Can I retire at age 30 with 15,300,000?

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 $15,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$1,263,460$1,252,205$1,241,225$1,230,508$1,220,043$1,194,922
2 years$625,475$613,826$602,537$591,591$580,973$555,777
3 years$412,841$401,142$389,881$379,038$368,593$344,110
4 years$306,545$294,882$283,734$273,075$262,884$239,301
5 years$242,784$231,191$220,189$209,748$199,840$177,225
6 years$200,291$188,785$177,945$167,737$158,127$136,504
7 years$169,950$158,541$147,873$137,906$128,599$107,974
8 years$147,205$135,899$125,408$115,686$106,686$87,050
9 years$129,524$118,325$108,014$98,539$89,845$71,186
10 years$115,387$104,297$94,169$84,941$76,552$58,852
11 years$103,829$92,850$82,905$73,924$65,837$49,074
12 years$94,203$83,337$73,576$64,842$57,053$41,202
13 years$86,065$75,312$65,735$57,245$49,752$34,785
14 years$79,095$68,457$59,064$50,816$43,612$29,501
15 years$73,060$62,537$53,326$45,319$38,399$25,114
16 years$67,785$57,376$48,348$40,578$33,937$21,446
17 years$63,135$52,841$43,995$36,459$30,091$18,362
18 years$59,006$48,828$40,162$32,857$26,756$15,757
19 years$55,316$45,253$36,766$29,689$23,848$13,546
20 years$52,000$42,051$33,742$26,889$21,302$11,664
21 years$49,003$39,169$31,036$24,404$19,062$10,057
22 years$46,282$36,563$28,605$22,189$17,087$8,682
23 years$43,802$34,197$26,411$20,208$15,338$7,502
24 years$41,531$32,040$24,426$18,431$13,786$6,488
25 years$39,446$30,068$22,623$16,832$12,405$5,615
26 years$37,524$28,259$20,982$15,390$11,174$4,863
27 years$35,747$26,595$19,484$14,087$10,075$4,214
28 years$34,100$25,060$18,113$12,907$9,091$3,653
29 years$32,570$23,642$16,855$11,836$8,209$3,168
30 years$31,144$22,327$15,700$10,862$7,417$2,749
31 years$29,813$21,106$14,637$9,976$6,706$2,385
32 years$28,568$19,971$13,656$9,168$6,066$2,071
33 years$27,400$18,913$12,751$8,431$5,489$1,798
34 years$26,304$17,925$11,914$7,757$4,970$1,561
35 years$25,272$17,002$11,139$7,141$4,502$1,356
36 years$24,300$16,137$10,420$6,577$4,079$1,178
37 years$23,383$15,326$9,753$6,060$3,697$1,023
38 years$22,516$14,566$9,133$5,585$3,351$889
39 years$21,695$13,850$8,557$5,150$3,039$773
40 years$20,918$13,178$8,020$4,750$2,757$672
41 years$20,180$12,544$7,520$4,382$2,501$584
42 years$19,479$11,946$7,054$4,044$2,269$507
43 years$18,813$11,382$6,620$3,734$2,059$441
44 years$18,179$10,850$6,214$3,447$1,869$383
45 years$17,574$10,346$5,834$3,184$1,697$333
46 years$16,998$9,870$5,480$2,941$1,541$290
47 years$16,448$9,419$5,148$2,717$1,399$252
48 years$15,922$8,992$4,838$2,511$1,271$219
49 years$15,419$8,587$4,547$2,320$1,154$190
50 years$14,938$8,202$4,275$2,145$1,048$166

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $15,300,000, adding $6,725 every year, while hoping to spend $46,334 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: 67/17/16 Blend
29$15,300,000$15,300,000$15,300,000$15,300,000
30$16,867,537$16,056,637$15,819,487$17,932,699
31$18,538,727$16,794,113$16,300,141$19,382,213
32$20,378,825$17,566,173$16,795,343$20,960,526
33$22,405,011$18,374,461$17,305,534$22,685,179
34$24,636,216$19,220,704$17,831,163$24,570,531
35$27,093,300$20,106,708$18,372,696$26,632,383
36$29,799,248$21,034,368$18,930,613$28,888,124
37$32,779,389$22,005,670$19,505,407$31,356,891
38$36,061,635$23,022,696$20,097,586$34,059,746
39$39,676,740$24,087,626$20,707,673$37,019,874
40$43,658,595$25,202,748$21,336,208$40,262,795
41$48,044,547$26,370,457$21,983,746$43,816,601
42$52,875,748$27,593,267$22,650,859$47,712,221
43$58,197,548$28,873,811$23,338,136$51,983,705
44$64,059,917$30,214,847$24,046,184$56,668,542
45$70,517,925$31,619,271$24,775,627$61,808,010
46$77,632,252$33,090,114$25,527,109$67,447,559
47$85,469,768$34,630,555$26,301,293$73,637,239
48$94,104,159$36,243,928$27,098,862$80,432,164
49$103,616,628$37,933,725$27,920,518$87,893,026
50$114,096,654$39,703,607$28,766,985$96,086,667
51$125,642,844$41,557,415$29,639,010$105,086,697
52$138,363,857$43,499,172$30,537,361$114,974,192
53$152,379,435$45,533,096$31,462,827$125,838,443
54$167,821,530$47,663,610$32,416,224$137,777,800
55$184,835,550$49,895,350$33,398,391$150,900,588
56$203,581,730$52,233,177$34,410,191$165,326,127
57$224,236,649$54,682,185$35,452,515$181,185,847
58$246,994,891$57,247,716$36,526,279$198,624,521
59$272,070,887$59,935,371$37,632,426$217,801,628
60$299,700,933$62,751,020$38,771,928$238,892,843
61$330,145,427$65,700,818$39,945,786$262,091,690
62$363,691,321$68,791,219$41,155,030$287,611,361
63$400,654,835$72,028,988$42,400,723$315,686,714
64$441,384,438$75,421,219$43,683,957$346,576,485
65$486,264,139$78,975,347$45,005,858$380,565,715
66$535,717,112$82,699,169$46,367,585$417,968,433
67$590,209,690$86,600,861$47,770,332$459,130,607
68$650,255,769$90,688,993$49,215,328$504,433,399
69$716,421,654$94,972,552$50,703,839$554,296,748
70$789,331,414$99,460,958$52,237,169$609,183,323
71$869,672,765$104,164,091$53,816,660$669,602,877
72$958,203,563$109,092,308$55,443,695$736,117,042
73$1,055,758,965$114,256,469$57,119,697$809,344,620
74$1,163,259,304$119,667,961$58,846,132$889,967,404
75$1,281,718,786$125,338,724$60,624,509$978,736,601
76$1,412,255,056$131,281,275$62,456,384$1,076,479,903
77$1,556,099,755$137,508,741$64,343,357$1,184,109,287
78$1,714,610,147$144,034,886$66,287,076$1,302,629,601
79$1,889,281,927$150,874,141$68,289,238$1,433,148,032
80$2,081,763,348$158,041,638$70,351,592$1,576,884,539
81$2,293,870,775$165,553,244$72,475,936$1,735,183,345
82$2,527,605,838$173,425,597$74,664,124$1,909,525,608
83$2,785,174,326$181,676,143$76,918,064$2,101,543,376
84$3,069,007,009$190,323,176$79,239,721$2,313,034,973
85$3,381,782,589$199,385,878$81,631,118$2,545,981,947
86$3,726,452,991$208,884,363$84,094,338$2,802,567,754
87$4,106,271,224$218,839,724$86,631,526$3,085,198,339
88$4,524,822,097$229,274,079$89,244,890$3,396,524,818
89$4,986,056,062$240,210,621$91,936,705$3,739,468,482
90$5,494,326,509$251,673,669$94,709,313$4,117,248,337
91$6,054,430,862$263,688,728$97,565,124$4,533,411,462
92$6,671,655,874$276,282,540$100,506,621$4,991,866,457
93$7,351,827,540$289,483,151$103,536,359$5,496,920,312
94$8,101,366,093$303,319,970$106,656,971$6,053,319,023
95$8,927,346,621$317,823,834$109,871,165$6,666,292,358
96$9,837,565,859$333,027,086$113,181,733$7,341,603,189
97$10,840,615,802$348,963,638$116,591,546$8,085,601,852
98$11,945,964,813$365,669,055$120,103,562$8,905,286,051
99$13,164,047,018$383,180,633$123,720,825$9,808,366,874
100$14,506,360,813$401,537,483$127,446,472$10,803,341,541