Can I retire at age 30 with 14,000,000?

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 $14,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$1,156,107$1,145,809$1,135,762$1,125,955$1,116,380$1,077,198
2 years$572,330$561,671$551,341$541,325$531,609$492,546
3 years$377,763$367,058$356,754$346,832$337,275$299,557
4 years$280,499$269,827$259,625$249,873$240,547$204,463
5 years$222,156$211,547$201,480$191,926$182,860$148,505
6 years$183,273$172,744$162,826$153,485$144,691$112,091
7 years$155,510$145,070$135,309$126,189$117,673$86,821
8 years$134,698$124,352$114,753$105,856$97,621$68,493
9 years$118,519$108,271$98,837$90,166$82,211$54,768
10 years$105,583$95,436$86,168$77,724$70,048$44,245
11 years$95,006$84,961$75,861$67,643$60,243$36,028
12 years$86,199$76,256$67,325$59,332$52,206$29,520
13 years$78,752$68,913$60,150$52,381$45,524$24,308
14 years$72,375$62,640$54,045$46,498$39,906$20,097
15 years$66,852$57,223$48,795$41,468$35,137$16,669
16 years$62,025$52,501$44,240$37,130$31,054$13,862
17 years$57,770$48,351$40,257$33,361$27,535$11,553
18 years$53,993$44,679$36,749$30,065$24,482$9,646
19 years$50,616$41,408$33,642$27,167$21,822$8,065
20 years$47,582$38,478$30,875$24,605$19,492$6,752
21 years$44,839$35,841$28,399$22,330$17,443$5,659
22 years$42,350$33,456$26,174$20,303$15,635$4,746
23 years$40,080$31,291$24,167$18,491$14,035$3,984
24 years$38,003$29,318$22,351$16,865$12,615$3,346
25 years$36,094$27,513$20,701$15,402$11,351$2,811
26 years$34,335$25,858$19,199$14,082$10,225$2,363
27 years$32,710$24,335$17,828$12,890$9,219$1,987
28 years$31,203$22,931$16,574$11,810$8,318$1,671
29 years$29,803$21,633$15,423$10,830$7,511$1,406
30 years$28,498$20,430$14,366$9,939$6,787$1,183
31 years$27,280$19,313$13,393$9,128$6,136$996
32 years$26,140$18,274$12,496$8,389$5,550$839
33 years$25,072$17,306$11,668$7,715$5,023$706
34 years$24,069$16,402$10,902$7,098$4,548$594
35 years$23,125$15,557$10,192$6,534$4,119$501
36 years$22,235$14,766$9,535$6,018$3,732$422
37 years$21,396$14,024$8,924$5,545$3,383$355
38 years$20,602$13,328$8,357$5,111$3,067$299
39 years$19,852$12,674$7,830$4,712$2,781$252
40 years$19,140$12,058$7,339$4,346$2,522$212
41 years$18,465$11,478$6,881$4,010$2,288$179
42 years$17,824$10,931$6,455$3,701$2,076$150
43 years$17,214$10,415$6,057$3,416$1,885$127
44 years$16,634$9,928$5,686$3,154$1,711$107
45 years$16,081$9,467$5,339$2,913$1,553$90
46 years$15,554$9,031$5,014$2,691$1,410$76
47 years$15,050$8,619$4,711$2,486$1,280$64
48 years$14,569$8,228$4,427$2,297$1,163$54
49 years$14,109$7,857$4,161$2,123$1,056$45
50 years$13,669$7,505$3,912$1,962$959$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $14,000,000, adding $3,500 every year, while hoping to spend $58,959 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: 66/18/16 Blend
29$14,000,000$14,000,000$14,000,000$14,000,000
30$15,431,610$14,689,610$14,472,610$16,390,308
31$16,942,903$15,346,669$14,894,711$17,688,772
32$18,606,371$16,033,948$15,328,976$19,100,389
33$20,437,474$16,752,865$15,775,750$20,641,978
34$22,453,248$17,504,907$16,235,389$22,326,268
35$24,672,462$18,291,630$16,708,257$24,167,266
36$27,115,798$19,114,665$17,194,729$26,180,384
37$29,806,047$19,975,722$17,695,190$28,382,585
38$32,768,322$20,876,590$18,210,037$30,792,538
39$36,030,293$21,819,145$18,739,676$33,430,789
40$39,622,453$22,805,353$19,284,525$36,319,957
41$43,578,401$23,837,273$19,845,014$39,484,940
42$47,935,161$24,917,063$20,421,585$42,953,146
43$52,733,531$26,046,982$21,014,692$46,754,750
44$58,018,468$27,229,401$21,624,801$50,922,976
45$63,839,511$28,466,801$22,252,391$55,494,402
46$70,251,250$29,761,783$22,897,955$60,509,306
47$77,313,840$31,117,073$23,561,998$66,012,037
48$85,093,568$32,535,526$24,245,042$72,051,434
49$93,663,481$34,020,135$24,947,620$78,681,278
50$103,104,071$35,574,037$25,670,280$85,960,797
51$113,504,039$37,200,518$26,413,588$93,955,217
52$124,961,130$38,903,022$27,178,121$102,736,378
53$137,583,054$40,685,159$27,964,477$112,383,399
54$151,488,504$42,550,711$28,773,266$122,983,425
55$166,808,278$44,503,642$29,605,117$134,632,439
56$183,686,509$46,548,107$30,460,675$147,436,164
57$202,282,029$48,688,461$31,340,604$161,511,054
58$222,769,867$50,929,265$32,245,584$176,985,385
59$245,342,898$53,275,304$33,176,316$194,000,459
60$270,213,669$55,731,590$34,133,519$212,711,931
61$297,616,402$58,303,376$35,117,930$233,291,269
62$327,809,203$60,996,170$36,130,308$255,927,366
63$361,076,501$63,815,741$37,171,433$280,828,310
64$397,731,733$66,768,141$38,242,105$308,223,346
65$438,120,299$69,859,710$39,343,145$338,365,024
66$482,622,827$73,097,093$40,475,397$371,531,577
67$531,658,761$76,487,257$41,639,730$408,029,535
68$585,690,326$80,037,504$42,837,032$448,196,608
69$645,226,886$83,755,487$44,068,218$492,404,864
70$710,829,752$87,649,231$45,334,228$541,064,229
71$783,117,488$91,727,144$46,636,026$594,626,341
72$862,771,740$95,998,042$47,974,601$653,588,807
73$950,543,679$100,471,167$49,350,971$718,499,879
74$1,047,261,085$105,156,206$50,766,180$789,963,624
75$1,153,836,169$110,063,313$52,221,300$868,645,603
76$1,271,274,176$115,203,134$53,717,432$955,279,147
77$1,400,682,882$120,586,827$55,255,706$1,050,672,255
78$1,543,283,046$126,226,092$56,837,282$1,155,715,212
79$1,700,419,938$132,133,191$58,463,352$1,271,388,974
80$1,873,576,037$138,320,982$60,135,139$1,398,774,406
81$2,064,385,025$144,802,943$61,853,899$1,539,062,474
82$2,274,647,214$151,593,203$63,620,920$1,693,565,460
83$2,506,346,535$158,706,576$65,437,527$1,863,729,335
84$2,761,669,275$166,158,592$67,305,077$2,051,147,385
85$3,043,024,709$173,965,530$69,224,965$2,257,575,232
86$3,353,067,850$182,144,462$71,198,622$2,484,947,379
87$3,694,724,512$190,713,282$73,227,517$2,735,395,451
88$4,071,218,931$199,690,752$75,313,158$3,011,268,294
89$4,486,104,205$209,096,542$77,457,092$3,315,154,118
90$4,943,295,838$218,951,276$79,660,908$3,649,904,902
91$5,447,108,700$229,276,575$81,926,235$4,018,663,295
92$6,002,297,769$240,095,110$84,254,747$4,424,892,243
93$6,614,103,020$251,430,648$86,648,158$4,872,407,656
94$7,288,298,888$263,308,110$89,108,232$5,365,414,397
95$8,031,248,792$275,753,625$91,636,775$5,908,545,939
96$8,849,965,204$288,794,587$94,235,642$6,506,908,075
97$9,752,175,854$302,459,721$96,906,736$7,166,127,077
98$10,746,396,688$316,779,145$99,652,008$7,892,402,773
99$11,842,012,262$331,784,435$102,473,463$8,692,567,034
100$13,049,364,343$347,508,702$105,373,154$9,574,148,225