Can I retire at age 30 with 14,300,000?

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 $14,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$1,180,881$1,170,362$1,160,100$1,150,083$1,140,302$1,098,969
2 years$584,594$573,707$563,155$552,924$543,001$501,812
3 years$385,858$374,924$364,399$354,264$344,502$304,753
4 years$286,510$275,609$265,189$255,227$245,702$207,695
5 years$226,916$216,081$205,797$196,039$186,779$150,614
6 years$187,200$176,446$166,315$156,774$147,792$113,495
7 years$158,843$148,179$138,208$128,893$120,194$87,758
8 years$137,584$127,017$117,212$108,125$99,713$69,109
9 years$121,058$110,591$100,954$92,098$83,972$55,160
10 years$107,846$97,481$88,014$79,390$71,549$44,477
11 years$97,042$86,781$77,486$69,093$61,534$36,146
12 years$88,046$77,890$68,767$60,604$53,324$29,558
13 years$80,440$70,390$61,439$53,504$46,500$24,290
14 years$73,925$63,982$55,203$47,495$40,761$20,039
15 years$68,285$58,449$49,841$42,357$35,890$16,586
16 years$63,354$53,626$45,188$37,926$31,719$13,763
17 years$59,008$49,388$41,120$34,076$28,125$11,445
18 years$55,150$45,636$37,537$30,710$25,007$9,534
19 years$51,701$42,295$34,363$27,749$22,289$7,954
20 years$48,601$39,303$31,537$25,132$19,909$6,644
21 years$45,800$36,609$29,008$22,809$17,817$5,555
22 years$43,257$34,173$26,735$20,738$15,970$4,648
23 years$40,939$31,961$24,685$18,887$14,336$3,892
24 years$38,817$29,946$22,830$17,226$12,885$3,261
25 years$36,868$28,103$21,145$15,732$11,595$2,733
26 years$35,071$26,412$19,611$14,384$10,444$2,292
27 years$33,411$24,857$18,210$13,166$9,416$1,923
28 years$31,872$23,422$16,929$12,063$8,496$1,613
29 years$30,441$22,096$15,754$11,062$7,672$1,354
30 years$29,109$20,868$14,674$10,152$6,932$1,137
31 years$27,864$19,727$13,680$9,324$6,267$954
32 years$26,700$18,666$12,764$8,569$5,669$801
33 years$25,609$17,677$11,918$7,880$5,131$673
34 years$24,584$16,753$11,135$7,250$4,645$565
35 years$23,620$15,890$10,411$6,674$4,207$475
36 years$22,712$15,082$9,739$6,147$3,812$399
37 years$21,854$14,325$9,115$5,663$3,455$335
38 years$21,044$13,614$8,536$5,220$3,132$282
39 years$20,277$12,945$7,997$4,813$2,840$237
40 years$19,550$12,316$7,496$4,440$2,576$199
41 years$18,861$11,724$7,029$4,096$2,337$167
42 years$18,206$11,165$6,593$3,780$2,121$140
43 years$17,583$10,638$6,187$3,490$1,925$118
44 years$16,990$10,141$5,808$3,222$1,747$99
45 years$16,426$9,670$5,453$2,976$1,586$83
46 years$15,887$9,225$5,122$2,749$1,440$70
47 years$15,373$8,803$4,812$2,539$1,308$59
48 years$14,881$8,404$4,522$2,346$1,188$49
49 years$14,411$8,025$4,250$2,169$1,079$41
50 years$13,962$7,666$3,996$2,004$980$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $14,300,000, adding $6,078 every year, while hoping to spend $42,971 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: 30/40/30 Blend
29$14,300,000$14,300,000$14,300,000$14,300,000
30$15,764,869$15,006,969$14,785,319$16,092,601
31$17,327,165$15,696,590$15,234,907$17,040,988
32$19,047,375$16,418,562$15,698,115$18,056,333
33$20,941,561$17,174,425$16,175,355$19,147,769
34$23,027,421$17,965,793$16,667,051$20,321,955
35$25,324,458$18,794,357$17,173,638$21,586,183
36$27,854,163$19,661,891$17,695,564$22,948,442
37$30,640,216$20,570,251$18,233,294$24,417,484
38$33,708,712$21,521,387$18,787,303$26,002,900
39$37,088,404$22,517,339$19,358,081$27,715,205
40$40,810,980$23,560,247$19,946,135$29,565,930
41$44,911,354$24,652,354$20,551,985$31,567,720
42$49,428,002$25,796,009$21,176,167$33,734,448
43$54,403,323$26,993,678$21,819,234$36,081,336
44$59,884,037$28,247,944$22,481,753$38,625,090
45$65,921,629$29,561,513$23,164,311$41,384,049
46$72,572,832$30,937,223$23,867,512$44,378,346
47$79,900,164$32,378,051$24,591,977$47,630,091
48$87,972,518$33,887,113$25,338,346$51,163,568
49$96,865,812$35,467,679$26,107,278$55,005,451
50$106,663,706$37,123,176$26,899,453$59,185,047
51$117,458,388$38,857,196$27,715,569$63,734,557
52$129,351,450$40,673,505$28,556,347$68,689,371
53$142,454,842$42,576,050$29,422,528$74,088,386
54$156,891,931$44,568,972$30,314,878$79,974,362
55$172,798,663$46,656,607$31,234,182$86,394,307
56$190,324,851$48,843,504$32,181,251$93,399,908
57$209,635,582$51,134,433$33,156,919$101,048,004
58$230,912,783$53,534,391$34,162,047$109,401,103
59$254,356,930$56,048,620$35,197,519$118,527,958
60$280,188,949$58,682,614$36,264,248$128,504,193
61$308,652,293$61,442,133$37,363,172$139,413,003
62$340,015,246$64,333,217$38,495,257$151,345,918
63$374,573,454$67,362,198$39,661,501$164,403,642
64$412,652,714$70,535,713$40,862,929$178,696,989
65$454,612,050$73,860,722$42,100,596$194,347,900
66$500,847,105$77,344,523$43,375,592$211,490,573
67$551,793,871$80,994,766$44,689,035$230,272,706
68$607,932,808$84,819,472$46,042,081$250,856,862
69$669,793,380$88,827,051$47,435,916$273,421,979
70$737,959,050$93,026,322$48,871,764$298,165,031
71$813,072,791$97,426,529$50,350,886$325,302,853
72$895,843,153$102,037,367$51,874,579$355,074,163
73$987,050,957$106,869,000$53,444,179$387,741,780
74$1,087,556,658$111,932,085$55,061,062$423,595,069
75$1,198,308,475$117,237,795$56,726,646$462,952,640
76$1,320,351,340$122,797,848$58,442,390$506,165,315
77$1,454,836,763$128,624,529$60,209,796$553,619,406
78$1,603,033,701$134,730,719$62,030,412$605,740,314
79$1,766,340,540$141,129,925$63,905,832$662,996,509
80$1,946,298,294$147,836,310$65,837,696$725,903,901
81$2,144,605,156$154,864,726$67,827,696$795,030,669
82$2,363,132,529$162,230,744$69,877,570$871,002,571
83$2,603,942,688$169,950,692$71,989,110$954,508,806
84$2,869,308,260$178,041,693$74,164,162$1,046,308,458
85$3,161,733,667$186,521,701$76,404,627$1,147,237,614
86$3,483,978,779$195,409,542$78,712,459$1,258,217,192
87$3,839,084,963$204,724,958$81,089,675$1,380,261,579
88$4,230,403,798$214,488,650$83,538,349$1,514,488,135
89$4,661,628,718$224,722,327$86,060,616$1,662,127,682
90$5,136,829,878$235,448,751$88,658,677$1,824,536,046
91$5,660,492,579$246,691,794$91,334,797$2,003,206,787
92$6,237,559,617$258,476,486$94,091,307$2,199,785,221
93$6,873,477,941$270,829,078$96,930,609$2,416,083,867
94$7,574,250,083$283,777,094$99,855,176$2,654,099,481
95$8,346,490,821$297,349,401$102,867,554$2,916,031,809
96$9,197,489,632$311,576,269$105,970,364$3,204,304,267
97$10,135,279,509$326,489,441$109,166,306$3,521,586,721
98$11,168,712,801$342,122,205$112,458,159$3,870,820,586
99$12,307,544,784$358,509,471$115,848,785$4,255,246,493
100$13,562,525,763$375,687,846$119,341,130$4,678,434,767