Can I retire at age 67 with 9,000,000?

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 $9,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$743,212$736,591$730,133$723,828$717,673$704,624
2 years$367,927$361,074$354,433$347,994$341,749$328,649
3 years$242,848$235,966$229,342$222,963$216,820$204,077
4 years$180,321$173,460$166,902$160,633$154,638$142,350
5 years$142,814$135,995$129,523$123,381$117,553$105,756
6 years$117,818$111,050$104,674$98,669$93,016$81,723
7 years$99,971$93,260$86,984$81,121$75,647$64,860
8 years$86,591$79,941$73,770$68,051$62,756$52,474
9 years$76,191$69,603$63,538$57,964$52,850$43,065
10 years$67,875$61,351$55,394$49,966$45,031$35,735
11 years$61,076$54,618$48,768$43,485$38,728$29,911
12 years$55,414$49,022$43,280$38,142$33,561$25,211
13 years$50,626$44,301$38,668$33,674$29,266$21,369
14 years$46,527$40,269$34,743$29,892$25,654$18,197
15 years$42,977$36,786$31,369$26,658$22,588$15,555
16 years$39,873$33,751$28,440$23,870$19,963$13,340
17 years$37,138$31,083$25,879$21,447$17,701$11,471
18 years$34,710$28,722$23,625$19,328$15,739$9,886
19 years$32,539$26,619$21,627$17,464$14,028$8,537
20 years$30,588$24,736$19,848$15,817$12,530$7,384
21 years$28,825$23,041$18,257$14,355$11,213$6,396
22 years$27,225$21,508$16,826$13,052$10,051$5,547
23 years$25,766$20,116$15,536$11,887$9,022$4,816
24 years$24,430$18,847$14,368$10,841$8,110$4,185
25 years$23,203$17,687$13,308$9,901$7,297$3,639
26 years$22,073$16,623$12,342$9,053$6,573$3,167
27 years$21,028$15,644$11,461$8,286$5,926$2,757
28 years$20,059$14,741$10,654$7,592$5,347$2,402
29 years$19,159$13,907$9,915$6,962$4,829$2,093
30 years$18,320$13,133$9,235$6,390$4,363$1,825
31 years$17,537$12,416$8,610$5,868$3,944$1,592
32 years$16,804$11,748$8,033$5,393$3,568$1,389
33 years$16,118$11,125$7,501$4,959$3,229$1,212
34 years$15,473$10,544$7,008$4,563$2,924$1,058
35 years$14,866$10,001$6,552$4,201$2,648$923
36 years$14,294$9,492$6,129$3,869$2,399$806
37 years$13,754$9,016$5,737$3,564$2,175$704
38 years$13,244$8,568$5,372$3,285$1,971$615
39 years$12,762$8,147$5,033$3,029$1,788$537
40 years$12,304$7,752$4,718$2,794$1,622$469
41 years$11,870$7,379$4,424$2,578$1,471$410
42 years$11,458$7,027$4,150$2,379$1,335$358
43 years$11,066$6,696$3,894$2,196$1,211$313
44 years$10,693$6,382$3,655$2,028$1,100$273
45 years$10,338$6,086$3,432$1,873$998$239
46 years$9,999$5,806$3,223$1,730$906$209
47 years$9,675$5,541$3,028$1,598$823$182
48 years$9,366$5,289$2,846$1,477$747$159
49 years$9,070$5,051$2,675$1,365$679$139
50 years$8,787$4,825$2,515$1,262$617$122

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $9,000,000, adding $2,074 every year, while hoping to spend $31,917 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: 73/17/10 Blend
66$9,000,000$9,000,000$9,000,000$9,000,000
67$9,920,139$9,443,139$9,303,639$10,625,697
68$10,898,034$9,871,894$9,581,352$11,520,645
69$11,974,604$10,320,587$9,867,298$12,496,363
70$13,159,881$10,790,164$10,161,720$13,564,134
71$14,464,919$11,281,611$10,464,867$14,733,053
72$15,901,896$11,795,965$10,776,995$16,013,127
73$17,484,233$12,334,311$11,098,368$17,415,376
74$19,226,720$12,897,788$11,429,259$18,951,927
75$21,145,652$13,487,586$11,769,946$20,636,131
76$23,258,986$14,104,955$12,120,716$22,482,685
77$25,586,509$14,751,204$12,481,867$24,507,773
78$28,150,025$15,427,706$12,853,702$26,729,211
79$30,973,561$16,135,897$13,236,534$29,166,616
80$34,083,594$16,877,285$13,630,687$31,841,590
81$37,509,297$17,653,449$14,036,492$34,777,918
82$41,282,821$18,466,044$14,454,291$38,001,795
83$45,439,594$19,316,805$14,884,434$41,542,066
84$50,018,654$20,207,549$15,327,284$45,430,498
85$55,063,021$21,140,184$15,783,212$49,702,078
86$60,620,101$22,116,704$16,252,602$54,395,337
87$66,742,134$23,139,205$16,735,846$59,552,714
88$73,486,685$24,209,881$17,233,351$65,220,953
89$80,917,192$25,331,030$17,745,534$71,451,539
90$89,103,559$26,505,063$18,272,822$78,301,181
91$98,122,819$27,734,508$18,815,659$85,832,346
92$108,059,860$29,022,013$19,374,497$94,113,843
93$119,008,228$30,370,354$19,949,805$103,221,468
94$131,071,007$31,782,440$20,542,062$113,238,719
95$144,361,793$33,261,323$21,151,765$124,257,573
96$159,005,767$34,810,200$21,779,421$136,379,357
97$175,140,878$36,432,423$22,425,554$149,715,697
98$192,919,141$38,131,505$23,090,703$164,389,565
99$212,508,074$39,911,129$23,775,423$180,536,438
100$234,092,281$41,775,158$24,480,282$198,305,569