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%11.9%
1 years$900,112$892,094$884,272$876,637$869,181$862,259
2 years$445,600$437,301$429,258$421,460$413,896$406,918
3 years$294,116$285,781$277,758$270,033$262,593$255,775
4 years$218,389$210,079$202,137$194,544$187,283$180,679
5 years$172,964$164,705$156,867$149,428$142,370$135,998
6 years$142,691$134,494$126,772$119,499$112,652$106,521
7 years$121,076$112,948$105,348$98,247$91,616$85,729
8 years$104,872$96,817$89,343$82,417$76,005$70,360
9 years$92,275$84,297$76,951$70,201$64,007$58,604
10 years$82,204$74,303$67,088$60,514$54,537$49,373
11 years$73,969$66,148$59,063$52,665$46,904$41,975
12 years$67,112$59,371$52,417$46,194$40,646$35,947
13 years$61,314$53,654$46,831$40,783$35,444$30,970
14 years$56,349$48,770$42,078$36,202$31,070$26,816
15 years$52,049$44,552$37,991$32,286$27,356$23,316
16 years$48,291$40,876$34,444$28,909$24,178$20,345
17 years$44,978$37,645$31,343$25,974$21,438$17,806
18 years$42,037$34,786$28,612$23,408$19,061$15,624
19 years$39,408$32,239$26,193$21,151$16,990$13,740
20 years$37,046$29,958$24,039$19,156$15,176$12,107
21 years$34,911$27,905$22,111$17,386$13,580$10,685
22 years$32,972$26,048$20,379$15,808$12,173$9,444
23 years$31,205$24,362$18,816$14,396$10,927$8,358
24 years$29,588$22,826$17,402$13,130$9,822$7,405
25 years$28,102$21,421$16,117$11,991$8,838$6,567
26 years$26,733$20,132$14,948$10,964$7,961$5,829
27 years$25,467$18,947$13,881$10,036$7,177$5,178
28 years$24,294$17,853$12,904$9,195$6,476$4,603
29 years$23,203$16,843$12,008$8,432$5,848$4,094
30 years$22,188$15,906$11,185$7,738$5,284$3,643
31 years$21,239$15,037$10,428$7,107$4,777$3,243
32 years$20,352$14,228$9,729$6,532$4,321$2,889
33 years$19,520$13,474$9,084$6,006$3,911$2,574
34 years$18,739$12,770$8,488$5,526$3,541$2,294
35 years$18,004$12,112$7,935$5,087$3,207$2,045
36 years$17,312$11,496$7,423$4,685$2,906$1,824
37 years$16,658$10,919$6,948$4,317$2,634$1,627
38 years$16,041$10,377$6,507$3,979$2,388$1,451
39 years$15,456$9,867$6,096$3,669$2,165$1,295
40 years$14,902$9,388$5,714$3,384$1,964$1,156
41 years$14,376$8,936$5,358$3,122$1,782$1,032
42 years$13,877$8,511$5,026$2,881$1,617$921
43 years$13,403$8,109$4,716$2,660$1,467$822
44 years$12,951$7,730$4,427$2,456$1,332$734
45 years$12,520$7,371$4,157$2,268$1,209$656
46 years$12,110$7,032$3,904$2,095$1,098$585
47 years$11,718$6,710$3,668$1,936$997$523
48 years$11,343$6,406$3,447$1,789$905$467
49 years$10,985$6,117$3,240$1,653$822$417
50 years$10,642$5,843$3,046$1,528$747$373

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 $2,182 every year, while hoping to spend $26,009 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: 80/14/6 Blend
29$10,900,000$10,900,000$10,900,000$10,900,000
30$12,014,051$11,436,351$11,267,401$12,969,617
31$13,211,811$11,969,059$11,617,185$14,128,193
32$14,530,870$12,526,997$11,977,816$15,395,457
33$15,983,575$13,111,376$12,349,628$16,785,120
34$17,583,527$13,723,462$12,732,969$18,309,385
35$19,345,719$14,364,583$13,128,195$19,981,682
36$21,286,667$15,036,132$13,535,675$21,816,803
37$23,424,574$15,739,569$13,955,786$23,831,031
38$25,779,497$16,476,425$14,388,922$26,042,300
39$28,373,539$17,248,303$14,835,485$28,470,355
40$31,231,057$18,056,887$15,295,890$31,136,942
41$34,378,889$18,903,938$15,770,566$34,066,007
42$37,846,611$19,791,307$16,259,956$37,283,925
43$41,666,814$20,720,930$16,764,513$40,819,739
44$45,875,414$21,694,840$17,284,709$44,705,441
45$50,511,986$22,715,167$17,821,027$48,976,263
46$55,620,143$23,784,145$18,373,966$53,671,014
47$61,247,944$24,904,114$18,944,040$58,832,438
48$67,448,349$26,077,530$19,531,780$64,507,618
49$74,279,718$27,306,967$20,137,732$70,748,417
50$81,806,363$28,595,122$20,762,460$77,611,963
51$90,099,155$29,944,826$21,406,545$85,161,187
52$99,236,191$31,359,044$22,070,586$93,465,414
53$109,303,532$32,840,887$22,755,201$102,601,010
54$120,396,017$34,393,616$23,461,025$112,652,103
55$132,618,157$36,020,650$24,188,716$123,711,373
56$146,085,121$37,725,573$24,938,949$135,880,921
57$160,923,822$39,512,144$25,712,422$149,273,229
58$177,274,117$41,384,305$26,509,854$164,012,221
59$195,290,130$43,346,189$27,331,987$180,234,422
60$215,141,698$45,402,127$28,179,583$198,090,247
61$237,015,983$47,556,663$29,053,431$217,745,413
62$261,119,235$49,814,561$29,954,343$239,382,501
63$287,678,738$52,180,816$30,883,155$263,202,669
64$316,944,960$54,660,666$31,840,731$289,427,553
65$349,193,910$57,259,603$32,827,960$318,301,345
66$384,729,751$59,983,386$33,845,758$350,093,097
67$423,887,666$62,838,053$34,895,072$385,099,253
68$467,037,027$65,829,936$35,976,876$423,646,441
69$514,584,876$68,965,675$37,092,173$466,094,547
70$566,979,773$72,252,233$38,242,001$512,840,110
71$624,716,028$75,696,910$39,427,426$564,320,049
72$688,338,366$79,307,362$40,649,548$621,015,791
73$758,447,075$83,091,618$41,909,503$683,457,795
74$835,703,664$87,058,095$43,208,459$752,230,559
75$920,837,118$91,215,622$44,547,623$827,978,127
76$1,014,650,772$95,573,456$45,928,236$911,410,157
77$1,118,029,899$100,141,303$47,351,580$1,003,308,609
78$1,231,950,067$104,929,345$48,818,976$1,104,535,123
79$1,357,486,347$109,948,256$50,331,785$1,216,039,133
80$1,495,823,465$115,209,231$51,891,410$1,338,866,824
81$1,648,266,984$120,724,010$53,499,299$1,474,170,997
82$1,816,255,633$126,504,902$55,156,941$1,623,221,934
83$2,001,374,884$132,564,819$56,865,876$1,787,419,380
84$2,205,371,926$138,917,299$58,627,686$1,968,305,743
85$2,430,172,156$145,576,540$60,444,007$2,167,580,639
86$2,677,897,356$152,557,431$62,316,522$2,387,116,925
87$2,950,885,728$159,875,586$64,246,966$2,628,978,359
88$3,251,713,962$167,547,380$66,237,130$2,895,439,068
89$3,583,221,571$175,589,986$68,288,858$3,189,005,002
90$3,948,537,688$184,021,412$70,404,052$3,512,437,570
91$4,351,110,615$192,860,545$72,584,671$3,868,779,690
92$4,794,740,377$202,127,191$74,832,736$4,261,384,497
93$5,283,614,594$211,842,122$77,150,331$4,693,946,978
94$5,822,348,018$222,027,121$79,539,603$5,170,538,832
95$6,416,026,100$232,705,034$82,002,764$5,695,646,885
96$7,070,253,002$243,899,821$84,542,096$6,274,215,426
97$7,791,204,504$255,636,607$87,159,952$6,911,692,860
98$8,585,686,308$267,941,746$89,858,755$7,614,083,114
99$9,461,198,293$280,842,873$92,641,005$8,388,002,297
100$10,426,005,318$294,368,973$95,509,278$9,240,741,125