Can I retire at age 44 with 1,840,000?

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 $1,840,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$151,945$150,592$149,272$147,983$146,724$145,556
2 years$75,221$73,820$72,462$71,146$69,869$68,691
3 years$49,649$48,242$46,888$45,584$44,328$43,177
4 years$36,866$35,463$34,122$32,840$31,615$30,500
5 years$29,198$27,803$26,480$25,225$24,033$22,957
6 years$24,087$22,704$21,400$20,172$19,017$17,982
7 years$20,438$19,066$17,783$16,585$15,466$14,472
8 years$17,703$16,343$15,082$13,913$12,830$11,877
9 years$15,577$14,230$12,990$11,850$10,805$9,893
10 years$13,877$12,543$11,325$10,215$9,206$8,335
11 years$12,487$11,166$9,970$8,890$7,918$7,086
12 years$11,329$10,022$8,848$7,798$6,861$6,068
13 years$10,350$9,057$7,905$6,884$5,983$5,228
14 years$9,512$8,233$7,103$6,111$5,245$4,527
15 years$8,786$7,521$6,413$5,450$4,618$3,936
16 years$8,152$6,900$5,814$4,880$4,081$3,434
17 years$7,593$6,355$5,291$4,385$3,619$3,006
18 years$7,096$5,872$4,830$3,951$3,218$2,637
19 years$6,652$5,442$4,422$3,570$2,868$2,319
20 years$6,254$5,057$4,058$3,234$2,562$2,044
21 years$5,893$4,711$3,732$2,935$2,292$1,804
22 years$5,566$4,397$3,440$2,668$2,055$1,594
23 years$5,268$4,113$3,176$2,430$1,845$1,411
24 years$4,995$3,853$2,938$2,216$1,658$1,250
25 years$4,744$3,616$2,721$2,024$1,492$1,109
26 years$4,513$3,398$2,523$1,851$1,344$984
27 years$4,299$3,198$2,343$1,694$1,212$874
28 years$4,101$3,014$2,178$1,552$1,093$777
29 years$3,917$2,843$2,027$1,423$987$691
30 years$3,745$2,685$1,888$1,306$892$615
31 years$3,585$2,538$1,760$1,200$806$547
32 years$3,436$2,402$1,642$1,103$729$488
33 years$3,295$2,274$1,533$1,014$660$434
34 years$3,163$2,156$1,433$933$598$387
35 years$3,039$2,045$1,340$859$541$345
36 years$2,922$1,941$1,253$791$491$308
37 years$2,812$1,843$1,173$729$445$275
38 years$2,708$1,752$1,098$672$403$245
39 years$2,609$1,666$1,029$619$365$219
40 years$2,516$1,585$965$571$332$195
41 years$2,427$1,509$904$527$301$174
42 years$2,343$1,437$848$486$273$155
43 years$2,262$1,369$796$449$248$139
44 years$2,186$1,305$747$415$225$124
45 years$2,114$1,244$702$383$204$111
46 years$2,044$1,187$659$354$185$99
47 years$1,978$1,133$619$327$168$88
48 years$1,915$1,081$582$302$153$79
49 years$1,854$1,033$547$279$139$70
50 years$1,796$986$514$258$126$63

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,840,000, adding $4,418 every year, while hoping to spend $48,413 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: 62/29/9 Blend
43$1,840,000$1,840,000$1,840,000$1,840,000
44$2,032,237$1,934,717$1,906,197$2,154,004
45$2,188,014$1,978,007$1,918,544$2,279,267
46$2,358,058$2,021,796$1,929,681$2,409,935
47$2,543,773$2,066,057$1,939,518$2,551,337
48$2,746,704$2,110,760$1,947,958$2,704,510
49$2,968,553$2,155,872$1,954,900$2,870,599
50$3,211,194$2,201,358$1,960,238$3,050,863
51$3,476,689$2,247,179$1,963,860$3,246,688
52$3,767,311$2,293,290$1,965,648$3,459,604
53$4,085,560$2,339,644$1,965,481$3,691,292
54$4,434,190$2,386,190$1,963,228$3,943,608
55$4,816,236$2,432,872$1,958,755$4,218,595
56$5,235,039$2,479,629$1,951,919$4,518,504
57$5,694,276$2,526,395$1,942,572$4,845,814
58$6,198,002$2,573,098$1,930,558$5,203,259
59$6,750,680$2,619,661$1,915,713$5,593,850
60$7,357,225$2,666,000$1,897,865$6,020,905
61$8,023,055$2,712,027$1,876,837$6,488,080
62$8,754,134$2,757,644$1,852,438$6,999,404
63$9,557,034$2,802,747$1,824,473$7,559,319
64$10,438,994$2,847,224$1,792,736$8,172,716
65$11,407,989$2,890,956$1,757,010$8,844,988
66$12,472,805$2,933,813$1,717,071$9,582,078
67$13,643,119$2,975,659$1,672,681$10,390,535
68$14,929,596$3,016,344$1,623,594$11,277,576
69$16,343,981$3,055,712$1,569,551$12,251,157
70$17,899,219$3,093,593$1,510,282$13,320,043
71$19,609,567$3,129,807$1,445,505$14,493,896
72$21,490,737$3,164,161$1,374,923$15,783,365
73$23,560,037$3,196,450$1,298,228$17,200,184
74$25,836,539$3,226,454$1,215,097$18,757,287
75$28,341,256$3,253,940$1,125,192$20,468,930
76$31,097,339$3,278,659$1,028,162$22,350,822
77$34,130,299$3,300,345$923,637$24,420,278
78$37,468,244$3,318,716$811,233$26,696,381
79$41,142,144$3,333,472$690,548$29,200,163
80$45,186,124$3,344,293$561,162$31,954,803
81$49,637,785$3,350,840$422,638$34,985,850
82$54,538,560$3,352,752$274,517$38,321,459
83$59,934,103$3,349,647$116,323$41,992,661
84$65,874,718$3,341,116$0$46,033,658
85$72,415,836$3,326,728$0$50,487,185
86$79,618,539$3,306,025$0$55,401,991
87$87,550,130$3,278,521$0$60,812,732
88$96,284,775$3,243,700$0$66,769,922
89$105,904,196$3,201,015$0$73,329,233
90$116,498,447$3,149,887$0$80,552,016
91$128,166,760$3,089,703$0$88,505,883
92$141,018,483$3,019,812$0$97,265,348
93$155,174,111$2,939,526$0$106,912,529
94$170,766,424$2,848,116$0$117,537,922
95$187,941,736$2,744,811$0$129,241,262
96$206,861,279$2,628,793$0$142,132,461
97$227,702,725$2,499,199$0$156,332,648
98$250,661,858$2,355,115$0$171,975,312
99$275,954,427$2,195,575$0$189,207,568
100$303,818,177$2,019,557$0$208,191,542