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%13.6%
1 years$150,294$148,955$147,649$146,374$145,129$142,961
2 years$74,403$73,017$71,674$70,372$69,109$66,929
3 years$49,109$47,718$46,378$45,088$43,846$41,722
4 years$36,465$35,077$33,751$32,483$31,271$29,220
5 years$28,880$27,501$26,192$24,950$23,772$21,800
6 years$23,825$22,457$21,167$19,953$18,810$16,919
7 years$20,216$18,859$17,590$16,405$15,297$13,488
8 years$17,511$16,166$14,918$13,761$12,691$10,963
9 years$15,407$14,075$12,849$11,722$10,687$9,040
10 years$13,726$12,407$11,202$10,104$9,106$7,538
11 years$12,351$11,045$9,862$8,794$7,832$6,341
12 years$11,206$9,913$8,752$7,713$6,787$5,373
13 years$10,238$8,959$7,820$6,810$5,918$4,578
14 years$9,409$8,143$7,026$6,045$5,188$3,919
15 years$8,691$7,439$6,343$5,391$4,568$3,369
16 years$8,063$6,825$5,751$4,827$4,037$2,905
17 years$7,510$6,286$5,233$4,337$3,579$2,512
18 years$7,019$5,808$4,777$3,908$3,183$2,178
19 years$6,580$5,383$4,373$3,532$2,837$1,892
20 years$6,186$5,002$4,014$3,199$2,534$1,646
21 years$5,829$4,659$3,692$2,903$2,268$1,435
22 years$5,505$4,349$3,403$2,639$2,033$1,252
23 years$5,210$4,068$3,142$2,404$1,825$1,093
24 years$4,940$3,811$2,906$2,192$1,640$956
25 years$4,692$3,577$2,691$2,002$1,476$837
26 years$4,464$3,362$2,496$1,831$1,329$733
27 years$4,252$3,164$2,318$1,676$1,198$642
28 years$4,056$2,981$2,155$1,535$1,081$563
29 years$3,874$2,812$2,005$1,408$976$494
30 years$3,705$2,656$1,868$1,292$882$433
31 years$3,546$2,511$1,741$1,187$798$381
32 years$3,398$2,376$1,624$1,091$722$334
33 years$3,259$2,250$1,517$1,003$653$294
34 years$3,129$2,132$1,417$923$591$258
35 years$3,006$2,022$1,325$849$535$227
36 years$2,891$1,920$1,239$782$485$199
37 years$2,781$1,823$1,160$721$440$175
38 years$2,678$1,733$1,086$664$399$154
39 years$2,581$1,648$1,018$613$362$136
40 years$2,488$1,568$954$565$328$119
41 years$2,400$1,492$895$521$297$105
42 years$2,317$1,421$839$481$270$92
43 years$2,238$1,354$787$444$245$81
44 years$2,162$1,291$739$410$222$71
45 years$2,091$1,231$694$379$202$63
46 years$2,022$1,174$652$350$183$55
47 years$1,957$1,120$612$323$166$49
48 years$1,894$1,070$575$299$151$43
49 years$1,834$1,021$541$276$137$38
50 years$1,777$976$509$255$125$33

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 $2,062 every year, while hoping to spend $56,945 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: 55/35/10 Blend
43$1,820,000$1,820,000$1,820,000$1,820,000
44$2,007,767$1,911,307$1,883,097$2,113,099
45$2,151,970$1,944,372$1,885,592$2,217,702
46$2,308,974$1,977,149$1,886,261$2,325,111
47$2,480,023$2,009,563$1,884,985$2,440,704
48$2,666,488$2,041,534$1,881,635$2,565,268
49$2,869,878$2,072,978$1,876,078$2,699,674
50$3,091,853$2,103,801$1,868,174$2,844,878
51$3,334,241$2,133,907$1,857,777$3,001,939
52$3,599,054$2,163,188$1,844,733$3,172,021
53$3,888,507$2,191,533$1,828,880$3,356,408
54$4,205,037$2,218,821$1,810,051$3,556,517
55$4,551,331$2,244,923$1,788,067$3,773,911
56$4,930,344$2,269,702$1,762,745$4,010,310
57$5,345,331$2,293,010$1,733,889$4,267,615
58$5,799,879$2,314,691$1,701,298$4,547,920
59$6,297,934$2,334,578$1,664,759$4,853,536
60$6,843,844$2,352,494$1,624,050$5,187,008
61$7,442,398$2,368,248$1,578,937$5,551,146
62$8,098,870$2,381,639$1,529,179$5,949,048
63$8,819,068$2,392,453$1,474,520$6,384,129
64$9,609,391$2,400,461$1,414,695$6,860,157
65$10,476,887$2,405,422$1,349,424$7,381,285
66$11,429,318$2,407,076$1,278,419$7,952,094
67$12,475,237$2,405,151$1,201,374$8,577,637
68$13,624,063$2,399,356$1,117,972$9,263,482
69$14,886,175$2,389,381$1,027,882$10,015,773
70$16,273,005$2,374,901$930,756$10,841,284
71$17,797,147$2,355,567$826,231$11,747,483
72$19,472,476$2,331,010$713,931$12,742,606
73$21,314,281$2,300,841$593,459$13,835,733
74$23,339,400$2,264,646$464,403$15,036,880
75$25,566,391$2,221,985$326,333$16,357,086
76$28,015,695$2,172,395$178,797$17,808,525
77$30,709,837$2,115,383$21,328$19,404,620
78$33,673,632$2,050,428$0$21,160,171
79$36,934,423$1,976,980$0$23,107,150
80$40,522,337$1,894,454$0$25,251,338
81$44,470,566$1,802,234$0$27,610,350
82$48,815,686$1,699,665$0$30,206,113
83$53,597,996$1,586,058$0$33,062,800
84$58,861,898$1,460,683$0$36,207,054
85$64,656,322$1,322,766$0$39,668,246
86$71,035,178$1,171,493$0$43,478,754
87$78,057,870$1,006,000$0$47,674,266
88$85,789,856$825,377$0$52,294,119
89$94,303,262$628,661$0$57,381,676
90$103,677,565$414,836$0$62,984,735
91$114,000,341$182,827$0$69,155,981
92$125,368,091$0$0$75,953,488
93$137,887,153$0$0$83,467,648
94$151,674,703$0$0$91,820,950
95$166,859,858$0$0$101,021,237
96$183,584,901$0$0$111,154,741
97$202,006,617$0$0$122,316,487
98$222,297,773$0$0$134,611,185
99$244,648,751$0$0$148,154,223
100$269,269,342$0$0$163,072,751