Can I retire at age 44 with 1,860,000?

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 $1,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$153,597$152,229$150,894$149,591$148,319$147,261
2 years$76,038$74,622$73,250$71,919$70,628$69,561
3 years$50,189$48,766$47,397$46,079$44,809$43,767
4 years$37,266$35,848$34,493$33,197$31,958$30,948
5 years$29,515$28,106$26,768$25,499$24,294$23,319
6 years$24,349$22,950$21,633$20,392$19,223$18,284
7 years$20,661$19,274$17,977$16,765$15,634$14,732
8 years$17,896$16,521$15,246$14,064$12,970$12,104
9 years$15,746$14,385$13,131$11,979$10,922$10,094
10 years$14,027$12,679$11,448$10,326$9,306$8,514
11 years$12,622$11,288$10,079$8,987$8,004$7,247
12 years$11,452$10,131$8,945$7,883$6,936$6,214
13 years$10,463$9,156$7,991$6,959$6,048$5,361
14 years$9,615$8,322$7,180$6,178$5,302$4,648
15 years$8,882$7,602$6,483$5,509$4,668$4,047
16 years$8,241$6,975$5,878$4,933$4,126$3,536
17 years$7,675$6,424$5,348$4,432$3,658$3,099
18 years$7,173$5,936$4,882$3,994$3,253$2,723
19 years$6,725$5,501$4,470$3,609$2,899$2,398
20 years$6,322$5,112$4,102$3,269$2,590$2,116
21 years$5,957$4,762$3,773$2,967$2,317$1,870
22 years$5,626$4,445$3,477$2,697$2,077$1,656
23 years$5,325$4,157$3,211$2,457$1,865$1,467
24 years$5,049$3,895$2,969$2,241$1,676$1,302
25 years$4,795$3,655$2,750$2,046$1,508$1,157
26 years$4,562$3,435$2,551$1,871$1,358$1,028
27 years$4,346$3,233$2,369$1,713$1,225$915
28 years$4,146$3,047$2,202$1,569$1,105$814
29 years$3,959$2,874$2,049$1,439$998$726
30 years$3,786$2,714$1,909$1,321$902$647
31 years$3,624$2,566$1,779$1,213$815$577
32 years$3,473$2,428$1,660$1,115$737$514
33 years$3,331$2,299$1,550$1,025$667$459
34 years$3,198$2,179$1,448$943$604$410
35 years$3,072$2,067$1,354$868$547$366
36 years$2,954$1,962$1,267$800$496$327
37 years$2,843$1,863$1,186$737$449$292
38 years$2,737$1,771$1,110$679$407$261
39 years$2,637$1,684$1,040$626$369$233
40 years$2,543$1,602$975$577$335$209
41 years$2,453$1,525$914$533$304$187
42 years$2,368$1,452$858$492$276$167
43 years$2,287$1,384$805$454$250$149
44 years$2,210$1,319$755$419$227$133
45 years$2,136$1,258$709$387$206$119
46 years$2,066$1,200$666$358$187$107
47 years$2,000$1,145$626$330$170$96
48 years$1,936$1,093$588$305$154$85
49 years$1,874$1,044$553$282$140$76
50 years$1,816$997$520$261$127$68

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,860,000, adding $5,941 every year, while hoping to spend $44,187 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: 36/35/29 Blend
43$1,860,000$1,860,000$1,860,000$1,860,000
44$2,055,848$1,957,268$1,928,438$2,111,799
45$2,218,530$2,006,160$1,946,026$2,202,939
46$2,396,325$2,055,966$1,962,722$2,296,859
47$2,590,726$2,106,685$1,978,450$2,397,414
48$2,803,382$2,158,314$1,993,130$2,505,234
49$3,036,102$2,210,847$2,006,675$2,621,010
50$3,290,884$2,264,277$2,018,998$2,745,504
51$3,569,924$2,318,597$2,030,004$2,879,556
52$3,875,642$2,373,794$2,039,595$3,024,095
53$4,210,703$2,429,856$2,047,668$3,180,140
54$4,578,043$2,486,766$2,054,112$3,348,818
55$4,980,893$2,544,508$2,058,815$3,531,370
56$5,422,815$2,603,060$2,061,656$3,729,166
57$5,907,729$2,662,397$2,062,509$3,943,716
58$6,439,957$2,722,493$2,061,242$4,176,682
59$7,024,255$2,783,318$2,057,716$4,429,901
60$7,665,865$2,844,837$2,051,786$4,705,395
61$8,370,561$2,907,012$2,043,299$5,005,396
62$9,144,704$2,969,801$2,032,095$5,332,364
63$9,995,300$3,033,158$2,018,006$5,689,011
64$10,930,069$3,097,031$2,000,858$6,078,328
65$11,957,515$3,161,364$1,980,465$6,503,614
66$13,087,006$3,226,096$1,956,636$6,968,505
67$14,328,865$3,291,159$1,929,167$7,477,011
68$15,694,464$3,356,480$1,897,849$8,033,554
69$17,196,331$3,421,979$1,862,459$8,643,008
70$18,848,272$3,487,571$1,822,766$9,310,749
71$20,665,494$3,553,161$1,778,527$10,042,705
72$22,664,757$3,618,647$1,729,490$10,845,409
73$24,864,522$3,683,922$1,675,388$11,726,068
74$27,285,135$3,748,865$1,615,945$12,692,626
75$29,949,009$3,813,350$1,550,870$13,753,841
76$32,880,844$3,877,240$1,479,859$14,919,372
77$36,107,852$3,940,387$1,402,597$16,199,864
78$39,660,020$4,002,633$1,318,751$17,607,058
79$43,570,388$4,063,807$1,227,975$19,153,895
80$47,875,362$4,123,728$1,129,906$20,854,642
81$52,615,059$4,182,201$1,024,168$22,725,030
82$57,833,681$4,239,015$910,364$24,782,400
83$63,579,937$4,293,948$788,082$27,045,870
84$69,907,499$4,346,760$656,891$29,536,517
85$76,875,509$4,397,195$516,341$32,277,573
86$84,549,134$4,444,981$365,963$35,294,654
87$93,000,188$4,489,828$205,264$38,615,993
88$102,307,801$4,531,423$33,734$42,272,717
89$112,559,171$4,569,437$0$46,299,138
90$123,850,383$4,603,516$0$50,779,282
91$136,287,320$4,633,286$0$55,722,782
92$149,986,657$4,658,347$0$61,165,327
93$165,076,964$4,678,274$0$67,157,768
94$181,699,919$4,692,615$0$73,756,143
95$200,011,648$4,700,889$0$81,022,211
96$220,184,189$4,702,587$0$89,024,036
97$242,407,128$4,697,165$0$97,836,629
98$266,889,378$4,684,049$0$107,542,657
99$293,861,153$4,662,626$0$118,233,225
100$323,576,145$4,632,249$0$130,008,737