Can I retire at age 30 with 15,800,000?

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 $15,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$1,304,749$1,293,127$1,281,788$1,270,721$1,259,914$1,241,086
2 years$645,915$633,886$622,227$610,924$599,959$581,033
3 years$426,333$414,251$402,622$391,425$380,639$362,203
4 years$316,563$304,519$293,006$281,999$271,475$253,671
5 years$250,719$238,746$227,385$216,603$206,371$189,251
6 years$206,836$194,954$183,761$173,219$163,294$146,878
7 years$175,504$163,722$152,706$142,413$132,802$117,096
8 years$152,016$140,340$129,507$119,467$110,172$95,173
9 years$133,757$122,191$111,544$101,759$92,781$78,481
10 years$119,158$107,706$97,247$87,717$79,054$65,442
11 years$107,222$95,884$85,614$76,340$67,989$55,052
12 years$97,282$86,060$75,981$66,961$58,918$46,640
13 years$88,877$77,773$67,884$59,116$51,377$39,742
14 years$81,680$70,694$60,994$52,477$45,037$34,025
15 years$75,448$64,580$55,069$46,800$39,654$29,246
16 years$70,000$59,251$49,928$41,904$35,047$25,221
17 years$65,198$54,568$45,433$37,651$31,075$21,812
18 years$60,935$50,423$41,474$33,931$27,630$18,908
19 years$57,124$46,732$37,968$30,659$24,627$16,424
20 years$53,699$43,425$34,845$27,768$21,998$14,291
21 years$50,604$40,449$32,051$25,201$19,685$12,454
22 years$47,795$37,758$29,540$22,914$17,645$10,867
23 years$45,233$35,314$27,275$20,868$15,839$9,493
24 years$42,889$33,087$25,224$19,033$14,237$8,301
25 years$40,735$31,051$23,363$17,382$12,811$7,264
26 years$38,750$29,182$21,668$15,893$11,540$6,362
27 years$36,915$27,464$20,120$14,547$10,404$5,575
28 years$35,215$25,879$18,705$13,328$9,388$4,888
29 years$33,634$24,414$17,406$12,222$8,477$4,288
30 years$32,162$23,057$16,213$11,217$7,659$3,763
31 years$30,787$21,796$15,115$10,302$6,925$3,304
32 years$29,501$20,624$14,103$9,468$6,264$2,902
33 years$28,295$19,531$13,168$8,707$5,669$2,549
34 years$27,163$18,511$12,303$8,011$5,133$2,240
35 years$26,098$17,557$11,503$7,374$4,649$1,968
36 years$25,094$16,664$10,760$6,792$4,212$1,730
37 years$24,147$15,827$10,072$6,258$3,817$1,521
38 years$23,251$15,042$9,432$5,768$3,461$1,338
39 years$22,404$14,303$8,836$5,318$3,138$1,177
40 years$21,601$13,608$8,282$4,905$2,847$1,035
41 years$20,839$12,954$7,766$4,526$2,583$910
42 years$20,116$12,337$7,285$4,177$2,343$801
43 years$19,428$11,754$6,836$3,856$2,127$705
44 years$18,773$11,204$6,417$3,560$1,930$620
45 years$18,149$10,684$6,025$3,288$1,753$545
46 years$17,553$10,192$5,659$3,037$1,591$480
47 years$16,985$9,727$5,316$2,806$1,445$422
48 years$16,442$9,285$4,996$2,593$1,312$372
49 years$15,923$8,867$4,696$2,396$1,192$327
50 years$15,426$8,470$4,415$2,215$1,082$288

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $15,800,000, adding $6,782 every year, while hoping to spend $46,071 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: 87/8/5 Blend
29$15,800,000$15,800,000$15,800,000$15,800,000
30$17,418,596$16,581,196$16,336,296$18,934,916
31$19,146,273$17,344,655$16,834,542$20,686,411
32$21,048,630$18,143,980$17,347,936$22,604,031
33$23,143,434$18,980,879$17,876,936$24,710,122
34$25,450,265$19,857,143$18,422,014$27,023,632
35$27,990,699$20,774,649$18,983,658$29,565,427
36$30,788,508$21,735,365$19,562,369$32,358,492
37$33,869,891$22,741,354$20,158,664$35,428,143
38$37,263,716$23,794,775$20,773,074$38,802,266
39$41,001,791$24,897,896$21,406,149$42,511,578
40$45,119,172$26,053,091$22,058,453$46,589,914
41$49,654,484$27,262,849$22,730,568$51,074,546
42$54,650,293$28,529,780$23,423,093$56,006,533
43$60,153,502$29,856,618$24,136,646$61,431,106
44$66,215,798$31,246,231$24,871,862$67,398,092
45$72,894,137$32,701,624$25,629,398$73,962,383
46$80,251,283$34,225,948$26,409,927$81,184,453
47$88,356,400$35,822,505$27,214,145$89,130,926
48$97,285,702$37,494,757$28,042,768$97,875,199
49$107,123,177$39,246,334$28,896,534$107,498,137
50$117,961,376$41,081,039$29,776,203$118,088,831
51$129,902,287$43,002,861$30,682,557$129,745,438
52$143,058,300$45,015,981$31,616,402$142,576,103
53$157,553,266$47,124,783$32,578,570$156,699,976
54$173,523,662$49,333,861$33,569,916$172,248,336
55$191,119,888$51,648,032$34,591,320$189,365,825
56$210,507,679$54,072,348$35,643,692$208,211,812
57$231,869,671$56,612,102$36,727,964$228,961,891
58$255,407,128$59,272,845$37,845,102$251,809,536
59$281,341,838$62,060,398$38,996,096$276,967,926
60$309,918,210$64,980,861$40,181,969$304,671,949
61$341,405,575$68,040,632$41,403,773$335,180,416
62$376,100,737$71,246,416$42,662,592$368,778,503
63$414,330,766$74,605,244$43,959,543$405,780,436
64$456,456,093$78,124,490$45,295,777$446,532,449
65$502,873,906$81,811,881$46,672,477$491,416,056
66$554,021,904$85,675,523$48,090,864$540,851,637
67$610,382,425$89,723,911$49,552,195$595,302,410
68$672,487,004$93,965,954$51,057,765$655,278,791
69$740,921,385$98,410,992$52,608,907$721,343,211
70$816,331,056$103,068,820$54,206,995$794,115,418
71$899,427,337$107,949,706$55,853,443$874,278,319
72$990,994,099$113,064,416$57,549,708$962,584,422
73$1,091,895,165$118,424,240$59,297,290$1,059,862,932
74$1,203,082,459$124,041,015$61,097,737$1,167,027,572
75$1,325,604,998$129,927,152$62,952,639$1,285,085,200
76$1,460,618,791$136,095,666$64,863,636$1,415,145,307
77$1,609,397,757$142,560,203$66,832,417$1,558,430,482
78$1,773,345,747$149,335,072$68,860,721$1,716,287,944
79$1,954,009,798$156,435,276$70,950,341$1,890,202,252
80$2,153,094,741$163,876,547$73,103,120$2,081,809,312
81$2,372,479,290$171,675,383$75,320,960$2,292,911,805
82$2,614,233,782$179,849,082$77,605,817$2,525,496,201
83$2,880,639,724$188,415,783$79,959,708$2,781,751,497
84$3,174,211,325$197,394,506$82,384,708$3,064,089,871
85$3,497,719,240$206,805,196$84,882,955$3,375,169,445
86$3,854,216,721$216,668,769$87,456,652$3,717,919,364
87$4,247,068,443$227,007,155$90,108,067$4,095,567,435
88$4,679,982,272$237,843,354$92,839,535$4,511,670,589
89$5,157,044,266$249,201,480$95,653,461$4,970,148,442
90$5,682,757,253$261,106,825$98,552,324$5,475,320,287
91$6,262,083,341$273,585,908$101,538,675$6,031,945,853
92$6,900,490,762$286,666,538$104,615,142$6,645,270,223
93$7,604,005,501$300,377,879$107,784,430$7,321,073,338
94$8,379,268,180$314,750,513$111,049,326$8,065,724,541
95$9,233,596,758$329,816,511$114,412,702$8,886,242,690
96$10,175,055,611$345,609,505$117,877,511$9,790,362,404
97$11,212,531,676$362,164,762$121,446,800$10,786,607,059
98$12,355,818,341$379,519,270$125,123,702$11,884,369,239
99$13,615,707,911$397,711,814$128,911,446$13,093,999,379
100$15,004,093,495$416,783,070$132,813,357$14,426,903,465