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%19.9%
1 years$751,469$744,776$738,245$731,871$725,647$696,856
2 years$372,015$365,086$358,371$351,861$345,546$316,897
3 years$245,546$238,588$231,890$225,441$219,229$191,623
4 years$182,324$175,387$168,757$162,417$156,356$130,004
5 years$144,401$137,506$130,962$124,752$118,859$93,828
6 years$119,127$112,284$105,837$99,765$94,049$70,354
7 years$101,082$94,296$87,951$82,023$76,487$54,120
8 years$87,554$80,829$74,589$68,807$63,453$42,392
9 years$77,037$70,376$64,244$58,608$53,437$33,649
10 years$68,629$62,033$56,009$50,521$45,531$26,978
11 years$61,754$55,224$49,310$43,968$39,158$21,796
12 years$56,029$49,566$43,761$38,566$33,934$17,717
13 years$51,189$44,794$39,098$34,048$29,591$14,469
14 years$47,043$40,716$35,129$30,224$25,939$11,862
15 years$43,454$37,195$31,717$26,954$22,839$9,755
16 years$40,316$34,126$28,756$24,135$20,185$8,042
17 years$37,551$31,428$26,167$21,685$17,897$6,643
18 years$35,095$29,041$23,887$19,542$15,914$5,497
19 years$32,901$26,915$21,867$17,658$14,184$4,555
20 years$30,928$25,011$20,069$15,993$12,670$3,778
21 years$29,146$23,297$18,459$14,515$11,338$3,137
22 years$27,527$21,747$17,013$13,197$10,163$2,607
23 years$26,052$20,339$15,709$12,019$9,123$2,167
24 years$24,702$19,056$14,528$10,962$8,200$1,803
25 years$23,461$17,884$13,456$10,011$7,378$1,500
26 years$22,318$16,808$12,480$9,154$6,646$1,249
27 years$21,261$15,818$11,588$8,379$5,992$1,040
28 years$20,282$14,905$10,773$7,677$5,407$866
29 years$19,372$14,061$10,025$7,040$4,882$722
30 years$18,524$13,279$9,338$6,461$4,411$602
31 years$17,732$12,553$8,706$5,933$3,988$501
32 years$16,991$11,878$8,122$5,453$3,608$418
33 years$16,297$11,249$7,584$5,015$3,265$348
34 years$15,645$10,661$7,086$4,614$2,956$290
35 years$15,031$10,112$6,625$4,247$2,677$242
36 years$14,453$9,598$6,197$3,912$2,426$202
37 years$13,907$9,116$5,801$3,604$2,199$168
38 years$13,392$8,663$5,432$3,322$1,993$140
39 years$12,904$8,238$5,089$3,063$1,808$117
40 years$12,441$7,838$4,770$2,825$1,640$98
41 years$12,002$7,461$4,473$2,607$1,487$81
42 years$11,586$7,105$4,196$2,406$1,350$68
43 years$11,189$6,770$3,937$2,221$1,225$57
44 years$10,812$6,453$3,696$2,050$1,112$47
45 years$10,453$6,154$3,470$1,894$1,009$39
46 years$10,110$5,870$3,259$1,749$916$33
47 years$9,783$5,602$3,062$1,616$832$27
48 years$9,470$5,348$2,877$1,493$756$23
49 years$9,171$5,107$2,705$1,380$686$19
50 years$8,885$4,878$2,543$1,276$623$16

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 $3,847 every year, while hoping to spend $44,392 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: 71/9/20 Blend
53$9,100,000$9,100,000$9,100,000$9,100,000
54$10,032,168$9,549,868$9,408,818$10,695,443
55$11,008,217$9,970,579$9,676,781$11,558,507
56$12,082,334$10,410,417$9,952,232$12,497,503
57$13,264,477$10,870,272$10,235,377$13,524,505
58$14,565,615$11,351,077$10,526,424$14,648,226
59$15,997,837$11,853,808$10,825,588$15,878,261
60$17,574,461$12,379,490$11,133,089$17,225,174
61$19,310,163$12,929,192$11,449,155$18,700,595
62$21,221,114$13,504,037$11,774,016$20,317,331
63$23,325,134$14,105,201$12,107,912$22,089,485
64$25,641,857$14,733,915$12,451,087$24,032,586
65$28,192,919$15,391,470$12,803,791$26,163,736
66$31,002,161$16,079,216$13,166,282$28,501,769
67$34,095,852$16,798,568$13,538,823$31,067,429
68$37,502,942$17,551,011$13,921,686$33,883,560
69$41,255,327$18,338,096$14,315,149$36,975,325
70$45,388,160$19,161,451$14,719,495$40,370,439
71$49,940,172$20,022,782$15,135,018$44,099,429
72$54,954,045$20,923,875$15,562,017$48,195,921
73$60,476,813$21,866,600$16,000,800$52,696,954
74$66,560,303$22,852,918$16,451,682$57,643,331
75$73,261,627$23,884,884$16,914,986$63,079,998
76$80,643,720$24,964,650$17,391,045$69,056,468
77$88,775,932$26,094,471$17,880,197$75,627,286
78$97,734,687$27,276,709$18,382,793$82,852,542
79$107,604,197$28,513,841$18,899,190$90,798,436
80$118,477,267$29,808,460$19,429,754$99,537,896
81$130,456,158$31,163,285$19,974,861$109,151,273
82$143,653,564$32,581,164$20,534,896$119,727,087
83$158,193,668$34,065,081$21,110,256$131,362,866
84$174,213,318$35,618,165$21,701,345$144,166,061
85$191,863,314$37,243,693$22,308,577$158,255,058
86$211,309,837$38,945,099$22,932,380$173,760,291
87$232,736,014$40,725,983$23,573,188$190,825,474
88$256,343,647$42,590,116$24,231,450$209,608,949
89$282,355,119$44,541,451$24,907,623$230,285,181
90$311,015,490$46,584,131$25,602,177$253,046,399
91$342,594,813$48,722,497$26,315,594$278,104,408
92$377,390,683$50,961,099$27,048,366$305,692,582
93$415,731,045$53,304,705$27,800,998$336,068,069
94$457,977,289$55,758,313$28,574,009$369,514,205
95$504,527,663$58,327,160$29,367,928$406,343,193
96$555,821,030$61,016,737$30,183,300$446,899,040
97$612,341,015$63,832,797$31,020,680$491,560,800
98$674,620,565$66,781,370$31,880,639$540,746,151
99$743,246,982$69,868,777$32,763,760$594,915,327
100$818,867,471$73,101,644$33,670,643$654,575,464