Can I retire at age 44 with 770,000?

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 $770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$63,586$63,019$62,467$61,928$61,401$59,965
2 years$31,478$30,892$30,324$29,773$29,239$27,800
3 years$20,777$20,188$19,621$19,076$18,550$17,154
4 years$15,427$14,840$14,279$13,743$13,230$11,887
5 years$12,219$11,635$11,081$10,556$10,057$8,771
6 years$10,080$9,501$8,955$8,442$7,958$6,730
7 years$8,553$7,979$7,442$6,940$6,472$5,303
8 years$7,408$6,839$6,311$5,822$5,369$4,258
9 years$6,519$5,955$5,436$4,959$4,522$3,467
10 years$5,807$5,249$4,739$4,275$3,853$2,854
11 years$5,225$4,673$4,172$3,720$3,313$2,369
12 years$4,741$4,194$3,703$3,263$2,871$1,980
13 years$4,331$3,790$3,308$2,881$2,504$1,664
14 years$3,981$3,445$2,972$2,557$2,195$1,405
15 years$3,677$3,147$2,684$2,281$1,933$1,190
16 years$3,411$2,888$2,433$2,042$1,708$1,011
17 years$3,177$2,659$2,214$1,835$1,514$861
18 years$2,970$2,457$2,021$1,654$1,347$735
19 years$2,784$2,277$1,850$1,494$1,200$629
20 years$2,617$2,116$1,698$1,353$1,072$539
21 years$2,466$1,971$1,562$1,228$959$462
22 years$2,329$1,840$1,440$1,117$860$397
23 years$2,204$1,721$1,329$1,017$772$341
24 years$2,090$1,612$1,229$928$694$293
25 years$1,985$1,513$1,139$847$624$252
26 years$1,888$1,422$1,056$775$562$217
27 years$1,799$1,338$981$709$507$187
28 years$1,716$1,261$912$650$457$161
29 years$1,639$1,190$848$596$413$139
30 years$1,567$1,124$790$547$373$120
31 years$1,500$1,062$737$502$337$104
32 years$1,438$1,005$687$461$305$89
33 years$1,379$952$642$424$276$77
34 years$1,324$902$600$390$250$67
35 years$1,272$856$561$359$227$58
36 years$1,223$812$524$331$205$50
37 years$1,177$771$491$305$186$43
38 years$1,133$733$460$281$169$37
39 years$1,092$697$431$259$153$32
40 years$1,053$663$404$239$139$28
41 years$1,016$631$378$221$126$24
42 years$980$601$355$204$114$21
43 years$947$573$333$188$104$18
44 years$915$546$313$173$94$15
45 years$884$521$294$160$85$13
46 years$855$497$276$148$78$12
47 years$828$474$259$137$70$10
48 years$801$453$243$126$64$9
49 years$776$432$229$117$58$7
50 years$752$413$215$108$53$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $770,000, adding $2,501 every year, while hoping to spend $27,339 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: 69/15/16 Blend
43$770,000$770,000$770,000$770,000
44$851,120$810,310$798,375$906,482
45$908,846$820,926$796,032$954,290
46$971,543$831,147$792,694$1,003,096
47$1,039,690$840,923$788,299$1,055,804
48$1,113,814$850,204$782,783$1,112,795
49$1,194,493$858,933$776,075$1,174,489
50$1,282,363$867,053$768,106$1,241,350
51$1,378,126$874,501$758,800$1,313,889
52$1,482,554$881,210$748,078$1,392,668
53$1,596,494$887,110$735,859$1,478,308
54$1,720,882$892,124$722,056$1,571,495
55$1,856,747$896,172$706,579$1,672,982
56$2,005,220$899,170$689,335$1,783,602
57$2,167,549$901,025$670,224$1,904,272
58$2,345,105$901,642$649,143$2,036,004
59$2,539,402$900,918$625,985$2,179,914
60$2,752,102$898,744$600,636$2,337,230
61$2,985,038$895,004$572,979$2,509,310
62$3,240,229$889,576$542,891$2,697,647
63$3,519,896$882,330$510,242$2,903,891
64$3,826,489$873,127$474,899$3,129,859
65$4,162,702$861,822$436,719$3,377,553
66$4,531,506$848,259$395,557$3,649,185
67$4,936,169$832,274$351,258$3,947,189
68$5,380,296$813,693$303,663$4,274,250
69$5,867,853$792,331$252,603$4,633,330
70$6,403,213$767,994$197,903$5,027,692
71$6,991,190$740,474$139,382$5,460,936
72$7,637,088$709,554$76,848$5,937,029
73$8,346,751$675,002$10,102$6,460,344
74$9,126,615$636,574$0$7,035,705
75$9,983,774$594,010$0$7,678,862
76$10,926,040$547,037$0$8,387,759
77$11,962,020$495,366$0$9,167,170
78$13,101,198$438,691$0$10,024,257
79$14,354,022$376,689$0$10,966,914
80$15,732,004$309,018$0$12,003,840
81$17,247,828$235,319$0$13,144,622
82$18,915,467$155,211$0$14,399,826
83$20,750,318$68,290$0$15,781,096
84$22,769,347$0$0$17,301,264
85$24,991,245$0$0$18,978,743
86$27,436,609$0$0$20,837,390
87$30,128,132$0$0$22,883,187
88$33,090,820$0$0$25,135,148
89$36,352,225$0$0$27,614,222
90$39,942,706$0$0$30,343,492
91$43,895,717$0$0$33,348,396
92$48,248,119$0$0$36,656,961
93$53,040,530$0$0$40,300,071
94$58,317,706$0$0$44,311,758
95$64,128,966$0$0$48,729,520
96$70,528,655$0$0$53,594,680
97$77,576,655$0$0$58,952,771
98$85,338,955$0$0$64,853,968
99$93,888,269$0$0$71,353,558
100$103,304,721$0$0$78,512,469