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%17.1%
1 years$751,469$744,776$738,245$731,871$725,647$704,678
2 years$372,015$365,086$358,371$351,861$345,546$324,587
3 years$245,546$238,588$231,890$225,441$219,229$198,936
4 years$182,324$175,387$168,757$162,417$156,356$136,885
5 years$144,401$137,506$130,962$124,752$118,859$100,263
6 years$119,127$112,284$105,837$99,765$94,049$76,346
7 years$101,082$94,296$87,951$82,023$76,487$59,676
8 years$87,554$80,829$74,589$68,807$63,453$47,524
9 years$77,037$70,376$64,244$58,608$53,437$38,374
10 years$68,629$62,033$56,009$50,521$45,531$31,314
11 years$61,754$55,224$49,310$43,968$39,158$25,764
12 years$56,029$49,566$43,761$38,566$33,934$21,335
13 years$51,189$44,794$39,098$34,048$29,591$17,761
14 years$47,043$40,716$35,129$30,224$25,939$14,848
15 years$43,454$37,195$31,717$26,954$22,839$12,455
16 years$40,316$34,126$28,756$24,135$20,185$10,478
17 years$37,551$31,428$26,167$21,685$17,897$8,836
18 years$35,095$29,041$23,887$19,542$15,914$7,466
19 years$32,901$26,915$21,867$17,658$14,184$6,318
20 years$30,928$25,011$20,069$15,993$12,670$5,355
21 years$29,146$23,297$18,459$14,515$11,338$4,543
22 years$27,527$21,747$17,013$13,197$10,163$3,859
23 years$26,052$20,339$15,709$12,019$9,123$3,280
24 years$24,702$19,056$14,528$10,962$8,200$2,790
25 years$23,461$17,884$13,456$10,011$7,378$2,374
26 years$22,318$16,808$12,480$9,154$6,646$2,022
27 years$21,261$15,818$11,588$8,379$5,992$1,722
28 years$20,282$14,905$10,773$7,677$5,407$1,468
29 years$19,372$14,061$10,025$7,040$4,882$1,251
30 years$18,524$13,279$9,338$6,461$4,411$1,067
31 years$17,732$12,553$8,706$5,933$3,988$910
32 years$16,991$11,878$8,122$5,453$3,608$776
33 years$16,297$11,249$7,584$5,015$3,265$662
34 years$15,645$10,661$7,086$4,614$2,956$565
35 years$15,031$10,112$6,625$4,247$2,677$482
36 years$14,453$9,598$6,197$3,912$2,426$412
37 years$13,907$9,116$5,801$3,604$2,199$351
38 years$13,392$8,663$5,432$3,322$1,993$300
39 years$12,904$8,238$5,089$3,063$1,808$256
40 years$12,441$7,838$4,770$2,825$1,640$219
41 years$12,002$7,461$4,473$2,607$1,487$187
42 years$11,586$7,105$4,196$2,406$1,350$159
43 years$11,189$6,770$3,937$2,221$1,225$136
44 years$10,812$6,453$3,696$2,050$1,112$116
45 years$10,453$6,154$3,470$1,894$1,009$99
46 years$10,110$5,870$3,259$1,749$916$85
47 years$9,783$5,602$3,062$1,616$832$72
48 years$9,470$5,348$2,877$1,493$756$62
49 years$9,171$5,107$2,705$1,380$686$53
50 years$8,885$4,878$2,543$1,276$623$45

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 $2,959 every year, while hoping to spend $45,087 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: 63/30/7 Blend
56$9,100,000$9,100,000$9,100,000$9,100,000
57$10,031,252$9,548,952$9,407,902$10,649,719
58$11,006,468$9,968,879$9,675,095$11,482,401
59$12,079,644$10,407,870$9,949,727$12,385,607
60$13,260,726$10,866,814$10,232,001$13,370,562
61$14,560,670$11,346,638$10,522,123$14,445,181
62$15,991,550$11,848,315$10,820,306$15,618,169
63$17,566,669$12,372,863$11,126,767$16,899,096
64$19,300,685$12,921,350$11,441,730$18,298,493
65$21,209,751$13,494,892$11,765,424$19,827,940
66$23,311,665$14,094,660$12,098,084$21,500,181
67$25,626,036$14,721,881$12,439,952$23,329,232
68$28,174,476$15,377,837$12,791,275$25,330,521
69$30,980,797$16,063,875$13,152,306$27,521,019
70$34,071,236$16,781,403$13,523,307$29,919,406
71$37,474,708$17,531,897$13,904,543$32,546,240
72$41,223,072$18,316,905$14,296,289$35,424,146
73$45,351,437$19,138,044$14,698,827$38,578,029
74$49,898,489$19,997,014$15,112,442$42,035,301
75$54,906,858$20,895,590$15,537,432$45,826,141
76$60,423,520$21,835,637$15,974,099$49,983,771
77$66,500,242$22,819,106$16,422,754$54,544,765
78$73,194,064$23,848,040$16,883,714$59,549,394
79$80,567,847$24,924,582$17,357,307$65,041,995
80$88,690,857$26,050,976$17,843,866$71,071,388
81$97,639,425$27,229,574$18,343,736$77,691,331
82$107,497,662$28,462,840$18,857,267$84,961,022
83$118,358,259$29,753,354$19,384,821$92,945,649
84$130,323,356$31,103,823$19,926,767$101,717,004
85$143,505,507$32,517,079$20,483,483$111,354,147
86$158,028,748$33,996,095$21,055,358$121,944,154
87$174,029,757$35,543,981$21,642,790$133,582,925
88$191,659,155$37,163,998$22,246,186$146,376,085
89$211,082,920$38,859,565$22,865,964$160,439,973
90$232,483,957$40,634,263$23,502,553$175,902,729
91$256,063,822$42,491,844$24,156,391$192,905,501
92$282,044,629$44,436,241$24,827,927$211,603,762
93$310,671,140$46,471,576$25,517,621$232,168,772
94$342,213,082$48,602,169$26,225,947$254,789,185
95$376,967,686$50,832,545$26,953,386$279,672,818
96$415,262,499$53,167,448$27,700,433$307,048,601
97$457,458,472$55,611,852$28,467,596$337,168,731
98$503,953,370$58,170,966$29,255,394$370,311,037
99$555,185,522$60,850,252$30,064,358$406,781,591
100$611,637,965$63,655,433$30,895,033$446,917,588