Can I retire at age 59 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%14.9%
1 years$751,469$744,776$738,245$731,871$725,647$710,996
2 years$372,015$365,086$358,371$351,861$345,546$330,849
3 years$245,546$238,588$231,890$225,441$219,229$204,945
4 years$182,324$175,387$168,757$162,417$156,356$142,595
5 years$144,401$137,506$130,962$124,752$118,859$105,661
6 years$119,127$112,284$105,837$99,765$94,049$81,427
7 years$101,082$94,296$87,951$82,023$76,487$64,444
8 years$87,554$80,829$74,589$68,807$63,453$51,986
9 years$77,037$70,376$64,244$58,608$53,437$42,538
10 years$68,629$62,033$56,009$50,521$45,531$35,189
11 years$61,754$55,224$49,310$43,968$39,158$29,361
12 years$56,029$49,566$43,761$38,566$33,934$24,667
13 years$51,189$44,794$39,098$34,048$29,591$20,839
14 years$47,043$40,716$35,129$30,224$25,939$17,686
15 years$43,454$37,195$31,717$26,954$22,839$15,066
16 years$40,316$34,126$28,756$24,135$20,185$12,875
17 years$37,551$31,428$26,167$21,685$17,897$11,031
18 years$35,095$29,041$23,887$19,542$15,914$9,473
19 years$32,901$26,915$21,867$17,658$14,184$8,150
20 years$30,928$25,011$20,069$15,993$12,670$7,023
21 years$29,146$23,297$18,459$14,515$11,338$6,060
22 years$27,527$21,747$17,013$13,197$10,163$5,236
23 years$26,052$20,339$15,709$12,019$9,123$4,528
24 years$24,702$19,056$14,528$10,962$8,200$3,919
25 years$23,461$17,884$13,456$10,011$7,378$3,394
26 years$22,318$16,808$12,480$9,154$6,646$2,942
27 years$21,261$15,818$11,588$8,379$5,992$2,551
28 years$20,282$14,905$10,773$7,677$5,407$2,213
29 years$19,372$14,061$10,025$7,040$4,882$1,921
30 years$18,524$13,279$9,338$6,461$4,411$1,668
31 years$17,732$12,553$8,706$5,933$3,988$1,449
32 years$16,991$11,878$8,122$5,453$3,608$1,259
33 years$16,297$11,249$7,584$5,015$3,265$1,094
34 years$15,645$10,661$7,086$4,614$2,956$951
35 years$15,031$10,112$6,625$4,247$2,677$826
36 years$14,453$9,598$6,197$3,912$2,426$719
37 years$13,907$9,116$5,801$3,604$2,199$625
38 years$13,392$8,663$5,432$3,322$1,993$543
39 years$12,904$8,238$5,089$3,063$1,808$473
40 years$12,441$7,838$4,770$2,825$1,640$411
41 years$12,002$7,461$4,473$2,607$1,487$358
42 years$11,586$7,105$4,196$2,406$1,350$311
43 years$11,189$6,770$3,937$2,221$1,225$271
44 years$10,812$6,453$3,696$2,050$1,112$235
45 years$10,453$6,154$3,470$1,894$1,009$205
46 years$10,110$5,870$3,259$1,749$916$178
47 years$9,783$5,602$3,062$1,616$832$155
48 years$9,470$5,348$2,877$1,493$756$135
49 years$9,171$5,107$2,705$1,380$686$117
50 years$8,885$4,878$2,543$1,276$623$102

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $9,100,000, adding $2,867 every year, while hoping to spend $38,788 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: 47/44/9 Blend
58$9,100,000$9,100,000$9,100,000$9,100,000
59$10,031,157$9,548,857$9,407,807$10,477,761
60$11,013,065$9,975,481$9,681,699$11,211,926
61$12,093,828$10,421,710$9,963,465$12,003,960
62$13,283,487$10,888,462$10,253,330$12,862,626
63$14,593,108$11,376,703$10,551,523$13,794,120
64$16,034,884$11,887,440$10,858,278$14,805,246
65$17,622,250$12,421,732$11,173,837$15,903,472
66$19,370,008$12,980,686$11,498,450$17,097,001
67$21,294,473$13,565,463$11,832,371$18,394,840
68$23,413,617$14,177,278$12,175,864$19,806,887
69$25,747,248$14,817,407$12,529,197$21,344,011
70$28,317,190$15,487,183$12,892,649$23,018,160
71$31,147,494$16,188,006$13,266,503$24,842,462
72$34,264,661$16,921,340$13,651,053$26,831,347
73$37,697,892$17,688,722$14,046,599$29,000,676
74$41,479,368$18,491,760$14,453,450$31,367,888
75$45,644,547$19,332,139$14,871,925$33,952,156
76$50,232,504$20,211,628$15,302,348$36,774,565
77$55,286,297$21,132,075$15,745,054$39,858,302
78$60,853,375$22,095,423$16,200,389$43,228,870
79$66,986,023$23,103,702$16,668,706$46,914,320
80$73,741,858$24,159,044$17,150,368$50,945,512
81$81,184,370$25,263,680$17,645,748$55,356,396
82$89,383,526$26,419,950$18,155,230$60,184,325
83$98,416,423$27,630,305$18,679,208$65,470,399
84$108,368,022$28,897,314$19,218,086$71,259,848
85$119,331,949$30,223,670$19,772,280$77,602,444
86$131,411,372$31,612,195$20,342,216$84,552,965
87$144,719,986$33,065,846$20,928,334$92,171,705
88$159,383,074$34,587,723$21,531,083$100,525,025
89$175,538,700$36,181,073$22,150,926$109,685,975
90$193,339,004$37,849,302$22,788,339$119,734,973
91$212,951,642$39,595,978$23,443,808$130,760,546
92$234,561,370$41,424,841$24,117,836$142,860,160
93$258,371,782$43,339,811$24,810,936$156,141,121
94$284,607,239$45,344,997$25,523,637$170,721,582
95$313,514,981$47,444,705$26,256,483$186,731,635
96$345,367,463$49,643,450$27,010,029$204,314,533
97$380,464,928$51,945,963$27,784,849$223,628,019
98$419,138,239$54,357,203$28,581,529$244,845,807
99$461,752,004$56,882,370$29,400,674$268,159,195
100$508,708,014$59,526,912$30,242,903$293,778,862