Can I retire at age 30 with 11,200,000?

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 $11,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$924,886$916,647$908,609$900,764$893,104$886,361
2 years$457,864$449,337$441,073$433,060$425,287$418,490
3 years$302,211$293,647$285,403$277,466$269,820$263,177
4 years$224,399$215,861$207,700$199,898$192,438$186,002
5 years$177,725$169,238$161,184$153,541$146,288$140,077
6 years$146,618$138,195$130,261$122,788$115,753$109,775
7 years$124,408$116,056$108,247$100,951$94,138$88,397
8 years$107,758$99,482$91,802$84,685$78,097$72,591
9 years$94,815$86,617$79,069$72,133$65,769$60,498
10 years$84,467$76,348$68,934$62,179$56,038$50,999
11 years$76,005$67,969$60,689$54,115$48,195$43,384
12 years$68,959$61,005$53,860$47,466$41,764$37,177
13 years$63,002$55,131$48,120$41,905$36,419$32,051
14 years$57,900$50,112$43,236$37,199$31,925$27,770
15 years$53,482$45,778$39,036$33,175$28,109$24,162
16 years$49,620$42,001$35,392$29,704$24,843$21,097
17 years$46,216$38,681$32,205$26,689$22,028$18,477
18 years$43,194$35,743$29,399$24,052$19,586$16,224
19 years$40,493$33,126$26,914$21,733$17,457$14,278
20 years$38,065$30,783$24,700$19,684$15,593$12,590
21 years$35,871$28,673$22,719$17,864$13,954$11,120
22 years$33,880$26,765$20,939$16,243$12,508$9,836
23 years$32,064$25,033$19,334$14,793$11,228$8,711
24 years$30,402$23,454$17,881$13,492$10,092$7,724
25 years$28,875$22,010$16,561$12,321$9,081$6,855
26 years$27,468$20,686$15,359$11,266$8,180$6,090
27 years$26,168$19,468$14,263$10,312$7,375$5,414
28 years$24,962$18,345$13,259$9,448$6,655$4,816
29 years$23,842$17,306$12,339$8,664$6,009$4,287
30 years$22,798$16,344$11,493$7,951$5,429$3,818
31 years$21,824$15,450$10,715$7,303$4,909$3,402
32 years$20,912$14,619$9,997$6,711$4,440$3,032
33 years$20,058$13,845$9,334$6,172$4,018$2,704
34 years$19,255$13,122$8,721$5,679$3,638$2,412
35 years$18,500$12,446$8,154$5,227$3,295$2,152
36 years$17,788$11,813$7,628$4,814$2,986$1,921
37 years$17,117$11,219$7,139$4,436$2,706$1,715
38 years$16,482$10,662$6,686$4,089$2,453$1,531
39 years$15,881$10,139$6,264$3,770$2,225$1,367
40 years$15,312$9,646$5,871$3,477$2,018$1,221
41 years$14,772$9,182$5,505$3,208$1,831$1,091
42 years$14,259$8,745$5,164$2,961$1,661$975
43 years$13,771$8,332$4,846$2,733$1,508$871
44 years$13,307$7,942$4,549$2,524$1,368$779
45 years$12,865$7,574$4,271$2,331$1,242$696
46 years$12,443$7,225$4,011$2,153$1,128$622
47 years$12,040$6,895$3,769$1,989$1,024$556
48 years$11,655$6,582$3,541$1,838$930$497
49 years$11,287$6,286$3,329$1,698$845$444
50 years$10,935$6,004$3,130$1,570$767$397

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $11,200,000, adding $5,839 every year, while hoping to spend $33,167 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: 31/43/26 Blend
29$11,200,000$11,200,000$11,200,000$11,200,000
30$12,348,423$11,754,823$11,581,223$12,632,337
31$13,572,673$12,295,520$11,933,904$13,391,763
32$14,920,684$12,861,599$12,297,289$14,205,325
33$16,405,046$13,454,270$12,671,701$15,080,428
34$18,039,631$14,074,799$13,057,472$16,022,469
35$19,839,722$14,724,513$13,454,947$17,037,364
36$21,822,165$15,404,806$13,864,479$18,131,588
37$24,005,519$16,117,134$14,286,432$19,312,238
38$26,410,236$16,863,028$14,721,182$20,587,092
39$29,058,853$17,644,089$15,169,114$21,964,674
40$31,976,205$18,461,998$15,630,628$23,454,335
41$35,189,656$19,318,514$16,106,132$25,066,326
42$38,729,364$20,215,485$16,596,051$26,811,896
43$42,628,558$21,154,843$17,100,818$28,703,388
44$46,923,858$22,138,616$17,620,882$30,754,344
45$51,655,614$23,168,932$18,156,704$32,979,634
46$56,868,294$24,248,016$18,708,761$35,395,581
47$62,610,897$25,378,206$19,277,541$38,020,109
48$68,937,419$26,561,949$19,863,550$40,872,905
49$75,907,363$27,801,812$20,467,306$43,975,593
50$83,586,299$29,100,486$21,089,346$47,351,932
51$92,046,483$30,460,790$21,730,220$51,028,025
52$101,367,538$31,885,683$22,390,496$55,032,560
53$111,637,209$33,378,264$23,070,760$59,397,067
54$122,952,187$34,941,781$23,771,613$64,156,207
55$135,419,024$36,579,643$24,493,676$69,348,083
56$149,155,139$38,295,419$25,237,589$75,014,591
57$164,289,924$40,092,855$26,004,008$81,201,798
58$180,965,967$41,975,876$26,793,613$87,960,369
59$199,340,398$43,948,596$27,607,102$95,346,028
60$219,586,372$46,015,331$28,445,193$103,420,066
61$241,894,702$48,180,603$29,308,628$112,249,908
62$266,475,664$50,449,155$30,198,169$121,909,734
63$293,560,977$52,825,958$31,114,603$132,481,156
64$323,405,993$55,316,226$32,058,738$144,053,978
65$356,292,106$57,925,424$33,031,408$156,727,020
66$392,529,413$60,659,281$34,033,472$170,609,030
67$432,459,633$63,523,806$35,065,814$185,819,696
68$476,459,341$66,525,298$36,129,344$202,490,748
69$524,943,517$69,670,361$37,225,000$220,767,185
70$578,369,467$72,965,919$38,353,748$240,808,613
71$637,241,137$76,419,234$39,516,584$262,790,734
72$702,113,875$80,037,918$40,714,530$286,906,975
73$773,599,667$83,829,953$41,948,644$313,370,286
74$852,372,920$87,803,708$43,220,011$342,415,127
75$939,176,827$91,967,958$44,529,750$374,299,645
76$1,034,830,381$96,331,906$45,879,015$409,308,086
77$1,140,236,110$100,905,200$47,268,992$447,753,443
78$1,256,388,593$105,697,955$48,700,903$489,980,376
79$1,384,383,855$110,720,779$50,176,008$536,368,431
80$1,525,429,707$115,984,796$51,695,603$587,335,588
81$1,680,857,155$121,501,669$53,261,024$643,342,165
82$1,852,132,962$127,283,628$54,873,646$704,895,124
83$2,040,873,495$133,343,497$56,534,884$772,552,813
84$2,248,859,986$139,694,723$58,246,197$846,930,194
85$2,478,055,347$146,351,406$60,009,087$928,704,603
86$2,730,622,701$153,328,334$61,825,100$1,018,622,091
87$3,008,945,806$160,641,012$63,695,830$1,117,504,419
88$3,315,651,554$168,305,697$65,622,916$1,226,256,761
89$3,653,634,777$176,339,441$67,608,048$1,345,876,195
90$4,026,085,571$184,760,121$69,652,965$1,477,461,054
91$4,436,519,418$193,586,485$71,759,458$1,622,221,234
92$4,888,810,371$202,838,195$73,929,372$1,781,489,554
93$5,387,227,629$212,535,867$76,164,606$1,956,734,269
94$5,936,475,843$222,701,120$78,467,116$2,149,572,859
95$6,541,739,531$233,356,627$80,838,917$2,361,787,228
96$7,208,732,025$244,526,164$83,282,082$2,595,340,447
97$7,943,749,408$256,234,662$85,798,748$2,852,395,203
98$8,753,729,955$268,508,268$88,391,114$3,135,334,136
99$9,646,319,639$281,374,401$91,061,445$3,446,782,240
100$10,629,944,310$294,861,816$93,812,072$3,789,631,552