Can I retire at age 30 with 15,000,000?

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 $15,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$1,238,686$1,227,652$1,216,888$1,206,381$1,196,121$1,167,205
2 years$613,211$601,790$590,722$579,991$569,581$540,623
3 years$404,746$393,277$382,236$371,606$361,366$333,270
4 years$300,535$289,100$278,170$267,721$257,729$230,712
5 years$238,024$226,658$215,871$205,635$195,922$170,059
6 years$196,364$185,083$174,456$164,448$155,026$130,343
7 years$166,618$155,433$144,974$135,202$126,078$102,578
8 years$144,319$133,234$122,949$113,418$104,594$82,268
9 years$126,984$116,005$105,896$96,607$88,083$66,913
10 years$113,125$102,252$92,323$83,276$75,051$55,012
11 years$101,793$91,029$81,280$72,475$64,546$45,610
12 years$92,356$81,703$72,133$63,570$55,935$38,070
13 years$84,377$73,836$64,446$56,123$48,776$31,948
14 years$77,544$67,114$57,905$49,820$42,757$26,929
15 years$71,628$61,310$52,281$44,430$37,646$22,781
16 years$66,456$56,251$47,400$39,783$33,272$19,330
17 years$61,897$51,805$43,132$35,744$29,501$16,444
18 years$57,849$47,870$39,374$32,213$26,231$14,017
19 years$54,232$44,366$36,045$29,107$23,380$11,970
20 years$50,980$41,227$33,081$26,362$20,884$10,238
21 years$48,042$38,401$30,428$23,925$18,689$8,767
22 years$45,375$35,846$28,044$21,754$16,752$7,515
23 years$42,943$33,526$25,894$19,811$15,037$6,449
24 years$40,717$31,412$23,947$18,069$13,516$5,537
25 years$38,672$29,478$22,180$16,502$12,162$4,758
26 years$36,788$27,705$20,571$15,088$10,955$4,091
27 years$35,046$26,074$19,102$13,811$9,877$3,519
28 years$33,432$24,569$17,757$12,654$8,912$3,029
29 years$31,931$23,178$16,525$11,604$8,048$2,607
30 years$30,534$21,889$15,392$10,649$7,272$2,245
31 years$29,228$20,693$14,350$9,780$6,574$1,934
32 years$28,007$19,579$13,389$8,989$5,947$1,666
33 years$26,863$18,542$12,501$8,266$5,382$1,436
34 years$25,788$17,574$11,680$7,605$4,873$1,238
35 years$24,776$16,668$10,920$7,001$4,413$1,067
36 years$23,823$15,821$10,216$6,448$3,999$920
37 years$22,924$15,026$9,562$5,941$3,624$793
38 years$22,074$14,280$8,954$5,476$3,286$684
39 years$21,270$13,579$8,389$5,049$2,980$590
40 years$20,507$12,919$7,863$4,657$2,703$509
41 years$19,784$12,298$7,373$4,297$2,452$439
42 years$19,097$11,712$6,916$3,965$2,225$378
43 years$18,444$11,159$6,490$3,660$2,019$326
44 years$17,822$10,637$6,092$3,380$1,833$282
45 years$17,230$10,143$5,720$3,121$1,664$243
46 years$16,665$9,676$5,372$2,883$1,511$210
47 years$16,125$9,234$5,047$2,664$1,372$181
48 years$15,610$8,815$4,743$2,461$1,246$156
49 years$15,117$8,418$4,458$2,275$1,131$135
50 years$14,645$8,041$4,191$2,103$1,028$116

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $15,000,000, adding $2,173 every year, while hoping to spend $35,629 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: 76/5/19 Blend
29$15,000,000$15,000,000$15,000,000$15,000,000
30$16,532,241$15,737,241$15,504,741$17,715,896
31$18,180,621$16,470,457$15,986,241$19,232,920
32$19,995,941$17,238,407$16,482,677$20,891,152
33$21,995,192$18,042,754$16,994,512$22,708,366
34$24,197,097$18,885,243$17,522,223$24,700,427
35$26,622,285$19,767,704$18,066,301$26,884,806
36$29,293,490$20,692,054$18,627,255$29,280,745
37$32,235,763$21,660,302$19,205,605$31,909,430
38$35,476,711$22,674,556$19,801,893$34,794,200
39$39,046,751$23,737,025$20,416,672$37,960,756
40$42,979,405$24,850,025$21,050,515$41,437,406
41$47,311,611$26,015,983$21,704,014$45,255,330
42$52,084,073$27,237,444$22,377,777$49,448,873
43$57,341,648$28,517,078$23,072,431$54,055,864
44$63,133,762$29,857,681$23,788,624$59,117,975
45$69,514,885$31,262,186$24,527,022$64,681,109
46$76,545,038$32,733,669$25,288,313$70,795,833
47$84,290,367$34,275,353$26,073,206$77,517,851
48$92,823,757$35,890,618$26,882,431$84,908,529
49$102,225,530$37,583,008$27,716,742$93,035,472
50$112,584,196$39,356,238$28,576,915$101,973,157
51$123,997,295$41,214,204$29,463,752$111,803,635
52$136,572,308$43,160,989$30,378,078$122,617,302
53$150,427,683$45,200,877$31,320,742$134,513,752
54$165,693,943$47,338,357$32,292,624$147,602,709
55$182,514,926$49,578,136$33,294,627$162,005,063
56$201,049,134$51,925,151$34,327,683$177,854,007
57$221,471,239$54,384,577$35,392,754$195,296,292
58$243,973,724$56,961,840$36,490,830$214,493,605
59$268,768,704$59,662,630$37,622,932$235,624,096
60$296,089,926$62,492,913$38,790,115$258,884,054
61$326,194,977$65,458,944$39,993,462$284,489,754
62$359,367,716$68,567,284$41,234,094$312,679,496
63$395,920,951$71,824,808$42,513,164$343,715,853
64$436,199,394$75,238,730$43,831,862$377,888,139
65$480,582,915$78,816,611$45,191,412$415,515,141
66$529,490,128$82,566,381$46,593,080$456,948,119
67$583,382,341$86,496,353$48,038,168$502,574,123
68$642,767,912$90,615,247$49,528,019$552,819,632
69$708,207,050$94,932,205$51,064,019$608,154,584
70$780,317,099$99,456,813$52,647,593$669,096,802
71$859,778,371$104,199,124$54,280,215$736,216,876
72$947,340,564$109,169,680$55,963,401$810,143,545
73$1,043,829,841$114,379,535$57,698,715$891,569,624
74$1,150,156,632$119,840,279$59,487,769$981,258,540
75$1,267,324,224$125,564,068$61,332,225$1,080,051,533
76$1,396,438,236$131,563,649$63,233,796$1,188,875,584
77$1,538,717,057$137,852,388$65,194,248$1,308,752,166
78$1,695,503,343$144,444,302$67,215,402$1,440,806,876
79$1,868,276,701$151,354,089$69,299,136$1,586,280,052
80$2,058,667,650$158,597,165$71,447,382$1,746,538,477
81$2,268,473,018$166,189,694$73,662,137$1,923,088,268
82$2,499,672,903$174,148,626$75,945,456$2,117,589,092
83$2,754,449,369$182,491,739$78,299,458$2,331,869,819
84$3,035,207,045$191,237,674$80,726,330$2,567,945,781
85$3,344,595,824$200,405,980$83,228,322$2,828,037,786
86$3,685,535,885$210,017,160$85,807,758$3,114,593,074
87$4,061,245,257$220,092,713$88,467,030$3,430,308,406
88$4,475,270,204$230,655,187$91,208,607$3,778,155,516
89$4,931,518,701$241,728,227$94,035,031$4,161,409,153
90$5,434,297,328$253,336,630$96,948,924$4,583,677,979
91$5,988,351,933$265,506,402$99,952,990$5,048,938,632
92$6,598,912,430$278,264,816$103,050,016$5,561,573,249
93$7,271,742,179$291,640,472$106,242,872$6,126,410,822
94$8,013,192,393$305,663,368$109,534,521$6,748,772,777
95$8,830,262,104$320,364,959$112,928,014$7,434,523,190
96$9,730,664,234$335,778,238$116,426,497$8,190,124,138
97$10,722,898,416$351,937,801$120,033,215$9,022,696,687
98$11,816,331,237$368,879,936$123,751,510$9,940,088,099
99$13,021,284,667$386,642,697$127,584,830$10,950,945,906
100$14,349,133,508$405,265,994$131,536,727$12,064,799,523