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%19.6%
1 years$883,596$875,725$868,047$860,552$853,233$820,352
2 years$437,424$429,277$421,382$413,727$406,301$373,566
3 years$288,719$280,537$272,662$265,079$257,774$226,216
4 years$214,381$206,225$198,428$190,974$183,847$153,705
5 years$169,790$161,683$153,988$146,687$139,757$111,109
6 years$140,073$132,026$124,445$117,306$110,585$83,450
7 years$118,854$110,875$103,415$96,444$89,935$64,305
8 years$102,948$95,041$87,704$80,905$74,610$50,460
9 years$90,582$82,750$75,539$68,913$62,833$40,127
10 years$80,696$72,940$65,857$59,403$53,536$32,232
11 years$72,612$64,934$57,979$51,699$46,043$26,093
12 years$65,881$58,281$51,455$45,347$39,900$21,252
13 years$60,189$52,669$45,972$40,034$34,794$17,392
14 years$55,315$47,875$41,306$35,538$30,500$14,289
15 years$51,094$43,735$37,294$31,694$26,854$11,776
16 years$47,405$40,126$33,812$28,378$23,734$9,729
17 years$44,153$36,954$30,768$25,498$21,044$8,055
18 years$41,266$34,147$28,087$22,979$18,712$6,680
19 years$38,685$31,648$25,712$20,763$16,678$5,547
20 years$36,366$29,408$23,597$18,805$14,897$4,612
21 years$34,270$27,393$21,705$17,067$13,331$3,838
22 years$32,367$25,570$20,005$15,518$11,950$3,197
23 years$30,633$23,915$18,471$14,132$10,727$2,664
24 years$29,045$22,407$17,082$12,889$9,641$2,222
25 years$27,586$21,028$15,822$11,771$8,676$1,853
26 years$26,242$19,763$14,674$10,763$7,815$1,547
27 years$25,000$18,599$13,626$9,852$7,046$1,291
28 years$23,848$17,526$12,667$9,026$6,357$1,078
29 years$22,778$16,534$11,788$8,277$5,741$900
30 years$21,781$15,614$10,980$7,596$5,187$752
31 years$20,850$14,761$10,236$6,977$4,690$628
32 years$19,979$13,967$9,551$6,412$4,242$525
33 years$19,162$13,227$8,917$5,896$3,839$439
34 years$18,395$12,536$8,332$5,425$3,476$367
35 years$17,674$11,890$7,790$4,994$3,148$307
36 years$16,994$11,285$7,287$4,599$2,852$256
37 years$16,353$10,718$6,821$4,238$2,585$214
38 years$15,746$10,186$6,387$3,906$2,344$179
39 years$15,172$9,686$5,984$3,602$2,125$150
40 years$14,629$9,216$5,609$3,322$1,928$125
41 years$14,113$8,772$5,259$3,065$1,749$105
42 years$13,623$8,355$4,933$2,828$1,587$87
43 years$13,157$7,960$4,629$2,611$1,440$73
44 years$12,713$7,588$4,345$2,411$1,307$61
45 years$12,290$7,236$4,080$2,226$1,187$51
46 years$11,887$6,903$3,832$2,057$1,078$43
47 years$11,503$6,587$3,600$1,900$979$36
48 years$11,135$6,288$3,383$1,756$889$30
49 years$10,783$6,005$3,180$1,623$807$25
50 years$10,447$5,736$2,990$1,500$733$21

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 $4,017 every year, while hoping to spend $28,705 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: 33/42/25 Blend
29$10,700,000$10,700,000$10,700,000$10,700,000
30$11,795,544$11,228,444$11,062,594$12,094,633
31$12,968,147$11,748,095$11,402,649$12,840,044
32$14,259,394$12,292,248$11,753,133$13,639,978
33$15,681,356$12,862,072$12,114,367$14,501,538
34$17,247,334$13,458,793$12,486,678$15,430,185
35$18,971,987$14,083,698$12,870,406$16,431,905
36$20,871,464$14,738,135$13,265,900$17,513,254
37$22,963,565$15,423,515$13,673,519$18,681,421
38$25,267,901$16,141,320$14,093,634$19,944,287
39$27,806,085$16,893,102$14,526,629$21,310,492
40$30,601,930$17,680,488$14,972,895$22,789,517
41$33,681,679$18,505,185$15,432,840$24,391,761
42$37,074,251$19,368,979$15,906,880$26,128,637
43$40,811,512$20,273,747$16,395,448$28,012,671
44$44,928,578$21,221,452$16,898,987$30,057,612
45$49,464,145$22,214,155$17,417,955$32,278,560
46$54,460,854$23,254,015$17,952,823$34,692,094
47$59,965,696$24,343,297$18,504,078$37,316,427
48$66,030,451$25,484,373$19,072,219$40,171,563
49$72,712,182$26,679,731$19,657,763$43,279,485
50$80,073,768$27,931,981$20,261,241$46,664,344
51$88,184,501$29,243,857$20,883,201$50,352,687
52$97,120,740$30,618,226$21,524,208$54,373,692
53$106,966,630$32,058,094$22,184,844$58,759,432
54$117,814,897$33,566,612$22,865,707$63,545,173
55$129,767,725$35,147,084$23,567,417$68,769,690
56$142,937,715$36,802,973$24,290,608$74,475,622
57$157,448,956$38,537,913$25,035,937$80,709,864
58$173,438,189$40,355,709$25,804,080$87,523,997
59$191,056,100$42,260,355$26,595,733$94,974,758
60$210,468,746$44,256,036$27,411,613$103,124,565
61$231,859,116$46,347,141$28,252,461$112,042,088
62$255,428,866$48,538,270$29,119,037$121,802,885
63$281,400,213$50,834,248$30,012,128$132,490,097
64$310,018,042$53,240,134$30,932,542$144,195,217
65$341,552,213$55,761,231$31,881,112$157,018,932
66$376,300,107$58,403,100$32,858,698$171,072,063
67$414,589,438$61,171,571$33,866,185$186,476,582
68$456,781,342$64,072,760$34,904,484$203,366,750
69$503,273,790$67,113,076$35,974,535$221,890,360
70$554,505,341$70,299,242$37,077,306$242,210,111
71$610,959,286$73,638,304$38,213,795$264,505,119
72$673,168,206$77,137,654$39,385,031$288,972,585
73$741,719,005$80,805,041$40,592,071$315,829,630
74$817,258,446$84,648,591$41,836,009$345,315,318
75$900,499,260$88,676,824$43,117,967$377,692,886
76$992,226,871$92,898,675$44,439,105$413,252,197
77$1,093,306,813$97,323,512$45,800,617$452,312,447
78$1,204,692,903$101,961,159$47,203,733$495,225,148
79$1,327,436,242$106,821,918$48,649,720$542,377,410
80$1,462,695,137$111,916,591$50,139,885$594,195,559
81$1,611,746,043$117,256,505$51,675,572$651,149,130
82$1,775,995,605$122,853,540$53,258,170$713,755,254
83$1,956,993,943$128,720,150$54,889,105$782,583,507
84$2,156,449,286$134,869,398$56,569,851$858,261,238
85$2,376,244,096$141,314,981$58,301,923$941,479,449
86$2,618,452,841$148,071,262$60,086,885$1,032,999,275
87$2,885,361,581$155,153,305$61,926,346$1,133,659,116
88$3,179,489,549$162,576,903$63,821,966$1,244,382,505
89$3,503,612,935$170,358,623$65,775,452$1,366,186,770
90$3,860,791,092$178,515,833$67,788,568$1,500,192,585
91$4,254,395,424$187,066,750$69,863,126$1,647,634,489
92$4,688,141,214$196,030,477$72,000,997$1,809,872,481
93$5,166,122,694$205,427,047$74,204,107$1,988,404,795
94$5,692,851,703$215,277,467$76,474,439$2,184,881,974
95$6,273,300,283$225,603,769$78,814,039$2,401,122,386
96$6,912,947,616$236,429,058$81,225,014$2,639,129,315
97$7,617,831,755$247,777,563$83,709,533$2,901,109,795
98$8,394,606,625$259,674,695$86,269,833$3,189,495,366
99$9,250,604,846$272,147,101$88,908,219$3,506,964,946
100$10,193,906,960$285,222,728$91,627,063$3,856,470,030