Can I retire at age 30 with 10,400,000?

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 $10,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$858,822$851,172$843,709$836,424$829,311$814,901
2 years$425,160$417,241$409,567$402,127$394,910$380,439
3 years$280,624$272,672$265,017$257,647$250,547$236,466
4 years$208,371$200,443$192,865$185,620$178,692$165,110
5 years$165,030$157,149$149,671$142,574$135,839$122,793
6 years$136,145$128,324$120,956$114,017$107,485$94,991
7 years$115,522$107,767$100,515$93,740$87,414$75,475
8 years$100,061$92,376$85,245$78,636$72,518$61,133
9 years$88,043$80,430$73,421$66,981$61,071$50,231
10 years$78,433$70,895$64,010$57,738$52,035$41,733
11 years$70,576$63,114$56,354$50,249$44,752$34,975
12 years$64,033$56,647$50,013$44,075$38,781$29,517
13 years$58,502$51,193$44,683$38,912$33,818$25,052
14 years$53,764$46,533$40,148$34,542$29,645$21,362
15 years$49,662$42,508$36,248$30,805$26,102$18,286
16 years$46,076$39,001$32,864$27,583$23,069$15,704
17 years$42,915$35,918$29,905$24,783$20,454$13,523
18 years$40,109$33,190$27,299$22,334$18,187$11,672
19 years$37,601$30,760$24,991$20,181$16,210$10,094
20 years$35,346$28,584$22,936$18,278$14,479$8,744
21 years$33,309$26,625$21,097$16,588$12,957$7,585
22 years$31,460$24,853$19,444$15,082$11,615$6,589
23 years$29,774$23,245$17,953$13,736$10,426$5,729
24 years$28,230$21,779$16,603$12,528$9,371$4,986
25 years$26,813$20,438$15,378$11,441$8,432$4,343
26 years$25,506$19,209$14,262$10,461$7,596$3,785
27 years$24,299$18,078$13,244$9,575$6,848$3,301
28 years$23,179$17,034$12,312$8,773$6,179$2,880
29 years$22,139$16,070$11,457$8,045$5,580$2,514
30 years$21,170$15,176$10,672$7,383$5,042$2,196
31 years$20,265$14,347$9,949$6,781$4,558$1,918
32 years$19,418$13,575$9,283$6,232$4,123$1,676
33 years$18,625$12,856$8,667$5,731$3,731$1,465
34 years$17,880$12,184$8,098$5,273$3,378$1,281
35 years$17,178$11,557$7,571$4,854$3,060$1,120
36 years$16,518$10,969$7,083$4,470$2,772$980
37 years$15,894$10,418$6,629$4,119$2,513$857
38 years$15,305$9,901$6,208$3,796$2,278$750
39 years$14,747$9,415$5,816$3,501$2,066$656
40 years$14,218$8,957$5,452$3,229$1,874$574
41 years$13,717$8,527$5,112$2,979$1,700$502
42 years$13,241$8,120$4,795$2,749$1,543$440
43 years$12,788$7,737$4,500$2,538$1,400$385
44 years$12,357$7,375$4,224$2,343$1,271$337
45 years$11,946$7,033$3,966$2,164$1,154$295
46 years$11,554$6,709$3,725$1,999$1,047$258
47 years$11,180$6,402$3,499$1,847$951$226
48 years$10,823$6,112$3,288$1,707$864$198
49 years$10,481$5,837$3,091$1,577$784$173
50 years$10,154$5,575$2,906$1,458$713$152

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $10,400,000, adding $2,095 every year, while hoping to spend $51,043 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: 51/35/14 Blend
29$10,400,000$10,400,000$10,400,000$10,400,000
30$11,462,961$10,911,761$10,750,561$12,004,005
31$12,577,874$11,392,128$11,056,395$12,855,397
32$13,804,797$11,894,322$11,370,765$13,774,946
33$15,155,101$12,419,359$11,693,900$14,773,496
34$16,641,317$12,968,303$12,026,041$15,858,515
35$18,277,248$13,542,267$12,367,431$17,038,207
36$20,078,108$14,142,419$12,718,321$18,321,586
37$22,060,659$14,769,981$13,078,968$19,718,557
38$24,243,368$15,426,232$13,449,635$21,240,011
39$26,646,589$16,112,514$13,830,595$22,897,915
40$29,292,745$16,830,232$14,222,125$24,705,430
41$32,206,548$17,580,856$14,624,509$26,677,026
42$35,415,226$18,365,928$15,038,040$28,828,612
43$38,948,783$19,187,062$15,463,018$31,177,689
44$42,840,280$20,045,950$15,899,751$33,743,503
45$47,126,150$20,944,363$16,348,554$36,547,227
46$51,846,538$21,884,158$16,809,751$39,612,150
47$57,045,682$22,867,278$17,283,674$42,963,898
48$62,772,328$23,895,761$17,770,663$46,630,665
49$69,080,193$24,971,741$18,271,069$50,643,476
50$76,028,471$26,097,455$18,785,248$55,036,470
51$83,682,389$27,275,244$19,313,568$59,847,221
52$92,113,827$28,507,565$19,856,406$65,117,082
53$101,401,989$29,796,988$20,414,148$70,891,569
54$111,634,159$31,146,208$20,987,189$77,220,783
55$122,906,520$32,558,048$21,575,936$84,159,876
56$135,325,060$34,035,468$22,180,805$91,769,563
57$149,006,577$35,581,566$22,802,223$100,116,686
58$164,079,777$37,199,591$23,440,626$109,274,837
59$180,686,490$38,892,948$24,096,463$119,325,044
60$198,983,012$40,665,202$24,770,194$130,356,521
61$219,141,573$42,520,091$25,462,290$142,467,508
62$241,351,971$44,461,532$26,173,234$155,766,183
63$265,823,354$46,493,630$26,903,519$170,371,670
64$292,786,203$48,620,685$27,653,654$186,415,156
65$322,494,502$50,847,205$28,424,158$204,041,117
66$355,228,137$53,177,913$29,215,563$223,408,665
67$391,295,537$55,617,761$30,028,415$244,693,041
68$431,036,587$58,171,937$30,863,272$268,087,253
69$474,825,835$60,845,878$31,720,708$293,803,884
70$523,076,027$63,645,283$32,601,308$322,077,083
71$576,242,004$66,576,124$33,505,674$353,164,760
72$634,824,996$69,644,661$34,434,421$387,351,004
73$699,377,352$72,857,456$35,388,181$424,948,747
74$770,507,754$76,221,383$36,367,597$466,302,698
75$848,886,966$79,743,652$37,373,332$511,792,583
76$935,254,161$83,431,815$38,406,064$561,836,703
77$1,030,423,902$87,293,792$39,466,484$616,895,869
78$1,135,293,833$91,337,880$40,555,304$677,477,722
79$1,250,853,147$95,572,780$41,673,250$744,141,509
80$1,378,191,931$100,007,608$42,821,066$817,503,337
81$1,518,511,451$104,651,925$43,999,515$898,241,962
82$1,673,135,497$109,515,746$45,209,377$987,105,171
83$1,843,522,875$114,609,575$46,451,448$1,084,916,814
84$2,031,281,184$119,944,420$47,726,547$1,192,584,555
85$2,238,181,988$125,531,820$49,035,510$1,311,108,407
86$2,466,177,543$131,383,872$50,379,192$1,441,590,141
87$2,717,419,226$137,513,255$51,758,468$1,585,243,658
88$2,994,277,845$143,933,262$53,174,235$1,743,406,410
89$3,299,366,021$150,657,829$54,627,409$1,917,551,991
90$3,635,562,855$157,701,562$56,118,926$2,109,304,013
91$4,006,041,103$165,079,775$57,649,747$2,320,451,391
92$4,414,297,134$172,808,522$59,220,852$2,552,965,191
93$4,864,183,934$180,904,633$60,833,243$2,809,017,192
94$5,359,947,486$189,385,750$62,487,947$3,091,000,349
95$5,906,266,849$198,270,371$64,186,013$3,401,551,331
96$6,508,298,336$207,577,888$65,928,512$3,743,575,363
97$7,171,724,190$217,328,629$67,716,542$4,120,273,606
98$7,902,806,234$227,543,908$69,551,222$4,535,173,314
99$8,708,444,981$238,246,070$71,433,699$4,992,161,086
100$9,596,244,784$249,458,543$73,365,143$5,495,519,493