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%17.8%
1 years$76,386$75,705$75,041$74,393$73,761$71,428
2 years$37,815$37,110$36,428$35,766$35,124$32,795
3 years$24,959$24,252$23,571$22,916$22,284$20,032
4 years$18,533$17,828$17,154$16,509$15,893$13,735
5 years$14,678$13,977$13,312$12,681$12,082$10,024
6 years$12,109$11,413$10,758$10,141$9,560$7,603
7 years$10,275$9,585$8,940$8,337$7,775$5,919
8 years$8,900$8,216$7,582$6,994$6,450$4,695
9 years$7,831$7,154$6,530$5,957$5,432$3,775
10 years$6,976$6,306$5,693$5,135$4,628$3,067
11 years$6,277$5,613$5,012$4,469$3,980$2,512
12 years$5,695$5,038$4,448$3,920$3,449$2,070
13 years$5,203$4,553$3,974$3,461$3,008$1,715
14 years$4,782$4,139$3,571$3,072$2,637$1,427
15 years$4,417$3,781$3,224$2,740$2,322$1,191
16 years$4,098$3,469$2,923$2,453$2,052$997
17 years$3,817$3,195$2,660$2,204$1,819$837
18 years$3,567$2,952$2,428$1,986$1,618$703
19 years$3,344$2,736$2,223$1,795$1,442$592
20 years$3,144$2,542$2,040$1,626$1,288$499
21 years$2,963$2,368$1,876$1,475$1,152$421
22 years$2,798$2,211$1,729$1,341$1,033$356
23 years$2,648$2,067$1,597$1,222$927$301
24 years$2,511$1,937$1,477$1,114$833$254
25 years$2,385$1,818$1,368$1,018$750$215
26 years$2,269$1,708$1,269$930$676$182
27 years$2,161$1,608$1,178$852$609$154
28 years$2,062$1,515$1,095$780$550$131
29 years$1,969$1,429$1,019$716$496$111
30 years$1,883$1,350$949$657$448$94
31 years$1,802$1,276$885$603$405$80
32 years$1,727$1,207$826$554$367$68
33 years$1,657$1,143$771$510$332$57
34 years$1,590$1,084$720$469$300$49
35 years$1,528$1,028$673$432$272$41
36 years$1,469$976$630$398$247$35
37 years$1,414$927$590$366$223$30
38 years$1,361$881$552$338$203$25
39 years$1,312$837$517$311$184$21
40 years$1,265$797$485$287$167$18
41 years$1,220$758$455$265$151$15
42 years$1,178$722$426$245$137$13
43 years$1,137$688$400$226$125$11
44 years$1,099$656$376$208$113$9
45 years$1,062$626$353$192$103$8
46 years$1,028$597$331$178$93$7
47 years$994$569$311$164$85$6
48 years$963$544$292$152$77$5
49 years$932$519$275$140$70$4
50 years$903$496$258$130$63$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $925,000, adding $3,814 every year, while hoping to spend $44,739 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: 56/39/5 Blend
43$925,000$925,000$925,000$925,000
44$1,023,284$974,259$959,922$1,079,366
45$1,080,057$974,396$944,477$1,117,674
46$1,141,122$973,040$927,016$1,154,018
47$1,206,868$970,071$907,423$1,192,485
48$1,277,725$965,361$885,578$1,233,281
49$1,354,164$958,774$861,355$1,276,634
50$1,436,702$950,167$834,624$1,322,800
51$1,525,908$939,388$805,246$1,372,059
52$1,622,406$926,274$773,078$1,424,724
53$1,726,885$910,655$737,969$1,481,140
54$1,840,099$892,348$699,763$1,541,693
55$1,962,878$871,162$658,294$1,606,807
56$2,096,136$846,894$613,391$1,676,953
57$2,240,877$819,327$564,875$1,752,655
58$2,398,206$788,234$512,559$1,834,492
59$2,569,339$753,373$456,245$1,923,104
60$2,755,613$714,490$395,730$2,019,203
61$2,958,499$671,313$330,801$2,123,575
62$3,179,616$623,558$261,233$2,237,091
63$3,420,747$570,922$186,794$2,360,715
64$3,683,853$513,087$107,242$2,495,515
65$3,971,092$449,715$22,321$2,642,672
66$4,284,842$380,449$0$2,803,494
67$4,627,718$304,913$0$2,983,071
68$5,002,601$222,710$0$3,180,866
69$5,412,662$133,418$0$3,397,473
70$5,861,393$36,595$0$3,634,866
71$6,352,639$0$0$3,895,224
72$6,890,633$0$0$4,210,240
73$7,480,038$0$0$4,572,648
74$8,125,990$0$0$4,969,909
75$8,834,142$0$0$5,405,513
76$9,610,724$0$0$5,883,301
77$10,462,596$0$0$6,407,507
78$11,397,313$0$0$6,982,791
79$12,423,199$0$0$7,614,288
80$13,549,420$0$0$8,307,654
81$14,786,077$0$0$9,069,119
82$16,144,293$0$0$9,905,548
83$17,636,324$0$0$10,824,501
84$19,275,668$0$0$11,834,308
85$21,077,200$0$0$12,944,145
86$23,057,304$0$0$14,164,121
87$25,234,030$0$0$15,505,375
88$27,627,266$0$0$16,980,177
89$30,258,922$0$0$18,602,046
90$33,153,138$0$0$20,385,877
91$36,336,510$0$0$22,348,082
92$39,838,341$0$0$24,506,740
93$43,690,917$0$0$26,881,776
94$47,929,811$0$0$29,495,138
95$52,594,219$0$0$32,371,014
96$57,727,327$0$0$35,536,050
97$63,376,720$0$0$39,019,612
98$69,594,828$0$0$42,854,051
99$76,439,425$0$0$47,075,017
100$83,974,167$0$0$51,721,793