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%18.3%
1 years$784,501$777,513$770,696$764,041$757,543$732,122
2 years$388,367$381,134$374,124$367,327$360,735$335,374
3 years$256,339$249,075$242,083$235,350$228,865$204,361
4 years$190,339$183,097$176,174$169,557$163,228$139,769
5 years$150,748$143,550$136,719$130,236$124,084$101,731
6 years$124,364$117,219$110,489$104,151$98,183$76,955
7 years$105,525$98,441$91,817$85,628$79,849$59,742
8 years$91,402$84,382$77,868$71,831$66,243$47,242
9 years$80,423$73,470$67,068$61,184$55,786$37,869
10 years$71,646$64,760$58,471$52,741$47,532$30,670
11 years$64,469$57,652$51,477$45,901$40,879$25,039
12 years$58,492$51,745$45,685$40,261$35,425$20,571
13 years$53,439$46,763$40,816$35,545$30,891$16,985
14 years$49,111$42,506$36,673$31,552$27,079$14,082
15 years$45,364$38,830$33,111$28,139$23,843$11,713
16 years$42,089$35,626$30,020$25,196$21,072$9,769
17 years$39,201$32,810$27,317$22,638$18,684$8,166
18 years$36,638$30,318$24,937$20,401$16,613$6,838
19 years$34,347$28,098$22,829$18,434$14,808$5,735
20 years$32,287$26,110$20,951$16,696$13,226$4,816
21 years$30,427$24,321$19,271$15,153$11,836$4,048
22 years$28,737$22,702$17,761$13,777$10,609$3,406
23 years$27,197$21,233$16,399$12,547$9,524$2,868
24 years$25,787$19,894$15,167$11,444$8,560$2,416
25 years$24,492$18,670$14,047$10,451$7,703$2,037
26 years$23,299$17,546$13,028$9,556$6,938$1,718
27 years$22,196$16,513$12,098$8,747$6,256$1,449
28 years$21,173$15,560$11,246$8,014$5,644$1,223
29 years$20,223$14,679$10,466$7,349$5,097$1,032
30 years$19,338$13,863$9,748$6,745$4,605$872
31 years$18,511$13,105$9,088$6,194$4,164$736
32 years$17,738$12,400$8,479$5,693$3,766$622
33 years$17,013$11,743$7,917$5,235$3,408$525
34 years$16,332$11,130$7,397$4,817$3,086$444
35 years$15,692$10,557$6,916$4,434$2,795$375
36 years$15,088$10,020$6,470$4,084$2,533$317
37 years$14,519$9,516$6,056$3,762$2,295$268
38 years$13,980$9,044$5,671$3,468$2,081$226
39 years$13,471$8,600$5,313$3,198$1,887$191
40 years$12,988$8,182$4,980$2,949$1,712$161
41 years$12,530$7,789$4,670$2,721$1,553$136
42 years$12,095$7,418$4,380$2,511$1,409$115
43 years$11,681$7,068$4,110$2,318$1,279$98
44 years$11,287$6,737$3,858$2,140$1,161$82
45 years$10,912$6,424$3,623$1,977$1,054$70
46 years$10,554$6,128$3,403$1,826$957$59
47 years$10,213$5,848$3,197$1,687$869$50
48 years$9,886$5,583$3,004$1,559$789$42
49 years$9,574$5,332$2,823$1,441$717$36
50 years$9,275$5,093$2,654$1,332$651$30

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 $6,366 every year, while hoping to spend $56,725 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: 61/16/23 Blend
29$9,500,000$9,500,000$9,500,000$9,500,000
30$10,475,567$9,972,067$9,824,817$11,050,494
31$11,483,719$10,400,343$10,093,593$11,869,170
32$12,592,803$10,847,703$10,369,472$12,755,529
33$13,813,051$11,315,024$10,652,632$13,721,701
34$15,155,742$11,803,220$10,943,255$14,775,463
35$16,633,302$12,313,251$11,241,528$15,925,375
36$18,259,419$12,846,121$11,547,640$17,180,852
37$20,049,181$13,402,882$11,861,787$18,552,260
38$22,019,209$13,984,635$12,184,168$20,051,003
39$24,187,817$14,592,531$12,514,986$21,689,635
40$26,575,186$15,227,777$12,854,451$23,481,974
41$29,203,554$15,891,637$13,202,774$25,443,231
42$32,097,423$16,585,434$13,560,173$27,590,152
43$35,283,793$17,310,552$13,926,871$29,941,171
44$38,792,414$18,068,443$14,303,095$32,516,585
45$42,656,069$18,860,626$14,689,078$35,338,743
46$46,910,881$19,688,690$15,085,056$38,432,249
47$51,596,658$20,554,302$15,491,272$41,824,201
48$56,757,261$21,459,207$15,907,973$45,544,436
49$62,441,024$22,405,231$16,335,413$49,625,811
50$68,701,208$23,394,287$16,773,849$54,104,512
51$75,596,505$24,428,380$17,223,546$59,020,392
52$83,191,586$25,509,608$17,684,773$64,417,342
53$91,557,719$26,640,170$18,157,804$70,343,702
54$100,773,436$27,822,369$18,642,920$76,852,719
55$110,925,276$29,058,615$19,140,408$84,003,038
56$122,108,603$30,351,435$19,650,559$91,859,257
57$134,428,500$31,703,475$20,173,673$100,492,533
58$148,000,769$33,117,507$20,710,053$109,981,246
59$162,953,016$34,596,434$21,260,009$120,411,738
60$179,425,863$36,143,298$21,823,858$131,879,122
61$197,574,266$37,761,285$22,401,922$144,488,177
62$217,568,986$39,453,733$22,994,531$158,354,329
63$239,598,195$41,224,138$23,602,021$173,604,738
64$263,869,254$43,076,164$24,224,731$190,379,494
65$290,610,670$45,013,648$24,863,012$208,832,930
66$320,074,254$47,040,612$25,517,219$229,135,079
67$352,537,494$49,161,268$26,187,711$251,473,266
68$388,306,177$51,380,030$26,874,859$276,053,878
69$427,717,278$53,701,522$27,579,037$303,104,299
70$471,142,132$56,130,588$28,300,627$332,875,055
71$518,989,949$58,672,306$29,040,017$365,642,169
72$571,711,669$61,331,995$29,797,604$401,709,759
73$629,804,225$64,115,228$30,573,789$441,412,905
74$693,815,227$67,027,846$31,368,982$485,120,800
75$764,348,137$70,075,967$32,183,600$533,240,229
76$842,067,962$73,266,005$33,018,066$586,219,401
77$927,707,534$76,604,678$33,872,810$644,552,171
78$1,022,074,423$80,099,029$34,748,270$708,782,690
79$1,126,058,569$83,756,435$35,644,891$779,510,538
80$1,240,640,672$87,584,630$36,563,125$857,396,367
81$1,366,901,460$91,591,716$37,503,429$943,168,135
82$1,506,031,885$95,786,186$38,466,270$1,037,627,958
83$1,659,344,367$100,176,939$39,452,120$1,141,659,679
84$1,828,285,185$104,773,302$40,461,458$1,256,237,196
85$2,014,448,129$109,585,048$41,494,772$1,382,433,642
86$2,219,589,545$114,622,423$42,552,554$1,521,431,507
87$2,445,644,919$119,896,162$43,635,305$1,674,533,784
88$2,694,747,144$125,417,517$44,743,531$1,843,176,257
89$2,969,246,659$131,198,282$45,877,745$2,028,941,039
90$3,271,733,637$137,250,816$47,038,468$2,233,571,495
91$3,605,062,436$143,588,074$48,226,225$2,458,988,683
92$3,972,378,550$150,223,635$49,441,549$2,707,309,473
93$4,377,148,300$157,171,731$50,684,979$2,980,866,512
94$4,823,191,559$164,447,278$51,957,058$3,282,230,231
95$5,314,717,815$172,065,912$53,258,337$3,614,233,086
96$5,856,365,913$180,044,022$54,589,371$3,979,996,286
97$6,453,247,843$188,398,786$55,950,722$4,382,959,230
98$7,110,997,007$197,148,211$57,342,955$4,826,911,962
99$7,835,821,399$206,311,171$58,766,642$5,316,030,925
100$8,634,562,214$215,907,450$60,222,357$5,854,918,364