Can I retire at age 30 with 11,900,000?

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 $11,900,000?

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$982,691$973,938$965,398$957,062$948,923$933,202
2 years$486,481$477,420$468,640$460,126$451,868$436,076
3 years$321,099$311,999$303,241$294,807$286,684$271,311
4 years$238,424$229,353$220,682$212,392$204,465$189,631
5 years$188,832$179,815$171,258$163,137$155,431$141,178
6 years$155,782$146,833$138,402$130,462$122,987$109,332
7 years$132,184$123,310$115,013$107,260$100,022$86,967
8 years$114,493$105,699$97,540$89,978$82,978$70,522
9 years$100,741$92,030$84,011$76,641$69,879$58,016
10 years$89,746$81,120$73,243$66,065$59,541$48,259
11 years$80,756$72,217$64,482$57,497$51,207$40,496
12 years$73,269$64,818$57,226$50,432$44,375$34,220
13 years$66,939$58,576$51,128$44,524$38,696$29,082
14 years$61,518$53,244$45,938$39,524$33,920$24,832
15 years$56,825$48,640$41,476$35,248$29,866$21,285
16 years$52,721$44,626$37,604$31,561$26,396$18,305
17 years$49,105$41,099$34,218$28,357$23,404$15,786
18 years$45,894$37,977$31,237$25,556$20,810$13,644
19 years$43,024$35,197$28,596$23,092$18,548$11,817
20 years$40,444$32,707$26,244$20,914$16,568$10,252
21 years$38,113$30,465$24,139$18,981$14,826$8,907
22 years$35,997$28,438$22,248$17,258$13,290$7,749
23 years$34,068$26,597$20,542$15,717$11,930$6,748
24 years$32,302$24,920$18,998$14,335$10,723$5,882
25 years$30,680$23,386$17,596$13,091$9,649$5,131
26 years$29,185$21,979$16,319$11,970$8,691$4,479
27 years$27,803$20,685$15,154$10,957$7,836$3,913
28 years$26,523$19,491$14,088$10,039$7,070$3,420
29 years$25,332$18,388$13,110$9,206$6,384$2,990
30 years$24,223$17,365$12,211$8,448$5,769$2,616
31 years$23,188$16,416$11,384$7,759$5,215$2,289
32 years$22,219$15,533$10,622$7,131$4,718$2,003
33 years$21,311$14,710$9,917$6,557$4,270$1,754
34 years$20,458$13,942$9,266$6,033$3,866$1,536
35 years$19,656$13,223$8,663$5,554$3,501$1,346
36 years$18,900$12,551$8,104$5,115$3,172$1,179
37 years$18,186$11,921$7,586$4,713$2,875$1,033
38 years$17,512$11,329$7,104$4,344$2,607$905
39 years$16,874$10,773$6,655$4,005$2,364$793
40 years$16,269$10,249$6,238$3,694$2,144$695
41 years$15,695$9,756$5,849$3,409$1,945$610
42 years$15,150$9,292$5,487$3,146$1,765$534
43 years$14,632$8,853$5,149$2,904$1,602$469
44 years$14,139$8,439$4,833$2,681$1,454$411
45 years$13,669$8,047$4,538$2,476$1,320$360
46 years$13,221$7,677$4,262$2,287$1,198$316
47 years$12,793$7,326$4,004$2,113$1,088$277
48 years$12,384$6,994$3,763$1,953$988$243
49 years$11,993$6,678$3,537$1,805$898$213
50 years$11,619$6,379$3,325$1,668$815$187

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $11,900,000, adding $3,713 every year, while hoping to spend $30,636 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: 71/15/14 Blend
29$11,900,000$11,900,000$11,900,000$11,900,000
30$13,117,630$12,486,930$12,302,480$14,008,037
31$14,423,032$13,066,193$12,682,017$15,178,548
32$15,860,558$13,672,813$13,073,241$16,455,442
33$17,443,652$14,308,099$13,476,512$17,852,488
34$19,187,130$14,973,421$13,892,200$19,381,546
35$21,107,315$15,670,217$14,320,687$21,055,671
36$23,222,197$16,399,993$14,762,366$22,889,232
37$25,551,598$17,164,329$15,217,642$24,898,045
38$28,117,361$17,964,881$15,686,933$27,099,523
39$30,943,556$18,803,385$16,170,670$29,512,832
40$34,056,707$19,681,659$16,669,295$32,159,078
41$37,486,042$20,601,611$17,183,268$35,061,494
42$41,263,769$21,565,241$17,713,058$38,245,664
43$45,425,380$22,574,644$18,259,152$41,739,758
44$50,009,986$23,632,019$18,822,050$45,574,794
45$55,060,685$24,739,668$19,402,269$49,784,932
46$60,624,970$25,900,006$20,000,340$54,407,788
47$66,755,177$27,115,567$20,616,811$59,484,788
48$73,508,978$28,389,003$21,252,248$65,061,556
49$80,949,928$29,723,098$21,907,232$71,188,341
50$89,148,060$31,120,769$22,582,364$77,920,483
51$98,180,550$32,585,075$23,278,262$85,318,939
52$108,132,446$34,119,223$23,995,563$93,450,846
53$119,097,465$35,726,575$24,734,924$102,390,158
54$131,178,885$37,410,656$25,497,022$112,218,332
55$144,490,514$39,175,161$26,282,555$123,025,098
56$159,157,768$41,023,965$27,092,242$134,909,296
57$175,318,852$42,961,131$27,926,825$147,979,809
58$193,126,067$44,990,919$28,787,065$162,356,580
59$212,747,246$47,117,794$29,673,752$178,171,741
60$234,367,338$49,346,439$30,587,696$195,570,856
61$258,190,156$51,681,764$31,529,733$214,714,285
62$284,440,298$54,128,916$32,500,725$235,778,693
63$313,365,268$56,693,293$33,501,559$258,958,711
64$345,237,815$59,380,554$34,533,151$284,468,765
65$380,358,505$62,196,634$35,596,444$312,545,094
66$419,058,558$65,147,754$36,692,410$343,447,972
67$461,702,976$68,240,439$37,822,051$377,464,156
68$508,693,988$71,481,530$38,986,399$414,909,584
69$560,474,850$74,878,199$40,186,518$456,132,350
70$617,534,022$78,437,968$41,423,504$501,515,979
71$680,409,788$82,168,725$42,698,487$551,483,038
72$749,695,332$86,078,738$44,012,632$606,499,118
73$826,044,340$90,176,680$45,367,139$667,077,212
74$910,177,168$94,471,644$46,763,244$733,782,554
75$1,002,887,650$98,973,164$48,202,223$807,237,938
76$1,105,050,581$103,691,240$49,685,388$888,129,587
77$1,217,629,985$108,636,356$51,214,094$977,213,617
78$1,341,688,213$113,819,506$52,789,735$1,075,323,164
79$1,478,395,968$119,252,220$54,413,749$1,183,376,235
80$1,629,043,365$124,946,587$56,087,618$1,302,384,356
81$1,795,052,103$130,915,284$57,812,868$1,433,462,110
82$1,977,988,891$137,171,607$59,591,072$1,577,837,642
83$2,179,580,238$143,729,496$61,423,853$1,736,864,234
84$2,401,728,752$150,603,570$63,312,882$1,912,033,068
85$2,646,531,100$157,809,161$65,259,879$2,104,987,282
86$2,916,297,808$165,362,346$67,266,621$2,317,537,461
87$3,213,575,067$173,279,983$69,334,935$2,551,678,716
88$3,541,168,775$181,579,754$71,466,707$2,809,609,493
89$3,902,171,027$190,280,198$73,663,878$3,093,752,306
90$4,299,989,304$199,400,760$75,928,450$3,406,776,587
91$4,738,378,645$208,961,829$78,262,485$3,751,623,862
92$5,221,477,097$218,984,790$80,668,109$4,131,535,494
93$5,753,844,783$229,492,066$83,147,512$4,550,083,258
94$6,340,506,948$240,507,175$85,702,952$5,011,203,037
95$6,987,001,410$252,054,779$88,336,753$5,519,231,945
96$7,699,430,833$264,160,743$91,051,314$6,078,949,249
97$8,484,520,349$276,852,190$93,849,103$6,695,621,450
98$9,349,681,043$290,157,566$96,732,668$7,375,051,976
99$10,303,079,927$304,106,704$99,704,629$8,123,635,933
100$11,353,717,036$318,730,889$102,767,691$8,948,420,445