Can I retire at age 30 with 10,800,000?

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 $10,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$891,854$883,910$876,159$868,594$861,207$853,279
2 years$441,512$433,289$425,320$417,593$410,099$402,111
3 years$291,417$283,159$275,210$267,556$260,183$252,383
4 years$216,385$208,152$200,283$192,759$185,565$178,013
5 years$171,377$163,194$155,427$148,057$141,064$133,782
6 years$141,382$133,260$125,608$118,403$111,619$104,616
7 years$119,965$111,911$104,381$97,345$90,776$84,056
8 years$103,910$95,929$88,524$81,661$75,307$68,869
9 years$91,429$83,523$76,245$69,557$63,420$57,262
10 years$81,450$73,622$66,472$59,959$54,037$48,155
11 years$73,291$65,541$58,521$52,182$46,473$40,864
12 years$66,496$58,826$51,936$45,771$40,273$34,930
13 years$60,752$53,162$46,401$40,409$35,119$30,036
14 years$55,832$48,322$41,692$35,870$30,785$25,955
15 years$51,572$44,143$37,642$31,990$27,105$22,523
16 years$47,848$40,501$34,128$28,644$23,956$19,612
17 years$44,566$37,300$31,055$25,736$21,241$17,129
18 years$41,651$34,467$28,349$23,193$18,886$14,998
19 years$39,047$31,943$25,953$20,957$16,834$13,161
20 years$36,706$29,683$23,818$18,981$15,036$11,571
21 years$34,590$27,649$21,908$17,226$13,456$10,190
22 years$32,670$25,809$20,192$15,663$12,061$8,986
23 years$30,919$24,139$18,643$14,264$10,827$7,934
24 years$29,316$22,616$17,242$13,010$9,731$7,014
25 years$27,844$21,224$15,970$11,881$8,757$6,205
26 years$26,487$19,948$14,811$10,864$7,888$5,495
27 years$25,233$18,773$13,753$9,944$7,112$4,870
28 years$24,071$17,690$12,785$9,111$6,417$4,318
29 years$22,991$16,688$11,898$8,355$5,794$3,831
30 years$21,984$15,760$11,082$7,667$5,235$3,401
31 years$21,044$14,899$10,332$7,042$4,733$3,021
32 years$20,165$14,097$9,640$6,472$4,282$2,684
33 years$19,341$13,350$9,001$5,951$3,875$2,385
34 years$18,567$12,653$8,410$5,476$3,508$2,121
35 years$17,839$12,001$7,863$5,041$3,178$1,886
36 years$17,153$11,391$7,355$4,642$2,879$1,677
37 years$16,505$10,819$6,884$4,277$2,609$1,492
38 years$15,893$10,282$6,447$3,942$2,366$1,328
39 years$15,314$9,777$6,040$3,635$2,145$1,182
40 years$14,765$9,302$5,661$3,353$1,946$1,052
41 years$14,245$8,854$5,309$3,093$1,765$937
42 years$13,750$8,433$4,980$2,855$1,602$834
43 years$13,280$8,035$4,673$2,635$1,454$743
44 years$12,832$7,659$4,386$2,433$1,320$661
45 years$12,405$7,303$4,118$2,247$1,198$589
46 years$11,998$6,967$3,868$2,076$1,088$525
47 years$11,610$6,649$3,634$1,918$988$467
48 years$11,239$6,347$3,415$1,772$897$416
49 years$10,884$6,061$3,210$1,638$815$371
50 years$10,545$5,790$3,018$1,514$740$331

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $10,800,000, adding $3,945 every year, while hoping to spend $37,986 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: 61/34/5 Blend
29$10,800,000$10,800,000$10,800,000$10,800,000
30$11,905,669$11,333,269$11,165,869$12,622,021
31$13,079,631$11,848,183$11,499,509$13,615,655
32$14,372,063$12,387,054$11,843,053$14,694,503
33$15,795,010$12,951,016$12,196,792$15,870,565
34$17,361,744$13,541,258$12,561,027$17,153,201
35$19,086,886$14,159,025$12,936,066$18,552,702
36$20,986,553$14,805,621$13,322,228$20,080,381
37$23,078,498$15,482,413$13,719,839$21,748,680
38$25,382,288$16,190,835$14,129,237$23,571,278
39$27,919,483$16,932,387$14,550,769$25,563,224
40$30,713,841$17,708,644$14,984,789$27,741,066
41$33,791,539$18,521,255$15,431,667$30,123,010
42$37,181,427$19,371,947$15,891,778$32,729,085
43$40,915,293$20,262,533$16,365,513$35,581,325
44$45,028,166$21,194,910$16,853,271$38,703,975
45$49,558,646$22,171,068$17,355,463$42,123,716
46$54,549,271$23,193,093$17,872,513$45,869,906
47$60,046,911$24,263,169$18,404,858$49,974,855
48$66,103,220$25,383,589$18,952,944$54,474,127
49$72,775,115$26,556,751$19,517,235$59,406,862
50$80,125,319$27,785,174$20,098,204$64,816,146
51$88,222,949$29,071,495$20,696,341$70,749,407
52$97,144,169$30,418,477$21,312,148$77,258,857
53$106,972,912$31,829,021$21,946,143$84,401,978
54$117,801,668$33,306,161$22,598,857$92,242,053
55$129,732,359$34,853,084$23,270,840$100,848,761
56$142,877,300$36,473,126$23,962,654$110,298,823
57$157,360,261$38,169,786$24,674,879$120,676,717
58$173,317,632$39,946,730$25,408,112$132,075,466
59$190,899,715$41,807,803$26,162,968$144,597,507
60$210,272,135$43,757,035$26,940,077$158,355,650
61$231,617,413$45,798,650$27,740,089$173,474,128
62$255,136,681$47,937,076$28,563,674$190,089,760
63$281,051,584$50,176,954$29,411,519$208,353,232
64$309,606,373$52,523,153$30,284,333$228,430,507
65$341,070,208$54,980,772$31,182,842$250,504,376
66$375,739,699$57,555,159$32,107,798$274,776,174
67$413,941,709$60,251,923$33,059,969$301,467,664
68$456,036,435$63,076,939$34,040,150$330,823,115
69$502,420,813$66,036,370$35,049,157$363,111,596
70$553,532,260$69,136,676$36,087,827$398,629,495
71$609,852,807$72,384,630$37,157,026$437,703,303
72$671,913,648$75,787,332$38,257,641$480,692,678
73$740,300,154$79,352,225$39,390,586$527,993,820
74$815,657,401$83,087,115$40,556,801$580,043,196
75$898,696,255$87,000,183$41,757,254$637,321,631
76$990,200,089$91,100,008$42,992,938$700,358,838
77$1,091,032,174$95,395,584$44,264,877$769,738,383
78$1,202,143,829$99,896,341$45,574,124$846,103,183
79$1,324,583,404$104,612,166$46,921,761$930,161,540
80$1,459,506,174$109,553,425$48,308,903$1,022,693,809
81$1,608,185,247$114,730,986$49,736,695$1,124,559,734
82$1,772,023,583$120,156,245$51,206,315$1,236,706,540
83$1,952,567,238$125,841,151$52,718,976$1,360,177,839
84$2,151,519,959$131,798,230$54,275,925$1,496,123,459
85$2,370,759,270$138,040,618$55,878,443$1,645,810,260
86$2,612,354,195$144,582,088$57,527,850$1,810,634,061
87$2,878,584,793$151,437,081$59,225,504$1,992,132,786
88$3,171,963,682$158,620,738$60,972,798$2,192,000,940
89$3,495,259,760$166,148,936$62,771,169$2,412,105,568
90$3,851,524,344$174,038,323$64,622,092$2,654,503,842
91$4,244,119,982$182,306,355$66,527,086$2,921,462,438
92$4,676,752,189$190,971,335$68,487,713$3,215,478,886
93$5,153,504,438$200,052,456$70,505,577$3,539,305,109
94$5,678,876,707$209,569,844$72,582,331$3,895,973,346
95$6,257,827,965$219,544,600$74,719,673$4,288,824,727
96$6,895,822,985$229,998,853$76,919,349$4,721,540,768
97$7,598,883,939$240,955,806$79,183,157$5,198,178,062
98$8,373,647,251$252,439,790$81,512,942$5,723,206,519
99$9,227,426,251$264,476,321$83,910,606$6,301,551,506
100$10,168,280,219$277,092,150$86,378,102$6,938,640,275