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%14.2%
1 years$76,386$75,705$75,041$74,393$73,761$72,479
2 years$37,815$37,110$36,428$35,766$35,124$33,837
3 years$24,959$24,252$23,571$22,916$22,284$21,032
4 years$18,533$17,828$17,154$16,509$15,893$14,685
5 years$14,678$13,977$13,312$12,681$12,082$10,922
6 years$12,109$11,413$10,758$10,141$9,560$8,449
7 years$10,275$9,585$8,940$8,337$7,775$6,713
8 years$8,900$8,216$7,582$6,994$6,450$5,437
9 years$7,831$7,154$6,530$5,957$5,432$4,468
10 years$6,976$6,306$5,693$5,135$4,628$3,712
11 years$6,277$5,613$5,012$4,469$3,980$3,111
12 years$5,695$5,038$4,448$3,920$3,449$2,625
13 years$5,203$4,553$3,974$3,461$3,008$2,228
14 years$4,782$4,139$3,571$3,072$2,637$1,900
15 years$4,417$3,781$3,224$2,740$2,322$1,626
16 years$4,098$3,469$2,923$2,453$2,052$1,397
17 years$3,817$3,195$2,660$2,204$1,819$1,203
18 years$3,567$2,952$2,428$1,986$1,618$1,038
19 years$3,344$2,736$2,223$1,795$1,442$898
20 years$3,144$2,542$2,040$1,626$1,288$778
21 years$2,963$2,368$1,876$1,475$1,152$675
22 years$2,798$2,211$1,729$1,341$1,033$586
23 years$2,648$2,067$1,597$1,222$927$510
24 years$2,511$1,937$1,477$1,114$833$443
25 years$2,385$1,818$1,368$1,018$750$386
26 years$2,269$1,708$1,269$930$676$337
27 years$2,161$1,608$1,178$852$609$294
28 years$2,062$1,515$1,095$780$550$256
29 years$1,969$1,429$1,019$716$496$224
30 years$1,883$1,350$949$657$448$195
31 years$1,802$1,276$885$603$405$171
32 years$1,727$1,207$826$554$367$149
33 years$1,657$1,143$771$510$332$130
34 years$1,590$1,084$720$469$300$114
35 years$1,528$1,028$673$432$272$100
36 years$1,469$976$630$398$247$87
37 years$1,414$927$590$366$223$76
38 years$1,361$881$552$338$203$67
39 years$1,312$837$517$311$184$58
40 years$1,265$797$485$287$167$51
41 years$1,220$758$455$265$151$45
42 years$1,178$722$426$245$137$39
43 years$1,137$688$400$226$125$34
44 years$1,099$656$376$208$113$30
45 years$1,062$626$353$192$103$26
46 years$1,028$597$331$178$93$23
47 years$994$569$311$164$85$20
48 years$963$544$292$152$77$18
49 years$932$519$275$140$70$15
50 years$903$496$258$130$63$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $925,000, adding $4,224 every year, while hoping to spend $20,805 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: 46/38/16 Blend
43$925,000$925,000$925,000$925,000
44$1,023,707$974,682$960,345$1,065,959
45$1,105,989$1,000,305$970,380$1,121,421
46$1,195,966$1,026,486$980,054$1,179,118
47$1,294,402$1,053,231$989,333$1,241,263
48$1,402,136$1,080,545$998,181$1,308,279
49$1,520,094$1,108,431$1,006,559$1,380,630
50$1,649,294$1,136,895$1,014,430$1,458,828
51$1,790,858$1,165,939$1,021,749$1,543,435
52$1,946,022$1,195,566$1,028,474$1,635,072
53$2,116,146$1,225,779$1,034,558$1,734,423
54$2,302,729$1,256,579$1,039,952$1,842,238
55$2,507,422$1,287,966$1,044,605$1,959,347
56$2,732,042$1,319,939$1,048,463$2,086,663
57$2,978,593$1,352,499$1,051,469$2,225,190
58$3,249,281$1,385,643$1,053,565$2,376,037
59$3,546,535$1,419,367$1,054,687$2,540,424
60$3,873,033$1,453,667$1,054,770$2,719,695
61$4,231,723$1,488,538$1,053,745$2,915,331
62$4,625,855$1,523,972$1,051,541$3,128,966
63$5,059,006$1,559,960$1,048,082$3,362,396
64$5,535,120$1,596,494$1,043,288$3,617,605
65$6,058,541$1,633,561$1,037,077$3,896,775
66$6,634,054$1,671,147$1,029,361$4,202,313
67$7,266,932$1,709,238$1,020,049$4,536,870
68$7,962,984$1,747,815$1,009,046$4,903,369
69$8,728,611$1,786,860$996,251$5,305,029
70$9,570,863$1,826,351$981,559$5,745,400
71$10,497,511$1,866,262$964,862$6,228,392
72$11,517,115$1,906,567$946,043$6,758,315
73$12,639,109$1,947,236$924,983$7,339,919
74$13,873,883$1,988,236$901,555$7,978,439
75$15,232,891$2,029,531$875,629$8,679,642
76$16,728,749$2,071,082$847,066$9,449,888
77$18,375,361$2,112,845$815,722$10,296,182
78$20,188,047$2,154,773$781,447$11,226,248
79$22,183,686$2,196,815$744,084$12,248,595
80$24,380,878$2,238,915$703,467$13,372,603
81$26,800,120$2,281,014$659,425$14,608,610
82$29,463,994$2,323,046$611,778$15,968,008
83$32,397,387$2,364,940$560,339$17,463,354
84$35,627,720$2,406,622$504,910$19,108,484
85$39,185,210$2,448,009$445,286$20,918,651
86$43,103,153$2,489,013$381,255$22,910,662
87$47,418,239$2,529,539$312,591$25,103,042
88$52,170,898$2,569,485$239,062$27,516,207
89$57,405,683$2,608,743$160,424$30,172,657
90$63,171,686$2,647,196$76,422$33,097,190
91$69,523,007$2,684,717$0$36,317,137
92$76,519,258$2,721,172$0$39,864,873
93$84,226,131$2,756,419$0$43,785,409
94$92,716,016$2,790,302$0$48,102,316
95$102,068,681$2,822,659$0$52,855,966
96$112,372,031$2,853,314$0$58,090,849
97$123,722,932$2,882,079$0$63,855,993
98$136,228,126$2,908,756$0$70,205,430
99$150,005,242$2,933,132$0$77,198,702
100$165,183,901$2,954,981$0$84,901,426