Can I retire at age 30 with 9,300,000?

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 $9,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$767,985$761,144$754,470$747,956$741,595$734,768
2 years$380,191$373,110$366,248$359,594$353,141$346,262
3 years$250,943$243,832$236,987$230,396$224,047$217,330
4 years$186,331$179,242$172,466$165,987$159,792$153,289
5 years$147,575$140,528$133,840$127,494$121,471$115,201
6 years$121,745$114,752$108,163$101,958$96,116$90,086
7 years$103,303$96,368$89,884$83,825$78,168$72,381
8 years$89,478$82,605$76,229$70,319$64,848$59,304
9 years$78,730$71,923$65,656$59,896$54,611$49,309
10 years$70,137$63,396$57,240$51,631$46,532$41,467
11 years$63,111$56,438$50,393$44,934$40,019$35,188
12 years$57,261$50,656$44,723$39,414$34,679$30,078
13 years$52,314$45,778$39,957$34,796$30,241$25,864
14 years$48,077$41,611$35,901$30,888$26,509$22,351
15 years$44,409$38,012$32,414$27,547$23,341$19,394
16 years$41,203$34,876$29,388$24,665$20,629$16,888
17 years$38,376$32,119$26,742$22,162$18,291$14,750
18 years$35,867$29,680$24,412$19,972$16,263$12,915
19 years$33,624$27,507$22,348$18,046$14,496$11,333
20 years$31,608$25,561$20,510$16,344$12,948$9,964
21 years$29,786$23,809$18,865$14,834$11,587$8,774
22 years$28,132$22,225$17,387$13,487$10,386$7,738
23 years$26,625$20,786$16,054$12,283$9,323$6,832
24 years$25,245$19,475$14,847$11,203$8,380$6,039
25 years$23,977$18,277$13,752$10,231$7,541$5,344
26 years$22,809$17,177$12,754$9,355$6,792$4,732
27 years$21,729$16,166$11,843$8,563$6,124$4,193
28 years$20,728$15,233$11,010$7,845$5,526$3,718
29 years$19,797$14,370$10,245$7,194$4,990$3,299
30 years$18,931$13,571$9,543$6,603$4,508$2,929
31 years$18,122$12,829$8,897$6,064$4,076$2,601
32 years$17,365$12,139$8,301$5,573$3,687$2,311
33 years$16,655$11,496$7,751$5,125$3,337$2,054
34 years$15,988$10,896$7,242$4,715$3,021$1,826
35 years$15,361$10,334$6,771$4,341$2,736$1,624
36 years$14,771$9,809$6,334$3,998$2,479$1,444
37 years$14,213$9,316$5,928$3,683$2,247$1,285
38 years$13,686$8,854$5,551$3,395$2,037$1,144
39 years$13,187$8,419$5,201$3,130$1,847$1,018
40 years$12,715$8,010$4,875$2,887$1,676$906
41 years$12,266$7,625$4,571$2,664$1,520$807
42 years$11,840$7,261$4,288$2,458$1,379$718
43 years$11,435$6,919$4,024$2,269$1,252$640
44 years$11,050$6,595$3,777$2,095$1,136$570
45 years$10,682$6,289$3,546$1,935$1,032$507
46 years$10,332$5,999$3,331$1,788$937$452
47 years$9,998$5,725$3,129$1,651$850$403
48 years$9,678$5,466$2,941$1,526$772$359
49 years$9,372$5,219$2,764$1,410$701$319
50 years$9,080$4,986$2,599$1,304$637$285

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $9,300,000, adding $3,203 every year, while hoping to spend $43,460 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: 27/49/24 Blend
29$9,300,000$9,300,000$9,300,000$9,300,000
30$10,251,904$9,759,004$9,614,854$10,451,249
31$11,251,357$10,190,954$9,890,710$11,042,028
32$12,351,298$10,642,613$10,174,351$11,671,903
33$13,561,930$11,114,901$10,465,992$12,347,303
34$14,894,497$11,608,781$10,765,853$13,072,124
35$16,361,387$12,125,263$11,074,160$13,850,628
36$17,976,251$12,665,403$11,391,147$14,687,475
37$19,754,130$13,230,309$11,717,052$15,587,772
38$21,711,598$13,821,141$12,052,120$16,557,105
39$23,866,918$14,439,115$12,396,603$17,601,597
40$26,240,214$15,085,502$12,750,760$18,727,953
41$28,853,661$15,761,636$13,114,855$19,943,523
42$31,731,693$16,468,915$13,489,162$21,256,362
43$34,901,236$17,208,801$13,873,958$22,675,304
44$38,391,958$17,982,829$14,269,533$24,210,036
45$42,236,554$18,792,604$14,676,178$25,871,184
46$46,471,051$19,639,810$15,094,198$27,670,408
47$51,135,147$20,526,209$15,523,903$29,620,503
48$56,272,588$21,453,650$15,965,610$31,735,514
49$61,931,580$22,424,067$16,419,646$34,030,861
50$68,165,244$23,439,489$16,886,347$36,523,475
51$75,032,116$24,502,041$17,366,056$39,231,950
52$82,596,700$25,613,949$17,859,127$42,176,711
53$90,930,078$26,777,547$18,365,923$45,380,198
54$100,110,579$27,995,280$18,886,814$48,867,064
55$110,224,518$29,269,709$19,422,183$52,664,405
56$121,367,013$30,603,519$19,972,420$56,801,998
57$133,642,880$31,999,523$20,537,928$61,312,576
58$147,167,623$33,460,668$21,119,117$66,232,125
59$162,068,524$34,990,045$21,716,411$71,600,207
60$178,485,846$36,590,890$22,330,244$77,460,329
61$196,574,154$38,266,595$22,961,059$83,860,334
62$216,503,777$40,020,717$23,609,313$90,852,844
63$238,462,411$41,856,982$24,275,474$98,495,736
64$262,656,897$43,779,293$24,960,022$106,852,680
65$289,315,166$45,791,745$25,663,449$115,993,721
66$318,688,398$47,898,625$26,386,259$125,995,925
67$351,053,387$50,104,430$27,128,971$136,944,088
68$386,715,156$52,413,870$27,892,115$148,931,522
69$426,009,836$54,831,884$28,676,236$162,060,911
70$469,307,841$57,363,648$29,481,891$176,445,268
71$517,017,359$60,014,585$30,309,653$192,208,976
72$569,588,212$62,790,383$31,160,109$209,488,942
73$627,516,097$65,696,999$32,033,860$228,435,870
74$691,347,269$68,740,681$32,931,523$249,215,655
75$761,683,692$71,927,976$33,853,731$272,010,930
76$839,188,728$75,265,747$34,801,131$297,022,759
77$924,593,398$78,761,188$35,774,389$324,472,513
78$1,018,703,278$82,421,839$36,774,184$354,603,929
79$1,122,406,107$86,255,605$37,801,214$387,685,380
80$1,236,680,172$90,270,771$38,856,196$424,012,383
81$1,362,603,532$94,476,022$39,939,862$463,910,350
82$1,501,364,208$98,880,463$41,052,963$507,737,631
83$1,654,271,389$103,493,637$42,196,269$555,888,859
84$1,822,767,796$108,325,550$43,370,569$608,798,641
85$2,008,443,299$113,386,690$44,576,671$666,945,617
86$2,213,049,929$118,688,051$45,815,403$730,856,944
87$2,438,518,415$124,241,159$47,087,612$801,113,227
88$2,686,976,415$130,058,097$48,394,169$878,353,956
89$2,960,768,598$136,151,533$49,735,962$963,283,496
90$3,262,478,783$142,534,746$51,113,905$1,056,677,689
91$3,594,954,327$149,221,657$52,528,929$1,159,391,126
92$3,961,333,013$156,226,862$53,981,992$1,272,365,161
93$4,365,072,664$163,565,663$55,474,073$1,396,636,745
94$4,809,983,797$171,254,101$57,006,175$1,533,348,154
95$5,300,265,587$179,308,994$58,579,325$1,683,757,710
96$5,840,545,518$187,747,976$60,194,573$1,849,251,600
97$6,435,923,066$196,589,533$61,852,997$2,031,356,891
98$7,092,017,844$205,853,045$63,555,698$2,231,755,880
99$7,815,022,655$215,558,835$65,303,805$2,452,301,898
100$8,611,761,954$225,728,207$67,098,471$2,695,036,731