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

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 $1,670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$137,907$136,679$135,480$134,310$133,168$129,896
2 years$68,271$66,999$65,767$64,572$63,413$60,137
3 years$45,062$43,785$42,556$41,372$40,232$37,054
4 years$33,460$32,186$30,970$29,806$28,694$25,638
5 years$26,500$25,235$24,034$22,894$21,813$18,888
6 years$21,862$20,606$19,423$18,309$17,260$14,469
7 years$18,550$17,305$16,140$15,052$14,037$11,381
8 years$16,068$14,833$13,688$12,627$11,645$9,122
9 years$14,138$12,915$11,790$10,756$9,807$7,415
10 years$12,595$11,384$10,279$9,271$8,356$6,092
11 years$11,333$10,135$9,049$8,069$7,186$5,048
12 years$10,282$9,096$8,031$7,077$6,227$4,211
13 years$9,394$8,220$7,175$6,248$5,430$3,531
14 years$8,633$7,472$6,447$5,547$4,760$2,974
15 years$7,975$6,826$5,821$4,947$4,191$2,514
16 years$7,399$6,263$5,277$4,429$3,704$2,132
17 years$6,891$5,768$4,802$3,980$3,284$1,812
18 years$6,441$5,330$4,384$3,586$2,920$1,544
19 years$6,038$4,939$4,013$3,241$2,603$1,317
20 years$5,676$4,590$3,683$2,935$2,325$1,126
21 years$5,349$4,275$3,388$2,664$2,081$963
22 years$5,052$3,991$3,122$2,422$1,865$825
23 years$4,781$3,733$2,883$2,206$1,674$707
24 years$4,533$3,497$2,666$2,012$1,505$607
25 years$4,306$3,282$2,469$1,837$1,354$521
26 years$4,096$3,084$2,290$1,680$1,220$448
27 years$3,902$2,903$2,127$1,538$1,100$385
28 years$3,722$2,735$1,977$1,409$992$331
29 years$3,555$2,580$1,840$1,292$896$285
30 years$3,399$2,437$1,714$1,186$810$245
31 years$3,254$2,304$1,598$1,089$732$211
32 years$3,118$2,180$1,491$1,001$662$181
33 years$2,991$2,064$1,392$920$599$156
34 years$2,871$1,957$1,300$847$542$135
35 years$2,758$1,856$1,216$779$491$116
36 years$2,652$1,761$1,137$718$445$100
37 years$2,552$1,673$1,065$661$403$86
38 years$2,458$1,590$997$610$366$74
39 years$2,368$1,512$934$562$332$64
40 years$2,283$1,438$875$518$301$55
41 years$2,203$1,369$821$478$273$47
42 years$2,126$1,304$770$441$248$41
43 years$2,053$1,242$723$408$225$35
44 years$1,984$1,184$678$376$204$30
45 years$1,918$1,129$637$347$185$26
46 years$1,855$1,077$598$321$168$23
47 years$1,795$1,028$562$297$153$19
48 years$1,738$981$528$274$139$17
49 years$1,683$937$496$253$126$14
50 years$1,631$895$467$234$114$12

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 $6,869 every year, while hoping to spend $54,424 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: 60/20/20 Blend
43$1,670,000$1,670,000$1,670,000$1,670,000
44$1,847,425$1,758,915$1,733,030$1,948,205
45$1,977,956$1,787,196$1,733,180$2,045,526
46$2,119,977$1,815,037$1,731,511$2,145,068
47$2,274,602$1,842,362$1,727,904$2,252,440
48$2,443,058$1,869,084$1,722,236$2,368,408
49$2,626,695$1,895,115$1,714,376$2,493,821
50$2,826,998$1,920,355$1,704,187$2,629,611
51$3,045,602$1,944,703$1,691,528$2,776,809
52$3,284,306$1,968,046$1,676,247$2,936,550
53$3,545,092$1,990,267$1,658,188$3,110,087
54$3,830,140$2,011,239$1,637,186$3,298,801
55$4,141,852$2,030,827$1,613,069$3,504,217
56$4,482,871$2,048,887$1,585,657$3,728,015
57$4,856,109$2,065,267$1,554,761$3,972,049
58$5,264,770$2,079,803$1,520,183$4,238,364
59$5,712,384$2,092,322$1,481,717$4,529,214
60$6,202,840$2,102,638$1,439,147$4,847,087
61$6,740,417$2,110,555$1,392,246$5,194,726
62$7,329,831$2,115,864$1,340,778$5,575,154
63$7,976,275$2,118,342$1,284,496$5,991,710
64$8,685,469$2,117,754$1,223,140$6,448,071
65$9,463,712$2,113,850$1,156,440$6,948,294
66$10,317,944$2,106,362$1,084,114$7,496,856
67$11,255,809$2,095,009$1,005,867$8,098,688
68$12,285,728$2,079,490$921,390$8,759,234
69$13,416,976$2,059,489$830,360$9,484,492
70$14,659,772$2,034,668$732,441$10,281,080
71$16,025,372$2,004,670$627,281$11,156,292
72$17,526,177$1,969,117$514,513$12,118,174
73$19,175,851$1,927,607$393,753$13,175,596
74$20,989,445$1,879,717$264,601$14,338,338
75$22,983,541$1,824,996$126,638$15,617,186
76$25,176,410$1,762,968$0$17,024,029
77$27,588,182$1,693,131$0$18,576,372
78$30,241,032$1,614,951$0$20,313,400
79$33,159,398$1,527,864$0$22,224,097
80$36,370,200$1,431,273$0$24,326,140
81$39,903,104$1,324,549$0$26,639,008
82$43,790,793$1,207,024$0$29,184,173
83$48,069,280$1,077,994$0$31,985,297
84$52,778,245$936,715$0$35,068,459
85$57,961,411$782,398$0$38,462,404
86$63,666,952$614,213$0$42,198,809
87$69,947,953$431,281$0$46,312,589
88$76,862,906$232,676$0$50,842,222
89$84,476,262$17,417$0$55,830,119
90$92,859,041$0$0$61,323,019
91$102,089,498$0$0$67,419,870
92$112,253,866$0$0$74,137,976
93$123,447,163$0$0$81,536,329
94$135,774,094$0$0$89,684,157
95$149,350,034$0$0$98,657,744
96$164,302,119$0$0$108,541,149
97$180,770,447$0$0$119,427,002
98$198,909,394$0$0$131,417,373
99$218,889,074$0$0$144,624,741
100$240,896,946$0$0$159,173,047