Can I retire at age 30 with 14,900,000?

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 $14,900,000?

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$1,230,428$1,219,468$1,208,775$1,198,338$1,188,147$1,160,366
2 years$609,123$597,778$586,784$576,124$565,784$537,954
3 years$402,048$390,655$379,688$369,128$358,957$331,946
4 years$298,531$287,173$276,316$265,936$256,011$230,028
5 years$236,437$225,147$214,432$204,264$194,615$169,732
6 years$195,055$183,849$173,293$163,352$153,993$130,235
7 years$165,507$154,396$144,007$134,301$125,237$102,609
8 years$143,357$132,346$122,130$112,661$103,896$82,389
9 years$126,138$115,231$105,190$95,963$87,496$67,092
10 years$112,371$101,571$91,707$82,721$74,551$55,228
11 years$101,114$90,422$80,738$71,992$64,116$45,847
12 years$91,740$81,158$71,653$63,146$55,562$38,318
13 years$83,815$73,343$64,017$55,749$48,451$32,199
14 years$77,027$66,667$57,519$49,488$42,472$27,178
15 years$71,150$60,902$51,932$44,134$37,395$23,024
16 years$66,013$55,876$47,084$39,517$33,050$19,564
17 years$61,484$51,460$42,845$35,506$29,305$16,667
18 years$57,464$47,551$39,112$31,998$26,056$14,228
19 years$53,870$44,070$35,805$28,913$23,225$12,169
20 years$50,640$40,952$32,860$26,186$20,745$10,423
21 years$47,722$38,145$30,225$23,766$18,564$8,939
22 years$45,072$35,607$27,857$21,609$16,640$7,675
23 years$42,657$33,303$25,721$19,679$14,937$6,596
24 years$40,446$31,202$23,787$17,949$13,426$5,673
25 years$38,415$29,282$22,032$16,392$12,081$4,883
26 years$36,543$27,520$20,434$14,988$10,882$4,205
27 years$34,813$25,900$18,974$13,719$9,811$3,623
28 years$33,209$24,405$17,639$12,569$8,853$3,123
29 years$31,718$23,023$16,415$11,526$7,994$2,693
30 years$30,330$21,743$15,290$10,578$7,223$2,323
31 years$29,034$20,555$14,254$9,715$6,530$2,004
32 years$27,821$19,449$13,299$8,929$5,907$1,730
33 years$26,684$18,418$12,418$8,211$5,346$1,493
34 years$25,616$17,456$11,602$7,554$4,840$1,289
35 years$24,611$16,557$10,847$6,954$4,384$1,113
36 years$23,665$15,715$10,147$6,405$3,972$961
37 years$22,771$14,926$9,498$5,901$3,600$830
38 years$21,927$14,185$8,894$5,439$3,264$717
39 years$21,128$13,488$8,333$5,015$2,960$619
40 years$20,371$12,833$7,811$4,626$2,685$535
41 years$19,652$12,216$7,324$4,268$2,435$462
42 years$18,970$11,634$6,870$3,939$2,210$399
43 years$18,321$11,085$6,447$3,636$2,006$345
44 years$17,703$10,566$6,051$3,357$1,821$298
45 years$17,115$10,076$5,682$3,100$1,653$258
46 years$16,553$9,612$5,337$2,864$1,501$223
47 years$16,018$9,173$5,014$2,646$1,363$192
48 years$15,506$8,757$4,711$2,445$1,237$166
49 years$15,016$8,362$4,428$2,260$1,124$144
50 years$14,548$7,988$4,163$2,089$1,021$124

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $14,900,000, adding $5,229 every year, while hoping to spend $33,280 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: 51/19/30 Blend
29$14,900,000$14,900,000$14,900,000$14,900,000
30$16,425,194$15,635,494$15,404,544$17,123,391
31$18,065,154$16,366,223$15,885,186$18,342,659
32$19,871,274$17,131,643$16,380,815$19,664,040
33$21,860,469$17,933,418$16,891,897$21,100,352
34$24,051,374$18,773,293$17,418,913$22,662,566
35$26,464,528$19,653,098$17,962,360$24,362,744
36$29,122,560$20,574,750$18,522,750$26,214,145
37$32,050,410$21,540,261$19,100,610$28,231,349
38$35,275,556$22,551,739$19,696,485$30,430,391
39$38,828,282$23,611,393$20,310,936$32,828,903
40$42,741,956$24,721,541$20,944,542$35,446,281
41$47,053,350$25,884,611$21,597,899$38,303,861
42$51,802,986$27,103,151$22,271,622$41,425,115
43$57,035,515$28,379,830$22,966,346$44,835,867
44$62,800,144$29,717,448$23,682,726$48,564,534
45$69,151,096$31,118,940$24,421,434$52,642,383
46$76,148,124$32,587,384$25,183,168$57,103,826
47$83,857,072$34,126,005$25,968,643$61,986,735
48$92,350,500$35,738,187$26,778,600$67,332,793
49$101,708,369$37,427,475$27,613,801$73,187,883
50$112,018,791$39,197,590$28,475,031$79,602,512
51$123,378,865$41,052,429$29,363,102$86,632,279
52$135,895,592$42,996,081$30,278,849$94,338,395
53$149,686,887$45,032,834$31,223,135$102,788,252
54$164,882,687$47,167,180$32,196,847$112,056,049
55$181,626,182$49,403,833$33,200,903$122,223,485
56$200,075,165$51,747,733$34,236,246$133,380,521
57$220,403,523$54,204,063$35,303,851$145,626,220
58$242,802,875$56,778,255$36,404,723$159,069,670
59$267,484,385$59,476,006$37,539,897$173,831,005
60$294,680,750$62,303,288$38,710,442$190,042,529
61$324,648,402$65,266,365$39,917,458$207,849,951
62$357,669,927$68,371,805$41,162,080$227,413,751
63$394,056,730$71,626,494$42,445,481$248,910,680
64$434,151,978$75,037,654$43,768,866$272,535,420
65$478,333,837$78,612,856$45,133,480$298,502,402
66$527,019,044$82,360,042$46,540,607$327,047,822
67$580,666,840$86,287,537$47,991,571$358,431,852
68$639,783,304$90,404,073$49,487,735$392,941,083
69$704,926,134$94,718,805$51,030,506$430,891,213
70$776,709,907$99,241,334$52,621,336$472,630,010
71$855,811,887$103,981,728$54,261,720$518,540,580
72$942,978,412$108,950,546$55,953,200$569,044,964
73$1,039,031,944$114,158,857$57,697,367$624,608,102
74$1,144,878,834$119,618,272$59,495,860$685,742,203
75$1,261,517,873$125,340,966$61,350,370$753,011,558
76$1,390,049,729$131,339,705$63,262,640$827,037,852
77$1,531,687,330$137,627,880$65,234,467$908,505,999
78$1,687,767,322$144,219,530$67,267,705$998,170,595
79$1,859,762,681$151,129,379$69,364,266$1,096,863,009
80$2,049,296,623$158,372,868$71,526,118$1,205,499,210
81$2,258,157,930$165,966,190$73,755,294$1,325,088,387
82$2,488,317,831$173,926,325$76,053,889$1,456,742,444
83$2,741,948,618$182,271,083$78,424,062$1,601,686,471
84$3,021,444,149$191,019,138$80,868,040$1,761,270,280
85$3,329,442,453$200,190,077$83,388,120$1,936,981,109
86$3,668,850,630$209,804,438$85,986,669$2,130,457,636
87$4,042,872,301$219,883,761$88,666,129$2,343,505,410
88$4,455,037,847$230,450,637$91,429,016$2,578,113,860
89$4,909,237,745$241,528,756$94,277,926$2,836,475,037
90$5,409,759,293$253,142,963$97,215,534$3,121,004,272
91$5,961,327,087$265,319,314$100,244,600$3,434,362,930
92$6,569,147,624$278,085,135$103,367,969$3,779,483,497
93$7,238,958,460$291,469,084$106,588,574$4,159,597,214
94$7,977,082,370$305,501,217$109,909,438$4,578,264,537
95$8,790,487,049$320,213,054$113,333,682$5,039,408,700
96$9,686,850,887$335,637,653$116,864,519$5,547,352,696
97$10,674,635,463$351,809,683$120,505,266$6,106,860,042
98$11,763,165,427$368,765,505$124,259,339$6,723,179,685
99$12,962,716,539$386,543,252$128,130,265$7,402,095,499
100$14,284,612,672$405,182,918$132,121,676$8,149,980,829