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%12.1%
1 years$1,279,976$1,268,574$1,257,451$1,246,593$1,235,992$1,225,124
2 years$633,651$621,850$610,413$599,324$588,568$577,616
3 years$418,238$406,386$394,978$383,993$373,411$362,716
4 years$310,552$298,737$287,443$276,645$266,320$255,963
5 years$245,958$234,213$223,067$212,490$202,452$192,464
6 years$202,909$191,253$180,271$169,930$160,194$150,586
7 years$172,172$160,614$149,806$139,709$130,280$121,058
8 years$149,130$137,676$127,048$117,198$108,080$99,243
9 years$131,217$119,871$109,426$99,827$91,019$82,565
10 years$116,896$105,661$95,400$86,052$77,553$69,476
11 years$105,186$94,064$83,989$74,891$66,698$58,992
12 years$95,434$84,426$74,538$65,689$57,799$50,457
13 years$87,190$76,297$66,595$57,994$50,402$43,416
14 years$80,129$69,352$59,836$51,480$44,182$37,543
15 years$74,015$63,354$54,024$45,911$38,901$32,599
16 years$68,671$58,126$48,980$41,109$34,381$28,406
17 years$63,960$53,532$44,570$36,936$30,485$24,827
18 years$59,778$49,466$40,687$33,287$27,106$21,754
19 years$56,040$45,845$37,247$30,077$24,160$19,103
20 years$52,680$42,601$34,183$27,241$21,580$16,807
21 years$49,644$39,681$31,442$24,723$19,312$14,812
22 years$46,887$37,041$28,979$22,479$17,310$13,072
23 years$44,374$34,644$26,757$20,472$15,539$11,551
24 years$42,074$32,459$24,745$18,671$13,966$10,218
25 years$39,961$30,461$22,919$17,052$12,568$9,048
26 years$38,014$28,628$21,256$15,591$11,320$8,019
27 years$36,214$26,943$19,738$14,271$10,206$7,112
28 years$34,546$25,388$18,349$13,075$9,209$6,311
29 years$32,996$23,951$17,076$11,990$8,316$5,604
30 years$31,551$22,619$15,905$11,004$7,514$4,979
31 years$30,203$21,382$14,828$10,106$6,793$4,426
32 years$28,941$20,232$13,835$9,288$6,145$3,935
33 years$27,758$19,160$12,918$8,541$5,561$3,500
34 years$26,647$18,159$12,070$7,859$5,035$3,115
35 years$25,602$17,224$11,284$7,234$4,560$2,772
36 years$24,618$16,348$10,556$6,663$4,132$2,468
37 years$23,688$15,527$9,880$6,139$3,745$2,198
38 years$22,810$14,756$9,252$5,658$3,395$1,957
39 years$21,979$14,031$8,669$5,217$3,079$1,744
40 years$21,191$13,350$8,125$4,812$2,793$1,553
41 years$20,444$12,708$7,619$4,440$2,534$1,384
42 years$19,734$12,102$7,147$4,097$2,299$1,233
43 years$19,059$11,531$6,706$3,782$2,086$1,099
44 years$18,416$10,992$6,295$3,492$1,894$980
45 years$17,804$10,482$5,911$3,225$1,719$874
46 years$17,220$9,999$5,551$2,979$1,561$779
47 years$16,663$9,542$5,216$2,752$1,417$694
48 years$16,130$9,109$4,901$2,543$1,287$619
49 years$15,621$8,699$4,607$2,351$1,169$552
50 years$15,133$8,309$4,331$2,173$1,062$492

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 $6,963 every year, while hoping to spend $27,155 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: 42/46/12 Blend
29$15,500,000$15,500,000$15,500,000$15,500,000
30$17,088,182$16,266,682$16,026,432$17,745,519
31$18,802,284$17,034,857$16,534,425$18,975,054
32$20,690,314$17,839,762$17,058,526$20,302,371
33$22,769,985$18,683,169$17,599,245$21,739,028
34$25,060,813$19,566,934$18,157,109$23,295,021
35$27,584,307$20,493,005$18,732,664$24,981,310
36$30,364,168$21,463,423$19,326,469$26,809,922
37$33,426,511$22,480,329$19,939,103$28,794,047
38$36,800,117$23,545,967$20,571,165$30,948,164
39$40,516,699$24,662,690$21,223,270$33,288,164
40$44,611,207$25,832,967$21,896,054$35,831,490
41$49,122,152$27,059,384$22,590,173$38,597,299
42$54,091,972$28,344,654$23,306,305$41,606,626
43$59,567,433$29,691,622$24,045,146$44,882,574
44$65,600,071$31,103,271$24,807,418$48,450,526
45$72,246,676$32,582,729$25,593,864$52,338,368
46$79,569,830$34,133,276$26,405,252$56,576,743
47$87,638,496$35,758,349$27,242,371$61,199,328
48$96,528,671$37,461,557$28,106,039$66,243,138
49$106,324,102$39,246,680$28,997,098$71,748,865
50$117,117,077$41,117,684$29,916,417$77,761,243
51$129,009,294$43,078,725$30,864,892$84,329,462
52$142,112,825$45,134,166$31,843,449$91,507,611
53$156,551,170$47,288,578$32,853,042$99,355,175
54$172,460,427$49,546,755$33,894,656$107,937,582
55$189,990,570$51,913,725$34,969,306$117,326,799
56$209,306,872$54,394,762$36,078,042$127,601,993
57$230,591,460$56,995,392$37,221,944$138,850,264
58$254,045,038$59,721,416$38,402,128$151,167,442
59$279,888,778$62,578,911$39,619,745$164,658,969
60$308,366,411$65,574,256$40,875,984$179,440,879
61$339,746,525$68,714,134$42,172,070$195,640,864
62$374,325,103$72,005,560$43,509,267$213,399,457
63$412,428,316$75,455,884$44,888,880$232,871,333
64$454,415,601$79,072,819$46,312,254$254,226,741
65$500,683,057$82,864,452$47,780,779$277,653,086
66$551,667,180$86,839,262$49,295,887$303,356,668
67$607,848,989$91,006,142$50,859,056$331,564,594
68$669,758,564$95,374,421$52,471,811$362,526,898
69$737,980,047$99,953,877$54,135,727$396,518,858
70$813,157,165$104,754,770$55,852,427$433,843,568
71$895,999,297$109,787,855$57,623,585$474,834,756
72$987,288,180$115,064,415$59,450,930$519,859,900
73$1,087,885,284$120,596,281$61,336,245$569,323,652
74$1,198,739,944$126,395,859$63,281,370$623,671,618
75$1,320,898,325$132,476,164$65,288,203$683,394,521
76$1,455,513,300$138,850,841$67,358,703$749,032,782
77$1,603,855,326$145,534,202$69,494,890$821,181,580
78$1,767,324,450$152,541,258$71,698,849$900,496,412
79$1,947,463,514$159,887,750$73,972,730$987,699,231
80$2,145,972,729$167,590,187$76,318,754$1,083,585,204
81$2,364,725,725$175,665,883$78,739,209$1,189,030,160
82$2,605,787,235$184,132,997$81,236,459$1,304,998,797
83$2,871,432,593$193,010,574$83,812,940$1,432,553,723
84$3,164,169,211$202,318,587$86,471,168$1,572,865,419
85$3,486,760,256$212,077,982$89,213,737$1,727,223,217
86$3,842,250,729$222,310,731$92,043,324$1,897,047,400
87$4,233,996,220$233,039,873$94,962,692$2,083,902,531
88$4,665,694,582$244,289,574$97,974,690$2,289,512,139
89$5,141,420,846$256,085,180$101,082,259$2,515,774,905
90$5,665,665,689$268,453,270$104,288,431$2,764,782,497
91$6,243,377,833$281,421,725$107,596,338$3,038,839,225
92$6,880,010,765$295,019,782$111,009,208$3,340,483,688
93$7,581,574,221$309,278,109$114,530,374$3,672,512,644
94$8,354,690,923$324,228,868$118,163,273$4,038,007,302
95$9,206,659,107$339,905,792$121,911,452$4,440,362,294
96$10,145,521,421$356,344,262$125,778,572$4,883,317,607
97$11,180,140,859$373,581,383$129,768,407$5,370,993,762
98$12,320,284,431$391,656,076$133,884,853$5,907,930,586
99$13,576,715,378$410,609,158$138,131,930$6,499,129,933
100$14,961,294,782$430,483,443$142,513,786$7,150,102,759