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

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 $11,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$974,433$965,753$957,285$949,019$940,949$934,627
2 years$482,393$473,408$464,701$456,259$448,071$441,695
3 years$318,401$309,378$300,693$292,330$284,274$278,042
4 years$236,421$227,425$218,827$210,607$202,747$196,706
5 years$187,245$178,304$169,819$161,766$154,125$148,294
6 years$154,473$145,599$137,239$129,366$121,954$116,339
7 years$131,073$122,274$114,046$106,359$99,181$93,786
8 years$113,531$104,811$96,720$89,222$82,280$77,105
9 years$99,894$91,257$83,305$75,997$69,292$64,334
10 years$88,992$80,438$72,627$65,510$59,040$54,298
11 years$80,077$71,610$63,940$57,014$50,777$46,247
12 years$72,653$64,273$56,745$50,009$44,002$39,680
13 years$66,377$58,084$50,698$44,150$38,370$34,253
14 years$61,001$52,797$45,552$39,192$33,635$29,717
15 years$56,347$48,231$41,128$34,952$29,615$25,890
16 years$52,278$44,251$37,288$31,296$26,174$22,637
17 years$48,692$40,753$33,931$28,119$23,208$19,853
18 years$45,508$37,658$30,974$25,341$20,635$17,457
19 years$42,662$34,901$28,356$22,898$18,393$15,385
20 years$40,104$32,432$26,023$20,738$16,429$13,586
21 years$37,793$30,209$23,936$18,821$14,702$12,017
22 years$35,695$28,199$22,061$17,113$13,178$10,645
23 years$33,782$26,374$20,370$15,585$11,829$9,443
24 years$32,031$24,711$18,838$14,214$10,633$8,385
25 years$30,422$23,190$17,448$12,981$9,568$7,454
26 years$28,940$21,795$16,182$11,870$8,618$6,631
27 years$27,570$20,511$15,027$10,864$7,770$5,905
28 years$26,300$19,328$13,969$9,954$7,011$5,261
29 years$25,119$18,233$13,000$9,128$6,331$4,691
30 years$24,020$17,219$12,109$8,377$5,720$4,184
31 years$22,993$16,278$11,289$7,694$5,172$3,734
32 years$22,033$15,402$10,532$7,071$4,678$3,334
33 years$21,132$14,586$9,834$6,502$4,234$2,978
34 years$20,286$13,825$9,188$5,983$3,833$2,661
35 years$19,491$13,112$8,591$5,507$3,472$2,378
36 years$18,741$12,446$8,036$5,072$3,146$2,126
37 years$18,034$11,820$7,522$4,673$2,851$1,901
38 years$17,365$11,234$7,044$4,308$2,585$1,701
39 years$16,732$10,682$6,599$3,972$2,344$1,521
40 years$16,132$10,163$6,186$3,663$2,126$1,361
41 years$15,564$9,674$5,800$3,380$1,929$1,218
42 years$15,023$9,213$5,441$3,119$1,750$1,090
43 years$14,509$8,779$5,105$2,879$1,588$976
44 years$14,020$8,368$4,792$2,659$1,442$874
45 years$13,554$7,979$4,500$2,455$1,309$782
46 years$13,109$7,612$4,226$2,268$1,188$700
47 years$12,685$7,264$3,971$2,095$1,079$627
48 years$12,280$6,935$3,731$1,936$980$562
49 years$11,892$6,622$3,507$1,789$890$503
50 years$11,521$6,326$3,297$1,654$808$450

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 $6,548 every year, while hoping to spend $31,963 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: 30/45/25 Blend
29$11,800,000$11,800,000$11,800,000$11,800,000
30$13,010,354$12,384,954$12,202,054$13,299,834
31$14,303,402$12,957,809$12,576,815$14,097,048
32$15,727,269$13,557,662$12,963,058$14,950,800
33$17,295,266$14,185,802$13,361,136$15,868,615
34$19,022,059$14,843,582$13,771,410$16,856,071
35$20,923,809$15,532,418$14,194,252$17,919,278
36$23,018,324$16,253,793$14,630,046$19,064,923
37$25,325,229$17,009,265$15,079,189$20,300,330
38$27,866,148$17,800,465$15,542,087$21,633,523
39$30,664,910$18,629,102$16,019,162$23,073,298
40$33,747,773$19,496,970$16,510,846$24,629,292
41$37,143,671$20,405,947$17,017,585$26,312,074
42$40,884,491$21,358,003$17,539,839$28,133,233
43$45,005,367$22,355,204$18,078,081$30,105,483
44$49,545,018$23,399,712$18,632,801$32,242,773
45$54,546,110$24,493,799$19,204,500$34,560,408
46$60,055,660$25,639,841$19,793,697$37,075,190
47$66,125,478$26,840,335$20,400,927$39,805,562
48$72,812,659$28,097,892$21,026,740$42,771,775
49$80,180,116$29,415,256$21,671,702$45,996,071
50$88,297,182$30,795,297$22,336,398$49,502,877
51$97,240,258$32,241,030$23,021,431$53,319,029
52$107,093,535$33,755,611$23,727,420$57,474,012
53$117,949,792$35,342,353$24,455,005$62,000,227
54$129,911,268$37,004,725$25,204,844$66,933,283
55$143,090,628$38,746,367$25,977,617$72,312,320
56$157,612,028$40,571,095$26,774,023$78,180,367
57$173,612,285$42,482,908$27,594,783$84,584,729
58$191,242,168$44,486,001$28,440,638$91,577,422
59$210,667,825$46,584,771$29,312,355$99,215,649
60$232,072,345$48,783,827$30,210,721$107,562,319
61$255,657,493$51,088,003$31,136,549$116,686,628
62$281,645,611$53,502,368$32,090,676$126,664,688
63$310,281,714$56,032,235$33,073,965$137,580,236
64$341,835,809$58,683,176$34,087,304$149,525,394
65$376,605,442$61,461,031$35,131,608$162,601,525
66$414,918,502$64,371,927$36,207,822$176,920,165
67$457,136,322$67,422,284$37,316,917$192,604,054
68$503,657,087$70,618,837$38,459,894$209,788,268
69$554,919,596$73,968,646$39,637,787$228,621,475
70$611,407,400$77,479,114$40,851,658$249,267,306
71$673,653,369$81,158,005$42,102,602$271,905,876
72$742,244,723$85,013,457$43,391,750$296,735,453
73$817,828,574$89,054,006$44,720,263$323,974,303
74$901,118,037$93,288,601$46,089,340$353,862,716
75$992,898,960$97,726,626$47,500,216$386,665,242
76$1,094,037,345$102,377,921$48,954,164$422,673,155
77$1,205,487,519$107,252,804$50,452,493$462,207,166
78$1,328,301,149$112,362,095$51,996,555$505,620,412
79$1,463,637,168$117,717,139$53,587,741$553,301,752
80$1,612,772,713$123,329,833$55,227,485$605,679,394
81$1,777,115,188$129,212,653$56,917,264$663,224,897
82$1,958,215,544$135,378,680$58,658,599$726,457,573
83$2,157,782,927$141,841,632$60,453,060$795,949,348
84$2,377,700,808$148,615,896$62,302,260$872,330,106
85$2,620,044,771$155,716,555$64,207,866$956,293,585
86$2,887,102,100$163,159,428$66,171,592$1,048,603,873
87$3,181,393,378$170,961,104$68,195,204$1,150,102,562
88$3,505,696,283$179,138,978$70,280,524$1,261,716,633
89$3,863,071,808$187,711,293$72,429,426$1,384,467,149
90$4,256,893,165$196,697,178$74,643,844$1,519,478,822
91$4,690,877,622$206,116,695$76,925,767$1,667,990,566
92$5,169,121,607$215,990,880$79,277,248$1,831,367,121
93$5,696,139,374$226,341,797$81,700,399$2,011,111,860
94$6,276,905,626$237,192,580$84,197,397$2,208,880,904
95$6,916,902,476$248,567,493$86,770,487$2,426,498,673
96$7,622,171,208$260,491,979$89,421,977$2,665,975,024
97$8,399,369,308$272,992,723$92,154,250$2,929,524,134
98$9,255,833,318$286,097,707$94,969,758$3,219,585,307
99$10,199,648,099$299,836,278$97,871,028$3,538,845,904
100$11,239,723,162$314,239,212$100,860,665$3,890,266,611