Can I retire at age 30 with 11,600,000?

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 $11,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$957,917$949,385$941,060$932,934$925,000$890,058
2 years$474,216$465,385$456,825$448,526$440,476$405,678
3 years$313,004$304,134$295,596$287,375$279,456$245,897
4 years$232,413$223,571$215,118$207,038$199,311$167,246
5 years$184,072$175,282$166,941$159,025$151,513$121,026
6 years$151,855$143,131$134,913$127,173$119,887$90,999
7 years$128,851$120,201$112,113$104,556$97,500$70,202
8 years$111,607$103,035$95,081$87,710$80,886$55,152
9 years$98,201$89,710$81,893$74,709$68,118$43,912
10 years$87,483$79,075$71,396$64,400$58,040$35,318
11 years$78,720$70,396$62,856$56,047$49,916$28,628
12 years$71,422$63,184$55,783$49,161$43,256$23,348
13 years$65,252$57,100$49,839$43,402$37,720$19,134
14 years$59,968$51,902$44,780$38,527$33,065$15,742
15 years$55,392$47,413$40,431$34,360$29,113$12,992
16 years$51,392$43,501$36,656$30,765$25,730$10,749
17 years$47,867$40,063$33,356$27,642$22,814$8,913
18 years$44,737$37,020$30,449$24,911$20,285$7,402
19 years$41,939$34,309$27,875$22,509$18,081$6,157
20 years$39,425$31,882$25,582$20,387$16,150$5,127
21 years$37,153$29,697$23,531$18,502$14,453$4,273
22 years$35,090$27,721$21,687$16,823$12,955$3,565
23 years$33,209$25,927$20,024$15,321$11,629$2,975
24 years$31,488$24,292$18,519$13,973$10,452$2,485
25 years$29,907$22,797$17,152$12,761$9,405$2,076
26 years$28,449$21,425$15,908$11,668$8,472$1,736
27 years$27,102$20,164$14,772$10,680$7,638$1,451
28 years$25,854$19,000$13,732$9,785$6,892$1,214
29 years$24,694$17,924$12,779$8,973$6,223$1,015
30 years$23,613$16,928$11,903$8,235$5,623$850
31 years$22,603$16,002$11,097$7,564$5,084$711
32 years$21,659$15,141$10,354$6,951$4,599$595
33 years$20,774$14,339$9,667$6,392$4,162$498
34 years$19,943$13,590$9,033$5,881$3,768$417
35 years$19,160$12,890$8,445$5,414$3,413$349
36 years$18,423$12,235$7,900$4,986$3,092$292
37 years$17,728$11,620$7,394$4,594$2,803$245
38 years$17,071$11,043$6,924$4,235$2,541$205
39 years$16,449$10,501$6,487$3,904$2,304$172
40 years$15,859$9,991$6,081$3,601$2,090$144
41 years$15,300$9,510$5,702$3,323$1,896$120
42 years$14,768$9,057$5,348$3,066$1,720$101
43 years$14,263$8,630$5,019$2,831$1,561$84
44 years$13,782$8,226$4,711$2,614$1,417$71
45 years$13,324$7,844$4,423$2,414$1,287$59
46 years$12,887$7,483$4,155$2,230$1,168$50
47 years$12,470$7,141$3,903$2,060$1,061$42
48 years$12,072$6,817$3,668$1,903$963$35
49 years$11,690$6,510$3,448$1,759$875$29
50 years$11,326$6,219$3,241$1,626$795$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $11,600,000, adding $6,767 every year, while hoping to spend $42,965 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: 61/24/15 Blend
29$11,600,000$11,600,000$11,600,000$11,600,000
30$12,790,180$12,175,380$11,995,580$13,522,152
31$14,049,064$12,726,259$12,351,718$14,566,462
32$15,434,914$13,302,692$12,718,346$15,700,131
33$16,960,636$13,905,884$13,095,771$16,936,238
34$18,640,449$14,537,100$13,484,307$18,284,711
35$20,490,022$15,197,666$13,884,279$19,756,466
36$22,526,622$15,888,969$14,296,020$21,363,510
37$24,769,273$16,612,464$14,719,872$23,119,053
38$27,238,940$17,369,676$15,156,189$25,037,626
39$29,958,724$18,162,202$15,605,334$27,135,215
40$32,954,081$18,991,717$16,067,679$29,429,413
41$36,253,060$19,859,974$16,543,609$31,939,577
42$39,886,572$20,768,812$17,033,520$34,687,009
43$43,888,676$21,720,158$17,537,817$37,695,153
44$48,296,905$22,716,031$18,056,918$40,989,813
45$53,152,619$23,758,546$18,591,255$44,599,390
46$58,501,393$24,849,921$19,141,268$48,555,149
47$64,393,449$25,992,481$19,707,414$52,891,505
48$70,884,129$27,188,661$20,290,161$57,646,348
49$78,034,419$28,441,014$20,889,990$62,861,390
50$85,911,522$29,752,216$21,507,397$68,582,556
51$94,589,494$31,125,071$22,142,891$74,860,415
52$104,149,941$32,562,518$22,796,997$81,750,644
53$114,682,791$34,067,638$23,470,253$89,314,556
54$126,287,144$35,643,660$24,163,214$97,619,664
55$139,072,201$37,293,968$24,876,451$106,740,319
56$153,158,304$39,022,110$25,610,550$116,758,399
57$168,678,062$40,831,805$26,366,114$127,764,078
58$185,777,610$42,726,949$27,143,765$139,856,668
59$204,617,985$44,711,628$27,944,140$153,145,548
60$225,376,646$46,790,125$28,767,895$167,751,192
61$248,249,152$48,966,929$29,615,707$183,806,292
62$273,451,002$51,246,745$30,488,270$201,457,003
63$301,219,674$53,634,505$31,386,297$220,864,317
64$331,816,866$56,135,381$32,310,523$242,205,566
65$365,530,964$58,754,793$33,261,703$265,676,094
66$402,679,766$61,498,422$34,240,615$291,491,080
67$443,613,483$64,372,225$35,248,056$319,887,568
68$488,718,041$67,382,447$36,284,849$351,126,683
69$538,418,727$70,535,633$37,351,837$385,496,093
70$593,184,204$73,838,646$38,449,890$423,312,704
71$653,530,933$77,298,679$39,579,901$464,925,641
72$720,028,049$80,923,275$40,742,789$510,719,531
73$793,302,735$84,720,341$41,939,498$561,118,115
74$874,046,142$88,698,165$43,170,998$616,588,237
75$963,019,911$92,865,438$44,438,290$677,644,231
76$1,061,063,369$97,231,272$45,742,400$744,852,761
77$1,169,101,446$101,805,217$47,084,383$818,838,153
78$1,288,153,409$106,597,288$48,465,325$900,288,270
79$1,419,342,486$111,617,984$49,886,343$989,960,984
80$1,563,906,468$116,878,314$51,348,584$1,088,691,312
81$1,723,209,394$122,389,818$52,853,228$1,197,399,279
82$1,898,754,429$128,164,596$54,401,488$1,317,098,576
83$2,092,198,055$134,215,335$55,994,612$1,448,906,112
84$2,305,365,706$140,555,337$57,633,881$1,594,052,528
85$2,540,269,007$147,198,547$59,320,615$1,753,893,794
86$2,799,124,759$154,159,589$61,056,169$1,929,923,981
87$3,084,375,869$161,453,793$62,841,935$2,123,789,336
88$3,398,714,415$169,097,236$64,679,347$2,337,303,797
89$3,745,107,056$177,106,772$66,569,876$2,572,466,085
90$4,126,823,046$185,500,074$68,515,037$2,831,478,541
91$4,547,465,092$194,295,672$70,516,386$3,116,767,885
92$5,011,003,368$203,512,997$72,575,521$3,431,008,088
93$5,521,812,998$213,172,421$74,694,089$3,777,145,580
94$6,084,715,361$223,295,307$76,873,777$4,158,427,028
95$6,705,023,604$233,904,053$79,116,325$4,578,429,946
96$7,388,592,807$245,022,146$81,423,517$5,041,096,428
97$8,141,875,257$256,674,216$83,797,189$5,550,770,314
98$8,971,981,366$268,886,085$86,239,227$6,112,238,161
99$9,886,746,795$281,684,833$88,751,572$6,730,774,376
100$10,894,806,433$295,098,855$91,336,214$7,412,190,961