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%16.7%
1 years$743,212$736,591$730,133$723,828$717,673$698,059
2 years$367,927$361,074$354,433$347,994$341,749$322,131
3 years$242,848$235,966$229,342$222,963$216,820$197,813
4 years$180,321$173,460$166,902$160,633$154,638$136,387
5 years$142,814$135,995$129,523$123,381$117,553$100,109
6 years$117,818$111,050$104,674$98,669$93,016$76,395
7 years$99,971$93,260$86,984$81,121$75,647$59,850
8 years$86,591$79,941$73,770$68,051$62,756$47,776
9 years$76,191$69,603$63,538$57,964$52,850$38,671
10 years$67,875$61,351$55,394$49,966$45,031$31,635
11 years$61,076$54,618$48,768$43,485$38,728$26,095
12 years$55,414$49,022$43,280$38,142$33,561$21,667
13 years$50,626$44,301$38,668$33,674$29,266$18,085
14 years$46,527$40,269$34,743$29,892$25,654$15,160
15 years$42,977$36,786$31,369$26,658$22,588$12,754
16 years$39,873$33,751$28,440$23,870$19,963$10,760
17 years$37,138$31,083$25,879$21,447$17,701$9,100
18 years$34,710$28,722$23,625$19,328$15,739$7,712
19 years$32,539$26,619$21,627$17,464$14,028$6,546
20 years$30,588$24,736$19,848$15,817$12,530$5,565
21 years$28,825$23,041$18,257$14,355$11,213$4,736
22 years$27,225$21,508$16,826$13,052$10,051$4,035
23 years$25,766$20,116$15,536$11,887$9,022$3,440
24 years$24,430$18,847$14,368$10,841$8,110$2,936
25 years$23,203$17,687$13,308$9,901$7,297$2,507
26 years$22,073$16,623$12,342$9,053$6,573$2,141
27 years$21,028$15,644$11,461$8,286$5,926$1,830
28 years$20,059$14,741$10,654$7,592$5,347$1,565
29 years$19,159$13,907$9,915$6,962$4,829$1,338
30 years$18,320$13,133$9,235$6,390$4,363$1,145
31 years$17,537$12,416$8,610$5,868$3,944$980
32 years$16,804$11,748$8,033$5,393$3,568$838
33 years$16,118$11,125$7,501$4,959$3,229$718
34 years$15,473$10,544$7,008$4,563$2,924$614
35 years$14,866$10,001$6,552$4,201$2,648$526
36 years$14,294$9,492$6,129$3,869$2,399$451
37 years$13,754$9,016$5,737$3,564$2,175$386
38 years$13,244$8,568$5,372$3,285$1,971$330
39 years$12,762$8,147$5,033$3,029$1,788$283
40 years$12,304$7,752$4,718$2,794$1,622$242
41 years$11,870$7,379$4,424$2,578$1,471$208
42 years$11,458$7,027$4,150$2,379$1,335$178
43 years$11,066$6,696$3,894$2,196$1,211$152
44 years$10,693$6,382$3,655$2,028$1,100$131
45 years$10,338$6,086$3,432$1,873$998$112
46 years$9,999$5,806$3,223$1,730$906$96
47 years$9,675$5,541$3,028$1,598$823$82
48 years$9,366$5,289$2,846$1,477$747$70
49 years$9,070$5,051$2,675$1,365$679$60
50 years$8,787$4,825$2,515$1,262$617$52

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 $4,242 every year, while hoping to spend $44,873 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: 66/20/14 Blend
72$9,000,000$9,000,000$9,000,000$9,000,000
73$9,922,376$9,445,376$9,305,876$10,544,491
74$10,886,713$9,860,455$9,569,878$11,375,419
75$11,947,910$10,294,368$9,841,220$12,277,667
76$13,115,797$10,747,993$10,120,101$13,262,743
77$14,401,208$11,222,244$10,406,725$14,338,749
78$15,816,081$11,718,084$10,701,300$15,514,599
79$17,373,568$12,236,516$11,004,040$16,800,100
80$19,088,162$12,778,596$11,315,166$18,206,048
81$20,975,834$13,345,427$11,634,903$19,744,321
82$23,054,179$13,938,163$11,963,483$21,427,994
83$25,342,588$14,558,016$12,301,142$23,271,459
84$27,862,427$15,206,253$12,648,125$25,290,556
85$30,637,239$15,884,204$13,004,681$27,502,724
86$33,692,965$16,593,258$13,371,067$29,927,160
87$37,058,194$17,334,874$13,747,544$32,585,000
88$40,764,426$18,110,579$14,134,382$35,499,515
89$44,846,371$18,921,971$14,531,858$38,696,327
90$49,342,281$19,770,727$14,940,255$42,203,647
91$54,294,302$20,658,602$15,359,862$46,052,543
92$59,748,882$21,587,434$15,790,978$50,277,223
93$65,757,200$22,559,151$16,233,909$54,915,362
94$72,375,656$23,575,771$16,688,966$60,008,448
95$79,666,398$24,639,408$17,156,471$65,602,174
96$87,697,911$25,752,280$17,636,753$71,746,862
97$96,545,662$26,916,706$18,130,149$78,497,939
98$106,292,816$28,135,120$18,637,005$85,916,449
99$117,031,013$29,410,071$19,157,674$94,069,634
100$128,861,240$30,744,228$19,692,520$103,031,555