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%17.5%
1 years$1,156,107$1,145,809$1,135,762$1,125,955$1,116,380$1,082,378
2 years$572,330$561,671$551,341$541,325$531,609$497,645
3 years$377,763$367,058$356,754$346,832$337,275$304,413
4 years$280,499$269,827$259,625$249,873$240,547$209,040
5 years$222,156$211,547$201,480$191,926$182,860$152,792
6 years$183,273$172,744$162,826$153,485$144,691$116,089
7 years$155,510$145,070$135,309$126,189$117,673$90,535
8 years$134,698$124,352$114,753$105,856$97,621$71,931
9 years$118,519$108,271$98,837$90,166$82,211$57,941
10 years$105,583$95,436$86,168$77,724$70,048$47,162
11 years$95,006$84,961$75,861$67,643$60,243$38,703
12 years$86,199$76,256$67,325$59,332$52,206$31,966
13 years$78,752$68,913$60,150$52,381$45,524$26,538
14 years$72,375$62,640$54,045$46,498$39,906$22,124
15 years$66,852$57,223$48,795$41,468$35,137$18,507
16 years$62,025$52,501$44,240$37,130$31,054$15,525
17 years$57,770$48,351$40,257$33,361$27,535$13,053
18 years$53,993$44,679$36,749$30,065$24,482$10,996
19 years$50,616$41,408$33,642$27,167$21,822$9,278
20 years$47,582$38,478$30,875$24,605$19,492$7,839
21 years$44,839$35,841$28,399$22,330$17,443$6,631
22 years$42,350$33,456$26,174$20,303$15,635$5,614
23 years$40,080$31,291$24,167$18,491$14,035$4,757
24 years$38,003$29,318$22,351$16,865$12,615$4,033
25 years$36,094$27,513$20,701$15,402$11,351$3,422
26 years$34,335$25,858$19,199$14,082$10,225$2,904
27 years$32,710$24,335$17,828$12,890$9,219$2,466
28 years$31,203$22,931$16,574$11,810$8,318$2,095
29 years$29,803$21,633$15,423$10,830$7,511$1,780
30 years$28,498$20,430$14,366$9,939$6,787$1,513
31 years$27,280$19,313$13,393$9,128$6,136$1,286
32 years$26,140$18,274$12,496$8,389$5,550$1,093
33 years$25,072$17,306$11,668$7,715$5,023$930
34 years$24,069$16,402$10,902$7,098$4,548$791
35 years$23,125$15,557$10,192$6,534$4,119$672
36 years$22,235$14,766$9,535$6,018$3,732$572
37 years$21,396$14,024$8,924$5,545$3,383$487
38 years$20,602$13,328$8,357$5,111$3,067$414
39 years$19,852$12,674$7,830$4,712$2,781$352
40 years$19,140$12,058$7,339$4,346$2,522$300
41 years$18,465$11,478$6,881$4,010$2,288$255
42 years$17,824$10,931$6,455$3,701$2,076$217
43 years$17,214$10,415$6,057$3,416$1,885$185
44 years$16,634$9,928$5,686$3,154$1,711$157
45 years$16,081$9,467$5,339$2,913$1,553$134
46 years$15,554$9,031$5,014$2,691$1,410$114
47 years$15,050$8,619$4,711$2,486$1,280$97
48 years$14,569$8,228$4,427$2,297$1,163$82
49 years$14,109$7,857$4,161$2,123$1,056$70
50 years$13,669$7,505$3,912$1,962$959$60

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 $5,202 every year, while hoping to spend $58,637 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: 46/31/23 Blend
29$14,000,000$14,000,000$14,000,000$14,000,000
30$15,433,366$14,691,366$14,474,366$16,041,222
31$16,945,180$15,348,853$14,896,868$17,126,560
32$18,609,234$16,036,593$15,331,558$18,297,213
33$20,440,994$16,756,004$15,778,784$19,566,164
34$22,457,502$17,508,575$16,238,900$20,942,619
35$24,677,538$18,295,866$16,712,274$22,436,692
36$27,121,792$19,119,509$17,199,280$24,059,493
37$29,813,066$19,981,215$17,700,307$25,823,229
38$32,776,482$20,882,778$18,215,751$27,741,312
39$36,039,724$21,826,076$18,746,020$29,828,484
40$39,633,299$22,813,077$19,291,534$32,100,949
41$43,590,821$23,845,842$19,852,726$34,576,520
42$47,949,329$24,926,534$20,430,037$37,274,782
43$52,749,642$26,057,415$21,023,924$40,217,271
44$58,036,735$27,240,857$21,634,855$43,427,668
45$63,860,170$28,479,348$22,263,311$46,932,021
46$70,274,561$29,775,490$22,909,786$50,758,979
47$77,340,092$31,132,014$23,574,789$54,940,058
48$85,123,078$32,551,780$24,258,841$59,509,931
49$93,696,599$34,037,784$24,962,480$64,506,746
50$103,141,185$35,593,169$25,686,256$69,972,476
51$113,545,577$37,221,224$26,430,735$75,953,311
52$125,007,561$38,925,400$27,196,501$82,500,082
53$137,634,899$40,709,311$27,984,150$89,668,734
54$151,546,337$42,576,745$28,794,297$97,520,838
55$166,872,731$44,531,673$29,627,574$106,124,171
56$183,758,280$46,578,256$30,484,628$115,553,337
57$202,361,888$48,720,854$31,366,127$125,890,464
58$222,858,662$50,964,038$32,272,754$137,225,966
59$245,441,567$53,312,597$33,205,212$149,659,387
60$270,323,245$55,771,552$34,164,225$163,300,324
61$297,738,023$58,346,165$35,150,533$178,269,450
62$327,944,125$61,041,951$36,164,900$194,699,638
63$361,226,110$63,864,690$37,208,108$212,737,203
64$397,897,555$66,820,442$38,280,962$232,543,265
65$438,304,018$69,915,557$39,384,287$254,295,258
66$482,826,300$73,156,691$40,518,933$278,188,582
67$531,884,035$76,550,822$41,685,770$304,438,436
68$585,939,658$80,105,262$42,885,693$333,281,827
69$645,502,762$83,827,680$44,119,623$364,979,793
70$711,134,917$87,726,109$45,388,504$399,819,840
71$783,454,964$91,808,974$46,693,304$438,118,642
72$863,144,860$96,085,104$48,035,020$480,225,006
73$950,956,117$100,563,755$49,414,675$526,523,142
74$1,047,716,893$105,254,631$50,833,318$577,436,263
75$1,154,339,810$110,167,901$52,292,028$633,430,562
76$1,271,830,572$115,314,230$53,791,912$695,019,581
77$1,401,297,457$120,704,794$55,334,108$762,769,033
78$1,543,961,779$126,351,311$56,919,782$837,302,117
79$1,701,169,420$132,266,064$58,550,134$919,305,365
80$1,874,403,532$138,461,932$60,226,395$1,009,535,098
81$2,065,298,540$144,952,415$61,949,827$1,108,824,532
82$2,275,655,573$151,751,665$63,721,728$1,218,091,604
83$2,507,459,466$158,874,522$65,543,431$1,338,347,610
84$2,762,897,498$166,336,539$67,416,302$1,470,706,709
85$3,044,380,039$174,154,026$69,341,744$1,616,396,405
86$3,354,563,310$182,344,080$71,321,200$1,776,769,091
87$3,696,374,455$190,924,627$73,356,147$1,953,314,777
88$4,073,039,175$199,914,460$75,448,104$2,147,675,109
89$4,488,112,184$209,333,282$77,598,629$2,361,658,820
90$4,945,510,766$219,201,751$79,809,321$2,597,258,758
91$5,449,551,753$229,541,526$82,081,823$2,856,670,647
92$6,004,992,286$240,375,316$84,417,818$3,142,313,762
93$6,617,074,721$251,726,928$86,819,037$3,456,853,712
94$7,291,576,121$263,621,325$89,287,252$3,803,227,546
95$8,034,862,796$276,084,681$91,824,286$4,184,671,420
96$8,853,950,408$289,144,437$94,432,007$4,604,751,081
97$9,756,570,202$302,829,367$97,112,332$5,067,395,467
98$10,751,241,997$317,169,640$99,867,229$5,576,933,721
99$11,847,354,615$332,196,887$102,698,716$6,138,135,995
100$13,055,254,528$347,944,277$105,608,865$6,756,258,400