Can I retire at age 45 with 9,200,000?

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 $9,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$759,727$752,960$746,358$739,913$733,621$711,277
2 years$376,103$369,098$362,310$355,728$349,343$327,024
3 years$248,244$241,210$234,438$227,918$221,638$200,043
4 years$184,328$177,315$170,611$164,202$158,074$137,369
5 years$145,988$139,017$132,401$126,123$120,165$100,406
6 years$120,436$113,518$107,000$100,862$95,083$76,287
7 years$102,192$95,332$88,917$82,924$77,328$59,495
8 years$88,516$81,717$75,409$69,563$64,151$47,269
9 years$77,884$71,149$64,950$59,252$54,024$38,075
10 years$69,383$62,715$56,625$51,076$46,031$30,992
11 years$62,433$55,831$49,851$44,451$39,588$25,433
12 years$56,645$50,111$44,242$38,990$34,307$21,006
13 years$51,751$45,286$39,527$34,422$29,916$17,439
14 years$47,560$41,164$35,515$30,556$26,224$14,539
15 years$43,932$37,604$32,066$27,251$23,090$12,162
16 years$40,759$34,501$29,072$24,400$20,407$10,202
17 years$37,963$31,774$26,455$21,923$18,094$8,578
18 years$35,481$29,360$24,150$19,757$16,088$7,226
19 years$33,262$27,211$22,108$17,852$14,340$6,097
20 years$31,268$25,286$20,289$16,169$12,809$5,151
21 years$29,466$23,553$18,662$14,674$11,462$4,357
22 years$27,830$21,986$17,200$13,342$10,274$3,689
23 years$26,338$20,563$15,881$12,151$9,223$3,126
24 years$24,973$19,266$14,688$11,082$8,290$2,650
25 years$23,719$18,080$13,604$10,121$7,460$2,249
26 years$22,563$16,992$12,617$9,254$6,719$1,909
27 years$21,495$15,992$11,716$8,471$6,058$1,621
28 years$20,505$15,069$10,891$7,761$5,466$1,377
29 years$19,585$14,216$10,135$7,117$4,936$1,170
30 years$18,727$13,425$9,441$6,532$4,460$994
31 years$17,927$12,691$8,801$5,999$4,032$845
32 years$17,178$12,009$8,212$5,513$3,647$718
33 years$16,476$11,372$7,667$5,070$3,301$611
34 years$15,817$10,778$7,164$4,664$2,989$520
35 years$15,196$10,223$6,698$4,294$2,707$442
36 years$14,612$9,703$6,266$3,955$2,453$376
37 years$14,060$9,216$5,864$3,644$2,223$320
38 years$13,539$8,758$5,492$3,358$2,015$272
39 years$13,045$8,328$5,145$3,097$1,827$231
40 years$12,578$7,924$4,823$2,856$1,658$197
41 years$12,134$7,543$4,522$2,635$1,504$168
42 years$11,713$7,183$4,242$2,432$1,365$143
43 years$11,312$6,844$3,980$2,245$1,238$121
44 years$10,931$6,524$3,736$2,073$1,124$103
45 years$10,568$6,221$3,508$1,914$1,020$88
46 years$10,221$5,935$3,295$1,768$927$75
47 years$9,890$5,664$3,096$1,634$841$64
48 years$9,574$5,407$2,909$1,510$764$54
49 years$9,272$5,163$2,734$1,395$694$46
50 years$8,982$4,932$2,571$1,290$630$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $9,200,000, adding $5,539 every year, while hoping to spend $57,094 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: 58/28/14 Blend
44$9,200,000$9,200,000$9,200,000$9,200,000
45$10,144,113$9,656,513$9,513,913$10,696,148
46$11,118,065$10,068,935$9,771,882$11,482,276
47$12,189,447$10,499,652$10,036,579$12,332,018
48$13,368,136$10,949,500$10,308,169$13,256,967
49$14,665,015$11,419,354$10,586,822$14,264,362
50$16,092,075$11,910,132$10,872,710$15,362,161
51$17,662,529$12,422,791$11,166,008$16,559,117
52$19,390,935$12,958,335$11,466,897$17,864,854
53$21,293,334$13,517,817$11,775,562$19,289,961
54$23,387,400$14,102,336$12,092,189$20,846,086
55$25,692,608$14,713,044$12,416,970$22,546,043
56$28,230,417$15,351,146$12,750,102$24,403,930
57$31,024,474$16,017,907$13,091,785$26,435,261
58$34,100,833$16,714,647$13,442,222$28,657,107
59$37,488,204$17,442,751$13,801,623$31,088,255
60$41,218,224$18,203,668$14,170,200$33,749,382
61$45,325,751$18,998,917$14,548,171$36,663,247
62$49,849,200$19,830,085$14,935,756$39,854,901
63$54,830,897$20,698,838$15,333,182$43,351,920
64$60,317,484$21,606,917$15,740,680$47,184,661
65$66,360,360$22,556,149$16,158,485$51,386,546
66$73,016,160$23,548,443$16,586,838$55,994,369
67$80,347,293$24,585,801$17,025,981$61,048,645
68$88,422,531$25,670,320$17,476,166$66,593,981
69$97,317,658$26,804,194$17,937,647$72,679,497
70$107,116,183$27,989,724$18,410,681$79,359,282
71$117,910,129$29,229,315$18,895,535$86,692,899
72$129,800,903$30,525,492$19,392,475$94,745,944
73$142,900,249$31,880,896$19,901,778$103,590,655
74$157,331,308$33,298,294$20,423,721$113,306,592
75$173,229,776$34,780,584$20,958,589$123,981,378
76$190,745,182$36,330,802$21,506,672$135,711,522
77$210,042,309$37,952,129$22,068,263$148,603,323
78$231,302,737$39,647,897$22,643,663$162,773,862
79$254,726,567$41,421,594$23,233,177$178,352,105
80$280,534,303$43,276,878$23,837,113$195,480,108
81$308,968,934$45,217,578$24,455,790$214,314,351
82$340,298,233$47,247,706$25,089,525$235,027,210
83$374,817,275$49,371,466$25,738,647$257,808,566
84$412,851,231$51,593,262$26,403,486$282,867,599
85$454,758,433$53,917,708$27,084,379$310,434,743
86$500,933,755$56,349,638$27,781,667$340,763,856
87$551,812,343$58,894,115$28,495,699$374,134,606
88$607,873,723$61,556,448$29,226,826$410,855,094
89$669,646,325$64,342,196$29,975,406$451,264,757
90$737,712,470$67,257,183$30,741,802$495,737,558
91$812,713,872$70,307,515$31,526,383$544,685,500
92$895,357,691$73,499,587$32,329,520$598,562,504
93$986,423,210$76,840,102$33,151,594$657,868,681
94$1,086,769,191$80,336,081$33,992,987$723,155,036
95$1,197,341,984$83,994,884$34,854,087$795,028,656
96$1,319,184,455$87,824,222$35,735,287$874,158,422
97$1,453,445,836$91,832,175$36,636,985$961,281,309
98$1,601,392,571$96,027,212$37,559,585$1,057,209,323
99$1,764,420,274$100,418,206$38,503,492$1,162,837,152
100$1,944,066,902$105,014,458$39,469,118$1,279,150,585