Can I retire at age 30 with 9,900,000?

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 $9,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$817,533$810,251$803,146$796,211$789,440$768,485
2 years$404,719$397,182$389,877$382,794$375,924$354,959
3 years$267,133$259,563$252,276$245,260$238,501$218,182
4 years$198,353$190,806$183,592$176,696$170,101$150,583
5 years$157,096$149,594$142,475$135,719$129,308$110,646
6 years$129,600$122,155$115,141$108,536$102,317$84,528
7 years$109,968$102,586$95,683$89,233$83,211$66,297
8 years$95,251$87,935$81,147$74,856$69,032$52,984
9 years$83,810$76,563$69,892$63,760$58,135$42,939
10 years$74,662$67,487$60,933$54,962$49,534$35,170
11 years$67,183$60,079$53,644$47,833$42,601$29,048
12 years$60,955$53,924$47,608$41,956$36,917$24,150
13 years$55,689$48,731$42,535$37,041$32,192$20,185
14 years$51,179$44,296$38,218$32,881$28,219$16,944
15 years$47,274$40,465$34,505$29,324$24,847$14,274
16 years$43,861$37,126$31,284$26,257$21,960$12,060
17 years$40,852$34,191$28,467$23,591$19,471$10,215
18 years$38,180$31,594$25,987$21,261$17,313$8,669
19 years$35,793$29,281$23,790$19,211$15,431$7,370
20 years$33,647$27,210$21,833$17,399$13,783$6,274
21 years$31,708$25,345$20,082$15,791$12,335$5,348
22 years$29,947$23,658$18,509$14,357$11,056$4,564
23 years$28,342$22,127$17,090$13,076$9,925$3,897
24 years$26,873$20,732$15,805$11,926$8,920$3,331
25 years$25,524$19,456$14,639$10,891$8,027$2,849
26 years$24,280$18,285$13,577$9,958$7,231$2,437
27 years$23,131$17,209$12,607$9,115$6,519$2,086
28 years$22,065$16,216$11,720$8,351$5,882$1,787
29 years$21,075$15,297$10,906$7,658$5,311$1,531
30 years$20,152$14,447$10,159$7,029$4,799$1,312
31 years$19,291$13,657$9,471$6,455$4,339$1,124
32 years$18,485$12,922$8,836$5,932$3,925$964
33 years$17,729$12,238$8,251$5,455$3,552$826
34 years$17,020$11,599$7,709$5,019$3,216$709
35 years$16,352$11,001$7,207$4,621$2,913$608
36 years$15,723$10,442$6,742$4,255$2,639$521
37 years$15,130$9,917$6,311$3,921$2,392$447
38 years$14,569$9,425$5,910$3,614$2,169$384
39 years$14,038$8,962$5,537$3,332$1,966$329
40 years$13,535$8,527$5,190$3,074$1,784$283
41 years$13,058$8,117$4,866$2,836$1,618$242
42 years$12,604$7,730$4,565$2,617$1,468$208
43 years$12,173$7,365$4,283$2,416$1,333$179
44 years$11,763$7,020$4,021$2,231$1,210$153
45 years$11,372$6,695$3,775$2,060$1,098$131
46 years$10,999$6,386$3,546$1,903$997$113
47 years$10,643$6,095$3,331$1,758$905$97
48 years$10,302$5,818$3,130$1,624$822$83
49 years$9,977$5,556$2,942$1,501$747$71
50 years$9,666$5,307$2,766$1,388$678$61

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $9,900,000, adding $6,318 every year, while hoping to spend $36,123 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: 28/44/28 Blend
29$9,900,000$9,900,000$9,900,000$9,900,000
30$10,916,317$10,391,617$10,238,167$11,127,027
31$11,991,347$10,862,372$10,542,711$11,766,823
32$13,174,819$11,354,983$10,856,247$12,450,167
33$14,477,756$11,870,483$11,179,037$13,183,619
34$15,912,305$12,409,954$11,511,352$13,971,504
35$17,491,849$12,974,531$11,853,471$14,818,556
36$19,231,136$13,565,401$12,205,681$15,729,956
37$21,146,417$14,183,810$12,568,276$16,711,380
38$23,255,598$14,831,063$12,941,560$17,769,043
39$25,578,411$15,508,528$13,325,844$18,909,754
40$28,136,599$16,217,636$13,721,450$20,140,977
41$30,954,122$16,959,890$14,128,709$21,470,895
42$34,057,381$17,736,864$14,547,959$22,908,478
43$37,475,470$18,550,206$14,979,552$24,463,565
44$41,240,448$19,401,646$15,423,847$26,146,951
45$45,387,641$20,292,994$15,881,213$27,970,481
46$49,955,979$21,226,149$16,352,033$29,947,151
47$54,988,360$22,203,102$16,836,697$32,091,231
48$60,532,055$23,225,936$17,335,608$34,418,387
49$66,639,156$24,296,838$17,849,182$36,945,819
50$73,367,065$25,418,098$18,377,845$39,692,422
51$80,779,038$26,592,118$18,922,036$42,678,949
52$88,944,782$27,821,413$19,482,205$45,928,200
53$97,941,109$29,108,622$20,058,819$49,465,229
54$107,852,666$30,456,508$20,652,353$53,317,570
55$118,772,732$31,867,971$21,263,300$57,515,482
56$130,804,095$33,346,046$21,892,166$62,092,233
57$144,060,029$34,893,918$22,539,469$67,084,393
58$158,665,356$36,514,925$23,205,746$72,532,173
59$174,757,630$38,212,563$23,891,546$78,479,790
60$192,488,431$39,990,501$24,597,435$84,975,873
61$212,024,797$41,852,582$25,323,995$92,073,905
62$233,550,802$43,802,834$26,071,825$99,832,718
63$257,269,294$45,845,483$26,841,541$108,317,029
64$283,403,805$47,984,955$27,633,776$117,598,040
65$312,200,668$50,225,893$28,449,182$127,754,090
66$343,931,335$52,573,160$29,288,429$138,871,377
67$378,894,946$55,031,860$30,152,206$151,044,759
68$417,421,147$57,607,338$31,041,221$164,378,625
69$459,873,207$60,305,200$31,956,205$178,987,863
70$506,651,442$63,131,323$32,897,906$194,998,924
71$558,197,000$66,091,868$33,867,096$212,550,996
72$614,996,018$69,193,294$34,864,568$231,797,293
73$677,584,218$72,442,372$35,891,138$252,906,478
74$746,551,960$75,846,200$36,947,643$276,064,232
75$822,549,819$79,412,222$38,034,947$301,474,982
76$906,294,719$83,148,241$39,153,937$329,363,800
77$998,576,712$87,062,435$40,305,525$359,978,505
78$1,100,266,425$91,163,384$41,490,649$393,591,968
79$1,212,323,289$95,460,077$42,710,274$430,504,660
80$1,335,804,587$99,961,944$43,965,391$471,047,456
81$1,471,875,444$104,678,869$45,257,021$515,584,725
82$1,621,819,821$109,621,215$46,586,213$564,517,732
83$1,787,052,636$114,799,847$47,954,044$618,288,392
84$1,969,133,124$120,226,160$49,361,624$677,383,403
85$2,169,779,558$125,912,096$50,810,094$742,338,799
86$2,390,885,466$131,870,182$52,300,625$813,744,966
87$2,634,537,511$138,113,548$53,834,423$892,252,176
88$2,903,035,189$144,655,964$55,412,728$978,576,676
89$3,198,912,538$151,511,866$57,036,814$1,073,507,401
90$3,524,962,061$158,696,391$58,707,991$1,177,913,372
91$3,884,261,089$166,225,413$60,427,607$1,292,751,847
92$4,280,200,834$174,115,572$62,197,046$1,419,077,300
93$4,716,518,405$182,384,321$64,017,733$1,558,051,321
94$5,197,332,086$191,049,956$65,891,130$1,710,953,517
95$5,727,180,219$200,131,665$67,818,744$1,879,193,532
96$6,311,064,051$209,649,565$69,802,121$2,064,324,283
97$6,954,494,944$219,624,754$71,842,852$2,268,056,555
98$7,663,546,412$230,079,351$73,942,572$2,492,275,075
99$8,444,911,459$241,036,552$76,102,961$2,739,056,229
100$9,305,965,765$252,520,681$78,325,748$3,010,687,583