Can I retire at age 30 with 11,700,000?

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 $11,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$966,175$957,569$949,172$940,977$932,974$918,653
2 years$478,304$469,397$460,763$452,393$444,274$429,880
3 years$315,702$306,756$298,144$289,852$281,865$267,847
4 years$234,417$225,498$216,973$208,822$201,029$187,494
5 years$185,659$176,793$168,380$160,396$152,819$139,806
6 years$153,164$144,365$136,076$128,270$120,920$108,445
7 years$129,962$121,237$113,080$105,458$98,341$86,407
8 years$112,569$103,923$95,901$88,466$81,583$70,189
9 years$99,048$90,484$82,599$75,353$68,705$57,845
10 years$88,237$79,757$72,012$64,955$58,540$48,206
11 years$79,398$71,003$63,398$56,530$50,346$40,527
12 years$72,038$63,728$56,264$49,585$43,629$34,312
13 years$65,814$57,592$50,268$43,776$38,045$29,218
14 years$60,484$52,349$45,166$38,859$33,350$24,998
15 years$55,870$47,822$40,779$34,656$29,364$21,472
16 years$51,835$43,876$36,972$31,030$25,952$18,505
17 years$48,280$40,408$33,643$27,881$23,011$15,992
18 years$45,122$37,339$30,712$25,126$20,460$13,853
19 years$42,301$34,605$28,115$22,704$18,237$12,024
20 years$39,765$32,157$25,803$20,562$16,289$10,455
21 years$37,473$29,953$23,734$18,662$14,577$9,104
22 years$35,392$27,960$21,874$16,968$13,066$7,938
23 years$33,495$26,150$20,197$15,453$11,729$6,929
24 years$31,759$24,501$18,679$14,094$10,542$6,054
25 years$30,164$22,993$17,300$12,871$9,487$5,294
26 years$28,695$21,610$16,045$11,769$8,545$4,632
27 years$27,336$20,337$14,899$10,772$7,704$4,056
28 years$26,077$19,164$13,851$9,870$6,952$3,554
29 years$24,906$18,079$12,889$9,051$6,277$3,115
30 years$23,816$17,074$12,006$8,306$5,672$2,731
31 years$22,798$16,140$11,193$7,629$5,128$2,396
32 years$21,846$15,272$10,443$7,011$4,638$2,102
33 years$20,953$14,463$9,751$6,447$4,198$1,845
34 years$20,114$13,707$9,111$5,932$3,801$1,620
35 years$19,326$13,001$8,518$5,461$3,442$1,423
36 years$18,582$12,340$7,968$5,029$3,119$1,250
37 years$17,881$11,720$7,458$4,634$2,827$1,098
38 years$17,218$11,138$6,984$4,271$2,563$964
39 years$16,590$10,592$6,543$3,938$2,324$847
40 years$15,996$10,077$6,133$3,632$2,108$745
41 years$15,432$9,592$5,751$3,351$1,912$655
42 years$14,896$9,135$5,395$3,093$1,735$575
43 years$14,386$8,704$5,062$2,855$1,575$506
44 years$13,901$8,297$4,752$2,636$1,430$445
45 years$13,439$7,912$4,462$2,435$1,298$391
46 years$12,998$7,548$4,190$2,249$1,178$344
47 years$12,578$7,203$3,937$2,078$1,070$302
48 years$12,176$6,876$3,700$1,920$972$266
49 years$11,791$6,566$3,477$1,774$883$234
50 years$11,423$6,272$3,269$1,640$802$205

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $11,700,000, adding $4,880 every year, while hoping to spend $21,321 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: 55/19/26 Blend
29$11,700,000$11,700,000$11,700,000$11,700,000
30$12,898,434$12,278,334$12,096,984$13,515,143
31$14,191,389$12,857,287$12,479,547$14,519,047
32$15,615,510$13,463,894$12,874,212$15,609,213
33$17,184,155$14,099,488$13,281,361$16,796,109
34$18,912,042$14,765,465$13,701,389$18,089,039
35$20,815,388$15,463,291$14,134,704$19,498,235
36$22,912,067$16,194,502$14,581,726$21,034,949
37$25,221,773$16,960,707$15,042,889$22,711,555
38$27,766,208$17,763,596$15,518,640$24,541,664
39$30,569,288$18,604,939$16,009,441$26,540,247
40$33,657,365$19,486,591$16,515,768$28,723,776
41$37,059,483$20,410,500$17,038,112$31,110,373
42$40,807,641$21,378,706$17,576,980$33,719,976
43$44,937,107$22,393,349$18,132,895$36,574,529
44$49,486,741$23,456,672$18,706,396$39,698,175
45$54,499,369$24,571,029$19,298,041$43,117,492
46$60,022,182$25,738,887$19,908,402$46,861,726
47$66,107,183$26,962,831$20,538,073$50,963,073
48$72,811,681$28,245,575$21,187,663$55,456,971
49$80,198,827$29,589,963$21,857,805$60,382,434
50$88,338,214$30,998,977$22,549,147$65,782,410
51$97,306,529$32,475,745$23,262,361$71,704,183
52$107,188,284$34,023,545$23,998,139$78,199,817
53$118,076,607$35,645,817$24,757,195$85,326,632
54$130,074,126$37,346,167$25,540,266$93,147,748
55$143,293,933$39,128,375$26,348,111$101,732,669
56$157,860,656$40,996,408$27,181,514$111,157,933
57$173,911,633$42,954,422$28,041,286$121,507,826
58$191,598,209$45,006,778$28,928,258$132,875,173
59$211,087,166$47,158,050$29,843,294$145,362,201
60$232,562,293$49,413,030$30,787,280$159,081,500
61$256,226,126$51,776,748$31,761,134$174,157,076
62$282,301,858$54,254,476$32,765,799$190,725,512
63$311,035,446$56,851,744$33,802,252$208,937,245
64$342,697,933$59,574,350$34,871,498$228,957,980
65$377,588,004$62,428,376$35,974,576$250,970,244
66$416,034,811$65,420,197$37,112,555$275,175,092
67$458,401,077$68,556,502$38,286,541$301,794,001
68$505,086,520$71,844,303$39,497,672$331,070,944
69$556,531,626$75,290,955$40,747,126$363,274,683
70$613,221,812$78,904,171$42,036,114$398,701,291
71$675,692,000$82,692,040$43,365,888$437,676,933
72$744,531,678$86,663,043$44,737,738$480,560,935
73$820,390,453$90,826,077$46,152,997$527,749,157
74$903,984,196$95,190,470$47,613,039$579,677,714
75$996,101,788$99,766,008$49,119,280$636,827,080
76$1,097,612,577$104,562,949$50,673,183$699,726,604
77$1,209,474,582$109,592,056$52,276,256$768,959,492
78$1,332,743,536$114,864,612$53,930,057$845,168,292
79$1,468,582,852$120,392,455$55,636,190$929,060,938
80$1,618,274,613$126,187,994$57,396,312$1,021,417,421
81$1,783,231,667$132,264,250$59,212,132$1,123,097,120
82$1,965,010,971$138,634,872$61,085,412$1,235,046,904
83$2,165,328,289$145,314,180$63,017,973$1,358,310,040
84$2,386,074,389$152,317,189$65,011,689$1,494,036,018
85$2,629,332,893$159,659,648$67,068,497$1,643,491,381
86$2,897,399,951$167,358,073$69,190,394$1,808,071,656
87$3,192,805,914$175,429,787$71,379,441$1,989,314,494
88$3,518,339,227$183,892,956$73,637,762$2,188,914,163
89$3,877,072,752$192,766,635$75,967,551$2,408,737,514
90$4,272,392,779$202,070,806$78,371,070$2,650,841,566
91$4,708,030,995$211,826,428$80,850,653$2,917,492,900
92$5,188,099,714$222,055,481$83,408,708$3,211,189,019
93$5,717,130,704$232,781,018$86,047,719$3,534,681,889
94$6,300,117,967$244,027,219$88,770,248$3,891,003,882
95$6,942,564,888$255,819,442$91,578,940$4,283,496,366
96$7,650,536,194$268,184,282$94,476,522$4,715,841,206
97$8,430,715,209$281,149,634$97,465,808$5,192,095,480
98$9,290,466,949$294,744,756$100,549,702$5,716,729,737
99$10,237,907,659$309,000,329$103,731,198$6,294,670,152
100$11,281,981,433$323,948,538$107,013,386$6,931,344,987