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%19.2%
1 years$159,378$157,958$156,573$155,221$153,901$148,205
2 years$78,900$77,430$76,006$74,625$73,286$67,612
3 years$52,077$50,602$49,181$47,813$46,496$41,021
4 years$38,669$37,198$35,791$34,447$33,161$27,929
5 years$30,626$29,163$27,775$26,458$25,209$20,232
6 years$25,265$23,814$22,447$21,159$19,947$15,229
7 years$21,438$19,999$18,653$17,396$16,222$11,762
8 years$18,569$17,143$15,819$14,593$13,458$9,251
9 years$16,339$14,926$13,625$12,430$11,333$7,375
10 years$14,555$13,156$11,879$10,715$9,657$5,939
11 years$13,097$11,712$10,458$9,325$8,305$4,820
12 years$11,883$10,512$9,281$8,179$7,197$3,937
13 years$10,857$9,500$8,292$7,221$6,276$3,231
14 years$9,977$8,635$7,451$6,410$5,501$2,662
15 years$9,216$7,889$6,727$5,717$4,844$2,200
16 years$8,551$7,238$6,099$5,119$4,281$1,823
17 years$7,964$6,666$5,550$4,599$3,796$1,513
18 years$7,443$6,159$5,066$4,145$3,375$1,259
19 years$6,978$5,708$4,638$3,745$3,008$1,049
20 years$6,559$5,305$4,256$3,392$2,687$875
21 years$6,181$4,941$3,915$3,078$2,405$730
22 years$5,838$4,612$3,608$2,799$2,155$610
23 years$5,525$4,314$3,332$2,549$1,935$510
24 years$5,239$4,042$3,081$2,325$1,739$427
25 years$4,976$3,793$2,854$2,123$1,565$357
26 years$4,733$3,565$2,647$1,941$1,410$299
27 years$4,509$3,355$2,458$1,777$1,271$250
28 years$4,302$3,161$2,285$1,628$1,147$210
29 years$4,108$2,982$2,126$1,493$1,035$176
30 years$3,929$2,816$1,980$1,370$936$147
31 years$3,761$2,662$1,846$1,258$846$123
32 years$3,604$2,519$1,723$1,157$765$103
33 years$3,456$2,386$1,608$1,064$692$87
34 years$3,318$2,261$1,503$979$627$73
35 years$3,188$2,145$1,405$901$568$61
36 years$3,065$2,036$1,314$830$515$51
37 years$2,950$1,933$1,230$764$466$43
38 years$2,840$1,837$1,152$705$423$36
39 years$2,737$1,747$1,079$650$383$30
40 years$2,639$1,662$1,012$599$348$25
41 years$2,546$1,582$949$553$315$21
42 years$2,457$1,507$890$510$286$18
43 years$2,373$1,436$835$471$260$15
44 years$2,293$1,369$784$435$236$13
45 years$2,217$1,305$736$402$214$11
46 years$2,144$1,245$691$371$194$9
47 years$2,075$1,188$649$343$176$7
48 years$2,008$1,134$610$317$160$6
49 years$1,945$1,083$574$293$146$5
50 years$1,884$1,035$539$271$132$4

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 $5,245 every year, while hoping to spend $26,004 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: 63/20/17 Blend
43$1,930,000$1,930,000$1,930,000$1,930,000
44$2,132,270$2,029,980$2,000,065$2,257,210
45$2,322,094$2,101,781$2,039,399$2,413,609
46$2,530,408$2,176,229$2,079,180$2,580,911
47$2,759,071$2,253,425$2,119,394$2,762,996
48$3,010,130$2,333,477$2,160,027$2,961,304
49$3,285,841$2,416,495$2,201,066$3,177,423
50$3,588,687$2,502,595$2,242,492$3,413,098
51$3,921,407$2,591,895$2,284,289$3,670,252
52$4,287,014$2,684,521$2,326,436$3,951,000
53$4,688,830$2,780,603$2,368,912$4,257,671
54$5,130,514$2,880,276$2,411,694$4,592,832
55$5,616,097$2,983,681$2,454,757$4,959,306
56$6,150,022$3,090,964$2,498,075$5,360,202
57$6,737,182$3,202,279$2,541,617$5,798,945
58$7,382,967$3,317,783$2,585,354$6,279,306
59$8,093,317$3,437,642$2,629,252$6,805,437
60$8,874,779$3,562,030$2,673,274$7,381,912
61$9,734,561$3,691,124$2,717,384$8,013,769
62$10,680,610$3,825,113$2,761,540$8,706,556
63$11,721,679$3,964,190$2,805,698$9,466,383
64$12,867,414$4,108,559$2,849,813$10,299,982
65$14,128,443$4,258,431$2,893,834$11,214,767
66$15,516,476$4,414,026$2,937,710$12,218,904
67$17,044,417$4,575,574$2,981,383$13,321,392
68$18,726,483$4,743,313$3,024,796$14,532,140
69$20,578,342$4,917,493$3,067,884$15,862,067
70$22,617,256$5,098,373$3,110,581$17,323,199
71$24,862,246$5,286,224$3,152,816$18,928,789
72$27,334,274$5,481,327$3,194,513$20,693,433
73$30,056,434$5,683,977$3,235,594$22,633,215
74$33,054,178$5,894,480$3,275,975$24,765,852
75$36,355,550$6,113,155$3,315,565$27,110,868
76$39,991,452$6,340,335$3,354,272$29,689,768
77$43,995,936$6,576,367$3,391,997$32,526,251
78$48,406,526$6,821,614$3,428,633$35,646,424
79$53,264,572$7,076,453$3,464,072$39,079,056
80$58,615,636$7,341,277$3,498,196$42,855,840
81$64,509,928$7,616,497$3,530,883$47,011,702
82$71,002,776$7,902,540$3,562,003$51,585,118
83$78,155,149$8,199,854$3,591,420$56,618,488
84$86,034,231$8,508,905$3,618,990$62,158,529
85$94,714,059$8,830,177$3,644,562$68,256,715
86$104,276,216$9,164,179$3,667,978$74,969,766
87$114,810,604$9,511,438$3,689,070$82,360,179
88$126,416,294$9,872,507$3,707,662$90,496,819
89$139,202,457$10,247,960$3,723,569$99,455,570
90$153,289,397$10,638,400$3,736,598$109,320,044
91$168,809,686$11,044,452$3,746,545$120,182,378
92$185,909,415$11,466,771$3,753,195$132,144,096
93$204,749,572$11,906,040$3,756,324$145,317,071
94$225,507,563$12,362,970$3,755,695$159,824,575
95$248,378,886$12,838,307$3,751,062$175,802,449
96$273,578,974$13,332,826$3,742,165$193,400,377
97$301,345,233$13,847,338$3,728,731$212,783,302
98$331,939,278$14,382,689$3,710,475$234,132,982
99$365,649,406$14,939,762$3,687,097$257,649,702
100$402,793,315$15,519,480$3,658,285$283,554,166