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%11.1%
1 years$974,433$965,753$957,285$949,019$940,949$936,590
2 years$482,393$473,408$464,701$456,259$448,071$443,671
3 years$318,401$309,378$300,693$292,330$284,274$279,970
4 years$236,421$227,425$218,827$210,607$202,747$198,571
5 years$187,245$178,304$169,819$161,766$154,125$150,090
6 years$154,473$145,599$137,239$129,366$121,954$118,065
7 years$131,073$122,274$114,046$106,359$99,181$95,440
8 years$113,531$104,811$96,720$89,222$82,280$78,687
9 years$99,894$91,257$83,305$75,997$69,292$65,846
10 years$88,992$80,438$72,627$65,510$59,040$55,740
11 years$80,077$71,610$63,940$57,014$50,777$47,620
12 years$72,653$64,273$56,745$50,009$44,002$40,987
13 years$66,377$58,084$50,698$44,150$38,370$35,494
14 years$61,001$52,797$45,552$39,192$33,635$30,894
15 years$56,347$48,231$41,128$34,952$29,615$27,005
16 years$52,278$44,251$37,288$31,296$26,174$23,692
17 years$48,692$40,753$33,931$28,119$23,208$20,851
18 years$45,508$37,658$30,974$25,341$20,635$18,399
19 years$42,662$34,901$28,356$22,898$18,393$16,273
20 years$40,104$32,432$26,023$20,738$16,429$14,421
21 years$37,793$30,209$23,936$18,821$14,702$12,803
22 years$35,695$28,199$22,061$17,113$13,178$11,384
23 years$33,782$26,374$20,370$15,585$11,829$10,136
24 years$32,031$24,711$18,838$14,214$10,633$9,035
25 years$30,422$23,190$17,448$12,981$9,568$8,062
26 years$28,940$21,795$16,182$11,870$8,618$7,201
27 years$27,570$20,511$15,027$10,864$7,770$6,437
28 years$26,300$19,328$13,969$9,954$7,011$5,758
29 years$25,119$18,233$13,000$9,128$6,331$5,154
30 years$24,020$17,219$12,109$8,377$5,720$4,617
31 years$22,993$16,278$11,289$7,694$5,172$4,137
32 years$22,033$15,402$10,532$7,071$4,678$3,709
33 years$21,132$14,586$9,834$6,502$4,234$3,326
34 years$20,286$13,825$9,188$5,983$3,833$2,985
35 years$19,491$13,112$8,591$5,507$3,472$2,679
36 years$18,741$12,446$8,036$5,072$3,146$2,405
37 years$18,034$11,820$7,522$4,673$2,851$2,160
38 years$17,365$11,234$7,044$4,308$2,585$1,940
39 years$16,732$10,682$6,599$3,972$2,344$1,743
40 years$16,132$10,163$6,186$3,663$2,126$1,566
41 years$15,564$9,674$5,800$3,380$1,929$1,407
42 years$15,023$9,213$5,441$3,119$1,750$1,265
43 years$14,509$8,779$5,105$2,879$1,588$1,137
44 years$14,020$8,368$4,792$2,659$1,442$1,023
45 years$13,554$7,979$4,500$2,455$1,309$920
46 years$13,109$7,612$4,226$2,268$1,188$827
47 years$12,685$7,264$3,971$2,095$1,079$744
48 years$12,280$6,935$3,731$1,936$980$669
49 years$11,892$6,622$3,507$1,789$890$602
50 years$11,521$6,326$3,297$1,654$808$541

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 $3,566 every year, while hoping to spend $55,201 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: 55/18/27 Blend
29$11,800,000$11,800,000$11,800,000$11,800,000
30$13,007,278$12,381,878$12,198,978$13,625,450
31$14,275,287$12,929,857$12,548,911$14,599,722
32$15,670,783$13,502,836$12,908,716$15,654,261
33$17,206,711$14,101,983$13,278,666$16,801,692
34$18,897,335$14,728,520$13,659,041$18,050,969
35$20,758,372$15,383,727$14,050,128$19,411,941
36$22,807,141$16,068,944$14,452,221$20,895,439
37$25,062,724$16,785,576$14,865,625$22,513,380
38$27,546,147$17,535,095$15,290,649$24,278,873
39$30,280,581$18,319,042$15,727,613$26,206,341
40$33,291,556$19,139,031$16,176,844$28,311,654
41$36,607,205$19,996,754$16,638,678$30,612,278
42$40,258,527$20,893,982$17,113,461$33,127,431
43$44,279,682$21,832,572$17,601,547$35,878,268
44$48,708,310$22,814,469$18,103,300$38,888,071
45$53,585,890$23,841,709$18,619,092$42,182,470
46$58,958,126$24,916,429$19,149,307$45,789,676
47$64,875,385$26,040,864$19,694,339$49,740,749
48$71,393,165$27,217,357$20,254,590$54,069,881
49$78,572,624$28,448,364$20,830,476$58,814,720
50$86,481,155$29,736,457$21,422,420$64,016,716
51$95,193,021$31,084,332$22,030,859$69,721,513
52$104,790,057$32,494,812$22,656,241$75,979,367
53$115,362,443$33,970,857$23,299,024$82,845,625
54$127,009,551$35,515,568$23,959,680$90,381,233
55$139,840,888$37,132,194$24,638,693$98,653,312
56$153,977,128$38,824,141$25,336,558$107,735,784
57$169,551,246$40,594,975$26,053,784$117,710,062
58$186,709,781$42,448,437$26,790,894$128,665,814
59$205,614,213$44,388,444$27,548,423$140,701,802
60$226,442,487$46,419,102$28,326,919$153,926,810
61$249,390,698$48,544,715$29,126,948$168,460,659
62$274,674,934$50,769,792$29,949,086$184,435,335
63$302,533,325$53,099,058$30,793,928$201,996,224
64$333,228,279$55,537,468$31,662,080$221,303,479
65$367,048,971$58,090,211$32,554,167$242,533,522
66$404,314,062$60,762,728$33,470,828$265,880,701
67$445,374,715$63,560,720$34,412,719$291,559,115
68$490,617,904$66,490,163$35,380,513$319,804,625
69$540,470,070$69,557,320$36,374,899$350,877,073
70$595,401,144$72,768,756$37,396,586$385,062,722
71$655,928,986$76,131,351$38,446,297$422,676,948
72$722,624,272$79,652,316$39,524,777$464,067,207
73$796,115,878$83,339,210$40,632,788$509,616,301
74$877,096,822$87,199,956$41,771,111$559,745,984
75$966,330,802$91,242,858$42,940,547$614,920,925
76$1,064,659,406$95,476,620$44,141,917$675,653,083
77$1,173,010,058$99,910,367$45,376,064$742,506,528
78$1,292,404,771$104,553,662$46,643,849$816,102,749
79$1,423,969,797$109,416,531$47,946,157$897,126,509
80$1,568,946,257$114,509,482$49,283,895$986,332,288
81$1,728,701,860$119,843,531$50,657,990$1,084,551,394
82$1,904,743,812$125,430,226$52,069,394$1,192,699,791
83$2,098,733,045$131,281,671$53,519,083$1,311,786,729
84$2,312,499,899$137,410,556$55,008,056$1,442,924,252
85$2,548,061,398$143,830,184$56,537,336$1,587,337,677
86$2,807,640,296$150,554,497$58,107,971$1,746,377,140
87$3,093,686,055$157,598,117$59,721,037$1,921,530,322
88$3,408,897,974$164,976,366$61,377,634$2,114,436,470
89$3,756,250,672$172,705,312$63,078,889$2,326,901,848
90$4,139,022,165$180,801,798$64,825,956$2,560,916,766
91$4,560,824,820$189,283,479$66,620,020$2,818,674,343
92$5,025,639,451$198,168,869$68,462,289$3,102,591,186
93$5,537,852,904$207,477,373$70,354,006$3,415,330,173
94$6,102,299,474$217,229,338$72,296,439$3,759,825,568
95$6,724,306,540$227,446,096$74,290,889$4,139,310,686
96$7,409,744,861$238,150,008$76,338,688$4,557,348,389
97$8,165,084,001$249,364,523$78,441,198$5,017,864,688
98$8,997,453,406$261,114,221$80,599,815$5,525,185,774
99$9,914,709,712$273,424,876$82,815,967$6,084,078,818
100$10,925,510,916$286,323,509$85,091,115$6,699,796,944