Can I retire at age 44 with 1,890,000?

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 $1,890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$156,074$154,684$153,328$152,004$150,711$145,191
2 years$77,265$75,826$74,431$73,079$71,767$66,267
3 years$50,998$49,553$48,162$46,822$45,532$40,225
4 years$37,867$36,427$35,049$33,733$32,474$27,400
5 years$29,991$28,559$27,200$25,910$24,686$19,859
6 years$24,742$23,320$21,981$20,720$19,533$14,957
7 years$20,994$19,585$18,267$17,035$15,886$11,558
8 years$18,184$16,788$15,492$14,291$13,179$9,097
9 years$16,000$14,617$13,343$12,172$11,098$7,256
10 years$14,254$12,884$11,633$10,493$9,456$5,847
11 years$12,826$11,470$10,241$9,132$8,133$4,749
12 years$11,637$10,295$9,089$8,010$7,048$3,881
13 years$10,632$9,303$8,120$7,071$6,146$3,187
14 years$9,771$8,456$7,296$6,277$5,387$2,627
15 years$9,025$7,725$6,587$5,598$4,743$2,173
16 years$8,373$7,088$5,972$5,013$4,192$1,802
17 years$7,799$6,527$5,435$4,504$3,717$1,497
18 years$7,289$6,032$4,961$4,059$3,305$1,246
19 years$6,833$5,590$4,542$3,667$2,946$1,039
20 years$6,424$5,195$4,168$3,322$2,631$867
21 years$6,053$4,839$3,834$3,015$2,355$724
22 years$5,717$4,517$3,534$2,741$2,111$606
23 years$5,411$4,224$3,263$2,496$1,895$507
24 years$5,130$3,958$3,017$2,277$1,703$424
25 years$4,873$3,714$2,795$2,079$1,532$355
26 years$4,635$3,491$2,592$1,901$1,380$298
27 years$4,416$3,285$2,407$1,740$1,245$250
28 years$4,212$3,096$2,237$1,594$1,123$209
29 years$4,023$2,920$2,082$1,462$1,014$175
30 years$3,847$2,758$1,939$1,342$916$147
31 years$3,683$2,607$1,808$1,232$828$123
32 years$3,529$2,467$1,687$1,133$749$104
33 years$3,385$2,336$1,575$1,041$678$87
34 years$3,249$2,214$1,472$958$614$73
35 years$3,122$2,100$1,376$882$556$61
36 years$3,002$1,993$1,287$812$504$51
37 years$2,888$1,893$1,205$749$457$43
38 years$2,781$1,799$1,128$690$414$36
39 years$2,680$1,711$1,057$636$375$30
40 years$2,584$1,628$991$587$341$26
41 years$2,493$1,550$929$541$309$21
42 years$2,406$1,476$871$500$280$18
43 years$2,324$1,406$818$461$254$15
44 years$2,246$1,340$768$426$231$13
45 years$2,171$1,278$721$393$210$11
46 years$2,100$1,219$677$363$190$9
47 years$2,032$1,164$636$336$173$8
48 years$1,967$1,111$598$310$157$6
49 years$1,905$1,061$562$287$143$5
50 years$1,845$1,013$528$265$129$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,890,000, adding $4,822 every year, while hoping to spend $42,953 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: 88/7/5 Blend
43$1,890,000$1,890,000$1,890,000$1,890,000
44$2,087,754$1,987,584$1,958,289$2,271,291
45$2,255,003$2,039,274$1,978,190$2,443,114
46$2,437,872$2,092,057$1,997,318$2,625,454
47$2,637,909$2,145,942$2,015,602$2,824,484
48$2,856,818$2,200,935$2,032,967$3,041,854
49$3,096,475$2,257,043$2,049,333$3,279,380
50$3,358,948$2,314,270$2,064,618$3,539,062
51$3,646,512$2,372,621$2,078,734$3,823,104
52$3,961,673$2,432,096$2,091,589$4,133,931
53$4,307,193$2,492,698$2,103,086$4,474,215
54$4,686,110$2,554,423$2,113,123$4,846,900
55$5,101,774$2,617,270$2,121,593$5,255,227
56$5,557,872$2,681,234$2,128,384$5,702,767
57$6,058,467$2,746,307$2,133,377$6,193,453
58$6,608,035$2,812,480$2,136,449$6,731,618
59$7,211,504$2,879,741$2,137,469$7,322,034
60$7,874,304$2,948,075$2,136,301$7,969,959
61$8,602,418$3,017,465$2,132,802$8,681,187
62$9,402,434$3,087,891$2,126,821$9,462,097
63$10,281,614$3,159,329$2,118,200$10,319,722
64$11,247,953$3,231,751$2,106,775$11,261,806
65$12,310,265$3,305,127$2,092,372$12,296,883
66$13,478,255$3,379,421$2,074,810$13,434,355
67$14,762,619$3,454,595$2,053,898$14,684,581
68$16,175,140$3,530,604$2,029,437$16,058,974
69$17,728,800$3,607,399$2,001,219$17,570,112
70$19,437,903$3,684,927$1,969,026$19,231,848
71$21,318,208$3,763,128$1,932,628$21,059,451
72$23,387,081$3,841,937$1,891,786$23,069,743
73$25,663,652$3,921,281$1,846,250$25,281,260
74$28,169,004$4,001,083$1,795,758$27,714,426
75$30,926,362$4,081,256$1,740,036$30,391,745
76$33,961,320$4,161,707$1,678,797$33,338,015
77$37,302,080$4,242,335$1,611,741$36,580,562
78$40,979,712$4,323,030$1,538,555$40,149,496
79$45,028,457$4,403,673$1,458,911$44,077,993
80$49,486,042$4,484,135$1,372,467$48,402,614
81$54,394,038$4,564,277$1,278,864$53,163,644
82$59,798,253$4,643,950$1,177,729$58,405,477
83$65,749,162$4,722,991$1,068,670$64,177,029
84$72,302,386$4,801,227$951,280$70,532,206
85$79,519,214$4,878,471$825,132$77,530,408
86$87,467,180$4,954,522$689,780$85,237,090
87$96,220,704$5,029,166$544,760$93,724,382
88$105,861,792$5,102,171$389,586$103,071,768
89$116,480,808$5,173,291$223,750$113,366,836
90$128,177,329$5,242,260$46,724$124,706,105
91$141,061,083$5,308,797$0$137,195,936
92$155,252,983$5,372,598$0$150,961,123
93$170,886,274$5,433,342$0$166,126,390
94$188,107,780$5,490,682$0$182,831,604
95$207,079,301$5,544,252$0$201,233,643
96$227,979,128$5,593,660$0$221,505,382
97$251,003,738$5,638,487$0$243,837,321
98$276,369,635$5,678,289$0$268,439,388
99$304,315,405$5,712,593$0$295,542,918
100$335,103,959$5,740,893$0$325,402,837