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

Use the below retirement simulation to view the chances of a successful retirement.
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%13.5%
1 years$751,469$744,776$738,245$731,871$725,647$715,098
2 years$372,015$365,086$358,371$351,861$345,546$334,941
3 years$245,546$238,588$231,890$225,441$219,229$208,896
4 years$182,324$175,387$168,757$162,417$156,356$146,376
5 years$144,401$137,506$130,962$124,752$118,859$109,261
6 years$119,127$112,284$105,837$99,765$94,049$84,843
7 years$101,082$94,296$87,951$82,023$76,487$67,677
8 years$87,554$80,829$74,589$68,807$63,453$55,038
9 years$77,037$70,376$64,244$58,608$53,437$45,412
10 years$68,629$62,033$56,009$50,521$45,531$37,891
11 years$61,754$55,224$49,310$43,968$39,158$31,895
12 years$56,029$49,566$43,761$38,566$33,934$27,039
13 years$51,189$44,794$39,098$34,048$29,591$23,055
14 years$47,043$40,716$35,129$30,224$25,939$19,751
15 years$43,454$37,195$31,717$26,954$22,839$16,989
16 years$40,316$34,126$28,756$24,135$20,185$14,661
17 years$37,551$31,428$26,167$21,685$17,897$12,688
18 years$35,095$29,041$23,887$19,542$15,914$11,007
19 years$32,901$26,915$21,867$17,658$14,184$9,568
20 years$30,928$25,011$20,069$15,993$12,670$8,332
21 years$29,146$23,297$18,459$14,515$11,338$7,266
22 years$27,527$21,747$17,013$13,197$10,163$6,345
23 years$26,052$20,339$15,709$12,019$9,123$5,547
24 years$24,702$19,056$14,528$10,962$8,200$4,854
25 years$23,461$17,884$13,456$10,011$7,378$4,251
26 years$22,318$16,808$12,480$9,154$6,646$3,726
27 years$21,261$15,818$11,588$8,379$5,992$3,268
28 years$20,282$14,905$10,773$7,677$5,407$2,868
29 years$19,372$14,061$10,025$7,040$4,882$2,518
30 years$18,524$13,279$9,338$6,461$4,411$2,211
31 years$17,732$12,553$8,706$5,933$3,988$1,943
32 years$16,991$11,878$8,122$5,453$3,608$1,708
33 years$16,297$11,249$7,584$5,015$3,265$1,502
34 years$15,645$10,661$7,086$4,614$2,956$1,321
35 years$15,031$10,112$6,625$4,247$2,677$1,162
36 years$14,453$9,598$6,197$3,912$2,426$1,022
37 years$13,907$9,116$5,801$3,604$2,199$899
38 years$13,392$8,663$5,432$3,322$1,993$791
39 years$12,904$8,238$5,089$3,063$1,808$697
40 years$12,441$7,838$4,770$2,825$1,640$613
41 years$12,002$7,461$4,473$2,607$1,487$540
42 years$11,586$7,105$4,196$2,406$1,350$475
43 years$11,189$6,770$3,937$2,221$1,225$419
44 years$10,812$6,453$3,696$2,050$1,112$369
45 years$10,453$6,154$3,470$1,894$1,009$325
46 years$10,110$5,870$3,259$1,749$916$286
47 years$9,783$5,602$3,062$1,616$832$252
48 years$9,470$5,348$2,877$1,493$756$222
49 years$9,171$5,107$2,705$1,380$686$195
50 years$8,885$4,878$2,543$1,276$623$172

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 $5,031 every year, while hoping to spend $24,801 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: 57/38/5 Blend
53$9,100,000$9,100,000$9,100,000$9,100,000
54$10,033,389$9,551,089$9,410,039$10,595,485
55$11,030,407$9,992,705$9,698,888$11,415,192
56$12,128,289$10,455,128$9,996,581$12,304,595
57$13,337,298$10,939,353$10,303,390$13,272,965
58$14,668,741$11,446,420$10,619,592$14,327,834
59$16,135,080$11,977,421$10,945,475$15,477,479
60$17,750,043$12,533,500$11,281,334$16,730,996
61$19,528,763$13,115,857$11,627,474$18,098,383
62$21,487,910$13,725,747$11,984,208$19,590,629
63$23,645,858$14,364,490$12,351,860$21,219,817
64$26,022,851$15,033,465$12,730,763$22,999,232
65$28,641,199$15,734,122$13,121,260$24,943,482
66$31,525,484$16,467,977$13,523,706$27,068,632
67$34,702,798$17,236,622$13,938,464$29,392,351
68$38,202,992$18,041,725$14,365,911$31,934,076
69$42,058,961$18,885,034$14,806,433$34,715,185
70$46,306,956$19,768,381$15,260,429$37,759,202
71$50,986,923$20,693,689$15,728,311$41,092,004
72$56,142,881$21,662,972$16,210,502$44,742,067
73$61,823,338$22,678,342$16,707,437$48,740,726
74$68,081,750$23,742,011$17,219,567$53,122,463
75$74,977,021$24,856,303$17,747,356$57,925,229
76$82,574,064$26,023,649$18,291,279$63,190,791
77$90,944,412$27,246,600$18,851,830$68,965,126
78$100,166,890$28,527,832$19,429,514$75,298,839
79$110,328,365$29,870,147$20,024,855$82,247,638
80$121,524,560$31,276,487$20,638,390$89,872,853
81$133,860,962$32,749,932$21,270,673$98,242,001
82$147,453,816$34,293,714$21,922,276$107,429,416
83$162,431,221$35,911,221$22,593,787$117,516,944
84$178,934,339$37,606,005$23,285,813$128,594,704
85$197,118,733$39,381,790$23,998,979$140,761,925
86$217,155,827$41,242,482$24,733,928$154,127,878
87$239,234,531$43,192,172$25,491,324$168,812,890
88$263,563,020$45,235,156$26,271,850$184,949,470
89$290,370,701$47,375,932$27,076,211$202,683,551
90$319,910,380$49,619,220$27,905,132$222,175,846
91$352,460,646$51,969,969$28,759,360$243,603,360
92$388,328,499$54,433,365$29,639,667$267,161,042
93$427,852,255$57,014,849$30,546,845$293,063,609
94$471,404,734$59,720,125$31,481,712$321,547,561
95$519,396,778$62,555,172$32,445,111$352,873,392
96$572,281,137$65,526,264$33,437,910$387,328,038
97$630,556,736$68,639,974$34,461,003$425,227,561
98$694,773,389$71,903,198$35,515,312$466,920,117
99$765,536,986$75,323,165$36,601,786$512,789,221
100$843,515,216$78,907,458$37,721,403$563,257,349