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%20%
1 years$850,564$842,988$835,596$828,381$821,336$788,438
2 years$421,071$413,229$405,629$398,260$391,113$358,381
3 years$277,926$270,050$262,469$255,169$248,138$216,604
4 years$206,367$198,515$191,010$183,835$176,974$146,877
5 years$163,443$155,638$148,232$141,203$134,533$105,950
6 years$134,836$127,090$119,793$112,921$106,451$79,400
7 years$114,411$106,730$99,549$92,839$86,573$61,044
8 years$99,099$91,488$84,425$77,880$71,821$47,787
9 years$87,196$79,656$72,715$66,337$60,484$37,908
10 years$77,679$70,213$63,395$57,183$51,535$30,373
11 years$69,898$62,507$55,812$49,766$44,322$24,523
12 years$63,418$56,103$49,532$43,652$38,408$19,920
13 years$57,939$50,700$44,253$38,538$33,493$16,258
14 years$53,247$46,085$39,762$34,210$29,360$13,319
15 years$49,184$42,100$35,900$30,509$25,851$10,945
16 years$45,633$38,626$32,548$27,317$22,847$9,017
17 years$42,503$35,573$29,618$24,544$20,258$7,443
18 years$39,723$32,871$27,037$22,120$18,012$6,154
19 years$37,239$30,464$24,751$19,987$16,055$5,095
20 years$35,006$28,309$22,715$18,102$14,340$4,223
21 years$32,989$26,369$20,894$16,429$12,833$3,504
22 years$31,157$24,614$19,257$14,937$11,503$2,909
23 years$29,487$23,021$17,780$13,604$10,326$2,417
24 years$27,959$21,569$16,444$12,407$9,281$2,009
25 years$26,555$20,242$15,230$11,331$8,351$1,670
26 years$25,261$19,024$14,125$10,361$7,523$1,390
27 years$24,065$17,904$13,116$9,483$6,782$1,156
28 years$22,956$16,871$12,193$8,689$6,120$962
29 years$21,926$15,916$11,347$7,968$5,526$801
30 years$20,966$15,031$10,569$7,312$4,993$667
31 years$20,070$14,209$9,854$6,716$4,514$556
32 years$19,232$13,444$9,194$6,172$4,083$463
33 years$18,446$12,732$8,584$5,676$3,696$385
34 years$17,708$12,067$8,020$5,222$3,346$321
35 years$17,013$11,446$7,499$4,807$3,030$267
36 years$16,359$10,863$7,015$4,427$2,746$223
37 years$15,741$10,318$6,566$4,079$2,489$186
38 years$15,158$9,806$6,148$3,760$2,256$155
39 years$14,605$9,324$5,760$3,467$2,046$129
40 years$14,082$8,871$5,399$3,198$1,856$107
41 years$13,585$8,445$5,063$2,950$1,684$89
42 years$13,113$8,042$4,749$2,723$1,528$75
43 years$12,665$7,663$4,456$2,513$1,386$62
44 years$12,238$7,304$4,183$2,321$1,258$52
45 years$11,831$6,965$3,928$2,143$1,142$43
46 years$11,443$6,644$3,689$1,980$1,037$36
47 years$11,073$6,341$3,466$1,829$942$30
48 years$10,719$6,053$3,257$1,690$855$25
49 years$10,380$5,780$3,061$1,562$777$21
50 years$10,056$5,522$2,878$1,444$706$17

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 $6,313 every year, while hoping to spend $46,407 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: 72/23/5 Blend
29$10,300,000$10,300,000$10,300,000$10,300,000
30$11,357,112$10,811,212$10,651,562$12,169,465
31$12,466,161$11,291,585$10,959,012$13,186,043
32$13,686,777$11,793,940$11,275,207$14,292,206
33$15,030,292$12,319,307$11,600,390$15,501,902
34$16,509,190$12,868,762$11,934,812$16,825,311
35$18,137,229$13,443,432$12,278,730$18,273,632
36$19,929,567$14,044,502$12,632,408$19,859,194
37$21,902,908$14,673,207$12,996,119$21,595,560
38$24,075,656$15,330,845$13,370,140$23,497,663
39$26,468,091$16,018,775$13,754,758$25,581,936
40$29,102,562$16,738,420$14,150,268$27,866,469
41$32,003,692$17,491,272$14,556,971$30,371,177
42$35,198,617$18,278,893$14,975,178$33,117,981
43$38,717,236$19,102,919$15,405,206$36,131,018
44$42,592,498$19,965,066$15,847,385$39,436,860
45$46,860,709$20,867,130$16,302,048$43,064,767
46$51,561,877$21,810,994$16,769,542$47,046,952
47$56,740,087$22,798,631$17,250,220$51,418,891
48$62,443,919$23,832,108$17,744,446$56,219,647
49$68,726,907$24,913,590$18,252,593$61,492,236
50$75,648,042$26,045,346$18,775,045$67,284,033
51$83,272,329$27,229,754$19,312,196$73,647,208
52$91,671,401$28,469,307$19,864,449$80,639,222
53$100,924,195$29,766,614$20,432,219$88,323,358
54$111,117,696$31,124,412$21,015,932$96,769,315
55$122,347,761$32,545,568$21,616,026$106,053,864
56$134,720,019$34,033,086$22,232,948$116,261,564
57$148,350,869$35,590,116$22,867,161$127,485,555
58$163,368,582$37,219,956$23,519,135$139,828,433
59$179,914,509$38,926,066$24,189,358$153,403,210
60$198,144,414$40,712,068$24,878,326$168,334,377
61$218,229,946$42,581,761$25,586,552$184,759,070
62$240,360,258$44,539,125$26,314,559$202,828,359
63$264,743,794$46,588,332$27,062,886$222,708,665
64$291,610,255$48,733,754$27,832,087$244,583,327
65$321,212,767$50,979,973$28,622,727$268,654,319
66$353,830,270$53,331,792$29,435,389$295,144,154
67$389,770,153$55,794,246$30,270,670$324,297,972
68$429,371,153$58,372,609$31,129,183$356,385,845
69$473,006,556$61,072,412$32,011,556$391,705,321
70$521,087,716$63,899,451$32,918,434$430,584,215
71$574,067,940$66,859,801$33,850,478$473,383,702
72$632,446,769$69,959,831$34,808,369$520,501,708
73$696,774,692$73,206,215$35,792,802$572,376,660
74$767,658,341$76,605,950$36,804,491$629,491,610
75$845,766,220$80,166,370$37,844,170$692,378,783
76$931,835,015$83,895,163$38,912,590$761,624,590
77$1,026,676,547$87,800,386$40,010,522$837,875,147
78$1,131,185,438$91,890,488$41,138,757$921,842,361
79$1,246,347,553$96,174,323$42,298,107$1,014,310,637
80$1,373,249,313$100,661,174$43,489,402$1,116,144,267
81$1,513,087,942$105,360,771$44,713,497$1,228,295,571
82$1,667,182,779$110,283,315$45,971,266$1,351,813,869
83$1,836,987,725$115,439,500$47,263,605$1,487,855,373
84$2,024,104,972$120,840,535$48,591,436$1,637,694,079
85$2,230,300,131$126,498,173$49,955,701$1,802,733,778
86$2,457,518,894$132,424,733$51,357,366$1,984,521,283
87$2,707,905,408$138,633,132$52,797,425$2,184,761,013
88$2,983,822,513$145,136,908$54,276,892$2,405,331,062
89$3,287,874,052$151,950,259$55,796,810$2,648,300,900
90$3,622,929,449$159,088,066$57,358,247$2,915,950,892
91$3,992,150,802$166,565,930$58,962,298$3,210,793,794
92$4,399,022,734$174,400,211$60,610,084$3,535,598,450
93$4,847,385,288$182,608,057$62,302,758$3,893,415,901
94$5,341,470,183$191,207,447$64,041,496$4,287,608,164
95$5,885,940,762$200,217,233$65,827,507$4,721,879,932
96$6,485,936,021$209,657,178$67,662,028$5,200,313,522
97$7,147,119,118$219,548,003$69,546,330$5,727,407,378
98$7,875,730,847$229,911,433$71,481,710$6,308,118,504
99$8,678,648,547$240,770,248$73,469,502$6,947,909,223
100$9,563,451,038$252,148,329$75,511,069$7,652,798,706