Can I retire at age 30 with 15,700,000?

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 $15,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$1,296,491$1,284,943$1,273,676$1,262,678$1,251,940$1,212,836
2 years$641,827$629,874$618,289$607,057$596,162$557,113
3 years$423,635$411,630$400,074$388,947$378,230$340,462
4 years$314,560$302,591$291,151$280,215$269,757$233,558
5 years$249,132$237,235$225,945$215,232$205,065$170,534
6 years$205,527$193,720$182,598$172,122$162,261$129,427
7 years$174,394$162,686$151,739$141,511$131,961$100,822
8 years$151,054$139,452$128,687$118,710$109,475$80,009
9 years$132,910$121,418$110,838$101,115$92,194$64,370
10 years$118,404$107,024$96,631$87,162$78,553$52,330
11 years$106,543$95,277$85,073$75,857$67,559$42,888
12 years$96,666$85,516$75,500$66,537$58,545$35,376
13 years$88,315$77,281$67,454$58,742$51,052$29,329
14 years$81,163$70,247$60,608$52,145$44,752$24,417
15 years$74,970$64,171$54,721$46,504$39,403$20,396
16 years$69,557$58,876$49,612$41,639$34,825$17,085
17 years$64,785$54,223$45,145$37,412$30,878$14,344
18 years$60,549$50,104$41,212$33,716$27,455$12,066
19 years$56,763$46,436$37,727$30,465$24,472$10,165
20 years$53,359$43,151$34,624$27,592$21,858$8,575
21 years$50,284$40,193$31,848$25,042$19,561$7,242
22 years$47,492$37,519$29,353$22,769$17,533$6,122
23 years$44,947$35,091$27,102$20,736$15,739$5,179
24 years$42,617$32,878$25,065$18,912$14,147$4,385
25 years$40,477$30,854$23,215$17,272$12,730$3,714
26 years$38,505$28,998$21,531$15,792$11,467$3,147
27 years$36,682$27,290$19,993$14,455$10,338$2,668
28 years$34,992$25,716$18,586$13,244$9,328$2,262
29 years$33,421$24,260$17,296$12,145$8,423$1,919
30 years$31,958$22,911$16,111$11,146$7,611$1,628
31 years$30,592$21,658$15,019$10,237$6,881$1,382
32 years$29,314$20,493$14,013$9,408$6,224$1,173
33 years$28,116$19,407$13,084$8,651$5,633$996
34 years$26,991$18,394$12,225$7,960$5,100$845
35 years$25,933$17,446$11,430$7,328$4,619$718
36 years$24,935$16,559$10,692$6,749$4,185$610
37 years$23,994$15,727$10,008$6,218$3,793$518
38 years$23,104$14,946$9,372$5,731$3,439$440
39 years$22,262$14,213$8,780$5,284$3,119$373
40 years$21,464$13,522$8,230$4,874$2,829$317
41 years$20,707$12,872$7,717$4,497$2,566$269
42 years$19,988$12,259$7,239$4,150$2,329$229
43 years$19,305$11,680$6,793$3,831$2,113$194
44 years$18,654$11,133$6,376$3,537$1,918$165
45 years$18,034$10,617$5,987$3,267$1,741$140
46 years$17,442$10,128$5,623$3,018$1,581$119
47 years$16,878$9,665$5,283$2,788$1,436$101
48 years$16,338$9,227$4,964$2,576$1,304$86
49 years$15,822$8,811$4,666$2,381$1,184$73
50 years$15,329$8,417$4,387$2,201$1,076$62

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $15,700,000, adding $4,443 every year, while hoping to spend $54,710 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: 57/16/27 Blend
29$15,700,000$15,700,000$15,700,000$15,700,000
30$17,305,983$16,473,883$16,230,533$18,164,262
31$19,012,982$17,222,892$16,716,045$19,502,401
32$20,892,262$18,006,769$17,215,988$20,954,062
33$22,961,336$18,827,165$17,730,787$22,535,219
34$25,239,506$19,685,809$18,260,881$24,258,410
35$27,748,036$20,584,514$18,806,721$26,137,422
36$30,510,360$21,525,180$19,368,771$28,187,422
37$33,552,300$22,509,797$19,947,509$30,425,099
38$36,902,310$23,540,452$20,543,425$32,868,812
39$40,591,742$24,619,331$21,157,026$35,538,765
40$44,655,146$25,748,724$21,788,833$38,457,188
41$49,130,593$26,931,034$22,439,381$41,648,548
42$54,060,036$28,168,777$23,109,223$45,139,774
43$59,489,702$29,464,590$23,798,925$48,960,506
44$65,470,535$30,821,238$24,509,071$53,143,368
45$72,058,667$32,241,617$25,240,263$57,724,275
46$79,315,959$33,728,764$25,993,120$62,742,767
47$87,310,575$35,285,861$26,768,277$68,242,371
48$96,117,630$36,916,244$27,566,391$74,271,013
49$105,819,897$38,623,410$28,388,134$80,881,463
50$116,508,592$40,411,022$29,234,202$88,131,823
51$128,284,228$42,282,921$30,105,307$96,086,076
52$141,257,569$44,243,134$31,002,185$104,814,678
53$155,550,674$46,295,881$31,925,591$114,395,218
54$171,298,048$48,445,584$32,876,303$124,913,143
55$188,647,912$50,696,881$33,855,123$136,462,560
56$207,763,602$53,054,631$34,862,873$149,147,111
57$228,825,111$55,523,930$35,900,400$163,080,950
58$252,030,787$58,110,117$36,968,579$178,389,807
59$277,599,206$60,818,791$38,068,305$195,212,169
60$305,771,234$63,655,821$39,200,502$213,700,575
61$336,812,301$66,627,358$40,366,120$234,023,052
62$371,014,908$69,739,850$41,566,137$256,364,686
63$408,701,384$73,000,059$42,801,559$280,929,361
64$450,226,935$76,415,071$44,073,420$307,941,674
65$495,982,989$79,992,317$45,382,787$337,649,041
66$546,400,897$83,739,583$46,730,753$370,324,025
67$601,956,003$87,665,037$48,118,448$406,266,894
68$663,172,129$91,777,238$49,547,029$445,808,442
69$730,626,523$96,085,159$51,017,692$489,313,101
70$804,955,307$100,598,211$52,531,663$537,182,367
71$886,859,480$105,326,255$54,090,206$589,858,574
72$977,111,539$110,279,634$55,694,620$647,829,057
73$1,076,562,769$115,469,188$57,346,242$711,630,735
74$1,186,151,278$120,906,285$59,046,448$781,855,163
75$1,306,910,857$126,602,842$60,796,653$859,154,104
76$1,439,980,736$132,571,353$62,598,312$944,245,655
77$1,586,616,339$138,824,917$64,452,924$1,037,921,016
78$1,748,201,137$145,377,270$66,362,028$1,141,051,937
79$1,926,259,708$152,242,810$68,327,210$1,254,598,925
80$2,122,472,127$159,436,637$70,350,101$1,379,620,293
81$2,338,689,832$166,974,580$72,432,377$1,517,282,128
82$2,576,953,097$174,873,237$74,575,764$1,668,869,276
83$2,839,510,298$183,150,010$76,782,037$1,835,797,448
84$3,128,839,135$191,823,147$79,053,022$2,019,626,560
85$3,447,670,025$200,911,779$81,390,596$2,222,075,432
86$3,799,011,878$210,435,968$83,796,692$2,445,037,987
87$4,186,180,505$220,416,746$86,273,297$2,690,601,104
88$4,612,829,919$230,876,169$88,822,455$2,961,064,287
89$5,082,986,832$241,837,362$91,446,268$3,258,961,345
90$5,601,088,670$253,324,574$94,146,899$3,587,084,276
91$6,172,025,467$265,363,230$96,926,573$3,948,509,595
92$6,801,186,028$277,979,992$99,787,577$4,346,627,340
93$7,494,508,806$291,202,815$102,732,264$4,785,173,041
94$8,258,537,964$305,061,013$105,763,055$5,268,262,945
95$9,100,485,158$319,585,325$108,882,439$5,800,432,835
96$10,028,297,621$334,807,982$112,092,977$6,386,680,811
97$11,050,733,188$350,762,782$115,397,301$7,032,514,430
98$12,177,442,983$367,485,169$118,798,121$7,744,002,653
99$13,419,062,530$385,012,304$122,298,220$8,527,833,094
100$14,787,312,162$403,383,162$125,900,465$9,391,375,105