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

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 $11,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$933,143$924,831$916,722$908,807$901,078$870,146
2 years$461,952$453,349$445,011$436,926$429,085$398,236
3 years$304,909$296,268$287,951$279,943$272,229$242,433
4 years$226,403$217,789$209,555$201,683$194,156$165,640
5 years$179,311$170,749$162,623$154,912$147,594$120,434
6 years$147,927$139,429$131,424$123,884$116,786$91,003
7 years$125,519$117,093$109,214$101,852$94,979$70,568
8 years$108,720$100,370$92,622$85,441$78,794$55,736
9 years$95,662$87,390$79,775$72,777$66,356$44,623
10 years$85,221$77,030$69,550$62,734$56,538$36,094
11 years$76,684$68,575$61,231$54,598$48,625$29,429
12 years$69,575$61,550$54,341$47,890$42,137$24,146
13 years$63,564$55,623$48,550$42,279$36,745$19,910
14 years$58,417$50,560$43,622$37,531$32,210$16,483
15 years$53,959$46,187$39,385$33,471$28,360$13,691
16 years$50,063$42,376$35,708$29,970$25,065$11,402
17 years$46,629$39,027$32,493$26,927$22,224$9,517
18 years$43,580$36,062$29,662$24,267$19,761$7,958
19 years$40,855$33,422$27,154$21,927$17,613$6,664
20 years$38,405$31,057$24,921$19,859$15,732$5,587
21 years$36,192$28,929$22,922$18,024$14,079$4,690
22 years$34,182$27,004$21,126$16,388$12,620$3,940
23 years$32,350$25,256$19,506$14,925$11,328$3,312
24 years$30,673$23,664$18,040$13,612$10,182$2,786
25 years$29,133$22,207$16,709$12,431$9,162$2,345
26 years$27,714$20,871$15,497$11,367$8,253$1,974
27 years$26,402$19,642$14,390$10,404$7,441$1,663
28 years$25,185$18,509$13,377$9,532$6,714$1,401
29 years$24,055$17,461$12,449$8,741$6,063$1,181
30 years$23,002$16,490$11,596$8,022$5,478$995
31 years$22,019$15,588$10,810$7,368$4,953$839
32 years$21,099$14,750$10,086$6,771$4,480$707
33 years$20,237$13,968$9,417$6,227$4,054$597
34 years$19,427$13,239$8,799$5,729$3,671$503
35 years$18,665$12,557$8,227$5,274$3,325$424
36 years$17,947$11,918$7,696$4,857$3,012$358
37 years$17,269$11,320$7,203$4,475$2,730$302
38 years$16,629$10,758$6,745$4,125$2,475$255
39 years$16,023$10,229$6,320$3,803$2,245$215
40 years$15,449$9,732$5,923$3,508$2,036$181
41 years$14,904$9,264$5,554$3,237$1,847$153
42 years$14,387$8,823$5,210$2,987$1,676$129
43 years$13,894$8,407$4,889$2,757$1,521$109
44 years$13,426$8,013$4,589$2,546$1,381$92
45 years$12,980$7,641$4,309$2,351$1,253$78
46 years$12,554$7,290$4,047$2,172$1,138$65
47 years$12,148$6,956$3,802$2,007$1,033$55
48 years$11,759$6,641$3,573$1,854$938$47
49 years$11,388$6,342$3,358$1,714$852$39
50 years$11,033$6,058$3,157$1,584$774$33

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 $6,530 every year, while hoping to spend $56,149 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: 40/41/19 Blend
29$11,300,000$11,300,000$11,300,000$11,300,000
30$12,459,336$11,860,436$11,685,286$12,887,258
31$13,670,446$12,381,855$12,017,001$13,714,981
32$15,003,207$12,926,942$12,357,946$14,603,975
33$16,469,969$13,496,797$12,708,372$15,564,554
34$18,084,339$14,092,572$13,068,535$16,603,264
35$19,861,309$14,715,476$13,438,698$17,727,282
36$21,817,399$15,366,771$13,819,132$18,944,490
37$23,970,813$16,047,782$14,210,112$20,263,533
38$26,341,608$16,759,896$14,611,923$21,693,907
39$28,951,886$17,504,565$15,024,857$23,246,035
40$31,826,001$18,283,311$15,449,212$24,931,367
41$34,990,788$19,097,728$15,885,295$26,762,476
42$38,475,817$19,949,485$16,333,421$28,753,178
43$42,313,672$20,840,331$16,793,912$30,918,651
44$46,540,257$21,772,099$17,267,099$33,275,574
45$51,195,138$22,746,706$17,753,322$35,842,282
46$56,321,912$23,766,164$18,252,928$38,638,923
47$61,968,620$24,832,580$18,766,274$41,687,651
48$68,188,202$25,948,158$19,293,726$45,012,823
49$75,038,992$27,115,212$19,835,660$48,641,220
50$82,585,274$28,336,162$20,392,459$52,602,297
51$90,897,884$29,613,546$20,964,519$56,928,447
52$100,054,882$30,950,023$21,552,244$61,655,300
53$110,142,284$32,348,378$22,156,048$66,822,054
54$121,254,877$33,811,529$22,776,356$72,471,829
55$133,497,115$35,342,534$23,413,604$78,652,069
56$146,984,099$36,944,597$24,068,238$85,414,977
57$161,842,670$38,621,075$24,740,717$92,817,997
58$178,212,600$40,375,485$25,431,508$100,924,347
59$196,247,915$42,211,514$26,141,094$109,803,602
60$216,118,347$44,133,023$26,869,966$119,532,337
61$238,010,938$46,144,061$27,618,629$130,194,840
62$262,131,801$48,248,867$28,387,600$141,883,893
63$288,708,070$50,451,887$29,177,411$154,701,632
64$317,990,042$52,757,778$29,988,603$168,760,497
65$350,253,538$55,171,421$30,821,733$184,184,279
66$385,802,509$57,697,931$31,677,370$201,109,273
67$424,971,903$60,342,667$32,556,100$219,685,542
68$468,130,827$63,111,248$33,458,520$240,078,326
69$515,686,033$66,009,561$34,385,242$262,469,570
70$568,085,755$69,043,776$35,336,894$287,059,635
71$625,823,940$72,220,359$36,314,118$314,069,161
72$689,444,913$75,546,088$37,317,573$343,741,130
73$759,548,514$79,028,067$38,347,931$376,343,139
74$836,795,760$82,673,739$39,405,884$412,169,902
75$921,915,083$86,490,908$40,492,137$451,546,009
76$1,015,709,211$90,487,752$41,607,413$494,828,960
77$1,119,062,742$94,672,843$42,752,453$542,412,519
78$1,232,950,496$99,055,167$43,928,014$594,730,400
79$1,358,446,716$103,644,139$45,134,872$652,260,334
80$1,496,735,212$108,449,633$46,373,821$715,528,545
81$1,649,120,533$113,481,994$47,645,673$785,114,688
82$1,817,040,283$118,752,068$48,951,259$861,657,288
83$2,002,078,696$124,271,224$50,291,431$945,859,733
84$2,205,981,587$130,051,377$51,667,058$1,038,496,873
85$2,430,672,835$136,105,021$53,079,030$1,140,422,304
86$2,678,272,546$142,445,249$54,528,259$1,252,576,378
87$2,951,117,066$149,085,786$56,015,677$1,375,995,045
88$3,251,781,040$156,041,023$57,542,235$1,511,819,584
89$3,583,101,716$163,326,043$59,108,909$1,661,307,333
90$3,948,205,729$170,956,657$60,716,696$1,825,843,511
91$4,350,538,622$178,949,442$62,366,614$2,006,954,242
92$4,793,897,371$187,321,774$64,059,705$2,206,320,913
93$5,282,466,233$196,091,871$65,797,035$2,425,795,988
94$5,820,856,246$205,278,830$67,579,693$2,667,420,442
95$6,414,148,761$214,902,670$69,408,791$2,933,442,964
96$7,067,943,416$224,984,382$71,285,466$3,226,341,126
97$7,788,410,997$235,545,970$73,210,882$3,548,844,704
98$8,582,351,698$246,610,502$75,186,226$3,903,961,378
99$9,457,259,319$258,202,164$77,212,712$4,295,005,057
100$10,421,392,010$270,346,311$79,291,579$4,725,627,083