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%18.6%
1 years$776,243$769,329$762,583$755,999$749,569$723,550
2 years$384,279$377,122$370,186$363,461$356,938$330,993
3 years$253,641$246,453$239,535$232,873$226,456$201,400
4 years$188,335$181,169$174,320$167,772$161,510$137,536
5 years$149,162$142,039$135,279$128,865$122,778$99,947
6 years$123,055$115,985$109,326$103,054$97,150$75,481
7 years$104,414$97,404$90,850$84,727$79,009$58,498
8 years$90,440$83,494$77,048$71,075$65,545$46,176
9 years$79,577$72,696$66,362$60,540$55,199$36,946
10 years$70,892$64,078$57,856$52,186$47,032$29,866
11 years$63,790$57,045$50,935$45,418$40,449$24,335
12 years$57,876$51,201$45,204$39,837$35,052$19,953
13 years$52,876$46,270$40,386$35,170$30,566$16,441
14 years$48,594$42,058$36,287$31,220$26,794$13,602
15 years$44,887$38,421$32,763$27,843$23,592$11,290
16 years$41,646$35,251$29,704$24,930$20,850$9,396
17 years$38,789$32,465$27,030$22,400$18,487$7,836
18 years$36,252$29,999$24,675$20,187$16,438$6,548
19 years$33,985$27,802$22,588$18,240$14,652$5,479
20 years$31,948$25,835$20,730$16,520$13,087$4,590
21 years$30,106$24,065$19,068$14,993$11,712$3,850
22 years$28,435$22,463$17,574$13,632$10,498$3,232
23 years$26,911$21,010$16,227$12,415$9,423$2,715
24 years$25,516$19,685$15,007$11,323$8,470$2,282
25 years$24,235$18,473$13,899$10,341$7,622$1,919
26 years$23,054$17,362$12,891$9,455$6,865$1,614
27 years$21,962$16,339$11,970$8,655$6,190$1,358
28 years$20,951$15,397$11,128$7,930$5,585$1,144
29 years$20,010$14,525$10,356$7,272$5,043$963
30 years$19,134$13,717$9,646$6,674$4,557$811
31 years$18,317$12,967$8,993$6,129$4,120$683
32 years$17,551$12,270$8,390$5,633$3,727$576
33 years$16,834$11,620$7,834$5,180$3,373$485
34 years$16,160$11,013$7,320$4,766$3,054$409
35 years$15,527$10,445$6,843$4,387$2,766$344
36 years$14,929$9,914$6,402$4,041$2,506$290
37 years$14,366$9,416$5,992$3,723$2,271$245
38 years$13,833$8,949$5,611$3,431$2,059$206
39 years$13,329$8,509$5,257$3,164$1,867$174
40 years$12,851$8,096$4,927$2,918$1,694$147
41 years$12,398$7,707$4,620$2,692$1,536$124
42 years$11,968$7,340$4,334$2,485$1,394$104
43 years$11,558$6,993$4,067$2,294$1,265$88
44 years$11,169$6,666$3,818$2,118$1,149$74
45 years$10,797$6,357$3,585$1,956$1,043$62
46 years$10,443$6,064$3,367$1,807$947$53
47 years$10,105$5,787$3,163$1,669$860$44
48 years$9,782$5,524$2,972$1,542$781$37
49 years$9,473$5,275$2,794$1,425$709$32
50 years$9,178$5,039$2,627$1,318$644$27

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 $5,380 every year, while hoping to spend $57,453 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: 33/46/21 Blend
29$9,400,000$9,400,000$9,400,000$9,400,000
30$10,364,349$9,866,149$9,720,449$10,639,238
31$11,360,384$10,288,461$9,984,955$11,266,861
32$12,456,088$10,729,541$10,256,396$11,937,198
33$13,661,567$11,190,247$10,534,944$12,658,472
34$14,987,957$11,671,479$10,820,774$13,435,205
35$16,447,525$12,174,178$11,114,067$14,272,352
36$18,053,789$12,699,329$11,415,004$15,175,345
37$19,821,644$13,247,964$11,723,775$16,150,137
38$21,767,500$13,821,163$12,040,570$17,203,261
39$23,909,441$14,420,056$12,365,585$18,341,880
40$26,267,392$15,045,827$12,699,021$19,573,855
41$28,863,309$15,699,715$13,041,081$20,907,814
42$31,721,383$16,383,018$13,391,974$22,353,224
43$34,868,273$17,097,095$13,751,914$23,920,483
44$38,333,351$17,843,367$14,121,117$25,621,007
45$42,148,986$18,623,325$14,499,808$27,467,333
46$46,350,843$19,438,528$14,888,212$29,473,233
47$50,978,223$20,290,611$15,286,561$31,653,840
48$56,074,434$21,181,282$15,695,092$34,025,778
49$61,687,195$22,112,334$16,114,047$36,607,318
50$67,869,092$23,085,642$16,543,671$39,418,544
51$74,678,073$24,103,171$16,984,217$42,481,529
52$82,177,988$25,166,978$17,435,940$45,820,544
53$90,439,202$26,279,219$17,899,103$49,462,274
54$99,539,249$27,442,150$18,373,972$53,436,062
55$109,563,572$28,658,135$18,860,819$57,774,180
56$120,606,323$29,929,649$19,359,923$62,512,123
57$132,771,253$31,259,287$19,871,565$67,688,933
58$146,172,692$32,649,764$20,396,035$73,347,563
59$160,936,631$34,103,926$20,933,625$79,535,265
60$177,201,901$35,624,753$21,484,637$86,304,032
61$195,121,497$37,215,368$22,049,373$93,711,074
62$214,864,008$38,879,039$22,628,146$101,819,347
63$236,615,220$40,619,195$23,221,271$110,698,134
64$260,579,860$42,439,423$23,829,072$120,423,691
65$286,983,534$44,343,484$24,451,875$131,079,945
66$316,074,857$46,335,316$25,090,014$142,759,283
67$348,127,792$48,419,047$25,743,830$155,563,398
68$383,444,247$50,599,000$26,413,668$169,604,244
69$422,356,913$52,879,704$27,099,879$185,005,071
70$465,232,413$55,265,905$27,802,820$201,901,571
71$512,474,761$57,762,575$28,522,856$220,443,148
72$564,529,170$60,374,925$29,260,355$240,794,301
73$621,886,261$63,108,412$30,015,692$263,136,167
74$685,086,691$65,968,756$30,789,250$287,668,203
75$754,726,259$68,961,950$31,581,415$314,610,054
76$831,461,525$72,094,274$32,392,580$344,203,600
77$916,016,014$75,372,306$33,223,145$376,715,220
78$1,009,187,041$78,802,943$34,073,514$412,438,282
79$1,111,853,241$82,393,409$34,944,098$451,695,886
80$1,224,982,860$86,151,275$35,835,314$494,843,889
81$1,349,642,899$90,084,475$36,747,585$542,274,236
82$1,487,009,184$94,201,323$37,681,338$594,418,634
83$1,638,377,465$98,510,532$38,637,007$651,752,595
84$1,805,175,651$103,021,232$39,615,031$714,799,893
85$1,988,977,288$107,742,993$40,615,855$784,137,479
86$2,191,516,414$112,685,843$41,639,929$860,400,890
87$2,414,703,929$117,860,290$42,687,708$944,290,214
88$2,660,645,636$123,277,350$43,759,652$1,036,576,664
89$2,931,662,116$128,948,566$44,856,226$1,138,109,814
90$3,230,310,642$134,886,036$45,977,900$1,249,825,583
91$3,559,409,317$141,102,440$47,125,148$1,372,755,022
92$3,922,063,676$147,611,069$48,298,449$1,508,034,010
93$4,321,696,009$154,425,850$49,498,286$1,656,913,923
94$4,762,077,669$161,561,384$50,725,146$1,820,773,403
95$5,247,364,671$169,032,971$51,979,518$2,001,131,316
96$5,782,136,933$176,856,652$53,261,897$2,199,661,042
97$6,371,441,508$185,049,236$54,572,779$2,418,206,215
98$7,020,840,239$193,628,345$55,912,663$2,658,798,066
99$7,736,462,258$202,612,449$57,282,053$2,923,674,537
100$8,525,061,858$212,020,908$58,681,450$3,215,301,347