Can I retire at age 80 with 9,900,000?

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:
Modify Bond Returns:
Modify Cash Returns:
Modify Inflation:
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 $9,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
1 years$817,533$810,251$803,146$796,211$789,440$762,340
2 years$404,719$397,182$389,877$382,794$375,924$348,897
3 years$267,133$259,563$252,276$245,260$238,501$212,397
4 years$198,353$190,806$183,592$176,696$170,101$145,118
5 years$157,096$149,594$142,475$135,719$129,308$105,513
6 years$129,600$122,155$115,141$108,536$102,317$79,728
7 years$109,968$102,586$95,683$89,233$83,211$61,825
8 years$95,251$87,935$81,147$74,856$69,032$48,831
9 years$83,810$76,563$69,892$63,760$58,135$39,094
10 years$74,662$67,487$60,933$54,962$49,534$31,623
11 years$67,183$60,079$53,644$47,833$42,601$25,783
12 years$60,955$53,924$47,608$41,956$36,917$21,154
13 years$55,689$48,731$42,535$37,041$32,192$17,443
14 years$51,179$44,296$38,218$32,881$28,219$14,441
15 years$47,274$40,465$34,505$29,324$24,847$11,995
16 years$43,861$37,126$31,284$26,257$21,960$9,990
17 years$40,852$34,191$28,467$23,591$19,471$8,338
18 years$38,180$31,594$25,987$21,261$17,313$6,972
19 years$35,793$29,281$23,790$19,211$15,431$5,838
20 years$33,647$27,210$21,833$17,399$13,783$4,895
21 years$31,708$25,345$20,082$15,791$12,335$4,109
22 years$29,947$23,658$18,509$14,357$11,056$3,452
23 years$28,342$22,127$17,090$13,076$9,925$2,902
24 years$26,873$20,732$15,805$11,926$8,920$2,441
25 years$25,524$19,456$14,639$10,891$8,027$2,054
26 years$24,280$18,285$13,577$9,958$7,231$1,730
27 years$23,131$17,209$12,607$9,115$6,519$1,457
28 years$22,065$16,216$11,720$8,351$5,882$1,227
29 years$21,075$15,297$10,906$7,658$5,311$1,034
30 years$20,152$14,447$10,159$7,029$4,799$872
31 years$19,291$13,657$9,471$6,455$4,339$735
32 years$18,485$12,922$8,836$5,932$3,925$620
33 years$17,729$12,238$8,251$5,455$3,552$523
34 years$17,020$11,599$7,709$5,019$3,216$441
35 years$16,352$11,001$7,207$4,621$2,913$372
36 years$15,723$10,442$6,742$4,255$2,639$314
37 years$15,130$9,917$6,311$3,921$2,392$265
38 years$14,569$9,425$5,910$3,614$2,169$223
39 years$14,038$8,962$5,537$3,332$1,966$188
40 years$13,535$8,527$5,190$3,074$1,784$159
41 years$13,058$8,117$4,866$2,836$1,618$134
42 years$12,604$7,730$4,565$2,617$1,468$113
43 years$12,173$7,365$4,283$2,416$1,333$95
44 years$11,763$7,020$4,021$2,231$1,210$81
45 years$11,372$6,695$3,775$2,060$1,098$68
46 years$10,999$6,386$3,546$1,903$997$57
47 years$10,643$6,095$3,331$1,758$905$48
48 years$10,302$5,818$3,130$1,624$822$41
49 years$9,977$5,556$2,942$1,501$747$34
50 years$9,666$5,307$2,766$1,388$678$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 80 starting with $9,900,000, adding $6,540 every year, while hoping to spend $50,806 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: 61/10/29 Blend