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%11%
1 years$165,158$163,687$162,252$160,851$159,483$158,811
2 years$81,761$80,239$78,763$77,332$75,944$75,266
3 years$53,966$52,437$50,965$49,547$48,182$47,518
4 years$40,071$38,547$37,089$35,696$34,364$33,720
5 years$31,737$30,221$28,783$27,418$26,123$25,500
6 years$26,182$24,678$23,261$21,926$20,670$20,070
7 years$22,216$20,724$19,330$18,027$16,810$16,233
8 years$19,243$17,765$16,393$15,122$13,946$13,391
9 years$16,931$15,467$14,120$12,881$11,744$11,212
10 years$15,083$13,634$12,310$11,103$10,007$9,497
11 years$13,572$12,137$10,837$9,663$8,606$8,119
12 years$12,314$10,894$9,618$8,476$7,458$6,992
13 years$11,250$9,845$8,593$7,483$6,503$6,059
14 years$10,339$8,949$7,721$6,643$5,701$5,277
15 years$9,550$8,175$6,971$5,924$5,020$4,616
16 years$8,861$7,500$6,320$5,304$4,436$4,052
17 years$8,253$6,907$5,751$4,766$3,934$3,569
18 years$7,713$6,383$5,250$4,295$3,497$3,151
19 years$7,231$5,915$4,806$3,881$3,117$2,789
20 years$6,797$5,497$4,411$3,515$2,785$2,474
21 years$6,406$5,120$4,057$3,190$2,492$2,198
22 years$6,050$4,779$3,739$2,900$2,234$1,955
23 years$5,726$4,470$3,452$2,642$2,005$1,742
24 years$5,429$4,188$3,193$2,409$1,802$1,554
25 years$5,156$3,930$2,957$2,200$1,622$1,388
26 years$4,905$3,694$2,743$2,012$1,461$1,241
27 years$4,673$3,476$2,547$1,841$1,317$1,110
28 years$4,458$3,276$2,368$1,687$1,188$994
29 years$4,258$3,090$2,203$1,547$1,073$890
30 years$4,071$2,919$2,052$1,420$970$798
31 years$3,897$2,759$1,913$1,304$877$716
32 years$3,734$2,611$1,785$1,198$793$642
33 years$3,582$2,472$1,667$1,102$718$576
34 years$3,438$2,343$1,557$1,014$650$518
35 years$3,304$2,222$1,456$933$588$465
36 years$3,176$2,109$1,362$860$533$418
37 years$3,057$2,003$1,275$792$483$375
38 years$2,943$1,904$1,194$730$438$338
39 years$2,836$1,811$1,119$673$397$303
40 years$2,734$1,723$1,048$621$360$273
41 years$2,638$1,640$983$573$327$246
42 years$2,546$1,562$922$529$297$221
43 years$2,459$1,488$865$488$269$199
44 years$2,376$1,418$812$451$244$179
45 years$2,297$1,352$763$416$222$161
46 years$2,222$1,290$716$384$201$145
47 years$2,150$1,231$673$355$183$130
48 years$2,081$1,175$632$328$166$117
49 years$2,016$1,122$594$303$151$106
50 years$1,953$1,072$559$280$137$95

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 $2,804 every year, while hoping to spend $34,020 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: 69/14/17 Blend
43$2,000,000$2,000,000$2,000,000$2,000,000
44$2,206,892$2,100,892$2,069,892$2,350,044
45$2,395,798$2,167,639$2,103,037$2,512,552
46$2,602,833$2,236,516$2,136,151$2,686,004
47$2,829,808$2,307,592$2,169,199$2,874,934
48$3,078,722$2,380,938$2,202,141$3,080,863
49$3,351,774$2,456,626$2,234,934$3,305,467
50$3,651,386$2,534,732$2,267,536$3,550,592
51$3,980,227$2,615,333$2,299,898$3,818,270
52$4,341,237$2,698,511$2,331,971$4,110,739
53$4,737,653$2,784,348$2,363,702$4,430,464
54$5,173,042$2,872,929$2,395,035$4,780,160
55$5,651,333$2,964,344$2,425,909$5,162,818
56$6,176,855$3,058,683$2,456,264$5,581,731
57$6,754,377$3,156,041$2,486,031$6,040,528
58$7,389,152$3,256,515$2,515,141$6,543,206
59$8,086,967$3,360,207$2,543,520$7,094,166
60$8,854,200$3,467,218$2,571,090$7,698,260
61$9,697,874$3,577,658$2,597,768$8,360,830
62$10,625,731$3,691,637$2,623,466$9,087,763
63$11,646,297$3,809,268$2,648,094$9,885,543
64$12,768,968$3,930,671$2,671,554$10,761,316
65$14,004,096$4,055,968$2,693,744$11,722,953
66$15,363,087$4,185,283$2,714,558$12,779,127
67$16,858,508$4,318,749$2,733,882$13,939,393
68$18,504,206$4,456,498$2,751,598$15,214,278
69$20,315,439$4,598,670$2,767,580$16,615,384
70$22,309,017$4,745,408$2,781,697$18,155,490
71$24,503,465$4,896,861$2,793,812$19,848,680
72$26,919,192$5,053,181$2,803,778$21,710,471
73$29,578,689$5,214,526$2,811,444$23,757,960
74$32,506,738$5,381,061$2,816,650$26,009,987
75$35,730,645$5,552,952$2,819,228$28,487,310
76$39,280,499$5,730,375$2,819,000$31,212,805
77$43,189,457$5,913,510$2,815,783$34,211,675
78$47,494,052$6,102,542$2,809,382$37,511,695
79$52,234,542$6,297,664$2,799,594$41,143,468
80$57,455,290$6,499,074$2,786,205$45,140,718
81$63,205,178$6,706,977$2,768,991$49,540,606
82$69,538,072$6,921,585$2,747,718$54,384,081
83$76,513,329$7,143,117$2,722,141$59,716,265
84$84,196,358$7,371,798$2,692,001$65,586,882
85$92,659,233$7,607,863$2,657,030$72,050,725
86$101,981,379$7,851,553$2,616,945$79,168,171
87$112,250,318$8,103,117$2,571,450$87,005,755
88$123,562,493$8,362,813$2,520,237$95,636,796
89$136,024,184$8,630,907$2,462,982$105,142,088
90$149,752,505$8,907,675$2,399,345$115,610,664
91$164,876,510$9,193,401$2,328,973$127,140,635
92$181,538,415$9,488,379$2,251,495$139,840,116
93$199,894,937$9,792,913$2,166,523$153,828,249
94$220,118,771$10,107,317$2,073,652$169,236,323
95$242,400,225$10,431,914$1,972,459$186,209,019
96$266,949,011$10,767,041$1,862,499$204,905,768
97$293,996,228$11,113,044$1,743,311$225,502,264
98$323,796,541$11,470,281$1,614,410$248,192,117
99$356,630,586$11,839,123$1,475,291$273,188,683
100$392,807,618$12,219,952$1,325,425$300,727,078