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%12.2%
1 years$974,433$965,753$957,285$949,019$940,949$932,286
2 years$482,393$473,408$464,701$456,259$448,071$439,343
3 years$318,401$309,378$300,693$292,330$284,274$275,752
4 years$236,421$227,425$218,827$210,607$202,747$194,496
5 years$187,245$178,304$169,819$161,766$154,125$146,169
6 years$154,473$145,599$137,239$129,366$121,954$114,303
7 years$131,073$122,274$114,046$106,359$99,181$91,839
8 years$113,531$104,811$96,720$89,222$82,280$75,246
9 years$99,894$91,257$83,305$75,997$69,292$62,564
10 years$88,992$80,438$72,627$65,510$59,040$52,614
11 years$80,077$71,610$63,940$57,014$50,777$44,647
12 years$72,653$64,273$56,745$50,009$44,002$38,164
13 years$66,377$58,084$50,698$44,150$38,370$32,817
14 years$61,001$52,797$45,552$39,192$33,635$28,359
15 years$56,347$48,231$41,128$34,952$29,615$24,608
16 years$52,278$44,251$37,288$31,296$26,174$21,428
17 years$48,692$40,753$33,931$28,119$23,208$18,715
18 years$45,508$37,658$30,974$25,341$20,635$16,387
19 years$42,662$34,901$28,356$22,898$18,393$14,380
20 years$40,104$32,432$26,023$20,738$16,429$12,642
21 years$37,793$30,209$23,936$18,821$14,702$11,133
22 years$35,695$28,199$22,061$17,113$13,178$9,818
23 years$33,782$26,374$20,370$15,585$11,829$8,669
24 years$32,031$24,711$18,838$14,214$10,633$7,663
25 years$30,422$23,190$17,448$12,981$9,568$6,780
26 years$28,940$21,795$16,182$11,870$8,618$6,004
27 years$27,570$20,511$15,027$10,864$7,770$5,321
28 years$26,300$19,328$13,969$9,954$7,011$4,718
29 years$25,119$18,233$13,000$9,128$6,331$4,186
30 years$24,020$17,219$12,109$8,377$5,720$3,716
31 years$22,993$16,278$11,289$7,694$5,172$3,300
32 years$22,033$15,402$10,532$7,071$4,678$2,932
33 years$21,132$14,586$9,834$6,502$4,234$2,606
34 years$20,286$13,825$9,188$5,983$3,833$2,317
35 years$19,491$13,112$8,591$5,507$3,472$2,060
36 years$18,741$12,446$8,036$5,072$3,146$1,833
37 years$18,034$11,820$7,522$4,673$2,851$1,631
38 years$17,365$11,234$7,044$4,308$2,585$1,451
39 years$16,732$10,682$6,599$3,972$2,344$1,291
40 years$16,132$10,163$6,186$3,663$2,126$1,150
41 years$15,564$9,674$5,800$3,380$1,929$1,024
42 years$15,023$9,213$5,441$3,119$1,750$911
43 years$14,509$8,779$5,105$2,879$1,588$812
44 years$14,020$8,368$4,792$2,659$1,442$723
45 years$13,554$7,979$4,500$2,455$1,309$644
46 years$13,109$7,612$4,226$2,268$1,188$573
47 years$12,685$7,264$3,971$2,095$1,079$511
48 years$12,280$6,935$3,731$1,936$980$455
49 years$11,892$6,622$3,507$1,789$890$405
50 years$11,521$6,326$3,297$1,654$808$361

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 $5,829 every year, while hoping to spend $36,632 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: 58/22/20 Blend
29$11,800,000$11,800,000$11,800,000$11,800,000
30$13,009,613$12,384,213$12,201,313$13,694,803
31$14,297,617$12,952,063$12,571,080$14,728,971
32$15,715,770$13,546,510$12,952,008$15,851,416
33$17,277,308$14,168,819$13,344,430$17,074,316
34$18,996,817$14,820,314$13,748,691$18,407,371
35$20,890,368$15,502,385$14,165,148$19,861,246
36$22,975,672$16,216,488$14,594,167$21,447,674
37$25,272,242$16,964,148$15,036,124$23,179,558
38$27,801,585$17,746,965$15,491,407$25,071,091
39$30,587,394$18,566,614$15,960,417$27,137,889
40$33,655,783$19,424,853$16,443,566$29,397,132
41$37,035,524$20,323,522$16,941,277$31,867,723
42$40,758,325$21,264,552$17,453,987$34,570,465
43$44,859,125$22,249,966$17,982,146$37,528,249
44$49,376,424$23,281,883$18,526,217$40,766,268
45$54,352,651$24,362,527$19,086,677$44,312,252
46$59,834,558$25,494,227$19,664,017$48,196,723
47$65,873,664$26,679,425$20,258,742$52,453,277
48$72,526,743$27,920,682$20,871,375$57,118,902
49$79,856,355$29,220,680$21,502,451$62,234,313
50$87,931,442$30,582,232$22,152,522$67,844,339
51$96,827,975$32,008,287$22,822,157$73,998,335
52$106,629,671$33,501,936$23,511,942$80,750,645
53$117,428,786$35,066,419$24,222,480$88,161,107
54$129,326,981$36,705,133$24,954,392$96,295,612
55$142,436,286$38,421,638$25,708,318$105,226,719
56$156,880,156$40,219,667$26,484,915$115,034,333
57$172,794,635$42,103,133$27,284,863$125,806,452
58$190,329,641$44,076,140$28,108,859$137,639,987
59$209,650,381$46,142,988$28,957,622$150,641,675
60$230,938,911$48,308,185$29,831,894$164,929,072
61$254,395,853$50,576,459$30,732,435$180,631,657
62$280,242,289$52,952,765$31,660,031$197,892,042
63$308,721,852$55,442,299$32,615,491$216,867,313
64$340,103,017$58,050,509$33,599,647$237,730,500
65$374,681,645$60,783,103$34,613,355$260,672,199
66$412,783,768$63,646,071$35,657,498$285,902,363
67$454,768,673$66,645,689$36,732,984$313,652,268
68$501,032,288$69,788,538$37,840,750$344,176,690
69$552,010,924$73,081,520$38,981,758$377,756,292
70$608,185,392$76,531,867$40,157,000$414,700,264
71$670,085,539$80,147,166$41,367,497$455,349,226
72$738,295,257$83,935,370$42,614,301$500,078,431
73$813,457,987$87,904,817$43,898,494$549,301,289
74$896,282,799$92,064,251$45,221,191$603,473,257
75$987,551,083$96,422,837$46,583,539$663,096,122
76$1,088,123,926$100,990,189$47,986,720$728,722,720
77$1,198,950,242$105,776,384$49,431,951$800,962,135
78$1,321,075,729$110,791,989$50,920,484$880,485,435
79$1,455,652,742$116,048,085$52,453,608$968,031,981
80$1,603,951,169$121,556,288$54,032,651$1,064,416,392
81$1,767,370,424$127,328,782$55,658,981$1,170,536,212
82$1,947,452,655$133,378,340$57,334,004$1,287,380,358
83$2,145,897,302$139,718,355$59,059,170$1,416,038,437
84$2,364,577,144$146,362,872$60,835,970$1,557,711,003
85$2,605,555,977$153,326,617$62,665,939$1,713,720,869
86$2,871,108,098$160,625,033$64,550,659$1,885,525,565
87$3,163,739,776$168,274,311$66,491,758$2,074,731,071
88$3,486,212,913$176,291,432$68,490,911$2,283,106,952
89$3,841,571,117$184,694,199$70,549,844$2,512,603,025
90$4,233,168,439$193,501,283$72,670,332$2,765,367,742
91$4,664,701,036$202,732,262$74,854,204$3,043,768,435
92$5,140,242,065$212,407,666$77,103,343$3,350,413,630
93$5,664,280,136$222,549,022$79,419,686$3,688,177,638
94$6,241,761,692$233,178,906$81,805,228$4,060,227,649
95$6,878,137,704$244,320,992$84,262,022$4,470,053,595
96$7,579,415,133$256,000,104$86,792,183$4,921,501,051
97$8,352,213,643$268,242,275$89,397,887$5,418,807,500
98$9,203,828,092$281,074,804$92,081,374$5,966,642,288
99$10,142,297,408$294,526,320$94,844,951$6,570,150,660
100$11,176,480,478$308,626,845$97,690,991$7,235,002,282