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%18.4%
1 years$759,727$752,960$746,358$739,913$733,621$708,720
2 years$376,103$369,098$362,310$355,728$349,343$324,505
3 years$248,244$241,210$234,438$227,918$221,638$197,643
4 years$184,328$177,315$170,611$164,202$158,074$135,106
5 years$145,988$139,017$132,401$126,123$120,165$98,285
6 years$120,436$113,518$107,000$100,862$95,083$74,308
7 years$102,192$95,332$88,917$82,924$77,328$57,654
8 years$88,516$81,717$75,409$69,563$64,151$45,564
9 years$77,884$71,149$64,950$59,252$54,024$36,501
10 years$69,383$62,715$56,625$51,076$46,031$29,543
11 years$62,433$55,831$49,851$44,451$39,588$24,104
12 years$56,645$50,111$44,242$38,990$34,307$19,789
13 years$51,751$45,286$39,527$34,422$29,916$16,329
14 years$47,560$41,164$35,515$30,556$26,224$13,528
15 years$43,932$37,604$32,066$27,251$23,090$11,244
16 years$40,759$34,501$29,072$24,400$20,407$9,371
17 years$37,963$31,774$26,455$21,923$18,094$7,828
18 years$35,481$29,360$24,150$19,757$16,088$6,550
19 years$33,262$27,211$22,108$17,852$14,340$5,489
20 years$31,268$25,286$20,289$16,169$12,809$4,606
21 years$29,466$23,553$18,662$14,674$11,462$3,869
22 years$27,830$21,986$17,200$13,342$10,274$3,253
23 years$26,338$20,563$15,881$12,151$9,223$2,737
24 years$24,973$19,266$14,688$11,082$8,290$2,304
25 years$23,719$18,080$13,604$10,121$7,460$1,941
26 years$22,563$16,992$12,617$9,254$6,719$1,635
27 years$21,495$15,992$11,716$8,471$6,058$1,378
28 years$20,505$15,069$10,891$7,761$5,466$1,162
29 years$19,585$14,216$10,135$7,117$4,936$980
30 years$18,727$13,425$9,441$6,532$4,460$827
31 years$17,927$12,691$8,801$5,999$4,032$698
32 years$17,178$12,009$8,212$5,513$3,647$589
33 years$16,476$11,372$7,667$5,070$3,301$497
34 years$15,817$10,778$7,164$4,664$2,989$419
35 years$15,196$10,223$6,698$4,294$2,707$354
36 years$14,612$9,703$6,266$3,955$2,453$299
37 years$14,060$9,216$5,864$3,644$2,223$252
38 years$13,539$8,758$5,492$3,358$2,015$213
39 years$13,045$8,328$5,145$3,097$1,827$180
40 years$12,578$7,924$4,823$2,856$1,658$152
41 years$12,134$7,543$4,522$2,635$1,504$128
42 years$11,713$7,183$4,242$2,432$1,365$108
43 years$11,312$6,844$3,980$2,245$1,238$92
44 years$10,931$6,524$3,736$2,073$1,124$77
45 years$10,568$6,221$3,508$1,914$1,020$65
46 years$10,221$5,935$3,295$1,768$927$55
47 years$9,890$5,664$3,096$1,634$841$47
48 years$9,574$5,407$2,909$1,510$764$39
49 years$9,272$5,163$2,734$1,395$694$33
50 years$8,982$4,932$2,571$1,290$630$28

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 $3,518 every year, while hoping to spend $29,748 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: 40/39/21 Blend
44$9,200,000$9,200,000$9,200,000$9,200,000
45$10,142,029$9,654,429$9,511,829$10,484,487
46$11,144,864$10,095,844$9,798,823$11,171,773
47$12,248,992$10,557,892$10,094,435$11,911,726
48$13,464,712$11,041,551$10,398,922$12,711,639
49$14,803,374$11,547,850$10,712,548$13,576,991
50$16,277,486$12,077,862$11,035,586$14,513,797
51$17,900,829$12,632,716$11,368,317$15,528,653
52$19,688,588$13,213,594$11,711,031$16,628,799
53$21,657,498$13,821,734$12,064,024$17,822,183
54$23,825,998$14,458,434$12,427,604$19,117,531
55$26,214,407$15,125,055$12,802,086$20,524,424
56$28,845,116$15,823,022$13,187,795$22,053,386
57$31,742,798$16,553,830$13,585,066$23,715,978
58$34,934,641$17,319,045$13,994,243$25,524,899
59$38,450,605$18,120,309$14,415,681$27,494,105
60$42,323,705$18,959,343$14,849,745$29,638,931
61$46,590,322$19,837,950$15,296,811$31,976,235
62$51,290,547$20,758,021$15,757,266$34,524,546
63$56,468,557$21,721,539$16,231,509$37,304,234
64$62,173,035$22,730,579$16,719,949$40,337,698
65$68,457,628$23,787,320$17,223,010$43,649,569
66$75,381,451$24,894,044$17,741,127$47,266,931
67$83,009,650$26,053,144$18,274,746$51,219,579
68$91,414,014$27,267,127$18,824,329$55,540,282
69$100,673,650$28,538,623$19,390,350$60,265,090
70$110,875,734$29,870,387$19,973,299$65,433,663
71$122,116,332$31,265,309$20,573,678$71,089,639
72$134,501,306$32,726,417$21,192,004$77,281,033
73$148,147,314$34,256,887$21,828,811$84,060,682
74$163,182,911$35,860,046$22,484,648$91,486,736
75$179,749,764$37,539,384$23,160,079$99,623,190
76$198,003,985$39,298,559$23,855,687$108,540,481
77$218,117,608$41,141,405$24,572,069$118,316,143
78$240,280,213$43,071,943$25,309,842$129,035,518
79$264,700,714$45,094,387$26,069,641$140,792,561
80$291,609,332$47,213,157$26,852,119$153,690,700
81$321,259,766$49,432,884$27,657,948$167,843,809
82$353,931,593$51,758,426$28,487,820$183,377,261
83$389,932,901$54,194,875$29,342,447$200,429,101
84$429,603,202$56,747,568$30,222,564$219,151,329
85$473,316,633$59,422,104$31,128,924$239,711,317
86$521,485,492$62,224,349$32,062,306$262,293,377
87$574,564,128$65,160,458$33,023,509$287,100,477
88$633,053,228$68,236,880$34,013,356$314,356,137
89$697,504,549$71,460,379$35,032,695$344,306,522
90$768,526,122$74,838,045$36,082,398$377,222,744
91$846,787,992$78,377,315$37,163,364$413,403,396
92$933,028,547$82,085,984$38,276,517$453,177,349
93$1,028,061,487$85,972,225$39,422,808$496,906,832
94$1,132,783,503$90,044,608$40,603,217$544,990,826
95$1,248,182,747$94,312,121$41,818,751$597,868,804
96$1,375,348,156$98,784,184$43,070,449$656,024,850
97$1,515,479,737$103,470,678$44,359,378$719,992,200
98$1,669,899,890$108,381,961$45,686,637$790,358,244
99$1,840,065,897$113,528,895$47,053,357$867,770,043
100$2,027,583,677$118,922,870$48,460,704$952,940,399