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

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 $11,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$908,370$900,278$892,384$884,679$877,155$846,707
2 years$449,688$441,313$433,196$425,327$417,693$387,332
3 years$296,814$288,403$280,307$272,511$265,002$235,681
4 years$220,392$212,007$203,991$196,329$189,001$160,946
5 years$174,551$166,216$158,306$150,799$143,676$116,959
6 years$144,000$135,728$127,935$120,595$113,686$88,329
7 years$122,187$113,984$106,314$99,148$92,457$68,455
8 years$105,834$97,705$90,163$83,173$76,702$54,036
9 years$93,122$85,070$77,657$70,845$64,594$43,235
10 years$82,958$74,985$67,703$61,069$55,037$34,950
11 years$74,648$66,755$59,605$53,148$47,334$28,477
12 years$67,728$59,915$52,898$46,618$41,019$23,349
13 years$61,877$54,146$47,261$41,157$35,769$19,240
14 years$56,866$49,217$42,464$36,534$31,355$15,918
15 years$52,527$44,961$38,339$32,582$27,607$13,212
16 years$48,734$41,251$34,760$29,174$24,400$10,995
17 years$45,391$37,990$31,630$26,213$21,634$9,170
18 years$42,423$35,105$28,874$23,623$19,236$7,662
19 years$39,770$32,535$26,433$21,345$17,146$6,412
20 years$37,386$30,233$24,259$19,332$15,315$5,372
21 years$35,231$28,161$22,314$17,545$13,705$4,505
22 years$33,275$26,287$20,566$15,953$12,285$3,782
23 years$31,491$24,586$18,989$14,528$11,027$3,177
24 years$29,859$23,035$17,561$13,251$9,912$2,670
25 years$28,360$21,617$16,265$12,101$8,919$2,245
26 years$26,978$20,317$15,085$11,065$8,034$1,889
27 years$25,701$19,121$14,008$10,128$7,243$1,590
28 years$24,517$18,017$13,022$9,279$6,536$1,338
29 years$23,416$16,997$12,118$8,509$5,902$1,127
30 years$22,391$16,052$11,288$7,809$5,332$949
31 years$21,434$15,175$10,523$7,172$4,821$800
32 years$20,539$14,358$9,818$6,592$4,361$674
33 years$19,699$13,597$9,167$6,061$3,947$568
34 years$18,911$12,887$8,565$5,577$3,573$478
35 years$18,169$12,223$8,008$5,134$3,236$403
36 years$17,471$11,602$7,491$4,728$2,932$340
37 years$16,811$11,019$7,012$4,357$2,658$286
38 years$16,188$10,472$6,566$4,016$2,409$241
39 years$15,598$9,958$6,152$3,702$2,185$203
40 years$15,039$9,474$5,766$3,415$1,982$172
41 years$14,508$9,018$5,407$3,151$1,798$145
42 years$14,005$8,589$5,072$2,908$1,632$122
43 years$13,526$8,183$4,759$2,684$1,481$103
44 years$13,070$7,801$4,467$2,478$1,344$87
45 years$12,635$7,439$4,195$2,289$1,220$73
46 years$12,221$7,096$3,940$2,114$1,108$62
47 years$11,825$6,772$3,701$1,953$1,006$52
48 years$11,447$6,465$3,478$1,805$914$44
49 years$11,086$6,173$3,269$1,668$830$37
50 years$10,740$5,897$3,074$1,542$754$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $11,000,000, adding $6,664 every year, while hoping to spend $36,342 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: 78/6/16 Blend
29$11,000,000$11,000,000$11,000,000$11,000,000
30$12,128,874$11,545,874$11,375,374$13,032,620
31$13,327,351$12,072,954$11,717,781$14,156,580
32$14,646,856$12,624,643$12,070,441$15,383,919
33$16,099,693$13,202,109$12,433,659$16,729,237
34$17,699,424$13,806,574$12,807,749$18,204,320
35$19,460,990$14,439,321$13,193,033$19,822,145
36$21,400,857$15,101,694$13,589,846$21,597,006
37$23,537,169$15,795,101$13,998,530$23,544,641
38$25,889,917$16,521,018$14,419,438$25,682,389
39$28,481,132$17,280,991$14,852,932$28,029,342
40$31,335,089$18,076,642$15,299,388$30,606,531
41$34,478,541$18,909,670$15,759,190$33,437,121
42$37,940,963$19,781,855$16,232,734$36,546,628
43$41,754,839$20,695,064$16,720,428$39,963,156
44$45,955,964$21,651,253$17,222,694$43,717,667
45$50,583,780$22,652,473$17,739,962$47,844,265
46$55,681,753$23,700,871$18,272,678$52,380,521
47$61,297,780$24,798,702$18,821,301$57,367,821
48$67,484,641$25,948,326$19,386,302$62,851,761
49$74,300,499$27,152,218$19,968,167$68,882,571
50$81,809,445$28,412,972$20,567,396$75,515,588
51$90,082,108$29,733,307$21,184,503$82,811,777
52$99,196,317$31,116,074$21,820,019$90,838,306
53$109,237,840$32,564,260$22,474,488$99,669,175
54$120,301,188$34,080,997$23,148,472$109,385,912
55$132,490,512$35,669,569$23,842,548$120,078,343
56$145,920,583$37,333,416$24,557,313$131,845,436
57$160,717,877$39,076,148$25,293,377$144,796,233
58$177,021,767$40,901,545$26,051,371$159,050,877
59$194,985,839$42,813,573$26,831,944$174,741,740
60$214,779,344$44,816,387$27,635,763$192,014,677
61$236,588,792$46,914,346$28,463,517$211,030,392
62$260,619,716$49,112,015$29,315,911$231,965,958
63$287,098,608$51,414,185$30,193,675$255,016,480
64$316,275,061$53,825,876$31,097,559$280,396,939
65$348,424,123$56,352,349$32,028,332$308,344,213
66$383,848,893$58,999,123$32,986,791$339,119,314
67$422,883,383$61,771,983$33,973,751$373,009,844
68$465,895,670$64,676,993$34,990,055$410,332,711
69$513,291,374$67,720,511$36,036,567$451,437,109
70$565,517,482$70,909,204$37,114,179$496,707,820
71$623,066,569$74,250,059$38,223,809$546,568,835
72$686,481,453$77,750,405$39,366,400$601,487,352
73$756,360,310$81,417,924$40,542,923$661,978,188
74$833,362,330$85,260,671$41,754,379$728,608,627
75$918,213,933$89,287,090$43,001,797$802,003,773
76$1,011,715,633$93,506,036$44,286,236$882,852,448
77$1,114,749,588$97,926,792$45,608,785$971,913,686
78$1,228,287,934$102,559,093$46,970,567$1,070,023,894
79$1,353,401,959$107,413,144$48,372,737$1,178,104,741
80$1,491,272,217$112,499,646$49,816,482$1,297,171,856
81$1,643,199,674$117,829,819$51,303,024$1,428,344,406
82$1,810,617,988$123,415,428$52,833,624$1,572,855,655
83$1,995,107,047$129,268,808$54,409,574$1,732,064,602
84$2,198,407,880$135,402,894$56,032,209$1,907,468,801
85$2,422,439,095$141,831,247$57,702,899$2,100,718,492
86$2,669,314,993$148,568,089$59,423,057$2,313,632,172
87$2,941,365,526$155,628,329$61,194,133$2,548,213,754
88$3,241,158,297$163,027,604$63,017,623$2,806,671,479
89$3,571,522,795$170,782,308$64,895,065$3,091,438,748
90$3,935,577,112$178,909,633$66,828,042$3,405,197,094
91$4,336,757,377$187,427,605$68,818,181$3,750,901,481
92$4,778,850,198$196,355,126$70,867,159$4,131,808,192
93$5,266,028,410$205,712,019$72,976,700$4,551,505,562
94$5,802,890,467$215,519,068$75,148,579$5,013,947,841
95$6,394,503,860$225,798,067$77,384,622$5,523,492,516
96$7,046,452,954$236,571,872$79,686,706$6,084,941,434
97$7,764,891,710$247,864,449$82,056,766$6,703,586,123
98$8,556,601,787$259,700,930$84,496,791$7,385,257,736
99$9,429,056,563$272,107,668$87,008,826$8,136,382,088
100$10,390,491,689$285,112,301$89,594,979$8,964,040,305