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%14.8%
1 years$957,917$949,385$941,060$932,934$925,000$906,695
2 years$474,216$465,385$456,825$448,526$440,476$422,111
3 years$313,004$304,134$295,596$287,375$279,456$261,604
4 years$232,413$223,571$215,118$207,038$199,311$182,109
5 years$184,072$175,282$166,941$159,025$151,513$135,011
6 years$151,855$143,131$134,913$127,173$119,887$104,102
7 years$128,851$120,201$112,113$104,556$97,500$82,437
8 years$111,607$103,035$95,081$87,710$80,886$66,539
9 years$98,201$89,710$81,893$74,709$68,118$54,478
10 years$87,483$79,075$71,396$64,400$58,040$45,095
11 years$78,720$70,396$62,856$56,047$49,916$37,650
12 years$71,422$63,184$55,783$49,161$43,256$31,651
13 years$65,252$57,100$49,839$43,402$37,720$26,757
14 years$59,968$51,902$44,780$38,527$33,065$22,724
15 years$55,392$47,413$40,431$34,360$29,113$19,371
16 years$51,392$43,501$36,656$30,765$25,730$16,566
17 years$47,867$40,063$33,356$27,642$22,814$14,204
18 years$44,737$37,020$30,449$24,911$20,285$12,206
19 years$41,939$34,309$27,875$22,509$18,081$10,509
20 years$39,425$31,882$25,582$20,387$16,150$9,063
21 years$37,153$29,697$23,531$18,502$14,453$7,826
22 years$35,090$27,721$21,687$16,823$12,955$6,767
23 years$33,209$25,927$20,024$15,321$11,629$5,856
24 years$31,488$24,292$18,519$13,973$10,452$5,073
25 years$29,907$22,797$17,152$12,761$9,405$4,397
26 years$28,449$21,425$15,908$11,668$8,472$3,814
27 years$27,102$20,164$14,772$10,680$7,638$3,310
28 years$25,854$19,000$13,732$9,785$6,892$2,874
29 years$24,694$17,924$12,779$8,973$6,223$2,497
30 years$23,613$16,928$11,903$8,235$5,623$2,170
31 years$22,603$16,002$11,097$7,564$5,084$1,886
32 years$21,659$15,141$10,354$6,951$4,599$1,640
33 years$20,774$14,339$9,667$6,392$4,162$1,426
34 years$19,943$13,590$9,033$5,881$3,768$1,241
35 years$19,160$12,890$8,445$5,414$3,413$1,080
36 years$18,423$12,235$7,900$4,986$3,092$939
37 years$17,728$11,620$7,394$4,594$2,803$818
38 years$17,071$11,043$6,924$4,235$2,541$712
39 years$16,449$10,501$6,487$3,904$2,304$619
40 years$15,859$9,991$6,081$3,601$2,090$539
41 years$15,300$9,510$5,702$3,323$1,896$469
42 years$14,768$9,057$5,348$3,066$1,720$409
43 years$14,263$8,630$5,019$2,831$1,561$356
44 years$13,782$8,226$4,711$2,614$1,417$310
45 years$13,324$7,844$4,423$2,414$1,287$270
46 years$12,887$7,483$4,155$2,230$1,168$235
47 years$12,470$7,141$3,903$2,060$1,061$205
48 years$12,072$6,817$3,668$1,903$963$178
49 years$11,690$6,510$3,448$1,759$875$155
50 years$11,326$6,219$3,241$1,626$795$135

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 $4,131 every year, while hoping to spend $33,215 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: 34/36/30 Blend
29$11,600,000$11,600,000$11,600,000$11,600,000
30$12,787,461$12,172,661$11,992,861$13,106,211
31$14,056,442$12,733,781$12,359,281$13,909,652
32$15,453,745$13,321,283$12,736,864$14,772,197
33$16,992,425$13,936,423$13,125,947$15,701,718
34$18,686,866$14,580,522$13,526,879$16,704,211
35$20,552,918$15,254,959$13,940,022$17,786,249
36$22,608,047$15,961,183$14,365,744$18,955,037
37$24,871,499$16,700,713$14,804,428$20,218,478
38$27,364,483$17,475,138$15,256,467$21,585,242
39$30,110,368$18,286,128$15,722,266$23,064,839
40$33,134,906$19,135,429$16,202,242$24,667,709
41$36,466,475$20,024,874$16,696,827$26,405,309
42$40,136,347$20,956,384$17,206,461$28,290,219
43$44,178,979$21,931,972$17,731,603$30,336,251
44$48,632,345$22,953,749$18,272,722$32,558,577
45$53,538,289$24,023,926$18,830,302$34,973,859
46$58,942,920$25,144,824$19,404,843$37,600,406
47$64,897,051$26,318,874$19,996,858$40,458,332
48$71,456,674$27,548,623$20,606,877$43,569,745
49$78,683,493$28,836,744$21,235,446$46,958,941
50$86,645,502$30,186,037$21,883,126$50,652,628
51$95,417,630$31,599,439$22,550,497$54,680,170
52$105,082,444$33,080,027$23,238,155$59,073,849
53$115,730,934$34,631,030$23,946,714$63,869,168
54$127,463,368$36,255,829$24,676,807$69,105,168
55$140,390,238$37,957,971$25,429,087$74,824,791
56$154,633,306$39,741,175$26,204,224$81,075,270
57$170,326,749$41,609,338$27,002,912$87,908,566
58$187,618,430$43,566,548$27,825,862$95,381,846
59$206,671,290$45,617,090$28,673,809$103,558,004
60$227,664,890$47,765,455$29,547,510$112,506,251
61$250,797,100$50,016,354$30,447,743$122,302,745
62$276,285,973$52,374,724$31,375,311$133,031,299
63$304,371,799$54,845,743$32,331,041$144,784,158
64$335,319,377$57,434,838$33,315,785$157,662,849
65$369,420,509$60,147,701$34,330,419$171,779,128
66$406,996,762$62,990,299$35,375,849$187,256,011
67$448,402,496$65,968,888$36,453,004$204,228,924
68$494,028,215$69,090,028$37,562,844$222,846,953
69$544,304,250$72,360,596$38,706,357$243,274,240
70$599,704,823$75,787,805$39,884,559$265,691,506
71$660,752,523$79,379,216$41,098,500$290,297,733
72$728,023,239$83,142,756$42,349,259$317,312,027
73$802,151,599$87,086,740$43,637,948$346,975,652
74$883,836,955$91,219,884$44,965,713$379,554,291
75$973,849,994$95,551,328$46,333,734$415,340,521
76$1,073,040,005$100,090,655$47,743,225$454,656,550
77$1,182,342,903$104,847,914$49,195,441$497,857,231
78$1,302,790,060$109,833,642$50,691,669$545,333,377
79$1,435,518,044$115,058,889$52,233,238$597,515,423
80$1,581,779,350$120,535,240$53,821,517$654,877,452
81$1,742,954,221$126,274,844$55,457,915$717,941,639
82$1,920,563,681$132,290,440$57,143,884$787,283,143
83$2,116,283,891$138,595,387$58,880,919$863,535,496
84$2,331,961,978$145,203,691$60,670,560$947,396,548
85$2,569,633,469$152,130,041$62,514,393$1,039,635,010
86$2,831,541,511$159,389,841$64,414,053$1,141,097,666
87$3,120,158,044$166,999,243$66,371,223$1,252,717,325
88$3,438,207,141$174,975,182$68,387,636$1,375,521,578
89$3,788,690,725$183,335,422$70,465,077$1,510,642,446
90$4,174,916,908$192,098,586$72,605,386$1,659,327,016
91$4,600,531,223$201,284,208$74,810,457$1,822,949,160
92$5,069,551,041$210,912,767$77,082,241$2,003,022,448
93$5,586,403,498$221,005,743$79,422,747$2,201,214,372
94$6,155,967,291$231,585,660$81,834,044$2,419,362,032
95$6,783,618,735$242,676,139$84,318,265$2,659,489,406
96$7,475,282,525$254,301,948$86,877,606$2,923,826,394
97$8,237,487,663$266,489,064$89,514,326$3,214,829,794
98$9,077,429,104$279,264,727$92,230,756$3,535,206,421
99$10,003,035,680$292,657,506$95,029,293$3,887,938,583
100$11,023,044,954$306,697,359$97,912,409$4,276,312,150