Can I retire at age 30 with 11,400,000?

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 $11,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$941,401$933,016$924,835$916,849$909,052$896,949
2 years$466,040$457,361$448,949$440,793$432,882$420,708
3 years$307,607$298,890$290,500$282,420$274,638$262,771
4 years$228,406$219,716$211,409$203,468$195,874$184,406
5 years$180,898$172,260$164,062$156,283$148,900$137,864
6 years$149,236$140,663$132,587$124,981$117,820$107,228
7 years$126,630$118,129$110,180$102,754$95,819$85,677
8 years$109,682$101,258$93,442$86,197$79,491$69,797
9 years$96,508$88,163$80,481$73,421$66,943$57,692
10 years$85,975$77,712$70,165$63,290$57,039$48,224
11 years$77,362$69,182$61,772$55,081$49,055$40,669
12 years$70,191$62,094$54,821$48,313$42,510$34,543
13 years$64,127$56,115$48,979$42,653$37,070$29,511
14 years$58,934$51,007$44,008$37,863$32,495$25,334
15 years$54,437$46,596$39,733$33,767$28,611$21,835
16 years$50,506$42,751$36,024$30,235$25,287$18,883
17 years$47,042$39,372$32,781$27,166$22,421$16,376
18 years$43,965$36,381$29,924$24,482$19,936$14,237
19 years$41,216$33,718$27,394$22,121$17,769$12,403
20 years$38,745$31,332$25,141$20,035$15,872$10,824
21 years$36,512$29,185$23,125$18,183$14,203$9,461
22 years$34,485$27,243$21,313$16,533$12,731$8,281
23 years$32,637$25,480$19,679$15,057$11,428$7,256
24 years$30,945$23,873$18,200$13,733$10,272$6,365
25 years$29,391$22,404$16,857$12,541$9,243$5,587
26 years$27,959$21,056$15,634$11,467$8,326$4,909
27 years$26,635$19,816$14,517$10,496$7,507$4,316
28 years$25,408$18,672$13,496$9,617$6,773$3,796
29 years$24,268$17,615$12,559$8,819$6,116$3,341
30 years$23,205$16,636$11,698$8,093$5,526$2,942
31 years$22,214$15,726$10,906$7,433$4,996$2,591
32 years$21,286$14,880$10,175$6,831$4,520$2,283
33 years$20,416$14,092$9,501$6,282$4,090$2,012
34 years$19,599$13,356$8,877$5,780$3,703$1,774
35 years$18,830$12,668$8,299$5,321$3,354$1,565
36 years$18,106$12,024$7,764$4,900$3,039$1,380
37 years$17,422$11,420$7,267$4,515$2,754$1,217
38 years$16,776$10,853$6,805$4,162$2,497$1,074
39 years$16,165$10,320$6,376$3,837$2,264$948
40 years$15,586$9,819$5,976$3,539$2,054$837
41 years$15,036$9,346$5,603$3,265$1,863$738
42 years$14,514$8,901$5,256$3,014$1,691$652
43 years$14,017$8,481$4,932$2,782$1,535$576
44 years$13,545$8,084$4,630$2,569$1,393$508
45 years$13,095$7,709$4,347$2,372$1,264$449
46 years$12,665$7,354$4,083$2,191$1,148$396
47 years$12,255$7,018$3,836$2,024$1,043$350
48 years$11,863$6,700$3,605$1,871$947$309
49 years$11,489$6,398$3,388$1,729$860$273
50 years$11,130$6,111$3,185$1,598$781$241

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $11,400,000, adding $5,480 every year, while hoping to spend $52,226 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: 70/15/15 Blend
29$11,400,000$11,400,000$11,400,000$11,400,000
30$12,568,453$11,964,253$11,787,553$13,404,771
31$13,794,867$12,494,933$12,126,868$14,492,061
32$15,144,625$13,049,866$12,475,799$15,674,823
33$16,630,252$13,630,186$12,834,614$16,967,926
34$18,265,552$14,237,078$13,203,588$18,382,246
35$20,065,731$14,871,788$13,583,000$19,929,755
36$22,047,546$15,535,616$13,973,142$21,623,629
37$24,229,463$16,229,928$14,374,309$23,478,371
38$26,631,826$16,956,153$14,786,807$25,509,950
39$29,277,057$17,715,789$15,210,949$27,735,944
40$32,189,857$18,510,403$15,647,056$30,175,706
41$35,397,449$19,341,639$16,095,459$32,850,545
42$38,929,828$20,211,219$16,556,496$35,783,923
43$42,820,048$21,120,946$17,030,516$39,001,676
44$47,104,531$22,072,711$17,517,877$42,532,252
45$51,823,411$23,068,492$18,018,944$46,406,980
46$57,020,915$24,110,364$18,534,095$50,660,361
47$62,745,778$25,200,501$19,063,716$55,330,391
48$69,051,701$26,341,179$19,608,204$60,458,916
49$75,997,863$27,534,785$20,167,967$66,092,025
50$83,649,474$28,783,819$20,743,424$72,280,479
51$92,078,394$30,090,900$21,335,002$79,080,191
52$101,363,810$31,458,774$21,943,144$86,552,746
53$111,592,980$32,890,315$22,568,301$94,765,977
54$122,862,063$34,388,540$23,210,938$103,794,608
55$135,277,020$35,956,605$23,871,531$113,720,949
56$148,954,618$37,597,820$24,550,570$124,635,670
57$164,023,531$39,315,655$25,248,555$136,638,654
58$180,625,552$41,113,743$25,966,002$149,839,932
59$198,916,935$42,995,893$26,703,440$164,360,722
60$219,069,868$44,966,097$27,461,411$180,334,560
61$241,274,097$47,028,539$28,240,471$197,908,562
62$265,738,720$49,187,602$29,041,192$217,244,804
63$292,694,156$51,447,881$29,864,158$238,521,846
64$322,394,324$53,814,192$30,709,972$261,936,412
65$355,119,038$56,291,580$31,579,249$287,705,242
66$391,176,649$58,885,336$32,472,623$316,067,126
67$430,906,953$61,601,004$33,390,742$347,285,159
68$474,684,402$64,444,393$34,334,271$381,649,209
69$522,921,637$67,421,594$35,303,895$419,478,652
70$576,073,381$70,538,990$36,300,313$461,125,376
71$634,640,736$73,803,271$37,324,244$506,977,095
72$699,175,910$77,221,449$38,376,424$557,460,999
73$770,287,428$80,800,875$39,457,610$613,047,781
74$848,645,882$84,549,254$40,568,576$674,256,067
75$934,990,255$88,474,662$41,710,117$741,657,304
76$1,030,134,904$92,585,563$42,883,049$815,881,143
77$1,134,977,239$96,890,830$44,088,206$897,621,376
78$1,250,506,203$101,399,766$45,326,446$987,642,469
79$1,377,811,601$106,122,121$46,598,648$1,086,786,769
80$1,518,094,394$111,068,114$47,905,712$1,195,982,444
81$1,672,678,031$116,248,460$49,248,562$1,316,252,235
82$1,843,020,946$121,674,391$50,628,145$1,448,723,091
83$2,030,730,326$127,357,680$52,045,431$1,594,636,800
84$2,237,577,282$133,310,668$53,501,416$1,755,361,694
85$2,465,513,570$139,546,296$54,997,118$1,932,405,553
86$2,716,690,016$146,078,127$56,533,584$2,127,429,820
87$2,993,476,823$152,920,380$58,111,884$2,342,265,275
88$3,298,485,943$160,087,964$59,733,117$2,578,929,294
89$3,634,595,741$167,596,505$61,398,407$2,839,644,881
90$4,004,978,160$175,462,388$63,108,908$3,126,861,633
91$4,413,128,677$183,702,789$64,865,801$3,443,278,845
92$4,862,899,293$192,335,716$66,670,296$3,791,870,974
93$5,358,534,903$201,380,049$68,523,633$4,175,915,696
94$5,904,713,372$210,855,581$70,427,084$4,599,024,827
95$6,506,589,694$220,783,062$72,381,950$5,065,178,399
96$7,169,844,662$231,184,250$74,389,563$5,578,762,205
97$7,900,738,494$242,081,956$76,451,291$6,144,609,182
98$8,706,169,942$253,500,093$78,568,531$6,768,045,005
99$9,593,741,416$265,463,738$80,742,716$7,454,938,344
100$10,571,830,758$277,999,178$82,975,314$8,211,756,231