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%11.1%
1 years$155,249$153,866$152,517$151,200$149,914$149,219
2 years$76,856$75,424$74,037$72,692$71,388$70,687
3 years$50,728$49,291$47,907$46,575$45,291$44,605
4 years$37,667$36,234$34,864$33,554$32,302$31,637
5 years$29,832$28,408$27,056$25,773$24,556$23,913
6 years$24,611$23,197$21,865$20,611$19,430$18,810
7 years$20,883$19,481$18,170$16,945$15,802$15,206
8 years$18,088$16,699$15,410$14,215$13,109$12,537
9 years$15,915$14,539$13,272$12,108$11,040$10,491
10 years$14,178$12,816$11,571$10,437$9,406$8,881
11 years$12,758$11,409$10,187$9,084$8,090$7,587
12 years$11,575$10,240$9,041$7,967$7,010$6,530
13 years$10,575$9,254$8,077$7,034$6,113$5,655
14 years$9,719$8,412$7,257$6,244$5,359$4,922
15 years$8,977$7,684$6,553$5,569$4,718$4,303
16 years$8,329$7,050$5,941$4,986$4,170$3,775
17 years$7,758$6,493$5,406$4,480$3,697$3,322
18 years$7,250$6,000$4,935$4,037$3,288$2,931
19 years$6,797$5,560$4,518$3,648$2,930$2,593
20 years$6,390$5,167$4,146$3,304$2,617$2,298
21 years$6,021$4,813$3,814$2,999$2,342$2,040
22 years$5,687$4,493$3,515$2,726$2,100$1,814
23 years$5,382$4,202$3,245$2,483$1,885$1,615
24 years$5,103$3,937$3,001$2,265$1,694$1,439
25 years$4,847$3,695$2,780$2,068$1,524$1,285
26 years$4,611$3,472$2,578$1,891$1,373$1,147
27 years$4,392$3,268$2,394$1,731$1,238$1,026
28 years$4,190$3,079$2,226$1,586$1,117$917
29 years$4,002$2,905$2,071$1,454$1,009$821
30 years$3,827$2,743$1,929$1,335$911$736
31 years$3,663$2,593$1,799$1,226$824$659
32 years$3,510$2,454$1,678$1,127$745$591
33 years$3,367$2,324$1,567$1,036$675$530
34 years$3,232$2,203$1,464$953$611$476
35 years$3,105$2,089$1,369$877$553$427
36 years$2,986$1,983$1,280$808$501$383
37 years$2,873$1,883$1,198$745$454$344
38 years$2,767$1,790$1,122$686$412$309
39 years$2,666$1,702$1,051$633$373$278
40 years$2,570$1,619$985$584$339$250
41 years$2,480$1,541$924$538$307$224
42 years$2,394$1,468$867$497$279$202
43 years$2,312$1,399$813$459$253$181
44 years$2,234$1,333$764$424$230$163
45 years$2,159$1,271$717$391$209$147
46 years$2,089$1,213$673$361$189$132
47 years$2,021$1,157$633$334$172$118
48 years$1,956$1,105$594$308$156$107
49 years$1,895$1,055$559$285$142$96
50 years$1,836$1,008$525$264$129$86

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 $5,016 every year, while hoping to spend $37,858 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$1,880,000$1,880,000$1,880,000$1,880,000
44$2,076,934$1,977,294$1,948,154$2,162,808
45$2,248,501$2,033,901$1,973,137$2,279,697
46$2,436,298$2,092,012$1,997,687$2,402,210
47$2,641,942$2,151,663$2,021,751$2,534,305
48$2,867,212$2,212,886$2,045,272$2,676,888
49$3,114,067$2,275,717$2,068,188$2,830,958
50$3,384,665$2,340,189$2,090,435$2,997,610
51$3,681,381$2,406,340$2,111,945$3,178,052
52$4,006,835$2,474,203$2,132,648$3,373,615
53$4,363,908$2,543,815$2,152,468$3,585,760
54$4,755,777$2,615,212$2,171,326$3,816,100
55$5,185,939$2,688,430$2,189,138$4,066,408
56$5,658,247$2,763,506$2,205,816$4,338,638
57$6,176,946$2,840,475$2,221,269$4,634,940
58$6,746,712$2,919,375$2,235,398$4,957,684
59$7,372,694$3,000,243$2,248,102$5,309,478
60$8,060,568$3,083,114$2,259,272$5,693,195
61$8,816,585$3,168,025$2,268,797$6,112,000
62$9,647,631$3,255,013$2,276,556$6,569,380
63$10,561,294$3,344,113$2,282,426$7,069,175
64$11,565,934$3,435,363$2,286,274$7,615,614
65$12,670,759$3,528,795$2,287,965$8,213,358
66$13,885,917$3,624,447$2,287,352$8,867,541
67$15,222,588$3,722,352$2,284,286$9,583,818
68$16,693,089$3,822,544$2,278,606$10,368,422
69$18,310,991$3,925,057$2,270,147$11,228,217
70$20,091,249$4,029,921$2,258,734$12,170,768
71$22,050,338$4,137,168$2,244,183$13,204,410
72$24,206,412$4,246,829$2,226,302$14,338,325
73$26,579,474$4,358,932$2,204,891$15,582,631
74$29,191,565$4,473,504$2,179,740$16,948,478
75$32,066,969$4,590,571$2,150,626$18,448,150
76$35,232,448$4,710,157$2,117,320$20,095,185
77$38,717,488$4,832,284$2,079,580$21,904,498
78$42,554,578$4,956,972$2,037,152$23,892,526
79$46,779,520$5,084,240$1,989,772$26,077,381
80$51,431,765$5,214,101$1,937,163$28,479,020
81$56,554,781$5,346,568$1,879,034$31,119,438
82$62,196,470$5,481,651$1,815,083$34,022,869
83$68,409,613$5,619,356$1,744,992$37,216,021
84$75,252,375$5,759,685$1,668,430$40,728,324
85$82,788,844$5,902,637$1,585,050$44,592,208
86$91,089,647$6,048,206$1,494,490$48,843,414
87$100,232,606$6,196,384$1,396,370$53,521,325
88$110,303,479$6,347,154$1,290,296$58,669,343
89$121,396,766$6,500,497$1,175,853$64,335,294
90$133,616,602$6,656,387$1,052,610$70,571,887
91$147,077,739$6,814,793$920,116$77,437,204
92$161,906,627$6,975,676$777,898$84,995,253
93$178,242,611$7,138,992$625,465$93,316,571
94$196,239,242$7,304,688$462,304$102,478,892
95$216,065,730$7,472,703$287,877$112,567,877
96$237,908,538$7,642,969$101,624$123,677,930
97$261,973,142$7,815,407$0$135,913,083
98$288,485,970$7,989,930$0$149,404,565
99$317,696,541$8,166,438$0$164,281,727
100$349,879,817$8,344,823$0$180,666,542