Can I retire at age 44 with 1,790,000?

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 $1,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$147,817$146,500$145,215$143,961$142,737$140,315
2 years$73,176$71,814$70,493$69,212$67,970$65,537
3 years$48,300$46,931$45,614$44,345$43,123$40,755
4 years$35,864$34,499$33,195$31,948$30,756$28,471
5 years$28,404$27,048$25,761$24,539$23,380$21,185
6 years$23,433$22,087$20,818$19,624$18,500$16,397
7 years$19,883$18,548$17,300$16,134$15,045$13,036
8 years$17,222$15,899$14,672$13,534$12,482$10,565
9 years$15,153$13,843$12,637$11,528$10,511$8,686
10 years$13,500$12,202$11,017$9,938$8,956$7,221
11 years$12,147$10,863$9,699$8,649$7,703$6,055
12 years$11,021$9,750$8,608$7,586$6,675$5,114
13 years$10,069$8,811$7,691$6,697$5,821$4,343
14 years$9,254$8,009$6,910$5,945$5,102$3,706
15 years$8,548$7,316$6,239$5,302$4,492$3,174
16 years$7,930$6,713$5,656$4,747$3,970$2,728
17 years$7,386$6,182$5,147$4,265$3,520$2,351
18 years$6,903$5,713$4,699$3,844$3,130$2,031
19 years$6,472$5,294$4,301$3,473$2,790$1,757
20 years$6,084$4,920$3,948$3,146$2,492$1,523
21 years$5,733$4,583$3,631$2,855$2,230$1,323
22 years$5,415$4,278$3,347$2,596$1,999$1,150
23 years$5,125$4,001$3,090$2,364$1,794$1,000
24 years$4,859$3,748$2,858$2,156$1,613$871
25 years$4,615$3,518$2,647$1,969$1,451$760
26 years$4,390$3,306$2,455$1,801$1,307$663
27 years$4,182$3,111$2,279$1,648$1,179$578
28 years$3,990$2,932$2,119$1,510$1,064$505
29 years$3,810$2,766$1,972$1,385$960$441
30 years$3,644$2,612$1,837$1,271$868$386
31 years$3,488$2,469$1,712$1,167$785$337
32 years$3,342$2,336$1,598$1,073$710$295
33 years$3,206$2,213$1,492$986$642$258
34 years$3,077$2,097$1,394$908$581$226
35 years$2,957$1,989$1,303$835$527$198
36 years$2,843$1,888$1,219$769$477$173
37 years$2,736$1,793$1,141$709$432$151
38 years$2,634$1,704$1,069$653$392$133
39 years$2,538$1,620$1,001$602$356$116
40 years$2,447$1,542$938$556$323$102
41 years$2,361$1,468$880$513$293$89
42 years$2,279$1,398$825$473$265$78
43 years$2,201$1,332$774$437$241$68
44 years$2,127$1,269$727$403$219$60
45 years$2,056$1,210$683$372$199$52
46 years$1,989$1,155$641$344$180$46
47 years$1,924$1,102$602$318$164$40
48 years$1,863$1,052$566$294$149$35
49 years$1,804$1,005$532$271$135$31
50 years$1,748$960$500$251$123$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,790,000, adding $6,042 every year, while hoping to spend $47,267 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: 52/18/30 Blend
43$1,790,000$1,790,000$1,790,000$1,790,000
44$1,978,812$1,883,942$1,856,197$2,064,730
45$2,130,359$1,925,964$1,868,088$2,167,259
46$2,295,780$1,968,460$1,878,793$2,273,509
47$2,476,440$2,011,405$1,888,223$2,388,184
48$2,673,841$2,054,768$1,896,283$2,512,111
49$2,889,639$2,098,517$1,902,874$2,646,201
50$3,125,654$2,142,617$1,907,893$2,791,459
51$3,383,893$2,187,028$1,911,229$2,948,994
52$3,666,565$2,231,706$1,912,770$3,120,027
53$3,976,100$2,276,606$1,912,394$3,305,906
54$4,315,178$2,321,675$1,909,974$3,508,117
55$4,686,747$2,366,859$1,905,380$3,728,299
56$5,094,057$2,412,096$1,898,471$3,968,258
57$5,540,684$2,457,321$1,889,103$4,229,988
58$6,030,568$2,502,464$1,877,122$4,515,686
59$6,568,049$2,547,449$1,862,369$4,827,775
60$7,157,908$2,592,192$1,844,677$5,168,926
61$7,805,410$2,636,604$1,823,869$5,542,086
62$8,516,355$2,680,591$1,799,762$5,950,505
63$9,297,133$2,724,050$1,772,163$6,397,764
64$10,154,781$2,766,869$1,740,871$6,887,813
65$11,097,054$2,808,931$1,705,676$7,425,007
66$12,132,493$2,850,108$1,666,355$8,014,151
67$13,270,508$2,890,264$1,622,679$8,660,538
68$14,521,466$2,929,253$1,574,405$9,370,007
69$15,896,789$2,966,920$1,521,281$10,148,996
70$17,409,061$3,003,098$1,463,043$11,004,602
71$19,072,144$3,037,609$1,399,414$11,944,651
72$20,901,313$3,070,262$1,330,105$12,977,770
73$22,913,398$3,100,856$1,254,814$14,113,471
74$25,126,940$3,129,174$1,173,226$15,362,241
75$27,562,370$3,154,985$1,085,011$16,735,642
76$30,242,196$3,178,043$989,823$18,246,420
77$33,191,221$3,198,089$887,304$19,908,626
78$36,436,773$3,214,842$777,076$21,737,751
79$40,008,963$3,228,009$658,746$23,750,874
80$43,940,969$3,237,272$531,906$25,966,820
81$48,269,348$3,242,300$396,125$28,406,342
82$53,034,384$3,242,735$250,958$31,092,319
83$58,280,463$3,238,200$95,937$34,049,971
84$64,056,494$3,228,296$0$37,307,097
85$70,416,370$3,212,596$0$40,916,590
86$77,419,476$3,190,649$0$44,924,201
87$85,131,248$3,161,977$0$49,336,596
88$93,623,794$3,126,072$0$54,194,997
89$102,976,567$3,082,396$0$59,544,832
90$113,277,123$3,030,380$0$65,436,164
91$124,621,939$2,969,418$0$71,924,163
92$137,117,329$2,898,871$0$79,069,629
93$150,880,443$2,818,062$0$86,939,565
94$166,040,375$2,726,274$0$95,607,809
95$182,739,378$2,622,747$0$105,155,734
96$201,134,211$2,506,678$0$115,673,014
97$221,397,613$2,377,217$0$127,258,474
98$243,719,934$2,233,466$0$140,021,022
99$268,310,935$2,074,473$0$154,080,676
100$295,401,762$1,899,234$0$169,569,701