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%13.2%
1 years$916,628$908,463$900,497$892,722$885,130$873,345
2 years$453,776$445,325$437,134$429,193$421,490$409,637
3 years$299,512$291,025$282,855$274,988$267,411$255,856
4 years$222,396$213,934$205,846$198,114$190,720$179,553
5 years$176,138$167,727$159,745$152,170$144,982$134,236
6 years$145,309$136,962$129,098$121,692$114,719$104,407
7 years$123,297$115,020$107,281$100,049$93,298$83,422
8 years$106,796$98,593$90,983$83,929$77,399$67,960
9 years$93,968$85,843$78,363$71,489$65,181$56,174
10 years$83,712$75,667$68,319$61,624$55,538$46,955
11 years$75,327$67,362$60,147$53,631$47,764$39,599
12 years$68,343$60,460$53,379$47,042$41,392$33,634
13 years$62,439$54,638$47,690$41,531$36,094$28,735
14 years$57,383$49,665$42,850$36,867$31,640$24,667
15 years$53,004$45,370$38,688$32,879$27,858$21,260
16 years$49,177$41,626$35,076$29,439$24,621$18,386
17 years$45,804$38,336$31,918$26,451$21,831$15,945
18 years$42,808$35,424$29,137$23,838$19,411$13,862
19 years$40,132$32,831$26,673$21,539$17,302$12,077
20 years$37,725$30,508$24,480$19,508$15,454$10,540
21 years$35,551$28,417$22,517$17,705$13,830$9,212
22 years$33,577$26,526$20,752$16,098$12,396$8,063
23 years$31,778$24,809$19,161$14,660$11,128$7,065
24 years$30,131$23,245$17,721$13,371$10,002$6,197
25 years$28,618$21,814$16,413$12,211$9,000$5,440
26 years$27,223$20,502$15,222$11,165$8,107$4,780
27 years$25,934$19,294$14,135$10,220$7,309$4,202
28 years$24,739$18,181$13,141$9,364$6,595$3,696
29 years$23,629$17,152$12,228$8,587$5,955$3,253
30 years$22,595$16,198$11,390$7,880$5,381$2,864
31 years$21,629$15,312$10,619$7,238$4,865$2,523
32 years$20,726$14,489$9,908$6,652$4,401$2,223
33 years$19,878$13,721$9,251$6,117$3,983$1,960
34 years$19,083$13,004$8,643$5,628$3,606$1,728
35 years$18,335$12,334$8,081$5,181$3,266$1,523
36 years$17,629$11,707$7,560$4,771$2,959$1,344
37 years$16,964$11,119$7,076$4,396$2,682$1,185
38 years$16,335$10,567$6,626$4,052$2,431$1,046
39 years$15,740$10,048$6,208$3,736$2,205$923
40 years$15,175$9,560$5,819$3,446$2,000$815
41 years$14,640$9,100$5,456$3,179$1,814$719
42 years$14,132$8,667$5,118$2,934$1,646$635
43 years$13,649$8,258$4,802$2,709$1,494$560
44 years$13,188$7,871$4,508$2,501$1,356$495
45 years$12,750$7,506$4,233$2,310$1,231$437
46 years$12,332$7,161$3,976$2,134$1,118$386
47 years$11,933$6,833$3,735$1,971$1,015$341
48 years$11,551$6,523$3,510$1,821$922$301
49 years$11,186$6,229$3,299$1,683$837$266
50 years$10,837$5,951$3,102$1,556$760$235

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 $6,234 every year, while hoping to spend $36,763 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: 34/41/25 Blend
29$11,100,000$11,100,000$11,100,000$11,100,000
30$12,238,630$11,650,330$11,478,280$12,561,555
31$13,447,855$12,182,081$11,823,687$13,335,449
32$14,779,189$12,738,655$12,179,433$14,165,643
33$16,245,047$13,321,231$12,545,825$15,060,178
34$17,859,112$13,931,041$12,923,181$16,024,792
35$19,636,460$14,569,381$13,311,826$17,065,773
36$21,593,702$15,237,603$13,712,095$18,190,016
37$23,749,144$15,937,130$14,124,335$19,405,080
38$26,122,957$16,669,450$14,548,900$20,719,254
39$28,737,368$17,436,122$14,986,158$22,141,633
40$31,616,870$18,238,783$15,436,484$23,682,194
41$34,788,452$19,079,144$15,900,268$25,351,886
42$38,281,855$19,959,004$16,377,908$27,162,730
43$42,129,853$20,880,243$16,869,816$29,127,919
44$46,368,558$21,844,835$17,376,415$31,261,944
45$51,037,767$22,854,849$17,898,141$33,580,718
46$56,181,334$23,912,451$18,435,444$36,101,719
47$61,847,583$25,019,913$18,988,783$38,844,150
48$68,089,765$26,179,617$19,558,636$41,829,112
49$74,966,562$27,394,060$20,145,491$45,079,790
50$82,542,639$28,665,856$20,749,853$48,621,670
51$90,889,254$29,997,750$21,372,240$52,482,763
52$100,084,934$31,392,615$22,013,185$56,693,867
53$110,216,209$32,853,465$22,673,239$61,288,841
54$121,378,437$34,383,460$23,352,967$66,304,918
55$133,676,697$35,985,909$24,052,952$71,783,045
56$147,226,787$37,664,285$24,773,792$77,768,256
57$162,156,310$39,422,226$25,516,105$84,310,087
58$178,605,885$41,263,546$26,280,525$91,463,029
59$196,730,470$43,192,244$27,067,707$99,287,030
60$216,700,826$45,212,513$27,878,324$107,848,048
61$238,705,129$47,328,745$28,713,067$117,218,659
62$262,950,748$49,545,549$29,572,650$127,478,725
63$289,666,197$51,867,754$30,457,807$138,716,132
64$319,103,298$54,300,422$31,369,292$151,027,606
65$351,539,554$56,848,863$32,307,883$164,519,606
66$387,280,771$59,518,640$33,274,380$179,309,312
67$426,663,944$62,315,588$34,269,606$195,525,711
68$470,060,438$65,245,823$35,294,410$213,310,796
69$517,879,493$68,315,758$36,349,662$232,820,883
70$570,572,087$71,532,117$37,436,262$254,228,071
71$628,635,196$74,901,946$38,555,132$277,721,835
72$692,616,481$78,432,637$39,707,225$303,510,799
73$763,119,464$82,131,937$40,893,518$331,824,675
74$840,809,217$86,007,971$42,115,019$362,916,406
75$926,418,650$90,069,254$43,372,765$397,064,532
76$1,020,755,422$94,324,717$44,667,823$434,575,781
77$1,124,709,571$98,783,724$46,001,290$475,787,944
78$1,239,261,911$103,456,090$47,374,297$521,073,027
79$1,365,493,296$108,352,109$48,788,006$570,840,733
80$1,504,594,823$113,482,573$50,243,615$625,542,291
81$1,657,879,073$118,858,797$51,742,355$685,674,688
82$1,826,792,508$124,492,648$53,285,493$751,785,311
83$2,012,929,121$130,396,565$54,874,334$824,477,088
84$2,218,045,488$136,583,593$56,510,221$904,414,130
85$2,444,077,348$143,067,409$58,194,534$992,327,959
86$2,693,157,881$149,862,356$59,928,694$1,089,024,371
87$2,967,637,845$156,983,472$61,714,166$1,195,390,994
88$3,270,107,768$164,446,525$63,552,453$1,312,405,618
89$3,603,422,406$172,268,049$65,445,105$1,441,145,376
90$3,970,727,691$180,465,383$67,393,716$1,582,796,854
91$4,375,490,436$189,056,707$69,399,926$1,738,667,241
92$4,821,531,058$198,061,084$71,465,422$1,910,196,607
93$5,313,059,654$207,498,505$73,591,941$2,098,971,436
94$5,854,715,737$217,389,930$75,781,269$2,306,739,541
95$6,451,612,047$227,757,342$78,035,247$2,535,426,491
96$7,109,382,813$238,623,788$80,355,764$2,787,153,721
97$7,834,236,946$250,013,440$82,744,769$3,064,258,486
98$8,633,016,659$261,951,643$85,204,263$3,369,315,846
99$9,513,262,060$274,464,976$87,736,308$3,705,162,891
100$10,483,282,341$287,581,310$90,343,024$4,074,925,444