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%12.9%
1 years$156,074$154,684$153,328$152,004$150,711$148,890
2 years$77,265$75,826$74,431$73,079$71,767$69,934
3 years$50,998$49,553$48,162$46,822$45,532$43,744
4 years$37,867$36,427$35,049$33,733$32,474$30,745
5 years$29,991$28,559$27,200$25,910$24,686$23,021
6 years$24,742$23,320$21,981$20,720$19,533$17,935
7 years$20,994$19,585$18,267$17,035$15,886$14,354
8 years$18,184$16,788$15,492$14,291$13,179$11,714
9 years$16,000$14,617$13,343$12,172$11,098$9,699
10 years$14,254$12,884$11,633$10,493$9,456$8,122
11 years$12,826$11,470$10,241$9,132$8,133$6,863
12 years$11,637$10,295$9,089$8,010$7,048$5,840
13 years$10,632$9,303$8,120$7,071$6,146$4,999
14 years$9,771$8,456$7,296$6,277$5,387$4,300
15 years$9,025$7,725$6,587$5,598$4,743$3,714
16 years$8,373$7,088$5,972$5,013$4,192$3,218
17 years$7,799$6,527$5,435$4,504$3,717$2,797
18 years$7,289$6,032$4,961$4,059$3,305$2,437
19 years$6,833$5,590$4,542$3,667$2,946$2,128
20 years$6,424$5,195$4,168$3,322$2,631$1,861
21 years$6,053$4,839$3,834$3,015$2,355$1,630
22 years$5,717$4,517$3,534$2,741$2,111$1,430
23 years$5,411$4,224$3,263$2,496$1,895$1,256
24 years$5,130$3,958$3,017$2,277$1,703$1,104
25 years$4,873$3,714$2,795$2,079$1,532$972
26 years$4,635$3,491$2,592$1,901$1,380$856
27 years$4,416$3,285$2,407$1,740$1,245$754
28 years$4,212$3,096$2,237$1,594$1,123$665
29 years$4,023$2,920$2,082$1,462$1,014$587
30 years$3,847$2,758$1,939$1,342$916$518
31 years$3,683$2,607$1,808$1,232$828$457
32 years$3,529$2,467$1,687$1,133$749$404
33 years$3,385$2,336$1,575$1,041$678$357
34 years$3,249$2,214$1,472$958$614$315
35 years$3,122$2,100$1,376$882$556$279
36 years$3,002$1,993$1,287$812$504$247
37 years$2,888$1,893$1,205$749$457$218
38 years$2,781$1,799$1,128$690$414$193
39 years$2,680$1,711$1,057$636$375$171
40 years$2,584$1,628$991$587$341$151
41 years$2,493$1,550$929$541$309$134
42 years$2,406$1,476$871$500$280$118
43 years$2,324$1,406$818$461$254$105
44 years$2,246$1,340$768$426$231$93
45 years$2,171$1,278$721$393$210$82
46 years$2,100$1,219$677$363$190$73
47 years$2,032$1,164$636$336$173$64
48 years$1,967$1,111$598$310$157$57
49 years$1,905$1,061$562$287$143$50
50 years$1,845$1,013$528$265$129$45

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 $4,212 every year, while hoping to spend $31,209 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: 44/40/16 Blend
43$1,890,000$1,890,000$1,890,000$1,890,000
44$2,087,125$1,986,955$1,957,660$2,169,146
45$2,266,805$2,051,109$1,990,035$2,291,165
46$2,463,767$2,117,362$2,022,449$2,419,901
47$2,679,740$2,185,781$2,054,870$2,558,767
48$2,916,630$2,256,440$2,087,264$2,708,713
49$3,176,534$2,329,414$2,119,596$2,870,782
50$3,461,765$2,404,779$2,151,826$3,046,120
51$3,774,867$2,482,616$2,183,915$3,235,989
52$4,118,646$2,563,007$2,215,818$3,441,776
53$4,496,191$2,646,037$2,247,491$3,665,007
54$4,910,905$2,731,795$2,278,884$3,907,363
55$5,366,536$2,820,372$2,309,947$4,170,690
56$5,867,216$2,911,864$2,340,623$4,457,021
57$6,417,494$3,006,367$2,370,856$4,768,596
58$7,022,383$3,103,983$2,400,584$5,107,876
59$7,687,405$3,204,818$2,429,742$5,477,573
60$8,418,645$3,308,978$2,458,263$5,880,671
61$9,222,805$3,416,576$2,486,073$6,320,455
62$10,107,272$3,527,729$2,513,097$6,800,544
63$11,080,182$3,642,556$2,539,255$7,324,919
64$12,150,501$3,761,182$2,564,460$7,897,967
65$13,328,107$3,883,735$2,588,624$8,524,515
66$14,623,884$4,010,348$2,611,653$9,209,882
67$16,049,823$4,141,158$2,633,447$9,959,923
68$17,619,139$4,276,309$2,653,902$10,781,090
69$19,346,391$4,415,948$2,672,907$11,680,484
70$21,247,621$4,560,227$2,690,347$12,665,929
71$23,340,505$4,709,305$2,706,100$13,746,043
72$25,644,520$4,863,344$2,720,038$14,930,317
73$28,181,128$5,022,515$2,732,027$16,229,207
74$30,973,977$5,186,993$2,741,924$17,654,230
75$34,049,126$5,356,959$2,749,582$19,218,072
76$37,435,288$5,532,601$2,754,844$20,934,709
77$41,164,103$5,714,114$2,757,546$22,819,537
78$45,270,435$5,901,699$2,757,517$24,889,518
79$49,792,702$6,095,565$2,754,577$27,163,338
80$54,773,238$6,295,927$2,748,535$29,661,583
81$60,258,691$6,503,011$2,739,194$32,406,934
82$66,300,466$6,717,047$2,726,346$35,424,377
83$72,955,206$6,938,275$2,709,771$38,741,445
84$80,285,331$7,166,945$2,689,243$42,388,468
85$88,359,623$7,403,313$2,664,520$46,398,868
86$97,253,876$7,647,647$2,635,353$50,809,465
87$107,051,612$7,900,222$2,601,478$55,660,831
88$117,844,870$8,161,326$2,562,621$60,997,668
89$129,735,070$8,431,254$2,518,492$66,869,230
90$142,833,976$8,710,315$2,468,791$73,329,789
91$157,264,748$8,998,827$2,413,201$80,439,144
92$173,163,102$9,297,119$2,351,393$88,263,185
93$190,678,595$9,605,534$2,283,021$96,874,516
94$209,976,033$9,924,427$2,207,724$106,353,138
95$231,237,029$10,254,164$2,125,123$116,787,202
96$254,661,714$10,595,127$2,034,823$128,273,844
97$280,470,631$10,947,710$1,936,412$140,920,097
98$308,906,809$11,312,322$1,829,456$154,843,903
99$340,238,066$11,689,388$1,713,505$170,175,224
100$374,759,528$12,079,347$1,588,086$187,057,268