Can I retire at age 44 with 870,000?

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 $870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$71,844$71,204$70,579$69,970$69,375$68,451
2 years$35,566$34,904$34,262$33,639$33,036$32,107
3 years$23,475$22,810$22,170$21,553$20,959$20,054
4 years$17,431$16,768$16,134$15,528$14,948$14,073
5 years$13,805$13,146$12,521$11,927$11,363$10,521
6 years$11,389$10,735$10,118$9,538$8,992$8,183
7 years$9,664$9,015$8,408$7,842$7,313$6,538
8 years$8,371$7,728$7,131$6,578$6,066$5,327
9 years$7,365$6,728$6,142$5,603$5,109$4,403
10 years$6,561$5,931$5,355$4,830$4,353$3,680
11 years$5,904$5,280$4,714$4,204$3,744$3,104
12 years$5,357$4,739$4,184$3,687$3,244$2,636
13 years$4,894$4,282$3,738$3,255$2,829$2,252
14 years$4,498$3,893$3,359$2,890$2,480$1,933
15 years$4,154$3,556$3,032$2,577$2,183$1,666
16 years$3,854$3,263$2,749$2,307$1,930$1,441
17 years$3,590$3,005$2,502$2,073$1,711$1,250
18 years$3,355$2,776$2,284$1,868$1,521$1,087
19 years$3,145$2,573$2,091$1,688$1,356$947
20 years$2,957$2,391$1,919$1,529$1,211$826
21 years$2,786$2,227$1,765$1,388$1,084$722
22 years$2,632$2,079$1,627$1,262$972$632
23 years$2,491$1,945$1,502$1,149$872$554
24 years$2,362$1,822$1,389$1,048$784$486
25 years$2,243$1,710$1,286$957$705$426
26 years$2,134$1,607$1,193$875$635$375
27 years$2,033$1,512$1,108$801$573$329
28 years$1,939$1,425$1,030$734$517$290
29 years$1,852$1,344$958$673$467$255
30 years$1,771$1,270$893$618$422$225
31 years$1,695$1,200$832$567$381$198
32 years$1,624$1,136$777$521$345$174
33 years$1,558$1,075$725$479$312$154
34 years$1,496$1,019$677$441$283$135
35 years$1,437$967$633$406$256$119
36 years$1,382$918$593$374$232$105
37 years$1,330$872$555$345$210$93
38 years$1,280$828$519$318$191$82
39 years$1,234$788$487$293$173$72
40 years$1,189$749$456$270$157$64
41 years$1,147$713$428$249$142$56
42 years$1,108$679$401$230$129$50
43 years$1,070$647$376$212$117$44
44 years$1,034$617$353$196$106$39
45 years$999$588$332$181$97$34
46 years$967$561$312$167$88$30
47 years$935$536$293$154$80$27
48 years$905$511$275$143$72$24
49 years$877$488$259$132$66$21
50 years$849$466$243$122$60$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $870,000, adding $5,192 every year, while hoping to spend $46,083 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: 58/26/16 Blend
43$870,000$870,000$870,000$870,000
44$964,096$917,986$904,501$1,015,737
45$1,013,401$913,935$885,769$1,047,251
46$1,066,192$908,141$864,866$1,076,075
47$1,122,774$900,471$841,670$1,106,436
48$1,183,484$890,781$816,053$1,138,487
49$1,248,691$878,921$787,882$1,172,403
50$1,318,801$864,731$757,020$1,208,376
51$1,394,258$848,043$723,320$1,246,621
52$1,475,552$828,677$686,630$1,287,375
53$1,563,219$806,442$646,793$1,330,905
54$1,657,848$781,139$603,642$1,377,504
55$1,760,088$752,554$557,003$1,427,501
56$1,870,650$720,462$506,695$1,481,259
57$1,990,317$684,625$452,530$1,539,182
58$2,119,949$644,792$394,310$1,601,720
59$2,260,492$600,695$331,827$1,669,369
60$2,412,986$552,053$264,868$1,742,682
61$2,578,576$498,568$193,205$1,822,272
62$2,758,518$439,926$116,605$1,908,820
63$2,954,198$375,793$34,823$2,003,077
64$3,167,138$305,818$0$2,105,881
65$3,399,013$229,631$0$2,227,111
66$3,651,668$146,839$0$2,365,764
67$3,927,132$57,027$0$2,517,073
68$4,227,637$0$0$2,682,345
69$4,555,641$0$0$2,874,540
70$4,913,851$0$0$3,102,320
71$5,305,244$0$0$3,351,272
72$5,733,100$0$0$3,623,493
73$6,201,029$0$0$3,921,287
74$6,713,006$0$0$4,247,194
75$7,273,409$0$0$4,604,011
76$7,887,056$0$0$4,994,816
77$8,559,255$0$0$5,423,002
78$9,295,852$0$0$5,892,302
79$10,103,284$0$0$6,406,829
80$10,988,641$0$0$6,971,113
81$11,959,731$0$0$7,590,145
82$13,025,154$0$0$8,269,419
83$14,194,385$0$0$9,014,989
84$15,477,859$0$0$9,833,523
85$16,887,070$0$0$10,732,366
86$18,434,680$0$0$11,719,610
87$20,134,638$0$0$12,804,167
88$22,002,310$0$0$13,995,858
89$24,054,623$0$0$15,305,500
90$26,310,227$0$0$16,745,010
91$28,789,666$0$0$18,327,518
92$31,515,576$0$0$20,067,489
93$34,512,893$0$0$21,980,861
94$37,809,093$0$0$24,085,190
95$41,434,446$0$0$26,399,823
96$45,422,302$0$0$28,946,074
97$49,809,408$0$0$31,747,426
98$54,636,252$0$0$34,829,756
99$59,947,441$0$0$38,221,571
100$65,792,128$0$0$41,954,287