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

Use the below retirement simulation to view the chances of a successful retirement.
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%20%
1 years$817,533$810,251$803,146$796,211$789,440$757,819
2 years$404,719$397,182$389,877$382,794$375,924$344,463
3 years$267,133$259,563$252,276$245,260$238,501$208,192
4 years$198,353$190,806$183,592$176,696$170,101$141,173
5 years$157,096$149,594$142,475$135,719$129,308$101,835
6 years$129,600$122,155$115,141$108,536$102,317$76,317
7 years$109,968$102,586$95,683$89,233$83,211$58,673
8 years$95,251$87,935$81,147$74,856$69,032$45,931
9 years$83,810$76,563$69,892$63,760$58,135$36,436
10 years$74,662$67,487$60,933$54,962$49,534$29,193
11 years$67,183$60,079$53,644$47,833$42,601$23,571
12 years$60,955$53,924$47,608$41,956$36,917$19,146
13 years$55,689$48,731$42,535$37,041$32,192$15,626
14 years$51,179$44,296$38,218$32,881$28,219$12,802
15 years$47,274$40,465$34,505$29,324$24,847$10,520
16 years$43,861$37,126$31,284$26,257$21,960$8,667
17 years$40,852$34,191$28,467$23,591$19,471$7,154
18 years$38,180$31,594$25,987$21,261$17,313$5,915
19 years$35,793$29,281$23,790$19,211$15,431$4,897
20 years$33,647$27,210$21,833$17,399$13,783$4,059
21 years$31,708$25,345$20,082$15,791$12,335$3,368
22 years$29,947$23,658$18,509$14,357$11,056$2,796
23 years$28,342$22,127$17,090$13,076$9,925$2,323
24 years$26,873$20,732$15,805$11,926$8,920$1,931
25 years$25,524$19,456$14,639$10,891$8,027$1,606
26 years$24,280$18,285$13,577$9,958$7,231$1,336
27 years$23,131$17,209$12,607$9,115$6,519$1,111
28 years$22,065$16,216$11,720$8,351$5,882$925
29 years$21,075$15,297$10,906$7,658$5,311$770
30 years$20,152$14,447$10,159$7,029$4,799$641
31 years$19,291$13,657$9,471$6,455$4,339$534
32 years$18,485$12,922$8,836$5,932$3,925$445
33 years$17,729$12,238$8,251$5,455$3,552$370
34 years$17,020$11,599$7,709$5,019$3,216$309
35 years$16,352$11,001$7,207$4,621$2,913$257
36 years$15,723$10,442$6,742$4,255$2,639$214
37 years$15,130$9,917$6,311$3,921$2,392$178
38 years$14,569$9,425$5,910$3,614$2,169$149
39 years$14,038$8,962$5,537$3,332$1,966$124
40 years$13,535$8,527$5,190$3,074$1,784$103
41 years$13,058$8,117$4,866$2,836$1,618$86
42 years$12,604$7,730$4,565$2,617$1,468$72
43 years$12,173$7,365$4,283$2,416$1,333$60
44 years$11,763$7,020$4,021$2,231$1,210$50
45 years$11,372$6,695$3,775$2,060$1,098$41
46 years$10,999$6,386$3,546$1,903$997$35
47 years$10,643$6,095$3,331$1,758$905$29
48 years$10,302$5,818$3,130$1,624$822$24
49 years$9,977$5,556$2,942$1,501$747$20
50 years$9,666$5,307$2,766$1,388$678$17

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 $6,022 every year, while hoping to spend $54,464 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: 59/17/24 Blend
29$9,900,000$9,900,000$9,900,000$9,900,000
30$10,916,012$10,391,312$10,237,862$11,489,379
31$11,971,496$10,842,537$10,522,881$12,331,708
32$13,132,813$11,314,046$10,815,623$13,243,609
33$14,410,703$11,806,777$11,116,288$14,237,057
34$15,816,995$12,321,709$11,425,084$15,319,971
35$17,364,725$12,859,870$11,742,221$16,501,060
36$19,068,257$13,422,334$12,067,916$17,789,910
37$20,943,418$14,010,227$12,402,390$19,197,068
38$23,007,647$14,624,728$12,745,870$20,734,137
39$25,280,159$15,267,072$13,098,589$22,413,890
40$27,782,128$15,938,551$13,460,784$24,250,383
41$30,536,884$16,640,519$13,832,700$26,259,087
42$33,570,137$17,374,395$14,214,585$28,457,032
43$36,910,213$18,141,663$14,606,697$30,862,966
44$40,588,329$18,943,878$15,009,295$33,497,526
45$44,638,881$19,782,671$15,422,649$36,383,433
46$49,099,771$20,659,746$15,847,032$39,545,704
47$54,012,766$21,576,892$16,282,726$43,011,881
48$59,423,888$22,535,979$16,730,016$46,812,293
49$65,383,851$23,538,969$17,189,199$50,980,338
50$71,948,541$24,587,915$17,660,574$55,552,790
51$79,179,538$25,684,969$18,144,449$60,570,150
52$87,144,703$26,832,384$18,641,140$66,077,019
53$95,918,813$28,032,522$19,150,969$72,122,517
54$105,584,272$29,287,855$19,674,266$78,760,743
55$116,231,881$30,600,974$20,211,368$86,051,282
56$127,961,705$31,974,593$20,762,620$94,059,763
57$140,884,007$33,411,556$21,328,376$102,858,472
58$155,120,295$34,914,842$21,908,996$112,527,033
59$170,804,467$36,487,572$22,504,850$123,153,152
60$188,084,075$38,133,015$23,116,315$134,833,440
61$207,121,716$39,854,598$23,743,776$147,674,322
62$228,096,568$41,655,910$24,387,629$161,793,034
63$251,206,080$43,540,712$25,048,277$177,318,727
64$276,667,838$45,512,944$25,726,133$194,393,673
65$304,721,615$47,576,737$26,421,616$213,174,610
66$335,631,638$49,736,415$27,135,158$233,834,213
67$369,689,079$51,996,513$27,867,200$256,562,712
68$407,214,803$54,361,780$28,618,189$281,569,688
69$448,562,401$56,837,195$29,388,586$309,086,039
70$494,121,521$59,427,973$30,178,859$339,366,155
71$544,321,554$62,139,581$30,989,488$372,690,310
72$599,635,678$64,977,746$31,820,962$409,367,299
73$660,585,332$67,948,471$32,673,780$449,737,346
74$727,745,136$71,058,046$33,548,451$494,175,305
75$801,748,314$74,313,064$34,445,498$543,094,192
76$883,292,670$77,720,432$35,365,450$596,949,070
77$973,147,180$81,287,392$36,308,851$656,241,336
78$1,072,159,248$85,021,530$37,276,253$721,523,448
79$1,181,262,706$88,930,799$38,268,222$793,404,122
80$1,301,486,627$93,023,533$39,285,333$872,554,072
81$1,433,965,045$97,308,468$40,328,173$959,712,327
82$1,579,947,655$101,794,759$41,397,342$1,055,693,196
83$1,740,811,614$106,492,000$42,493,451$1,161,393,942
84$1,918,074,539$111,410,249$43,617,123$1,277,803,239
85$2,113,408,838$116,560,046$44,768,992$1,406,010,489
86$2,328,657,491$121,952,440$45,949,705$1,547,216,094
87$2,565,851,458$127,599,012$47,159,922$1,702,742,772
88$2,827,228,842$133,511,899$48,400,315$1,874,048,026
89$3,115,256,026$139,703,825$49,671,568$2,062,737,887
90$3,432,650,953$146,188,125$50,974,378$2,270,582,059
91$3,782,408,786$152,978,778$52,309,455$2,499,530,607
92$4,167,830,181$160,090,438$53,677,521$2,751,732,345
93$4,592,552,453$167,538,463$55,079,312$3,029,555,106
94$5,060,583,911$175,338,954$56,515,576$3,335,608,067
95$5,576,341,697$183,508,790$57,987,075$3,672,766,368
96$6,144,693,491$192,065,662$59,494,583$4,044,198,223
97$6,771,003,463$201,028,116$61,038,888$4,453,394,814
98$7,461,182,917$210,415,594$62,620,791$4,904,203,218
99$8,221,746,094$220,248,478$64,241,107$5,400,862,702
100$9,059,871,674$230,548,132$65,900,663$5,948,044,717