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%17.1%
1 years$883,596$875,725$868,047$860,552$853,233$828,577
2 years$437,424$429,277$421,382$413,727$406,301$381,657
3 years$288,719$280,537$272,662$265,079$257,774$233,913
4 years$214,381$206,225$198,428$190,974$183,847$160,952
5 years$169,790$161,683$153,988$146,687$139,757$117,892
6 years$140,073$132,026$124,445$117,306$110,585$89,769
7 years$118,854$110,875$103,415$96,444$89,935$70,168
8 years$102,948$95,041$87,704$80,905$74,610$55,880
9 years$90,582$82,750$75,539$68,913$62,833$45,122
10 years$80,696$72,940$65,857$59,403$53,536$36,820
11 years$72,612$64,934$57,979$51,699$46,043$30,294
12 years$65,881$58,281$51,455$45,347$39,900$25,087
13 years$60,189$52,669$45,972$40,034$34,794$20,883
14 years$55,315$47,875$41,306$35,538$30,500$17,458
15 years$51,094$43,735$37,294$31,694$26,854$14,645
16 years$47,405$40,126$33,812$28,378$23,734$12,321
17 years$44,153$36,954$30,768$25,498$21,044$10,389
18 years$41,266$34,147$28,087$22,979$18,712$8,778
19 years$38,685$31,648$25,712$20,763$16,678$7,429
20 years$36,366$29,408$23,597$18,805$14,897$6,296
21 years$34,270$27,393$21,705$17,067$13,331$5,342
22 years$32,367$25,570$20,005$15,518$11,950$4,537
23 years$30,633$23,915$18,471$14,132$10,727$3,856
24 years$29,045$22,407$17,082$12,889$9,641$3,280
25 years$27,586$21,028$15,822$11,771$8,676$2,792
26 years$26,242$19,763$14,674$10,763$7,815$2,377
27 years$25,000$18,599$13,626$9,852$7,046$2,025
28 years$23,848$17,526$12,667$9,026$6,357$1,726
29 years$22,778$16,534$11,788$8,277$5,741$1,471
30 years$21,781$15,614$10,980$7,596$5,187$1,254
31 years$20,850$14,761$10,236$6,977$4,690$1,070
32 years$19,979$13,967$9,551$6,412$4,242$913
33 years$19,162$13,227$8,917$5,896$3,839$779
34 years$18,395$12,536$8,332$5,425$3,476$664
35 years$17,674$11,890$7,790$4,994$3,148$567
36 years$16,994$11,285$7,287$4,599$2,852$484
37 years$16,353$10,718$6,821$4,238$2,585$413
38 years$15,746$10,186$6,387$3,906$2,344$353
39 years$15,172$9,686$5,984$3,602$2,125$301
40 years$14,629$9,216$5,609$3,322$1,928$257
41 years$14,113$8,772$5,259$3,065$1,749$219
42 years$13,623$8,355$4,933$2,828$1,587$187
43 years$13,157$7,960$4,629$2,611$1,440$160
44 years$12,713$7,588$4,345$2,411$1,307$137
45 years$12,290$7,236$4,080$2,226$1,187$117
46 years$11,887$6,903$3,832$2,057$1,078$100
47 years$11,503$6,587$3,600$1,900$979$85
48 years$11,135$6,288$3,383$1,756$889$73
49 years$10,783$6,005$3,180$1,623$807$62
50 years$10,447$5,736$2,990$1,500$733$53

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 $3,345 every year, while hoping to spend $52,527 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: 25/46/29 Blend
29$10,700,000$10,700,000$10,700,000$10,700,000
30$11,794,850$11,227,750$11,061,900$11,982,538
31$12,942,037$11,722,022$11,376,586$12,634,837
32$14,204,476$12,238,752$11,700,053$13,329,031
33$15,593,868$12,778,986$12,032,540$14,072,249
34$17,123,104$13,343,819$12,374,292$14,868,645
35$18,806,391$13,934,396$12,725,560$15,722,759
36$20,659,380$14,551,918$13,086,604$16,639,562
37$22,699,317$15,197,643$13,457,686$17,624,491
38$24,945,208$15,872,888$13,839,079$18,683,499
39$27,417,993$16,579,033$14,231,062$19,823,103
40$30,140,745$17,317,523$14,633,919$21,050,445
41$33,138,891$18,089,871$15,047,945$22,373,348
42$36,440,447$18,897,664$15,473,441$23,800,385
43$40,076,286$19,742,563$15,910,714$25,340,956
44$44,080,425$20,626,307$16,360,081$27,005,368
45$48,490,353$21,550,720$16,821,868$28,804,926
46$53,347,375$22,517,711$17,296,407$30,752,031
47$58,697,010$23,529,282$17,784,039$32,860,291
48$64,589,417$24,587,528$18,285,116$35,144,642
49$71,079,866$25,694,646$18,799,996$37,621,479
50$78,229,264$26,852,935$19,329,048$40,308,802
51$86,104,727$28,064,808$19,872,650$43,226,378
52$94,780,214$29,332,788$20,431,188$46,395,917
53$104,337,225$30,659,523$21,005,061$49,841,270
54$114,865,567$32,047,785$21,594,676$53,588,637
55$126,464,207$33,500,479$22,200,450$57,666,813
56$139,242,203$35,020,649$22,822,812$62,107,439
57$153,319,732$36,611,485$23,462,200$66,945,295
58$168,829,225$38,276,328$24,119,065$72,218,614
59$185,916,620$40,018,682$24,793,867$77,969,430
60$204,742,733$41,842,216$25,487,080$84,243,961
61$225,484,783$43,750,775$26,199,188$91,093,031
62$248,338,058$45,748,390$26,930,688$98,572,536
63$273,517,762$47,839,284$27,682,088$106,743,957
64$301,261,047$50,027,882$28,453,911$115,674,919
65$331,829,248$52,318,822$29,246,691$125,439,820
66$365,510,351$54,716,965$30,060,976$136,120,509
67$402,621,715$57,227,404$30,897,327$147,807,045
68$443,513,061$59,855,478$31,756,318$160,598,524
69$488,569,778$62,606,781$32,638,540$174,603,999
70$538,216,560$65,487,177$33,544,595$189,943,483
71$592,921,412$68,502,812$34,475,102$206,749,061
72$653,200,072$71,660,126$35,430,694$225,166,119
73$719,620,876$74,965,869$36,412,019$245,354,685
74$792,810,127$78,427,118$37,419,743$267,490,918
75$873,458,000$82,051,287$38,454,544$291,768,745
76$962,325,065$85,846,149$39,517,121$318,401,663
77$1,060,249,463$89,819,852$40,608,186$347,624,724
78$1,168,154,818$93,980,934$41,728,470$379,696,727
79$1,287,058,956$98,338,347$42,878,720$414,902,627
80$1,418,083,515$102,901,471$44,059,703$453,556,192
81$1,562,464,532$107,680,142$45,272,201$496,002,931
82$1,721,564,113$112,684,668$46,517,019$542,623,319
83$1,896,883,290$117,925,853$47,794,975$593,836,351
84$2,090,076,190$123,415,025$49,106,912$650,103,457
85$2,302,965,657$129,164,057$50,453,690$711,932,819
86$2,537,560,453$135,185,395$51,836,187$779,884,119
87$2,796,074,226$141,492,086$53,255,306$854,573,785
88$3,080,946,406$148,097,806$54,711,967$936,680,756
89$3,394,865,235$155,016,895$56,207,114$1,026,952,844
90$3,740,793,147$162,264,380$57,741,710$1,126,213,741
91$4,121,994,733$169,856,020$59,316,743$1,235,370,743
92$4,542,067,563$177,808,332$60,933,221$1,355,423,252
93$5,004,976,146$186,138,632$62,592,175$1,487,472,158
94$5,515,089,362$194,865,075$64,294,663$1,632,730,163
95$6,077,221,705$204,006,690$66,041,761$1,792,533,168
96$6,696,678,732$213,583,432$67,834,574$1,968,352,813
97$7,379,307,160$223,616,217$69,674,229$2,161,810,300
98$8,131,550,054$234,126,975$71,561,879$2,374,691,623
99$8,960,507,660$245,138,698$73,498,703$2,608,964,348
100$9,874,004,437$256,675,489$75,485,905$2,866,796,105