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%13.4%
1 years$850,564$842,988$835,596$828,381$821,336$809,731
2 years$421,071$413,229$405,629$398,260$391,113$379,443
3 years$277,926$270,050$262,469$255,169$248,138$236,767
4 years$206,367$198,515$191,010$183,835$176,974$165,989
5 years$163,443$155,638$148,232$141,203$134,533$123,965
6 years$134,836$127,090$119,793$112,921$106,451$96,314
7 years$114,411$106,730$99,549$92,839$86,573$76,870
8 years$99,099$91,488$84,425$77,880$71,821$62,550
9 years$87,196$79,656$72,715$66,337$60,484$51,641
10 years$77,679$70,213$63,395$57,183$51,535$43,114
11 years$69,898$62,507$55,812$49,766$44,322$36,315
12 years$63,418$56,103$49,532$43,652$38,408$30,805
13 years$57,939$50,700$44,253$38,538$33,493$26,283
14 years$53,247$46,085$39,762$34,210$29,360$22,533
15 years$49,184$42,100$35,900$30,509$25,851$19,394
16 years$45,633$38,626$32,548$27,317$22,847$16,749
17 years$42,503$35,573$29,618$24,544$20,258$14,505
18 years$39,723$32,871$27,037$22,120$18,012$12,592
19 years$37,239$30,464$24,751$19,987$16,055$10,954
20 years$35,006$28,309$22,715$18,102$14,340$9,546
21 years$32,989$26,369$20,894$16,429$12,833$8,331
22 years$31,157$24,614$19,257$14,937$11,503$7,281
23 years$29,487$23,021$17,780$13,604$10,326$6,370
24 years$27,959$21,569$16,444$12,407$9,281$5,578
25 years$26,555$20,242$15,230$11,331$8,351$4,889
26 years$25,261$19,024$14,125$10,361$7,523$4,289
27 years$24,065$17,904$13,116$9,483$6,782$3,764
28 years$22,956$16,871$12,193$8,689$6,120$3,306
29 years$21,926$15,916$11,347$7,968$5,526$2,905
30 years$20,966$15,031$10,569$7,312$4,993$2,554
31 years$20,070$14,209$9,854$6,716$4,514$2,246
32 years$19,232$13,444$9,194$6,172$4,083$1,975
33 years$18,446$12,732$8,584$5,676$3,696$1,738
34 years$17,708$12,067$8,020$5,222$3,346$1,530
35 years$17,013$11,446$7,499$4,807$3,030$1,347
36 years$16,359$10,863$7,015$4,427$2,746$1,186
37 years$15,741$10,318$6,566$4,079$2,489$1,045
38 years$15,158$9,806$6,148$3,760$2,256$920
39 years$14,605$9,324$5,760$3,467$2,046$811
40 years$14,082$8,871$5,399$3,198$1,856$714
41 years$13,585$8,445$5,063$2,950$1,684$629
42 years$13,113$8,042$4,749$2,723$1,528$555
43 years$12,665$7,663$4,456$2,513$1,386$489
44 years$12,238$7,304$4,183$2,321$1,258$431
45 years$11,831$6,965$3,928$2,143$1,142$380
46 years$11,443$6,644$3,689$1,980$1,037$335
47 years$11,073$6,341$3,466$1,829$942$295
48 years$10,719$6,053$3,257$1,690$855$260
49 years$10,380$5,780$3,061$1,562$777$229
50 years$10,056$5,522$2,878$1,444$706$202

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 $5,329 every year, while hoping to spend $22,995 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: 74/18/8 Blend
29$10,300,000$10,300,000$10,300,000$10,300,000
30$11,356,097$10,810,197$10,650,547$12,181,960
31$12,489,952$11,315,430$10,982,874$13,232,078
32$13,738,690$11,844,649$11,325,563$14,378,726
33$15,114,004$12,399,005$11,678,937$15,634,227
34$16,628,781$12,979,704$12,043,329$17,009,344
35$18,297,218$13,588,011$12,419,083$18,515,923
36$20,134,964$14,225,253$12,806,551$20,167,003
37$22,159,260$14,892,820$13,206,100$21,976,939
38$24,389,106$15,592,169$13,618,106$23,961,530
39$26,845,438$16,324,829$14,042,956$26,138,171
40$29,551,329$17,092,402$14,481,051$28,526,011
41$32,532,201$17,896,567$14,932,803$31,146,135
42$35,816,072$18,739,084$15,398,638$34,021,757
43$39,433,813$19,621,802$15,878,995$37,178,437
44$43,419,446$20,546,654$16,374,325$40,644,323
45$47,810,460$21,515,670$16,885,096$44,450,408
46$52,648,168$22,530,979$17,411,787$48,630,823
47$57,978,094$23,594,811$17,954,895$53,223,155
48$63,850,408$24,709,504$18,514,932$58,268,799
49$70,320,391$25,877,512$19,092,424$63,813,345
50$77,448,966$27,101,405$19,687,916$69,907,003
51$85,303,267$28,383,879$20,301,966$76,605,076
52$93,957,272$29,727,762$20,935,155$83,968,473
53$103,492,509$31,136,017$21,588,077$92,064,286
54$113,998,814$32,611,751$22,261,347$100,966,415
55$125,575,190$34,158,224$22,955,599$110,756,261
56$138,330,734$35,778,852$23,671,487$121,523,489
57$152,385,670$37,477,216$24,409,682$133,366,873
58$167,872,483$39,257,075$25,170,882$146,395,219
59$184,937,171$41,122,366$25,955,801$160,728,386
60$203,740,620$43,077,220$26,765,178$176,498,418
61$224,460,127$45,125,967$27,599,774$193,850,775
62$247,291,069$47,273,148$28,460,376$212,945,707
63$272,448,751$49,523,526$29,347,792$233,959,757
64$300,170,438$51,882,093$30,262,857$257,087,421
65$330,717,592$54,354,085$31,206,433$282,542,977
66$364,378,344$56,944,992$32,179,405$310,562,500
67$401,470,210$59,660,572$33,182,691$341,406,081
68$442,343,093$62,506,862$34,217,232$375,360,276
69$487,382,582$65,490,191$35,284,003$412,740,803
70$537,013,595$68,617,200$36,384,006$453,895,509
71$591,704,387$71,894,848$37,518,276$499,207,648
72$651,970,976$75,330,437$38,687,879$549,099,488
73$718,382,007$78,931,621$39,893,915$604,036,286
74$791,564,129$82,706,427$41,137,519$664,530,669
75$872,207,903$86,663,275$42,419,858$731,147,464
76$961,074,325$90,810,991$43,742,139$804,509,014
77$1,059,002,010$95,158,833$45,105,605$885,301,045
78$1,166,915,110$99,716,511$46,511,537$974,279,121
79$1,285,832,034$104,494,203$47,961,257$1,072,275,770
80$1,416,875,070$109,502,588$49,456,128$1,180,208,321
81$1,561,280,973$114,752,860$50,997,554$1,299,087,555
82$1,720,412,645$120,256,763$52,586,984$1,430,027,227
83$1,895,771,999$126,026,608$54,225,912$1,574,254,567
84$2,089,014,140$132,075,310$55,915,878$1,733,121,848
85$2,301,962,992$138,416,410$57,658,470$1,908,119,128
86$2,536,628,514$145,064,110$59,455,325$2,100,888,308
87$2,795,225,675$152,033,304$61,308,131$2,313,238,604
88$3,080,195,370$159,339,613$63,218,630$2,547,163,609
89$3,394,227,460$166,999,415$65,188,615$2,804,860,092
90$3,740,286,165$175,029,891$67,219,939$3,088,748,715
91$4,121,638,055$183,449,057$69,314,508$3,401,496,858
92$4,541,882,883$192,275,807$71,474,290$3,746,043,779
93$5,004,987,572$201,529,957$73,701,314$4,125,628,334
94$5,515,323,668$211,232,288$75,997,671$4,543,819,529
95$6,077,708,607$221,404,595$78,365,518$5,004,550,180
96$6,697,451,201$232,069,736$80,807,078$5,512,154,019
97$7,380,401,753$243,251,682$83,324,645$6,071,406,566
98$8,133,007,293$254,975,576$85,920,582$6,687,570,189
99$8,962,372,442$267,267,784$88,597,327$7,366,443,744
100$9,876,326,486$280,155,961$91,357,392$8,114,417,287