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%15.9%
1 years$900,112$892,094$884,272$876,637$869,181$848,169
2 years$445,600$437,301$429,258$421,460$413,896$392,853
3 years$294,116$285,781$277,758$270,033$262,593$242,176
4 years$218,389$210,079$202,137$194,544$187,283$167,651
5 years$172,964$164,705$156,867$149,428$142,370$123,576
6 years$142,691$134,494$126,772$119,499$112,652$94,716
7 years$121,076$112,948$105,348$98,247$91,616$74,540
8 years$104,872$96,817$89,343$82,417$76,005$59,781
9 years$92,275$84,297$76,951$70,201$64,007$48,623
10 years$82,204$74,303$67,088$60,514$54,537$39,975
11 years$73,969$66,148$59,063$52,665$46,904$33,143
12 years$67,112$59,371$52,417$46,194$40,646$27,664
13 years$61,314$53,654$46,831$40,783$35,444$23,215
14 years$56,349$48,770$42,078$36,202$31,070$19,568
15 years$52,049$44,552$37,991$32,286$27,356$16,554
16 years$48,291$40,876$34,444$28,909$24,178$14,047
17 years$44,978$37,645$31,343$25,974$21,438$11,949
18 years$42,037$34,786$28,612$23,408$19,061$10,186
19 years$39,408$32,239$26,193$21,151$16,990$8,698
20 years$37,046$29,958$24,039$19,156$15,176$7,439
21 years$34,911$27,905$22,111$17,386$13,580$6,370
22 years$32,972$26,048$20,379$15,808$12,173$5,461
23 years$31,205$24,362$18,816$14,396$10,927$4,686
24 years$29,588$22,826$17,402$13,130$9,822$4,024
25 years$28,102$21,421$16,117$11,991$8,838$3,458
26 years$26,733$20,132$14,948$10,964$7,961$2,973
27 years$25,467$18,947$13,881$10,036$7,177$2,557
28 years$24,294$17,853$12,904$9,195$6,476$2,201
29 years$23,203$16,843$12,008$8,432$5,848$1,895
30 years$22,188$15,906$11,185$7,738$5,284$1,632
31 years$21,239$15,037$10,428$7,107$4,777$1,405
32 years$20,352$14,228$9,729$6,532$4,321$1,211
33 years$19,520$13,474$9,084$6,006$3,911$1,043
34 years$18,739$12,770$8,488$5,526$3,541$899
35 years$18,004$12,112$7,935$5,087$3,207$775
36 years$17,312$11,496$7,423$4,685$2,906$668
37 years$16,658$10,919$6,948$4,317$2,634$576
38 years$16,041$10,377$6,507$3,979$2,388$497
39 years$15,456$9,867$6,096$3,669$2,165$429
40 years$14,902$9,388$5,714$3,384$1,964$370
41 years$14,376$8,936$5,358$3,122$1,782$319
42 years$13,877$8,511$5,026$2,881$1,617$275
43 years$13,403$8,109$4,716$2,660$1,467$237
44 years$12,951$7,730$4,427$2,456$1,332$205
45 years$12,520$7,371$4,157$2,268$1,209$176
46 years$12,110$7,032$3,904$2,095$1,098$152
47 years$11,718$6,710$3,668$1,936$997$131
48 years$11,343$6,406$3,447$1,789$905$113
49 years$10,985$6,117$3,240$1,653$822$98
50 years$10,642$5,843$3,046$1,528$747$84

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 $4,288 every year, while hoping to spend $36,477 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: 45/44/11 Blend
29$10,900,000$10,900,000$10,900,000$10,900,000
30$12,016,223$11,438,523$11,269,573$12,519,276
31$13,203,067$11,960,199$11,608,293$13,390,200
32$14,509,746$12,506,215$11,957,137$14,329,947
33$15,948,445$13,077,725$12,316,406$15,348,117
34$17,532,590$13,675,938$12,686,410$16,451,963
35$19,276,977$14,302,122$13,067,467$17,649,441
36$21,197,908$14,957,604$13,459,906$18,949,288
37$23,313,345$15,643,778$13,864,063$20,361,092
38$25,643,085$16,362,101$14,280,288$21,895,382
39$28,208,939$17,114,103$14,708,937$23,563,722
40$31,034,943$17,901,387$15,150,379$25,378,813
41$34,147,583$18,725,631$15,604,993$27,354,608
42$37,576,046$19,588,596$16,073,169$29,506,436
43$41,352,492$20,492,127$16,555,310$31,851,144
44$45,512,362$21,438,157$17,051,829$34,407,246
45$50,094,710$22,428,713$17,563,151$37,195,093
46$55,142,569$23,465,919$18,089,716$40,237,056
47$60,703,363$24,552,001$18,631,974$43,557,731
48$66,829,350$25,689,294$19,190,389$47,184,163
49$73,578,117$26,880,242$19,765,440$51,146,092
50$81,013,121$28,127,410$20,357,618$55,476,227
51$89,204,292$29,433,485$20,967,431$60,210,544
52$98,228,689$30,801,285$21,595,399$65,388,617
53$108,171,229$32,233,762$22,242,059$71,053,979
54$119,125,490$33,734,012$22,907,963$77,254,528
55$131,194,590$35,305,279$23,593,681$84,042,962
56$144,492,166$36,950,965$24,299,796$91,477,270
57$159,143,439$38,674,635$25,026,912$99,621,265
58$175,286,404$40,480,026$25,775,647$108,545,172
59$193,073,127$42,371,057$26,546,641$118,326,284
60$212,671,182$44,351,835$27,340,550$129,049,670
61$234,265,234$46,426,666$28,158,049$140,808,971
62$258,058,779$48,600,064$28,999,835$153,707,262
63$284,276,068$50,876,761$29,866,623$167,858,016
64$313,164,222$53,261,718$30,759,151$183,386,154
65$344,995,566$55,760,135$31,678,175$200,429,209
66$380,070,198$58,377,466$32,624,478$219,138,604
67$418,718,822$61,119,425$33,598,862$239,681,066
68$461,305,872$63,992,007$34,602,155$262,240,178
69$508,232,950$67,001,495$35,635,205$287,018,091
70$559,942,617$70,154,474$36,698,891$314,237,411
71$616,922,571$73,457,851$37,794,111$344,143,279
72$679,710,254$76,918,866$38,921,795$377,005,659
73$748,897,921$80,545,111$40,082,896$413,121,863
74$825,138,232$84,344,545$41,278,396$452,819,330
75$909,150,416$88,325,512$42,509,306$496,458,693
76$1,001,727,057$92,496,760$43,776,666$544,437,151
77$1,103,741,579$96,867,464$45,081,547$597,192,191
78$1,216,156,491$101,447,241$46,425,050$655,205,686
79$1,340,032,472$106,246,174$47,808,308$719,008,410
80$1,476,538,385$111,274,838$49,232,488$789,185,016
81$1,626,962,314$116,544,319$50,698,790$866,379,518
82$1,792,723,720$122,066,240$52,208,448$951,301,332
83$1,975,386,843$127,852,789$53,762,735$1,044,731,937
84$2,176,675,471$133,916,747$55,362,958$1,147,532,206
85$2,398,489,214$140,271,512$57,010,461$1,260,650,493
86$2,642,921,433$146,931,135$58,706,631$1,385,131,539
87$2,912,279,008$153,910,349$60,452,892$1,522,126,289
88$3,209,104,112$161,224,602$62,250,709$1,672,902,703
89$3,536,198,215$168,890,091$64,101,591$1,838,857,679
90$3,896,648,530$176,923,802$66,007,091$2,021,530,182
91$4,293,857,156$185,343,545$67,968,805$2,222,615,716
92$4,731,573,202$194,167,995$69,988,376$2,443,982,271
93$5,213,928,178$203,416,735$72,067,496$2,687,687,893
94$5,745,474,998$213,110,301$74,207,903$2,956,000,051
95$6,331,230,967$223,270,226$76,411,387$3,251,416,968
96$6,976,725,147$233,919,088$78,679,790$3,576,691,137
97$7,688,050,555$245,080,566$81,015,006$3,934,855,231
98$8,471,921,687$256,779,490$83,418,984$4,329,250,650
99$9,335,737,909$269,041,894$85,893,730$4,763,558,986
100$10,287,653,312$281,895,083$88,441,306$5,241,836,690