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%19.8%
1 years$151,945$150,592$149,272$147,983$146,724$140,958
2 years$75,221$73,820$72,462$71,146$69,869$64,130
3 years$49,649$48,242$46,888$45,584$44,328$38,797
4 years$36,866$35,463$34,122$32,840$31,615$26,335
5 years$29,198$27,803$26,480$25,225$24,033$19,017
6 years$24,087$22,704$21,400$20,172$19,017$14,267
7 years$20,438$19,066$17,783$16,585$15,466$10,981
8 years$17,703$16,343$15,082$13,913$12,830$8,607
9 years$15,577$14,230$12,990$11,850$10,805$6,836
10 years$13,877$12,543$11,325$10,215$9,206$5,484
11 years$12,487$11,166$9,970$8,890$7,918$4,434
12 years$11,329$10,022$8,848$7,798$6,861$3,606
13 years$10,350$9,057$7,905$6,884$5,983$2,947
14 years$9,512$8,233$7,103$6,111$5,245$2,418
15 years$8,786$7,521$6,413$5,450$4,618$1,990
16 years$8,152$6,900$5,814$4,880$4,081$1,642
17 years$7,593$6,355$5,291$4,385$3,619$1,357
18 years$7,096$5,872$4,830$3,951$3,218$1,124
19 years$6,652$5,442$4,422$3,570$2,868$932
20 years$6,254$5,057$4,058$3,234$2,562$774
21 years$5,893$4,711$3,732$2,935$2,292$643
22 years$5,566$4,397$3,440$2,668$2,055$534
23 years$5,268$4,113$3,176$2,430$1,845$445
24 years$4,995$3,853$2,938$2,216$1,658$370
25 years$4,744$3,616$2,721$2,024$1,492$308
26 years$4,513$3,398$2,523$1,851$1,344$257
27 years$4,299$3,198$2,343$1,694$1,212$214
28 years$4,101$3,014$2,178$1,552$1,093$179
29 years$3,917$2,843$2,027$1,423$987$149
30 years$3,745$2,685$1,888$1,306$892$124
31 years$3,585$2,538$1,760$1,200$806$104
32 years$3,436$2,402$1,642$1,103$729$86
33 years$3,295$2,274$1,533$1,014$660$72
34 years$3,163$2,156$1,433$933$598$60
35 years$3,039$2,045$1,340$859$541$50
36 years$2,922$1,941$1,253$791$491$42
37 years$2,812$1,843$1,173$729$445$35
38 years$2,708$1,752$1,098$672$403$29
39 years$2,609$1,666$1,029$619$365$24
40 years$2,516$1,585$965$571$332$20
41 years$2,427$1,509$904$527$301$17
42 years$2,343$1,437$848$486$273$14
43 years$2,262$1,369$796$449$248$12
44 years$2,186$1,305$747$415$225$10
45 years$2,114$1,244$702$383$204$8
46 years$2,044$1,187$659$354$185$7
47 years$1,978$1,133$619$327$168$6
48 years$1,915$1,081$582$302$153$5
49 years$1,854$1,033$547$279$139$4
50 years$1,796$986$514$258$126$3

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 $2,517 every year, while hoping to spend $52,794 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: 45/41/14 Blend
43$1,840,000$1,840,000$1,840,000$1,840,000
44$2,030,276$1,932,756$1,904,236$2,113,414
45$2,181,192$1,971,289$1,911,856$2,210,081
46$2,345,732$2,009,940$1,917,961$2,309,309
47$2,525,229$2,048,660$1,922,446$2,415,753
48$2,721,153$2,087,395$1,925,198$2,530,102
49$2,935,119$2,126,086$1,926,101$2,653,116
50$3,168,907$2,164,669$1,925,030$2,785,632
51$3,424,474$2,203,077$1,921,858$2,928,574
52$3,703,978$2,241,235$1,916,448$3,082,959
53$4,009,793$2,279,065$1,908,658$3,249,912
54$4,344,533$2,316,481$1,898,339$3,430,669
55$4,711,078$2,353,391$1,885,336$3,626,597
56$5,112,598$2,389,696$1,869,484$3,839,202
57$5,552,583$2,425,292$1,850,613$4,070,146
58$6,034,880$2,460,065$1,828,542$4,321,260
59$6,563,724$2,493,894$1,803,083$4,594,566
60$7,143,777$2,526,648$1,774,041$4,892,293
61$7,780,179$2,558,190$1,741,207$5,216,899
62$8,478,587$2,588,372$1,704,368$5,571,096
63$9,245,235$2,617,034$1,663,296$5,957,873
64$10,086,989$2,644,009$1,617,757$6,380,530
65$11,011,412$2,669,115$1,567,502$6,842,703
66$12,026,836$2,692,162$1,512,273$7,348,406
67$13,142,440$2,712,944$1,451,800$7,902,062
68$14,368,334$2,731,244$1,385,801$8,508,551
69$15,715,659$2,746,829$1,313,980$9,173,256
70$17,196,686$2,759,454$1,236,028$9,902,112
71$18,824,935$2,768,855$1,151,623$10,701,663
72$20,615,303$2,774,753$1,060,427$11,579,128
73$22,584,201$2,776,853$962,088$12,542,468
74$24,749,709$2,774,839$856,237$13,600,460
75$27,131,750$2,768,376$742,492$14,762,784
76$29,752,273$2,757,111$620,449$16,040,115
77$32,635,461$2,740,665$489,690$17,444,222
78$35,807,960$2,718,640$349,778$18,988,085
79$39,299,130$2,690,612$200,254$20,686,015
80$43,141,321$2,656,131$40,641$22,553,793
81$47,370,176$2,614,722$0$24,608,816
82$52,024,970$2,565,880$0$26,889,645
83$57,148,979$2,509,069$0$29,405,795
84$62,789,887$2,443,726$0$32,174,592
85$69,000,236$2,369,249$0$35,221,833
86$75,837,923$2,285,005$0$38,575,957
87$83,366,743$2,190,322$0$42,268,310
88$91,656,994$2,084,491$0$46,333,446
89$100,786,135$1,966,759$0$50,809,455
90$110,839,523$1,836,333$0$55,738,323
91$121,911,213$1,692,372$0$61,166,329
92$134,104,846$1,533,987$0$67,144,486
93$147,534,628$1,360,240$0$73,729,026
94$162,326,407$1,170,139$0$80,981,928
95$178,618,860$962,635$0$88,971,511
96$196,564,801$736,621$0$97,773,080
97$216,332,622$490,927$0$107,469,635
98$238,107,884$224,318$0$118,152,665
99$262,095,068$0$0$129,923,009
100$288,519,500$0$0$142,920,920