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%12.1%
1 years$891,854$883,910$876,159$868,594$861,207$853,635
2 years$441,512$433,289$425,320$417,593$410,099$402,468
3 years$291,417$283,159$275,210$267,556$260,183$252,731
4 years$216,385$208,152$200,283$192,759$185,565$178,348
5 years$171,377$163,194$155,427$148,057$141,064$134,104
6 years$141,382$133,260$125,608$118,403$111,619$104,925
7 years$119,965$111,911$104,381$97,345$90,776$84,350
8 years$103,910$95,929$88,524$81,661$75,307$69,150
9 years$91,429$83,523$76,245$69,557$63,420$57,529
10 years$81,450$73,622$66,472$59,959$54,037$48,409
11 years$73,291$65,541$58,521$52,182$46,473$41,104
12 years$66,496$58,826$51,936$45,771$40,273$35,157
13 years$60,752$53,162$46,401$40,409$35,119$30,251
14 years$55,832$48,322$41,692$35,870$30,785$26,159
15 years$51,572$44,143$37,642$31,990$27,105$22,714
16 years$47,848$40,501$34,128$28,644$23,956$19,793
17 years$44,566$37,300$31,055$25,736$21,241$17,299
18 years$41,651$34,467$28,349$23,193$18,886$15,157
19 years$39,047$31,943$25,953$20,957$16,834$13,310
20 years$36,706$29,683$23,818$18,981$15,036$11,711
21 years$34,590$27,649$21,908$17,226$13,456$10,320
22 years$32,670$25,809$20,192$15,663$12,061$9,108
23 years$30,919$24,139$18,643$14,264$10,827$8,049
24 years$29,316$22,616$17,242$13,010$9,731$7,120
25 years$27,844$21,224$15,970$11,881$8,757$6,304
26 years$26,487$19,948$14,811$10,864$7,888$5,587
27 years$25,233$18,773$13,753$9,944$7,112$4,955
28 years$24,071$17,690$12,785$9,111$6,417$4,398
29 years$22,991$16,688$11,898$8,355$5,794$3,905
30 years$21,984$15,760$11,082$7,667$5,235$3,469
31 years$21,044$14,899$10,332$7,042$4,733$3,084
32 years$20,165$14,097$9,640$6,472$4,282$2,742
33 years$19,341$13,350$9,001$5,951$3,875$2,439
34 years$18,567$12,653$8,410$5,476$3,508$2,170
35 years$17,839$12,001$7,863$5,041$3,178$1,932
36 years$17,153$11,391$7,355$4,642$2,879$1,720
37 years$16,505$10,819$6,884$4,277$2,609$1,531
38 years$15,893$10,282$6,447$3,942$2,366$1,364
39 years$15,314$9,777$6,040$3,635$2,145$1,215
40 years$14,765$9,302$5,661$3,353$1,946$1,082
41 years$14,245$8,854$5,309$3,093$1,765$964
42 years$13,750$8,433$4,980$2,855$1,602$859
43 years$13,280$8,035$4,673$2,635$1,454$766
44 years$12,832$7,659$4,386$2,433$1,320$683
45 years$12,405$7,303$4,118$2,247$1,198$609
46 years$11,998$6,967$3,868$2,076$1,088$543
47 years$11,610$6,649$3,634$1,918$988$484
48 years$11,239$6,347$3,415$1,772$897$431
49 years$10,884$6,061$3,210$1,638$815$385
50 years$10,545$5,790$3,018$1,514$740$343

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 $2,889 every year, while hoping to spend $46,010 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: 39/45/16 Blend
29$10,800,000$10,800,000$10,800,000$10,800,000
30$11,904,580$11,332,180$11,164,780$12,311,714
31$13,069,893$11,838,503$11,489,846$13,108,794
32$14,352,526$12,368,093$11,824,259$13,965,439
33$15,764,396$12,922,042$12,168,285$14,890,720
34$17,318,637$13,501,495$12,522,195$15,890,864
35$19,029,718$14,107,648$12,886,268$16,972,704
36$20,913,583$14,741,757$13,260,792$18,143,732
37$22,987,802$15,405,136$13,646,062$19,412,167
38$25,271,734$16,099,164$14,042,381$20,787,031
39$27,786,711$16,825,283$14,450,061$22,278,225
40$30,556,239$17,585,005$14,869,422$23,896,618
41$33,606,220$18,379,916$15,300,793$25,654,145
42$36,965,197$19,211,674$15,744,512$27,563,912
43$40,664,620$20,082,019$16,200,926$29,640,315
44$44,739,148$20,992,774$16,670,393$31,899,169
45$49,226,969$21,945,848$17,153,279$34,357,848
46$54,170,167$22,943,243$17,649,962$37,035,448
47$59,615,117$23,987,054$18,160,828$39,952,951
48$65,612,918$25,079,479$18,686,275$43,133,423
49$72,219,882$26,222,820$19,226,712$46,602,220
50$79,498,062$27,419,490$19,782,558$50,387,220
51$87,515,836$28,672,017$20,354,246$54,519,076
52$96,348,556$29,983,050$20,942,218$59,031,495
53$106,079,255$31,355,366$21,546,929$63,961,551
54$116,799,436$32,791,875$22,168,847$69,350,019
55$128,609,927$34,295,626$22,808,452$75,241,754
56$141,621,842$35,869,815$23,466,238$81,686,101
57$155,957,625$37,517,790$24,142,712$88,737,347
58$171,752,203$39,243,062$24,838,393$96,455,225
59$189,154,266$41,049,310$25,553,817$104,905,465
60$208,327,664$42,940,390$26,289,534$114,160,397
61$229,452,959$44,920,342$27,046,106$124,299,624
62$252,729,123$46,993,401$27,824,113$135,410,755
63$278,375,423$49,164,007$28,624,150$147,590,222
64$306,633,485$51,436,812$29,446,828$160,944,167
65$337,769,579$53,816,694$30,292,775$175,589,435
66$372,077,127$56,308,764$31,162,634$191,654,652
67$409,879,480$58,918,379$32,057,068$209,281,426
68$451,532,963$61,651,155$32,976,756$228,625,663
69$497,430,243$64,512,980$33,922,395$249,859,018
70$548,004,034$67,510,022$34,894,702$273,170,493
71$603,731,183$70,648,751$35,894,412$298,768,204
72$665,137,170$73,935,946$36,922,281$326,881,316
73$732,801,068$77,378,714$37,979,084$357,762,186
74$807,361,010$80,984,504$39,065,616$391,688,722
75$889,520,215$84,761,126$40,182,696$428,966,973
76$980,053,623$88,716,767$41,331,162$469,933,997
77$1,079,815,212$92,860,009$42,511,876$514,961,011
78$1,189,746,061$97,199,846$43,725,721$564,456,865
79$1,310,883,232$101,745,712$44,973,606$618,871,869
80$1,444,369,561$106,507,491$46,256,461$678,702,014
81$1,591,464,448$111,495,550$47,575,244$744,493,615
82$1,753,555,742$116,720,752$48,930,935$816,848,434
83$1,932,172,849$122,194,490$50,324,543$896,429,323
84$2,129,001,165$127,928,706$51,757,100$983,966,441
85$2,345,897,990$133,935,919$53,229,669$1,080,264,103
86$2,584,910,060$140,229,254$54,743,339$1,186,208,333
87$2,848,292,872$146,822,473$56,299,226$1,302,775,179
88$3,138,531,973$153,730,002$57,898,478$1,431,039,879
89$3,458,366,429$160,966,967$59,542,271$1,572,186,965
90$3,810,814,681$168,549,225$61,231,814$1,727,521,389
91$4,199,203,044$176,493,402$62,968,345$1,898,480,787
92$4,627,197,105$184,816,930$64,753,136$2,086,648,995
93$5,098,836,335$193,538,084$66,587,491$2,293,770,940
94$5,618,572,217$202,676,026$68,472,748$2,521,769,048
95$6,191,310,278$212,250,847$70,410,280$2,772,761,328
96$6,822,456,398$222,283,610$72,401,496$3,049,081,295
97$7,517,967,846$232,796,402$74,447,841$3,353,299,929
98$8,284,409,519$243,812,378$76,550,796$3,688,249,870
99$9,129,015,924$255,355,819$78,711,882$4,057,052,077
100$10,059,759,477$267,452,183$80,932,659$4,463,145,212