Can I retire at age 30 with 10,300,000?

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 $10,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$850,564$842,988$835,596$828,381$821,336$792,826
2 years$421,071$413,229$405,629$398,260$391,113$362,683
3 years$277,926$270,050$262,469$255,169$248,138$220,683
4 years$206,367$198,515$191,010$183,835$176,974$150,704
5 years$163,443$155,638$148,232$141,203$134,533$109,516
6 years$134,836$127,090$119,793$112,921$106,451$82,708
7 years$114,411$106,730$99,549$92,839$86,573$64,099
8 years$99,099$91,488$84,425$77,880$71,821$50,597
9 years$87,196$79,656$72,715$66,337$60,484$40,483
10 years$77,679$70,213$63,395$57,183$51,535$32,726
11 years$69,898$62,507$55,812$49,766$44,322$26,665
12 years$63,418$56,103$49,532$43,652$38,408$21,863
13 years$57,939$50,700$44,253$38,538$33,493$18,016
14 years$53,247$46,085$39,762$34,210$29,360$14,905
15 years$49,184$42,100$35,900$30,509$25,851$12,371
16 years$45,633$38,626$32,548$27,317$22,847$10,295
17 years$42,503$35,573$29,618$24,544$20,258$8,587
18 years$39,723$32,871$27,037$22,120$18,012$7,175
19 years$37,239$30,464$24,751$19,987$16,055$6,004
20 years$35,006$28,309$22,715$18,102$14,340$5,030
21 years$32,989$26,369$20,894$16,429$12,833$4,219
22 years$31,157$24,614$19,257$14,937$11,503$3,541
23 years$29,487$23,021$17,780$13,604$10,326$2,975
24 years$27,959$21,569$16,444$12,407$9,281$2,500
25 years$26,555$20,242$15,230$11,331$8,351$2,102
26 years$25,261$19,024$14,125$10,361$7,523$1,769
27 years$24,065$17,904$13,116$9,483$6,782$1,489
28 years$22,956$16,871$12,193$8,689$6,120$1,253
29 years$21,926$15,916$11,347$7,968$5,526$1,055
30 years$20,966$15,031$10,569$7,312$4,993$889
31 years$20,070$14,209$9,854$6,716$4,514$749
32 years$19,232$13,444$9,194$6,172$4,083$631
33 years$18,446$12,732$8,584$5,676$3,696$531
34 years$17,708$12,067$8,020$5,222$3,346$448
35 years$17,013$11,446$7,499$4,807$3,030$377
36 years$16,359$10,863$7,015$4,427$2,746$318
37 years$15,741$10,318$6,566$4,079$2,489$268
38 years$15,158$9,806$6,148$3,760$2,256$226
39 years$14,605$9,324$5,760$3,467$2,046$191
40 years$14,082$8,871$5,399$3,198$1,856$161
41 years$13,585$8,445$5,063$2,950$1,684$135
42 years$13,113$8,042$4,749$2,723$1,528$114
43 years$12,665$7,663$4,456$2,513$1,386$96
44 years$12,238$7,304$4,183$2,321$1,258$81
45 years$11,831$6,965$3,928$2,143$1,142$68
46 years$11,443$6,644$3,689$1,980$1,037$58
47 years$11,073$6,341$3,466$1,829$942$49
48 years$10,719$6,053$3,257$1,690$855$41
49 years$10,380$5,780$3,061$1,562$777$35
50 years$10,056$5,522$2,878$1,444$706$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $10,300,000, adding $4,812 every year, while hoping to spend $21,378 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: 60/12/28 Blend
29$10,300,000$10,300,000$10,300,000$10,300,000
30$11,355,564$10,809,664$10,650,014$11,950,541
31$12,491,085$11,316,591$10,984,043$12,863,939
32$13,741,713$11,847,642$11,328,546$13,857,450
33$15,119,166$12,403,974$11,683,851$14,941,128
34$16,636,357$12,986,805$12,050,296$16,123,762
35$18,307,515$13,597,408$12,428,230$17,415,021
36$20,148,321$14,237,120$12,818,015$18,825,546
37$22,176,051$14,907,341$13,220,020$20,367,045
38$24,409,747$15,609,539$13,634,629$22,052,404
39$26,870,390$16,345,255$14,062,238$23,895,802
40$29,581,100$17,116,103$14,503,253$25,912,849
41$32,567,356$17,923,775$14,958,095$28,120,726
42$35,857,232$18,770,046$15,427,198$30,538,344
43$39,481,668$19,656,777$15,911,007$33,186,524
44$43,474,757$20,585,918$16,409,985$36,088,189
45$47,874,068$21,559,514$16,924,606$39,268,573
46$52,721,004$22,579,711$17,455,360$42,755,463
47$58,061,186$23,648,756$18,002,754$46,579,455
48$63,944,889$24,769,007$18,567,309$50,774,238
49$70,427,516$25,942,937$19,149,563$55,376,911
50$77,570,120$27,173,138$19,750,070$60,428,328
51$85,439,977$28,462,327$20,369,402$65,973,482
52$94,111,227$29,813,353$21,008,149$72,061,922
53$103,665,570$31,229,206$21,666,921$78,748,222
54$114,193,039$32,713,018$22,346,343$86,092,486
55$125,792,848$34,268,074$23,047,064$94,160,917
56$138,574,329$35,897,820$23,769,751$103,026,431
57$152,657,965$37,605,868$24,515,093$112,769,346
58$168,176,527$39,396,005$25,283,798$123,478,132
59$185,276,327$41,272,204$26,076,599$135,250,243
60$204,118,599$43,238,629$26,894,253$148,193,030
61$224,881,022$45,299,647$27,737,536$162,424,749
62$247,759,395$47,459,839$28,607,252$178,075,672
63$272,969,489$49,724,006$29,504,230$195,289,310
64$300,749,078$52,097,184$30,429,324$214,223,762
65$331,360,193$54,584,654$31,383,414$235,053,200
66$365,091,584$57,191,954$32,367,410$257,969,509
67$402,261,455$59,924,889$33,382,248$283,184,086
68$443,220,465$62,789,550$34,428,895$310,929,833
69$488,355,037$65,792,323$35,508,347$341,463,345
70$538,091,007$68,939,902$36,621,633$375,067,326
71$592,897,644$72,239,312$37,769,812$412,053,248
72$653,292,080$75,697,915$38,953,978$452,764,282
73$719,844,194$79,323,435$40,175,257$497,578,529
74$793,181,988$83,123,969$41,434,814$546,912,582
75$873,997,517$87,108,010$42,733,847$601,225,443
76$963,053,426$91,284,465$44,073,594$661,022,852
77$1,061,190,145$95,662,673$45,455,328$726,862,047
78$1,169,333,825$100,252,429$46,880,367$799,357,013
79$1,288,505,083$105,064,006$48,350,067$879,184,267
80$1,419,828,634$110,108,175$49,865,827$967,089,232
81$1,564,543,912$115,396,233$51,429,089$1,063,893,262
82$1,724,016,770$120,940,027$53,041,343$1,170,501,381
83$1,899,752,375$126,751,983$54,704,123$1,287,910,814
84$2,093,409,418$132,845,131$56,419,011$1,417,220,385
85$2,306,815,772$139,233,135$58,187,641$1,559,640,878
86$2,541,985,749$145,930,328$60,011,696$1,716,506,447
87$2,801,139,119$152,951,737$61,892,911$1,889,287,198
88$3,086,722,064$160,313,127$63,833,079$2,079,603,049
89$3,401,430,272$168,031,028$65,834,044$2,289,239,006
90$3,748,234,388$176,122,777$67,897,713$2,520,161,992
91$4,130,408,058$184,606,555$70,026,048$2,774,539,400
92$4,551,558,836$193,501,432$72,221,077$3,054,759,531
93$5,015,662,241$202,827,406$74,484,887$3,363,454,121
94$5,527,099,292$212,605,452$76,819,634$3,703,523,164
95$6,090,697,868$222,857,566$79,227,539$4,078,162,264
96$6,711,778,282$233,606,819$81,710,893$4,490,892,782
97$7,396,203,520$244,877,407$84,272,062$4,945,595,053
98$8,150,434,584$256,694,704$86,913,480$5,446,544,992
99$8,981,591,493$269,085,326$89,637,663$5,998,454,433
100$9,897,520,502$282,077,184$92,447,202$6,606,515,585