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

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 $1,930,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$159,378$157,958$156,573$155,221$153,901$151,726
2 years$78,900$77,430$76,006$74,625$73,286$71,099
3 years$52,077$50,602$49,181$47,813$46,496$44,365
4 years$38,669$37,198$35,791$34,447$33,161$31,103
5 years$30,626$29,163$27,775$26,458$25,209$23,228
6 years$25,265$23,814$22,447$21,159$19,947$18,047
7 years$21,438$19,999$18,653$17,396$16,222$14,404
8 years$18,569$17,143$15,819$14,593$13,458$11,721
9 years$16,339$14,926$13,625$12,430$11,333$9,676
10 years$14,555$13,156$11,879$10,715$9,657$8,079
11 years$13,097$11,712$10,458$9,325$8,305$6,805
12 years$11,883$10,512$9,281$8,179$7,197$5,772
13 years$10,857$9,500$8,292$7,221$6,276$4,925
14 years$9,977$8,635$7,451$6,410$5,501$4,222
15 years$9,216$7,889$6,727$5,717$4,844$3,634
16 years$8,551$7,238$6,099$5,119$4,281$3,138
17 years$7,964$6,666$5,550$4,599$3,796$2,718
18 years$7,443$6,159$5,066$4,145$3,375$2,359
19 years$6,978$5,708$4,638$3,745$3,008$2,053
20 years$6,559$5,305$4,256$3,392$2,687$1,789
21 years$6,181$4,941$3,915$3,078$2,405$1,561
22 years$5,838$4,612$3,608$2,799$2,155$1,364
23 years$5,525$4,314$3,332$2,549$1,935$1,194
24 years$5,239$4,042$3,081$2,325$1,739$1,045
25 years$4,976$3,793$2,854$2,123$1,565$916
26 years$4,733$3,565$2,647$1,941$1,410$804
27 years$4,509$3,355$2,458$1,777$1,271$705
28 years$4,302$3,161$2,285$1,628$1,147$619
29 years$4,108$2,982$2,126$1,493$1,035$544
30 years$3,929$2,816$1,980$1,370$936$478
31 years$3,761$2,662$1,846$1,258$846$421
32 years$3,604$2,519$1,723$1,157$765$370
33 years$3,456$2,386$1,608$1,064$692$326
34 years$3,318$2,261$1,503$979$627$287
35 years$3,188$2,145$1,405$901$568$252
36 years$3,065$2,036$1,314$830$515$222
37 years$2,950$1,933$1,230$764$466$196
38 years$2,840$1,837$1,152$705$423$172
39 years$2,737$1,747$1,079$650$383$152
40 years$2,639$1,662$1,012$599$348$134
41 years$2,546$1,582$949$553$315$118
42 years$2,457$1,507$890$510$286$104
43 years$2,373$1,436$835$471$260$92
44 years$2,293$1,369$784$435$236$81
45 years$2,217$1,305$736$402$214$71
46 years$2,144$1,245$691$371$194$63
47 years$2,075$1,188$649$343$176$55
48 years$2,008$1,134$610$317$160$49
49 years$1,945$1,083$574$293$146$43
50 years$1,884$1,035$539$271$132$38

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 $5,164 every year, while hoping to spend $20,008 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: 37/46/17 Blend
43$1,930,000$1,930,000$1,930,000$1,930,000
44$2,132,187$2,029,897$1,999,982$2,199,919
45$2,328,381$2,108,073$2,045,693$2,327,426
46$2,543,917$2,189,410$2,092,264$2,462,784
47$2,780,746$2,274,040$2,139,705$2,608,567
48$3,041,018$2,362,104$2,188,021$2,765,720
49$3,327,102$2,453,747$2,237,219$2,935,282
50$3,641,607$2,549,122$2,287,307$3,118,390
51$3,987,409$2,648,386$2,338,289$3,316,296
52$4,367,674$2,751,707$2,390,172$3,530,370
53$4,785,894$2,859,257$2,442,959$3,762,122
54$5,245,912$2,971,218$2,496,656$4,013,207
55$5,751,966$3,087,779$2,551,265$4,285,443
56$6,308,723$3,209,136$2,606,788$4,580,831
57$6,921,326$3,335,497$2,663,229$4,901,566
58$7,595,442$3,467,077$2,720,587$5,250,064
59$8,337,313$3,604,100$2,778,864$5,628,979
60$9,153,821$3,746,803$2,838,057$6,041,230
61$10,052,544$3,895,430$2,898,166$6,490,025
62$11,041,836$4,050,238$2,959,187$6,978,894
63$12,130,899$4,211,496$3,021,116$7,511,718
64$13,329,875$4,379,483$3,083,947$8,092,765
65$14,649,938$4,554,493$3,147,675$8,726,733
66$16,103,400$4,736,832$3,212,290$9,418,789
67$17,703,829$4,926,819$3,277,784$10,174,616
68$19,466,175$5,124,789$3,344,146$11,000,470
69$21,406,912$5,331,090$3,411,361$11,903,234
70$23,544,193$5,546,089$3,479,417$12,890,485
71$25,898,020$5,770,167$3,548,297$13,970,559
72$28,490,435$6,003,723$3,617,983$15,152,633
73$31,345,728$6,247,173$3,688,453$16,446,808
74$34,490,662$6,500,955$3,759,687$17,864,204
75$37,954,731$6,765,523$3,831,658$19,417,062
76$41,770,435$7,041,355$3,904,340$21,118,859
77$45,973,587$7,328,949$3,977,703$22,984,433
78$50,603,651$7,628,826$4,051,714$25,030,121
79$55,704,116$7,941,531$4,126,339$27,273,911
80$61,322,903$8,267,633$4,201,538$29,735,612
81$67,512,821$8,607,729$4,277,272$32,437,036
82$74,332,063$8,962,442$4,353,494$35,402,204
83$81,844,754$9,332,423$4,430,157$38,657,568
84$90,121,561$9,718,353$4,507,210$42,232,262
85$99,240,355$10,120,947$4,584,596$46,158,371
86$109,286,947$10,540,949$4,662,255$50,471,233
87$120,355,900$10,979,140$4,740,125$55,209,772
88$132,551,419$11,436,335$4,818,136$60,416,856
89$145,988,336$11,913,388$4,896,216$66,139,708
90$160,793,194$12,411,191$4,974,287$72,430,341
91$177,105,440$12,930,680$5,052,266$79,346,049
92$195,078,742$13,472,831$5,130,064$86,949,946
93$214,882,440$14,038,666$5,207,588$95,311,555
94$236,703,144$14,629,256$5,284,738$104,507,463
95$260,746,495$15,245,719$5,361,406$114,622,039
96$287,239,106$15,889,228$5,437,482$125,748,230
97$316,430,702$16,561,007$5,512,845$137,988,428
98$348,596,477$17,262,340$5,587,368$151,455,437
99$384,039,690$17,994,568$5,660,918$166,273,534
100$423,094,533$18,759,095$5,733,353$182,579,633