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%12%
1 years$858,822$851,172$843,709$836,424$829,311$822,362
2 years$425,160$417,241$409,567$402,127$394,910$387,907
3 years$280,624$272,672$265,017$257,647$250,547$243,706
4 years$208,371$200,443$192,865$185,620$178,692$172,066
5 years$165,030$157,149$149,671$142,574$135,839$129,448
6 years$136,145$128,324$120,956$114,017$107,485$101,336
7 years$115,522$107,767$100,515$93,740$87,414$81,511
8 years$100,061$92,376$85,245$78,636$72,518$66,860
9 years$88,043$80,430$73,421$66,981$61,071$55,657
10 years$78,433$70,895$64,010$57,738$52,035$46,862
11 years$70,576$63,114$56,354$50,249$44,752$39,815
12 years$64,033$56,647$50,013$44,075$38,781$34,076
13 years$58,502$51,193$44,683$38,912$33,818$29,340
14 years$53,764$46,533$40,148$34,542$29,645$25,387
15 years$49,662$42,508$36,248$30,805$26,102$22,059
16 years$46,076$39,001$32,864$27,583$23,069$19,235
17 years$42,915$35,918$29,905$24,783$20,454$16,823
18 years$40,109$33,190$27,299$22,334$18,187$14,751
19 years$37,601$30,760$24,991$20,181$16,210$12,963
20 years$35,346$28,584$22,936$18,278$14,479$11,413
21 years$33,309$26,625$21,097$16,588$12,957$10,066
22 years$31,460$24,853$19,444$15,082$11,615$8,890
23 years$29,774$23,245$17,953$13,736$10,426$7,862
24 years$28,230$21,779$16,603$12,528$9,371$6,960
25 years$26,813$20,438$15,378$11,441$8,432$6,168
26 years$25,506$19,209$14,262$10,461$7,596$5,470
27 years$24,299$18,078$13,244$9,575$6,848$4,855
28 years$23,179$17,034$12,312$8,773$6,179$4,312
29 years$22,139$16,070$11,457$8,045$5,580$3,832
30 years$21,170$15,176$10,672$7,383$5,042$3,408
31 years$20,265$14,347$9,949$6,781$4,558$3,031
32 years$19,418$13,575$9,283$6,232$4,123$2,698
33 years$18,625$12,856$8,667$5,731$3,731$2,402
34 years$17,880$12,184$8,098$5,273$3,378$2,139
35 years$17,178$11,557$7,571$4,854$3,060$1,905
36 years$16,518$10,969$7,083$4,470$2,772$1,697
37 years$15,894$10,418$6,629$4,119$2,513$1,513
38 years$15,305$9,901$6,208$3,796$2,278$1,349
39 years$14,747$9,415$5,816$3,501$2,066$1,202
40 years$14,218$8,957$5,452$3,229$1,874$1,072
41 years$13,717$8,527$5,112$2,979$1,700$956
42 years$13,241$8,120$4,795$2,749$1,543$853
43 years$12,788$7,737$4,500$2,538$1,400$761
44 years$12,357$7,375$4,224$2,343$1,271$679
45 years$11,946$7,033$3,966$2,164$1,154$605
46 years$11,554$6,709$3,725$1,999$1,047$540
47 years$11,180$6,402$3,499$1,847$951$482
48 years$10,823$6,112$3,288$1,707$864$430
49 years$10,481$5,837$3,091$1,577$784$384
50 years$10,154$5,575$2,906$1,458$713$343

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 $2,980 every year, while hoping to spend $47,723 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: 59/29/12 Blend
29$10,400,000$10,400,000$10,400,000$10,400,000
30$11,463,874$10,912,674$10,751,474$12,106,483
31$12,582,412$11,396,618$11,060,871$13,023,549
32$13,813,442$11,902,676$11,379,034$14,017,471
33$15,168,387$12,431,881$11,706,206$15,100,124
34$16,659,834$12,985,315$12,042,635$16,280,051
35$18,301,654$13,564,112$12,388,580$17,566,647
36$20,109,128$14,169,459$12,744,303$18,970,242
37$22,099,097$14,802,601$13,110,076$20,502,197
38$24,290,116$15,464,839$13,486,175$22,175,009
39$26,702,632$16,157,541$13,872,885$24,002,421
40$29,359,175$16,882,134$14,270,501$25,999,553
41$32,284,571$17,640,119$14,679,323$28,183,041
42$35,506,176$18,433,063$15,099,659$30,571,187
43$39,054,134$19,262,612$15,531,826$33,184,130
44$42,961,664$20,130,489$15,976,151$36,044,032
45$47,265,369$21,038,497$16,432,967$39,175,281
46$52,005,582$21,988,529$16,902,616$42,604,722
47$57,226,750$22,982,565$17,385,452$46,361,898
48$62,977,849$24,022,682$17,881,836$50,479,329
49$69,312,852$25,111,055$18,392,139$54,992,815
50$76,291,229$26,249,963$18,916,742$59,941,764
51$83,978,517$27,441,794$19,456,036$65,369,561
52$92,446,934$28,689,051$20,010,422$71,323,973
53$101,776,062$29,994,355$20,580,312$77,857,590
54$112,053,597$31,360,455$21,166,129$85,028,320
55$123,376,176$32,790,229$21,768,306$92,899,924
56$135,850,292$34,286,696$22,387,290$101,542,615
57$149,593,294$35,853,016$23,023,537$111,033,710
58$164,734,499$37,492,504$23,677,515$121,458,355
59$181,416,413$39,208,631$24,349,706$132,910,320
60$199,796,070$41,005,037$25,040,604$145,492,874
61$220,046,520$42,885,535$25,750,716$159,319,754
62$242,358,461$44,854,122$26,480,560$174,516,229
63$266,942,036$46,914,987$27,230,671$191,220,270
64$294,028,821$49,072,518$28,001,596$209,583,847
65$323,874,007$51,331,318$28,793,896$229,774,350
66$356,758,811$53,696,207$29,608,146$251,976,158
67$392,993,129$56,172,240$30,444,938$276,392,371
68$432,918,462$58,764,714$31,304,877$303,246,713
69$476,911,140$61,479,180$32,188,586$332,785,633
70$525,385,873$64,321,457$33,096,701$365,280,616
71$578,799,669$67,297,644$34,029,876$401,030,736
72$637,656,140$70,414,135$34,988,783$440,365,462
73$702,510,268$73,677,629$35,974,108$483,647,753
74$773,973,632$77,095,150$36,986,558$531,277,473
75$852,720,191$80,674,059$38,026,855$583,695,144
76$939,492,637$84,422,075$39,095,742$641,386,091
77$1,035,109,415$88,347,286$40,193,978$704,885,006
78$1,140,472,443$92,458,170$41,322,344$774,780,974
79$1,256,575,628$96,763,617$42,481,639$851,723,017
80$1,384,514,251$101,272,943$43,672,683$936,426,202
81$1,525,495,303$105,995,916$44,896,316$1,029,678,366
82$1,680,848,881$110,942,772$46,153,399$1,132,347,533
83$1,852,040,745$116,124,246$47,444,816$1,245,390,087
84$2,040,686,155$121,551,589$48,771,472$1,369,859,773
85$2,248,565,121$127,236,594$50,134,294$1,506,917,620
86$2,477,639,203$133,191,628$51,534,234$1,657,842,878
87$2,730,070,037$139,429,653$52,972,265$1,824,045,062
88$3,008,239,732$145,964,257$54,449,387$2,007,077,231
89$3,314,773,366$152,809,687$55,966,623$2,208,650,620
90$3,652,563,766$159,980,878$57,525,021$2,430,650,760
91$4,024,798,817$167,493,488$59,125,657$2,675,155,250
92$4,434,991,560$175,363,933$60,769,630$2,944,453,328
93$4,887,013,357$183,609,423$62,458,070$3,241,067,452
94$5,385,130,435$192,248,000$64,192,131$3,567,777,071
95$5,934,044,169$201,298,582$65,972,997$3,927,644,828
96$6,538,935,462$210,781,001$67,801,881$4,324,045,427
97$7,205,513,659$220,716,050$69,680,024$4,760,697,449
98$7,940,070,446$231,125,530$71,608,698$5,241,698,415
99$8,749,539,249$242,032,298$73,589,207$5,771,563,413
100$9,641,560,690$253,460,318$75,622,883$6,355,267,682