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

Use the below retirement simulation to view the chances of a successful retirement.
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%
1 years$1,222,170$1,211,284$1,200,662$1,190,296$1,180,173$1,141,938
2 years$605,035$593,767$582,846$572,257$561,987$523,825
3 years$399,350$388,033$377,140$366,651$356,548$319,656
4 years$296,528$285,245$274,461$264,151$254,293$218,954
5 years$234,850$223,636$212,993$202,894$193,309$159,618
6 years$193,746$182,615$172,130$162,256$152,959$120,943
7 years$164,396$153,360$143,041$133,399$124,397$94,052
8 years$142,395$131,458$121,310$111,905$103,199$74,505
9 years$125,291$114,458$104,484$95,319$86,909$59,832
10 years$111,617$100,889$91,092$82,165$74,050$48,549
11 years$100,435$89,816$80,196$71,509$63,686$39,712
12 years$91,125$80,614$71,172$62,723$55,189$32,691
13 years$83,252$72,851$63,587$55,375$48,126$27,048
14 years$76,510$66,220$57,133$49,155$42,187$22,471
15 years$70,673$60,493$51,584$43,838$37,144$18,731
16 years$65,570$55,501$46,768$39,252$32,828$15,656
17 years$61,072$51,114$42,557$35,268$29,108$13,115
18 years$57,078$47,232$38,849$31,783$25,881$11,008
19 years$53,509$43,774$35,565$28,719$23,069$9,253
20 years$50,301$40,677$32,639$26,011$20,605$7,788
21 years$47,402$37,889$30,022$23,606$18,439$6,562
22 years$44,770$35,368$27,670$21,463$16,528$5,534
23 years$42,370$33,079$25,548$19,547$14,837$4,671
24 years$40,174$30,993$23,628$17,828$13,336$3,945
25 years$38,157$29,085$21,884$16,282$12,000$3,333
26 years$36,298$27,336$20,296$14,887$10,809$2,818
27 years$34,579$25,726$18,847$13,627$9,745$2,383
28 years$32,986$24,241$17,521$12,485$8,793$2,016
29 years$31,506$22,869$16,305$11,449$7,940$1,706
30 years$30,126$21,597$15,187$10,507$7,175$1,444
31 years$28,839$20,417$14,158$9,650$6,486$1,222
32 years$27,634$19,318$13,210$8,869$5,867$1,035
33 years$26,505$18,295$12,334$8,155$5,310$876
34 years$25,444$17,339$11,524$7,504$4,808$742
35 years$24,446$16,446$10,775$6,908$4,354$629
36 years$23,506$15,610$10,079$6,362$3,945$532
37 years$22,618$14,826$9,434$5,861$3,576$451
38 years$21,780$14,090$8,835$5,403$3,242$382
39 years$20,986$13,398$8,277$4,982$2,940$324
40 years$20,234$12,747$7,758$4,595$2,666$274
41 years$19,520$12,134$7,275$4,239$2,419$232
42 years$18,843$11,556$6,824$3,912$2,195$197
43 years$18,198$11,010$6,403$3,612$1,992$167
44 years$17,585$10,495$6,011$3,335$1,808$141
45 years$17,000$10,008$5,644$3,080$1,642$120
46 years$16,442$9,547$5,301$2,845$1,491$102
47 years$15,910$9,111$4,980$2,628$1,353$86
48 years$15,402$8,698$4,680$2,429$1,229$73
49 years$14,915$8,306$4,399$2,244$1,116$62
50 years$14,450$7,934$4,135$2,075$1,014$52

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 $5,461 every year, while hoping to spend $36,853 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: 31/43/26 Blend
29$14,800,000$14,800,000$14,800,000$14,800,000
30$16,315,233$15,530,833$15,301,433$16,690,405
31$17,940,175$16,252,633$15,774,820$17,701,057
32$19,729,627$17,008,565$16,262,830$18,784,557
33$21,700,328$17,800,264$16,765,914$19,950,162
34$23,870,727$18,629,442$17,284,537$21,205,071
35$26,261,151$19,497,895$17,819,179$22,557,167
36$28,894,000$20,407,503$18,370,333$24,015,084
37$31,793,957$21,360,240$18,938,508$25,588,281
38$34,988,222$22,358,173$19,524,229$27,287,124
39$38,506,767$23,403,470$20,128,038$29,122,975
40$42,382,621$24,498,404$20,750,491$31,108,293
41$46,652,179$25,645,356$21,392,163$33,256,739
42$51,355,548$26,846,825$22,053,647$35,583,301
43$56,536,923$28,105,429$22,735,553$38,104,423
44$62,245,006$29,423,912$23,438,511$40,838,148
45$68,533,465$30,805,152$24,163,170$43,804,284
46$75,461,440$32,252,166$24,910,198$47,024,575
47$83,094,102$33,768,118$25,680,285$50,522,896
48$91,503,267$35,356,322$26,474,141$54,325,468
49$100,768,074$37,020,255$27,292,498$58,461,091
50$110,975,733$38,763,563$28,136,112$62,961,405
51$122,222,346$40,590,066$29,005,760$67,861,174
52$134,613,817$42,503,771$29,902,245$73,198,598
53$148,266,849$44,508,879$30,826,393$79,015,664
54$163,310,047$46,609,793$31,779,056$85,358,521
55$179,885,130$48,811,131$32,761,113$92,277,902
56$198,148,272$51,117,735$33,773,469$99,829,586
57$218,271,572$53,534,680$34,817,056$108,074,906
58$240,444,682$56,067,289$35,892,838$117,081,311
59$264,876,596$58,721,143$37,001,804$126,922,981
60$291,797,622$61,502,092$38,144,977$137,681,507
61$321,461,556$64,416,271$39,323,411$149,446,642
62$354,148,079$67,470,113$40,538,190$162,317,125
63$390,165,398$70,670,363$41,790,434$176,401,586
64$429,853,151$74,024,093$43,081,295$191,819,555
65$473,585,617$77,538,718$44,411,963$208,702,558
66$521,775,249$81,222,015$45,783,664$227,195,332
67$574,876,567$85,082,136$47,197,659$247,457,168
68$633,390,446$89,127,630$48,655,250$269,663,381
69$697,868,851$93,367,463$50,157,780$294,006,939
70$768,920,038$97,811,033$51,706,630$320,700,245
71$847,214,307$102,468,199$53,303,227$349,977,116
72$933,490,320$107,349,294$54,949,039$382,094,952
73$1,028,562,082$112,465,159$56,645,581$417,337,129
74$1,133,326,619$117,827,157$58,394,413$456,015,634
75$1,248,772,452$123,447,205$60,197,144$498,473,974
76$1,375,988,926$129,337,801$62,055,431$545,090,375
77$1,516,176,493$135,512,050$63,970,984$596,281,304
78$1,670,658,047$141,983,693$65,945,565$652,505,362
79$1,840,891,414$148,767,140$67,980,987$714,267,558
80$2,028,483,111$155,877,503$70,079,123$782,124,031
81$2,235,203,516$163,330,627$72,241,901$856,687,244
82$2,463,003,578$171,143,132$74,471,308$938,631,709
83$2,714,033,240$179,332,442$76,769,394$1,028,700,302
84$2,990,661,731$187,916,833$79,138,269$1,127,711,209
85$3,295,499,937$196,915,467$81,580,111$1,236,565,590
86$3,631,425,047$206,348,441$84,097,161$1,356,256,019
87$4,001,607,718$216,236,831$86,691,732$1,487,875,784
88$4,409,542,008$226,602,738$89,366,207$1,632,629,135
89$4,859,078,359$237,469,338$92,123,042$1,791,842,573
90$5,354,459,954$248,860,939$94,964,766$1,966,977,302
91$5,900,362,774$260,803,029$97,893,990$2,159,642,926
92$6,501,939,740$273,322,341$100,913,402$2,371,612,569
93$7,164,869,366$286,446,908$104,025,774$2,604,839,514
94$7,895,409,364$300,206,130$107,233,960$2,861,475,551
95$8,700,455,727$314,630,838$110,540,906$3,143,891,187
96$9,587,607,829$329,753,367$113,949,644$3,454,697,922
97$10,565,240,173$345,607,626$117,463,302$3,796,772,788
98$11,642,581,450$362,229,180$121,085,102$4,173,285,401
99$12,829,801,671$379,655,323$124,818,366$4,587,727,754
100$14,138,108,178$397,925,170$128,666,518$5,043,947,064