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 $4,424 every year, while hoping to spend $21,820 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: 65/30/5 Blend
44$9,000,000$9,000,000$9,000,000$9,000,000
45$9,922,563$9,445,563$9,306,063$10,560,564
46$10,911,449$9,885,180$9,594,600$11,424,457
47$12,000,469$10,345,606$9,892,072$12,364,851
48$13,199,814$10,827,839$10,198,754$13,391,611
49$14,520,715$11,332,923$10,514,932$14,513,125
50$15,975,546$11,861,953$10,840,900$15,738,616
51$17,577,941$12,416,078$11,176,959$17,078,229
52$19,342,926$12,996,501$11,523,423$18,543,122
53$21,287,059$13,604,484$11,880,612$20,145,567
54$23,428,585$14,241,350$12,248,858$21,899,068
55$25,787,609$14,908,485$12,628,504$23,818,480
56$28,386,287$15,607,342$13,019,901$25,920,149
57$31,249,033$16,339,447$13,423,412$28,222,061
58$34,402,751$17,106,396$13,839,412$30,744,009
59$37,877,086$17,909,864$14,268,287$33,507,777
60$41,704,709$18,751,608$14,710,435$36,537,339
61$45,921,621$19,633,468$15,166,266$39,859,083
62$50,567,494$20,557,375$15,636,203$43,502,055
63$55,686,044$21,525,352$16,120,682$47,498,230
64$61,325,447$22,539,521$16,620,152$51,882,806
65$67,538,791$23,602,107$17,135,075$56,694,534
66$74,384,578$24,715,440$17,665,931$61,976,079
67$81,927,276$25,881,967$18,213,210$67,774,412
68$90,237,926$27,104,252$18,777,421$74,141,255
69$99,394,815$28,384,981$19,359,085$81,133,558
70$109,484,215$29,726,974$19,958,743$88,814,030
71$120,601,194$31,133,185$20,576,950$97,251,730
72$132,850,517$32,606,712$21,214,279$106,522,705
73$146,347,633$34,150,804$21,871,321$116,710,703
74$161,219,766$35,768,867$22,548,684$127,907,958
75$177,607,113$37,464,472$23,246,996$140,216,051
76$195,664,171$39,241,365$23,966,903$153,746,860
77$215,561,196$41,103,471$24,709,073$168,623,608
78$237,485,804$43,054,907$25,474,194$184,982,018
79$261,644,749$45,099,991$26,262,972$202,971,581
80$288,265,872$47,243,248$27,076,140$222,756,963
81$317,600,250$49,489,426$27,914,450$244,519,544
82$349,924,569$51,843,502$28,778,677$268,459,119
83$385,543,735$54,310,693$29,669,623$294,795,777
84$424,793,752$56,896,473$30,588,112$323,771,963
85$468,044,894$59,606,580$31,534,993$355,654,753
86$515,705,202$62,447,031$32,511,143$390,738,366
87$568,224,332$65,424,135$33,517,466$429,346,925
88$626,097,805$68,544,509$34,554,893$471,837,500
89$689,871,683$71,815,092$35,624,383$518,603,469
90$760,147,720$75,243,157$36,726,926$570,078,211
91$837,589,051$78,836,335$37,863,542$626,739,180
92$922,926,446$82,602,627$39,035,281$689,112,401
93$1,016,965,208$86,550,420$40,243,228$757,777,410
94$1,120,592,783$90,688,514$41,488,500$833,372,709
95$1,234,787,129$95,026,134$42,772,247$916,601,774
96$1,360,625,957$99,572,955$44,095,658$1,008,239,675
97$1,499,296,897$104,339,122$45,459,954$1,109,140,367
98$1,652,108,716$109,335,275$46,866,399$1,220,244,734
99$1,820,503,672$114,572,570$48,316,290$1,342,589,444
100$2,006,071,129$120,062,709$49,810,968$1,477,316,711