Can I retire at age 30 with 16,500,000?

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 $16,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$1,362,555$1,350,418$1,338,576$1,327,019$1,315,733$1,281,327
2 years$674,532$661,969$649,794$637,990$626,540$592,110
3 years$445,221$432,604$420,460$408,766$397,502$364,127
4 years$330,588$318,010$305,987$294,493$283,502$251,438
5 years$261,826$249,324$237,459$226,199$215,514$184,849
6 years$216,000$203,592$191,902$180,893$170,529$141,294
7 years$183,280$170,976$159,471$148,722$138,686$110,882
8 years$158,751$146,558$135,244$124,759$115,053$88,667
9 years$139,683$127,605$116,486$106,267$96,891$71,900
10 years$124,437$112,478$101,555$91,603$82,556$58,929
11 years$111,972$100,132$89,407$79,722$71,001$48,702
12 years$101,592$89,873$79,347$69,927$61,528$40,517
13 years$92,815$81,219$70,891$61,735$53,654$33,888
14 years$85,299$73,826$63,696$54,802$47,032$28,467
15 years$78,790$67,441$57,509$48,873$41,411$23,998
16 years$73,101$61,876$52,140$43,761$36,599$20,290
17 years$68,087$56,986$47,446$39,319$32,451$17,198
18 years$63,634$52,657$43,312$35,434$28,854$14,606
19 years$59,655$48,802$39,650$32,018$25,718$12,426
20 years$56,078$45,349$36,389$28,998$22,972$10,587
21 years$52,846$42,241$33,470$26,318$20,558$9,032
22 years$49,912$39,431$30,848$23,929$18,427$7,712
23 years$47,237$36,879$28,483$21,793$16,541$6,592
24 years$44,789$34,553$26,342$19,876$14,867$5,638
25 years$42,540$32,426$24,398$18,152$13,378$4,825
26 years$40,467$30,475$22,628$16,597$12,051$4,132
27 years$38,551$28,681$21,012$15,192$10,865$3,540
28 years$36,775$27,026$19,533$13,919$9,804$3,034
29 years$35,124$25,496$18,177$12,764$8,852$2,601
30 years$33,587$24,078$16,932$11,714$7,999$2,231
31 years$32,151$22,762$15,785$10,759$7,232$1,914
32 years$30,808$21,537$14,727$9,887$6,541$1,642
33 years$29,549$20,396$13,751$9,092$5,920$1,409
34 years$28,367$19,331$12,848$8,366$5,360$1,209
35 years$27,254$18,335$12,012$7,701$4,855$1,038
36 years$26,206$17,403$11,237$7,092$4,399$891
37 years$25,216$16,529$10,518$6,535$3,987$765
38 years$24,281$15,708$9,849$6,023$3,614$657
39 years$23,397$14,937$9,228$5,554$3,277$564
40 years$22,558$14,211$8,649$5,123$2,973$485
41 years$21,763$13,528$8,110$4,726$2,697$416
42 years$21,007$12,883$7,608$4,362$2,447$357
43 years$20,288$12,275$7,139$4,026$2,221$307
44 years$19,604$11,701$6,701$3,718$2,016$264
45 years$18,953$11,158$6,292$3,433$1,830$227
46 years$18,331$10,644$5,910$3,171$1,662$195
47 years$17,738$10,158$5,552$2,930$1,509$167
48 years$17,171$9,697$5,217$2,707$1,370$144
49 years$16,629$9,260$4,904$2,502$1,245$123
50 years$16,110$8,846$4,610$2,313$1,130$106

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $16,500,000, adding $5,048 every year, while hoping to spend $36,810 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: 65/5/30 Blend
29$16,500,000$16,500,000$16,500,000$16,500,000
30$18,188,207$17,313,707$17,057,957$19,224,726
31$20,004,239$18,122,913$17,590,233$20,736,521
32$22,004,272$18,970,537$18,139,107$22,383,878
33$24,207,035$19,858,421$18,705,095$24,183,872
34$26,633,169$20,788,499$19,288,731$26,151,554
35$29,305,413$21,762,797$19,890,565$28,303,490
36$32,248,830$22,783,439$20,511,164$30,657,919
37$35,491,035$23,852,652$21,151,112$33,234,920
38$39,062,459$24,972,770$21,811,012$36,056,600
39$42,996,635$26,146,241$22,491,486$39,147,301
40$47,330,516$27,375,631$23,193,175$42,533,824
41$52,104,822$28,663,630$23,916,740$46,245,685
42$57,364,424$30,013,058$24,662,861$50,315,383
43$63,158,771$31,426,874$25,432,243$54,778,712
44$69,542,351$32,908,176$26,225,609$59,675,089
45$76,575,210$34,460,216$27,043,706$65,047,927
46$84,323,517$36,086,401$27,887,305$70,945,040
47$92,860,186$37,790,305$28,757,200$77,419,091
48$102,265,568$39,575,674$29,654,210$84,528,087
49$112,628,210$41,446,436$30,579,179$92,335,920
50$124,045,685$43,406,709$31,532,979$100,912,970
51$136,625,518$45,460,811$32,516,508$110,336,760
52$150,486,201$47,613,270$33,530,690$120,692,692
53$165,758,306$49,868,834$34,576,482$132,074,839
54$182,585,726$52,232,479$35,654,866$144,586,839
55$201,127,025$54,709,425$36,766,859$158,342,859
56$221,556,939$57,305,145$37,913,506$173,468,674
57$244,068,026$60,025,376$39,095,888$190,102,850
58$268,872,480$62,876,135$40,315,116$208,398,042
59$296,204,138$65,863,731$41,572,337$228,522,435
60$326,320,686$68,994,779$42,868,736$250,661,321
61$359,506,088$72,276,216$44,205,531$275,018,849
62$396,073,274$75,715,315$45,583,981$301,819,940
63$436,367,086$79,319,703$47,005,382$331,312,407
64$480,767,538$83,097,378$48,471,072$363,769,289
65$529,693,403$87,056,726$49,982,429$399,491,421
66$583,606,165$91,206,540$51,540,875$438,810,265
67$643,014,376$95,556,043$53,147,877$482,091,037
68$708,478,456$100,114,903$54,804,945$529,736,141
69$780,615,986$104,893,260$56,513,638$582,188,965
70$860,107,535$109,901,748$58,275,563$639,938,057
71$947,703,086$115,151,517$60,092,377$703,521,730
72$1,044,229,118$120,654,258$61,965,789$773,533,133
73$1,150,596,405$126,422,234$63,897,560$850,625,844
74$1,267,808,617$132,468,302$65,889,507$935,520,028
75$1,396,971,793$138,805,946$67,943,502$1,029,009,231
76$1,539,304,784$145,449,306$70,061,478$1,131,967,855
77$1,696,150,759$152,413,208$72,245,424$1,245,359,409
78$1,868,989,885$159,713,204$74,497,395$1,370,245,588
79$2,059,453,303$167,365,600$76,819,506$1,507,796,290
80$2,269,338,522$175,387,497$79,213,942$1,659,300,646
81$2,500,626,394$183,796,827$81,682,952$1,826,179,179
82$2,755,499,812$192,612,398$84,228,857$2,009,997,202
83$3,036,364,319$201,853,932$86,854,050$2,212,479,581
84$3,345,870,817$211,542,112$89,560,998$2,435,527,007
85$3,686,940,594$221,698,629$92,352,245$2,681,233,927
86$4,062,792,903$232,346,230$95,230,414$2,951,908,298
87$4,476,975,356$243,508,772$98,198,209$3,250,093,364
88$4,933,397,412$255,211,271$101,258,418$3,578,591,649
89$5,436,367,290$267,479,966$104,413,918$3,940,491,398
90$5,990,632,642$280,342,373$107,667,673$4,339,195,717
91$6,601,425,370$293,827,347$111,022,738$4,778,454,679
92$7,274,511,025$307,965,154$114,482,267$5,262,400,713
93$8,016,243,235$322,787,532$118,049,508$5,795,587,597
94$8,833,623,690$338,327,767$121,727,812$6,383,033,426
95$9,734,368,247$354,620,768$125,520,635$7,030,267,970
96$10,726,979,770$371,703,147$129,431,537$7,743,384,858
97$11,820,828,406$389,613,301$133,464,193$8,529,099,078
98$13,026,240,048$408,391,498$137,622,389$9,394,810,355
99$14,354,593,824$428,079,971$141,910,029$10,348,672,984
100$15,818,429,518$448,723,015$146,331,140$11,399,672,787