Can I retire at age 30 with 11,300,000?

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 $11,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$933,143$924,831$916,722$908,807$901,078$885,422
2 years$461,952$453,349$445,011$436,926$429,085$413,362
3 years$304,909$296,268$287,951$279,943$272,229$256,930
4 years$226,403$217,789$209,555$201,683$194,156$179,398
5 years$179,311$170,749$162,623$154,912$147,594$133,420
6 years$147,927$139,429$131,424$123,884$116,786$103,211
7 years$125,519$117,093$109,214$101,852$94,979$82,007
8 years$108,720$100,370$92,622$85,441$78,794$66,423
9 years$95,662$87,390$79,775$72,777$66,356$54,578
10 years$85,221$77,030$69,550$62,734$56,538$45,344
11 years$76,684$68,575$61,231$54,598$48,625$38,002
12 years$69,575$61,550$54,341$47,890$42,137$32,071
13 years$63,564$55,623$48,550$42,279$36,745$27,220
14 years$58,417$50,560$43,622$37,531$32,210$23,211
15 years$53,959$46,187$39,385$33,471$28,360$19,868
16 years$50,063$42,376$35,708$29,970$25,065$17,063
17 years$46,629$39,027$32,493$26,927$22,224$14,693
18 years$43,580$36,062$29,662$24,267$19,761$12,682
19 years$40,855$33,422$27,154$21,927$17,613$10,967
20 years$38,405$31,057$24,921$19,859$15,732$9,501
21 years$36,192$28,929$22,922$18,024$14,079$8,242
22 years$34,182$27,004$21,126$16,388$12,620$7,159
23 years$32,350$25,256$19,506$14,925$11,328$6,224
24 years$30,673$23,664$18,040$13,612$10,182$5,417
25 years$29,133$22,207$16,709$12,431$9,162$4,718
26 years$27,714$20,871$15,497$11,367$8,253$4,112
27 years$26,402$19,642$14,390$10,404$7,441$3,586
28 years$25,185$18,509$13,377$9,532$6,714$3,129
29 years$24,055$17,461$12,449$8,741$6,063$2,732
30 years$23,002$16,490$11,596$8,022$5,478$2,386
31 years$22,019$15,588$10,810$7,368$4,953$2,084
32 years$21,099$14,750$10,086$6,771$4,480$1,821
33 years$20,237$13,968$9,417$6,227$4,054$1,592
34 years$19,427$13,239$8,799$5,729$3,671$1,392
35 years$18,665$12,557$8,227$5,274$3,325$1,217
36 years$17,947$11,918$7,696$4,857$3,012$1,064
37 years$17,269$11,320$7,203$4,475$2,730$931
38 years$16,629$10,758$6,745$4,125$2,475$815
39 years$16,023$10,229$6,320$3,803$2,245$713
40 years$15,449$9,732$5,923$3,508$2,036$624
41 years$14,904$9,264$5,554$3,237$1,847$546
42 years$14,387$8,823$5,210$2,987$1,676$478
43 years$13,894$8,407$4,889$2,757$1,521$418
44 years$13,426$8,013$4,589$2,546$1,381$366
45 years$12,980$7,641$4,309$2,351$1,253$320
46 years$12,554$7,290$4,047$2,172$1,138$280
47 years$12,148$6,956$3,802$2,007$1,033$245
48 years$11,759$6,641$3,573$1,854$938$215
49 years$11,388$6,342$3,358$1,714$852$188
50 years$11,033$6,058$3,157$1,584$774$165

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $11,300,000, adding $6,726 every year, while hoping to spend $59,077 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: 47/32/21 Blend
29$11,300,000$11,300,000$11,300,000$11,300,000
30$12,459,538$11,860,638$11,685,488$12,970,342
31$13,667,553$12,378,952$12,014,094$13,846,259
32$14,996,806$12,920,683$12,351,729$14,789,999
33$16,459,601$13,486,916$12,698,632$15,813,147
34$18,069,493$14,078,789$13,055,050$16,923,158
35$19,841,422$14,697,490$13,421,234$18,128,225
36$21,791,846$15,344,266$13,797,444$19,437,346
37$23,938,901$16,020,421$14,183,945$20,860,411
38$26,302,570$16,727,324$14,581,009$22,408,289
39$28,904,874$17,466,404$14,988,915$24,092,924
40$31,770,075$18,239,162$15,407,947$25,927,450
41$34,924,909$19,047,167$15,838,400$27,926,304
42$38,398,837$19,892,065$16,280,573$30,105,363
43$42,224,320$20,775,578$16,734,774$32,482,085
44$46,437,129$21,699,510$17,201,317$35,075,673
45$51,076,682$22,665,751$17,680,527$37,907,245
46$56,186,412$23,676,282$18,172,733$41,000,036
47$61,814,182$24,733,176$18,678,276$44,379,604
48$68,012,733$25,838,605$19,197,502$48,074,072
49$74,840,181$26,994,846$19,730,768$52,114,382
50$82,360,568$28,204,283$20,278,437$56,534,583
51$90,644,465$29,469,412$20,840,885$61,372,146
52$99,769,639$30,792,851$21,418,492$66,668,312
53$109,821,782$32,177,341$22,011,652$72,468,469
54$120,895,327$33,625,754$22,620,765$78,822,580
55$133,094,332$35,141,098$23,246,243$85,785,639
56$146,533,468$36,726,526$23,888,506$93,418,190
57$161,339,097$38,385,340$24,547,986$101,786,882
58$177,650,465$40,121,002$25,225,124$110,965,095
59$195,621,018$41,937,137$25,920,371$121,033,620
60$215,419,849$43,837,544$26,634,190$132,081,412
61$237,233,294$45,826,203$27,367,056$144,206,422
62$261,266,689$47,907,287$28,119,452$157,516,508
63$287,746,312$50,085,165$28,891,874$172,130,443
64$316,921,515$52,364,417$29,684,831$188,179,023
65$349,067,079$54,749,843$30,498,842$205,806,295
66$384,485,807$57,246,470$31,334,439$225,170,894
67$423,511,382$59,859,570$32,192,166$246,447,537
68$466,511,518$62,594,665$33,072,579$269,828,652
69$513,891,431$65,457,542$33,976,248$295,526,183
70$566,097,661$68,454,265$34,903,756$323,773,574
71$623,622,289$71,591,190$35,855,699$354,827,957
72$687,007,583$74,874,980$36,832,685$388,972,562
73$756,851,116$78,312,613$37,835,340$426,519,376
74$833,811,405$81,911,406$38,864,298$467,812,066
75$918,614,130$85,679,026$39,920,214$513,229,205
76$1,012,058,982$89,623,510$41,003,752$563,187,830
77$1,115,027,215$93,753,278$42,115,595$618,147,351
78$1,228,489,962$98,077,160$43,256,438$678,613,872
79$1,353,517,403$102,604,405$44,426,994$745,144,943
80$1,491,288,869$107,344,712$45,627,989$818,354,800
81$1,643,103,974$112,308,244$46,860,167$898,920,139
82$1,810,394,885$117,505,653$48,124,288$987,586,478
83$1,994,739,839$122,948,106$49,421,128$1,085,175,166
84$2,197,878,046$128,647,307$50,751,479$1,192,591,111
85$2,421,726,105$134,615,523$52,116,151$1,310,831,291
86$2,668,396,097$140,865,613$53,515,972$1,440,994,134
87$2,940,215,527$147,411,056$54,951,785$1,584,289,856
88$3,239,749,294$154,265,981$56,424,453$1,742,051,852
89$3,569,823,907$161,445,199$57,934,857$1,915,749,246
90$3,933,554,166$168,964,235$59,483,896$2,107,000,727
91$4,334,372,570$176,839,362$61,072,486$2,317,589,786
92$4,776,061,722$185,087,640$62,701,564$2,549,481,514
93$5,262,790,037$193,726,953$64,372,085$2,804,841,111
94$5,799,151,095$202,776,049$66,085,025$3,086,054,283
95$6,390,207,010$212,254,579$67,841,376$3,395,749,713
96$7,041,536,218$222,183,145$69,642,155$3,736,823,835
97$7,759,286,139$232,583,347$71,488,394$4,112,468,117
98$8,550,231,219$243,477,825$73,381,150$4,526,199,148
99$9,421,836,881$254,890,316$75,321,496$4,981,891,770
100$10,382,330,006$266,845,704$77,310,529$5,483,815,607