Can I retire at age 30 with 14,800,000?

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 $14,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$1,222,170$1,211,284$1,200,662$1,190,296$1,180,173$1,156,344
2 years$605,035$593,767$582,846$572,257$561,987$538,085
3 years$399,350$388,033$377,140$366,651$356,548$333,317
4 years$296,528$285,245$274,461$264,151$254,293$231,913
5 years$234,850$223,636$212,993$202,894$193,309$171,844
6 years$193,746$182,615$172,130$162,256$152,959$132,431
7 years$164,396$153,360$143,041$133,399$124,397$104,811
8 years$142,395$131,458$121,310$111,905$103,199$84,549
9 years$125,291$114,458$104,484$95,319$86,909$69,183
10 years$111,617$100,889$91,092$82,165$74,050$57,231
11 years$100,435$89,816$80,196$71,509$63,686$47,753
12 years$91,125$80,614$71,172$62,723$55,189$40,118
13 years$83,252$72,851$63,587$55,375$48,126$33,892
14 years$76,510$66,220$57,133$49,155$42,187$28,764
15 years$70,673$60,493$51,584$43,838$37,144$24,503
16 years$65,570$55,501$46,768$39,252$32,828$20,939
17 years$61,072$51,114$42,557$35,268$29,108$17,941
18 years$57,078$47,232$38,849$31,783$25,881$15,407
19 years$53,509$43,774$35,565$28,719$23,069$13,255
20 years$50,301$40,677$32,639$26,011$20,605$11,422
21 years$47,402$37,889$30,022$23,606$18,439$9,856
22 years$44,770$35,368$27,670$21,463$16,528$8,515
23 years$42,370$33,079$25,548$19,547$14,837$7,364
24 years$40,174$30,993$23,628$17,828$13,336$6,373
25 years$38,157$29,085$21,884$16,282$12,000$5,520
26 years$36,298$27,336$20,296$14,887$10,809$4,785
27 years$34,579$25,726$18,847$13,627$9,745$4,149
28 years$32,986$24,241$17,521$12,485$8,793$3,600
29 years$31,506$22,869$16,305$11,449$7,940$3,125
30 years$30,126$21,597$15,187$10,507$7,175$2,713
31 years$28,839$20,417$14,158$9,650$6,486$2,356
32 years$27,634$19,318$13,210$8,869$5,867$2,047
33 years$26,505$18,295$12,334$8,155$5,310$1,779
34 years$25,444$17,339$11,524$7,504$4,808$1,546
35 years$24,446$16,446$10,775$6,908$4,354$1,344
36 years$23,506$15,610$10,079$6,362$3,945$1,169
37 years$22,618$14,826$9,434$5,861$3,576$1,016
38 years$21,780$14,090$8,835$5,403$3,242$884
39 years$20,986$13,398$8,277$4,982$2,940$769
40 years$20,234$12,747$7,758$4,595$2,666$669
41 years$19,520$12,134$7,275$4,239$2,419$582
42 years$18,843$11,556$6,824$3,912$2,195$506
43 years$18,198$11,010$6,403$3,612$1,992$440
44 years$17,585$10,495$6,011$3,335$1,808$383
45 years$17,000$10,008$5,644$3,080$1,642$333
46 years$16,442$9,547$5,301$2,845$1,491$290
47 years$15,910$9,111$4,980$2,628$1,353$252
48 years$15,402$8,698$4,680$2,429$1,229$220
49 years$14,915$8,306$4,399$2,244$1,116$191
50 years$14,450$7,934$4,135$2,075$1,014$166

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $14,800,000, adding $6,000 every year, while hoping to spend $23,688 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: 56/38/6 Blend
29$14,800,000$14,800,000$14,800,000$14,800,000
30$16,315,789$15,531,389$15,301,989$17,208,317
31$17,954,796$16,267,223$15,789,402$18,545,764
32$19,760,187$17,038,319$16,292,349$19,998,531
33$21,748,909$17,846,380$16,811,326$21,580,166
34$23,939,637$18,693,192$17,346,844$23,302,937
35$26,352,947$19,580,625$17,899,430$25,180,322
36$29,011,516$20,510,644$18,469,630$27,227,130
37$31,940,332$21,485,307$19,058,004$29,459,638
38$35,166,931$22,506,772$19,665,132$31,895,736
39$38,721,656$23,577,303$20,291,613$34,555,087
40$42,637,947$24,699,272$20,938,063$37,459,313
41$46,952,649$25,875,168$21,605,119$40,632,184
42$51,706,368$27,107,600$22,293,440$44,099,838
43$56,943,850$28,399,305$23,003,703$47,891,022
44$62,714,403$29,753,151$23,736,607$52,037,353
45$69,072,364$31,172,148$24,492,876$56,573,607
46$76,077,612$32,659,450$25,273,254$61,538,040
47$83,796,131$34,218,365$26,078,510$66,972,740
48$92,300,635$35,852,363$26,909,439$72,924,011
49$101,671,253$37,565,082$27,766,858$79,442,804
50$111,996,286$39,360,337$28,651,614$86,585,185
51$123,373,042$41,242,129$29,564,577$94,412,852
52$135,908,751$43,214,651$30,506,649$102,993,709
53$149,721,579$45,282,305$31,478,758$112,402,488
54$164,941,745$47,449,703$32,481,861$122,721,450
55$181,712,748$49,721,683$33,516,948$134,041,139
56$200,192,722$52,103,319$34,585,039$146,461,231
57$220,555,929$54,599,931$35,687,188$160,091,451
58$242,994,405$57,217,099$36,824,480$175,052,601
59$267,719,772$59,960,674$37,998,037$191,477,678
60$294,965,234$62,836,793$39,209,017$209,513,115
61$324,987,781$65,851,889$40,458,612$229,320,147
62$358,070,616$69,012,712$41,748,057$251,076,308
63$394,525,823$72,326,339$43,078,621$274,977,093
64$434,697,319$75,800,192$44,451,617$301,237,780
65$478,964,098$79,442,055$45,868,399$330,095,441
66$527,743,810$83,260,089$47,330,364$361,811,155
67$581,496,702$87,262,857$48,838,955$396,672,454
68$640,729,965$91,459,336$50,395,658$434,996,004
69$706,002,518$95,858,941$52,002,010$477,130,578
70$777,930,293$100,471,546$53,659,595$523,460,310
71$857,192,039$105,307,508$55,370,048$574,408,302
72$944,535,738$110,377,687$57,135,056$630,440,582
73$1,040,785,663$115,693,474$58,956,360$692,070,474
74$1,146,850,160$121,266,813$60,835,757$759,863,409
75$1,263,730,222$127,110,233$62,775,101$834,442,230
76$1,392,528,944$133,236,873$64,776,306$916,493,035
77$1,534,461,929$139,660,513$66,841,345$1,006,771,613
78$1,690,868,773$146,395,605$68,972,257$1,106,110,541
79$1,863,225,704$153,457,306$71,171,144$1,215,427,004
80$2,053,159,524$160,861,513$73,440,176$1,335,731,404
81$2,262,462,965$168,624,896$75,781,591$1,468,136,856
82$2,493,111,613$176,764,942$78,197,700$1,613,869,650
83$2,747,282,563$185,299,989$80,690,888$1,774,280,769
84$3,027,374,967$194,249,271$83,263,615$1,950,858,601
85$3,336,032,688$203,632,960$85,918,421$2,145,242,923
86$3,676,169,259$213,472,212$88,657,925$2,359,240,333
87$4,050,995,389$223,789,216$91,484,831$2,594,841,234
88$4,464,049,275$234,607,244$94,401,930$2,854,238,571
89$4,919,230,008$245,950,705$97,412,100$3,139,848,458
90$5,420,834,377$257,845,199$100,518,315$3,454,332,919
91$5,973,597,444$270,317,574$103,723,639$3,800,624,948
92$6,582,737,240$283,395,991$107,031,237$4,181,956,118
93$7,254,004,030$297,109,986$110,444,375$4,601,887,010
94$7,993,734,601$311,490,536$113,966,421$5,064,340,739
95$8,808,912,089$326,570,131$117,600,855$5,573,639,905
96$9,707,231,902$342,382,847$121,351,264$6,134,547,305
97$10,697,174,376$358,964,426$125,221,351$6,752,310,801
98$11,788,084,833$376,352,354$129,214,937$7,432,712,759
99$12,990,261,816$394,585,949$133,335,967$8,182,124,533
100$14,315,054,309$413,706,449$137,588,510$9,007,566,498