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 $6,042 every year, while hoping to spend $53,258 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: 69/11/20 Blend
29$10,300,000$10,300,000$10,300,000$10,300,000
30$11,356,832$10,810,932$10,651,282$12,084,088
31$12,458,563$11,284,002$10,951,434$13,043,638
32$13,670,885$11,778,467$11,259,856$14,086,418
33$15,005,024$12,295,320$11,576,769$15,226,167
34$16,473,344$12,835,599$11,902,399$16,472,456
35$18,089,475$13,400,392$12,236,979$17,835,820
36$19,868,430$13,990,840$12,580,747$19,327,858
37$21,826,754$14,608,136$12,933,946$20,961,336
38$23,982,678$15,253,529$13,296,827$22,750,314
39$26,356,287$15,928,328$13,669,648$24,710,269
40$28,969,717$16,633,905$14,052,670$26,858,245
41$31,847,358$17,371,696$14,446,163$29,213,008
42$35,016,083$18,143,204$14,850,405$31,795,226
43$38,505,508$18,950,005$15,265,678$34,627,655
44$42,348,265$19,793,750$15,692,273$37,735,361
45$46,580,311$20,676,167$16,130,487$41,145,946
46$51,241,270$21,599,067$16,580,626$44,889,811
47$56,374,806$22,564,347$17,043,003$49,000,439
48$62,029,029$23,573,994$17,517,937$53,514,712
49$68,256,960$24,630,089$18,005,757$58,473,250
50$75,117,019$25,734,813$18,506,800$63,920,799
51$82,673,588$26,890,451$19,021,410$69,906,647
52$90,997,607$28,099,396$19,549,940$76,485,085
53$100,167,252$29,364,156$20,092,753$83,715,923
54$110,268,670$30,687,358$20,650,218$91,665,042
55$121,396,789$32,071,753$21,222,715$100,405,023
56$133,656,219$33,520,227$21,810,634$110,015,821
57$147,162,236$35,035,800$22,414,372$120,585,520
58$162,041,868$36,621,638$23,034,338$132,211,161
59$178,435,099$38,281,059$23,670,948$144,999,653
60$196,496,185$40,017,537$24,324,632$159,068,782
61$216,395,115$41,834,715$24,995,825$174,548,312
62$238,319,209$43,736,409$25,684,978$191,581,212
63$262,474,893$45,726,617$26,392,549$210,325,001
64$289,089,640$47,809,530$27,119,008$230,953,226
65$318,414,125$49,989,538$27,864,836$253,657,101
66$350,724,583$52,271,243$28,630,526$278,647,304
67$386,325,423$54,659,467$29,416,581$306,155,961
68$425,552,097$57,159,261$30,223,517$336,438,834
69$468,774,269$59,775,923$31,051,863$369,777,728
70$516,399,301$62,515,000$31,902,157$406,483,147
71$568,876,103$65,382,309$32,774,953$446,897,217
72$626,699,368$68,383,944$33,670,816$491,396,913
73$690,414,240$71,526,293$34,590,324$540,397,611
74$760,621,461$74,816,051$35,534,070$594,356,997
75$837,983,046$78,260,233$36,502,657$653,779,389
76$923,228,526$81,866,194$37,496,705$719,220,484
77$1,017,161,838$85,641,639$38,516,847$791,292,602
78$1,120,668,914$89,594,648$39,563,729$870,670,454
79$1,234,726,043$93,733,686$40,638,014$958,097,505
80$1,360,409,090$98,067,627$41,740,378$1,054,392,984
81$1,498,903,649$102,605,772$42,871,513$1,160,459,612
82$1,651,516,237$107,357,871$44,032,124$1,277,292,109
83$1,819,686,628$112,334,142$45,222,936$1,405,986,579
84$2,005,001,445$117,545,295$46,444,685$1,547,750,848
85$2,209,209,137$123,002,559$47,698,126$1,703,915,855
86$2,434,236,485$128,717,701$48,984,030$1,875,948,203
87$2,682,206,796$134,703,058$50,303,184$2,065,463,998
88$2,955,459,942$140,971,560$51,656,393$2,274,244,091
89$3,256,574,452$147,536,763$53,044,478$2,504,250,881
90$3,588,391,856$154,412,875$54,468,279$2,757,646,822
91$3,954,043,511$161,614,790$55,928,651$3,036,814,832
92$4,356,980,158$169,158,124$57,426,470$3,344,380,771
93$4,801,004,505$177,059,243$58,962,628$3,683,238,215
94$5,290,307,126$185,335,308$60,538,037$4,056,575,760
95$5,829,506,019$194,004,304$62,153,628$4,467,907,112
96$6,423,690,207$203,085,089$63,810,349$4,921,104,232
97$7,078,467,782$212,597,433$65,509,169$5,420,433,885
98$7,800,018,847$222,562,057$67,251,077$5,970,597,894
99$8,595,153,861$233,000,690$69,037,080$6,576,777,513
100$9,471,377,940$243,936,109$70,868,207$7,244,682,323