Can I retire at age 54 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%18.3%
1 years$751,469$744,776$738,245$731,871$725,647$701,296
2 years$372,015$365,086$358,371$351,861$345,546$321,253
3 years$245,546$238,588$231,890$225,441$219,229$195,757
4 years$182,324$175,387$168,757$162,417$156,356$133,884
5 years$144,401$137,506$130,962$124,752$118,859$97,448
6 years$119,127$112,284$105,837$99,765$94,049$73,715
7 years$101,082$94,296$87,951$82,023$76,487$57,227
8 years$87,554$80,829$74,589$68,807$63,453$45,253
9 years$77,037$70,376$64,244$58,608$53,437$36,274
10 years$68,629$62,033$56,009$50,521$45,531$29,378
11 years$61,754$55,224$49,310$43,968$39,158$23,984
12 years$56,029$49,566$43,761$38,566$33,934$19,705
13 years$51,189$44,794$39,098$34,048$29,591$16,270
14 years$47,043$40,716$35,129$30,224$25,939$13,489
15 years$43,454$37,195$31,717$26,954$22,839$11,220
16 years$40,316$34,126$28,756$24,135$20,185$9,358
17 years$37,551$31,428$26,167$21,685$17,897$7,822
18 years$35,095$29,041$23,887$19,542$15,914$6,550
19 years$32,901$26,915$21,867$17,658$14,184$5,493
20 years$30,928$25,011$20,069$15,993$12,670$4,613
21 years$29,146$23,297$18,459$14,515$11,338$3,878
22 years$27,527$21,747$17,013$13,197$10,163$3,263
23 years$26,052$20,339$15,709$12,019$9,123$2,747
24 years$24,702$19,056$14,528$10,962$8,200$2,315
25 years$23,461$17,884$13,456$10,011$7,378$1,951
26 years$22,318$16,808$12,480$9,154$6,646$1,645
27 years$21,261$15,818$11,588$8,379$5,992$1,388
28 years$20,282$14,905$10,773$7,677$5,407$1,171
29 years$19,372$14,061$10,025$7,040$4,882$989
30 years$18,524$13,279$9,338$6,461$4,411$835
31 years$17,732$12,553$8,706$5,933$3,988$705
32 years$16,991$11,878$8,122$5,453$3,608$595
33 years$16,297$11,249$7,584$5,015$3,265$503
34 years$15,645$10,661$7,086$4,614$2,956$425
35 years$15,031$10,112$6,625$4,247$2,677$359
36 years$14,453$9,598$6,197$3,912$2,426$303
37 years$13,907$9,116$5,801$3,604$2,199$256
38 years$13,392$8,663$5,432$3,322$1,993$217
39 years$12,904$8,238$5,089$3,063$1,808$183
40 years$12,441$7,838$4,770$2,825$1,640$155
41 years$12,002$7,461$4,473$2,607$1,487$131
42 years$11,586$7,105$4,196$2,406$1,350$111
43 years$11,189$6,770$3,937$2,221$1,225$93
44 years$10,812$6,453$3,696$2,050$1,112$79
45 years$10,453$6,154$3,470$1,894$1,009$67
46 years$10,110$5,870$3,259$1,749$916$56
47 years$9,783$5,602$3,062$1,616$832$48
48 years$9,470$5,348$2,877$1,493$756$40
49 years$9,171$5,107$2,705$1,380$686$34
50 years$8,885$4,878$2,543$1,276$623$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $9,100,000, adding $4,353 every year, while hoping to spend $20,810 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: 67/5/28 Blend
53$9,100,000$9,100,000$9,100,000$9,100,000
54$10,032,690$9,550,390$9,409,340$10,630,969
55$11,033,883$9,996,218$9,702,411$11,480,518
56$12,136,500$10,463,193$10,004,603$12,406,621
57$13,350,864$10,952,331$10,316,199$13,419,117
58$14,688,352$11,464,695$10,637,491$14,526,546
59$16,161,497$12,001,398$10,968,780$15,738,309
60$17,784,114$12,563,611$11,310,379$17,064,755
61$19,571,424$13,152,558$11,662,606$18,517,280
62$21,540,199$13,769,523$12,025,793$20,108,431
63$23,708,922$14,415,853$12,400,281$21,852,025
64$26,097,961$15,092,959$12,786,419$23,763,275
65$28,729,761$15,802,321$13,184,571$25,858,935
66$31,629,053$16,545,491$13,595,111$28,157,456
67$34,823,091$17,324,095$14,018,422$30,679,156
68$38,341,910$18,139,839$14,454,902$33,446,416
69$42,218,604$18,994,510$14,904,961$36,483,884
70$46,489,644$19,889,984$15,369,020$39,818,707
71$51,195,220$20,828,226$15,847,514$43,480,788
72$56,379,619$21,811,295$16,340,892$47,503,065
73$62,091,645$22,841,353$16,849,617$51,921,818
74$68,385,078$23,920,666$17,374,165$56,777,014
75$75,319,185$25,051,607$17,915,029$62,112,675
76$82,959,274$26,236,667$18,472,714$67,977,302
77$91,377,313$27,478,458$19,047,744$74,424,319
78$100,652,614$28,779,717$19,640,657$81,512,583
79$110,872,571$30,143,313$20,252,010$89,306,934
80$122,133,496$31,572,258$20,882,375$97,878,806
81$134,541,520$33,069,707$21,532,342$107,306,897
82$148,213,601$34,638,969$22,202,522$117,677,911
83$163,278,623$36,283,513$22,893,541$129,087,372
84$179,878,616$38,006,978$23,606,047$141,640,524
85$198,170,092$39,813,178$24,340,708$155,453,322
86$218,325,531$41,706,113$25,098,211$170,653,521
87$240,535,001$43,689,978$25,879,267$187,381,883
88$265,007,955$45,769,170$26,684,606$205,793,497
89$291,975,209$47,948,303$27,514,983$226,059,245
90$321,691,121$50,232,210$28,371,176$248,367,408
91$354,435,991$52,625,964$29,253,986$272,925,441
92$390,518,708$55,134,882$30,164,240$299,961,927
93$430,279,664$57,764,539$31,102,790$329,728,731
94$474,093,972$60,520,784$32,070,515$362,503,374
95$522,375,001$63,409,746$33,068,321$398,591,648
96$575,578,283$66,437,856$34,097,142$438,330,497
97$634,205,813$69,611,856$35,157,942$482,091,197
98$698,810,785$72,938,816$36,251,712$530,282,852
99$770,002,817$76,426,150$37,379,477$583,356,253
100$848,453,707$80,081,634$38,542,291$641,808,127