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%14.4%
1 years$74,321$73,659$73,013$72,383$71,767$70,462
2 years$36,793$36,107$35,443$34,799$34,175$32,865
3 years$24,285$23,597$22,934$22,296$21,682$20,408
4 years$18,032$17,346$16,690$16,063$15,464$14,235
5 years$14,281$13,599$12,952$12,338$11,755$10,576
6 years$11,782$11,105$10,467$9,867$9,302$8,172
7 years$9,997$9,326$8,698$8,112$7,565$6,486
8 years$8,659$7,994$7,377$6,805$6,276$5,247
9 years$7,619$6,960$6,354$5,796$5,285$4,307
10 years$6,787$6,135$5,539$4,997$4,503$3,574
11 years$6,108$5,462$4,877$4,348$3,873$2,991
12 years$5,541$4,902$4,328$3,814$3,356$2,521
13 years$5,063$4,430$3,867$3,367$2,927$2,137
14 years$4,653$4,027$3,474$2,989$2,565$1,820
15 years$4,298$3,679$3,137$2,666$2,259$1,556
16 years$3,987$3,375$2,844$2,387$1,996$1,334
17 years$3,714$3,108$2,588$2,145$1,770$1,147
18 years$3,471$2,872$2,362$1,933$1,574$989
19 years$3,254$2,662$2,163$1,746$1,403$854
20 years$3,059$2,474$1,985$1,582$1,253$738
21 years$2,883$2,304$1,826$1,436$1,121$640
22 years$2,722$2,151$1,683$1,305$1,005$555
23 years$2,577$2,012$1,554$1,189$902$482
24 years$2,443$1,885$1,437$1,084$811$418
25 years$2,320$1,769$1,331$990$730$364
26 years$2,207$1,662$1,234$905$657$317
27 years$2,103$1,564$1,146$829$593$276
28 years$2,006$1,474$1,065$759$535$240
29 years$1,916$1,391$991$696$483$209
30 years$1,832$1,313$924$639$436$183
31 years$1,754$1,242$861$587$394$159
32 years$1,680$1,175$803$539$357$139
33 years$1,612$1,113$750$496$323$121
34 years$1,547$1,054$701$456$292$106
35 years$1,487$1,000$655$420$265$92
36 years$1,429$949$613$387$240$81
37 years$1,375$902$574$356$217$70
38 years$1,324$857$537$329$197$61
39 years$1,276$815$503$303$179$54
40 years$1,230$775$472$279$162$47
41 years$1,187$738$442$258$147$41
42 years$1,146$703$415$238$133$36
43 years$1,107$670$389$220$121$31
44 years$1,069$638$366$203$110$27
45 years$1,034$609$343$187$100$24
46 years$1,000$581$322$173$91$21
47 years$968$554$303$160$82$18
48 years$937$529$285$148$75$16
49 years$907$505$267$136$68$14
50 years$879$482$251$126$62$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $900,000, adding $3,200 every year, while hoping to spend $40,123 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: 65/30/5 Blend
43$900,000$900,000$900,000$900,000
44$995,101$947,401$933,451$1,058,901
45$1,053,911$951,133$922,031$1,105,413
46$1,117,374$953,703$908,884$1,151,113
47$1,185,924$955,012$893,909$1,199,968
48$1,260,035$954,954$877,001$1,252,280
49$1,340,229$953,418$858,052$1,308,382
50$1,427,081$950,284$836,945$1,368,643
51$1,521,222$945,426$813,561$1,433,469
52$1,623,345$938,711$787,774$1,503,307
53$1,734,213$929,995$759,452$1,578,655
54$1,854,667$919,129$728,458$1,660,057
55$1,985,630$905,953$694,647$1,748,119
56$2,128,117$890,297$657,871$1,843,506
57$2,283,246$871,983$617,971$1,946,956
58$2,452,247$850,820$574,783$2,059,282
59$2,636,474$826,608$528,136$2,181,380
60$2,837,416$799,133$477,850$2,314,241
61$3,056,713$768,171$423,738$2,458,961
62$3,296,169$733,483$365,605$2,616,746
63$3,557,772$694,817$303,246$2,788,929
64$3,843,708$651,906$236,448$2,976,984
65$4,156,385$604,469$164,988$3,182,533
66$4,498,455$552,206$88,634$3,407,372
67$4,872,836$494,804$7,142$3,653,479
68$5,282,744$431,928$0$3,923,039
69$5,731,718$363,227$0$4,222,723
70$6,223,657$288,328$0$4,551,616
71$6,762,854$206,840$0$4,912,289
72$7,354,037$118,347$0$5,307,998
73$8,002,414$22,411$0$5,742,336
74$8,713,720$0$0$6,219,265
75$9,494,275$0$0$6,770,040
76$10,351,036$0$0$7,382,770
77$11,291,669$0$0$8,055,548
78$12,324,619$0$0$8,794,421
79$13,459,188$0$0$9,606,051
80$14,705,623$0$0$10,497,778
81$16,075,213$0$0$11,477,685
82$17,580,393$0$0$12,554,681
83$19,234,866$0$0$13,738,578
84$21,053,725$0$0$15,040,186
85$23,053,600$0$0$16,471,418
86$25,252,812$0$0$18,045,395
87$27,671,549$0$0$19,776,575
88$30,332,049$0$0$21,680,888
89$33,258,817$0$0$23,775,884
90$36,478,852$0$0$26,080,902
91$40,021,902$0$0$28,617,248
92$43,920,741$0$0$31,408,398
93$48,211,486$0$0$34,480,219
94$52,933,927$0$0$37,861,214
95$58,131,911$0$0$41,582,786
96$63,853,749$0$0$45,679,540
97$70,152,675$0$0$50,189,605
98$77,087,345$0$0$55,154,995
99$84,722,393$0$0$60,622,006
100$93,129,038$0$0$66,641,649