Can I retire at age 30 with 9,300,000?

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 $9,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$767,985$761,144$754,470$747,956$741,595$719,008
2 years$380,191$373,110$366,248$359,594$353,141$330,578
3 years$250,943$243,832$236,987$230,396$224,047$202,217
4 years$186,331$179,242$172,466$165,987$159,792$138,862
5 years$147,575$140,528$133,840$127,494$121,471$101,498
6 years$121,745$114,752$108,163$101,958$96,116$77,116
7 years$103,303$96,368$89,884$83,825$78,168$60,141
8 years$89,478$82,605$76,229$70,319$64,848$47,783
9 years$78,730$71,923$65,656$59,896$54,611$38,489
10 years$70,137$63,396$57,240$51,631$46,532$31,329
11 years$63,111$56,438$50,393$44,934$40,019$25,710
12 years$57,261$50,656$44,723$39,414$34,679$21,235
13 years$52,314$45,778$39,957$34,796$30,241$17,629
14 years$48,077$41,611$35,901$30,888$26,509$14,697
15 years$44,409$38,012$32,414$27,547$23,341$12,294
16 years$41,203$34,876$29,388$24,665$20,629$10,313
17 years$38,376$32,119$26,742$22,162$18,291$8,671
18 years$35,867$29,680$24,412$19,972$16,263$7,305
19 years$33,624$27,507$22,348$18,046$14,496$6,163
20 years$31,608$25,561$20,510$16,344$12,948$5,207
21 years$29,786$23,809$18,865$14,834$11,587$4,405
22 years$28,132$22,225$17,387$13,487$10,386$3,729
23 years$26,625$20,786$16,054$12,283$9,323$3,160
24 years$25,245$19,475$14,847$11,203$8,380$2,679
25 years$23,977$18,277$13,752$10,231$7,541$2,273
26 years$22,809$17,177$12,754$9,355$6,792$1,929
27 years$21,729$16,166$11,843$8,563$6,124$1,638
28 years$20,728$15,233$11,010$7,845$5,526$1,392
29 years$19,797$14,370$10,245$7,194$4,990$1,182
30 years$18,931$13,571$9,543$6,603$4,508$1,005
31 years$18,122$12,829$8,897$6,064$4,076$854
32 years$17,365$12,139$8,301$5,573$3,687$726
33 years$16,655$11,496$7,751$5,125$3,337$618
34 years$15,988$10,896$7,242$4,715$3,021$525
35 years$15,361$10,334$6,771$4,341$2,736$447
36 years$14,771$9,809$6,334$3,998$2,479$380
37 years$14,213$9,316$5,928$3,683$2,247$323
38 years$13,686$8,854$5,551$3,395$2,037$275
39 years$13,187$8,419$5,201$3,130$1,847$234
40 years$12,715$8,010$4,875$2,887$1,676$199
41 years$12,266$7,625$4,571$2,664$1,520$169
42 years$11,840$7,261$4,288$2,458$1,379$144
43 years$11,435$6,919$4,024$2,269$1,252$123
44 years$11,050$6,595$3,777$2,095$1,136$104
45 years$10,682$6,289$3,546$1,935$1,032$89
46 years$10,332$5,999$3,331$1,788$937$76
47 years$9,998$5,725$3,129$1,651$850$64
48 years$9,678$5,466$2,941$1,526$772$55
49 years$9,372$5,219$2,764$1,410$701$47
50 years$9,080$4,986$2,599$1,304$637$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $9,300,000, adding $6,434 every year, while hoping to spend $53,997 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: 49/38/13 Blend
29$9,300,000$9,300,000$9,300,000$9,300,000
30$10,255,237$9,762,337$9,618,187$10,720,853
31$11,243,818$10,183,239$9,882,944$11,462,694
32$12,331,426$10,622,955$10,154,760$12,261,912
33$13,528,102$11,082,351$10,433,816$13,128,846
34$14,844,914$11,562,332$10,720,294$14,069,859
35$16,294,055$12,063,846$11,014,383$15,091,936
36$17,888,959$12,587,885$11,316,275$16,202,755
37$19,644,430$13,135,488$11,626,168$17,410,750
38$21,576,779$13,707,744$11,944,262$18,725,189
39$23,703,980$14,305,793$12,270,763$20,156,260
40$26,045,835$14,930,826$12,605,883$21,715,160
41$28,624,167$15,584,093$12,949,838$23,414,200
42$31,463,021$16,266,903$13,302,846$25,266,915
43$34,588,893$16,980,625$13,665,135$27,288,188
44$38,030,978$17,726,693$14,036,935$29,494,387
45$41,821,447$18,506,611$14,418,482$31,903,516
46$45,995,750$19,321,951$14,810,017$34,535,375
47$50,592,951$20,174,360$15,211,786$37,411,749
48$55,656,093$21,065,565$15,624,042$40,556,602
49$61,232,610$21,997,373$16,047,043$43,996,303
50$67,374,769$22,971,677$16,481,052$47,759,865
51$74,140,165$23,990,459$16,926,337$51,879,215
52$81,592,267$25,055,797$17,383,174$56,389,490
53$89,801,012$26,169,864$17,851,844$61,329,359
54$98,843,469$27,334,941$18,332,634$66,741,385
55$108,804,563$28,553,413$18,825,838$72,672,418
56$119,777,878$29,827,781$19,331,754$79,174,028
57$131,866,543$31,160,663$19,850,688$86,302,986
58$145,184,198$32,554,803$20,382,954$94,121,794
59$159,856,072$34,013,075$20,928,869$102,699,261
60$176,020,165$35,538,489$21,488,760$112,111,147
61$193,828,547$37,134,200$22,062,959$122,440,870
62$213,448,795$38,803,512$22,651,804$133,780,282
63$235,065,575$40,549,887$23,255,642$146,230,525
64$258,882,384$42,376,952$23,874,827$159,902,977
65$285,123,472$44,288,507$24,509,718$174,920,292
66$314,035,955$46,288,533$25,160,683$191,417,544
67$345,892,154$48,381,203$25,828,097$209,543,495
68$380,992,157$50,570,885$26,512,342$229,461,982
69$419,666,660$52,862,161$27,213,807$251,353,449
70$462,280,080$55,259,828$27,932,891$275,416,644
71$509,234,004$57,768,915$28,669,998$301,870,472
72$560,970,970$60,394,689$29,425,541$330,956,052
73$617,978,652$63,142,673$30,199,940$362,938,977
74$680,794,460$66,018,649$30,993,624$398,111,800
75$750,010,613$69,028,681$31,807,028$436,796,783
76$826,279,730$72,179,121$32,640,598$479,348,921
77$910,320,990$75,476,625$33,494,786$526,159,269
78$1,002,926,922$78,928,170$34,370,051$577,658,621
79$1,104,970,884$82,541,067$35,266,864$634,321,550
80$1,217,415,310$86,322,976$36,185,700$696,670,872
81$1,341,320,796$90,281,926$37,127,046$765,282,551
82$1,477,856,110$94,426,332$38,091,394$840,791,120
83$1,628,309,223$98,765,013$39,079,246$923,895,642
84$1,794,099,476$103,307,211$40,091,113$1,015,366,285
85$1,976,790,970$108,062,611$41,127,512$1,116,051,565
86$2,178,107,337$113,041,367$42,188,972$1,226,886,325
87$2,399,948,009$118,254,118$43,276,027$1,348,900,537
88$2,644,406,152$123,712,016$44,389,220$1,483,228,985
89$2,913,788,425$129,426,750$45,529,104$1,631,121,954
90$3,210,636,754$135,410,570$46,696,238$1,793,956,993
91$3,537,752,332$141,676,318$47,891,192$1,973,251,887
92$3,898,222,064$148,237,452$49,114,541$2,170,678,944
93$4,295,447,708$155,108,080$50,366,871$2,388,080,749
94$4,733,177,987$162,302,989$51,648,774$2,627,487,513
95$5,215,543,985$169,837,679$52,960,852$2,891,136,198
96$5,747,098,143$177,728,396$54,303,712$3,181,491,591
97$6,332,857,238$185,992,172$55,677,970$3,501,269,524
98$6,978,349,747$194,646,859$57,084,252$3,853,462,463
99$7,689,668,034$203,711,168$58,523,188$4,241,367,710
100$8,473,525,875$213,204,717$59,995,417$4,668,618,475