Can I retire at age 30 with 10,500,000?

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 $10,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$867,080$859,357$851,821$844,466$837,285$824,773
2 years$429,248$421,253$413,506$405,993$398,707$386,129
3 years$283,323$275,294$267,565$260,124$252,956$240,704
4 years$210,374$202,370$194,719$187,405$180,410$168,579
5 years$166,617$158,661$151,110$143,945$137,145$125,768
6 years$137,455$129,558$122,119$115,114$108,518$97,609
7 years$116,633$108,803$101,482$94,641$88,254$77,817
8 years$101,023$93,264$86,065$79,392$73,216$63,248
9 years$88,889$81,203$74,127$67,625$61,658$52,155
10 years$79,187$71,577$64,626$58,293$52,536$43,490
11 years$71,255$63,720$56,896$50,732$45,183$36,585
12 years$64,649$57,192$50,493$44,499$39,154$30,995
13 years$59,064$51,685$45,113$39,286$34,143$26,411
14 years$54,281$46,980$40,534$34,874$29,930$22,612
15 years$50,139$42,917$36,597$31,101$26,353$19,436
16 years$46,519$39,376$33,180$27,848$23,290$16,761
17 years$43,328$36,264$30,193$25,021$20,651$14,495
18 years$40,494$33,509$27,562$22,549$18,362$12,565
19 years$37,962$31,056$25,232$20,375$16,366$10,915
20 years$35,686$28,859$23,156$18,453$14,619$9,497
21 years$33,630$26,881$21,299$16,748$13,082$8,276
22 years$31,762$25,092$19,631$15,227$11,726$7,222
23 years$30,060$23,468$18,125$13,868$10,526$6,309
24 years$28,502$21,988$16,763$12,648$9,461$5,516
25 years$27,071$20,635$15,526$11,551$8,514$4,827
26 years$25,752$19,393$14,399$10,562$7,669$4,228
27 years$24,532$18,251$13,371$9,668$6,914$3,705
28 years$23,402$17,198$12,430$8,858$6,239$3,248
29 years$22,352$16,225$11,567$8,123$5,633$2,850
30 years$21,373$15,322$10,775$7,454$5,090$2,501
31 years$20,460$14,485$10,045$6,846$4,602$2,196
32 years$19,605$13,706$9,372$6,292$4,163$1,928
33 years$18,804$12,979$8,751$5,786$3,767$1,694
34 years$18,051$12,301$8,176$5,324$3,411$1,488
35 years$17,344$11,668$7,644$4,901$3,089$1,308
36 years$16,676$11,074$7,151$4,513$2,799$1,150
37 years$16,047$10,518$6,693$4,158$2,537$1,011
38 years$15,452$9,996$6,268$3,833$2,300$889
39 years$14,889$9,505$5,872$3,534$2,086$782
40 years$14,355$9,043$5,504$3,260$1,892$688
41 years$13,849$8,608$5,161$3,008$1,716$605
42 years$13,368$8,198$4,841$2,776$1,557$532
43 years$12,911$7,811$4,543$2,562$1,413$468
44 years$12,475$7,446$4,264$2,366$1,283$412
45 years$12,061$7,100$4,004$2,185$1,165$362
46 years$11,665$6,773$3,761$2,018$1,057$319
47 years$11,288$6,464$3,533$1,865$960$281
48 years$10,927$6,171$3,320$1,723$872$247
49 years$10,582$5,893$3,121$1,592$792$217
50 years$10,252$5,629$2,934$1,472$719$191

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $10,500,000, adding $3,070 every year, while hoping to spend $44,156 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: 48/43/9 Blend
29$10,500,000$10,500,000$10,500,000$10,500,000
30$11,574,167$11,017,667$10,854,917$12,101,449
31$12,707,750$11,510,551$11,171,575$12,956,511
32$13,955,479$12,026,106$11,497,361$13,879,473
33$15,328,950$12,565,397$11,832,534$14,880,530
34$16,840,940$13,129,539$12,177,362$15,966,968
35$18,505,529$13,719,699$12,532,116$17,146,789
36$20,338,230$14,337,102$12,897,080$18,428,776
37$22,356,139$14,983,030$13,272,542$19,822,578
38$24,578,093$15,658,825$13,658,799$21,338,791
39$27,024,846$16,365,896$14,056,156$22,989,059
40$29,719,272$17,105,716$14,464,929$24,786,174
41$32,686,573$17,879,831$14,885,439$26,744,194
42$35,954,520$18,689,860$15,318,019$28,878,571
43$39,553,717$19,537,499$15,763,008$31,206,289
44$43,517,884$20,424,524$16,220,756$33,746,020
45$47,884,181$21,352,799$16,691,625$36,518,293
46$52,693,557$22,324,275$17,175,983$39,545,683
47$57,991,132$23,340,997$17,674,211$42,853,016
48$63,826,629$24,405,107$18,186,699$46,467,595
49$70,254,839$25,518,852$18,713,847$50,419,454
50$77,336,140$26,684,583$19,256,069$54,741,629
51$85,137,066$27,904,768$19,813,787$59,470,467
52$93,730,935$29,181,989$20,387,437$64,645,955
53$103,198,540$30,518,956$20,977,466$70,312,094
54$113,628,913$31,918,507$21,584,333$76,517,301
55$125,120,163$33,383,615$22,208,509$83,314,858
56$137,780,406$34,917,399$22,850,480$90,763,404
57$151,728,781$36,523,124$23,510,744$98,927,479
58$167,096,574$38,204,215$24,189,812$107,878,123
59$184,028,464$39,964,261$24,888,210$117,693,530
60$202,683,879$41,807,022$25,606,477$128,459,780
61$223,238,509$43,736,440$26,345,169$140,271,635
62$245,885,959$45,756,648$27,104,854$153,233,422
63$270,839,578$47,871,975$27,886,118$167,460,001
64$298,334,474$50,086,960$28,689,561$183,077,838
65$328,629,731$52,406,361$29,515,802$200,226,183
66$362,010,856$54,835,165$30,365,473$219,058,366
67$398,792,473$57,378,599$31,239,227$239,743,229
68$439,321,296$60,042,141$32,137,732$262,466,704
69$483,979,396$62,831,534$33,061,674$287,433,545
70$533,187,814$65,752,798$34,011,759$314,869,247
71$587,410,529$68,812,243$34,988,711$345,022,152
72$647,158,844$72,016,484$35,993,274$378,165,772
73$712,996,210$75,372,455$37,026,212$414,601,347
74$785,543,542$78,887,425$38,088,309$454,660,669
75$865,485,087$82,569,012$39,180,371$498,709,190
76$953,574,876$86,425,204$40,303,224$547,149,443
77$1,050,643,848$90,464,374$41,457,717$600,424,817
78$1,157,607,692$94,695,300$42,644,722$659,023,715
79$1,275,475,491$99,127,183$43,865,134$723,484,137
80$1,405,359,247$103,769,672$45,119,873$794,398,724
81$1,548,484,382$108,632,877$46,409,880$872,420,326
82$1,706,201,304$113,727,403$47,736,125$958,268,127
83$1,879,998,154$119,064,362$49,099,603$1,052,734,400
84$2,071,514,858$124,655,409$50,501,332$1,156,691,954
85$2,282,558,609$130,512,759$51,942,362$1,271,102,328
86$2,515,120,923$136,649,221$53,423,767$1,397,024,833
87$2,771,396,445$143,078,220$54,946,651$1,535,626,509
88$3,053,803,666$149,813,837$56,512,148$1,688,193,095
89$3,365,007,755$156,870,829$58,121,419$1,856,141,127
90$3,707,945,717$164,264,671$59,775,658$2,041,031,254
91$4,085,854,128$172,011,588$61,476,090$2,244,582,929
92$4,502,299,682$180,128,589$63,223,973$2,468,690,579
93$4,961,212,869$188,633,508$65,020,594$2,715,441,442
94$5,466,925,076$197,545,046$66,867,279$2,987,135,207
95$6,024,209,487$206,882,806$68,765,386$3,286,305,667
96$6,638,326,136$216,667,344$70,716,308$3,615,744,574
97$7,315,071,573$226,920,215$72,721,475$3,978,527,925
98$8,060,833,584$237,664,016$74,782,355$4,378,044,934
99$8,882,651,498$248,922,441$76,900,452$4,818,029,954
100$9,788,282,645$260,720,335$79,077,312$5,302,597,653