Can I retire at age 30 with 10,900,000?

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 $10,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$900,112$892,094$884,272$876,637$869,181$843,725
2 years$445,600$437,301$429,258$421,460$413,896$388,455
3 years$294,116$285,781$277,758$270,033$262,593$237,965
4 years$218,389$210,079$202,137$194,544$187,283$163,658
5 years$172,964$164,705$156,867$149,428$142,370$119,811
6 years$142,691$134,494$126,772$119,499$112,652$91,180
7 years$121,076$112,948$105,348$98,247$91,616$71,231
8 years$104,872$96,817$89,343$82,417$76,005$56,693
9 years$92,275$84,297$76,951$70,201$64,007$45,750
10 years$82,204$74,303$67,088$60,514$54,537$37,310
11 years$73,969$66,148$59,063$52,665$46,904$30,677
12 years$67,112$59,371$52,417$46,194$40,646$25,387
13 years$61,314$53,654$46,831$40,783$35,444$21,119
14 years$56,349$48,770$42,078$36,202$31,070$17,643
15 years$52,049$44,552$37,991$32,286$27,356$14,790
16 years$48,291$40,876$34,444$28,909$24,178$12,433
17 years$44,978$37,645$31,343$25,974$21,438$10,477
18 years$42,037$34,786$28,612$23,408$19,061$8,846
19 years$39,408$32,239$26,193$21,151$16,990$7,481
20 years$37,046$29,958$24,039$19,156$15,176$6,335
21 years$34,911$27,905$22,111$17,386$13,580$5,371
22 years$32,972$26,048$20,379$15,808$12,173$4,558
23 years$31,205$24,362$18,816$14,396$10,927$3,871
24 years$29,588$22,826$17,402$13,130$9,822$3,290
25 years$28,102$21,421$16,117$11,991$8,838$2,798
26 years$26,733$20,132$14,948$10,964$7,961$2,381
27 years$25,467$18,947$13,881$10,036$7,177$2,026
28 years$24,294$17,853$12,904$9,195$6,476$1,725
29 years$23,203$16,843$12,008$8,432$5,848$1,470
30 years$22,188$15,906$11,185$7,738$5,284$1,252
31 years$21,239$15,037$10,428$7,107$4,777$1,067
32 years$20,352$14,228$9,729$6,532$4,321$909
33 years$19,520$13,474$9,084$6,006$3,911$775
34 years$18,739$12,770$8,488$5,526$3,541$661
35 years$18,004$12,112$7,935$5,087$3,207$564
36 years$17,312$11,496$7,423$4,685$2,906$481
37 years$16,658$10,919$6,948$4,317$2,634$410
38 years$16,041$10,377$6,507$3,979$2,388$350
39 years$15,456$9,867$6,096$3,669$2,165$298
40 years$14,902$9,388$5,714$3,384$1,964$254
41 years$14,376$8,936$5,358$3,122$1,782$217
42 years$13,877$8,511$5,026$2,881$1,617$185
43 years$13,403$8,109$4,716$2,660$1,467$158
44 years$12,951$7,730$4,427$2,456$1,332$135
45 years$12,520$7,371$4,157$2,268$1,209$115
46 years$12,110$7,032$3,904$2,095$1,098$98
47 years$11,718$6,710$3,668$1,936$997$84
48 years$11,343$6,406$3,447$1,789$905$71
49 years$10,985$6,117$3,240$1,653$822$61
50 years$10,642$5,843$3,046$1,528$747$52

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $10,900,000, adding $6,150 every year, while hoping to spend $59,137 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: 26/50/24 Blend
29$10,900,000$10,900,000$10,900,000$10,900,000
30$12,018,144$11,440,444$11,271,494$12,239,358
31$13,181,073$11,938,104$11,586,167$12,915,726
32$14,460,639$12,458,168$11,909,401$13,635,412
33$15,868,677$13,001,670$12,241,418$14,406,385
34$17,418,225$13,569,696$12,582,449$15,233,004
35$19,123,652$14,163,379$12,932,729$16,120,042
36$21,000,789$14,783,909$13,292,500$17,072,717
37$23,067,079$15,432,530$13,662,008$18,096,742
38$25,341,743$16,110,546$14,041,508$19,198,371
39$27,845,961$16,819,323$14,431,258$20,384,451
40$30,603,069$17,560,289$14,831,525$21,662,487
41$33,638,781$18,334,943$15,242,580$23,040,698
42$36,981,434$19,144,852$15,664,703$24,528,095
43$40,662,249$19,991,658$16,098,180$26,134,557
44$44,715,631$20,877,083$16,543,302$27,870,915
45$49,179,493$21,802,927$17,000,370$29,749,052
46$54,095,608$22,771,078$17,469,689$31,782,003
47$59,510,011$23,783,512$17,951,575$33,984,073
48$65,473,428$24,842,299$18,446,349$36,370,961
49$72,041,756$25,949,610$18,954,339$38,959,903
50$79,276,589$27,107,714$19,475,883$41,769,821
51$87,245,802$28,318,993$20,011,326$44,821,498
52$96,024,189$29,585,939$20,561,021$48,137,759
53$105,694,170$30,911,164$21,125,329$51,743,678
54$116,346,568$32,297,404$21,704,620$55,666,805
55$128,081,466$33,747,525$22,299,273$59,937,412
56$141,009,151$35,264,529$22,909,674$64,588,772
57$155,251,156$36,851,563$23,536,220$69,657,453
58$170,941,406$38,511,922$24,179,316$75,183,658
59$188,227,483$40,249,059$24,839,377$81,211,585
60$207,272,017$42,066,594$25,516,826$87,789,835
61$228,254,220$43,968,315$26,212,098$94,971,852
62$251,371,584$45,958,195$26,925,635$102,816,413
63$276,841,734$48,040,395$27,657,893$111,388,170
64$304,904,492$50,219,276$28,409,334$120,758,238
65$335,824,136$52,499,406$29,180,432$131,004,852
66$369,891,895$54,885,574$29,971,673$142,214,086
67$407,428,696$57,382,795$30,783,552$154,480,648
68$448,788,197$59,996,326$31,616,576$167,908,750
69$494,360,124$62,731,677$32,471,262$182,613,075
70$544,573,946$65,594,619$33,348,139$198,719,833
71$599,902,935$68,591,201$34,247,747$216,367,934
72$660,868,627$71,727,763$35,170,640$235,710,270
73$728,045,751$75,010,947$36,117,381$256,915,137
74$802,067,651$78,447,717$37,088,546$280,167,795
75$883,632,263$82,045,366$38,084,724$305,672,191
76$973,508,707$85,811,543$39,106,515$333,652,853
77$1,072,544,546$89,754,259$40,154,535$364,356,980
78$1,181,673,787$93,881,915$41,229,408$398,056,744
79$1,301,925,695$98,203,310$42,331,775$435,051,827
80$1,434,434,515$102,727,672$43,462,289$475,672,213
81$1,580,450,175$107,464,667$44,621,615$520,281,268
82$1,741,350,088$112,424,431$45,810,434$569,279,134
83$1,918,652,153$117,617,584$47,029,440$623,106,462
84$2,114,029,085$123,055,259$48,279,339$682,248,533
85$2,329,324,209$128,749,123$49,560,854$747,239,796
86$2,566,568,856$134,711,408$50,874,720$818,668,868
87$2,828,001,545$140,954,933$52,221,689$897,184,037
88$3,116,089,112$147,493,134$53,602,525$983,499,341
89$3,433,550,001$154,340,097$55,018,009$1,078,401,249
90$3,783,379,923$161,510,584$56,468,935$1,182,756,034
91$4,168,880,145$169,020,072$57,956,113$1,297,517,893
92$4,593,688,646$176,884,782$59,480,370$1,423,737,894
93$5,061,814,470$185,121,718$61,042,544$1,562,573,836
94$5,577,675,570$193,748,707$62,643,493$1,715,301,114
95$6,146,140,517$202,784,432$64,284,089$1,883,324,688
96$6,772,574,463$212,248,483$65,965,219$2,068,192,276
97$7,462,889,791$222,161,391$67,687,787$2,271,608,889
98$8,223,601,934$232,544,683$69,452,712$2,495,452,848
99$9,061,890,882$243,420,924$71,260,930$2,741,793,431
100$9,985,668,973$254,813,770$73,113,391$3,012,910,326