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%13.1%
1 years$165,158$163,687$162,252$160,851$159,483$157,425
2 years$81,761$80,239$78,763$77,332$75,944$73,874
3 years$53,966$52,437$50,965$49,547$48,182$46,163
4 years$40,071$38,547$37,089$35,696$34,364$32,413
5 years$31,737$30,221$28,783$27,418$26,123$24,245
6 years$26,182$24,678$23,261$21,926$20,670$18,867
7 years$22,216$20,724$19,330$18,027$16,810$15,084
8 years$19,243$17,765$16,393$15,122$13,946$12,295
9 years$16,931$15,467$14,120$12,881$11,744$10,169
10 years$15,083$13,634$12,310$11,103$10,007$8,505
11 years$13,572$12,137$10,837$9,663$8,606$7,177
12 years$12,314$10,894$9,618$8,476$7,458$6,100
13 years$11,250$9,845$8,593$7,483$6,503$5,215
14 years$10,339$8,949$7,721$6,643$5,701$4,480
15 years$9,550$8,175$6,971$5,924$5,020$3,864
16 years$8,861$7,500$6,320$5,304$4,436$3,343
17 years$8,253$6,907$5,751$4,766$3,934$2,902
18 years$7,713$6,383$5,250$4,295$3,497$2,524
19 years$7,231$5,915$4,806$3,881$3,117$2,201
20 years$6,797$5,497$4,411$3,515$2,785$1,922
21 years$6,406$5,120$4,057$3,190$2,492$1,681
22 years$6,050$4,779$3,739$2,900$2,234$1,473
23 years$5,726$4,470$3,452$2,642$2,005$1,291
24 years$5,429$4,188$3,193$2,409$1,802$1,134
25 years$5,156$3,930$2,957$2,200$1,622$996
26 years$4,905$3,694$2,743$2,012$1,461$876
27 years$4,673$3,476$2,547$1,841$1,317$771
28 years$4,458$3,276$2,368$1,687$1,188$678
29 years$4,258$3,090$2,203$1,547$1,073$597
30 years$4,071$2,919$2,052$1,420$970$527
31 years$3,897$2,759$1,913$1,304$877$464
32 years$3,734$2,611$1,785$1,198$793$409
33 years$3,582$2,472$1,667$1,102$718$361
34 years$3,438$2,343$1,557$1,014$650$319
35 years$3,304$2,222$1,456$933$588$281
36 years$3,176$2,109$1,362$860$533$248
37 years$3,057$2,003$1,275$792$483$219
38 years$2,943$1,904$1,194$730$438$194
39 years$2,836$1,811$1,119$673$397$171
40 years$2,734$1,723$1,048$621$360$151
41 years$2,638$1,640$983$573$327$133
42 years$2,546$1,562$922$529$297$118
43 years$2,459$1,488$865$488$269$104
44 years$2,376$1,418$812$451$244$92
45 years$2,297$1,352$763$416$222$81
46 years$2,222$1,290$716$384$201$72
47 years$2,150$1,231$673$355$183$64
48 years$2,081$1,175$632$328$166$56
49 years$2,016$1,122$594$303$151$50
50 years$1,953$1,072$559$280$137$44

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 $3,729 every year, while hoping to spend $58,095 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: 42/41/17 Blend
43$2,000,000$2,000,000$2,000,000$2,000,000
44$2,207,846$2,101,846$2,070,846$2,289,436
45$2,371,234$2,143,024$2,078,407$2,388,603
46$2,549,340$2,184,273$2,084,274$2,489,943
47$2,743,605$2,225,534$2,088,329$2,598,452
48$2,955,613$2,266,745$2,090,448$2,714,817
49$3,187,108$2,307,839$2,090,502$2,839,793
50$3,440,012$2,348,742$2,088,352$2,974,212
51$3,716,439$2,389,376$2,083,857$3,118,996
52$4,018,716$2,429,655$2,076,866$3,275,158
53$4,349,405$2,469,489$2,067,222$3,443,818
54$4,711,330$2,508,779$2,054,759$3,626,211
55$5,107,597$2,547,420$2,039,305$3,823,700
56$5,541,628$2,585,300$2,020,678$4,037,788
57$6,017,191$2,622,297$1,998,688$4,270,135
58$6,538,437$2,658,282$1,973,136$4,522,569
59$7,109,936$2,693,117$1,943,815$4,797,112
60$7,736,722$2,726,652$1,910,505$5,095,991
61$8,424,340$2,758,730$1,872,980$5,421,664
62$9,178,897$2,789,182$1,830,999$5,776,844
63$10,007,120$2,817,827$1,784,312$6,164,522
64$10,916,418$2,844,473$1,732,659$6,588,001
65$11,914,956$2,868,915$1,675,766$7,050,921
66$13,011,723$2,890,933$1,613,346$7,557,300
67$14,216,626$2,910,296$1,545,100$8,111,571
68$15,540,577$2,926,756$1,470,716$8,718,623
69$16,995,597$2,940,049$1,389,867$9,383,850
70$18,594,931$2,949,894$1,302,210$10,113,200
71$20,353,169$2,955,994$1,207,389$10,913,237
72$22,286,386$2,958,031$1,105,031$11,791,199
73$24,412,293$2,955,671$994,745$12,755,071
74$26,750,403$2,948,554$876,124$13,813,658
75$29,322,213$2,936,302$748,744$14,976,674
76$32,151,411$2,918,513$612,159$16,254,830
77$35,264,095$2,894,760$465,906$17,659,942
78$38,689,019$2,864,590$309,500$19,205,039
79$42,457,868$2,827,524$142,437$20,904,491
80$46,605,549$2,783,052$0$22,774,143
81$51,170,530$2,730,635$0$24,837,973
82$56,195,191$2,669,704$0$27,136,745
83$61,726,234$2,599,652$0$29,665,948
84$67,815,115$2,519,841$0$32,449,122
85$74,518,536$2,429,593$0$35,512,220
86$81,898,974$2,328,190$0$38,883,849
87$90,025,273$2,214,874$0$42,595,545
88$98,973,290$2,088,843$0$46,682,074
89$108,826,617$1,949,247$0$51,181,758
90$119,677,362$1,795,190$0$56,136,842
91$131,627,021$1,625,723$0$61,593,894
92$144,787,437$1,439,843$0$67,604,248
93$159,281,850$1,236,490$0$74,224,486
94$175,246,065$1,014,544$0$81,516,983
95$192,829,731$772,824$0$89,550,493
96$212,197,750$510,079$0$98,400,800
97$233,531,838$224,991$0$108,151,442
98$257,032,235$0$0$118,894,497
99$282,919,598$0$0$130,769,284
100$311,437,079$0$0$143,962,732