Can I retire at age 45 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%19.3%
1 years$743,212$736,591$730,133$723,828$717,673$690,836
2 years$367,927$361,074$354,433$347,994$341,749$315,019
3 years$242,848$235,966$229,342$222,963$216,820$191,037
4 years$180,321$173,460$166,902$160,633$154,638$129,998
5 years$142,814$135,995$129,523$123,381$117,553$94,122
6 years$117,818$111,050$104,674$98,669$93,016$70,808
7 years$99,971$93,260$86,984$81,121$75,647$54,657
8 years$86,591$79,941$73,770$68,051$62,756$42,966
9 years$76,191$69,603$63,538$57,964$52,850$34,230
10 years$67,875$61,351$55,394$49,966$45,031$27,548
11 years$61,076$54,618$48,768$43,485$38,728$22,345
12 years$55,414$49,022$43,280$38,142$33,561$18,236
13 years$50,626$44,301$38,668$33,674$29,266$14,955
14 years$46,527$40,269$34,743$29,892$25,654$12,312
15 years$42,977$36,786$31,369$26,658$22,588$10,168
16 years$39,873$33,751$28,440$23,870$19,963$8,419
17 years$37,138$31,083$25,879$21,447$17,701$6,986
18 years$34,710$28,722$23,625$19,328$15,739$5,807
19 years$32,539$26,619$21,627$17,464$14,028$4,833
20 years$30,588$24,736$19,848$15,817$12,530$4,028
21 years$28,825$23,041$18,257$14,355$11,213$3,360
22 years$27,225$21,508$16,826$13,052$10,051$2,805
23 years$25,766$20,116$15,536$11,887$9,022$2,343
24 years$24,430$18,847$14,368$10,841$8,110$1,958
25 years$23,203$17,687$13,308$9,901$7,297$1,638
26 years$22,073$16,623$12,342$9,053$6,573$1,370
27 years$21,028$15,644$11,461$8,286$5,926$1,146
28 years$20,059$14,741$10,654$7,592$5,347$960
29 years$19,159$13,907$9,915$6,962$4,829$803
30 years$18,320$13,133$9,235$6,390$4,363$673
31 years$17,537$12,416$8,610$5,868$3,944$564
32 years$16,804$11,748$8,033$5,393$3,568$472
33 years$16,118$11,125$7,501$4,959$3,229$395
34 years$15,473$10,544$7,008$4,563$2,924$331
35 years$14,866$10,001$6,552$4,201$2,648$278
36 years$14,294$9,492$6,129$3,869$2,399$233
37 years$13,754$9,016$5,737$3,564$2,175$195
38 years$13,244$8,568$5,372$3,285$1,971$163
39 years$12,762$8,147$5,033$3,029$1,788$137
40 years$12,304$7,752$4,718$2,794$1,622$115
41 years$11,870$7,379$4,424$2,578$1,471$96
42 years$11,458$7,027$4,150$2,379$1,335$81
43 years$11,066$6,696$3,894$2,196$1,211$68
44 years$10,693$6,382$3,655$2,028$1,100$57
45 years$10,338$6,086$3,432$1,873$998$47
46 years$9,999$5,806$3,223$1,730$906$40
47 years$9,675$5,541$3,028$1,598$823$33
48 years$9,366$5,289$2,846$1,477$747$28
49 years$9,070$5,051$2,675$1,365$679$23
50 years$8,787$4,825$2,515$1,262$617$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $9,000,000, adding $4,467 every year, while hoping to spend $38,043 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: 81/6/13 Blend
44$9,000,000$9,000,000$9,000,000$9,000,000
45$9,922,608$9,445,608$9,306,108$10,701,532
46$10,894,236$9,867,965$9,577,385$11,635,912
47$11,963,696$10,309,743$9,856,475$12,655,950
48$13,140,925$10,771,853$10,143,599$13,774,549
49$14,436,875$11,255,249$10,438,985$15,001,573
50$15,863,613$11,760,932$10,742,867$16,347,889
51$17,434,434$12,289,951$11,055,486$17,825,464
52$19,163,990$12,843,403$11,377,089$19,447,477
53$21,068,425$13,422,437$11,707,930$21,228,447
54$23,165,529$14,028,261$12,048,269$23,184,363
55$25,474,902$14,662,135$12,398,376$25,332,837
56$28,018,147$15,325,384$12,758,526$27,693,273
57$30,819,063$16,019,394$13,129,002$30,287,039
58$33,903,880$16,745,616$13,510,096$33,137,680
59$37,301,498$17,505,574$13,902,106$36,271,128
60$41,043,765$18,300,861$14,305,341$39,715,954
61$45,165,775$19,133,149$14,720,116$43,503,631
62$49,706,199$20,004,188$15,146,755$47,668,831
63$54,707,652$20,915,815$15,585,592$52,249,755
64$60,217,094$21,869,951$16,036,971$57,288,485
65$66,286,270$22,868,611$16,501,242$62,831,386
66$72,972,204$23,913,907$16,978,768$68,929,540
67$80,337,732$25,008,052$17,469,920$75,639,225
68$88,452,098$26,153,364$17,975,080$83,022,447
69$97,391,607$27,352,274$18,494,640$91,147,524
70$107,240,345$28,607,328$19,029,004$100,089,725
71$118,090,969$29,921,196$19,578,584$109,931,984
72$130,045,588$31,296,676$20,143,807$120,765,678
73$143,216,723$32,736,697$20,725,110$132,691,489
74$157,728,368$34,244,335$21,322,940$145,820,351
75$173,717,162$35,822,808$21,937,759$160,274,494
76$191,333,678$37,475,491$22,570,040$176,188,601
77$210,743,847$39,205,924$23,220,270$193,711,072
78$232,130,518$41,017,812$23,888,947$213,005,422
79$255,695,189$42,915,044$24,576,585$234,251,828
80$281,659,909$44,901,691$25,283,712$257,648,820
81$310,269,370$46,982,025$26,010,866$283,415,160
82$341,793,221$49,160,519$26,758,606$311,791,896
83$376,528,610$51,441,866$27,527,500$343,044,642
84$414,802,993$53,830,981$28,318,135$377,466,079
85$456,977,219$56,333,020$29,131,114$415,378,716
86$503,448,942$58,953,385$29,967,053$457,137,928
87$554,656,373$61,697,739$30,826,587$503,135,313
88$611,082,414$64,572,020$31,710,369$553,802,383
89$673,259,220$67,582,449$32,619,067$609,614,630
90$741,773,222$70,735,551$33,553,368$671,096,018
91$817,270,662$74,038,164$34,513,977$738,823,921
92$900,463,693$77,497,457$35,501,618$813,434,569
93$992,137,103$81,120,946$36,517,035$895,629,054
94$1,093,155,723$84,916,507$37,560,991$986,179,941
95$1,204,472,592$88,892,402$38,634,270$1,085,938,556
96$1,327,137,954$93,057,287$39,737,676$1,195,843,021
97$1,462,309,171$97,420,240$40,872,034$1,316,927,105
98$1,611,261,652$101,990,777$42,038,192$1,450,329,974
99$1,775,400,890$106,778,874$43,237,021$1,597,306,947
100$1,956,275,732$111,794,990$44,469,412$1,759,241,334