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%11.9%
1 years$776,243$769,329$762,583$755,999$749,569$743,599
2 years$384,279$377,122$370,186$363,461$356,938$350,920
3 years$253,641$246,453$239,535$232,873$226,456$220,577
4 years$188,335$181,169$174,320$167,772$161,510$155,815
5 years$149,162$142,039$135,279$128,865$122,778$117,283
6 years$123,055$115,985$109,326$103,054$97,150$91,862
7 years$104,414$97,404$90,850$84,727$79,009$73,931
8 years$90,440$83,494$77,048$71,075$65,545$60,678
9 years$79,577$72,696$66,362$60,540$55,199$50,540
10 years$70,892$64,078$57,856$52,186$47,032$42,579
11 years$63,790$57,045$50,935$45,418$40,449$36,198
12 years$57,876$51,201$45,204$39,837$35,052$31,000
13 years$52,876$46,270$40,386$35,170$30,566$26,708
14 years$48,594$42,058$36,287$31,220$26,794$23,126
15 years$44,887$38,421$32,763$27,843$23,592$20,108
16 years$41,646$35,251$29,704$24,930$20,850$17,545
17 years$38,789$32,465$27,030$22,400$18,487$15,356
18 years$36,252$29,999$24,675$20,187$16,438$13,474
19 years$33,985$27,802$22,588$18,240$14,652$11,849
20 years$31,948$25,835$20,730$16,520$13,087$10,440
21 years$30,106$24,065$19,068$14,993$11,712$9,215
22 years$28,435$22,463$17,574$13,632$10,498$8,144
23 years$26,911$21,010$16,227$12,415$9,423$7,208
24 years$25,516$19,685$15,007$11,323$8,470$6,386
25 years$24,235$18,473$13,899$10,341$7,622$5,663
26 years$23,054$17,362$12,891$9,455$6,865$5,027
27 years$21,962$16,339$11,970$8,655$6,190$4,465
28 years$20,951$15,397$11,128$7,930$5,585$3,969
29 years$20,010$14,525$10,356$7,272$5,043$3,530
30 years$19,134$13,717$9,646$6,674$4,557$3,141
31 years$18,317$12,967$8,993$6,129$4,120$2,797
32 years$17,551$12,270$8,390$5,633$3,727$2,491
33 years$16,834$11,620$7,834$5,180$3,373$2,219
34 years$16,160$11,013$7,320$4,766$3,054$1,978
35 years$15,527$10,445$6,843$4,387$2,766$1,764
36 years$14,929$9,914$6,402$4,041$2,506$1,573
37 years$14,366$9,416$5,992$3,723$2,271$1,403
38 years$13,833$8,949$5,611$3,431$2,059$1,252
39 years$13,329$8,509$5,257$3,164$1,867$1,117
40 years$12,851$8,096$4,927$2,918$1,694$997
41 years$12,398$7,707$4,620$2,692$1,536$890
42 years$11,968$7,340$4,334$2,485$1,394$794
43 years$11,558$6,993$4,067$2,294$1,265$709
44 years$11,169$6,666$3,818$2,118$1,149$633
45 years$10,797$6,357$3,585$1,956$1,043$565
46 years$10,443$6,064$3,367$1,807$947$505
47 years$10,105$5,787$3,163$1,669$860$451
48 years$9,782$5,524$2,972$1,542$781$403
49 years$9,473$5,275$2,794$1,425$709$360
50 years$9,178$5,039$2,627$1,318$644$321

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 $6,464 every year, while hoping to spend $34,094 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: 80/14/6 Blend
29$9,400,000$9,400,000$9,400,000$9,400,000
30$10,365,468$9,867,268$9,721,568$11,189,534
31$11,386,470$10,314,488$10,010,964$12,177,159
32$12,510,471$10,782,479$10,308,913$13,255,387
33$13,747,942$11,272,224$10,615,665$14,437,394
34$15,110,419$11,784,750$10,931,477$15,733,517
35$16,610,615$12,321,136$11,256,614$17,155,138
36$18,262,537$12,882,511$11,591,350$18,714,790
37$20,081,621$13,470,059$11,935,965$20,426,272
38$22,084,875$14,085,020$12,290,749$22,304,778
39$24,291,041$14,728,695$12,655,997$24,367,042
40$26,720,771$15,402,445$13,032,018$26,631,489
41$29,396,824$16,107,699$13,419,124$29,118,411
42$32,344,275$16,845,952$13,817,640$31,850,157
43$35,590,760$17,618,772$14,227,900$34,851,340
44$39,166,727$18,427,802$14,650,245$38,149,067
45$43,105,734$19,274,765$15,085,028$41,773,196
46$47,444,755$20,161,464$15,532,613$45,756,612
47$52,224,537$21,089,793$15,993,372$50,135,538
48$57,489,979$22,061,733$16,467,690$54,949,874
49$63,290,561$23,079,361$16,955,962$60,243,568
50$69,680,805$24,144,857$17,458,593$66,065,035
51$76,720,795$25,260,502$17,976,003$72,467,604
52$84,476,738$26,428,689$18,508,622$79,510,024
53$93,021,596$27,651,925$19,056,891$87,257,011
54$102,435,768$28,932,839$19,621,267$95,779,862
55$112,807,855$30,274,186$20,202,217$105,157,120
56$124,235,488$31,678,854$20,800,224$115,475,311
57$136,826,259$33,149,869$21,415,782$126,829,763
58$150,698,730$34,690,405$22,049,403$139,325,499
59$165,983,552$36,303,786$22,701,610$153,078,222
60$182,824,703$37,993,501$23,372,943$168,215,408
61$201,380,843$39,763,202$24,063,957$184,877,503
62$221,826,812$41,616,722$24,775,222$203,219,244
63$244,355,281$43,558,075$25,507,326$223,411,118
64$269,178,570$45,591,472$26,260,872$245,640,961
65$296,530,656$47,721,326$27,036,483$270,115,733
66$326,669,374$49,952,262$27,834,796$297,063,462
67$359,878,858$52,289,131$28,656,470$326,735,394
68$396,472,220$54,737,016$29,502,180$359,408,356
69$436,794,504$57,301,248$30,372,621$395,387,367
70$481,225,948$59,987,414$31,268,508$435,008,509
71$530,185,570$62,801,372$32,190,578$478,642,093
72$584,135,121$65,749,262$33,139,586$526,696,150
73$643,583,452$68,837,525$34,116,310$579,620,276
74$709,091,309$72,072,908$35,121,551$637,909,866
75$781,276,631$75,462,489$36,156,132$702,110,786
76$860,820,383$79,013,686$37,220,898$772,824,518
77$948,472,984$82,734,279$38,316,720$850,713,827
78$1,045,061,391$86,632,422$39,444,493$936,509,012
79$1,151,496,907$90,716,665$40,605,138$1,031,014,790
80$1,268,783,783$94,995,972$41,799,600$1,135,117,885
81$1,398,028,696$99,479,742$43,028,855$1,249,795,386
82$1,540,451,204$104,177,830$44,293,902$1,376,123,963
83$1,697,395,249$109,100,567$45,595,770$1,515,290,018
84$1,870,341,855$114,258,785$46,935,519$1,668,600,879
85$2,060,923,103$119,663,844$48,314,237$1,837,497,122
86$2,270,937,538$125,327,651$49,733,043$2,023,566,167
87$2,502,367,154$131,262,693$51,193,087$2,228,557,244
88$2,757,396,102$137,482,063$52,695,554$2,454,397,896
89$3,038,431,309$143,999,489$54,241,659$2,703,212,163
90$3,348,125,202$150,829,363$55,832,655$2,977,340,617
91$3,689,400,750$157,986,780$57,469,826$3,279,362,443
92$4,065,479,058$165,487,563$59,154,496$3,612,119,775
93$4,479,909,775$173,348,307$60,888,025$3,978,744,506
94$4,936,604,608$181,586,410$62,671,811$4,382,687,839
95$5,439,874,252$190,220,118$64,507,290$4,827,752,851
96$5,994,469,083$199,268,560$66,395,941$5,318,130,375
97$6,605,624,007$208,751,798$68,339,283$5,858,438,548
98$7,279,107,885$218,690,865$70,338,878$6,453,766,381
99$8,021,277,990$229,107,819$72,396,331$7,109,721,788
100$8,839,140,031$240,025,788$74,513,294$7,832,484,501