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%16.3%
1 years$933,143$924,831$916,722$908,807$901,078$877,870
2 years$461,952$453,349$445,011$436,926$429,085$405,858
3 years$304,909$296,268$287,951$279,943$272,229$249,709
4 years$226,403$217,789$209,555$201,683$194,156$172,517
5 years$179,311$170,749$162,623$154,912$147,594$126,896
6 years$147,927$139,429$131,424$123,884$116,786$97,048
7 years$125,519$117,093$109,214$101,852$94,979$76,203
8 years$108,720$100,370$92,622$85,441$78,794$60,972
9 years$95,662$87,390$79,775$72,777$66,356$49,472
10 years$85,221$77,030$69,550$62,734$56,538$40,572
11 years$76,684$68,575$61,231$54,598$48,625$33,553
12 years$69,575$61,550$54,341$47,890$42,137$27,932
13 years$63,564$55,623$48,550$42,279$36,745$23,378
14 years$58,417$50,560$43,622$37,531$32,210$19,651
15 years$53,959$46,187$39,385$33,471$28,360$16,578
16 years$50,063$42,376$35,708$29,970$25,065$14,027
17 years$46,629$39,027$32,493$26,927$22,224$11,897
18 years$43,580$36,062$29,662$24,267$19,761$10,112
19 years$40,855$33,422$27,154$21,927$17,613$8,609
20 years$38,405$31,057$24,921$19,859$15,732$7,341
21 years$36,192$28,929$22,922$18,024$14,079$6,267
22 years$34,182$27,004$21,126$16,388$12,620$5,356
23 years$32,350$25,256$19,506$14,925$11,328$4,581
24 years$30,673$23,664$18,040$13,612$10,182$3,921
25 years$29,133$22,207$16,709$12,431$9,162$3,359
26 years$27,714$20,871$15,497$11,367$8,253$2,879
27 years$26,402$19,642$14,390$10,404$7,441$2,468
28 years$25,185$18,509$13,377$9,532$6,714$2,117
29 years$24,055$17,461$12,449$8,741$6,063$1,817
30 years$23,002$16,490$11,596$8,022$5,478$1,559
31 years$22,019$15,588$10,810$7,368$4,953$1,339
32 years$21,099$14,750$10,086$6,771$4,480$1,150
33 years$20,237$13,968$9,417$6,227$4,054$987
34 years$19,427$13,239$8,799$5,729$3,671$848
35 years$18,665$12,557$8,227$5,274$3,325$729
36 years$17,947$11,918$7,696$4,857$3,012$626
37 years$17,269$11,320$7,203$4,475$2,730$538
38 years$16,629$10,758$6,745$4,125$2,475$462
39 years$16,023$10,229$6,320$3,803$2,245$397
40 years$15,449$9,732$5,923$3,508$2,036$342
41 years$14,904$9,264$5,554$3,237$1,847$294
42 years$14,387$8,823$5,210$2,987$1,676$252
43 years$13,894$8,407$4,889$2,757$1,521$217
44 years$13,426$8,013$4,589$2,546$1,381$186
45 years$12,980$7,641$4,309$2,351$1,253$160
46 years$12,554$7,290$4,047$2,172$1,138$138
47 years$12,148$6,956$3,802$2,007$1,033$119
48 years$11,759$6,641$3,573$1,854$938$102
49 years$11,388$6,342$3,358$1,714$852$88
50 years$11,033$6,058$3,157$1,584$774$75

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 $6,547 every year, while hoping to spend $45,347 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: 52/25/23 Blend
29$11,300,000$11,300,000$11,300,000$11,300,000
30$12,459,353$11,860,453$11,685,303$13,027,274
31$13,681,958$12,393,367$12,028,512$13,953,229
32$15,027,749$12,950,873$12,381,698$14,954,692
33$16,509,244$13,534,129$12,745,149$16,043,115
34$18,140,233$14,144,348$13,119,158$17,226,789
35$19,935,915$14,782,800$13,504,028$18,514,828
36$21,913,036$15,450,815$13,900,071$19,917,252
37$24,090,049$16,149,788$14,307,607$21,445,075
38$26,487,286$16,881,180$14,726,964$23,110,413
39$29,127,154$17,646,522$15,158,481$24,926,585
40$32,034,340$18,447,417$15,602,506$26,908,243
41$35,236,049$19,285,548$16,059,397$29,071,502
42$38,762,261$20,162,674$16,529,522$31,434,091
43$42,646,008$21,080,642$17,013,258$34,015,513
44$46,923,693$22,041,385$17,510,994$36,837,228
45$51,635,427$23,046,930$18,023,129$39,922,847
46$56,825,411$24,099,401$18,550,075$43,298,355
47$62,542,354$25,201,022$19,092,253$46,992,347
48$68,839,929$26,354,127$19,650,098$51,036,296
49$75,777,281$27,561,159$20,224,056$55,464,841
50$83,419,587$28,824,679$20,814,585$60,316,112
51$91,838,668$30,147,372$21,422,157$65,632,082
52$101,113,670$31,532,050$22,047,257$71,458,956
53$111,331,807$32,981,663$22,690,383$77,847,605
54$122,589,187$34,499,300$23,352,046$84,854,035
55$134,991,718$36,088,200$24,032,774$92,539,909
56$148,656,108$37,751,756$24,733,106$100,973,125
57$163,710,965$39,493,527$25,453,600$110,228,445
58$180,298,014$41,317,240$26,194,826$120,388,198
59$198,573,431$43,226,804$26,957,372$131,543,043
60$218,709,318$45,226,315$27,741,841$143,792,820
61$240,895,330$47,320,066$28,548,854$157,247,482
62$265,340,461$49,512,556$29,379,048$172,028,124
63$292,275,021$51,808,504$30,233,078$188,268,113
64$321,952,805$54,212,853$31,111,619$206,114,344
65$354,653,494$56,730,786$32,015,361$225,728,608
66$390,685,290$59,367,734$32,945,016$247,289,110
67$430,387,830$62,129,393$33,901,314$270,992,144
68$474,135,387$65,021,732$34,885,006$297,053,927
69$522,340,407$68,051,007$35,896,864$325,712,632
70$575,457,399$71,223,778$36,937,680$357,230,620
71$633,987,231$74,546,920$38,008,269$391,896,905
72$698,481,850$78,027,641$39,109,468$430,029,865
73$769,549,501$81,673,496$40,242,137$471,980,234
74$847,860,460$85,492,408$41,407,159$518,134,395
75$934,153,370$89,492,679$42,605,441$568,918,014
76$1,029,242,207$93,683,014$43,837,918$624,800,037
77$1,134,023,970$98,072,539$45,105,545$686,297,101
78$1,249,487,143$102,670,822$46,409,309$753,978,390
79$1,376,721,030$107,487,891$47,750,220$828,470,991
80$1,516,926,040$112,534,261$49,129,316$910,465,790
81$1,671,425,013$117,820,957$50,547,665$1,000,723,973
82$1,841,675,715$123,359,536$52,006,364$1,100,084,191
83$2,029,284,598$129,162,113$53,506,537$1,209,470,449
84$2,236,021,963$135,241,392$55,049,342$1,329,900,809
85$2,463,838,675$141,610,692$56,635,966$1,462,496,969
86$2,714,884,579$148,283,975$58,267,630$1,608,494,829
87$2,991,528,797$155,275,881$59,945,587$1,769,256,129
88$3,296,382,095$162,601,760$61,671,124$1,946,281,273
89$3,632,321,526$170,277,703$63,445,564$2,141,223,464
90$4,002,517,595$178,320,584$65,270,264$2,355,904,275
91$4,410,464,190$186,748,093$67,146,618$2,592,330,817
92$4,860,011,567$195,578,779$69,076,059$2,852,714,644
93$5,355,402,697$204,832,089$71,060,058$3,139,492,600
94$5,901,313,326$214,528,415$73,100,123$3,455,349,781
95$6,502,896,114$224,689,137$75,197,807$3,803,244,844
96$7,165,829,286$235,336,673$77,354,701$4,186,437,897
97$7,896,370,230$246,494,527$79,572,441$4,608,521,228
98$8,701,414,582$258,187,347$81,852,706$5,073,453,174
99$9,588,561,316$270,440,974$84,197,218$5,585,595,441
100$10,566,184,495$283,282,506$86,607,750$6,149,754,229