Can I retire at age 30 with 11,400,000?

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 $11,400,000?

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$941,401$933,016$924,835$916,849$909,052$902,567
2 years$466,040$457,361$448,949$440,793$432,882$426,342
3 years$307,607$298,890$290,500$282,420$274,638$268,247
4 years$228,406$219,716$211,409$203,468$195,874$189,680
5 years$180,898$172,260$164,062$156,283$148,900$142,922
6 years$149,236$140,663$132,587$124,981$117,820$112,065
7 years$126,630$118,129$110,180$102,754$95,819$90,290
8 years$109,682$101,258$93,442$86,197$79,491$74,189
9 years$96,508$88,163$80,481$73,421$66,943$61,865
10 years$85,975$77,712$70,165$63,290$57,039$52,183
11 years$77,362$69,182$61,772$55,081$49,055$44,418
12 years$70,191$62,094$54,821$48,313$42,510$38,087
13 years$64,127$56,115$48,979$42,653$37,070$32,857
14 years$58,934$51,007$44,008$37,863$32,495$28,487
15 years$54,437$46,596$39,733$33,767$28,611$24,802
16 years$50,506$42,751$36,024$30,235$25,287$21,671
17 years$47,042$39,372$32,781$27,166$22,421$18,993
18 years$43,965$36,381$29,924$24,482$19,936$16,689
19 years$41,216$33,718$27,394$22,121$17,769$14,698
20 years$38,745$31,332$25,141$20,035$15,872$12,969
21 years$36,512$29,185$23,125$18,183$14,203$11,463
22 years$34,485$27,243$21,313$16,533$12,731$10,147
23 years$32,637$25,480$19,679$15,057$11,428$8,994
24 years$30,945$23,873$18,200$13,733$10,272$7,980
25 years$29,391$22,404$16,857$12,541$9,243$7,088
26 years$27,959$21,056$15,634$11,467$8,326$6,302
27 years$26,635$19,816$14,517$10,496$7,507$5,607
28 years$25,408$18,672$13,496$9,617$6,773$4,992
29 years$24,268$17,615$12,559$8,819$6,116$4,447
30 years$23,205$16,636$11,698$8,093$5,526$3,963
31 years$22,214$15,726$10,906$7,433$4,996$3,534
32 years$21,286$14,880$10,175$6,831$4,520$3,153
33 years$20,416$14,092$9,501$6,282$4,090$2,814
34 years$19,599$13,356$8,877$5,780$3,703$2,512
35 years$18,830$12,668$8,299$5,321$3,354$2,244
36 years$18,106$12,024$7,764$4,900$3,039$2,004
37 years$17,422$11,420$7,267$4,515$2,754$1,791
38 years$16,776$10,853$6,805$4,162$2,497$1,600
39 years$16,165$10,320$6,376$3,837$2,264$1,430
40 years$15,586$9,819$5,976$3,539$2,054$1,279
41 years$15,036$9,346$5,603$3,265$1,863$1,143
42 years$14,514$8,901$5,256$3,014$1,691$1,022
43 years$14,017$8,481$4,932$2,782$1,535$914
44 years$13,545$8,084$4,630$2,569$1,393$818
45 years$13,095$7,709$4,347$2,372$1,264$732
46 years$12,665$7,354$4,083$2,191$1,148$654
47 years$12,255$7,018$3,836$2,024$1,043$586
48 years$11,863$6,700$3,605$1,871$947$524
49 years$11,489$6,398$3,388$1,729$860$469
50 years$11,130$6,111$3,185$1,598$781$419

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $11,400,000, adding $6,679 every year, while hoping to spend $34,345 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: 71/17/12 Blend
29$11,400,000$11,400,000$11,400,000$11,400,000
30$12,569,689$11,965,489$11,788,789$13,430,044
31$13,815,255$12,515,256$12,147,171$14,550,767
32$15,186,717$13,090,809$12,516,407$15,772,355
33$16,696,881$13,693,378$12,896,826$17,108,674
34$18,359,857$14,324,247$13,288,763$18,571,034
35$20,191,193$14,984,766$13,692,568$20,171,885
36$22,208,022$15,676,347$14,108,596$21,924,929
37$24,429,223$16,400,471$14,537,217$23,845,246
38$26,875,601$17,158,691$14,978,811$25,949,438
39$29,570,079$17,952,633$15,433,768$28,255,780
40$32,537,918$18,784,004$15,902,490$30,784,391
41$35,806,955$19,654,590$16,385,393$33,557,422
42$39,407,865$20,566,264$16,882,904$36,599,258
43$43,374,448$21,520,992$17,395,462$39,936,754
44$47,743,952$22,520,832$17,923,521$43,599,474
45$52,557,423$23,567,940$18,467,547$47,619,977
46$57,860,092$24,664,580$19,028,021$52,034,115
47$63,701,799$25,813,123$19,605,437$56,881,370
48$70,137,470$27,016,053$20,200,307$62,205,223
49$77,227,629$28,275,977$20,813,154$68,053,558
50$85,038,973$29,595,626$21,444,521$74,479,115
51$93,644,999$30,977,862$22,094,962$81,539,979
52$103,126,698$32,425,687$22,765,054$89,300,128
53$113,573,324$33,942,248$23,455,385$97,830,027
54$125,083,228$35,530,843$24,166,565$107,207,293
55$137,764,793$37,194,930$24,899,221$117,517,423
56$151,737,454$38,938,134$25,653,997$128,854,591
57$167,132,828$40,764,256$26,431,560$141,322,537
58$184,095,951$42,677,279$27,232,592$155,035,536
59$202,786,654$44,681,381$28,057,799$170,119,475
60$223,381,065$46,780,941$28,907,908$186,713,031
61$246,073,276$48,980,550$29,783,666$204,968,979
62$271,077,174$51,285,022$30,685,843$225,055,621
63$298,628,460$53,699,401$31,615,232$247,158,372
64$328,986,871$56,228,980$32,572,650$271,481,502
65$362,438,636$58,879,304$33,558,939$298,250,056
66$399,299,178$61,656,191$34,574,964$327,711,970
67$439,916,086$64,565,737$35,621,617$360,140,406
68$484,672,403$67,614,334$36,699,818$395,836,316
69$533,990,239$70,808,687$37,810,512$435,131,282
70$588,334,753$74,155,822$38,954,674$478,390,627
71$648,218,548$77,663,109$40,133,306$526,016,862
72$714,206,512$81,338,272$41,347,443$578,453,471
73$786,921,142$85,189,413$42,598,149$636,189,086
74$867,048,429$89,225,026$43,886,518$699,762,092
75$955,344,332$93,454,015$45,213,679$769,765,692
76$1,052,641,911$97,885,719$46,580,795$846,853,502
77$1,159,859,196$102,529,929$47,989,061$931,745,699
78$1,278,007,850$107,396,911$49,439,711$1,025,235,813
79$1,408,202,721$112,497,431$50,934,012$1,128,198,203
80$1,551,672,369$117,842,775$52,473,271$1,241,596,291
81$1,709,770,659$123,444,780$54,058,834$1,366,491,648
82$1,883,989,548$129,315,855$55,692,087$1,504,053,996
83$2,075,973,165$135,469,015$57,374,455$1,655,572,233
84$2,287,533,337$141,917,906$59,107,408$1,822,466,583
85$2,520,666,689$148,676,836$60,892,458$2,006,301,988
86$2,777,573,500$155,760,809$62,731,164$2,208,802,857
87$3,060,678,468$163,185,560$64,625,129$2,431,869,328
88$3,372,653,605$170,967,586$66,576,005$2,677,595,186
89$3,716,443,464$179,124,188$68,585,492$2,948,287,602
90$4,095,292,932$187,673,509$70,655,341$3,246,488,896
91$4,512,777,872$196,634,571$72,787,355$3,575,000,509
92$4,972,838,875$206,027,325$74,983,391$3,936,909,429
93$5,479,818,466$215,872,690$77,245,361$4,335,617,301
94$6,038,502,102$226,192,604$79,575,233$4,774,872,520
95$6,654,163,346$237,010,072$81,975,033$5,258,805,581
96$7,332,613,659$248,349,217$84,446,849$5,791,968,050
97$8,080,257,262$260,235,338$86,992,828$6,379,375,495
98$8,904,151,599$272,694,966$89,615,183$7,026,554,807
99$9,812,073,963$285,755,920$92,316,193$7,739,596,341
100$10,812,594,923$299,447,376$95,098,201$8,525,211,377