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%17.9%
1 years$1,321,265$1,309,496$1,298,013$1,286,806$1,275,862$1,235,021
2 years$654,092$641,910$630,104$618,657$607,554$566,784
3 years$431,730$419,495$407,719$396,379$385,457$346,037
4 years$320,570$308,373$296,715$285,569$274,911$237,144
5 years$253,892$241,768$230,263$219,344$208,983$172,969
6 years$209,455$197,422$186,087$175,411$165,361$131,131
7 years$177,726$165,795$154,639$144,215$134,483$102,034
8 years$153,940$142,117$131,146$120,979$111,567$80,875
9 years$135,450$123,738$112,956$103,047$93,955$64,987
10 years$120,667$109,069$98,478$88,828$80,054$52,765
11 years$108,579$97,098$86,698$77,307$68,850$43,189
12 years$98,513$87,150$76,942$67,808$59,664$35,577
13 years$90,002$78,758$68,743$59,865$52,028$29,456
14 years$82,714$71,589$61,766$53,141$45,607$24,488
15 years$76,403$65,398$55,766$47,392$40,156$20,427
16 years$70,886$60,001$50,560$42,435$35,490$17,086
17 years$66,023$55,259$46,008$38,127$31,468$14,324
18 years$61,706$51,062$41,999$34,360$27,980$12,031
19 years$57,847$47,323$38,448$31,048$24,939$10,121
20 years$54,379$43,975$35,286$28,120$22,276$8,525
21 years$51,245$40,961$32,456$25,520$19,935$7,188
22 years$48,400$38,236$29,913$23,204$17,869$6,067
23 years$45,806$35,761$27,620$21,132$16,040$5,125
24 years$43,431$33,506$25,544$19,274$14,417$4,331
25 years$41,250$31,444$23,659$17,602$12,973$3,663
26 years$39,241$29,552$21,942$16,094$11,686$3,099
27 years$37,383$27,812$20,375$14,731$10,536$2,623
28 years$35,661$26,207$18,941$13,497$9,506$2,221
29 years$34,060$24,723$17,627$12,377$8,584$1,881
30 years$32,569$23,348$16,418$11,359$7,756$1,593
31 years$31,177$22,072$15,306$10,433$7,012$1,350
32 years$29,875$20,885$14,281$9,588$6,343$1,144
33 years$28,654$19,778$13,334$8,817$5,741$969
34 years$27,507$18,745$12,459$8,112$5,197$822
35 years$26,428$17,779$11,648$7,468$4,708$696
36 years$25,412$16,875$10,897$6,878$4,265$590
37 years$24,452$16,028$10,199$6,337$3,866$501
38 years$23,546$15,232$9,551$5,841$3,505$424
39 years$22,688$14,484$8,948$5,385$3,178$360
40 years$21,875$13,780$8,387$4,967$2,883$305
41 years$21,103$13,118$7,864$4,583$2,615$259
42 years$20,370$12,493$7,377$4,230$2,373$219
43 years$19,674$11,903$6,922$3,904$2,154$186
44 years$19,010$11,346$6,498$3,605$1,955$158
45 years$18,378$10,820$6,101$3,329$1,775$134
46 years$17,776$10,322$5,731$3,075$1,611$114
47 years$17,200$9,850$5,384$2,841$1,463$96
48 years$16,650$9,403$5,059$2,625$1,329$82
49 years$16,125$8,979$4,755$2,426$1,207$69
50 years$15,622$8,577$4,471$2,243$1,096$59

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 $2,210 every year, while hoping to spend $37,767 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: 38/36/26 Blend
29$16,000,000$16,000,000$16,000,000$16,000,000
30$17,634,280$16,786,280$16,538,280$18,167,554
31$19,392,792$17,568,624$17,052,128$19,340,234
32$21,329,408$18,388,036$17,581,925$20,603,099
33$23,462,252$19,246,295$18,128,164$21,967,226
34$25,811,300$20,145,261$18,691,356$23,441,822
35$28,398,561$21,086,888$19,272,025$25,036,981
36$31,248,290$22,073,221$19,870,713$26,763,780
37$34,387,213$23,106,407$20,487,980$28,634,369
38$37,844,782$24,188,694$21,124,400$30,662,087
39$41,653,450$25,322,440$21,780,568$32,861,574
40$45,848,980$26,510,118$22,457,095$35,248,904
41$50,470,780$27,754,318$23,154,612$37,841,728
42$55,562,279$29,057,758$23,873,771$40,659,433
43$61,171,329$30,423,287$24,615,240$43,723,313
44$67,350,667$31,853,889$25,379,712$47,056,766
45$74,158,402$33,352,697$26,167,900$50,685,500
46$81,658,572$34,922,993$26,980,538$54,637,769
47$89,921,744$36,568,217$27,818,384$58,944,627
48$99,025,681$38,291,979$28,682,218$63,640,209
49$109,056,075$40,098,060$29,572,847$68,762,045
50$120,107,356$41,990,427$30,491,099$74,351,401
51$132,283,587$43,973,238$31,437,831$80,453,653
52$145,699,439$46,050,853$32,413,925$87,118,705
53$160,481,281$48,227,844$33,420,290$94,401,447
54$176,768,366$50,509,002$34,457,865$102,362,253
55$194,714,150$52,899,355$35,527,614$111,067,543
56$214,487,740$55,404,170$36,630,536$120,590,389
57$236,275,488$58,028,972$37,767,657$131,011,192
58$260,282,751$60,779,555$38,940,037$142,418,418
59$286,735,831$63,661,992$40,148,767$154,909,421
60$315,884,108$66,682,652$41,394,973$168,591,340
61$348,002,398$69,848,213$42,679,816$183,582,090
62$383,393,544$73,165,677$44,004,491$200,011,456
63$422,391,276$76,642,386$45,370,232$218,022,295
64$465,363,362$80,286,038$46,778,311$237,771,862
65$512,715,078$84,104,708$48,230,037$259,433,271
66$564,893,036$88,106,858$49,726,764$283,197,107
67$622,389,398$92,301,367$51,269,882$309,273,193
68$685,746,522$96,697,540$52,860,829$337,892,549
69$755,562,086$101,305,138$54,501,086$369,309,540
70$832,494,724$106,134,394$56,192,177$403,804,253
71$917,270,248$111,196,042$57,935,677$441,685,105
72$1,010,688,499$116,501,334$59,733,208$483,291,721
73$1,113,630,897$122,062,071$61,586,442$528,998,113
74$1,227,068,764$127,890,627$63,497,103$579,216,167
75$1,352,072,489$133,999,979$65,466,967$634,399,497
76$1,489,821,640$140,403,735$67,497,867$695,047,692
77$1,641,616,093$147,116,164$69,591,692$761,710,983
78$1,808,888,309$154,152,230$71,750,388$834,995,403
79$1,993,216,854$161,527,626$73,975,963$915,568,457
80$2,196,341,300$169,258,808$76,270,486$1,004,165,380
81$2,420,178,655$177,363,032$78,636,089$1,101,596,028
82$2,666,841,452$185,858,395$81,074,972$1,208,752,471
83$2,938,657,699$194,763,874$83,589,402$1,326,617,361
84$3,238,192,853$204,099,373$86,181,716$1,456,273,153
85$3,568,274,042$213,885,761$88,854,322$1,598,912,266
86$3,932,016,757$224,144,925$91,609,704$1,755,848,275
87$4,332,854,260$234,899,820$94,450,423$1,928,528,250
88$4,774,569,999$246,174,516$97,379,117$2,118,546,346
89$5,261,333,329$257,994,258$100,398,507$2,327,658,789
90$5,797,738,871$270,385,518$103,511,399$2,557,800,372
91$6,388,849,887$283,376,060$106,720,683$2,811,102,650
92$7,040,246,090$296,995,002$110,029,340$3,089,913,980
93$7,758,076,311$311,272,876$113,440,443$3,396,821,604
94$8,549,116,556$326,241,709$116,957,159$3,734,675,987
95$9,420,833,975$341,935,082$120,582,753$4,106,617,634
96$10,381,457,357$358,388,218$124,320,592$4,516,106,638
97$11,440,054,821$375,638,054$128,174,146$4,966,955,248
98$12,606,619,424$393,723,330$132,146,991$5,463,363,746
99$13,892,163,506$412,684,674$136,242,816$6,009,959,995
100$15,308,822,654$432,564,694$140,465,421$6,611,843,006