Can I retire at age 30 with 14,700,000?

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 $14,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$1,213,912$1,203,099$1,192,550$1,182,253$1,172,199$1,154,205
2 years$600,947$589,755$578,908$568,391$558,190$540,105
3 years$396,652$385,411$374,592$364,174$354,139$336,526
4 years$294,524$283,318$272,607$262,367$252,575$235,569
5 years$233,263$222,125$211,554$201,523$192,003$175,654
6 years$192,436$181,382$170,967$161,159$151,926$136,252
7 years$163,286$152,324$142,074$132,498$123,556$108,563
8 years$141,433$130,570$120,490$111,149$102,502$88,187
9 years$124,445$113,684$103,778$94,674$86,321$72,677
10 years$110,862$100,207$90,476$81,610$73,550$60,566
11 years$99,757$89,209$79,654$71,025$63,256$50,918
12 years$90,509$80,069$70,691$62,299$54,816$43,110
13 years$82,690$72,359$63,158$55,001$47,801$36,710
14 years$75,993$65,772$56,747$48,823$41,902$31,408
15 years$70,195$60,084$51,235$43,542$36,894$26,978
16 years$65,127$55,126$46,452$38,987$32,607$23,249
17 years$60,659$50,769$42,270$35,029$28,911$20,092
18 years$56,692$46,913$38,587$31,569$25,707$17,405
19 years$53,147$43,478$35,324$28,525$22,913$15,107
20 years$49,961$40,402$32,419$25,835$20,466$13,136
21 years$47,081$37,633$29,819$23,447$18,315$11,438
22 years$44,467$35,129$27,483$21,318$16,417$9,973
23 years$42,084$32,856$25,376$19,415$14,737$8,705
24 years$39,903$30,784$23,468$17,708$13,246$7,606
25 years$37,899$28,889$21,736$16,172$11,919$6,651
26 years$36,052$27,151$20,159$14,787$10,736$5,820
27 years$34,345$25,552$18,720$13,535$9,680$5,096
28 years$32,763$24,078$17,402$12,401$8,734$4,465
29 years$31,293$22,714$16,194$11,372$7,887$3,914
30 years$29,923$21,451$15,084$10,436$7,126$3,432
31 years$28,644$20,279$14,063$9,585$6,443$3,010
32 years$27,447$19,188$13,121$8,809$5,828$2,642
33 years$26,326$18,171$12,251$8,100$5,274$2,319
34 years$25,272$17,222$11,447$7,453$4,775$2,036
35 years$24,281$16,335$10,702$6,861$4,325$1,788
36 years$23,347$15,504$10,011$6,319$3,919$1,570
37 years$22,466$14,725$9,370$5,822$3,552$1,379
38 years$21,633$13,994$8,775$5,366$3,220$1,212
39 years$20,844$13,307$8,221$4,948$2,920$1,065
40 years$20,097$12,661$7,706$4,564$2,648$936
41 years$19,388$12,052$7,225$4,211$2,403$822
42 years$18,715$11,478$6,778$3,886$2,180$723
43 years$18,075$10,936$6,360$3,587$1,979$635
44 years$17,466$10,424$5,970$3,312$1,796$559
45 years$16,885$9,941$5,606$3,059$1,631$491
46 years$16,331$9,483$5,265$2,825$1,480$432
47 years$15,803$9,050$4,946$2,610$1,344$380
48 years$15,298$8,639$4,648$2,412$1,221$334
49 years$14,815$8,250$4,369$2,229$1,109$293
50 years$14,352$7,881$4,107$2,060$1,007$258

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $14,700,000, adding $2,107 every year, while hoping to spend $37,683 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: 60/35/5 Blend
29$14,700,000$14,700,000$14,700,000$14,700,000
30$16,201,573$15,422,473$15,194,623$17,159,850
31$17,814,039$16,138,080$15,663,549$18,516,361
32$19,589,714$16,887,489$16,146,920$19,990,662
33$21,545,205$17,672,315$16,645,182$21,597,634
34$23,698,812$18,494,255$17,158,792$23,350,022
35$26,070,700$19,355,083$17,688,221$25,261,837
36$28,683,092$20,256,663$18,233,957$27,348,481
37$31,560,473$21,200,944$18,796,500$29,626,885
38$34,729,825$22,189,975$19,376,366$32,115,670
39$38,220,882$23,225,898$19,974,089$34,835,309
40$42,066,408$24,310,964$20,590,218$37,808,320
41$46,302,508$25,447,527$21,225,316$41,059,472
42$50,968,968$26,638,061$21,879,969$44,616,006
43$56,109,631$27,885,153$22,554,776$48,507,895
44$61,772,809$29,191,521$23,250,356$52,768,112
45$68,011,741$30,560,011$23,967,349$57,432,937
46$74,885,094$31,993,607$24,706,410$62,542,290
47$82,457,518$33,495,439$25,468,220$68,140,102
48$90,800,255$35,068,785$26,253,475$74,274,718
49$99,991,812$36,717,086$27,062,897$80,999,347
50$110,118,699$38,443,947$27,897,227$88,372,552
51$121,276,253$40,253,146$28,757,231$96,458,797
52$133,569,529$42,148,649$29,643,696$105,329,041
53$147,114,297$44,134,608$30,557,435$115,061,398
54$162,038,132$46,215,380$31,499,286$125,741,863
55$178,481,620$48,395,534$32,470,111$137,465,115
56$196,599,687$50,679,855$33,470,801$150,335,392
57$216,563,053$53,073,367$34,502,271$164,467,469
58$238,559,854$55,581,331$35,565,467$179,987,720
59$262,797,411$58,209,269$36,661,362$197,035,303
60$289,504,189$60,962,965$37,790,960$215,763,457
61$318,931,954$63,848,487$38,955,294$236,340,930
62$351,358,148$66,872,198$40,155,432$258,953,559
63$387,088,511$70,040,768$41,392,471$283,806,004
64$426,459,964$73,361,190$42,667,543$311,123,663
65$469,843,790$76,840,798$43,981,816$341,154,784
66$517,649,141$80,487,282$45,336,491$374,172,781
67$570,326,899$84,308,704$46,732,808$410,478,803
68$628,373,930$88,313,518$48,172,045$450,404,549
69$692,337,780$92,510,590$49,655,518$494,315,378
70$762,821,838$96,909,213$51,184,582$542,613,735
71$840,491,037$101,519,136$52,760,637$595,742,924
72$926,078,127$106,350,578$54,385,123$654,191,267
73$1,020,390,596$111,414,257$56,059,525$718,496,686
74$1,124,318,291$116,721,409$57,785,373$789,251,754
75$1,238,841,818$122,283,819$59,564,244$867,109,255
76$1,365,041,801$128,113,844$61,397,764$952,788,321
77$1,504,109,083$134,224,441$63,287,607$1,047,081,179
78$1,657,355,968$140,629,197$65,235,500$1,150,860,604
79$1,826,228,609$147,342,360$67,243,223$1,265,088,116
80$2,012,320,664$154,378,872$69,312,607$1,390,823,021
81$2,217,388,335$161,754,401$71,445,543$1,529,232,372
82$2,443,366,954$169,485,375$73,643,977$1,681,601,942
83$2,692,389,250$177,589,025$75,909,917$1,849,348,324
84$2,966,805,485$186,083,419$78,245,430$2,034,032,249
85$3,269,205,640$194,987,502$80,652,648$2,237,373,282
86$3,602,443,870$204,321,144$83,133,766$2,461,265,997
87$3,969,665,446$214,105,181$85,691,049$2,707,797,816
88$4,374,336,450$224,361,464$88,326,827$2,979,268,656
89$4,820,276,498$235,112,905$91,043,506$3,278,212,584
90$5,311,694,799$246,383,536$93,843,562$3,607,421,681
91$5,853,229,895$258,198,556$96,729,548$3,969,972,334
92$6,449,993,451$270,584,393$99,704,095$4,369,254,217
93$7,107,618,515$283,568,759$102,769,914$4,809,002,215
94$7,832,312,695$297,180,720$105,929,797$5,293,331,617
95$8,630,916,770$311,450,756$109,186,626$5,826,776,885
96$9,510,969,268$326,410,830$112,543,366$6,414,334,384
97$10,480,777,640$342,094,467$116,003,074$7,061,509,465
98$11,549,496,684$358,536,821$119,568,903$7,774,368,355
99$12,727,214,983$375,774,762$123,244,098$8,559,595,327
100$14,025,050,142$393,846,956$127,032,005$9,424,555,712