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%14%
1 years$1,321,265$1,309,496$1,298,013$1,286,806$1,275,862$1,254,726
2 years$654,092$641,910$630,104$618,657$607,554$586,321
3 years$431,730$419,495$407,719$396,379$385,457$364,788
4 years$320,570$308,373$296,715$285,569$274,911$254,966
5 years$253,892$241,768$230,263$219,344$208,983$189,819
6 years$209,455$197,422$186,087$175,411$165,361$147,001
7 years$177,726$165,795$154,639$144,215$134,483$116,931
8 years$153,940$142,117$131,146$120,979$111,567$94,820
9 years$135,450$123,738$112,956$103,047$93,955$78,004
10 years$120,667$109,069$98,478$88,828$80,054$64,886
11 years$108,579$97,098$86,698$77,307$68,850$54,448
12 years$98,513$87,150$76,942$67,808$59,664$46,010
13 years$90,002$78,758$68,743$59,865$52,028$39,102
14 years$82,714$71,589$61,766$53,141$45,607$33,387
15 years$76,403$65,398$55,766$47,392$40,156$28,619
16 years$70,886$60,001$50,560$42,435$35,490$24,612
17 years$66,023$55,259$46,008$38,127$31,468$21,224
18 years$61,706$51,062$41,999$34,360$27,980$18,346
19 years$57,847$47,323$38,448$31,048$24,939$15,889
20 years$54,379$43,975$35,286$28,120$22,276$13,784
21 years$51,245$40,961$32,456$25,520$19,935$11,976
22 years$48,400$38,236$29,913$23,204$17,869$10,418
23 years$45,806$35,761$27,620$21,132$16,040$9,073
24 years$43,431$33,506$25,544$19,274$14,417$7,908
25 years$41,250$31,444$23,659$17,602$12,973$6,899
26 years$39,241$29,552$21,942$16,094$11,686$6,023
27 years$37,383$27,812$20,375$14,731$10,536$5,261
28 years$35,661$26,207$18,941$13,497$9,506$4,598
29 years$34,060$24,723$17,627$12,377$8,584$4,020
30 years$32,569$23,348$16,418$11,359$7,756$3,517
31 years$31,177$22,072$15,306$10,433$7,012$3,077
32 years$29,875$20,885$14,281$9,588$6,343$2,694
33 years$28,654$19,778$13,334$8,817$5,741$2,358
34 years$27,507$18,745$12,459$8,112$5,197$2,065
35 years$26,428$17,779$11,648$7,468$4,708$1,809
36 years$25,412$16,875$10,897$6,878$4,265$1,585
37 years$24,452$16,028$10,199$6,337$3,866$1,389
38 years$23,546$15,232$9,551$5,841$3,505$1,217
39 years$22,688$14,484$8,948$5,385$3,178$1,067
40 years$21,875$13,780$8,387$4,967$2,883$935
41 years$21,103$13,118$7,864$4,583$2,615$820
42 years$20,370$12,493$7,377$4,230$2,373$719
43 years$19,674$11,903$6,922$3,904$2,154$630
44 years$19,010$11,346$6,498$3,605$1,955$552
45 years$18,378$10,820$6,101$3,329$1,775$484
46 years$17,776$10,322$5,731$3,075$1,611$425
47 years$17,200$9,850$5,384$2,841$1,463$372
48 years$16,650$9,403$5,059$2,625$1,329$327
49 years$16,125$8,979$4,755$2,426$1,207$286
50 years$15,622$8,577$4,471$2,243$1,096$251

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 $5,613 every year, while hoping to spend $36,570 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: 52/19/29 Blend
29$16,000,000$16,000,000$16,000,000$16,000,000
30$17,637,790$16,789,790$16,541,790$18,410,937
31$19,397,934$17,573,579$17,057,030$19,733,434
32$21,336,388$18,394,549$17,588,304$21,167,192
33$23,471,299$19,254,482$18,136,112$22,726,252
34$25,822,667$20,155,247$18,700,968$24,422,602
35$28,412,530$21,098,805$19,283,401$26,269,418
36$31,265,171$22,087,209$19,883,958$28,281,190
37$34,407,350$23,122,614$20,503,202$30,473,851
38$37,868,555$24,207,277$21,141,715$32,864,922
39$41,681,280$25,343,567$21,800,095$35,473,676
40$45,881,333$26,533,963$22,478,959$38,321,311
41$50,508,170$27,781,069$23,178,946$41,431,148
42$55,605,273$29,087,611$23,900,711$44,828,843
43$61,220,557$30,456,450$24,644,931$48,542,627
44$67,406,822$31,890,584$25,412,304$52,603,563
45$74,222,251$33,393,156$26,203,549$57,045,834
46$81,730,962$34,967,462$27,019,409$61,907,063
47$90,003,610$36,616,957$27,860,649$67,228,655
48$99,118,055$38,345,265$28,728,058$73,056,185
49$109,160,096$40,156,183$29,622,447$79,439,823
50$120,224,284$42,053,693$30,544,657$86,434,792
51$132,414,809$44,041,973$31,495,552$94,101,891
52$145,846,489$46,125,399$32,476,022$102,508,055
53$160,645,849$48,308,562$33,486,987$111,726,977
54$176,952,320$50,596,275$34,529,395$121,839,801
55$194,919,548$52,993,585$35,604,222$132,935,871
56$214,716,855$55,505,782$36,712,475$145,113,572
57$236,530,825$58,138,416$37,855,194$158,481,241
58$260,567,074$60,897,304$39,033,449$173,158,186
59$287,052,190$63,788,546$40,248,343$189,275,796
60$316,235,866$66,818,538$41,501,016$206,978,773
61$348,393,265$69,993,987$42,792,640$226,426,484
62$383,827,610$73,321,924$44,124,426$247,794,453
63$422,873,053$76,809,725$45,497,621$271,276,005
64$465,897,824$80,465,122$46,913,511$297,084,079
65$513,307,712$84,296,222$48,373,423$325,453,221
66$565,549,889$88,311,528$49,878,724$356,641,783
67$623,117,140$92,519,955$51,430,823$390,934,351
68$686,552,507$96,930,851$53,031,174$428,644,408
69$756,454,419$101,554,020$54,681,275$470,117,283
70$833,482,344$106,399,741$56,382,672$515,733,387
71$918,363,009$111,478,794$58,136,957$565,911,791
72$1,011,897,264$116,802,483$59,945,773$621,114,159
73$1,114,967,642$122,382,661$61,810,813$681,849,089
74$1,228,546,689$128,231,759$63,733,823$748,676,890
75$1,353,706,148$134,362,812$65,716,603$822,214,850
76$1,491,627,074$140,789,489$67,761,008$903,143,043
77$1,643,610,986$147,526,124$69,868,952$992,210,722
78$1,811,092,152$154,587,750$72,042,408$1,090,243,368
79$1,995,651,132$161,990,130$74,283,409$1,198,150,455
80$2,199,029,697$169,749,796$76,594,053$1,316,934,012
81$2,423,147,272$177,884,083$78,976,500$1,447,698,052
82$2,670,119,062$186,411,171$81,432,981$1,591,658,961
83$2,942,276,014$195,350,126$83,965,793$1,750,156,955
84$3,242,186,826$204,720,941$86,577,306$1,924,668,697
85$3,572,682,199$214,544,583$89,269,962$2,116,821,202
86$3,936,881,558$224,843,042$92,046,281$2,328,407,164
87$4,338,222,503$235,639,378$94,908,857$2,561,401,840
88$4,780,493,264$246,957,773$97,860,370$2,817,981,661
89$5,267,868,463$258,823,590$100,903,578$3,100,544,733
90$5,804,948,526$271,263,425$104,041,328$3,411,733,440
91$6,396,803,116$284,305,173$107,276,552$3,754,459,341
92$7,049,018,994$297,978,087$110,612,277$4,131,930,611
93$7,767,752,763$312,312,845$114,051,620$4,547,682,279
94$8,559,788,993$327,341,623$117,597,797$5,005,609,553
95$9,432,604,269$343,098,161$121,254,123$5,510,004,533
96$10,394,437,783$359,617,850$125,024,015$6,065,596,685
97$11,454,369,114$376,937,801$128,910,996$6,677,597,424
98$12,622,403,948$395,096,938$132,918,699$7,351,749,256
99$13,909,568,545$414,136,083$137,050,870$8,094,379,928
100$15,328,013,832$434,098,046$141,311,369$8,912,462,097