Can I retire at age 44 with 760,000?

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 $760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$62,760$62,201$61,656$61,123$60,603$59,331
2 years$31,069$30,491$29,930$29,386$28,859$27,583
3 years$20,507$19,926$19,367$18,828$18,309$17,070
4 years$15,227$14,648$14,094$13,565$13,058$11,865
5 years$12,060$11,484$10,937$10,419$9,927$8,782
6 years$9,949$9,378$8,839$8,332$7,855$6,761
7 years$8,442$7,875$7,345$6,850$6,388$5,345
8 years$7,312$6,751$6,229$5,746$5,299$4,306
9 years$6,434$5,878$5,365$4,895$4,463$3,520
10 years$5,732$5,181$4,678$4,219$3,803$2,908
11 years$5,157$4,612$4,118$3,672$3,270$2,423
12 years$4,679$4,140$3,655$3,221$2,834$2,033
13 years$4,275$3,741$3,265$2,844$2,471$1,715
14 years$3,929$3,400$2,934$2,524$2,166$1,454
15 years$3,629$3,106$2,649$2,251$1,907$1,237
16 years$3,367$2,850$2,402$2,016$1,686$1,055
17 years$3,136$2,625$2,185$1,811$1,495$903
18 years$2,931$2,425$1,995$1,632$1,329$774
19 years$2,748$2,248$1,826$1,475$1,185$665
20 years$2,583$2,089$1,676$1,336$1,058$572
21 years$2,434$1,946$1,542$1,212$947$493
22 years$2,299$1,816$1,421$1,102$849$425
23 years$2,176$1,699$1,312$1,004$762$367
24 years$2,063$1,592$1,213$916$685$317
25 years$1,959$1,494$1,124$836$616$274
26 years$1,864$1,404$1,042$764$555$238
27 years$1,776$1,321$968$700$500$206
28 years$1,694$1,245$900$641$452$178
29 years$1,618$1,174$837$588$408$154
30 years$1,547$1,109$780$540$368$134
31 years$1,481$1,048$727$496$333$116
32 years$1,419$992$678$455$301$101
33 years$1,361$939$633$419$273$87
34 years$1,307$890$592$385$247$76
35 years$1,255$845$553$355$224$66
36 years$1,207$802$518$327$203$57
37 years$1,161$761$484$301$184$50
38 years$1,118$724$454$277$166$43
39 years$1,078$688$425$256$151$37
40 years$1,039$655$398$236$137$32
41 years$1,002$623$374$218$124$28
42 years$968$593$350$201$113$24
43 years$934$565$329$185$102$21
44 years$903$539$309$171$93$18
45 years$873$514$290$158$84$16
46 years$844$490$272$146$77$14
47 years$817$468$256$135$70$12
48 years$791$447$240$125$63$10
49 years$766$427$226$115$57$9
50 years$742$407$212$107$52$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $760,000, adding $4,306 every year, while hoping to spend $46,045 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: 56/15/29 Blend
43$760,000$760,000$760,000$760,000
44$841,962$801,682$789,902$882,152
45$878,850$791,973$767,372$900,600
46$917,958$780,244$742,544$915,562
47$959,463$766,350$715,293$930,940
48$1,003,560$750,132$685,486$946,790
49$1,050,461$731,427$652,988$963,175
50$1,100,398$710,057$617,654$980,169
51$1,153,628$685,838$579,334$997,856
52$1,210,427$658,574$537,871$1,016,329
53$1,271,103$628,057$493,102$1,035,696
54$1,335,990$594,066$444,855$1,056,077
55$1,405,455$556,369$392,952$1,077,609
56$1,479,902$514,721$337,206$1,100,446
57$1,559,771$468,862$277,422$1,124,762
58$1,645,548$418,517$213,396$1,150,751
59$1,737,765$363,395$144,915$1,178,633
60$1,837,005$303,189$71,758$1,208,654
61$1,943,911$237,576$0$1,241,088
62$2,059,186$166,214$0$1,278,199
63$2,183,604$88,740$0$1,342,200
64$2,318,016$4,773$0$1,411,328
65$2,463,357$0$0$1,486,095
66$2,620,652$0$0$1,581,279
67$2,791,032$0$0$1,685,290
68$2,975,737$0$0$1,798,107
69$3,176,133$0$0$1,920,569
70$3,393,720$0$0$2,053,603
71$3,630,151$0$0$2,198,226
72$3,887,241$0$0$2,355,558
73$4,166,989$0$0$2,526,831
74$4,471,594$0$0$2,713,400
75$4,803,474$0$0$2,916,758
76$5,165,294$0$0$3,138,546
77$5,559,983$0$0$3,380,571
78$5,990,767$0$0$3,644,822
79$6,461,196$0$0$3,933,489
80$6,975,179$0$0$4,248,982
81$7,537,019$0$0$4,593,956
82$8,151,454$0$0$4,971,331
83$8,823,699$0$0$5,384,325
84$9,559,498$0$0$5,836,482
85$10,365,176$0$0$6,331,701
86$11,247,697$0$0$6,874,279
87$12,214,731$0$0$7,468,948
88$13,274,726$0$0$8,120,918
89$14,436,984$0$0$8,835,929
90$15,711,752$0$0$9,620,301
91$17,110,315$0$0$10,480,996
92$18,645,105$0$0$11,425,685
93$20,329,813$0$0$12,462,814
94$22,179,523$0$0$13,601,689
95$24,210,850$0$0$14,852,561
96$26,442,097$0$0$16,226,722
97$28,893,425$0$0$17,736,612
98$31,587,047$0$0$19,395,936
99$34,547,434$0$0$21,219,792
100$37,801,542$0$0$23,224,814