Can I retire at age 65 with 9,100,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%16.4%
1 years$751,469$744,776$738,245$731,871$725,647$706,671
2 years$372,015$365,086$358,371$351,861$345,546$326,558
3 years$245,546$238,588$231,890$225,441$219,229$200,822
4 years$182,324$175,387$168,757$162,417$156,356$138,672
5 years$144,401$137,506$130,962$124,752$118,859$101,947
6 years$119,127$112,284$105,837$99,765$94,049$77,926
7 years$101,082$94,296$87,951$82,023$76,487$61,153
8 years$87,554$80,829$74,589$68,807$63,453$48,901
9 years$77,037$70,376$64,244$58,608$53,437$39,654
10 years$68,629$62,033$56,009$50,521$45,531$32,500
11 years$61,754$55,224$49,310$43,968$39,158$26,860
12 years$56,029$49,566$43,761$38,566$33,934$22,346
13 years$51,189$44,794$39,098$34,048$29,591$18,690
14 years$47,043$40,716$35,129$30,224$25,939$15,700
15 years$43,454$37,195$31,717$26,954$22,839$13,235
16 years$40,316$34,126$28,756$24,135$20,185$11,190
17 years$37,551$31,428$26,167$21,685$17,897$9,485
18 years$35,095$29,041$23,887$19,542$15,914$8,055
19 years$32,901$26,915$21,867$17,658$14,184$6,853
20 years$30,928$25,011$20,069$15,993$12,670$5,839
21 years$29,146$23,297$18,459$14,515$11,338$4,981
22 years$27,527$21,747$17,013$13,197$10,163$4,254
23 years$26,052$20,339$15,709$12,019$9,123$3,635
24 years$24,702$19,056$14,528$10,962$8,200$3,109
25 years$23,461$17,884$13,456$10,011$7,378$2,661
26 years$22,318$16,808$12,480$9,154$6,646$2,279
27 years$21,261$15,818$11,588$8,379$5,992$1,952
28 years$20,282$14,905$10,773$7,677$5,407$1,673
29 years$19,372$14,061$10,025$7,040$4,882$1,435
30 years$18,524$13,279$9,338$6,461$4,411$1,230
31 years$17,732$12,553$8,706$5,933$3,988$1,055
32 years$16,991$11,878$8,122$5,453$3,608$906
33 years$16,297$11,249$7,584$5,015$3,265$777
34 years$15,645$10,661$7,086$4,614$2,956$667
35 years$15,031$10,112$6,625$4,247$2,677$573
36 years$14,453$9,598$6,197$3,912$2,426$492
37 years$13,907$9,116$5,801$3,604$2,199$422
38 years$13,392$8,663$5,432$3,322$1,993$362
39 years$12,904$8,238$5,089$3,063$1,808$311
40 years$12,441$7,838$4,770$2,825$1,640$267
41 years$12,002$7,461$4,473$2,607$1,487$230
42 years$11,586$7,105$4,196$2,406$1,350$197
43 years$11,189$6,770$3,937$2,221$1,225$169
44 years$10,812$6,453$3,696$2,050$1,112$145
45 years$10,453$6,154$3,470$1,894$1,009$125
46 years$10,110$5,870$3,259$1,749$916$107
47 years$9,783$5,602$3,062$1,616$832$92
48 years$9,470$5,348$2,877$1,493$756$79
49 years$9,171$5,107$2,705$1,380$686$68
50 years$8,885$4,878$2,543$1,276$623$58

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $9,100,000, adding $5,324 every year, while hoping to spend $48,911 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: 56/38/6 Blend
64$9,100,000$9,100,000$9,100,000$9,100,000
65$10,033,692$9,551,392$9,410,342$10,582,476
66$11,005,087$9,967,369$9,673,547$11,368,555
67$12,073,926$10,402,090$9,943,931$12,218,339
68$13,250,095$10,856,421$10,221,681$13,142,637
69$14,544,490$11,331,270$10,506,992$14,148,546
70$15,969,113$11,827,588$10,800,062$15,243,865
71$17,537,193$12,346,370$11,101,094$16,437,166
72$19,263,302$12,888,657$11,410,296$17,737,871
73$21,163,499$13,455,542$11,727,882$19,156,340
74$23,255,480$14,048,168$12,054,070$20,703,961
75$25,558,743$14,667,732$12,389,085$22,393,258
76$28,094,770$15,315,487$12,733,155$24,238,004
77$30,887,238$15,992,746$13,086,517$26,253,347
78$33,962,231$16,700,886$13,449,410$28,455,947
79$37,348,495$17,441,346$13,822,082$30,864,135
80$41,077,705$18,215,635$14,204,785$33,498,075
81$45,184,763$19,025,334$14,597,778$36,379,951
82$49,708,132$19,872,097$15,001,325$39,534,176
83$54,690,191$20,757,660$15,415,700$42,987,612
84$60,177,643$21,683,838$15,841,178$46,769,821
85$66,221,950$22,652,533$16,278,045$50,913,338
86$72,879,821$23,665,740$16,726,592$55,453,972
87$80,213,747$24,725,545$17,187,117$60,431,138
88$88,292,590$25,834,137$17,659,926$65,888,224
89$97,192,231$26,993,807$18,145,330$71,872,990
90$106,996,290$28,206,955$18,643,650$78,438,017
91$117,796,912$29,476,096$19,155,213$85,641,192
92$129,695,638$30,803,866$19,680,354$93,546,250
93$142,804,363$32,193,025$20,219,415$102,223,366
94$157,246,390$33,646,466$20,772,748$111,749,807
95$173,157,598$35,167,218$21,340,711$122,210,657
96$190,687,719$36,758,458$21,923,671$133,699,608
97$210,001,756$38,423,512$22,522,004$146,319,836
98$231,281,537$40,165,867$23,136,093$160,184,965
99$254,727,433$41,989,174$23,766,332$175,420,128
100$280,560,249$43,897,261$24,413,121$192,163,139