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

Use the below retirement simulation to view the chances of a successful retirement.
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%13.5%
1 years$743,212$736,591$730,133$723,828$717,673$707,240
2 years$367,927$361,074$354,433$347,994$341,749$331,260
3 years$242,848$235,966$229,342$222,963$216,820$206,600
4 years$180,321$173,460$166,902$160,633$154,638$144,767
5 years$142,814$135,995$129,523$123,381$117,553$108,060
6 years$117,818$111,050$104,674$98,669$93,016$83,911
7 years$99,971$93,260$86,984$81,121$75,647$66,934
8 years$86,591$79,941$73,770$68,051$62,756$54,433
9 years$76,191$69,603$63,538$57,964$52,850$44,913
10 years$67,875$61,351$55,394$49,966$45,031$37,475
11 years$61,076$54,618$48,768$43,485$38,728$31,545
12 years$55,414$49,022$43,280$38,142$33,561$26,742
13 years$50,626$44,301$38,668$33,674$29,266$22,801
14 years$46,527$40,269$34,743$29,892$25,654$19,534
15 years$42,977$36,786$31,369$26,658$22,588$16,802
16 years$39,873$33,751$28,440$23,870$19,963$14,500
17 years$37,138$31,083$25,879$21,447$17,701$12,549
18 years$34,710$28,722$23,625$19,328$15,739$10,886
19 years$32,539$26,619$21,627$17,464$14,028$9,463
20 years$30,588$24,736$19,848$15,817$12,530$8,240
21 years$28,825$23,041$18,257$14,355$11,213$7,186
22 years$27,225$21,508$16,826$13,052$10,051$6,275
23 years$25,766$20,116$15,536$11,887$9,022$5,486
24 years$24,430$18,847$14,368$10,841$8,110$4,801
25 years$23,203$17,687$13,308$9,901$7,297$4,205
26 years$22,073$16,623$12,342$9,053$6,573$3,685
27 years$21,028$15,644$11,461$8,286$5,926$3,232
28 years$20,059$14,741$10,654$7,592$5,347$2,836
29 years$19,159$13,907$9,915$6,962$4,829$2,490
30 years$18,320$13,133$9,235$6,390$4,363$2,187
31 years$17,537$12,416$8,610$5,868$3,944$1,922
32 years$16,804$11,748$8,033$5,393$3,568$1,689
33 years$16,118$11,125$7,501$4,959$3,229$1,485
34 years$15,473$10,544$7,008$4,563$2,924$1,306
35 years$14,866$10,001$6,552$4,201$2,648$1,149
36 years$14,294$9,492$6,129$3,869$2,399$1,011
37 years$13,754$9,016$5,737$3,564$2,175$889
38 years$13,244$8,568$5,372$3,285$1,971$783
39 years$12,762$8,147$5,033$3,029$1,788$689
40 years$12,304$7,752$4,718$2,794$1,622$606
41 years$11,870$7,379$4,424$2,578$1,471$534
42 years$11,458$7,027$4,150$2,379$1,335$470
43 years$11,066$6,696$3,894$2,196$1,211$414
44 years$10,693$6,382$3,655$2,028$1,100$365
45 years$10,338$6,086$3,432$1,873$998$321
46 years$9,999$5,806$3,223$1,730$906$283
47 years$9,675$5,541$3,028$1,598$823$249
48 years$9,366$5,289$2,846$1,477$747$219
49 years$9,070$5,051$2,675$1,365$679$193
50 years$8,787$4,825$2,515$1,262$617$170

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 $5,681 every year, while hoping to spend $52,731 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: 45/32/23 Blend
44$9,000,000$9,000,000$9,000,000$9,000,000
45$9,923,860$9,446,860$9,307,360$10,304,364
46$10,879,988$9,853,651$9,563,051$10,980,132
47$11,931,874$10,278,607$9,825,541$11,706,929
48$13,089,230$10,722,563$10,095,001$12,494,067
49$14,362,755$11,186,392$10,371,607$13,347,188
50$15,764,241$11,671,010$10,655,540$14,272,487
51$17,306,677$12,177,373$10,946,984$15,276,774
52$19,004,377$12,706,484$11,246,128$16,367,526
53$20,873,115$13,259,393$11,553,164$17,552,965
54$22,930,268$13,837,198$11,868,290$18,842,124
55$25,194,985$14,441,051$12,191,708$20,244,934
56$27,688,367$15,072,156$12,523,624$21,772,311
57$30,433,665$15,731,776$12,864,249$23,436,261
58$33,456,496$16,421,230$13,213,800$25,249,981
59$36,785,093$17,141,905$13,572,496$27,227,990
60$40,450,561$17,895,247$13,940,563$29,386,252
61$44,487,179$18,682,774$14,318,233$31,742,331
62$48,932,718$19,506,077$14,705,740$34,315,547
63$53,828,798$20,366,818$15,103,326$37,127,157
64$59,221,285$21,266,742$15,511,237$40,200,547
65$65,160,717$22,207,673$15,929,724$43,561,453
66$71,702,785$23,191,523$16,359,044$47,238,196
67$78,908,858$24,220,297$16,799,461$51,261,943
68$86,846,560$25,296,090$17,251,242$55,666,998
69$95,590,411$26,421,101$17,714,660$60,491,116
70$105,222,529$27,597,630$18,189,997$65,775,861
71$115,833,402$28,828,089$18,677,537$71,566,982
72$127,522,747$30,115,004$19,177,573$77,914,846
73$140,400,447$31,461,018$19,690,401$84,874,904
74$154,587,589$32,868,905$20,216,326$92,508,204
75$170,217,607$34,341,566$20,755,657$100,881,967
76$187,437,544$35,882,043$21,308,712$110,070,206
77$206,409,432$37,493,522$21,875,814$120,154,420
78$227,311,832$39,179,342$22,457,290$131,224,356
79$250,341,507$40,942,999$23,053,478$143,378,844
80$275,715,292$42,788,156$23,664,721$156,726,722
81$303,672,130$44,718,654$24,291,367$171,387,856
82$334,475,332$46,738,513$24,933,773$187,494,256
83$368,415,063$48,851,947$25,592,301$205,191,316
84$405,811,079$51,063,372$26,267,323$224,639,173
85$447,015,745$53,377,414$26,959,215$246,014,209
86$492,417,364$55,798,920$27,668,361$269,510,700
87$542,443,837$58,332,969$28,395,153$295,342,643
88$597,566,707$60,984,883$29,139,989$323,745,757
89$658,305,608$63,760,240$29,903,276$354,979,698
90$725,233,171$66,664,882$30,685,427$389,330,492
91$798,980,428$69,704,934$31,486,861$427,113,226
92$880,242,769$72,886,814$32,308,009$468,674,999
93$969,786,508$76,217,244$33,149,304$514,398,189
94$1,068,456,117$79,703,274$34,011,191$564,704,039
95$1,177,182,194$83,352,288$34,894,119$620,056,621
96$1,296,990,254$87,172,026$35,798,547$680,967,194
97$1,429,010,402$91,170,598$36,724,942$747,999,012
98$1,574,488,011$95,356,505$37,673,775$821,772,621
99$1,734,795,470$99,738,656$38,645,529$902,971,696
100$1,911,445,145$104,326,387$39,640,691$992,349,468