Can I retire at age 30 with 9,900,000?

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 $9,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$817,533$810,251$803,146$796,211$789,440$762,644
2 years$404,719$397,182$389,877$382,794$375,924$349,196
3 years$267,133$259,563$252,276$245,260$238,501$212,681
4 years$198,353$190,806$183,592$176,696$170,101$145,386
5 years$157,096$149,594$142,475$135,719$129,308$105,763
6 years$129,600$122,155$115,141$108,536$102,317$79,961
7 years$109,968$102,586$95,683$89,233$83,211$62,041
8 years$95,251$87,935$81,147$74,856$69,032$49,031
9 years$83,810$76,563$69,892$63,760$58,135$39,278
10 years$74,662$67,487$60,933$54,962$49,534$31,791
11 years$67,183$60,079$53,644$47,833$42,601$25,938
12 years$60,955$53,924$47,608$41,956$36,917$21,295
13 years$55,689$48,731$42,535$37,041$32,192$17,571
14 years$51,179$44,296$38,218$32,881$28,219$14,557
15 years$47,274$40,465$34,505$29,324$24,847$12,100
16 years$43,861$37,126$31,284$26,257$21,960$10,084
17 years$40,852$34,191$28,467$23,591$19,471$8,423
18 years$38,180$31,594$25,987$21,261$17,313$7,048
19 years$35,793$29,281$23,790$19,211$15,431$5,907
20 years$33,647$27,210$21,833$17,399$13,783$4,957
21 years$31,708$25,345$20,082$15,791$12,335$4,163
22 years$29,947$23,658$18,509$14,357$11,056$3,500
23 years$28,342$22,127$17,090$13,076$9,925$2,945
24 years$26,873$20,732$15,805$11,926$8,920$2,479
25 years$25,524$19,456$14,639$10,891$8,027$2,088
26 years$24,280$18,285$13,577$9,958$7,231$1,760
27 years$23,131$17,209$12,607$9,115$6,519$1,483
28 years$22,065$16,216$11,720$8,351$5,882$1,251
29 years$21,075$15,297$10,906$7,658$5,311$1,055
30 years$20,152$14,447$10,159$7,029$4,799$890
31 years$19,291$13,657$9,471$6,455$4,339$751
32 years$18,485$12,922$8,836$5,932$3,925$634
33 years$17,729$12,238$8,251$5,455$3,552$535
34 years$17,020$11,599$7,709$5,019$3,216$451
35 years$16,352$11,001$7,207$4,621$2,913$381
36 years$15,723$10,442$6,742$4,255$2,639$322
37 years$15,130$9,917$6,311$3,921$2,392$272
38 years$14,569$9,425$5,910$3,614$2,169$229
39 years$14,038$8,962$5,537$3,332$1,966$194
40 years$13,535$8,527$5,190$3,074$1,784$164
41 years$13,058$8,117$4,866$2,836$1,618$138
42 years$12,604$7,730$4,565$2,617$1,468$117
43 years$12,173$7,365$4,283$2,416$1,333$98
44 years$11,763$7,020$4,021$2,231$1,210$83
45 years$11,372$6,695$3,775$2,060$1,098$70
46 years$10,999$6,386$3,546$1,903$997$59
47 years$10,643$6,095$3,331$1,758$905$50
48 years$10,302$5,818$3,130$1,624$822$42
49 years$9,977$5,556$2,942$1,501$747$36
50 years$9,666$5,307$2,766$1,388$678$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $9,900,000, adding $5,310 every year, while hoping to spend $20,939 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: 51/22/27 Blend
29$9,900,000$9,900,000$9,900,000$9,900,000
30$10,915,277$10,390,577$10,237,127$11,388,767
31$12,006,357$10,877,437$10,557,792$12,205,807
32$13,208,024$11,387,450$10,888,497$13,091,201
33$14,531,538$11,921,731$11,229,557$14,053,567
34$15,989,304$12,481,444$11,581,296$15,100,236
35$17,594,991$13,067,813$11,944,048$16,239,266
36$19,363,664$13,682,120$12,318,158$17,479,516
37$21,311,923$14,325,709$12,703,981$18,830,724
38$23,458,058$14,999,988$13,101,883$20,303,598
39$25,822,227$15,706,434$13,512,243$21,909,914
40$28,426,642$16,446,597$13,935,451$23,662,621
41$31,295,779$17,222,101$14,371,909$25,575,962
42$34,456,612$18,034,647$14,822,031$27,665,606
43$37,938,862$18,886,020$15,286,245$29,948,788
44$41,775,284$19,778,093$15,764,992$32,444,471
45$46,001,971$20,712,827$16,258,727$35,173,521
46$50,658,696$21,692,280$16,767,918$38,158,897
47$55,789,289$22,718,608$17,293,050$41,425,865
48$61,442,051$23,794,074$17,834,622$45,002,232
49$67,670,205$24,921,049$18,393,146$48,918,601
50$74,532,405$26,102,019$18,969,155$53,208,659
51$82,093,283$27,339,591$19,563,195$57,909,486
52$90,424,067$28,636,499$20,175,831$63,061,900
53$99,603,244$29,995,610$20,807,644$68,710,838
54$109,717,309$31,419,929$21,459,234$74,905,771
55$120,861,576$32,912,608$22,131,220$81,701,170
56$133,141,081$34,476,950$22,824,240$89,157,007
57$146,671,572$36,116,421$23,538,953$97,339,317
58$161,580,602$37,834,655$24,276,037$106,320,816
59$178,008,730$39,635,460$25,036,192$116,181,577
60$196,110,856$41,522,833$25,820,139$127,009,778
61$216,057,673$43,500,962$26,628,624$138,902,528
62$238,037,287$45,574,239$27,462,413$151,966,774
63$262,256,985$47,747,272$28,322,299$166,320,300
64$288,945,199$50,024,890$29,209,098$182,092,832
65$318,353,659$52,412,159$30,123,652$199,427,250
66$350,759,766$54,914,389$31,066,828$218,480,929
67$386,469,219$57,537,151$32,039,524$239,427,211
68$425,818,892$60,286,284$33,042,661$262,457,034
69$469,180,021$63,167,914$34,077,192$287,780,718
70$516,961,705$66,188,464$35,144,100$315,629,942
71$569,614,768$69,354,668$36,244,397$346,259,914
72$627,636,018$72,673,589$37,379,127$379,951,773
73$691,572,931$76,152,635$38,549,367$417,015,221
74$762,028,829$79,799,573$39,756,229$457,791,439
75$839,668,564$83,622,547$41,000,858$502,656,288
76$925,224,806$87,630,100$42,284,435$552,023,843
77$1,019,504,951$91,831,189$43,608,179$606,350,285
78$1,123,398,748$96,235,210$44,973,344$666,138,189
79$1,237,886,698$100,852,012$46,381,229$731,941,252
80$1,364,049,308$105,691,928$47,833,167$804,369,498
81$1,503,077,297$110,765,792$49,330,538$884,095,019
82$1,656,282,832$116,084,967$50,874,762$971,858,298
83$1,825,111,919$121,661,368$52,467,304$1,068,475,180
84$2,011,158,052$127,507,493$54,109,677$1,174,844,545
85$2,216,177,260$133,636,446$55,803,437$1,291,956,776
86$2,442,104,681$140,061,972$57,550,192$1,420,903,080
87$2,691,072,834$146,798,485$59,351,600$1,562,885,766
88$2,965,431,754$153,861,102$61,209,370$1,719,229,565
89$3,267,771,173$161,265,676$63,125,263$1,891,394,108
90$3,600,944,972$169,028,833$65,101,099$2,080,987,680
91$3,968,098,125$177,168,011$67,138,751$2,289,782,365
92$4,372,696,387$185,701,497$69,240,153$2,519,730,748
93$4,818,559,018$194,648,470$71,407,297$2,772,984,311
94$5,309,894,836$204,029,044$73,642,240$3,051,913,712
95$5,851,341,956$213,864,314$75,947,102$3,359,131,122
96$6,448,011,575$224,176,404$78,324,069$3,697,514,853
97$7,105,536,226$234,988,518$80,775,396$4,070,236,486
98$7,830,122,957$246,324,991$83,303,407$4,480,790,771
99$8,628,611,928$258,211,346$85,910,501$4,933,028,575
100$9,508,540,992$270,674,349$88,599,150$5,431,193,189