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

Use the below retirement simulation to view the chances of a successful retirement.
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%13.7%
1 years$891,854$883,910$876,159$868,594$861,207$847,987
2 years$441,512$433,289$425,320$417,593$410,099$396,812
3 years$291,417$283,159$275,210$267,556$260,183$247,243
4 years$216,385$208,152$200,283$192,759$185,565$173,071
5 years$171,377$163,194$155,427$148,057$141,064$129,052
6 years$141,382$133,260$125,608$118,403$111,619$100,103
7 years$119,965$111,911$104,381$97,345$90,776$79,761
8 years$103,910$95,929$88,524$81,661$75,307$64,790
9 years$91,429$83,523$76,245$69,557$63,420$53,395
10 years$81,450$73,622$66,472$59,959$54,037$44,497
11 years$73,291$65,541$58,521$52,182$46,473$37,409
12 years$66,496$58,826$51,936$45,771$40,273$31,673
13 years$60,752$53,162$46,401$40,409$35,119$26,971
14 years$55,832$48,322$41,692$35,870$30,785$23,075
15 years$51,572$44,143$37,642$31,990$27,105$19,821
16 years$47,848$40,501$34,128$28,644$23,956$17,081
17 years$44,566$37,300$31,055$25,736$21,241$14,761
18 years$41,651$34,467$28,349$23,193$18,886$12,787
19 years$39,047$31,943$25,953$20,957$16,834$11,099
20 years$36,706$29,683$23,818$18,981$15,036$9,651
21 years$34,590$27,649$21,908$17,226$13,456$8,404
22 years$32,670$25,809$20,192$15,663$12,061$7,327
23 years$30,919$24,139$18,643$14,264$10,827$6,396
24 years$29,316$22,616$17,242$13,010$9,731$5,588
25 years$27,844$21,224$15,970$11,881$8,757$4,886
26 years$26,487$19,948$14,811$10,864$7,888$4,276
27 years$25,233$18,773$13,753$9,944$7,112$3,744
28 years$24,071$17,690$12,785$9,111$6,417$3,280
29 years$22,991$16,688$11,898$8,355$5,794$2,875
30 years$21,984$15,760$11,082$7,667$5,235$2,521
31 years$21,044$14,899$10,332$7,042$4,733$2,212
32 years$20,165$14,097$9,640$6,472$4,282$1,941
33 years$19,341$13,350$9,001$5,951$3,875$1,703
34 years$18,567$12,653$8,410$5,476$3,508$1,496
35 years$17,839$12,001$7,863$5,041$3,178$1,313
36 years$17,153$11,391$7,355$4,642$2,879$1,154
37 years$16,505$10,819$6,884$4,277$2,609$1,013
38 years$15,893$10,282$6,447$3,942$2,366$890
39 years$15,314$9,777$6,040$3,635$2,145$782
40 years$14,765$9,302$5,661$3,353$1,946$687
41 years$14,245$8,854$5,309$3,093$1,765$604
42 years$13,750$8,433$4,980$2,855$1,602$531
43 years$13,280$8,035$4,673$2,635$1,454$467
44 years$12,832$7,659$4,386$2,433$1,320$410
45 years$12,405$7,303$4,118$2,247$1,198$361
46 years$11,998$6,967$3,868$2,076$1,088$317
47 years$11,610$6,649$3,634$1,918$988$279
48 years$11,239$6,347$3,415$1,772$897$245
49 years$10,884$6,061$3,210$1,638$815$216
50 years$10,545$5,790$3,018$1,514$740$190

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 $2,171 every year, while hoping to spend $38,130 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: 41/43/16 Blend
29$10,800,000$10,800,000$10,800,000$10,800,000
30$11,903,839$11,331,439$11,164,039$12,335,598
31$13,077,461$11,846,110$11,497,465$13,156,073
32$14,369,514$12,384,721$11,840,782$14,039,658
33$15,792,038$12,948,406$12,194,282$14,995,189
34$17,358,300$13,538,352$12,558,264$16,029,245
35$19,082,918$14,155,803$12,933,038$17,149,044
36$20,982,001$14,802,062$13,318,919$18,362,504
37$23,073,297$15,478,496$13,716,235$19,678,314
38$25,376,367$16,186,535$14,125,322$21,106,014
39$27,912,761$16,927,681$14,546,526$22,656,075
40$30,706,231$17,703,505$14,980,202$24,339,996
41$33,782,944$18,515,654$15,426,717$26,170,404
42$37,171,740$19,365,857$15,886,447$28,161,170
43$40,904,395$20,255,922$16,359,781$30,327,533
44$45,015,927$21,187,745$16,847,117$32,686,236
45$49,544,923$22,163,316$17,348,867$35,255,677
46$54,533,903$23,184,717$17,865,452$38,056,079
47$60,029,725$24,254,131$18,397,308$41,109,668
48$66,084,021$25,373,848$18,944,883$44,440,881
49$72,753,690$26,546,266$19,508,635$48,076,584
50$80,101,433$27,773,899$20,089,040$52,046,317
51$88,196,341$29,059,382$20,686,585$56,382,568
52$97,114,553$30,405,477$21,301,772$61,121,068
53$106,939,972$31,815,080$21,935,116$66,301,115
54$117,765,056$33,291,225$22,587,148$71,965,942
55$129,691,690$34,837,094$23,258,416$78,163,107
56$142,832,150$36,456,019$23,949,481$84,944,937
57$157,310,163$38,151,498$24,660,922$92,369,005
58$173,262,070$39,927,192$25,393,333$100,498,666
59$190,838,120$41,786,943$26,147,329$109,403,636
60$210,203,881$43,734,776$26,923,537$119,160,645
61$231,541,808$45,774,911$27,722,607$129,854,140
62$255,052,964$47,911,773$28,545,206$141,577,071
63$280,958,915$50,149,999$29,392,019$154,431,751
64$309,503,825$52,494,450$30,263,752$168,530,809
65$340,956,760$54,950,223$31,161,133$183,998,233
66$375,614,226$57,522,660$32,084,907$200,970,524
67$413,802,969$60,217,363$33,035,844$219,597,967
68$455,883,062$63,040,203$34,014,734$240,046,029
69$502,251,297$65,997,336$35,022,391$262,496,900
70$553,344,940$69,095,216$36,059,652$287,151,195
71$609,645,851$72,340,609$37,127,377$314,229,823
72$671,685,036$75,740,607$38,226,452$343,976,050
73$740,047,660$79,302,647$39,357,789$376,657,769
74$815,378,571$83,034,526$40,522,324$412,570,008
75$898,388,384$86,944,417$41,721,021$452,037,684
76$989,860,197$91,040,891$42,954,873$495,418,646
77$1,090,656,975$95,332,932$44,224,899$543,107,021
78$1,201,729,701$99,829,961$45,532,148$595,536,905
79$1,324,126,356$104,541,855$46,877,701$653,186,431
80$1,459,001,807$109,478,968$48,262,666$716,582,245
81$1,607,628,713$114,652,158$49,688,187$786,304,447
82$1,771,409,537$120,072,810$51,155,437$862,992,029
83$1,951,889,791$125,752,859$52,665,625$947,348,865
84$2,150,772,620$131,704,819$54,219,993$1,040,150,323
85$2,369,934,884$137,941,812$55,819,820$1,142,250,537
86$2,611,444,878$144,477,597$57,466,420$1,254,590,426
87$2,877,581,856$151,326,599$59,161,145$1,378,206,535
88$3,170,857,548$158,503,945$60,905,386$1,514,240,766
89$3,494,039,874$166,025,495$62,700,573$1,663,951,113
90$3,850,179,075$173,907,878$64,548,176$1,828,723,481
91$4,242,636,510$182,168,533$66,449,709$2,010,084,714
92$4,675,116,387$190,825,744$68,406,727$2,209,716,953
93$5,151,700,736$199,898,683$70,420,831$2,429,473,455
94$5,676,887,947$209,407,455$72,493,664$2,671,396,023
95$6,255,635,236$219,373,139$74,626,921$2,937,734,214
96$6,893,405,447$229,817,840$76,822,340$3,230,966,512
97$7,596,218,626$240,764,737$79,081,711$3,553,823,643
98$8,370,708,852$252,238,135$81,406,874$3,909,314,288
99$9,224,186,873$264,263,522$83,799,723$4,300,753,396
100$10,164,709,122$276,867,622$86,262,201$4,731,793,405