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%19.9%
1 years$137,907$136,679$135,480$134,310$133,168$127,885
2 years$68,271$66,999$65,767$64,572$63,413$58,156
3 years$45,062$43,785$42,556$41,372$40,232$35,166
4 years$33,460$32,186$30,970$29,806$28,694$23,858
5 years$26,500$25,235$24,034$22,894$21,813$17,219
6 years$21,862$20,606$19,423$18,309$17,260$12,911
7 years$18,550$17,305$16,140$15,052$14,037$9,932
8 years$16,068$14,833$13,688$12,627$11,645$7,780
9 years$14,138$12,915$11,790$10,756$9,807$6,175
10 years$12,595$11,384$10,279$9,271$8,356$4,951
11 years$11,333$10,135$9,049$8,069$7,186$4,000
12 years$10,282$9,096$8,031$7,077$6,227$3,251
13 years$9,394$8,220$7,175$6,248$5,430$2,655
14 years$8,633$7,472$6,447$5,547$4,760$2,177
15 years$7,975$6,826$5,821$4,947$4,191$1,790
16 years$7,399$6,263$5,277$4,429$3,704$1,476
17 years$6,891$5,768$4,802$3,980$3,284$1,219
18 years$6,441$5,330$4,384$3,586$2,920$1,009
19 years$6,038$4,939$4,013$3,241$2,603$836
20 years$5,676$4,590$3,683$2,935$2,325$693
21 years$5,349$4,275$3,388$2,664$2,081$576
22 years$5,052$3,991$3,122$2,422$1,865$478
23 years$4,781$3,733$2,883$2,206$1,674$398
24 years$4,533$3,497$2,666$2,012$1,505$331
25 years$4,306$3,282$2,469$1,837$1,354$275
26 years$4,096$3,084$2,290$1,680$1,220$229
27 years$3,902$2,903$2,127$1,538$1,100$191
28 years$3,722$2,735$1,977$1,409$992$159
29 years$3,555$2,580$1,840$1,292$896$132
30 years$3,399$2,437$1,714$1,186$810$110
31 years$3,254$2,304$1,598$1,089$732$92
32 years$3,118$2,180$1,491$1,001$662$77
33 years$2,991$2,064$1,392$920$599$64
34 years$2,871$1,957$1,300$847$542$53
35 years$2,758$1,856$1,216$779$491$44
36 years$2,652$1,761$1,137$718$445$37
37 years$2,552$1,673$1,065$661$403$31
38 years$2,458$1,590$997$610$366$26
39 years$2,368$1,512$934$562$332$21
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$12
43 years$2,053$1,242$723$408$225$10
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$3
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 $2,282 every year, while hoping to spend $44,332 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: 50/34/16 Blend
43$1,670,000$1,670,000$1,670,000$1,670,000
44$1,842,694$1,754,184$1,728,299$1,926,591
45$1,983,480$1,792,970$1,739,028$2,023,388
46$2,137,140$1,832,171$1,748,631$2,123,732
47$2,304,941$1,871,760$1,757,022$2,231,810
48$2,488,277$1,911,708$1,764,114$2,348,364
49$2,688,682$1,951,983$1,769,813$2,474,213
50$2,907,846$1,992,549$1,774,021$2,610,260
51$3,147,631$2,033,367$1,776,635$2,757,498
52$3,410,083$2,074,397$1,777,546$2,917,025
53$3,697,460$2,115,590$1,776,642$3,090,047
54$4,012,245$2,156,898$1,773,804$3,277,896
55$4,357,173$2,198,266$1,768,906$3,482,039
56$4,735,259$2,239,634$1,761,818$3,704,094
57$5,149,819$2,280,940$1,752,402$3,945,845
58$5,604,508$2,322,114$1,740,516$4,209,256
59$6,103,352$2,363,082$1,726,007$4,496,494
60$6,650,785$2,403,764$1,708,719$4,809,947
61$7,251,690$2,444,073$1,688,486$5,152,249
62$7,911,446$2,483,917$1,665,134$5,526,303
63$8,635,980$2,523,195$1,638,483$5,935,307
64$9,431,821$2,561,802$1,608,342$6,382,790
65$10,306,158$2,599,622$1,574,514$6,872,640
66$11,266,915$2,636,533$1,536,789$7,409,145
67$12,322,819$2,672,402$1,494,950$7,997,032
68$13,483,487$2,707,089$1,448,771$8,641,509
69$14,759,509$2,740,444$1,398,012$9,348,322
70$16,162,559$2,772,305$1,342,425$10,123,802
71$17,705,493$2,802,501$1,281,749$10,974,931
72$19,402,479$2,830,849$1,215,713$11,909,404
73$21,269,125$2,857,154$1,144,033$12,935,705
74$23,322,627$2,881,206$1,066,410$14,063,187
75$25,581,935$2,902,785$982,534$15,302,158
76$28,067,924$2,921,653$892,081$16,663,986
77$30,803,599$2,937,560$794,712$18,161,199
78$33,814,303$2,950,238$690,072$19,807,608
79$37,127,965$2,959,403$577,792$21,618,440
80$40,775,355$2,964,751$457,486$23,610,477
81$44,790,380$2,965,963$328,750$25,802,221
82$49,210,399$2,962,695$191,164$28,214,067
83$54,076,580$2,954,587$44,288$30,868,494
84$59,434,282$2,941,253$0$33,790,286
85$65,333,490$2,922,285$0$37,025,956
86$71,829,279$2,897,251$0$40,595,732
87$78,982,340$2,865,690$0$44,525,323
88$86,859,547$2,827,118$0$48,851,402
89$95,534,591$2,781,017$0$53,614,388
90$105,088,674$2,726,841$0$58,858,828
91$115,611,274$2,664,011$0$64,633,818
92$127,200,991$2,591,915$0$70,993,467
93$139,966,476$2,509,903$0$77,997,410
94$154,027,457$2,417,288$0$85,711,370
95$169,515,867$2,313,344$0$94,207,784
96$186,577,089$2,197,302$0$103,566,483
97$205,371,329$2,068,347$0$113,875,449
98$226,075,129$1,925,620$0$125,231,650
99$248,883,027$1,768,211$0$137,741,950
100$274,009,401$1,595,159$0$151,524,129