Can I retire at age 30 with 11,300,000?

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 $11,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$933,143$924,831$916,722$908,807$901,078$894,649
2 years$461,952$453,349$445,011$436,926$429,085$422,602
3 years$304,909$296,268$287,951$279,943$272,229$265,894
4 years$226,403$217,789$209,555$201,683$194,156$188,016
5 years$179,311$170,749$162,623$154,912$147,594$141,669
6 years$147,927$139,429$131,424$123,884$116,786$111,082
7 years$125,519$117,093$109,214$101,852$94,979$89,498
8 years$108,720$100,370$92,622$85,441$78,794$73,538
9 years$95,662$87,390$79,775$72,777$66,356$61,323
10 years$85,221$77,030$69,550$62,734$56,538$51,725
11 years$76,684$68,575$61,231$54,598$48,625$44,028
12 years$69,575$61,550$54,341$47,890$42,137$37,753
13 years$63,564$55,623$48,550$42,279$36,745$32,568
14 years$58,417$50,560$43,622$37,531$32,210$28,237
15 years$53,959$46,187$39,385$33,471$28,360$24,585
16 years$50,063$42,376$35,708$29,970$25,065$21,481
17 years$46,629$39,027$32,493$26,927$22,224$18,826
18 years$43,580$36,062$29,662$24,267$19,761$16,543
19 years$40,855$33,422$27,154$21,927$17,613$14,569
20 years$38,405$31,057$24,921$19,859$15,732$12,855
21 years$36,192$28,929$22,922$18,024$14,079$11,363
22 years$34,182$27,004$21,126$16,388$12,620$10,058
23 years$32,350$25,256$19,506$14,925$11,328$8,915
24 years$30,673$23,664$18,040$13,612$10,182$7,910
25 years$29,133$22,207$16,709$12,431$9,162$7,026
26 years$27,714$20,871$15,497$11,367$8,253$6,246
27 years$26,402$19,642$14,390$10,404$7,441$5,557
28 years$25,185$18,509$13,377$9,532$6,714$4,948
29 years$24,055$17,461$12,449$8,741$6,063$4,408
30 years$23,002$16,490$11,596$8,022$5,478$3,929
31 years$22,019$15,588$10,810$7,368$4,953$3,503
32 years$21,099$14,750$10,086$6,771$4,480$3,125
33 years$20,237$13,968$9,417$6,227$4,054$2,789
34 years$19,427$13,239$8,799$5,729$3,671$2,490
35 years$18,665$12,557$8,227$5,274$3,325$2,224
36 years$17,947$11,918$7,696$4,857$3,012$1,987
37 years$17,269$11,320$7,203$4,475$2,730$1,775
38 years$16,629$10,758$6,745$4,125$2,475$1,586
39 years$16,023$10,229$6,320$3,803$2,245$1,418
40 years$15,449$9,732$5,923$3,508$2,036$1,267
41 years$14,904$9,264$5,554$3,237$1,847$1,133
42 years$14,387$8,823$5,210$2,987$1,676$1,013
43 years$13,894$8,407$4,889$2,757$1,521$906
44 years$13,426$8,013$4,589$2,546$1,381$811
45 years$12,980$7,641$4,309$2,351$1,253$725
46 years$12,554$7,290$4,047$2,172$1,138$649
47 years$12,148$6,956$3,802$2,007$1,033$580
48 years$11,759$6,641$3,573$1,854$938$519
49 years$11,388$6,342$3,358$1,714$852$465
50 years$11,033$6,058$3,157$1,584$774$416

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $11,300,000, adding $5,883 every year, while hoping to spend $53,798 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: 40/43/17 Blend
29$11,300,000$11,300,000$11,300,000$11,300,000
30$12,458,668$11,859,768$11,684,618$12,893,886
31$13,672,212$12,383,656$12,018,812$13,728,120
32$15,007,734$12,931,412$12,362,399$14,624,382
33$16,477,619$13,504,147$12,715,636$15,592,839
34$18,095,514$14,103,028$13,078,787$16,640,078
35$19,876,455$14,729,276$13,452,126$17,773,326
36$21,837,012$15,384,168$13,835,930$19,000,511
37$23,995,439$16,069,045$14,230,486$20,330,337
38$26,371,854$16,785,308$14,636,087$21,772,355
39$28,988,424$17,534,429$15,053,036$23,337,052
40$31,869,572$18,317,945$15,481,642$25,035,943
41$35,042,214$19,137,470$15,922,223$26,881,675
42$38,536,007$19,994,693$16,375,105$28,888,142
43$42,383,631$20,891,384$16,840,621$31,070,605
44$46,621,096$21,829,396$17,319,117$33,445,835
45$51,288,084$22,810,673$17,810,944$36,032,262
46$56,428,321$23,837,249$18,316,463$38,850,141
47$62,089,992$24,911,256$18,836,046$41,921,740
48$68,326,191$26,034,927$19,370,074$45,271,537
49$75,195,428$27,210,604$19,918,937$48,926,448
50$82,762,175$28,440,738$20,483,035$52,916,069
51$91,097,481$29,727,898$21,062,781$57,272,949
52$100,279,635$31,074,776$21,658,595$62,032,887
53$110,394,911$32,484,193$22,270,911$67,235,261
54$121,538,377$33,959,103$22,900,172$72,923,388
55$133,814,797$35,502,605$23,546,833$79,144,925
56$147,339,617$37,117,943$24,211,363$85,952,307
57$162,240,053$38,808,517$24,894,238$93,403,229
58$178,656,295$40,577,891$25,595,952$101,561,180
59$196,742,828$42,429,799$26,317,007$110,496,031
60$216,669,891$44,368,153$27,057,921$120,284,679
61$238,625,081$46,397,055$27,819,223$131,011,760
62$262,815,130$48,520,800$28,601,457$142,770,435
63$289,467,847$50,743,894$29,405,180$155,663,252
64$318,834,277$53,071,054$30,230,964$169,803,101
65$351,191,065$55,507,228$31,079,393$185,314,262
66$386,843,071$58,057,599$31,951,069$202,333,561
67$426,126,241$60,727,599$32,846,607$221,011,642
68$469,410,789$63,522,922$33,766,639$241,514,374
69$517,104,680$66,449,535$34,711,812$264,024,394
70$569,657,488$69,513,694$35,682,789$288,742,814
71$627,564,639$72,721,952$36,680,250$315,891,092
72$691,372,085$76,081,180$37,704,891$345,713,107
73$761,681,460$79,598,580$38,757,427$378,477,433
74$839,155,758$83,281,700$39,838,590$414,479,852
75$924,525,592$87,138,450$40,949,130$454,046,117
76$1,018,596,092$91,177,124$42,089,815$497,535,008
77$1,122,254,503$95,406,412$43,261,433$545,341,679
78$1,236,478,562$99,835,426$44,464,791$597,901,372
79$1,362,345,730$104,473,716$45,700,716$655,693,482
80$1,501,043,358$109,331,293$46,970,054$719,246,060
81$1,653,879,904$114,418,649$48,273,674$789,140,759
82$1,822,297,275$119,746,784$49,612,463$866,018,291
83$2,007,884,450$125,327,229$50,987,334$950,584,440
84$2,212,392,472$131,172,071$52,399,217$1,043,616,680
85$2,437,750,982$137,293,980$53,849,068$1,145,971,483
86$2,686,086,435$143,706,239$55,337,866$1,258,592,353
87$2,959,742,178$150,422,771$56,866,611$1,382,518,694
88$3,261,300,567$157,458,174$58,436,329$1,518,895,574
89$3,593,607,349$164,827,748$60,048,070$1,668,984,487
90$3,959,798,528$172,547,537$61,702,910$1,834,175,207
91$4,363,329,969$180,634,357$63,401,948$2,015,998,860
92$4,808,010,024$189,105,840$65,146,312$2,216,142,319
93$5,298,035,488$197,980,467$66,937,154$2,436,464,071
94$5,838,031,214$207,277,617$68,775,656$2,679,011,702
95$6,433,093,783$217,017,605$70,663,025$2,946,041,159
96$7,088,839,610$227,221,728$72,600,498$3,240,037,985
97$7,811,457,974$237,912,317$74,589,339$3,563,740,708
98$8,607,769,449$249,112,782$76,630,842$3,920,166,625
99$9,485,290,291$260,847,666$78,726,334$4,312,640,207
100$10,452,303,402$273,142,703$80,877,167$4,744,824,403