Can I retire at age 30 with 9,600,000?

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 $9,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$792,759$785,698$778,808$772,084$765,517$742,202
2 years$392,455$385,146$378,062$371,194$364,532$341,242
3 years$259,038$251,697$244,631$237,828$231,274$208,740
4 years$192,342$185,024$178,029$171,341$164,947$143,341
5 years$152,335$145,061$138,158$131,607$125,390$104,772
6 years$125,673$118,453$111,652$105,247$99,217$79,604
7 years$106,636$99,477$92,783$86,529$80,690$62,081
8 years$92,364$85,270$78,688$72,587$66,940$49,324
9 years$81,270$74,243$67,774$61,828$56,373$39,731
10 years$72,400$65,441$59,087$53,297$48,033$32,340
11 years$65,147$58,259$52,019$46,384$41,310$26,539
12 years$59,108$52,290$46,165$40,685$35,798$21,920
13 years$54,001$47,255$41,246$35,919$31,217$18,198
14 years$49,628$42,953$37,060$31,885$27,364$15,171
15 years$45,842$39,239$33,460$28,435$24,094$12,690
16 years$42,532$36,001$30,336$25,461$21,294$10,645
17 years$39,614$33,155$27,605$22,876$18,881$8,951
18 years$37,024$30,637$25,200$20,616$16,788$7,540
19 years$34,708$28,394$23,069$18,629$14,963$6,362
20 years$32,627$26,385$21,172$16,872$13,366$5,375
21 years$30,747$24,577$19,474$15,312$11,961$4,547
22 years$29,040$22,941$17,948$13,922$10,721$3,850
23 years$27,483$21,457$16,572$12,679$9,624$3,262
24 years$26,059$20,104$15,326$11,564$8,650$2,766
25 years$24,750$18,866$14,195$10,561$7,784$2,346
26 years$23,544$17,731$13,165$9,657$7,011$1,992
27 years$22,430$16,687$12,225$8,839$6,321$1,691
28 years$21,396$15,724$11,365$8,098$5,704$1,436
29 years$20,436$14,834$10,576$7,426$5,150$1,220
30 years$19,541$14,009$9,851$6,816$4,654$1,037
31 years$18,706$13,243$9,184$6,260$4,207$882
32 years$17,925$12,531$8,569$5,753$3,806$750
33 years$17,192$11,867$8,001$5,290$3,444$637
34 years$16,504$11,247$7,475$4,867$3,118$542
35 years$15,857$10,668$6,989$4,481$2,825$461
36 years$15,247$10,125$6,538$4,127$2,559$392
37 years$14,671$9,617$6,119$3,802$2,319$334
38 years$14,127$9,139$5,731$3,504$2,103$284
39 years$13,613$8,690$5,369$3,231$1,907$241
40 years$13,125$8,268$5,032$2,980$1,730$205
41 years$12,662$7,871$4,719$2,750$1,569$175
42 years$12,222$7,496$4,426$2,538$1,424$149
43 years$11,804$7,142$4,153$2,343$1,292$127
44 years$11,406$6,808$3,899$2,163$1,173$108
45 years$11,027$6,492$3,661$1,998$1,065$92
46 years$10,665$6,193$3,438$1,845$967$78
47 years$10,320$5,910$3,230$1,705$878$66
48 years$9,990$5,642$3,036$1,575$797$56
49 years$9,675$5,388$2,853$1,456$724$48
50 years$9,373$5,146$2,682$1,346$658$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $9,600,000, adding $2,686 every year, while hoping to spend $23,919 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: 55/17/28 Blend
29$9,600,000$9,600,000$9,600,000$9,600,000
30$10,581,971$10,073,171$9,924,371$11,081,791
31$11,635,882$10,541,306$10,231,387$11,894,977
32$12,796,491$11,031,579$10,547,888$12,777,500
33$14,074,654$11,545,048$10,874,164$13,738,241
34$15,482,338$12,082,824$11,210,517$14,784,736
35$17,032,726$12,646,072$11,557,258$15,925,275
36$18,740,345$13,236,011$11,914,708$17,168,973
37$20,621,206$13,853,921$12,283,196$18,525,856
38$22,692,948$14,501,142$12,663,063$20,006,956
39$24,975,013$15,179,082$13,054,659$21,624,405
40$27,488,820$15,889,213$13,458,346$23,391,557
41$30,257,976$16,633,081$13,874,497$25,323,100
42$33,308,493$17,412,305$14,303,496$27,435,202
43$36,669,035$18,228,584$14,745,739$29,745,653
44$40,371,189$19,083,697$15,201,634$32,274,034
45$44,449,763$19,979,511$15,671,601$35,041,896
46$48,943,114$20,917,983$16,156,075$38,072,962
47$53,893,511$21,901,163$16,655,503$41,393,346
48$59,347,531$22,931,202$17,170,344$45,031,796
49$65,356,503$24,010,354$17,701,074$49,019,963
50$71,976,989$25,140,984$18,248,183$53,392,690
51$79,271,320$26,325,570$18,812,175$58,188,346
52$87,308,181$27,566,710$19,393,570$63,449,174
53$96,163,265$28,867,129$19,992,904$69,221,693
54$105,919,981$30,229,681$20,610,729$75,557,126
55$116,670,247$31,657,363$21,247,616$82,511,884
56$128,515,352$33,153,314$21,904,151$90,148,087
57$141,566,917$34,720,825$22,580,939$98,534,153
58$155,947,946$36,363,349$23,278,604$107,745,428
59$171,793,988$38,084,505$23,997,789$117,864,903
60$189,254,416$39,888,086$24,739,156$128,983,978
61$208,493,837$41,778,073$25,503,388$141,203,332
62$229,693,646$43,758,637$26,291,190$154,633,854
63$253,053,739$45,834,151$27,103,286$169,397,692
64$278,794,399$48,009,203$27,940,424$185,629,393
65$307,158,375$50,288,601$28,803,376$203,477,170
66$338,413,175$52,677,389$29,692,935$223,104,288
67$372,853,592$55,180,853$30,609,921$244,690,600
68$410,804,482$57,804,539$31,555,178$268,434,235
69$452,623,838$60,554,261$32,529,575$294,553,462
70$498,706,163$63,436,113$33,534,009$323,288,736
71$549,486,199$66,456,489$34,569,405$354,904,960
72$605,443,025$69,622,092$35,636,715$389,693,977
73$667,104,590$72,939,950$36,736,920$427,977,313
74$735,052,684$76,417,433$37,871,033$470,109,201
75$809,928,442$80,062,272$39,040,097$516,479,910
76$892,438,390$83,882,570$40,245,187$567,519,423
77$983,361,115$87,886,825$41,487,410$623,701,480
78$1,083,554,620$92,083,951$42,767,910$685,548,033
79$1,193,964,418$96,483,292$44,087,862$753,634,169
80$1,315,632,464$101,094,648$45,448,480$828,593,512
81$1,449,706,986$105,928,296$46,851,015$911,124,200
82$1,597,453,329$110,995,013$48,296,754$1,001,995,454
83$1,760,265,901$116,306,101$49,787,028$1,102,054,823
84$1,939,681,333$121,873,411$51,323,204$1,212,236,170
85$2,137,392,992$127,709,370$52,906,694$1,333,568,469
86$2,355,266,960$133,827,013$54,538,951$1,467,185,500
87$2,595,359,660$140,240,006$56,221,476$1,614,336,529
88$2,859,937,263$146,962,684$57,955,813$1,776,398,087
89$3,151,497,084$154,010,076$59,743,553$1,954,886,940
90$3,472,791,164$161,397,947$61,586,339$2,151,474,383
91$3,826,852,243$169,142,827$63,485,862$2,368,002,000
92$4,217,022,398$177,262,052$65,443,865$2,606,499,020
93$4,646,984,593$185,773,802$67,462,144$2,869,201,449
94$5,120,797,448$194,697,145$69,542,552$3,158,573,153
95$5,642,933,557$204,052,074$71,686,997$3,477,329,090
96$6,218,321,714$213,859,561$73,897,447$3,828,460,912
97$6,852,393,445$224,141,595$76,175,927$4,215,265,175
98$7,551,134,285$234,921,242$78,524,529$4,641,374,428
99$8,321,140,286$246,222,687$80,945,405$5,110,791,478
100$9,169,680,295$258,071,298$83,440,775$5,627,927,138