Can I retire at age 30 with 10,800,000?

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 $10,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$891,854$883,910$876,159$868,594$861,207$841,756
2 years$441,512$433,289$425,320$417,593$410,099$390,606
3 years$291,417$283,159$275,210$267,556$260,183$241,258
4 years$216,385$208,152$200,283$192,759$185,565$167,353
5 years$171,377$163,194$155,427$148,057$141,064$123,616
6 years$141,382$133,260$125,608$118,403$111,619$94,954
7 years$119,965$111,911$104,381$97,345$90,776$74,896
8 years$103,910$95,929$88,524$81,661$75,307$60,207
9 years$91,429$83,523$76,245$69,557$63,420$49,087
10 years$81,450$73,622$66,472$59,959$54,037$40,457
11 years$73,291$65,541$58,521$52,182$46,473$33,629
12 years$66,496$58,826$51,936$45,771$40,273$28,142
13 years$60,752$53,162$46,401$40,409$35,119$23,680
14 years$55,832$48,322$41,692$35,870$30,785$20,015
15 years$51,572$44,143$37,642$31,990$27,105$16,979
16 years$47,848$40,501$34,128$28,644$23,956$14,448
17 years$44,566$37,300$31,055$25,736$21,241$12,326
18 years$41,651$34,467$28,349$23,193$18,886$10,538
19 years$39,047$31,943$25,953$20,957$16,834$9,026
20 years$36,706$29,683$23,818$18,981$15,036$7,743
21 years$34,590$27,649$21,908$17,226$13,456$6,651
22 years$32,670$25,809$20,192$15,663$12,061$5,719
23 years$30,919$24,139$18,643$14,264$10,827$4,923
24 years$29,316$22,616$17,242$13,010$9,731$4,241
25 years$27,844$21,224$15,970$11,881$8,757$3,656
26 years$26,487$19,948$14,811$10,864$7,888$3,153
27 years$25,233$18,773$13,753$9,944$7,112$2,721
28 years$24,071$17,690$12,785$9,111$6,417$2,349
29 years$22,991$16,688$11,898$8,355$5,794$2,029
30 years$21,984$15,760$11,082$7,667$5,235$1,753
31 years$21,044$14,899$10,332$7,042$4,733$1,515
32 years$20,165$14,097$9,640$6,472$4,282$1,310
33 years$19,341$13,350$9,001$5,951$3,875$1,133
34 years$18,567$12,653$8,410$5,476$3,508$979
35 years$17,839$12,001$7,863$5,041$3,178$847
36 years$17,153$11,391$7,355$4,642$2,879$733
37 years$16,505$10,819$6,884$4,277$2,609$634
38 years$15,893$10,282$6,447$3,942$2,366$549
39 years$15,314$9,777$6,040$3,635$2,145$475
40 years$14,765$9,302$5,661$3,353$1,946$411
41 years$14,245$8,854$5,309$3,093$1,765$355
42 years$13,750$8,433$4,980$2,855$1,602$308
43 years$13,280$8,035$4,673$2,635$1,454$266
44 years$12,832$7,659$4,386$2,433$1,320$231
45 years$12,405$7,303$4,118$2,247$1,198$200
46 years$11,998$6,967$3,868$2,076$1,088$173
47 years$11,610$6,649$3,634$1,918$988$150
48 years$11,239$6,347$3,415$1,772$897$129
49 years$10,884$6,061$3,210$1,638$815$112
50 years$10,545$5,790$3,018$1,514$740$97

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $10,800,000, adding $2,757 every year, while hoping to spend $47,436 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: 57/38/5 Blend
29$10,800,000$10,800,000$10,800,000$10,800,000
30$11,904,444$11,332,044$11,164,644$12,571,547
31$13,068,226$11,836,842$11,488,188$13,524,688
32$14,349,123$12,364,786$11,820,981$14,557,042
33$15,759,032$12,916,960$12,163,282$15,680,587
34$17,311,061$13,494,498$12,515,359$16,904,022
35$19,019,651$14,098,590$12,877,486$18,236,909
36$20,900,718$14,730,484$13,249,944$19,689,756
37$22,971,797$15,391,483$13,633,023$21,274,112
38$25,252,211$16,082,957$14,027,020$23,002,677
39$27,763,252$16,806,337$14,432,241$24,889,411
40$30,528,382$17,563,125$14,848,999$26,949,666
41$33,573,453$18,354,895$15,277,617$29,200,326
42$36,926,953$19,183,293$15,718,425$31,659,959
43$40,620,275$20,050,046$16,171,764$34,348,988
44$44,688,008$20,956,964$16,637,984$37,289,883
45$49,168,271$21,905,941$17,117,442$40,507,359
46$54,103,066$22,898,963$17,610,508$44,028,611
47$59,538,679$23,938,113$18,117,560$47,883,563
48$65,526,113$25,025,569$18,638,987$52,105,142
49$72,121,571$26,163,617$19,175,188$56,729,581
50$79,386,988$27,354,651$19,726,574$61,796,761
51$87,390,612$28,601,179$20,293,564$67,350,572
52$96,207,649$29,905,832$20,876,593$73,439,326
53$105,920,974$31,271,362$21,476,104$80,116,201
54$116,621,913$32,700,659$22,092,553$87,439,736
55$128,411,103$34,196,746$22,726,409$95,474,378
56$141,399,444$35,762,795$23,378,152$104,291,074
57$155,709,143$37,402,128$24,048,276$113,967,939
58$171,474,871$39,118,228$24,737,289$124,590,979
59$188,845,031$40,914,743$25,445,711$136,254,894
60$207,983,157$42,795,499$26,174,075$149,063,959
61$229,069,465$44,764,504$26,922,932$163,133,001
62$252,302,544$46,825,959$27,692,845$178,588,466
63$277,901,240$48,984,268$28,484,391$195,569,605
64$306,106,714$51,244,044$29,298,165$214,229,771
65$337,184,721$53,610,124$30,134,777$234,737,856
66$371,428,122$56,087,579$30,994,851$257,279,872
67$409,159,642$58,681,723$31,879,030$282,060,685
68$450,734,921$61,398,123$32,787,973$309,305,943
69$496,545,870$64,242,618$33,722,358$339,264,183
70$547,024,370$67,221,328$34,682,878$372,209,161
71$602,646,348$70,340,664$35,670,246$408,442,420
72$663,936,270$73,607,352$36,685,194$448,296,117
73$731,472,094$77,028,437$37,728,473$492,136,139
74$805,890,723$80,611,306$38,800,852$540,365,534
75$887,894,020$84,363,703$39,903,124$593,428,298
76$978,255,430$88,293,744$41,036,098$651,813,542
77$1,077,827,285$92,409,938$42,200,608$716,060,083
78$1,187,548,847$96,721,205$43,397,508$786,761,512
79$1,308,455,179$101,236,893$44,627,674$864,571,764
80$1,441,686,912$105,966,806$45,892,006$950,211,269
81$1,588,501,015$110,921,217$47,191,426$1,044,473,724
82$1,750,282,660$116,110,898$48,526,880$1,148,233,555
83$1,928,558,301$121,547,142$49,899,341$1,262,454,141
84$2,125,010,083$127,241,787$51,309,803$1,388,196,873
85$2,341,491,719$133,207,242$52,759,289$1,526,631,145
86$2,580,045,996$139,456,519$54,248,847$1,679,045,354
87$2,842,924,056$146,003,257$55,779,553$1,846,859,025
88$3,132,606,650$152,861,756$57,352,507$2,031,636,175
89$3,451,827,555$160,047,009$58,968,843$2,235,100,035
90$3,803,599,385$167,574,732$60,629,719$2,459,149,272
91$4,191,242,033$175,461,405$62,336,325$2,705,875,877
92$4,618,414,010$183,724,303$64,089,881$2,977,584,855
93$5,089,146,985$192,381,540$65,891,638$3,276,815,947
94$5,607,883,847$201,452,105$67,742,879$3,606,367,544
95$6,179,520,652$210,955,911$69,644,917$3,969,323,062
96$6,809,452,839$220,913,831$71,599,103$4,369,079,982
97$7,503,626,174$231,347,754$73,606,818$4,809,381,875
98$8,268,592,876$242,280,627$75,669,479$5,294,353,675
99$9,111,573,483$253,736,510$77,788,539$5,828,540,557
100$10,040,525,011$265,740,633$79,965,489$6,416,950,774