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%15.3%
1 years$784,501$777,513$770,696$764,041$757,543$741,037
2 years$388,367$381,134$374,124$367,327$360,735$344,188
3 years$256,339$249,075$242,083$235,350$228,865$212,794
4 years$190,339$183,097$176,174$169,557$163,228$147,758
5 years$150,748$143,550$136,719$130,236$124,084$109,256
6 years$124,364$117,219$110,489$104,151$98,183$84,015
7 years$105,525$98,441$91,817$85,628$79,849$66,343
8 years$91,402$84,382$77,868$71,831$66,243$53,394
9 years$80,423$73,470$67,068$61,184$55,786$43,585
10 years$71,646$64,760$58,471$52,741$47,532$35,966
11 years$64,469$57,652$51,477$45,901$40,879$29,934
12 years$58,492$51,745$45,685$40,261$35,425$25,083
13 years$53,439$46,763$40,816$35,545$30,891$21,134
14 years$49,111$42,506$36,673$31,552$27,079$17,887
15 years$45,364$38,830$33,111$28,139$23,843$15,195
16 years$42,089$35,626$30,020$25,196$21,072$12,949
17 years$39,201$32,810$27,317$22,638$18,684$11,063
18 years$36,638$30,318$24,937$20,401$16,613$9,472
19 years$34,347$28,098$22,829$18,434$14,808$8,125
20 years$32,287$26,110$20,951$16,696$13,226$6,981
21 years$30,427$24,321$19,271$15,153$11,836$6,005
22 years$28,737$22,702$17,761$13,777$10,609$5,172
23 years$27,197$21,233$16,399$12,547$9,524$4,459
24 years$25,787$19,894$15,167$11,444$8,560$3,847
25 years$24,492$18,670$14,047$10,451$7,703$3,322
26 years$23,299$17,546$13,028$9,556$6,938$2,870
27 years$22,196$16,513$12,098$8,747$6,256$2,480
28 years$21,173$15,560$11,246$8,014$5,644$2,145
29 years$20,223$14,679$10,466$7,349$5,097$1,856
30 years$19,338$13,863$9,748$6,745$4,605$1,606
31 years$18,511$13,105$9,088$6,194$4,164$1,390
32 years$17,738$12,400$8,479$5,693$3,766$1,204
33 years$17,013$11,743$7,917$5,235$3,408$1,043
34 years$16,332$11,130$7,397$4,817$3,086$903
35 years$15,692$10,557$6,916$4,434$2,795$783
36 years$15,088$10,020$6,470$4,084$2,533$678
37 years$14,519$9,516$6,056$3,762$2,295$588
38 years$13,980$9,044$5,671$3,468$2,081$509
39 years$13,471$8,600$5,313$3,198$1,887$441
40 years$12,988$8,182$4,980$2,949$1,712$383
41 years$12,530$7,789$4,670$2,721$1,553$332
42 years$12,095$7,418$4,380$2,511$1,409$288
43 years$11,681$7,068$4,110$2,318$1,279$249
44 years$11,287$6,737$3,858$2,140$1,161$216
45 years$10,912$6,424$3,623$1,977$1,054$187
46 years$10,554$6,128$3,403$1,826$957$163
47 years$10,213$5,848$3,197$1,687$869$141
48 years$9,886$5,583$3,004$1,559$789$122
49 years$9,574$5,332$2,823$1,441$717$106
50 years$9,275$5,093$2,654$1,332$651$92

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 $5,997 every year, while hoping to spend $49,534 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: 79/14/7 Blend
29$9,500,000$9,500,000$9,500,000$9,500,000
30$10,475,186$9,971,686$9,824,436$11,294,123
31$11,490,951$10,407,595$10,100,851$12,267,730
32$12,608,664$10,863,203$10,384,865$13,328,395
33$13,838,671$11,339,423$10,676,682$14,490,418
34$15,192,373$11,837,212$10,976,508$15,763,878
35$16,682,330$12,357,571$11,284,556$17,159,874
36$18,322,384$12,901,547$11,601,044$18,690,625
37$20,127,784$13,470,240$11,926,196$20,369,586
38$22,115,335$14,064,799$12,260,241$22,211,571
39$24,303,554$14,686,429$12,603,414$24,232,895
40$26,712,843$15,336,391$12,955,955$26,451,524
41$29,365,685$16,016,007$13,318,112$28,887,241
42$32,286,854$16,726,659$13,690,137$31,561,835
43$35,503,646$17,469,799$14,072,290$34,499,304
44$39,046,143$18,246,944$14,464,836$37,726,077
45$42,947,489$19,059,684$14,868,048$41,271,264
46$47,244,210$19,909,685$15,282,205$45,166,927
47$51,976,553$20,798,694$15,707,592$49,448,382
48$57,188,868$21,728,536$16,144,503$54,154,529
49$62,930,027$22,701,128$16,593,238$59,328,218
50$69,253,882$23,718,476$17,054,104$65,016,650
51$76,219,778$24,782,682$17,527,417$71,271,819
52$83,893,108$25,895,946$18,013,498$78,151,003
53$92,345,934$27,060,576$18,512,679$85,717,301
54$101,657,663$28,278,988$19,025,298$94,040,223
55$111,915,801$29,553,715$19,551,701$103,196,346
56$123,216,774$30,887,408$20,092,245$113,270,032
57$135,666,842$32,282,848$20,647,291$124,354,225
58$149,383,098$33,742,945$21,217,214$136,551,318
59$164,494,576$35,270,752$21,802,393$149,974,122
60$181,143,469$36,869,466$22,403,220$164,746,924
61$199,486,469$38,542,435$23,020,093$181,006,659
62$219,696,244$40,293,170$23,653,422$198,904,195
63$241,963,075$42,125,349$24,303,625$218,605,755
64$266,496,644$44,042,826$24,971,132$240,294,483
65$293,528,017$46,049,640$25,656,380$264,172,165
66$323,311,824$48,150,022$26,359,818$290,461,132
67$356,128,664$50,348,407$27,081,906$319,406,352
68$392,287,751$52,649,442$27,823,113$351,277,738
69$432,129,835$55,057,998$28,583,921$386,372,690
70$476,030,417$57,579,179$29,364,821$425,018,898
71$524,403,293$60,218,332$30,166,316$467,577,426
72$577,704,462$62,981,064$30,988,921$514,446,120
73$636,436,430$65,873,249$31,833,163$566,063,351
74$701,152,951$68,901,043$32,699,579$622,912,151
75$772,464,257$72,070,900$33,588,720$685,524,764
76$851,042,819$75,389,581$34,501,149$754,487,662
77$937,629,690$78,864,174$35,437,442$830,447,078
78$1,033,041,509$82,502,109$36,398,186$914,115,091
79$1,138,178,200$86,311,170$37,383,983$1,006,276,349
80$1,254,031,478$90,299,519$38,395,448$1,107,795,459
81$1,381,694,202$94,475,708$39,433,208$1,219,625,147
82$1,522,370,697$98,848,704$40,497,907$1,342,815,236
83$1,677,388,120$103,427,902$41,590,198$1,478,522,552
84$1,848,208,991$108,223,153$42,710,754$1,628,021,831
85$2,036,445,002$113,244,780$43,860,257$1,792,717,745
86$2,243,872,224$118,503,607$45,039,408$1,974,158,149
87$2,472,447,882$124,010,975$46,248,919$2,174,048,680
88$2,724,328,830$129,778,776$47,489,522$2,394,268,853
89$3,001,891,908$135,819,474$48,761,959$2,636,889,783
90$3,307,756,390$142,146,135$50,066,991$2,904,193,729
91$3,644,808,701$148,772,455$51,405,394$3,198,695,627
92$4,016,229,674$155,712,791$52,777,961$3,523,166,812
93$4,425,524,576$162,982,194$54,185,498$3,880,661,170
94$4,876,556,202$170,596,441$55,628,832$4,274,543,949
95$5,373,581,340$178,572,071$57,108,803$4,708,523,515
96$5,921,290,959$186,926,425$58,626,270$5,186,686,341
97$6,524,854,495$195,677,678$60,182,108$5,713,535,569
98$7,189,968,655$204,844,885$61,777,210$6,294,033,503
99$7,922,911,198$214,448,025$63,412,487$6,933,648,434
100$8,730,600,201$224,508,039$65,088,866$7,638,406,246