Can I retire at age 44 with 925,000?

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 $925,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$76,386$75,705$75,041$74,393$73,761$71,200
2 years$37,815$37,110$36,428$35,766$35,124$32,571
3 years$24,959$24,252$23,571$22,916$22,284$19,819
4 years$18,533$17,828$17,154$16,509$15,893$13,534
5 years$14,678$13,977$13,312$12,681$12,082$9,835
6 years$12,109$11,413$10,758$10,141$9,560$7,428
7 years$10,275$9,585$8,940$8,337$7,775$5,756
8 years$8,900$8,216$7,582$6,994$6,450$4,544
9 years$7,831$7,154$6,530$5,957$5,432$3,636
10 years$6,976$6,306$5,693$5,135$4,628$2,939
11 years$6,277$5,613$5,012$4,469$3,980$2,395
12 years$5,695$5,038$4,448$3,920$3,449$1,963
13 years$5,203$4,553$3,974$3,461$3,008$1,618
14 years$4,782$4,139$3,571$3,072$2,637$1,339
15 years$4,417$3,781$3,224$2,740$2,322$1,111
16 years$4,098$3,469$2,923$2,453$2,052$925
17 years$3,817$3,195$2,660$2,204$1,819$771
18 years$3,567$2,952$2,428$1,986$1,618$644
19 years$3,344$2,736$2,223$1,795$1,442$539
20 years$3,144$2,542$2,040$1,626$1,288$452
21 years$2,963$2,368$1,876$1,475$1,152$379
22 years$2,798$2,211$1,729$1,341$1,033$318
23 years$2,648$2,067$1,597$1,222$927$267
24 years$2,511$1,937$1,477$1,114$833$225
25 years$2,385$1,818$1,368$1,018$750$189
26 years$2,269$1,708$1,269$930$676$159
27 years$2,161$1,608$1,178$852$609$134
28 years$2,062$1,515$1,095$780$550$113
29 years$1,969$1,429$1,019$716$496$95
30 years$1,883$1,350$949$657$448$80
31 years$1,802$1,276$885$603$405$67
32 years$1,727$1,207$826$554$367$57
33 years$1,657$1,143$771$510$332$48
34 years$1,590$1,084$720$469$300$40
35 years$1,528$1,028$673$432$272$34
36 years$1,469$976$630$398$247$29
37 years$1,414$927$590$366$223$24
38 years$1,361$881$552$338$203$20
39 years$1,312$837$517$311$184$17
40 years$1,265$797$485$287$167$14
41 years$1,220$758$455$265$151$12
42 years$1,178$722$426$245$137$10
43 years$1,137$688$400$226$125$9
44 years$1,099$656$376$208$113$7
45 years$1,062$626$353$192$103$6
46 years$1,028$597$331$178$93$5
47 years$994$569$311$164$85$4
48 years$963$544$292$152$77$4
49 years$932$519$275$140$70$3
50 years$903$496$258$130$63$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $925,000, adding $5,076 every year, while hoping to spend $54,639 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: 68/16/16 Blend
43$925,000$925,000$925,000$925,000
44$1,024,586$975,561$961,223$1,090,037
45$1,070,958$965,228$935,289$1,123,996
46$1,120,229$952,557$906,654$1,154,207
47$1,172,637$937,377$875,172$1,185,882
48$1,228,442$919,504$840,686$1,219,158
49$1,287,929$898,746$803,035$1,254,191
50$1,351,410$874,897$762,049$1,291,153
51$1,419,229$847,742$717,552$1,330,234
52$1,491,759$817,050$669,359$1,371,646
53$1,569,411$782,579$617,276$1,415,626
54$1,652,638$744,071$561,101$1,462,434
55$1,741,932$701,256$500,623$1,512,361
56$1,837,838$653,846$435,623$1,565,729
57$1,940,950$601,537$365,868$1,622,896
58$2,051,922$544,008$291,121$1,684,257
59$2,171,473$480,920$211,128$1,750,254
60$2,300,391$411,913$125,629$1,821,373
61$2,439,543$336,608$34,349$1,898,156
62$2,589,881$254,606$0$1,981,201
63$2,752,450$165,483$0$2,081,938
64$2,928,401$68,793$0$2,197,296
65$3,118,998$0$0$2,322,270
66$3,325,631$0$0$2,464,147
67$3,549,827$0$0$2,631,271
68$3,793,269$0$0$2,812,788
69$4,057,805$0$0$3,010,084
70$4,345,468$0$0$3,224,681
71$4,658,497$0$0$3,458,255
72$4,999,353$0$0$3,712,651
73$5,370,745$0$0$3,989,898
74$5,775,656$0$0$4,292,227
75$6,217,366$0$0$4,622,099
76$6,699,486$0$0$4,982,217
77$7,225,994$0$0$5,375,561
78$7,801,265$0$0$5,805,407
79$8,430,118$0$0$6,275,367
80$9,117,857$0$0$6,789,414
81$9,870,323$0$0$7,351,923
82$10,693,947$0$0$7,967,712
83$11,595,813$0$0$8,642,088
84$12,583,717$0$0$9,380,893
85$13,666,250$0$0$10,190,561
86$14,852,869$0$0$11,078,178
87$16,153,992$0$0$12,051,551
88$17,581,092$0$0$13,119,275
89$19,146,808$0$0$14,290,818
90$20,865,059$0$0$15,576,610
91$22,751,178$0$0$16,988,138
92$24,822,054$0$0$18,538,059
93$27,096,293$0$0$20,240,310
94$29,594,389$0$0$22,110,250
95$32,338,920$0$0$24,164,794
96$35,354,760$0$0$26,422,580
97$38,669,310$0$0$28,904,138
98$42,312,757$0$0$31,632,089
99$46,318,359$0$0$34,631,352
100$50,722,759$0$0$37,929,383