Can I retire at age 30 with 11,500,000?

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 $11,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$949,659$941,200$932,947$924,892$917,026$883,085
2 years$470,128$461,373$452,887$444,660$436,679$402,867
3 years$310,306$301,512$293,048$284,898$277,047$244,428
4 years$230,410$221,643$213,264$205,253$197,592$166,415
5 years$182,485$173,771$165,501$157,654$150,207$120,551
6 years$150,546$141,897$133,750$126,077$118,853$90,742
7 years$127,741$119,165$111,147$103,655$96,660$70,084
8 years$110,645$102,146$94,261$86,953$80,188$55,125
9 years$97,355$88,937$81,187$74,065$67,530$43,945
10 years$86,729$78,393$70,781$63,845$57,539$35,389
11 years$78,041$69,789$62,314$55,564$49,486$28,723
12 years$70,806$62,639$55,302$48,737$42,883$23,456
13 years$64,689$56,607$49,409$43,028$37,395$19,249
14 years$59,451$51,454$44,394$38,195$32,780$15,859
15 years$54,914$47,005$40,082$34,063$28,862$13,107
16 years$50,949$43,126$36,340$30,500$25,509$10,860
17 years$47,454$39,717$33,068$27,404$22,618$9,018
18 years$44,351$36,701$30,187$24,697$20,111$7,501
19 years$41,578$34,014$27,635$22,315$17,925$6,248
20 years$39,085$31,607$25,362$20,211$16,011$5,211
21 years$36,832$29,441$23,328$18,343$14,328$4,350
22 years$34,787$27,482$21,500$16,678$12,843$3,634
23 years$32,923$25,703$19,852$15,189$11,529$3,039
24 years$31,216$24,082$18,359$13,853$10,362$2,542
25 years$29,649$22,600$17,005$12,651$9,324$2,127
26 years$28,204$21,240$15,771$11,568$8,399$1,781
27 years$26,869$19,990$14,645$10,588$7,572$1,492
28 years$25,631$18,836$13,614$9,701$6,833$1,250
29 years$24,481$17,770$12,669$8,896$6,170$1,047
30 years$23,409$16,782$11,801$8,164$5,575$878
31 years$22,408$15,864$11,002$7,498$5,040$736
32 years$21,472$15,011$10,265$6,891$4,559$617
33 years$20,595$14,215$9,584$6,337$4,126$517
34 years$19,771$13,473$8,955$5,831$3,736$434
35 years$18,995$12,779$8,372$5,367$3,384$364
36 years$18,265$12,129$7,832$4,943$3,066$305
37 years$17,575$11,520$7,331$4,555$2,779$256
38 years$16,923$10,948$6,865$4,198$2,519$214
39 years$16,307$10,410$6,432$3,871$2,284$180
40 years$15,722$9,905$6,028$3,570$2,072$151
41 years$15,168$9,428$5,653$3,294$1,880$127
42 years$14,641$8,979$5,302$3,040$1,706$106
43 years$14,140$8,555$4,976$2,806$1,548$89
44 years$13,664$8,155$4,670$2,591$1,405$75
45 years$13,209$7,777$4,385$2,393$1,276$63
46 years$12,776$7,419$4,119$2,210$1,158$53
47 years$12,363$7,080$3,870$2,042$1,052$44
48 years$11,967$6,758$3,636$1,887$955$37
49 years$11,590$6,454$3,418$1,744$867$31
50 years$11,228$6,165$3,213$1,612$788$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $11,500,000, adding $2,147 every year, while hoping to spend $34,488 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: 57/19/24 Blend
29$11,500,000$11,500,000$11,500,000$11,500,000
30$12,675,215$12,065,715$11,887,465$13,315,026
31$13,931,392$12,620,240$12,249,000$14,307,216
32$15,314,543$13,200,781$12,621,490$15,384,216
33$16,837,583$13,808,576$13,005,267$16,557,320
34$18,514,743$14,444,923$13,400,671$17,835,811
35$20,361,705$15,111,182$13,808,051$19,229,896
36$22,395,749$15,808,780$14,227,771$20,750,805
37$24,635,916$16,539,210$14,660,201$22,410,887
38$27,103,187$17,304,040$15,105,726$24,223,730
39$29,820,683$18,104,909$15,564,739$26,204,282
40$32,813,883$18,943,540$16,037,648$28,368,990
41$36,110,862$19,821,735$16,524,872$30,735,953
42$39,742,555$20,741,386$17,026,841$33,325,088
43$43,743,056$21,704,474$17,544,000$36,158,315
44$48,149,931$22,713,077$18,076,807$39,259,758
45$53,004,577$23,769,371$18,625,733$42,655,971
46$58,352,613$24,875,639$19,191,264$46,376,186
47$64,244,307$26,034,273$19,773,900$50,452,578
48$70,735,056$27,247,782$20,374,155$54,920,572
49$77,885,903$28,518,795$20,992,560$59,819,168
50$85,764,117$29,850,067$21,629,662$65,191,304
51$94,443,824$31,244,488$22,286,023$71,084,259
52$104,006,713$32,705,086$22,962,223$77,550,090
53$114,542,798$34,235,036$23,658,859$84,646,122
54$126,151,278$35,837,667$24,376,545$92,435,481
55$138,941,464$37,516,468$25,115,915$100,987,681
56$153,033,815$39,275,097$25,877,620$110,379,280
57$168,561,077$41,117,389$26,662,333$120,694,591
58$185,669,530$43,047,365$27,470,744$132,026,472
59$204,520,375$45,069,239$28,303,567$144,477,197
60$225,291,252$47,187,430$29,161,535$158,159,410
61$248,177,917$49,406,571$30,045,404$173,197,186
62$273,396,091$51,731,519$30,955,951$189,727,189
63$301,183,495$54,167,367$31,893,978$207,899,954
64$331,802,096$56,719,452$32,860,311$227,881,303
65$365,540,578$59,393,374$33,855,800$249,853,896
66$402,717,067$62,194,999$34,881,319$274,018,948
67$443,682,135$65,130,481$35,937,771$300,598,118
68$488,822,110$68,206,272$37,026,083$329,835,589
69$538,562,721$71,429,135$38,147,213$362,000,365
70$593,373,118$74,806,163$39,302,144$397,388,796
71$653,770,301$78,344,790$40,491,891$436,327,364
72$720,324,001$82,052,813$41,717,498$479,175,752
73$793,662,055$85,938,407$42,980,040$526,330,227
74$874,476,338$90,010,142$44,280,625$578,227,366
75$963,529,292$94,277,007$45,620,394$635,348,165
76$1,061,661,123$98,748,423$47,000,520$698,222,559
77$1,169,797,734$103,434,272$48,422,214$767,434,416
78$1,288,959,465$108,344,914$49,886,720$843,627,025
79$1,420,270,727$113,491,211$51,395,322$927,509,158
80$1,564,970,615$118,884,555$52,949,340$1,019,861,739
81$1,724,424,609$124,536,889$54,550,134$1,121,545,197
82$1,900,137,461$130,460,739$56,199,105$1,233,507,572
83$2,093,767,402$136,669,235$57,897,695$1,356,793,441
84$2,307,141,799$143,176,149$59,647,389$1,492,553,760
85$2,542,274,402$149,995,920$61,449,717$1,642,056,703
86$2,801,384,362$157,143,691$63,306,253$1,806,699,616
87$3,086,917,174$164,635,339$65,218,619$1,988,022,181
88$3,401,567,768$172,487,513$67,188,485$2,187,720,923
89$3,748,305,952$180,717,672$69,217,571$2,407,665,204
90$4,130,404,446$189,344,125$71,307,646$2,649,914,840
91$4,551,469,781$198,386,070$73,460,535$2,916,739,517
92$5,015,476,350$207,863,638$75,678,114$3,210,640,186
93$5,526,803,923$217,797,942$77,962,316$3,534,372,646
94$6,090,279,002$228,211,119$80,315,132$3,890,973,522
95$6,711,220,382$239,126,387$82,738,612$4,283,788,898
96$7,395,489,371$250,568,089$85,234,865$4,716,505,872
97$8,149,545,118$262,561,757$87,806,064$5,193,187,323
98$8,980,505,601$275,134,164$90,454,448$5,718,310,227
99$9,896,214,819$288,313,385$93,182,319$6,296,807,884
100$10,905,316,854$302,128,863$95,992,049$6,934,116,444