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%18.1%
1 years$156,074$154,684$153,328$152,004$150,711$145,770
2 years$77,265$75,826$74,431$73,079$71,767$66,836
3 years$50,998$49,553$48,162$46,822$45,532$40,766
4 years$37,867$36,427$35,049$33,733$32,474$27,909
5 years$29,991$28,559$27,200$25,910$24,686$20,335
6 years$24,742$23,320$21,981$20,720$19,533$15,400
7 years$20,994$19,585$18,267$17,035$15,886$11,969
8 years$18,184$16,788$15,492$14,291$13,179$9,476
9 years$16,000$14,617$13,343$12,172$11,098$7,605
10 years$14,254$12,884$11,633$10,493$9,456$6,167
11 years$12,826$11,470$10,241$9,132$8,133$5,041
12 years$11,637$10,295$9,089$8,010$7,048$4,147
13 years$10,632$9,303$8,120$7,071$6,146$3,429
14 years$9,771$8,456$7,296$6,277$5,387$2,847
15 years$9,025$7,725$6,587$5,598$4,743$2,371
16 years$8,373$7,088$5,972$5,013$4,192$1,981
17 years$7,799$6,527$5,435$4,504$3,717$1,658
18 years$7,289$6,032$4,961$4,059$3,305$1,390
19 years$6,833$5,590$4,542$3,667$2,946$1,168
20 years$6,424$5,195$4,168$3,322$2,631$982
21 years$6,053$4,839$3,834$3,015$2,355$827
22 years$5,717$4,517$3,534$2,741$2,111$697
23 years$5,411$4,224$3,263$2,496$1,895$588
24 years$5,130$3,958$3,017$2,277$1,703$496
25 years$4,873$3,714$2,795$2,079$1,532$419
26 years$4,635$3,491$2,592$1,901$1,380$354
27 years$4,416$3,285$2,407$1,740$1,245$299
28 years$4,212$3,096$2,237$1,594$1,123$253
29 years$4,023$2,920$2,082$1,462$1,014$214
30 years$3,847$2,758$1,939$1,342$916$181
31 years$3,683$2,607$1,808$1,232$828$153
32 years$3,529$2,467$1,687$1,133$749$129
33 years$3,385$2,336$1,575$1,041$678$109
34 years$3,249$2,214$1,472$958$614$93
35 years$3,122$2,100$1,376$882$556$78
36 years$3,002$1,993$1,287$812$504$66
37 years$2,888$1,893$1,205$749$457$56
38 years$2,781$1,799$1,128$690$414$47
39 years$2,680$1,711$1,057$636$375$40
40 years$2,584$1,628$991$587$341$34
41 years$2,493$1,550$929$541$309$29
42 years$2,406$1,476$871$500$280$24
43 years$2,324$1,406$818$461$254$21
44 years$2,246$1,340$768$426$231$17
45 years$2,171$1,278$721$393$210$15
46 years$2,100$1,219$677$363$190$13
47 years$2,032$1,164$636$336$173$11
48 years$1,967$1,111$598$310$157$9
49 years$1,905$1,061$562$287$143$8
50 years$1,845$1,013$528$265$129$6

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 $3,346 every year, while hoping to spend $33,772 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: 45/28/27 Blend
43$1,890,000$1,890,000$1,890,000$1,890,000
44$2,086,231$1,986,061$1,956,766$2,163,697
45$2,263,094$2,047,445$1,986,385$2,280,402
46$2,456,864$2,110,705$2,015,864$2,403,377
47$2,669,232$2,175,897$2,045,163$2,536,094
48$2,902,057$2,243,079$2,074,239$2,679,481
49$3,157,387$2,312,311$2,103,046$2,834,558
50$3,437,480$2,383,653$2,131,538$3,002,449
51$3,744,821$2,457,170$2,159,662$3,184,392
52$4,082,147$2,532,926$2,187,365$3,381,746
53$4,452,474$2,610,987$2,214,590$3,596,013
54$4,859,123$2,691,423$2,241,276$3,828,843
55$5,305,755$2,774,303$2,267,360$4,082,052
56$5,796,400$2,859,702$2,292,774$4,357,644
57$6,335,498$2,947,692$2,317,447$4,657,821
58$6,927,942$3,038,353$2,341,305$4,985,013
59$7,579,121$3,131,761$2,364,267$5,341,893
60$8,294,973$3,227,999$2,386,252$5,731,406
61$9,082,040$3,327,151$2,407,171$6,156,796
62$9,947,528$3,429,301$2,426,932$6,621,637
63$10,899,379$3,534,540$2,445,437$7,129,866
64$11,946,340$3,642,957$2,462,583$7,685,818
65$13,098,051$3,754,646$2,478,264$8,294,273
66$14,365,131$3,869,703$2,492,365$8,960,492
67$15,759,283$3,988,226$2,504,768$9,690,275
68$17,293,399$4,110,319$2,515,346$10,490,009
69$18,981,684$4,236,083$2,523,970$11,366,735
70$20,839,793$4,365,628$2,530,499$12,328,206
71$22,884,970$4,499,062$2,534,789$13,382,968
72$25,136,221$4,636,500$2,536,688$14,540,435
73$27,614,484$4,778,057$2,536,036$15,810,981
74$30,342,832$4,923,852$2,532,664$17,206,037
75$33,346,689$5,074,010$2,526,397$18,738,196
76$36,654,071$5,228,655$2,517,050$20,421,338
77$40,295,844$5,387,917$2,504,429$22,270,753
78$44,306,025$5,551,930$2,488,332$24,303,293
79$48,722,094$5,720,829$2,468,546$26,537,526
80$53,585,353$5,894,756$2,444,848$28,993,913
81$58,941,314$6,073,853$2,417,005$31,694,998
82$64,840,125$6,258,269$2,384,772$34,665,629
83$71,337,049$6,448,156$2,347,893$37,933,181
84$78,492,981$6,643,669$2,306,101$41,527,824
85$86,375,024$6,844,967$2,259,114$45,482,804
86$95,057,122$7,052,216$2,206,640$49,834,756
87$104,620,758$7,265,584$2,148,371$54,624,050
88$115,155,719$7,485,242$2,083,986$59,895,175
89$126,760,952$7,711,368$2,013,149$65,697,156
90$139,545,488$7,944,144$1,935,509$72,084,018
91$153,629,477$8,183,756$1,850,697$79,115,294
92$169,145,319$8,430,395$1,758,331$86,856,592
93$186,238,913$8,684,257$1,658,007$95,380,209
94$205,071,039$8,945,542$1,549,307$104,765,817
95$225,818,868$9,214,457$1,431,792$115,101,214
96$248,677,639$9,491,211$1,305,003$126,483,154
97$273,862,500$9,776,022$1,168,463$139,018,258
98$301,610,539$10,069,111$1,021,670$152,824,025
99$332,183,020$10,370,704$864,102$168,029,936
100$365,867,853$10,681,034$695,215$184,778,682