Can I retire at age 54 with 9,100,000?

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 $9,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$751,469$744,776$738,245$731,871$725,647$716,579
2 years$372,015$365,086$358,371$351,861$345,546$336,422
3 years$245,546$238,588$231,890$225,441$219,229$210,332
4 years$182,324$175,387$168,757$162,417$156,356$147,754
5 years$144,401$137,506$130,962$124,752$118,859$110,579
6 years$119,127$112,284$105,837$99,765$94,049$86,099
7 years$101,082$94,296$87,951$82,023$76,487$68,871
8 years$87,554$80,829$74,589$68,807$63,453$56,170
9 years$77,037$70,376$64,244$58,608$53,437$46,484
10 years$68,629$62,033$56,009$50,521$45,531$38,903
11 years$61,754$55,224$49,310$43,968$39,158$32,849
12 years$56,029$49,566$43,761$38,566$33,934$27,937
13 years$51,189$44,794$39,098$34,048$29,591$23,898
14 years$47,043$40,716$35,129$30,224$25,939$20,543
15 years$43,454$37,195$31,717$26,954$22,839$17,729
16 years$40,316$34,126$28,756$24,135$20,185$15,354
17 years$37,551$31,428$26,167$21,685$17,897$13,334
18 years$35,095$29,041$23,887$19,542$15,914$11,609
19 years$32,901$26,915$21,867$17,658$14,184$10,128
20 years$30,928$25,011$20,069$15,993$12,670$8,852
21 years$29,146$23,297$18,459$14,515$11,338$7,749
22 years$27,527$21,747$17,013$13,197$10,163$6,793
23 years$26,052$20,339$15,709$12,019$9,123$5,961
24 years$24,702$19,056$14,528$10,962$8,200$5,237
25 years$23,461$17,884$13,456$10,011$7,378$4,605
26 years$22,318$16,808$12,480$9,154$6,646$4,052
27 years$21,261$15,818$11,588$8,379$5,992$3,568
28 years$20,282$14,905$10,773$7,677$5,407$3,144
29 years$19,372$14,061$10,025$7,040$4,882$2,771
30 years$18,524$13,279$9,338$6,461$4,411$2,444
31 years$17,732$12,553$8,706$5,933$3,988$2,156
32 years$16,991$11,878$8,122$5,453$3,608$1,903
33 years$16,297$11,249$7,584$5,015$3,265$1,680
34 years$15,645$10,661$7,086$4,614$2,956$1,484
35 years$15,031$10,112$6,625$4,247$2,677$1,311
36 years$14,453$9,598$6,197$3,912$2,426$1,158
37 years$13,907$9,116$5,801$3,604$2,199$1,023
38 years$13,392$8,663$5,432$3,322$1,993$905
39 years$12,904$8,238$5,089$3,063$1,808$800
40 years$12,441$7,838$4,770$2,825$1,640$707
41 years$12,002$7,461$4,473$2,607$1,487$625
42 years$11,586$7,105$4,196$2,406$1,350$553
43 years$11,189$6,770$3,937$2,221$1,225$489
44 years$10,812$6,453$3,696$2,050$1,112$432
45 years$10,453$6,154$3,470$1,894$1,009$382
46 years$10,110$5,870$3,259$1,749$916$338
47 years$9,783$5,602$3,062$1,616$832$299
48 years$9,470$5,348$2,877$1,493$756$265
49 years$9,171$5,107$2,705$1,380$686$234
50 years$8,885$4,878$2,543$1,276$623$207

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $9,100,000, adding $4,281 every year, while hoping to spend $43,556 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: 59/35/6 Blend
53$9,100,000$9,100,000$9,100,000$9,100,000
54$10,032,616$9,550,316$9,409,266$10,612,523
55$11,009,599$9,971,938$9,678,133$11,423,236
56$12,084,776$10,412,760$9,954,547$12,301,398
57$13,268,114$10,873,676$10,238,716$13,257,747
58$14,570,599$11,355,624$10,530,851$14,299,783
59$16,004,336$11,859,586$10,831,170$15,435,750
60$17,582,662$12,386,589$11,139,897$16,674,710
61$19,320,272$12,937,710$11,457,262$18,026,628
62$21,233,359$13,514,078$11,783,501$19,502,462
63$23,339,768$14,116,874$12,118,854$21,114,263
64$25,659,160$14,747,336$12,463,571$22,875,284
65$28,213,200$15,406,761$12,817,907$24,800,103
66$31,025,761$16,096,507$13,182,121$26,904,757
67$34,123,151$16,817,998$13,556,484$29,206,890
68$37,534,355$17,572,723$13,941,270$31,725,914
69$41,291,319$18,362,246$14,336,761$34,483,187
70$45,429,238$19,188,201$14,743,248$37,502,214
71$49,986,902$20,052,304$15,161,028$40,808,862
72$55,007,049$20,956,350$15,590,405$44,431,597
73$60,536,777$21,902,221$16,031,694$48,401,753
74$66,627,987$22,891,888$16,485,214$52,753,818
75$73,337,869$23,927,418$16,951,296$57,525,754
76$80,729,444$25,010,974$17,430,277$62,759,353
77$88,872,160$26,144,824$17,922,504$68,500,622
78$97,842,545$27,331,345$18,428,332$74,800,214
79$107,724,930$28,573,026$18,948,126$81,713,895
80$118,612,245$29,872,477$19,482,261$89,303,068
81$130,606,897$31,232,431$20,031,119$97,635,344
82$143,821,733$32,655,753$20,595,095$106,785,170
83$158,381,110$34,145,445$21,174,591$116,834,529
84$174,422,065$35,704,653$21,770,021$127,873,699
85$192,095,609$37,336,674$22,381,810$140,002,102
86$211,568,152$39,044,963$23,010,392$153,329,230
87$233,023,077$40,833,140$23,656,214$167,975,673
88$256,662,466$42,704,999$24,319,732$184,074,241
89$282,709,011$44,664,517$25,001,416$201,771,214
90$311,408,112$46,715,860$25,701,746$221,227,707
91$343,030,200$48,863,398$26,421,215$242,621,181
92$377,873,282$51,111,706$27,160,327$266,147,109
93$416,265,759$53,465,582$27,919,601$292,020,803
94$458,569,526$55,930,054$28,699,566$320,479,439
95$505,183,383$58,510,393$29,500,767$351,784,278
96$556,546,806$61,212,120$30,323,761$386,223,122
97$613,144,092$64,041,026$31,169,119$424,113,012
98$675,508,931$67,003,178$32,037,426$465,803,207
99$744,229,444$70,104,935$32,929,281$511,678,464
100$819,953,735$73,352,965$33,845,300$562,162,653