Can I retire at age 44 with 830,000?

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 $830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$68,541$67,930$67,334$66,753$66,185$63,990
2 years$33,931$33,299$32,687$32,093$31,517$29,326
3 years$22,396$21,761$21,150$20,562$19,996$17,879
4 years$16,630$15,997$15,392$14,814$14,261$12,234
5 years$13,171$12,542$11,945$11,378$10,841$8,909
6 years$10,865$10,241$9,653$9,099$8,578$6,743
7 years$9,220$8,601$8,022$7,481$6,976$5,238
8 years$7,986$7,372$6,803$6,276$5,788$4,144
9 years$7,026$6,419$5,860$5,346$4,874$3,324
10 years$6,260$5,658$5,109$4,608$4,153$2,694
11 years$5,633$5,037$4,497$4,010$3,572$2,201
12 years$5,110$4,521$3,991$3,518$3,095$1,809
13 years$4,669$4,086$3,566$3,105$2,699$1,495
14 years$4,291$3,714$3,204$2,757$2,366$1,240
15 years$3,963$3,393$2,893$2,458$2,083$1,032
16 years$3,677$3,113$2,623$2,201$1,841$862
17 years$3,425$2,867$2,387$1,978$1,632$721
18 years$3,201$2,649$2,179$1,782$1,451$604
19 years$3,001$2,455$1,995$1,611$1,294$507
20 years$2,821$2,281$1,830$1,459$1,156$426
21 years$2,658$2,125$1,684$1,324$1,034$358
22 years$2,511$1,983$1,552$1,204$927$302
23 years$2,376$1,855$1,433$1,096$832$254
24 years$2,253$1,738$1,325$1,000$748$214
25 years$2,140$1,631$1,227$913$673$181
26 years$2,036$1,533$1,138$835$606$153
27 years$1,939$1,443$1,057$764$547$129
28 years$1,850$1,359$983$700$493$109
29 years$1,767$1,283$914$642$445$92
30 years$1,690$1,211$852$589$402$78
31 years$1,617$1,145$794$541$364$66
32 years$1,550$1,083$741$497$329$56
33 years$1,486$1,026$692$457$298$47
34 years$1,427$972$646$421$270$40
35 years$1,371$922$604$387$244$34
36 years$1,318$875$565$357$221$28
37 years$1,268$831$529$329$201$24
38 years$1,221$790$495$303$182$20
39 years$1,177$751$464$279$165$17
40 years$1,135$715$435$258$150$15
41 years$1,095$680$408$238$136$12
42 years$1,057$648$383$219$123$10
43 years$1,021$617$359$203$112$9
44 years$986$589$337$187$101$7
45 years$953$561$317$173$92$6
46 years$922$535$297$160$84$5
47 years$892$511$279$147$76$5
48 years$864$488$262$136$69$4
49 years$836$466$247$126$63$3
50 years$810$445$232$116$57$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $830,000, adding $4,708 every year, while hoping to spend $39,696 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: 58/36/6 Blend
43$830,000$830,000$830,000$830,000
44$919,516$875,526$862,661$971,463
45$971,071$876,191$849,324$1,007,550
46$1,026,553$875,558$834,210$1,041,940
47$1,086,323$873,521$817,217$1,078,428
48$1,150,773$869,969$798,239$1,117,215
49$1,220,337$864,782$777,165$1,158,527
50$1,295,490$857,836$753,879$1,202,614
51$1,376,756$848,995$728,260$1,249,751
52$1,464,708$838,119$700,179$1,300,244
53$1,559,978$825,057$669,505$1,354,432
54$1,663,261$809,649$636,098$1,412,690
55$1,775,319$791,728$599,814$1,475,435
56$1,896,993$771,114$560,499$1,543,124
57$2,029,207$747,619$517,996$1,616,269
58$2,172,976$721,043$472,139$1,695,433
59$2,329,419$691,173$422,755$1,781,239
60$2,499,765$657,785$369,662$1,874,379
61$2,685,367$620,643$312,673$1,975,615
62$2,887,716$579,496$251,589$2,085,794
63$3,108,450$534,079$186,204$2,205,850
64$3,349,375$484,111$116,304$2,336,818
65$3,612,475$429,296$41,664$2,479,842
66$3,899,937$369,322$0$2,636,185
67$4,214,169$303,856$0$2,809,680
68$4,557,820$232,551$0$3,002,445
69$4,933,808$155,037$0$3,213,535
70$5,345,347$70,924$0$3,444,856
71$5,795,973$0$0$3,698,515
72$6,289,584$0$0$3,984,840
73$6,830,469$0$0$4,329,443
74$7,423,354$0$0$4,707,248
75$8,073,443$0$0$5,121,578
76$8,786,468$0$0$5,576,098
77$9,568,741$0$0$6,074,840
78$10,427,217$0$0$6,622,248
79$11,369,555$0$0$7,223,217
80$12,404,192$0$0$7,883,138
81$13,540,423$0$0$8,607,950
82$14,788,487$0$0$9,404,196
83$16,159,661$0$0$10,279,083
84$17,666,372$0$0$11,240,553
85$19,322,308$0$0$12,297,351
86$21,142,549$0$0$13,459,117
87$23,143,710$0$0$14,736,467
88$25,344,095$0$0$16,141,098
89$27,763,870$0$0$17,685,900
90$30,425,255$0$0$19,385,072
91$33,352,729$0$0$21,254,258
92$36,573,265$0$0$23,310,696
93$40,116,580$0$0$25,573,379
94$44,015,418$0$0$28,063,233
95$48,305,855$0$0$30,803,315
96$53,027,645$0$0$33,819,031
97$58,224,587$0$0$37,138,373
98$63,944,943$0$0$40,792,188
99$70,241,891$0$0$44,814,461
100$77,174,027$0$0$49,242,642