Can I retire at age 45 with 9,900,000?

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 $9,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$817,533$810,251$803,146$796,211$789,440$760,221
2 years$404,719$397,182$389,877$382,794$375,924$346,816
3 years$267,133$259,563$252,276$245,260$238,501$210,421
4 years$198,353$190,806$183,592$176,696$170,101$143,261
5 years$157,096$149,594$142,475$135,719$129,308$103,779
6 years$129,600$122,155$115,141$108,536$102,317$78,117
7 years$109,968$102,586$95,683$89,233$83,211$60,333
8 years$95,251$87,935$81,147$74,856$69,032$47,456
9 years$83,810$76,563$69,892$63,760$58,135$37,831
10 years$74,662$67,487$60,933$54,962$49,534$30,465
11 years$67,183$60,079$53,644$47,833$42,601$24,727
12 years$60,955$53,924$47,608$41,956$36,917$20,193
13 years$55,689$48,731$42,535$37,041$32,192$16,571
14 years$51,179$44,296$38,218$32,881$28,219$13,652
15 years$47,274$40,465$34,505$29,324$24,847$11,283
16 years$43,861$37,126$31,284$26,257$21,960$9,349
17 years$40,852$34,191$28,467$23,591$19,471$7,763
18 years$38,180$31,594$25,987$21,261$17,313$6,458
19 years$35,793$29,281$23,790$19,211$15,431$5,379
20 years$33,647$27,210$21,833$17,399$13,783$4,486
21 years$31,708$25,345$20,082$15,791$12,335$3,745
22 years$29,947$23,658$18,509$14,357$11,056$3,129
23 years$28,342$22,127$17,090$13,076$9,925$2,616
24 years$26,873$20,732$15,805$11,926$8,920$2,188
25 years$25,524$19,456$14,639$10,891$8,027$1,831
26 years$24,280$18,285$13,577$9,958$7,231$1,533
27 years$23,131$17,209$12,607$9,115$6,519$1,284
28 years$22,065$16,216$11,720$8,351$5,882$1,076
29 years$21,075$15,297$10,906$7,658$5,311$901
30 years$20,152$14,447$10,159$7,029$4,799$755
31 years$19,291$13,657$9,471$6,455$4,339$633
32 years$18,485$12,922$8,836$5,932$3,925$531
33 years$17,729$12,238$8,251$5,455$3,552$445
34 years$17,020$11,599$7,709$5,019$3,216$373
35 years$16,352$11,001$7,207$4,621$2,913$313
36 years$15,723$10,442$6,742$4,255$2,639$262
37 years$15,130$9,917$6,311$3,921$2,392$220
38 years$14,569$9,425$5,910$3,614$2,169$185
39 years$14,038$8,962$5,537$3,332$1,966$155
40 years$13,535$8,527$5,190$3,074$1,784$130
41 years$13,058$8,117$4,866$2,836$1,618$109
42 years$12,604$7,730$4,565$2,617$1,468$91
43 years$12,173$7,365$4,283$2,416$1,333$77
44 years$11,763$7,020$4,021$2,231$1,210$64
45 years$11,372$6,695$3,775$2,060$1,098$54
46 years$10,999$6,386$3,546$1,903$997$45
47 years$10,643$6,095$3,331$1,758$905$38
48 years$10,302$5,818$3,130$1,624$822$32
49 years$9,977$5,556$2,942$1,501$747$27
50 years$9,666$5,307$2,766$1,388$678$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $9,900,000, adding $5,498 every year, while hoping to spend $30,453 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: 84/7/9 Blend
44$9,900,000$9,900,000$9,900,000$9,900,000
45$10,915,471$10,390,771$10,237,321$11,818,930
46$11,996,447$10,867,517$10,547,870$12,886,968
47$13,186,663$11,366,603$10,867,801$14,055,227
48$14,497,227$11,889,091$11,197,397$15,337,511
49$15,940,383$12,436,096$11,536,949$16,745,262
50$17,529,621$13,008,783$11,886,755$18,291,080
51$19,279,805$13,608,377$12,247,125$19,988,845
52$21,207,317$14,236,158$12,618,375$21,853,844
53$23,330,205$14,893,472$13,000,832$23,902,913
54$25,668,360$15,581,726$13,394,834$26,154,599
55$28,243,698$16,302,396$13,800,726$28,629,332
56$31,080,372$17,057,030$14,218,867$31,349,614
57$34,204,994$17,847,249$14,649,624$34,340,236
58$37,646,893$18,674,753$15,093,375$37,628,504
59$41,438,384$19,541,325$15,550,511$41,244,501
60$45,615,080$20,448,830$16,021,434$45,221,366
61$50,216,223$21,399,228$16,506,557$49,595,609
62$55,285,057$22,394,570$17,006,307$54,407,450
63$60,869,237$23,437,007$17,521,121$59,701,199
64$67,021,273$24,528,795$18,051,453$65,525,674
65$73,799,033$25,672,296$18,597,767$71,934,658
66$81,266,285$26,869,989$19,160,543$78,987,407
67$89,493,299$28,124,471$19,740,274$86,749,204
68$98,557,510$29,438,465$20,337,468$95,291,978
69$108,544,252$30,814,826$20,952,649$104,694,978
70$119,547,559$32,256,545$21,586,356$115,045,521
71$131,671,054$33,766,760$22,239,143$126,439,810
72$145,028,930$35,348,760$22,911,582$138,983,846
73$159,747,023$37,005,991$23,604,262$152,794,421
74$175,964,003$38,742,068$24,317,789$168,000,221
75$193,832,683$40,560,782$25,052,787$184,743,039
76$213,521,460$42,466,103$25,809,898$203,179,107
77$235,215,903$44,462,197$26,589,784$223,480,572
78$259,120,511$46,553,430$27,393,127$245,837,118
79$285,460,635$48,744,380$28,220,629$270,457,749
80$314,484,611$51,039,846$29,073,012$297,572,765
81$346,466,103$53,444,860$29,951,019$327,435,931
82$381,706,685$55,964,698$30,855,418$360,326,866
83$420,538,690$58,604,890$31,786,997$396,553,683
84$463,328,343$61,371,237$32,746,569$436,455,893
85$510,479,224$64,269,818$33,734,969$480,407,605
86$562,436,074$67,307,008$34,753,060$528,821,056
87$619,688,994$70,489,492$35,801,727$582,150,495
88$682,778,071$73,824,277$36,881,885$640,896,472
89$752,298,480$77,318,711$37,994,473$705,610,553
90$828,906,097$80,980,500$39,140,460$776,900,528
91$913,323,696$84,817,722$40,320,843$855,436,139
92$1,006,347,769$88,838,846$41,536,647$941,955,402
93$1,108,856,047$93,052,755$42,788,930$1,037,271,565
94$1,221,815,784$97,468,761$44,078,780$1,142,280,781
95$1,346,292,892$102,096,628$45,407,317$1,257,970,566
96$1,483,462,000$106,946,596$46,775,695$1,385,429,108
97$1,634,617,545$112,029,400$48,185,102$1,525,855,542
98$1,801,185,991$117,356,297$49,636,759$1,680,571,259
99$1,984,739,299$122,939,093$51,131,927$1,851,032,374
100$2,187,009,763$128,790,163$52,671,902$2,038,843,469