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%17.5%
1 years$137,907$136,679$135,480$134,310$133,168$129,112
2 years$68,271$66,999$65,767$64,572$63,413$59,362
3 years$45,062$43,785$42,556$41,372$40,232$36,312
4 years$33,460$32,186$30,970$29,806$28,694$24,935
5 years$26,500$25,235$24,034$22,894$21,813$18,226
6 years$21,862$20,606$19,423$18,309$17,260$13,848
7 years$18,550$17,305$16,140$15,052$14,037$10,800
8 years$16,068$14,833$13,688$12,627$11,645$8,580
9 years$14,138$12,915$11,790$10,756$9,807$6,911
10 years$12,595$11,384$10,279$9,271$8,356$5,626
11 years$11,333$10,135$9,049$8,069$7,186$4,617
12 years$10,282$9,096$8,031$7,077$6,227$3,813
13 years$9,394$8,220$7,175$6,248$5,430$3,166
14 years$8,633$7,472$6,447$5,547$4,760$2,639
15 years$7,975$6,826$5,821$4,947$4,191$2,208
16 years$7,399$6,263$5,277$4,429$3,704$1,852
17 years$6,891$5,768$4,802$3,980$3,284$1,557
18 years$6,441$5,330$4,384$3,586$2,920$1,312
19 years$6,038$4,939$4,013$3,241$2,603$1,107
20 years$5,676$4,590$3,683$2,935$2,325$935
21 years$5,349$4,275$3,388$2,664$2,081$791
22 years$5,052$3,991$3,122$2,422$1,865$670
23 years$4,781$3,733$2,883$2,206$1,674$567
24 years$4,533$3,497$2,666$2,012$1,505$481
25 years$4,306$3,282$2,469$1,837$1,354$408
26 years$4,096$3,084$2,290$1,680$1,220$346
27 years$3,902$2,903$2,127$1,538$1,100$294
28 years$3,722$2,735$1,977$1,409$992$250
29 years$3,555$2,580$1,840$1,292$896$212
30 years$3,399$2,437$1,714$1,186$810$180
31 years$3,254$2,304$1,598$1,089$732$153
32 years$3,118$2,180$1,491$1,001$662$130
33 years$2,991$2,064$1,392$920$599$111
34 years$2,871$1,957$1,300$847$542$94
35 years$2,758$1,856$1,216$779$491$80
36 years$2,652$1,761$1,137$718$445$68
37 years$2,552$1,673$1,065$661$403$58
38 years$2,458$1,590$997$610$366$49
39 years$2,368$1,512$934$562$332$42
40 years$2,283$1,438$875$518$301$36
41 years$2,203$1,369$821$478$273$30
42 years$2,126$1,304$770$441$248$26
43 years$2,053$1,242$723$408$225$22
44 years$1,984$1,184$678$376$204$19
45 years$1,918$1,129$637$347$185$16
46 years$1,855$1,077$598$321$168$14
47 years$1,795$1,028$562$297$153$12
48 years$1,738$981$528$274$139$10
49 years$1,683$937$496$253$126$8
50 years$1,631$895$467$234$114$7

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 $3,309 every year, while hoping to spend $35,543 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: 57/21/22 Blend
43$1,670,000$1,670,000$1,670,000$1,670,000
44$1,843,753$1,755,243$1,729,358$1,937,743
45$1,993,999$1,803,433$1,749,474$2,050,433
46$2,158,378$1,852,792$1,769,073$2,169,106
47$2,338,295$1,903,341$1,788,099$2,297,674
48$2,535,296$1,955,100$1,806,496$2,437,099
49$2,751,084$2,008,088$1,824,201$2,588,441
50$2,987,533$2,062,323$1,841,151$2,752,868
51$3,246,709$2,117,825$1,857,277$2,931,666
52$3,530,887$2,174,611$1,872,509$3,126,250
53$3,842,570$2,232,700$1,886,771$3,338,183
54$4,184,519$2,292,109$1,899,984$3,569,181
55$4,559,771$2,352,854$1,912,065$3,821,140
56$4,971,675$2,414,950$1,922,926$4,096,145
57$5,423,917$2,478,414$1,932,476$4,396,495
58$5,920,560$2,543,260$1,940,617$4,724,723
59$6,466,077$2,609,500$1,947,248$5,083,619
60$7,065,398$2,677,147$1,952,262$5,476,258
61$7,723,954$2,746,211$1,955,547$5,906,028
62$8,447,725$2,816,704$1,956,986$6,376,662
63$9,243,302$2,888,632$1,956,454$6,892,273
64$10,117,947$2,962,002$1,953,823$7,457,395
65$11,079,657$3,036,821$1,948,957$8,077,022
66$12,137,248$3,113,090$1,941,712$8,756,659
67$13,300,427$3,190,812$1,931,940$9,502,371
68$14,579,894$3,269,985$1,919,483$10,320,843
69$15,987,436$3,350,607$1,904,178$11,219,441
70$17,536,039$3,432,672$1,885,853$12,206,282
71$19,240,014$3,516,171$1,864,327$13,290,312
72$21,115,125$3,601,093$1,839,412$14,481,389
73$23,178,746$3,687,425$1,810,911$15,790,378
74$25,450,017$3,775,148$1,778,615$17,229,251
75$27,950,030$3,864,241$1,742,310$18,811,203
76$30,702,023$3,954,679$1,701,768$20,550,773
77$33,731,604$4,046,433$1,656,751$22,463,988
78$37,066,989$4,139,469$1,607,013$24,568,506
79$40,739,267$4,233,749$1,552,294$26,883,789
80$44,782,699$4,329,229$1,492,322$29,431,287
81$49,235,033$4,425,860$1,426,815$32,234,636
82$54,137,868$4,523,588$1,355,474$35,319,886
83$59,537,038$4,622,352$1,277,990$38,715,745
84$65,483,053$4,722,084$1,194,040$42,453,850
85$72,031,569$4,822,710$1,103,284$46,569,069
86$79,243,914$4,924,148$1,005,369$51,099,827
87$87,187,669$5,026,308$899,926$56,088,470
88$95,937,306$5,129,091$786,567$61,581,666
89$105,574,885$5,232,391$664,891$67,630,848
90$116,190,834$5,336,089$534,476$74,292,695
91$127,884,800$5,440,058$394,882$81,629,672
92$140,766,590$5,544,161$245,651$89,710,617
93$154,957,205$5,648,247$86,302$98,611,396
94$170,589,983$5,752,155$0$108,415,614
95$187,811,860$5,855,710$0$119,235,071
96$206,784,753$5,958,722$0$131,174,545
97$227,687,086$6,060,988$0$144,325,787
98$250,715,482$6,162,290$0$158,812,253
99$276,086,610$6,262,391$0$174,769,991
100$304,039,235$6,361,039$0$192,348,920