Can I retire at age 30 with 11,600,000?

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 $11,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$957,917$949,385$941,060$932,934$925,000$914,960
2 years$474,216$465,385$456,825$448,526$440,476$430,367
3 years$313,004$304,134$295,596$287,375$279,456$269,591
4 years$232,413$223,571$215,118$207,038$199,311$189,766
5 years$184,072$175,282$166,941$159,025$151,513$142,317
6 years$151,855$143,131$134,913$127,173$119,887$111,051
7 years$128,851$120,201$112,113$104,556$97,500$89,028
8 years$111,607$103,035$95,081$87,710$80,886$72,777
9 years$98,201$89,710$81,893$74,709$68,118$60,369
10 years$87,483$79,075$71,396$64,400$58,040$50,646
11 years$78,720$70,396$62,856$56,047$49,916$42,871
12 years$71,422$63,184$55,783$49,161$43,256$36,553
13 years$65,252$57,100$49,839$43,402$37,720$31,350
14 years$59,968$51,902$44,780$38,527$33,065$27,020
15 years$55,392$47,413$40,431$34,360$29,113$23,383
16 years$51,392$43,501$36,656$30,765$25,730$20,306
17 years$47,867$40,063$33,356$27,642$22,814$17,685
18 years$44,737$37,020$30,449$24,911$20,285$15,441
19 years$41,939$34,309$27,875$22,509$18,081$13,510
20 years$39,425$31,882$25,582$20,387$16,150$11,843
21 years$37,153$29,697$23,531$18,502$14,453$10,399
22 years$35,090$27,721$21,687$16,823$12,955$9,143
23 years$33,209$25,927$20,024$15,321$11,629$8,048
24 years$31,488$24,292$18,519$13,973$10,452$7,092
25 years$29,907$22,797$17,152$12,761$9,405$6,255
26 years$28,449$21,425$15,908$11,668$8,472$5,522
27 years$27,102$20,164$14,772$10,680$7,638$4,878
28 years$25,854$19,000$13,732$9,785$6,892$4,312
29 years$24,694$17,924$12,779$8,973$6,223$3,813
30 years$23,613$16,928$11,903$8,235$5,623$3,374
31 years$22,603$16,002$11,097$7,564$5,084$2,987
32 years$21,659$15,141$10,354$6,951$4,599$2,645
33 years$20,774$14,339$9,667$6,392$4,162$2,343
34 years$19,943$13,590$9,033$5,881$3,768$2,076
35 years$19,160$12,890$8,445$5,414$3,413$1,840
36 years$18,423$12,235$7,900$4,986$3,092$1,631
37 years$17,728$11,620$7,394$4,594$2,803$1,446
38 years$17,071$11,043$6,924$4,235$2,541$1,283
39 years$16,449$10,501$6,487$3,904$2,304$1,138
40 years$15,859$9,991$6,081$3,601$2,090$1,009
41 years$15,300$9,510$5,702$3,323$1,896$895
42 years$14,768$9,057$5,348$3,066$1,720$795
43 years$14,263$8,630$5,019$2,831$1,561$705
44 years$13,782$8,226$4,711$2,614$1,417$626
45 years$13,324$7,844$4,423$2,414$1,287$555
46 years$12,887$7,483$4,155$2,230$1,168$493
47 years$12,470$7,141$3,903$2,060$1,061$438
48 years$12,072$6,817$3,668$1,903$963$388
49 years$11,690$6,510$3,448$1,759$875$345
50 years$11,326$6,219$3,241$1,626$795$306

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $11,600,000, adding $5,016 every year, while hoping to spend $47,715 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: 67/20/13 Blend
29$11,600,000$11,600,000$11,600,000$11,600,000
30$12,788,374$12,173,574$11,993,774$13,607,181
31$14,042,020$12,719,311$12,344,797$14,699,070
32$15,421,938$13,290,189$12,705,980$15,886,348
33$16,940,959$13,887,391$13,077,613$17,183,261
34$18,613,218$14,512,155$13,459,995$18,600,547
35$20,454,292$15,165,777$13,853,431$20,150,021
36$22,481,346$15,849,615$14,258,236$21,844,682
37$24,713,291$16,565,095$14,674,735$23,698,837
38$27,170,969$17,313,707$15,103,261$25,728,231
39$29,877,343$18,097,013$15,544,155$27,950,193
40$32,857,717$18,916,652$15,997,770$30,383,798
41$36,139,976$19,774,340$16,464,467$33,050,041
42$39,754,844$20,671,873$16,944,617$35,972,035
43$43,736,179$21,611,136$17,438,603$39,175,227
44$48,121,291$22,594,103$17,946,817$42,687,629
45$52,951,290$23,622,841$18,469,663$46,540,084
46$58,271,480$24,699,520$19,007,556$50,766,553
47$64,131,784$25,826,409$19,560,921$55,404,428
48$70,587,212$27,005,888$20,130,198$60,494,886
49$77,698,383$28,240,453$20,715,836$66,083,267
50$85,532,100$29,532,717$21,318,298$72,219,505
51$94,161,973$30,885,419$21,938,060$78,958,588
52$103,669,119$32,301,429$22,575,610$86,361,076
53$114,142,927$33,783,757$23,231,450$94,493,669
54$125,681,900$35,335,555$23,906,098$103,429,824
55$138,394,583$36,960,127$24,600,082$113,250,452
56$152,400,595$38,660,937$25,313,949$124,044,669
57$167,831,747$40,441,615$26,048,258$135,910,637
58$184,833,295$42,305,963$26,803,584$148,956,477
59$203,565,306$44,257,970$27,580,519$163,301,291
60$224,204,171$46,301,815$28,379,670$179,076,274
61$246,944,269$48,441,877$29,201,662$196,425,946
62$271,999,802$50,682,746$30,047,135$215,509,511
63$299,606,817$53,029,236$30,916,750$236,502,350
64$330,025,433$55,486,390$31,811,181$259,597,669
65$363,542,298$58,059,493$32,731,127$285,008,314
66$400,473,293$60,754,089$33,677,299$312,968,773
67$441,166,513$63,575,984$34,650,434$343,737,375
68$486,005,558$66,531,268$35,651,284$377,598,727
69$535,413,148$69,626,323$36,680,625$414,866,381
70$589,855,115$72,867,838$37,739,252$455,885,794
71$649,844,802$76,262,828$38,827,982$501,037,567
72$715,947,908$79,818,643$39,947,656$550,741,034
73$788,787,827$83,542,989$41,099,135$605,458,205
74$869,051,535$87,443,944$42,283,305$665,698,116
75$957,496,073$91,529,979$43,501,077$732,021,620
76$1,054,955,693$95,809,969$44,753,384$805,046,669
77$1,162,349,739$100,293,222$46,041,187$885,454,130
78$1,280,691,316$104,989,494$47,365,471$973,994,202
79$1,411,096,864$109,909,013$48,727,248$1,071,493,478
80$1,554,796,692$115,062,502$50,127,559$1,178,862,734
81$1,713,146,593$120,461,203$51,567,470$1,297,105,510
82$1,887,640,644$126,116,900$53,048,079$1,427,327,561
83$2,079,925,310$132,041,949$54,570,510$1,570,747,285
84$2,291,814,990$138,249,303$56,135,921$1,728,707,197
85$2,525,309,143$144,752,542$57,745,497$1,902,686,586
86$2,782,611,163$151,565,905$59,400,459$2,094,315,460
87$3,066,149,184$158,704,317$61,102,057$2,305,389,906
88$3,378,599,002$166,183,429$62,851,577$2,537,889,028
89$3,722,909,333$174,019,650$64,650,338$2,793,993,602
90$4,102,329,655$182,230,183$66,499,694$3,076,106,640
91$4,520,440,882$190,833,064$68,401,036$3,386,876,045
92$4,981,189,172$199,847,204$70,355,791$3,729,219,583
93$5,488,923,183$209,292,433$72,365,425$4,106,352,401
94$6,048,435,123$219,189,537$74,431,442$4,521,817,342
95$6,665,005,997$229,560,316$76,555,387$4,979,518,364
96$7,344,455,461$240,427,624$78,738,845$5,483,757,361
97$8,093,196,764$251,815,424$80,983,442$6,039,274,739
98$8,918,297,296$263,748,841$83,290,849$6,651,294,129
99$9,827,545,307$276,254,221$85,662,780$7,325,571,669
100$10,829,523,439$289,359,189$88,100,993$8,068,450,298