Can I retire at age 30 with 14,400,000?

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 $14,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$1,189,139$1,178,546$1,168,212$1,158,125$1,148,276$1,121,884
2 years$588,682$577,719$567,093$556,791$546,798$520,354
3 years$388,557$377,546$366,947$356,741$346,911$321,242
4 years$288,513$277,536$267,043$257,012$247,420$222,722
5 years$228,503$217,592$207,237$197,410$188,085$164,428
6 years$188,509$177,680$167,478$157,870$148,825$126,234
7 years$159,953$149,215$139,175$129,794$121,035$99,513
8 years$138,546$127,905$118,031$108,881$100,410$79,949
9 years$121,905$111,364$101,660$92,742$84,560$65,144
10 years$108,600$98,162$88,630$79,945$72,049$53,658
11 years$97,721$87,388$78,028$69,576$61,965$44,573
12 years$88,662$78,435$69,248$61,027$53,697$37,277
13 years$81,002$70,882$61,869$53,878$46,825$31,345
14 years$74,442$64,430$55,589$47,827$41,047$26,475
15 years$68,762$58,858$50,190$42,653$36,141$22,444
16 years$63,797$54,001$45,504$38,191$31,941$19,085
17 years$59,421$49,733$41,407$34,315$28,321$16,270
18 years$55,535$45,955$37,799$30,924$25,182$13,900
19 years$52,063$42,591$34,603$27,943$22,445$11,897
20 years$48,941$39,578$31,757$25,308$20,048$10,198
21 years$46,120$36,865$29,211$22,968$17,941$8,753
22 years$43,560$34,412$26,922$20,883$16,082$7,521
23 years$41,225$32,185$24,858$19,019$14,436$6,469
24 years$39,088$30,155$22,989$17,346$12,975$5,568
25 years$37,125$28,299$21,293$15,842$11,676$4,796
26 years$35,316$26,597$19,748$14,485$10,517$4,133
27 years$33,644$25,031$18,338$13,258$9,482$3,564
28 years$32,094$23,586$17,047$12,147$8,556$3,075
29 years$30,654$22,251$15,864$11,139$7,726$2,654
30 years$29,312$21,014$14,777$10,223$6,981$2,291
31 years$28,059$19,865$13,776$9,389$6,311$1,978
32 years$26,887$18,796$12,853$8,629$5,709$1,709
33 years$25,788$17,800$12,001$7,935$5,167$1,476
34 years$24,756$16,871$11,213$7,301$4,678$1,275
35 years$23,785$16,002$10,483$6,721$4,237$1,102
36 years$22,871$15,188$9,807$6,190$3,839$953
37 years$22,007$14,425$9,179$5,703$3,479$824
38 years$21,191$13,709$8,596$5,257$3,154$712
39 years$20,419$13,036$8,053$4,847$2,860$616
40 years$19,687$12,402$7,548$4,471$2,594$532
41 years$18,993$11,806$7,078$4,125$2,354$460
42 years$18,333$11,244$6,639$3,807$2,136$398
43 years$17,706$10,713$6,230$3,514$1,938$344
44 years$17,109$10,212$5,848$3,245$1,759$298
45 years$16,540$9,738$5,491$2,996$1,597$257
46 years$15,998$9,289$5,157$2,768$1,450$223
47 years$15,480$8,865$4,845$2,557$1,317$193
48 years$14,985$8,463$4,553$2,363$1,196$167
49 years$14,512$8,081$4,280$2,184$1,086$144
50 years$14,059$7,720$4,024$2,018$987$125

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $14,400,000, adding $4,458 every year, while hoping to spend $44,062 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: 27/48/25 Blend
29$14,400,000$14,400,000$14,400,000$14,400,000
30$15,873,398$15,110,198$14,886,998$16,177,413
31$17,445,603$15,803,717$15,338,831$17,114,209
32$19,176,697$16,529,740$15,804,324$18,115,205
33$21,082,838$17,289,816$16,283,887$19,189,070
34$23,181,834$18,085,564$16,777,944$20,342,026
35$25,493,308$18,918,683$17,286,932$21,580,879
36$28,038,880$19,790,953$17,811,298$22,913,077
37$30,842,375$20,704,239$18,351,507$24,346,766
38$33,930,049$21,660,498$18,908,033$25,890,866
39$37,330,830$22,661,779$19,481,369$27,555,144
40$41,076,599$23,710,230$20,072,018$29,350,297
41$45,202,483$24,808,102$20,680,502$31,288,047
42$49,747,194$25,957,757$21,307,357$33,381,238
43$54,753,388$27,161,668$21,953,134$35,643,950
44$60,268,072$28,422,427$22,618,402$38,091,622
45$66,343,043$29,742,754$23,303,746$40,741,187
46$73,035,381$31,125,497$24,009,769$43,611,219
47$80,407,987$32,573,643$24,737,093$46,722,096
48$88,530,172$34,090,322$25,486,357$50,096,185
49$97,478,319$35,678,817$26,258,218$53,758,034
50$107,336,595$37,342,567$27,053,357$57,734,594
51$118,197,754$39,085,179$27,872,470$62,055,460
52$130,164,005$40,910,433$28,716,278$66,753,132
53$143,347,981$42,822,291$29,585,521$71,863,310
54$157,873,800$44,824,909$30,480,961$77,425,214
55$173,878,240$46,922,642$31,403,386$83,481,935
56$191,512,024$49,120,055$32,353,602$90,080,830
57$210,941,247$51,421,934$33,332,445$97,273,942
58$232,348,943$53,833,298$34,340,771$105,118,481
59$255,936,813$56,359,407$35,379,464$113,677,337
60$281,927,126$59,005,776$36,449,434$123,019,657
61$310,564,821$61,778,187$37,551,618$133,221,474
62$342,119,816$64,682,702$38,686,981$144,366,400
63$376,889,558$67,725,675$39,856,516$156,546,396
64$415,201,830$70,913,770$41,061,246$169,862,608
65$457,417,844$74,253,972$42,302,225$184,426,301
66$503,935,653$77,753,605$43,580,538$200,359,881
67$555,193,905$81,420,348$44,897,302$217,798,019
68$611,675,989$85,262,250$46,253,667$236,888,892
69$673,914,593$89,287,754$47,650,818$257,795,553
70$742,496,736$93,505,708$49,089,975$280,697,435
71$818,069,307$97,925,392$50,572,393$305,792,011
72$901,345,174$102,556,534$52,099,367$333,296,621
73$993,109,913$107,409,335$53,672,227$363,450,484
74$1,094,229,223$112,494,491$55,292,345$396,516,922
75$1,205,657,098$117,823,216$56,961,133$432,785,798
76$1,328,444,837$123,407,268$58,680,045$472,576,211
77$1,463,750,962$129,258,976$60,450,578$516,239,463
78$1,612,852,161$135,391,267$62,274,274$564,162,328
79$1,777,155,339$141,817,696$64,152,719$616,770,652
80$1,958,210,897$148,552,477$66,087,549$674,533,320
81$2,157,727,371$155,610,511$68,080,445$737,966,629
82$2,377,587,564$163,007,427$70,133,140$807,639,105
83$2,619,866,314$170,759,610$72,247,419$884,176,807
84$2,886,850,089$178,884,241$74,425,118$968,269,177
85$3,181,058,567$187,399,338$76,668,129$1,060,675,481
86$3,505,268,427$196,323,792$78,978,398$1,162,231,908
87$3,862,539,563$205,677,414$81,357,930$1,273,859,392
88$4,256,243,968$215,480,977$83,808,790$1,396,572,230
89$4,690,097,571$225,756,263$86,333,103$1,531,487,577
90$5,168,195,319$236,526,115$88,933,058$1,679,835,910
91$5,695,049,832$247,814,485$91,610,906$1,842,972,559
92$6,275,634,011$259,646,492$94,368,967$2,022,390,406
93$6,915,427,983$272,048,472$97,209,631$2,219,733,888
94$7,620,470,838$285,048,049$100,135,354$2,436,814,420
95$8,397,417,644$298,674,184$103,148,669$2,675,627,389
96$9,253,602,276$312,957,251$106,252,182$2,938,370,883
97$10,197,106,654$327,929,102$109,448,575$3,227,466,329
98$11,236,837,042$343,623,137$112,740,612$3,545,581,229
99$12,382,608,133$360,074,383$116,131,135$3,895,654,218
100$13,645,235,707$377,319,572$119,623,073$4,280,922,677