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%19.8%
1 years$137,907$136,679$135,480$134,310$133,168$127,935
2 years$68,271$66,999$65,767$64,572$63,413$58,205
3 years$45,062$43,785$42,556$41,372$40,232$35,213
4 years$33,460$32,186$30,970$29,806$28,694$23,902
5 years$26,500$25,235$24,034$22,894$21,813$17,260
6 years$21,862$20,606$19,423$18,309$17,260$12,949
7 years$18,550$17,305$16,140$15,052$14,037$9,967
8 years$16,068$14,833$13,688$12,627$11,645$7,811
9 years$14,138$12,915$11,790$10,756$9,807$6,204
10 years$12,595$11,384$10,279$9,271$8,356$4,977
11 years$11,333$10,135$9,049$8,069$7,186$4,024
12 years$10,282$9,096$8,031$7,077$6,227$3,273
13 years$9,394$8,220$7,175$6,248$5,430$2,675
14 years$8,633$7,472$6,447$5,547$4,760$2,195
15 years$7,975$6,826$5,821$4,947$4,191$1,806
16 years$7,399$6,263$5,277$4,429$3,704$1,490
17 years$6,891$5,768$4,802$3,980$3,284$1,232
18 years$6,441$5,330$4,384$3,586$2,920$1,020
19 years$6,038$4,939$4,013$3,241$2,603$846
20 years$5,676$4,590$3,683$2,935$2,325$702
21 years$5,349$4,275$3,388$2,664$2,081$583
22 years$5,052$3,991$3,122$2,422$1,865$485
23 years$4,781$3,733$2,883$2,206$1,674$404
24 years$4,533$3,497$2,666$2,012$1,505$336
25 years$4,306$3,282$2,469$1,837$1,354$280
26 years$4,096$3,084$2,290$1,680$1,220$233
27 years$3,902$2,903$2,127$1,538$1,100$194
28 years$3,722$2,735$1,977$1,409$992$162
29 years$3,555$2,580$1,840$1,292$896$135
30 years$3,399$2,437$1,714$1,186$810$113
31 years$3,254$2,304$1,598$1,089$732$94
32 years$3,118$2,180$1,491$1,001$662$78
33 years$2,991$2,064$1,392$920$599$65
34 years$2,871$1,957$1,300$847$542$55
35 years$2,758$1,856$1,216$779$491$46
36 years$2,652$1,761$1,137$718$445$38
37 years$2,552$1,673$1,065$661$403$32
38 years$2,458$1,590$997$610$366$26
39 years$2,368$1,512$934$562$332$22
40 years$2,283$1,438$875$518$301$18
41 years$2,203$1,369$821$478$273$15
42 years$2,126$1,304$770$441$248$13
43 years$2,053$1,242$723$408$225$11
44 years$1,984$1,184$678$376$204$9
45 years$1,918$1,129$637$347$185$7
46 years$1,855$1,077$598$321$168$6
47 years$1,795$1,028$562$297$153$5
48 years$1,738$981$528$274$139$4
49 years$1,683$937$496$253$126$4
50 years$1,631$895$467$234$114$3

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 $5,606 every year, while hoping to spend $36,874 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: 47/37/16 Blend
43$1,670,000$1,670,000$1,670,000$1,670,000
44$1,846,123$1,757,613$1,731,728$1,924,308
45$1,995,193$1,804,502$1,750,507$2,026,038
46$2,158,234$1,852,453$1,768,679$2,132,188
47$2,336,629$1,901,479$1,786,186$2,246,600
48$2,531,906$1,951,592$1,802,964$2,370,061
49$2,745,745$2,002,805$1,818,947$2,503,433
50$2,979,996$2,055,127$1,834,067$2,647,670
51$3,236,698$2,108,571$1,848,251$2,803,817
52$3,518,095$2,163,144$1,861,421$2,973,030
53$3,826,658$2,218,856$1,873,496$3,156,577
54$4,165,112$2,275,714$1,884,393$3,355,859
55$4,536,453$2,333,725$1,894,020$3,572,416
56$4,943,987$2,392,892$1,902,285$3,807,945
57$5,391,350$2,453,221$1,909,088$4,064,317
58$5,882,551$2,514,712$1,914,326$4,343,591
59$6,422,006$2,577,367$1,917,890$4,648,036
60$7,014,577$2,641,185$1,919,666$4,980,151
61$7,665,622$2,706,161$1,919,533$5,342,692
62$8,381,044$2,772,291$1,917,366$5,738,691
63$9,167,345$2,839,568$1,913,032$6,171,493
64$10,031,689$2,907,982$1,906,394$6,644,781
65$10,981,968$2,977,520$1,897,305$7,162,615
66$12,026,878$3,048,167$1,885,614$7,729,467
67$13,175,998$3,119,906$1,871,160$8,350,265
68$14,439,883$3,192,715$1,853,777$9,030,441
69$15,830,163$3,266,569$1,833,290$9,775,980
70$17,359,649$3,341,441$1,809,515$10,593,477
71$19,042,460$3,417,298$1,782,261$11,490,199
72$20,894,149$3,494,104$1,751,325$12,474,156
73$22,931,855$3,571,818$1,716,497$13,554,173
74$25,174,462$3,650,395$1,677,558$14,739,979
75$27,642,777$3,729,785$1,634,276$16,042,291
76$30,359,727$3,809,930$1,586,411$17,472,924
77$33,350,573$3,890,771$1,533,709$19,044,896
78$36,643,152$3,972,239$1,475,909$20,772,554
79$40,268,134$4,054,259$1,412,732$22,671,711
80$44,259,317$4,136,751$1,343,892$24,759,792
81$48,653,941$4,219,626$1,269,086$27,056,001
82$53,493,043$4,302,787$1,188,000$29,581,504
83$58,821,839$4,386,130$1,100,304$32,359,625
84$64,690,157$4,469,540$1,005,655$35,416,071
85$71,152,900$4,552,895$903,691$38,779,172
86$78,270,570$4,636,061$794,039$42,480,151
87$86,109,835$4,718,895$676,306$46,553,417
88$94,744,159$4,801,241$550,083$51,036,891
89$104,254,493$4,882,932$414,941$55,972,369
90$114,730,045$4,963,789$270,435$61,405,909
91$126,269,113$5,043,618$116,098$67,388,273
92$138,980,018$5,122,212$0$73,975,404
93$152,982,127$5,199,347$0$81,237,256
94$168,406,975$5,274,786$0$89,255,167
95$185,399,509$5,348,272$0$98,084,271
96$204,119,454$5,419,533$0$107,807,191
97$224,742,823$5,488,274$0$118,514,975
98$247,463,575$5,554,185$0$130,307,961
99$272,495,450$5,616,930$0$143,296,723
100$300,073,980$5,676,153$0$157,603,113