Can I retire at age 44 with 850,000?

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 $850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$70,192$69,567$68,957$68,362$67,780$65,142
2 years$34,749$34,101$33,474$32,866$32,276$29,651
3 years$22,936$22,286$21,660$21,058$20,477$17,947
4 years$17,030$16,382$15,763$15,171$14,605$12,188
5 years$13,488$12,844$12,233$11,653$11,102$8,806
6 years$11,127$10,488$9,886$9,319$8,785$6,610
7 years$9,442$8,808$8,215$7,661$7,144$5,091
8 years$8,178$7,550$6,967$6,427$5,927$3,992
9 years$7,196$6,574$6,001$5,474$4,991$3,173
10 years$6,410$5,794$5,232$4,719$4,253$2,547
11 years$5,768$5,158$4,606$4,107$3,658$2,060
12 years$5,234$4,630$4,088$3,602$3,170$1,677
13 years$4,781$4,184$3,652$3,180$2,764$1,372
14 years$4,394$3,803$3,281$2,823$2,423$1,126
15 years$4,059$3,474$2,963$2,518$2,133$927
16 years$3,766$3,188$2,686$2,254$1,885$766
17 years$3,507$2,936$2,444$2,026$1,672$633
18 years$3,278$2,713$2,231$1,825$1,486$525
19 years$3,073$2,514$2,043$1,649$1,325$436
20 years$2,889$2,336$1,875$1,494$1,183$362
21 years$2,722$2,176$1,724$1,356$1,059$301
22 years$2,571$2,031$1,589$1,233$949$250
23 years$2,433$1,900$1,467$1,123$852$209
24 years$2,307$1,780$1,357$1,024$766$174
25 years$2,191$1,670$1,257$935$689$145
26 years$2,085$1,570$1,166$855$621$121
27 years$1,986$1,478$1,082$783$560$101
28 years$1,894$1,392$1,006$717$505$84
29 years$1,809$1,313$936$658$456$70
30 years$1,730$1,240$872$603$412$59
31 years$1,656$1,173$813$554$373$49
32 years$1,587$1,109$759$509$337$41
33 years$1,522$1,051$708$468$305$34
34 years$1,461$996$662$431$276$28
35 years$1,404$945$619$397$250$24
36 years$1,350$897$579$365$227$20
37 years$1,299$851$542$337$205$17
38 years$1,251$809$507$310$186$14
39 years$1,205$769$475$286$169$12
40 years$1,162$732$446$264$153$10
41 years$1,121$697$418$243$139$8
42 years$1,082$664$392$225$126$7
43 years$1,045$632$368$207$114$6
44 years$1,010$603$345$192$104$5
45 years$976$575$324$177$94$4
46 years$944$548$304$163$86$3
47 years$914$523$286$151$78$3
48 years$885$500$269$139$71$2
49 years$857$477$253$129$64$2
50 years$830$456$238$119$58$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $850,000, adding $6,130 every year, while hoping to spend $57,270 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: 52/25/23 Blend
43$850,000$850,000$850,000$850,000
44$943,023$897,973$884,798$985,743
45$978,277$881,039$853,504$998,974
46$1,015,207$861,356$819,242$1,006,970
47$1,053,923$838,728$781,853$1,014,479
48$1,094,547$812,949$741,168$1,021,476
49$1,137,208$783,800$697,014$1,027,936
50$1,182,047$751,051$649,208$1,033,837
51$1,229,218$714,455$597,559$1,039,157
52$1,278,889$673,753$541,868$1,043,878
53$1,331,242$628,673$481,926$1,047,981
54$1,386,474$578,924$417,516$1,051,453
55$1,444,802$524,199$348,411$1,054,285
56$1,506,463$464,176$274,374$1,056,470
57$1,571,713$398,511$195,156$1,058,007
58$1,640,834$326,845$110,500$1,058,902
59$1,714,133$248,793$20,136$1,059,165
60$1,791,945$163,955$0$1,058,818
61$1,874,637$71,903$0$1,076,613
62$1,962,611$0$0$1,100,356
63$2,056,307$0$0$1,132,879
64$2,156,205$0$0$1,188,692
65$2,262,833$0$0$1,248,317
66$2,376,767$0$0$1,312,082
67$2,498,642$0$0$1,380,349
68$2,629,150$0$0$1,453,514
69$2,769,052$0$0$1,532,011
70$2,919,184$0$0$1,616,318
71$3,080,462$0$0$1,706,957
72$3,253,891$0$0$1,804,503
73$3,440,576$0$0$1,909,588
74$3,641,728$0$0$2,022,903
75$3,858,679$0$0$2,145,210
76$4,092,892$0$0$2,277,346
77$4,345,975$0$0$2,420,229
78$4,619,694$0$0$2,574,870
79$4,915,991$0$0$2,742,379
80$5,237,000$0$0$2,923,978
81$5,585,069$0$0$3,121,009
82$5,962,779$0$0$3,334,949
83$6,372,968$0$0$3,567,422
84$6,818,759$0$0$3,820,215
85$7,303,587$0$0$4,095,293
86$7,831,231$0$0$4,394,821
87$8,405,848$0$0$4,721,177
88$9,032,016$0$0$5,076,981
89$9,714,768$0$0$5,465,115
90$10,459,649$0$0$5,888,754
91$11,272,757$0$0$6,351,389
92$12,160,808$0$0$6,856,864
93$13,131,195$0$0$7,409,414
94$14,192,056$0$0$8,013,699
95$15,352,352$0$0$8,674,848
96$16,621,947$0$0$9,398,513
97$18,011,707$0$0$10,190,916
98$19,533,593$0$0$11,058,906
99$21,200,779$0$0$12,010,030
100$23,027,773$0$0$13,052,596