Can I retire at age 45 with 9,000,000?

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 $9,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$743,212$736,591$730,133$723,828$717,673$709,588
2 years$367,927$361,074$354,433$347,994$341,749$333,610
3 years$242,848$235,966$229,342$222,963$216,820$208,879
4 years$180,321$173,460$166,902$160,633$154,638$146,956
5 years$142,814$135,995$129,523$123,381$117,553$110,154
6 years$117,818$111,050$104,674$98,669$93,016$85,908
7 years$99,971$93,260$86,984$81,121$75,647$68,832
8 years$86,591$79,941$73,770$68,051$62,756$56,236
9 years$76,191$69,603$63,538$57,964$52,850$46,620
10 years$67,875$61,351$55,394$49,966$45,031$39,088
11 years$61,076$54,618$48,768$43,485$38,728$33,067
12 years$55,414$49,022$43,280$38,142$33,561$28,176
13 years$50,626$44,301$38,668$33,674$29,266$24,150
14 years$46,527$40,269$34,743$29,892$25,654$20,800
15 years$42,977$36,786$31,369$26,658$22,588$17,988
16 years$39,873$33,751$28,440$23,870$19,963$15,610
17 years$37,138$31,083$25,879$21,447$17,701$13,586
18 years$34,710$28,722$23,625$19,328$15,739$11,854
19 years$32,539$26,619$21,627$17,464$14,028$10,364
20 years$30,588$24,736$19,848$15,817$12,530$9,079
21 years$28,825$23,041$18,257$14,355$11,213$7,965
22 years$27,225$21,508$16,826$13,052$10,051$6,998
23 years$25,766$20,116$15,536$11,887$9,022$6,155
24 years$24,430$18,847$14,368$10,841$8,110$5,420
25 years$23,203$17,687$13,308$9,901$7,297$4,777
26 years$22,073$16,623$12,342$9,053$6,573$4,213
27 years$21,028$15,644$11,461$8,286$5,926$3,719
28 years$20,059$14,741$10,654$7,592$5,347$3,285
29 years$19,159$13,907$9,915$6,962$4,829$2,903
30 years$18,320$13,133$9,235$6,390$4,363$2,566
31 years$17,537$12,416$8,610$5,868$3,944$2,270
32 years$16,804$11,748$8,033$5,393$3,568$2,008
33 years$16,118$11,125$7,501$4,959$3,229$1,777
34 years$15,473$10,544$7,008$4,563$2,924$1,574
35 years$14,866$10,001$6,552$4,201$2,648$1,394
36 years$14,294$9,492$6,129$3,869$2,399$1,234
37 years$13,754$9,016$5,737$3,564$2,175$1,094
38 years$13,244$8,568$5,372$3,285$1,971$969
39 years$12,762$8,147$5,033$3,029$1,788$859
40 years$12,304$7,752$4,718$2,794$1,622$761
41 years$11,870$7,379$4,424$2,578$1,471$675
42 years$11,458$7,027$4,150$2,379$1,335$598
43 years$11,066$6,696$3,894$2,196$1,211$530
44 years$10,693$6,382$3,655$2,028$1,100$470
45 years$10,338$6,086$3,432$1,873$998$417
46 years$9,999$5,806$3,223$1,730$906$370
47 years$9,675$5,541$3,028$1,598$823$328
48 years$9,366$5,289$2,846$1,477$747$291
49 years$9,070$5,051$2,675$1,365$679$258
50 years$8,787$4,825$2,515$1,262$617$229

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $9,000,000, adding $5,241 every year, while hoping to spend $56,006 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: 45/45/10 Blend
44$9,000,000$9,000,000$9,000,000$9,000,000
45$9,923,406$9,446,406$9,306,906$10,341,676
46$10,876,004$9,849,690$9,559,097$11,035,138
47$11,923,889$10,270,858$9,817,860$11,780,473
48$13,076,722$10,710,727$10,083,355$12,587,381
49$14,345,148$11,170,152$10,355,747$13,461,558
50$15,740,892$11,650,029$10,635,204$14,409,263
51$17,276,877$12,151,294$10,921,898$15,437,362
52$18,967,341$12,674,930$11,216,004$16,553,397
53$20,827,972$13,221,963$11,517,702$17,765,652
54$22,876,054$13,793,469$11,827,174$19,083,226
55$25,130,635$14,390,573$12,144,608$20,516,114
56$27,612,702$15,014,453$12,470,194$22,075,300
57$30,345,380$15,666,343$12,804,128$23,772,854
58$33,354,151$16,347,537$13,146,609$25,622,045
59$36,667,094$17,059,385$13,497,839$27,637,455
60$40,315,147$17,803,304$13,858,027$29,835,117
61$44,332,404$18,580,778$14,227,382$32,232,661
62$48,756,432$19,393,359$14,606,123$34,849,471
63$53,628,628$20,242,674$14,994,468$37,706,867
64$58,994,608$21,130,424$15,392,642$40,828,297
65$64,904,637$22,058,394$15,800,875$44,239,554
66$71,414,105$23,028,451$16,219,399$47,969,010
67$78,584,049$24,042,550$16,648,454$52,047,883
68$86,481,727$25,102,740$17,088,282$56,510,517
69$95,181,254$26,211,165$17,539,131$61,394,704
70$104,764,302$27,370,073$18,001,252$66,742,034
71$115,320,870$28,581,815$18,474,903$72,598,272
72$126,950,132$29,848,858$18,960,346$79,013,792
73$139,761,375$31,173,781$19,457,846$86,044,033
74$153,875,028$32,559,288$19,967,677$93,750,023
75$169,423,800$34,008,213$20,490,113$102,198,936
76$186,553,932$35,523,520$21,025,437$111,464,725
77$205,426,579$37,108,318$21,573,935$121,628,801
78$226,219,326$38,765,862$22,135,897$132,780,796
79$249,127,869$40,499,561$22,711,622$145,019,398
80$274,367,861$42,312,988$23,301,410$158,453,265
81$302,176,943$44,209,885$23,905,568$173,202,043
82$332,816,993$46,194,172$24,524,407$189,397,480
83$366,576,596$48,269,956$25,158,244$207,184,656
84$403,773,765$50,441,540$25,807,401$226,723,341
85$444,758,946$52,713,432$26,472,205$248,189,481
86$489,918,322$55,090,354$27,152,989$271,776,849
87$539,677,466$57,577,256$27,850,088$297,698,858
88$594,505,347$60,179,321$28,563,846$326,190,554
89$654,918,766$62,901,982$29,294,609$357,510,817
90$721,487,232$65,750,930$30,042,729$391,944,792
91$794,838,333$68,732,130$30,808,565$429,806,551
92$875,663,669$71,851,829$31,592,477$471,442,047
93$964,725,370$75,116,577$32,394,832$517,232,349
94$1,062,863,302$78,533,233$33,216,003$567,597,225
95$1,171,002,985$82,108,987$34,056,365$622,999,073
96$1,290,164,336$85,851,374$34,916,300$683,947,267
97$1,421,471,295$89,768,288$35,796,192$751,002,935
98$1,566,162,434$93,868,002$36,696,432$824,784,231
99$1,725,602,654$98,159,185$37,617,414$905,972,144
100$1,901,296,062$102,650,923$38,559,536$995,316,891