Can I retire at age 59 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%12.3%
1 years$751,469$744,776$738,245$731,871$725,647$718,667
2 years$372,015$365,086$358,371$351,861$345,546$338,515
3 years$245,546$238,588$231,890$225,441$219,229$212,364
4 years$182,324$175,387$168,757$162,417$156,356$149,711
5 years$144,401$137,506$130,962$124,752$118,859$112,453
6 years$119,127$112,284$105,837$99,765$94,049$87,890
7 years$101,082$94,296$87,951$82,023$76,487$70,578
8 years$87,554$80,829$74,589$68,807$63,453$57,793
9 years$77,037$70,376$64,244$58,608$53,437$48,024
10 years$68,629$62,033$56,009$50,521$45,531$40,363
11 years$61,754$55,224$49,310$43,968$39,158$34,230
12 years$56,029$49,566$43,761$38,566$33,934$29,241
13 years$51,189$44,794$39,098$34,048$29,591$25,127
14 years$47,043$40,716$35,129$30,224$25,939$21,700
15 years$43,454$37,195$31,717$26,954$22,839$18,817
16 years$40,316$34,126$28,756$24,135$20,185$16,374
17 years$37,551$31,428$26,167$21,685$17,897$14,291
18 years$35,095$29,041$23,887$19,542$15,914$12,504
19 years$32,901$26,915$21,867$17,658$14,184$10,965
20 years$30,928$25,011$20,069$15,993$12,670$9,633
21 years$29,146$23,297$18,459$14,515$11,338$8,477
22 years$27,527$21,747$17,013$13,197$10,163$7,470
23 years$26,052$20,339$15,709$12,019$9,123$6,591
24 years$24,702$19,056$14,528$10,962$8,200$5,821
25 years$23,461$17,884$13,456$10,011$7,378$5,147
26 years$22,318$16,808$12,480$9,154$6,646$4,554
27 years$21,261$15,818$11,588$8,379$5,992$4,032
28 years$20,282$14,905$10,773$7,677$5,407$3,573
29 years$19,372$14,061$10,025$7,040$4,882$3,167
30 years$18,524$13,279$9,338$6,461$4,411$2,809
31 years$17,732$12,553$8,706$5,933$3,988$2,493
32 years$16,991$11,878$8,122$5,453$3,608$2,213
33 years$16,297$11,249$7,584$5,015$3,265$1,965
34 years$15,645$10,661$7,086$4,614$2,956$1,746
35 years$15,031$10,112$6,625$4,247$2,677$1,551
36 years$14,453$9,598$6,197$3,912$2,426$1,379
37 years$13,907$9,116$5,801$3,604$2,199$1,226
38 years$13,392$8,663$5,432$3,322$1,993$1,090
39 years$12,904$8,238$5,089$3,063$1,808$969
40 years$12,441$7,838$4,770$2,825$1,640$862
41 years$12,002$7,461$4,473$2,607$1,487$767
42 years$11,586$7,105$4,196$2,406$1,350$682
43 years$11,189$6,770$3,937$2,221$1,225$607
44 years$10,812$6,453$3,696$2,050$1,112$540
45 years$10,453$6,154$3,470$1,894$1,009$481
46 years$10,110$5,870$3,259$1,749$916$428
47 years$9,783$5,602$3,062$1,616$832$381
48 years$9,470$5,348$2,877$1,493$756$339
49 years$9,171$5,107$2,705$1,380$686$302
50 years$8,885$4,878$2,543$1,276$623$268

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $9,100,000, adding $4,326 every year, while hoping to spend $50,119 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: 83/8/9 Blend
58$9,100,000$9,100,000$9,100,000$9,100,000
59$10,032,662$9,550,362$9,409,312$10,852,740
60$11,002,668$9,965,004$9,671,198$11,804,414
61$12,069,934$10,398,283$9,940,177$12,842,133
62$13,244,328$10,851,060$10,216,434$13,980,157
63$14,536,724$11,324,236$10,500,159$15,228,523
64$15,959,100$11,818,754$10,791,545$16,598,285
65$17,524,657$12,335,602$11,090,790$18,101,620
66$19,247,939$12,875,814$11,398,099$19,751,936
67$21,144,973$13,440,473$11,713,679$21,564,002
68$23,233,417$14,030,713$12,037,745$23,554,086
69$25,532,730$14,647,722$12,370,513$25,740,104
70$28,064,352$15,292,743$12,712,209$28,141,794
71$30,851,909$15,967,081$13,063,061$30,780,895
72$33,921,434$16,672,098$13,423,303$33,681,356
73$37,301,613$17,409,224$13,793,177$36,869,557
74$41,024,056$18,179,955$14,172,928$40,374,560
75$45,123,596$18,985,859$14,562,807$44,228,379
76$49,638,614$19,828,577$14,963,072$48,466,282
77$54,611,405$20,709,829$15,373,987$53,127,123
78$60,088,574$21,631,417$15,795,822$58,253,708
79$66,121,480$22,595,227$16,228,852$63,893,196
80$72,766,713$23,603,236$16,673,361$70,097,540
81$80,086,637$24,657,513$17,129,638$76,923,983
82$88,149,971$25,760,229$17,597,978$84,435,590
83$97,032,442$26,913,654$18,078,684$92,701,844
84$106,817,497$28,120,169$18,572,066$101,799,299
85$117,597,091$29,382,267$19,078,440$111,812,302
86$129,472,557$30,702,560$19,598,130$122,833,788
87$142,555,558$32,083,786$20,131,468$134,966,151
88$156,969,144$33,528,811$20,678,791$148,322,213
89$172,848,913$35,040,639$21,240,447$163,026,284
90$190,344,290$36,622,417$21,816,789$179,215,335
91$209,619,935$38,277,444$22,408,180$197,040,285
92$230,857,303$40,009,173$23,014,988$216,667,427
93$254,256,351$41,821,225$23,637,593$238,279,994
94$280,037,427$43,717,394$24,276,381$262,079,885
95$308,443,351$45,701,653$24,931,746$288,289,567
96$339,741,706$47,778,167$25,604,093$317,154,175
97$374,227,363$49,951,299$26,293,832$348,943,821
98$412,225,264$52,225,624$27,001,387$383,956,141
99$454,093,493$54,605,932$27,727,185$422,519,101
100$500,226,651$57,097,244$28,471,667$464,994,090