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%11.3%
1 years$941,401$933,016$924,835$916,849$909,052$904,081
2 years$466,040$457,361$448,949$440,793$432,882$427,866
3 years$307,607$298,890$290,500$282,420$274,638$269,733
4 years$228,406$219,716$211,409$203,468$195,874$191,117
5 years$180,898$172,260$164,062$156,283$148,900$144,305
6 years$149,236$140,663$132,587$124,981$117,820$113,393
7 years$126,630$118,129$110,180$102,754$95,819$91,562
8 years$109,682$101,258$93,442$86,197$79,491$75,405
9 years$96,508$88,163$80,481$73,421$66,943$63,026
10 years$85,975$77,712$70,165$63,290$57,039$53,289
11 years$77,362$69,182$61,772$55,081$49,055$45,471
12 years$70,191$62,094$54,821$48,313$42,510$39,088
13 years$64,127$56,115$48,979$42,653$37,070$33,806
14 years$58,934$51,007$44,008$37,863$32,495$29,387
15 years$54,437$46,596$39,733$33,767$28,611$25,654
16 years$50,506$42,751$36,024$30,235$25,287$22,476
17 years$47,042$39,372$32,781$27,166$22,421$19,753
18 years$43,965$36,381$29,924$24,482$19,936$17,406
19 years$41,216$33,718$27,394$22,121$17,769$15,373
20 years$38,745$31,332$25,141$20,035$15,872$13,604
21 years$36,512$29,185$23,125$18,183$14,203$12,060
22 years$34,485$27,243$21,313$16,533$12,731$10,707
23 years$32,637$25,480$19,679$15,057$11,428$9,519
24 years$30,945$23,873$18,200$13,733$10,272$8,472
25 years$29,391$22,404$16,857$12,541$9,243$7,549
26 years$27,959$21,056$15,634$11,467$8,326$6,732
27 years$26,635$19,816$14,517$10,496$7,507$6,008
28 years$25,408$18,672$13,496$9,617$6,773$5,366
29 years$24,268$17,615$12,559$8,819$6,116$4,796
30 years$23,205$16,636$11,698$8,093$5,526$4,288
31 years$22,214$15,726$10,906$7,433$4,996$3,837
32 years$21,286$14,880$10,175$6,831$4,520$3,434
33 years$20,416$14,092$9,501$6,282$4,090$3,075
34 years$19,599$13,356$8,877$5,780$3,703$2,754
35 years$18,830$12,668$8,299$5,321$3,354$2,468
36 years$18,106$12,024$7,764$4,900$3,039$2,212
37 years$17,422$11,420$7,267$4,515$2,754$1,983
38 years$16,776$10,853$6,805$4,162$2,497$1,778
39 years$16,165$10,320$6,376$3,837$2,264$1,595
40 years$15,586$9,819$5,976$3,539$2,054$1,431
41 years$15,036$9,346$5,603$3,265$1,863$1,284
42 years$14,514$8,901$5,256$3,014$1,691$1,152
43 years$14,017$8,481$4,932$2,782$1,535$1,034
44 years$13,545$8,084$4,630$2,569$1,393$928
45 years$13,095$7,709$4,347$2,372$1,264$833
46 years$12,665$7,354$4,083$2,191$1,148$748
47 years$12,255$7,018$3,836$2,024$1,043$671
48 years$11,863$6,700$3,605$1,871$947$603
49 years$11,489$6,398$3,388$1,729$860$541
50 years$11,130$6,111$3,185$1,598$781$486

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 $5,492 every year, while hoping to spend $21,456 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: 64/24/12 Blend
29$11,400,000$11,400,000$11,400,000$11,400,000
30$12,568,465$11,964,265$11,787,565$13,337,845
31$13,827,619$12,527,685$12,159,619$14,416,200
32$15,214,488$13,117,993$12,543,419$15,590,604
33$16,742,076$13,736,485$12,939,333$16,872,854
34$18,424,713$14,384,518$13,347,746$18,273,446
35$20,278,190$15,063,515$13,769,051$19,803,925
36$22,319,907$15,774,969$14,203,656$21,476,988
37$24,569,039$16,520,444$14,651,980$23,306,606
38$27,046,717$17,301,582$15,114,457$25,308,149
39$29,776,224$18,120,102$15,591,534$27,498,526
40$32,783,219$18,977,807$16,083,671$29,896,345
41$36,095,978$19,876,590$16,591,344$32,522,083
42$39,745,657$20,818,432$17,115,043$35,398,276
43$43,766,592$21,805,413$17,655,275$38,549,725
44$48,196,619$22,839,713$18,212,561$42,003,729
45$53,077,432$23,923,617$18,787,440$45,790,336
46$58,454,979$25,059,522$19,380,468$49,942,625
47$64,379,889$26,249,942$19,992,217$54,497,008
48$70,907,960$27,497,511$20,623,278$59,493,574
49$78,100,676$28,804,993$21,274,261$64,976,458
50$86,025,792$30,175,285$21,945,796$70,994,253
51$94,757,973$31,611,424$22,638,531$77,600,467
52$104,379,499$33,116,597$23,353,135$84,854,013
53$114,981,043$34,694,145$24,090,299$92,819,768
54$126,662,520$36,347,569$24,850,736$101,569,171
55$139,534,041$38,080,544$25,635,179$111,180,897
56$153,716,944$39,896,921$26,444,388$121,741,586
57$169,344,940$41,800,738$27,279,143$133,346,658
58$186,565,382$43,796,233$28,140,253$146,101,202
59$205,540,648$45,887,845$29,028,548$160,120,962
60$226,449,677$48,080,232$29,944,887$175,533,421
61$249,489,659$50,378,279$30,890,156$192,478,992
62$274,877,897$52,787,106$31,865,268$211,112,335
63$302,853,853$55,312,085$32,871,166$231,603,810
64$333,681,417$57,958,849$33,908,821$254,141,071
65$367,651,391$60,733,302$34,979,236$278,930,826
66$405,084,239$63,641,639$36,083,446$306,200,779
67$446,333,108$66,690,356$37,222,518$336,201,767
68$491,787,165$69,886,264$38,397,552$369,210,112
69$541,875,271$73,236,505$39,609,685$405,530,220
70$597,070,026$76,748,572$40,860,087$445,497,439
71$657,892,236$80,430,319$42,149,968$489,481,211
72$724,915,825$84,289,986$43,480,573$537,888,540
73$798,773,256$88,336,212$44,853,188$591,167,826
74$880,161,498$92,578,057$46,269,141$649,813,074
75$969,848,613$97,025,024$47,729,799$714,368,543
76$1,068,680,999$101,687,077$49,236,574$785,433,865
77$1,177,591,385$106,574,668$50,790,923$863,669,687
78$1,297,607,635$111,698,755$52,394,348$949,803,888
79$1,429,862,453$117,070,834$54,048,399$1,044,638,427
80$1,575,604,077$122,702,958$55,754,673$1,149,056,893
81$1,736,208,059$128,607,769$57,514,821$1,264,032,824
82$1,913,190,256$134,798,525$59,330,543$1,390,638,874
83$2,108,221,141$141,289,131$61,203,594$1,530,056,911
84$2,323,141,568$148,094,170$63,135,786$1,683,589,149
85$2,559,980,158$155,228,934$65,128,985$1,852,670,416
86$2,820,972,446$162,709,464$67,185,117$2,038,881,668
87$3,108,581,988$170,552,580$69,306,171$2,243,964,882
88$3,425,523,619$178,775,925$71,494,196$2,469,839,475
89$3,774,789,084$187,398,001$73,751,308$2,718,620,385
90$4,159,675,282$196,438,214$76,079,688$2,992,638,004
91$4,583,815,389$205,916,915$78,481,586$3,294,460,144
92$5,051,213,164$215,855,449$80,959,324$3,626,916,236
93$5,566,280,743$226,276,203$83,515,298$3,993,124,005
94$6,133,880,296$237,202,654$86,151,978$4,396,518,861
95$6,759,369,930$248,659,427$88,871,913$4,840,886,285
96$7,448,654,272$260,672,349$91,677,731$5,330,397,521
97$8,208,240,218$273,268,504$94,572,145$5,869,648,908
98$9,045,298,362$286,476,303$97,557,954$6,463,705,222
99$9,967,730,692$300,325,539$100,638,043$7,118,147,438
100$10,984,245,195$314,847,462$103,815,389$7,839,125,361