Can I retire at age 53 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%18.7%
1 years$751,469$744,776$738,245$731,871$725,647$700,179
2 years$372,015$365,086$358,371$351,861$345,546$320,155
3 years$245,546$238,588$231,890$225,441$219,229$194,712
4 years$182,324$175,387$168,757$162,417$156,356$132,901
5 years$144,401$137,506$130,962$124,752$118,859$96,528
6 years$119,127$112,284$105,837$99,765$94,049$72,859
7 years$101,082$94,296$87,951$82,023$76,487$56,434
8 years$87,554$80,829$74,589$68,807$63,453$44,520
9 years$77,037$70,376$64,244$58,608$53,437$35,599
10 years$68,629$62,033$56,009$50,521$45,531$28,759
11 years$61,754$55,224$49,310$43,968$39,158$23,418
12 years$56,029$49,566$43,761$38,566$33,934$19,188
13 years$51,189$44,794$39,098$34,048$29,591$15,801
14 years$47,043$40,716$35,129$30,224$25,939$13,063
15 years$43,454$37,195$31,717$26,954$22,839$10,835
16 years$40,316$34,126$28,756$24,135$20,185$9,010
17 years$37,551$31,428$26,167$21,685$17,897$7,509
18 years$35,095$29,041$23,887$19,542$15,914$6,270
19 years$32,901$26,915$21,867$17,658$14,184$5,242
20 years$30,928$25,011$20,069$15,993$12,670$4,389
21 years$29,146$23,297$18,459$14,515$11,338$3,678
22 years$27,527$21,747$17,013$13,197$10,163$3,085
23 years$26,052$20,339$15,709$12,019$9,123$2,589
24 years$24,702$19,056$14,528$10,962$8,200$2,175
25 years$23,461$17,884$13,456$10,011$7,378$1,827
26 years$22,318$16,808$12,480$9,154$6,646$1,536
27 years$21,261$15,818$11,588$8,379$5,992$1,292
28 years$20,282$14,905$10,773$7,677$5,407$1,086
29 years$19,372$14,061$10,025$7,040$4,882$914
30 years$18,524$13,279$9,338$6,461$4,411$769
31 years$17,732$12,553$8,706$5,933$3,988$647
32 years$16,991$11,878$8,122$5,453$3,608$545
33 years$16,297$11,249$7,584$5,015$3,265$459
34 years$15,645$10,661$7,086$4,614$2,956$386
35 years$15,031$10,112$6,625$4,247$2,677$325
36 years$14,453$9,598$6,197$3,912$2,426$274
37 years$13,907$9,116$5,801$3,604$2,199$231
38 years$13,392$8,663$5,432$3,322$1,993$194
39 years$12,904$8,238$5,089$3,063$1,808$164
40 years$12,441$7,838$4,770$2,825$1,640$138
41 years$12,002$7,461$4,473$2,607$1,487$116
42 years$11,586$7,105$4,196$2,406$1,350$98
43 years$11,189$6,770$3,937$2,221$1,225$82
44 years$10,812$6,453$3,696$2,050$1,112$69
45 years$10,453$6,154$3,470$1,894$1,009$58
46 years$10,110$5,870$3,259$1,749$916$49
47 years$9,783$5,602$3,062$1,616$832$41
48 years$9,470$5,348$2,877$1,493$756$35
49 years$9,171$5,107$2,705$1,380$686$29
50 years$8,885$4,878$2,543$1,276$623$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $9,100,000, adding $3,047 every year, while hoping to spend $49,928 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: 58/16/26 Blend
52$9,100,000$9,100,000$9,100,000$9,100,000
53$10,031,343$9,549,043$9,407,993$10,542,128
54$11,001,417$9,963,823$9,670,038$11,306,452
55$12,068,765$10,397,254$9,939,188$12,133,855
56$13,243,257$10,850,197$10,215,628$13,034,978
57$14,535,766$11,323,554$10,499,549$14,016,973
58$15,958,275$11,818,268$10,791,144$15,087,710
59$17,523,985$12,335,330$11,090,613$16,255,847
60$19,247,443$12,875,773$11,398,161$17,530,910
61$21,144,679$13,440,682$11,713,996$18,923,382
62$23,233,354$14,031,193$12,038,332$20,444,800
63$25,532,928$14,648,494$12,371,389$22,107,863
64$28,064,848$15,293,831$12,713,391$23,926,544
65$30,852,741$15,968,507$13,064,568$25,916,229
66$33,922,645$16,673,889$13,425,156$28,093,853
67$37,303,252$17,411,407$13,795,396$30,478,057
68$41,026,177$18,182,559$14,175,535$33,089,369
69$45,126,257$18,988,914$14,565,825$35,950,385
70$49,641,880$19,832,116$14,966,525$39,085,987
71$54,615,348$20,713,886$15,377,900$42,523,574
72$60,093,275$21,636,028$15,800,221$46,293,315
73$66,127,026$22,600,430$16,233,766$50,428,431
74$72,773,203$23,609,071$16,678,817$54,965,510
75$80,094,178$24,664,025$17,135,666$59,944,844
76$88,158,684$25,767,461$17,604,610$65,410,807
77$97,042,458$26,921,655$18,085,953$71,412,272
78$106,828,962$28,128,990$18,580,007$78,003,069
79$117,610,168$29,391,962$19,087,088$85,242,486
80$129,487,422$30,713,185$19,607,523$93,195,828
81$142,572,409$32,095,401$20,141,645$101,935,026
82$156,988,199$33,541,479$20,689,793$111,539,318
83$172,870,411$35,054,428$21,252,317$122,095,984
84$190,368,495$36,637,397$21,829,572$133,701,170
85$209,647,141$38,293,689$22,421,923$146,460,793
86$230,887,832$40,026,763$23,029,740$160,491,531
87$254,290,560$41,840,243$23,653,405$175,921,919
88$280,075,708$43,737,926$24,293,305$192,893,562
89$308,486,139$45,723,793$24,949,839$211,562,462
90$339,789,479$47,802,012$25,623,413$232,100,484
91$374,280,649$49,976,954$26,314,440$254,696,975
92$412,284,646$52,253,196$27,023,345$279,560,543
93$454,159,613$54,635,536$27,750,560$306,921,021
94$500,300,218$57,129,001$28,496,528$337,031,627
95$551,141,378$59,738,861$29,261,700$370,171,349
96$607,162,369$62,470,635$30,046,537$406,647,572
97$668,891,345$65,330,111$30,851,511$446,798,969
98$736,910,327$68,323,350$31,677,101$490,998,692
99$811,860,695$71,456,709$32,523,798$539,657,884
100$894,449,244$74,736,846$33,392,103$593,229,553