Can I retire at age 73 with 9,000,000?

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 $9,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$743,212$736,591$730,133$723,828$717,673$690,289
2 years$367,927$361,074$354,433$347,994$341,749$314,482
3 years$242,848$235,966$229,342$222,963$216,820$190,528
4 years$180,321$173,460$166,902$160,633$154,638$129,522
5 years$142,814$135,995$129,523$123,381$117,553$93,678
6 years$117,818$111,050$104,674$98,669$93,016$70,397
7 years$99,971$93,260$86,984$81,121$75,647$54,277
8 years$86,591$79,941$73,770$68,051$62,756$42,616
9 years$76,191$69,603$63,538$57,964$52,850$33,910
10 years$67,875$61,351$55,394$49,966$45,031$27,256
11 years$61,076$54,618$48,768$43,485$38,728$22,079
12 years$55,414$49,022$43,280$38,142$33,561$17,995
13 years$50,626$44,301$38,668$33,674$29,266$14,737
14 years$46,527$40,269$34,743$29,892$25,654$12,116
15 years$42,977$36,786$31,369$26,658$22,588$9,992
16 years$39,873$33,751$28,440$23,870$19,963$8,261
17 years$37,138$31,083$25,879$21,447$17,701$6,845
18 years$34,710$28,722$23,625$19,328$15,739$5,681
19 years$32,539$26,619$21,627$17,464$14,028$4,721
20 years$30,588$24,736$19,848$15,817$12,530$3,928
21 years$28,825$23,041$18,257$14,355$11,213$3,272
22 years$27,225$21,508$16,826$13,052$10,051$2,727
23 years$25,766$20,116$15,536$11,887$9,022$2,274
24 years$24,430$18,847$14,368$10,841$8,110$1,898
25 years$23,203$17,687$13,308$9,901$7,297$1,585
26 years$22,073$16,623$12,342$9,053$6,573$1,324
27 years$21,028$15,644$11,461$8,286$5,926$1,106
28 years$20,059$14,741$10,654$7,592$5,347$924
29 years$19,159$13,907$9,915$6,962$4,829$772
30 years$18,320$13,133$9,235$6,390$4,363$646
31 years$17,537$12,416$8,610$5,868$3,944$540
32 years$16,804$11,748$8,033$5,393$3,568$452
33 years$16,118$11,125$7,501$4,959$3,229$378
34 years$15,473$10,544$7,008$4,563$2,924$316
35 years$14,866$10,001$6,552$4,201$2,648$264
36 years$14,294$9,492$6,129$3,869$2,399$221
37 years$13,754$9,016$5,737$3,564$2,175$185
38 years$13,244$8,568$5,372$3,285$1,971$155
39 years$12,762$8,147$5,033$3,029$1,788$129
40 years$12,304$7,752$4,718$2,794$1,622$108
41 years$11,870$7,379$4,424$2,578$1,471$91
42 years$11,458$7,027$4,150$2,379$1,335$76
43 years$11,066$6,696$3,894$2,196$1,211$63
44 years$10,693$6,382$3,655$2,028$1,100$53
45 years$10,338$6,086$3,432$1,873$998$44
46 years$9,999$5,806$3,223$1,730$906$37
47 years$9,675$5,541$3,028$1,598$823$31
48 years$9,366$5,289$2,846$1,477$747$26
49 years$9,070$5,051$2,675$1,365$679$22
50 years$8,787$4,825$2,515$1,262$617$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $9,000,000, adding $2,047 every year, while hoping to spend $40,256 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: 51/36/13 Blend
72$9,000,000$9,000,000$9,000,000$9,000,000
73$9,920,111$9,443,111$9,303,611$10,391,228
74$10,889,131$9,862,992$9,572,450$11,133,846
75$11,955,641$10,302,097$9,848,946$11,936,318
76$13,129,543$10,761,327$10,133,313$12,807,808
77$14,421,748$11,241,623$10,425,770$13,754,831
78$15,844,277$11,743,974$10,726,544$14,784,549
79$17,410,377$12,269,412$11,035,867$15,904,826
80$19,134,643$12,819,021$11,353,976$17,124,309
81$21,033,159$13,393,935$11,681,117$18,452,497
82$23,123,647$13,995,344$12,017,541$19,899,834
83$25,425,636$14,624,493$12,363,505$21,477,800
84$27,960,645$15,282,687$12,719,276$23,199,017
85$30,752,384$15,971,292$13,085,126$25,077,365
86$33,826,983$16,691,741$13,461,333$27,128,107
87$37,213,234$17,445,535$13,848,186$29,368,031
88$40,942,863$18,234,245$14,245,980$31,815,601
89$45,050,832$19,059,520$14,655,016$34,491,128
90$49,575,664$19,923,084$15,075,607$37,416,959
91$54,559,814$20,826,747$15,508,072$40,617,678
92$60,050,061$21,772,404$15,952,738$44,120,336
93$66,097,955$22,762,040$16,409,943$47,954,702
94$72,760,302$23,797,735$16,880,032$52,153,534
95$80,099,700$24,881,672$17,363,360$56,752,883
96$88,185,129$26,016,133$17,860,292$61,792,430
97$97,092,602$27,203,513$18,371,202$67,315,852
98$106,905,884$28,446,322$18,896,474$73,371,223
99$117,717,281$29,747,188$19,436,502$80,011,469
100$129,628,510$31,108,867$19,991,691$87,294,852