Can I retire at age 44 with 1,830,000?

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 $1,830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$151,120$149,774$148,460$147,178$145,927$143,984
2 years$74,812$73,418$72,068$70,759$69,489$67,535
3 years$49,379$47,980$46,633$45,336$44,087$42,182
4 years$36,665$35,270$33,937$32,662$31,443$29,602
5 years$29,039$27,652$26,336$25,088$23,902$22,131
6 years$23,956$22,580$21,284$20,063$18,913$17,213
7 years$20,327$18,963$17,687$16,495$15,381$13,753
8 years$17,607$16,255$15,000$13,837$12,760$11,204
9 years$15,492$14,153$12,919$11,786$10,746$9,261
10 years$13,801$12,475$11,263$10,160$9,156$7,741
11 years$12,419$11,106$9,916$8,842$7,875$6,529
12 years$11,267$9,968$8,800$7,756$6,824$5,545
13 years$10,294$9,008$7,862$6,847$5,951$4,737
14 years$9,460$8,188$7,064$6,078$5,216$4,067
15 years$8,739$7,480$6,378$5,421$4,593$3,505
16 years$8,108$6,863$5,783$4,853$4,059$3,031
17 years$7,551$6,320$5,262$4,361$3,599$2,629
18 years$7,058$5,840$4,804$3,930$3,200$2,285
19 years$6,616$5,413$4,398$3,551$2,852$1,991
20 years$6,220$5,030$4,036$3,216$2,548$1,738
21 years$5,861$4,685$3,712$2,919$2,280$1,519
22 years$5,536$4,373$3,421$2,654$2,044$1,329
23 years$5,239$4,090$3,159$2,417$1,835$1,165
24 years$4,967$3,832$2,922$2,204$1,649$1,022
25 years$4,718$3,596$2,706$2,013$1,484$897
26 years$4,488$3,380$2,510$1,841$1,337$788
27 years$4,276$3,181$2,330$1,685$1,205$693
28 years$4,079$2,997$2,166$1,544$1,087$609
29 years$3,896$2,828$2,016$1,416$982$536
30 years$3,725$2,670$1,878$1,299$887$472
31 years$3,566$2,524$1,751$1,193$802$416
32 years$3,417$2,389$1,633$1,097$726$367
33 years$3,277$2,262$1,525$1,008$657$323
34 years$3,146$2,144$1,425$928$594$285
35 years$3,023$2,034$1,332$854$538$251
36 years$2,906$1,930$1,246$787$488$222
37 years$2,797$1,833$1,167$725$442$195
38 years$2,693$1,742$1,092$668$401$172
39 years$2,595$1,657$1,023$616$364$152
40 years$2,502$1,576$959$568$330$134
41 years$2,414$1,500$899$524$299$119
42 years$2,330$1,429$844$484$271$105
43 years$2,250$1,361$792$447$246$92
44 years$2,174$1,298$743$412$224$82
45 years$2,102$1,237$698$381$203$72
46 years$2,033$1,181$655$352$184$64
47 years$1,967$1,127$616$325$167$56
48 years$1,904$1,075$579$300$152$50
49 years$1,844$1,027$544$278$138$44
50 years$1,787$981$511$257$125$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,830,000, adding $5,674 every year, while hoping to spend $20,397 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: 80/9/11 Blend
43$1,830,000$1,830,000$1,830,000$1,830,000
44$2,022,513$1,925,523$1,897,158$2,179,989
45$2,207,107$1,998,171$1,939,010$2,356,816
46$2,409,846$2,073,696$1,981,581$2,547,582
47$2,632,559$2,152,216$2,024,873$2,756,324
48$2,877,262$2,233,856$2,068,888$2,984,830
49$3,146,174$2,318,746$2,113,627$3,235,071
50$3,441,741$2,407,022$2,159,091$3,509,215
51$3,766,658$2,498,825$2,205,280$3,809,651
52$4,123,892$2,594,303$2,252,192$4,139,011
53$4,516,716$2,693,611$2,299,827$4,500,191
54$4,948,731$2,796,908$2,348,181$4,896,383
55$5,423,908$2,904,363$2,397,252$5,331,104
56$5,946,621$3,016,151$2,447,034$5,808,225
57$6,521,689$3,132,455$2,497,522$6,332,011
58$7,154,422$3,253,466$2,548,710$6,907,161
59$7,850,670$3,379,383$2,600,590$7,538,852
60$8,616,881$3,510,416$2,653,152$8,232,784
61$9,460,157$3,646,780$2,706,386$8,995,240
62$10,388,324$3,788,703$2,760,281$9,833,138
63$11,410,006$3,936,422$2,814,824$10,754,104
64$12,534,704$4,090,185$2,869,998$11,766,535
65$13,772,890$4,250,250$2,925,789$12,879,684
66$15,136,099$4,416,887$2,982,178$14,103,746
67$16,637,045$4,590,378$3,039,144$15,449,953
68$18,289,734$4,771,017$3,096,666$16,930,679
69$20,109,603$4,959,112$3,154,720$18,559,558
70$22,113,659$5,154,986$3,213,280$20,351,613
71$24,320,645$5,358,972$3,272,317$22,323,394
72$26,751,212$5,571,423$3,331,801$24,493,139
73$29,428,117$5,792,705$3,391,698$26,880,942
74$32,376,438$6,023,200$3,451,973$29,508,941
75$35,623,807$6,263,309$3,512,586$32,401,531
76$39,200,674$6,513,450$3,573,497$35,585,593
77$43,140,594$6,774,060$3,634,660$39,090,744
78$47,480,541$7,045,596$3,696,027$42,949,619
79$52,261,260$7,328,534$3,757,548$47,198,178
80$57,527,651$7,623,374$3,819,168$51,876,045
81$63,329,189$7,930,637$3,880,828$57,026,881
82$69,720,396$8,250,868$3,942,466$62,698,797
83$76,761,353$8,584,637$4,004,015$68,944,806
84$84,518,265$8,932,539$4,065,404$75,823,324
85$93,064,092$9,295,196$4,126,558$83,398,721
86$102,479,229$9,673,261$4,187,397$91,741,927
87$112,852,271$10,067,412$4,247,837$100,931,103
88$124,280,850$10,478,362$4,307,786$111,052,376
89$136,872,549$10,906,854$4,367,149$122,200,654
90$150,745,925$11,353,666$4,425,825$134,480,517
91$166,031,626$11,819,612$4,483,707$148,007,208
92$182,873,621$12,305,543$4,540,680$162,907,720
93$201,430,563$12,812,347$4,596,625$179,321,991
94$221,877,284$13,340,955$4,651,416$197,404,227
95$244,406,445$13,892,341$4,704,917$217,324,354
96$269,230,358$14,467,521$4,756,987$239,269,627
97$296,582,986$15,067,560$4,807,477$263,446,392
98$326,722,152$15,693,572$4,856,229$290,082,032
99$359,931,975$16,346,721$4,903,077$319,427,120
100$396,525,552$17,028,226$4,947,845$351,757,774