Can I retire at age 30 with 11,000,000?

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 $11,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$908,370$900,278$892,384$884,679$877,155$847,382
2 years$449,688$441,313$433,196$425,327$417,693$387,996
3 years$296,814$288,403$280,307$272,511$265,002$236,312
4 years$220,392$212,007$203,991$196,329$189,001$161,540
5 years$174,551$166,216$158,306$150,799$143,676$117,515
6 years$144,000$135,728$127,935$120,595$113,686$88,846
7 years$122,187$113,984$106,314$99,148$92,457$68,934
8 years$105,834$97,705$90,163$83,173$76,702$54,479
9 years$93,122$85,070$77,657$70,845$64,594$43,643
10 years$82,958$74,985$67,703$61,069$55,037$35,324
11 years$74,648$66,755$59,605$53,148$47,334$28,820
12 years$67,728$59,915$52,898$46,618$41,019$23,661
13 years$61,877$54,146$47,261$41,157$35,769$19,524
14 years$56,866$49,217$42,464$36,534$31,355$16,175
15 years$52,527$44,961$38,339$32,582$27,607$13,444
16 years$48,734$41,251$34,760$29,174$24,400$11,205
17 years$45,391$37,990$31,630$26,213$21,634$9,359
18 years$42,423$35,105$28,874$23,623$19,236$7,832
19 years$39,770$32,535$26,433$21,345$17,146$6,563
20 years$37,386$30,233$24,259$19,332$15,315$5,507
21 years$35,231$28,161$22,314$17,545$13,705$4,626
22 years$33,275$26,287$20,566$15,953$12,285$3,889
23 years$31,491$24,586$18,989$14,528$11,027$3,272
24 years$29,859$23,035$17,561$13,251$9,912$2,755
25 years$28,360$21,617$16,265$12,101$8,919$2,320
26 years$26,978$20,317$15,085$11,065$8,034$1,955
27 years$25,701$19,121$14,008$10,128$7,243$1,648
28 years$24,517$18,017$13,022$9,279$6,536$1,390
29 years$23,416$16,997$12,118$8,509$5,902$1,172
30 years$22,391$16,052$11,288$7,809$5,332$989
31 years$21,434$15,175$10,523$7,172$4,821$834
32 years$20,539$14,358$9,818$6,592$4,361$704
33 years$19,699$13,597$9,167$6,061$3,947$594
34 years$18,911$12,887$8,565$5,577$3,573$502
35 years$18,169$12,223$8,008$5,134$3,236$423
36 years$17,471$11,602$7,491$4,728$2,932$357
37 years$16,811$11,019$7,012$4,357$2,658$302
38 years$16,188$10,472$6,566$4,016$2,409$255
39 years$15,598$9,958$6,152$3,702$2,185$215
40 years$15,039$9,474$5,766$3,415$1,982$182
41 years$14,508$9,018$5,407$3,151$1,798$153
42 years$14,005$8,589$5,072$2,908$1,632$130
43 years$13,526$8,183$4,759$2,684$1,481$109
44 years$13,070$7,801$4,467$2,478$1,344$92
45 years$12,635$7,439$4,195$2,289$1,220$78
46 years$12,221$7,096$3,940$2,114$1,108$66
47 years$11,825$6,772$3,701$1,953$1,006$56
48 years$11,447$6,465$3,478$1,805$914$47
49 years$11,086$6,173$3,269$1,668$830$40
50 years$10,740$5,897$3,074$1,542$754$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $11,000,000, adding $4,733 every year, while hoping to spend $24,707 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: 74/5/21 Blend
29$11,000,000$11,000,000$11,000,000$11,000,000
30$12,126,882$11,543,882$11,373,382$12,962,714
31$13,337,536$12,083,244$11,728,102$14,057,902
32$14,670,849$12,648,207$12,093,878$15,254,281
33$16,139,305$13,239,999$12,471,052$16,564,750
34$17,756,663$13,859,908$12,859,981$18,000,673
35$19,538,082$14,509,283$13,261,030$19,574,563
36$21,500,269$15,189,540$13,674,577$21,300,201
37$23,661,632$15,902,163$14,101,011$23,192,759
38$26,042,456$16,648,707$14,540,733$25,268,950
39$28,665,096$17,430,803$14,994,157$27,547,177
40$31,554,183$18,250,160$15,461,709$30,047,711
41$34,736,863$19,108,571$15,943,829$32,792,876
42$38,243,047$20,007,915$16,440,971$35,807,263
43$42,105,697$20,950,162$16,953,603$39,117,956
44$46,361,136$21,937,378$17,482,207$42,754,788
45$51,049,390$22,971,728$18,027,279$46,750,622
46$56,214,568$24,055,483$18,589,333$51,141,659
47$61,905,276$25,191,023$19,168,897$55,967,774
48$68,175,076$26,380,844$19,766,517$61,272,896
49$75,082,992$27,627,564$20,382,754$67,105,418
50$82,694,069$28,933,926$21,018,187$73,518,652
51$91,079,982$30,302,808$21,673,415$80,571,329
52$100,319,719$31,737,224$22,349,054$88,328,153
53$110,500,321$33,240,339$23,045,738$96,860,408
54$121,717,706$34,815,468$23,764,122$106,246,631
55$134,077,575$36,466,088$24,504,883$116,573,346
56$147,696,407$38,195,845$25,268,716$127,935,883
57$162,702,561$40,008,563$26,056,339$140,439,274
58$179,237,489$41,908,249$26,868,493$154,199,239
59$197,457,067$43,899,107$27,705,941$169,343,279
60$217,533,068$45,985,543$28,569,470$186,011,873
61$239,654,785$48,172,180$29,459,892$204,359,806
62$264,030,818$50,463,861$30,378,043$224,557,621
63$290,891,041$52,865,670$31,324,787$246,793,231
64$320,488,772$55,382,933$32,301,012$271,273,684
65$353,103,168$58,021,237$33,307,637$298,227,119
66$389,041,854$60,786,442$34,345,606$327,904,912
67$428,643,836$63,684,689$35,415,896$360,584,048
68$472,282,690$66,722,422$36,519,512$396,569,728
69$520,370,098$69,906,395$37,657,489$436,198,249
70$573,359,731$73,243,691$38,830,899$479,840,176
71$631,751,532$76,741,740$40,040,841$527,903,830
72$696,096,432$80,408,329$41,288,454$580,839,141
73$767,001,560$84,251,629$42,574,908$639,141,892
74$845,135,963$88,280,203$43,901,412$703,358,391
75$931,236,934$92,503,036$45,269,212$774,090,626
76$1,026,116,963$96,929,546$46,679,592$852,001,939
77$1,130,671,411$101,569,611$48,133,876$937,823,286
78$1,245,886,964$106,433,592$49,633,430$1,032,360,130
79$1,372,850,946$111,532,349$51,179,662$1,136,500,037
80$1,512,761,585$116,877,277$52,774,023$1,251,221,050
81$1,666,939,324$122,480,321$54,418,011$1,377,600,917
82$1,836,839,289$128,354,010$56,113,167$1,516,827,255
83$2,024,065,023$134,511,483$57,861,085$1,670,208,757
84$2,230,383,627$140,966,518$59,663,403$1,839,187,538
85$2,457,742,444$147,733,564$61,521,815$2,025,352,743
86$2,708,287,441$154,827,776$63,438,063$2,230,455,536
87$2,984,383,468$162,265,046$65,413,946$2,456,425,633
88$3,288,636,588$170,062,039$67,451,319$2,705,389,500
89$3,623,918,675$178,236,234$69,552,093$2,979,690,426
90$3,993,394,531$186,805,960$71,718,239$3,281,910,634
91$4,400,551,763$195,790,442$73,951,790$3,614,895,647
92$4,849,233,709$205,209,840$76,254,842$3,981,781,143
93$5,343,675,722$215,085,297$78,629,553$4,386,022,545
94$5,888,545,155$225,438,987$81,078,154$4,831,427,635
95$6,488,985,428$236,294,164$83,602,939$5,322,192,487
96$7,150,664,582$247,675,219$86,206,278$5,862,941,067
97$7,879,828,793$259,607,728$88,890,612$6,458,768,880
98$8,683,361,341$272,118,517$91,658,458$7,115,291,058
99$9,568,847,594$285,235,720$94,512,412$7,838,695,354
100$10,544,646,621$298,988,844$97,455,151$8,635,800,554