Can I retire at age 44 with 1,930,000?

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 $1,930,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$159,378$157,958$156,573$155,221$153,901$151,227
2 years$78,900$77,430$76,006$74,625$73,286$70,601
3 years$52,077$50,602$49,181$47,813$46,496$43,883
4 years$38,669$37,198$35,791$34,447$33,161$30,641
5 years$30,626$29,163$27,775$26,458$25,209$22,788
6 years$25,265$23,814$22,447$21,159$19,947$17,628
7 years$21,438$19,999$18,653$17,396$16,222$14,007
8 years$18,569$17,143$15,819$14,593$13,458$11,345
9 years$16,339$14,926$13,625$12,430$11,333$9,322
10 years$14,555$13,156$11,879$10,715$9,657$7,745
11 years$13,097$11,712$10,458$9,325$8,305$6,491
12 years$11,883$10,512$9,281$8,179$7,197$5,478
13 years$10,857$9,500$8,292$7,221$6,276$4,649
14 years$9,977$8,635$7,451$6,410$5,501$3,964
15 years$9,216$7,889$6,727$5,717$4,844$3,393
16 years$8,551$7,238$6,099$5,119$4,281$2,914
17 years$7,964$6,666$5,550$4,599$3,796$2,510
18 years$7,443$6,159$5,066$4,145$3,375$2,166
19 years$6,978$5,708$4,638$3,745$3,008$1,873
20 years$6,559$5,305$4,256$3,392$2,687$1,623
21 years$6,181$4,941$3,915$3,078$2,405$1,408
22 years$5,838$4,612$3,608$2,799$2,155$1,223
23 years$5,525$4,314$3,332$2,549$1,935$1,063
24 years$5,239$4,042$3,081$2,325$1,739$925
25 years$4,976$3,793$2,854$2,123$1,565$806
26 years$4,733$3,565$2,647$1,941$1,410$702
27 years$4,509$3,355$2,458$1,777$1,271$613
28 years$4,302$3,161$2,285$1,628$1,147$534
29 years$4,108$2,982$2,126$1,493$1,035$467
30 years$3,929$2,816$1,980$1,370$936$407
31 years$3,761$2,662$1,846$1,258$846$356
32 years$3,604$2,519$1,723$1,157$765$311
33 years$3,456$2,386$1,608$1,064$692$272
34 years$3,318$2,261$1,503$979$627$238
35 years$3,188$2,145$1,405$901$568$208
36 years$3,065$2,036$1,314$830$515$182
37 years$2,950$1,933$1,230$764$466$159
38 years$2,840$1,837$1,152$705$423$139
39 years$2,737$1,747$1,079$650$383$122
40 years$2,639$1,662$1,012$599$348$107
41 years$2,546$1,582$949$553$315$93
42 years$2,457$1,507$890$510$286$82
43 years$2,373$1,436$835$471$260$71
44 years$2,293$1,369$784$435$236$62
45 years$2,217$1,305$736$402$214$55
46 years$2,144$1,245$691$371$194$48
47 years$2,075$1,188$649$343$176$42
48 years$2,008$1,134$610$317$160$37
49 years$1,945$1,083$574$293$146$32
50 years$1,884$1,035$539$271$132$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,930,000, adding $2,578 every year, while hoping to spend $36,543 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: 53/30/17 Blend
43$1,930,000$1,930,000$1,930,000$1,930,000
44$2,129,519$2,027,229$1,997,314$2,232,456
45$2,307,849$2,087,682$2,025,343$2,363,653
46$2,503,143$2,149,872$2,053,086$2,502,253
47$2,717,094$2,213,846$2,080,494$2,652,256
48$2,951,565$2,279,652$2,107,518$2,814,755
49$3,208,608$2,347,338$2,134,103$2,990,955
50$3,490,482$2,416,954$2,160,192$3,182,182
51$3,799,678$2,488,551$2,185,725$3,389,895
52$4,138,936$2,562,181$2,210,638$3,615,700
53$4,511,277$2,637,898$2,234,863$3,861,367
54$4,920,027$2,715,754$2,258,331$4,128,843
55$5,368,850$2,795,807$2,280,966$4,420,273
56$5,861,783$2,878,112$2,302,689$4,738,018
57$6,403,273$2,962,727$2,323,416$5,084,678
58$6,998,217$3,049,711$2,343,062$5,463,120
59$7,652,013$3,139,125$2,361,532$5,876,496
60$8,370,606$3,231,029$2,378,730$6,328,282
61$9,160,544$3,325,487$2,394,555$6,822,304
62$10,029,045$3,422,561$2,408,897$7,362,780
63$10,984,058$3,522,316$2,421,646$7,954,352
64$12,034,341$3,624,819$2,432,680$8,602,136
65$13,189,546$3,730,137$2,441,877$9,311,769
66$14,460,304$3,838,339$2,449,104$10,089,458
67$15,858,330$3,949,492$2,454,225$10,942,044
68$17,396,532$4,063,670$2,457,093$11,877,062
69$19,089,131$4,180,942$2,457,559$12,902,815
70$20,951,797$4,301,383$2,455,461$14,028,450
71$23,001,795$4,425,066$2,450,634$15,264,045
72$25,258,150$4,552,066$2,442,903$16,620,704
73$27,741,824$4,682,460$2,432,082$18,110,663
74$30,475,914$4,816,324$2,417,981$19,747,403
75$33,485,870$4,953,737$2,400,396$21,545,776
76$36,799,736$5,094,777$2,379,117$23,522,151
77$40,448,414$5,239,526$2,353,921$25,694,561
78$44,465,952$5,388,062$2,324,578$28,082,880
79$48,889,871$5,540,469$2,290,843$30,709,003
80$53,761,513$5,696,828$2,252,462$33,597,059
81$59,126,437$5,857,222$2,209,169$36,773,636
82$65,034,843$6,021,735$2,160,685$40,268,032
83$71,542,047$6,190,451$2,106,719$44,112,530
84$78,709,007$6,363,453$2,046,964$48,342,706
85$86,602,891$6,540,828$1,981,103$52,997,762
86$95,297,716$6,722,659$1,908,800$58,120,896
87$104,875,045$6,909,031$1,829,707$63,759,711
88$115,424,756$7,100,030$1,743,459$69,966,665
89$127,045,891$7,295,741$1,649,674$76,799,563
90$139,847,587$7,496,247$1,547,953$84,322,106
91$153,950,110$7,701,633$1,437,880$92,604,490
92$169,485,991$7,911,983$1,319,018$101,724,070
93$186,601,270$8,127,377$1,190,913$111,766,089
94$205,456,880$8,347,899$1,053,089$122,824,484
95$226,230,164$8,573,629$905,050$135,002,772
96$249,116,548$8,804,645$746,277$148,415,029
97$274,331,388$9,041,024$576,228$163,186,963
98$302,111,996$9,282,841$394,339$179,457,106
99$332,719,890$9,530,170$200,020$197,378,118
100$366,443,251$9,783,081$0$217,118,229