Can I retire at age 30 with 11,800,000?

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 $11,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$974,433$965,753$957,285$949,019$940,949$917,457
2 years$482,393$473,408$464,701$456,259$448,071$424,552
3 years$318,401$309,378$300,693$292,330$284,274$261,464
4 years$236,421$227,425$218,827$210,607$202,747$180,820
5 years$187,245$178,304$169,819$161,766$154,125$133,143
6 years$154,473$145,599$137,239$129,366$121,954$101,938
7 years$131,073$122,274$114,046$106,359$99,181$80,133
8 years$113,531$104,811$96,720$89,222$82,280$64,191
9 years$99,894$91,257$83,305$75,997$69,292$52,147
10 years$88,992$80,438$72,627$65,510$59,040$42,819
11 years$80,077$71,610$63,940$57,014$50,777$35,456
12 years$72,653$64,273$56,745$50,009$44,002$29,556
13 years$66,377$58,084$50,698$44,150$38,370$24,770
14 years$61,001$52,797$45,552$39,192$33,635$20,850
15 years$56,347$48,231$41,128$34,952$29,615$17,614
16 years$52,278$44,251$37,288$31,296$26,174$14,924
17 years$48,692$40,753$33,931$28,119$23,208$12,677
18 years$45,508$37,658$30,974$25,341$20,635$10,791
19 years$42,662$34,901$28,356$22,898$18,393$9,201
20 years$40,104$32,432$26,023$20,738$16,429$7,857
21 years$37,793$30,209$23,936$18,821$14,702$6,718
22 years$35,695$28,199$22,061$17,113$13,178$5,750
23 years$33,782$26,374$20,370$15,585$11,829$4,926
24 years$32,031$24,711$18,838$14,214$10,633$4,224
25 years$30,422$23,190$17,448$12,981$9,568$3,624
26 years$28,940$21,795$16,182$11,870$8,618$3,110
27 years$27,570$20,511$15,027$10,864$7,770$2,671
28 years$26,300$19,328$13,969$9,954$7,011$2,295
29 years$25,119$18,233$13,000$9,128$6,331$1,973
30 years$24,020$17,219$12,109$8,377$5,720$1,696
31 years$22,993$16,278$11,289$7,694$5,172$1,458
32 years$22,033$15,402$10,532$7,071$4,678$1,254
33 years$21,132$14,586$9,834$6,502$4,234$1,079
34 years$20,286$13,825$9,188$5,983$3,833$929
35 years$19,491$13,112$8,591$5,507$3,472$799
36 years$18,741$12,446$8,036$5,072$3,146$688
37 years$18,034$11,820$7,522$4,673$2,851$592
38 years$17,365$11,234$7,044$4,308$2,585$510
39 years$16,732$10,682$6,599$3,972$2,344$439
40 years$16,132$10,163$6,186$3,663$2,126$378
41 years$15,564$9,674$5,800$3,380$1,929$325
42 years$15,023$9,213$5,441$3,119$1,750$280
43 years$14,509$8,779$5,105$2,879$1,588$241
44 years$14,020$8,368$4,792$2,659$1,442$208
45 years$13,554$7,979$4,500$2,455$1,309$179
46 years$13,109$7,612$4,226$2,268$1,188$154
47 years$12,685$7,264$3,971$2,095$1,079$133
48 years$12,280$6,935$3,731$1,936$980$114
49 years$11,892$6,622$3,507$1,789$890$98
50 years$11,521$6,326$3,297$1,654$808$85

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $11,800,000, adding $2,953 every year, while hoping to spend $35,899 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: 57/30/13 Blend
29$11,800,000$11,800,000$11,800,000$11,800,000
30$13,006,646$12,381,246$12,198,346$13,705,046
31$14,295,128$12,949,731$12,568,794$14,746,251
32$15,713,831$13,544,868$12,950,450$15,876,055
33$17,276,002$14,167,926$13,343,649$17,106,317
34$18,996,233$14,820,234$13,748,741$18,446,669
35$20,890,608$15,503,184$14,166,082$19,907,700
36$22,976,846$16,218,237$14,596,043$21,501,050
37$25,274,476$16,966,922$15,039,002$23,239,517
38$27,805,015$17,750,844$15,495,351$25,137,174
39$30,592,174$18,571,683$15,965,493$27,209,500
40$33,662,082$19,431,201$16,449,842$29,473,515
41$37,043,529$20,331,244$16,948,827$31,947,945
42$40,768,243$21,273,750$17,462,887$34,653,387
43$44,871,186$22,260,745$17,992,475$37,612,500
44$49,390,883$23,294,358$18,538,059$40,850,217
45$54,369,789$24,376,817$19,100,120$44,393,972
46$59,854,685$25,510,459$19,679,152$48,273,951
47$65,897,125$26,697,734$20,275,666$52,523,377
48$72,553,918$27,941,209$20,890,187$57,178,813
49$79,887,665$29,243,576$21,523,256$62,280,502
50$87,967,352$30,607,656$22,175,430$67,872,737
51$96,868,998$32,036,407$22,847,283$74,004,279
52$106,676,375$33,532,930$23,539,405$80,728,803
53$117,481,796$35,100,474$24,252,406$88,105,400
54$129,386,989$36,742,448$24,986,913$96,199,126
55$142,504,057$38,462,423$25,743,569$105,081,607
56$156,956,534$40,264,144$26,523,041$114,831,709
57$172,880,550$42,151,537$27,326,013$125,536,268
58$190,426,121$44,128,718$28,153,189$137,290,905
59$209,758,561$46,200,000$29,005,296$150,200,916
60$231,060,042$48,369,908$29,883,082$164,382,254
61$254,531,317$50,643,184$30,787,316$179,962,617
62$280,393,611$53,024,800$31,718,790$197,082,637
63$308,890,712$55,519,968$32,678,323$215,897,196
64$340,291,271$58,134,153$33,666,753$236,576,879
65$374,891,339$60,873,085$34,684,948$259,309,566
66$413,017,161$63,742,771$35,733,799$284,302,194
67$455,028,253$66,749,509$36,814,223$311,782,698
68$501,320,803$69,899,903$37,927,167$342,002,142
69$552,331,402$73,200,875$39,073,605$375,237,078
70$608,541,172$76,659,685$40,254,538$411,792,137
71$670,480,306$80,283,944$41,470,999$452,002,888
72$738,733,072$84,081,632$42,724,052$496,238,987
73$813,943,328$88,061,115$44,014,790$544,907,649
74$896,820,604$92,231,166$45,344,343$598,457,470
75$988,146,797$96,600,984$46,713,869$657,382,642
76$1,088,783,552$101,180,214$48,124,565$722,227,595
77$1,199,680,398$105,978,969$49,577,662$793,592,113
78$1,321,883,711$111,007,851$51,074,427$872,136,976
79$1,456,546,594$116,277,979$52,616,164$958,590,168
80$1,604,939,759$121,801,013$54,204,218$1,053,753,724
81$1,768,463,527$127,589,176$55,839,972$1,158,511,275
82$1,948,661,047$133,655,285$57,524,851$1,273,836,360
83$2,147,232,863$140,012,783$59,260,323$1,400,801,586
84$2,366,052,968$146,675,763$61,047,897$1,540,588,721
85$2,607,186,498$153,659,002$62,889,128$1,694,499,822
86$2,872,909,226$160,977,998$64,785,619$1,863,969,483
87$3,165,729,048$168,649,001$66,739,018$2,050,578,351
88$3,488,409,659$176,689,050$68,751,023$2,256,068,003
89$3,843,996,644$185,116,013$70,823,382$2,482,357,353
90$4,235,846,231$193,948,628$72,957,895$2,731,560,720
91$4,667,656,977$203,206,541$75,156,415$3,006,007,749
92$5,143,504,683$212,910,356$77,420,850$3,308,265,353
93$5,667,880,877$223,081,679$79,753,164$3,641,161,905
94$6,245,735,212$233,743,167$82,155,380$4,007,813,882
95$6,882,522,199$244,918,578$84,629,581$4,411,655,238
96$7,584,252,701$256,632,826$87,177,911$4,856,469,767
97$8,357,550,682$268,912,040$89,802,576$5,346,426,764
98$9,209,715,740$281,783,618$92,505,850$5,886,120,326
99$10,148,792,022$295,276,292$95,290,073$6,480,612,663
100$11,183,644,172$309,420,194$98,157,654$7,135,481,817