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%17.8%
1 years$941,401$933,016$924,835$916,849$909,052$880,305
2 years$466,040$457,361$448,949$440,793$432,882$404,180
3 years$307,607$298,890$290,500$282,420$274,638$246,883
4 years$228,406$219,716$211,409$203,468$195,874$169,277
5 years$180,898$172,260$164,062$156,283$148,900$123,534
6 years$149,236$140,663$132,587$124,981$117,820$93,705
7 years$126,630$118,129$110,180$102,754$95,819$72,953
8 years$109,682$101,258$93,442$86,197$79,491$57,859
9 years$96,508$88,163$80,481$73,421$66,943$46,521
10 years$85,975$77,712$70,165$63,290$57,039$37,796
11 years$77,362$69,182$61,772$55,081$49,055$30,957
12 years$70,191$62,094$54,821$48,313$42,510$25,517
13 years$64,127$56,115$48,979$42,653$37,070$21,141
14 years$58,934$51,007$44,008$37,863$32,495$17,588
15 years$54,437$46,596$39,733$33,767$28,611$14,681
16 years$50,506$42,751$36,024$30,235$25,287$12,289
17 years$47,042$39,372$32,781$27,166$22,421$10,310
18 years$43,965$36,381$29,924$24,482$19,936$8,666
19 years$41,216$33,718$27,394$22,121$17,769$7,296
20 years$38,745$31,332$25,141$20,035$15,872$6,150
21 years$36,512$29,185$23,125$18,183$14,203$5,190
22 years$34,485$27,243$21,313$16,533$12,731$4,384
23 years$32,637$25,480$19,679$15,057$11,428$3,706
24 years$30,945$23,873$18,200$13,733$10,272$3,134
25 years$29,391$22,404$16,857$12,541$9,243$2,653
26 years$27,959$21,056$15,634$11,467$8,326$2,246
27 years$26,635$19,816$14,517$10,496$7,507$1,903
28 years$25,408$18,672$13,496$9,617$6,773$1,612
29 years$24,268$17,615$12,559$8,819$6,116$1,367
30 years$23,205$16,636$11,698$8,093$5,526$1,158
31 years$22,214$15,726$10,906$7,433$4,996$982
32 years$21,286$14,880$10,175$6,831$4,520$833
33 years$20,416$14,092$9,501$6,282$4,090$707
34 years$19,599$13,356$8,877$5,780$3,703$599
35 years$18,830$12,668$8,299$5,321$3,354$509
36 years$18,106$12,024$7,764$4,900$3,039$432
37 years$17,422$11,420$7,267$4,515$2,754$366
38 years$16,776$10,853$6,805$4,162$2,497$311
39 years$16,165$10,320$6,376$3,837$2,264$264
40 years$15,586$9,819$5,976$3,539$2,054$224
41 years$15,036$9,346$5,603$3,265$1,863$190
42 years$14,514$8,901$5,256$3,014$1,691$161
43 years$14,017$8,481$4,932$2,782$1,535$137
44 years$13,545$8,084$4,630$2,569$1,393$116
45 years$13,095$7,709$4,347$2,372$1,264$99
46 years$12,665$7,354$4,083$2,191$1,148$84
47 years$12,255$7,018$3,836$2,024$1,043$71
48 years$11,863$6,700$3,605$1,871$947$60
49 years$11,489$6,398$3,388$1,729$860$51
50 years$11,130$6,111$3,185$1,598$781$43

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 $2,408 every year, while hoping to spend $38,872 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: 64/9/27 Blend
29$11,400,000$11,400,000$11,400,000$11,400,000
30$12,565,284$11,961,084$11,784,384$13,279,467
31$13,805,583$12,505,817$12,137,801$14,307,725
32$15,171,090$13,075,940$12,501,755$15,426,277
33$16,674,535$13,672,655$12,876,558$16,647,656
34$18,329,946$14,297,223$13,262,530$17,981,962
35$20,152,778$14,950,964$13,660,003$19,440,314
36$22,160,064$15,635,265$14,069,316$21,034,950
37$24,370,572$16,351,574$14,490,819$22,779,342
38$26,804,983$17,101,413$14,924,874$24,688,320
39$29,486,084$17,886,376$15,371,851$26,778,210
40$32,438,989$18,708,132$15,832,131$29,066,987
41$35,691,367$19,568,432$16,306,109$31,574,442
42$39,273,712$20,469,110$16,794,189$34,322,367
43$43,219,623$21,412,089$17,296,787$37,334,757
44$47,566,126$22,399,384$17,814,331$40,638,037
45$52,354,024$23,433,106$18,347,264$44,261,304
46$57,628,275$24,515,469$18,896,038$48,236,606
47$63,438,426$25,648,794$19,461,122$52,599,233
48$69,839,072$26,835,512$20,042,996$57,388,057
49$76,890,377$28,078,171$20,642,156$62,645,887
50$84,658,638$29,379,444$21,259,111$68,419,876
51$93,216,913$30,742,131$21,894,385$74,761,963
52$102,645,710$32,169,167$22,548,519$81,729,354
53$113,033,745$33,663,629$23,222,067$89,385,067
54$124,478,782$35,228,742$23,915,601$97,798,515
55$137,088,554$36,867,886$24,629,710$107,046,165
56$150,981,780$38,584,606$25,364,999$117,212,250
57$166,289,287$40,382,617$26,122,091$128,389,564
58$183,155,241$42,265,812$26,901,628$140,680,332
59$201,738,512$44,238,274$27,704,270$154,197,172
60$222,214,173$46,304,282$28,530,695$169,064,152
61$244,775,148$48,468,321$29,381,603$185,417,957
62$269,634,040$50,735,095$30,257,713$203,409,177
63$297,025,131$53,109,534$31,159,766$223,203,717
64$327,206,598$55,596,805$32,088,522$244,984,367
65$360,462,950$58,202,327$33,044,766$268,952,515
66$397,107,709$60,931,780$34,029,304$295,330,044
67$437,486,377$63,791,119$35,042,967$324,361,422
68$481,979,689$66,786,586$36,086,609$356,316,004
69$531,007,216$69,924,726$37,161,108$391,490,566
70$585,031,316$73,212,402$38,267,370$430,212,103
71$644,561,507$76,656,807$39,406,324$472,840,906
72$710,159,274$80,265,483$40,578,928$519,773,958
73$782,443,366$84,046,338$41,786,168$571,448,673
74$862,095,642$88,007,661$43,029,058$628,347,018
75$949,867,507$92,158,146$44,308,641$691,000,057
76$1,046,587,003$96,506,905$45,625,990$759,992,951
77$1,153,166,627$101,063,493$46,982,211$835,970,476
78$1,270,611,946$105,837,928$48,378,439$919,643,103
79$1,400,031,092$110,840,714$49,815,843$1,011,793,692
80$1,542,645,217$116,082,863$51,295,628$1,113,284,875
81$1,699,800,028$121,575,922$52,819,030$1,225,067,186
82$1,872,978,487$127,331,998$54,387,324$1,348,188,029
83$2,063,814,813$133,363,787$56,001,820$1,483,801,551
84$2,274,109,909$139,684,597$57,663,866$1,633,179,523
85$2,505,848,363$146,308,386$59,374,849$1,797,723,344
86$2,761,217,186$153,249,786$61,136,195$1,978,977,248
87$3,042,626,455$160,524,142$62,949,375$2,178,642,872
88$3,352,732,071$168,147,543$64,815,896$2,398,595,313
89$3,694,460,829$176,136,858$66,737,315$2,640,900,805
90$4,071,038,047$184,509,778$68,715,228$2,907,836,219
91$4,486,018,021$193,284,850$70,751,282$3,201,910,540
92$4,943,317,576$202,481,525$72,847,167$3,525,888,534
93$5,447,253,046$212,120,197$75,004,624$3,882,816,838
94$6,002,581,022$222,222,252$77,225,445$4,276,052,698
95$6,614,543,259$232,810,115$79,511,470$4,709,295,652
96$7,288,916,161$243,907,301$81,864,594$5,186,622,432
97$8,032,065,319$255,538,467$84,286,767$5,712,525,434
98$8,851,005,601$267,729,472$86,779,993$6,291,955,106
99$9,753,467,386$280,507,429$89,346,336$6,930,366,664
100$10,747,969,537$293,900,771$91,987,916$7,633,771,572