Can I retire at age 44 with 1,660,000?

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 $1,660,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$137,081$135,860$134,669$133,506$132,371$128,546
2 years$67,862$66,598$65,373$64,186$63,034$59,210
3 years$44,792$43,523$42,301$41,124$39,991$36,289
4 years$33,259$31,994$30,784$29,628$28,522$24,970
5 years$26,341$25,083$23,890$22,757$21,682$18,290
6 years$21,731$20,483$19,306$18,199$17,156$13,927
7 years$18,439$17,201$16,044$14,962$13,953$10,886
8 years$15,971$14,745$13,606$12,552$11,575$8,669
9 years$14,053$12,838$11,719$10,691$9,748$7,000
10 years$12,519$11,316$10,217$9,216$8,306$5,712
11 years$11,265$10,074$8,995$8,021$7,143$4,700
12 years$10,221$9,042$7,983$7,035$6,190$3,892
13 years$9,338$8,171$7,132$6,211$5,398$3,240
14 years$8,582$7,427$6,408$5,513$4,732$2,708
15 years$7,927$6,785$5,786$4,917$4,166$2,272
16 years$7,354$6,225$5,246$4,403$3,682$1,911
17 years$6,850$5,733$4,773$3,956$3,265$1,612
18 years$6,402$5,298$4,357$3,565$2,903$1,362
19 years$6,002$4,910$3,989$3,221$2,587$1,153
20 years$5,642$4,562$3,661$2,917$2,311$977
21 years$5,317$4,250$3,367$2,648$2,068$829
22 years$5,021$3,967$3,104$2,407$1,854$704
23 years$4,752$3,710$2,866$2,192$1,664$598
24 years$4,506$3,476$2,650$2,000$1,496$509
25 years$4,280$3,262$2,455$1,826$1,346$433
26 years$4,071$3,066$2,276$1,670$1,212$369
27 years$3,878$2,885$2,114$1,528$1,093$314
28 years$3,700$2,719$1,965$1,400$986$268
29 years$3,534$2,565$1,829$1,284$891$228
30 years$3,379$2,422$1,703$1,179$805$195
31 years$3,235$2,290$1,588$1,082$728$166
32 years$3,099$2,167$1,482$995$658$142
33 years$2,973$2,052$1,383$915$596$121
34 years$2,854$1,945$1,293$842$539$103
35 years$2,742$1,845$1,208$775$488$88
36 years$2,636$1,751$1,131$714$443$75
37 years$2,537$1,663$1,058$657$401$64
38 years$2,443$1,580$991$606$364$55
39 years$2,354$1,503$928$559$330$47
40 years$2,269$1,430$870$515$299$40
41 years$2,189$1,361$816$475$271$34
42 years$2,113$1,296$765$439$246$29
43 years$2,041$1,235$718$405$223$25
44 years$1,972$1,177$674$374$203$21
45 years$1,907$1,123$633$345$184$18
46 years$1,844$1,071$595$319$167$15
47 years$1,785$1,022$559$295$152$13
48 years$1,727$976$525$272$138$11
49 years$1,673$932$493$252$125$10
50 years$1,621$890$464$233$114$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,660,000, adding $5,486 every year, while hoping to spend $34,585 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: 56/18/26 Blend
43$1,660,000$1,660,000$1,660,000$1,660,000
44$1,834,979$1,746,999$1,721,269$1,924,370
45$1,985,348$1,795,804$1,742,133$2,035,157
46$2,149,897$1,845,841$1,762,537$2,151,721
47$2,330,033$1,897,134$1,782,429$2,278,006
48$2,527,310$1,949,707$1,801,754$2,414,962
49$2,743,437$2,003,584$1,820,455$2,563,631
50$2,980,297$2,058,789$1,838,469$2,725,165
51$3,239,963$2,115,346$1,855,734$2,900,829
52$3,524,719$2,173,277$1,872,180$3,092,020
53$3,837,080$2,232,607$1,887,738$3,300,274
54$4,179,816$2,293,358$1,902,331$3,527,287
55$4,555,978$2,355,554$1,915,880$3,774,923
56$4,968,929$2,419,217$1,928,303$4,045,240
57$5,422,370$2,484,369$1,939,511$4,340,503
58$5,920,380$2,551,032$1,949,414$4,663,209
59$6,467,453$2,619,226$1,957,913$5,016,108
60$7,068,538$2,688,973$1,964,907$5,402,232
61$7,729,087$2,760,291$1,970,290$5,824,921
62$8,455,109$2,833,200$1,973,950$6,287,856
63$9,253,221$2,907,718$1,975,768$6,795,092
64$10,130,715$2,983,862$1,975,621$7,351,101
65$11,095,623$3,061,646$1,973,380$7,960,806
66$12,156,797$3,141,087$1,968,909$8,629,637
67$13,323,987$3,222,198$1,962,064$9,363,575
68$14,607,938$3,304,989$1,952,697$10,169,214
69$16,020,486$3,389,472$1,940,651$11,053,817
70$17,574,673$3,475,654$1,925,761$12,025,391
71$19,284,871$3,563,542$1,907,855$13,092,760
72$21,166,913$3,653,141$1,886,753$14,265,647
73$23,238,245$3,744,451$1,862,266$15,554,769
74$25,518,091$3,837,474$1,834,197$16,971,936
75$28,027,631$3,932,206$1,802,338$18,530,162
76$30,790,206$4,028,640$1,766,472$20,243,793
77$33,831,532$4,126,768$1,726,374$22,128,636
78$37,179,945$4,226,577$1,681,805$24,202,112
79$40,866,672$4,328,051$1,632,517$26,483,422
80$44,926,117$4,431,170$1,578,251$28,993,724
81$49,396,193$4,535,910$1,518,734$31,756,338
82$54,318,677$4,642,242$1,453,684$34,796,963
83$59,739,602$4,750,132$1,382,803$38,143,923
84$65,709,695$4,859,542$1,305,780$41,828,430
85$72,284,852$4,970,428$1,222,292$45,884,884
86$79,526,668$5,082,739$1,132,000$50,351,197
87$87,503,014$5,196,420$1,034,548$55,269,147
88$96,288,684$5,311,407$929,567$60,684,780
89$105,966,093$5,427,629$816,671$66,648,840
90$116,626,061$5,545,009$695,456$73,217,250
91$128,368,665$5,663,461$565,500$80,451,641
92$141,304,188$5,782,889$426,364$88,419,934
93$155,554,154$5,903,190$277,586$97,196,983
94$171,252,481$6,024,249$118,688$106,865,278
95$188,546,738$6,145,942$0$117,515,733
96$207,599,545$6,268,133$0$129,262,651
97$228,590,101$6,390,674$0$142,238,387
98$251,715,879$6,513,404$0$156,531,813
99$277,194,488$6,636,150$0$172,277,185
100$305,265,728$6,758,724$0$189,622,453