Can I retire at age 45 with 9,200,000?

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 $9,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$759,727$752,960$746,358$739,913$733,621$724,454
2 years$376,103$369,098$362,310$355,728$349,343$340,119
3 years$248,244$241,210$234,438$227,918$221,638$212,643
4 years$184,328$177,315$170,611$164,202$158,074$149,378
5 years$145,988$139,017$132,401$126,123$120,165$111,794
6 years$120,436$113,518$107,000$100,862$95,083$87,045
7 years$102,192$95,332$88,917$82,924$77,328$69,628
8 years$88,516$81,717$75,409$69,563$64,151$56,788
9 years$77,884$71,149$64,950$59,252$54,024$46,995
10 years$69,383$62,715$56,625$51,076$46,031$39,330
11 years$62,433$55,831$49,851$44,451$39,588$33,210
12 years$56,645$50,111$44,242$38,990$34,307$28,244
13 years$51,751$45,286$39,527$34,422$29,916$24,161
14 years$47,560$41,164$35,515$30,556$26,224$20,768
15 years$43,932$37,604$32,066$27,251$23,090$17,924
16 years$40,759$34,501$29,072$24,400$20,407$15,522
17 years$37,963$31,774$26,455$21,923$18,094$13,481
18 years$35,481$29,360$24,150$19,757$16,088$11,737
19 years$33,262$27,211$22,108$17,852$14,340$10,240
20 years$31,268$25,286$20,289$16,169$12,809$8,950
21 years$29,466$23,553$18,662$14,674$11,462$7,834
22 years$27,830$21,986$17,200$13,342$10,274$6,867
23 years$26,338$20,563$15,881$12,151$9,223$6,027
24 years$24,973$19,266$14,688$11,082$8,290$5,294
25 years$23,719$18,080$13,604$10,121$7,460$4,655
26 years$22,563$16,992$12,617$9,254$6,719$4,096
27 years$21,495$15,992$11,716$8,471$6,058$3,607
28 years$20,505$15,069$10,891$7,761$5,466$3,178
29 years$19,585$14,216$10,135$7,117$4,936$2,802
30 years$18,727$13,425$9,441$6,532$4,460$2,471
31 years$17,927$12,691$8,801$5,999$4,032$2,180
32 years$17,178$12,009$8,212$5,513$3,647$1,924
33 years$16,476$11,372$7,667$5,070$3,301$1,699
34 years$15,817$10,778$7,164$4,664$2,989$1,500
35 years$15,196$10,223$6,698$4,294$2,707$1,325
36 years$14,612$9,703$6,266$3,955$2,453$1,171
37 years$14,060$9,216$5,864$3,644$2,223$1,035
38 years$13,539$8,758$5,492$3,358$2,015$914
39 years$13,045$8,328$5,145$3,097$1,827$808
40 years$12,578$7,924$4,823$2,856$1,658$715
41 years$12,134$7,543$4,522$2,635$1,504$632
42 years$11,713$7,183$4,242$2,432$1,365$559
43 years$11,312$6,844$3,980$2,245$1,238$494
44 years$10,931$6,524$3,736$2,073$1,124$437
45 years$10,568$6,221$3,508$1,914$1,020$387
46 years$10,221$5,935$3,295$1,768$927$342
47 years$9,890$5,664$3,096$1,634$841$302
48 years$9,574$5,407$2,909$1,510$764$268
49 years$9,272$5,163$2,734$1,395$694$237
50 years$8,982$4,932$2,571$1,290$630$209

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $9,200,000, adding $4,353 every year, while hoping to spend $30,858 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: 40/32/28 Blend
44$9,200,000$9,200,000$9,200,000$9,200,000
45$10,142,890$9,655,290$9,512,690$10,464,560
46$11,144,632$10,095,567$9,798,533$11,139,095
47$12,247,518$10,556,383$10,092,917$11,865,191
48$13,461,831$11,038,712$10,396,095$12,650,173
49$14,798,904$11,543,574$10,708,331$13,499,454
50$16,271,223$12,072,040$11,029,890$14,418,975
51$17,892,547$12,625,230$11,361,052$15,415,258
52$19,678,039$13,204,319$11,702,099$16,495,464
53$21,644,406$13,810,537$12,053,326$17,667,453
54$23,810,057$14,445,175$12,415,034$18,939,863
55$26,195,279$15,109,584$12,787,534$20,322,179
56$28,822,426$15,805,183$13,171,145$21,824,824
57$31,716,132$16,533,455$13,566,197$23,459,249
58$34,903,541$17,295,958$13,973,028$25,238,040
59$38,414,565$18,094,324$14,391,988$27,175,033
60$42,282,167$18,930,261$14,823,435$29,285,433
61$46,542,666$19,805,563$15,267,739$31,585,960
62$51,236,090$20,722,107$15,725,280$34,094,999
63$56,406,545$21,681,864$16,196,450$36,832,765
64$62,102,634$22,686,896$16,681,653$39,821,494
65$68,377,916$23,739,368$17,181,302$43,085,639
66$75,291,413$24,841,546$17,695,824$46,652,103
67$82,908,163$25,995,808$18,225,661$50,550,480
68$91,299,838$27,204,645$18,771,263$54,813,330
69$100,545,418$28,470,669$19,333,097$59,476,479
70$110,731,936$29,796,617$19,911,641$64,579,348
71$121,955,302$31,185,360$20,507,390$70,165,323
72$134,321,206$32,639,906$21,120,850$76,282,146
73$147,946,116$34,163,408$21,752,545$82,982,368
74$162,958,376$35,759,172$22,403,012$90,323,828
75$179,499,423$37,430,664$23,072,806$98,370,195
76$197,725,115$39,181,516$23,762,495$107,191,556
77$217,807,204$41,015,539$24,472,666$116,865,067
78$239,934,962$42,936,723$25,203,924$127,475,675
79$264,316,961$44,949,255$25,956,888$139,116,904
80$291,183,045$47,057,523$26,732,198$151,891,726
81$320,786,502$49,266,128$27,530,513$165,913,526
82$353,406,449$51,579,891$28,352,508$181,307,154
83$389,350,471$54,003,871$29,198,882$198,210,092
84$428,957,526$56,543,367$30,070,352$216,773,740
85$472,601,140$59,203,938$30,967,654$237,164,828
86$520,692,935$61,991,411$31,891,550$259,566,976
87$573,686,518$64,911,893$32,842,820$284,182,408
88$632,081,757$67,971,790$33,822,269$311,233,852
89$696,429,506$71,177,818$34,830,725$340,966,617
90$767,336,801$74,537,017$35,869,040$373,650,895
91$845,472,592$78,056,768$36,938,090$409,584,290
92$931,574,058$81,744,811$38,038,777$449,094,610
93$1,026,453,566$85,609,261$39,172,031$492,542,940
94$1,131,006,341$89,658,626$40,338,805$540,327,028
95$1,246,218,917$93,901,827$41,540,083$592,885,017
96$1,373,178,447$98,348,217$42,776,877$650,699,557
97$1,513,082,974$103,007,605$44,050,228$714,302,339
98$1,667,252,732$107,890,273$45,361,205$784,279,084
99$1,837,142,618$113,007,003$46,710,913$861,275,050
100$2,024,355,920$118,369,101$48,100,484$946,001,089