Can I retire at age 30 with 14,200,000?

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 $14,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$1,172,623$1,162,178$1,151,987$1,142,040$1,132,328$1,112,654
2 years$580,506$569,695$559,217$549,058$539,204$519,446
3 years$383,160$372,302$361,850$351,787$342,093$322,867
4 years$284,506$273,681$263,334$253,443$243,984$225,438
5 years$225,329$214,569$204,358$194,668$185,472$167,660
6 years$185,891$175,212$165,152$155,678$146,758$129,699
7 years$157,732$147,143$137,242$127,991$119,354$103,053
8 years$136,622$126,129$116,392$107,369$99,015$83,469
9 years$120,212$109,818$100,248$91,454$83,385$68,585
10 years$107,092$96,799$87,399$78,834$71,048$56,981
11 years$96,364$86,174$76,945$68,610$61,104$47,755
12 years$87,430$77,345$68,286$60,180$52,951$40,302
13 years$79,877$69,898$61,009$53,130$46,175$34,206
14 years$73,408$63,535$54,817$47,163$40,476$29,167
15 years$67,807$58,040$49,493$42,061$35,639$24,967
16 years$62,911$53,251$44,872$37,661$31,498$21,442
17 years$58,596$49,042$40,832$33,838$27,928$18,464
18 years$54,764$45,317$37,274$30,495$24,832$15,936
19 years$51,339$41,999$34,123$27,555$22,133$13,782
20 years$48,261$39,028$31,316$24,956$19,770$11,939
21 years$45,480$36,353$28,805$22,649$17,692$10,357
22 years$42,955$33,934$26,548$20,593$15,858$8,996
23 years$40,653$31,738$24,513$18,755$14,235$7,822
24 years$38,545$29,736$22,670$17,105$12,795$6,807
25 years$36,610$27,906$20,997$15,622$11,514$5,929
26 years$34,826$26,227$19,474$14,284$10,371$5,168
27 years$33,177$24,683$18,083$13,074$9,350$4,507
28 years$31,649$23,259$16,810$11,979$8,437$3,933
29 years$30,228$21,942$15,644$10,985$7,618$3,433
30 years$28,905$20,722$14,571$10,081$6,884$2,998
31 years$27,670$19,589$13,584$9,259$6,224$2,619
32 years$26,514$18,535$12,675$8,509$5,630$2,289
33 years$25,430$17,553$11,834$7,825$5,095$2,000
34 years$24,412$16,636$11,057$7,200$4,613$1,749
35 years$23,455$15,779$10,338$6,628$4,178$1,529
36 years$22,553$14,977$9,671$6,104$3,785$1,338
37 years$21,701$14,225$9,052$5,624$3,431$1,170
38 years$20,897$13,518$8,476$5,184$3,110$1,024
39 years$20,135$12,855$7,942$4,780$2,821$896
40 years$19,414$12,230$7,444$4,408$2,558$784
41 years$18,729$11,642$6,980$4,067$2,321$686
42 years$18,079$11,087$6,547$3,754$2,106$600
43 years$17,460$10,564$6,144$3,465$1,911$525
44 years$16,872$10,070$5,767$3,199$1,735$460
45 years$16,311$9,602$5,415$2,955$1,575$403
46 years$15,776$9,160$5,086$2,729$1,430$352
47 years$15,265$8,742$4,778$2,522$1,299$308
48 years$14,777$8,345$4,490$2,330$1,179$270
49 years$14,311$7,969$4,220$2,153$1,071$236
50 years$13,864$7,612$3,968$1,990$973$207

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $14,200,000, adding $6,127 every year, while hoping to spend $57,242 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: 63/10/27 Blend
29$14,200,000$14,200,000$14,200,000$14,200,000
30$15,654,720$14,902,120$14,682,020$16,528,128
31$17,190,596$15,571,419$15,112,963$17,790,145
32$18,881,214$16,271,595$15,556,423$19,161,217
33$20,742,295$17,004,100$16,012,761$20,657,625
34$22,791,165$17,770,458$16,482,345$22,291,659
35$25,046,915$18,572,261$16,965,554$24,076,846
36$27,530,579$19,411,180$17,462,779$26,028,076
37$30,265,336$20,288,966$17,974,420$28,161,734
38$33,276,728$21,207,453$18,500,891$30,495,862
39$36,592,898$22,168,562$19,042,615$33,050,319
40$40,244,859$23,174,307$19,600,027$35,846,967
41$44,266,783$24,226,797$20,173,577$38,909,879
42$48,696,328$25,328,243$20,763,725$42,265,559
43$53,574,988$26,480,961$21,370,944$45,943,189
44$58,948,487$27,687,379$21,995,721$49,974,907
45$64,867,213$28,950,040$22,638,557$54,396,099
46$71,386,686$30,271,610$23,299,967$59,245,736
47$78,568,091$31,654,881$23,980,478$64,566,736
48$86,478,848$33,102,782$24,680,636$70,406,365
49$95,193,252$34,618,380$25,400,999$76,816,681
50$104,793,172$36,204,889$26,142,141$83,855,020
51$115,368,826$37,865,679$26,904,653$91,584,536
52$127,019,629$39,604,280$27,689,141$100,074,788
53$139,855,134$41,424,392$28,496,230$109,402,398
54$153,996,065$43,329,895$29,326,561$119,651,764
55$169,575,455$45,324,852$30,180,793$130,915,858
56$186,739,905$47,413,523$31,059,603$143,297,094
57$205,650,963$49,600,373$31,963,688$156,908,292
58$226,486,652$51,890,083$32,893,762$171,873,737
59$249,443,149$54,287,555$33,850,562$188,330,346
60$274,736,637$56,797,932$34,834,842$206,428,957
61$302,605,344$59,426,601$35,847,380$226,335,746
62$333,311,796$62,179,210$36,888,973$248,233,787
63$367,145,287$65,061,680$37,960,442$272,324,779
64$404,424,619$68,080,215$39,062,629$298,830,936
65$445,501,103$71,241,319$40,196,400$327,997,087
66$490,761,882$74,551,810$41,362,646$360,092,972
67$540,633,580$78,018,834$42,562,281$395,415,784
68$595,586,332$81,649,884$43,796,244$434,292,968
69$656,138,221$85,452,811$45,065,501$477,085,302
70$722,860,167$89,435,847$46,371,043$524,190,293
71$796,381,322$93,607,620$47,713,890$576,045,927
72$877,395,000$97,977,178$49,095,090$633,134,786
73$966,665,232$102,554,001$50,515,717$695,988,600
74$1,065,033,970$107,348,031$51,976,877$765,193,254
75$1,173,429,038$112,369,688$53,479,707$841,394,313
76$1,292,872,894$117,629,897$55,025,371$925,303,098
77$1,424,492,278$123,140,111$56,615,069$1,017,703,395
78$1,569,528,848$128,912,334$58,250,032$1,119,458,844
79$1,729,350,907$134,959,155$59,931,525$1,231,521,075
80$1,905,466,315$141,293,769$61,660,846$1,354,938,682
81$2,099,536,725$147,930,009$63,439,330$1,490,867,110
82$2,313,393,272$154,882,380$65,268,348$1,640,579,545
83$2,549,053,856$162,166,087$67,149,308$1,805,478,925
84$2,808,742,195$169,797,072$69,083,656$1,987,111,165
85$3,094,908,818$177,792,047$71,072,878$2,187,179,736
86$3,410,254,196$186,168,536$73,118,498$2,407,561,733
87$3,757,754,241$194,944,911$75,222,084$2,650,325,576
88$4,140,688,394$204,140,432$77,385,244$2,917,750,523
89$4,562,670,592$213,775,296$79,609,632$3,212,348,165
90$5,027,683,382$223,870,675$81,896,945$3,536,886,119
91$5,540,115,519$234,448,770$84,248,924$3,894,414,140
92$6,104,803,400$245,532,857$86,667,361$4,288,292,886
93$6,727,076,722$257,147,342$89,154,092$4,722,225,627
94$7,412,808,798$269,317,813$91,711,005$5,200,293,181
95$8,168,472,009$282,071,099$94,340,038$5,726,992,419
96$9,001,198,905$295,435,334$97,043,179$6,307,278,691
97$9,918,849,540$309,440,012$99,822,473$6,946,612,586
98$10,930,085,683$324,116,063$102,680,016$7,651,011,454
99$12,044,452,588$339,495,915$105,617,961$8,427,106,185
100$13,272,469,109$355,613,571$108,638,520$9,282,203,785