Can I retire at age 44 with 1,970,000?

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 $1,970,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$162,681$161,232$159,818$158,438$157,091$152,551
2 years$80,535$79,035$77,582$76,172$74,805$70,268
3 years$53,157$51,650$50,200$48,804$47,459$43,066
4 years$39,470$37,968$36,533$35,161$33,848$29,633
5 years$31,260$29,768$28,351$27,007$25,731$21,705
6 years$25,789$24,308$22,912$21,598$20,360$16,528
7 years$21,883$20,413$19,040$17,757$16,558$12,919
8 years$18,954$17,498$16,147$14,896$13,737$10,288
9 years$16,677$15,235$13,908$12,688$11,568$8,307
10 years$14,857$13,429$12,125$10,937$9,857$6,779
11 years$13,369$11,955$10,675$9,518$8,477$5,577
12 years$12,129$10,730$9,474$8,349$7,346$4,619
13 years$11,082$9,697$8,464$7,371$6,406$3,845
14 years$10,184$8,814$7,605$6,543$5,615$3,214
15 years$9,407$8,052$6,866$5,835$4,944$2,696
16 years$8,728$7,388$6,225$5,225$4,370$2,268
17 years$8,129$6,804$5,665$4,694$3,875$1,913
18 years$7,598$6,287$5,171$4,231$3,445$1,616
19 years$7,122$5,827$4,734$3,823$3,071$1,368
20 years$6,695$5,414$4,345$3,462$2,743$1,159
21 years$6,310$5,043$3,996$3,142$2,454$984
22 years$5,959$4,708$3,683$2,857$2,200$835
23 years$5,640$4,403$3,401$2,602$1,975$710
24 years$5,347$4,125$3,145$2,373$1,775$604
25 years$5,079$3,871$2,913$2,167$1,597$514
26 years$4,831$3,639$2,702$1,982$1,439$438
27 years$4,603$3,424$2,509$1,814$1,297$373
28 years$4,391$3,227$2,332$1,662$1,170$318
29 years$4,194$3,044$2,170$1,524$1,057$271
30 years$4,010$2,875$2,022$1,399$955$231
31 years$3,839$2,718$1,885$1,285$863$197
32 years$3,678$2,571$1,758$1,180$781$168
33 years$3,528$2,435$1,642$1,086$707$143
34 years$3,387$2,308$1,534$999$640$122
35 years$3,254$2,189$1,434$919$580$104
36 years$3,129$2,078$1,342$847$525$89
37 years$3,011$1,973$1,256$780$476$76
38 years$2,899$1,875$1,176$719$432$65
39 years$2,793$1,783$1,102$663$391$55
40 years$2,693$1,697$1,033$612$355$47
41 years$2,598$1,615$968$564$322$40
42 years$2,508$1,538$908$521$292$34
43 years$2,422$1,466$852$481$265$29
44 years$2,341$1,397$800$444$241$25
45 years$2,263$1,332$751$410$219$21
46 years$2,189$1,271$706$379$198$18
47 years$2,118$1,213$663$350$180$16
48 years$2,050$1,158$623$323$164$13
49 years$1,985$1,106$586$299$149$11
50 years$1,923$1,056$550$276$135$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,970,000, adding $2,879 every year, while hoping to spend $44,333 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: 71/18/11 Blend
43$1,970,000$1,970,000$1,970,000$1,970,000
44$2,173,910$2,069,500$2,038,965$2,323,221
45$2,348,479$2,123,735$2,060,100$2,476,709
46$2,539,367$2,179,142$2,080,458$2,638,966
47$2,748,194$2,235,732$2,099,964$2,815,390
48$2,976,741$2,293,513$2,118,544$3,007,366
49$3,226,968$2,352,495$2,136,115$3,216,422
50$3,501,037$2,412,685$2,152,592$3,444,240
51$3,801,325$2,474,090$2,167,887$3,692,672
52$4,130,453$2,536,713$2,181,904$3,963,758
53$4,491,306$2,600,559$2,194,545$4,259,746
54$4,887,062$2,665,628$2,205,704$4,583,110
55$5,321,221$2,731,923$2,215,274$4,936,577
56$5,797,637$2,799,439$2,223,137$5,323,149
57$6,320,558$2,868,173$2,229,175$5,746,136
58$6,894,662$2,938,120$2,233,258$6,209,180
59$7,525,100$3,009,271$2,235,255$6,716,298
60$8,217,549$3,081,614$2,235,025$7,271,913
61$8,978,262$3,155,136$2,232,421$7,880,897
62$9,814,127$3,229,820$2,227,290$8,548,620
63$10,732,733$3,305,646$2,219,469$9,280,998
64$11,742,440$3,382,591$2,208,790$10,084,548
65$12,852,459$3,460,628$2,195,074$10,966,452
66$14,072,936$3,539,726$2,178,136$11,934,623
67$15,415,053$3,619,849$2,157,780$12,997,778
68$16,891,126$3,700,959$2,133,803$14,165,526
69$18,514,725$3,783,011$2,105,991$15,448,452
70$20,300,805$3,865,956$2,074,119$16,858,220
71$22,265,838$3,949,739$2,037,953$18,407,683
72$24,427,976$4,034,299$1,997,247$20,111,005
73$26,807,220$4,119,570$1,951,745$21,983,793
74$29,425,606$4,205,478$1,901,178$24,043,243
75$32,307,414$4,291,943$1,845,264$26,308,308
76$35,479,400$4,378,878$1,783,710$28,799,870
77$38,971,042$4,466,186$1,716,207$31,540,942
78$42,814,823$4,553,764$1,642,435$34,556,883
79$47,046,534$4,641,498$1,562,056$37,875,638
80$51,705,616$4,729,266$1,474,720$41,528,002
81$56,835,524$4,816,935$1,380,058$45,547,911
82$62,484,144$4,904,362$1,277,687$49,972,760
83$68,704,243$4,991,392$1,167,206$54,843,760
84$75,553,963$5,077,858$1,048,195$60,206,325
85$83,097,375$5,163,580$920,217$66,110,501
86$91,405,077$5,248,365$782,813$72,611,438
87$100,554,865$5,332,006$635,508$79,769,912
88$110,632,466$5,414,278$477,802$87,652,898
89$121,732,343$5,494,944$309,174$96,334,204
90$133,958,592$5,573,746$129,082$105,895,165
91$147,425,919$5,650,411$0$116,425,415
92$162,260,726$5,724,643$0$128,031,136
93$178,602,299$5,796,130$0$140,830,425
94$196,604,129$5,864,536$0$154,928,144
95$216,435,354$5,929,502$0$170,456,563
96$238,282,359$5,990,647$0$187,561,440
97$262,350,532$6,047,560$0$206,403,398
98$288,866,205$6,099,809$0$227,159,442
99$318,078,787$6,146,930$0$250,024,627
100$350,263,123$6,188,429$0$275,213,903