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%19.7%
1 years$933,143$924,831$916,722$908,807$901,078$866,010
2 years$461,952$453,349$445,011$436,926$429,085$394,179
3 years$304,909$296,268$287,951$279,943$272,229$238,583
4 years$226,403$217,789$209,555$201,683$194,156$162,026
5 years$179,311$170,749$162,623$154,912$147,594$117,063
6 years$147,927$139,429$131,424$123,884$116,786$87,874
7 years$125,519$117,093$109,214$101,852$94,979$67,675
8 years$108,720$100,370$92,622$85,441$78,794$53,072
9 years$95,662$87,390$79,775$72,777$66,356$42,178
10 years$85,221$77,030$69,550$62,734$56,538$33,859
11 years$76,684$68,575$61,231$54,598$48,625$27,392
12 years$69,575$61,550$54,341$47,890$42,137$22,295
13 years$63,564$55,623$48,550$42,279$36,745$18,233
14 years$58,417$50,560$43,622$37,531$32,210$14,969
15 years$53,959$46,187$39,385$33,471$28,360$12,328
16 years$50,063$42,376$35,708$29,970$25,065$10,178
17 years$46,629$39,027$32,493$26,927$22,224$8,420
18 years$43,580$36,062$29,662$24,267$19,761$6,978
19 years$40,855$33,422$27,154$21,927$17,613$5,790
20 years$38,405$31,057$24,921$19,859$15,732$4,810
21 years$36,192$28,929$22,922$18,024$14,079$4,000
22 years$34,182$27,004$21,126$16,388$12,620$3,329
23 years$32,350$25,256$19,506$14,925$11,328$2,772
24 years$30,673$23,664$18,040$13,612$10,182$2,310
25 years$29,133$22,207$16,709$12,431$9,162$1,925
26 years$27,714$20,871$15,497$11,367$8,253$1,605
27 years$26,402$19,642$14,390$10,404$7,441$1,339
28 years$25,185$18,509$13,377$9,532$6,714$1,117
29 years$24,055$17,461$12,449$8,741$6,063$932
30 years$23,002$16,490$11,596$8,022$5,478$778
31 years$22,019$15,588$10,810$7,368$4,953$650
32 years$21,099$14,750$10,086$6,771$4,480$542
33 years$20,237$13,968$9,417$6,227$4,054$453
34 years$19,427$13,239$8,799$5,729$3,671$378
35 years$18,665$12,557$8,227$5,274$3,325$316
36 years$17,947$11,918$7,696$4,857$3,012$264
37 years$17,269$11,320$7,203$4,475$2,730$220
38 years$16,629$10,758$6,745$4,125$2,475$184
39 years$16,023$10,229$6,320$3,803$2,245$154
40 years$15,449$9,732$5,923$3,508$2,036$128
41 years$14,904$9,264$5,554$3,237$1,847$107
42 years$14,387$8,823$5,210$2,987$1,676$90
43 years$13,894$8,407$4,889$2,757$1,521$75
44 years$13,426$8,013$4,589$2,546$1,381$63
45 years$12,980$7,641$4,309$2,351$1,253$52
46 years$12,554$7,290$4,047$2,172$1,138$44
47 years$12,148$6,956$3,802$2,007$1,033$36
48 years$11,759$6,641$3,573$1,854$938$30
49 years$11,388$6,342$3,358$1,714$852$25
50 years$11,033$6,058$3,157$1,584$774$21

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 $5,089 every year, while hoping to spend $50,718 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: 69/7/24 Blend
29$11,300,000$11,300,000$11,300,000$11,300,000
30$12,457,849$11,858,949$11,683,799$13,241,122
31$13,674,586$12,386,074$12,021,243$14,293,557
32$15,013,731$12,937,328$12,368,291$15,438,516
33$16,487,715$13,513,841$12,725,212$16,690,311
34$18,110,236$14,116,794$13,092,281$18,059,514
35$19,896,389$14,747,425$13,469,782$19,557,765
36$21,862,805$15,407,034$13,858,004$21,197,875
37$24,027,811$16,096,978$14,257,247$22,993,956
38$26,411,600$16,818,682$14,667,817$24,961,541
39$29,036,423$17,573,638$15,090,029$27,117,739
40$31,926,800$18,363,407$15,524,206$29,481,388
41$35,109,748$19,189,629$15,970,681$32,073,235
42$38,615,038$20,054,017$16,429,796$34,916,129
43$42,475,478$20,958,369$16,901,899$38,035,232
44$46,727,216$21,904,569$17,387,352$41,458,262
45$51,410,087$22,894,588$17,886,524$45,215,743
46$56,567,987$23,930,494$18,399,793$49,341,300
47$62,249,286$25,014,452$18,927,551$53,871,968
48$68,507,286$26,148,733$19,470,196$58,848,542
49$75,400,721$27,335,713$20,028,140$64,315,961
50$82,994,316$28,577,885$20,601,804$70,323,726
51$91,359,394$29,877,858$21,191,622$76,926,370
52$100,574,549$31,238,370$21,798,038$84,183,966
53$110,726,389$32,662,287$22,421,509$92,162,693
54$121,910,354$34,152,612$23,062,503$100,935,458
55$134,231,614$35,712,494$23,721,501$110,582,582
56$147,806,065$37,345,232$24,398,997$121,192,554
57$162,761,419$39,054,284$25,095,498$132,862,864
58$179,238,411$40,843,271$25,811,525$145,700,920
59$197,392,130$42,715,992$26,547,612$159,825,058
60$217,393,477$44,676,425$27,304,307$175,365,659
61$239,430,782$46,728,741$28,082,172$192,466,371
62$263,711,583$48,877,311$28,881,786$211,285,465
63$290,464,580$51,126,714$29,703,741$231,997,324
64$319,941,796$53,481,752$30,548,645$254,794,086
65$352,420,959$55,947,457$31,417,124$279,887,452
66$388,208,116$58,529,102$32,309,817$307,510,684
67$427,640,530$61,232,215$33,227,383$337,920,798
68$471,089,859$64,062,588$34,170,495$371,400,987
69$518,965,664$67,026,294$35,139,846$408,263,293
70$571,719,278$70,129,699$36,136,146$448,851,543
71$629,848,062$73,379,472$37,160,125$493,544,593
72$693,900,105$76,782,606$38,212,530$542,759,897
73$764,479,394$80,346,432$39,294,128$596,957,445
74$842,251,517$84,078,632$40,405,706$656,644,094
75$927,949,946$87,987,259$41,548,071$722,378,357
76$1,022,382,961$92,080,756$42,722,053$794,775,657
77$1,126,441,280$96,367,970$43,928,499$874,514,141
78$1,241,106,469$100,858,179$45,168,282$962,341,068
79$1,367,460,204$105,561,105$46,442,295$1,059,079,861
80$1,506,694,489$110,486,943$47,751,455$1,165,637,871
81$1,660,122,900$115,646,377$49,096,702$1,283,014,935
82$1,829,192,995$121,050,608$50,479,001$1,412,312,808
83$2,015,499,973$126,711,380$51,899,340$1,554,745,556
84$2,220,801,735$132,641,003$53,358,732$1,711,651,007
85$2,447,035,481$138,852,381$54,858,219$1,884,503,377
86$2,696,335,996$145,359,044$56,398,865$2,074,927,172
87$2,971,055,805$152,175,174$57,981,765$2,284,712,517
88$3,273,787,381$159,315,642$59,608,038$2,515,832,048
89$3,607,387,620$166,796,034$61,278,833$2,770,459,522
90$3,975,004,812$174,632,695$62,995,329$3,050,990,329
91$4,380,108,363$182,842,757$64,758,732$3,360,064,093
92$4,826,521,547$191,444,183$66,570,281$3,700,589,584
93$5,318,457,603$200,455,806$68,431,244$4,075,772,162
94$5,860,559,509$209,897,371$70,342,921$4,489,144,027
95$6,457,943,815$219,789,579$72,306,645$4,944,597,555
96$7,116,248,948$230,154,132$74,323,782$5,446,422,024
97$7,841,688,443$241,013,787$76,395,731$5,999,344,103
98$8,641,109,603$252,392,401$78,523,926$6,608,572,451
99$9,522,058,143$264,314,989$80,709,838$7,279,846,882
100$10,492,849,427$276,807,777$82,954,971$8,019,492,534