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%17.5%
1 years$817,533$810,251$803,146$796,211$789,440$765,396
2 years$404,719$397,182$389,877$382,794$375,924$351,906
3 years$267,133$259,563$252,276$245,260$238,501$215,263
4 years$198,353$190,806$183,592$176,696$170,101$147,821
5 years$157,096$149,594$142,475$135,719$129,308$108,046
6 years$129,600$122,155$115,141$108,536$102,317$82,092
7 years$109,968$102,586$95,683$89,233$83,211$64,021
8 years$95,251$87,935$81,147$74,856$69,032$50,865
9 years$83,810$76,563$69,892$63,760$58,135$40,972
10 years$74,662$67,487$60,933$54,962$49,534$33,351
11 years$67,183$60,079$53,644$47,833$42,601$27,369
12 years$60,955$53,924$47,608$41,956$36,917$22,605
13 years$55,689$48,731$42,535$37,041$32,192$18,766
14 years$51,179$44,296$38,218$32,881$28,219$15,645
15 years$47,274$40,465$34,505$29,324$24,847$13,087
16 years$43,861$37,126$31,284$26,257$21,960$10,978
17 years$40,852$34,191$28,467$23,591$19,471$9,230
18 years$38,180$31,594$25,987$21,261$17,313$7,776
19 years$35,793$29,281$23,790$19,211$15,431$6,561
20 years$33,647$27,210$21,833$17,399$13,783$5,543
21 years$31,708$25,345$20,082$15,791$12,335$4,689
22 years$29,947$23,658$18,509$14,357$11,056$3,970
23 years$28,342$22,127$17,090$13,076$9,925$3,364
24 years$26,873$20,732$15,805$11,926$8,920$2,852
25 years$25,524$19,456$14,639$10,891$8,027$2,420
26 years$24,280$18,285$13,577$9,958$7,231$2,054
27 years$23,131$17,209$12,607$9,115$6,519$1,744
28 years$22,065$16,216$11,720$8,351$5,882$1,481
29 years$21,075$15,297$10,906$7,658$5,311$1,259
30 years$20,152$14,447$10,159$7,029$4,799$1,070
31 years$19,291$13,657$9,471$6,455$4,339$909
32 years$18,485$12,922$8,836$5,932$3,925$773
33 years$17,729$12,238$8,251$5,455$3,552$657
34 years$17,020$11,599$7,709$5,019$3,216$559
35 years$16,352$11,001$7,207$4,621$2,913$475
36 years$15,723$10,442$6,742$4,255$2,639$404
37 years$15,130$9,917$6,311$3,921$2,392$344
38 years$14,569$9,425$5,910$3,614$2,169$293
39 years$14,038$8,962$5,537$3,332$1,966$249
40 years$13,535$8,527$5,190$3,074$1,784$212
41 years$13,058$8,117$4,866$2,836$1,618$180
42 years$12,604$7,730$4,565$2,617$1,468$153
43 years$12,173$7,365$4,283$2,416$1,333$131
44 years$11,763$7,020$4,021$2,231$1,210$111
45 years$11,372$6,695$3,775$2,060$1,098$95
46 years$10,999$6,386$3,546$1,903$997$80
47 years$10,643$6,095$3,331$1,758$905$68
48 years$10,302$5,818$3,130$1,624$822$58
49 years$9,977$5,556$2,942$1,501$747$50
50 years$9,666$5,307$2,766$1,388$678$42

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 $5,137 every year, while hoping to spend $37,909 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: 80/11/9 Blend
29$9,900,000$9,900,000$9,900,000$9,900,000
30$10,915,099$10,390,399$10,236,949$11,773,412
31$11,988,104$10,859,193$10,539,552$12,805,722
32$13,169,285$11,349,689$10,851,021$13,932,735
33$14,469,636$11,862,907$11,171,614$15,168,283
34$15,901,271$12,399,922$11,501,596$16,523,193
35$17,477,539$12,961,856$11,841,237$18,009,389
36$19,213,147$13,549,886$12,190,818$19,640,000
37$21,124,304$14,165,246$12,550,626$21,429,483
38$23,228,868$14,809,228$12,920,957$23,393,760
39$25,546,519$15,483,187$13,302,116$25,550,365
40$28,098,942$16,188,542$13,694,415$27,918,609
41$30,910,033$16,926,779$14,098,176$30,519,759
42$34,006,123$17,699,457$14,513,731$33,377,239
43$37,416,226$18,508,210$14,941,420$36,516,851
44$41,172,317$19,354,748$15,381,594$39,967,011
45$45,309,627$20,240,864$15,834,611$43,759,021
46$49,866,982$21,168,439$16,300,843$47,927,361
47$54,887,164$22,139,443$16,780,671$52,510,011
48$60,417,317$23,155,938$17,274,486$57,548,808
49$66,509,394$24,220,089$17,782,692$63,089,839
50$73,220,642$25,334,163$18,305,702$69,183,876
51$80,614,146$26,500,536$18,843,942$75,886,848
52$88,759,426$27,721,699$19,397,851$83,260,371
53$97,733,087$29,000,262$19,967,879$91,372,325
54$107,619,548$30,338,961$20,554,489$100,297,491
55$118,511,835$31,740,664$21,158,157$110,118,257
56$130,512,461$33,208,375$21,779,374$120,925,391
57$143,734,392$34,745,245$22,418,643$132,818,895
58$158,302,114$36,354,576$23,076,482$145,908,945
59$174,352,809$38,039,829$23,753,423$160,316,928
60$192,037,646$39,804,632$24,450,013$176,176,587
61$211,523,214$41,652,787$25,166,816$193,635,277
62$232,993,088$43,588,279$25,904,411$212,855,351
63$256,649,566$45,615,288$26,663,392$234,015,695
64$282,715,577$47,738,193$27,444,371$257,313,403
65$311,436,785$49,961,584$28,247,977$282,965,644
66$343,083,910$52,290,274$29,074,857$311,211,697
67$377,955,280$54,729,308$29,925,675$342,315,214
68$416,379,648$57,283,974$30,801,116$376,566,698
69$458,719,300$59,959,817$31,701,880$414,286,246
70$505,373,467$62,762,646$32,628,692$455,826,557
71$556,782,101$65,698,556$33,582,293$501,576,265
72$613,430,022$68,773,932$34,563,447$551,963,598
73$675,851,500$71,995,470$35,572,938$607,460,411
74$744,635,294$75,370,190$36,611,573$668,586,643
75$820,430,214$78,905,449$37,680,180$735,915,208
76$903,951,243$82,608,963$38,779,613$810,077,407
77$995,986,286$86,488,819$39,910,747$891,768,872
78$1,097,403,613$90,553,497$41,074,483$981,756,132
79$1,209,160,049$94,811,885$42,271,745$1,080,883,836
80$1,332,310,011$99,273,305$43,503,486$1,190,082,723
81$1,468,015,462$103,947,527$44,770,683$1,310,378,398
82$1,617,556,878$108,844,795$46,074,340$1,442,901,005
83$1,782,345,340$113,975,850$47,415,491$1,588,895,889
84$1,963,935,852$119,351,954$48,795,196$1,749,735,339
85$2,164,042,021$124,984,912$50,214,548$1,926,931,538
86$2,384,552,238$130,887,103$51,674,666$2,122,150,822
87$2,627,547,502$137,071,506$53,176,702$2,337,229,406
88$2,895,321,067$143,551,730$54,721,842$2,574,190,705
89$3,190,400,093$150,342,042$56,311,301$2,835,264,422
90$3,515,569,502$157,457,402$57,946,329$3,122,907,588
91$3,873,898,272$164,913,496$59,628,212$3,439,827,743
92$4,268,768,408$172,726,769$61,358,269$3,789,008,485
93$4,703,906,872$180,914,467$63,137,858$4,173,737,620
94$5,183,420,768$189,494,671$64,968,371$4,597,638,188
95$5,711,836,116$198,486,340$66,851,241$5,064,702,650
96$6,294,140,583$207,909,353$68,787,941$5,579,330,563
97$6,935,830,566$217,784,555$70,779,980$6,146,370,100
98$7,642,963,088$228,133,803$72,828,914$6,771,163,799
99$8,422,212,978$238,980,015$74,936,338$7,459,598,982
100$9,280,935,889$250,347,222$77,103,892$8,218,163,319