Can I retire at age 30 with 11,100,000?

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 $11,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$916,628$908,463$900,497$892,722$885,130$865,490
2 years$453,776$445,325$437,134$429,193$421,490$401,806
3 years$299,512$291,025$282,855$274,988$267,411$248,296
4 years$222,396$213,934$205,846$198,114$190,720$172,322
5 years$176,138$167,727$159,745$152,170$144,982$127,353
6 years$145,309$136,962$129,098$121,692$114,719$97,878
7 years$123,297$115,020$107,281$100,049$93,298$77,246
8 years$106,796$98,593$90,983$83,929$77,399$62,132
9 years$93,968$85,843$78,363$71,489$65,181$50,688
10 years$83,712$75,667$68,319$61,624$55,538$41,802
11 years$75,327$67,362$60,147$53,631$47,764$34,768
12 years$68,343$60,460$53,379$47,042$41,392$29,115
13 years$62,439$54,638$47,690$41,531$36,094$24,515
14 years$57,383$49,665$42,850$36,867$31,640$20,735
15 years$53,004$45,370$38,688$32,879$27,858$17,602
16 years$49,177$41,626$35,076$29,439$24,621$14,989
17 years$45,804$38,336$31,918$26,451$21,831$12,797
18 years$42,808$35,424$29,137$23,838$19,411$10,949
19 years$40,132$32,831$26,673$21,539$17,302$9,385
20 years$37,725$30,508$24,480$19,508$15,454$8,057
21 years$35,551$28,417$22,517$17,705$13,830$6,926
22 years$33,577$26,526$20,752$16,098$12,396$5,960
23 years$31,778$24,809$19,161$14,660$11,128$5,134
24 years$30,131$23,245$17,721$13,371$10,002$4,426
25 years$28,618$21,814$16,413$12,211$9,000$3,819
26 years$27,223$20,502$15,222$11,165$8,107$3,296
27 years$25,934$19,294$14,135$10,220$7,309$2,847
28 years$24,739$18,181$13,141$9,364$6,595$2,460
29 years$23,629$17,152$12,228$8,587$5,955$2,127
30 years$22,595$16,198$11,390$7,880$5,381$1,839
31 years$21,629$15,312$10,619$7,238$4,865$1,591
32 years$20,726$14,489$9,908$6,652$4,401$1,376
33 years$19,878$13,721$9,251$6,117$3,983$1,191
34 years$19,083$13,004$8,643$5,628$3,606$1,031
35 years$18,335$12,334$8,081$5,181$3,266$892
36 years$17,629$11,707$7,560$4,771$2,959$772
37 years$16,964$11,119$7,076$4,396$2,682$669
38 years$16,335$10,567$6,626$4,052$2,431$579
39 years$15,740$10,048$6,208$3,736$2,205$502
40 years$15,175$9,560$5,819$3,446$2,000$434
41 years$14,640$9,100$5,456$3,179$1,814$376
42 years$14,132$8,667$5,118$2,934$1,646$326
43 years$13,649$8,258$4,802$2,709$1,494$282
44 years$13,188$7,871$4,508$2,501$1,356$245
45 years$12,750$7,506$4,233$2,310$1,231$212
46 years$12,332$7,161$3,976$2,134$1,118$184
47 years$11,933$6,833$3,735$1,971$1,015$159
48 years$11,551$6,523$3,510$1,821$922$138
49 years$11,186$6,229$3,299$1,683$837$119
50 years$10,837$5,951$3,102$1,556$760$103

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $11,100,000, adding $5,870 every year, while hoping to spend $59,598 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: 39/32/29 Blend
29$11,100,000$11,100,000$11,100,000$11,100,000
30$12,238,255$11,649,955$11,477,905$12,610,120
31$13,423,145$12,157,391$11,799,003$13,390,463
32$14,726,897$12,687,694$12,128,860$14,227,795
33$16,161,570$13,241,921$12,467,707$15,132,124
34$17,740,456$13,821,180$12,815,781$16,109,604
35$19,478,195$14,426,631$13,173,322$17,166,991
36$21,390,922$15,059,487$13,540,580$18,311,700
37$23,496,415$15,721,021$13,917,808$19,551,876
38$25,814,263$16,412,564$14,305,268$20,896,462
39$28,366,049$17,135,511$14,703,225$22,355,283
40$31,175,557$17,891,322$15,111,955$23,939,133
41$34,268,994$18,681,528$15,531,736$25,659,873
42$37,675,238$19,507,729$15,962,856$27,530,539
43$41,426,110$20,371,605$16,405,609$29,565,457
44$45,556,672$21,274,913$16,860,296$31,780,378
45$50,105,562$22,219,493$17,327,225$34,192,617
46$55,115,356$23,207,275$17,806,713$36,821,216
47$60,632,968$24,240,277$18,299,084$39,687,111
48$66,710,095$25,320,615$18,804,668$42,813,332
49$73,403,705$26,450,506$19,323,805$46,225,207
50$80,776,573$27,632,270$19,856,842$49,950,600
51$88,897,872$28,868,340$20,404,135$54,020,162
52$97,843,830$30,161,264$20,966,048$58,467,620
53$107,698,444$31,513,709$21,542,954$63,330,082
54$118,554,277$32,928,472$22,135,235$68,648,383
55$130,513,329$34,408,483$22,743,280$74,467,460
56$143,687,999$35,956,809$23,367,491$80,836,771
57$158,202,148$37,576,666$24,008,275$87,810,751
58$174,192,266$39,271,422$24,666,051$95,449,317
59$191,808,762$41,044,606$25,341,249$103,818,424
60$211,217,380$42,899,916$26,034,305$112,990,680
61$232,600,767$44,841,226$26,745,669$123,046,018
62$256,160,195$46,872,596$27,475,798$134,072,440
63$282,117,460$48,998,279$28,225,163$146,166,839
64$310,716,978$51,222,731$28,994,242$159,435,899
65$342,228,088$53,550,623$29,783,528$173,997,094
66$376,947,597$55,986,847$30,593,520$189,979,777
67$415,202,582$58,536,533$31,424,733$207,526,395
68$457,353,474$61,205,052$32,277,691$226,793,816
69$503,797,465$63,998,036$33,152,930$247,954,796
70$554,972,252$66,921,386$34,050,999$271,199,594
71$611,360,172$69,981,284$34,972,457$296,737,752
72$673,492,753$73,184,210$35,917,878$324,800,058
73$741,955,734$76,536,956$36,887,847$355,640,706
74$817,394,590$80,046,639$37,882,961$389,539,677
75$900,520,630$83,720,716$38,903,832$426,805,365
76$992,117,707$87,567,004$39,951,083$467,777,466
77$1,093,049,622$91,593,695$41,025,353$512,830,164
78$1,204,268,272$95,809,376$42,127,292$562,375,645
79$1,326,822,645$100,223,043$43,257,564$616,867,962
80$1,461,868,712$104,844,130$44,416,850$676,807,299
81$1,610,680,347$109,682,519$45,605,842$742,744,668
82$1,774,661,352$114,748,572$46,825,247$815,287,085
83$1,955,358,705$120,053,147$48,075,788$895,103,272
84$2,154,477,168$125,607,627$49,358,201$982,929,944
85$2,373,895,378$131,423,939$50,673,240$1,079,578,733
86$2,615,683,584$137,514,590$52,021,671$1,185,943,818
87$2,882,123,190$143,892,685$53,404,277$1,303,010,335
88$3,175,728,292$150,571,962$54,821,857$1,431,863,644
89$3,499,269,413$157,566,824$56,275,224$1,573,699,541
90$3,855,799,658$164,892,364$57,765,210$1,729,835,505
91$4,248,683,539$172,564,405$59,292,660$1,901,723,101
92$4,681,628,733$180,599,534$60,858,437$2,090,961,643
93$5,158,721,091$189,015,139$62,463,422$2,299,313,248
94$5,684,463,205$197,829,443$64,108,510$2,528,719,428
95$6,263,816,921$207,061,555$65,794,614$2,781,319,372
96$6,902,250,178$216,731,502$67,522,664$3,059,470,095
97$7,605,788,630$226,860,280$69,293,608$3,365,768,635
98$8,381,072,537$237,469,900$71,108,409$3,703,076,521
99$9,235,419,445$248,583,435$72,968,051$4,074,546,729
100$10,176,893,280$260,225,075$74,873,532$4,483,653,394