Can I retire at age 57 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%19.4%
1 years$751,469$744,776$738,245$731,871$725,647$698,235
2 years$372,015$365,086$358,371$351,861$345,546$318,248
3 years$245,546$238,588$231,890$225,441$219,229$192,902
4 years$182,324$175,387$168,757$162,417$156,356$131,202
5 years$144,401$137,506$130,962$124,752$118,859$94,943
6 years$119,127$112,284$105,837$99,765$94,049$71,387
7 years$101,082$94,296$87,951$82,023$76,487$55,072
8 years$87,554$80,829$74,589$68,807$63,453$43,266
9 years$77,037$70,376$64,244$58,608$53,437$34,448
10 years$68,629$62,033$56,009$50,521$45,531$27,706
11 years$61,754$55,224$49,310$43,968$39,158$22,458
12 years$56,029$49,566$43,761$38,566$33,934$18,316
13 years$51,189$44,794$39,098$34,048$29,591$15,010
14 years$47,043$40,716$35,129$30,224$25,939$12,349
15 years$43,454$37,195$31,717$26,954$22,839$10,192
16 years$40,316$34,126$28,756$24,135$20,185$8,433
17 years$37,551$31,428$26,167$21,685$17,897$6,992
18 years$35,095$29,041$23,887$19,542$15,914$5,807
19 years$32,901$26,915$21,867$17,658$14,184$4,830
20 years$30,928$25,011$20,069$15,993$12,670$4,022
21 years$29,146$23,297$18,459$14,515$11,338$3,352
22 years$27,527$21,747$17,013$13,197$10,163$2,796
23 years$26,052$20,339$15,709$12,019$9,123$2,334
24 years$24,702$19,056$14,528$10,962$8,200$1,949
25 years$23,461$17,884$13,456$10,011$7,378$1,629
26 years$22,318$16,808$12,480$9,154$6,646$1,362
27 years$21,261$15,818$11,588$8,379$5,992$1,138
28 years$20,282$14,905$10,773$7,677$5,407$952
29 years$19,372$14,061$10,025$7,040$4,882$797
30 years$18,524$13,279$9,338$6,461$4,411$667
31 years$17,732$12,553$8,706$5,933$3,988$558
32 years$16,991$11,878$8,122$5,453$3,608$467
33 years$16,297$11,249$7,584$5,015$3,265$391
34 years$15,645$10,661$7,086$4,614$2,956$327
35 years$15,031$10,112$6,625$4,247$2,677$274
36 years$14,453$9,598$6,197$3,912$2,426$229
37 years$13,907$9,116$5,801$3,604$2,199$192
38 years$13,392$8,663$5,432$3,322$1,993$161
39 years$12,904$8,238$5,089$3,063$1,808$135
40 years$12,441$7,838$4,770$2,825$1,640$113
41 years$12,002$7,461$4,473$2,607$1,487$94
42 years$11,586$7,105$4,196$2,406$1,350$79
43 years$11,189$6,770$3,937$2,221$1,225$66
44 years$10,812$6,453$3,696$2,050$1,112$55
45 years$10,453$6,154$3,470$1,894$1,009$46
46 years$10,110$5,870$3,259$1,749$916$39
47 years$9,783$5,602$3,062$1,616$832$33
48 years$9,470$5,348$2,877$1,493$756$27
49 years$9,171$5,107$2,705$1,380$686$23
50 years$8,885$4,878$2,543$1,276$623$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $9,100,000, adding $4,658 every year, while hoping to spend $32,256 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: 76/10/14 Blend
56$9,100,000$9,100,000$9,100,000$9,100,000
57$10,033,005$9,550,705$9,409,655$10,765,775
58$11,022,051$9,984,369$9,690,558$11,683,665
59$12,110,899$10,438,202$9,979,791$12,685,147
60$13,309,694$10,913,158$10,277,597$13,782,172
61$14,629,617$11,410,236$10,584,230$14,984,244
62$16,082,984$11,930,484$10,899,949$16,301,827
63$17,683,372$12,475,001$11,225,020$17,746,444
64$19,445,736$13,044,936$11,559,719$19,330,784
65$21,386,560$13,641,497$11,904,328$21,068,816
66$23,524,004$14,265,945$12,259,138$22,975,928
67$25,878,082$14,919,606$12,624,449$25,069,062
68$28,470,847$15,603,867$13,000,568$27,366,878
69$31,326,600$16,320,183$13,387,813$29,889,929
70$34,472,119$17,070,078$13,786,511$32,660,848
71$37,936,912$17,855,149$14,196,996$35,704,565
72$41,753,496$18,677,070$14,619,615$39,048,540
73$45,957,703$19,537,597$15,054,722$42,723,018
74$50,589,018$20,438,568$15,502,684$46,761,314
75$55,690,951$21,381,911$15,963,877$51,200,126
76$61,311,449$22,369,646$16,438,689$56,079,879
77$67,503,349$23,403,891$16,927,517$61,445,105
78$74,324,874$24,486,865$17,430,772$67,344,858
79$81,840,185$25,620,895$17,948,876$73,833,180
80$90,119,983$26,808,419$18,482,263$80,969,605
81$99,242,182$28,051,992$19,031,380$88,819,718
82$109,292,639$29,354,294$19,596,686$97,455,774
83$120,365,967$30,718,133$20,178,653$106,957,378
84$132,566,427$32,146,453$20,777,770$117,412,229
85$146,008,913$33,642,339$21,394,535$128,916,948
86$160,820,034$35,209,026$22,029,464$141,577,990
87$177,139,314$36,849,905$22,683,088$155,512,638
88$195,120,503$38,568,529$23,355,950$170,850,115
89$214,933,031$40,368,624$24,048,611$187,732,794
90$236,763,610$42,254,097$24,761,650$206,317,542
91$260,817,992$44,229,041$25,495,658$226,777,198
92$287,322,912$46,297,749$26,251,248$249,302,194
93$316,528,231$48,464,720$27,029,046$274,102,358
94$348,709,291$50,734,672$27,829,700$301,408,883
95$384,169,518$53,112,550$28,653,874$331,476,508
96$423,243,282$55,603,538$29,502,252$364,585,920
97$466,299,056$58,213,071$30,375,537$401,046,394
98$513,742,896$60,946,848$31,274,454$441,198,712
99$566,022,270$63,810,841$32,199,746$485,418,372
100$623,630,284$66,811,315$33,152,180$534,119,130