Can I retire at age 45 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:
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 $9,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$817,533$810,251$803,146$796,211$789,440$778,929
2 years$404,719$397,182$389,877$382,794$375,924$365,352
3 years$267,133$259,563$252,276$245,260$238,501$228,196
4 years$198,353$190,806$183,592$176,696$170,101$160,142
5 years$157,096$149,594$142,475$135,719$129,308$119,724
6 years$129,600$122,155$115,141$108,536$102,317$93,119
7 years$109,968$102,586$95,683$89,233$83,211$74,403
8 years$95,251$87,935$81,147$74,856$69,032$60,613
9 years$83,810$76,563$69,892$63,760$58,135$50,101
10 years$74,662$67,487$60,933$54,962$49,534$41,879
11 years$67,183$60,079$53,644$47,833$42,601$35,318
12 years$60,955$53,924$47,608$41,956$36,917$29,998
13 years$55,689$48,731$42,535$37,041$32,192$25,628
14 years$51,179$44,296$38,218$32,881$28,219$22,000
15 years$47,274$40,465$34,505$29,324$24,847$18,962
16 years$43,861$37,126$31,284$26,257$21,960$16,398
17 years$40,852$34,191$28,467$23,591$19,471$14,222
18 years$38,180$31,594$25,987$21,261$17,313$12,364
19 years$35,793$29,281$23,790$19,211$15,431$10,771
20 years$33,647$27,210$21,833$17,399$13,783$9,400
21 years$31,708$25,345$20,082$15,791$12,335$8,216
22 years$29,947$23,658$18,509$14,357$11,056$7,191
23 years$28,342$22,127$17,090$13,076$9,925$6,301
24 years$26,873$20,732$15,805$11,926$8,920$5,527
25 years$25,524$19,456$14,639$10,891$8,027$4,852
26 years$24,280$18,285$13,577$9,958$7,231$4,263
27 years$23,131$17,209$12,607$9,115$6,519$3,748
28 years$22,065$16,216$11,720$8,351$5,882$3,297
29 years$21,075$15,297$10,906$7,658$5,311$2,901
30 years$20,152$14,447$10,159$7,029$4,799$2,555
31 years$19,291$13,657$9,471$6,455$4,339$2,250
32 years$18,485$12,922$8,836$5,932$3,925$1,983
33 years$17,729$12,238$8,251$5,455$3,552$1,748
34 years$17,020$11,599$7,709$5,019$3,216$1,541
35 years$16,352$11,001$7,207$4,621$2,913$1,359
36 years$15,723$10,442$6,742$4,255$2,639$1,198
37 years$15,130$9,917$6,311$3,921$2,392$1,057
38 years$14,569$9,425$5,910$3,614$2,169$933
39 years$14,038$8,962$5,537$3,332$1,966$823
40 years$13,535$8,527$5,190$3,074$1,784$727
41 years$13,058$8,117$4,866$2,836$1,618$641
42 years$12,604$7,730$4,565$2,617$1,468$566
43 years$12,173$7,365$4,283$2,416$1,333$500
44 years$11,763$7,020$4,021$2,231$1,210$441
45 years$11,372$6,695$3,775$2,060$1,098$390
46 years$10,999$6,386$3,546$1,903$997$344
47 years$10,643$6,095$3,331$1,758$905$304
48 years$10,302$5,818$3,130$1,624$822$268
49 years$9,977$5,556$2,942$1,501$747$237
50 years$9,666$5,307$2,766$1,388$678$209

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $9,900,000, adding $3,330 every year, while hoping to spend $34,069 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: 60/12/28 Blend
44$9,900,000$9,900,000$9,900,000$9,900,000
45$10,913,235$10,388,535$10,235,085$11,485,106
46$11,990,136$10,861,324$10,541,711$12,348,433
47$13,175,739$11,356,138$10,857,467$13,286,102
48$14,481,095$11,874,020$11,182,624$14,308,578
49$15,918,383$12,416,063$11,517,458$15,424,133
50$17,501,021$12,983,413$11,862,256$16,641,865
51$19,243,796$13,577,271$12,217,312$17,971,787
52$21,163,000$14,198,894$12,582,929$19,424,919
53$23,276,588$14,849,602$12,959,419$21,013,388
54$25,604,342$15,530,775$13,347,102$22,750,542
55$28,168,065$16,243,863$13,746,309$24,651,073
56$30,991,778$16,990,382$14,157,381$26,731,155
57$34,101,952$17,771,924$14,580,666$29,008,592
58$37,527,758$18,590,155$15,016,525$31,502,986
59$41,301,339$19,446,823$15,465,329$34,235,917
60$45,458,117$20,343,758$15,927,459$37,231,146
61$50,037,124$21,282,881$16,403,308$40,514,838
62$55,081,371$22,266,203$16,893,279$44,115,802
63$60,638,256$23,295,832$17,397,789$48,065,762
64$66,760,009$24,373,978$17,917,265$52,399,656
65$73,504,184$25,502,957$18,452,148$57,155,958
66$80,934,208$26,685,199$19,002,892$62,377,041
67$89,119,970$27,923,247$19,569,962$68,109,574
68$98,138,490$29,219,769$20,153,839$74,404,956
69$108,074,640$30,577,562$20,755,017$81,319,799
70$119,021,947$31,999,556$21,374,003$88,916,459
71$131,083,476$33,488,825$22,011,323$97,263,623
72$144,372,802$35,048,588$22,667,513$106,436,945
73$159,015,081$36,682,222$23,343,128$116,519,767
74$175,148,235$38,393,267$24,038,738$127,603,892
75$192,924,249$40,185,431$24,754,930$139,790,450
76$212,510,610$42,062,605$25,492,308$153,190,847
77$234,091,884$44,028,864$26,251,492$167,927,813
78$257,871,462$46,088,484$27,033,123$184,136,552
79$284,073,476$48,245,945$27,837,858$201,966,014
80$312,944,919$50,505,944$28,666,374$221,580,300
81$344,757,970$52,873,406$29,519,367$243,160,195
82$379,812,572$55,353,492$30,397,555$266,904,880
83$418,439,257$57,951,615$31,301,675$293,033,796
84$461,002,265$60,673,448$32,232,486$321,788,715
85$507,902,990$63,524,941$33,190,768$353,436,012
86$559,583,762$66,512,330$34,177,325$388,269,173
87$616,532,024$69,642,152$35,192,984$426,611,559
88$679,284,937$72,921,264$36,238,595$468,819,450
89$748,434,446$76,356,852$37,315,034$515,285,398
90$824,632,872$79,956,450$38,423,200$566,441,927
91$908,599,067$83,727,959$39,564,020$622,765,606
92$1,001,125,205$87,679,662$40,738,448$684,781,536
93$1,103,084,253$91,820,242$41,947,463$753,068,304
94$1,215,438,219$96,158,806$43,192,075$828,263,426
95$1,339,247,230$100,704,900$44,473,322$911,069,360
96$1,475,679,541$105,468,534$45,792,271$1,002,260,126
97$1,626,022,563$110,460,201$47,150,022$1,102,688,602
98$1,791,695,021$115,690,908$48,547,704$1,213,294,558
99$1,974,260,342$121,172,190$49,986,481$1,335,113,523
100$2,175,441,417$126,916,148$51,467,548$1,469,286,542