Can I retire at age 30 with 9,800,000?

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 $9,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$809,275$802,066$795,033$788,169$781,466$766,314
2 years$400,631$393,170$385,938$378,927$372,127$356,923
3 years$264,434$256,941$249,728$242,782$236,092$221,311
4 years$196,349$188,879$181,738$174,911$168,383$154,138
5 years$155,509$148,083$141,036$134,348$128,002$114,334
6 years$128,291$120,921$113,978$107,440$101,284$88,207
7 years$108,857$101,549$94,716$88,332$82,371$69,889
8 years$94,288$87,047$80,327$74,099$68,335$56,444
9 years$82,963$75,790$69,186$63,116$57,548$46,240
10 years$73,908$66,805$60,318$54,407$49,033$38,299
11 years$66,505$59,472$53,103$47,350$42,170$31,997
12 years$60,339$53,379$47,127$41,533$36,544$26,916
13 years$55,126$48,239$42,105$36,667$31,867$22,769
14 years$50,662$43,848$37,832$32,549$27,934$19,350
15 years$46,797$40,056$34,157$29,028$24,596$16,507
16 years$43,418$36,751$30,968$25,991$21,738$14,126
17 years$40,439$33,846$28,180$23,353$19,274$12,121
18 years$37,795$31,275$25,725$21,046$17,138$10,424
19 years$35,431$28,986$23,550$19,017$15,275$8,981
20 years$33,307$26,935$21,613$17,223$13,644$7,751
21 years$31,388$25,089$19,879$15,631$12,210$6,699
22 years$29,645$23,419$18,322$14,212$10,944$5,796
23 years$28,056$21,904$16,917$12,943$9,824$5,020
24 years$26,602$20,522$15,645$11,805$8,830$4,352
25 years$25,266$19,259$14,491$10,781$7,946$3,775
26 years$24,035$18,101$13,440$9,858$7,157$3,277
27 years$22,897$17,035$12,480$9,023$6,453$2,847
28 years$21,842$16,052$11,602$8,267$5,823$2,474
29 years$20,862$15,143$10,796$7,581$5,258$2,151
30 years$19,949$14,301$10,056$6,958$4,751$1,871
31 years$19,096$13,519$9,375$6,390$4,295$1,627
32 years$18,298$12,792$8,747$5,872$3,885$1,416
33 years$17,550$12,114$8,167$5,400$3,516$1,233
34 years$16,848$11,481$7,631$4,969$3,183$1,073
35 years$16,187$10,890$7,135$4,574$2,883$935
36 years$15,565$10,336$6,674$4,213$2,612$814
37 years$14,977$9,817$6,247$3,881$2,368$709
38 years$14,422$9,330$5,850$3,577$2,147$618
39 years$13,896$8,872$5,481$3,299$1,947$538
40 years$13,398$8,441$5,137$3,042$1,766$469
41 years$12,926$8,035$4,817$2,807$1,602$409
42 years$12,477$7,652$4,519$2,591$1,454$356
43 years$12,050$7,291$4,240$2,391$1,319$310
44 years$11,644$6,950$3,980$2,208$1,197$270
45 years$11,257$6,627$3,737$2,039$1,087$236
46 years$10,888$6,322$3,510$1,884$987$205
47 years$10,535$6,033$3,298$1,740$896$179
48 years$10,198$5,759$3,099$1,608$814$156
49 years$9,876$5,500$2,913$1,486$739$136
50 years$9,568$5,254$2,738$1,374$671$119

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $9,800,000, adding $6,253 every year, while hoping to spend $37,400 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: 35/39/26 Blend
29$9,800,000$9,800,000$9,800,000$9,800,000
30$10,806,050$10,286,650$10,134,750$11,099,164
31$11,868,474$10,750,903$10,434,471$11,782,346
32$13,038,011$11,236,650$10,742,979$12,515,140
33$14,325,549$11,744,906$11,060,529$13,305,087
34$15,743,081$12,276,733$11,387,383$14,157,318
35$17,303,826$12,833,244$11,723,811$15,077,461
36$19,022,348$13,415,604$12,070,091$16,071,683
37$20,914,696$14,025,037$12,426,507$17,146,752
38$22,998,553$14,662,822$12,793,353$18,310,091
39$25,293,406$15,330,301$13,170,931$19,569,846
40$27,820,728$16,028,880$13,559,551$20,934,958
41$30,604,179$16,760,032$13,959,533$22,415,242
42$33,669,833$17,525,302$14,371,206$24,021,473
43$37,046,421$18,326,306$14,794,906$25,765,486
44$40,765,602$19,164,741$15,230,981$27,660,280
45$44,862,264$20,042,384$15,679,789$29,720,133
46$49,374,850$20,961,096$16,141,697$31,960,734
47$54,345,724$21,922,829$16,617,083$34,399,322
48$59,821,568$22,929,628$17,106,336$37,054,845
49$65,853,824$23,983,636$17,609,855$39,948,127
50$72,499,180$25,087,100$18,128,051$43,102,062
51$79,820,103$26,242,374$18,661,347$46,541,822
52$87,885,429$27,451,926$19,210,177$50,295,082
53$96,771,014$28,718,342$19,774,990$54,392,279
54$106,560,448$30,044,332$20,356,243$58,866,886
55$117,345,847$31,432,737$20,954,411$63,755,721
56$129,228,719$32,886,536$21,569,978$69,099,285
57$142,320,921$34,408,849$22,203,445$74,942,132
58$156,745,720$36,002,948$22,855,326$81,333,284
59$172,638,953$37,672,262$23,526,149$88,326,678
60$190,150,308$39,420,385$24,216,457$95,981,665
61$209,444,740$41,251,085$24,926,809$104,363,560
62$230,704,027$43,168,310$25,657,780$113,544,244
63$254,128,482$45,176,202$26,409,960$123,602,831
64$279,938,849$47,279,098$27,183,956$134,626,401
65$308,378,386$49,481,548$27,980,392$146,710,807
66$339,715,158$51,788,320$28,799,912$159,961,564
67$374,244,568$54,204,413$29,643,174$174,494,834
68$412,292,151$56,735,065$30,510,856$190,438,500
69$454,216,637$59,385,771$31,403,657$207,933,360
70$500,413,348$62,162,288$32,322,294$227,134,438
71$551,317,922$65,070,652$33,267,503$248,212,427
72$607,410,429$68,117,192$34,240,043$271,355,284
73$669,219,900$71,308,543$35,240,692$296,769,979
74$737,329,327$74,651,658$36,270,252$324,684,432
75$812,381,158$78,153,829$37,329,545$355,349,641
76$895,083,369$81,822,700$38,419,418$389,042,028
77$986,216,146$85,666,285$39,540,741$426,066,021
78$1,086,639,244$89,692,985$40,694,408$466,756,906
79$1,197,300,114$93,911,608$41,881,338$511,483,967
80$1,319,242,839$98,331,390$43,102,475$560,653,937
81$1,453,617,992$102,962,011$44,358,791$614,714,816
82$1,601,693,500$107,813,623$45,651,284$674,160,064
83$1,764,866,614$112,896,867$46,980,979$739,533,230
84$1,944,677,098$118,222,903$48,348,931$811,433,049
85$2,142,821,765$123,803,428$49,756,223$890,519,061
86$2,361,170,497$129,650,708$51,203,969$977,517,797
87$2,601,783,899$135,777,604$52,693,313$1,073,229,601
88$2,866,932,749$142,197,599$54,225,432$1,178,536,144
89$3,159,119,439$148,924,831$55,801,533$1,294,408,709
90$3,481,101,597$155,974,123$57,422,860$1,421,917,311
91$3,835,918,123$163,361,018$59,090,689$1,562,240,756
92$4,226,917,875$171,101,812$60,806,330$1,716,677,718
93$4,657,791,290$179,213,591$62,571,133$1,886,658,953
94$5,132,605,218$187,714,274$64,386,483$2,073,760,746
95$5,655,841,321$196,622,645$66,253,802$2,279,719,744
96$6,232,438,385$205,958,403$68,174,553$2,506,449,288
97$6,867,838,938$215,742,203$70,150,238$2,756,057,416
98$7,568,040,640$225,995,701$72,182,401$3,030,866,700
99$8,339,652,903$236,741,608$74,272,630$3,333,436,109
100$9,189,959,289$248,003,737$76,422,552$3,666,585,093