Can I retire at age 44 with 2,000,000?

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 $2,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$165,158$163,687$162,252$160,851$159,483$157,555
2 years$81,761$80,239$78,763$77,332$75,944$74,004
3 years$53,966$52,437$50,965$49,547$48,182$46,290
4 years$40,071$38,547$37,089$35,696$34,364$32,535
5 years$31,737$30,221$28,783$27,418$26,123$24,361
6 years$26,182$24,678$23,261$21,926$20,670$18,979
7 years$22,216$20,724$19,330$18,027$16,810$15,190
8 years$19,243$17,765$16,393$15,122$13,946$12,395
9 years$16,931$15,467$14,120$12,881$11,744$10,264
10 years$15,083$13,634$12,310$11,103$10,007$8,595
11 years$13,572$12,137$10,837$9,663$8,606$7,262
12 years$12,314$10,894$9,618$8,476$7,458$6,180
13 years$11,250$9,845$8,593$7,483$6,503$5,290
14 years$10,339$8,949$7,721$6,643$5,701$4,550
15 years$9,550$8,175$6,971$5,924$5,020$3,930
16 years$8,861$7,500$6,320$5,304$4,436$3,406
17 years$8,253$6,907$5,751$4,766$3,934$2,960
18 years$7,713$6,383$5,250$4,295$3,497$2,579
19 years$7,231$5,915$4,806$3,881$3,117$2,251
20 years$6,797$5,497$4,411$3,515$2,785$1,969
21 years$6,406$5,120$4,057$3,190$2,492$1,725
22 years$6,050$4,779$3,739$2,900$2,234$1,513
23 years$5,726$4,470$3,452$2,642$2,005$1,329
24 years$5,429$4,188$3,193$2,409$1,802$1,169
25 years$5,156$3,930$2,957$2,200$1,622$1,028
26 years$4,905$3,694$2,743$2,012$1,461$906
27 years$4,673$3,476$2,547$1,841$1,317$798
28 years$4,458$3,276$2,368$1,687$1,188$704
29 years$4,258$3,090$2,203$1,547$1,073$621
30 years$4,071$2,919$2,052$1,420$970$548
31 years$3,897$2,759$1,913$1,304$877$484
32 years$3,734$2,611$1,785$1,198$793$427
33 years$3,582$2,472$1,667$1,102$718$378
34 years$3,438$2,343$1,557$1,014$650$334
35 years$3,304$2,222$1,456$933$588$295
36 years$3,176$2,109$1,362$860$533$261
37 years$3,057$2,003$1,275$792$483$231
38 years$2,943$1,904$1,194$730$438$204
39 years$2,836$1,811$1,119$673$397$181
40 years$2,734$1,723$1,048$621$360$160
41 years$2,638$1,640$983$573$327$141
42 years$2,546$1,562$922$529$297$125
43 years$2,459$1,488$865$488$269$111
44 years$2,376$1,418$812$451$244$98
45 years$2,297$1,352$763$416$222$87
46 years$2,222$1,290$716$384$201$77
47 years$2,150$1,231$673$355$183$68
48 years$2,081$1,175$632$328$166$60
49 years$2,016$1,122$594$303$151$53
50 years$1,953$1,072$559$280$137$47

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $2,000,000, adding $3,031 every year, while hoping to spend $39,669 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: 79/12/9 Blend
43$2,000,000$2,000,000$2,000,000$2,000,000
44$2,207,126$2,101,126$2,070,126$2,378,243
45$2,390,046$2,161,874$2,097,268$2,551,717
46$2,590,294$2,224,269$2,123,990$2,736,507
47$2,809,595$2,288,350$2,150,235$2,938,057
48$3,049,851$2,354,156$2,175,945$3,158,020
49$3,313,153$2,421,727$2,201,057$3,398,218
50$3,601,807$2,491,104$2,225,505$3,660,657
51$3,918,352$2,562,328$2,249,219$3,947,545
52$4,265,582$2,635,441$2,272,126$4,261,314
53$4,646,578$2,710,484$2,294,149$4,604,644
54$5,064,732$2,787,501$2,315,206$4,980,486
55$5,523,780$2,866,534$2,335,211$5,392,091
56$6,027,837$2,947,626$2,354,072$5,843,038
57$6,581,439$3,030,822$2,371,696$6,337,272
58$7,189,579$3,116,165$2,387,981$6,879,136
59$7,857,759$3,203,700$2,402,821$7,473,418
60$8,592,041$3,293,473$2,416,107$8,125,390
61$9,399,103$3,385,527$2,427,720$8,840,859
62$10,286,302$3,479,907$2,437,539$9,626,226
63$11,261,742$3,576,660$2,445,434$10,488,540
64$12,334,354$3,675,831$2,451,270$11,435,568
65$13,513,975$3,777,464$2,454,904$12,475,869
66$14,811,446$3,881,604$2,456,189$13,618,871
67$16,238,708$3,988,298$2,454,966$14,874,962
68$17,808,921$4,097,589$2,451,072$16,255,588
69$19,536,582$4,209,522$2,444,334$17,773,362
70$21,437,666$4,324,141$2,434,572$19,442,178
71$23,529,774$4,441,490$2,421,596$21,277,348
72$25,832,298$4,561,611$2,405,207$23,295,743
73$28,366,609$4,684,546$2,385,197$25,515,952
74$31,156,251$4,810,336$2,361,349$27,958,458
75$34,227,168$4,939,022$2,333,434$30,645,832
76$37,607,947$5,070,643$2,301,213$33,602,944
77$41,330,089$5,205,235$2,264,434$36,857,199
78$45,428,303$5,342,836$2,222,837$40,438,794
79$49,940,834$5,483,479$2,176,146$44,381,006
80$54,909,827$5,627,198$2,124,075$48,720,501
81$60,381,720$5,774,022$2,066,323$53,497,685
82$66,407,687$5,923,980$2,002,576$58,757,081
83$73,044,113$6,077,097$1,932,504$64,547,753
84$80,353,134$6,233,396$1,855,765$70,923,764
85$88,403,219$6,392,898$1,771,998$77,944,692
86$97,269,816$6,555,618$1,680,828$85,676,188
87$107,036,063$6,721,570$1,581,862$94,190,597
88$117,793,577$6,890,762$1,474,690$103,567,640
89$129,643,312$7,063,199$1,358,882$113,895,169
90$142,696,516$7,238,882$1,233,991$125,269,991
91$157,075,778$7,417,805$1,099,548$137,798,787
92$172,916,189$7,599,959$955,063$151,599,117
93$190,366,609$7,785,326$800,027$166,800,529
94$209,591,081$7,973,885$633,906$183,545,781
95$230,770,372$8,165,606$456,143$201,992,191
96$254,103,683$8,360,453$266,156$222,313,121
97$279,810,525$8,558,382$63,339$244,699,612
98$308,132,795$8,759,339$0$269,362,190
99$339,337,057$8,963,264$0$296,547,553
100$373,717,058$9,170,084$0$326,504,104