Can I retire at age 44 with 900,000?

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 $900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$74,321$73,659$73,013$72,383$71,767$69,442
2 years$36,793$36,107$35,443$34,799$34,175$31,854
3 years$24,285$23,597$22,934$22,296$21,682$19,439
4 years$18,032$17,346$16,690$16,063$15,464$13,315
5 years$14,281$13,599$12,952$12,338$11,755$9,706
6 years$11,782$11,105$10,467$9,867$9,302$7,355
7 years$9,997$9,326$8,698$8,112$7,565$5,719
8 years$8,659$7,994$7,377$6,805$6,276$4,531
9 years$7,619$6,960$6,354$5,796$5,285$3,638
10 years$6,787$6,135$5,539$4,997$4,503$2,952
11 years$6,108$5,462$4,877$4,348$3,873$2,415
12 years$5,541$4,902$4,328$3,814$3,356$1,988
13 years$5,063$4,430$3,867$3,367$2,927$1,645
14 years$4,653$4,027$3,474$2,989$2,565$1,366
15 years$4,298$3,679$3,137$2,666$2,259$1,139
16 years$3,987$3,375$2,844$2,387$1,996$952
17 years$3,714$3,108$2,588$2,145$1,770$798
18 years$3,471$2,872$2,362$1,933$1,574$669
19 years$3,254$2,662$2,163$1,746$1,403$563
20 years$3,059$2,474$1,985$1,582$1,253$474
21 years$2,883$2,304$1,826$1,436$1,121$399
22 years$2,722$2,151$1,683$1,305$1,005$337
23 years$2,577$2,012$1,554$1,189$902$284
24 years$2,443$1,885$1,437$1,084$811$240
25 years$2,320$1,769$1,331$990$730$203
26 years$2,207$1,662$1,234$905$657$171
27 years$2,103$1,564$1,146$829$593$145
28 years$2,006$1,474$1,065$759$535$123
29 years$1,916$1,391$991$696$483$104
30 years$1,832$1,313$924$639$436$88
31 years$1,754$1,242$861$587$394$74
32 years$1,680$1,175$803$539$357$63
33 years$1,612$1,113$750$496$323$53
34 years$1,547$1,054$701$456$292$45
35 years$1,487$1,000$655$420$265$38
36 years$1,429$949$613$387$240$32
37 years$1,375$902$574$356$217$27
38 years$1,324$857$537$329$197$23
39 years$1,276$815$503$303$179$20
40 years$1,230$775$472$279$162$17
41 years$1,187$738$442$258$147$14
42 years$1,146$703$415$238$133$12
43 years$1,107$670$389$220$121$10
44 years$1,069$638$366$203$110$9
45 years$1,034$609$343$187$100$7
46 years$1,000$581$322$173$91$6
47 years$968$554$303$160$82$5
48 years$937$529$285$148$75$4
49 years$907$505$267$136$68$4
50 years$879$482$251$126$62$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $900,000, adding $5,317 every year, while hoping to spend $26,934 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: 61/10/29 Blend
43$900,000$900,000$900,000$900,000
44$997,284$949,584$935,634$1,050,008
45$1,070,350$967,457$938,321$1,104,428
46$1,149,965$985,302$940,194$1,160,449
47$1,236,770$1,003,090$941,199$1,221,040
48$1,331,469$1,020,790$941,277$1,286,653
49$1,434,836$1,038,366$940,368$1,357,785
50$1,547,725$1,055,781$938,405$1,434,988
51$1,671,074$1,072,995$935,323$1,518,869
52$1,805,918$1,089,966$931,050$1,610,097
53$1,953,394$1,106,647$925,513$1,709,410
54$2,114,755$1,122,988$918,633$1,817,621
55$2,291,382$1,138,936$910,329$1,935,629
56$2,484,794$1,154,435$900,517$2,064,424
57$2,696,665$1,169,424$889,105$2,205,097
58$2,928,836$1,183,838$876,002$2,358,853
59$3,183,338$1,197,606$861,109$2,527,019
60$3,462,406$1,210,656$844,323$2,711,059
61$3,768,501$1,222,908$825,537$2,912,587
62$4,104,335$1,234,277$804,640$3,133,385
63$4,472,895$1,244,675$781,513$3,375,415
64$4,877,470$1,254,004$756,034$3,640,842
65$5,321,685$1,262,162$728,073$3,932,052
66$5,809,531$1,269,042$697,498$4,251,679
67$6,345,405$1,274,528$664,167$4,602,623
68$6,934,153$1,278,497$627,933$4,988,085
69$7,581,112$1,280,818$588,643$5,411,593
70$8,292,159$1,281,352$546,137$5,877,036
71$9,073,774$1,279,952$500,247$6,388,702
72$9,933,091$1,276,462$450,797$6,951,321
73$10,877,973$1,270,716$397,606$7,570,105
74$11,917,082$1,262,536$340,481$8,250,801
75$13,059,960$1,251,737$279,224$8,999,744
76$14,317,124$1,238,120$213,625$9,823,922
77$15,700,157$1,221,474$143,468$10,731,032
78$17,221,824$1,201,578$68,526$11,729,566
79$18,896,190$1,178,194$0$12,828,881
80$20,738,749$1,151,074$0$14,042,838
81$22,766,577$1,119,951$0$15,402,123
82$24,998,485$1,084,547$0$16,898,129
83$27,455,205$1,044,564$0$18,544,757
84$30,159,577$999,688$0$20,357,328
85$33,136,768$949,588$0$22,352,726
86$36,414,512$893,911$0$24,549,555
87$40,023,367$832,287$0$26,968,317
88$43,997,003$764,323$0$29,631,606
89$48,372,526$689,602$0$32,564,317
90$53,190,817$607,687$0$35,793,889
91$58,496,930$518,113$0$39,350,556
92$64,340,507$420,391$0$43,267,636
93$70,776,251$314,002$0$47,581,847
94$77,864,441$198,400$0$52,333,652
95$85,671,499$73,007$0$57,567,640
96$94,270,622$0$0$63,332,948
97$103,742,465$0$0$69,690,638
98$114,175,908$0$0$76,702,722
99$125,668,890$0$0$84,427,004
100$138,329,339$0$0$92,936,032