Can I retire at age 30 with 9,000,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $9,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$743,212$736,591$730,133$723,828$717,673$712,255
2 years$367,927$361,074$354,433$347,994$341,749$336,286
3 years$242,848$235,966$229,342$222,963$216,820$211,482
4 years$180,321$173,460$166,902$160,633$154,638$149,466
5 years$142,814$135,995$129,523$123,381$117,553$112,562
6 years$117,818$111,050$104,674$98,669$93,016$88,212
7 years$99,971$93,260$86,984$81,121$75,647$71,033
8 years$86,591$79,941$73,770$68,051$62,756$58,332
9 years$76,191$69,603$63,538$57,964$52,850$48,614
10 years$67,875$61,351$55,394$49,966$45,031$40,981
11 years$61,076$54,618$48,768$43,485$38,728$34,862
12 years$55,414$49,022$43,280$38,142$33,561$29,874
13 years$50,626$44,301$38,668$33,674$29,266$25,755
14 years$46,527$40,269$34,743$29,892$25,654$22,315
15 years$42,977$36,786$31,369$26,658$22,588$19,416
16 years$39,873$33,751$28,440$23,870$19,963$16,953
17 years$37,138$31,083$25,879$21,447$17,701$14,848
18 years$34,710$28,722$23,625$19,328$15,739$13,037
19 years$32,539$26,619$21,627$17,464$14,028$11,474
20 years$30,588$24,736$19,848$15,817$12,530$10,117
21 years$28,825$23,041$18,257$14,355$11,213$8,935
22 years$27,225$21,508$16,826$13,052$10,051$7,904
23 years$25,766$20,116$15,536$11,887$9,022$7,000
24 years$24,430$18,847$14,368$10,841$8,110$6,207
25 years$23,203$17,687$13,308$9,901$7,297$5,509
26 years$22,073$16,623$12,342$9,053$6,573$4,893
27 years$21,028$15,644$11,461$8,286$5,926$4,350
28 years$20,059$14,741$10,654$7,592$5,347$3,870
29 years$19,159$13,907$9,915$6,962$4,829$3,445
30 years$18,320$13,133$9,235$6,390$4,363$3,068
31 years$17,537$12,416$8,610$5,868$3,944$2,734
32 years$16,804$11,748$8,033$5,393$3,568$2,437
33 years$16,118$11,125$7,501$4,959$3,229$2,173
34 years$15,473$10,544$7,008$4,563$2,924$1,938
35 years$14,866$10,001$6,552$4,201$2,648$1,729
36 years$14,294$9,492$6,129$3,869$2,399$1,544
37 years$13,754$9,016$5,737$3,564$2,175$1,378
38 years$13,244$8,568$5,372$3,285$1,971$1,230
39 years$12,762$8,147$5,033$3,029$1,788$1,099
40 years$12,304$7,752$4,718$2,794$1,622$981
41 years$11,870$7,379$4,424$2,578$1,471$877
42 years$11,458$7,027$4,150$2,379$1,335$783
43 years$11,066$6,696$3,894$2,196$1,211$700
44 years$10,693$6,382$3,655$2,028$1,100$626
45 years$10,338$6,086$3,432$1,873$998$559
46 years$9,999$5,806$3,223$1,730$906$500
47 years$9,675$5,541$3,028$1,598$823$447
48 years$9,366$5,289$2,846$1,477$747$399
49 years$9,070$5,051$2,675$1,365$679$357
50 years$8,787$4,825$2,515$1,262$617$319

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $9,000,000, adding $3,582 every year, while hoping to spend $21,772 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: 64/10/26 Blend
29$9,000,000$9,000,000$9,000,000$9,000,000
30$9,921,695$9,444,695$9,305,195$10,488,429
31$10,910,542$9,884,320$9,593,754$11,311,618
32$11,999,523$10,344,756$9,891,249$12,207,951
33$13,198,827$10,827,002$10,197,959$13,186,859
34$14,519,683$11,332,101$10,514,166$14,256,447
35$15,974,466$11,861,149$10,840,166$15,425,635
36$17,576,810$12,415,294$11,176,260$16,704,244
37$19,341,742$12,995,741$11,522,762$18,103,079
38$21,285,817$13,603,750$11,879,993$19,634,038
39$23,427,282$14,240,645$12,248,284$21,310,216
40$25,786,241$14,907,813$12,627,977$23,146,029
41$28,384,849$15,606,707$13,019,426$25,157,352
42$31,247,520$16,338,852$13,422,993$27,361,660
43$34,401,157$17,105,846$13,839,054$29,778,195
44$37,875,406$17,909,364$14,267,993$32,428,146
45$41,702,937$18,751,162$14,710,210$35,334,846
46$45,919,750$19,633,082$15,166,115$38,523,988
47$50,565,515$20,557,053$15,636,131$42,023,868
48$55,683,950$21,525,101$16,120,694$45,865,647
49$61,323,229$22,539,347$16,620,253$50,083,646
50$67,536,439$23,602,016$17,135,272$54,715,665
51$74,382,081$24,715,440$17,666,229$59,803,334
52$81,924,622$25,882,065$18,213,617$65,392,512
53$90,235,102$27,104,456$18,777,942$71,533,707
54$99,391,808$28,385,299$19,359,728$78,282,554
55$109,481,008$29,727,415$19,959,515$85,700,340
56$120,597,771$31,133,758$20,577,859$93,854,572
57$132,846,860$32,607,428$21,215,333$102,819,618
58$146,343,721$34,151,673$21,872,527$112,677,399
59$161,215,575$35,769,901$22,550,053$123,518,163
60$177,602,621$37,465,682$23,248,536$135,441,333
61$195,659,351$39,242,763$23,968,624$148,556,436
62$215,556,017$41,105,071$24,710,986$162,984,138
63$237,480,235$43,056,724$25,476,308$178,857,379
64$261,638,754$45,102,039$26,265,300$196,322,618
65$288,259,411$47,245,543$27,078,692$215,541,216
66$317,593,282$49,491,985$27,917,238$236,690,951
67$349,917,046$51,846,342$28,781,715$259,967,692
68$385,535,605$54,313,834$29,672,924$285,587,242
69$424,784,959$56,899,934$30,591,689$313,787,370
70$468,035,376$59,610,381$31,538,861$344,830,052
71$515,694,889$62,451,195$32,515,318$379,003,932
72$568,213,150$65,428,685$33,521,963$416,627,044
73$626,085,671$68,549,470$34,559,728$458,049,809
74$689,858,504$71,820,489$35,629,574$503,658,332
75$760,133,397$75,249,019$36,732,490$553,878,045
76$837,573,473$78,842,691$37,869,499$609,177,709
77$922,909,491$82,609,506$39,041,650$670,073,836
78$1,016,946,744$86,557,856$40,250,030$737,135,555
79$1,120,572,661$90,696,541$41,495,756$810,989,976
80$1,234,765,189$95,034,788$42,779,980$892,328,103
81$1,360,602,019$99,582,273$44,103,890$981,911,345
82$1,499,270,766$104,349,145$45,468,711$1,080,578,696
83$1,652,080,176$109,346,045$46,875,705$1,189,254,645
84$1,820,472,485$114,584,133$48,326,172$1,308,957,892
85$2,006,037,034$120,075,110$49,821,454$1,440,810,956
86$2,210,525,272$125,831,251$51,362,933$1,586,050,757
87$2,435,867,293$131,865,426$52,952,035$1,746,040,287
88$2,684,190,056$138,191,131$54,590,227$1,922,281,457
89$2,957,837,466$144,822,520$56,279,024$2,116,429,269
90$3,259,392,502$151,774,439$58,019,986$2,330,307,424
91$3,591,701,605$159,062,454$59,814,723$2,565,925,523
92$3,957,901,544$166,702,890$61,664,892$2,825,498,027
93$4,361,449,038$174,712,868$63,572,202$3,111,465,145
94$4,806,153,385$183,110,343$65,538,416$3,426,515,857
95$5,296,212,426$191,914,146$67,565,349$3,773,613,280
96$5,836,252,179$201,144,024$69,654,873$4,156,022,626
97$6,431,370,508$210,820,688$71,808,918$4,577,342,009
98$7,087,185,255$220,965,858$74,029,473$5,041,536,393
99$7,809,887,278$231,602,312$76,318,587$5,552,975,008
100$8,606,298,895$242,753,940$78,678,374$6,116,472,571