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%13.4%
1 years$974,433$965,753$957,285$949,019$940,949$927,653
2 years$482,393$473,408$464,701$456,259$448,071$434,702
3 years$318,401$309,378$300,693$292,330$284,274$271,247
4 years$236,421$227,425$218,827$210,607$202,747$190,162
5 years$187,245$178,304$169,819$161,766$154,125$142,019
6 years$154,473$145,599$137,239$129,366$121,954$110,340
7 years$131,073$122,274$114,046$106,359$99,181$88,065
8 years$113,531$104,811$96,720$89,222$82,280$71,660
9 years$99,894$91,257$83,305$75,997$69,292$59,162
10 years$88,992$80,438$72,627$65,510$59,040$49,393
11 years$80,077$71,610$63,940$57,014$50,777$41,603
12 years$72,653$64,273$56,745$50,009$44,002$35,291
13 years$66,377$58,084$50,698$44,150$38,370$30,111
14 years$61,001$52,797$45,552$39,192$33,635$25,814
15 years$56,347$48,231$41,128$34,952$29,615$22,218
16 years$52,278$44,251$37,288$31,296$26,174$19,188
17 years$48,692$40,753$33,931$28,119$23,208$16,617
18 years$45,508$37,658$30,974$25,341$20,635$14,426
19 years$42,662$34,901$28,356$22,898$18,393$12,549
20 years$40,104$32,432$26,023$20,738$16,429$10,936
21 years$37,793$30,209$23,936$18,821$14,702$9,544
22 years$35,695$28,199$22,061$17,113$13,178$8,341
23 years$33,782$26,374$20,370$15,585$11,829$7,297
24 years$32,031$24,711$18,838$14,214$10,633$6,391
25 years$30,422$23,190$17,448$12,981$9,568$5,602
26 years$28,940$21,795$16,182$11,870$8,618$4,913
27 years$27,570$20,511$15,027$10,864$7,770$4,313
28 years$26,300$19,328$13,969$9,954$7,011$3,788
29 years$25,119$18,233$13,000$9,128$6,331$3,328
30 years$24,020$17,219$12,109$8,377$5,720$2,926
31 years$22,993$16,278$11,289$7,694$5,172$2,573
32 years$22,033$15,402$10,532$7,071$4,678$2,263
33 years$21,132$14,586$9,834$6,502$4,234$1,991
34 years$20,286$13,825$9,188$5,983$3,833$1,753
35 years$19,491$13,112$8,591$5,507$3,472$1,543
36 years$18,741$12,446$8,036$5,072$3,146$1,359
37 years$18,034$11,820$7,522$4,673$2,851$1,197
38 years$17,365$11,234$7,044$4,308$2,585$1,054
39 years$16,732$10,682$6,599$3,972$2,344$929
40 years$16,132$10,163$6,186$3,663$2,126$818
41 years$15,564$9,674$5,800$3,380$1,929$721
42 years$15,023$9,213$5,441$3,119$1,750$635
43 years$14,509$8,779$5,105$2,879$1,588$560
44 years$14,020$8,368$4,792$2,659$1,442$493
45 years$13,554$7,979$4,500$2,455$1,309$435
46 years$13,109$7,612$4,226$2,268$1,188$383
47 years$12,685$7,264$3,971$2,095$1,079$338
48 years$12,280$6,935$3,731$1,936$980$298
49 years$11,892$6,622$3,507$1,789$890$263
50 years$11,521$6,326$3,297$1,654$808$232

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 $5,948 every year, while hoping to spend $33,857 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: 63/31/6 Blend
29$11,800,000$11,800,000$11,800,000$11,800,000
30$13,009,735$12,384,335$12,201,435$13,815,512
31$14,300,705$12,955,144$12,574,160$14,923,949
32$15,722,218$13,552,788$12,958,236$16,129,106
33$17,287,556$14,178,546$13,354,008$17,443,984
34$19,011,350$14,833,758$13,761,831$18,879,202
35$20,909,726$15,519,831$14,182,071$20,446,433
36$23,000,452$16,238,236$14,615,104$22,158,516
37$25,303,107$16,990,519$15,061,319$24,029,569
38$27,839,266$17,778,296$15,521,115$26,075,123
39$30,632,703$18,603,265$15,994,904$28,312,261
40$33,709,617$19,467,202$16,483,111$30,759,775
41$37,098,875$20,371,973$16,986,173$33,438,341
42$40,832,291$21,319,530$17,504,540$36,370,708
43$44,944,919$22,311,921$18,038,676$39,581,909
44$49,475,388$23,351,293$18,589,060$43,099,489
45$54,466,267$24,439,896$19,156,183$46,953,766
46$59,964,465$25,580,089$19,740,553$51,178,103
47$66,021,671$26,774,344$20,342,692$55,809,224
48$72,694,848$28,025,254$20,963,140$60,887,554
49$80,046,768$29,335,536$21,602,450$66,457,588
50$88,146,599$30,708,039$22,261,193$72,568,312
51$97,070,568$32,145,748$22,939,959$79,273,652
52$106,902,672$33,651,796$23,639,354$86,632,982
53$117,735,474$35,229,463$24,360,001$94,711,669
54$129,670,977$36,882,192$25,102,546$103,581,690
55$142,821,586$38,613,588$25,867,650$113,322,297
56$157,311,167$40,427,434$26,655,996$124,020,758
57$173,276,222$42,327,694$27,468,288$135,773,174
58$190,867,172$44,318,525$28,305,250$148,685,372
59$210,249,776$46,404,286$29,167,629$162,873,897
60$231,606,702$48,589,545$30,056,193$178,467,101
61$255,139,245$50,879,092$30,971,735$195,606,342
62$281,069,230$53,277,950$31,915,071$214,447,309
63$309,641,106$55,791,383$32,887,040$235,161,476
64$341,124,252$58,424,914$33,888,508$257,937,713
65$375,815,521$61,184,330$34,920,369$282,984,051
66$414,042,042$64,075,700$35,983,539$310,529,633
67$456,164,308$67,105,388$37,078,966$340,826,862
68$502,579,580$70,280,064$38,207,623$374,153,772
69$553,725,634$73,606,725$39,370,516$410,816,631
70$610,084,899$77,092,704$40,568,678$451,152,818
71$672,189,005$80,745,693$41,803,176$495,533,992
72$740,623,807$84,573,755$43,075,105$544,369,576
73$816,034,911$88,585,345$44,385,597$598,110,612
74$899,133,773$92,789,328$45,735,816$657,253,988
75$990,704,414$97,195,001$47,126,961$722,347,118
76$1,091,610,818$101,812,110$48,560,268$793,993,076
77$1,202,805,093$106,650,875$50,037,009$872,856,278
78$1,325,336,459$111,722,014$51,558,496$959,668,720
79$1,460,361,149$117,036,765$53,126,077$1,055,236,869
80$1,609,153,330$122,606,910$54,741,144$1,160,449,243
81$1,773,117,126$128,444,805$56,405,129$1,276,284,780
82$1,953,799,880$134,563,407$58,119,507$1,403,822,041
83$2,152,906,756$140,976,302$59,885,799$1,544,249,367
84$2,372,316,840$147,697,736$61,705,568$1,698,876,063
85$2,614,100,882$154,742,649$63,580,429$1,869,144,725
86$2,880,540,839$162,126,706$65,512,040$2,056,644,824
87$3,174,151,424$169,866,334$67,502,113$2,263,127,672
88$3,497,703,845$177,978,760$69,552,409$2,490,522,919
89$3,854,251,965$186,482,047$71,664,743$2,740,956,728
90$4,247,161,137$195,395,139$73,840,983$3,016,771,805
91$4,680,139,971$204,737,899$76,083,055$3,320,549,470
92$5,157,275,352$214,531,160$78,392,941$3,655,133,980
93$5,683,071,016$224,796,765$80,772,682$4,023,659,331
94$6,262,490,075$235,557,622$83,224,383$4,429,578,792
95$6,901,001,872$246,837,754$85,750,209$4,876,697,457
96$7,604,633,613$258,662,354$88,352,391$5,369,208,105
97$8,380,027,272$271,057,841$91,033,227$5,911,730,728
98$9,234,502,297$284,051,918$93,795,083$6,509,356,082
99$10,176,124,710$297,673,641$96,640,397$7,167,693,683
100$11,213,783,259$311,953,478$99,571,680$7,892,924,698