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%19.3%
1 years$751,469$744,776$738,245$731,871$725,647$698,512
2 years$372,015$365,086$358,371$351,861$345,546$318,519
3 years$245,546$238,588$231,890$225,441$219,229$193,159
4 years$182,324$175,387$168,757$162,417$156,356$131,443
5 years$144,401$137,506$130,962$124,752$118,859$95,167
6 years$119,127$112,284$105,837$99,765$94,049$71,595
7 years$101,082$94,296$87,951$82,023$76,487$55,265
8 years$87,554$80,829$74,589$68,807$63,453$43,443
9 years$77,037$70,376$64,244$58,608$53,437$34,611
10 years$68,629$62,033$56,009$50,521$45,531$27,855
11 years$61,754$55,224$49,310$43,968$39,158$22,593
12 years$56,029$49,566$43,761$38,566$33,934$18,438
13 years$51,189$44,794$39,098$34,048$29,591$15,121
14 years$47,043$40,716$35,129$30,224$25,939$12,449
15 years$43,454$37,195$31,717$26,954$22,839$10,281
16 years$40,316$34,126$28,756$24,135$20,185$8,513
17 years$37,551$31,428$26,167$21,685$17,897$7,064
18 years$35,095$29,041$23,887$19,542$15,914$5,871
19 years$32,901$26,915$21,867$17,658$14,184$4,887
20 years$30,928$25,011$20,069$15,993$12,670$4,072
21 years$29,146$23,297$18,459$14,515$11,338$3,397
22 years$27,527$21,747$17,013$13,197$10,163$2,836
23 years$26,052$20,339$15,709$12,019$9,123$2,369
24 years$24,702$19,056$14,528$10,962$8,200$1,980
25 years$23,461$17,884$13,456$10,011$7,378$1,656
26 years$22,318$16,808$12,480$9,154$6,646$1,385
27 years$21,261$15,818$11,588$8,379$5,992$1,159
28 years$20,282$14,905$10,773$7,677$5,407$970
29 years$19,372$14,061$10,025$7,040$4,882$812
30 years$18,524$13,279$9,338$6,461$4,411$680
31 years$17,732$12,553$8,706$5,933$3,988$570
32 years$16,991$11,878$8,122$5,453$3,608$477
33 years$16,297$11,249$7,584$5,015$3,265$400
34 years$15,645$10,661$7,086$4,614$2,956$335
35 years$15,031$10,112$6,625$4,247$2,677$281
36 years$14,453$9,598$6,197$3,912$2,426$235
37 years$13,907$9,116$5,801$3,604$2,199$197
38 years$13,392$8,663$5,432$3,322$1,993$165
39 years$12,904$8,238$5,089$3,063$1,808$138
40 years$12,441$7,838$4,770$2,825$1,640$116
41 years$12,002$7,461$4,473$2,607$1,487$97
42 years$11,586$7,105$4,196$2,406$1,350$81
43 years$11,189$6,770$3,937$2,221$1,225$68
44 years$10,812$6,453$3,696$2,050$1,112$57
45 years$10,453$6,154$3,470$1,894$1,009$48
46 years$10,110$5,870$3,259$1,749$916$40
47 years$9,783$5,602$3,062$1,616$832$34
48 years$9,470$5,348$2,877$1,493$756$28
49 years$9,171$5,107$2,705$1,380$686$24
50 years$8,885$4,878$2,543$1,276$623$20

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 $6,719 every year, while hoping to spend $23,434 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: 64/18/18 Blend
53$9,100,000$9,100,000$9,100,000$9,100,000
54$10,035,131$9,552,831$9,411,781$10,631,661
55$11,033,780$9,995,986$9,702,142$11,476,234
56$12,133,507$10,460,070$10,001,444$12,395,220
57$13,344,596$10,946,084$10,309,964$13,398,604
58$14,678,379$11,455,078$10,627,983$14,494,632
59$16,147,347$11,988,150$10,955,793$15,692,372
60$17,765,261$12,546,453$11,293,696$17,001,804
61$19,547,284$13,131,196$11,642,002$18,433,909
62$21,510,128$13,743,646$12,001,030$20,000,772
63$23,672,206$14,385,129$12,371,110$21,715,692
64$26,053,810$15,057,039$12,752,580$23,593,305
65$28,677,298$15,760,834$13,145,792$25,649,722
66$31,567,312$16,498,044$13,551,105$27,902,677
67$34,751,002$17,270,273$13,968,891$30,371,691
68$38,258,289$18,079,201$14,399,534$33,078,256
69$42,122,144$18,926,591$14,843,428$36,046,032
70$46,378,900$19,814,291$15,300,980$39,301,068
71$51,068,594$20,744,238$15,772,609$42,872,045
72$56,235,347$21,718,462$16,258,748$46,790,545
73$61,927,778$22,739,092$16,759,841$51,091,344
74$68,199,465$23,808,360$17,276,349$55,812,734
75$75,109,447$24,928,607$17,808,744$60,996,886
76$82,722,788$26,102,286$18,357,514$66,690,242
77$91,111,182$27,331,968$18,923,161$72,943,945
78$100,353,639$28,620,351$19,506,203$79,814,326
79$110,537,224$29,970,262$20,107,174$87,363,422
80$121,757,881$31,384,665$20,726,625$95,659,563
81$134,121,340$32,866,669$21,365,122$104,778,012
82$147,744,113$34,419,531$22,023,249$114,801,665
83$162,754,593$36,046,669$22,701,609$125,821,833
84$179,294,271$37,751,666$23,400,823$137,939,100
85$197,519,066$39,538,276$24,121,529$151,264,258
86$217,600,798$41,410,439$24,864,388$165,919,358
87$239,728,813$43,372,284$25,630,078$182,038,845
88$264,111,766$45,428,140$26,419,300$199,770,830
89$290,979,595$47,582,548$27,232,776$219,278,474
90$320,585,688$49,840,267$28,071,248$240,741,523
91$353,209,277$52,206,289$28,935,483$264,358,000
92$389,158,073$54,685,847$29,826,272$290,346,063
93$428,771,172$57,284,429$30,744,428$318,946,057
94$472,422,255$60,007,790$31,690,789$350,422,774
95$520,523,116$62,861,962$32,666,222$385,067,944
96$573,527,549$65,853,273$33,671,615$423,202,981
97$631,935,633$68,988,358$34,707,888$465,182,003
98$696,298,452$72,274,172$35,775,987$511,395,170
99$767,223,298$75,718,010$36,876,887$562,272,350
100$845,379,405$79,327,523$38,011,592$618,287,173