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%17.1%
1 years$817,533$810,251$803,146$796,211$789,440$766,627
2 years$404,719$397,182$389,877$382,794$375,924$353,122
3 years$267,133$259,563$252,276$245,260$238,501$216,424
4 years$198,353$190,806$183,592$176,696$170,101$148,919
5 years$157,096$149,594$142,475$135,719$129,308$109,078
6 years$129,600$122,155$115,141$108,536$102,317$83,057
7 years$109,968$102,586$95,683$89,233$83,211$64,922
8 years$95,251$87,935$81,147$74,856$69,032$51,702
9 years$83,810$76,563$69,892$63,760$58,135$41,748
10 years$74,662$67,487$60,933$54,962$49,534$34,067
11 years$67,183$60,079$53,644$47,833$42,601$28,029
12 years$60,955$53,924$47,608$41,956$36,917$23,211
13 years$55,689$48,731$42,535$37,041$32,192$19,322
14 years$51,179$44,296$38,218$32,881$28,219$16,153
15 years$47,274$40,465$34,505$29,324$24,847$13,550
16 years$43,861$37,126$31,284$26,257$21,960$11,399
17 years$40,852$34,191$28,467$23,591$19,471$9,613
18 years$38,180$31,594$25,987$21,261$17,313$8,122
19 years$35,793$29,281$23,790$19,211$15,431$6,874
20 years$33,647$27,210$21,833$17,399$13,783$5,825
21 years$31,708$25,345$20,082$15,791$12,335$4,943
22 years$29,947$23,658$18,509$14,357$11,056$4,198
23 years$28,342$22,127$17,090$13,076$9,925$3,568
24 years$26,873$20,732$15,805$11,926$8,920$3,035
25 years$25,524$19,456$14,639$10,891$8,027$2,583
26 years$24,280$18,285$13,577$9,958$7,231$2,200
27 years$23,131$17,209$12,607$9,115$6,519$1,874
28 years$22,065$16,216$11,720$8,351$5,882$1,597
29 years$21,075$15,297$10,906$7,658$5,311$1,361
30 years$20,152$14,447$10,159$7,029$4,799$1,161
31 years$19,291$13,657$9,471$6,455$4,339$990
32 years$18,485$12,922$8,836$5,932$3,925$844
33 years$17,729$12,238$8,251$5,455$3,552$720
34 years$17,020$11,599$7,709$5,019$3,216$615
35 years$16,352$11,001$7,207$4,621$2,913$525
36 years$15,723$10,442$6,742$4,255$2,639$448
37 years$15,130$9,917$6,311$3,921$2,392$382
38 years$14,569$9,425$5,910$3,614$2,169$326
39 years$14,038$8,962$5,537$3,332$1,966$278
40 years$13,535$8,527$5,190$3,074$1,784$238
41 years$13,058$8,117$4,866$2,836$1,618$203
42 years$12,604$7,730$4,565$2,617$1,468$173
43 years$12,173$7,365$4,283$2,416$1,333$148
44 years$11,763$7,020$4,021$2,231$1,210$126
45 years$11,372$6,695$3,775$2,060$1,098$108
46 years$10,999$6,386$3,546$1,903$997$92
47 years$10,643$6,095$3,331$1,758$905$79
48 years$10,302$5,818$3,130$1,624$822$67
49 years$9,977$5,556$2,942$1,501$747$57
50 years$9,666$5,307$2,766$1,388$678$49

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 $4,388 every year, while hoping to spend $32,585 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: 64/29/7 Blend
44$9,900,000$9,900,000$9,900,000$9,900,000
45$10,914,326$10,389,626$10,236,176$11,598,450
46$11,992,917$10,864,048$10,544,418$12,528,990
47$13,180,433$11,360,624$10,861,894$13,540,641
48$14,487,948$11,880,406$11,188,878$14,644,676
49$15,927,668$12,424,495$11,525,655$15,850,058
50$17,513,040$12,994,045$11,872,515$17,166,645
51$19,258,885$13,590,268$12,229,758$18,605,277
52$21,181,530$14,214,430$12,597,694$20,177,879
53$23,298,970$14,867,860$12,976,640$21,897,569
54$25,631,031$15,551,952$13,366,924$23,778,779
55$28,199,563$16,268,165$13,768,883$25,837,387
56$31,028,642$17,018,028$14,182,864$28,090,863
57$34,144,797$17,803,145$14,609,224$30,558,432
58$37,577,264$18,625,197$15,048,331$33,261,252
59$41,358,258$19,485,945$15,500,563$36,222,606
60$45,523,279$20,387,235$15,966,311$39,468,122
61$50,111,447$21,331,003$16,445,975$43,026,008
62$55,165,868$22,319,276$16,939,969$46,927,313
63$60,734,047$23,354,180$17,448,718$51,206,218
64$66,868,330$24,437,945$17,972,660$55,900,353
65$73,626,401$25,572,906$18,512,246$61,051,144
66$81,071,826$26,761,510$19,067,938$66,704,202
67$89,274,654$28,006,326$19,640,216$72,909,746
68$98,312,076$29,310,043$20,229,570$79,723,071
69$108,269,154$30,675,482$20,836,507$87,205,064
70$119,239,625$32,105,598$21,461,548$95,422,775
71$131,326,786$33,603,491$22,105,228$104,450,037
72$144,644,465$35,172,409$22,768,101$114,368,160
73$159,318,102$36,815,759$23,450,734$125,266,691
74$175,485,927$38,537,109$24,153,711$137,244,250
75$193,300,267$40,340,203$24,877,636$150,409,452
76$212,928,985$42,228,964$25,623,128$164,881,927
77$234,557,063$44,207,505$26,390,825$180,793,436
78$258,388,349$46,280,139$27,181,383$198,289,108
79$284,647,480$48,451,385$27,995,479$217,528,799
80$313,582,003$50,725,983$28,833,807$238,688,592
81$345,464,713$53,108,901$29,697,085$261,962,448
82$380,596,225$55,605,349$30,586,049$287,564,022
83$419,307,816$58,220,787$31,501,458$315,728,673
84$461,964,549$60,960,941$32,444,092$346,715,672
85$508,968,719$63,831,813$33,414,756$380,810,635
86$560,763,654$66,839,698$34,414,276$418,328,205
87$617,837,897$69,991,193$35,443,504$459,615,012
88$680,729,817$73,293,217$36,503,316$505,052,925
89$750,032,696$76,753,021$37,594,614$555,062,645
90$826,400,324$80,378,212$38,718,327$610,107,659
91$910,553,175$84,176,763$39,875,409$670,698,598
92$1,003,285,208$88,157,033$41,066,844$737,398,039
93$1,105,471,359$92,327,788$42,293,644$810,825,799
94$1,218,075,807$96,698,219$43,556,850$891,664,763
95$1,342,161,069$101,277,961$44,857,534$980,667,314
96$1,478,898,035$106,077,118$46,196,798$1,078,662,411
97$1,629,577,023$111,106,286$47,575,780$1,186,563,394
98$1,795,619,957$116,376,571$48,995,646$1,305,376,583
99$1,978,593,791$121,899,622$50,457,599$1,436,210,749
100$2,180,225,306$127,687,651$51,962,876$1,580,287,562