Can I retire at age 30 with 16,100,000?

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 $16,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$1,329,523$1,317,680$1,306,126$1,294,849$1,283,837$1,254,839
2 years$658,180$645,922$634,042$622,523$611,351$582,292
3 years$434,428$422,117$410,267$398,857$387,866$359,653
4 years$322,574$310,301$298,569$287,354$276,629$249,480
5 years$255,479$243,280$231,702$220,715$210,289$184,279
6 years$210,764$198,656$187,250$176,508$166,395$141,551
7 years$178,837$166,831$155,605$145,117$135,323$111,651
8 years$154,902$143,005$131,966$121,735$112,264$89,753
9 years$136,297$124,512$113,662$103,691$94,542$73,177
10 years$121,421$109,751$99,093$89,383$80,555$60,311
11 years$109,257$97,705$87,240$77,790$69,280$50,132
12 years$99,129$87,694$77,423$68,232$60,036$41,953
13 years$90,565$79,250$69,173$60,239$52,353$35,301
14 years$83,231$72,036$62,152$53,473$45,892$29,837
15 years$76,880$65,806$56,115$47,689$40,407$25,312
16 years$71,329$60,376$50,876$42,700$35,712$21,539
17 years$66,436$55,604$46,295$38,366$31,665$18,375
18 years$62,092$51,381$42,262$34,575$28,155$15,710
19 years$58,209$47,619$38,689$31,242$25,095$13,456
20 years$54,719$44,250$35,506$28,295$22,415$11,543
21 years$51,565$41,217$32,659$25,680$20,059$9,915
22 years$48,702$38,475$30,100$23,349$17,980$8,526
23 years$46,092$35,985$27,792$21,264$16,140$7,339
24 years$43,703$33,715$25,703$19,394$14,507$6,322
25 years$41,508$31,640$23,806$17,712$13,054$5,450
26 years$39,486$29,737$22,079$16,195$11,759$4,701
27 years$37,616$27,986$20,502$14,824$10,601$4,057
28 years$35,883$26,371$19,060$13,582$9,566$3,502
29 years$34,273$24,878$17,737$12,455$8,638$3,025
30 years$32,773$23,494$16,521$11,430$7,805$2,614
31 years$31,372$22,210$15,402$10,498$7,056$2,259
32 years$30,061$21,015$14,370$9,648$6,383$1,953
33 years$28,833$19,902$13,418$8,872$5,777$1,688
34 years$27,679$18,862$12,537$8,163$5,230$1,460
35 years$26,593$17,891$11,721$7,514$4,737$1,263
36 years$25,571$16,981$10,965$6,921$4,292$1,092
37 years$24,605$16,128$10,263$6,376$3,890$945
38 years$23,693$15,327$9,611$5,877$3,527$818
39 years$22,829$14,575$9,004$5,419$3,198$708
40 years$22,011$13,867$8,440$4,998$2,901$612
41 years$21,235$13,200$7,914$4,612$2,632$530
42 years$20,498$12,571$7,423$4,256$2,388$459
43 years$19,797$11,978$6,966$3,929$2,167$397
44 years$19,129$11,417$6,539$3,628$1,967$344
45 years$18,493$10,887$6,139$3,350$1,786$297
46 years$17,887$10,386$5,766$3,095$1,621$257
47 years$17,308$9,911$5,417$2,859$1,472$223
48 years$16,754$9,462$5,091$2,642$1,337$193
49 years$16,225$9,035$4,785$2,442$1,214$167
50 years$15,719$8,631$4,499$2,257$1,103$145

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $16,100,000, adding $2,799 every year, while hoping to spend $35,619 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: 66/14/20 Blend
29$16,100,000$16,100,000$16,100,000$16,100,000
30$17,745,087$16,891,787$16,642,237$18,826,802
31$19,517,188$17,681,586$17,161,854$20,342,379
32$21,468,849$18,508,892$17,697,684$21,994,212
33$23,618,348$19,375,504$18,250,233$23,799,168
34$25,985,825$20,283,310$18,820,022$25,772,280
35$28,593,476$21,234,288$19,407,588$27,930,093
36$31,465,755$22,230,513$20,013,487$30,290,813
37$34,629,612$23,274,159$20,638,290$32,874,479
38$38,114,745$24,367,505$21,282,585$35,703,147
39$41,953,879$25,512,942$21,946,981$38,801,095
40$46,183,074$26,712,976$22,632,104$42,195,049
41$50,842,069$27,970,233$23,338,601$45,914,430
42$55,974,653$29,287,468$24,067,137$49,991,631
43$61,629,082$30,667,568$24,818,400$54,462,313
44$67,858,530$32,113,560$25,593,099$59,365,744
45$74,721,596$33,628,620$26,391,963$64,745,161
46$82,282,851$35,216,075$27,215,747$70,648,172
47$90,613,453$36,879,415$28,065,226$77,127,205
48$99,791,816$38,622,297$28,941,202$84,239,994
49$109,904,350$40,448,558$29,844,500$92,050,122
50$121,046,276$42,362,219$30,775,973$100,627,612
51$133,322,526$44,367,498$31,736,498$110,049,584
52$146,848,733$46,468,815$32,726,981$120,400,977
53$161,752,324$48,670,807$33,748,355$131,775,345
54$178,173,720$50,978,335$34,801,583$144,275,731
55$196,267,662$53,396,496$35,887,658$158,015,637
56$216,204,673$55,930,634$37,007,604$173,120,083
57$238,172,666$58,586,352$38,162,476$189,726,784
58$262,378,721$61,369,526$39,353,362$207,987,442
59$289,051,036$64,286,318$40,581,385$228,069,165
60$318,441,082$67,343,188$41,847,702$250,156,043
61$350,825,979$70,546,910$43,153,506$274,450,872
62$386,511,107$73,904,588$44,500,027$301,177,059
63$425,832,997$77,423,669$45,888,534$330,580,725
64$469,162,498$81,111,965$47,320,336$362,933,015
65$516,908,287$84,977,665$48,796,781$398,532,648
66$569,520,719$89,029,357$50,319,260$437,708,728
67$627,496,084$93,276,048$51,889,208$480,823,833
68$691,381,291$97,727,181$53,508,102$528,277,436
69$761,779,028$102,392,658$55,177,469$580,509,652
70$839,353,455$107,282,864$56,898,880$638,005,389
71$924,836,472$112,408,689$58,673,957$701,298,908
72$1,019,034,629$117,781,551$60,504,371$770,978,850
73$1,122,836,740$123,413,426$62,391,847$847,693,784
74$1,237,222,275$129,316,871$64,338,161$932,158,310
75$1,363,270,604$135,505,055$66,345,147$1,025,159,788
76$1,502,171,190$141,991,787$68,414,694$1,127,565,757
77$1,655,234,816$148,791,549$70,548,750$1,240,332,105
78$1,823,905,959$155,919,528$72,749,326$1,364,512,078
79$2,009,776,431$163,391,649$75,018,493$1,501,266,197
80$2,214,600,402$171,224,614$77,358,386$1,651,873,200
81$2,440,310,960$179,435,938$79,771,210$1,817,742,090
82$2,689,038,367$188,043,988$82,259,235$2,000,425,416
83$2,963,130,164$197,068,026$84,824,802$2,201,633,905
84$3,265,173,335$206,528,254$87,470,328$2,423,252,587
85$3,598,018,733$216,445,856$90,198,301$2,667,358,573
86$3,964,807,989$226,843,048$93,011,289$2,936,240,626
87$4,369,003,177$237,743,130$95,911,940$3,232,420,752
88$4,814,419,494$249,170,537$98,902,984$3,558,677,974
89$5,305,261,282$261,150,893$101,987,233$3,918,074,539
90$5,846,161,719$273,711,073$105,167,592$4,313,984,796
91$6,442,226,560$286,879,262$108,447,052$4,750,127,023
92$7,099,082,340$300,685,016$111,828,699$5,230,598,489
93$7,822,929,493$315,159,335$115,315,714$5,759,914,105
94$8,620,600,888$330,334,730$118,911,378$6,343,049,007
95$9,499,626,343$346,245,296$122,619,073$6,985,485,488
96$10,468,303,705$362,926,791$126,442,287$7,693,264,712
97$11,535,777,195$380,416,716$130,384,616$8,473,043,706
98$12,712,123,737$398,754,403$134,449,769$9,332,158,160
99$14,008,448,090$417,981,100$138,641,567$10,278,691,637
100$15,436,987,690$438,140,069$142,963,955$11,321,551,839