Can I retire at age 44 with 750,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$61,934$61,383$60,844$60,319$59,806$58,125
2 years$30,661$30,090$29,536$29,000$28,479$26,798
3 years$20,237$19,664$19,112$18,580$18,068$16,440
4 years$15,027$14,455$13,909$13,386$12,886$11,324
5 years$11,901$11,333$10,794$10,282$9,796$8,303
6 years$9,818$9,254$8,723$8,222$7,751$6,329
7 years$8,331$7,772$7,249$6,760$6,304$4,953
8 years$7,216$6,662$6,147$5,671$5,230$3,949
9 years$6,349$5,800$5,295$4,830$4,404$3,193
10 years$5,656$5,113$4,616$4,164$3,753$2,608
11 years$5,090$4,551$4,064$3,624$3,227$2,149
12 years$4,618$4,085$3,607$3,179$2,797$1,782
13 years$4,219$3,692$3,222$2,806$2,439$1,485
14 years$3,877$3,356$2,895$2,491$2,138$1,243
15 years$3,581$3,066$2,614$2,222$1,882$1,045
16 years$3,323$2,813$2,370$1,989$1,664$880
17 years$3,095$2,590$2,157$1,787$1,475$743
18 years$2,892$2,394$1,969$1,611$1,312$629
19 years$2,712$2,218$1,802$1,455$1,169$533
20 years$2,549$2,061$1,654$1,318$1,044$452
21 years$2,402$1,920$1,521$1,196$934$384
22 years$2,269$1,792$1,402$1,088$838$327
23 years$2,147$1,676$1,295$991$752$278
24 years$2,036$1,571$1,197$903$676$237
25 years$1,934$1,474$1,109$825$608$202
26 years$1,839$1,385$1,029$754$548$172
27 years$1,752$1,304$955$691$494$147
28 years$1,672$1,228$888$633$446$126
29 years$1,597$1,159$826$580$402$107
30 years$1,527$1,094$770$532$364$92
31 years$1,461$1,035$717$489$329$78
32 years$1,400$979$669$449$297$67
33 years$1,343$927$625$413$269$57
34 years$1,289$879$584$380$244$49
35 years$1,239$833$546$350$221$42
36 years$1,191$791$511$322$200$36
37 years$1,146$751$478$297$181$31
38 years$1,104$714$448$274$164$26
39 years$1,063$679$419$252$149$22
40 years$1,025$646$393$233$135$19
41 years$989$615$369$215$123$16
42 years$955$586$346$198$111$14
43 years$922$558$324$183$101$12
44 years$891$532$305$169$92$10
45 years$861$507$286$156$83$9
46 years$833$484$269$144$76$7
47 years$806$462$252$133$69$6
48 years$780$441$237$123$62$5
49 years$756$421$223$114$57$5
50 years$732$402$210$105$51$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $750,000, adding $3,972 every year, while hoping to spend $54,095 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 44/42/14 Blend
43$750,000$750,000$750,000$750,000
44$830,597$790,847$779,222$863,630
45$857,761$772,042$747,769$868,290
46$885,883$750,502$713,450$867,597
47$915,004$726,037$676,111$865,667
48$945,165$698,444$635,592$862,407
49$976,413$667,509$591,725$857,722
50$1,008,796$633,006$544,337$851,510
51$1,042,365$594,695$493,244$843,663
52$1,077,174$552,323$438,255$834,070
53$1,113,281$505,621$379,172$822,611
54$1,150,747$454,309$315,786$809,162
55$1,189,638$398,084$247,879$793,591
56$1,230,024$336,633$175,226$775,760
57$1,271,978$269,620$97,588$755,524
58$1,315,582$196,694$14,719$732,731
59$1,360,920$117,480$0$707,220
60$1,408,083$31,586$0$689,836
61$1,457,170$0$0$672,453
62$1,508,287$0$0$681,106
63$1,561,545$0$0$705,347
64$1,617,067$0$0$730,637
65$1,674,984$0$0$757,036
66$1,735,437$0$0$784,612
67$1,798,579$0$0$813,437
68$1,864,575$0$0$843,589
69$1,933,602$0$0$875,153
70$2,005,854$0$0$908,221
71$2,081,538$0$0$942,891
72$2,160,882$0$0$979,271
73$2,244,130$0$0$1,017,479
74$2,331,548$0$0$1,057,641
75$2,423,427$0$0$1,099,895
76$2,520,080$0$0$1,144,392
77$2,621,849$0$0$1,191,295
78$2,729,108$0$0$1,240,784
79$2,842,263$0$0$1,293,051
80$2,961,754$0$0$1,348,309
81$3,088,065$0$0$1,406,790
82$3,221,723$0$0$1,468,745
83$3,363,303$0$0$1,534,452
84$3,513,431$0$0$1,604,211
85$3,672,796$0$0$1,678,354
86$3,842,147$0$0$1,757,239
87$4,022,306$0$0$1,841,264
88$4,214,171$0$0$1,930,860
89$4,418,726$0$0$2,026,501
90$4,637,050$0$0$2,128,706
91$4,870,322$0$0$2,238,044
92$5,119,838$0$0$2,355,140
93$5,387,015$0$0$2,480,676
94$5,673,410$0$0$2,615,405
95$5,980,731$0$0$2,760,150
96$6,310,850$0$0$2,915,815
97$6,665,825$0$0$3,083,393
98$7,047,911$0$0$3,263,974
99$7,459,589$0$0$3,458,756
100$7,903,581$0$0$3,669,054