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%18.5%
1 years$1,222,170$1,211,284$1,200,662$1,190,296$1,180,173$1,139,660
2 years$605,035$593,767$582,846$572,257$561,987$521,583
3 years$399,350$388,033$377,140$366,651$356,548$317,523
4 years$296,528$285,245$274,461$264,151$254,293$216,945
5 years$234,850$223,636$212,993$202,894$193,309$157,737
6 years$193,746$182,615$172,130$162,256$152,959$119,190
7 years$164,396$153,360$143,041$133,399$124,397$92,425
8 years$142,395$131,458$121,310$111,905$103,199$73,000
9 years$125,291$114,458$104,484$95,319$86,909$58,444
10 years$111,617$100,889$91,092$82,165$74,050$47,274
11 years$100,435$89,816$80,196$71,509$63,686$38,545
12 years$91,125$80,614$71,172$62,723$55,189$31,624
13 years$83,252$72,851$63,587$55,375$48,126$26,077
14 years$76,510$66,220$57,133$49,155$42,187$21,589
15 years$70,673$60,493$51,584$43,838$37,144$17,932
16 years$65,570$55,501$46,768$39,252$32,828$14,934
17 years$61,072$51,114$42,557$35,268$29,108$12,465
18 years$57,078$47,232$38,849$31,783$25,881$10,422
19 years$53,509$43,774$35,565$28,719$23,069$8,728
20 years$50,301$40,677$32,639$26,011$20,605$7,318
21 years$47,402$37,889$30,022$23,606$18,439$6,142
22 years$44,770$35,368$27,670$21,463$16,528$5,160
23 years$42,370$33,079$25,548$19,547$14,837$4,338
24 years$40,174$30,993$23,628$17,828$13,336$3,649
25 years$38,157$29,085$21,884$16,282$12,000$3,071
26 years$36,298$27,336$20,296$14,887$10,809$2,586
27 years$34,579$25,726$18,847$13,627$9,745$2,178
28 years$32,986$24,241$17,521$12,485$8,793$1,835
29 years$31,506$22,869$16,305$11,449$7,940$1,546
30 years$30,126$21,597$15,187$10,507$7,175$1,303
31 years$28,839$20,417$14,158$9,650$6,486$1,099
32 years$27,634$19,318$13,210$8,869$5,867$927
33 years$26,505$18,295$12,334$8,155$5,310$781
34 years$25,444$17,339$11,524$7,504$4,808$659
35 years$24,446$16,446$10,775$6,908$4,354$556
36 years$23,506$15,610$10,079$6,362$3,945$469
37 years$22,618$14,826$9,434$5,861$3,576$396
38 years$21,780$14,090$8,835$5,403$3,242$334
39 years$20,986$13,398$8,277$4,982$2,940$282
40 years$20,234$12,747$7,758$4,595$2,666$238
41 years$19,520$12,134$7,275$4,239$2,419$200
42 years$18,843$11,556$6,824$3,912$2,195$169
43 years$18,198$11,010$6,403$3,612$1,992$143
44 years$17,585$10,495$6,011$3,335$1,808$120
45 years$17,000$10,008$5,644$3,080$1,642$102
46 years$16,442$9,547$5,301$2,845$1,491$86
47 years$15,910$9,111$4,980$2,628$1,353$72
48 years$15,402$8,698$4,680$2,429$1,229$61
49 years$14,915$8,306$4,399$2,244$1,116$52
50 years$14,450$7,934$4,135$2,075$1,014$43

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 $2,851 every year, while hoping to spend $49,744 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: 45/39/16 Blend
29$14,800,000$14,800,000$14,800,000$14,800,000
30$16,312,541$15,528,141$15,298,741$16,971,700
31$17,923,493$16,236,092$15,758,321$18,140,128
32$19,697,095$16,977,067$16,231,631$19,401,181
33$21,649,884$17,752,629$16,719,076$20,767,585
34$23,800,084$18,564,419$17,221,077$22,249,116
35$26,167,775$19,414,158$17,738,065$23,856,509
36$28,775,083$20,303,647$18,270,485$25,601,545
37$31,646,389$21,234,773$18,818,795$27,497,164
38$34,808,560$22,209,517$19,383,464$29,557,578
39$38,291,202$23,229,951$19,964,978$31,798,394
40$42,126,936$24,298,251$20,563,836$34,236,764
41$46,351,711$25,416,692$21,180,553$36,891,531
42$51,005,140$26,587,664$21,815,655$39,783,404
43$56,130,873$27,813,669$22,469,689$42,935,141
44$61,777,012$29,097,329$23,143,213$46,371,764
45$67,996,562$30,441,393$23,836,806$50,120,777
46$74,847,933$31,848,743$24,551,060$54,212,423
47$82,395,489$33,322,398$25,286,587$58,679,957
48$90,710,157$34,865,523$26,044,016$63,559,950
49$99,870,096$36,481,437$26,823,994$68,892,626
50$109,961,436$38,173,618$27,627,188$74,722,231
51$121,079,087$39,945,709$28,454,283$81,097,434
52$133,327,638$41,801,533$29,305,986$88,071,783
53$146,822,344$43,745,095$30,183,023$95,704,190
54$161,690,211$45,780,593$31,086,143$104,059,479
55$178,071,198$47,912,428$32,016,114$113,208,985
56$196,119,537$50,145,213$32,973,730$123,231,209
57$216,005,185$52,483,785$33,959,806$134,212,548
58$237,915,436$54,933,212$34,975,182$146,248,092
59$262,056,681$57,498,810$36,020,720$159,442,508
60$288,656,359$60,186,148$37,097,312$173,911,011
61$317,965,107$63,001,068$38,205,871$189,780,430
62$350,259,120$65,949,692$39,347,339$207,190,393
63$385,842,761$69,038,438$40,522,686$226,294,620
64$425,051,436$72,274,035$41,732,909$247,262,356
65$468,254,756$75,663,536$42,979,035$270,279,947
66$515,860,029$79,214,338$44,262,121$295,552,578
67$568,316,103$82,934,192$45,583,253$323,306,185
68$626,117,605$86,831,227$46,943,552$353,789,563
69$689,809,608$90,913,964$48,344,168$387,276,691
70$759,992,778$95,191,338$49,786,287$424,069,292
71$837,329,042$99,672,715$51,271,129$464,499,648
72$922,547,841$104,367,914$52,799,948$508,933,715
73$1,016,453,012$109,287,233$54,374,037$557,774,541
74$1,119,930,376$114,441,464$55,994,725$611,466,042
75$1,233,956,105$119,841,927$57,663,379$670,497,158
76$1,359,605,933$125,500,486$59,381,407$735,406,433
77$1,498,065,312$131,429,583$61,150,257$806,787,063
78$1,650,640,603$137,642,263$62,971,421$885,292,456
79$1,818,771,413$144,152,202$64,846,432$971,642,361
80$2,004,044,177$150,973,740$66,776,867$1,066,629,621
81$2,208,207,143$158,121,913$68,764,352$1,171,127,611
82$2,433,186,870$165,612,486$70,810,557$1,286,098,440
83$2,681,106,422$173,461,988$72,917,201$1,412,601,981
84$2,954,305,405$181,687,753$75,086,055$1,551,805,829
85$3,255,362,057$190,307,954$77,318,938$1,704,996,270
86$3,587,117,588$199,341,645$79,617,725$1,873,590,365
87$3,952,703,005$208,808,808$81,984,341$2,059,149,274
88$4,355,568,666$218,730,395$84,420,771$2,263,392,930
89$4,799,516,858$229,128,372$86,929,055$2,488,216,212
90$5,288,737,691$240,025,776$89,511,292$2,735,706,768
91$5,827,848,658$251,446,762$92,169,643$3,008,164,652
92$6,421,938,225$263,416,657$94,906,330$3,308,123,965
93$7,076,613,872$275,962,021$97,723,640$3,638,376,700
94$7,798,055,030$289,110,702$100,623,924$4,001,999,021
95$8,593,071,422$302,891,906$103,609,605$4,402,380,218
96$9,469,167,351$317,336,254$106,683,171$4,843,254,615
97$10,434,612,549$332,475,858$109,847,185$5,328,736,734
98$11,498,520,245$348,344,392$113,104,283$5,863,360,039
99$12,670,933,210$364,977,166$116,457,175$6,452,119,634
100$13,962,918,559$382,411,209$119,908,652$7,100,519,313