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

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 $9,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$767,985$761,144$754,470$747,956$741,595$733,240
2 years$380,191$373,110$366,248$359,594$353,141$344,730
3 years$250,943$243,832$236,987$230,396$224,047$215,841
4 years$186,331$179,242$172,466$165,987$159,792$151,855
5 years$147,575$140,528$133,840$127,494$121,471$113,826
6 years$121,745$114,752$108,163$101,958$96,116$88,771
7 years$103,303$96,368$89,884$83,825$78,168$71,127
8 years$89,478$82,605$76,229$70,319$64,848$58,110
9 years$78,730$71,923$65,656$59,896$54,611$48,174
10 years$70,137$63,396$57,240$51,631$46,532$40,391
11 years$63,111$56,438$50,393$44,934$40,019$34,169
12 years$57,261$50,656$44,723$39,414$34,679$29,115
13 years$52,314$45,778$39,957$34,796$30,241$24,955
14 years$48,077$41,611$35,901$30,888$26,509$21,493
15 years$44,409$38,012$32,414$27,547$23,341$18,588
16 years$41,203$34,876$29,388$24,665$20,629$16,130
17 years$38,376$32,119$26,742$22,162$18,291$14,039
18 years$35,867$29,680$24,412$19,972$16,263$12,249
19 years$33,624$27,507$22,348$18,046$14,496$10,710
20 years$31,608$25,561$20,510$16,344$12,948$9,381
21 years$29,786$23,809$18,865$14,834$11,587$8,231
22 years$28,132$22,225$17,387$13,487$10,386$7,231
23 years$26,625$20,786$16,054$12,283$9,323$6,361
24 years$25,245$19,475$14,847$11,203$8,380$5,601
25 years$23,977$18,277$13,752$10,231$7,541$4,936
26 years$22,809$17,177$12,754$9,355$6,792$4,354
27 years$21,729$16,166$11,843$8,563$6,124$3,843
28 years$20,728$15,233$11,010$7,845$5,526$3,394
29 years$19,797$14,370$10,245$7,194$4,990$2,999
30 years$18,931$13,571$9,543$6,603$4,508$2,652
31 years$18,122$12,829$8,897$6,064$4,076$2,345
32 years$17,365$12,139$8,301$5,573$3,687$2,075
33 years$16,655$11,496$7,751$5,125$3,337$1,837
34 years$15,988$10,896$7,242$4,715$3,021$1,626
35 years$15,361$10,334$6,771$4,341$2,736$1,440
36 years$14,771$9,809$6,334$3,998$2,479$1,276
37 years$14,213$9,316$5,928$3,683$2,247$1,130
38 years$13,686$8,854$5,551$3,395$2,037$1,001
39 years$13,187$8,419$5,201$3,130$1,847$887
40 years$12,715$8,010$4,875$2,887$1,676$787
41 years$12,266$7,625$4,571$2,664$1,520$697
42 years$11,840$7,261$4,288$2,458$1,379$618
43 years$11,435$6,919$4,024$2,269$1,252$548
44 years$11,050$6,595$3,777$2,095$1,136$486
45 years$10,682$6,289$3,546$1,935$1,032$431
46 years$10,332$5,999$3,331$1,788$937$382
47 years$9,998$5,725$3,129$1,651$850$339
48 years$9,678$5,466$2,941$1,526$772$301
49 years$9,372$5,219$2,764$1,410$701$267
50 years$9,080$4,986$2,599$1,304$637$237

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 $6,084 every year, while hoping to spend $23,741 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: 30/47/23 Blend
29$9,300,000$9,300,000$9,300,000$9,300,000
30$10,254,876$9,761,976$9,617,826$10,489,029
31$11,275,613$10,215,052$9,914,763$11,122,383
32$12,399,669$10,689,534$10,220,851$11,800,737
33$13,637,559$11,186,444$10,536,373$12,530,027
34$15,000,867$11,706,857$10,861,618$13,314,679
35$16,502,358$12,251,896$11,196,886$14,159,542
36$18,156,101$12,822,742$11,542,484$15,069,919
37$19,977,597$13,420,629$11,898,731$16,051,621
38$21,983,927$14,046,855$12,265,953$17,111,011
39$24,193,914$14,702,778$12,644,489$18,255,062
40$26,628,300$15,389,820$13,034,686$19,491,417
41$29,309,941$16,109,476$13,436,903$20,828,453
42$32,264,025$16,863,310$13,851,509$22,275,357
43$35,518,306$17,652,963$14,278,885$23,842,202
44$39,103,369$18,480,154$14,719,423$25,540,043
45$43,052,918$19,346,687$15,173,529$27,381,007
46$47,404,093$20,254,451$15,641,619$29,378,403
47$52,197,820$21,205,429$16,124,123$31,546,842
48$57,479,200$22,201,698$16,621,484$33,902,362
49$63,297,934$23,245,436$17,134,159$36,462,577
50$69,708,787$24,338,927$17,662,617$39,246,832
51$76,772,113$25,484,564$18,207,345$42,276,373
52$84,554,419$26,684,858$18,768,841$45,574,546
53$93,128,994$27,942,440$19,347,622$49,166,998
54$102,576,601$29,260,070$19,944,217$53,081,918
55$112,986,241$30,640,639$20,559,174$57,350,285
56$124,455,988$32,087,181$21,193,057$62,006,153
57$137,093,922$33,602,877$21,846,448$67,086,957
58$151,019,143$35,191,059$22,519,945$72,633,859
59$166,362,899$36,855,223$23,214,166$78,692,121
60$183,269,821$38,599,036$23,929,747$85,311,515
61$201,899,294$40,426,339$24,667,345$92,546,784
62$222,426,955$42,341,163$25,427,634$100,458,143
63$245,046,356$44,347,732$26,211,312$109,111,827
64$269,970,790$46,450,476$27,019,096$118,580,707
65$297,435,302$48,654,041$27,851,727$128,944,954
66$327,698,909$50,963,296$28,709,967$140,292,783
67$361,047,049$53,383,348$29,594,602$152,721,263
68$397,794,269$55,919,553$30,506,442$166,337,218
69$438,287,199$58,577,526$31,446,322$181,258,208
70$482,907,821$61,363,153$32,415,102$197,613,626
71$532,077,080$64,282,609$33,413,669$215,545,890
72$586,258,853$67,342,367$34,442,937$235,211,768
73$645,964,328$70,549,215$35,503,848$256,783,828
74$711,756,835$73,910,271$36,597,372$280,452,048
75$784,257,157$77,433,000$37,724,509$306,425,577
76$864,149,399$81,125,229$38,886,292$334,934,684
77$952,187,436$84,995,163$40,083,781$366,232,899
78$1,049,202,039$89,051,411$41,318,072$400,599,379
79$1,156,108,713$93,302,996$42,590,294$438,341,508
80$1,273,916,342$97,759,384$43,901,609$479,797,765
81$1,403,736,713$102,430,497$45,253,216$525,340,886
82$1,546,795,009$107,326,743$46,646,351$575,381,340
83$1,704,441,382$112,459,036$48,082,286$630,371,171
84$1,878,163,694$117,838,819$49,562,333$690,808,222
85$2,069,601,564$123,478,094$51,087,845$757,240,788
86$2,280,561,850$129,389,447$52,660,214$830,272,753
87$2,513,035,704$135,586,076$54,280,876$910,569,241
88$2,769,217,372$142,081,820$55,951,312$998,862,846
89$3,051,524,910$148,891,195$57,673,047$1,095,960,494
90$3,362,623,008$156,029,420$59,447,651$1,202,751,012
91$3,705,448,153$163,512,460$61,276,745$1,320,213,457
92$4,083,236,346$171,357,053$63,161,999$1,449,426,302
93$4,499,553,659$179,580,754$65,105,131$1,591,577,552
94$4,958,329,895$188,201,973$67,107,916$1,747,975,902
95$5,463,895,692$197,240,018$69,172,179$1,920,063,011
96$6,021,023,410$206,715,136$71,299,803$2,109,427,054
97$6,634,972,180$216,648,560$73,492,730$2,317,817,630
98$7,311,537,564$227,062,561$75,752,957$2,547,162,206
99$8,057,106,260$237,980,491$78,082,546$2,799,584,229
100$8,878,716,407$249,426,844$80,483,620$3,077,423,088