Can I retire at age 30 with 9,600,000?

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 $9,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$792,759$785,698$778,808$772,084$765,517$750,061
2 years$392,455$385,146$378,062$371,194$364,532$349,028
3 years$259,038$251,697$244,631$237,828$231,274$216,206
4 years$192,342$185,024$178,029$171,341$164,947$150,430
5 years$152,335$145,061$138,158$131,607$125,390$111,466
6 years$125,673$118,453$111,652$105,247$99,217$85,901
7 years$106,636$99,477$92,783$86,529$80,690$67,985
8 years$92,364$85,270$78,688$72,587$66,940$54,843
9 years$81,270$74,243$67,774$61,828$56,373$44,875
10 years$72,400$65,441$59,087$53,297$48,033$37,123
11 years$65,147$58,259$52,019$46,384$41,310$30,975
12 years$59,108$52,290$46,165$40,685$35,798$26,023
13 years$54,001$47,255$41,246$35,919$31,217$21,984
14 years$49,628$42,953$37,060$31,885$27,364$18,657
15 years$45,842$39,239$33,460$28,435$24,094$15,894
16 years$42,532$36,001$30,336$25,461$21,294$13,582
17 years$39,614$33,155$27,605$22,876$18,881$11,638
18 years$37,024$30,637$25,200$20,616$16,788$9,994
19 years$34,708$28,394$23,069$18,629$14,963$8,598
20 years$32,627$26,385$21,172$16,872$13,366$7,409
21 years$30,747$24,577$19,474$15,312$11,961$6,393
22 years$29,040$22,941$17,948$13,922$10,721$5,523
23 years$27,483$21,457$16,572$12,679$9,624$4,776
24 years$26,059$20,104$15,326$11,564$8,650$4,134
25 years$24,750$18,866$14,195$10,561$7,784$3,581
26 years$23,544$17,731$13,165$9,657$7,011$3,104
27 years$22,430$16,687$12,225$8,839$6,321$2,691
28 years$21,396$15,724$11,365$8,098$5,704$2,335
29 years$20,436$14,834$10,576$7,426$5,150$2,027
30 years$19,541$14,009$9,851$6,816$4,654$1,760
31 years$18,706$13,243$9,184$6,260$4,207$1,528
32 years$17,925$12,531$8,569$5,753$3,806$1,328
33 years$17,192$11,867$8,001$5,290$3,444$1,154
34 years$16,504$11,247$7,475$4,867$3,118$1,003
35 years$15,857$10,668$6,989$4,481$2,825$872
36 years$15,247$10,125$6,538$4,127$2,559$758
37 years$14,671$9,617$6,119$3,802$2,319$659
38 years$14,127$9,139$5,731$3,504$2,103$573
39 years$13,613$8,690$5,369$3,231$1,907$499
40 years$13,125$8,268$5,032$2,980$1,730$434
41 years$12,662$7,871$4,719$2,750$1,569$377
42 years$12,222$7,496$4,426$2,538$1,424$328
43 years$11,804$7,142$4,153$2,343$1,292$286
44 years$11,406$6,808$3,899$2,163$1,173$248
45 years$11,027$6,492$3,661$1,998$1,065$216
46 years$10,665$6,193$3,438$1,845$967$188
47 years$10,320$5,910$3,230$1,705$878$164
48 years$9,990$5,642$3,036$1,575$797$142
49 years$9,675$5,388$2,853$1,456$724$124
50 years$9,373$5,146$2,682$1,346$658$108

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $9,600,000, adding $2,481 every year, while hoping to spend $58,167 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: 49/23/28 Blend
29$9,600,000$9,600,000$9,600,000$9,600,000
30$10,581,759$10,072,959$9,924,159$11,015,914
31$11,599,209$10,504,645$10,194,729$11,752,319
32$12,718,490$10,955,534$10,472,414$12,545,988
33$13,949,926$11,426,505$10,757,390$13,407,179
34$15,304,895$11,918,480$11,049,839$14,342,309
35$16,795,931$12,432,422$11,349,945$15,358,433
36$18,436,845$12,969,340$11,657,897$16,463,307
37$20,242,856$13,530,291$11,973,890$17,665,460
38$22,230,732$14,116,380$12,298,120$18,974,271
39$24,418,949$14,728,765$12,630,789$20,400,053
40$26,827,866$15,368,658$12,972,105$21,954,154
41$29,479,915$16,037,329$13,322,277$23,649,052
42$32,399,815$16,736,107$13,681,522$25,498,480
43$35,614,802$17,466,383$14,050,059$27,517,543
44$39,154,890$18,229,613$14,428,114$29,722,866
45$43,053,149$19,027,324$14,815,916$32,132,740
46$47,346,021$19,861,114$15,213,700$34,767,296
47$52,073,661$20,732,655$15,621,705$37,648,692
48$57,280,319$21,643,699$16,040,177$40,801,314
49$63,014,753$22,596,082$16,469,364$44,252,007
50$69,330,692$23,591,724$16,909,522$48,030,320
51$76,287,343$24,632,639$17,360,911$52,168,785
52$83,949,947$25,720,933$17,823,796$56,703,216
53$92,390,397$26,858,814$18,298,449$61,673,046
54$101,687,916$28,048,595$18,785,146$67,121,692
55$111,929,804$29,292,697$19,284,169$73,096,959
56$123,212,261$30,593,655$19,795,805$79,651,489
57$135,641,295$31,954,128$20,320,348$86,843,252
58$149,333,724$33,376,897$20,858,097$94,736,083
59$164,418,277$34,864,878$21,409,356$103,400,287
60$181,036,808$36,421,124$21,974,437$112,913,288
61$199,345,637$38,048,834$22,553,655$123,360,360
62$219,517,024$39,751,359$23,147,335$134,835,422
63$241,740,794$41,532,209$23,755,803$147,441,917
64$266,226,128$43,395,061$24,379,396$161,293,785
65$293,203,542$45,343,767$25,018,454$176,516,527
66$322,927,056$47,382,364$25,673,325$193,248,384
67$355,676,595$49,515,080$26,344,362$211,641,633
68$391,760,634$51,746,345$27,031,924$231,864,017
69$431,519,103$54,080,800$27,736,377$254,100,318
70$475,326,601$56,523,308$28,458,095$278,554,092
71$523,595,929$59,078,965$29,197,456$305,449,585
72$576,781,987$61,753,108$29,954,845$335,033,833
73$635,386,071$64,551,331$30,730,653$367,578,988
74$699,960,599$67,479,496$31,525,279$403,384,875
75$771,114,332$70,543,743$32,339,127$442,781,812
76$849,518,114$73,750,506$33,172,609$486,133,715
77$935,911,211$77,106,531$34,026,140$533,841,518
78$1,031,108,285$80,618,881$34,900,146$586,346,952
79$1,136,007,085$84,294,961$35,795,056$644,136,695
80$1,251,596,925$88,142,531$36,711,307$707,746,954
81$1,378,968,017$92,169,721$37,649,342$777,768,514
82$1,519,321,769$96,385,051$38,609,609$854,852,297
83$1,673,982,122$100,797,452$39,592,564$939,715,492
84$1,844,408,052$105,416,280$40,598,668$1,033,148,308
85$2,032,207,339$110,251,344$41,628,389$1,136,021,416
86$2,239,151,748$115,312,920$42,682,201$1,249,294,151
87$2,467,193,753$120,611,780$43,760,581$1,374,023,548
88$2,718,484,971$126,159,212$44,864,016$1,511,374,304
89$2,995,396,474$131,967,049$45,992,996$1,662,629,744
90$3,300,541,170$138,047,690$47,148,017$1,829,203,925
91$3,636,798,473$144,414,131$48,329,580$2,012,654,954
92$4,007,341,488$151,079,994$49,538,191$2,214,699,678
93$4,415,666,962$158,059,556$50,774,363$2,437,229,863
94$4,865,628,299$165,367,781$52,038,611$2,682,330,030
95$5,361,471,936$173,020,353$53,331,455$2,952,297,108
96$5,907,877,435$181,033,712$54,653,420$3,249,662,085
97$6,510,001,659$189,425,089$56,005,035$3,577,213,875
98$7,173,527,456$198,212,547$57,386,832$3,938,025,616
99$7,904,717,312$207,415,017$58,799,346$4,335,483,648
100$8,710,472,470$217,052,345$60,243,116$4,773,319,449