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%15.2%
1 years$751,469$744,776$738,245$731,871$725,647$710,125
2 years$372,015$365,086$358,371$351,861$345,546$329,984
3 years$245,546$238,588$231,890$225,441$219,229$204,111
4 years$182,324$175,387$168,757$162,417$156,356$141,800
5 years$144,401$137,506$130,962$124,752$118,859$104,906
6 years$119,127$112,284$105,837$99,765$94,049$80,714
7 years$101,082$94,296$87,951$82,023$76,487$63,772
8 years$87,554$80,829$74,589$68,807$63,453$51,354
9 years$77,037$70,376$64,244$58,608$53,437$41,945
10 years$68,629$62,033$56,009$50,521$45,531$34,635
11 years$61,754$55,224$49,310$43,968$39,158$28,844
12 years$56,029$49,566$43,761$38,566$33,934$24,185
13 years$51,189$44,794$39,098$34,048$29,591$20,391
14 years$47,043$40,716$35,129$30,224$25,939$17,270
15 years$43,454$37,195$31,717$26,954$22,839$14,682
16 years$40,316$34,126$28,756$24,135$20,185$12,520
17 years$37,551$31,428$26,167$21,685$17,897$10,704
18 years$35,095$29,041$23,887$19,542$15,914$9,172
19 years$32,901$26,915$21,867$17,658$14,184$7,873
20 years$30,928$25,011$20,069$15,993$12,670$6,769
21 years$29,146$23,297$18,459$14,515$11,338$5,828
22 years$27,527$21,747$17,013$13,197$10,163$5,023
23 years$26,052$20,339$15,709$12,019$9,123$4,334
24 years$24,702$19,056$14,528$10,962$8,200$3,742
25 years$23,461$17,884$13,456$10,011$7,378$3,234
26 years$22,318$16,808$12,480$9,154$6,646$2,796
27 years$21,261$15,818$11,588$8,379$5,992$2,419
28 years$20,282$14,905$10,773$7,677$5,407$2,093
29 years$19,372$14,061$10,025$7,040$4,882$1,813
30 years$18,524$13,279$9,338$6,461$4,411$1,570
31 years$17,732$12,553$8,706$5,933$3,988$1,360
32 years$16,991$11,878$8,122$5,453$3,608$1,179
33 years$16,297$11,249$7,584$5,015$3,265$1,022
34 years$15,645$10,661$7,086$4,614$2,956$886
35 years$15,031$10,112$6,625$4,247$2,677$768
36 years$14,453$9,598$6,197$3,912$2,426$666
37 years$13,907$9,116$5,801$3,604$2,199$578
38 years$13,392$8,663$5,432$3,322$1,993$501
39 years$12,904$8,238$5,089$3,063$1,808$435
40 years$12,441$7,838$4,770$2,825$1,640$377
41 years$12,002$7,461$4,473$2,607$1,487$327
42 years$11,586$7,105$4,196$2,406$1,350$284
43 years$11,189$6,770$3,937$2,221$1,225$246
44 years$10,812$6,453$3,696$2,050$1,112$214
45 years$10,453$6,154$3,470$1,894$1,009$186
46 years$10,110$5,870$3,259$1,749$916$161
47 years$9,783$5,602$3,062$1,616$832$140
48 years$9,470$5,348$2,877$1,493$756$121
49 years$9,171$5,107$2,705$1,380$686$105
50 years$8,885$4,878$2,543$1,276$623$91

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 $4,859 every year, while hoping to spend $44,464 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: 62/23/15 Blend
58$9,100,000$9,100,000$9,100,000$9,100,000
59$10,033,212$9,550,912$9,409,862$10,617,806
60$11,009,290$9,971,597$9,677,783$11,431,896
61$12,083,438$10,411,406$9,953,189$12,314,723
62$13,265,612$10,871,228$10,236,284$13,277,382
63$14,566,782$11,351,996$10,527,277$14,327,625
64$15,999,036$11,854,686$10,826,383$15,473,981
65$17,575,693$12,380,320$11,133,822$16,725,831
66$19,311,428$12,929,971$11,449,820$18,093,495
67$21,222,414$13,504,759$11,774,609$19,588,329
68$23,326,468$14,105,861$12,108,426$21,222,828
69$25,643,226$14,734,506$12,451,517$23,010,743
70$28,194,323$15,391,985$12,804,131$24,967,205
71$31,003,600$16,079,648$13,166,525$27,108,870
72$34,097,327$16,798,911$13,538,964$29,454,068
73$37,504,453$17,551,255$13,921,717$32,022,979
74$41,256,874$18,338,234$14,315,062$34,837,814
75$45,389,742$19,161,475$14,719,283$37,923,025
76$49,941,790$20,022,681$15,134,673$41,305,534
77$54,955,699$20,923,639$15,561,531$45,014,979
78$60,478,502$21,866,218$16,000,163$49,083,995
79$66,562,026$22,852,380$16,450,886$53,548,514
80$73,263,383$23,884,177$16,914,021$58,448,102
81$80,645,508$24,963,761$17,389,901$63,826,330
82$88,777,751$26,093,387$17,878,863$69,731,177
83$97,736,534$27,275,416$18,381,258$76,215,483
84$107,606,072$28,512,323$18,897,442$83,337,438
85$118,479,166$29,806,701$19,427,781$91,161,130
86$130,458,080$31,161,268$19,972,650$99,757,145
87$143,655,505$32,578,871$20,532,435$109,203,225
88$158,195,625$34,062,494$21,107,530$119,584,998
89$174,215,285$35,615,263$21,698,339$130,996,780
90$191,865,287$37,240,454$22,305,277$143,542,460
91$211,311,812$38,941,502$22,928,768$157,336,472
92$232,737,984$40,722,002$23,569,249$172,504,871
93$256,345,605$42,585,727$24,227,166$189,186,517
94$282,357,056$44,536,627$24,902,975$207,534,372
95$311,017,398$46,578,844$25,597,147$227,716,943
96$342,596,682$48,716,717$26,310,161$249,919,864
97$377,392,501$50,954,794$27,042,509$274,347,635
98$415,732,799$53,297,842$27,794,696$301,225,549
99$457,978,966$55,750,857$28,567,239$330,801,807
100$504,529,245$58,319,074$29,360,667$363,349,852