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%19.2%
1 years$792,759$785,698$778,808$772,084$765,517$737,184
2 years$392,455$385,146$378,062$371,194$364,532$336,307
3 years$259,038$251,697$244,631$237,828$231,274$204,044
4 years$192,342$185,024$178,029$171,341$164,947$138,920
5 years$152,335$145,061$138,158$131,607$125,390$100,634
6 years$125,673$118,453$111,652$105,247$99,217$75,750
7 years$106,636$99,477$92,783$86,529$80,690$58,505
8 years$92,364$85,270$78,688$72,587$66,940$46,017
9 years$81,270$74,243$67,774$61,828$56,373$36,684
10 years$72,400$65,441$59,087$53,297$48,033$29,542
11 years$65,147$58,259$52,019$46,384$41,310$23,977
12 years$59,108$52,290$46,165$40,685$35,798$19,581
13 years$54,001$47,255$41,246$35,919$31,217$16,069
14 years$49,628$42,953$37,060$31,885$27,364$13,239
15 years$45,842$39,239$33,460$28,435$24,094$10,941
16 years$42,532$36,001$30,336$25,461$21,294$9,066
17 years$39,614$33,155$27,605$22,876$18,881$7,528
18 years$37,024$30,637$25,200$20,616$16,788$6,262
19 years$34,708$28,394$23,069$18,629$14,963$5,216
20 years$32,627$26,385$21,172$16,872$13,366$4,350
21 years$30,747$24,577$19,474$15,312$11,961$3,631
22 years$29,040$22,941$17,948$13,922$10,721$3,034
23 years$27,483$21,457$16,572$12,679$9,624$2,537
24 years$26,059$20,104$15,326$11,564$8,650$2,122
25 years$24,750$18,866$14,195$10,561$7,784$1,776
26 years$23,544$17,731$13,165$9,657$7,011$1,487
27 years$22,430$16,687$12,225$8,839$6,321$1,245
28 years$21,396$15,724$11,365$8,098$5,704$1,043
29 years$20,436$14,834$10,576$7,426$5,150$874
30 years$19,541$14,009$9,851$6,816$4,654$733
31 years$18,706$13,243$9,184$6,260$4,207$614
32 years$17,925$12,531$8,569$5,753$3,806$515
33 years$17,192$11,867$8,001$5,290$3,444$432
34 years$16,504$11,247$7,475$4,867$3,118$362
35 years$15,857$10,668$6,989$4,481$2,825$303
36 years$15,247$10,125$6,538$4,127$2,559$255
37 years$14,671$9,617$6,119$3,802$2,319$213
38 years$14,127$9,139$5,731$3,504$2,103$179
39 years$13,613$8,690$5,369$3,231$1,907$150
40 years$13,125$8,268$5,032$2,980$1,730$126
41 years$12,662$7,871$4,719$2,750$1,569$106
42 years$12,222$7,496$4,426$2,538$1,424$89
43 years$11,804$7,142$4,153$2,343$1,292$74
44 years$11,406$6,808$3,899$2,163$1,173$62
45 years$11,027$6,492$3,661$1,998$1,065$52
46 years$10,665$6,193$3,438$1,845$967$44
47 years$10,320$5,910$3,230$1,705$878$37
48 years$9,990$5,642$3,036$1,575$797$31
49 years$9,675$5,388$2,853$1,456$724$26
50 years$9,373$5,146$2,682$1,346$658$22

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 $3,092 every year, while hoping to spend $54,722 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: 63/31/6 Blend
29$9,600,000$9,600,000$9,600,000$9,600,000
30$10,582,389$10,073,589$9,924,789$11,237,937
31$11,603,569$10,508,971$10,199,046$12,110,492
32$12,727,076$10,963,853$10,480,656$13,056,033
33$13,963,288$11,439,132$10,769,809$14,086,926
34$15,323,642$11,935,749$11,066,696$15,211,429
35$16,820,739$12,454,687$11,371,516$16,438,623
36$18,468,465$12,996,976$11,684,472$17,778,495
37$20,282,116$13,563,696$12,005,770$19,242,031
38$22,278,551$14,155,976$12,335,622$20,841,313
39$24,476,343$14,774,999$12,674,246$22,589,636
40$26,895,960$15,422,003$13,021,863$24,501,626
41$29,559,953$16,098,287$13,378,700$26,593,375
42$32,493,172$16,805,207$13,744,991$28,882,593
43$35,723,000$17,544,186$14,120,972$31,388,767
44$39,279,609$18,316,715$14,506,888$34,133,344
45$43,196,248$19,124,353$14,902,988$37,139,932
46$47,509,553$19,968,733$15,309,525$40,434,511
47$52,259,894$20,851,568$15,726,761$44,045,682
48$57,491,758$21,774,649$16,154,962$48,004,931
49$63,254,164$22,739,854$16,594,400$52,346,917
50$69,601,131$23,749,149$17,045,355$57,109,799
51$76,592,182$24,804,593$17,508,110$62,335,591
52$84,292,910$25,908,344$17,982,957$68,070,550
53$92,775,595$27,062,660$18,470,194$74,365,611
54$102,119,885$28,269,910$18,970,124$81,276,860
55$112,413,549$29,532,572$19,483,060$88,866,056
56$123,753,307$30,853,243$20,009,318$97,201,213
57$136,245,737$32,234,645$20,549,223$106,357,230
58$150,008,287$33,679,628$21,103,107$116,416,593
59$165,170,381$35,191,178$21,671,309$127,470,148
60$181,874,637$36,772,423$22,254,176$139,617,950
61$200,278,219$38,426,641$22,852,060$152,970,198
62$220,554,316$40,157,265$23,465,322$167,648,270
63$242,893,778$41,967,893$24,094,332$183,785,859
64$267,506,918$43,862,293$24,739,466$201,530,225
65$294,625,493$45,844,416$25,401,109$221,043,578
66$324,504,899$47,918,398$26,079,651$242,504,597
67$357,426,574$50,088,574$26,775,495$266,110,110
68$393,700,658$52,359,488$27,489,047$292,076,938
69$433,668,920$54,735,898$28,220,726$320,643,931
70$477,707,986$57,222,793$28,970,956$352,074,213
71$526,232,888$59,825,398$29,740,171$386,657,653
72$579,700,990$62,549,189$30,528,813$424,713,587
73$638,616,296$65,399,905$31,337,334$466,593,821
74$703,534,217$68,383,559$32,166,193$512,685,938
75$775,066,806$71,506,452$33,015,859$563,416,942
76$853,888,540$74,775,188$33,886,810$619,257,272
77$940,742,686$78,196,687$34,779,533$680,725,229
78$1,036,448,316$81,778,201$35,694,524$748,391,854
79$1,141,908,042$85,527,331$36,632,289$822,886,295
80$1,258,116,533$89,452,040$37,593,341$904,901,735
81$1,386,169,907$93,560,678$38,578,205$995,201,913
82$1,527,276,078$97,861,992$39,587,416$1,094,628,313
83$1,682,766,159$102,365,150$40,621,515$1,204,108,089
84$1,854,107,027$107,079,763$41,681,056$1,324,662,797
85$2,042,915,174$112,015,901$42,766,602$1,457,418,012
86$2,250,971,963$117,184,121$43,878,724$1,603,613,932
87$2,480,240,446$122,595,486$45,018,004$1,764,617,060
88$2,732,883,899$128,261,593$46,185,035$1,941,933,081
89$3,011,286,241$134,194,594$47,380,417$2,137,221,044
90$3,318,074,539$140,407,231$48,604,763$2,352,309,000
91$3,656,143,812$146,912,856$49,858,692$2,589,211,225
92$4,028,684,360$153,725,464$51,142,838$2,850,147,208
93$4,439,211,880$160,859,728$52,457,839$3,137,562,570
94$4,891,600,662$168,331,025$53,804,346$3,454,152,115
95$5,390,120,159$176,155,474$55,183,021$3,802,885,239
96$5,939,475,295$184,349,973$56,594,532$4,187,033,921
97$6,544,850,886$192,932,232$58,039,560$4,610,203,571
98$7,211,960,584$201,920,819$59,518,793$5,076,367,033
99$7,947,100,821$211,335,197$61,032,930$5,589,902,041
100$8,757,210,251$221,195,767$62,582,679$6,155,632,503