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%11.4%
1 years$817,533$810,251$803,146$796,211$789,440$784,794
2 years$404,719$397,182$389,877$382,794$375,924$371,236
3 years$267,133$259,563$252,276$245,260$238,501$233,918
4 years$198,353$190,806$183,592$176,696$170,101$165,657
5 years$157,096$149,594$142,475$135,719$129,308$125,016
6 years$129,600$122,155$115,141$108,536$102,317$98,183
7 years$109,968$102,586$95,683$89,233$83,211$79,237
8 years$95,251$87,935$81,147$74,856$69,032$65,217
9 years$83,810$76,563$69,892$63,760$58,135$54,479
10 years$74,662$67,487$60,933$54,962$49,534$46,036
11 years$67,183$60,079$53,644$47,833$42,601$39,257
12 years$60,955$53,924$47,608$41,956$36,917$33,726
13 years$55,689$48,731$42,535$37,041$32,192$29,150
14 years$51,179$44,296$38,218$32,881$28,219$25,323
15 years$47,274$40,465$34,505$29,324$24,847$22,091
16 years$43,861$37,126$31,284$26,257$21,960$19,342
17 years$40,852$34,191$28,467$23,591$19,471$16,987
18 years$38,180$31,594$25,987$21,261$17,313$14,958
19 years$35,793$29,281$23,790$19,211$15,431$13,201
20 years$33,647$27,210$21,833$17,399$13,783$11,674
21 years$31,708$25,345$20,082$15,791$12,335$10,341
22 years$29,947$23,658$18,509$14,357$11,056$9,175
23 years$28,342$22,127$17,090$13,076$9,925$8,150
24 years$26,873$20,732$15,805$11,926$8,920$7,249
25 years$25,524$19,456$14,639$10,891$8,027$6,453
26 years$24,280$18,285$13,577$9,958$7,231$5,750
27 years$23,131$17,209$12,607$9,115$6,519$5,128
28 years$22,065$16,216$11,720$8,351$5,882$4,577
29 years$21,075$15,297$10,906$7,658$5,311$4,087
30 years$20,152$14,447$10,159$7,029$4,799$3,652
31 years$19,291$13,657$9,471$6,455$4,339$3,264
32 years$18,485$12,922$8,836$5,932$3,925$2,919
33 years$17,729$12,238$8,251$5,455$3,552$2,612
34 years$17,020$11,599$7,709$5,019$3,216$2,338
35 years$16,352$11,001$7,207$4,621$2,913$2,093
36 years$15,723$10,442$6,742$4,255$2,639$1,874
37 years$15,130$9,917$6,311$3,921$2,392$1,679
38 years$14,569$9,425$5,910$3,614$2,169$1,504
39 years$14,038$8,962$5,537$3,332$1,966$1,348
40 years$13,535$8,527$5,190$3,074$1,784$1,208
41 years$13,058$8,117$4,866$2,836$1,618$1,083
42 years$12,604$7,730$4,565$2,617$1,468$971
43 years$12,173$7,365$4,283$2,416$1,333$871
44 years$11,763$7,020$4,021$2,231$1,210$781
45 years$11,372$6,695$3,775$2,060$1,098$700
46 years$10,999$6,386$3,546$1,903$997$628
47 years$10,643$6,095$3,331$1,758$905$563
48 years$10,302$5,818$3,130$1,624$822$505
49 years$9,977$5,556$2,942$1,501$747$453
50 years$9,666$5,307$2,766$1,388$678$407

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 $4,115 every year, while hoping to spend $36,504 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: 79/10/11 Blend
44$9,900,000$9,900,000$9,900,000$9,900,000
45$10,914,045$10,389,345$10,235,895$11,754,680
46$11,988,437$10,859,583$10,539,957$12,777,762
47$13,171,194$11,351,639$10,852,982$13,894,759
48$14,473,331$11,866,544$11,175,232$15,119,134
49$15,906,983$12,405,377$11,506,975$16,461,597
50$17,485,526$12,969,270$11,848,489$17,933,941
51$19,223,694$13,559,410$12,200,058$19,549,154
52$21,137,727$14,177,037$12,561,976$21,321,534
53$23,245,518$14,823,455$12,934,545$23,266,830
54$25,566,784$15,500,026$13,318,075$25,402,387
55$28,123,250$16,208,182$13,712,885$27,747,305
56$30,938,859$16,949,420$14,119,304$30,322,621
57$34,039,991$17,725,311$14,537,669$33,151,507
58$37,455,718$18,537,499$14,968,329$36,259,482
59$41,218,074$19,387,709$15,411,641$39,674,657
60$45,362,360$20,277,749$15,867,973$43,427,996
61$49,927,474$21,209,512$16,337,703$47,553,604
62$54,956,281$22,184,983$16,821,221$52,089,053
63$60,496,017$23,206,242$17,318,927$57,075,727
64$66,598,734$24,275,471$17,831,234$62,559,219
65$73,321,789$25,394,954$18,358,565$68,589,750
66$80,728,390$26,567,085$18,901,356$75,222,650
67$88,888,190$27,794,376$19,460,055$82,518,870
68$97,877,943$29,079,458$20,035,125$90,545,560
69$107,782,230$30,425,089$20,627,038$99,376,698
70$118,694,258$31,834,158$21,236,284$109,093,787
71$130,716,737$33,309,696$21,863,364$119,786,620
72$143,962,852$34,854,880$22,508,795$131,554,125
73$158,557,331$36,473,037$23,173,107$144,505,298
74$174,637,620$38,167,657$23,856,848$158,760,225
75$192,355,182$39,942,397$24,560,578$174,451,214
76$211,876,929$41,801,093$25,284,875$191,724,044
77$233,386,792$43,747,763$26,030,335$210,739,330
78$257,087,461$45,786,619$26,797,567$231,674,043
79$283,202,297$47,922,079$27,587,201$254,723,171
80$311,977,443$50,158,772$28,399,883$280,101,559
81$343,684,141$52,501,550$29,236,278$308,045,932
82$378,621,299$54,955,503$30,097,070$338,817,125
83$417,118,312$57,525,962$30,982,961$372,702,541
84$459,538,165$60,218,520$31,894,676$410,018,858
85$506,280,867$63,039,037$32,832,957$451,115,015
86$557,787,224$65,993,658$33,798,570$496,375,501
87$614,542,999$69,088,826$34,792,300$546,223,976
88$677,083,500$72,331,293$35,814,957$601,127,270
89$745,998,632$75,728,141$36,867,372$661,599,779
90$821,938,463$79,286,791$37,950,401$728,208,319
91$905,619,369$83,015,026$39,064,922$801,577,465
92$997,830,788$86,921,005$40,211,839$882,395,447
93$1,099,442,675$91,013,282$41,392,083$971,420,634
94$1,211,413,720$95,300,824$42,606,610$1,069,488,691
95$1,334,800,390$99,793,035$43,856,401$1,177,520,457
96$1,470,766,907$104,499,772$45,142,469$1,296,530,630
97$1,620,596,242$109,431,370$46,465,851$1,427,637,339
98$1,785,702,218$114,598,667$47,827,617$1,572,072,692
99$1,967,642,866$120,013,024$49,228,864$1,731,194,396
100$2,168,135,130$125,686,353$50,670,722$1,906,498,565