Can I retire at age 30 with 9,400,000?

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 $9,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$776,243$769,329$762,583$755,999$749,569$735,941
2 years$384,279$377,122$370,186$363,461$356,938$343,256
3 years$253,641$246,453$239,535$232,873$226,456$213,147
4 years$188,335$181,169$174,320$167,772$161,510$148,677
5 years$149,162$142,039$135,279$128,865$122,778$110,456
6 years$123,055$115,985$109,326$103,054$97,150$85,355
7 years$104,414$97,404$90,850$84,727$79,009$67,743
8 years$90,440$83,494$77,048$71,075$65,545$54,806
9 years$79,577$72,696$66,362$60,540$55,199$44,979
10 years$70,892$64,078$57,856$52,186$47,032$37,324
11 years$63,790$57,045$50,935$45,418$40,449$31,241
12 years$57,876$51,201$45,204$39,837$35,052$26,331
13 years$52,876$46,270$40,386$35,170$30,566$22,319
14 years$48,594$42,058$36,287$31,220$26,794$19,006
15 years$44,887$38,421$32,763$27,843$23,592$16,246
16 years$41,646$35,251$29,704$24,930$20,850$13,933
17 years$38,789$32,465$27,030$22,400$18,487$11,981
18 years$36,252$29,999$24,675$20,187$16,438$10,326
19 years$33,985$27,802$22,588$18,240$14,652$8,917
20 years$31,948$25,835$20,730$16,520$13,087$7,712
21 years$30,106$24,065$19,068$14,993$11,712$6,680
22 years$28,435$22,463$17,574$13,632$10,498$5,794
23 years$26,911$21,010$16,227$12,415$9,423$5,030
24 years$25,516$19,685$15,007$11,323$8,470$4,371
25 years$24,235$18,473$13,899$10,341$7,622$3,801
26 years$23,054$17,362$12,891$9,455$6,865$3,307
27 years$21,962$16,339$11,970$8,655$6,190$2,880
28 years$20,951$15,397$11,128$7,930$5,585$2,509
29 years$20,010$14,525$10,356$7,272$5,043$2,186
30 years$19,134$13,717$9,646$6,674$4,557$1,906
31 years$18,317$12,967$8,993$6,129$4,120$1,662
32 years$17,551$12,270$8,390$5,633$3,727$1,450
33 years$16,834$11,620$7,834$5,180$3,373$1,266
34 years$16,160$11,013$7,320$4,766$3,054$1,105
35 years$15,527$10,445$6,843$4,387$2,766$964
36 years$14,929$9,914$6,402$4,041$2,506$842
37 years$14,366$9,416$5,992$3,723$2,271$735
38 years$13,833$8,949$5,611$3,431$2,059$642
39 years$13,329$8,509$5,257$3,164$1,867$561
40 years$12,851$8,096$4,927$2,918$1,694$490
41 years$12,398$7,707$4,620$2,692$1,536$428
42 years$11,968$7,340$4,334$2,485$1,394$374
43 years$11,558$6,993$4,067$2,294$1,265$327
44 years$11,169$6,666$3,818$2,118$1,149$286
45 years$10,797$6,357$3,585$1,956$1,043$249
46 years$10,443$6,064$3,367$1,807$947$218
47 years$10,105$5,787$3,163$1,669$860$191
48 years$9,782$5,524$2,972$1,542$781$167
49 years$9,473$5,275$2,794$1,425$709$146
50 years$9,178$5,039$2,627$1,318$644$127

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $9,400,000, adding $3,252 every year, while hoping to spend $59,098 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: 59/18/23 Blend
29$9,400,000$9,400,000$9,400,000$9,400,000
30$10,362,154$9,863,954$9,718,254$10,909,598
31$11,356,214$10,284,408$9,980,936$11,702,827
32$12,449,688$10,723,484$10,250,437$12,560,901
33$13,652,652$11,182,031$10,526,923$13,495,507
34$14,976,212$11,660,939$10,810,564$14,514,070
35$16,432,600$12,161,140$11,101,533$15,624,765
36$18,035,298$12,683,609$11,400,007$16,836,580
37$19,799,158$13,229,366$11,706,167$18,159,410
38$21,740,547$13,799,479$12,020,197$19,604,140
39$23,877,495$14,395,066$12,342,287$21,182,751
40$26,229,874$15,017,299$12,672,628$22,908,429
41$28,819,577$15,667,402$13,011,417$24,795,688
42$31,670,729$16,346,660$13,358,855$26,860,502
43$34,809,913$17,056,416$13,715,145$29,120,458
44$38,266,419$17,798,075$14,080,498$31,594,916
45$42,072,525$18,573,112$14,455,126$34,305,191
46$46,263,796$19,383,068$14,839,246$37,274,749
47$50,879,423$20,229,557$15,233,080$40,529,429
48$55,962,590$21,114,272$15,636,854$44,097,684
49$61,560,884$22,038,981$16,050,799$48,010,840
50$67,726,743$23,005,540$16,475,149$52,303,400
51$74,517,949$24,015,890$16,910,145$57,013,355
52$81,998,175$25,072,063$17,356,030$62,182,546
53$90,237,585$26,176,190$17,813,053$67,857,055
54$99,313,495$27,330,501$18,281,467$74,087,633
55$109,311,107$28,537,331$18,761,532$80,930,177
56$120,324,306$29,799,125$19,253,509$88,446,256
57$132,456,550$31,118,447$19,757,666$96,703,683
58$145,821,846$32,497,980$20,274,276$105,777,156
59$160,545,827$33,940,533$20,803,617$115,748,955
60$176,766,933$35,449,051$21,345,970$126,709,715
61$194,637,724$37,026,618$21,901,623$138,759,276
62$214,326,313$38,676,464$22,470,869$152,007,625
63$236,017,957$40,401,971$23,054,004$166,575,920
64$259,916,806$42,206,685$23,651,330$182,597,636
65$286,247,825$44,094,317$24,263,154$200,219,818
66$315,258,923$46,068,758$24,889,789$219,604,458
67$347,223,287$48,134,082$25,531,552$240,930,023
68$382,441,968$50,294,557$26,188,764$264,393,132
69$421,246,714$52,554,656$26,861,753$290,210,405
70$464,003,108$54,919,063$27,550,851$318,620,500
71$511,114,014$57,392,686$28,256,394$349,886,359
72$563,023,385$59,980,669$28,978,724$384,297,684
73$620,220,447$62,688,399$29,718,188$422,173,659
74$683,244,323$65,521,520$30,475,138$463,865,962
75$752,689,118$68,485,949$31,249,929$509,762,071
76$829,209,529$71,587,882$32,042,923$560,288,912
77$913,527,024$74,833,812$32,854,484$615,916,883
78$1,006,436,656$78,230,543$33,684,984$677,164,285
79$1,108,814,560$81,785,206$34,534,797$744,602,200
80$1,221,626,234$85,505,269$35,404,302$818,859,875
81$1,345,935,646$89,398,563$36,293,881$900,630,652
82$1,482,915,278$93,473,289$37,203,923$990,678,497
83$1,633,857,200$97,738,045$38,134,818$1,089,845,205
84$1,800,185,263$102,201,836$39,086,962$1,199,058,329
85$1,983,468,538$106,874,105$40,060,754$1,319,339,928
86$2,185,436,135$111,764,742$41,056,596$1,451,816,198
87$2,407,993,522$116,884,116$42,074,893$1,597,728,091
88$2,653,240,514$122,243,091$43,116,055$1,758,443,014
89$2,923,491,097$127,853,052$44,180,492$1,935,467,722
90$3,221,295,270$133,725,933$45,268,620$2,130,462,528
91$3,549,463,123$139,874,239$46,380,855$2,345,256,957
92$3,911,091,363$146,311,078$47,517,615$2,581,867,001
93$4,309,592,548$153,050,187$48,679,321$2,842,514,131
94$4,748,727,305$160,105,963$49,866,395$3,129,646,252
95$5,232,639,831$167,493,497$51,079,260$3,445,960,788
96$5,765,897,019$175,228,603$52,318,340$3,794,430,130
97$6,353,531,569$183,327,858$53,584,059$4,178,329,672
98$7,001,089,504$191,808,639$54,876,840$4,601,268,708
99$7,714,682,527$200,689,156$56,197,108$5,067,224,487
100$8,501,045,718$209,988,497$57,545,284$5,580,579,728