Can I retire at age 54 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%13.9%
1 years$817,533$810,251$803,146$796,211$789,440$776,681
2 years$404,719$397,182$389,877$382,794$375,924$363,105
3 years$267,133$259,563$252,276$245,260$238,501$226,021
4 years$198,353$190,806$183,592$176,696$170,101$158,056
5 years$157,096$149,594$142,475$135,719$129,308$117,732
6 years$129,600$122,155$115,141$108,536$102,317$91,224
7 years$109,968$102,586$95,683$89,233$83,211$72,604
8 years$95,251$87,935$81,147$74,856$69,032$58,909
9 years$83,810$76,563$69,892$63,760$58,135$48,491
10 years$74,662$67,487$60,933$54,962$49,534$40,361
11 years$67,183$60,079$53,644$47,833$42,601$33,889
12 years$60,955$53,924$47,608$41,956$36,917$28,656
13 years$55,689$48,731$42,535$37,041$32,192$24,369
14 years$51,179$44,296$38,218$32,881$28,219$20,822
15 years$47,274$40,465$34,505$29,324$24,847$17,860
16 years$43,861$37,126$31,284$26,257$21,960$15,370
17 years$40,852$34,191$28,467$23,591$19,471$13,264
18 years$38,180$31,594$25,987$21,261$17,313$11,473
19 years$35,793$29,281$23,790$19,211$15,431$9,944
20 years$33,647$27,210$21,833$17,399$13,783$8,634
21 years$31,708$25,345$20,082$15,791$12,335$7,507
22 years$29,947$23,658$18,509$14,357$11,056$6,535
23 years$28,342$22,127$17,090$13,076$9,925$5,696
24 years$26,873$20,732$15,805$11,926$8,920$4,969
25 years$25,524$19,456$14,639$10,891$8,027$4,338
26 years$24,280$18,285$13,577$9,958$7,231$3,790
27 years$23,131$17,209$12,607$9,115$6,519$3,313
28 years$22,065$16,216$11,720$8,351$5,882$2,898
29 years$21,075$15,297$10,906$7,658$5,311$2,536
30 years$20,152$14,447$10,159$7,029$4,799$2,220
31 years$19,291$13,657$9,471$6,455$4,339$1,944
32 years$18,485$12,922$8,836$5,932$3,925$1,703
33 years$17,729$12,238$8,251$5,455$3,552$1,493
34 years$17,020$11,599$7,709$5,019$3,216$1,308
35 years$16,352$11,001$7,207$4,621$2,913$1,147
36 years$15,723$10,442$6,742$4,255$2,639$1,006
37 years$15,130$9,917$6,311$3,921$2,392$882
38 years$14,569$9,425$5,910$3,614$2,169$773
39 years$14,038$8,962$5,537$3,332$1,966$679
40 years$13,535$8,527$5,190$3,074$1,784$595
41 years$13,058$8,117$4,866$2,836$1,618$522
42 years$12,604$7,730$4,565$2,617$1,468$458
43 years$12,173$7,365$4,283$2,416$1,333$402
44 years$11,763$7,020$4,021$2,231$1,210$353
45 years$11,372$6,695$3,775$2,060$1,098$310
46 years$10,999$6,386$3,546$1,903$997$272
47 years$10,643$6,095$3,331$1,758$905$239
48 years$10,302$5,818$3,130$1,624$822$209
49 years$9,977$5,556$2,942$1,501$747$184
50 years$9,666$5,307$2,766$1,388$678$161

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $9,900,000, adding $3,600 every year, while hoping to spend $36,846 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: 55/38/7 Blend
53$9,900,000$9,900,000$9,900,000$9,900,000
54$10,913,513$10,388,813$10,235,363$11,496,060
55$11,987,488$10,858,661$10,539,044$12,359,564
56$13,169,773$11,350,297$10,851,663$13,294,835
57$14,471,377$11,864,749$11,173,482$14,312,188
58$15,904,431$12,403,095$11,504,767$15,419,426
59$17,482,301$12,966,465$11,845,794$16,625,119
60$19,219,716$13,556,042$12,196,849$17,938,688
61$21,132,905$14,173,066$12,558,221$19,370,485
62$23,239,752$14,818,837$12,930,212$20,931,888
63$25,559,963$15,494,716$13,313,130$22,635,407
64$28,115,252$16,202,130$13,707,294$24,494,796
65$30,929,549$16,942,576$14,113,029$26,525,176
66$34,029,220$17,717,619$14,530,672$28,743,179
67$37,443,321$18,528,902$14,960,570$31,167,093
68$41,203,867$19,378,147$15,403,077$33,817,038
69$45,346,142$20,267,156$15,858,561$36,715,142
70$49,909,022$21,197,820$16,327,396$39,885,750
71$54,935,350$22,172,121$16,809,971$43,355,646
72$60,472,335$23,192,134$17,306,684$47,154,301
73$66,571,999$24,260,035$17,817,945$51,314,143
74$73,291,672$25,378,105$18,344,174$55,870,858
75$80,694,525$26,548,735$18,885,807$60,863,720
76$88,850,172$27,774,429$19,443,287$66,335,952
77$97,835,327$29,057,813$20,017,075$72,335,130
78$107,734,525$30,401,640$20,607,641$78,913,623
79$118,640,921$31,808,795$21,215,471$86,129,077
80$130,657,169$33,282,300$21,841,064$94,044,953
81$143,896,393$34,825,326$22,484,933$102,731,115
82$158,483,253$36,441,194$23,147,605$112,264,482
83$174,555,118$38,133,387$23,829,624$122,729,742
84$192,263,372$39,905,554$24,531,547$134,220,143
85$211,774,831$41,761,522$25,253,950$146,838,361
86$233,273,328$43,705,301$25,997,421$160,697,457
87$256,961,442$45,741,095$26,762,569$175,921,934
88$283,062,412$47,873,311$27,550,018$192,648,901
89$311,822,244$50,106,570$28,360,410$211,029,350
90$343,512,035$52,445,713$29,194,405$231,229,569
91$378,430,527$54,895,818$30,052,683$253,432,702
92$416,906,935$57,462,207$30,935,941$277,840,457
93$459,304,045$60,150,458$31,844,898$304,674,994
94$506,021,647$62,966,420$32,780,292$334,181,012
95$557,500,306$65,916,225$33,742,882$366,628,036
96$614,225,517$69,006,300$34,733,450$402,312,944
97$676,732,297$72,243,386$35,752,796$441,562,754
98$745,610,224$75,634,545$36,801,748$484,737,686
99$821,509,014$79,187,184$37,881,154$532,234,547
100$905,144,647$82,909,070$38,991,886$584,490,450