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%15.3%
1 years$165,158$163,687$162,252$160,851$159,483$156,008
2 years$81,761$80,239$78,763$77,332$75,944$72,461
3 years$53,966$52,437$50,965$49,547$48,182$44,799
4 years$40,071$38,547$37,089$35,696$34,364$31,107
5 years$31,737$30,221$28,783$27,418$26,123$23,001
6 years$26,182$24,678$23,261$21,926$20,670$17,687
7 years$22,216$20,724$19,330$18,027$16,810$13,967
8 years$19,243$17,765$16,393$15,122$13,946$11,241
9 years$16,931$15,467$14,120$12,881$11,744$9,176
10 years$15,083$13,634$12,310$11,103$10,007$7,572
11 years$13,572$12,137$10,837$9,663$8,606$6,302
12 years$12,314$10,894$9,618$8,476$7,458$5,281
13 years$11,250$9,845$8,593$7,483$6,503$4,449
14 years$10,339$8,949$7,721$6,643$5,701$3,766
15 years$9,550$8,175$6,971$5,924$5,020$3,199
16 years$8,861$7,500$6,320$5,304$4,436$2,726
17 years$8,253$6,907$5,751$4,766$3,934$2,329
18 years$7,713$6,383$5,250$4,295$3,497$1,994
19 years$7,231$5,915$4,806$3,881$3,117$1,711
20 years$6,797$5,497$4,411$3,515$2,785$1,470
21 years$6,406$5,120$4,057$3,190$2,492$1,264
22 years$6,050$4,779$3,739$2,900$2,234$1,089
23 years$5,726$4,470$3,452$2,642$2,005$939
24 years$5,429$4,188$3,193$2,409$1,802$810
25 years$5,156$3,930$2,957$2,200$1,622$699
26 years$4,905$3,694$2,743$2,012$1,461$604
27 years$4,673$3,476$2,547$1,841$1,317$522
28 years$4,458$3,276$2,368$1,687$1,188$452
29 years$4,258$3,090$2,203$1,547$1,073$391
30 years$4,071$2,919$2,052$1,420$970$338
31 years$3,897$2,759$1,913$1,304$877$293
32 years$3,734$2,611$1,785$1,198$793$253
33 years$3,582$2,472$1,667$1,102$718$220
34 years$3,438$2,343$1,557$1,014$650$190
35 years$3,304$2,222$1,456$933$588$165
36 years$3,176$2,109$1,362$860$533$143
37 years$3,057$2,003$1,275$792$483$124
38 years$2,943$1,904$1,194$730$438$107
39 years$2,836$1,811$1,119$673$397$93
40 years$2,734$1,723$1,048$621$360$81
41 years$2,638$1,640$983$573$327$70
42 years$2,546$1,562$922$529$297$61
43 years$2,459$1,488$865$488$269$52
44 years$2,376$1,418$812$451$244$46
45 years$2,297$1,352$763$416$222$39
46 years$2,222$1,290$716$384$201$34
47 years$2,150$1,231$673$355$183$30
48 years$2,081$1,175$632$328$166$26
49 years$2,016$1,122$594$303$151$22
50 years$1,953$1,072$559$280$137$19

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 $2,450 every year, while hoping to spend $47,553 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: 45/50/5 Blend
43$2,000,000$2,000,000$2,000,000$2,000,000
44$2,206,527$2,100,527$2,069,527$2,302,704
45$2,380,997$2,152,857$2,088,260$2,421,467
46$2,571,669$2,206,157$2,106,027$2,545,011
47$2,780,145$2,260,425$2,122,745$2,677,840
48$3,008,191$2,315,656$2,138,328$2,820,824
49$3,257,747$2,371,845$2,152,683$2,974,918
50$3,530,954$2,428,982$2,165,715$3,141,173
51$3,830,168$2,487,058$2,177,322$3,320,748
52$4,157,981$2,546,060$2,187,399$3,514,916
53$4,517,251$2,605,973$2,195,833$3,725,081
54$4,911,124$2,666,779$2,202,506$3,952,787
55$5,343,065$2,728,458$2,207,297$4,199,737
56$5,816,891$2,790,985$2,210,074$4,467,803
57$6,336,805$2,854,335$2,210,703$4,759,049
58$6,907,438$2,918,476$2,209,041$5,075,749
59$7,533,890$2,983,375$2,204,937$5,420,406
60$8,221,781$3,048,994$2,198,236$5,795,779
61$8,977,298$3,115,291$2,188,773$6,204,907
62$9,807,260$3,182,218$2,176,374$6,651,136
63$10,719,178$3,249,724$2,160,860$7,138,156
64$11,721,327$3,317,753$2,142,041$7,670,031
65$12,822,821$3,386,242$2,119,719$8,251,238
66$14,033,704$3,455,123$2,093,685$8,886,712
67$15,365,041$3,524,323$2,063,722$9,581,889
68$16,829,021$3,593,760$2,029,603$10,342,760
69$18,439,074$3,663,348$1,991,087$11,175,928
70$20,209,998$3,732,990$1,947,927$12,088,668
71$22,158,095$3,802,584$1,899,860$13,088,997
72$24,301,328$3,872,018$1,846,613$14,185,751
73$26,659,489$3,941,172$1,787,900$15,388,666
74$29,254,385$4,009,918$1,723,422$16,708,473
75$32,110,042$4,078,113$1,652,867$18,156,999
76$35,252,935$4,145,610$1,575,907$19,747,275
77$38,712,234$4,212,245$1,492,200$21,493,667
78$42,520,083$4,277,845$1,401,389$23,412,004
79$46,711,897$4,342,225$1,303,101$25,519,732
80$51,326,701$4,405,184$1,196,945$27,836,080
81$56,407,496$4,466,510$1,082,514$30,382,238
82$62,001,664$4,525,973$959,382$33,181,562
83$68,161,416$4,583,328$827,104$36,259,793
84$74,944,285$4,638,315$685,216$39,645,299
85$82,413,663$4,690,654$533,232$43,369,347
86$90,639,407$4,740,047$370,646$47,466,396
87$99,698,494$4,786,176$196,929$51,974,424
88$109,675,743$4,828,702$11,530$56,935,289
89$120,664,625$4,867,264$0$62,395,123
90$132,768,134$4,901,477$0$68,414,709
91$146,099,766$4,930,931$0$75,041,446
92$160,784,586$4,955,192$0$82,336,508
93$176,960,412$4,973,794$0$90,367,997
94$194,779,110$4,986,245$0$99,210,964
95$214,408,030$4,992,022$0$108,948,124
96$236,031,585$4,990,568$0$119,670,636
97$259,852,992$4,981,291$0$131,478,964
98$286,096,188$4,963,565$0$144,483,830
99$315,007,943$4,936,723$0$158,807,259
100$346,860,189$4,900,059$0$174,583,731