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%16.5%
1 years$165,158$163,687$162,252$160,851$159,483$155,250
2 years$81,761$80,239$78,763$77,332$75,944$71,709
3 years$53,966$52,437$50,965$49,547$48,182$44,077
4 years$40,071$38,547$37,089$35,696$34,364$30,421
5 years$31,737$30,221$28,783$27,418$26,123$22,353
6 years$26,182$24,678$23,261$21,926$20,670$17,076
7 years$22,216$20,724$19,330$18,027$16,810$13,393
8 years$19,243$17,765$16,393$15,122$13,946$10,704
9 years$16,931$15,467$14,120$12,881$11,744$8,674
10 years$15,083$13,634$12,310$11,103$10,007$7,105
11 years$13,572$12,137$10,837$9,663$8,606$5,868
12 years$12,314$10,894$9,618$8,476$7,458$4,879
13 years$11,250$9,845$8,593$7,483$6,503$4,078
14 years$10,339$8,949$7,721$6,643$5,701$3,423
15 years$9,550$8,175$6,971$5,924$5,020$2,884
16 years$8,861$7,500$6,320$5,304$4,436$2,436
17 years$8,253$6,907$5,751$4,766$3,934$2,064
18 years$7,713$6,383$5,250$4,295$3,497$1,751
19 years$7,231$5,915$4,806$3,881$3,117$1,489
20 years$6,797$5,497$4,411$3,515$2,785$1,268
21 years$6,406$5,120$4,057$3,190$2,492$1,080
22 years$6,050$4,779$3,739$2,900$2,234$922
23 years$5,726$4,470$3,452$2,642$2,005$787
24 years$5,429$4,188$3,193$2,409$1,802$673
25 years$5,156$3,930$2,957$2,200$1,622$575
26 years$4,905$3,694$2,743$2,012$1,461$492
27 years$4,673$3,476$2,547$1,841$1,317$422
28 years$4,458$3,276$2,368$1,687$1,188$361
29 years$4,258$3,090$2,203$1,547$1,073$309
30 years$4,071$2,919$2,052$1,420$970$265
31 years$3,897$2,759$1,913$1,304$877$227
32 years$3,734$2,611$1,785$1,198$793$195
33 years$3,582$2,472$1,667$1,102$718$167
34 years$3,438$2,343$1,557$1,014$650$143
35 years$3,304$2,222$1,456$933$588$123
36 years$3,176$2,109$1,362$860$533$105
37 years$3,057$2,003$1,275$792$483$90
38 years$2,943$1,904$1,194$730$438$78
39 years$2,836$1,811$1,119$673$397$67
40 years$2,734$1,723$1,048$621$360$57
41 years$2,638$1,640$983$573$327$49
42 years$2,546$1,562$922$529$297$42
43 years$2,459$1,488$865$488$269$36
44 years$2,376$1,418$812$451$244$31
45 years$2,297$1,352$763$416$222$27
46 years$2,222$1,290$716$384$201$23
47 years$2,150$1,231$673$355$183$20
48 years$2,081$1,175$632$328$166$17
49 years$2,016$1,122$594$303$151$14
50 years$1,953$1,072$559$280$137$12

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 $2,633 every year, while hoping to spend $36,039 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: 59/32/9 Blend
43$2,000,000$2,000,000$2,000,000$2,000,000
44$2,206,716$2,100,716$2,069,716$2,332,231
45$2,393,456$2,165,306$2,100,706$2,481,449
46$2,598,035$2,231,853$2,131,527$2,639,763
47$2,822,236$2,300,414$2,162,134$2,811,493
48$3,068,020$2,371,051$2,192,481$2,997,932
49$3,337,548$2,443,822$2,222,519$3,200,501
50$3,633,200$2,518,792$2,252,197$3,420,762
51$3,957,599$2,596,025$2,281,458$3,660,438
52$4,313,632$2,675,588$2,310,244$3,921,423
53$4,704,479$2,757,548$2,338,493$4,205,803
54$5,133,644$2,841,977$2,366,142$4,515,872
55$5,604,987$2,928,946$2,393,119$4,854,159
56$6,122,761$3,018,529$2,419,353$5,223,447
57$6,691,648$3,110,802$2,444,768$5,626,798
58$7,316,810$3,205,845$2,469,281$6,067,588
59$8,003,930$3,303,737$2,492,807$6,549,531
60$8,759,272$3,404,561$2,515,257$7,076,719
61$9,589,735$3,508,402$2,536,536$7,653,658
62$10,502,922$3,615,348$2,556,544$8,285,311
63$11,507,207$3,725,487$2,575,175$8,977,143
64$12,611,819$3,838,912$2,592,320$9,735,175
65$13,826,923$3,955,718$2,607,861$10,566,038
66$15,163,722$4,076,001$2,621,678$11,477,037
67$16,634,558$4,199,861$2,633,640$12,476,218
68$18,253,030$4,327,401$2,643,614$13,572,445
69$20,034,120$4,458,725$2,651,456$14,775,481
70$21,994,340$4,593,942$2,657,019$16,096,084
71$24,151,878$4,733,161$2,660,145$17,546,103
72$26,526,781$4,876,497$2,660,671$19,138,595
73$29,141,133$5,024,065$2,658,424$20,887,941
74$32,019,270$5,175,986$2,653,223$22,809,988
75$35,188,009$5,332,383$2,644,879$24,922,196
76$38,676,895$5,493,379$2,633,192$27,243,798
77$42,518,490$5,659,106$2,617,955$29,795,989
78$46,748,668$5,829,694$2,598,949$32,602,118
79$51,406,963$6,005,280$2,575,944$35,687,915
80$56,536,937$6,186,003$2,548,702$39,081,726
81$62,186,592$6,372,004$2,516,971$42,814,786
82$68,408,823$6,563,431$2,480,488$46,921,512
83$75,261,916$6,760,432$2,438,978$51,439,824
84$82,810,099$6,963,161$2,392,151$56,411,508
85$91,124,149$7,171,776$2,339,708$61,882,606
86$100,282,055$7,386,435$2,281,331$67,903,850
87$110,369,760$7,607,306$2,216,691$74,531,143
88$121,481,967$7,834,555$2,145,441$81,826,084
89$133,723,035$8,068,357$2,067,222$89,856,550
90$147,207,965$8,308,886$1,981,654$98,697,337
91$162,063,481$8,556,325$1,888,342$108,430,861
92$178,429,229$8,810,858$1,786,875$119,147,944
93$196,459,094$9,072,674$1,676,819$130,948,660
94$216,322,653$9,341,967$1,557,724$143,943,290
95$238,206,774$9,618,934$1,429,119$158,253,353
96$262,317,381$9,903,777$1,290,510$174,012,761
97$288,881,396$10,196,704$1,141,383$191,369,073
98$318,148,880$10,497,924$981,202$210,484,899
99$350,395,398$10,807,655$809,404$231,539,424
100$385,924,614$11,126,115$625,405$254,730,103