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%13.8%
1 years$70,192$69,567$68,957$68,362$67,780$66,712
2 years$34,749$34,101$33,474$32,866$32,276$31,203
3 years$22,936$22,286$21,660$21,058$20,477$19,432
4 years$17,030$16,382$15,763$15,171$14,605$13,596
5 years$13,488$12,844$12,233$11,653$11,102$10,133
6 years$11,127$10,488$9,886$9,319$8,785$7,855
7 years$9,442$8,808$8,215$7,661$7,144$6,256
8 years$8,178$7,550$6,967$6,427$5,927$5,079
9 years$7,196$6,574$6,001$5,474$4,991$4,183
10 years$6,410$5,794$5,232$4,719$4,253$3,484
11 years$5,768$5,158$4,606$4,107$3,658$2,927
12 years$5,234$4,630$4,088$3,602$3,170$2,477
13 years$4,781$4,184$3,652$3,180$2,764$2,107
14 years$4,394$3,803$3,281$2,823$2,423$1,802
15 years$4,059$3,474$2,963$2,518$2,133$1,547
16 years$3,766$3,188$2,686$2,254$1,885$1,332
17 years$3,507$2,936$2,444$2,026$1,672$1,150
18 years$3,278$2,713$2,231$1,825$1,486$996
19 years$3,073$2,514$2,043$1,649$1,325$864
20 years$2,889$2,336$1,875$1,494$1,183$750
21 years$2,722$2,176$1,724$1,356$1,059$653
22 years$2,571$2,031$1,589$1,233$949$569
23 years$2,433$1,900$1,467$1,123$852$496
24 years$2,307$1,780$1,357$1,024$766$433
25 years$2,191$1,670$1,257$935$689$378
26 years$2,085$1,570$1,166$855$621$331
27 years$1,986$1,478$1,082$783$560$290
28 years$1,894$1,392$1,006$717$505$253
29 years$1,809$1,313$936$658$456$222
30 years$1,730$1,240$872$603$412$194
31 years$1,656$1,173$813$554$373$170
32 years$1,587$1,109$759$509$337$149
33 years$1,522$1,051$708$468$305$131
34 years$1,461$996$662$431$276$115
35 years$1,404$945$619$397$250$101
36 years$1,350$897$579$365$227$89
37 years$1,299$851$542$337$205$78
38 years$1,251$809$507$310$186$68
39 years$1,205$769$475$286$169$60
40 years$1,162$732$446$264$153$53
41 years$1,121$697$418$243$139$46
42 years$1,082$664$392$225$126$41
43 years$1,045$632$368$207$114$36
44 years$1,010$603$345$192$104$31
45 years$976$575$324$177$94$27
46 years$944$548$304$163$86$24
47 years$914$523$286$151$78$21
48 years$885$500$269$139$71$19
49 years$857$477$253$129$64$16
50 years$830$456$238$119$58$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $850,000, adding $6,868 every year, while hoping to spend $54,224 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: 34/38/28 Blend
43$850,000$850,000$850,000$850,000
44$943,784$898,734$885,559$967,690
45$982,356$885,078$857,532$972,648
46$1,023,046$868,936$826,748$972,664
47$1,066,010$850,128$793,058$971,633
48$1,111,424$828,465$756,306$969,499
49$1,159,475$803,745$716,328$966,206
50$1,210,370$775,757$672,953$961,696
51$1,264,334$744,276$626,004$955,913
52$1,321,613$709,063$575,292$948,800
53$1,382,477$669,866$520,624$940,301
54$1,447,220$626,419$461,795$930,362
55$1,516,164$578,442$398,592$918,930
56$1,589,662$525,635$330,795$905,955
57$1,668,101$467,684$258,169$891,388
58$1,751,903$404,257$180,474$875,186
59$1,841,534$335,002$97,457$857,309
60$1,937,502$259,548$8,853$837,724
61$2,040,364$177,503$0$816,405
62$2,150,733$88,453$0$818,937
63$2,269,281$0$0$824,192
64$2,396,745$0$0$832,977
65$2,533,934$0$0$882,331
66$2,681,737$0$0$935,596
67$2,841,130$0$0$993,138
68$3,013,186$0$0$1,055,356
69$3,199,083$0$0$1,122,688
70$3,400,115$0$0$1,195,619
71$3,617,707$0$0$1,274,678
72$3,853,422$0$0$1,360,451
73$4,108,982$0$0$1,453,579
74$4,386,278$0$0$1,554,768
75$4,687,391$0$0$1,664,795
76$5,014,610$0$0$1,784,516
77$5,370,451$0$0$1,914,870
78$5,757,686$0$0$2,056,894
79$6,179,361$0$0$2,211,724
80$6,638,830$0$0$2,380,616
81$7,139,784$0$0$2,564,949
82$7,686,285$0$0$2,766,241
83$8,282,803$0$0$2,986,164
84$8,934,261$0$0$3,226,559
85$9,646,075$0$0$3,489,453
86$10,424,211$0$0$3,777,075
87$11,275,236$0$0$4,091,884
88$12,206,379$0$0$4,436,584
89$13,225,602$0$0$4,814,154
90$14,341,673$0$0$5,227,876
91$15,564,245$0$0$5,681,361
92$16,903,951$0$0$6,178,589
93$18,372,500$0$0$6,723,942
94$19,982,787$0$0$7,322,249
95$21,749,018$0$0$7,978,826
96$23,686,835$0$0$8,699,529
97$25,813,471$0$0$9,490,810
98$28,147,907$0$0$10,359,776
99$30,711,052$0$0$11,314,255
100$33,525,937$0$0$12,362,870