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%11.2%
1 years$982,691$973,938$965,398$957,062$948,923$944,130
2 years$486,481$477,420$468,640$460,126$451,868$447,031
3 years$321,099$311,999$303,241$294,807$286,684$281,952
4 years$238,424$229,353$220,682$212,392$204,465$199,876
5 years$188,832$179,815$171,258$163,137$155,431$150,997
6 years$155,782$146,833$138,402$130,462$122,987$118,715
7 years$132,184$123,310$115,013$107,260$100,022$95,913
8 years$114,493$105,699$97,540$89,978$82,978$79,032
9 years$100,741$92,030$84,011$76,641$69,879$66,097
10 years$89,746$81,120$73,243$66,065$59,541$55,919
11 years$80,756$72,217$64,482$57,497$51,207$47,744
12 years$73,269$64,818$57,226$50,432$44,375$41,068
13 years$66,939$58,576$51,128$44,524$38,696$35,541
14 years$61,518$53,244$45,938$39,524$33,920$30,915
15 years$56,825$48,640$41,476$35,248$29,866$27,006
16 years$52,721$44,626$37,604$31,561$26,396$23,677
17 years$49,105$41,099$34,218$28,357$23,404$20,822
18 years$45,894$37,977$31,237$25,556$20,810$18,361
19 years$43,024$35,197$28,596$23,092$18,548$16,228
20 years$40,444$32,707$26,244$20,914$16,568$14,371
21 years$38,113$30,465$24,139$18,981$14,826$12,749
22 years$35,997$28,438$22,248$17,258$13,290$11,328
23 years$34,068$26,597$20,542$15,717$11,930$10,078
24 years$32,302$24,920$18,998$14,335$10,723$8,977
25 years$30,680$23,386$17,596$13,091$9,649$8,004
26 years$29,185$21,979$16,319$11,970$8,691$7,144
27 years$27,803$20,685$15,154$10,957$7,836$6,381
28 years$26,523$19,491$14,088$10,039$7,070$5,703
29 years$25,332$18,388$13,110$9,206$6,384$5,101
30 years$24,223$17,365$12,211$8,448$5,769$4,565
31 years$23,188$16,416$11,384$7,759$5,215$4,088
32 years$22,219$15,533$10,622$7,131$4,718$3,662
33 years$21,311$14,710$9,917$6,557$4,270$3,281
34 years$20,458$13,942$9,266$6,033$3,866$2,942
35 years$19,656$13,223$8,663$5,554$3,501$2,638
36 years$18,900$12,551$8,104$5,115$3,172$2,366
37 years$18,186$11,921$7,586$4,713$2,875$2,123
38 years$17,512$11,329$7,104$4,344$2,607$1,906
39 years$16,874$10,773$6,655$4,005$2,364$1,711
40 years$16,269$10,249$6,238$3,694$2,144$1,536
41 years$15,695$9,756$5,849$3,409$1,945$1,379
42 years$15,150$9,292$5,487$3,146$1,765$1,239
43 years$14,632$8,853$5,149$2,904$1,602$1,112
44 years$14,139$8,439$4,833$2,681$1,454$999
45 years$13,669$8,047$4,538$2,476$1,320$898
46 years$13,221$7,677$4,262$2,287$1,198$807
47 years$12,793$7,326$4,004$2,113$1,088$725
48 years$12,384$6,994$3,763$1,953$988$651
49 years$11,993$6,678$3,537$1,805$898$585
50 years$11,619$6,379$3,325$1,668$815$526

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 $4,338 every year, while hoping to spend $35,831 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: 61/9/30 Blend
29$11,900,000$11,900,000$11,900,000$11,900,000
30$13,118,275$12,487,575$12,303,125$13,811,559
31$14,418,215$13,061,342$12,677,155$14,858,809
32$15,849,548$13,662,023$13,062,515$15,997,263
33$17,425,638$14,290,898$13,459,546$17,239,309
34$19,161,212$14,949,311$13,868,600$18,595,082
35$21,072,496$15,638,668$14,290,038$20,075,736
36$23,177,372$16,360,444$14,724,236$21,693,546
37$25,495,543$17,116,185$15,171,577$23,462,021
38$28,048,721$17,907,510$15,632,457$25,396,034
39$30,860,830$18,736,118$16,107,284$27,511,954
40$33,958,236$19,603,789$16,596,479$29,827,802
41$37,369,990$20,512,388$17,100,475$32,363,418
42$41,128,105$21,463,872$17,619,717$35,140,644
43$45,267,859$22,460,288$18,154,664$38,183,531
44$49,828,125$23,503,787$18,705,790$41,518,560
45$54,851,741$24,596,620$19,273,581$45,174,891
46$60,385,912$25,741,147$19,858,540$49,184,634
47$66,482,656$26,939,845$20,461,182$53,583,153
48$73,199,295$28,195,306$21,082,040$58,409,389
49$80,598,997$29,510,250$21,721,663$63,706,231
50$88,751,370$30,887,527$22,380,614$69,520,917
51$97,733,121$32,330,127$23,059,475$75,905,472
52$107,628,776$33,841,180$23,758,845$82,917,199
53$118,531,486$35,423,972$24,479,340$90,619,216
54$130,543,896$37,081,945$25,221,596$99,081,046
55$143,779,120$38,818,708$25,986,267$108,379,270
56$158,361,810$40,638,044$26,774,026$118,598,248
57$174,429,327$42,543,920$27,585,568$129,830,906
58$192,133,040$44,540,494$28,421,607$142,179,613
59$211,639,758$46,632,126$29,282,878$155,757,140
60$233,133,299$48,823,386$30,170,141$170,687,720
61$256,816,229$51,119,066$31,084,174$187,108,217
62$282,911,774$53,524,189$32,025,783$205,169,411
63$311,665,922$56,044,022$32,995,795$225,037,415
64$343,349,755$58,684,088$33,995,062$246,895,241
65$378,261,996$61,450,174$35,024,463$270,944,516
66$416,731,839$64,348,352$36,084,901$297,407,384
67$459,122,049$67,384,984$37,177,309$326,528,593
68$505,832,394$70,566,744$38,302,644$358,577,803
69$557,303,411$73,900,627$39,461,895$393,852,117
70$614,020,568$77,393,967$40,656,078$432,678,887
71$676,518,851$81,054,456$41,886,242$475,418,790
72$745,387,806$84,890,157$43,153,463$522,469,228
73$821,277,111$88,909,524$44,458,853$574,268,070
74$904,902,708$93,121,422$45,803,556$631,297,777
75$997,053,558$97,535,146$47,188,750$694,089,950
76$1,098,599,095$102,160,442$48,615,646$763,230,335
77$1,210,497,428$107,007,528$50,085,495$839,364,344
78$1,333,804,389$112,087,121$51,599,583$923,203,140
79$1,469,683,501$117,410,454$53,159,234$1,015,530,339
80$1,619,416,961$122,989,310$54,765,811$1,117,209,392
81$1,784,417,746$128,836,040$56,420,720$1,229,191,735
82$1,966,242,948$134,963,598$58,125,406$1,352,525,747
83$2,166,608,480$141,385,566$59,881,359$1,488,366,644
84$2,387,405,272$148,116,186$61,690,112$1,637,987,368
85$2,630,717,124$155,170,393$63,553,244$1,802,790,588
86$2,898,840,374$162,563,846$65,472,381$1,984,321,935
87$3,194,305,584$170,312,966$67,449,198$2,184,284,572
88$3,519,901,425$178,434,973$69,485,418$2,404,555,260
89$3,878,701,007$186,947,923$71,582,816$2,647,202,061
90$4,274,090,890$195,870,752$73,743,221$2,914,503,842
91$4,709,803,057$205,223,314$75,968,515$3,208,971,776
92$5,189,950,143$215,026,432$78,260,635$3,533,373,027
93$5,719,064,269$225,301,937$80,621,576$3,890,756,856
94$6,302,139,820$236,072,728$83,053,395$4,284,483,388
95$6,944,680,604$247,362,814$85,558,206$4,718,255,317
96$7,652,751,807$259,197,374$88,138,188$5,196,152,836
97$8,433,037,257$271,602,811$90,795,583$5,722,672,135
98$9,292,902,523$284,606,814$93,532,700$6,302,767,829
99$10,240,464,453$298,238,421$96,351,919$6,941,899,704
100$11,284,667,805$312,528,082$99,255,686$7,646,084,240