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%11.5%
1 years$743,212$736,591$730,133$723,828$717,673$713,150
2 years$367,927$361,074$354,433$347,994$341,749$337,187
3 years$242,848$235,966$229,342$222,963$216,820$212,359
4 years$180,321$173,460$166,902$160,633$154,638$150,313
5 years$142,814$135,995$129,523$123,381$117,553$113,378
6 years$117,818$111,050$104,674$98,669$93,016$88,995
7 years$99,971$93,260$86,984$81,121$75,647$71,782
8 years$86,591$79,941$73,770$68,051$62,756$59,048
9 years$76,191$69,603$63,538$57,964$52,850$49,297
10 years$67,875$61,351$55,394$49,966$45,031$41,632
11 years$61,076$54,618$48,768$43,485$38,728$35,480
12 years$55,414$49,022$43,280$38,142$33,561$30,462
13 years$50,626$44,301$38,668$33,674$29,266$26,312
14 years$46,527$40,269$34,743$29,892$25,654$22,842
15 years$42,977$36,786$31,369$26,658$22,588$19,914
16 years$39,873$33,751$28,440$23,870$19,963$17,424
17 years$37,138$31,083$25,879$21,447$17,701$15,292
18 years$34,710$28,722$23,625$19,328$15,739$13,456
19 years$32,539$26,619$21,627$17,464$14,028$11,867
20 years$30,588$24,736$19,848$15,817$12,530$10,487
21 years$28,825$23,041$18,257$14,355$11,213$9,283
22 years$27,225$21,508$16,826$13,052$10,051$8,229
23 years$25,766$20,116$15,536$11,887$9,022$7,305
24 years$24,430$18,847$14,368$10,841$8,110$6,492
25 years$23,203$17,687$13,308$9,901$7,297$5,775
26 years$22,073$16,623$12,342$9,053$6,573$5,142
27 years$21,028$15,644$11,461$8,286$5,926$4,582
28 years$20,059$14,741$10,654$7,592$5,347$4,086
29 years$19,159$13,907$9,915$6,962$4,829$3,646
30 years$18,320$13,133$9,235$6,390$4,363$3,255
31 years$17,537$12,416$8,610$5,868$3,944$2,907
32 years$16,804$11,748$8,033$5,393$3,568$2,598
33 years$16,118$11,125$7,501$4,959$3,229$2,322
34 years$15,473$10,544$7,008$4,563$2,924$2,077
35 years$14,866$10,001$6,552$4,201$2,648$1,858
36 years$14,294$9,492$6,129$3,869$2,399$1,662
37 years$13,754$9,016$5,737$3,564$2,175$1,488
38 years$13,244$8,568$5,372$3,285$1,971$1,332
39 years$12,762$8,147$5,033$3,029$1,788$1,192
40 years$12,304$7,752$4,718$2,794$1,622$1,068
41 years$11,870$7,379$4,424$2,578$1,471$956
42 years$11,458$7,027$4,150$2,379$1,335$857
43 years$11,066$6,696$3,894$2,196$1,211$768
44 years$10,693$6,382$3,655$2,028$1,100$688
45 years$10,338$6,086$3,432$1,873$998$616
46 years$9,999$5,806$3,223$1,730$906$552
47 years$9,675$5,541$3,028$1,598$823$495
48 years$9,366$5,289$2,846$1,477$747$444
49 years$9,070$5,051$2,675$1,365$679$398
50 years$8,787$4,825$2,515$1,262$617$356

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 $3,395 every year, while hoping to spend $29,381 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: 79/7/14 Blend
44$9,000,000$9,000,000$9,000,000$9,000,000
45$9,921,502$9,444,502$9,305,002$10,677,001
46$10,902,234$9,876,021$9,585,458$11,606,156
47$11,982,016$10,327,701$9,874,325$12,621,243
48$13,170,920$10,800,496$10,171,854$13,734,136
49$14,480,044$11,295,411$10,478,301$14,954,608
50$15,921,619$11,813,496$10,793,934$16,293,421
51$17,509,119$12,355,853$11,119,026$17,762,429
52$19,257,394$12,923,635$11,453,859$19,374,684
53$21,182,808$13,518,052$11,798,722$21,144,562
54$23,303,390$14,140,372$12,153,915$23,087,896
55$25,639,009$14,791,924$12,519,745$25,222,127
56$28,211,560$15,474,100$12,896,528$27,566,462
57$31,045,168$16,188,360$13,284,590$30,142,061
58$34,166,419$16,936,233$13,684,268$32,972,228
59$37,604,609$17,719,324$14,095,906$36,082,637
60$41,392,020$18,539,312$14,519,861$39,501,566
61$45,564,227$19,397,960$14,956,497$43,260,168
62$50,160,432$20,297,113$15,406,193$47,392,762
63$55,223,832$21,238,707$15,869,336$51,937,154
64$60,802,030$22,224,771$16,346,327$56,934,992
65$66,947,484$23,257,432$16,837,575$62,432,161
66$73,717,999$24,338,917$17,343,505$68,479,210
67$81,177,275$25,471,565$17,864,553$75,131,829
68$89,395,508$26,657,823$18,401,167$82,451,377
69$98,450,054$27,900,260$18,953,810$90,505,449
70$108,426,153$29,201,566$19,522,956$99,368,525
71$119,417,742$30,564,564$20,109,096$109,122,659
72$131,528,334$31,992,210$20,712,734$119,858,261
73$144,872,001$33,487,606$21,334,388$131,674,940
74$159,574,448$35,054,001$21,974,592$144,682,449
75$175,774,197$36,694,802$22,633,896$159,001,714
76$193,623,900$38,413,582$23,312,866$174,765,973
77$213,291,776$40,214,086$24,012,086$192,122,035
78$234,963,199$42,100,239$24,732,153$211,231,658
79$258,842,451$44,076,156$25,473,686$232,273,078
80$285,154,647$46,146,154$26,237,320$255,442,682
81$314,147,860$48,314,754$27,023,709$280,956,867
82$346,095,465$50,586,700$27,833,527$309,054,073
83$381,298,718$52,966,964$28,667,466$339,997,034
84$420,089,601$55,460,759$29,526,239$374,075,251
85$462,833,954$58,073,550$30,410,582$411,607,726
86$509,934,930$60,811,067$31,321,249$452,945,967
87$561,836,801$63,679,317$32,259,019$498,477,301
88$619,029,151$66,684,600$33,224,692$548,628,530
89$682,051,497$69,833,518$34,219,093$603,869,951
90$751,498,387$73,132,997$35,243,069$664,719,795
91$828,025,005$76,590,297$36,297,494$731,749,114
92$912,353,361$80,213,027$37,383,267$805,587,165
93$1,005,279,110$84,009,171$38,501,311$886,927,347
94$1,107,679,054$87,987,095$39,652,580$976,533,742
95$1,220,519,429$92,155,575$40,838,053$1,075,248,320
96$1,344,865,021$96,523,808$42,058,739$1,183,998,885
97$1,481,889,221$101,101,442$43,315,674$1,303,807,827
98$1,632,885,100$105,898,592$44,609,928$1,435,801,764
99$1,799,277,619$110,925,862$45,942,599$1,581,222,178
100$1,982,637,079$116,194,372$47,314,820$1,741,437,123