Can I retire at age 30 with 16,300,000?

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 $16,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$1,346,039$1,334,049$1,322,351$1,310,934$1,299,785$1,256,669
2 years$666,356$653,946$641,918$630,257$618,945$575,925
3 years$439,824$427,361$415,363$403,811$392,684$351,111
4 years$326,581$314,155$302,278$290,923$280,066$240,257
5 years$258,653$246,302$234,580$223,457$212,901$174,963
6 years$213,382$201,124$189,576$178,700$168,462$132,425
7 years$181,058$168,903$157,538$146,919$137,004$102,864
8 years$156,827$144,781$133,605$123,247$113,658$81,389
9 years$137,990$126,058$115,074$104,979$95,717$65,280
10 years$122,929$111,114$100,324$90,493$81,556$52,904
11 years$110,615$98,918$88,324$78,756$70,140$43,218
12 years$100,360$88,784$78,385$69,080$60,782$35,530
13 years$91,690$80,235$70,032$60,987$53,003$29,357
14 years$84,265$72,931$62,924$54,137$46,462$24,355
15 years$77,835$66,624$56,812$48,281$40,909$20,273
16 years$72,215$61,126$51,508$43,230$36,156$16,920
17 years$67,261$56,295$46,870$38,842$32,058$14,154
18 years$62,863$52,019$42,787$35,005$28,505$11,861
19 years$58,932$48,211$39,169$31,630$25,407$9,956
20 years$55,399$44,800$35,948$28,647$22,694$8,367
21 years$52,206$41,729$33,065$25,999$20,308$7,039
22 years$49,307$38,953$30,474$23,639$18,204$5,927
23 years$46,665$36,432$28,138$21,528$16,341$4,994
24 years$44,246$34,134$26,023$19,635$14,687$4,211
25 years$42,024$32,033$24,102$17,932$13,216$3,553
26 years$39,976$30,106$22,353$16,396$11,905$2,998
27 years$38,084$28,333$20,757$15,008$10,733$2,532
28 years$36,329$26,698$19,296$13,750$9,685$2,138
29 years$34,699$25,187$17,957$12,609$8,745$1,806
30 years$33,180$23,786$16,726$11,572$7,902$1,526
31 years$31,762$22,486$15,593$10,628$7,144$1,290
32 years$30,435$21,276$14,549$9,768$6,462$1,090
33 years$29,191$20,149$13,584$8,982$5,848$922
34 years$28,023$19,097$12,692$8,264$5,295$779
35 years$26,924$18,113$11,867$7,608$4,796$659
36 years$25,888$17,192$11,101$7,007$4,345$557
37 years$24,911$16,328$10,390$6,456$3,938$471
38 years$23,987$15,518$9,730$5,950$3,570$399
39 years$23,113$14,756$9,116$5,486$3,238$337
40 years$22,285$14,039$8,544$5,060$2,937$285
41 years$21,499$13,364$8,012$4,669$2,664$241
42 years$20,752$12,727$7,515$4,309$2,418$204
43 years$20,042$12,126$7,052$3,978$2,194$173
44 years$19,367$11,559$6,620$3,673$1,992$146
45 years$18,723$11,023$6,216$3,392$1,808$124
46 years$18,109$10,515$5,838$3,133$1,642$104
47 years$17,523$10,035$5,485$2,895$1,491$88
48 years$16,963$9,579$5,154$2,675$1,354$75
49 years$16,427$9,148$4,845$2,472$1,229$63
50 years$15,914$8,738$4,555$2,285$1,117$54

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $16,300,000, adding $3,461 every year, while hoping to spend $52,846 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: 40/34/26 Blend
29$16,300,000$16,300,000$16,300,000$16,300,000
30$17,966,170$17,102,270$16,849,620$18,546,609
31$19,742,492$17,884,054$17,357,855$19,748,967
32$21,698,227$18,702,373$17,881,344$21,043,701
33$23,851,620$19,558,964$18,420,543$22,443,437
34$26,222,775$20,455,642$18,975,921$23,957,812
35$28,833,844$21,394,315$19,547,960$25,597,399
36$31,709,236$22,376,977$20,137,157$27,373,804
37$34,875,851$23,405,721$20,744,024$29,299,768
38$38,363,327$24,482,740$21,369,088$31,389,279
39$42,204,324$25,610,333$22,012,891$33,657,700
40$46,434,834$26,790,907$22,675,991$36,121,904
41$51,094,514$28,026,989$23,358,964$38,800,428
42$56,227,066$29,321,223$24,062,401$41,713,639
43$61,880,647$30,676,383$24,786,911$44,883,917
44$68,108,324$32,095,377$25,533,124$48,335,860
45$74,968,573$33,581,250$26,301,683$52,096,504
46$82,525,833$35,137,197$27,093,255$56,195,573
47$90,851,113$36,766,565$27,908,525$60,665,745
48$100,022,663$38,472,863$28,748,197$65,542,953
49$110,126,710$40,259,769$29,612,997$70,866,714
50$121,258,275$42,131,138$30,503,672$76,680,488
51$133,522,066$44,091,011$31,420,993$83,032,080
52$147,033,471$46,143,625$32,365,750$89,974,076
53$161,919,641$48,293,419$33,338,759$97,564,328
54$178,320,697$50,545,049$34,340,860$105,866,486
55$196,391,047$52,903,394$35,372,917$114,950,587
56$216,300,843$55,373,570$36,435,819$124,893,697
57$238,237,593$57,960,939$37,530,483$135,780,629
58$262,407,924$60,671,122$38,657,851$147,704,722
59$289,039,537$63,510,012$39,818,894$160,768,710
60$318,383,354$66,483,786$41,014,611$175,085,672
61$350,715,886$69,598,922$42,246,031$190,780,079
62$386,341,846$72,862,209$43,514,212$207,988,956
63$425,597,021$76,280,764$44,820,245$226,863,150
64$468,851,446$79,862,050$46,165,251$247,568,734
65$516,512,893$83,613,890$47,550,387$270,288,557
66$569,030,723$87,544,486$48,976,841$295,223,942
67$626,900,129$91,662,437$50,445,836$322,596,565
68$690,666,803$95,976,758$51,958,633$352,650,523
69$760,932,099$100,496,901$53,516,529$385,654,611
70$838,358,700$105,232,776$55,120,860$421,904,834
71$923,676,877$110,194,771$56,772,998$461,727,171
72$1,017,691,384$115,393,780$58,474,359$505,480,622
73$1,121,289,053$120,841,224$60,226,398$553,560,569
74$1,235,447,170$126,549,077$62,030,616$606,402,471
75$1,361,242,693$132,529,894$63,888,553$664,485,947
76$1,499,862,426$138,796,837$65,801,798$728,339,261
77$1,652,614,222$145,363,710$67,771,987$798,544,276
78$1,820,939,324$152,244,983$69,800,800$875,741,906
79$2,006,425,977$159,455,830$71,889,969$960,638,128
80$2,210,824,421$167,012,160$74,041,277$1,054,010,600
81$2,436,063,411$174,930,654$76,256,558$1,156,715,960
82$2,684,268,426$183,228,804$78,537,701$1,269,697,868
83$2,957,781,740$191,924,950$80,886,648$1,393,995,859
84$3,259,184,526$201,038,321$83,305,400$1,530,755,113
85$3,591,321,232$210,589,083$85,796,014$1,681,237,207
86$3,957,326,428$220,598,379$88,360,611$1,846,831,971
87$4,360,654,403$231,088,378$91,001,371$2,029,070,549
88$4,805,111,772$242,082,329$93,720,537$2,229,639,793
89$5,294,893,418$253,604,608$96,520,420$2,450,398,122
90$5,834,622,089$265,680,776$99,403,396$2,693,392,999
91$6,429,392,045$278,337,637$102,371,913$2,960,880,192
92$7,084,817,150$291,603,297$105,428,488$3,255,344,995
93$7,807,083,869$305,507,229$108,575,713$3,579,525,609
94$8,603,009,678$320,080,338$111,816,254$3,936,438,918
95$9,480,107,422$335,355,031$115,152,855$4,329,408,880
96$10,446,656,245$351,365,293$118,588,341$4,762,097,824
97$11,511,779,750$368,146,761$122,125,619$5,238,540,925
98$12,685,532,137$385,736,805$125,767,680$5,763,184,208
99$13,978,993,120$404,174,612$129,517,601$6,340,926,415
100$15,404,372,528$423,501,279$133,378,551$6,977,165,149