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

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 $9,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$776,243$769,329$762,583$755,999$749,569$743,910
2 years$384,279$377,122$370,186$363,461$356,938$351,232
3 years$253,641$246,453$239,535$232,873$226,456$220,881
4 years$188,335$181,169$174,320$167,772$161,510$156,109
5 years$149,162$142,039$135,279$128,865$122,778$117,565
6 years$123,055$115,985$109,326$103,054$97,150$92,133
7 years$104,414$97,404$90,850$84,727$79,009$74,190
8 years$90,440$83,494$77,048$71,075$65,545$60,925
9 years$79,577$72,696$66,362$60,540$55,199$50,775
10 years$70,892$64,078$57,856$52,186$47,032$42,803
11 years$63,790$57,045$50,935$45,418$40,449$36,411
12 years$57,876$51,201$45,204$39,837$35,052$31,202
13 years$52,876$46,270$40,386$35,170$30,566$26,900
14 years$48,594$42,058$36,287$31,220$26,794$23,307
15 years$44,887$38,421$32,763$27,843$23,592$20,279
16 years$41,646$35,251$29,704$24,930$20,850$17,707
17 years$38,789$32,465$27,030$22,400$18,487$15,508
18 years$36,252$29,999$24,675$20,187$16,438$13,617
19 years$33,985$27,802$22,588$18,240$14,652$11,983
20 years$31,948$25,835$20,730$16,520$13,087$10,566
21 years$30,106$24,065$19,068$14,993$11,712$9,333
22 years$28,435$22,463$17,574$13,632$10,498$8,255
23 years$26,911$21,010$16,227$12,415$9,423$7,311
24 years$25,516$19,685$15,007$11,323$8,470$6,482
25 years$24,235$18,473$13,899$10,341$7,622$5,753
26 years$23,054$17,362$12,891$9,455$6,865$5,111
27 years$21,962$16,339$11,970$8,655$6,190$4,543
28 years$20,951$15,397$11,128$7,930$5,585$4,042
29 years$20,010$14,525$10,356$7,272$5,043$3,598
30 years$19,134$13,717$9,646$6,674$4,557$3,204
31 years$18,317$12,967$8,993$6,129$4,120$2,855
32 years$17,551$12,270$8,390$5,633$3,727$2,545
33 years$16,834$11,620$7,834$5,180$3,373$2,269
34 years$16,160$11,013$7,320$4,766$3,054$2,024
35 years$15,527$10,445$6,843$4,387$2,766$1,806
36 years$14,929$9,914$6,402$4,041$2,506$1,612
37 years$14,366$9,416$5,992$3,723$2,271$1,439
38 years$13,833$8,949$5,611$3,431$2,059$1,285
39 years$13,329$8,509$5,257$3,164$1,867$1,148
40 years$12,851$8,096$4,927$2,918$1,694$1,025
41 years$12,398$7,707$4,620$2,692$1,536$916
42 years$11,968$7,340$4,334$2,485$1,394$818
43 years$11,558$6,993$4,067$2,294$1,265$731
44 years$11,169$6,666$3,818$2,118$1,149$653
45 years$10,797$6,357$3,585$1,956$1,043$584
46 years$10,443$6,064$3,367$1,807$947$522
47 years$10,105$5,787$3,163$1,669$860$467
48 years$9,782$5,524$2,972$1,542$781$417
49 years$9,473$5,275$2,794$1,425$709$373
50 years$9,178$5,039$2,627$1,318$644$333

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 $6,693 every year, while hoping to spend $58,160 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: 60/14/26 Blend
44$9,400,000$9,400,000$9,400,000$9,400,000
45$10,365,704$9,867,504$9,721,804$10,914,761
46$11,361,124$10,289,130$9,985,602$11,711,019
47$12,456,127$10,729,466$10,256,289$12,572,589
48$13,660,811$11,189,368$10,534,033$13,511,453
49$14,986,298$11,669,731$10,819,007$14,535,146
50$16,444,845$12,171,493$11,111,389$15,651,956
51$18,049,957$12,695,634$11,411,359$16,871,006
52$19,816,515$13,243,182$11,719,101$18,202,335
53$21,760,913$13,815,212$12,034,805$19,656,993
54$23,901,218$14,412,850$12,358,663$21,247,141
55$26,257,336$15,037,273$12,690,872$22,986,169
56$28,851,202$15,689,717$13,031,633$24,888,815
57$31,706,983$16,371,472$13,381,152$26,971,303
58$34,851,313$17,083,891$13,739,638$29,251,499
59$38,313,535$17,828,390$14,107,304$31,749,071
60$42,125,988$18,606,453$14,484,371$34,485,676
61$46,324,301$19,419,632$14,871,060$37,485,162
62$50,947,738$20,269,553$15,267,599$40,773,791
63$56,039,565$21,157,918$15,674,220$44,380,480
64$61,647,454$22,086,510$16,091,161$48,337,080
65$67,823,943$23,057,197$16,518,663$52,678,664
66$74,626,919$24,071,933$16,956,972$57,443,864
67$82,120,174$25,132,767$17,406,340$62,675,226
68$90,374,002$26,241,843$17,867,022$68,419,614
69$99,465,864$27,401,408$18,339,282$74,728,643
70$109,481,118$28,613,813$18,823,384$81,659,172
71$120,513,825$29,881,522$19,319,600$89,273,826
72$132,667,635$31,207,117$19,828,206$97,641,595
73$146,056,768$32,593,300$20,349,485$106,838,473
74$160,807,089$34,042,902$20,883,724$116,948,175
75$177,057,298$35,558,890$21,431,214$128,062,923
76$194,960,236$37,144,369$21,992,254$140,284,314
77$214,684,331$38,802,595$22,567,146$153,724,272
78$236,415,186$40,536,975$23,156,198$168,506,100
79$260,357,330$42,351,081$23,759,725$184,765,642
80$286,736,147$44,248,654$24,378,046$202,652,559
81$315,800,009$46,233,612$25,011,485$222,331,736
82$347,822,612$48,310,062$25,660,372$243,984,835
83$383,105,568$50,482,305$26,325,044$267,812,002
84$421,981,245$52,754,846$27,005,842$294,033,753
85$464,815,906$55,132,408$27,703,112$322,893,050
86$512,013,169$57,619,936$28,417,206$354,657,584
87$564,017,812$60,222,613$29,148,483$389,622,302
88$621,319,978$62,945,870$29,897,306$428,112,181
89$684,459,793$65,795,395$30,664,043$470,485,289
90$754,032,472$68,777,150$31,449,069$517,136,157
91$830,693,935$71,897,381$32,252,763$568,499,500
92$915,166,996$75,162,633$33,075,511$625,054,308
93$1,008,248,192$78,579,764$33,917,703$687,328,363
94$1,110,815,296$82,155,961$34,779,734$755,903,212
95$1,223,835,607$85,898,753$35,662,006$831,419,646
96$1,348,375,080$89,816,033$36,564,924$914,583,744
97$1,485,608,388$93,916,069$37,488,899$1,006,173,526
98$1,636,830,014$98,207,527$38,434,348$1,107,046,288
99$1,803,466,468$102,699,488$39,401,690$1,218,146,686
100$1,987,089,753$107,401,468$40,391,353$1,340,515,641