Can I retire at age 30 with 10,700,000?

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 $10,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$883,596$875,725$868,047$860,552$853,233$824,601
2 years$437,424$429,277$421,382$413,727$406,301$377,737
3 years$288,719$280,537$272,662$265,079$257,774$230,175
4 years$214,381$206,225$198,428$190,974$183,847$157,424
5 years$169,790$161,683$153,988$146,687$139,757$114,581
6 years$140,073$132,026$124,445$117,306$110,585$86,676
7 years$118,854$110,875$103,415$96,444$89,935$67,289
8 years$102,948$95,041$87,704$80,905$74,610$53,210
9 years$90,582$82,750$75,539$68,913$62,833$42,652
10 years$80,696$72,940$65,857$59,403$53,536$34,544
11 years$72,612$64,934$57,979$51,699$46,043$28,201
12 years$65,881$58,281$51,455$45,347$39,900$23,169
13 years$60,189$52,669$45,972$40,034$34,794$19,131
14 years$55,315$47,875$41,306$35,538$30,500$15,860
15 years$51,094$43,735$37,294$31,694$26,854$13,192
16 years$47,405$40,126$33,812$28,378$23,734$11,003
17 years$44,153$36,954$30,768$25,498$21,044$9,197
18 years$41,266$34,147$28,087$22,979$18,712$7,702
19 years$38,685$31,648$25,712$20,763$16,678$6,459
20 years$36,366$29,408$23,597$18,805$14,897$5,424
21 years$34,270$27,393$21,705$17,067$13,331$4,560
22 years$32,367$25,570$20,005$15,518$11,950$3,836
23 years$30,633$23,915$18,471$14,132$10,727$3,230
24 years$29,045$22,407$17,082$12,889$9,641$2,722
25 years$27,586$21,028$15,822$11,771$8,676$2,294
26 years$26,242$19,763$14,674$10,763$7,815$1,935
27 years$25,000$18,599$13,626$9,852$7,046$1,632
28 years$23,848$17,526$12,667$9,026$6,357$1,377
29 years$22,778$16,534$11,788$8,277$5,741$1,163
30 years$21,781$15,614$10,980$7,596$5,187$982
31 years$20,850$14,761$10,236$6,977$4,690$829
32 years$19,979$13,967$9,551$6,412$4,242$700
33 years$19,162$13,227$8,917$5,896$3,839$591
34 years$18,395$12,536$8,332$5,425$3,476$500
35 years$17,674$11,890$7,790$4,994$3,148$422
36 years$16,994$11,285$7,287$4,599$2,852$357
37 years$16,353$10,718$6,821$4,238$2,585$301
38 years$15,746$10,186$6,387$3,906$2,344$255
39 years$15,172$9,686$5,984$3,602$2,125$215
40 years$14,629$9,216$5,609$3,322$1,928$182
41 years$14,113$8,772$5,259$3,065$1,749$154
42 years$13,623$8,355$4,933$2,828$1,587$130
43 years$13,157$7,960$4,629$2,611$1,440$110
44 years$12,713$7,588$4,345$2,411$1,307$93
45 years$12,290$7,236$4,080$2,226$1,187$78
46 years$11,887$6,903$3,832$2,057$1,078$66
47 years$11,503$6,587$3,600$1,900$979$56
48 years$11,135$6,288$3,383$1,756$889$47
49 years$10,783$6,005$3,180$1,623$807$40
50 years$10,447$5,736$2,990$1,500$733$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $10,700,000, adding $2,977 every year, while hoping to spend $59,710 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: 74/21/5 Blend
29$10,700,000$10,700,000$10,700,000$10,700,000
30$11,794,471$11,227,371$11,061,521$12,662,768
31$12,933,976$11,713,981$11,368,551$13,720,897
32$14,187,709$12,222,434$11,683,865$14,871,767
33$15,567,259$12,753,737$12,007,678$16,130,717
34$17,085,394$13,308,944$12,340,209$17,508,402
35$18,756,182$13,889,160$12,681,684$19,016,549
36$20,595,125$14,495,541$13,032,333$20,668,068
37$22,619,303$15,129,298$13,392,392$22,477,166
38$24,847,536$15,791,699$13,762,102$24,459,481
39$27,300,564$16,484,070$14,141,711$26,632,232
40$30,001,235$17,207,804$14,531,472$29,014,372
41$32,974,729$17,964,354$14,931,644$31,626,768
42$36,248,790$18,755,247$15,342,493$34,492,394
43$39,853,991$19,582,078$15,764,291$37,636,549
44$43,824,019$20,446,521$16,197,316$41,087,086
45$48,195,995$21,350,326$16,641,851$44,874,677
46$53,010,823$22,295,328$17,098,190$49,033,099
47$58,313,577$23,283,449$17,566,629$53,599,547
48$64,153,924$24,316,701$18,047,474$58,614,984
49$70,586,597$25,397,192$18,541,037$64,124,522
50$77,671,905$26,527,129$19,047,636$70,177,847
51$85,476,306$27,708,825$19,567,599$76,829,681
52$94,073,035$28,944,704$20,101,260$84,140,296
53$103,542,793$30,237,302$20,648,960$92,176,078
54$113,974,506$31,589,278$21,211,048$101,010,151
55$125,466,170$33,003,417$21,787,883$110,723,058
56$138,125,771$34,482,636$22,379,829$121,403,524
57$152,072,306$36,029,992$22,987,259$133,149,280
58$167,436,905$37,648,686$23,610,556$146,067,987
59$184,364,070$39,342,072$24,250,111$160,278,241
60$203,013,037$41,113,665$24,906,321$175,910,691
61$223,559,279$42,967,147$25,579,595$193,109,265
62$246,196,163$44,906,375$26,270,349$212,032,523
63$271,136,776$46,935,391$26,979,010$232,855,143
64$298,615,932$49,058,430$27,706,012$255,769,570
65$328,892,393$51,279,929$28,451,799$280,987,818
66$362,251,308$53,604,537$29,216,826$308,743,469
67$399,006,908$56,037,125$30,001,555$339,293,869
68$439,505,466$58,582,799$30,806,461$372,922,548
69$484,128,573$61,246,905$31,632,027$409,941,888
70$533,296,734$64,035,049$32,478,746$450,696,062
71$587,473,339$66,953,105$33,347,122$495,564,279
72$647,169,038$70,007,226$34,237,669$544,964,344
73$712,946,561$73,203,861$35,150,913$599,356,601
74$785,426,030$76,549,770$36,087,388$659,248,264
75$865,290,810$80,052,034$37,047,640$725,198,194
76$953,293,964$83,718,075$38,032,228$797,822,163
77$1,050,265,361$87,555,673$39,041,720$877,798,653
78$1,157,119,505$91,572,978$40,076,695$965,875,254
79$1,274,864,175$95,778,534$41,137,745$1,062,875,701
80$1,404,609,933$100,181,295$42,225,471$1,169,707,640
81$1,547,580,612$104,790,644$43,340,490$1,287,371,181
82$1,705,124,864$109,616,415$44,483,426$1,416,968,323
83$1,878,728,898$114,668,917$45,654,919$1,559,713,344
84$2,070,030,503$119,958,952$46,855,617$1,716,944,243
85$2,280,834,518$125,497,844$48,086,183$1,890,135,358
86$2,513,129,860$131,297,460$49,347,291$2,080,911,263
87$2,769,108,309$137,370,238$50,639,629$2,291,062,086
88$3,051,185,195$143,729,218$51,963,894$2,522,560,390
89$3,362,022,200$150,388,065$53,320,800$2,777,579,771
90$3,704,552,487$157,361,103$54,711,070$3,058,515,360
91$4,082,008,390$164,663,347$56,135,440$3,368,006,406
92$4,497,951,929$172,310,534$57,594,660$3,708,961,173
93$4,956,308,437$180,319,162$59,089,493$4,084,584,365
94$5,461,403,620$188,706,523$60,620,714$4,498,407,359
95$6,018,004,391$197,490,744$62,189,109$4,954,321,513
96$6,631,363,875$206,690,827$63,795,480$5,456,614,874
97$7,307,271,002$216,326,689$65,440,640$6,010,012,630
98$8,052,105,158$226,419,210$67,125,416$6,619,721,685
99$8,872,896,412$236,990,280$68,850,645$7,291,479,787
100$9,777,391,885$248,062,842$70,617,181$8,031,609,657