Can I retire at age 30 with 16,000,000?

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 $16,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$1,321,265$1,309,496$1,298,013$1,286,806$1,275,862$1,229,128
2 years$654,092$641,910$630,104$618,657$607,554$560,989
3 years$431,730$419,495$407,719$396,379$385,457$340,528
4 years$320,570$308,373$296,715$285,569$274,911$231,959
5 years$253,892$241,768$230,263$219,344$208,983$168,121
6 years$209,455$197,422$186,087$175,411$165,361$126,618
7 years$177,726$165,795$154,639$144,215$134,483$97,849
8 years$153,940$142,117$131,146$120,979$111,567$77,009
9 years$135,450$123,738$112,956$103,047$93,955$61,428
10 years$120,667$109,069$98,478$88,828$80,054$49,500
11 years$108,579$97,098$86,698$77,307$68,850$40,202
12 years$98,513$87,150$76,942$67,808$59,664$32,853
13 years$90,002$78,758$68,743$59,865$52,028$26,979
14 years$82,714$71,589$61,766$53,141$45,607$22,242
15 years$76,403$65,398$55,766$47,392$40,156$18,396
16 years$70,886$60,001$50,560$42,435$35,490$15,254
17 years$66,023$55,259$46,008$38,127$31,468$12,676
18 years$61,706$51,062$41,999$34,360$27,980$10,551
19 years$57,847$47,323$38,448$31,048$24,939$8,796
20 years$54,379$43,975$35,286$28,120$22,276$7,341
21 years$51,245$40,961$32,456$25,520$19,935$6,133
22 years$48,400$38,236$29,913$23,204$17,869$5,128
23 years$45,806$35,761$27,620$21,132$16,040$4,291
24 years$43,431$33,506$25,544$19,274$14,417$3,592
25 years$41,250$31,444$23,659$17,602$12,973$3,009
26 years$39,241$29,552$21,942$16,094$11,686$2,521
27 years$37,383$27,812$20,375$14,731$10,536$2,113
28 years$35,661$26,207$18,941$13,497$9,506$1,772
29 years$34,060$24,723$17,627$12,377$8,584$1,486
30 years$32,569$23,348$16,418$11,359$7,756$1,246
31 years$31,177$22,072$15,306$10,433$7,012$1,045
32 years$29,875$20,885$14,281$9,588$6,343$877
33 years$28,654$19,778$13,334$8,817$5,741$736
34 years$27,507$18,745$12,459$8,112$5,197$618
35 years$26,428$17,779$11,648$7,468$4,708$518
36 years$25,412$16,875$10,897$6,878$4,265$435
37 years$24,452$16,028$10,199$6,337$3,866$365
38 years$23,546$15,232$9,551$5,841$3,505$307
39 years$22,688$14,484$8,948$5,385$3,178$257
40 years$21,875$13,780$8,387$4,967$2,883$216
41 years$21,103$13,118$7,864$4,583$2,615$181
42 years$20,370$12,493$7,377$4,230$2,373$152
43 years$19,674$11,903$6,922$3,904$2,154$128
44 years$19,010$11,346$6,498$3,605$1,955$107
45 years$18,378$10,820$6,101$3,329$1,775$90
46 years$17,776$10,322$5,731$3,075$1,611$76
47 years$17,200$9,850$5,384$2,841$1,463$64
48 years$16,650$9,403$5,059$2,625$1,329$53
49 years$16,125$8,979$4,755$2,426$1,207$45
50 years$15,622$8,577$4,471$2,243$1,096$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $16,000,000, adding $2,029 every year, while hoping to spend $47,820 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: 53/26/21 Blend
29$16,000,000$16,000,000$16,000,000$16,000,000
30$17,634,093$16,786,093$16,538,093$18,466,798
31$19,381,890$17,557,731$17,041,239$19,811,185
32$21,306,360$18,365,577$17,559,638$21,268,151
33$23,425,473$19,211,355$18,093,749$22,852,561
34$25,759,030$20,096,870$18,644,049$24,576,573
35$28,328,851$21,024,016$19,211,024$26,453,556
36$31,158,979$21,994,778$19,795,179$28,498,202
37$34,275,908$23,011,236$20,397,031$30,726,666
38$37,708,834$24,075,570$21,017,114$33,156,709
39$41,489,927$25,190,064$21,655,980$35,807,865
40$45,654,637$26,357,115$22,314,193$38,701,614
41$50,242,029$27,579,233$22,992,337$41,861,584
42$55,295,150$28,859,049$23,691,014$45,313,765
43$60,861,434$30,199,321$24,410,842$49,086,750
44$66,993,154$31,602,942$25,152,459$53,211,994
45$73,747,911$33,072,941$25,916,522$57,724,111
46$81,189,179$34,612,497$26,703,706$62,661,185
47$89,386,905$36,224,938$27,514,710$68,065,130
48$98,418,165$37,913,756$28,350,249$73,982,073
49$108,367,899$39,682,611$29,211,063$80,462,779
50$119,329,705$41,535,340$30,097,914$87,563,129
51$131,406,726$43,475,962$31,011,585$95,344,631
52$144,712,623$45,508,695$31,952,884$103,874,996
53$159,372,647$47,637,958$32,922,642$113,228,763
54$175,524,823$49,868,384$33,921,716$123,487,997
55$193,321,250$52,204,829$34,950,989$134,743,050
56$212,929,538$54,652,387$36,011,368$147,093,403
57$234,534,392$57,216,395$37,103,790$160,648,592
58$258,339,352$59,902,450$38,229,219$175,529,234
59$284,568,714$62,716,419$39,388,646$191,868,147
60$313,469,653$65,664,453$40,583,095$209,811,595
61$345,314,547$68,753,000$41,813,618$229,520,652
62$380,403,556$71,988,823$43,081,300$251,172,708
63$419,067,453$75,379,009$44,387,258$274,963,131
64$461,670,743$78,930,991$45,732,641$301,107,090
65$508,615,108$82,652,559$47,118,634$329,841,576
66$560,343,199$86,551,884$48,546,458$361,427,613
67$617,342,809$90,637,530$50,017,368$396,152,714
68$680,151,484$94,918,478$51,532,658$434,333,567
69$749,361,595$99,404,143$53,093,662$476,319,010
70$825,625,929$104,104,397$54,701,751$522,493,301
71$909,663,853$109,029,592$56,358,339$573,279,722
72$1,002,268,104$114,190,579$58,064,881$629,144,557
73$1,104,312,272$119,598,739$59,822,876$690,601,464
74$1,216,759,049$125,266,003$61,633,868$758,216,302
75$1,340,669,316$131,204,881$63,499,446$832,612,447
76$1,477,212,156$137,428,490$65,421,248$914,476,647
77$1,627,675,895$143,950,585$67,400,959$1,004,565,479
78$1,793,480,261$150,785,588$69,440,315$1,103,712,460
79$1,976,189,787$157,948,621$71,541,105$1,212,835,884
80$2,177,528,582$165,455,541$73,705,169$1,332,947,460
81$2,399,396,609$173,322,974$75,934,403$1,465,161,827
82$2,643,887,618$181,568,354$78,230,761$1,610,707,038
83$2,913,308,915$190,209,964$80,596,252$1,770,936,124
84$3,210,203,145$199,266,972$83,032,946$1,947,339,818
85$3,537,372,292$208,759,481$85,542,977$2,141,560,594
86$3,897,904,139$218,708,568$88,128,539$2,355,408,127
87$4,295,201,409$229,136,336$90,791,894$2,590,876,333
88$4,733,013,900$240,065,963$93,535,369$2,850,162,145
89$5,215,473,875$251,521,753$96,361,361$3,135,686,203
90$5,747,135,084$263,529,193$99,272,340$3,450,115,656
91$6,333,015,746$276,115,007$102,270,848$3,796,389,290
92$6,978,645,932$289,307,222$105,359,501$4,177,745,207
93$7,690,119,768$303,135,227$108,540,995$4,597,751,346
94$8,474,152,972$317,629,840$111,818,106$5,060,339,097
95$9,338,146,253$332,823,381$115,193,691$5,569,840,355
96$10,290,255,185$348,749,740$118,670,693$6,131,028,345
97$11,339,467,194$365,444,458$122,252,142$6,749,162,617
98$12,495,686,417$382,944,806$125,941,158$7,430,038,623
99$13,769,827,198$401,289,868$129,740,953$8,180,042,354
100$15,173,917,133$420,520,632$133,654,836$9,006,210,545