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%14.4%
1 years$759,727$752,960$746,358$739,913$733,621$720,282
2 years$376,103$369,098$362,310$355,728$349,343$335,953
3 years$248,244$241,210$234,438$227,918$221,638$208,612
4 years$184,328$177,315$170,611$164,202$158,074$145,514
5 years$145,988$139,017$132,401$126,123$120,165$108,106
6 years$120,436$113,518$107,000$100,862$95,083$83,539
7 years$102,192$95,332$88,917$82,924$77,328$66,302
8 years$88,516$81,717$75,409$69,563$64,151$53,640
9 years$77,884$71,149$64,950$59,252$54,024$44,022
10 years$69,383$62,715$56,625$51,076$46,031$36,529
11 years$62,433$55,831$49,851$44,451$39,588$30,576
12 years$56,645$50,111$44,242$38,990$34,307$25,771
13 years$51,751$45,286$39,527$34,422$29,916$21,844
14 years$47,560$41,164$35,515$30,556$26,224$18,601
15 years$43,932$37,604$32,066$27,251$23,090$15,901
16 years$40,759$34,501$29,072$24,400$20,407$13,636
17 years$37,963$31,774$26,455$21,923$18,094$11,726
18 years$35,481$29,360$24,150$19,757$16,088$10,106
19 years$33,262$27,211$22,108$17,852$14,340$8,727
20 years$31,268$25,286$20,289$16,169$12,809$7,548
21 years$29,466$23,553$18,662$14,674$11,462$6,538
22 years$27,830$21,986$17,200$13,342$10,274$5,670
23 years$26,338$20,563$15,881$12,151$9,223$4,923
24 years$24,973$19,266$14,688$11,082$8,290$4,278
25 years$23,719$18,080$13,604$10,121$7,460$3,720
26 years$22,563$16,992$12,617$9,254$6,719$3,237
27 years$21,495$15,992$11,716$8,471$6,058$2,818
28 years$20,505$15,069$10,891$7,761$5,466$2,455
29 years$19,585$14,216$10,135$7,117$4,936$2,140
30 years$18,727$13,425$9,441$6,532$4,460$1,866
31 years$17,927$12,691$8,801$5,999$4,032$1,627
32 years$17,178$12,009$8,212$5,513$3,647$1,420
33 years$16,476$11,372$7,667$5,070$3,301$1,239
34 years$15,817$10,778$7,164$4,664$2,989$1,081
35 years$15,196$10,223$6,698$4,294$2,707$944
36 years$14,612$9,703$6,266$3,955$2,453$824
37 years$14,060$9,216$5,864$3,644$2,223$720
38 years$13,539$8,758$5,492$3,358$2,015$628
39 years$13,045$8,328$5,145$3,097$1,827$549
40 years$12,578$7,924$4,823$2,856$1,658$480
41 years$12,134$7,543$4,522$2,635$1,504$419
42 years$11,713$7,183$4,242$2,432$1,365$366
43 years$11,312$6,844$3,980$2,245$1,238$320
44 years$10,931$6,524$3,736$2,073$1,124$279
45 years$10,568$6,221$3,508$1,914$1,020$244
46 years$10,221$5,935$3,295$1,768$927$213
47 years$9,890$5,664$3,096$1,634$841$186
48 years$9,574$5,407$2,909$1,510$764$163
49 years$9,272$5,163$2,734$1,395$694$142
50 years$8,982$4,932$2,571$1,290$630$124

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 $3,487 every year, while hoping to spend $38,020 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: 51/27/22 Blend
44$9,200,000$9,200,000$9,200,000$9,200,000
45$10,141,997$9,654,397$9,511,797$10,596,856
46$11,136,028$10,087,009$9,789,989$11,344,501
47$12,230,175$10,539,546$10,076,226$12,152,780
48$13,434,611$11,012,942$10,370,738$13,030,836
49$14,760,544$11,508,178$10,673,761$13,985,299
50$16,220,324$12,026,283$10,985,536$15,023,457
51$17,827,558$12,568,332$11,306,312$16,153,320
52$19,597,242$13,135,454$11,636,347$17,383,692
53$21,545,900$13,728,830$11,975,904$18,724,254
54$23,691,737$14,349,698$12,325,252$20,185,652
55$26,054,816$14,999,355$12,684,670$21,779,592
56$28,657,245$15,679,161$13,054,444$23,518,948
57$31,523,384$16,390,540$13,434,868$25,417,883
58$34,680,077$17,134,984$13,826,243$27,491,974
59$38,156,904$17,914,057$14,228,881$29,758,359
60$41,986,459$18,729,398$14,643,101$32,235,894
61$46,204,663$19,582,723$15,069,229$34,945,328
62$50,851,094$20,475,832$15,507,604$37,909,491
63$55,969,369$21,410,610$15,958,571$41,153,509
64$61,607,548$22,389,034$16,422,487$44,705,035
65$67,818,594$23,413,173$16,899,717$48,594,504
66$74,660,871$24,485,199$17,390,638$52,855,417
67$82,198,690$25,607,384$17,895,634$57,524,652
68$90,502,922$26,782,112$18,415,104$62,642,804
69$99,651,665$28,011,880$18,949,455$68,254,567
70$109,730,980$29,299,307$19,499,106$74,409,144
71$120,835,702$30,647,135$20,064,489$81,160,711
72$133,070,339$32,058,240$20,646,044$88,568,918
73$146,550,055$33,535,635$21,244,228$96,699,447
74$161,401,758$35,082,478$21,859,507$105,624,623
75$177,765,298$36,702,081$22,492,361$115,424,092
76$195,794,786$38,397,911$23,143,284$126,185,563
77$215,660,052$40,173,606$23,812,781$138,005,628
78$237,548,242$42,032,977$24,501,374$150,990,666
79$261,665,589$43,980,020$25,209,596$165,257,836
80$288,239,360$46,018,921$25,937,999$180,936,179
81$317,519,998$48,154,071$26,687,144$198,167,821
82$349,783,487$50,390,071$27,457,614$217,109,305
83$385,333,961$52,731,742$28,250,002$237,933,062
84$424,506,569$55,184,141$29,064,921$260,829,024
85$467,670,642$57,752,567$29,902,998$286,006,405
86$515,233,179$60,442,574$30,764,880$313,695,670
87$567,642,689$63,259,986$31,651,229$344,150,687
88$625,393,424$66,210,907$32,562,727$377,651,122
89$689,030,046$69,301,734$33,500,071$414,505,056
90$759,152,769$72,539,177$34,463,981$455,051,884
91$836,423,021$75,930,267$35,455,195$499,665,504
92$921,569,695$79,482,375$36,474,469$548,757,827
93$1,015,396,021$83,203,229$37,522,582$602,782,652
94$1,118,787,160$87,100,931$38,600,332$662,239,931
95$1,232,718,547$91,183,974$39,708,541$727,680,474
96$1,358,265,112$95,461,262$40,848,050$799,711,123
97$1,496,611,419$99,942,129$42,019,725$879,000,470
98$1,649,062,851$104,636,361$43,224,453$966,285,141
99$1,817,057,938$109,554,219$44,463,148$1,062,376,731
100$2,002,181,929$114,706,457$45,736,745$1,168,169,442