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

Use the below retirement simulation to view the chances of a successful retirement.
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%16%
1 years$150,294$148,955$147,649$146,374$145,129$141,563
2 years$74,403$73,017$71,674$70,372$69,109$65,539
3 years$49,109$47,718$46,378$45,088$43,846$40,382
4 years$36,465$35,077$33,751$32,483$31,271$27,941
5 years$28,880$27,501$26,192$24,950$23,772$20,585
6 years$23,825$22,457$21,167$19,953$18,810$15,769
7 years$20,216$18,859$17,590$16,405$15,297$12,403
8 years$17,511$16,166$14,918$13,761$12,691$9,941
9 years$15,407$14,075$12,849$11,722$10,687$8,081
10 years$13,726$12,407$11,202$10,104$9,106$6,639
11 years$12,351$11,045$9,862$8,794$7,832$5,501
12 years$11,206$9,913$8,752$7,713$6,787$4,589
13 years$10,238$8,959$7,820$6,810$5,918$3,848
14 years$9,409$8,143$7,026$6,045$5,188$3,242
15 years$8,691$7,439$6,343$5,391$4,568$2,740
16 years$8,063$6,825$5,751$4,827$4,037$2,324
17 years$7,510$6,286$5,233$4,337$3,579$1,975
18 years$7,019$5,808$4,777$3,908$3,183$1,682
19 years$6,580$5,383$4,373$3,532$2,837$1,436
20 years$6,186$5,002$4,014$3,199$2,534$1,227
21 years$5,829$4,659$3,692$2,903$2,268$1,050
22 years$5,505$4,349$3,403$2,639$2,033$899
23 years$5,210$4,068$3,142$2,404$1,825$771
24 years$4,940$3,811$2,906$2,192$1,640$662
25 years$4,692$3,577$2,691$2,002$1,476$568
26 years$4,464$3,362$2,496$1,831$1,329$488
27 years$4,252$3,164$2,318$1,676$1,198$419
28 years$4,056$2,981$2,155$1,535$1,081$361
29 years$3,874$2,812$2,005$1,408$976$310
30 years$3,705$2,656$1,868$1,292$882$267
31 years$3,546$2,511$1,741$1,187$798$230
32 years$3,398$2,376$1,624$1,091$722$198
33 years$3,259$2,250$1,517$1,003$653$170
34 years$3,129$2,132$1,417$923$591$147
35 years$3,006$2,022$1,325$849$535$126
36 years$2,891$1,920$1,239$782$485$109
37 years$2,781$1,823$1,160$721$440$94
38 years$2,678$1,733$1,086$664$399$81
39 years$2,581$1,648$1,018$613$362$70
40 years$2,488$1,568$954$565$328$60
41 years$2,400$1,492$895$521$297$52
42 years$2,317$1,421$839$481$270$45
43 years$2,238$1,354$787$444$245$38
44 years$2,162$1,291$739$410$222$33
45 years$2,091$1,231$694$379$202$29
46 years$2,022$1,174$652$350$183$25
47 years$1,957$1,120$612$323$166$21
48 years$1,894$1,070$575$299$151$18
49 years$1,834$1,021$541$276$137$16
50 years$1,777$976$509$255$125$14

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 $2,201 every year, while hoping to spend $58,364 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: 76/14/10 Blend
43$1,820,000$1,820,000$1,820,000$1,820,000
44$2,007,910$1,911,450$1,883,240$2,156,814
45$2,150,618$1,943,013$1,884,230$2,286,720
46$2,305,926$1,974,165$1,883,297$2,421,444
47$2,475,058$2,004,827$1,880,315$2,567,467
48$2,659,360$2,034,909$1,875,151$2,725,890
49$2,860,314$2,064,319$1,867,668$2,897,927
50$3,079,551$2,092,955$1,857,719$3,084,914
51$3,318,866$2,120,710$1,845,153$3,288,323
52$3,580,234$2,147,470$1,829,810$3,509,775
53$3,865,832$2,173,109$1,811,523$3,751,057
54$4,178,054$2,197,499$1,790,116$4,014,139
55$4,519,536$2,220,497$1,765,406$4,301,188
56$4,893,182$2,241,955$1,737,200$4,614,594
57$5,302,189$2,261,713$1,705,299$4,956,991
58$5,750,076$2,279,601$1,669,490$5,331,281
59$6,240,721$2,295,438$1,629,555$5,740,661
60$6,778,391$2,309,032$1,585,262$6,188,655
61$7,367,789$2,320,176$1,536,370$6,679,144
62$8,014,093$2,328,654$1,482,628$7,216,409
63$8,723,006$2,334,233$1,423,771$7,805,165
64$9,500,809$2,336,667$1,359,524$8,450,608
65$10,354,421$2,335,694$1,289,598$9,158,465
66$11,291,465$2,331,036$1,213,693$9,935,048
67$12,320,336$2,322,398$1,131,492$10,787,313
68$13,450,281$2,309,466$1,042,668$11,722,925
69$14,691,489$2,291,909$946,877$12,750,333
70$16,055,182$2,269,374$843,759$13,878,848
71$17,553,725$2,241,487$732,938$15,118,732
72$19,200,737$2,207,853$614,025$16,481,293
73$21,011,226$2,168,051$486,608$17,978,996
74$23,001,723$2,121,638$350,261$19,625,578
75$25,190,442$2,068,142$204,539$21,436,179
76$27,597,451$2,007,064$48,974$23,427,485
77$30,244,859$1,937,878$0$25,617,885
78$33,157,025$1,860,024$0$28,040,135
79$36,360,788$1,772,912$0$30,710,473
80$39,885,720$1,675,917$0$33,648,341
81$43,764,403$1,568,376$0$36,880,932
82$48,032,738$1,449,593$0$40,438,210
83$52,730,281$1,318,826$0$44,353,195
84$57,900,616$1,175,295$0$48,662,276
85$63,591,769$1,018,174$0$53,405,553
86$69,856,655$846,591$0$58,627,217
87$76,753,584$659,624$0$64,375,966
88$84,346,803$456,299$0$70,705,466
89$92,707,108$235,589$0$77,674,859
90$101,912,508$0$0$85,349,319
91$112,048,960$0$0$93,801,224
92$123,211,183$0$0$103,148,485
93$135,503,550$0$0$113,442,223
94$149,041,071$0$0$124,778,759
95$163,950,478$0$0$137,264,233
96$180,371,421$0$0$151,015,603
97$198,457,788$0$0$166,161,751
98$218,379,151$0$0$182,844,697
99$240,322,372$0$0$201,220,938
100$264,493,360$0$0$221,462,928