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%11.2%
1 years$137,907$136,679$135,480$134,310$133,168$132,496
2 years$68,271$66,999$65,767$64,572$63,413$62,735
3 years$45,062$43,785$42,556$41,372$40,232$39,568
4 years$33,460$32,186$30,970$29,806$28,694$28,050
5 years$26,500$25,235$24,034$22,894$21,813$21,190
6 years$21,862$20,606$19,423$18,309$17,260$16,660
7 years$18,550$17,305$16,140$15,052$14,037$13,460
8 years$16,068$14,833$13,688$12,627$11,645$11,091
9 years$14,138$12,915$11,790$10,756$9,807$9,276
10 years$12,595$11,384$10,279$9,271$8,356$7,847
11 years$11,333$10,135$9,049$8,069$7,186$6,700
12 years$10,282$9,096$8,031$7,077$6,227$5,763
13 years$9,394$8,220$7,175$6,248$5,430$4,988
14 years$8,633$7,472$6,447$5,547$4,760$4,338
15 years$7,975$6,826$5,821$4,947$4,191$3,790
16 years$7,399$6,263$5,277$4,429$3,704$3,323
17 years$6,891$5,768$4,802$3,980$3,284$2,922
18 years$6,441$5,330$4,384$3,586$2,920$2,577
19 years$6,038$4,939$4,013$3,241$2,603$2,277
20 years$5,676$4,590$3,683$2,935$2,325$2,017
21 years$5,349$4,275$3,388$2,664$2,081$1,789
22 years$5,052$3,991$3,122$2,422$1,865$1,590
23 years$4,781$3,733$2,883$2,206$1,674$1,414
24 years$4,533$3,497$2,666$2,012$1,505$1,260
25 years$4,306$3,282$2,469$1,837$1,354$1,123
26 years$4,096$3,084$2,290$1,680$1,220$1,003
27 years$3,902$2,903$2,127$1,538$1,100$895
28 years$3,722$2,735$1,977$1,409$992$800
29 years$3,555$2,580$1,840$1,292$896$716
30 years$3,399$2,437$1,714$1,186$810$641
31 years$3,254$2,304$1,598$1,089$732$574
32 years$3,118$2,180$1,491$1,001$662$514
33 years$2,991$2,064$1,392$920$599$461
34 years$2,871$1,957$1,300$847$542$413
35 years$2,758$1,856$1,216$779$491$370
36 years$2,652$1,761$1,137$718$445$332
37 years$2,552$1,673$1,065$661$403$298
38 years$2,458$1,590$997$610$366$267
39 years$2,368$1,512$934$562$332$240
40 years$2,283$1,438$875$518$301$216
41 years$2,203$1,369$821$478$273$194
42 years$2,126$1,304$770$441$248$174
43 years$2,053$1,242$723$408$225$156
44 years$1,984$1,184$678$376$204$140
45 years$1,918$1,129$637$347$185$126
46 years$1,855$1,077$598$321$168$113
47 years$1,795$1,028$562$297$153$102
48 years$1,738$981$528$274$139$91
49 years$1,683$937$496$253$126$82
50 years$1,631$895$467$234$114$74

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 $2,265 every year, while hoping to spend $23,630 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: 60/27/13 Blend
43$1,670,000$1,670,000$1,670,000$1,670,000
44$1,842,676$1,754,166$1,728,281$1,947,229
45$2,005,487$1,814,978$1,761,037$2,078,669
46$2,184,113$1,877,978$1,794,097$2,219,124
47$2,380,141$1,943,248$1,827,448$2,371,770
48$2,595,322$2,010,874$1,861,074$2,537,785
49$2,831,582$2,080,943$1,894,957$2,718,467
50$3,091,044$2,153,550$1,929,079$2,915,243
51$3,376,046$2,228,790$1,963,419$3,129,683
52$3,689,164$2,306,762$1,997,955$3,363,516
53$4,033,237$2,387,571$2,032,664$3,618,645
54$4,411,390$2,471,325$2,067,521$3,897,165
55$4,827,067$2,558,136$2,102,499$4,201,380
56$5,284,064$2,648,120$2,137,569$4,533,829
57$5,786,560$2,741,400$2,172,699$4,897,307
58$6,339,162$2,838,101$2,207,857$5,294,891
59$6,946,944$2,938,356$2,243,008$5,729,967
60$7,615,498$3,042,300$2,278,114$6,206,268
61$8,350,982$3,150,077$2,313,134$6,727,900
62$9,160,185$3,261,833$2,348,027$7,299,389
63$10,050,585$3,377,725$2,382,747$7,925,716
64$11,030,422$3,497,910$2,417,246$8,612,368
65$12,108,775$3,622,557$2,451,474$9,365,390
66$13,295,646$3,751,839$2,485,375$10,191,437
67$14,602,060$3,885,937$2,518,893$11,097,841
68$16,040,161$4,025,039$2,551,966$12,092,678
69$17,623,332$4,169,341$2,584,532$13,184,844
70$19,366,320$4,319,046$2,616,521$14,384,138
71$21,285,372$4,474,367$2,647,862$15,701,353
72$23,398,394$4,635,525$2,678,480$17,148,381
73$25,725,115$4,802,750$2,708,293$18,738,322
74$28,287,273$4,976,281$2,737,218$20,485,605
75$31,108,825$5,156,369$2,765,165$22,406,130
76$34,216,167$5,343,274$2,792,040$24,517,410
77$37,638,387$5,537,265$2,817,744$26,838,743
78$41,407,537$5,738,625$2,842,172$29,391,386
79$45,558,935$5,947,647$2,865,215$32,198,762
80$50,131,504$6,164,639$2,886,757$35,286,676
81$55,168,129$6,389,918$2,906,675$38,683,559
82$60,716,071$6,623,817$2,924,842$42,420,737
83$66,827,408$6,866,682$2,941,122$46,532,724
84$73,559,528$7,118,873$2,955,374$51,057,547
85$80,975,669$7,380,768$2,967,448$56,037,108
86$89,145,519$7,652,757$2,977,189$61,517,572
87$98,145,869$7,935,249$2,984,432$67,549,809
88$108,061,341$8,228,669$2,989,003$74,189,869
89$118,985,185$8,533,462$2,990,723$81,499,509
90$131,020,162$8,850,089$2,989,400$89,546,780
91$144,279,509$9,179,034$2,984,835$98,406,666
92$158,888,011$9,520,799$2,976,819$108,161,788
93$174,983,178$9,875,908$2,965,132$118,903,188
94$192,716,542$10,244,907$2,949,545$130,731,183
95$212,255,090$10,628,368$2,929,815$143,756,312
96$233,782,835$11,026,884$2,905,690$158,100,382
97$257,502,559$11,441,076$2,876,905$173,897,611
98$283,637,722$11,871,591$2,843,183$191,295,898
99$312,434,573$12,319,102$2,804,233$210,458,214
100$344,164,476$12,784,315$2,759,752$231,564,145