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%18.4%
1 years$767,985$761,144$754,470$747,956$741,595$716,423
2 years$380,191$373,110$366,248$359,594$353,141$328,033
3 years$250,943$243,832$236,987$230,396$224,047$199,791
4 years$186,331$179,242$172,466$165,987$159,792$136,575
5 years$147,575$140,528$133,840$127,494$121,471$99,353
6 years$121,745$114,752$108,163$101,958$96,116$75,115
7 years$103,303$96,368$89,884$83,825$78,168$58,281
8 years$89,478$82,605$76,229$70,319$64,848$46,059
9 years$78,730$71,923$65,656$59,896$54,611$36,898
10 years$70,137$63,396$57,240$51,631$46,532$29,865
11 years$63,111$56,438$50,393$44,934$40,019$24,366
12 years$57,261$50,656$44,723$39,414$34,679$20,004
13 years$52,314$45,778$39,957$34,796$30,241$16,506
14 years$48,077$41,611$35,901$30,888$26,509$13,675
15 years$44,409$38,012$32,414$27,547$23,341$11,367
16 years$41,203$34,876$29,388$24,665$20,629$9,473
17 years$38,376$32,119$26,742$22,162$18,291$7,913
18 years$35,867$29,680$24,412$19,972$16,263$6,621
19 years$33,624$27,507$22,348$18,046$14,496$5,549
20 years$31,608$25,561$20,510$16,344$12,948$4,656
21 years$29,786$23,809$18,865$14,834$11,587$3,911
22 years$28,132$22,225$17,387$13,487$10,386$3,288
23 years$26,625$20,786$16,054$12,283$9,323$2,766
24 years$25,245$19,475$14,847$11,203$8,380$2,329
25 years$23,977$18,277$13,752$10,231$7,541$1,962
26 years$22,809$17,177$12,754$9,355$6,792$1,653
27 years$21,729$16,166$11,843$8,563$6,124$1,393
28 years$20,728$15,233$11,010$7,845$5,526$1,175
29 years$19,797$14,370$10,245$7,194$4,990$991
30 years$18,931$13,571$9,543$6,603$4,508$836
31 years$18,122$12,829$8,897$6,064$4,076$705
32 years$17,365$12,139$8,301$5,573$3,687$595
33 years$16,655$11,496$7,751$5,125$3,337$502
34 years$15,988$10,896$7,242$4,715$3,021$424
35 years$15,361$10,334$6,771$4,341$2,736$358
36 years$14,771$9,809$6,334$3,998$2,479$302
37 years$14,213$9,316$5,928$3,683$2,247$255
38 years$13,686$8,854$5,551$3,395$2,037$215
39 years$13,187$8,419$5,201$3,130$1,847$182
40 years$12,715$8,010$4,875$2,887$1,676$154
41 years$12,266$7,625$4,571$2,664$1,520$130
42 years$11,840$7,261$4,288$2,458$1,379$110
43 years$11,435$6,919$4,024$2,269$1,252$93
44 years$11,050$6,595$3,777$2,095$1,136$78
45 years$10,682$6,289$3,546$1,935$1,032$66
46 years$10,332$5,999$3,331$1,788$937$56
47 years$9,998$5,725$3,129$1,651$850$47
48 years$9,678$5,466$2,941$1,526$772$40
49 years$9,372$5,219$2,764$1,410$701$34
50 years$9,080$4,986$2,599$1,304$637$28

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 $2,414 every year, while hoping to spend $57,202 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: 77/17/6 Blend
29$9,300,000$9,300,000$9,300,000$9,300,000
30$10,251,090$9,758,190$9,614,040$11,034,583
31$11,235,839$10,175,479$9,875,248$11,966,425
32$12,319,115$10,611,298$10,143,289$12,980,139
33$13,510,907$11,066,494$10,418,332$14,089,829
34$14,822,223$11,541,955$10,700,549$15,305,004
35$16,265,188$12,038,610$10,990,116$16,636,129
36$17,853,166$12,557,430$11,287,214$18,094,729
37$19,600,878$13,099,434$11,592,025$19,693,489
38$21,524,548$13,665,687$11,904,738$21,446,376
39$23,642,051$14,257,304$12,225,545$23,368,769
40$25,973,081$14,875,453$12,554,642$25,477,602
41$28,539,342$15,521,357$12,892,230$27,791,521
42$31,364,748$16,196,296$13,238,512$30,331,058
43$34,475,648$16,901,611$13,593,698$33,118,824
44$37,901,079$17,638,704$13,958,002$36,179,723
45$41,673,034$18,409,046$14,331,640$39,541,177
46$45,826,769$19,214,174$14,714,835$43,233,391
47$50,401,132$20,055,702$15,107,815$47,289,631
48$55,438,932$20,935,315$15,510,811$51,746,536
49$60,987,338$21,854,781$15,924,059$56,644,464
50$67,098,332$22,815,951$16,347,800$62,027,866
51$73,829,191$23,820,762$16,782,281$67,945,706
52$81,243,033$24,871,243$17,227,751$74,451,920
53$89,409,410$25,969,521$17,684,468$81,605,921
54$98,404,963$27,117,822$18,152,692$89,473,157
55$108,314,151$28,318,477$18,632,689$98,125,724
56$119,230,041$29,573,928$19,124,730$107,643,048
57$131,255,188$30,886,734$19,629,091$118,112,624
58$144,502,606$32,259,573$20,146,055$129,630,846
59$159,096,832$33,695,252$20,675,908$142,303,904
60$175,175,100$35,196,710$21,218,942$156,248,793
61$192,888,639$36,767,027$21,775,455$171,594,402
62$212,404,097$38,409,429$22,345,750$188,482,734
63$233,905,118$40,127,294$22,930,135$207,070,241
64$257,594,071$41,924,162$23,528,926$227,529,291
65$283,693,962$43,803,742$24,142,441$250,049,796
66$312,450,539$45,769,918$24,771,005$274,840,996
67$344,134,610$47,826,760$25,414,950$302,133,430
68$379,044,600$49,978,532$26,074,611$332,181,105
69$417,509,370$52,229,701$26,750,331$365,263,890
70$459,891,317$54,584,947$27,442,458$401,690,151
71$506,589,796$57,049,174$28,151,345$441,799,653
72$558,044,891$59,627,519$28,877,351$485,966,764
73$614,741,568$62,325,366$29,620,840$534,603,981
74$677,214,253$65,148,354$30,382,184$588,165,815
75$746,051,877$68,102,394$31,161,757$647,153,074
76$821,903,435$71,193,677$31,959,942$712,117,586
77$905,484,111$74,428,693$32,777,126$783,667,395
78$997,582,031$77,814,240$33,613,701$862,472,494
79$1,099,065,703$81,357,442$34,470,065$949,271,144
80$1,210,892,215$85,065,767$35,346,621$1,044,876,828
81$1,334,116,267$88,947,036$36,243,780$1,150,185,924
82$1,469,900,134$93,009,448$37,161,954$1,266,186,155
83$1,619,524,632$97,261,595$38,101,563$1,393,965,906
84$1,784,401,211$101,712,480$39,063,032$1,534,724,480
85$1,966,085,280$106,371,537$40,046,790$1,689,783,414
86$2,166,290,892$111,248,656$41,053,270$1,860,598,942
87$2,386,906,921$116,354,198$42,082,913$2,048,775,724
88$2,630,014,897$121,699,024$43,136,161$2,256,081,989
89$2,897,908,655$127,294,515$44,213,461$2,484,466,205
90$3,193,115,993$133,152,601$45,315,267$2,736,075,464
91$3,518,422,530$139,285,784$46,442,034$3,013,275,736
92$3,876,898,008$145,707,168$47,594,222$3,318,674,186
93$4,271,925,271$152,430,485$48,772,295$3,655,143,771
94$4,707,232,200$159,470,130$49,976,718$4,025,850,345
95$5,186,926,908$166,841,190$51,207,961$4,434,282,525
96$5,715,536,522$174,559,478$52,466,498$4,884,284,612
97$6,298,049,924$182,641,569$53,752,802$5,380,092,856
98$6,939,964,846$191,104,836$55,067,351$5,926,375,433
99$7,647,339,776$199,967,488$56,410,623$6,528,276,490
100$8,426,851,152$209,248,614$57,783,098$7,191,464,688