Can I retire at age 44 with 910,000?

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 $910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$75,147$74,478$73,825$73,187$72,565$71,510
2 years$37,201$36,509$35,837$35,186$34,555$33,494
3 years$24,555$23,859$23,189$22,544$21,923$20,890
4 years$18,232$17,539$16,876$16,242$15,636$14,638
5 years$14,440$13,751$13,096$12,475$11,886$10,926
6 years$11,913$11,228$10,584$9,977$9,405$8,484
7 years$10,108$9,430$8,795$8,202$7,649$6,768
8 years$8,755$8,083$7,459$6,881$6,345$5,504
9 years$7,704$7,038$6,424$5,861$5,344$4,541
10 years$6,863$6,203$5,601$5,052$4,553$3,789
11 years$6,175$5,522$4,931$4,397$3,916$3,190
12 years$5,603$4,957$4,376$3,857$3,393$2,704
13 years$5,119$4,479$3,910$3,405$2,959$2,305
14 years$4,704$4,072$3,513$3,022$2,594$1,975
15 years$4,345$3,719$3,172$2,695$2,284$1,699
16 years$4,032$3,413$2,876$2,413$2,019$1,466
17 years$3,755$3,143$2,617$2,168$1,790$1,269
18 years$3,510$2,904$2,389$1,954$1,591$1,101
19 years$3,290$2,692$2,187$1,766$1,418$957
20 years$3,093$2,501$2,007$1,599$1,267$833
21 years$2,915$2,330$1,846$1,451$1,134$727
22 years$2,753$2,175$1,701$1,320$1,016$635
23 years$2,605$2,034$1,571$1,202$912$555
24 years$2,470$1,906$1,453$1,096$820$485
25 years$2,346$1,788$1,346$1,001$738$425
26 years$2,232$1,681$1,248$915$665$373
27 years$2,126$1,582$1,159$838$599$327
28 years$2,028$1,491$1,077$768$541$287
29 years$1,937$1,406$1,003$704$488$252
30 years$1,852$1,328$934$646$441$221
31 years$1,773$1,255$871$593$399$194
32 years$1,699$1,188$812$545$361$171
33 years$1,630$1,125$758$501$326$150
34 years$1,564$1,066$709$461$296$132
35 years$1,503$1,011$662$425$268$116
36 years$1,445$960$620$391$243$102
37 years$1,391$912$580$360$220$90
38 years$1,339$866$543$332$199$79
39 years$1,290$824$509$306$181$70
40 years$1,244$784$477$283$164$61
41 years$1,200$746$447$261$149$54
42 years$1,159$711$420$241$135$48
43 years$1,119$677$394$222$122$42
44 years$1,081$645$370$205$111$37
45 years$1,045$615$347$189$101$32
46 years$1,011$587$326$175$92$29
47 years$978$560$306$162$83$25
48 years$947$535$288$149$76$22
49 years$917$511$270$138$69$20
50 years$888$488$254$128$62$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $910,000, adding $5,586 every year, while hoping to spend $34,589 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: 38/32/30 Blend
43$910,000$910,000$910,000$910,000
44$1,008,582$960,352$946,247$1,037,737
45$1,074,655$970,607$941,144$1,070,011
46$1,146,308$980,205$934,710$1,101,318
47$1,224,074$989,077$926,866$1,134,507
48$1,308,538$997,151$917,525$1,169,771
49$1,400,346$1,004,348$906,599$1,207,326
50$1,500,206$1,010,586$893,994$1,247,414
51$1,608,897$1,015,775$879,613$1,290,300
52$1,727,279$1,019,822$863,355$1,336,281
53$1,856,295$1,022,627$845,111$1,385,686
54$1,996,986$1,024,084$824,770$1,438,880
55$2,150,494$1,024,080$802,216$1,496,267
56$2,318,079$1,022,495$777,325$1,558,298
57$2,501,127$1,019,201$749,969$1,625,469
58$2,701,164$1,014,064$720,015$1,698,333
59$2,919,870$1,006,941$687,323$1,777,503
60$3,159,095$997,678$651,746$1,863,656
61$3,420,874$986,116$613,131$1,957,544
62$3,707,451$972,083$571,319$2,060,000
63$4,021,294$955,399$526,141$2,171,944
64$4,365,124$935,871$477,425$2,294,396
65$4,741,934$913,296$424,986$2,428,488
66$5,155,024$887,460$368,635$2,575,468
67$5,608,025$858,134$308,173$2,736,720
68$6,104,938$825,078$243,392$2,913,773
69$6,650,171$788,036$174,075$3,108,321
70$7,248,577$746,738$99,995$3,322,236
71$7,905,504$700,900$20,916$3,557,588
72$8,626,841$650,219$0$3,816,665
73$9,419,075$594,377$0$4,122,316
74$10,289,355$533,036$0$4,465,485
75$11,245,554$465,839$0$4,842,647
76$12,296,346$392,410$0$5,257,306
77$13,451,286$312,352$0$5,713,330
78$14,720,903$225,242$0$6,214,986
79$16,116,794$130,639$0$6,766,981
80$17,651,739$28,072$0$7,374,507
81$19,339,816$0$0$8,043,295
82$21,196,536$0$0$8,808,872
83$23,238,989$0$0$9,662,047
84$25,486,005$0$0$10,600,818
85$27,958,332$0$0$11,633,870
86$30,678,827$0$0$12,770,775
87$33,672,678$0$0$14,022,077
88$36,967,637$0$0$15,399,395
89$40,594,283$0$0$16,915,532
90$44,586,309$0$0$18,584,596
91$48,980,841$0$0$20,422,129
92$53,818,787$0$0$22,445,261
93$59,145,224$0$0$24,672,865
94$65,009,820$0$0$27,125,738
95$71,467,306$0$0$29,826,795
96$78,577,990$0$0$32,801,288
97$86,408,326$0$0$36,077,043
98$95,031,541$0$0$39,684,720
99$104,528,325$0$0$43,658,106
100$114,987,593$0$0$48,034,433