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%14.8%
1 years$164,332$162,869$161,440$160,046$158,685$155,545
2 years$81,353$79,838$78,369$76,945$75,564$72,414
3 years$53,696$52,175$50,710$49,300$47,941$44,879
4 years$39,871$38,354$36,904$35,518$34,192$31,241
5 years$31,578$30,070$28,639$27,281$25,992$23,161
6 years$26,051$24,554$23,145$21,817$20,567$17,859
7 years$22,105$20,621$19,233$17,937$16,726$14,142
8 years$19,146$17,676$16,311$15,047$13,876$11,415
9 years$16,847$15,390$14,049$12,816$11,686$9,346
10 years$15,008$13,565$12,248$11,048$9,957$7,736
11 years$13,504$12,077$10,783$9,615$8,563$6,459
12 years$12,253$10,839$9,570$8,434$7,421$5,430
13 years$11,194$9,796$8,550$7,446$6,471$4,590
14 years$10,288$8,904$7,682$6,609$5,672$3,898
15 years$9,503$8,134$6,936$5,894$4,994$3,323
16 years$8,816$7,463$6,288$5,278$4,414$2,842
17 years$8,212$6,873$5,722$4,742$3,914$2,437
18 years$7,675$6,351$5,224$4,274$3,480$2,094
19 years$7,195$5,886$4,782$3,862$3,102$1,803
20 years$6,763$5,469$4,389$3,497$2,771$1,555
21 years$6,374$5,095$4,037$3,174$2,479$1,343
22 years$6,020$4,756$3,720$2,886$2,222$1,161
23 years$5,697$4,448$3,435$2,628$1,995$1,005
24 years$5,402$4,167$3,177$2,397$1,793$870
25 years$5,131$3,911$2,943$2,189$1,614$754
26 years$4,881$3,676$2,729$2,002$1,453$654
27 years$4,649$3,459$2,534$1,832$1,310$568
28 years$4,435$3,259$2,356$1,679$1,182$493
29 years$4,236$3,075$2,192$1,539$1,068$428
30 years$4,051$2,904$2,042$1,413$965$372
31 years$3,878$2,745$1,904$1,298$872$324
32 years$3,716$2,598$1,776$1,192$789$281
33 years$3,564$2,460$1,658$1,097$714$245
34 years$3,421$2,331$1,550$1,009$646$213
35 years$3,287$2,211$1,449$929$586$185
36 years$3,161$2,099$1,355$855$530$161
37 years$3,041$1,993$1,269$788$481$140
38 years$2,928$1,894$1,188$726$436$122
39 years$2,822$1,801$1,113$670$395$106
40 years$2,721$1,714$1,043$618$359$93
41 years$2,625$1,632$978$570$325$81
42 years$2,534$1,554$918$526$295$70
43 years$2,447$1,480$861$486$268$61
44 years$2,364$1,411$808$448$243$53
45 years$2,286$1,346$759$414$221$46
46 years$2,211$1,284$713$382$200$40
47 years$2,139$1,225$670$353$182$35
48 years$2,071$1,170$629$327$165$31
49 years$2,006$1,117$591$302$150$27
50 years$1,943$1,067$556$279$136$23

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 $6,641 every year, while hoping to spend $45,117 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: 59/14/27 Blend
43$1,990,000$1,990,000$1,990,000$1,990,000
44$2,199,830$2,094,360$2,063,515$2,313,156
45$2,376,209$2,148,980$2,084,639$2,445,923
46$2,569,066$2,204,763$2,104,958$2,585,292
47$2,780,034$2,261,721$2,124,398$2,736,368
48$3,010,913$2,319,860$2,142,880$2,900,299
49$3,263,682$2,379,189$2,160,322$3,078,350
50$3,540,521$2,439,713$2,176,637$3,271,917
51$3,843,832$2,501,437$2,191,732$3,482,535
52$4,176,259$2,564,363$2,205,512$3,711,898
53$4,540,715$2,628,495$2,217,874$3,961,871
54$4,940,408$2,693,831$2,228,712$4,234,510
55$5,378,870$2,760,369$2,237,915$4,532,081
56$5,859,994$2,828,106$2,245,364$4,857,081
57$6,388,065$2,897,035$2,250,936$5,212,262
58$6,967,806$2,967,148$2,254,500$5,600,656
59$7,604,417$3,038,433$2,255,921$6,025,606
60$8,303,628$3,110,877$2,255,054$6,490,794
61$9,071,751$3,184,463$2,251,752$7,000,280
62$9,915,739$3,259,171$2,245,854$7,558,539
63$10,843,251$3,334,977$2,237,198$8,170,501
64$11,862,727$3,411,856$2,225,608$8,841,602
65$12,983,464$3,489,775$2,210,905$9,577,830
66$14,215,704$3,568,701$2,192,897$10,385,788
67$15,570,733$3,648,594$2,171,386$11,272,752
68$17,060,982$3,729,410$2,146,162$12,246,740
69$18,700,152$3,811,100$2,117,008$13,316,592
70$20,503,333$3,893,610$2,083,693$14,492,048
71$22,487,156$3,976,880$2,045,980$15,783,844
72$24,669,942$4,060,843$2,003,616$17,203,815
73$27,071,878$4,145,426$1,956,339$18,765,002
74$29,715,208$4,230,551$1,903,876$20,481,778
75$32,624,441$4,316,130$1,845,937$22,369,987
76$35,826,582$4,402,068$1,782,224$24,447,088
77$39,351,386$4,488,262$1,712,421$26,732,326
78$43,231,641$4,574,600$1,636,200$29,246,911
79$47,503,473$4,660,961$1,553,218$32,014,219
80$52,206,692$4,747,212$1,463,116$35,060,012
81$57,385,162$4,833,213$1,365,518$38,412,686
82$63,087,218$4,918,810$1,260,032$42,103,536
83$69,366,120$5,003,837$1,146,248$46,167,051
84$76,280,556$5,088,117$1,023,739$50,641,244
85$83,895,195$5,171,457$892,057$55,568,011
86$92,281,300$5,253,653$750,736$60,993,522
87$101,517,394$5,334,484$599,287$66,968,666
88$111,690,007$5,413,713$437,202$73,549,526
89$122,894,489$5,491,086$263,949$80,797,910
90$135,235,909$5,566,331$78,974$88,781,938
91$148,830,048$5,639,158$0$97,576,686
92$163,804,492$5,709,256$0$107,299,011
93$180,299,834$5,776,292$0$118,032,479
94$198,470,999$5,839,913$0$129,854,991
95$218,488,712$5,899,740$0$142,877,491
96$240,541,102$5,955,369$0$157,222,237
97$264,835,482$6,006,369$0$173,023,954
98$291,600,304$6,052,284$0$190,431,109
99$321,087,312$6,092,623$0$209,607,308
100$353,573,924$6,126,868$0$230,732,845