Can I retire at age 30 with 10,700,000?

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 $10,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$883,596$875,725$868,047$860,552$853,233$843,621
2 years$437,424$429,277$421,382$413,727$406,301$396,625
3 years$288,719$280,537$272,662$265,079$257,774$248,333
4 years$214,381$206,225$198,428$190,974$183,847$174,715
5 years$169,790$161,683$153,988$146,687$139,757$130,961
6 years$140,073$132,026$124,445$117,306$110,585$102,134
7 years$118,854$110,875$103,415$96,444$89,935$81,834
8 years$102,948$95,041$87,704$80,905$74,610$66,858
9 years$90,582$82,750$75,539$68,913$62,833$55,426
10 years$80,696$72,940$65,857$59,403$53,536$46,471
11 years$72,612$64,934$57,979$51,699$46,043$39,313
12 years$65,881$58,281$51,455$45,347$39,900$33,498
13 years$60,189$52,669$45,972$40,034$34,794$28,711
14 years$55,315$47,875$41,306$35,538$30,500$24,729
15 years$51,094$43,735$37,294$31,694$26,854$21,386
16 years$47,405$40,126$33,812$28,378$23,734$18,559
17 years$44,153$36,954$30,768$25,498$21,044$16,152
18 years$41,266$34,147$28,087$22,979$18,712$14,092
19 years$38,685$31,648$25,712$20,763$16,678$12,322
20 years$36,366$29,408$23,597$18,805$14,897$10,793
21 years$34,270$27,393$21,705$17,067$13,331$9,470
22 years$32,367$25,570$20,005$15,518$11,950$8,320
23 years$30,633$23,915$18,471$14,132$10,727$7,318
24 years$29,045$22,407$17,082$12,889$9,641$6,444
25 years$27,586$21,028$15,822$11,771$8,676$5,679
26 years$26,242$19,763$14,674$10,763$7,815$5,009
27 years$25,000$18,599$13,626$9,852$7,046$4,421
28 years$23,848$17,526$12,667$9,026$6,357$3,905
29 years$22,778$16,534$11,788$8,277$5,741$3,451
30 years$21,781$15,614$10,980$7,596$5,187$3,051
31 years$20,850$14,761$10,236$6,977$4,690$2,698
32 years$19,979$13,967$9,551$6,412$4,242$2,388
33 years$19,162$13,227$8,917$5,896$3,839$2,113
34 years$18,395$12,536$8,332$5,425$3,476$1,871
35 years$17,674$11,890$7,790$4,994$3,148$1,657
36 years$16,994$11,285$7,287$4,599$2,852$1,468
37 years$16,353$10,718$6,821$4,238$2,585$1,300
38 years$15,746$10,186$6,387$3,906$2,344$1,152
39 years$15,172$9,686$5,984$3,602$2,125$1,021
40 years$14,629$9,216$5,609$3,322$1,928$905
41 years$14,113$8,772$5,259$3,065$1,749$802
42 years$13,623$8,355$4,933$2,828$1,587$711
43 years$13,157$7,960$4,629$2,611$1,440$631
44 years$12,713$7,588$4,345$2,411$1,307$559
45 years$12,290$7,236$4,080$2,226$1,187$496
46 years$11,887$6,903$3,832$2,057$1,078$440
47 years$11,503$6,587$3,600$1,900$979$390
48 years$11,135$6,288$3,383$1,756$889$346
49 years$10,783$6,005$3,180$1,623$807$307
50 years$10,447$5,736$2,990$1,500$733$272

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $10,700,000, adding $6,584 every year, while hoping to spend $24,310 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: 48/38/14 Blend
29$10,700,000$10,700,000$10,700,000$10,700,000
30$11,798,191$11,231,091$11,065,241$12,318,248
31$12,975,741$11,755,549$11,410,061$13,202,436
32$14,272,586$12,304,891$11,765,618$14,158,898
33$15,700,869$12,880,310$12,132,245$15,196,884
34$17,273,970$13,483,057$12,510,288$16,324,021
35$19,006,633$14,114,445$12,900,100$17,548,680
36$20,915,106$14,775,848$13,302,049$18,880,059
37$23,017,291$15,468,709$13,716,512$20,328,257
38$25,332,917$16,194,538$14,143,878$21,904,367
39$27,883,725$16,954,921$14,584,549$23,620,580
40$30,693,671$17,751,519$15,038,937$25,490,290
41$33,789,155$18,586,072$15,507,471$27,528,216
42$37,199,267$19,460,408$15,990,589$29,750,540
43$40,956,064$20,376,440$16,488,746$32,175,045
44$45,094,873$21,336,176$17,002,409$34,821,286
45$49,654,620$22,341,719$17,532,060$37,710,763
46$54,678,204$23,395,276$18,078,197$40,867,119
47$60,212,897$24,499,160$18,641,332$44,316,354
48$66,310,789$25,655,796$19,221,994$48,087,066
49$73,029,287$26,867,727$19,820,728$52,210,713
50$80,431,647$28,137,618$20,438,095$56,721,899
51$88,587,579$29,468,265$21,074,675$61,658,696
52$97,573,901$30,862,600$21,731,066$67,062,993
53$107,475,265$32,323,693$22,407,883$72,980,882
54$118,384,956$33,854,769$23,105,761$79,463,082
55$130,405,773$35,459,204$23,825,356$86,565,412
56$143,650,999$37,140,541$24,567,342$94,349,303
57$158,245,468$38,902,495$25,332,415$102,882,369
58$174,326,748$40,748,960$26,121,294$112,239,036
59$192,046,437$42,684,019$26,934,717$122,501,226
60$211,571,592$44,711,954$27,773,448$133,759,124
61$233,086,310$46,837,256$28,638,275$146,112,013
62$256,793,463$49,064,631$29,530,007$159,669,199
63$282,916,615$51,399,017$30,449,481$174,551,027
64$311,702,130$53,845,589$31,397,559$190,890,002
65$343,421,501$56,409,776$32,375,130$208,832,026
66$378,373,908$59,097,270$33,383,112$228,537,754
67$416,889,049$61,914,038$34,422,448$250,184,099
68$459,330,246$64,866,340$35,494,113$273,965,879
69$506,097,878$67,960,737$36,599,113$300,097,643
70$557,633,160$71,204,112$37,738,483$328,815,667
71$614,422,311$74,603,682$38,913,290$360,380,172
72$677,001,137$78,167,013$40,124,636$395,077,757
73$745,960,099$81,902,042$41,373,656$433,224,077
74$821,949,876$85,817,090$42,661,521$475,166,804
75$905,687,520$89,920,883$43,989,438$521,288,882
76$997,963,213$94,222,573$45,358,651$572,012,114
77$1,099,647,738$98,731,756$46,770,443$627,801,121
78$1,211,700,691$103,458,496$48,226,137$689,167,694
79$1,335,179,545$108,413,346$49,727,096$756,675,597
80$1,471,249,632$113,607,373$51,274,727$830,945,861
81$1,621,195,144$119,052,184$52,870,479$912,662,608
82$1,786,431,256$124,759,948$54,515,848$1,002,579,477
83$1,968,517,490$130,743,431$56,212,374$1,101,526,704
84$2,169,172,431$137,016,017$57,961,647$1,210,418,917
85$2,390,289,961$143,591,744$59,765,304$1,330,263,738
86$2,633,957,130$150,485,332$61,625,034$1,462,171,245
87$2,902,473,865$157,712,221$63,542,580$1,607,364,413
88$3,198,374,679$165,288,600$65,519,737$1,767,190,613
89$3,524,452,604$173,231,448$67,558,355$1,943,134,283
90$3,883,785,553$181,558,573$69,660,344$2,136,830,891
91$4,279,765,385$190,288,649$71,827,671$2,350,082,323
92$4,716,129,922$199,441,260$74,062,366$2,584,873,839
93$5,196,998,238$209,036,946$76,366,519$2,843,392,755
94$5,726,909,549$219,097,247$78,742,288$3,128,049,032
95$6,310,866,065$229,644,754$81,191,897$3,441,497,967
96$6,954,380,215$240,703,158$83,717,637$3,786,665,191
97$7,663,526,692$252,297,308$86,321,872$4,166,774,219
98$8,444,999,799$264,453,261$89,007,040$4,585,376,813
99$9,306,176,655$277,198,347$91,775,652$5,046,386,430
100$10,255,186,837$290,561,229$94,630,300$5,554,115,092