Can I retire at age 44 with 1,920,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,920,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$158,552$157,140$155,762$154,417$153,103$147,966
2 years$78,491$77,029$75,612$74,239$72,906$67,781
3 years$51,808$50,339$48,926$47,566$46,255$41,303
4 years$38,468$37,005$35,606$34,268$32,989$28,248
5 years$30,467$29,012$27,632$26,321$25,078$20,560
6 years$25,135$23,691$22,330$21,049$19,843$15,553
7 years$21,327$19,895$18,557$17,306$16,138$12,074
8 years$18,473$17,054$15,738$14,517$13,388$9,548
9 years$16,254$14,849$13,555$12,366$11,275$7,653
10 years$14,480$13,088$11,817$10,659$9,607$6,199
11 years$13,029$11,652$10,404$9,277$8,262$5,060
12 years$11,822$10,458$9,233$8,137$7,160$4,157
13 years$10,800$9,451$8,249$7,184$6,243$3,433
14 years$9,926$8,591$7,412$6,377$5,473$2,846
15 years$9,168$7,848$6,692$5,687$4,819$2,367
16 years$8,506$7,200$6,067$5,092$4,259$1,974
17 years$7,923$6,631$5,521$4,575$3,776$1,650
18 years$7,405$6,127$5,040$4,123$3,358$1,382
19 years$6,942$5,679$4,614$3,726$2,993$1,159
20 years$6,525$5,277$4,234$3,374$2,673$973
21 years$6,149$4,915$3,895$3,062$2,392$818
22 years$5,808$4,588$3,590$2,784$2,144$688
23 years$5,497$4,291$3,314$2,536$1,925$580
24 years$5,212$4,021$3,065$2,313$1,730$488
25 years$4,950$3,773$2,839$2,112$1,557$412
26 years$4,709$3,546$2,633$1,931$1,402$347
27 years$4,486$3,337$2,445$1,768$1,264$293
28 years$4,279$3,145$2,273$1,620$1,141$247
29 years$4,087$2,967$2,115$1,485$1,030$209
30 years$3,908$2,802$1,970$1,363$931$176
31 years$3,741$2,649$1,837$1,252$841$149
32 years$3,585$2,506$1,714$1,151$761$126
33 years$3,438$2,373$1,600$1,058$689$106
34 years$3,301$2,249$1,495$973$624$90
35 years$3,171$2,134$1,398$896$565$76
36 years$3,049$2,025$1,308$825$512$64
37 years$2,934$1,923$1,224$760$464$54
38 years$2,825$1,828$1,146$701$421$46
39 years$2,723$1,738$1,074$646$381$39
40 years$2,625$1,654$1,006$596$346$33
41 years$2,532$1,574$944$550$314$28
42 years$2,444$1,499$885$508$285$23
43 years$2,361$1,428$831$469$258$20
44 years$2,281$1,362$780$433$235$17
45 years$2,205$1,298$732$400$213$14
46 years$2,133$1,239$688$369$193$12
47 years$2,064$1,182$646$341$176$10
48 years$1,998$1,128$607$315$159$9
49 years$1,935$1,078$571$291$145$7
50 years$1,875$1,029$536$269$132$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,920,000, adding $4,374 every year, while hoping to spend $58,320 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: 35/41/24 Blend
43$1,920,000$1,920,000$1,920,000$1,920,000
44$2,120,352$2,018,592$1,988,832$2,179,018
45$2,274,576$2,055,451$1,993,406$2,259,738
46$2,442,576$2,092,161$1,996,178$2,341,137
47$2,625,696$2,128,654$1,997,027$2,427,800
48$2,825,414$2,164,856$1,995,825$2,520,236
49$3,043,358$2,200,686$1,992,437$2,619,004
50$3,281,320$2,236,059$1,986,723$2,724,724
51$3,541,272$2,270,882$1,978,535$2,838,079
52$3,825,384$2,305,058$1,967,719$2,959,827
53$4,136,047$2,338,480$1,954,111$3,090,804
54$4,475,892$2,371,034$1,937,543$3,231,934
55$4,847,818$2,402,600$1,917,835$3,384,238
56$5,255,015$2,433,046$1,894,802$3,548,846
57$5,700,997$2,462,236$1,868,248$3,727,004
58$6,189,633$2,490,020$1,837,969$3,920,091
59$6,725,184$2,516,239$1,803,749$4,129,629
60$7,312,344$2,540,727$1,765,366$4,357,301
61$7,956,282$2,563,301$1,722,585$4,604,964
62$8,662,692$2,583,771$1,675,160$4,874,672
63$9,437,843$2,601,933$1,622,835$5,168,691
64$10,288,644$2,617,569$1,565,341$5,489,527
65$11,222,703$2,630,447$1,502,397$5,839,945
66$12,248,401$2,640,322$1,433,710$6,222,999
67$13,374,972$2,646,931$1,358,973$6,642,061
68$14,612,586$2,649,997$1,277,865$7,100,856
69$15,972,447$2,649,225$1,190,051$7,603,496
70$17,466,900$2,644,300$1,095,181$8,154,519
71$19,109,543$2,634,889$992,889$8,758,937
72$20,915,357$2,620,640$882,791$9,422,282
73$22,900,848$2,601,176$764,490$10,150,660
74$25,084,202$2,576,101$637,567$10,950,810
75$27,485,453$2,544,992$501,588$11,830,171
76$30,126,675$2,507,403$356,097$12,796,953
77$33,032,190$2,462,859$200,621$13,860,214
78$36,228,793$2,410,860$34,662$15,029,952
79$39,746,012$2,350,873$0$16,317,198
80$43,616,375$2,282,336$0$17,770,601
81$47,875,728$2,204,654$0$19,378,957
82$52,563,566$2,117,195$0$21,148,341
83$57,723,405$2,019,293$0$23,095,250
84$63,403,196$1,910,242$0$25,237,873
85$69,655,773$1,789,295$0$27,596,268
86$76,539,355$1,655,664$0$30,192,547
87$84,118,092$1,508,514$0$33,051,094
88$92,462,669$1,346,962$0$36,198,791
89$101,650,975$1,170,078$0$39,665,278
90$111,768,838$976,875$0$43,483,233
91$122,910,830$766,313$0$47,688,686
92$135,181,166$537,293$0$52,321,355
93$148,694,679$288,654$0$57,425,033
94$163,577,908$19,171$0$63,047,997
95$179,970,293$0$0$69,243,471
96$198,025,486$0$0$76,193,048
97$217,912,802$0$0$83,857,746
98$239,818,819$0$0$92,300,873
99$263,949,135$0$0$101,601,723
100$290,530,311$0$0$111,847,674