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

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 $1,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$153,597$152,229$150,894$149,591$148,319$143,686
2 years$76,038$74,622$73,250$71,919$70,628$66,002
3 years$50,189$48,766$47,397$46,079$44,809$40,335
4 years$37,266$35,848$34,493$33,197$31,958$27,670
5 years$29,515$28,106$26,768$25,499$24,294$20,203
6 years$24,349$22,950$21,633$20,392$19,223$15,333
7 years$20,661$19,274$17,977$16,765$15,634$11,945
8 years$17,896$16,521$15,246$14,064$12,970$9,479
9 years$15,746$14,385$13,131$11,979$10,922$7,626
10 years$14,027$12,679$11,448$10,326$9,306$6,200
11 years$12,622$11,288$10,079$8,987$8,004$5,081
12 years$11,452$10,131$8,945$7,883$6,936$4,191
13 years$10,463$9,156$7,991$6,959$6,048$3,475
14 years$9,615$8,322$7,180$6,178$5,302$2,893
15 years$8,882$7,602$6,483$5,509$4,668$2,416
16 years$8,241$6,975$5,878$4,933$4,126$2,024
17 years$7,675$6,424$5,348$4,432$3,658$1,699
18 years$7,173$5,936$4,882$3,994$3,253$1,429
19 years$6,725$5,501$4,470$3,609$2,899$1,204
20 years$6,322$5,112$4,102$3,269$2,590$1,016
21 years$5,957$4,762$3,773$2,967$2,317$858
22 years$5,626$4,445$3,477$2,697$2,077$725
23 years$5,325$4,157$3,211$2,457$1,865$614
24 years$5,049$3,895$2,969$2,241$1,676$519
25 years$4,795$3,655$2,750$2,046$1,508$440
26 years$4,562$3,435$2,551$1,871$1,358$373
27 years$4,346$3,233$2,369$1,713$1,225$316
28 years$4,146$3,047$2,202$1,569$1,105$268
29 years$3,959$2,874$2,049$1,439$998$227
30 years$3,786$2,714$1,909$1,321$902$193
31 years$3,624$2,566$1,779$1,213$815$164
32 years$3,473$2,428$1,660$1,115$737$139
33 years$3,331$2,299$1,550$1,025$667$118
34 years$3,198$2,179$1,448$943$604$100
35 years$3,072$2,067$1,354$868$547$85
36 years$2,954$1,962$1,267$800$496$72
37 years$2,843$1,863$1,186$737$449$61
38 years$2,737$1,771$1,110$679$407$52
39 years$2,637$1,684$1,040$626$369$44
40 years$2,543$1,602$975$577$335$38
41 years$2,453$1,525$914$533$304$32
42 years$2,368$1,452$858$492$276$27
43 years$2,287$1,384$805$454$250$23
44 years$2,210$1,319$755$419$227$20
45 years$2,136$1,258$709$387$206$17
46 years$2,066$1,200$666$358$187$14
47 years$2,000$1,145$626$330$170$12
48 years$1,936$1,093$588$305$154$10
49 years$1,874$1,044$553$282$140$9
50 years$1,816$997$520$261$127$7

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 $2,775 every year, while hoping to spend $28,521 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: 80/6/14 Blend
43$1,860,000$1,860,000$1,860,000$1,860,000
44$2,052,582$1,954,002$1,925,172$2,210,839
45$2,231,600$2,019,402$1,959,320$2,380,681
46$2,427,921$2,087,051$1,993,655$2,563,069
47$2,643,281$2,157,029$2,028,154$2,762,414
48$2,879,590$2,229,418$2,062,792$2,980,404
49$3,138,954$2,304,305$2,097,542$3,218,894
50$3,423,691$2,381,780$2,132,373$3,479,930
51$3,736,355$2,461,934$2,167,255$3,765,766
52$4,079,759$2,544,865$2,202,154$4,078,883
53$4,457,003$2,630,672$2,237,034$4,422,015
54$4,871,500$2,719,458$2,271,858$4,798,172
55$5,327,013$2,811,331$2,306,585$5,210,672
56$5,827,684$2,906,402$2,341,171$5,663,168
57$6,378,080$3,004,787$2,375,572$6,159,687
58$6,983,228$3,106,606$2,409,738$6,704,661
59$7,648,672$3,211,984$2,443,618$7,302,978
60$8,380,515$3,321,050$2,477,158$7,960,020
61$9,185,483$3,433,937$2,510,299$8,681,717
62$10,070,989$3,550,786$2,542,980$9,474,602
63$11,045,196$3,671,741$2,575,137$10,345,873
64$12,117,102$3,796,953$2,606,700$11,303,462
65$13,296,620$3,926,576$2,637,597$12,356,107
66$14,594,670$4,060,774$2,667,752$13,513,437
67$16,023,289$4,199,714$2,697,084$14,786,059
68$17,595,735$4,343,571$2,725,507$16,185,664
69$19,326,620$4,492,526$2,752,931$17,725,129
70$21,232,043$4,646,767$2,779,262$19,418,647
71$23,329,743$4,806,491$2,804,400$21,281,856
72$25,639,268$4,971,900$2,828,238$23,331,984
73$28,182,156$5,143,206$2,850,667$25,588,018
74$30,982,141$5,320,628$2,871,569$28,070,879
75$34,065,375$5,504,394$2,890,822$30,803,620
76$37,460,674$5,694,741$2,908,296$33,811,641
77$41,199,794$5,891,914$2,923,855$37,122,933
78$45,317,725$6,096,170$2,937,356$40,768,341
79$49,853,025$6,307,775$2,948,650$44,781,851
80$54,848,182$6,527,004$2,957,578$49,200,917
81$60,350,015$6,754,145$2,963,975$54,066,807
82$66,410,115$6,989,497$2,967,666$59,424,998
83$73,085,334$7,233,369$2,968,470$65,325,606
84$80,438,318$7,486,085$2,966,195$71,823,851
85$88,538,103$7,747,979$2,960,639$78,980,587
86$97,460,761$8,019,402$2,951,592$86,862,871
87$107,290,121$8,300,715$2,938,832$95,544,599
88$118,118,559$8,592,296$2,922,129$105,107,199
89$130,047,871$8,894,536$2,901,239$115,640,404
90$143,190,230$9,207,845$2,875,907$127,243,097
91$157,669,251$9,532,647$2,845,867$140,024,242
92$173,621,151$9,869,383$2,810,839$154,103,918
93$191,196,038$10,218,512$2,770,532$169,614,447
94$210,559,328$10,580,513$2,724,639$186,701,646
95$231,893,304$10,955,883$2,672,839$205,526,200
96$255,398,839$11,345,139$2,614,797$226,265,183
97$281,297,289$11,748,820$2,550,162$249,113,727
98$309,832,586$12,167,486$2,478,566$274,286,865
99$341,273,537$12,601,720$2,399,625$302,021,557
100$375,916,363$13,052,130$2,312,938$332,578,934