Can I retire at age 30 with 10,300,000?

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 $10,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$850,564$842,988$835,596$828,381$821,336$791,880
2 years$421,071$413,229$405,629$398,260$391,113$361,754
3 years$277,926$270,050$262,469$255,169$248,138$219,800
4 years$206,367$198,515$191,010$183,835$176,974$149,874
5 years$163,443$155,638$148,232$141,203$134,533$108,741
6 years$134,836$127,090$119,793$112,921$106,451$81,987
7 years$114,411$106,730$99,549$92,839$86,573$63,431
8 years$99,099$91,488$84,425$77,880$71,821$49,981
9 years$87,196$79,656$72,715$66,337$60,484$39,917
10 years$77,679$70,213$63,395$57,183$51,535$32,207
11 years$69,898$62,507$55,812$49,766$44,322$26,191
12 years$63,418$56,103$49,532$43,652$38,408$21,432
13 years$57,939$50,700$44,253$38,538$33,493$17,624
14 years$53,247$46,085$39,762$34,210$29,360$14,550
15 years$49,184$42,100$35,900$30,509$25,851$12,051
16 years$45,633$38,626$32,548$27,317$22,847$10,007
17 years$42,503$35,573$29,618$24,544$20,258$8,328
18 years$39,723$32,871$27,037$22,120$18,012$6,943
19 years$37,239$30,464$24,751$19,987$16,055$5,797
20 years$35,006$28,309$22,715$18,102$14,340$4,845
21 years$32,989$26,369$20,894$16,429$12,833$4,054
22 years$31,157$24,614$19,257$14,937$11,503$3,395
23 years$29,487$23,021$17,780$13,604$10,326$2,845
24 years$27,959$21,569$16,444$12,407$9,281$2,386
25 years$26,555$20,242$15,230$11,331$8,351$2,001
26 years$25,261$19,024$14,125$10,361$7,523$1,680
27 years$24,065$17,904$13,116$9,483$6,782$1,410
28 years$22,956$16,871$12,193$8,689$6,120$1,184
29 years$21,926$15,916$11,347$7,968$5,526$995
30 years$20,966$15,031$10,569$7,312$4,993$836
31 years$20,070$14,209$9,854$6,716$4,514$702
32 years$19,232$13,444$9,194$6,172$4,083$590
33 years$18,446$12,732$8,584$5,676$3,696$496
34 years$17,708$12,067$8,020$5,222$3,346$417
35 years$17,013$11,446$7,499$4,807$3,030$351
36 years$16,359$10,863$7,015$4,427$2,746$295
37 years$15,741$10,318$6,566$4,079$2,489$248
38 years$15,158$9,806$6,148$3,760$2,256$208
39 years$14,605$9,324$5,760$3,467$2,046$175
40 years$14,082$8,871$5,399$3,198$1,856$147
41 years$13,585$8,445$5,063$2,950$1,684$124
42 years$13,113$8,042$4,749$2,723$1,528$104
43 years$12,665$7,663$4,456$2,513$1,386$88
44 years$12,238$7,304$4,183$2,321$1,258$74
45 years$11,831$6,965$3,928$2,143$1,142$62
46 years$11,443$6,644$3,689$1,980$1,037$52
47 years$11,073$6,341$3,466$1,829$942$44
48 years$10,719$6,053$3,257$1,690$855$37
49 years$10,380$5,780$3,061$1,562$777$31
50 years$10,056$5,522$2,878$1,444$706$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $10,300,000, adding $6,459 every year, while hoping to spend $50,282 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: 73/13/14 Blend
29$10,300,000$10,300,000$10,300,000$10,300,000
30$11,357,262$10,811,362$10,651,712$12,151,435
31$12,462,204$11,287,620$10,955,045$13,154,298
32$13,678,163$11,785,528$11,266,854$14,245,648
33$15,016,413$12,306,096$11,587,371$15,439,731
34$16,489,371$12,850,378$11,916,831$16,746,713
35$18,110,721$13,419,481$12,255,479$18,177,790
36$19,895,540$14,014,562$12,603,564$19,745,285
37$21,860,444$14,636,833$12,961,342$21,462,765
38$24,023,738$15,287,567$13,329,075$23,345,170
39$26,405,594$15,968,092$13,707,034$25,408,947
40$29,028,239$16,679,804$14,095,494$27,672,207
41$31,916,166$17,424,161$14,494,740$30,154,895
42$35,096,364$18,202,694$14,905,063$32,878,972
43$38,598,572$19,017,004$15,326,761$35,868,623
44$42,455,560$19,868,771$15,760,141$39,150,486
45$46,703,438$20,759,752$16,205,517$42,753,895
46$51,381,999$21,691,790$16,663,212$46,711,158
47$56,535,089$22,666,814$17,133,556$51,057,860
48$62,211,026$23,686,846$17,616,889$55,833,197
49$68,463,054$24,754,005$18,113,557$61,080,339
50$75,349,844$25,870,509$18,623,920$66,846,839
51$82,936,048$27,038,684$19,148,341$73,185,079
52$91,292,911$28,260,966$19,687,197$80,152,759
53$100,498,942$29,539,907$20,240,872$87,813,440
54$110,640,654$30,878,182$20,809,761$96,237,140
55$121,813,381$32,278,594$21,394,269$105,500,993
56$134,122,179$33,744,078$21,994,810$115,689,972
57$147,682,816$35,277,712$22,611,810$126,897,690
58$162,622,862$36,882,720$23,245,705$139,227,276
59$179,082,901$38,562,479$23,896,942$152,792,347
60$197,217,846$40,320,530$24,565,980$167,718,078
61$217,198,414$42,160,584$25,253,288$184,142,374
62$239,212,727$44,086,527$25,959,347$202,217,174
63$263,468,092$46,102,433$26,684,652$222,109,876
64$290,192,957$48,212,573$27,429,708$244,004,912
65$319,639,069$50,421,419$28,195,034$268,105,488
66$352,083,848$52,733,662$28,981,161$294,635,493
67$387,833,003$55,154,215$29,788,633$323,841,609
68$427,223,426$57,688,228$30,618,008$355,995,634
69$470,626,363$60,341,098$31,469,859$391,397,041
70$518,450,922$63,118,482$32,344,770$430,375,797
71$571,147,938$66,026,310$33,243,342$473,295,477
72$629,214,223$69,070,794$34,166,189$520,556,682
73$693,197,259$72,258,448$35,113,941$572,600,819
74$763,700,364$75,596,097$36,087,243$629,914,260
75$841,388,391$79,090,896$37,086,756$693,032,922
76$926,994,001$82,750,343$38,113,156$762,547,324
77$1,021,324,578$86,582,300$39,167,136$839,108,146
78$1,125,269,856$90,595,003$40,249,406$923,432,371
79$1,239,810,313$94,797,090$41,360,692$1,016,310,036
80$1,366,026,428$99,197,611$42,501,739$1,118,611,688
81$1,505,108,885$103,806,055$43,673,308$1,231,296,588
82$1,658,369,806$108,632,367$44,876,179$1,355,421,756
83$1,827,255,146$113,686,972$46,111,150$1,492,151,942
84$2,013,358,337$118,980,799$47,379,039$1,642,770,607
85$2,218,435,332$124,525,303$48,680,682$1,808,692,031
86$2,444,421,186$130,332,493$50,016,935$1,991,474,650
87$2,693,448,319$136,414,957$51,388,675$2,192,835,753
88$2,967,866,649$142,785,891$52,796,796$2,414,667,686
89$3,270,265,776$149,459,129$54,242,218$2,659,055,700
90$3,603,499,431$156,449,173$55,725,879$2,928,297,621
91$3,970,712,416$163,771,225$57,248,738$3,224,925,527
92$4,375,370,290$171,441,222$58,811,779$3,551,729,641
93$4,821,292,091$179,475,874$60,416,005$3,911,784,650
94$5,312,686,388$187,892,696$62,062,445$4,308,478,717
95$5,854,191,012$196,710,050$63,752,149$4,745,545,450
96$6,450,916,842$205,947,190$65,486,193$5,227,099,128
97$7,108,496,055$215,624,297$67,265,676$5,757,673,524
98$7,833,135,297$225,762,532$69,091,720$6,342,264,686
99$8,631,674,280$236,384,078$70,965,475$6,986,378,081
100$9,511,650,353$247,512,195$72,888,115$7,696,080,549