Can I retire at age 30 with 11,900,000?

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 $11,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$982,691$973,938$965,398$957,062$948,923$915,254
2 years$486,481$477,420$468,640$460,126$451,868$418,306
3 years$321,099$311,999$303,241$294,807$286,684$254,284
4 years$238,424$229,353$220,682$212,392$204,465$173,474
5 years$188,832$179,815$171,258$163,137$155,431$125,931
6 years$155,782$146,833$138,402$130,462$122,987$95,000
7 years$132,184$123,310$115,013$107,260$100,022$73,541
8 years$114,493$105,699$97,540$89,978$82,978$57,981
9 years$100,741$92,030$84,011$76,641$69,879$46,335
10 years$89,746$81,120$73,243$66,065$59,541$37,409
11 years$80,756$72,217$64,482$57,497$51,207$30,441
12 years$73,269$64,818$57,226$50,432$44,375$24,926
13 years$66,939$58,576$51,128$44,524$38,696$20,511
14 years$61,518$53,244$45,938$39,524$33,920$16,946
15 years$56,825$48,640$41,476$35,248$29,866$14,045
16 years$52,721$44,626$37,604$31,561$26,396$11,672
17 years$49,105$41,099$34,218$28,357$23,404$9,720
18 years$45,894$37,977$31,237$25,556$20,810$8,110
19 years$43,024$35,197$28,596$23,092$18,548$6,776
20 years$40,444$32,707$26,244$20,914$16,568$5,668
21 years$38,113$30,465$24,139$18,981$14,826$4,746
22 years$35,997$28,438$22,248$17,258$13,290$3,978
23 years$34,068$26,597$20,542$15,717$11,930$3,336
24 years$32,302$24,920$18,998$14,335$10,723$2,800
25 years$30,680$23,386$17,596$13,091$9,649$2,351
26 years$29,185$21,979$16,319$11,970$8,691$1,974
27 years$27,803$20,685$15,154$10,957$7,836$1,659
28 years$26,523$19,491$14,088$10,039$7,070$1,394
29 years$25,332$18,388$13,110$9,206$6,384$1,172
30 years$24,223$17,365$12,211$8,448$5,769$986
31 years$23,188$16,416$11,384$7,759$5,215$829
32 years$22,219$15,533$10,622$7,131$4,718$697
33 years$21,311$14,710$9,917$6,557$4,270$586
34 years$20,458$13,942$9,266$6,033$3,866$493
35 years$19,656$13,223$8,663$5,554$3,501$415
36 years$18,900$12,551$8,104$5,115$3,172$349
37 years$18,186$11,921$7,586$4,713$2,875$294
38 years$17,512$11,329$7,104$4,344$2,607$247
39 years$16,874$10,773$6,655$4,005$2,364$208
40 years$16,269$10,249$6,238$3,694$2,144$175
41 years$15,695$9,756$5,849$3,409$1,945$147
42 years$15,150$9,292$5,487$3,146$1,765$124
43 years$14,632$8,853$5,149$2,904$1,602$104
44 years$14,139$8,439$4,833$2,681$1,454$88
45 years$13,669$8,047$4,538$2,476$1,320$74
46 years$13,221$7,677$4,262$2,287$1,198$62
47 years$12,793$7,326$4,004$2,113$1,088$52
48 years$12,384$6,994$3,763$1,953$988$44
49 years$11,993$6,678$3,537$1,805$898$37
50 years$11,619$6,379$3,325$1,668$815$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $11,900,000, adding $5,898 every year, while hoping to spend $24,619 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: 23/50/27 Blend
29$11,900,000$11,900,000$11,900,000$11,900,000
30$13,119,884$12,489,184$12,304,734$13,309,170
31$14,431,918$13,074,959$12,690,748$14,058,513
32$15,876,954$13,688,613$13,088,868$14,857,774
33$17,468,532$14,331,484$13,499,475$15,712,987
34$19,221,574$15,004,978$13,922,959$16,628,782
35$21,152,520$15,710,568$14,359,724$17,610,210
36$23,279,489$16,449,798$14,810,186$18,662,790
37$25,622,445$17,224,286$15,274,776$19,792,551
38$28,203,389$18,035,730$15,753,935$21,006,083
39$31,046,564$18,885,910$16,248,121$22,310,592
40$34,178,685$19,776,691$16,757,804$23,713,960
41$37,629,191$20,710,030$17,283,472$25,224,808
42$41,430,524$21,687,977$17,825,624$26,852,576
43$45,618,433$22,712,683$18,384,777$28,607,597
44$50,232,311$23,786,403$18,961,465$30,501,187
45$55,315,570$24,911,499$19,556,237$32,545,741
46$60,916,047$26,090,452$20,169,661$34,754,844
47$67,086,460$27,325,860$20,802,320$37,143,383
48$73,884,899$28,620,447$21,454,818$39,727,680
49$81,375,381$29,977,071$22,127,776$42,525,633
50$89,628,450$31,398,728$22,821,837$45,556,871
51$98,721,844$32,888,558$23,537,661$48,842,931
52$108,741,231$34,449,856$24,275,931$52,407,443
53$119,781,012$36,086,075$25,037,351$56,276,343
54$131,945,219$37,800,836$25,822,645$60,478,101
55$145,348,491$39,597,937$26,632,564$65,043,973
56$160,117,160$41,481,358$27,467,877$70,008,284
57$176,390,441$43,455,276$28,329,382$75,408,730
58$194,321,749$45,524,067$29,217,899$81,286,722
59$214,080,144$47,692,323$30,134,275$87,687,754
60$235,851,928$49,964,857$31,079,384$94,661,814
61$259,842,407$52,346,717$32,054,125$102,263,839
62$286,277,823$54,843,196$33,059,428$110,554,207
63$315,407,492$57,459,844$34,096,251$119,599,288
64$347,506,162$60,202,482$35,165,581$129,472,049
65$382,876,600$63,077,213$36,268,437$140,252,714
66$421,852,454$66,090,438$37,405,871$152,029,500
67$464,801,403$69,248,867$38,578,966$164,899,422
68$512,128,624$72,559,540$39,788,839$178,969,180
69$564,280,622$76,029,836$41,036,643$194,356,138
70$621,749,442$79,667,495$42,323,568$211,189,400
71$685,077,317$83,480,633$43,650,839$229,611,000
72$754,861,781$87,477,763$45,019,720$249,777,207
73$831,761,319$91,667,809$46,431,517$271,859,965
74$916,501,573$96,060,131$47,887,573$296,048,482
75$1,009,882,203$100,664,547$49,389,275$322,550,973
76$1,112,784,427$105,491,349$50,938,055$351,596,592
77$1,226,179,346$110,551,333$52,535,388$383,437,547
78$1,351,137,111$115,855,819$54,182,795$418,351,442
79$1,488,837,023$121,416,681$55,881,845$456,643,847
80$1,640,578,669$127,246,369$57,634,158$498,651,139
81$1,807,794,193$133,357,940$59,441,401$544,743,622
82$1,992,061,809$139,765,088$61,305,296$595,328,973
83$2,195,120,710$146,482,173$63,227,620$650,856,037
84$2,418,887,479$153,524,257$65,210,202$711,819,000
85$2,665,474,188$160,907,132$67,254,931$778,762,001
86$2,937,208,339$168,647,365$69,363,754$852,284,198
87$3,236,654,829$176,762,326$71,538,679$933,045,364
88$3,566,640,176$185,270,234$73,781,779$1,021,772,040
89$3,930,279,195$194,190,196$76,095,190$1,119,264,327
90$4,331,004,407$203,542,250$78,481,113$1,226,403,356
91$4,772,598,449$213,347,412$80,941,823$1,344,159,532
92$5,259,229,778$223,627,723$83,479,661$1,473,601,604
93$5,795,492,030$234,406,296$86,097,045$1,615,906,677
94$6,386,447,388$245,707,376$88,796,466$1,772,371,220
95$7,037,674,370$257,556,386$91,580,497$1,944,423,218
96$7,755,320,499$269,979,992$94,451,787$2,133,635,549
97$8,546,160,339$283,006,160$97,413,070$2,341,740,724
98$9,417,659,452$296,664,220$100,467,166$2,570,647,136
99$10,378,044,883$310,984,935$103,616,984$2,822,456,959
100$11,436,382,830$326,000,565$106,865,522$3,099,485,869