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

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 $11,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$982,691$973,938$965,398$957,062$948,923$912,715
2 years$486,481$477,420$468,640$460,126$451,868$415,816
3 years$321,099$311,999$303,241$294,807$286,684$251,921
4 years$238,424$229,353$220,682$212,392$204,465$171,257
5 years$188,832$179,815$171,258$163,137$155,431$123,863
6 years$155,782$146,833$138,402$130,462$122,987$93,080
7 years$132,184$123,310$115,013$107,260$100,022$71,767
8 years$114,493$105,699$97,540$89,978$82,978$56,348
9 years$100,741$92,030$84,011$76,641$69,879$44,837
10 years$89,746$81,120$73,243$66,065$59,541$36,039
11 years$80,756$72,217$64,482$57,497$51,207$29,193
12 years$73,269$64,818$57,226$50,432$44,375$23,793
13 years$66,939$58,576$51,128$44,524$38,696$19,485
14 years$61,518$53,244$45,938$39,524$33,920$16,019
15 years$56,825$48,640$41,476$35,248$29,866$13,211
16 years$52,721$44,626$37,604$31,561$26,396$10,923
17 years$49,105$41,099$34,218$28,357$23,404$9,050
18 years$45,894$37,977$31,237$25,556$20,810$7,511
19 years$43,024$35,197$28,596$23,092$18,548$6,242
20 years$40,444$32,707$26,244$20,914$16,568$5,194
21 years$38,113$30,465$24,139$18,981$14,826$4,326
22 years$35,997$28,438$22,248$17,258$13,290$3,606
23 years$34,068$26,597$20,542$15,717$11,930$3,007
24 years$32,302$24,920$18,998$14,335$10,723$2,510
25 years$30,680$23,386$17,596$13,091$9,649$2,095
26 years$29,185$21,979$16,319$11,970$8,691$1,750
27 years$27,803$20,685$15,154$10,957$7,836$1,462
28 years$26,523$19,491$14,088$10,039$7,070$1,222
29 years$25,332$18,388$13,110$9,206$6,384$1,021
30 years$24,223$17,365$12,211$8,448$5,769$854
31 years$23,188$16,416$11,384$7,759$5,215$714
32 years$22,219$15,533$10,622$7,131$4,718$597
33 years$21,311$14,710$9,917$6,557$4,270$499
34 years$20,458$13,942$9,266$6,033$3,866$418
35 years$19,656$13,223$8,663$5,554$3,501$349
36 years$18,900$12,551$8,104$5,115$3,172$292
37 years$18,186$11,921$7,586$4,713$2,875$245
38 years$17,512$11,329$7,104$4,344$2,607$205
39 years$16,874$10,773$6,655$4,005$2,364$171
40 years$16,269$10,249$6,238$3,694$2,144$143
41 years$15,695$9,756$5,849$3,409$1,945$120
42 years$15,150$9,292$5,487$3,146$1,765$100
43 years$14,632$8,853$5,149$2,904$1,602$84
44 years$14,139$8,439$4,833$2,681$1,454$70
45 years$13,669$8,047$4,538$2,476$1,320$59
46 years$13,221$7,677$4,262$2,287$1,198$49
47 years$12,793$7,326$4,004$2,113$1,088$41
48 years$12,384$6,994$3,763$1,953$988$34
49 years$11,993$6,678$3,537$1,805$898$29
50 years$11,619$6,379$3,325$1,668$815$24

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 $5,446 every year, while hoping to spend $40,730 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: 63/21/16 Blend
29$11,900,000$11,900,000$11,900,000$11,900,000
30$13,119,418$12,488,718$12,304,268$13,893,611
31$14,414,262$13,057,328$12,673,124$14,982,735
32$15,839,815$13,652,436$13,052,972$16,166,457
33$17,409,366$14,275,296$13,444,137$17,458,139
34$19,137,560$14,927,223$13,846,954$18,868,293
35$21,040,531$15,609,597$14,261,766$20,408,483
36$23,136,059$16,323,861$14,688,930$22,091,429
37$25,443,737$17,071,531$15,128,809$23,931,128
38$27,985,155$17,854,192$15,581,781$25,942,979
39$30,784,100$18,673,507$16,048,230$28,143,930
40$33,866,789$19,531,219$16,528,556$30,552,629
41$37,262,107$20,429,155$17,023,169$33,189,602
42$41,001,886$21,369,228$17,532,489$36,077,440
43$45,121,203$22,353,444$18,056,952$39,241,008
44$49,658,709$23,383,906$18,597,003$42,707,679
45$54,656,998$24,462,818$19,153,103$46,507,585
46$60,163,005$25,592,490$19,725,725$50,673,898
47$66,228,451$26,775,341$20,315,357$55,243,140
48$72,910,331$28,013,910$20,922,499$60,255,522
49$80,271,449$29,310,857$21,547,667$65,755,319
50$88,381,016$30,668,968$22,191,393$71,791,282
51$97,315,297$32,091,165$22,854,222$78,417,095
52$107,158,337$33,580,512$23,536,719$85,691,872
53$118,002,749$35,140,218$24,239,460$93,680,716
54$129,950,591$36,773,650$24,963,043$102,455,320
55$143,114,326$38,484,334$25,708,080$112,094,643
56$157,617,888$40,275,967$26,475,202$122,685,647
57$173,597,850$42,152,427$27,265,058$134,324,108
58$191,204,710$44,117,775$28,078,317$147,115,518
59$210,604,317$46,176,272$28,915,667$161,176,071
60$231,979,430$48,332,382$29,777,814$176,633,751
61$255,531,449$50,590,786$30,665,488$193,629,534
62$281,482,312$52,956,391$31,579,438$212,318,707
63$310,076,594$55,434,339$32,520,435$232,872,328
64$341,583,809$58,030,025$33,489,272$255,478,832
65$376,300,961$60,749,100$34,486,766$280,345,797
66$414,555,345$63,597,491$35,513,759$307,701,894
67$456,707,634$66,581,412$36,571,113$337,799,037
68$503,155,287$69,707,375$37,659,720$370,914,748
69$554,336,300$72,982,210$38,780,494$407,354,766
70$610,733,340$76,413,076$39,934,378$447,455,922
71$672,878,302$80,007,479$41,122,342$491,589,302
72$741,357,331$83,773,288$42,345,382$540,163,741
73$816,816,352$87,718,752$43,604,526$593,629,669
74$899,967,172$91,852,523$44,900,829$652,483,343
75$991,594,195$96,183,667$46,235,378$717,271,523
76$1,092,561,831$100,721,695$47,609,292$788,596,613
77$1,203,822,654$105,476,575$49,023,719$867,122,335
78$1,326,426,396$110,458,758$50,479,845$953,579,973
79$1,461,529,855$115,679,204$51,978,887$1,048,775,263
80$1,610,407,818$121,149,403$53,522,097$1,153,595,977
81$1,774,465,094$126,881,402$55,110,766$1,269,020,284
82$1,955,249,776$132,887,833$56,746,219$1,396,125,967
83$2,154,467,856$139,181,940$58,429,821$1,536,100,571
84$2,373,999,333$145,777,611$60,162,975$1,690,252,596
85$2,615,915,957$152,689,405$61,947,126$1,860,023,822
86$2,882,500,790$159,932,591$63,783,760$2,047,002,897
87$3,176,269,760$167,523,178$65,674,406$2,252,940,311
88$3,499,995,412$175,477,951$67,620,636$2,479,764,887
89$3,856,733,085$183,814,511$69,624,067$2,729,601,971
90$4,249,849,752$192,551,314$71,686,365$3,004,793,459
91$4,683,055,810$201,707,712$73,809,242$3,307,919,879
92$5,160,440,109$211,303,997$75,994,459$3,641,824,717
93$5,686,508,555$221,361,447$78,243,828$4,009,641,231
94$6,266,226,644$231,902,374$80,559,212$4,414,821,990
95$6,905,066,345$242,950,174$82,942,529$4,861,171,436
96$7,609,057,761$254,529,381$85,395,753$5,352,881,759
97$8,384,846,052$266,665,721$87,920,910$5,894,572,431
98$9,239,754,178$279,386,169$90,520,089$6,491,333,779
99$10,181,852,028$292,719,016$93,195,436$7,148,774,992
100$11,220,032,611$306,693,924$95,949,159$7,873,077,031