Can I retire at age 30 with 10,900,000?

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 $10,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$900,112$892,094$884,272$876,637$869,181$852,329
2 years$445,600$437,301$429,258$421,460$413,896$396,986
3 years$294,116$285,781$277,758$270,033$262,593$246,152
4 years$218,389$210,079$202,137$194,544$187,283$171,439
5 years$172,964$164,705$156,867$149,428$142,370$127,167
6 years$142,691$134,494$126,772$119,499$112,652$98,108
7 years$121,076$112,948$105,348$98,247$91,616$77,733
8 years$104,872$96,817$89,343$82,417$76,005$62,779
9 years$92,275$84,297$76,951$70,201$64,007$51,431
10 years$82,204$74,303$67,088$60,514$54,537$42,598
11 years$73,969$66,148$59,063$52,665$46,904$35,588
12 years$67,112$59,371$52,417$46,194$40,646$29,937
13 years$61,314$53,654$46,831$40,783$35,444$25,325
14 years$56,349$48,770$42,078$36,202$31,070$21,522
15 years$52,049$44,552$37,991$32,286$27,356$18,359
16 years$48,291$40,876$34,444$28,909$24,178$15,711
17 years$44,978$37,645$31,343$25,974$21,438$13,481
18 years$42,037$34,786$28,612$23,408$19,061$11,594
19 years$39,408$32,239$26,193$21,151$16,990$9,989
20 years$37,046$29,958$24,039$19,156$15,176$8,621
21 years$34,911$27,905$22,111$17,386$13,580$7,450
22 years$32,972$26,048$20,379$15,808$12,173$6,446
23 years$31,205$24,362$18,816$14,396$10,927$5,583
24 years$29,588$22,826$17,402$13,130$9,822$4,840
25 years$28,102$21,421$16,117$11,991$8,838$4,199
26 years$26,733$20,132$14,948$10,964$7,961$3,645
27 years$25,467$18,947$13,881$10,036$7,177$3,166
28 years$24,294$17,853$12,904$9,195$6,476$2,752
29 years$23,203$16,843$12,008$8,432$5,848$2,392
30 years$22,188$15,906$11,185$7,738$5,284$2,081
31 years$21,239$15,037$10,428$7,107$4,777$1,810
32 years$20,352$14,228$9,729$6,532$4,321$1,575
33 years$19,520$13,474$9,084$6,006$3,911$1,371
34 years$18,739$12,770$8,488$5,526$3,541$1,194
35 years$18,004$12,112$7,935$5,087$3,207$1,039
36 years$17,312$11,496$7,423$4,685$2,906$905
37 years$16,658$10,919$6,948$4,317$2,634$789
38 years$16,041$10,377$6,507$3,979$2,388$687
39 years$15,456$9,867$6,096$3,669$2,165$598
40 years$14,902$9,388$5,714$3,384$1,964$521
41 years$14,376$8,936$5,358$3,122$1,782$454
42 years$13,877$8,511$5,026$2,881$1,617$396
43 years$13,403$8,109$4,716$2,660$1,467$345
44 years$12,951$7,730$4,427$2,456$1,332$301
45 years$12,520$7,371$4,157$2,268$1,209$262
46 years$12,110$7,032$3,904$2,095$1,098$228
47 years$11,718$6,710$3,668$1,936$997$199
48 years$11,343$6,406$3,447$1,789$905$174
49 years$10,985$6,117$3,240$1,653$822$151
50 years$10,642$5,843$3,046$1,528$747$132

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $10,900,000, adding $3,890 every year, while hoping to spend $33,993 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: 87/8/5 Blend
29$10,900,000$10,900,000$10,900,000$10,900,000
30$12,015,813$11,438,113$11,269,163$13,061,882
31$13,205,257$11,962,412$11,610,511$14,267,679
32$14,514,886$12,511,262$11,962,156$15,587,611
33$15,956,921$13,085,831$12,324,405$17,037,196
34$17,544,832$13,687,342$12,697,578$18,629,466
35$19,293,460$14,317,077$13,082,001$20,378,776
36$21,219,158$14,976,378$13,478,013$22,300,933
37$23,339,946$15,666,655$13,885,961$24,413,352
38$25,675,683$16,389,383$14,306,203$26,735,213
39$28,248,249$17,146,110$14,739,107$29,287,644
40$31,081,757$17,938,456$15,185,054$32,093,917
41$34,202,776$18,768,120$15,644,433$35,179,669
42$37,640,586$19,636,885$16,117,649$38,573,142
43$41,427,450$20,546,616$16,605,114$42,305,445
44$45,598,921$21,499,272$17,107,257$46,410,853
45$50,194,178$22,496,902$17,624,516$50,927,120
46$55,256,391$23,541,658$18,157,345$55,895,842
47$60,833,136$24,635,793$18,706,209$61,362,844
48$66,976,838$25,781,668$19,271,589$67,378,611
49$73,745,267$26,981,762$19,853,979$73,998,764
50$81,202,085$28,238,669$20,453,888$81,284,581
51$89,417,445$29,555,110$21,071,840$89,303,578
52$98,468,653$30,933,939$21,708,375$98,130,137
53$108,440,898$32,378,145$22,364,049$107,846,213
54$119,428,059$33,890,864$23,039,433$118,542,104
55$131,533,585$35,475,380$23,735,118$130,317,298
56$144,871,477$37,135,139$24,451,711$143,281,411
57$159,567,359$38,873,753$25,189,835$157,555,222
58$175,759,670$40,695,007$25,950,135$173,271,807
59$193,600,965$42,602,871$26,733,272$190,577,794
60$213,259,356$44,601,505$27,539,930$209,634,746
61$234,920,103$46,695,271$28,370,810$230,620,679
62$258,787,357$48,888,743$29,226,636$253,731,744
63$285,086,091$51,186,715$30,108,152$279,184,072
64$314,064,223$53,594,214$31,016,126$307,215,813
65$345,994,953$56,116,511$31,951,346$338,089,379
66$381,179,348$58,759,129$32,914,625$372,093,920
67$419,949,178$61,527,863$33,906,801$409,548,047
68$462,670,050$64,428,784$34,928,736$450,802,839
69$509,744,863$67,468,262$35,981,315$496,245,148
70$561,617,604$70,652,972$37,065,455$546,301,253
71$618,777,545$73,989,914$38,182,093$601,440,874
72$681,763,862$77,486,426$39,332,200$662,181,606
73$751,170,719$81,150,205$40,516,773$729,093,797
74$827,652,885$84,989,317$41,736,837$802,805,929
75$911,931,908$89,012,223$42,993,450$884,010,545
76$1,004,802,933$93,227,791$44,287,700$973,470,783
77$1,107,142,201$97,645,322$45,620,708$1,072,027,569
78$1,219,915,331$102,274,568$46,993,626$1,180,607,559
79$1,344,186,425$107,125,752$48,407,643$1,300,231,870
80$1,481,128,122$112,209,596$49,863,981$1,432,025,722
81$1,632,032,665$117,537,341$51,363,899$1,577,229,047
82$1,798,324,100$123,120,773$52,908,692$1,737,208,193
83$1,981,571,720$128,972,253$54,499,695$1,913,468,810
84$2,183,504,882$135,104,740$56,138,282$2,107,670,061
85$2,406,029,332$141,531,824$57,825,866$2,321,640,275
86$2,651,245,194$148,267,754$59,563,903$2,557,394,197
87$2,921,466,801$155,327,472$61,353,892$2,817,152,002
88$3,219,244,543$162,726,646$63,197,375$3,103,360,244
89$3,547,388,940$170,481,705$65,095,940$3,418,714,946
90$3,908,997,181$178,609,878$67,051,224$3,766,187,037
91$4,307,482,362$187,129,230$69,064,908$4,149,050,390
92$4,746,605,707$196,058,706$71,138,726$4,570,912,723
93$5,230,512,077$205,418,171$73,274,462$5,035,749,639
94$5,763,769,104$215,228,456$75,473,951$5,547,942,154
95$6,351,410,308$225,511,407$77,739,084$6,112,318,037
96$6,998,982,623$236,289,929$80,071,807$6,734,197,377
97$7,712,598,761$247,588,046$82,474,123$7,419,442,798
98$8,498,994,922$259,430,947$84,948,094$8,174,514,784
99$9,365,594,391$271,845,050$87,495,841$9,006,532,664
100$10,320,577,618$284,858,057$90,119,551$9,923,341,800