Can I retire at age 74 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%16.8%
1 years$751,469$744,776$738,245$731,871$725,647$705,530
2 years$372,015$365,086$358,371$351,861$345,546$325,429
3 years$245,546$238,588$231,890$225,441$219,229$199,741
4 years$182,324$175,387$168,757$162,417$156,356$137,647
5 years$144,401$137,506$130,962$124,752$118,859$100,981
6 years$119,127$112,284$105,837$99,765$94,049$77,019
7 years$101,082$94,296$87,951$82,023$76,487$60,304
8 years$87,554$80,829$74,589$68,807$63,453$48,110
9 years$77,037$70,376$64,244$58,608$53,437$38,918
10 years$68,629$62,033$56,009$50,521$45,531$31,817
11 years$61,754$55,224$49,310$43,968$39,158$26,228
12 years$56,029$49,566$43,761$38,566$33,934$21,763
13 years$51,189$44,794$39,098$34,048$29,591$18,153
14 years$47,043$40,716$35,129$30,224$25,939$15,207
15 years$43,454$37,195$31,717$26,954$22,839$12,784
16 years$40,316$34,126$28,756$24,135$20,185$10,778
17 years$37,551$31,428$26,167$21,685$17,897$9,109
18 years$35,095$29,041$23,887$19,542$15,914$7,713
19 years$32,901$26,915$21,867$17,658$14,184$6,543
20 years$30,928$25,011$20,069$15,993$12,670$5,557
21 years$29,146$23,297$18,459$14,515$11,338$4,726
22 years$27,527$21,747$17,013$13,197$10,163$4,023
23 years$26,052$20,339$15,709$12,019$9,123$3,428
24 years$24,702$19,056$14,528$10,962$8,200$2,923
25 years$23,461$17,884$13,456$10,011$7,378$2,493
26 years$22,318$16,808$12,480$9,154$6,646$2,128
27 years$21,261$15,818$11,588$8,379$5,992$1,818
28 years$20,282$14,905$10,773$7,677$5,407$1,553
29 years$19,372$14,061$10,025$7,040$4,882$1,327
30 years$18,524$13,279$9,338$6,461$4,411$1,134
31 years$17,732$12,553$8,706$5,933$3,988$970
32 years$16,991$11,878$8,122$5,453$3,608$829
33 years$16,297$11,249$7,584$5,015$3,265$709
34 years$15,645$10,661$7,086$4,614$2,956$607
35 years$15,031$10,112$6,625$4,247$2,677$519
36 years$14,453$9,598$6,197$3,912$2,426$444
37 years$13,907$9,116$5,801$3,604$2,199$380
38 years$13,392$8,663$5,432$3,322$1,993$325
39 years$12,904$8,238$5,089$3,063$1,808$278
40 years$12,441$7,838$4,770$2,825$1,640$238
41 years$12,002$7,461$4,473$2,607$1,487$204
42 years$11,586$7,105$4,196$2,406$1,350$175
43 years$11,189$6,770$3,937$2,221$1,225$149
44 years$10,812$6,453$3,696$2,050$1,112$128
45 years$10,453$6,154$3,470$1,894$1,009$109
46 years$10,110$5,870$3,259$1,749$916$94
47 years$9,783$5,602$3,062$1,616$832$80
48 years$9,470$5,348$2,877$1,493$756$69
49 years$9,171$5,107$2,705$1,380$686$59
50 years$8,885$4,878$2,543$1,276$623$50

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 74 starting with $9,100,000, adding $4,203 every year, while hoping to spend $35,540 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: 54/40/6 Blend
73$9,100,000$9,100,000$9,100,000$9,100,000
74$10,032,535$9,550,235$9,409,185$10,560,571
75$11,018,040$9,980,383$9,686,579$11,347,948
76$12,102,874$10,430,416$9,972,074$12,200,141
77$13,297,133$10,901,272$10,265,904$13,126,706
78$14,611,940$11,393,933$10,568,310$14,134,691
79$16,059,549$11,909,427$10,879,540$15,231,835
80$17,653,465$12,448,832$11,199,847$16,426,643
81$19,408,571$13,013,276$11,529,494$17,728,460
82$21,341,262$13,603,944$11,868,749$19,147,557
83$23,469,608$14,222,074$12,217,889$20,695,224
84$25,813,518$14,868,966$12,577,199$22,383,872
85$28,394,933$15,545,981$12,946,971$24,227,146
86$31,238,027$16,254,546$13,327,506$26,240,050
87$34,369,442$16,996,155$13,719,114$28,439,084
88$37,818,533$17,772,374$14,122,112$30,842,393
89$41,617,649$18,584,846$14,536,828$33,469,937
90$45,802,435$19,435,290$14,963,598$36,343,671
91$50,412,174$20,325,509$15,402,768$39,487,749
92$55,490,148$21,257,392$15,854,694$42,928,742
93$61,084,059$22,232,919$16,319,742$46,695,890
94$67,246,466$23,254,166$16,798,286$50,821,364
95$74,035,292$24,323,306$17,290,715$55,340,570
96$81,514,363$25,442,619$17,797,426$60,292,471
97$89,754,015$26,614,494$18,318,826$65,719,949
98$98,831,754$27,841,435$18,855,337$71,670,204
99$108,832,992$29,126,064$19,407,390$78,195,190
100$119,851,849$30,471,133$19,975,429$85,352,099