Can I retire at age 44 with 820,000?

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 $820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$67,715$67,112$66,523$65,949$65,388$63,730
2 years$33,522$32,898$32,293$31,706$31,137$29,477
3 years$22,126$21,499$20,896$20,314$19,755$18,145
4 years$16,429$15,804$15,207$14,635$14,089$12,542
5 years$13,012$12,391$11,801$11,241$10,710$9,230
6 years$10,735$10,118$9,537$8,990$8,475$7,063
7 years$9,108$8,497$7,925$7,391$6,892$5,549
8 years$7,889$7,283$6,721$6,200$5,718$4,443
9 years$6,942$6,342$5,789$5,281$4,815$3,607
10 years$6,184$5,590$5,047$4,552$4,103$2,960
11 years$5,565$4,976$4,443$3,962$3,529$2,449
12 years$5,049$4,466$3,943$3,475$3,058$2,040
13 years$4,613$4,036$3,523$3,068$2,666$1,709
14 years$4,239$3,669$3,165$2,723$2,337$1,437
15 years$3,916$3,352$2,858$2,429$2,058$1,213
16 years$3,633$3,075$2,591$2,175$1,819$1,027
17 years$3,384$2,832$2,358$1,954$1,613$872
18 years$3,162$2,617$2,152$1,761$1,434$742
19 years$2,965$2,425$1,970$1,591$1,278$632
20 years$2,787$2,254$1,808$1,441$1,142$539
21 years$2,626$2,099$1,663$1,308$1,022$461
22 years$2,480$1,960$1,533$1,189$916$394
23 years$2,348$1,833$1,416$1,083$822$337
24 years$2,226$1,717$1,309$988$739$289
25 years$2,114$1,611$1,212$902$665$248
26 years$2,011$1,515$1,125$825$599$212
27 years$1,916$1,425$1,044$755$540$182
28 years$1,828$1,343$971$692$487$157
29 years$1,746$1,267$903$634$440$134
30 years$1,669$1,197$841$582$398$115
31 years$1,598$1,131$784$535$359$99
32 years$1,531$1,070$732$491$325$85
33 years$1,468$1,014$683$452$294$73
34 years$1,410$961$639$416$266$63
35 years$1,354$911$597$383$241$54
36 years$1,302$865$558$352$219$47
37 years$1,253$821$523$325$198$40
38 years$1,207$781$489$299$180$34
39 years$1,163$742$459$276$163$30
40 years$1,121$706$430$255$148$26
41 years$1,082$672$403$235$134$22
42 years$1,044$640$378$217$122$19
43 years$1,008$610$355$200$110$16
44 years$974$581$333$185$100$14
45 years$942$555$313$171$91$12
46 years$911$529$294$158$83$10
47 years$882$505$276$146$75$9
48 years$853$482$259$135$68$8
49 years$826$460$244$124$62$7
50 years$801$440$229$115$56$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $820,000, adding $6,083 every year, while hoping to spend $30,317 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: 34/39/27 Blend
43$820,000$820,000$820,000$820,000
44$909,915$866,455$853,745$933,241
45$970,469$876,654$850,088$961,503
46$1,036,184$886,337$845,293$988,812
47$1,107,553$895,446$839,289$1,017,670
48$1,185,121$903,920$832,003$1,048,235
49$1,269,486$911,695$823,357$1,080,683
50$1,361,306$918,700$813,272$1,115,210
51$1,461,304$924,862$801,662$1,152,033
52$1,570,279$930,102$788,439$1,191,395
53$1,689,107$934,336$773,511$1,233,563
54$1,818,753$937,476$756,781$1,278,836
55$1,960,279$939,426$738,147$1,327,546
56$2,114,856$940,086$717,503$1,380,059
57$2,283,770$939,349$694,738$1,436,784
58$2,468,439$937,102$669,737$1,498,173
59$2,670,424$933,224$642,377$1,564,727
60$2,891,443$927,587$612,532$1,637,003
61$3,133,388$920,057$580,069$1,715,617
62$3,398,342$910,488$544,850$1,801,252
63$3,688,600$898,729$506,730$1,894,666
64$4,006,688$884,618$465,557$1,996,697
65$4,355,390$867,984$421,172$2,108,273
66$4,737,770$848,645$373,412$2,230,423
67$5,157,204$826,410$322,102$2,364,285
68$5,617,409$801,075$267,064$2,511,118
69$6,122,483$772,425$208,108$2,672,317
70$6,676,934$740,233$145,038$2,849,424
71$7,285,734$704,256$77,649$3,044,144
72$7,954,355$664,241$5,727$3,258,366
73$8,688,828$619,918$0$3,494,176
74$9,495,796$571,001$0$3,774,343
75$10,382,577$517,190$0$4,084,048
76$11,357,233$458,166$0$4,424,527
77$12,428,647$393,592$0$4,798,972
78$13,606,603$323,112$0$5,210,902
79$14,901,883$246,352$0$5,664,203
80$16,326,366$162,913$0$6,163,162
81$17,893,137$72,378$0$6,712,510
82$19,616,615$0$0$7,317,469
83$21,512,687$0$0$7,994,826
84$23,598,857$0$0$8,774,407
85$25,894,409$0$0$9,632,375
86$28,420,595$0$0$10,576,689
87$31,200,828$0$0$11,616,121
88$34,260,907$0$0$12,760,334
89$37,629,258$0$0$14,019,977
90$41,337,204$0$0$15,406,783
91$45,419,257$0$0$16,933,681
92$49,913,449$0$0$18,614,918
93$54,861,682$0$0$20,466,193
94$60,310,133$0$0$22,504,803
95$66,309,682$0$0$24,749,810
96$72,916,394$0$0$27,222,217
97$80,192,049$0$0$29,945,169
98$88,204,723$0$0$32,944,171
99$97,029,433$0$0$36,247,325
100$106,748,839$0$0$39,885,601