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%14.7%
1 years$1,362,555$1,350,418$1,338,576$1,327,019$1,315,733$1,290,223
2 years$674,532$661,969$649,794$637,990$626,540$600,942
3 years$445,221$432,604$420,460$408,766$397,502$372,616
4 years$330,588$318,010$305,987$294,493$283,502$259,518
5 years$261,826$249,324$237,459$226,199$215,514$192,501
6 years$216,000$203,592$191,902$180,893$170,529$148,512
7 years$183,280$170,976$159,471$148,722$138,686$117,670
8 years$158,751$146,558$135,244$124,759$115,053$95,033
9 years$139,683$127,605$116,486$106,267$96,891$77,854
10 years$124,437$112,478$101,555$91,603$82,556$64,484
11 years$111,972$100,132$89,407$79,722$71,001$53,872
12 years$101,592$89,873$79,347$69,927$61,528$45,318
13 years$92,815$81,219$70,891$61,735$53,654$38,336
14 years$85,299$73,826$63,696$54,802$47,032$32,579
15 years$78,790$67,441$57,509$48,873$41,411$27,792
16 years$73,101$61,876$52,140$43,761$36,599$23,783
17 years$68,087$56,986$47,446$39,319$32,451$20,407
18 years$63,634$52,657$43,312$35,434$28,854$17,550
19 years$59,655$48,802$39,650$32,018$25,718$15,121
20 years$56,078$45,349$36,389$28,998$22,972$13,050
21 years$52,846$42,241$33,470$26,318$20,558$11,278
22 years$49,912$39,431$30,848$23,929$18,427$9,758
23 years$47,237$36,879$28,483$21,793$16,541$8,452
24 years$44,789$34,553$26,342$19,876$14,867$7,327
25 years$42,540$32,426$24,398$18,152$13,378$6,356
26 years$40,467$30,475$22,628$16,597$12,051$5,518
27 years$38,551$28,681$21,012$15,192$10,865$4,793
28 years$36,775$27,026$19,533$13,919$9,804$4,165
29 years$35,124$25,496$18,177$12,764$8,852$3,621
30 years$33,587$24,078$16,932$11,714$7,999$3,149
31 years$32,151$22,762$15,785$10,759$7,232$2,740
32 years$30,808$21,537$14,727$9,887$6,541$2,384
33 years$29,549$20,396$13,751$9,092$5,920$2,075
34 years$28,367$19,331$12,848$8,366$5,360$1,807
35 years$27,254$18,335$12,012$7,701$4,855$1,573
36 years$26,206$17,403$11,237$7,092$4,399$1,370
37 years$25,216$16,529$10,518$6,535$3,987$1,194
38 years$24,281$15,708$9,849$6,023$3,614$1,040
39 years$23,397$14,937$9,228$5,554$3,277$906
40 years$22,558$14,211$8,649$5,123$2,973$789
41 years$21,763$13,528$8,110$4,726$2,697$688
42 years$21,007$12,883$7,608$4,362$2,447$599
43 years$20,288$12,275$7,139$4,026$2,221$522
44 years$19,604$11,701$6,701$3,718$2,016$455
45 years$18,953$11,158$6,292$3,433$1,830$397
46 years$18,331$10,644$5,910$3,171$1,662$346
47 years$17,738$10,158$5,552$2,930$1,509$301
48 years$17,171$9,697$5,217$2,707$1,370$263
49 years$16,629$9,260$4,904$2,502$1,245$229
50 years$16,110$8,846$4,610$2,313$1,130$200

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 $4,346 every year, while hoping to spend $21,920 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: 63/8/29 Blend
29$16,500,000$16,500,000$16,500,000$16,500,000
30$18,187,483$17,312,983$17,057,233$19,191,707
31$20,019,283$18,137,996$17,605,327$20,699,126
32$22,037,193$19,002,701$18,171,049$22,342,258
33$24,260,171$19,909,018$18,754,964$24,136,708
34$26,709,112$20,858,963$19,357,658$26,097,327
35$29,407,038$21,854,649$19,979,736$28,240,456
36$32,379,321$22,898,292$20,621,823$30,584,083
37$35,653,919$23,992,215$21,284,561$33,148,007
38$39,261,642$25,138,856$21,968,616$35,954,021
39$43,236,439$26,340,770$22,674,674$39,026,116
40$47,615,723$27,600,636$23,403,444$42,390,702
41$52,440,724$28,921,263$24,155,656$46,076,859
42$57,756,873$30,305,600$24,932,065$50,116,602
43$63,614,235$31,756,736$25,733,451$54,545,181
44$70,067,983$33,277,912$26,560,617$59,401,414
45$77,178,913$34,872,526$27,414,394$64,728,044
46$85,014,025$36,544,142$28,295,639$70,572,141
47$93,647,147$38,296,497$29,205,235$76,985,541
48$103,159,642$40,133,511$30,144,096$84,025,333
49$113,641,166$42,059,294$31,113,164$91,754,389
50$125,190,522$44,078,156$32,113,412$100,241,957
51$137,916,588$46,194,618$33,145,843$109,564,307
52$151,939,346$48,413,421$34,211,496$119,805,448
53$167,391,017$50,739,536$35,311,438$131,057,911
54$184,417,305$53,178,177$36,446,775$143,423,623
55$203,178,774$55,734,813$37,618,647$157,014,858
56$223,852,367$58,415,177$38,828,230$171,955,294
57$246,633,072$61,225,283$40,076,738$188,381,171
58$271,735,763$64,171,440$41,365,426$206,442,574
59$299,397,230$67,260,260$42,695,588$226,304,840
60$329,878,417$70,498,682$44,068,560$248,150,114
61$363,466,879$73,893,981$45,485,720$272,179,058
62$400,479,502$77,453,787$46,948,492$298,612,740
63$441,265,490$81,186,102$48,458,346$327,694,711
64$486,209,667$85,099,318$50,016,798$359,693,298
65$535,736,106$89,202,237$51,625,413$394,904,126
66$590,312,133$93,504,091$53,285,809$433,652,900
67$650,452,739$98,014,560$54,999,652$476,298,470
68$716,725,443$102,743,798$56,768,665$523,236,209
69$789,755,649$107,702,454$58,594,626$574,901,738
70$870,232,548$112,901,698$60,479,368$631,775,023
71$958,915,628$118,353,241$62,424,788$694,384,895
72$1,056,641,842$124,069,370$64,432,838$763,314,034
73$1,164,333,510$130,062,969$66,505,539$839,204,458
74$1,283,007,026$136,347,552$68,644,971$922,763,566
75$1,413,782,452$142,937,292$70,853,288$1,014,770,807
76$1,557,894,096$149,847,053$73,132,707$1,116,085,024
77$1,716,702,162$157,092,427$75,485,520$1,227,652,548
78$1,891,705,590$164,689,763$77,914,093$1,350,516,115
79$2,084,556,212$172,656,214$80,420,867$1,485,824,696
80$2,297,074,342$181,009,765$83,008,363$1,634,844,328
81$2,531,265,964$189,769,282$85,679,181$1,798,970,048
82$2,789,341,667$198,954,551$88,436,009$1,979,739,045
83$3,073,737,519$208,586,326$91,281,617$2,178,845,158
84$3,387,138,062$218,686,373$94,218,867$2,398,154,840
85$3,732,501,659$229,277,520$97,250,714$2,639,724,766
86$4,113,088,422$240,383,712$100,380,207$2,905,821,225
87$4,532,490,990$252,030,062$103,610,492$3,198,941,493
88$4,994,668,447$264,242,912$106,944,820$3,521,837,391
89$5,503,983,702$277,049,888$110,386,545$3,877,541,232
90$6,065,244,673$290,479,966$113,939,128$4,269,394,435
91$6,683,749,685$304,563,539$117,606,143$4,701,079,033
92$7,365,337,484$319,332,484$121,391,280$5,176,652,419
93$8,116,442,367$334,820,235$125,298,348$5,700,585,613
94$8,944,154,922$351,061,860$129,331,276$6,277,805,449
95$9,856,288,974$368,094,141$133,494,124$6,913,741,057
96$10,861,455,352$385,955,657$137,791,080$7,614,375,084
97$11,969,143,185$404,686,871$142,226,468$8,386,300,145
98$13,189,809,488$424,330,226$146,804,753$9,236,781,026
99$14,534,977,885$444,930,236$151,530,541$10,173,823,237
100$16,017,347,405$466,533,594$156,408,591$11,206,248,550