Can I retire at age 30 with 15,500,000?

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 $15,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$1,279,976$1,268,574$1,257,451$1,246,593$1,235,992$1,203,671
2 years$633,651$621,850$610,413$599,324$588,568$556,225
3 years$418,238$406,386$394,978$383,993$373,411$342,059
4 years$310,552$298,737$287,443$276,645$266,320$236,199
5 years$245,958$234,213$223,067$212,490$202,452$173,646
6 years$202,909$191,253$180,271$169,930$160,194$132,730
7 years$172,172$160,614$149,806$139,709$130,280$104,162
8 years$149,130$137,676$127,048$117,198$108,080$83,294
9 years$131,217$119,871$109,426$99,827$91,019$67,543
10 years$116,896$105,661$95,400$86,052$77,553$55,358
11 years$105,186$94,064$83,989$74,891$66,698$45,751
12 years$95,434$84,426$74,538$65,689$57,799$38,062
13 years$87,190$76,297$66,595$57,994$50,402$31,834
14 years$80,129$69,352$59,836$51,480$44,182$26,741
15 years$74,015$63,354$54,024$45,911$38,901$22,543
16 years$68,671$58,126$48,980$41,109$34,381$19,061
17 years$63,960$53,532$44,570$36,936$30,485$16,155
18 years$59,778$49,466$40,687$33,287$27,106$13,721
19 years$56,040$45,845$37,247$30,077$24,160$11,673
20 years$52,680$42,601$34,183$27,241$21,580$9,946
21 years$49,644$39,681$31,442$24,723$19,312$8,484
22 years$46,887$37,041$28,979$22,479$17,310$7,245
23 years$44,374$34,644$26,757$20,472$15,539$6,192
24 years$42,074$32,459$24,745$18,671$13,966$5,296
25 years$39,961$30,461$22,919$17,052$12,568$4,533
26 years$38,014$28,628$21,256$15,591$11,320$3,882
27 years$36,214$26,943$19,738$14,271$10,206$3,326
28 years$34,546$25,388$18,349$13,075$9,209$2,850
29 years$32,996$23,951$17,076$11,990$8,316$2,444
30 years$31,551$22,619$15,905$11,004$7,514$2,096
31 years$30,203$21,382$14,828$10,106$6,793$1,798
32 years$28,941$20,232$13,835$9,288$6,145$1,543
33 years$27,758$19,160$12,918$8,541$5,561$1,324
34 years$26,647$18,159$12,070$7,859$5,035$1,136
35 years$25,602$17,224$11,284$7,234$4,560$975
36 years$24,618$16,348$10,556$6,663$4,132$837
37 years$23,688$15,527$9,880$6,139$3,745$719
38 years$22,810$14,756$9,252$5,658$3,395$617
39 years$21,979$14,031$8,669$5,217$3,079$530
40 years$21,191$13,350$8,125$4,812$2,793$455
41 years$20,444$12,708$7,619$4,440$2,534$391
42 years$19,734$12,102$7,147$4,097$2,299$336
43 years$19,059$11,531$6,706$3,782$2,086$288
44 years$18,416$10,992$6,295$3,492$1,894$248
45 years$17,804$10,482$5,911$3,225$1,719$213
46 years$17,220$9,999$5,551$2,979$1,561$183
47 years$16,663$9,542$5,216$2,752$1,417$157
48 years$16,130$9,109$4,901$2,543$1,287$135
49 years$15,621$8,699$4,607$2,351$1,169$116
50 years$15,133$8,309$4,331$2,173$1,062$100

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $15,500,000, adding $3,292 every year, while hoping to spend $28,317 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: 66/27/7 Blend
29$15,500,000$15,500,000$15,500,000$15,500,000
30$17,084,396$16,262,896$16,022,646$18,190,839
31$18,796,875$17,029,649$16,529,275$19,692,958
32$20,683,078$17,833,023$17,051,928$21,330,261
33$22,760,695$18,674,784$17,591,110$23,118,854
34$25,049,219$19,556,782$18,147,346$25,073,476
35$27,570,131$20,480,956$18,721,173$27,210,339
36$30,347,101$21,449,339$19,313,150$29,547,276
37$33,406,214$22,464,066$19,923,849$32,103,904
38$36,776,214$23,527,371$20,553,864$34,901,805
39$40,488,774$24,641,598$21,203,804$37,964,725
40$44,578,799$25,809,207$21,874,302$41,318,792
41$49,084,752$27,032,773$22,566,007$44,992,758
42$54,049,018$28,315,001$23,279,589$49,018,265
43$59,518,305$29,658,722$24,015,742$53,430,136
44$65,544,081$31,066,909$24,775,179$58,266,700
45$72,183,067$32,542,677$25,558,636$63,570,145
46$79,497,763$34,089,292$26,366,874$69,386,912
47$87,557,048$35,710,180$27,200,677$75,768,122
48$96,436,821$37,408,932$28,060,854$82,770,054
49$106,220,722$39,189,316$28,948,239$90,454,671
50$117,000,923$41,055,280$29,863,692$98,890,189
51$128,878,994$43,010,965$30,808,102$108,151,722
52$141,966,863$45,060,714$31,782,385$118,321,972
53$156,387,875$47,209,081$32,787,487$129,492,009
54$172,277,951$49,460,839$33,824,381$141,762,115
55$189,786,879$51,820,997$34,894,075$155,242,724
56$209,079,720$54,294,805$35,997,605$170,055,450
57$230,338,370$56,887,769$37,136,044$186,334,227
58$253,763,276$59,605,662$38,310,494$204,226,561
59$279,575,331$62,454,540$39,522,095$223,894,907
60$308,017,953$65,440,751$40,772,024$245,518,193
61$339,359,389$68,570,953$42,061,492$269,293,493
62$373,895,246$71,852,129$43,391,751$295,437,877
63$411,951,278$75,291,600$44,764,091$324,190,439
64$453,886,465$78,897,044$46,179,845$355,814,544
65$500,096,399$82,676,515$47,640,385$390,600,295
66$551,017,023$86,638,455$49,147,129$428,867,255
67$607,128,740$90,791,720$50,701,538$470,967,445
68$668,960,954$95,145,597$52,305,122$517,288,650
69$737,097,063$99,709,823$53,959,436$568,258,061
70$812,179,972$104,494,613$55,666,085$624,346,281
71$894,918,156$109,510,676$57,426,726$686,071,754
72$986,092,354$114,769,245$59,243,067$754,005,631
73$1,086,562,935$120,282,098$61,116,871$828,777,141
74$1,197,278,023$126,061,591$63,049,955$911,079,503
75$1,319,282,450$132,120,676$65,044,197$1,001,676,449
76$1,453,727,613$138,472,943$67,101,530$1,101,409,403
77$1,601,882,350$145,132,638$69,223,953$1,211,205,397
78$1,765,144,919$152,114,706$71,413,524$1,332,085,791
79$1,945,056,192$159,434,818$73,672,368$1,465,175,888
80$2,143,314,210$167,109,410$76,002,679$1,611,715,519
81$2,361,790,207$175,155,719$78,406,717$1,773,070,717
82$2,602,546,281$183,591,823$80,886,815$1,950,746,576
83$2,867,854,860$192,436,680$83,445,381$2,146,401,423
84$3,160,220,153$201,710,174$86,084,898$2,361,862,429
85$3,482,401,794$211,433,158$88,807,928$2,599,142,826
86$3,837,440,897$221,627,503$91,617,114$2,860,460,862
87$4,228,688,764$232,316,146$94,515,182$3,148,260,698
88$4,659,838,523$243,523,142$97,504,946$3,465,235,440
89$5,134,959,998$255,273,722$100,589,307$3,814,352,507
90$5,658,538,128$267,594,345$103,771,260$4,198,881,596
91$6,235,515,313$280,512,764$107,053,893$4,622,425,498
92$6,871,338,069$294,058,083$110,440,392$5,088,954,048
93$7,572,008,452$308,260,829$113,934,045$5,602,841,545
94$8,344,140,721$323,153,017$117,538,243$6,168,907,986
95$9,195,023,786$338,768,226$121,256,486$6,792,464,503
96$10,132,690,016$355,141,673$125,092,381$7,479,363,437
97$11,165,991,076$372,310,293$129,049,654$8,236,053,512
98$12,304,681,494$390,312,826$133,132,147$9,069,640,642
99$13,559,510,754$409,189,903$137,343,821$9,987,954,935
100$14,942,324,779$428,984,135$141,688,767$10,999,624,536