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%13.5%
1 years$1,346,039$1,334,049$1,322,351$1,310,934$1,299,785$1,280,890
2 years$666,356$653,946$641,918$630,257$618,945$599,948
3 years$439,824$427,361$415,363$403,811$392,684$374,176
4 years$326,581$314,155$302,278$290,923$280,066$262,189
5 years$258,653$246,302$234,580$223,457$212,901$195,709
6 years$213,382$201,124$189,576$178,700$168,462$151,972
7 years$181,058$168,903$157,538$146,919$137,004$121,224
8 years$156,827$144,781$133,605$123,247$113,658$98,585
9 years$137,990$126,058$115,074$104,979$95,717$81,343
10 years$122,929$111,114$100,324$90,493$81,556$67,870
11 years$110,615$98,918$88,324$78,756$70,140$57,131
12 years$100,360$88,784$78,385$69,080$60,782$48,432
13 years$91,690$80,235$70,032$60,987$53,003$41,296
14 years$84,265$72,931$62,924$54,137$46,462$35,379
15 years$77,835$66,624$56,812$48,281$40,909$30,430
16 years$72,215$61,126$51,508$43,230$36,156$26,261
17 years$67,261$56,295$46,870$38,842$32,058$22,727
18 years$62,863$52,019$42,787$35,005$28,505$19,716
19 years$58,932$48,211$39,169$31,630$25,407$17,138
20 years$55,399$44,800$35,948$28,647$22,694$14,924
21 years$52,206$41,729$33,065$25,999$20,308$13,015
22 years$49,307$38,953$30,474$23,639$18,204$11,365
23 years$46,665$36,432$28,138$21,528$16,341$9,936
24 years$44,246$34,134$26,023$19,635$14,687$8,695
25 years$42,024$32,033$24,102$17,932$13,216$7,615
26 years$39,976$30,106$22,353$16,396$11,905$6,674
27 years$38,084$28,333$20,757$15,008$10,733$5,853
28 years$36,329$26,698$19,296$13,750$9,685$5,137
29 years$34,699$25,187$17,957$12,609$8,745$4,510
30 years$33,180$23,786$16,726$11,572$7,902$3,961
31 years$31,762$22,486$15,593$10,628$7,144$3,480
32 years$30,435$21,276$14,549$9,768$6,462$3,059
33 years$29,191$20,149$13,584$8,982$5,848$2,690
34 years$28,023$19,097$12,692$8,264$5,295$2,365
35 years$26,924$18,113$11,867$7,608$4,796$2,081
36 years$25,888$17,192$11,101$7,007$4,345$1,830
37 years$24,911$16,328$10,390$6,456$3,938$1,611
38 years$23,987$15,518$9,730$5,950$3,570$1,418
39 years$23,113$14,756$9,116$5,486$3,238$1,248
40 years$22,285$14,039$8,544$5,060$2,937$1,098
41 years$21,499$13,364$8,012$4,669$2,664$967
42 years$20,752$12,727$7,515$4,309$2,418$851
43 years$20,042$12,126$7,052$3,978$2,194$750
44 years$19,367$11,559$6,620$3,673$1,992$660
45 years$18,723$11,023$6,216$3,392$1,808$581
46 years$18,109$10,515$5,838$3,133$1,642$512
47 years$17,523$10,035$5,485$2,895$1,491$451
48 years$16,963$9,579$5,154$2,675$1,354$397
49 years$16,427$9,148$4,845$2,472$1,229$350
50 years$15,914$8,738$4,555$2,285$1,117$308

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 $2,837 every year, while hoping to spend $33,654 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: 79/16/5 Blend
29$16,300,000$16,300,000$16,300,000$16,300,000
30$17,965,526$17,101,626$16,848,976$19,381,172
31$19,762,202$17,903,798$17,377,609$21,110,766
32$21,741,012$18,744,149$17,922,824$23,002,797
33$23,920,496$19,624,513$18,485,139$25,077,136
34$26,321,087$20,546,815$19,065,093$27,351,919
35$28,965,301$21,513,072$19,663,236$29,847,116
36$31,877,948$22,525,399$20,280,141$32,584,710
37$35,086,367$23,586,012$20,916,394$35,588,907
38$38,620,687$24,697,237$21,572,604$38,886,355
39$42,514,106$25,861,511$22,249,395$42,506,398
40$46,803,208$27,081,388$22,947,413$46,481,349
41$51,528,308$28,359,548$23,667,323$50,846,789
42$56,733,829$29,698,800$24,409,813$55,641,898
43$62,468,727$31,102,089$25,175,589$60,909,828
44$68,786,948$32,572,502$25,965,382$66,698,099
45$75,747,940$34,113,278$26,779,945$73,059,048
46$83,417,212$35,727,810$27,620,055$80,050,315
47$91,866,953$37,419,659$28,486,513$87,735,387
48$101,176,715$39,192,555$29,380,144$96,184,188
49$111,434,162$41,050,412$30,301,801$105,473,738
50$122,735,898$42,997,333$31,252,362$115,688,872
51$135,188,377$45,037,620$32,232,734$126,923,036
52$148,908,911$47,175,784$33,243,851$139,279,167
53$164,026,777$49,416,554$34,286,676$152,870,653
54$180,684,434$51,764,890$35,362,205$167,822,399
55$199,038,869$54,225,993$36,471,463$184,272,003
56$219,263,083$56,805,316$37,615,506$202,371,045
57$241,547,717$59,508,576$38,795,425$222,286,510
58$266,102,858$62,341,770$40,012,345$244,202,360
59$293,160,017$65,311,184$41,267,426$268,321,259
60$322,974,319$68,423,412$42,561,865$294,866,482
61$355,826,906$71,685,366$43,896,894$324,084,012
62$392,027,598$75,104,296$45,273,787$356,244,852
63$431,917,809$78,687,804$46,693,856$391,647,576
64$475,873,780$82,443,860$48,158,455$430,621,139
65$524,310,121$86,380,825$49,668,978$473,527,967
66$577,683,731$90,507,463$51,226,866$520,767,375
67$636,498,109$94,832,966$52,833,604$572,779,318
68$701,308,109$99,366,974$54,490,722$630,048,538
69$772,725,175$104,119,595$56,199,801$693,109,124
70$851,423,117$109,101,429$57,962,468$762,549,546
71$938,144,468$114,323,593$59,780,404$839,018,190
72$1,033,707,497$119,797,742$61,655,341$923,229,472
73$1,139,013,933$125,536,102$63,589,066$1,015,970,562
74$1,255,057,475$131,551,492$65,583,420$1,118,108,804
75$1,382,933,178$137,857,356$67,640,306$1,230,599,885
76$1,523,847,788$144,467,792$69,761,682$1,354,496,842
77$1,679,131,134$151,397,586$71,949,570$1,490,959,983
78$1,850,248,684$158,662,242$74,206,055$1,641,267,827
79$2,038,815,379$166,278,020$76,533,286$1,806,829,148
80$2,246,610,878$174,261,974$78,933,482$1,989,196,261
81$2,475,596,363$182,631,986$81,408,929$2,190,079,650
82$2,727,933,049$191,406,810$83,961,985$2,411,364,097
83$3,006,002,591$200,606,115$86,595,083$2,655,126,451
84$3,312,429,568$210,250,528$89,310,731$2,923,655,208
85$3,650,106,261$220,361,681$92,111,517$3,219,472,095
86$4,022,219,956$230,962,259$95,000,110$3,545,355,847
87$4,432,283,038$242,076,056$97,979,260$3,904,368,412
88$4,884,166,148$253,728,024$101,051,805$4,299,883,827
89$5,382,134,729$265,944,330$104,220,674$4,735,620,045
90$5,930,889,289$278,752,420$107,488,884$5,215,673,999
91$6,535,609,783$292,181,076$110,859,549$5,744,560,245
92$7,202,004,517$306,260,484$114,335,880$6,327,253,553
93$7,936,364,033$321,022,304$117,921,187$6,969,235,829
94$8,745,620,504$336,499,736$121,618,887$7,676,547,834
95$9,637,413,177$352,727,604$125,432,501$8,455,846,170
96$10,620,160,493$369,742,428$129,365,661$9,314,466,081
97$11,703,139,566$387,582,511$133,422,114$10,260,490,663
98$12,896,573,771$406,288,023$137,605,724$11,302,827,121
99$14,211,729,254$425,901,094$141,920,474$12,451,290,816
100$15,661,021,302$446,465,913$146,370,475$13,716,697,878