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

Use the below retirement simulation to view the chances of a successful retirement.
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%19.1%
1 years$957,917$949,385$941,060$932,934$925,000$891,117
2 years$474,216$465,385$456,825$448,526$440,476$406,717
3 years$313,004$304,134$295,596$287,375$279,456$246,882
4 years$232,413$223,571$215,118$207,038$199,311$168,171
5 years$184,072$175,282$166,941$159,025$151,513$121,888
6 years$151,855$143,131$134,913$127,173$119,887$91,798
7 years$128,851$120,201$112,113$104,556$97,500$70,940
8 years$111,607$103,035$95,081$87,710$80,886$55,832
9 years$98,201$89,710$81,893$74,709$68,118$44,535
10 years$87,483$79,075$71,396$64,400$58,040$35,887
11 years$78,720$70,396$62,856$56,047$49,916$29,147
12 years$71,422$63,184$55,783$49,161$43,256$23,818
13 years$65,252$57,100$49,839$43,402$37,720$19,560
14 years$59,968$51,902$44,780$38,527$33,065$16,126
15 years$55,392$47,413$40,431$34,360$29,113$13,337
16 years$51,392$43,501$36,656$30,765$25,730$11,059
17 years$47,867$40,063$33,356$27,642$22,814$9,190
18 years$44,737$37,020$30,449$24,911$20,285$7,650
19 years$41,939$34,309$27,875$22,509$18,081$6,377
20 years$39,425$31,882$25,582$20,387$16,150$5,322
21 years$37,153$29,697$23,531$18,502$14,453$4,447
22 years$35,090$27,721$21,687$16,823$12,955$3,718
23 years$33,209$25,927$20,024$15,321$11,629$3,111
24 years$31,488$24,292$18,519$13,973$10,452$2,604
25 years$29,907$22,797$17,152$12,761$9,405$2,181
26 years$28,449$21,425$15,908$11,668$8,472$1,828
27 years$27,102$20,164$14,772$10,680$7,638$1,532
28 years$25,854$19,000$13,732$9,785$6,892$1,284
29 years$24,694$17,924$12,779$8,973$6,223$1,077
30 years$23,613$16,928$11,903$8,235$5,623$903
31 years$22,603$16,002$11,097$7,564$5,084$758
32 years$21,659$15,141$10,354$6,951$4,599$636
33 years$20,774$14,339$9,667$6,392$4,162$534
34 years$19,943$13,590$9,033$5,881$3,768$448
35 years$19,160$12,890$8,445$5,414$3,413$376
36 years$18,423$12,235$7,900$4,986$3,092$315
37 years$17,728$11,620$7,394$4,594$2,803$265
38 years$17,071$11,043$6,924$4,235$2,541$222
39 years$16,449$10,501$6,487$3,904$2,304$187
40 years$15,859$9,991$6,081$3,601$2,090$157
41 years$15,300$9,510$5,702$3,323$1,896$131
42 years$14,768$9,057$5,348$3,066$1,720$110
43 years$14,263$8,630$5,019$2,831$1,561$93
44 years$13,782$8,226$4,711$2,614$1,417$78
45 years$13,324$7,844$4,423$2,414$1,287$65
46 years$12,887$7,483$4,155$2,230$1,168$55
47 years$12,470$7,141$3,903$2,060$1,061$46
48 years$12,072$6,817$3,668$1,903$963$39
49 years$11,690$6,510$3,448$1,759$875$32
50 years$11,326$6,219$3,241$1,626$795$27

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 $4,888 every year, while hoping to spend $38,139 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: 58/36/6 Blend
29$11,600,000$11,600,000$11,600,000$11,600,000
30$12,788,242$12,173,442$11,993,642$13,514,240
31$14,052,063$12,729,361$12,354,849$14,557,955
32$15,443,516$13,311,242$12,726,879$15,690,227
33$16,975,578$13,920,316$13,110,053$16,923,336
34$18,662,550$14,557,875$13,504,703$18,266,928
35$20,520,191$15,225,272$13,911,172$19,731,609
36$22,565,864$15,923,924$14,329,809$21,329,034
37$24,818,703$16,655,317$14,760,979$23,072,017
38$27,299,792$17,421,009$15,205,053$24,974,644
39$30,032,364$18,222,631$15,662,415$27,052,405
40$33,042,020$19,061,895$16,133,461$29,322,335
41$36,356,971$19,940,593$16,618,597$31,803,167
42$40,008,304$20,860,604$17,118,242$34,515,506
43$44,030,275$21,823,897$17,632,827$37,482,019
44$48,460,632$22,832,538$18,162,796$40,727,638
45$53,340,973$23,888,688$18,708,606$44,279,798
46$58,717,136$24,994,617$19,270,727$48,168,682
47$64,639,631$26,152,701$19,849,644$52,427,502
48$71,164,121$27,365,432$20,445,856$57,092,807
49$78,351,944$28,635,420$21,059,874$62,204,821
50$86,270,691$29,965,404$21,692,228$67,807,810
51$94,994,846$31,358,253$22,343,462$73,950,501
52$104,606,488$32,816,975$23,014,136$80,686,526
53$115,196,065$34,344,722$23,704,825$88,074,921
54$126,863,250$35,944,801$24,416,123$96,180,680
55$139,717,880$37,620,674$25,148,641$105,075,351
56$153,880,991$39,375,974$25,903,008$114,837,707
57$169,485,964$41,214,509$26,679,871$125,554,477
58$186,679,781$43,140,268$27,479,895$137,321,156
59$205,624,414$45,157,437$28,303,767$150,242,893
60$226,498,353$47,270,401$29,152,193$164,435,471
61$249,498,293$49,483,758$30,025,899$180,026,390
62$274,840,985$51,802,328$30,925,632$197,156,058
63$302,765,288$54,231,165$31,852,164$215,979,099
64$333,534,422$56,775,566$32,806,286$236,665,804
65$367,438,450$59,441,086$33,788,814$259,403,716
66$404,797,020$62,233,548$34,800,587$284,399,394
67$445,962,380$65,159,055$35,842,470$311,880,339
68$491,322,701$68,224,008$36,915,352$342,097,128
69$541,305,749$71,435,116$38,020,148$375,325,762
70$596,382,914$74,799,415$39,157,802$411,870,250
71$657,073,665$78,324,281$40,329,282$452,065,461
72$723,950,453$82,017,444$41,535,587$496,280,267
73$797,644,114$85,887,014$42,777,744$544,920,997
74$878,849,827$89,941,491$44,056,811$598,435,259
75$968,333,671$94,189,786$45,373,877$657,316,132
76$1,066,939,865$98,641,244$46,730,060$722,106,807
77$1,175,598,729$103,305,663$48,126,515$793,405,678
78$1,295,335,473$108,193,315$49,564,427$871,871,973
79$1,427,279,874$113,314,970$51,045,019$958,231,943
80$1,572,676,940$118,681,922$52,569,546$1,053,285,689
81$1,732,898,664$124,306,013$54,139,301$1,157,914,689
82$1,909,456,977$130,199,656$55,755,617$1,273,090,079
83$2,104,018,022$136,375,872$57,419,863$1,399,881,792
84$2,318,417,880$142,848,311$59,133,449$1,539,468,622
85$2,554,679,910$149,631,284$60,897,826$1,693,149,313
86$2,815,033,844$156,739,800$62,714,486$1,862,354,783
87$3,101,936,842$164,189,596$64,584,967$2,048,661,587
88$3,418,096,686$171,997,173$66,510,850$2,253,806,762
89$3,766,497,347$180,179,833$68,493,762$2,479,704,179
90$4,150,427,151$188,755,719$70,535,378$2,728,462,559
91$4,573,509,827$197,743,857$72,637,420$3,002,405,339
92$5,039,738,719$207,164,195$74,801,663$3,304,092,546
93$5,553,514,481$217,037,653$77,029,931$3,636,344,917
94$6,119,686,626$227,386,166$79,324,102$4,002,270,469
95$6,743,599,311$238,232,737$81,686,108$4,405,293,779
96$7,431,141,786$249,601,486$84,117,938$4,849,188,252
97$8,188,803,997$261,517,708$86,621,638$5,338,111,684
98$9,023,737,854$274,007,925$89,199,313$5,876,645,436
99$9,943,824,754$287,099,953$91,853,129$6,469,837,620
100$10,957,749,986$300,822,957$94,585,315$7,123,250,679