Can I retire at age 45 with 9,400,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $9,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$776,243$769,329$762,583$755,999$749,569$727,616
2 years$384,279$377,122$370,186$363,461$356,938$334,998
3 years$253,641$246,453$239,535$232,873$226,456$205,218
4 years$188,335$181,169$174,320$167,772$161,510$141,136
5 years$149,162$142,039$135,279$128,865$122,778$103,323
6 years$123,055$115,985$109,326$103,054$97,150$78,632
7 years$104,414$97,404$90,850$84,727$79,009$61,428
8 years$90,440$83,494$77,048$71,075$65,545$48,891
9 years$79,577$72,696$66,362$60,540$55,199$39,454
10 years$70,892$64,078$57,856$52,186$47,032$32,175
11 years$63,790$57,045$50,935$45,418$40,449$26,455
12 years$57,876$51,201$45,204$39,837$35,052$21,893
13 years$52,876$46,270$40,386$35,170$30,566$18,213
14 years$48,594$42,058$36,287$31,220$26,794$15,215
15 years$44,887$38,421$32,763$27,843$23,592$12,755
16 years$41,646$35,251$29,704$24,930$20,850$10,722
17 years$38,789$32,465$27,030$22,400$18,487$9,035
18 years$36,252$29,999$24,675$20,187$16,438$7,628
19 years$33,985$27,802$22,588$18,240$14,652$6,451
20 years$31,948$25,835$20,730$16,520$13,087$5,463
21 years$30,106$24,065$19,068$14,993$11,712$4,632
22 years$28,435$22,463$17,574$13,632$10,498$3,931
23 years$26,911$21,010$16,227$12,415$9,423$3,338
24 years$25,516$19,685$15,007$11,323$8,470$2,837
25 years$24,235$18,473$13,899$10,341$7,622$2,413
26 years$23,054$17,362$12,891$9,455$6,865$2,053
27 years$21,962$16,339$11,970$8,655$6,190$1,747
28 years$20,951$15,397$11,128$7,930$5,585$1,488
29 years$20,010$14,525$10,356$7,272$5,043$1,267
30 years$19,134$13,717$9,646$6,674$4,557$1,080
31 years$18,317$12,967$8,993$6,129$4,120$920
32 years$17,551$12,270$8,390$5,633$3,727$784
33 years$16,834$11,620$7,834$5,180$3,373$669
34 years$16,160$11,013$7,320$4,766$3,054$570
35 years$15,527$10,445$6,843$4,387$2,766$486
36 years$14,929$9,914$6,402$4,041$2,506$414
37 years$14,366$9,416$5,992$3,723$2,271$353
38 years$13,833$8,949$5,611$3,431$2,059$301
39 years$13,329$8,509$5,257$3,164$1,867$257
40 years$12,851$8,096$4,927$2,918$1,694$219
41 years$12,398$7,707$4,620$2,692$1,536$187
42 years$11,968$7,340$4,334$2,485$1,394$160
43 years$11,558$6,993$4,067$2,294$1,265$136
44 years$11,169$6,666$3,818$2,118$1,149$116
45 years$10,797$6,357$3,585$1,956$1,043$99
46 years$10,443$6,064$3,367$1,807$947$85
47 years$10,105$5,787$3,163$1,669$860$72
48 years$9,782$5,524$2,972$1,542$781$62
49 years$9,473$5,275$2,794$1,425$709$53
50 years$9,178$5,039$2,627$1,318$644$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $9,400,000, adding $2,345 every year, while hoping to spend $51,136 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: 40/48/12 Blend
44$9,400,000$9,400,000$9,400,000$9,400,000
45$10,361,219$9,863,019$9,717,319$10,738,429
46$11,363,655$10,291,898$9,988,441$11,433,760
47$12,466,626$10,740,079$10,266,931$12,180,273
48$13,680,331$11,208,453$10,552,984$12,986,708
49$15,016,012$11,697,954$10,846,795$13,858,512
50$16,486,050$12,209,559$11,148,568$14,801,663
51$18,104,093$12,744,293$11,458,510$15,822,717
52$19,885,174$13,303,227$11,776,834$16,928,867
53$21,845,861$13,887,485$12,103,758$18,128,010
54$24,004,409$14,498,241$12,439,504$19,428,811
55$26,380,932$15,136,729$12,784,301$20,840,785
56$28,997,595$15,804,236$13,138,383$22,374,382
57$31,878,821$16,502,115$13,501,989$24,041,076
58$35,051,521$17,231,779$13,875,366$25,853,473
59$38,545,350$17,994,710$14,258,765$27,825,423
60$42,392,984$18,792,459$14,652,442$29,972,142
61$46,630,431$19,626,652$15,056,662$32,310,354
62$51,297,369$20,498,992$15,471,694$34,858,440
63$56,437,520$21,411,262$15,897,814$37,636,604
64$62,099,062$22,365,329$16,335,306$40,667,060
65$68,335,086$23,363,150$16,784,459$43,974,230
66$75,204,095$24,406,775$17,245,569$47,584,974
67$82,770,557$25,498,350$17,718,939$51,528,825
68$91,105,510$26,640,126$18,204,880$55,838,270
69$100,287,237$27,834,457$18,703,709$60,549,042
70$110,402,004$29,083,814$19,215,751$65,700,450
71$121,544,868$30,390,781$19,741,339$71,335,738
72$133,820,584$31,758,068$20,280,813$77,502,490
73$147,344,583$33,188,514$20,834,520$84,253,060
74$162,244,072$34,685,091$21,402,817$91,645,062
75$178,659,223$36,250,917$21,986,068$99,741,900
76$196,744,508$37,889,256$22,584,645$108,613,353
77$216,670,145$39,603,527$23,198,928$118,336,224
78$238,623,715$41,397,315$23,829,308$128,995,052
79$262,811,926$43,274,375$24,476,181$140,682,894
80$289,462,565$45,238,642$25,139,955$153,502,190
81$318,826,649$47,294,238$25,821,047$167,565,717
82$351,180,795$49,445,484$26,519,880$182,997,636
83$386,829,830$51,696,906$27,236,889$199,934,648
84$426,109,667$54,053,249$27,972,520$218,527,268
85$469,390,478$56,519,483$28,727,224$238,941,227
86$517,080,187$59,100,818$29,501,466$261,359,019
87$569,628,321$61,802,713$30,295,720$285,981,602
88$627,530,252$64,630,888$31,110,468$313,030,279
89$691,331,874$67,591,338$31,946,206$342,748,759
90$761,634,759$70,690,347$32,803,437$375,405,442
91$839,101,829$73,934,499$33,682,677$411,295,924
92$924,463,621$77,330,695$34,584,452$450,745,765
93$1,018,525,178$80,886,166$35,509,299$494,113,537
94$1,122,173,651$84,608,493$36,457,765$541,794,182
95$1,236,386,674$88,505,620$37,430,411$594,222,711
96$1,362,241,591$92,585,872$38,427,806$651,878,279
97$1,500,925,630$96,857,976$39,450,534$715,288,684
98$1,653,747,105$101,331,078$40,499,188$785,035,310
99$1,822,147,773$106,014,765$41,574,375$861,758,587
100$2,007,716,442$110,919,083$42,676,711$946,163,996