Can I retire at age 30 with 11,700,000?

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 $11,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$966,175$957,569$949,172$940,977$932,974$917,518
2 years$478,304$469,397$460,763$452,393$444,274$428,747
3 years$315,702$306,756$298,144$289,852$281,865$266,751
4 years$234,417$225,498$216,973$208,822$201,029$186,444
5 years$185,659$176,793$168,380$160,396$152,819$138,805
6 years$153,164$144,365$136,076$128,270$120,920$107,494
7 years$129,962$121,237$113,080$105,458$98,341$85,506
8 years$112,569$103,923$95,901$88,466$81,583$69,337
9 years$99,048$90,484$82,599$75,353$68,705$57,041
10 years$88,237$79,757$72,012$64,955$58,540$47,448
11 years$79,398$71,003$63,398$56,530$50,346$39,815
12 years$72,038$63,728$56,264$49,585$43,629$33,645
13 years$65,814$57,592$50,268$43,776$38,045$28,593
14 years$60,484$52,349$45,166$38,859$33,350$24,414
15 years$55,870$47,822$40,779$34,656$29,364$20,928
16 years$51,835$43,876$36,972$31,030$25,952$17,997
17 years$48,280$40,408$33,643$27,881$23,011$15,520
18 years$45,122$37,339$30,712$25,126$20,460$13,415
19 years$42,301$34,605$28,115$22,704$18,237$11,619
20 years$39,765$32,157$25,803$20,562$16,289$10,080
21 years$37,473$29,953$23,734$18,662$14,577$8,758
22 years$35,392$27,960$21,874$16,968$13,066$7,618
23 years$33,495$26,150$20,197$15,453$11,729$6,634
24 years$31,759$24,501$18,679$14,094$10,542$5,783
25 years$30,164$22,993$17,300$12,871$9,487$5,045
26 years$28,695$21,610$16,045$11,769$8,545$4,404
27 years$27,336$20,337$14,899$10,772$7,704$3,847
28 years$26,077$19,164$13,851$9,870$6,952$3,362
29 years$24,906$18,079$12,889$9,051$6,277$2,940
30 years$23,816$17,074$12,006$8,306$5,672$2,572
31 years$22,798$16,140$11,193$7,629$5,128$2,250
32 years$21,846$15,272$10,443$7,011$4,638$1,970
33 years$20,953$14,463$9,751$6,447$4,198$1,725
34 years$20,114$13,707$9,111$5,932$3,801$1,510
35 years$19,326$13,001$8,518$5,461$3,442$1,323
36 years$18,582$12,340$7,968$5,029$3,119$1,159
37 years$17,881$11,720$7,458$4,634$2,827$1,016
38 years$17,218$11,138$6,984$4,271$2,563$890
39 years$16,590$10,592$6,543$3,938$2,324$780
40 years$15,996$10,077$6,133$3,632$2,108$684
41 years$15,432$9,592$5,751$3,351$1,912$599
42 years$14,896$9,135$5,395$3,093$1,735$525
43 years$14,386$8,704$5,062$2,855$1,575$461
44 years$13,901$8,297$4,752$2,636$1,430$404
45 years$13,439$7,912$4,462$2,435$1,298$354
46 years$12,998$7,548$4,190$2,249$1,178$311
47 years$12,578$7,203$3,937$2,078$1,070$272
48 years$12,176$6,876$3,700$1,920$972$239
49 years$11,791$6,566$3,477$1,774$883$209
50 years$11,423$6,272$3,269$1,640$802$184

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $11,700,000, adding $3,596 every year, while hoping to spend $29,504 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: 79/16/5 Blend
29$11,700,000$11,700,000$11,700,000$11,700,000
30$12,897,109$12,277,009$12,095,659$13,913,248
31$14,181,222$12,847,191$12,469,472$15,149,349
32$15,595,326$13,444,322$12,854,818$16,500,664
33$17,152,649$14,069,693$13,252,054$17,982,019
34$18,867,766$14,724,655$13,661,545$19,606,350
35$20,756,740$15,410,625$14,083,668$21,387,897
36$22,837,269$16,129,088$14,518,813$23,342,338
37$25,128,858$16,881,601$14,967,381$25,486,935
38$27,652,998$17,669,796$15,429,785$27,840,694
39$30,433,372$18,495,383$15,906,450$30,424,541
40$33,496,077$19,360,158$16,397,817$33,261,519
41$36,869,870$20,265,999$16,904,337$36,377,005
42$40,586,441$21,214,878$17,426,477$39,798,940
43$44,680,712$22,208,861$17,964,718$43,558,100
44$49,191,164$23,250,114$18,519,556$47,688,374
45$54,160,202$24,340,909$19,091,500$52,227,086
46$59,634,556$25,483,626$19,681,078$57,215,347
47$65,665,719$26,680,762$20,288,833$62,698,432
48$72,310,436$27,934,934$20,915,323$68,726,210
49$79,631,240$29,248,885$21,561,125$75,353,611
50$87,697,037$30,625,490$22,226,833$82,641,139
51$96,583,763$32,067,768$22,913,060$90,655,438
52$106,375,096$33,578,878$23,620,437$99,469,920
53$117,163,248$35,162,135$24,349,615$109,165,455
54$129,049,836$36,821,016$25,101,263$119,831,125
55$142,146,837$38,559,164$25,876,074$131,565,064
56$156,577,652$40,380,400$26,674,759$144,475,378
57$172,478,262$42,288,729$27,498,053$158,681,162
58$189,998,519$44,288,352$28,346,713$174,313,618
59$209,303,559$46,383,672$29,221,518$191,517,289
60$230,575,355$48,579,305$30,123,272$210,451,416
61$254,014,445$50,880,094$31,052,805$231,291,435
62$279,841,814$53,291,115$32,010,970$254,230,631
63$308,300,988$55,817,689$32,998,647$279,481,951
64$339,660,331$58,465,397$34,016,743$307,280,009
65$374,215,574$61,240,092$35,066,194$337,883,296
66$412,292,615$64,147,908$36,147,963$371,576,609
67$454,250,585$67,195,279$37,263,043$408,673,735
68$500,485,248$70,388,951$38,412,459$449,520,403
69$551,432,731$73,735,998$39,597,265$494,497,537
70$607,573,645$77,243,837$40,818,548$544,024,848
71$669,437,617$80,920,245$42,077,429$598,564,785
72$737,608,295$84,773,378$43,375,065$658,626,887
73$812,728,856$88,811,788$44,712,644$724,772,589
74$895,508,076$93,044,443$46,091,394$797,620,505
75$986,727,024$97,480,745$47,512,580$877,852,264
76$1,087,246,435$102,130,555$48,977,506$966,218,925
77$1,198,014,832$107,004,214$50,487,513$1,063,548,061
78$1,320,077,488$112,112,563$52,043,988$1,170,751,555
79$1,454,586,287$117,466,974$53,648,357$1,288,834,198
80$1,602,810,602$123,079,369$55,302,090$1,418,903,158
81$1,766,149,276$128,962,251$57,006,703$1,562,178,417
82$1,946,143,834$135,128,733$58,763,759$1,720,004,277
83$2,144,493,027$141,592,563$60,574,867$1,893,862,030
84$2,363,068,877$148,368,160$62,441,687$2,085,383,924
85$2,603,934,348$155,470,645$64,365,928$2,296,368,563
86$2,869,362,818$162,915,873$66,349,354$2,528,797,857
87$3,161,859,548$170,720,474$68,393,780$2,784,855,720
88$3,484,185,329$178,901,884$70,501,078$3,066,948,667
89$3,839,382,546$187,478,390$72,673,178$3,377,728,507
90$4,230,803,905$196,469,170$74,912,069$3,720,117,359
91$4,662,144,079$205,894,335$77,219,799$4,097,335,214
92$5,137,474,594$215,774,976$79,598,481$4,512,930,311
93$5,661,282,263$226,133,211$82,050,290$4,970,812,606
94$6,238,511,550$236,992,234$84,577,471$5,475,290,659
95$6,874,611,247$248,376,373$87,182,336$6,031,112,282
96$7,575,585,916$260,311,137$89,867,266$6,643,509,332
97$8,348,052,577$272,823,280$92,634,717$7,318,247,073
98$9,199,303,181$285,940,861$95,487,220$8,061,678,571
99$10,137,373,446$299,693,305$98,427,383$8,880,804,638
100$11,171,118,731$314,111,470$101,457,894$9,783,339,889