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%17.5%
1 years$1,296,491$1,284,943$1,273,676$1,262,678$1,251,940$1,213,809
2 years$641,827$629,874$618,289$607,057$596,162$558,073
3 years$423,635$411,630$400,074$388,947$378,230$341,377
4 years$314,560$302,591$291,151$280,215$269,757$234,423
5 years$249,132$237,235$225,945$215,232$205,065$171,346
6 years$205,527$193,720$182,598$172,122$162,261$130,186
7 years$174,394$162,686$151,739$141,511$131,961$101,529
8 years$151,054$139,452$128,687$118,710$109,475$80,665
9 years$132,910$121,418$110,838$101,115$92,194$64,976
10 years$118,404$107,024$96,631$87,162$78,553$52,889
11 years$106,543$95,277$85,073$75,857$67,559$43,403
12 years$96,666$85,516$75,500$66,537$58,545$35,848
13 years$88,315$77,281$67,454$58,742$51,052$29,761
14 years$81,163$70,247$60,608$52,145$44,752$24,810
15 years$74,970$64,171$54,721$46,504$39,403$20,754
16 years$69,557$58,876$49,612$41,639$34,825$17,410
17 years$64,785$54,223$45,145$37,412$30,878$14,638
18 years$60,549$50,104$41,212$33,716$27,455$12,331
19 years$56,763$46,436$37,727$30,465$24,472$10,405
20 years$53,359$43,151$34,624$27,592$21,858$8,791
21 years$50,284$40,193$31,848$25,042$19,561$7,436
22 years$47,492$37,519$29,353$22,769$17,533$6,296
23 years$44,947$35,091$27,102$20,736$15,739$5,334
24 years$42,617$32,878$25,065$18,912$14,147$4,523
25 years$40,477$30,854$23,215$17,272$12,730$3,837
26 years$38,505$28,998$21,531$15,792$11,467$3,257
27 years$36,682$27,290$19,993$14,455$10,338$2,766
28 years$34,992$25,716$18,586$13,244$9,328$2,349
29 years$33,421$24,260$17,296$12,145$8,423$1,996
30 years$31,958$22,911$16,111$11,146$7,611$1,696
31 years$30,592$21,658$15,019$10,237$6,881$1,442
32 years$29,314$20,493$14,013$9,408$6,224$1,226
33 years$28,116$19,407$13,084$8,651$5,633$1,042
34 years$26,991$18,394$12,225$7,960$5,100$887
35 years$25,933$17,446$11,430$7,328$4,619$754
36 years$24,935$16,559$10,692$6,749$4,185$641
37 years$23,994$15,727$10,008$6,218$3,793$546
38 years$23,104$14,946$9,372$5,731$3,439$464
39 years$22,262$14,213$8,780$5,284$3,119$395
40 years$21,464$13,522$8,230$4,874$2,829$336
41 years$20,707$12,872$7,717$4,497$2,566$286
42 years$19,988$12,259$7,239$4,150$2,329$243
43 years$19,305$11,680$6,793$3,831$2,113$207
44 years$18,654$11,133$6,376$3,537$1,918$176
45 years$18,034$10,617$5,987$3,267$1,741$150
46 years$17,442$10,128$5,623$3,018$1,581$128
47 years$16,878$9,665$5,283$2,788$1,436$109
48 years$16,338$9,227$4,964$2,576$1,304$92
49 years$15,822$8,811$4,666$2,381$1,184$79
50 years$15,329$8,417$4,387$2,201$1,076$67

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 $6,341 every year, while hoping to spend $26,357 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: 87/7/6 Blend
29$15,700,000$15,700,000$15,700,000$15,700,000
30$17,307,941$16,475,841$16,232,491$18,809,597
31$19,045,307$17,255,113$16,748,236$20,567,740
32$20,959,001$18,071,687$17,280,374$22,495,517
33$23,066,981$18,927,361$17,829,429$24,613,487
34$25,389,035$19,824,024$18,395,936$26,940,792
35$27,946,969$20,763,653$18,980,453$29,498,520
36$30,764,812$21,748,325$19,583,550$32,309,896
37$33,869,044$22,780,213$20,205,820$35,400,503
38$37,288,843$23,861,601$20,847,872$38,798,521
39$41,056,364$24,994,878$21,510,334$42,534,993
40$45,207,041$26,182,554$22,193,858$46,644,116
41$49,779,918$27,427,259$22,899,111$51,163,557
42$54,818,024$28,731,749$23,626,786$56,134,817
43$60,368,775$30,098,917$24,377,595$61,603,609
44$66,484,420$31,531,794$25,152,275$67,620,298
45$73,222,539$33,033,560$25,951,585$74,240,367
46$80,646,583$34,607,549$26,776,308$81,524,942
47$88,826,473$36,257,257$27,627,252$89,541,367
48$97,839,260$37,986,350$28,505,252$98,363,835
49$107,769,855$39,798,672$29,411,169$108,074,090
50$118,711,827$41,698,253$30,345,889$118,762,189
51$130,768,287$43,689,322$31,310,331$130,527,360
52$144,052,864$45,776,310$32,305,439$143,478,924
53$158,690,774$47,963,867$33,332,188$157,737,334
54$174,820,002$50,256,866$34,391,586$173,435,303
55$192,592,610$52,660,419$35,484,671$190,719,057
56$212,176,163$55,179,887$36,612,515$209,749,711
57$233,755,321$57,820,891$37,776,223$230,704,783
58$257,533,574$60,589,325$38,976,937$253,779,875
59$283,735,169$63,491,372$40,215,834$279,190,505
60$312,607,220$66,533,514$41,494,129$307,174,146
61$344,422,050$69,722,549$42,813,076$337,992,459
62$379,479,752$73,065,607$44,173,967$371,933,761
63$418,111,030$76,570,165$45,578,138$409,315,742
64$460,680,315$80,244,063$47,026,965$450,488,458
65$507,589,208$84,095,523$48,521,870$495,837,634
66$559,280,273$88,133,169$50,064,318$545,788,296
67$616,241,211$92,366,045$51,655,823$600,808,781
68$679,009,467$96,803,633$53,297,945$661,415,153
69$748,177,302$101,455,880$54,992,296$728,176,066
70$824,397,385$106,333,217$56,740,536$801,718,131
71$908,388,956$111,446,582$58,544,382$882,731,819
72$1,000,944,612$116,807,448$60,405,602$971,977,979
73$1,102,937,795$122,427,845$62,326,022$1,070,295,012
74$1,215,331,033$128,320,393$64,307,527$1,178,606,774
75$1,339,185,030$134,498,323$66,352,060$1,297,931,296
76$1,475,668,676$140,975,514$68,461,627$1,429,390,387
77$1,626,070,087$147,766,520$70,638,297$1,574,220,211
78$1,791,808,763$154,886,607$72,884,208$1,733,782,953
79$1,974,448,990$162,351,783$75,201,561$1,909,579,668
80$2,175,714,605$170,178,839$77,592,632$2,103,264,443
81$2,397,505,275$178,385,382$80,059,765$2,316,660,004
82$2,641,914,428$186,989,881$82,605,383$2,551,774,910
83$2,911,249,019$196,011,705$85,231,982$2,810,822,509
84$3,208,051,307$205,471,166$87,942,142$3,096,241,816
85$3,535,122,857$215,389,570$90,738,520$3,410,720,537
86$3,895,550,990$225,789,261$93,623,862$3,757,220,419
87$4,292,737,929$236,693,673$96,601,000$4,139,005,206
88$4,730,432,920$248,127,384$99,672,855$4,559,671,437
89$5,212,767,624$260,116,173$102,842,442$5,023,182,382
90$5,744,295,131$272,687,074$106,112,873$5,533,905,447
91$6,330,032,937$285,868,444$109,487,358$6,096,653,390
92$6,975,510,321$299,690,021$112,969,208$6,716,729,739
93$7,686,820,539$314,182,998$116,561,842$7,399,978,848
94$8,470,678,356$329,380,088$120,268,786$8,152,841,051
95$9,334,483,438$345,315,601$124,093,680$8,982,413,448
96$10,286,390,209$362,025,526$128,040,278$9,896,516,890
97$11,335,384,838$379,547,605$132,112,455$10,903,769,787
98$12,491,370,079$397,921,424$136,314,210$12,013,669,461
99$13,765,258,758$417,188,505$140,649,667$13,236,681,781
100$15,169,076,803$437,392,394$145,123,082$14,584,339,948