Can I retire at age 30 with 9,200,000?

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 $9,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$759,727$752,960$746,358$739,913$733,621$719,397
2 years$376,103$369,098$362,310$355,728$349,343$335,071
3 years$248,244$241,210$234,438$227,918$221,638$207,762
4 years$184,328$177,315$170,611$164,202$158,074$144,701
5 years$145,988$139,017$132,401$126,123$120,165$107,334
6 years$120,436$113,518$107,000$100,862$95,083$82,806
7 years$102,192$95,332$88,917$82,924$77,328$65,610
8 years$88,516$81,717$75,409$69,563$64,151$52,988
9 years$77,884$71,149$64,950$59,252$54,024$43,409
10 years$69,383$62,715$56,625$51,076$46,031$35,955
11 years$62,433$55,831$49,851$44,451$39,588$30,038
12 years$56,645$50,111$44,242$38,990$34,307$25,268
13 years$51,751$45,286$39,527$34,422$29,916$21,375
14 years$47,560$41,164$35,515$30,556$26,224$18,165
15 years$43,932$37,604$32,066$27,251$23,090$15,496
16 years$40,759$34,501$29,072$24,400$20,407$13,261
17 years$37,963$31,774$26,455$21,923$18,094$11,379
18 years$35,481$29,360$24,150$19,757$16,088$9,785
19 years$33,262$27,211$22,108$17,852$14,340$8,431
20 years$31,268$25,286$20,289$16,169$12,809$7,276
21 years$29,466$23,553$18,662$14,674$11,462$6,288
22 years$27,830$21,986$17,200$13,342$10,274$5,441
23 years$26,338$20,563$15,881$12,151$9,223$4,713
24 years$24,973$19,266$14,688$11,082$8,290$4,085
25 years$23,719$18,080$13,604$10,121$7,460$3,544
26 years$22,563$16,992$12,617$9,254$6,719$3,077
27 years$21,495$15,992$11,716$8,471$6,058$2,672
28 years$20,505$15,069$10,891$7,761$5,466$2,322
29 years$19,585$14,216$10,135$7,117$4,936$2,019
30 years$18,727$13,425$9,441$6,532$4,460$1,756
31 years$17,927$12,691$8,801$5,999$4,032$1,528
32 years$17,178$12,009$8,212$5,513$3,647$1,329
33 years$16,476$11,372$7,667$5,070$3,301$1,157
34 years$15,817$10,778$7,164$4,664$2,989$1,008
35 years$15,196$10,223$6,698$4,294$2,707$877
36 years$14,612$9,703$6,266$3,955$2,453$764
37 years$14,060$9,216$5,864$3,644$2,223$666
38 years$13,539$8,758$5,492$3,358$2,015$580
39 years$13,045$8,328$5,145$3,097$1,827$505
40 years$12,578$7,924$4,823$2,856$1,658$440
41 years$12,134$7,543$4,522$2,635$1,504$383
42 years$11,713$7,183$4,242$2,432$1,365$334
43 years$11,312$6,844$3,980$2,245$1,238$291
44 years$10,931$6,524$3,736$2,073$1,124$254
45 years$10,568$6,221$3,508$1,914$1,020$221
46 years$10,221$5,935$3,295$1,768$927$193
47 years$9,890$5,664$3,096$1,634$841$168
48 years$9,574$5,407$2,909$1,510$764$147
49 years$9,272$5,163$2,734$1,395$694$128
50 years$8,982$4,932$2,571$1,290$630$111

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $9,200,000, adding $2,799 every year, while hoping to spend $54,396 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: 39/45/16 Blend
29$9,200,000$9,200,000$9,200,000$9,200,000
30$10,141,287$9,653,687$9,511,087$10,488,105
31$11,117,822$10,068,841$9,771,832$11,150,973
32$12,192,139$10,502,514$10,039,488$11,861,790
33$13,374,157$10,955,557$10,314,230$12,629,214
34$14,674,801$11,428,859$10,596,237$13,458,390
35$16,106,109$11,923,351$10,885,689$14,354,961
36$17,681,347$12,440,010$11,182,775$15,325,121
37$19,415,130$12,979,857$11,487,683$16,375,663
38$21,323,563$13,543,960$11,800,611$17,514,048
39$23,424,391$14,133,438$12,121,756$18,748,462
40$25,737,167$14,749,465$12,451,323$20,087,896
41$28,283,437$15,393,267$12,789,520$21,542,225
42$31,086,939$16,066,129$13,136,561$23,122,292
43$34,173,835$16,769,397$13,492,664$24,840,013
44$37,572,948$17,504,480$13,858,050$26,708,478
45$41,316,043$18,272,853$14,232,949$28,742,073
46$45,438,119$19,076,063$14,617,593$30,956,608
47$49,977,744$19,915,727$15,012,219$33,369,461
48$54,977,416$20,793,540$15,417,070$35,999,739
49$60,483,966$21,711,276$15,832,395$38,868,448
50$66,548,997$22,670,796$16,258,448$41,998,684
51$73,229,376$23,674,046$16,695,486$45,415,851
52$80,587,763$24,723,065$17,143,776$49,147,885
53$88,693,209$25,819,989$17,603,586$53,225,516
54$97,621,803$26,967,055$18,075,194$57,682,547
55$107,457,393$28,166,607$18,558,879$62,556,168
56$118,292,376$29,421,100$19,054,930$67,887,295
57$130,228,568$30,733,104$19,563,640$73,720,949
58$143,378,169$32,105,312$20,085,309$80,106,673
59$157,864,817$33,540,547$20,620,241$87,098,987
60$173,824,758$35,041,764$21,168,750$94,757,893
61$191,408,132$36,612,059$21,731,151$103,149,433
62$210,780,388$38,254,676$22,307,771$112,346,299
63$232,123,845$39,973,013$22,898,939$122,428,506
64$255,639,416$41,770,630$23,504,992$133,484,141
65$281,548,502$43,651,256$24,126,275$145,610,174
66$310,095,082$45,618,800$24,763,138$158,913,365
67$341,548,015$47,677,356$25,415,937$173,511,258
68$376,203,578$49,831,212$26,085,037$189,533,270
69$414,388,266$52,084,865$26,770,809$207,121,907
70$456,461,867$54,443,021$27,473,629$226,434,084
71$502,820,865$56,910,617$28,193,883$247,642,594
72$553,902,177$59,492,820$28,931,962$270,937,722
73$610,187,281$62,195,050$29,688,264$296,529,020
74$672,206,758$65,022,982$30,463,196$324,647,270
75$740,545,304$67,982,565$31,257,169$355,546,638
76$815,847,245$71,080,031$32,070,605$389,507,054
77$898,822,624$74,321,912$32,903,930$426,836,835
78$990,253,898$77,715,052$33,757,578$467,875,570
79$1,091,003,330$81,266,625$34,631,991$512,997,300
80$1,202,021,126$84,984,145$35,527,619$562,614,027
81$1,324,354,404$88,875,491$36,444,917$617,179,578
82$1,459,157,081$92,948,918$37,384,349$677,193,855
83$1,607,700,764$97,213,076$38,346,386$743,207,533
84$1,771,386,757$101,677,032$39,331,505$815,827,223
85$1,951,759,288$106,350,288$40,340,192$895,721,170
86$2,150,520,085$111,242,802$41,372,939$983,625,526
87$2,369,544,447$116,365,013$42,430,246$1,080,351,267
88$2,610,898,940$121,727,858$43,512,618$1,186,791,808
89$2,876,860,912$127,342,802$44,620,571$1,303,931,408
90$3,169,939,988$133,221,863$45,754,623$1,432,854,411
91$3,492,901,767$139,377,635$46,915,303$1,574,755,450
92$3,848,793,927$145,823,318$48,103,145$1,730,950,676
93$4,240,974,996$152,572,749$49,318,689$1,902,890,140
94$4,673,146,063$159,640,431$50,562,483$2,092,171,432
95$5,149,385,715$167,041,566$51,835,080$2,300,554,716
96$5,674,188,542$174,792,087$53,137,039$2,529,979,292
97$6,252,507,570$182,908,696$54,468,927$2,782,581,850
98$6,889,801,021$191,408,901$55,831,314$3,060,716,584
99$7,592,083,841$200,311,053$57,224,779$3,366,977,357
100$8,365,984,486$209,634,388$58,649,903$3,704,222,124