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

Use the below retirement simulation to view the chances of a successful retirement.
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%12.9%
1 years$147,817$146,500$145,215$143,961$142,737$141,012
2 years$73,176$71,814$70,493$69,212$67,970$66,234
3 years$48,300$46,931$45,614$44,345$43,123$41,430
4 years$35,864$34,499$33,195$31,948$30,756$29,118
5 years$28,404$27,048$25,761$24,539$23,380$21,803
6 years$23,433$22,087$20,818$19,624$18,500$16,986
7 years$19,883$18,548$17,300$16,134$15,045$13,595
8 years$17,222$15,899$14,672$13,534$12,482$11,094
9 years$15,153$13,843$12,637$11,528$10,511$9,186
10 years$13,500$12,202$11,017$9,938$8,956$7,693
11 years$12,147$10,863$9,699$8,649$7,703$6,500
12 years$11,021$9,750$8,608$7,586$6,675$5,531
13 years$10,069$8,811$7,691$6,697$5,821$4,735
14 years$9,254$8,009$6,910$5,945$5,102$4,073
15 years$8,548$7,316$6,239$5,302$4,492$3,517
16 years$7,930$6,713$5,656$4,747$3,970$3,048
17 years$7,386$6,182$5,147$4,265$3,520$2,649
18 years$6,903$5,713$4,699$3,844$3,130$2,308
19 years$6,472$5,294$4,301$3,473$2,790$2,015
20 years$6,084$4,920$3,948$3,146$2,492$1,763
21 years$5,733$4,583$3,631$2,855$2,230$1,544
22 years$5,415$4,278$3,347$2,596$1,999$1,354
23 years$5,125$4,001$3,090$2,364$1,794$1,190
24 years$4,859$3,748$2,858$2,156$1,613$1,046
25 years$4,615$3,518$2,647$1,969$1,451$920
26 years$4,390$3,306$2,455$1,801$1,307$810
27 years$4,182$3,111$2,279$1,648$1,179$714
28 years$3,990$2,932$2,119$1,510$1,064$630
29 years$3,810$2,766$1,972$1,385$960$556
30 years$3,644$2,612$1,837$1,271$868$490
31 years$3,488$2,469$1,712$1,167$785$433
32 years$3,342$2,336$1,598$1,073$710$383
33 years$3,206$2,213$1,492$986$642$338
34 years$3,077$2,097$1,394$908$581$299
35 years$2,957$1,989$1,303$835$527$264
36 years$2,843$1,888$1,219$769$477$234
37 years$2,736$1,793$1,141$709$432$207
38 years$2,634$1,704$1,069$653$392$183
39 years$2,538$1,620$1,001$602$356$162
40 years$2,447$1,542$938$556$323$143
41 years$2,361$1,468$880$513$293$127
42 years$2,279$1,398$825$473$265$112
43 years$2,201$1,332$774$437$241$99
44 years$2,127$1,269$727$403$219$88
45 years$2,056$1,210$683$372$199$78
46 years$1,989$1,155$641$344$180$69
47 years$1,924$1,102$602$318$164$61
48 years$1,863$1,052$566$294$149$54
49 years$1,804$1,005$532$271$135$48
50 years$1,748$960$500$251$123$42

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 $5,096 every year, while hoping to spend $54,925 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: 44/42/14 Blend
43$1,790,000$1,790,000$1,790,000$1,790,000
44$1,977,837$1,882,967$1,855,222$2,056,674
45$2,121,136$1,916,792$1,858,932$2,146,065
46$2,277,211$1,950,434$1,860,925$2,236,983
47$2,447,307$1,983,826$1,861,087$2,334,327
48$2,632,795$2,016,895$1,859,295$2,438,714
49$2,835,181$2,049,565$1,855,423$2,550,822
50$3,056,127$2,081,751$1,849,337$2,671,401
51$3,297,460$2,113,365$1,840,898$2,801,276
52$3,561,192$2,144,310$1,829,959$2,941,361
53$3,849,537$2,174,485$1,816,365$3,092,662
54$4,164,933$2,203,779$1,799,958$3,256,289
55$4,510,067$2,232,074$1,780,567$3,433,469
56$4,887,894$2,259,246$1,758,016$3,625,555
57$5,301,671$2,285,160$1,732,121$3,834,038
58$5,754,981$2,309,673$1,702,687$4,060,568
59$6,251,774$2,332,633$1,669,512$4,306,962
60$6,796,399$2,353,875$1,632,384$4,575,226
61$7,393,644$2,373,227$1,591,081$4,867,573
62$8,048,784$2,390,504$1,545,371$5,186,448
63$8,767,629$2,405,508$1,495,011$5,534,544
64$9,556,580$2,418,031$1,439,746$5,914,838
65$10,422,686$2,427,848$1,379,312$6,330,609
66$11,373,711$2,434,724$1,313,430$6,785,479
67$12,418,209$2,438,406$1,241,810$7,283,442
68$13,565,605$2,438,626$1,164,149$7,828,907
69$14,826,278$2,435,100$1,080,130$8,426,736
70$16,211,665$2,427,527$989,421$9,082,293
71$17,734,365$2,415,585$891,676$9,801,496
72$19,408,256$2,398,935$786,533$10,590,873
73$21,248,632$2,377,216$673,615$11,457,625
74$23,272,338$2,350,046$552,528$12,409,697
75$25,497,938$2,317,020$422,859$13,455,851
76$27,945,882$2,277,707$284,179$14,605,752
77$30,638,701$2,231,654$136,038$15,870,059
78$33,601,221$2,178,378$0$17,260,530
79$36,860,796$2,117,369$0$18,793,429
80$40,447,563$2,048,086$0$20,501,662
81$44,394,730$1,969,957$0$22,380,736
82$48,738,885$1,882,378$0$24,448,126
83$53,520,345$1,784,708$0$26,723,096
84$58,783,532$1,676,271$0$29,226,889
85$64,577,394$1,556,349$0$31,982,921
86$70,955,864$1,424,187$0$35,017,012
87$77,978,373$1,278,983$0$38,357,622
88$85,710,406$1,119,892$0$42,036,133
89$94,224,121$946,020$0$46,087,138
90$103,599,029$756,423$0$50,548,774
91$113,922,745$550,103$0$55,463,083
92$125,291,814$326,006$0$60,876,413
93$137,812,619$83,021$0$66,839,858
94$151,602,390$0$0$73,409,740
95$166,790,303$0$0$80,731,351
96$183,518,704$0$0$88,838,147
97$201,944,449$0$0$97,767,811
98$222,240,386$0$0$107,604,147
99$244,596,982$0$0$118,439,507
100$269,224,126$0$0$130,375,655