Can I retire at age 45 with 9,300,000?

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 $9,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$767,985$761,144$754,470$747,956$741,595$721,327
2 years$380,191$373,110$366,248$359,594$353,141$332,869
3 years$250,943$243,832$236,987$230,396$224,047$204,406
4 years$186,331$179,242$172,466$165,987$159,792$140,933
5 years$147,575$140,528$133,840$127,494$121,471$103,446
6 years$121,745$114,752$108,163$101,958$96,116$78,942
7 years$103,303$96,368$89,884$83,825$78,168$61,845
8 years$89,478$82,605$76,229$70,319$64,848$49,368
9 years$78,730$71,923$65,656$59,896$54,611$39,960
10 years$70,137$63,396$57,240$51,631$46,532$32,690
11 years$63,111$56,438$50,393$44,934$40,019$26,965
12 years$57,261$50,656$44,723$39,414$34,679$22,389
13 years$52,314$45,778$39,957$34,796$30,241$18,688
14 years$48,077$41,611$35,901$30,888$26,509$15,666
15 years$44,409$38,012$32,414$27,547$23,341$13,179
16 years$41,203$34,876$29,388$24,665$20,629$11,119
17 years$38,376$32,119$26,742$22,162$18,291$9,403
18 years$35,867$29,680$24,412$19,972$16,263$7,969
19 years$33,624$27,507$22,348$18,046$14,496$6,764
20 years$31,608$25,561$20,510$16,344$12,948$5,750
21 years$29,786$23,809$18,865$14,834$11,587$4,894
22 years$28,132$22,225$17,387$13,487$10,386$4,169
23 years$26,625$20,786$16,054$12,283$9,323$3,555
24 years$25,245$19,475$14,847$11,203$8,380$3,034
25 years$23,977$18,277$13,752$10,231$7,541$2,590
26 years$22,809$17,177$12,754$9,355$6,792$2,213
27 years$21,729$16,166$11,843$8,563$6,124$1,891
28 years$20,728$15,233$11,010$7,845$5,526$1,617
29 years$19,797$14,370$10,245$7,194$4,990$1,383
30 years$18,931$13,571$9,543$6,603$4,508$1,183
31 years$18,122$12,829$8,897$6,064$4,076$1,012
32 years$17,365$12,139$8,301$5,573$3,687$866
33 years$16,655$11,496$7,751$5,125$3,337$742
34 years$15,988$10,896$7,242$4,715$3,021$635
35 years$15,361$10,334$6,771$4,341$2,736$544
36 years$14,771$9,809$6,334$3,998$2,479$466
37 years$14,213$9,316$5,928$3,683$2,247$399
38 years$13,686$8,854$5,551$3,395$2,037$341
39 years$13,187$8,419$5,201$3,130$1,847$293
40 years$12,715$8,010$4,875$2,887$1,676$251
41 years$12,266$7,625$4,571$2,664$1,520$215
42 years$11,840$7,261$4,288$2,458$1,379$184
43 years$11,435$6,919$4,024$2,269$1,252$158
44 years$11,050$6,595$3,777$2,095$1,136$135
45 years$10,682$6,289$3,546$1,935$1,032$116
46 years$10,332$5,999$3,331$1,788$937$99
47 years$9,998$5,725$3,129$1,651$850$85
48 years$9,678$5,466$2,941$1,526$772$73
49 years$9,372$5,219$2,764$1,410$701$62
50 years$9,080$4,986$2,599$1,304$637$53

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $9,300,000, adding $2,559 every year, while hoping to spend $58,764 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: 48/44/8 Blend
44$9,300,000$9,300,000$9,300,000$9,300,000
45$10,251,240$9,758,340$9,614,190$10,721,263
46$11,234,342$10,173,974$9,873,741$11,459,354
47$12,315,750$10,608,005$10,140,017$12,253,868
48$13,505,432$11,061,271$10,413,182$13,115,105
49$14,814,364$11,534,652$10,693,402$14,049,294
50$16,254,647$12,029,068$10,980,849$15,063,272
51$17,839,609$12,545,480$11,275,695$16,164,550
52$19,583,937$13,084,896$11,578,119$17,361,375
53$21,503,814$13,648,372$11,888,301$18,662,811
54$23,617,071$14,237,010$12,206,427$20,078,813
55$25,943,357$14,851,968$12,532,687$21,620,325
56$28,504,320$15,494,455$12,867,273$23,299,373
57$31,323,815$16,165,738$13,210,381$25,129,175
58$34,428,129$16,867,144$13,562,214$27,124,266
59$37,846,225$17,600,061$13,922,975$29,300,625
60$41,610,020$18,365,944$14,292,874$31,675,821
61$45,754,681$19,166,314$14,672,125$34,269,179
62$50,318,962$20,002,767$15,060,944$37,101,951
63$55,345,564$20,876,971$15,459,554$40,197,514
64$60,881,543$21,790,673$15,868,180$43,581,584
65$66,978,749$22,745,706$16,287,053$47,282,451
66$73,694,320$23,743,984$16,716,409$51,331,244
67$81,091,218$24,787,516$17,156,485$55,762,213
68$89,238,821$25,878,403$17,607,526$60,613,048
69$98,213,583$27,018,848$18,069,781$65,925,226
70$108,099,752$28,211,154$18,543,502$71,744,396
71$118,990,164$29,457,738$19,028,946$78,120,802
72$130,987,122$30,761,128$19,526,377$85,109,746
73$144,203,357$32,123,973$20,036,060$92,772,104
74$158,763,099$33,549,047$20,558,267$101,174,891
75$174,803,241$35,039,256$21,093,275$110,391,884
76$192,474,636$36,597,644$21,641,364$120,504,305
77$211,943,519$38,227,399$22,202,820$131,601,582
78$233,393,078$39,931,861$22,777,934$143,782,179
79$257,025,178$41,714,528$23,367,001$157,154,516
80$283,062,271$43,579,065$23,970,320$171,837,976
81$311,749,494$45,529,311$24,588,198$187,964,025
82$343,356,983$47,569,287$25,220,943$205,677,436
83$378,182,420$49,703,207$25,868,869$225,137,642
84$416,553,847$51,935,484$26,532,296$246,520,228
85$458,832,759$54,270,743$27,211,548$270,018,572
86$505,417,519$56,713,828$27,906,953$295,845,656
87$556,747,114$59,269,814$28,618,845$324,236,058
88$613,305,304$61,944,019$29,347,560$355,448,148
89$675,625,184$64,742,015$30,093,442$389,766,515
90$744,294,217$67,669,638$30,856,838$427,504,625
91$819,959,784$70,733,006$31,638,098$469,007,770
92$903,335,285$73,938,528$32,437,578$514,656,299
93$995,206,886$77,292,917$33,255,638$564,869,191
94$1,096,440,929$80,803,210$34,092,642$620,107,984
95$1,207,992,117$84,476,781$34,948,959$680,881,113
96$1,330,912,523$88,321,354$35,824,960$747,748,679
97$1,466,361,526$92,345,025$36,721,021$821,327,715
98$1,615,616,748$96,556,278$37,637,522$902,297,981
99$1,780,086,123$100,964,003$38,574,846$991,408,352
100$1,961,321,183$105,577,514$39,533,378$1,089,483,859