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%15.6%
1 years$1,296,491$1,284,943$1,273,676$1,262,678$1,251,940$1,223,165
2 years$641,827$629,874$618,289$607,057$596,162$567,331
3 years$423,635$411,630$400,074$388,947$378,230$350,243
4 years$314,560$302,591$291,151$280,215$269,757$242,829
5 years$249,132$237,235$225,945$215,232$205,065$179,273
6 years$205,527$193,720$182,598$172,122$162,261$137,631
7 years$174,394$162,686$151,739$141,511$131,961$108,497
8 years$151,054$139,452$128,687$118,710$109,475$87,167
9 years$132,910$121,418$110,838$101,115$92,194$71,026
10 years$118,404$107,024$96,631$87,162$78,553$58,502
11 years$106,543$95,277$85,073$75,857$67,559$48,597
12 years$96,666$85,516$75,500$66,537$58,545$40,642
13 years$88,315$77,281$67,454$58,742$51,052$34,175
14 years$81,163$70,247$60,608$52,145$44,752$28,866
15 years$74,970$64,171$54,721$46,504$39,403$24,471
16 years$69,557$58,876$49,612$41,639$34,825$20,808
17 years$64,785$54,223$45,145$37,412$30,878$17,739
18 years$60,549$50,104$41,212$33,716$27,455$15,155
19 years$56,763$46,436$37,727$30,465$24,472$12,971
20 years$53,359$43,151$34,624$27,592$21,858$11,119
21 years$50,284$40,193$31,848$25,042$19,561$9,543
22 years$47,492$37,519$29,353$22,769$17,533$8,200
23 years$44,947$35,091$27,102$20,736$15,739$7,052
24 years$42,617$32,878$25,065$18,912$14,147$6,070
25 years$40,477$30,854$23,215$17,272$12,730$5,229
26 years$38,505$28,998$21,531$15,792$11,467$4,507
27 years$36,682$27,290$19,993$14,455$10,338$3,886
28 years$34,992$25,716$18,586$13,244$9,328$3,352
29 years$33,421$24,260$17,296$12,145$8,423$2,893
30 years$31,958$22,911$16,111$11,146$7,611$2,498
31 years$30,592$21,658$15,019$10,237$6,881$2,157
32 years$29,314$20,493$14,013$9,408$6,224$1,863
33 years$28,116$19,407$13,084$8,651$5,633$1,609
34 years$26,991$18,394$12,225$7,960$5,100$1,391
35 years$25,933$17,446$11,430$7,328$4,619$1,202
36 years$24,935$16,559$10,692$6,749$4,185$1,039
37 years$23,994$15,727$10,008$6,218$3,793$898
38 years$23,104$14,946$9,372$5,731$3,439$776
39 years$22,262$14,213$8,780$5,284$3,119$671
40 years$21,464$13,522$8,230$4,874$2,829$580
41 years$20,707$12,872$7,717$4,497$2,566$502
42 years$19,988$12,259$7,239$4,150$2,329$434
43 years$19,305$11,680$6,793$3,831$2,113$375
44 years$18,654$11,133$6,376$3,537$1,918$324
45 years$18,034$10,617$5,987$3,267$1,741$281
46 years$17,442$10,128$5,623$3,018$1,581$243
47 years$16,878$9,665$5,283$2,788$1,436$210
48 years$16,338$9,227$4,964$2,576$1,304$182
49 years$15,822$8,811$4,666$2,381$1,184$157
50 years$15,329$8,417$4,387$2,201$1,076$136

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 $3,496 every year, while hoping to spend $53,626 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: 47/48/5 Blend
29$15,700,000$15,700,000$15,700,000$15,700,000
30$17,305,006$16,472,906$16,229,556$18,095,791
31$19,013,059$17,223,021$16,716,189$19,387,741
32$20,893,536$18,008,094$17,217,326$20,783,043
33$22,963,968$18,829,782$17,733,397$22,295,942
34$25,243,671$19,689,820$18,264,845$23,937,341
35$27,753,932$20,590,027$18,812,124$25,719,203
36$30,518,205$21,532,310$19,375,701$27,654,660
37$33,562,334$22,518,666$19,956,060$29,758,130
38$36,914,800$23,551,188$20,553,696$32,045,443
39$40,606,985$24,632,071$21,169,119$34,533,984
40$44,673,468$25,763,614$21,802,856$37,242,850
41$49,152,357$26,948,226$22,455,447$40,193,018
42$54,085,642$28,188,434$23,127,449$43,407,538
43$59,519,594$29,486,883$23,819,435$46,911,738
44$65,505,201$30,846,349$24,531,994$50,733,453
45$72,098,650$32,269,739$25,265,735$54,903,283
46$79,361,857$33,760,101$26,021,281$59,454,860
47$87,363,049$35,320,628$26,799,277$64,425,167
48$96,177,410$36,954,669$27,600,383$69,854,862
49$105,887,791$38,665,733$28,425,280$75,788,661
50$116,585,490$40,457,498$29,274,671$82,275,739
51$128,371,114$42,333,819$30,149,277$89,370,182
52$141,355,529$44,298,738$31,049,840$97,131,488
53$155,660,908$46,356,491$31,977,124$105,625,105
54$171,421,880$48,511,518$32,931,917$114,923,041
55$188,786,802$50,768,474$33,915,027$125,104,521
56$207,919,164$53,132,237$34,927,288$136,256,724
57$228,999,123$55,607,921$35,969,557$148,475,580
58$252,225,213$58,200,889$37,042,717$161,866,662
59$277,816,212$60,916,759$38,147,675$176,546,161
60$306,013,210$63,761,425$39,285,366$192,641,963
61$337,081,883$66,741,060$40,456,752$210,294,833
62$371,315,004$69,862,141$41,662,822$229,659,719
63$409,035,202$73,131,454$42,904,594$250,907,195
64$450,598,012$76,556,114$44,183,117$274,225,044
65$496,395,226$80,143,581$45,499,469$299,820,003
66$546,858,598$83,901,674$46,854,759$327,919,689
67$602,463,911$87,838,593$48,250,130$358,774,717
68$663,735,478$91,962,931$49,686,757$392,661,038
69$731,251,081$96,283,700$51,165,848$429,882,509
70$805,647,436$100,810,346$52,688,649$470,773,732
71$887,626,195$105,552,773$54,256,438$515,703,173
72$977,960,572$110,521,364$55,870,535$565,076,609
73$1,077,502,646$115,727,007$57,532,293$619,340,916
74$1,187,191,400$121,181,114$59,243,108$678,988,250
75$1,308,061,586$126,895,652$61,004,416$744,560,653
76$1,441,253,496$132,883,167$62,817,692$816,655,120
77$1,588,023,724$139,156,813$64,684,456$895,929,194
78$1,749,757,030$145,730,383$66,606,272$983,107,124
79$1,927,979,412$152,618,337$68,584,747$1,078,986,650
80$2,124,372,513$159,835,837$70,621,537$1,184,446,481
81$2,340,789,494$167,398,778$72,718,344$1,300,454,538
82$2,579,272,535$175,323,830$74,876,920$1,428,077,030
83$2,842,072,104$183,628,469$77,099,068$1,568,488,460
84$3,131,668,213$192,331,018$79,386,641$1,722,982,646
85$3,450,793,825$201,450,692$81,741,548$1,892,984,874
86$3,802,460,656$211,007,637$84,165,751$2,080,065,278
87$4,189,987,609$221,022,977$86,661,269$2,285,953,591
88$4,617,032,104$231,518,862$89,230,180$2,512,555,400
89$5,087,624,609$242,518,516$91,874,622$2,761,970,049
90$5,606,206,689$254,046,293$94,596,791$3,036,510,380
91$6,177,672,938$266,127,729$97,398,951$3,338,724,475
92$6,807,417,190$278,789,600$100,283,428$3,671,419,619
93$7,501,383,437$292,059,984$103,252,616$4,037,688,704
94$8,266,121,946$305,968,321$106,308,977$4,440,939,330
95$9,108,851,101$320,545,486$109,455,045$4,884,925,863
96$10,037,525,548$335,823,849$112,693,424$5,373,784,768
97$11,060,911,295$351,837,360$116,026,795$5,912,073,544
98$12,188,668,470$368,621,613$119,457,915$6,504,813,623
99$13,431,442,520$386,213,938$122,989,621$7,157,537,653
100$14,800,964,714$404,653,478$126,624,831$7,876,341,588