Can I retire at age 44 with 875,000?

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 $875,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$72,257$71,613$70,985$70,372$69,774$68,226
2 years$35,771$35,104$34,459$33,833$33,226$31,674
3 years$23,610$22,941$22,297$21,677$21,080$19,573
4 years$17,531$16,864$16,227$15,617$15,034$13,584
5 years$13,885$13,222$12,593$11,995$11,429$10,039
6 years$11,455$10,797$10,177$9,593$9,043$7,716
7 years$9,719$9,067$8,457$7,887$7,355$6,089
8 years$8,419$7,772$7,172$6,616$6,101$4,898
9 years$7,407$6,767$6,177$5,635$5,138$3,996
10 years$6,599$5,965$5,385$4,858$4,378$3,295
11 years$5,938$5,310$4,741$4,228$3,765$2,741
12 years$5,387$4,766$4,208$3,708$3,263$2,295
13 years$4,922$4,307$3,759$3,274$2,845$1,932
14 years$4,523$3,915$3,378$2,906$2,494$1,634
15 years$4,178$3,576$3,050$2,592$2,196$1,388
16 years$3,877$3,281$2,765$2,321$1,941$1,182
17 years$3,611$3,022$2,516$2,085$1,721$1,009
18 years$3,375$2,792$2,297$1,879$1,530$863
19 years$3,164$2,588$2,103$1,698$1,364$740
20 years$2,974$2,405$1,930$1,538$1,218$635
21 years$2,802$2,240$1,775$1,396$1,090$546
22 years$2,647$2,091$1,636$1,269$977$470
23 years$2,505$1,956$1,510$1,156$877$405
24 years$2,375$1,832$1,397$1,054$788$349
25 years$2,256$1,720$1,294$963$709$301
26 years$2,146$1,616$1,200$880$639$260
27 years$2,044$1,521$1,114$806$576$224
28 years$1,950$1,433$1,036$738$520$194
29 years$1,863$1,352$964$677$469$168
30 years$1,781$1,277$898$621$424$145
31 years$1,705$1,207$837$571$383$125
32 years$1,634$1,142$781$524$347$108
33 years$1,567$1,082$729$482$314$94
34 years$1,504$1,025$681$444$284$81
35 years$1,445$972$637$408$257$70
36 years$1,390$923$596$376$233$61
37 years$1,337$877$558$347$211$53
38 years$1,288$833$522$319$192$46
39 years$1,241$792$489$295$174$40
40 years$1,196$754$459$272$158$34
41 years$1,154$717$430$251$143$30
42 years$1,114$683$403$231$130$26
43 years$1,076$651$379$214$118$22
44 years$1,040$620$355$197$107$19
45 years$1,005$592$334$182$97$17
46 years$972$564$313$168$88$14
47 years$941$539$294$155$80$13
48 years$911$514$277$144$73$11
49 years$882$491$260$133$66$9
50 years$854$469$244$123$60$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $875,000, adding $6,093 every year, while hoping to spend $47,111 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: 64/28/8 Blend
43$875,000$875,000$875,000$875,000
44$970,535$924,160$910,597$1,030,718
45$1,019,404$919,318$890,977$1,066,747
46$1,071,678$912,660$869,120$1,099,982
47$1,127,656$904,047$844,902$1,135,063
48$1,187,664$893,332$818,193$1,172,166
49$1,252,059$880,359$788,856$1,211,489
50$1,321,235$864,962$756,749$1,253,246
51$1,395,623$846,968$721,722$1,297,680
52$1,475,697$826,190$683,620$1,345,057
53$1,561,977$802,432$642,280$1,395,673
54$1,655,034$775,486$597,532$1,449,855
55$1,755,495$745,132$549,197$1,507,967
56$1,864,050$711,139$497,089$1,570,411
57$1,981,457$673,258$441,015$1,637,635
58$2,108,548$631,231$380,772$1,710,132
59$2,246,240$584,781$316,148$1,788,450
60$2,395,539$533,617$246,921$1,873,195
61$2,557,552$477,432$172,861$1,965,039
62$2,733,497$415,901$93,726$2,064,725
63$2,924,713$348,680$9,266$2,173,077
64$3,132,674$275,405$0$2,291,005
65$3,359,000$195,694$0$2,426,421
66$3,605,476$109,140$0$2,574,830
67$3,874,063$15,317$0$2,736,699
68$4,166,923$0$0$2,913,419
69$4,486,432$0$0$3,133,093
70$4,835,208$0$0$3,378,098
71$5,216,130$0$0$3,645,744
72$5,632,369$0$0$3,938,267
73$6,087,417$0$0$4,258,128
74$6,585,117$0$0$4,608,037
75$7,129,702$0$0$4,990,978
76$7,725,830$0$0$5,410,235
77$8,378,634$0$0$5,869,427
78$9,093,763$0$0$6,372,539
79$9,877,443$0$0$6,923,957
80$10,736,525$0$0$7,528,515
81$11,678,558$0$0$8,191,534
82$12,711,856$0$0$8,918,877
83$13,845,576$0$0$9,717,002
84$15,089,805$0$0$10,593,019
85$16,455,653$0$0$11,554,764
86$17,955,358$0$0$12,610,867
87$19,602,401$0$0$13,770,834
88$21,411,634$0$0$15,045,138
89$23,399,417$0$0$16,445,316
90$25,583,773$0$0$17,984,077
91$27,984,559$0$0$19,675,424
92$30,623,649$0$0$21,534,784
93$33,525,143$0$0$23,579,150
94$36,715,593$0$0$25,827,249
95$40,224,251$0$0$28,299,708
96$44,083,349$0$0$31,019,258
97$48,328,395$0$0$34,010,941
98$52,998,515$0$0$37,302,349
99$58,136,817$0$0$40,923,883
100$63,790,798$0$0$44,909,039