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%11.1%
1 years$1,189,139$1,178,546$1,168,212$1,158,125$1,148,276$1,142,957
2 years$588,682$577,719$567,093$556,791$546,798$541,429
3 years$388,557$377,546$366,947$356,741$346,911$341,658
4 years$288,513$277,536$267,043$257,012$247,420$242,324
5 years$228,503$217,592$207,237$197,410$188,085$183,160
6 years$188,509$177,680$167,478$157,870$148,825$144,079
7 years$159,953$149,215$139,175$129,794$121,035$116,469
8 years$138,546$127,905$118,031$108,881$100,410$96,025
9 years$121,905$111,364$101,660$92,742$84,560$80,355
10 years$108,600$98,162$88,630$79,945$72,049$68,022
11 years$97,721$87,388$78,028$69,576$61,965$58,113
12 years$88,662$78,435$69,248$61,027$53,697$50,018
13 years$81,002$70,882$61,869$53,878$46,825$43,314
14 years$74,442$64,430$55,589$47,827$41,047$37,701
15 years$68,762$58,858$50,190$42,653$36,141$32,956
16 years$63,797$54,001$45,504$38,191$31,941$28,913
17 years$59,421$49,733$41,407$34,315$28,321$25,445
18 years$55,535$45,955$37,799$30,924$25,182$22,453
19 years$52,063$42,591$34,603$27,943$22,445$19,858
20 years$48,941$39,578$31,757$25,308$20,048$17,599
21 years$46,120$36,865$29,211$22,968$17,941$15,624
22 years$43,560$34,412$26,922$20,883$16,082$13,892
23 years$41,225$32,185$24,858$19,019$14,436$12,369
24 years$39,088$30,155$22,989$17,346$12,975$11,026
25 years$37,125$28,299$21,293$15,842$11,676$9,839
26 years$35,316$26,597$19,748$14,485$10,517$8,788
27 years$33,644$25,031$18,338$13,258$9,482$7,855
28 years$32,094$23,586$17,047$12,147$8,556$7,027
29 years$30,654$22,251$15,864$11,139$7,726$6,290
30 years$29,312$21,014$14,777$10,223$6,981$5,634
31 years$28,059$19,865$13,776$9,389$6,311$5,049
32 years$26,887$18,796$12,853$8,629$5,709$4,526
33 years$25,788$17,800$12,001$7,935$5,167$4,059
34 years$24,756$16,871$11,213$7,301$4,678$3,642
35 years$23,785$16,002$10,483$6,721$4,237$3,269
36 years$22,871$15,188$9,807$6,190$3,839$2,935
37 years$22,007$14,425$9,179$5,703$3,479$2,635
38 years$21,191$13,709$8,596$5,257$3,154$2,367
39 years$20,419$13,036$8,053$4,847$2,860$2,127
40 years$19,687$12,402$7,548$4,471$2,594$1,911
41 years$18,993$11,806$7,078$4,125$2,354$1,718
42 years$18,333$11,244$6,639$3,807$2,136$1,544
43 years$17,706$10,713$6,230$3,514$1,938$1,388
44 years$17,109$10,212$5,848$3,245$1,759$1,248
45 years$16,540$9,738$5,491$2,996$1,597$1,122
46 years$15,998$9,289$5,157$2,768$1,450$1,009
47 years$15,480$8,865$4,845$2,557$1,317$908
48 years$14,985$8,463$4,553$2,363$1,196$816
49 years$14,512$8,081$4,280$2,184$1,086$734
50 years$14,059$7,720$4,024$2,018$987$661

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 $3,333 every year, while hoping to spend $27,890 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: 47/32/21 Blend
29$14,400,000$14,400,000$14,400,000$14,400,000
30$15,872,238$15,109,038$14,885,838$16,523,174
31$17,461,532$15,819,706$15,354,839$17,689,019
32$19,211,998$16,564,262$15,838,616$18,950,651
33$21,140,048$17,344,337$16,337,636$20,319,494
34$23,263,765$18,161,642$16,852,379$21,805,591
35$25,603,075$19,017,968$17,383,339$23,419,975
36$28,179,936$19,915,196$17,931,029$25,174,758
37$31,018,546$20,855,297$18,495,974$27,083,251
38$34,145,567$21,840,336$19,078,720$29,160,074
39$37,590,384$22,872,481$19,679,826$31,421,296
40$41,385,374$23,954,004$20,299,870$33,884,575
41$45,566,217$25,087,285$20,939,451$36,569,319
42$50,172,232$26,274,822$21,599,183$39,496,866
43$55,246,745$27,519,234$22,279,701$42,690,673
44$60,837,502$28,823,266$22,981,661$46,176,532
45$66,997,118$30,189,797$23,705,737$49,982,809
46$73,783,571$31,621,844$24,452,626$54,140,698
47$81,260,755$33,122,573$25,223,048$58,684,509
48$89,499,075$34,695,303$26,017,744$63,651,984
49$98,576,121$36,343,513$26,837,478$69,084,643
50$108,577,391$38,070,851$27,683,040$75,028,166
51$119,597,107$39,881,144$28,555,243$81,532,814
52$131,739,095$41,778,403$29,454,927$88,653,893
53$145,117,773$43,766,836$30,382,958$96,452,264
54$159,859,226$45,850,851$31,340,228$104,994,907
55$176,102,401$48,035,076$32,327,658$114,355,539
56$194,000,411$50,324,361$33,346,201$124,615,300
57$213,721,989$52,723,790$34,396,834$135,863,502
58$235,453,074$55,238,698$35,480,571$148,198,461
59$259,398,571$57,874,677$36,598,452$161,728,409
60$285,784,280$60,637,592$37,751,556$176,572,500
61$314,859,034$63,533,591$38,940,990$192,861,918
62$346,897,043$66,569,124$40,167,901$210,741,102
63$382,200,483$69,750,954$41,433,468$230,369,088
64$421,102,353$73,086,171$42,738,909$251,920,993
65$463,969,613$76,582,213$44,085,482$275,589,649
66$511,206,649$80,246,877$45,474,482$301,587,406
67$563,259,096$84,088,343$46,907,246$330,148,109
68$620,618,037$88,115,185$48,385,152$361,529,288
69$683,824,646$92,336,398$49,909,623$396,014,568
70$753,475,291$96,761,413$51,482,127$433,916,315
71$830,227,169$101,400,120$53,104,176$475,578,566
72$914,804,506$106,262,892$54,777,332$521,380,249
73$1,008,005,398$111,360,605$56,503,205$571,738,730
74$1,110,709,341$116,704,668$58,283,455$627,113,725
75$1,223,885,541$122,307,043$60,119,797$688,011,612
76$1,348,602,053$128,180,276$62,013,998$754,990,176
77$1,486,035,876$134,337,523$63,967,880$828,663,842
78$1,637,484,056$140,792,582$65,983,325$909,709,444
79$1,804,375,934$147,559,923$68,062,271$998,872,572
80$1,988,286,642$154,654,722$70,206,719$1,096,974,579
81$2,190,951,969$162,092,893$72,418,735$1,204,920,291
82$2,414,284,753$169,891,128$74,700,445$1,323,706,507
83$2,660,392,935$178,066,930$77,054,047$1,454,431,367
84$2,931,599,462$186,638,657$79,481,805$1,598,304,673
85$3,230,464,218$195,625,563$81,986,056$1,756,659,261
86$3,559,808,190$205,047,837$84,569,211$1,930,963,534
87$3,922,740,100$214,926,656$87,233,755$2,122,835,272
88$4,322,685,757$225,284,229$89,982,252$2,334,056,851
89$4,763,420,395$236,143,847$92,817,348$2,566,592,008
90$5,249,104,318$247,529,938$95,741,772$2,822,604,323
91$5,784,322,175$259,468,121$98,758,338$3,104,477,582
92$6,374,126,243$271,985,266$101,869,949$3,414,838,209
93$7,024,084,128$285,109,552$105,079,600$3,756,580,001
94$7,740,331,322$298,870,533$108,390,380$4,132,891,366
95$8,529,629,135$313,299,207$111,805,476$4,547,285,354
96$9,399,428,521$328,428,083$115,328,174$5,003,632,738
97$10,357,940,427$344,291,255$118,961,864$5,506,198,478
98$11,414,213,309$360,924,485$122,710,044$6,059,681,895
99$12,578,218,557$378,365,276$126,576,322$6,669,260,943
100$13,860,944,639$396,652,963$130,564,418$7,340,641,001