Can I retire at age 44 with 1,890,000?

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 $1,890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$156,074$154,684$153,328$152,004$150,711$145,018
2 years$77,265$75,826$74,431$73,079$71,767$66,098
3 years$50,998$49,553$48,162$46,822$45,532$40,064
4 years$37,867$36,427$35,049$33,733$32,474$27,250
5 years$29,991$28,559$27,200$25,910$24,686$19,719
6 years$24,742$23,320$21,981$20,720$19,533$14,826
7 years$20,994$19,585$18,267$17,035$15,886$11,438
8 years$18,184$16,788$15,492$14,291$13,179$8,986
9 years$16,000$14,617$13,343$12,172$11,098$7,155
10 years$14,254$12,884$11,633$10,493$9,456$5,754
11 years$12,826$11,470$10,241$9,132$8,133$4,664
12 years$11,637$10,295$9,089$8,010$7,048$3,804
13 years$10,632$9,303$8,120$7,071$6,146$3,118
14 years$9,771$8,456$7,296$6,277$5,387$2,565
15 years$9,025$7,725$6,587$5,598$4,743$2,117
16 years$8,373$7,088$5,972$5,013$4,192$1,751
17 years$7,799$6,527$5,435$4,504$3,717$1,452
18 years$7,289$6,032$4,961$4,059$3,305$1,206
19 years$6,833$5,590$4,542$3,667$2,946$1,003
20 years$6,424$5,195$4,168$3,322$2,631$835
21 years$6,053$4,839$3,834$3,015$2,355$696
22 years$5,717$4,517$3,534$2,741$2,111$581
23 years$5,411$4,224$3,263$2,496$1,895$485
24 years$5,130$3,958$3,017$2,277$1,703$405
25 years$4,873$3,714$2,795$2,079$1,532$338
26 years$4,635$3,491$2,592$1,901$1,380$283
27 years$4,416$3,285$2,407$1,740$1,245$236
28 years$4,212$3,096$2,237$1,594$1,123$198
29 years$4,023$2,920$2,082$1,462$1,014$165
30 years$3,847$2,758$1,939$1,342$916$138
31 years$3,683$2,607$1,808$1,232$828$116
32 years$3,529$2,467$1,687$1,133$749$97
33 years$3,385$2,336$1,575$1,041$678$81
34 years$3,249$2,214$1,472$958$614$68
35 years$3,122$2,100$1,376$882$556$57
36 years$3,002$1,993$1,287$812$504$48
37 years$2,888$1,893$1,205$749$457$40
38 years$2,781$1,799$1,128$690$414$33
39 years$2,680$1,711$1,057$636$375$28
40 years$2,584$1,628$991$587$341$23
41 years$2,493$1,550$929$541$309$20
42 years$2,406$1,476$871$500$280$16
43 years$2,324$1,406$818$461$254$14
44 years$2,246$1,340$768$426$231$12
45 years$2,171$1,278$721$393$210$10
46 years$2,100$1,219$677$363$190$8
47 years$2,032$1,164$636$336$173$7
48 years$1,967$1,111$598$310$157$6
49 years$1,905$1,061$562$287$143$5
50 years$1,845$1,013$528$265$129$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,890,000, adding $3,407 every year, while hoping to spend $56,540 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: 61/31/8 Blend
43$1,890,000$1,890,000$1,890,000$1,890,000
44$2,086,294$1,986,124$1,956,829$2,209,826
45$2,238,938$2,023,286$1,962,225$2,330,066
46$2,405,257$2,060,374$1,965,906$2,454,386
47$2,586,585$2,097,325$1,967,757$2,588,604
48$2,784,393$2,134,070$1,967,652$2,733,676
49$3,000,297$2,170,535$1,965,465$2,890,655
50$3,236,078$2,206,642$1,961,059$3,060,701
51$3,493,697$2,242,306$1,954,293$3,245,093
52$3,775,309$2,277,435$1,945,017$3,445,238
53$4,083,292$2,311,930$1,933,076$3,662,689
54$4,420,260$2,345,687$1,918,307$3,899,156
55$4,789,094$2,378,593$1,900,537$4,156,526
56$5,192,965$2,410,528$1,879,589$4,436,876
57$5,635,365$2,441,361$1,855,273$4,742,496
58$6,120,141$2,470,957$1,827,393$5,075,911
59$6,651,528$2,499,166$1,795,743$5,439,904
60$7,234,191$2,525,832$1,760,108$5,837,541
61$7,873,268$2,550,788$1,720,261$6,272,204
62$8,574,419$2,573,854$1,675,967$6,747,619
63$9,343,876$2,594,839$1,626,979$7,267,895
64$10,188,507$2,613,541$1,573,037$7,837,560
65$11,115,873$2,629,744$1,513,873$8,461,605
66$12,134,308$2,643,217$1,449,203$9,145,533
67$13,252,988$2,653,715$1,378,732$9,895,411
68$14,482,024$2,660,979$1,302,151$10,717,924
69$15,832,555$2,664,731$1,219,138$11,620,445
70$17,316,851$2,664,678$1,129,354$12,611,097
71$18,948,431$2,660,508$1,032,448$13,698,839
72$20,742,187$2,651,889$928,052$14,893,543
73$22,714,528$2,638,470$815,780$16,206,095
74$24,883,533$2,619,878$695,231$17,648,492
75$27,269,118$2,595,716$565,986$19,233,960
76$29,893,227$2,565,566$427,606$20,977,077
77$32,780,040$2,528,982$279,634$22,893,916
78$35,956,195$2,485,493$121,592$25,002,192
79$39,451,044$2,434,600$0$27,321,431
80$43,296,929$2,375,773$0$29,877,178
81$47,529,483$2,308,453$0$32,700,479
82$52,187,969$2,232,047$0$35,807,145
83$57,315,652$2,145,927$0$39,226,055
84$62,960,200$2,049,429$0$42,989,038
85$69,174,141$1,941,851$0$47,131,173
86$76,015,351$1,822,450$0$51,691,126
87$83,547,606$1,690,439$0$56,711,513
88$91,841,180$1,544,989$0$62,239,302
89$100,973,508$1,385,221$0$68,326,262
90$111,029,916$1,210,207$0$75,029,448
91$122,104,426$1,018,966$0$82,411,746
92$134,300,644$810,462$0$90,542,464
93$147,732,736$583,601$0$99,497,991
94$162,526,505$337,226$0$109,362,517
95$178,820,576$70,118$0$120,228,835
96$196,767,708$0$0$132,199,210
97$216,536,231$0$0$145,461,067
98$238,311,638$0$0$160,095,815
99$262,298,330$0$0$176,216,935
100$288,721,551$0$0$193,975,837