Can I retire at age 44 with 1,660,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,660,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$137,081$135,860$134,669$133,506$132,371$128,185
2 years$67,862$66,598$65,373$64,186$63,034$58,854
3 years$44,792$43,523$42,301$41,124$39,991$35,950
4 years$33,259$31,994$30,784$29,628$28,522$24,649
5 years$26,341$25,083$23,890$22,757$21,682$17,988
6 years$21,731$20,483$19,306$18,199$17,156$13,645
7 years$18,439$17,201$16,044$14,962$13,953$10,623
8 years$15,971$14,745$13,606$12,552$11,575$8,425
9 years$14,053$12,838$11,719$10,691$9,748$6,774
10 years$12,519$11,316$10,217$9,216$8,306$5,504
11 years$11,265$10,074$8,995$8,021$7,143$4,508
12 years$10,221$9,042$7,983$7,035$6,190$3,716
13 years$9,338$8,171$7,132$6,211$5,398$3,078
14 years$8,582$7,427$6,408$5,513$4,732$2,561
15 years$7,927$6,785$5,786$4,917$4,166$2,138
16 years$7,354$6,225$5,246$4,403$3,682$1,789
17 years$6,850$5,733$4,773$3,956$3,265$1,501
18 years$6,402$5,298$4,357$3,565$2,903$1,262
19 years$6,002$4,910$3,989$3,221$2,587$1,062
20 years$5,642$4,562$3,661$2,917$2,311$896
21 years$5,317$4,250$3,367$2,648$2,068$756
22 years$5,021$3,967$3,104$2,407$1,854$638
23 years$4,752$3,710$2,866$2,192$1,664$540
24 years$4,506$3,476$2,650$2,000$1,496$456
25 years$4,280$3,262$2,455$1,826$1,346$386
26 years$4,071$3,066$2,276$1,670$1,212$327
27 years$3,878$2,885$2,114$1,528$1,093$277
28 years$3,700$2,719$1,965$1,400$986$235
29 years$3,534$2,565$1,829$1,284$891$199
30 years$3,379$2,422$1,703$1,179$805$169
31 years$3,235$2,290$1,588$1,082$728$143
32 years$3,099$2,167$1,482$995$658$121
33 years$2,973$2,052$1,383$915$596$103
34 years$2,854$1,945$1,293$842$539$87
35 years$2,742$1,845$1,208$775$488$74
36 years$2,636$1,751$1,131$714$443$63
37 years$2,537$1,663$1,058$657$401$53
38 years$2,443$1,580$991$606$364$45
39 years$2,354$1,503$928$559$330$38
40 years$2,269$1,430$870$515$299$33
41 years$2,189$1,361$816$475$271$28
42 years$2,113$1,296$765$439$246$23
43 years$2,041$1,235$718$405$223$20
44 years$1,972$1,177$674$374$203$17
45 years$1,907$1,123$633$345$184$14
46 years$1,844$1,071$595$319$167$12
47 years$1,785$1,022$559$295$152$10
48 years$1,727$976$525$272$138$9
49 years$1,673$932$493$252$125$7
50 years$1,621$890$464$233$114$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,660,000, adding $6,206 every year, while hoping to spend $28,090 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: 64/21/15 Blend
43$1,660,000$1,660,000$1,660,000$1,660,000
44$1,835,721$1,747,741$1,722,011$1,946,147
45$1,993,078$1,803,493$1,749,811$2,076,643
46$2,165,542$1,861,035$1,777,601$2,215,339
47$2,354,628$1,920,426$1,805,351$2,366,160
48$2,561,998$1,981,725$1,833,028$2,530,289
49$2,789,487$2,044,995$1,860,599$2,709,027
50$3,039,113$2,110,298$1,888,029$2,903,808
51$3,313,103$2,177,703$1,915,277$3,116,208
52$3,613,905$2,247,276$1,942,305$3,347,966
53$3,944,219$2,319,089$1,969,068$3,600,993
54$4,307,019$2,393,213$1,995,521$3,877,395
55$4,705,580$2,469,726$2,021,616$4,179,493
56$5,143,510$2,548,703$2,047,301$4,509,839
57$5,624,785$2,630,226$2,072,523$4,871,248
58$6,153,784$2,714,378$2,097,223$5,266,818
59$6,735,332$2,801,245$2,121,342$5,699,960
60$7,374,744$2,890,915$2,144,815$6,174,435
61$8,077,877$2,983,479$2,167,576$6,694,381
62$8,851,184$3,079,032$2,189,553$7,264,359
63$9,701,773$3,177,673$2,210,671$7,889,395
64$10,637,476$3,279,502$2,230,851$8,575,021
65$11,666,924$3,384,623$2,250,010$9,327,334
66$12,799,626$3,493,144$2,268,061$10,153,051
67$14,046,057$3,605,178$2,284,910$11,059,571
68$15,417,761$3,720,838$2,300,461$12,055,047
69$16,927,458$3,840,244$2,314,612$13,148,458
70$18,589,162$3,963,520$2,327,255$14,349,701
71$20,418,316$4,090,792$2,338,277$15,669,677
72$22,431,935$4,222,191$2,347,560$17,120,397
73$24,648,768$4,357,854$2,354,979$18,715,096
74$27,089,474$4,497,921$2,360,403$20,468,354
75$29,776,819$4,642,537$2,363,694$22,396,238
76$32,735,885$4,791,852$2,364,709$24,516,451
77$35,994,313$4,946,021$2,363,295$26,848,497
78$39,582,562$5,105,205$2,359,294$29,413,867
79$43,534,192$5,269,568$2,352,539$32,236,244
80$47,886,185$5,439,283$2,342,855$35,341,722
81$52,679,295$5,614,526$2,330,059$38,759,051
82$57,958,426$5,795,481$2,313,959$42,519,915
83$63,773,063$5,982,337$2,294,354$46,659,224
84$70,177,733$6,175,290$2,271,033$51,215,447
85$77,232,524$6,374,541$2,243,774$56,230,972
86$85,003,648$6,580,300$2,212,348$61,752,507
87$93,564,069$6,792,785$2,176,511$67,831,524
88$102,994,190$7,012,217$2,136,010$74,524,739
89$113,382,611$7,238,829$2,090,579$81,894,650
90$124,826,966$7,472,860$2,039,942$90,010,126
91$137,434,843$7,714,557$1,983,807$98,947,058
92$151,324,804$7,964,176$1,921,871$108,789,072
93$166,627,495$8,221,983$1,853,815$119,628,322
94$183,486,890$8,488,250$1,779,308$131,566,357
95$202,061,639$8,763,261$1,698,002$144,715,081
96$222,526,574$9,047,309$1,609,533$159,197,806
97$245,074,354$9,340,696$1,513,522$175,150,420
98$269,917,285$9,643,737$1,409,571$192,722,665
99$297,289,323$9,956,755$1,297,267$212,079,553
100$327,448,284$10,280,086$1,176,175$233,402,924