Can I retire at age 44 with 1,850,000?

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 $1,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$152,771$151,410$150,083$148,787$147,522$144,366
2 years$75,629$74,221$72,856$71,532$70,248$67,085
3 years$49,919$48,504$47,142$45,831$44,568$41,495
4 years$37,066$35,656$34,308$33,019$31,787$28,827
5 years$29,356$27,954$26,624$25,362$24,164$21,327
6 years$24,218$22,827$21,516$20,282$19,120$16,409
7 years$20,550$19,170$17,880$16,675$15,550$12,965
8 years$17,799$16,432$15,164$13,988$12,900$10,440
9 years$15,661$14,307$13,061$11,915$10,864$8,527
10 years$13,952$12,611$11,386$10,271$9,256$7,041
11 years$12,554$11,227$10,024$8,939$7,961$5,864
12 years$11,391$10,077$8,896$7,840$6,899$4,917
13 years$10,407$9,106$7,948$6,922$6,016$4,146
14 years$9,564$8,277$7,142$6,144$5,273$3,511
15 years$8,834$7,562$6,448$5,480$4,643$2,985
16 years$8,196$6,938$5,846$4,907$4,104$2,545
17 years$7,634$6,389$5,320$4,408$3,638$2,176
18 years$7,135$5,904$4,856$3,973$3,235$1,865
19 years$6,689$5,472$4,446$3,590$2,884$1,601
20 years$6,288$5,085$4,080$3,251$2,576$1,376
21 years$5,925$4,736$3,753$2,951$2,305$1,185
22 years$5,596$4,421$3,459$2,683$2,066$1,021
23 years$5,296$4,135$3,194$2,443$1,855$881
24 years$5,022$3,874$2,953$2,229$1,667$761
25 years$4,770$3,636$2,736$2,035$1,500$657
26 years$4,537$3,417$2,537$1,861$1,351$568
27 years$4,322$3,216$2,356$1,703$1,218$492
28 years$4,123$3,030$2,190$1,561$1,099$426
29 years$3,938$2,859$2,038$1,431$993$368
30 years$3,766$2,700$1,898$1,313$897$319
31 years$3,605$2,552$1,770$1,206$811$277
32 years$3,454$2,415$1,651$1,109$733$240
33 years$3,313$2,287$1,542$1,019$664$208
34 years$3,180$2,167$1,441$938$601$180
35 years$3,056$2,056$1,347$863$544$156
36 years$2,938$1,951$1,260$795$493$135
37 years$2,827$1,853$1,179$733$447$117
38 years$2,722$1,761$1,104$675$405$102
39 years$2,623$1,675$1,035$623$367$88
40 years$2,529$1,593$970$574$333$77
41 years$2,440$1,517$909$530$302$67
42 years$2,355$1,444$853$489$274$58
43 years$2,275$1,376$800$451$249$50
44 years$2,198$1,312$751$417$226$43
45 years$2,125$1,251$705$385$205$38
46 years$2,055$1,193$663$356$186$33
47 years$1,989$1,139$622$329$169$28
48 years$1,925$1,087$585$304$154$25
49 years$1,864$1,038$550$281$140$21
50 years$1,806$992$517$259$127$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,850,000, adding $6,307 every year, while hoping to spend $26,567 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: 49/21/30 Blend
43$1,850,000$1,850,000$1,850,000$1,850,000
44$2,045,206$1,947,156$1,918,481$2,127,677
45$2,225,550$2,014,299$1,954,483$2,253,457
46$2,423,398$2,083,842$1,990,800$2,386,934
47$2,640,509$2,155,875$2,027,416$2,531,455
48$2,878,817$2,230,489$2,064,311$2,688,080
49$3,140,456$2,307,783$2,101,465$2,857,974
50$3,427,774$2,387,855$2,138,856$3,042,423
51$3,743,359$2,470,812$2,176,459$3,242,839
52$4,090,060$2,556,761$2,214,249$3,460,777
53$4,471,019$2,645,815$2,252,200$3,697,949
54$4,889,695$2,738,091$2,290,280$3,956,241
55$5,349,898$2,833,712$2,328,459$4,237,726
56$5,855,828$2,932,805$2,366,703$4,544,690
57$6,412,111$3,035,500$2,404,975$4,879,648
58$7,023,842$3,141,936$2,443,238$5,245,372
59$7,696,637$3,252,254$2,481,450$5,644,911
60$8,436,683$3,366,603$2,519,567$6,081,626
61$9,250,796$3,485,138$2,557,544$6,559,217
62$10,146,486$3,608,018$2,595,330$7,081,759
63$11,132,027$3,735,411$2,632,873$7,653,742
64$12,216,538$3,867,490$2,670,119$8,280,109
65$13,410,063$4,004,436$2,707,006$8,966,307
66$14,723,673$4,146,436$2,743,474$9,718,334
67$16,169,563$4,293,687$2,779,456$10,542,800
68$17,761,172$4,446,391$2,814,881$11,446,984
69$19,513,308$4,604,761$2,849,676$12,438,905
70$21,442,288$4,769,016$2,883,762$13,527,400
71$23,566,090$4,939,387$2,917,057$14,722,200
72$25,904,525$5,116,111$2,949,473$16,034,030
73$28,479,424$5,299,438$2,980,918$17,474,703
74$31,314,841$5,489,626$3,011,294$19,057,235
75$34,437,281$5,686,944$3,040,499$20,795,967
76$37,875,953$5,891,673$3,068,424$22,706,697
77$41,663,040$6,104,105$3,094,957$24,806,835
78$45,834,008$6,324,544$3,119,976$27,115,561
79$50,427,937$6,553,307$3,143,355$29,654,008
80$55,487,890$6,790,723$3,164,961$32,445,461
81$61,061,323$7,037,136$3,184,655$35,515,577
82$67,200,526$7,292,904$3,202,289$38,892,626
83$73,963,123$7,558,399$3,217,709$42,607,757
84$81,412,611$7,834,011$3,230,752$46,695,293
85$89,618,962$8,120,142$3,241,247$51,193,055
86$98,659,282$8,417,215$3,249,015$56,142,714
87$108,618,540$8,725,670$3,253,868$61,590,191
88$119,590,366$9,045,962$3,255,607$67,586,085
89$131,677,939$9,378,571$3,254,026$74,186,150
90$144,994,960$9,723,992$3,248,907$81,451,826
91$159,666,722$10,082,743$3,240,021$89,450,811
92$175,831,295$10,455,365$3,227,130$98,257,706
93$193,640,829$10,842,420$3,209,981$107,954,715
94$213,262,991$11,244,496$3,188,312$118,632,421
95$234,882,543$11,662,203$3,161,847$130,390,645
96$258,703,091$12,096,180$3,130,298$143,339,378
97$284,949,005$12,547,091$3,093,361$157,599,830
98$313,867,535$13,015,630$3,050,721$173,305,566
99$345,731,148$13,502,520$3,002,044$190,603,769
100$380,840,096$14,008,515$2,946,984$209,656,627