Can I retire at age 44 with 1,880,000?

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 $1,880,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$155,249$153,866$152,517$151,200$149,914$144,365
2 years$76,856$75,424$74,037$72,692$71,388$65,860
3 years$50,728$49,291$47,907$46,575$45,291$39,959
4 years$37,667$36,234$34,864$33,554$32,302$27,205
5 years$29,832$28,408$27,056$25,773$24,556$19,708
6 years$24,611$23,197$21,865$20,611$19,430$14,834
7 years$20,883$19,481$18,170$16,945$15,802$11,457
8 years$18,088$16,699$15,410$14,215$13,109$9,012
9 years$15,915$14,539$13,272$12,108$11,040$7,184
10 years$14,178$12,816$11,571$10,437$9,406$5,785
11 years$12,758$11,409$10,187$9,084$8,090$4,696
12 years$11,575$10,240$9,041$7,967$7,010$3,835
13 years$10,575$9,254$8,077$7,034$6,113$3,147
14 years$9,719$8,412$7,257$6,244$5,359$2,593
15 years$8,977$7,684$6,553$5,569$4,718$2,143
16 years$8,329$7,050$5,941$4,986$4,170$1,775
17 years$7,758$6,493$5,406$4,480$3,697$1,474
18 years$7,250$6,000$4,935$4,037$3,288$1,226
19 years$6,797$5,560$4,518$3,648$2,930$1,021
20 years$6,390$5,167$4,146$3,304$2,617$852
21 years$6,021$4,813$3,814$2,999$2,342$711
22 years$5,687$4,493$3,515$2,726$2,100$594
23 years$5,382$4,202$3,245$2,483$1,885$497
24 years$5,103$3,937$3,001$2,265$1,694$416
25 years$4,847$3,695$2,780$2,068$1,524$348
26 years$4,611$3,472$2,578$1,891$1,373$291
27 years$4,392$3,268$2,394$1,731$1,238$244
28 years$4,190$3,079$2,226$1,586$1,117$204
29 years$4,002$2,905$2,071$1,454$1,009$171
30 years$3,827$2,743$1,929$1,335$911$143
31 years$3,663$2,593$1,799$1,226$824$120
32 years$3,510$2,454$1,678$1,127$745$101
33 years$3,367$2,324$1,567$1,036$675$85
34 years$3,232$2,203$1,464$953$611$71
35 years$3,105$2,089$1,369$877$553$59
36 years$2,986$1,983$1,280$808$501$50
37 years$2,873$1,883$1,198$745$454$42
38 years$2,767$1,790$1,122$686$412$35
39 years$2,666$1,702$1,051$633$373$29
40 years$2,570$1,619$985$584$339$25
41 years$2,480$1,541$924$538$307$21
42 years$2,394$1,468$867$497$279$17
43 years$2,312$1,399$813$459$253$15
44 years$2,234$1,333$764$424$230$12
45 years$2,159$1,271$717$391$209$10
46 years$2,089$1,213$673$361$189$9
47 years$2,021$1,157$633$334$172$7
48 years$1,956$1,105$594$308$156$6
49 years$1,895$1,055$559$285$142$5
50 years$1,836$1,008$525$264$129$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,880,000, adding $4,492 every year, while hoping to spend $37,127 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: 77/16/7 Blend
43$1,880,000$1,880,000$1,880,000$1,880,000
44$2,076,393$1,976,753$1,947,613$2,234,170
45$2,248,683$2,034,112$1,973,356$2,395,770
46$2,437,301$2,093,036$1,998,716$2,567,655
47$2,643,875$2,153,564$2,023,642$2,755,018
48$2,870,196$2,215,734$2,048,080$2,959,380
49$3,118,235$2,279,584$2,071,970$3,182,417
50$3,390,166$2,345,155$2,095,252$3,425,976
51$3,688,381$2,412,486$2,117,861$3,692,089
52$4,015,515$2,481,616$2,139,728$3,982,993
53$4,374,471$2,552,589$2,160,782$4,301,154
54$4,768,445$2,625,444$2,180,946$4,649,285
55$5,200,960$2,700,224$2,200,141$5,030,377
56$5,675,894$2,776,971$2,218,283$5,447,722
57$6,197,522$2,855,729$2,235,281$5,904,947
58$6,770,550$2,936,540$2,251,044$6,406,048
59$7,400,164$3,019,450$2,265,472$6,955,426
60$8,092,079$3,104,500$2,278,463$7,557,928
61$8,852,587$3,191,737$2,289,908$8,218,895
62$9,688,623$3,281,204$2,299,693$8,944,211
63$10,607,827$3,372,948$2,307,696$9,740,356
64$11,618,615$3,467,012$2,313,794$10,614,472
65$12,730,260$3,563,442$2,317,852$11,574,425
66$13,952,979$3,662,283$2,319,733$12,628,882
67$15,298,029$3,763,581$2,319,290$13,787,392
68$16,777,812$3,867,380$2,316,370$15,060,476
69$18,405,993$3,973,727$2,310,813$16,459,726
70$20,197,630$4,082,665$2,302,451$17,997,913
71$22,169,312$4,194,238$2,291,107$19,689,109
72$24,339,318$4,308,493$2,276,595$21,548,820
73$26,727,790$4,425,470$2,258,723$23,594,130
74$29,356,921$4,545,215$2,237,286$25,843,862
75$32,251,164$4,667,768$2,212,073$28,318,760
76$35,437,465$4,793,171$2,182,859$31,041,678
77$38,945,515$4,921,464$2,149,413$34,037,800
78$42,808,028$5,052,686$2,111,489$37,334,876
79$47,061,055$5,186,876$2,068,832$40,963,483
80$51,744,319$5,324,069$2,021,174$44,957,315
81$56,901,591$5,464,300$1,968,235$49,353,501
82$62,581,105$5,607,602$1,909,723$54,192,951
83$68,836,009$5,754,006$1,845,330$59,520,749
84$75,724,869$5,903,540$1,774,736$65,386,572
85$83,312,222$6,056,230$1,697,606$71,845,163
86$91,669,183$6,212,100$1,613,590$78,956,843
87$100,874,117$6,371,169$1,522,322$86,788,086
88$111,013,375$6,533,455$1,423,418$95,412,142
89$122,182,116$6,698,972$1,316,480$104,909,728
90$134,485,198$6,867,727$1,201,088$115,369,793
91$148,038,171$7,039,728$1,076,807$126,890,356
92$162,968,364$7,214,975$943,180$139,579,428
93$179,416,091$7,393,463$799,730$153,556,036
94$197,535,973$7,575,183$645,962$168,951,346
95$217,498,395$7,760,119$481,354$185,909,895
96$239,491,117$7,948,251$305,365$204,590,964
97$263,721,046$8,139,550$117,430$225,170,076
98$290,416,184$8,333,980$0$247,840,653
99$319,827,789$8,531,498$0$272,822,052
100$352,232,735$8,732,053$0$300,352,715