Can I retire at age 30 with 9,400,000?

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 $9,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$776,243$769,329$762,583$755,999$749,569$728,496
2 years$384,279$377,122$370,186$363,461$356,938$335,867
3 years$253,641$246,453$239,535$232,873$226,456$206,048
4 years$188,335$181,169$174,320$167,772$161,510$141,922
5 years$149,162$142,039$135,279$128,865$122,778$104,062
6 years$123,055$115,985$109,326$103,054$97,150$79,325
7 years$104,414$97,404$90,850$84,727$79,009$62,075
8 years$90,440$83,494$77,048$71,075$65,545$49,493
9 years$79,577$72,696$66,362$60,540$55,199$40,013
10 years$70,892$64,078$57,856$52,186$47,032$32,692
11 years$63,790$57,045$50,935$45,418$40,449$26,932
12 years$57,876$51,201$45,204$39,837$35,052$22,332
13 years$52,876$46,270$40,386$35,170$30,566$18,616
14 years$48,594$42,058$36,287$31,220$26,794$15,584
15 years$44,887$38,421$32,763$27,843$23,592$13,091
16 years$41,646$35,251$29,704$24,930$20,850$11,029
17 years$38,789$32,465$27,030$22,400$18,487$9,314
18 years$36,252$29,999$24,675$20,187$16,438$7,881
19 years$33,985$27,802$22,588$18,240$14,652$6,680
20 years$31,948$25,835$20,730$16,520$13,087$5,670
21 years$30,106$24,065$19,068$14,993$11,712$4,818
22 years$28,435$22,463$17,574$13,632$10,498$4,098
23 years$26,911$21,010$16,227$12,415$9,423$3,489
24 years$25,516$19,685$15,007$11,323$8,470$2,973
25 years$24,235$18,473$13,899$10,341$7,622$2,534
26 years$23,054$17,362$12,891$9,455$6,865$2,161
27 years$21,962$16,339$11,970$8,655$6,190$1,844
28 years$20,951$15,397$11,128$7,930$5,585$1,574
29 years$20,010$14,525$10,356$7,272$5,043$1,344
30 years$19,134$13,717$9,646$6,674$4,557$1,148
31 years$18,317$12,967$8,993$6,129$4,120$981
32 years$17,551$12,270$8,390$5,633$3,727$838
33 years$16,834$11,620$7,834$5,180$3,373$716
34 years$16,160$11,013$7,320$4,766$3,054$612
35 years$15,527$10,445$6,843$4,387$2,766$523
36 years$14,929$9,914$6,402$4,041$2,506$447
37 years$14,366$9,416$5,992$3,723$2,271$382
38 years$13,833$8,949$5,611$3,431$2,059$327
39 years$13,329$8,509$5,257$3,164$1,867$280
40 years$12,851$8,096$4,927$2,918$1,694$239
41 years$12,398$7,707$4,620$2,692$1,536$204
42 years$11,968$7,340$4,334$2,485$1,394$175
43 years$11,558$6,993$4,067$2,294$1,265$150
44 years$11,169$6,666$3,818$2,118$1,149$128
45 years$10,797$6,357$3,585$1,956$1,043$109
46 years$10,443$6,064$3,367$1,807$947$94
47 years$10,105$5,787$3,163$1,669$860$80
48 years$9,782$5,524$2,972$1,542$781$68
49 years$9,473$5,275$2,794$1,425$709$59
50 years$9,178$5,039$2,627$1,318$644$50

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $9,400,000, adding $6,493 every year, while hoping to spend $20,799 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: 52/28/20 Blend
29$9,400,000$9,400,000$9,400,000$9,400,000
30$10,365,498$9,867,298$9,721,598$10,847,030
31$11,400,648$10,328,665$10,025,141$11,640,585
32$12,540,687$10,811,943$10,338,156$12,500,573
33$13,796,291$11,318,182$10,660,938$13,435,549
34$15,179,225$11,848,485$10,993,792$14,452,641
35$16,702,453$12,404,008$11,337,031$15,559,684
36$18,380,262$12,985,962$11,690,980$16,765,286
37$20,228,392$13,595,618$12,055,971$18,078,910
38$22,264,192$14,234,308$12,432,351$19,510,960
39$24,506,778$14,903,427$12,820,472$21,072,874
40$26,977,214$15,604,439$13,220,703$22,777,227
41$29,698,713$16,338,880$13,633,420$24,637,851
42$32,696,855$17,108,358$14,059,012$26,669,957
43$35,999,826$17,914,560$14,497,881$28,890,275
44$39,638,689$18,759,254$14,950,441$31,317,211
45$43,647,673$19,644,295$15,417,118$33,971,012
46$48,064,497$20,571,626$15,898,353$36,873,955
47$52,930,727$21,543,287$16,394,599$40,050,552
48$58,292,167$22,561,415$16,906,324$43,527,774
49$64,199,293$23,628,249$17,434,011$47,335,304
50$70,707,728$24,746,141$17,978,158$51,505,809
51$77,878,767$25,917,552$18,539,277$56,075,243
52$85,779,955$27,145,066$19,117,896$61,083,182
53$94,485,728$28,431,392$19,714,563$66,573,186
54$104,078,110$29,779,368$20,329,839$72,593,211
55$114,647,493$31,191,972$20,964,304$79,196,049
56$126,293,485$32,672,327$21,618,556$86,439,820
57$139,125,855$34,223,705$22,293,212$94,388,515
58$153,265,565$35,849,540$22,988,908$103,112,589
59$168,845,915$37,553,430$23,706,299$112,689,623
60$186,013,800$39,339,149$24,446,061$123,205,040
61$204,931,095$41,210,655$25,208,892$134,752,908
62$225,776,187$43,172,097$25,995,510$147,436,818
63$248,745,655$45,227,827$26,806,656$161,370,849
64$274,056,128$47,382,407$27,643,096$176,680,636
65$301,946,330$49,640,621$28,505,616$193,504,545
66$332,679,331$52,007,487$29,395,029$211,994,969
67$366,545,034$54,488,265$30,312,174$232,319,751
68$403,862,910$57,088,473$31,257,915$254,663,760
69$444,985,013$59,813,894$32,233,141$279,230,622
70$490,299,305$62,670,596$33,238,772$306,244,625
71$540,233,319$65,664,940$34,275,755$335,952,826
72$595,258,191$68,803,596$35,345,067$368,627,369
73$655,893,115$72,093,560$36,447,715$404,568,034
74$722,710,236$75,542,168$37,584,737$444,105,053
75$796,340,058$79,157,112$38,757,204$487,602,211
76$877,477,394$82,946,461$39,966,220$535,460,261
77$966,887,923$86,918,672$41,212,923$588,120,689
78$1,065,415,423$91,082,619$42,498,488$646,069,862
79$1,173,989,733$95,447,605$43,824,125$709,843,597
80$1,293,635,534$100,023,385$45,191,081$780,032,202
81$1,425,482,021$104,820,193$46,600,644$857,286,022
82$1,570,773,562$109,848,758$48,054,141$942,321,556
83$1,730,881,451$115,120,332$49,552,940$1,035,928,198
84$1,907,316,847$120,646,717$51,098,452$1,138,975,662
85$2,101,745,046$126,440,287$52,692,131$1,252,422,163
86$2,316,001,201$132,514,022$54,335,478$1,377,323,441
87$2,552,107,646$138,881,531$56,030,039$1,514,842,690
88$2,812,292,990$145,557,090$57,777,409$1,666,261,517
89$3,099,013,155$152,555,667$59,579,232$1,832,991,999
90$3,414,974,564$159,892,962$61,437,204$2,016,589,988
91$3,763,159,693$167,585,441$63,353,073$2,218,769,758
92$4,146,855,223$175,650,368$65,328,642$2,441,420,154
93$4,569,683,074$184,105,855$67,365,770$2,686,622,386
94$5,035,634,597$192,970,891$69,466,373$2,956,669,630
95$5,549,108,257$202,265,396$71,632,428$3,254,088,643
96$6,114,951,157$212,010,258$73,865,971$3,581,663,565
97$6,738,504,799$222,227,385$76,169,105$3,942,462,161
98$7,425,655,514$232,939,752$78,543,996$4,339,864,729
99$8,182,890,033$244,171,457$80,992,877$4,777,595,968
100$9,017,356,730$255,947,772$83,518,052$5,259,760,078