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%13.4%
1 years$767,985$761,144$754,470$747,956$741,595$731,117
2 years$380,191$373,110$366,248$359,594$353,141$342,604
3 years$250,943$243,832$236,987$230,396$224,047$213,780
4 years$186,331$179,242$172,466$165,987$159,792$149,873
5 years$147,575$140,528$133,840$127,494$121,471$111,930
6 years$121,745$114,752$108,163$101,958$96,116$86,963
7 years$103,303$96,368$89,884$83,825$78,168$69,407
8 years$89,478$82,605$76,229$70,319$64,848$56,477
9 years$78,730$71,923$65,656$59,896$54,611$46,627
10 years$70,137$63,396$57,240$51,631$46,532$38,928
11 years$63,111$56,438$50,393$44,934$40,019$32,789
12 years$57,261$50,656$44,723$39,414$34,679$27,814
13 years$52,314$45,778$39,957$34,796$30,241$23,731
14 years$48,077$41,611$35,901$30,888$26,509$20,345
15 years$44,409$38,012$32,414$27,547$23,341$17,511
16 years$41,203$34,876$29,388$24,665$20,629$15,122
17 years$38,376$32,119$26,742$22,162$18,291$13,097
18 years$35,867$29,680$24,412$19,972$16,263$11,369
19 years$33,624$27,507$22,348$18,046$14,496$9,890
20 years$31,608$25,561$20,510$16,344$12,948$8,619
21 years$29,786$23,809$18,865$14,834$11,587$7,522
22 years$28,132$22,225$17,387$13,487$10,386$6,574
23 years$26,625$20,786$16,054$12,283$9,323$5,751
24 years$25,245$19,475$14,847$11,203$8,380$5,037
25 years$23,977$18,277$13,752$10,231$7,541$4,415
26 years$22,809$17,177$12,754$9,355$6,792$3,872
27 years$21,729$16,166$11,843$8,563$6,124$3,399
28 years$20,728$15,233$11,010$7,845$5,526$2,985
29 years$19,797$14,370$10,245$7,194$4,990$2,623
30 years$18,931$13,571$9,543$6,603$4,508$2,306
31 years$18,122$12,829$8,897$6,064$4,076$2,028
32 years$17,365$12,139$8,301$5,573$3,687$1,784
33 years$16,655$11,496$7,751$5,125$3,337$1,570
34 years$15,988$10,896$7,242$4,715$3,021$1,381
35 years$15,361$10,334$6,771$4,341$2,736$1,216
36 years$14,771$9,809$6,334$3,998$2,479$1,071
37 years$14,213$9,316$5,928$3,683$2,247$943
38 years$13,686$8,854$5,551$3,395$2,037$831
39 years$13,187$8,419$5,201$3,130$1,847$732
40 years$12,715$8,010$4,875$2,887$1,676$645
41 years$12,266$7,625$4,571$2,664$1,520$568
42 years$11,840$7,261$4,288$2,458$1,379$501
43 years$11,435$6,919$4,024$2,269$1,252$441
44 years$11,050$6,595$3,777$2,095$1,136$389
45 years$10,682$6,289$3,546$1,935$1,032$343
46 years$10,332$5,999$3,331$1,788$937$302
47 years$9,998$5,725$3,129$1,651$850$266
48 years$9,678$5,466$2,941$1,526$772$235
49 years$9,372$5,219$2,764$1,410$701$207
50 years$9,080$4,986$2,599$1,304$637$182

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 $3,747 every year, while hoping to spend $22,248 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: 30/40/30 Blend
44$9,300,000$9,300,000$9,300,000$9,300,000
45$10,252,465$9,759,565$9,615,415$10,465,605
46$11,274,545$10,214,112$9,913,860$11,088,424
47$12,400,131$10,690,186$10,221,557$11,755,750
48$13,639,758$11,188,819$10,538,792$12,473,202
49$15,005,033$11,711,091$10,865,862$13,245,164
50$16,508,748$12,258,136$11,203,070$14,076,433
51$18,164,998$12,831,143$11,550,731$14,972,265
52$19,989,315$13,431,355$11,909,167$15,938,419
53$21,998,814$14,060,080$12,278,713$16,981,205
54$24,212,355$14,718,687$12,659,712$18,107,537
55$26,650,722$15,408,609$13,052,519$19,325,000
56$29,336,817$16,131,352$13,457,499$20,641,909
57$32,295,876$16,888,492$13,875,029$22,067,387
58$35,555,710$17,681,683$14,305,498$23,611,441
59$39,146,966$18,512,659$14,749,306$25,285,056
60$43,103,414$19,383,237$15,206,865$27,100,285
61$47,462,269$20,295,322$15,678,601$29,070,365
62$52,264,539$21,250,912$16,164,953$31,209,826
63$57,555,417$22,252,101$16,666,374$33,534,628
64$63,384,700$23,301,085$17,183,328$36,062,300
65$69,807,267$24,400,166$17,716,297$38,812,101
66$76,883,592$25,551,757$18,265,777$41,805,189
67$84,680,316$26,758,391$18,832,278$45,064,816
68$93,270,875$28,022,719$19,416,326$48,616,538
69$102,736,196$29,347,524$20,018,465$52,488,443
70$113,165,458$30,735,722$20,639,253$56,711,412
71$124,656,935$32,190,373$21,279,268$61,319,397
72$137,318,924$33,714,682$21,939,105$66,349,731
73$151,270,765$35,312,013$22,619,376$71,843,468
74$166,643,972$36,985,890$23,320,714$77,845,763
75$183,583,468$38,740,010$24,043,769$84,406,279
76$202,248,961$40,578,249$24,789,214$91,579,652
77$222,816,442$42,504,671$25,557,741$99,425,984
78$245,479,857$44,523,538$26,350,063$108,011,402
79$270,452,929$46,639,317$27,166,916$117,408,667
80$297,971,178$48,856,695$28,009,058$127,697,843
81$328,294,149$51,180,583$28,877,272$138,967,040
82$361,707,855$53,616,135$29,772,364$151,313,224
83$398,527,482$56,168,751$30,695,163$164,843,122
84$439,100,361$58,844,096$31,646,528$179,674,203
85$483,809,251$61,648,110$32,627,339$195,935,772
86$533,075,948$64,587,021$33,638,509$213,770,173
87$587,365,271$67,667,360$34,680,975$233,334,106
88$647,189,445$70,895,977$35,755,704$254,800,085
89$713,112,941$74,280,053$36,863,693$278,358,049
90$785,757,805$77,827,119$38,005,970$304,217,123
91$865,809,526$81,545,073$39,183,595$332,607,574
92$954,023,511$85,442,196$40,397,660$363,782,953
93$1,051,232,218$89,527,172$41,649,290$398,022,462
94$1,158,353,010$93,809,109$42,939,647$435,633,565
95$1,276,396,819$98,297,557$44,269,926$476,954,853
96$1,406,477,687$103,002,531$45,641,362$522,359,214
97$1,549,823,289$107,934,532$47,055,225$572,257,318
98$1,707,786,515$113,104,575$48,512,826$627,101,458
99$1,881,858,251$118,524,210$50,015,516$687,389,787
100$2,073,681,444$124,205,548$51,564,688$753,670,978