Can I retire at age 55 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%12.5%
1 years$743,212$736,591$730,133$723,828$717,673$710,178
2 years$367,927$361,074$354,433$347,994$341,749$334,201
3 years$242,848$235,966$229,342$222,963$216,820$209,453
4 years$180,321$173,460$166,902$160,633$154,638$147,510
5 years$142,814$135,995$129,523$123,381$117,553$110,684
6 years$117,818$111,050$104,674$98,669$93,016$86,414
7 years$99,971$93,260$86,984$81,121$75,647$69,316
8 years$86,591$79,941$73,770$68,051$62,756$56,695
9 years$76,191$69,603$63,538$57,964$52,850$47,056
10 years$67,875$61,351$55,394$49,966$45,031$39,501
11 years$61,076$54,618$48,768$43,485$38,728$33,458
12 years$55,414$49,022$43,280$38,142$33,561$28,545
13 years$50,626$44,301$38,668$33,674$29,266$24,498
14 years$46,527$40,269$34,743$29,892$25,654$21,128
15 years$42,977$36,786$31,369$26,658$22,588$18,297
16 years$39,873$33,751$28,440$23,870$19,963$15,900
17 years$37,138$31,083$25,879$21,447$17,701$13,857
18 years$34,710$28,722$23,625$19,328$15,739$12,108
19 years$32,539$26,619$21,627$17,464$14,028$10,602
20 years$30,588$24,736$19,848$15,817$12,530$9,300
21 years$28,825$23,041$18,257$14,355$11,213$8,172
22 years$27,225$21,508$16,826$13,052$10,051$7,190
23 years$25,766$20,116$15,536$11,887$9,022$6,334
24 years$24,430$18,847$14,368$10,841$8,110$5,586
25 years$23,203$17,687$13,308$9,901$7,297$4,931
26 years$22,073$16,623$12,342$9,053$6,573$4,356
27 years$21,028$15,644$11,461$8,286$5,926$3,851
28 years$20,059$14,741$10,654$7,592$5,347$3,407
29 years$19,159$13,907$9,915$6,962$4,829$3,016
30 years$18,320$13,133$9,235$6,390$4,363$2,670
31 years$17,537$12,416$8,610$5,868$3,944$2,366
32 years$16,804$11,748$8,033$5,393$3,568$2,097
33 years$16,118$11,125$7,501$4,959$3,229$1,859
34 years$15,473$10,544$7,008$4,563$2,924$1,648
35 years$14,866$10,001$6,552$4,201$2,648$1,462
36 years$14,294$9,492$6,129$3,869$2,399$1,297
37 years$13,754$9,016$5,737$3,564$2,175$1,151
38 years$13,244$8,568$5,372$3,285$1,971$1,022
39 years$12,762$8,147$5,033$3,029$1,788$907
40 years$12,304$7,752$4,718$2,794$1,622$806
41 years$11,870$7,379$4,424$2,578$1,471$715
42 years$11,458$7,027$4,150$2,379$1,335$635
43 years$11,066$6,696$3,894$2,196$1,211$564
44 years$10,693$6,382$3,655$2,028$1,100$501
45 years$10,338$6,086$3,432$1,873$998$445
46 years$9,999$5,806$3,223$1,730$906$396
47 years$9,675$5,541$3,028$1,598$823$351
48 years$9,366$5,289$2,846$1,477$747$312
49 years$9,070$5,051$2,675$1,365$679$277
50 years$8,787$4,825$2,515$1,262$617$247

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $9,000,000, adding $3,556 every year, while hoping to spend $28,985 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: 30/41/29 Blend
54$9,000,000$9,000,000$9,000,000$9,000,000
55$9,921,668$9,444,668$9,305,168$10,130,838
56$10,902,838$9,876,617$9,586,051$10,727,259
57$11,983,117$10,328,760$9,875,373$11,365,634
58$13,172,581$10,802,056$10,173,384$12,051,810
59$14,482,337$11,297,510$10,480,346$12,789,968
60$15,924,623$11,816,174$10,796,524$13,584,688
61$17,512,921$12,359,154$11,122,195$14,440,984
62$19,262,092$12,927,605$11,457,641$15,364,352
63$21,188,508$13,522,741$11,803,155$16,360,813
64$23,310,211$14,145,830$12,159,036$17,436,969
65$25,647,084$14,798,207$12,525,594$18,600,058
66$28,221,032$15,481,265$12,903,148$19,858,018
67$31,056,199$16,196,469$13,292,025$21,219,558
68$34,179,187$16,945,351$13,692,563$22,694,235
69$37,619,310$17,729,519$14,105,110$24,292,533
70$41,408,871$18,550,657$14,530,023$26,025,966
71$45,583,468$19,410,532$14,967,671$27,907,172
72$50,182,327$20,310,993$15,418,433$29,950,028
73$55,248,674$21,253,981$15,882,700$32,169,776
74$60,830,143$22,241,530$16,360,875$34,583,160
75$66,979,224$23,275,771$16,853,370$37,208,574
76$73,753,759$24,358,939$17,360,613$40,066,229
77$81,217,491$25,493,376$17,883,042$43,178,337
78$89,440,661$26,681,536$18,421,109$46,569,313
79$98,500,671$27,925,995$18,975,279$50,265,991
80$108,482,821$29,229,449$19,546,032$54,297,875
81$119,481,104$30,594,728$20,133,860$58,697,404
82$131,599,103$32,024,796$20,739,271$63,500,251
83$144,950,962$33,522,762$21,362,787$68,745,644
84$159,662,467$35,091,883$22,004,947$74,476,732
85$175,872,230$36,735,577$22,666,303$80,740,974
86$193,733,000$38,457,423$23,347,428$87,590,581
87$213,413,106$40,261,177$24,048,907$95,082,993
88$235,098,043$42,150,774$24,771,344$103,281,409
89$258,992,221$44,130,341$25,515,363$112,255,368
90$285,320,903$46,204,202$26,281,603$122,081,394
91$314,332,322$48,376,895$27,070,723$132,843,702
92$346,300,029$50,653,173$27,883,402$144,634,976
93$381,525,475$53,038,021$28,720,339$157,557,230
94$420,340,856$55,536,667$29,582,253$171,722,751
95$463,112,249$58,154,590$30,469,885$187,255,143
96$510,243,068$60,897,534$31,383,995$204,290,474
97$562,177,872$63,771,524$32,325,370$222,978,541
98$619,406,561$66,782,875$33,294,816$243,484,265
99$682,469,002$69,938,208$34,293,165$265,989,221
100$751,960,126$73,244,466$35,321,272$290,693,337