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 $5,643 every year, while hoping to spend $37,891 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: 78/16/6 Blend
29$14,300,000$14,300,000$14,300,000$14,300,000
30$15,764,421$15,006,521$14,784,871$16,985,449
31$17,332,076$15,701,525$15,239,848$18,481,931
32$19,058,362$16,429,314$15,708,797$20,117,122
33$20,959,419$17,191,454$16,192,147$21,909,202
34$23,053,033$17,989,589$16,690,337$23,873,762
35$25,358,802$18,825,438$17,203,822$26,027,963
36$27,898,322$19,700,806$17,733,072$28,390,702
37$30,695,389$20,617,584$18,278,569$30,982,780
38$33,776,228$21,577,755$18,840,810$33,827,102
39$37,169,734$22,583,396$19,420,308$36,948,887
40$40,907,751$23,636,686$20,017,592$40,375,904
41$45,025,366$24,739,909$20,633,206$44,138,730
42$49,561,247$25,895,457$21,267,712$48,271,040
43$54,558,001$27,105,842$21,921,687$52,809,913
44$60,062,581$28,373,692$22,595,728$57,796,188
45$66,126,728$29,701,767$23,290,448$63,274,840
46$72,807,457$31,092,957$24,006,481$69,295,402
47$80,167,599$32,550,292$24,744,480$75,912,428
48$88,276,389$34,076,952$25,505,115$83,186,008
49$97,210,125$35,676,266$26,289,080$91,182,325
50$107,052,881$37,351,727$27,097,088$99,974,277
51$117,897,310$39,106,997$27,929,875$109,642,165
52$129,845,509$40,945,913$28,788,200$120,274,438
53$143,009,989$42,872,501$29,672,842$131,968,531
54$157,514,733$44,890,978$30,584,608$144,831,773
55$173,496,369$47,005,770$31,524,325$158,982,399
56$191,105,459$49,221,513$32,492,851$174,550,656
57$210,507,919$51,543,070$33,491,064$191,680,030
58$231,886,585$53,975,538$34,519,873$210,528,593
59$255,442,941$56,524,264$35,580,213$231,270,486
60$281,399,019$59,194,851$36,673,048$254,097,561
61$309,999,495$61,993,175$37,799,372$279,221,180
62$341,514,000$64,925,397$38,960,207$306,874,203
63$376,239,663$67,997,976$40,156,609$337,313,181
64$414,503,917$71,217,686$41,389,664$370,820,768
65$456,667,592$74,591,627$42,660,492$407,708,378
66$503,128,315$78,127,246$43,970,248$448,319,120
67$554,324,273$81,832,351$45,320,120$493,031,023
68$610,738,339$85,715,126$46,711,335$542,260,599
69$672,902,639$89,784,157$48,145,154$596,466,760
70$741,403,571$94,048,444$49,622,880$656,155,142
71$816,887,342$98,517,424$51,145,852$721,882,865
72$900,066,066$103,200,993$52,715,454$794,263,783
73$991,724,490$108,109,527$54,333,107$873,974,263
74$1,092,727,402$113,253,908$56,000,280$961,759,558
75$1,204,027,792$118,645,544$57,718,485$1,058,440,830
76$1,326,675,851$124,296,400$59,489,278$1,164,922,887
77$1,461,828,885$130,219,021$61,314,266$1,282,202,707
78$1,610,762,239$136,426,560$63,195,101$1,411,378,837
79$1,774,881,339$142,932,814$65,133,490$1,553,661,748
80$1,955,734,961$149,752,247$67,131,186$1,710,385,241
81$2,155,029,847$156,900,027$69,190,001$1,883,019,023
82$2,374,646,824$164,392,061$71,311,799$2,073,182,563
83$2,616,658,557$172,245,028$73,498,500$2,282,660,359
84$2,883,349,115$180,476,421$75,752,086$2,513,418,767
85$3,177,235,539$189,104,580$78,074,595$2,767,624,538
86$3,501,091,601$198,148,740$80,468,130$3,047,665,255
87$3,857,973,988$207,629,073$82,934,857$3,356,171,846
88$4,251,251,167$217,566,729$85,477,007$3,696,043,398
89$4,684,635,179$227,983,892$88,096,880$4,070,474,499
90$5,162,216,686$238,903,822$90,796,844$4,482,985,372
91$5,688,503,592$250,350,913$93,579,342$4,937,455,075
92$6,268,463,598$262,350,747$96,446,890$5,438,158,096
93$6,907,571,102$274,930,151$99,402,078$5,989,804,674
94$7,611,858,885$288,117,259$102,447,578$6,597,585,232
95$8,387,975,060$301,941,574$105,586,141$7,267,219,349
96$9,243,245,843$316,434,037$108,820,603$8,005,009,713
97$10,185,744,711$331,627,097$112,153,885$8,817,901,593
98$11,224,368,629$347,554,782$115,588,998$9,713,548,361
99$12,368,922,043$364,252,780$119,129,043$10,700,383,710
100$13,630,209,440$381,758,515$122,777,215$11,787,701,227