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%
1 years$792,759$785,698$778,808$772,084$765,517$743,696
2 years$392,455$385,146$378,062$371,194$364,532$342,717
3 years$259,038$251,697$244,631$237,828$231,274$210,149
4 years$192,342$185,024$178,029$171,341$164,947$144,673
5 years$152,335$145,061$138,158$131,607$125,390$106,024
6 years$125,673$118,453$111,652$105,247$99,217$80,776
7 years$106,636$99,477$92,783$86,529$80,690$63,175
8 years$92,364$85,270$78,688$72,587$66,940$50,341
9 years$81,270$74,243$67,774$61,828$56,373$40,673
10 years$72,400$65,441$59,087$53,297$48,033$33,211
11 years$65,147$58,259$52,019$46,384$41,310$27,342
12 years$59,108$52,290$46,165$40,685$35,798$22,657
13 years$54,001$47,255$41,246$35,919$31,217$18,874
14 years$49,628$42,953$37,060$31,885$27,364$15,789
15 years$45,842$39,239$33,460$28,435$24,094$13,254
16 years$42,532$36,001$30,336$25,461$21,294$11,158
17 years$39,614$33,155$27,605$22,876$18,881$9,416
18 years$37,024$30,637$25,200$20,616$16,788$7,962
19 years$34,708$28,394$23,069$18,629$14,963$6,743
20 years$32,627$26,385$21,172$16,872$13,366$5,719
21 years$30,747$24,577$19,474$15,312$11,961$4,856
22 years$29,040$22,941$17,948$13,922$10,721$4,128
23 years$27,483$21,457$16,572$12,679$9,624$3,511
24 years$26,059$20,104$15,326$11,564$8,650$2,989
25 years$24,750$18,866$14,195$10,561$7,784$2,546
26 years$23,544$17,731$13,165$9,657$7,011$2,170
27 years$22,430$16,687$12,225$8,839$6,321$1,850
28 years$21,396$15,724$11,365$8,098$5,704$1,578
29 years$20,436$14,834$10,576$7,426$5,150$1,346
30 years$19,541$14,009$9,851$6,816$4,654$1,149
31 years$18,706$13,243$9,184$6,260$4,207$980
32 years$17,925$12,531$8,569$5,753$3,806$837
33 years$17,192$11,867$8,001$5,290$3,444$715
34 years$16,504$11,247$7,475$4,867$3,118$610
35 years$15,857$10,668$6,989$4,481$2,825$521
36 years$15,247$10,125$6,538$4,127$2,559$445
37 years$14,671$9,617$6,119$3,802$2,319$380
38 years$14,127$9,139$5,731$3,504$2,103$325
39 years$13,613$8,690$5,369$3,231$1,907$278
40 years$13,125$8,268$5,032$2,980$1,730$237
41 years$12,662$7,871$4,719$2,750$1,569$203
42 years$12,222$7,496$4,426$2,538$1,424$173
43 years$11,804$7,142$4,153$2,343$1,292$148
44 years$11,406$6,808$3,899$2,163$1,173$127
45 years$11,027$6,492$3,661$1,998$1,065$108
46 years$10,665$6,193$3,438$1,845$967$92
47 years$10,320$5,910$3,230$1,705$878$79
48 years$9,990$5,642$3,036$1,575$797$67
49 years$9,675$5,388$2,853$1,456$724$58
50 years$9,373$5,146$2,682$1,346$658$49

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 $3,974 every year, while hoping to spend $46,121 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: 47/33/20 Blend
29$9,600,000$9,600,000$9,600,000$9,600,000
30$10,583,299$10,074,499$9,925,699$11,020,355
31$11,613,723$10,519,077$10,209,138$11,770,304
32$12,747,705$10,983,894$10,500,526$12,578,884
33$13,995,758$11,469,892$10,800,081$13,455,569
34$15,369,468$11,978,059$11,108,026$14,406,750
35$16,881,600$12,509,430$11,424,591$15,439,442
36$18,546,220$13,065,089$11,750,011$16,561,356
37$20,378,825$13,646,169$12,084,528$17,780,960
38$22,396,494$14,253,861$12,428,388$19,107,565
39$24,618,045$14,889,409$12,781,848$20,551,398
40$27,064,214$15,554,117$13,145,168$22,123,707
41$29,757,848$16,249,353$13,518,615$23,836,854
42$32,724,124$16,976,547$13,902,465$25,704,431
43$35,990,787$17,737,200$14,296,999$27,741,386
44$39,588,406$18,532,882$14,702,508$29,964,156
45$43,550,670$19,365,239$15,119,288$32,390,820
46$47,914,698$20,235,996$15,547,643$35,041,264
47$52,721,395$21,146,958$15,987,888$37,937,365
48$58,015,836$22,100,018$16,440,341$41,103,191
49$63,847,692$23,097,159$16,905,333$44,565,222
50$70,271,695$24,140,459$17,383,200$48,352,596
51$77,348,161$25,232,093$17,874,290$52,497,377
52$85,143,551$26,374,344$18,378,956$57,034,853
53$93,731,106$27,569,600$18,897,565$62,003,859
54$103,191,534$28,820,365$19,430,488$67,447,142
55$113,613,771$30,129,264$19,978,110$73,411,754
56$125,095,822$31,499,044$20,540,823$79,949,487
57$137,745,686$32,932,587$21,119,030$87,117,361
58$151,682,374$34,432,912$21,713,146$94,978,145
59$167,037,032$36,003,181$22,323,593$103,600,949
60$183,954,183$37,646,710$22,950,806$113,061,864
61$202,593,082$39,366,972$23,595,231$123,444,671
62$223,129,231$41,167,607$24,257,325$134,841,622
63$245,756,023$43,052,431$24,937,556$147,354,302
64$270,686,578$45,025,440$25,636,405$161,094,577
65$298,155,748$47,090,826$26,354,363$176,185,640
66$328,422,336$49,252,978$27,091,936$192,763,160
67$361,771,539$51,516,499$27,849,641$210,976,551
68$398,517,639$53,886,211$28,628,008$230,990,372
69$439,006,973$56,367,169$29,427,580$252,985,867
70$483,621,195$58,964,672$30,248,915$277,162,660
71$532,780,886$61,684,270$31,092,583$303,740,627
72$586,949,521$64,531,784$31,959,169$332,961,956
73$646,637,844$67,513,313$32,849,274$365,093,417
74$712,408,690$70,635,251$33,763,509$400,428,865
75$784,882,295$73,904,297$34,702,506$439,291,996
76$864,742,158$77,327,477$35,666,909$482,039,386
77$952,741,486$80,912,151$36,657,379$529,063,837
78$1,049,710,308$84,666,037$37,674,591$580,798,064
79$1,156,563,309$88,597,222$38,719,239$637,718,765
80$1,274,308,466$92,714,186$39,792,033$700,351,093
81$1,404,056,564$97,025,815$40,893,701$769,273,594
82$1,547,031,680$101,541,426$42,024,986$845,123,648
83$1,704,582,740$106,270,785$43,186,652$928,603,455
84$1,878,196,254$111,224,128$44,379,479$1,020,486,643
85$2,069,510,348$116,412,186$45,604,268$1,121,625,545
86$2,280,330,229$121,846,208$46,861,836$1,232,959,213
87$2,512,645,227$127,537,987$48,153,022$1,355,522,257
88$2,768,647,576$133,499,884$49,478,684$1,490,454,580
89$3,050,753,109$139,744,860$50,839,701$1,639,012,106
90$3,361,624,067$146,286,498$52,236,972$1,802,578,606
91$3,704,194,228$153,139,043$53,671,416$1,982,678,723
92$4,081,696,607$160,317,424$55,143,976$2,180,992,327
93$4,497,693,978$167,837,294$56,655,616$2,399,370,341
94$4,956,112,506$175,715,065$58,207,322$2,639,852,167
95$5,461,278,818$183,967,939$59,800,103$2,904,684,904
96$6,017,960,842$192,613,953$61,434,992$3,196,344,511
97$6,631,412,828$201,672,016$63,113,044$3,517,559,137
98$7,307,424,946$211,161,954$64,835,340$3,871,334,832
99$8,052,377,952$221,104,552$66,602,986$4,260,983,867
100$8,873,303,428$231,521,600$68,417,111$4,690,155,959