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%18.9%
1 years$1,263,460$1,252,205$1,241,225$1,230,508$1,220,043$1,176,287
2 years$625,475$613,826$602,537$591,591$580,973$537,363
3 years$412,841$401,142$389,881$379,038$368,593$326,500
4 years$306,545$294,882$283,734$273,075$262,884$222,628
5 years$242,784$231,191$220,189$209,748$199,840$161,528
6 years$200,291$188,785$177,945$167,737$158,127$121,787
7 years$169,950$158,541$147,873$137,906$128,599$94,223
8 years$147,205$135,899$125,408$115,686$106,686$74,244
9 years$129,524$118,325$108,014$98,539$89,845$59,295
10 years$115,387$104,297$94,169$84,941$76,552$47,841
11 years$103,829$92,850$82,905$73,924$65,837$38,906
12 years$94,203$83,337$73,576$64,842$57,053$31,836
13 years$86,065$75,312$65,735$57,245$49,752$26,179
14 years$79,095$68,457$59,064$50,816$43,612$21,613
15 years$73,060$62,537$53,326$45,319$38,399$17,901
16 years$67,785$57,376$48,348$40,578$33,937$14,865
17 years$63,135$52,841$43,995$36,459$30,091$12,371
18 years$59,006$48,828$40,162$32,857$26,756$10,313
19 years$55,316$45,253$36,766$29,689$23,848$8,610
20 years$52,000$42,051$33,742$26,889$21,302$7,197
21 years$49,003$39,169$31,036$24,404$19,062$6,022
22 years$46,282$36,563$28,605$22,189$17,087$5,043
23 years$43,802$34,197$26,411$20,208$15,338$4,226
24 years$41,531$32,040$24,426$18,431$13,786$3,544
25 years$39,446$30,068$22,623$16,832$12,405$2,973
26 years$37,524$28,259$20,982$15,390$11,174$2,495
27 years$35,747$26,595$19,484$14,087$10,075$2,095
28 years$34,100$25,060$18,113$12,907$9,091$1,759
29 years$32,570$23,642$16,855$11,836$8,209$1,478
30 years$31,144$22,327$15,700$10,862$7,417$1,241
31 years$29,813$21,106$14,637$9,976$6,706$1,043
32 years$28,568$19,971$13,656$9,168$6,066$877
33 years$27,400$18,913$12,751$8,431$5,489$737
34 years$26,304$17,925$11,914$7,757$4,970$619
35 years$25,272$17,002$11,139$7,141$4,502$521
36 years$24,300$16,137$10,420$6,577$4,079$438
37 years$23,383$15,326$9,753$6,060$3,697$368
38 years$22,516$14,566$9,133$5,585$3,351$310
39 years$21,695$13,850$8,557$5,150$3,039$260
40 years$20,918$13,178$8,020$4,750$2,757$219
41 years$20,180$12,544$7,520$4,382$2,501$184
42 years$19,479$11,946$7,054$4,044$2,269$155
43 years$18,813$11,382$6,620$3,734$2,059$130
44 years$18,179$10,850$6,214$3,447$1,869$109
45 years$17,574$10,346$5,834$3,184$1,697$92
46 years$16,998$9,870$5,480$2,941$1,541$77
47 years$16,448$9,419$5,148$2,717$1,399$65
48 years$15,922$8,992$4,838$2,511$1,271$55
49 years$15,419$8,587$4,547$2,320$1,154$46
50 years$14,938$8,202$4,275$2,145$1,048$39

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 $5,459 every year, while hoping to spend $54,138 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: 69/8/23 Blend
29$15,300,000$15,300,000$15,300,000$15,300,000
30$16,866,231$16,055,331$15,818,181$17,931,707
31$18,528,984$16,784,440$16,290,488$19,374,673
32$20,359,524$17,547,460$16,776,802$20,946,360
33$22,374,906$18,345,997$17,277,536$22,665,010
34$24,593,928$19,181,732$17,793,115$24,545,158
35$27,037,298$20,056,427$18,323,974$26,602,804
36$29,727,838$20,971,927$18,870,562$28,855,560
37$32,690,694$21,930,168$19,433,342$31,322,822
38$35,953,575$22,933,177$20,012,790$34,025,941
39$39,547,017$23,983,079$20,609,395$36,988,431
40$43,504,663$25,082,101$21,223,661$40,236,181
41$47,863,591$26,232,576$21,856,106$43,797,702
42$52,664,656$27,436,951$22,507,264$47,704,393
43$57,952,877$28,697,787$23,177,683$51,990,831
44$63,777,863$30,017,772$23,867,929$56,695,099
45$70,194,283$31,399,721$24,578,582$61,859,138
46$77,262,377$32,846,584$25,310,242$67,529,144
47$85,048,527$34,361,454$26,063,522$73,756,001
48$93,625,884$35,947,573$26,839,058$80,595,751
49$103,075,057$37,608,337$27,637,499$88,110,131
50$113,484,875$39,347,307$28,459,517$96,367,140
51$124,953,224$41,168,217$29,305,802$105,441,688
52$137,587,970$43,074,977$30,177,064$115,416,292
53$151,507,980$45,071,687$31,074,033$126,381,852
54$166,844,241$47,162,647$31,997,460$138,438,509
55$183,741,098$49,352,361$32,948,119$151,696,582
56$202,357,614$51,645,552$33,926,806$166,277,606
57$222,869,076$54,047,169$34,934,339$182,315,473
58$245,468,643$56,562,401$35,971,560$199,957,696
59$270,369,173$59,196,687$37,039,336$219,366,790
60$297,805,233$61,955,730$38,138,559$240,721,806
61$328,035,312$64,845,505$39,270,145$264,220,012
62$361,344,257$67,872,279$40,435,039$290,078,754
63$398,045,970$71,042,619$41,634,211$318,537,495
64$438,486,362$74,363,410$42,868,660$349,860,077
65$483,046,624$77,841,871$44,139,413$384,337,201
66$532,146,825$81,485,568$45,447,529$422,289,163
67$586,249,874$85,302,433$46,794,094$464,068,877
68$645,865,893$89,300,783$48,180,227$510,065,191
69$711,557,028$93,489,337$49,607,080$560,706,559
70$783,942,764$97,877,233$51,075,835$616,465,071
71$863,705,762$102,474,053$52,587,712$677,860,904
72$951,598,313$107,289,845$54,143,963$745,467,226
73$1,048,449,432$112,335,139$55,745,877$819,915,595
74$1,155,172,690$117,620,977$57,394,781$901,901,914
75$1,272,774,836$123,158,936$59,092,037$992,192,990
76$1,402,365,298$128,961,152$60,839,049$1,091,633,763
77$1,545,166,661$135,040,351$62,637,260$1,201,155,274
78$1,702,526,206$141,409,875$64,488,154$1,321,783,442
79$1,875,928,630$148,083,710$66,393,258$1,454,648,738
80$2,067,010,061$155,076,522$68,354,143$1,600,996,845
81$2,277,573,505$162,403,689$70,372,424$1,762,200,407
82$2,509,605,865$170,081,332$72,449,762$1,939,771,976
83$2,765,296,701$178,126,355$74,587,868$2,135,378,274
84$3,047,058,900$186,556,482$76,788,497$2,350,855,919
85$3,357,551,454$195,390,297$79,053,458$2,588,228,744
86$3,699,704,565$204,647,283$81,384,611$2,849,726,893
87$4,076,747,302$214,347,872$83,783,867$3,137,807,857
88$4,492,238,095$224,513,485$86,253,194$3,455,179,661
89$4,950,098,319$235,166,584$88,794,615$3,804,826,406
90$5,454,649,322$246,330,721$91,410,209$4,190,036,431
91$6,010,653,218$258,030,592$94,102,116$4,614,433,334
92$6,623,357,845$270,292,090$96,872,536$5,082,010,163
93$7,298,546,312$283,142,369$99,723,733$5,597,167,095
94$8,042,591,590$296,609,900$102,658,032$6,164,752,955
95$8,862,516,684$310,724,536$105,677,828$6,790,110,968
96$9,766,060,931$325,517,584$108,785,580$7,479,129,186
97$10,761,753,069$341,021,868$111,983,820$8,238,296,048
98$11,858,991,753$357,271,811$115,275,149$9,074,761,612
99$13,068,134,289$374,303,507$118,662,244$9,996,405,032
100$14,400,594,414$392,154,806$122,147,856$11,011,908,915