Can I retire at age 44 with 1,990,000?

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 $1,990,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$164,332$162,869$161,440$160,046$158,685$152,752
2 years$81,353$79,838$78,369$76,945$75,564$69,654
3 years$53,696$52,175$50,710$49,300$47,941$42,240
4 years$39,871$38,354$36,904$35,518$34,192$28,744
5 years$31,578$30,070$28,639$27,281$25,992$20,811
6 years$26,051$24,554$23,145$21,817$20,567$15,657
7 years$22,105$20,621$19,233$17,937$16,726$12,085
8 years$19,146$17,676$16,311$15,047$13,876$9,500
9 years$16,847$15,390$14,049$12,816$11,686$7,569
10 years$15,008$13,565$12,248$11,048$9,957$6,091
11 years$13,504$12,077$10,783$9,615$8,563$4,941
12 years$12,253$10,839$9,570$8,434$7,421$4,032
13 years$11,194$9,796$8,550$7,446$6,471$3,307
14 years$10,288$8,904$7,682$6,609$5,672$2,722
15 years$9,503$8,134$6,936$5,894$4,994$2,248
16 years$8,816$7,463$6,288$5,278$4,414$1,862
17 years$8,212$6,873$5,722$4,742$3,914$1,545
18 years$7,675$6,351$5,224$4,274$3,480$1,284
19 years$7,195$5,886$4,782$3,862$3,102$1,069
20 years$6,763$5,469$4,389$3,497$2,771$891
21 years$6,374$5,095$4,037$3,174$2,479$743
22 years$6,020$4,756$3,720$2,886$2,222$620
23 years$5,697$4,448$3,435$2,628$1,995$518
24 years$5,402$4,167$3,177$2,397$1,793$433
25 years$5,131$3,911$2,943$2,189$1,614$362
26 years$4,881$3,676$2,729$2,002$1,453$303
27 years$4,649$3,459$2,534$1,832$1,310$253
28 years$4,435$3,259$2,356$1,679$1,182$212
29 years$4,236$3,075$2,192$1,539$1,068$178
30 years$4,051$2,904$2,042$1,413$965$149
31 years$3,878$2,745$1,904$1,298$872$125
32 years$3,716$2,598$1,776$1,192$789$104
33 years$3,564$2,460$1,658$1,097$714$87
34 years$3,421$2,331$1,550$1,009$646$73
35 years$3,287$2,211$1,449$929$586$61
36 years$3,161$2,099$1,355$855$530$51
37 years$3,041$1,993$1,269$788$481$43
38 years$2,928$1,894$1,188$726$436$36
39 years$2,822$1,801$1,113$670$395$30
40 years$2,721$1,714$1,043$618$359$25
41 years$2,625$1,632$978$570$325$21
42 years$2,534$1,554$918$526$295$18
43 years$2,447$1,480$861$486$268$15
44 years$2,364$1,411$808$448$243$13
45 years$2,286$1,346$759$414$221$10
46 years$2,211$1,284$713$382$200$9
47 years$2,139$1,225$670$353$182$7
48 years$2,071$1,170$629$327$165$6
49 years$2,006$1,117$591$302$150$5
50 years$1,943$1,067$556$279$136$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,990,000, adding $5,492 every year, while hoping to spend $39,132 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: 48/39/13 Blend
43$1,990,000$1,990,000$1,990,000$1,990,000
44$2,198,645$2,093,175$2,062,330$2,296,008
45$2,381,271$2,154,104$2,089,782$2,424,651
46$2,581,213$2,216,708$2,116,842$2,559,754
47$2,800,196$2,281,026$2,143,456$2,705,575
48$3,040,120$2,347,100$2,169,565$2,863,125
49$3,303,076$2,414,973$2,195,110$3,033,523
50$3,591,370$2,484,686$2,220,026$3,217,994
51$3,907,538$2,556,284$2,244,246$3,417,891
52$4,254,375$2,629,811$2,267,696$3,634,699
53$4,634,961$2,705,310$2,290,303$3,870,057
54$5,052,685$2,782,829$2,311,986$4,125,764
55$5,511,283$2,862,411$2,332,662$4,403,806
56$6,014,870$2,944,105$2,352,242$4,706,365
57$6,567,977$3,027,958$2,370,633$5,035,847
58$7,175,599$3,114,016$2,387,738$5,394,897
59$7,843,236$3,202,328$2,403,452$5,786,433
60$8,576,946$3,292,942$2,417,668$6,213,665
61$9,383,407$3,385,909$2,430,273$6,680,128
62$10,269,973$3,481,277$2,441,145$7,189,719
63$11,244,746$3,579,095$2,450,159$7,746,725
64$12,316,654$3,679,415$2,457,183$8,355,873
65$13,495,532$3,782,286$2,462,079$9,022,367
66$14,792,217$3,887,758$2,464,699$9,751,941
67$16,218,649$3,995,884$2,464,892$10,550,909
68$17,787,982$4,106,713$2,462,496$11,426,231
69$19,514,710$4,220,296$2,457,344$12,385,570
70$21,414,803$4,336,683$2,449,258$13,437,373
71$23,505,859$4,455,926$2,438,054$14,590,942
72$25,807,264$4,578,074$2,423,536$15,856,527
73$28,340,383$4,703,178$2,405,503$17,245,423
74$31,128,754$4,831,286$2,383,739$18,770,073
75$34,198,315$4,962,447$2,358,023$20,444,186
76$37,577,646$5,096,710$2,328,119$22,282,868
77$41,298,239$5,234,121$2,293,784$24,302,764
78$45,394,793$5,374,727$2,254,760$26,522,214
79$49,905,546$5,518,573$2,210,779$28,961,427
80$54,872,632$5,665,703$2,161,559$31,642,668
81$60,342,477$5,816,159$2,106,808$34,590,475
82$66,366,240$5,969,982$2,046,217$37,831,885
83$73,000,295$6,127,210$1,979,464$41,396,689
84$80,306,763$6,287,880$1,906,213$45,317,717
85$88,354,093$6,452,027$1,826,112$49,631,143
86$97,217,716$6,619,682$1,738,793$54,376,831
87$106,980,752$6,790,875$1,643,870$59,598,709
88$117,734,792$6,965,631$1,540,944$65,345,181
89$129,580,767$7,143,974$1,429,592$71,669,590
90$142,629,899$7,325,921$1,309,376$78,630,715
91$157,004,746$7,511,489$1,179,838$86,293,331
92$172,840,365$7,700,687$1,040,498$94,728,818
93$190,285,584$7,893,522$890,856$104,015,834
94$209,504,403$8,089,994$730,389$114,241,061
95$230,677,547$8,290,098$558,551$125,500,019
96$254,004,167$8,493,824$374,774$137,897,971
97$279,703,725$8,701,154$178,461$151,550,916
98$308,018,058$8,912,064$0$166,586,685
99$339,213,667$9,126,522$0$183,150,450
100$373,584,227$9,344,488$0$201,419,840