Can I retire at age 44 with 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 $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%11.6%
1 years$55,328$54,835$54,354$53,885$53,427$53,068
2 years$27,390$26,880$26,386$25,906$25,441$25,079
3 years$18,079$17,566$17,073$16,598$16,141$15,787
4 years$13,424$12,913$12,425$11,958$11,512$11,169
5 years$10,632$10,124$9,642$9,185$8,751$8,420
6 years$8,771$8,267$7,792$7,345$6,924$6,606
7 years$7,442$6,943$6,476$6,039$5,631$5,325
8 years$6,446$5,951$5,492$5,066$4,672$4,378
9 years$5,672$5,182$4,730$4,315$3,934$3,653
10 years$5,053$4,567$4,124$3,720$3,352$3,083
11 years$4,547$4,066$3,630$3,237$2,883$2,626
12 years$4,125$3,649$3,222$2,839$2,498$2,253
13 years$3,769$3,298$2,879$2,507$2,179$1,945
14 years$3,464$2,998$2,586$2,225$1,910$1,687
15 years$3,199$2,739$2,335$1,985$1,682$1,470
16 years$2,968$2,513$2,117$1,777$1,486$1,285
17 years$2,765$2,314$1,927$1,597$1,318$1,127
18 years$2,584$2,138$1,759$1,439$1,172$991
19 years$2,422$1,982$1,610$1,300$1,044$874
20 years$2,277$1,841$1,478$1,178$933$771
21 years$2,146$1,715$1,359$1,069$835$682
22 years$2,027$1,601$1,253$972$748$604
23 years$1,918$1,497$1,157$885$672$536
24 years$1,819$1,403$1,070$807$604$476
25 years$1,727$1,317$991$737$543$423
26 years$1,643$1,237$919$674$489$377
27 years$1,565$1,165$853$617$441$335
28 years$1,493$1,097$793$565$398$299
29 years$1,426$1,035$738$518$359$266
30 years$1,364$978$688$476$325$238
31 years$1,306$924$641$437$294$212
32 years$1,251$875$598$401$266$189
33 years$1,200$828$558$369$240$169
34 years$1,152$785$522$340$218$151
35 years$1,107$745$488$313$197$135
36 years$1,064$707$456$288$179$121
37 years$1,024$671$427$265$162$108
38 years$986$638$400$245$147$97
39 years$950$607$375$226$133$86
40 years$916$577$351$208$121$77
41 years$884$549$329$192$110$69
42 years$853$523$309$177$99$62
43 years$824$498$290$163$90$55
44 years$796$475$272$151$82$50
45 years$770$453$255$139$74$44
46 years$744$432$240$129$67$40
47 years$720$412$225$119$61$36
48 years$697$394$212$110$56$32
49 years$675$376$199$102$51$29
50 years$654$359$187$94$46$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $670,000, adding $3,566 every year, while hoping to spend $43,502 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: 53/27/20 Blend
43$670,000$670,000$670,000$670,000
44$742,018$706,508$696,123$777,104
45$771,418$694,841$673,158$789,921
46$802,359$681,145$647,965$799,013
47$834,952$665,273$620,424$807,973
48$869,318$647,073$590,409$816,801
49$905,590$626,380$557,788$825,500
50$943,910$603,023$522,425$834,079
51$984,436$576,819$484,173$842,546
52$1,027,340$547,574$442,885$850,917
53$1,072,809$515,085$398,401$859,211
54$1,121,047$479,136$350,559$867,452
55$1,172,278$439,497$299,187$875,671
56$1,226,746$395,929$244,105$883,906
57$1,284,719$348,174$185,128$892,201
58$1,346,490$295,964$122,059$900,612
59$1,412,379$239,014$54,696$909,203
60$1,482,739$177,022$0$918,050
61$1,557,953$109,672$0$930,911
62$1,638,445$36,626$0$956,917
63$1,724,677$0$0$984,551
64$1,817,156$0$0$1,026,623
65$1,916,439$0$0$1,083,517
66$2,023,139$0$0$1,144,709
67$2,137,925$0$0$1,210,588
68$2,261,536$0$0$1,281,584
69$2,394,779$0$0$1,358,168
70$2,538,543$0$0$1,440,858
71$2,693,806$0$0$1,530,224
72$2,861,640$0$0$1,626,891
73$3,043,224$0$0$1,731,546
74$3,239,856$0$0$1,844,946
75$3,452,960$0$0$1,967,920
76$3,684,104$0$0$2,101,385
77$3,935,011$0$0$2,246,343
78$4,207,577$0$0$2,403,902
79$4,503,888$0$0$2,575,278
80$4,826,237$0$0$2,761,808
81$5,177,148$0$0$2,964,966
82$5,559,400$0$0$3,186,372
83$5,976,048$0$0$3,427,809
84$6,430,457$0$0$3,691,240
85$6,926,328$0$0$3,978,826
86$7,467,736$0$0$4,292,944
87$8,059,169$0$0$4,636,213
88$8,705,563$0$0$5,011,515
89$9,412,357$0$0$5,422,024
90$10,185,538$0$0$5,871,234
91$11,031,696$0$0$6,362,993
92$11,958,090$0$0$6,901,537
93$12,972,712$0$0$7,491,532
94$14,084,366$0$0$8,138,117
95$15,302,744$0$0$8,846,951
96$16,638,522$0$0$9,624,266
97$18,103,459$0$0$10,476,928
98$19,710,506$0$0$11,412,498
99$21,473,926$0$0$12,439,303
100$23,409,434$0$0$13,566,519