Can I retire at age 57 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%14.5%
1 years$751,469$744,776$738,245$731,871$725,647$712,161
2 years$372,015$365,086$358,371$351,861$345,546$332,010
3 years$245,546$238,588$231,890$225,441$219,229$206,064
4 years$182,324$175,387$168,757$162,417$156,356$143,663
5 years$144,401$137,506$130,962$124,752$118,859$106,676
6 years$119,127$112,284$105,837$99,765$94,049$82,388
7 years$101,082$94,296$87,951$82,023$76,487$65,352
8 years$87,554$80,829$74,589$68,807$63,453$52,841
9 years$77,037$70,376$64,244$58,608$53,437$43,341
10 years$68,629$62,033$56,009$50,521$45,531$35,942
11 years$61,754$55,224$49,310$43,968$39,158$30,065
12 years$56,029$49,566$43,761$38,566$33,934$25,324
13 years$51,189$44,794$39,098$34,048$29,591$21,451
14 years$47,043$40,716$35,129$30,224$25,939$18,254
15 years$43,454$37,195$31,717$26,954$22,839$15,593
16 years$40,316$34,126$28,756$24,135$20,185$13,363
17 years$37,551$31,428$26,167$21,685$17,897$11,483
18 years$35,095$29,041$23,887$19,542$15,914$9,889
19 years$32,901$26,915$21,867$17,658$14,184$8,533
20 years$30,928$25,011$20,069$15,993$12,670$7,376
21 years$29,146$23,297$18,459$14,515$11,338$6,384
22 years$27,527$21,747$17,013$13,197$10,163$5,532
23 years$26,052$20,339$15,709$12,019$9,123$4,799
24 years$24,702$19,056$14,528$10,962$8,200$4,167
25 years$23,461$17,884$13,456$10,011$7,378$3,621
26 years$22,318$16,808$12,480$9,154$6,646$3,148
27 years$21,261$15,818$11,588$8,379$5,992$2,739
28 years$20,282$14,905$10,773$7,677$5,407$2,384
29 years$19,372$14,061$10,025$7,040$4,882$2,076
30 years$18,524$13,279$9,338$6,461$4,411$1,809
31 years$17,732$12,553$8,706$5,933$3,988$1,576
32 years$16,991$11,878$8,122$5,453$3,608$1,374
33 years$16,297$11,249$7,584$5,015$3,265$1,198
34 years$15,645$10,661$7,086$4,614$2,956$1,045
35 years$15,031$10,112$6,625$4,247$2,677$911
36 years$14,453$9,598$6,197$3,912$2,426$795
37 years$13,907$9,116$5,801$3,604$2,199$694
38 years$13,392$8,663$5,432$3,322$1,993$605
39 years$12,904$8,238$5,089$3,063$1,808$528
40 years$12,441$7,838$4,770$2,825$1,640$461
41 years$12,002$7,461$4,473$2,607$1,487$402
42 years$11,586$7,105$4,196$2,406$1,350$351
43 years$11,189$6,770$3,937$2,221$1,225$307
44 years$10,812$6,453$3,696$2,050$1,112$268
45 years$10,453$6,154$3,470$1,894$1,009$234
46 years$10,110$5,870$3,259$1,749$916$204
47 years$9,783$5,602$3,062$1,616$832$178
48 years$9,470$5,348$2,877$1,493$756$156
49 years$9,171$5,107$2,705$1,380$686$136
50 years$8,885$4,878$2,543$1,276$623$119

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $9,100,000, adding $3,338 every year, while hoping to spend $54,994 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: 38/39/23 Blend
56$9,100,000$9,100,000$9,100,000$9,100,000
57$10,031,643$9,549,343$9,408,293$10,343,755
58$10,996,358$9,958,748$9,664,958$10,980,304
59$12,057,630$10,386,370$9,928,378$11,662,404
60$13,225,250$10,833,045$10,198,721$12,398,482
61$14,510,007$11,299,645$10,476,159$13,193,455
62$15,923,786$11,787,086$10,760,869$14,052,716
63$17,479,684$12,296,325$11,053,030$14,982,183
64$19,192,132$12,828,365$11,352,826$15,988,354
65$21,077,028$13,384,254$11,660,445$17,078,362
66$23,151,894$13,965,091$11,976,079$18,260,037
67$25,436,035$14,572,028$12,299,924$19,541,982
68$27,950,721$15,206,268$12,632,182$20,933,645
69$30,719,391$15,869,072$12,973,058$22,445,406
70$33,767,874$16,561,761$13,322,760$24,088,670
71$37,124,627$17,285,718$13,681,502$25,875,973
72$40,821,011$18,042,390$14,049,504$27,821,089
73$44,891,581$18,833,293$14,426,989$29,939,164
74$49,374,414$19,660,016$14,814,185$32,246,847
75$54,311,468$20,524,221$15,211,324$34,762,443
76$59,748,979$21,427,649$15,618,645$37,506,084
77$65,737,895$22,372,124$16,036,390$40,499,908
78$72,334,358$23,359,556$16,464,807$43,768,265
79$79,600,233$24,391,945$16,904,148$47,337,942
80$87,603,692$25,471,385$17,354,672$51,238,404
81$96,419,857$26,600,072$17,816,642$55,502,070
82$106,131,509$27,780,302$18,290,327$60,164,609
83$116,829,870$29,014,484$18,776,000$65,265,272
84$128,615,462$30,305,139$19,273,941$70,847,252
85$141,599,056$31,654,907$19,784,434$76,958,083
86$155,902,718$33,066,556$20,307,771$83,650,083
87$171,660,961$34,542,983$20,844,248$90,980,838
88$189,022,014$36,087,225$21,394,165$99,013,732
89$208,149,221$37,702,460$21,957,832$107,818,543
90$229,222,583$39,392,022$22,535,560$117,472,086
91$252,440,455$41,159,400$23,127,670$128,058,927
92$278,021,421$43,008,249$23,734,486$139,672,175
93$306,206,354$44,942,402$24,356,340$152,414,344
94$337,260,694$46,965,871$24,993,568$166,398,311
95$371,476,946$49,082,861$25,646,515$181,748,368
96$409,177,450$51,297,776$26,315,528$198,601,383
97$450,717,415$53,615,232$27,000,964$217,108,078
98$496,488,279$56,040,066$27,703,183$237,434,435
99$546,921,398$58,577,344$28,422,555$259,763,250
100$602,492,121$61,232,375$29,159,451$284,295,840