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

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 $11,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$966,175$957,569$949,172$940,977$932,974$916,011
2 years$478,304$469,397$460,763$452,393$444,274$427,244
3 years$315,702$306,756$298,144$289,852$281,865$265,300
4 years$234,417$225,498$216,973$208,822$201,029$185,055
5 years$185,659$176,793$168,380$160,396$152,819$137,483
6 years$153,164$144,365$136,076$128,270$120,920$106,239
7 years$129,962$121,237$113,080$105,458$98,341$84,318
8 years$112,569$103,923$95,901$88,466$81,583$68,216
9 years$99,048$90,484$82,599$75,353$68,705$55,985
10 years$88,237$79,757$72,012$64,955$58,540$46,456
11 years$79,398$71,003$63,398$56,530$50,346$38,884
12 years$72,038$63,728$56,264$49,585$43,629$32,774
13 years$65,814$57,592$50,268$43,776$38,045$27,780
14 years$60,484$52,349$45,166$38,859$33,350$23,656
15 years$55,870$47,822$40,779$34,656$29,364$20,222
16 years$51,835$43,876$36,972$31,030$25,952$17,342
17 years$48,280$40,408$33,643$27,881$23,011$14,912
18 years$45,122$37,339$30,712$25,126$20,460$12,852
19 years$42,301$34,605$28,115$22,704$18,237$11,098
20 years$39,765$32,157$25,803$20,562$16,289$9,600
21 years$37,473$29,953$23,734$18,662$14,577$8,315
22 years$35,392$27,960$21,874$16,968$13,066$7,211
23 years$33,495$26,150$20,197$15,453$11,729$6,260
24 years$31,759$24,501$18,679$14,094$10,542$5,440
25 years$30,164$22,993$17,300$12,871$9,487$4,731
26 years$28,695$21,610$16,045$11,769$8,545$4,117
27 years$27,336$20,337$14,899$10,772$7,704$3,584
28 years$26,077$19,164$13,851$9,870$6,952$3,122
29 years$24,906$18,079$12,889$9,051$6,277$2,721
30 years$23,816$17,074$12,006$8,306$5,672$2,373
31 years$22,798$16,140$11,193$7,629$5,128$2,069
32 years$21,846$15,272$10,443$7,011$4,638$1,805
33 years$20,953$14,463$9,751$6,447$4,198$1,575
34 years$20,114$13,707$9,111$5,932$3,801$1,375
35 years$19,326$13,001$8,518$5,461$3,442$1,200
36 years$18,582$12,340$7,968$5,029$3,119$1,048
37 years$17,881$11,720$7,458$4,634$2,827$915
38 years$17,218$11,138$6,984$4,271$2,563$799
39 years$16,590$10,592$6,543$3,938$2,324$698
40 years$15,996$10,077$6,133$3,632$2,108$610
41 years$15,432$9,592$5,751$3,351$1,912$533
42 years$14,896$9,135$5,395$3,093$1,735$465
43 years$14,386$8,704$5,062$2,855$1,575$407
44 years$13,901$8,297$4,752$2,636$1,430$355
45 years$13,439$7,912$4,462$2,435$1,298$311
46 years$12,998$7,548$4,190$2,249$1,178$271
47 years$12,578$7,203$3,937$2,078$1,070$237
48 years$12,176$6,876$3,700$1,920$972$207
49 years$11,791$6,566$3,477$1,774$883$181
50 years$11,423$6,272$3,269$1,640$802$158

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 $5,602 every year, while hoping to spend $44,381 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: 46/36/18 Blend
29$11,700,000$11,700,000$11,700,000$11,700,000
30$12,899,178$12,279,078$12,097,728$13,426,055
31$14,167,674$12,833,532$12,455,781$14,348,815
32$15,564,068$13,413,667$12,824,341$15,344,425
33$17,101,360$14,020,694$13,203,714$16,423,630
34$18,793,873$14,655,882$13,594,213$17,594,227
35$20,657,390$15,320,562$13,996,161$18,864,781
36$22,709,302$16,016,128$14,409,891$20,244,695
37$24,968,772$16,744,040$14,835,743$21,744,297
38$27,456,916$17,505,827$15,274,070$23,374,937
39$30,197,003$18,303,094$15,725,233$25,149,082
40$33,214,672$19,137,520$16,189,603$27,080,433
41$36,538,178$20,010,867$16,667,563$29,184,049
42$40,198,652$20,924,980$17,159,507$31,476,482
43$44,230,403$21,881,792$17,665,838$33,975,928
44$48,671,234$22,883,330$18,186,974$36,702,394
45$53,562,803$23,931,717$18,723,341$39,677,879
46$58,951,017$25,029,179$19,275,381$42,926,575
47$64,886,459$26,178,048$19,843,545$46,475,092
48$71,424,874$27,380,768$20,428,300$50,352,694
49$78,627,687$28,639,901$21,030,124$54,591,579
50$86,562,587$29,958,132$21,649,509$59,227,163
51$95,304,166$31,338,276$22,286,962$64,298,416
52$104,934,620$32,783,280$22,943,005$69,848,216
53$115,544,527$34,296,237$23,618,171$75,923,746
54$127,233,702$35,880,386$24,313,013$82,576,929
55$140,112,137$37,539,122$25,028,096$89,864,912
56$154,301,041$39,276,005$25,764,004$97,850,590
57$169,933,984$41,094,766$26,521,335$106,603,193
58$187,158,156$42,999,315$27,300,704$116,198,925
59$206,135,756$44,993,750$28,102,747$126,721,675
60$227,045,527$47,082,367$28,928,112$138,263,794
61$250,084,438$49,269,671$29,777,471$150,926,957
62$275,469,546$51,560,380$30,651,513$164,823,104
63$303,440,046$53,959,444$31,550,944$180,075,487
64$334,259,523$56,472,050$32,476,493$196,819,820
65$368,218,447$59,103,633$33,428,908$215,205,539
66$405,636,912$61,859,895$34,408,960$235,397,203
67$446,867,656$64,746,809$35,417,440$257,576,024
68$492,299,394$67,770,638$36,455,160$281,941,567
69$542,360,482$70,937,950$37,522,958$308,713,611
70$597,522,968$74,255,626$38,621,694$338,134,204
71$658,307,041$77,730,882$39,752,251$370,469,932
72$725,285,947$81,371,283$40,915,539$406,014,409
73$799,091,396$85,184,758$42,112,492$445,091,032
74$880,419,529$89,179,622$43,344,071$488,056,007
75$970,037,487$93,364,590$44,611,264$535,301,687
76$1,068,790,654$97,748,798$45,915,085$587,260,256
77$1,177,610,639$102,341,828$47,256,578$644,407,777
78$1,297,524,068$107,153,720$48,636,817$707,268,658
79$1,429,662,276$112,195,006$50,056,903$776,420,579
80$1,575,271,990$117,476,723$51,517,972$852,499,911
81$1,735,727,096$123,010,446$53,021,187$936,207,691
82$1,912,541,610$128,808,308$54,567,747$1,028,316,211
83$2,107,383,970$134,883,031$56,158,882$1,129,676,268
84$2,322,092,789$141,247,953$57,795,859$1,241,225,166
85$2,558,694,211$147,917,060$59,479,978$1,363,995,520
86$2,819,421,038$154,905,014$61,212,575$1,499,124,970
87$3,106,733,813$162,227,189$62,995,025$1,647,866,875
88$3,423,344,043$169,899,702$64,828,739$1,811,602,102
89$3,772,239,803$177,939,455$66,715,169$1,991,852,021
90$4,156,713,942$186,364,168$68,655,807$2,190,292,812
91$4,580,395,173$195,192,421$70,652,185$2,408,771,244
92$5,047,282,326$204,443,695$72,705,879$2,649,322,054
93$5,561,782,105$214,138,417$74,818,507$2,914,187,105
94$6,128,750,685$224,298,005$76,991,733$3,205,836,488
95$6,753,539,565$234,944,918$79,227,267$3,526,991,785
96$7,442,046,085$246,102,703$81,526,864$3,880,651,694
97$8,200,769,103$257,796,053$83,892,331$4,270,120,279
98$9,036,870,349$270,050,857$86,325,522$4,699,038,087
99$9,958,242,041$282,894,265$88,828,343$5,171,416,448
100$10,973,581,389$296,354,744$91,402,752$5,691,675,268