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%18.2%
1 years$153,597$152,229$150,894$149,591$148,319$143,399
2 years$76,038$74,622$73,250$71,919$70,628$65,719
3 years$50,189$48,766$47,397$46,079$44,809$40,065
4 years$37,266$35,848$34,493$33,197$31,958$27,416
5 years$29,515$28,106$26,768$25,499$24,294$19,965
6 years$24,349$22,950$21,633$20,392$19,223$15,111
7 years$20,661$19,274$17,977$16,765$15,634$11,738
8 years$17,896$16,521$15,246$14,064$12,970$9,287
9 years$15,746$14,385$13,131$11,979$10,922$7,449
10 years$14,027$12,679$11,448$10,326$9,306$6,037
11 years$12,622$11,288$10,079$8,987$8,004$4,932
12 years$11,452$10,131$8,945$7,883$6,936$4,054
13 years$10,463$9,156$7,991$6,959$6,048$3,350
14 years$9,615$8,322$7,180$6,178$5,302$2,779
15 years$8,882$7,602$6,483$5,509$4,668$2,313
16 years$8,241$6,975$5,878$4,933$4,126$1,931
17 years$7,675$6,424$5,348$4,432$3,658$1,615
18 years$7,173$5,936$4,882$3,994$3,253$1,354
19 years$6,725$5,501$4,470$3,609$2,899$1,136
20 years$6,322$5,112$4,102$3,269$2,590$955
21 years$5,957$4,762$3,773$2,967$2,317$803
22 years$5,626$4,445$3,477$2,697$2,077$676
23 years$5,325$4,157$3,211$2,457$1,865$570
24 years$5,049$3,895$2,969$2,241$1,676$481
25 years$4,795$3,655$2,750$2,046$1,508$405
26 years$4,562$3,435$2,551$1,871$1,358$342
27 years$4,346$3,233$2,369$1,713$1,225$289
28 years$4,146$3,047$2,202$1,569$1,105$244
29 years$3,959$2,874$2,049$1,439$998$206
30 years$3,786$2,714$1,909$1,321$902$174
31 years$3,624$2,566$1,779$1,213$815$147
32 years$3,473$2,428$1,660$1,115$737$124
33 years$3,331$2,299$1,550$1,025$667$105
34 years$3,198$2,179$1,448$943$604$89
35 years$3,072$2,067$1,354$868$547$75
36 years$2,954$1,962$1,267$800$496$64
37 years$2,843$1,863$1,186$737$449$54
38 years$2,737$1,771$1,110$679$407$45
39 years$2,637$1,684$1,040$626$369$38
40 years$2,543$1,602$975$577$335$33
41 years$2,453$1,525$914$533$304$28
42 years$2,368$1,452$858$492$276$23
43 years$2,287$1,384$805$454$250$20
44 years$2,210$1,319$755$419$227$17
45 years$2,136$1,258$709$387$206$14
46 years$2,066$1,200$666$358$187$12
47 years$2,000$1,145$626$330$170$10
48 years$1,936$1,093$588$305$154$9
49 years$1,874$1,044$553$282$140$7
50 years$1,816$997$520$261$127$6

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 $6,518 every year, while hoping to spend $40,320 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: 62/33/5 Blend
43$1,860,000$1,860,000$1,860,000$1,860,000
44$2,056,443$1,957,863$1,929,033$2,181,936
45$2,223,300$2,010,898$1,950,756$2,319,444
46$2,405,825$2,065,181$1,971,855$2,464,144
47$2,605,574$2,120,729$1,992,266$2,621,017
48$2,824,260$2,177,562$2,011,924$2,791,238
49$3,063,768$2,235,696$2,030,757$2,976,097
50$3,326,176$2,295,149$2,048,691$3,177,016
51$3,613,771$2,355,937$2,065,648$3,395,560
52$3,929,074$2,418,076$2,081,545$3,633,452
53$4,274,858$2,481,580$2,096,296$3,892,587
54$4,654,181$2,546,465$2,109,809$4,175,055
55$5,070,408$2,612,742$2,121,988$4,483,156
56$5,527,248$2,680,425$2,132,733$4,819,421
57$6,028,784$2,749,522$2,141,936$5,186,640
58$6,579,517$2,820,046$2,149,487$5,587,885
59$7,184,401$2,892,002$2,155,269$6,026,538
60$7,848,898$2,965,398$2,159,159$6,506,327
61$8,579,022$3,040,238$2,161,027$7,031,355
62$9,381,399$3,116,527$2,160,738$7,606,144
63$10,263,328$3,194,263$2,158,149$8,235,676
64$11,232,853$3,273,448$2,153,113$8,925,437
65$12,298,833$3,354,076$2,145,471$9,681,471
66$13,471,031$3,436,142$2,135,061$10,510,437
67$14,760,200$3,519,637$2,121,710$11,419,674
68$16,178,192$3,604,551$2,105,238$12,417,262
69$17,738,060$3,690,867$2,085,457$13,512,108
70$19,454,191$3,778,568$2,062,168$14,714,024
71$21,342,433$3,867,632$2,035,165$16,033,820
72$23,420,248$3,958,033$2,004,231$17,483,408
73$25,706,879$4,049,742$1,969,138$19,075,912
74$28,223,526$4,142,725$1,929,649$20,825,795
75$30,993,549$4,236,942$1,885,516$22,748,989
76$34,042,688$4,332,349$1,836,477$24,863,053
77$37,399,304$4,428,896$1,782,262$27,187,335
78$41,094,650$4,526,529$1,722,584$29,743,152
79$45,163,161$4,625,185$1,657,147$32,553,996
80$49,642,780$4,724,796$1,585,638$35,645,753
81$54,575,319$4,825,287$1,507,733$39,046,947
82$60,006,851$4,926,574$1,423,091$42,789,010
83$65,988,141$5,028,568$1,331,355$46,906,578
84$72,575,131$5,131,168$1,232,156$51,437,821
85$79,829,465$5,234,265$1,125,103$56,424,796
86$87,819,068$5,337,742$1,009,792$61,913,853
87$96,618,791$5,441,470$885,798$67,956,067
88$106,311,115$5,545,309$752,679$74,607,720
89$116,986,927$5,649,108$609,973$81,930,836
90$128,746,383$5,752,703$457,197$89,993,763
91$141,699,848$5,855,919$293,846$98,871,819
92$155,968,937$5,958,564$119,395$108,648,006
93$171,687,669$6,060,434$0$119,413,791
94$189,003,723$6,161,307$0$131,273,530
95$208,079,838$6,260,946$0$144,341,769
96$229,095,345$6,359,096$0$158,734,568
97$252,247,862$6,455,484$0$174,586,853
98$277,755,156$6,549,815$0$192,047,311
99$305,857,202$6,641,776$0$211,279,793
100$336,818,444$6,731,030$0$232,464,861