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%16.1%
1 years$1,230,428$1,219,468$1,208,775$1,198,338$1,188,147$1,158,484
2 years$609,123$597,778$586,784$576,124$565,784$536,087
3 years$402,048$390,655$379,688$369,128$358,957$330,154
4 years$298,531$287,173$276,316$265,936$256,011$228,324
5 years$236,437$225,147$214,432$204,264$194,615$168,122
6 years$195,055$183,849$173,293$163,352$153,993$128,718
7 years$165,507$154,396$144,007$134,301$125,237$101,185
8 years$143,357$132,346$122,130$112,661$103,896$81,055
9 years$126,138$115,231$105,190$95,963$87,496$65,847
10 years$112,371$101,571$91,707$82,721$74,551$54,069
11 years$101,114$90,422$80,738$71,992$64,116$44,771
12 years$91,740$81,158$71,653$63,146$55,562$37,320
13 years$83,815$73,343$64,017$55,749$48,451$31,277
14 years$77,027$66,667$57,519$49,488$42,472$26,327
15 years$71,150$60,902$51,932$44,134$37,395$22,241
16 years$66,013$55,876$47,084$39,517$33,050$18,845
17 years$61,484$51,460$42,845$35,506$29,305$16,008
18 years$57,464$47,551$39,112$31,998$26,056$13,626
19 years$53,870$44,070$35,805$28,913$23,225$11,618
20 years$50,640$40,952$32,860$26,186$20,745$9,922
21 years$47,722$38,145$30,225$23,766$18,564$8,483
22 years$45,072$35,607$27,857$21,609$16,640$7,261
23 years$42,657$33,303$25,721$19,679$14,937$6,220
24 years$40,446$31,202$23,787$17,949$13,426$5,333
25 years$38,415$29,282$22,032$16,392$12,081$4,575
26 years$36,543$27,520$20,434$14,988$10,882$3,928
27 years$34,813$25,900$18,974$13,719$9,811$3,373
28 years$33,209$24,405$17,639$12,569$8,853$2,898
29 years$31,718$23,023$16,415$11,526$7,994$2,491
30 years$30,330$21,743$15,290$10,578$7,223$2,141
31 years$29,034$20,555$14,254$9,715$6,530$1,842
32 years$27,821$19,449$13,299$8,929$5,907$1,584
33 years$26,684$18,418$12,418$8,211$5,346$1,363
34 years$25,616$17,456$11,602$7,554$4,840$1,173
35 years$24,611$16,557$10,847$6,954$4,384$1,009
36 years$23,665$15,715$10,147$6,405$3,972$869
37 years$22,771$14,926$9,498$5,901$3,600$748
38 years$21,927$14,185$8,894$5,439$3,264$644
39 years$21,128$13,488$8,333$5,015$2,960$554
40 years$20,371$12,833$7,811$4,626$2,685$477
41 years$19,652$12,216$7,324$4,268$2,435$411
42 years$18,970$11,634$6,870$3,939$2,210$354
43 years$18,321$11,085$6,447$3,636$2,006$305
44 years$17,703$10,566$6,051$3,357$1,821$262
45 years$17,115$10,076$5,682$3,100$1,653$226
46 years$16,553$9,612$5,337$2,864$1,501$194
47 years$16,018$9,173$5,014$2,646$1,363$167
48 years$15,506$8,757$4,711$2,445$1,237$144
49 years$15,016$8,362$4,428$2,260$1,124$124
50 years$14,548$7,988$4,163$2,089$1,021$107

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 $5,916 every year, while hoping to spend $55,611 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: 41/45/14 Blend
29$14,900,000$14,900,000$14,900,000$14,900,000
30$16,425,902$15,636,202$15,405,252$17,031,188
31$18,042,175$16,343,207$15,862,159$18,165,778
32$19,821,443$17,082,990$16,332,507$19,387,085
33$21,780,274$17,857,101$16,816,690$20,707,731
34$23,936,923$18,667,159$17,315,110$22,136,789
35$26,311,504$19,514,865$17,828,182$23,684,208
36$28,926,183$20,401,999$18,356,331$25,360,906
37$31,805,382$21,330,426$18,899,997$27,178,862
38$34,976,015$22,302,100$19,459,630$29,151,224
39$38,467,736$23,319,071$20,035,696$31,292,424
40$42,313,225$24,383,485$20,628,671$33,618,310
41$46,548,489$25,497,591$21,239,047$36,146,285
42$51,213,208$26,663,746$21,867,328$38,895,463
43$56,351,108$27,884,422$22,514,036$41,886,840
44$62,010,369$29,162,206$23,179,704$45,143,487
45$68,244,085$30,499,813$23,864,882$48,690,751
46$75,110,762$31,900,085$24,570,137$52,556,493
47$82,674,873$33,366,003$25,296,050$56,771,331
48$91,007,462$34,900,689$26,043,220$61,368,928
49$100,186,818$36,507,416$26,812,262$66,386,290
50$110,299,210$38,189,617$27,603,809$71,864,106
51$121,439,706$39,950,885$28,418,514$77,847,121
52$133,713,067$41,794,989$29,257,045$84,384,545
53$147,234,737$43,725,880$30,120,092$91,530,502
54$162,131,929$45,747,697$31,008,364$99,344,527
55$178,544,830$47,864,779$31,922,590$107,892,113
56$196,627,925$50,081,675$32,863,518$117,245,315
57$216,551,448$52,403,152$33,831,920$127,483,409
58$238,502,995$54,834,206$34,828,590$138,693,631
59$262,689,295$57,380,076$35,854,342$150,971,974
60$289,338,155$60,046,252$36,910,014$164,424,080
61$318,700,618$62,838,489$37,996,470$179,166,217
62$351,053,325$65,762,820$39,114,597$195,326,354
63$386,701,134$68,825,568$40,265,306$213,045,347
64$425,979,992$72,033,363$41,449,535$232,478,251
65$469,260,106$75,393,152$42,668,250$253,795,752
66$516,949,441$78,912,221$43,922,441$277,185,760
67$569,497,571$82,598,206$45,213,129$302,855,153
68$627,399,916$86,459,112$46,541,362$331,031,704
69$691,202,430$90,503,331$47,908,220$361,966,202
70$761,506,743$94,739,659$49,314,810$395,934,790
71$838,975,848$99,177,320$50,762,274$433,241,541
72$924,340,357$103,825,981$52,251,783$474,221,293
73$1,018,405,400$108,695,780$53,784,543$519,242,780
74$1,122,058,220$113,797,343$55,361,795$568,712,072
75$1,236,276,554$119,141,809$56,984,811$623,076,375
76$1,362,137,864$124,740,858$58,654,903$682,828,209
77$1,500,829,501$130,606,736$60,373,418$748,510,020
78$1,653,659,924$136,752,279$62,141,741$820,719,255
79$1,822,071,042$143,190,947$63,961,295$900,113,961
80$2,007,651,836$149,936,850$65,833,546$987,418,941
81$2,212,153,351$157,004,784$67,759,997$1,083,432,556
82$2,437,505,233$164,410,259$69,742,198$1,189,034,204
83$2,685,833,942$172,169,537$71,781,737$1,305,192,572
84$2,959,482,830$180,299,670$73,880,251$1,432,974,717
85$3,261,034,260$188,818,536$76,039,421$1,573,556,086
86$3,593,333,988$197,744,877$78,260,975$1,728,231,547
87$3,959,518,026$207,098,347$80,546,689$1,898,427,548
88$4,363,042,252$216,899,553$82,898,389$2,085,715,516
89$4,807,715,029$227,170,099$85,317,954$2,291,826,617
90$5,297,733,168$237,932,640$87,807,311$2,518,668,027
91$5,837,721,541$249,210,928$90,368,445$2,768,340,857
92$6,432,776,744$261,029,870$93,003,394$3,043,159,902
93$7,088,515,217$273,415,579$95,714,253$3,345,675,415
94$7,811,126,265$286,395,438$98,503,176$3,678,697,085
95$8,607,430,489$299,998,159$101,372,377$4,045,320,470
96$9,484,944,177$314,253,848$104,324,131$4,448,956,121
97$10,451,950,269$329,194,072$107,360,775$4,893,361,678
98$11,517,576,549$344,851,934$110,484,713$5,382,677,230
99$12,691,881,821$361,262,143$113,698,415$5,921,464,288
100$13,985,950,873$378,461,094$117,004,418$6,514,748,730