Can I retire at age 44 with 1,820,000?

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 $1,820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$150,294$148,955$147,649$146,374$145,129$142,608
2 years$74,403$73,017$71,674$70,372$69,109$66,577
3 years$49,109$47,718$46,378$45,088$43,846$41,382
4 years$36,465$35,077$33,751$32,483$31,271$28,894
5 years$28,880$27,501$26,192$24,950$23,772$21,489
6 years$23,825$22,457$21,167$19,953$18,810$16,623
7 years$20,216$18,859$17,590$16,405$15,297$13,208
8 years$17,511$16,166$14,918$13,761$12,691$10,698
9 years$15,407$14,075$12,849$11,722$10,687$8,791
10 years$13,726$12,407$11,202$10,104$9,106$7,303
11 years$12,351$11,045$9,862$8,794$7,832$6,121
12 years$11,206$9,913$8,752$7,713$6,787$5,165
13 years$10,238$8,959$7,820$6,810$5,918$4,384
14 years$9,409$8,143$7,026$6,045$5,188$3,738
15 years$8,691$7,439$6,343$5,391$4,568$3,200
16 years$8,063$6,825$5,751$4,827$4,037$2,748
17 years$7,510$6,286$5,233$4,337$3,579$2,367
18 years$7,019$5,808$4,777$3,908$3,183$2,043
19 years$6,580$5,383$4,373$3,532$2,837$1,766
20 years$6,186$5,002$4,014$3,199$2,534$1,530
21 years$5,829$4,659$3,692$2,903$2,268$1,327
22 years$5,505$4,349$3,403$2,639$2,033$1,153
23 years$5,210$4,068$3,142$2,404$1,825$1,003
24 years$4,940$3,811$2,906$2,192$1,640$872
25 years$4,692$3,577$2,691$2,002$1,476$760
26 years$4,464$3,362$2,496$1,831$1,329$662
27 years$4,252$3,164$2,318$1,676$1,198$578
28 years$4,056$2,981$2,155$1,535$1,081$504
29 years$3,874$2,812$2,005$1,408$976$440
30 years$3,705$2,656$1,868$1,292$882$384
31 years$3,546$2,511$1,741$1,187$798$336
32 years$3,398$2,376$1,624$1,091$722$293
33 years$3,259$2,250$1,517$1,003$653$256
34 years$3,129$2,132$1,417$923$591$224
35 years$3,006$2,022$1,325$849$535$196
36 years$2,891$1,920$1,239$782$485$171
37 years$2,781$1,823$1,160$721$440$150
38 years$2,678$1,733$1,086$664$399$131
39 years$2,581$1,648$1,018$613$362$115
40 years$2,488$1,568$954$565$328$100
41 years$2,400$1,492$895$521$297$88
42 years$2,317$1,421$839$481$270$77
43 years$2,238$1,354$787$444$245$67
44 years$2,162$1,291$739$410$222$59
45 years$2,091$1,231$694$379$202$52
46 years$2,022$1,174$652$350$183$45
47 years$1,957$1,120$612$323$166$40
48 years$1,894$1,070$575$299$151$35
49 years$1,834$1,021$541$276$137$30
50 years$1,777$976$509$255$125$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,820,000, adding $2,648 every year, while hoping to spend $47,840 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: 73/16/11 Blend
43$1,820,000$1,820,000$1,820,000$1,820,000
44$2,008,371$1,911,911$1,883,701$2,150,463
45$2,162,324$1,954,694$1,895,904$2,287,491
46$2,330,376$1,997,969$1,906,912$2,431,335
47$2,513,916$2,041,711$1,916,635$2,587,575
48$2,714,471$2,085,890$1,924,977$2,757,423
49$2,933,722$2,130,474$1,931,840$2,942,217
50$3,173,522$2,175,428$1,937,117$3,143,428
51$3,435,910$2,220,712$1,940,698$3,362,676
52$3,723,129$2,266,283$1,942,468$3,601,749
53$4,037,653$2,312,096$1,942,306$3,862,613
54$4,382,203$2,358,098$1,940,083$4,147,435
55$4,759,778$2,404,235$1,935,665$4,458,602
56$5,173,679$2,450,446$1,928,914$4,798,745
57$5,627,542$2,496,666$1,919,681$5,170,762
58$6,125,374$2,542,825$1,907,812$5,577,846
59$6,671,584$2,588,846$1,893,146$6,023,513
60$7,271,033$2,634,646$1,875,514$6,511,641
61$7,929,072$2,680,138$1,854,737$7,046,500
62$8,651,598$2,725,225$1,830,632$7,632,797
63$9,445,105$2,769,805$1,803,002$8,275,716
64$10,316,747$2,813,767$1,771,644$8,980,972
65$11,274,407$2,856,993$1,736,345$9,754,862
66$12,326,766$2,899,356$1,696,883$10,604,323
67$13,483,391$2,940,719$1,653,023$11,537,002
68$14,754,819$2,980,936$1,604,522$12,561,324
69$16,152,661$3,019,853$1,551,123$13,686,575
70$17,689,708$3,057,300$1,492,561$14,922,985
71$19,380,051$3,093,102$1,428,555$16,281,830
72$21,239,219$3,127,066$1,358,814$17,775,537
73$23,284,317$3,158,990$1,283,032$19,417,798
74$25,534,194$3,188,657$1,200,891$21,223,704
75$28,009,618$3,215,837$1,112,056$23,209,885
76$30,733,469$3,240,283$1,016,180$25,394,667
77$33,730,959$3,261,734$912,899$27,798,247
78$37,029,868$3,279,909$801,832$30,442,883
79$40,660,803$3,294,514$682,582$33,353,103
80$44,657,491$3,305,231$554,735$36,555,939
81$49,057,094$3,311,726$417,857$40,081,181
82$53,900,559$3,313,643$271,497$43,961,659
83$59,233,007$3,310,601$115,183$48,233,553
84$65,104,154$3,302,201$0$52,936,736
85$71,568,783$3,288,014$0$58,121,208
86$78,687,261$3,267,589$0$63,844,157
87$86,526,105$3,240,444$0$70,145,479
88$95,158,612$3,206,071$0$77,084,053
89$104,665,551$3,163,928$0$84,724,764
90$115,135,921$3,113,445$0$93,139,111
91$126,667,795$3,054,014$0$102,405,888
92$139,369,243$2,984,994$0$112,611,926
93$153,359,351$2,905,703$0$123,852,909
94$168,769,345$2,815,423$0$136,234,283
95$185,743,829$2,713,390$0$149,872,248
96$204,442,151$2,598,797$0$164,894,858
97$225,039,904$2,470,792$0$181,443,226
98$247,730,584$2,328,471$0$199,672,861
99$272,727,417$2,170,879$0$219,755,133
100$300,265,369$1,997,008$0$241,878,894