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%17.6%
1 years$767,985$761,144$754,470$747,956$741,595$718,720
2 years$380,191$373,110$366,248$359,594$353,141$330,294
3 years$250,943$243,832$236,987$230,396$224,047$201,946
4 years$186,331$179,242$172,466$165,987$159,792$138,606
5 years$147,575$140,528$133,840$127,494$121,471$101,257
6 years$121,745$114,752$108,163$101,958$96,116$76,891
7 years$103,303$96,368$89,884$83,825$78,168$59,932
8 years$89,478$82,605$76,229$70,319$64,848$47,588
9 years$78,730$71,923$65,656$59,896$54,611$38,309
10 years$70,137$63,396$57,240$51,631$46,532$31,163
11 years$63,111$56,438$50,393$44,934$40,019$25,557
12 years$57,261$50,656$44,723$39,414$34,679$21,094
13 years$52,314$45,778$39,957$34,796$30,241$17,501
14 years$48,077$41,611$35,901$30,888$26,509$14,580
15 years$44,409$38,012$32,414$27,547$23,341$12,187
16 years$41,203$34,876$29,388$24,665$20,629$10,216
17 years$38,376$32,119$26,742$22,162$18,291$8,583
18 years$35,867$29,680$24,412$19,972$16,263$7,225
19 years$33,624$27,507$22,348$18,046$14,496$6,092
20 years$31,608$25,561$20,510$16,344$12,948$5,143
21 years$29,786$23,809$18,865$14,834$11,587$4,347
22 years$28,132$22,225$17,387$13,487$10,386$3,678
23 years$26,625$20,786$16,054$12,283$9,323$3,114
24 years$25,245$19,475$14,847$11,203$8,380$2,638
25 years$23,977$18,277$13,752$10,231$7,541$2,236
26 years$22,809$17,177$12,754$9,355$6,792$1,896
27 years$21,729$16,166$11,843$8,563$6,124$1,609
28 years$20,728$15,233$11,010$7,845$5,526$1,366
29 years$19,797$14,370$10,245$7,194$4,990$1,159
30 years$18,931$13,571$9,543$6,603$4,508$985
31 years$18,122$12,829$8,897$6,064$4,076$836
32 years$17,365$12,139$8,301$5,573$3,687$710
33 years$16,655$11,496$7,751$5,125$3,337$604
34 years$15,988$10,896$7,242$4,715$3,021$513
35 years$15,361$10,334$6,771$4,341$2,736$436
36 years$14,771$9,809$6,334$3,998$2,479$370
37 years$14,213$9,316$5,928$3,683$2,247$315
38 years$13,686$8,854$5,551$3,395$2,037$268
39 years$13,187$8,419$5,201$3,130$1,847$227
40 years$12,715$8,010$4,875$2,887$1,676$193
41 years$12,266$7,625$4,571$2,664$1,520$164
42 years$11,840$7,261$4,288$2,458$1,379$140
43 years$11,435$6,919$4,024$2,269$1,252$119
44 years$11,050$6,595$3,777$2,095$1,136$101
45 years$10,682$6,289$3,546$1,935$1,032$86
46 years$10,332$5,999$3,331$1,788$937$73
47 years$9,998$5,725$3,129$1,651$850$62
48 years$9,678$5,466$2,941$1,526$772$53
49 years$9,372$5,219$2,764$1,410$701$45
50 years$9,080$4,986$2,599$1,304$637$38

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 $5,565 every year, while hoping to spend $29,154 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: 50/36/14 Blend
29$9,300,000$9,300,000$9,300,000$9,300,000
30$10,254,340$9,761,440$9,617,290$10,727,557
31$11,269,263$10,208,731$9,908,450$11,500,518
32$12,386,731$10,676,962$10,208,386$12,336,535
33$13,617,173$11,167,129$10,517,363$13,244,395
34$14,972,081$11,680,274$10,835,650$14,230,862
35$16,464,116$12,217,491$11,163,527$15,303,367
36$18,107,233$12,779,925$11,501,283$16,470,073
37$19,916,807$13,368,777$11,849,212$17,739,948
38$21,909,781$13,985,306$12,207,620$19,122,847
39$24,104,824$14,630,832$12,576,820$20,629,600
40$26,522,508$15,306,735$12,957,136$22,272,113
41$29,185,505$16,014,466$13,348,901$24,063,471
42$32,118,796$16,755,544$13,752,458$26,018,063
43$35,349,907$17,531,560$14,168,160$28,151,708
44$38,909,174$18,344,183$14,596,370$30,481,805
45$42,830,024$19,195,162$15,037,463$33,027,486
46$47,149,293$20,086,331$15,491,824$35,809,796
47$51,907,571$21,019,611$15,959,850$38,851,884
48$57,149,588$21,997,017$16,441,950$42,179,216
49$62,924,635$23,020,661$16,938,545$45,819,810
50$69,287,030$24,092,755$17,450,068$49,804,492
51$76,296,628$25,215,620$17,976,966$54,167,186
52$84,019,388$26,391,689$18,519,698$58,945,218
53$92,527,995$27,623,512$19,078,737$64,179,671
54$101,902,546$28,913,760$19,654,571$69,915,757
55$112,231,308$30,265,237$20,247,701$76,203,243
56$123,611,547$31,680,879$20,858,645$83,096,906
57$136,150,449$33,163,765$21,487,933$90,657,045
58$149,966,130$34,717,125$22,136,114$98,950,042
59$165,188,753$36,344,342$22,803,751$108,048,975
60$181,961,755$38,048,964$23,491,426$118,034,303
61$200,443,201$39,834,710$24,199,736$128,994,611
62$220,807,277$41,705,481$24,929,297$141,027,437
63$243,245,933$43,665,364$25,680,743$154,240,181
64$267,970,697$45,718,645$26,454,726$168,751,107
65$295,214,667$47,869,817$27,251,918$184,690,448
66$325,234,717$50,123,592$28,073,012$202,201,621
67$358,313,919$52,484,909$28,918,718$221,442,567
68$394,764,215$54,958,946$29,789,772$242,587,227
69$434,929,364$57,551,133$30,686,928$265,827,173
70$479,188,182$60,267,162$31,610,963$291,373,394
71$527,958,124$63,113,001$32,562,678$319,458,279
72$581,699,222$66,094,907$33,542,897$350,337,787
73$640,918,428$69,219,442$34,552,469$384,293,849
74$706,174,397$72,493,485$35,592,267$421,637,009
75$778,082,768$75,924,248$36,663,190$462,709,338
76$857,321,968$79,519,293$37,766,164$507,887,640
77$944,639,621$83,286,551$38,902,143$557,586,988
78$1,040,859,605$87,234,334$40,072,107$612,264,621
79$1,146,889,830$91,371,362$41,277,068$672,424,236
80$1,263,730,808$95,706,774$42,518,065$738,620,717
81$1,392,485,099$100,250,155$43,796,170$811,465,351
82$1,534,367,722$105,011,555$45,112,484$891,631,566
83$1,690,717,620$110,001,512$46,468,142$979,861,266
84$1,863,010,305$115,231,075$47,864,314$1,076,971,799
85$2,052,871,789$120,711,830$49,302,201$1,183,863,648
86$2,262,093,929$126,455,926$50,783,041$1,301,528,892
87$2,492,651,347$132,476,104$52,308,111$1,431,060,547
88$2,746,720,072$138,785,722$53,878,721$1,573,662,837
89$3,026,698,084$145,398,786$55,496,222$1,730,662,535
90$3,335,227,949$152,329,987$57,162,006$1,903,521,444
91$3,675,221,770$159,594,726$58,877,503$2,093,850,158
92$4,049,888,678$167,209,156$60,644,187$2,303,423,220
93$4,462,765,131$175,190,213$62,463,576$2,534,195,834
94$4,917,748,299$183,555,657$64,337,229$2,788,322,275
95$5,419,132,854$192,324,114$66,266,756$3,068,176,174
96$5,971,651,523$201,515,113$68,253,810$3,376,372,877
97$6,580,519,760$211,149,135$70,300,094$3,715,794,083
98$7,251,484,991$221,247,657$72,407,362$4,089,614,987
99$7,990,880,869$231,833,202$74,577,419$4,501,334,199
100$8,805,687,077$242,929,388$76,812,121$4,954,806,712