Can I retire at age 80 with 9,100,000?

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 $9,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$751,469$744,776$738,245$731,871$725,647$698,789
2 years$372,015$365,086$358,371$351,861$345,546$318,791
3 years$245,546$238,588$231,890$225,441$219,229$193,417
4 years$182,324$175,387$168,757$162,417$156,356$131,685
5 years$144,401$137,506$130,962$124,752$118,859$95,393
6 years$119,127$112,284$105,837$99,765$94,049$71,804
7 years$101,082$94,296$87,951$82,023$76,487$55,458
8 years$87,554$80,829$74,589$68,807$63,453$43,621
9 years$77,037$70,376$64,244$58,608$53,437$34,774
10 years$68,629$62,033$56,009$50,521$45,531$28,003
11 years$61,754$55,224$49,310$43,968$39,158$22,729
12 years$56,029$49,566$43,761$38,566$33,934$18,561
13 years$51,189$44,794$39,098$34,048$29,591$15,232
14 years$47,043$40,716$35,129$30,224$25,939$12,549
15 years$43,454$37,195$31,717$26,954$22,839$10,371
16 years$40,316$34,126$28,756$24,135$20,185$8,594
17 years$37,551$31,428$26,167$21,685$17,897$7,136
18 years$35,095$29,041$23,887$19,542$15,914$5,936
19 years$32,901$26,915$21,867$17,658$14,184$4,944
20 years$30,928$25,011$20,069$15,993$12,670$4,124
21 years$29,146$23,297$18,459$14,515$11,338$3,442
22 years$27,527$21,747$17,013$13,197$10,163$2,876
23 years$26,052$20,339$15,709$12,019$9,123$2,404
24 years$24,702$19,056$14,528$10,962$8,200$2,011
25 years$23,461$17,884$13,456$10,011$7,378$1,683
26 years$22,318$16,808$12,480$9,154$6,646$1,409
27 years$21,261$15,818$11,588$8,379$5,992$1,180
28 years$20,282$14,905$10,773$7,677$5,407$989
29 years$19,372$14,061$10,025$7,040$4,882$829
30 years$18,524$13,279$9,338$6,461$4,411$694
31 years$17,732$12,553$8,706$5,933$3,988$582
32 years$16,991$11,878$8,122$5,453$3,608$488
33 years$16,297$11,249$7,584$5,015$3,265$409
34 years$15,645$10,661$7,086$4,614$2,956$343
35 years$15,031$10,112$6,625$4,247$2,677$288
36 years$14,453$9,598$6,197$3,912$2,426$241
37 years$13,907$9,116$5,801$3,604$2,199$202
38 years$13,392$8,663$5,432$3,322$1,993$170
39 years$12,904$8,238$5,089$3,063$1,808$142
40 years$12,441$7,838$4,770$2,825$1,640$119
41 years$12,002$7,461$4,473$2,607$1,487$100
42 years$11,586$7,105$4,196$2,406$1,350$84
43 years$11,189$6,770$3,937$2,221$1,225$70
44 years$10,812$6,453$3,696$2,050$1,112$59
45 years$10,453$6,154$3,470$1,894$1,009$50
46 years$10,110$5,870$3,259$1,749$916$42
47 years$9,783$5,602$3,062$1,616$832$35
48 years$9,470$5,348$2,877$1,493$756$29
49 years$9,171$5,107$2,705$1,380$686$25
50 years$8,885$4,878$2,543$1,276$623$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 80 starting with $9,100,000, adding $5,361 every year, while hoping to spend $28,656 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: 76/13/11 Blend
79$9,100,000$9,100,000$9,100,000$9,100,000
80$10,033,730$9,551,430$9,410,380$10,775,313
81$11,026,681$9,988,960$9,695,138$11,702,122
82$12,119,952$10,446,969$9,988,475$12,713,649
83$13,323,746$10,926,430$10,290,648$13,821,674
84$14,649,305$11,428,362$10,601,922$15,035,782
85$16,109,018$11,953,835$10,922,569$16,366,524
86$17,716,533$12,503,969$11,252,871$17,825,518
87$19,486,894$13,079,937$11,593,117$19,425,554
88$21,436,675$13,682,972$11,943,604$21,180,717
89$23,584,140$14,314,362$12,304,639$23,106,513
90$25,949,415$14,975,459$12,676,537$25,220,020
91$28,554,679$15,667,680$13,059,625$27,540,041
92$31,424,371$16,392,510$13,454,236$30,087,286
93$34,585,420$17,151,506$13,860,716$32,884,561
94$38,067,502$17,946,300$14,279,420$35,956,983
95$41,903,319$18,778,601$14,710,713$39,332,215
96$46,128,908$19,650,202$15,154,971$43,040,725
97$50,783,977$20,562,982$15,612,583$47,116,072
98$55,912,285$21,518,911$16,083,948$51,595,218
99$61,562,054$22,520,053$16,569,475$56,518,878
100$67,786,420$23,568,573$17,069,590$61,931,899