Can I retire at age 30 with 14,600,000?

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 $14,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$1,205,654$1,194,915$1,184,437$1,174,210$1,164,225$1,137,003
2 years$596,859$585,743$574,970$564,524$554,393$527,123
3 years$393,953$382,789$372,043$361,696$351,729$325,262
4 years$292,520$281,391$270,752$260,582$250,856$225,396
5 years$231,677$220,614$210,115$200,152$190,697$166,315
6 years$191,127$180,148$169,804$160,063$150,892$127,613
7 years$162,175$151,288$141,108$131,597$122,716$100,543
8 years$140,471$129,682$119,671$110,393$101,804$80,730
9 years$123,598$112,911$103,072$94,030$85,734$65,741
10 years$110,108$99,526$89,861$81,055$73,050$54,116
11 years$99,078$88,602$79,112$70,542$62,825$44,924
12 years$89,893$79,524$70,210$61,875$54,443$37,546
13 years$82,127$71,867$62,728$54,626$47,475$31,551
14 years$75,476$65,325$56,361$48,491$41,617$26,631
15 years$69,718$59,675$50,887$43,246$36,643$22,560
16 years$64,684$54,751$46,136$38,722$32,385$19,170
17 years$60,246$50,424$41,982$34,791$28,715$16,331
18 years$56,307$46,594$38,324$31,354$25,532$13,942
19 years$52,786$43,183$35,084$28,331$22,757$11,924
20 years$49,621$40,127$32,198$25,659$20,327$10,213
21 years$46,761$37,377$29,616$23,287$18,190$8,759
22 years$44,165$34,890$27,296$21,173$16,305$7,521
23 years$41,798$32,632$25,203$19,283$14,636$6,463
24 years$39,631$30,574$23,309$17,587$13,155$5,559
25 years$37,641$28,692$21,588$16,062$11,838$4,784
26 years$35,807$26,966$20,022$14,686$10,663$4,120
27 years$34,112$25,378$18,592$13,442$9,614$3,550
28 years$32,540$23,914$17,284$12,316$8,675$3,060
29 years$31,080$22,560$16,084$11,294$7,833$2,639
30 years$29,719$21,305$14,982$10,365$7,078$2,276
31 years$28,449$20,141$13,967$9,520$6,399$1,964
32 years$27,261$19,057$13,032$8,749$5,788$1,695
33 years$26,146$18,047$12,168$8,045$5,238$1,463
34 years$25,100$17,105$11,369$7,402$4,743$1,263
35 years$24,116$16,224$10,629$6,814$4,296$1,091
36 years$23,188$15,399$9,943$6,276$3,892$942
37 years$22,313$14,625$9,307$5,782$3,528$813
38 years$21,485$13,899$8,715$5,330$3,198$703
39 years$20,702$13,217$8,165$4,914$2,900$607
40 years$19,961$12,575$7,653$4,533$2,630$524
41 years$19,257$11,970$7,176$4,182$2,386$453
42 years$18,588$11,400$6,732$3,859$2,165$391
43 years$17,952$10,862$6,317$3,563$1,965$338
44 years$17,347$10,353$5,929$3,290$1,784$292
45 years$16,770$9,873$5,567$3,038$1,619$253
46 years$16,220$9,418$5,229$2,806$1,470$218
47 years$15,695$8,988$4,913$2,593$1,335$189
48 years$15,193$8,580$4,617$2,396$1,213$163
49 years$14,714$8,194$4,339$2,214$1,101$141
50 years$14,255$7,827$4,080$2,046$1,000$122

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $14,600,000, adding $5,131 every year, while hoping to spend $40,648 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: 67/24/9 Blend
29$14,600,000$14,600,000$14,600,000$14,600,000
30$16,094,493$15,320,693$15,094,393$17,143,910
31$17,692,882$16,028,157$15,556,806$18,549,222
32$19,452,944$16,768,926$16,033,347$20,079,681
33$21,391,128$17,544,586$16,524,447$21,751,796
34$23,525,556$18,356,805$17,030,550$23,579,410
35$25,876,202$19,207,327$17,552,112$25,577,750
36$28,465,070$20,097,982$18,089,604$27,763,570
37$31,316,413$21,030,688$18,643,511$30,155,303
38$34,456,952$22,007,456$19,214,333$32,773,230
39$37,916,132$23,030,393$19,802,585$35,639,673
40$41,726,404$24,101,708$20,408,797$38,779,195
41$45,923,521$25,223,717$21,033,517$42,218,830
42$50,546,888$26,398,846$21,677,307$45,988,333
43$55,639,921$27,629,640$22,340,747$50,120,457
44$61,250,467$28,918,767$23,024,436$54,651,256
45$67,431,250$30,269,022$23,728,990$59,620,419
46$74,240,370$31,683,336$24,455,044$65,071,641
47$81,741,850$33,164,782$25,203,251$71,053,028
48$90,006,244$34,716,582$25,974,285$77,617,545
49$99,111,298$36,342,111$26,768,840$84,823,512
50$109,142,687$38,044,911$27,587,633$92,735,142
51$120,194,821$39,828,692$28,431,399$101,423,146
52$132,371,740$41,697,345$29,300,898$110,965,392
53$145,788,091$43,654,949$30,196,912$121,447,627
54$160,570,216$45,705,780$31,120,247$132,964,286
55$176,857,336$47,854,322$32,071,734$145,619,369
56$194,802,875$50,105,275$33,052,228$159,527,417
57$214,575,901$52,463,566$34,062,610$174,814,583
58$236,362,724$54,934,362$35,103,789$191,619,812
59$260,368,656$57,523,079$36,176,699$210,096,146
60$286,819,946$60,235,397$37,282,306$230,412,152
61$315,965,919$63,077,270$38,421,602$252,753,510
62$348,081,327$66,054,940$39,595,609$277,324,746
63$383,468,943$69,174,953$40,805,383$304,351,156
64$422,462,420$72,444,172$42,052,009$334,080,919
65$465,429,442$75,869,790$43,336,606$366,787,425
66$512,775,188$79,459,354$44,660,326$402,771,843
67$564,946,168$83,220,772$46,024,356$442,365,949
68$622,434,426$87,162,339$47,429,922$485,935,243
69$685,782,194$91,292,751$48,878,281$533,882,383
70$755,587,008$95,621,126$50,370,734$586,650,969
71$832,507,347$100,157,025$51,908,617$644,729,716
72$917,268,850$104,910,472$53,493,309$708,657,043
73$1,010,671,167$109,891,980$55,126,229$779,026,144
74$1,113,595,508$115,112,569$56,808,840$856,490,563
75$1,227,012,963$120,583,798$58,542,649$941,770,343
76$1,351,993,665$126,317,784$60,329,208$1,035,658,803
77$1,489,716,899$132,327,236$62,170,117$1,139,030,004
78$1,641,482,229$138,625,476$64,067,022$1,252,846,975
79$1,808,721,770$145,226,478$66,021,621$1,378,170,779
80$1,993,013,707$152,144,892$68,035,661$1,516,170,506
81$2,196,097,195$159,396,082$70,110,946$1,668,134,278
82$2,419,888,775$166,996,156$72,249,329$1,835,481,384
83$2,666,500,471$174,962,009$74,452,722$2,019,775,646
84$2,938,259,726$183,311,354$76,723,095$2,222,740,152
85$3,237,731,375$192,062,767$79,062,476$2,446,273,489
86$3,567,741,861$201,235,729$81,472,955$2,692,467,631
87$3,931,405,916$210,850,665$83,956,684$2,963,627,653
88$4,332,155,968$220,928,995$86,515,881$3,262,293,453
89$4,773,774,545$231,493,184$89,152,831$3,591,263,692
90$5,260,429,984$242,566,786$91,869,887$3,953,622,171
91$5,796,715,787$254,174,503$94,669,472$4,352,766,898
92$6,387,693,983$266,342,239$97,554,085$4,792,442,129
93$7,038,942,920$279,097,160$100,526,298$5,276,773,659
94$7,756,609,929$292,467,752$103,588,761$5,810,307,729
95$8,547,469,361$306,483,891$106,744,203$6,398,053,888
96$9,418,986,539$321,176,905$109,995,438$7,045,532,232
97$10,379,388,242$336,579,649$113,345,360$7,758,825,463
98$11,437,740,368$352,726,577$116,796,955$8,544,636,249
99$12,604,033,528$369,653,822$120,353,296$9,410,350,442
100$13,889,277,366$387,399,277$124,017,549$10,364,106,736