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%18.1%
1 years$1,279,976$1,268,574$1,257,451$1,246,593$1,235,992$1,195,470
2 years$633,651$621,850$610,413$599,324$588,568$548,129
3 years$418,238$406,386$394,978$383,993$373,411$334,326
4 years$310,552$298,737$287,443$276,645$266,320$228,887
5 years$245,958$234,213$223,067$212,490$202,452$166,771
6 years$202,909$191,253$180,271$169,930$160,194$126,294
7 years$172,172$160,614$149,806$139,709$130,280$98,157
8 years$149,130$137,676$127,048$117,198$108,080$77,711
9 years$131,217$119,871$109,426$99,827$91,019$62,368
10 years$116,896$105,661$95,400$86,052$77,553$50,575
11 years$105,186$94,064$83,989$74,891$66,698$41,343
12 years$95,434$84,426$74,538$65,689$57,799$34,011
13 years$87,190$76,297$66,595$57,994$50,402$28,121
14 years$80,129$69,352$59,836$51,480$44,182$23,346
15 years$74,015$63,354$54,024$45,911$38,901$19,447
16 years$68,671$58,126$48,980$41,109$34,381$16,243
17 years$63,960$53,532$44,570$36,936$30,485$13,597
18 years$59,778$49,466$40,687$33,287$27,106$11,403
19 years$56,040$45,845$37,247$30,077$24,160$9,578
20 years$52,680$42,601$34,183$27,241$21,580$8,056
21 years$49,644$39,681$31,442$24,723$19,312$6,782
22 years$46,887$37,041$28,979$22,479$17,310$5,715
23 years$44,374$34,644$26,757$20,472$15,539$4,820
24 years$42,074$32,459$24,745$18,671$13,966$4,067
25 years$39,961$30,461$22,919$17,052$12,568$3,434
26 years$38,014$28,628$21,256$15,591$11,320$2,901
27 years$36,214$26,943$19,738$14,271$10,206$2,451
28 years$34,546$25,388$18,349$13,075$9,209$2,072
29 years$32,996$23,951$17,076$11,990$8,316$1,752
30 years$31,551$22,619$15,905$11,004$7,514$1,481
31 years$30,203$21,382$14,828$10,106$6,793$1,253
32 years$28,941$20,232$13,835$9,288$6,145$1,060
33 years$27,758$19,160$12,918$8,541$5,561$897
34 years$26,647$18,159$12,070$7,859$5,035$759
35 years$25,602$17,224$11,284$7,234$4,560$642
36 years$24,618$16,348$10,556$6,663$4,132$544
37 years$23,688$15,527$9,880$6,139$3,745$460
38 years$22,810$14,756$9,252$5,658$3,395$389
39 years$21,979$14,031$8,669$5,217$3,079$330
40 years$21,191$13,350$8,125$4,812$2,793$279
41 years$20,444$12,708$7,619$4,440$2,534$236
42 years$19,734$12,102$7,147$4,097$2,299$200
43 years$19,059$11,531$6,706$3,782$2,086$169
44 years$18,416$10,992$6,295$3,492$1,894$143
45 years$17,804$10,482$5,911$3,225$1,719$121
46 years$17,220$9,999$5,551$2,979$1,561$103
47 years$16,663$9,542$5,216$2,752$1,417$87
48 years$16,130$9,109$4,901$2,543$1,287$74
49 years$15,621$8,699$4,607$2,351$1,169$62
50 years$15,133$8,309$4,331$2,173$1,062$53

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 $3,760 every year, while hoping to spend $35,150 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: 58/34/8 Blend
29$15,500,000$15,500,000$15,500,000$15,500,000
30$17,084,878$16,263,378$16,023,128$18,044,955
31$18,790,137$17,022,885$16,522,504$19,450,302
32$20,668,153$17,818,429$17,037,430$20,977,061
33$22,736,512$18,651,739$17,568,392$22,640,277
34$25,014,590$19,524,628$18,115,887$24,453,023
35$27,523,740$20,438,996$18,680,430$26,429,667
36$30,287,488$21,396,834$19,262,552$28,586,002
37$33,331,764$22,400,231$19,862,799$30,939,389
38$36,685,136$23,451,374$20,481,735$33,508,917
39$40,379,089$24,552,561$21,119,942$36,315,574
40$44,448,315$25,706,195$21,778,019$39,382,445
41$48,931,045$26,914,800$22,456,585$42,734,913
42$53,869,407$28,181,021$23,156,275$46,400,903
43$59,309,825$29,507,629$23,877,749$50,411,130
44$65,303,456$30,897,532$24,621,682$54,799,385
45$71,906,674$32,353,777$25,388,774$59,602,844
46$79,181,602$33,879,559$26,179,745$64,862,412
47$87,196,697$35,478,228$26,995,338$70,623,102
48$96,027,396$37,153,298$27,836,318$76,934,446
49$105,756,831$38,908,450$28,703,475$83,850,958
50$116,476,609$40,747,545$29,597,623$91,432,633
51$128,287,681$42,674,633$30,519,601$99,745,508
52$141,301,291$44,693,957$31,470,275$108,862,273
53$155,640,031$46,809,969$32,450,537$118,862,944
54$171,438,991$49,027,334$33,461,307$129,835,606
55$188,847,040$51,350,946$34,503,533$141,877,235
56$208,028,231$53,785,935$35,578,195$155,094,596
57$229,163,346$56,337,681$36,686,299$169,605,240
58$252,451,603$59,011,823$37,828,886$185,538,598
59$278,112,541$61,814,277$39,007,028$203,037,189
60$306,388,087$64,751,244$40,221,831$222,257,946
61$337,544,843$67,829,226$41,474,433$243,373,684
62$371,876,601$71,055,042$42,766,010$266,574,712
63$409,707,117$74,435,841$44,097,775$292,070,613
64$451,393,167$77,979,122$45,470,975$320,092,201
65$497,327,917$81,692,745$46,886,898$350,893,682
66$547,944,629$85,584,954$48,346,874$384,755,031
67$603,720,757$89,664,393$49,852,271$421,984,614
68$665,182,453$93,940,127$51,404,500$462,922,075
69$732,909,530$98,421,660$53,005,017$507,941,519
70$807,540,940$103,118,960$54,655,324$557,455,019
71$889,780,806$108,042,479$56,356,967$611,916,475
72$980,405,065$113,203,177$58,111,542$671,825,879
73$1,080,268,796$118,612,547$59,920,694$737,733,998
74$1,190,314,294$124,282,643$61,786,118$810,247,548
75$1,311,579,963$130,226,103$63,709,563$890,034,889
76$1,445,210,118$136,456,181$65,692,833$977,832,297
77$1,592,465,793$142,986,777$67,737,785$1,074,450,887
78$1,754,736,640$149,832,465$69,846,337$1,180,784,225
79$1,933,554,052$157,008,531$72,020,465$1,297,816,732
80$2,130,605,621$164,531,004$74,262,206$1,426,632,935
81$2,347,751,065$172,416,694$76,573,660$1,568,427,660
82$2,587,039,789$180,683,228$78,956,994$1,724,517,274
83$2,850,730,234$189,349,092$81,414,439$1,896,352,057
84$3,141,311,195$198,433,675$83,948,300$2,085,529,855
85$3,461,525,317$207,957,306$86,560,949$2,293,811,104
86$3,814,394,993$217,941,306$89,254,833$2,523,135,403
87$4,203,250,889$228,408,037$92,032,477$2,775,639,766
88$4,631,763,395$239,380,947$94,896,481$3,053,678,740
89$5,103,977,277$250,884,629$97,849,529$3,359,846,567
90$5,624,349,856$262,944,872$100,894,384$3,697,001,618
91$6,197,793,095$275,588,725$104,033,900$4,068,293,307
92$6,829,719,971$288,844,552$107,271,016$4,477,191,752
93$7,526,095,575$302,742,102$110,608,762$4,927,520,461
94$8,293,493,432$317,312,574$114,050,264$5,423,492,356
95$9,139,157,558$332,588,686$117,598,744$5,969,749,458
96$10,071,070,850$348,604,753$121,257,523$6,571,406,629
97$11,098,030,454$365,396,763$125,030,027$7,234,099,773
98$12,229,730,814$383,002,458$128,919,787$7,964,038,943
99$13,476,855,201$401,461,422$132,930,443$8,768,066,880
100$14,851,176,567$420,815,168$137,065,749$9,653,723,501