Can I retire at age 44 with 1,790,000?

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 $1,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$147,817$146,500$145,215$143,961$142,737$139,230
2 years$73,176$71,814$70,493$69,212$67,970$64,458
3 years$48,300$46,931$45,614$44,345$43,123$39,716
4 years$35,864$34,499$33,195$31,948$30,756$27,481
5 years$28,404$27,048$25,761$24,539$23,380$20,245
6 years$23,433$22,087$20,818$19,624$18,500$15,509
7 years$19,883$18,548$17,300$16,134$15,045$12,198
8 years$17,222$15,899$14,672$13,534$12,482$9,777
9 years$15,153$13,843$12,637$11,528$10,511$7,948
10 years$13,500$12,202$11,017$9,938$8,956$6,530
11 years$12,147$10,863$9,699$8,649$7,703$5,411
12 years$11,021$9,750$8,608$7,586$6,675$4,513
13 years$10,069$8,811$7,691$6,697$5,821$3,785
14 years$9,254$8,009$6,910$5,945$5,102$3,188
15 years$8,548$7,316$6,239$5,302$4,492$2,695
16 years$7,930$6,713$5,656$4,747$3,970$2,285
17 years$7,386$6,182$5,147$4,265$3,520$1,943
18 years$6,903$5,713$4,699$3,844$3,130$1,655
19 years$6,472$5,294$4,301$3,473$2,790$1,412
20 years$6,084$4,920$3,948$3,146$2,492$1,207
21 years$5,733$4,583$3,631$2,855$2,230$1,033
22 years$5,415$4,278$3,347$2,596$1,999$884
23 years$5,125$4,001$3,090$2,364$1,794$758
24 years$4,859$3,748$2,858$2,156$1,613$651
25 years$4,615$3,518$2,647$1,969$1,451$559
26 years$4,390$3,306$2,455$1,801$1,307$480
27 years$4,182$3,111$2,279$1,648$1,179$413
28 years$3,990$2,932$2,119$1,510$1,064$355
29 years$3,810$2,766$1,972$1,385$960$305
30 years$3,644$2,612$1,837$1,271$868$263
31 years$3,488$2,469$1,712$1,167$785$226
32 years$3,342$2,336$1,598$1,073$710$195
33 years$3,206$2,213$1,492$986$642$167
34 years$3,077$2,097$1,394$908$581$144
35 years$2,957$1,989$1,303$835$527$124
36 years$2,843$1,888$1,219$769$477$107
37 years$2,736$1,793$1,141$709$432$92
38 years$2,634$1,704$1,069$653$392$79
39 years$2,538$1,620$1,001$602$356$68
40 years$2,447$1,542$938$556$323$59
41 years$2,361$1,468$880$513$293$51
42 years$2,279$1,398$825$473$265$44
43 years$2,201$1,332$774$437$241$38
44 years$2,127$1,269$727$403$219$33
45 years$2,056$1,210$683$372$199$28
46 years$1,989$1,155$641$344$180$24
47 years$1,924$1,102$602$318$164$21
48 years$1,863$1,052$566$294$149$18
49 years$1,804$1,005$532$271$135$15
50 years$1,748$960$500$251$123$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,790,000, adding $4,753 every year, while hoping to spend $38,411 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: 58/37/5 Blend
43$1,790,000$1,790,000$1,790,000$1,790,000
44$1,977,483$1,882,613$1,854,868$2,090,089
45$2,138,317$1,933,992$1,876,137$2,217,543
46$2,314,269$1,986,601$1,896,831$2,351,595
47$2,506,840$2,040,460$1,916,891$2,496,725
48$2,717,684$2,095,589$1,936,252$2,653,993
49$2,948,620$2,152,005$1,954,850$2,824,568
50$3,201,655$2,209,729$1,972,613$3,009,736
51$3,478,996$2,268,778$1,989,468$3,210,909
52$3,783,076$2,329,170$2,005,337$3,429,647
53$4,116,572$2,390,922$2,020,137$3,667,663
54$4,482,434$2,454,049$2,033,784$3,926,845
55$4,883,913$2,518,568$2,046,186$4,209,271
56$5,324,587$2,584,492$2,057,248$4,517,229
57$5,808,399$2,651,837$2,066,870$4,853,241
58$6,339,691$2,720,613$2,074,947$5,220,081
59$6,923,250$2,790,832$2,081,367$5,620,807
60$7,564,343$2,862,506$2,086,015$6,058,784
61$8,268,779$2,935,641$2,088,769$6,537,721
62$9,042,952$3,010,245$2,089,500$7,061,702
63$9,893,910$3,086,323$2,088,075$7,635,227
64$10,829,415$3,163,880$2,084,353$8,263,252
65$11,858,022$3,242,916$2,078,185$8,951,237
66$12,989,152$3,323,431$2,069,416$9,705,197
67$14,233,189$3,405,423$2,057,885$10,531,758
68$15,601,570$3,488,884$2,043,420$11,438,220
69$17,106,899$3,573,809$2,025,843$12,432,627
70$18,763,062$3,660,184$2,004,968$13,523,840
71$20,585,357$3,747,997$1,980,598$14,721,623
72$22,590,644$3,837,229$1,952,528$16,036,732
73$24,797,496$3,927,859$1,920,544$17,481,022
74$27,226,378$4,019,862$1,884,420$19,067,551
75$29,899,842$4,113,209$1,843,921$20,810,710
76$32,842,735$4,207,865$1,798,802$22,726,355
77$36,082,436$4,303,793$1,748,804$24,831,957
78$39,649,114$4,400,947$1,693,658$27,146,768
79$43,576,010$4,499,280$1,633,082$29,692,002
80$47,899,754$4,598,736$1,566,781$32,491,033
81$52,660,709$4,699,254$1,494,448$35,569,622
82$57,903,348$4,800,765$1,415,759$38,956,151
83$63,676,682$4,903,194$1,330,379$42,681,899
84$70,034,712$5,006,459$1,237,955$46,781,332
85$77,036,945$5,110,468$1,138,120$51,292,431
86$84,748,956$5,215,123$1,030,489$56,257,048
87$93,243,000$5,320,315$914,660$61,721,307
88$102,598,700$5,425,925$790,216$67,736,030
89$112,903,797$5,531,824$656,718$74,357,226
90$124,254,974$5,637,874$513,708$81,646,613
91$136,758,774$5,743,922$360,710$89,672,207
92$150,532,600$5,849,805$197,224$98,508,957
93$165,705,826$5,955,346$22,732$108,239,460
94$182,421,016$6,060,354$0$118,954,734
95$200,835,271$6,164,623$0$130,763,806
96$221,121,711$6,267,932$0$143,770,349
97$243,471,106$6,370,041$0$158,094,991
98$268,093,682$6,470,696$0$173,872,000
99$295,221,099$6,569,622$0$191,249,338
100$325,108,641$6,666,523$0$210,390,057