Can I retire at age 44 with 1,840,000?

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 $1,840,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$151,945$150,592$149,272$147,983$146,724$143,997
2 years$75,221$73,820$72,462$71,146$69,869$67,132
3 years$49,649$48,242$46,888$45,584$44,328$41,666
4 years$36,866$35,463$34,122$32,840$31,615$29,048
5 years$29,198$27,803$26,480$25,225$24,033$21,570
6 years$24,087$22,704$21,400$20,172$19,017$16,659
7 years$20,438$19,066$17,783$16,585$15,466$13,214
8 years$17,703$16,343$15,082$13,913$12,830$10,684
9 years$15,577$14,230$12,990$11,850$10,805$8,763
10 years$13,877$12,543$11,325$10,215$9,206$7,267
11 years$12,487$11,166$9,970$8,890$7,918$6,079
12 years$11,329$10,022$8,848$7,798$6,861$5,120
13 years$10,350$9,057$7,905$6,884$5,983$4,337
14 years$9,512$8,233$7,103$6,111$5,245$3,691
15 years$8,786$7,521$6,413$5,450$4,618$3,153
16 years$8,152$6,900$5,814$4,880$4,081$2,702
17 years$7,593$6,355$5,291$4,385$3,619$2,322
18 years$7,096$5,872$4,830$3,951$3,218$2,000
19 years$6,652$5,442$4,422$3,570$2,868$1,725
20 years$6,254$5,057$4,058$3,234$2,562$1,491
21 years$5,893$4,711$3,732$2,935$2,292$1,291
22 years$5,566$4,397$3,440$2,668$2,055$1,119
23 years$5,268$4,113$3,176$2,430$1,845$970
24 years$4,995$3,853$2,938$2,216$1,658$843
25 years$4,744$3,616$2,721$2,024$1,492$732
26 years$4,513$3,398$2,523$1,851$1,344$637
27 years$4,299$3,198$2,343$1,694$1,212$554
28 years$4,101$3,014$2,178$1,552$1,093$482
29 years$3,917$2,843$2,027$1,423$987$420
30 years$3,745$2,685$1,888$1,306$892$366
31 years$3,585$2,538$1,760$1,200$806$319
32 years$3,436$2,402$1,642$1,103$729$278
33 years$3,295$2,274$1,533$1,014$660$242
34 years$3,163$2,156$1,433$933$598$211
35 years$3,039$2,045$1,340$859$541$184
36 years$2,922$1,941$1,253$791$491$161
37 years$2,812$1,843$1,173$729$445$140
38 years$2,708$1,752$1,098$672$403$122
39 years$2,609$1,666$1,029$619$365$107
40 years$2,516$1,585$965$571$332$93
41 years$2,427$1,509$904$527$301$81
42 years$2,343$1,437$848$486$273$71
43 years$2,262$1,369$796$449$248$62
44 years$2,186$1,305$747$415$225$54
45 years$2,114$1,244$702$383$204$47
46 years$2,044$1,187$659$354$185$41
47 years$1,978$1,133$619$327$168$36
48 years$1,915$1,081$582$302$153$31
49 years$1,854$1,033$547$279$139$27
50 years$1,796$986$514$258$126$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,840,000, adding $2,631 every year, while hoping to spend $41,595 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: 70/5/25 Blend
43$1,840,000$1,840,000$1,840,000$1,840,000
44$2,030,394$1,932,874$1,904,354$2,159,439
45$2,193,237$1,983,328$1,923,893$2,296,614
46$2,371,297$2,034,860$1,942,693$2,441,643
47$2,566,080$2,087,479$1,960,684$2,599,426
48$2,779,248$2,141,194$1,977,795$2,771,224
49$3,012,629$2,196,010$1,993,949$2,958,429
50$3,268,237$2,251,934$2,009,066$3,162,574
51$3,548,289$2,308,971$2,023,061$3,385,347
52$3,855,227$2,367,123$2,035,846$3,628,611
53$4,191,740$2,426,392$2,047,327$3,894,415
54$4,560,792$2,486,779$2,057,406$4,185,019
55$4,965,643$2,548,282$2,065,980$4,502,914
56$5,409,888$2,610,898$2,072,940$4,850,844
57$5,897,486$2,674,620$2,078,173$5,231,832
58$6,432,796$2,739,443$2,081,558$5,649,211
59$7,020,621$2,805,355$2,082,970$6,106,652
60$7,666,252$2,872,346$2,082,277$6,608,204
61$8,375,517$2,940,398$2,079,341$7,158,325
62$9,154,838$3,009,496$2,074,017$7,761,930
63$10,011,288$3,079,618$2,066,153$8,424,435
64$10,952,659$3,150,739$2,055,589$9,151,810
65$11,987,537$3,222,832$2,042,158$9,950,632
66$13,125,380$3,295,865$2,025,684$10,828,152
67$14,376,609$3,369,803$2,005,985$11,792,359
68$15,752,706$3,444,606$1,982,868$12,852,057
69$17,266,319$3,520,229$1,956,132$14,016,951
70$18,931,387$3,596,623$1,925,565$15,297,734
71$20,763,264$3,673,733$1,890,948$16,706,193
72$22,778,870$3,751,500$1,852,048$18,255,317
73$24,996,848$3,829,856$1,808,624$19,959,420
74$27,437,737$3,908,729$1,760,423$21,834,278
75$30,124,170$3,988,040$1,707,181$23,897,277
76$33,081,084$4,067,703$1,648,620$26,167,579
77$36,335,957$4,147,623$1,584,452$28,666,300
78$39,919,066$4,227,698$1,514,372$31,416,713
79$43,863,772$4,307,817$1,438,066$34,444,465
80$48,206,838$4,387,861$1,355,201$37,777,823
81$52,988,768$4,467,699$1,265,433$41,447,937
82$58,254,197$4,547,191$1,168,400$45,489,137
83$64,052,308$4,626,186$1,063,724$49,939,259
84$70,437,296$4,704,522$951,012$54,839,998
85$77,468,880$4,782,023$829,850$60,237,306
86$85,212,865$4,858,502$699,810$66,181,824
87$93,741,765$4,933,756$560,441$72,729,364
88$103,135,484$5,007,569$411,275$79,941,432
89$113,482,072$5,079,709$251,822$87,885,810
90$124,878,556$5,149,927$81,570$96,637,200
91$137,431,852$5,217,957$0$106,277,927
92$151,259,779$5,283,514$0$116,925,423
93$166,492,165$5,346,295$0$128,677,924
94$183,272,077$5,405,974$0$141,623,990
95$201,757,167$5,462,206$0$155,885,216
96$222,121,165$5,514,620$0$171,595,595
97$244,555,510$5,562,823$0$188,902,783
98$269,271,165$5,606,394$0$207,969,492
99$296,500,603$5,644,887$0$228,975,029
100$326,500,003$5,677,825$0$252,116,983