Can I retire at age 30 with 10,600,000?

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 $10,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$875,338$867,541$859,934$852,509$845,259$816,243
2 years$433,336$425,265$417,444$409,860$402,504$373,567
3 years$286,021$277,916$270,114$262,601$255,365$227,415
4 years$212,378$204,297$196,574$189,189$182,129$155,379
5 years$168,204$160,172$152,549$145,316$138,451$112,974
6 years$138,764$130,792$123,282$116,210$109,552$85,366
7 years$117,743$109,839$102,448$95,543$89,095$66,196
8 years$101,985$94,152$86,884$80,148$73,913$52,284
9 years$89,736$81,977$74,833$68,269$62,245$41,859
10 years$79,942$72,258$65,241$58,848$53,036$33,858
11 years$71,933$64,327$57,438$51,216$45,613$27,606
12 years$65,265$57,737$50,974$44,923$39,527$22,650
13 years$59,627$52,177$45,542$39,660$34,468$18,677
14 years$54,798$47,428$40,920$35,206$30,215$15,462
15 years$50,617$43,326$36,945$31,398$26,603$12,843
16 years$46,962$39,751$33,496$28,113$23,512$10,696
17 years$43,741$36,609$30,480$25,259$20,848$8,927
18 years$40,880$33,828$27,824$22,764$18,537$7,465
19 years$38,324$31,352$25,472$20,569$16,522$6,251
20 years$36,026$29,134$23,377$18,629$14,758$5,241
21 years$33,950$27,137$21,502$16,907$13,207$4,399
22 years$32,065$25,331$19,818$15,373$11,838$3,696
23 years$30,346$23,692$18,298$14,000$10,626$3,107
24 years$28,773$22,198$16,923$12,769$9,551$2,613
25 years$27,328$20,831$15,674$11,661$8,595$2,199
26 years$25,997$19,578$14,537$10,662$7,742$1,852
27 years$24,766$18,425$13,499$9,760$6,980$1,560
28 years$23,625$17,362$12,549$8,942$6,298$1,314
29 years$22,565$16,379$11,678$8,200$5,687$1,107
30 years$21,577$15,468$10,877$7,525$5,139$934
31 years$20,655$14,623$10,141$6,912$4,646$787
32 years$19,792$13,836$9,461$6,352$4,202$664
33 years$18,983$13,103$8,834$5,841$3,803$560
34 years$18,223$12,419$8,254$5,374$3,443$472
35 years$17,509$11,779$7,717$4,947$3,119$398
36 years$16,835$11,180$7,219$4,556$2,826$336
37 years$16,200$10,618$6,757$4,198$2,561$283
38 years$15,599$10,091$6,328$3,869$2,322$239
39 years$15,031$9,596$5,928$3,568$2,106$202
40 years$14,492$9,130$5,556$3,291$1,910$170
41 years$13,981$8,690$5,210$3,036$1,733$144
42 years$13,495$8,277$4,887$2,802$1,572$121
43 years$13,034$7,886$4,586$2,587$1,427$102
44 years$12,594$7,517$4,305$2,388$1,295$86
45 years$12,176$7,168$4,042$2,206$1,176$73
46 years$11,776$6,838$3,796$2,037$1,068$61
47 years$11,395$6,526$3,567$1,882$969$52
48 years$11,031$6,230$3,352$1,739$880$44
49 years$10,683$5,949$3,150$1,607$800$37
50 years$10,349$5,683$2,962$1,486$726$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $10,600,000, adding $5,758 every year, while hoping to spend $35,183 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: 24/47/29 Blend
29$10,600,000$10,600,000$10,600,000$10,600,000
30$11,687,139$11,125,339$10,961,039$11,860,989
31$12,841,793$11,633,047$11,290,800$12,518,003
32$14,113,042$12,164,452$11,630,428$13,218,081
33$15,512,743$12,720,680$11,980,217$13,967,417
34$17,053,958$13,302,909$12,340,470$14,770,139
35$18,751,083$13,912,373$12,711,497$15,630,755
36$20,619,980$14,550,366$13,093,618$16,554,194
37$22,678,127$15,218,243$13,487,164$17,545,847
38$24,944,785$15,917,426$13,892,473$18,611,609
39$27,441,177$16,649,403$14,309,895$19,757,933
40$30,190,689$17,415,737$14,739,789$20,991,882
41$33,219,094$18,218,062$15,182,525$22,321,189
42$36,554,787$19,058,092$15,638,486$23,754,323
43$40,229,062$19,937,626$16,108,062$25,300,566
44$44,276,403$20,858,546$16,591,659$26,970,087
45$48,734,808$21,822,827$17,089,691$28,774,034
46$53,646,150$22,832,536$17,602,587$30,724,629
47$59,056,570$23,889,844$18,130,787$32,835,279
48$65,016,917$24,997,023$18,674,745$35,120,687
49$71,583,222$26,156,457$19,234,928$37,596,989
50$78,817,229$27,370,641$19,811,817$40,281,888
51$86,786,978$28,642,195$20,405,905$43,194,821
52$95,567,450$29,973,862$21,017,703$46,357,122
53$105,241,268$31,368,520$21,647,734$49,792,221
54$115,899,483$32,829,183$22,296,538$53,525,846
55$127,642,429$34,359,011$22,964,671$57,586,259
56$140,580,673$35,961,319$23,652,704$62,004,507
57$154,836,058$37,639,580$24,361,226$66,814,706
58$170,542,851$39,397,435$25,090,842$72,054,341
59$187,849,012$41,238,700$25,842,176$77,764,616
60$206,917,592$43,167,377$26,615,869$83,990,818
61$227,928,269$45,187,660$27,412,583$90,782,735
62$251,079,044$47,303,948$28,232,997$98,195,106
63$276,588,115$49,520,849$29,077,810$106,288,124
64$304,695,929$51,843,198$29,947,743$115,127,980
65$335,667,460$54,276,060$30,843,538$124,787,476
66$369,794,701$56,824,747$31,765,957$135,346,684
67$407,399,430$59,494,829$32,715,786$146,893,691
68$448,836,239$62,292,143$33,693,832$159,525,399
69$494,495,888$65,222,811$34,700,929$173,348,425
70$544,808,990$68,293,249$35,737,931$188,480,077
71$600,250,075$71,510,187$36,805,720$205,049,440
72$661,342,074$74,880,677$37,905,202$223,198,570
73$728,661,251$78,412,116$39,037,312$243,083,802
74$802,842,646$82,112,258$40,203,010$264,877,204
75$884,586,069$85,989,231$41,403,284$288,768,165
76$974,662,706$90,051,561$42,639,151$314,965,156
77$1,073,922,398$94,308,184$43,911,659$343,697,664
78$1,183,301,669$98,768,470$45,221,885$375,218,324
79$1,303,832,559$103,442,245$46,570,938$409,805,267
80$1,436,652,374$108,339,810$47,959,959$447,764,707
81$1,583,014,421$113,471,965$49,390,123$489,433,798
82$1,744,299,837$118,850,037$50,862,637$535,183,768
83$1,922,030,631$124,485,899$52,378,746$585,423,386
84$2,117,884,050$130,392,003$53,939,729$640,602,774
85$2,333,708,417$136,581,405$55,546,903$701,217,606
86$2,571,540,575$143,067,793$57,201,624$767,813,744
87$2,833,625,121$149,865,522$58,905,286$840,992,334
88$3,122,435,594$156,989,644$60,659,323$921,415,428
89$3,440,697,827$164,455,939$62,465,214$1,009,812,179
90$3,791,415,684$172,280,958$64,324,476$1,106,985,663
91$4,177,899,412$180,482,053$66,238,674$1,213,820,400
92$4,603,796,899$189,077,421$68,209,417$1,331,290,636
93$5,073,128,109$198,086,141$70,238,359$1,460,469,476
94$5,590,323,037$207,528,223$72,327,205$1,602,538,940
95$6,160,263,527$217,424,646$74,477,707$1,758,801,048
96$6,788,329,365$227,797,412$76,691,668$1,930,690,034
97$7,480,449,065$238,669,590$78,970,944$2,119,785,802
98$8,243,155,843$250,065,373$81,317,444$2,327,828,758
99$9,083,649,293$262,010,131$83,733,132$2,556,736,146
100$10,009,863,359$274,530,465$86,220,030$2,808,620,059