Can I retire at age 44 with 1,670,000?

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 $1,670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$137,907$136,679$135,480$134,310$133,168$130,160
2 years$68,271$66,999$65,767$64,572$63,413$60,399
3 years$45,062$43,785$42,556$41,372$40,232$37,306
4 years$33,460$32,186$30,970$29,806$28,694$25,878
5 years$26,500$25,235$24,034$22,894$21,813$19,115
6 years$21,862$20,606$19,423$18,309$17,260$14,683
7 years$18,550$17,305$16,140$15,052$14,037$11,581
8 years$16,068$14,833$13,688$12,627$11,645$9,310
9 years$14,138$12,915$11,790$10,756$9,807$7,590
10 years$12,595$11,384$10,279$9,271$8,356$6,256
11 years$11,333$10,135$9,049$8,069$7,186$5,200
12 years$10,282$9,096$8,031$7,077$6,227$4,352
13 years$9,394$8,220$7,175$6,248$5,430$3,662
14 years$8,633$7,472$6,447$5,547$4,760$3,095
15 years$7,975$6,826$5,821$4,947$4,191$2,625
16 years$7,399$6,263$5,277$4,429$3,704$2,234
17 years$6,891$5,768$4,802$3,980$3,284$1,906
18 years$6,441$5,330$4,384$3,586$2,920$1,630
19 years$6,038$4,939$4,013$3,241$2,603$1,396
20 years$5,676$4,590$3,683$2,935$2,325$1,197
21 years$5,349$4,275$3,388$2,664$2,081$1,028
22 years$5,052$3,991$3,122$2,422$1,865$884
23 years$4,781$3,733$2,883$2,206$1,674$761
24 years$4,533$3,497$2,666$2,012$1,505$656
25 years$4,306$3,282$2,469$1,837$1,354$565
26 years$4,096$3,084$2,290$1,680$1,220$488
27 years$3,902$2,903$2,127$1,538$1,100$421
28 years$3,722$2,735$1,977$1,409$992$363
29 years$3,555$2,580$1,840$1,292$896$314
30 years$3,399$2,437$1,714$1,186$810$271
31 years$3,254$2,304$1,598$1,089$732$234
32 years$3,118$2,180$1,491$1,001$662$203
33 years$2,991$2,064$1,392$920$599$175
34 years$2,871$1,957$1,300$847$542$151
35 years$2,758$1,856$1,216$779$491$131
36 years$2,652$1,761$1,137$718$445$113
37 years$2,552$1,673$1,065$661$403$98
38 years$2,458$1,590$997$610$366$85
39 years$2,368$1,512$934$562$332$73
40 years$2,283$1,438$875$518$301$64
41 years$2,203$1,369$821$478$273$55
42 years$2,126$1,304$770$441$248$48
43 years$2,053$1,242$723$408$225$41
44 years$1,984$1,184$678$376$204$36
45 years$1,918$1,129$637$347$185$31
46 years$1,855$1,077$598$321$168$27
47 years$1,795$1,028$562$297$153$23
48 years$1,738$981$528$274$139$20
49 years$1,683$937$496$253$126$17
50 years$1,631$895$467$234$114$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,670,000, adding $6,991 every year, while hoping to spend $52,804 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: 50/31/19 Blend
43$1,670,000$1,670,000$1,670,000$1,670,000
44$1,847,551$1,759,041$1,733,156$1,929,831
45$1,979,818$1,789,051$1,735,034$2,017,438
46$2,123,807$1,818,762$1,735,205$2,106,599
47$2,280,657$1,848,103$1,733,556$2,202,374
48$2,451,623$1,876,999$1,729,969$2,305,404
49$2,638,085$1,905,368$1,724,319$2,416,402
50$2,841,562$1,933,124$1,716,476$2,536,149
51$3,063,728$1,960,173$1,706,304$2,665,511
52$3,306,422$1,986,416$1,693,660$2,805,441
53$3,571,673$2,011,746$1,678,393$2,956,993
54$3,861,711$2,036,049$1,660,347$3,121,328
55$4,178,993$2,059,203$1,639,356$3,299,728
56$4,526,225$2,081,079$1,615,249$3,493,608
57$4,906,385$2,101,537$1,587,846$3,704,529
58$5,322,754$2,120,430$1,556,956$3,934,212
59$5,778,944$2,137,600$1,522,383$4,184,560
60$6,278,933$2,152,879$1,483,920$4,457,668
61$6,827,103$2,166,089$1,441,350$4,755,851
62$7,428,280$2,177,039$1,394,447$5,081,661
63$8,087,778$2,185,528$1,342,975$5,437,915
64$8,811,452$2,191,339$1,286,685$5,827,720
65$9,605,751$2,194,245$1,225,319$6,254,505
66$10,477,777$2,194,003$1,158,607$6,722,051
67$11,435,355$2,190,354$1,086,266$7,234,531
68$12,487,105$2,183,025$1,007,999$7,796,548
69$13,642,522$2,171,726$923,499$8,413,177
70$14,912,066$2,156,147$832,443$9,090,020
71$16,307,261$2,135,962$734,494$9,833,253
72$17,840,801$2,110,824$629,299$10,649,690
73$19,526,674$2,080,366$516,492$11,546,847
74$21,380,289$2,044,198$395,689$12,533,012
75$23,418,622$2,001,907$266,488$13,617,326
76$25,660,378$1,953,056$128,471$14,809,871
77$28,126,163$1,897,183$0$16,121,767
78$30,838,685$1,833,798$0$17,569,091
79$33,822,959$1,762,382$0$19,189,592
80$37,106,548$1,682,387$0$20,972,207
81$40,719,824$1,593,232$0$22,933,481
82$44,696,249$1,494,303$0$25,091,651
83$49,072,693$1,384,951$0$27,466,822
84$53,889,784$1,264,489$0$30,081,154
85$59,192,286$1,132,193$0$32,959,077
86$65,029,524$987,295$0$36,127,518
87$71,455,849$828,986$0$39,616,161
88$78,531,148$656,409$0$43,457,724
89$86,321,411$468,659$0$47,688,274
90$94,899,355$264,783$0$52,347,564
91$104,345,103$43,772$0$57,479,416
92$114,746,947$0$0$63,132,130
93$126,202,176$0$0$69,425,616
94$138,817,996$0$0$76,373,412
95$152,712,541$0$0$84,025,674
96$168,015,985$0$0$92,454,126
97$184,871,774$0$0$101,737,801
98$203,437,975$0$0$111,963,791
99$223,888,771$0$0$123,228,068
100$246,416,102$0$0$135,636,386