Can I retire at age 30 with 9,500,000?

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 $9,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$784,501$777,513$770,696$764,041$757,543$733,588
2 years$388,367$381,134$374,124$367,327$360,735$336,817
3 years$256,339$249,075$242,083$235,350$228,865$205,735
4 years$190,339$183,097$176,174$169,557$163,228$141,064
5 years$150,748$143,550$136,719$130,236$124,084$102,945
6 years$124,364$117,219$110,489$104,151$98,183$78,087
7 years$105,525$98,441$91,817$85,628$79,849$60,794
8 years$91,402$84,382$77,868$71,831$66,243$48,216
9 years$80,423$73,470$67,068$61,184$55,786$38,767
10 years$71,646$64,760$58,471$52,741$47,532$31,497
11 years$64,469$57,652$51,477$45,901$40,879$25,797
12 years$58,492$51,745$45,685$40,261$35,425$21,264
13 years$53,439$46,763$40,816$35,545$30,891$17,618
14 years$49,111$42,506$36,673$31,552$27,079$14,657
15 years$45,364$38,830$33,111$28,139$23,843$12,235
16 years$42,089$35,626$30,020$25,196$21,072$10,241
17 years$39,201$32,810$27,317$22,638$18,684$8,592
18 years$36,638$30,318$24,937$20,401$16,613$7,222
19 years$34,347$28,098$22,829$18,434$14,808$6,080
20 years$32,287$26,110$20,951$16,696$13,226$5,125
21 years$30,427$24,321$19,271$15,153$11,836$4,325
22 years$28,737$22,702$17,761$13,777$10,609$3,653
23 years$27,197$21,233$16,399$12,547$9,524$3,088
24 years$25,787$19,894$15,167$11,444$8,560$2,612
25 years$24,492$18,670$14,047$10,451$7,703$2,211
26 years$23,299$17,546$13,028$9,556$6,938$1,872
27 years$22,196$16,513$12,098$8,747$6,256$1,586
28 years$21,173$15,560$11,246$8,014$5,644$1,344
29 years$20,223$14,679$10,466$7,349$5,097$1,139
30 years$19,338$13,863$9,748$6,745$4,605$965
31 years$18,511$13,105$9,088$6,194$4,164$819
32 years$17,738$12,400$8,479$5,693$3,766$694
33 years$17,013$11,743$7,917$5,235$3,408$589
34 years$16,332$11,130$7,397$4,817$3,086$500
35 years$15,692$10,557$6,916$4,434$2,795$424
36 years$15,088$10,020$6,470$4,084$2,533$360
37 years$14,519$9,516$6,056$3,762$2,295$305
38 years$13,980$9,044$5,671$3,468$2,081$259
39 years$13,471$8,600$5,313$3,198$1,887$220
40 years$12,988$8,182$4,980$2,949$1,712$187
41 years$12,530$7,789$4,670$2,721$1,553$158
42 years$12,095$7,418$4,380$2,511$1,409$134
43 years$11,681$7,068$4,110$2,318$1,279$114
44 years$11,287$6,737$3,858$2,140$1,161$97
45 years$10,912$6,424$3,623$1,977$1,054$82
46 years$10,554$6,128$3,403$1,826$957$70
47 years$10,213$5,848$3,197$1,687$869$59
48 years$9,886$5,583$3,004$1,559$789$50
49 years$9,574$5,332$2,823$1,441$717$43
50 years$9,275$5,093$2,654$1,332$651$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $9,500,000, adding $4,052 every year, while hoping to spend $59,231 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: 46/27/27 Blend
29$9,500,000$9,500,000$9,500,000$9,500,000
30$10,473,180$9,969,680$9,822,430$10,873,387
31$11,478,423$10,395,173$10,088,460$11,582,362
32$12,584,215$10,839,530$10,361,417$12,345,070
33$13,800,751$11,303,612$10,641,470$13,171,488
34$15,139,261$11,788,323$10,928,793$14,067,612
35$16,612,121$12,294,606$11,223,562$15,040,033
36$18,232,964$12,823,449$11,525,959$16,095,993
37$20,016,816$13,375,887$11,836,168$17,243,453
38$21,980,230$13,953,004$12,154,378$18,491,164
39$24,141,445$14,555,932$12,480,781$19,848,746
40$26,520,559$15,185,861$12,815,574$21,326,780
41$29,139,719$15,844,031$13,158,959$22,936,900
42$32,023,327$16,531,744$13,511,140$24,691,901
43$35,198,270$17,250,364$13,872,327$26,605,858
44$38,694,177$18,001,315$14,242,734$28,694,255
45$42,543,696$18,786,092$14,622,578$30,974,124
46$46,782,801$19,606,258$15,012,082$33,464,208
47$51,451,133$20,463,452$15,411,474$36,185,129
48$56,592,375$21,359,387$15,820,985$39,159,581
49$62,254,660$22,295,860$16,240,851$42,412,538
50$68,491,029$23,274,751$16,671,313$45,971,488
51$75,359,929$24,298,029$17,112,617$49,866,685
52$82,925,765$25,367,756$17,565,013$54,131,432
53$91,259,510$26,486,092$18,028,757$58,802,388
54$100,439,368$27,655,299$18,504,109$63,919,913
55$110,551,521$28,877,746$18,991,334$69,528,437
56$121,690,934$30,155,914$19,490,702$75,676,879
57$133,962,257$31,492,401$20,002,488$82,419,101
58$147,480,809$32,889,930$20,526,973$89,814,410
59$162,373,667$34,351,352$21,064,441$97,928,112
60$178,780,865$35,879,653$21,615,185$106,832,119
61$196,856,718$37,477,960$22,179,498$116,605,625
62$216,771,274$39,149,551$22,757,682$127,335,844
63$238,711,923$40,897,858$23,350,043$139,118,826
64$262,885,162$42,726,476$23,956,893$152,060,353
65$289,518,548$44,639,172$24,578,548$166,276,933
66$318,862,840$46,639,892$25,215,329$181,896,891
67$351,194,372$48,732,770$25,867,565$199,061,567
68$386,817,657$50,922,135$26,535,588$217,926,644
69$426,068,264$53,212,525$27,219,736$238,663,610
70$469,315,981$55,608,693$27,920,352$261,461,359
71$516,968,312$58,115,619$28,637,784$286,527,971
72$569,474,316$60,738,521$29,372,386$314,092,661
73$627,328,852$63,482,865$30,124,517$344,407,932
74$691,077,249$66,354,378$30,894,541$377,751,944
75$761,320,448$69,359,063$31,682,829$414,431,133
76$838,720,683$72,503,207$32,489,753$454,783,082
77$924,007,728$75,793,398$33,315,694$499,179,701
78$1,017,985,783$79,236,542$34,161,037$548,030,719
79$1,121,541,071$82,839,871$35,026,170$601,787,538
80$1,235,650,202$86,610,967$35,911,489$660,947,478
81$1,361,389,391$90,557,772$36,817,392$726,058,457
82$1,499,944,618$94,688,612$37,744,283$797,724,142
83$1,652,622,823$99,012,208$38,692,571$876,609,633
84$1,820,864,246$103,537,701$39,662,668$963,447,721
85$2,006,256,023$108,274,672$40,654,990$1,059,045,786
86$2,210,547,164$113,233,158$41,669,960$1,164,293,398
87$2,435,665,073$118,423,680$42,708,001$1,280,170,697
88$2,683,733,734$123,857,264$43,769,543$1,407,757,614
89$2,957,093,769$129,545,465$44,855,017$1,548,244,054
90$3,258,324,533$135,500,392$45,964,859$1,702,941,092
91$3,590,268,461$141,734,737$47,099,508$1,873,293,336
92$3,956,057,908$148,261,803$48,259,405$2,060,892,530
93$4,359,144,712$155,095,529$49,444,993$2,267,492,552
94$4,803,332,791$162,250,529$50,656,719$2,495,025,950
95$5,292,814,047$169,742,115$51,895,030$2,745,622,144
96$5,832,207,942$177,586,341$53,160,375$3,021,627,505
97$6,426,605,110$185,800,030$54,453,206$3,325,627,470
98$7,081,615,417$194,400,817$55,773,974$3,660,470,913
99$7,803,420,917$203,407,184$57,123,130$4,029,297,003
100$8,598,834,221$212,838,507$58,501,125$4,435,564,803