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%18.5%
1 years$1,362,555$1,350,418$1,338,576$1,327,019$1,315,733$1,270,567
2 years$674,532$661,969$649,794$637,990$626,540$581,495
3 years$445,221$432,604$420,460$408,766$397,502$353,995
4 years$330,588$318,010$305,987$294,493$283,502$241,864
5 years$261,826$249,324$237,459$226,199$215,514$175,855
6 years$216,000$203,592$191,902$180,893$170,529$132,881
7 years$183,280$170,976$159,471$148,722$138,686$103,041
8 years$158,751$146,558$135,244$124,759$115,053$81,385
9 years$139,683$127,605$116,486$106,267$96,891$65,157
10 years$124,437$112,478$101,555$91,603$82,556$52,704
11 years$111,972$100,132$89,407$79,722$71,001$42,972
12 years$101,592$89,873$79,347$69,927$61,528$35,257
13 years$92,815$81,219$70,891$61,735$53,654$29,072
14 years$85,299$73,826$63,696$54,802$47,032$24,069
15 years$78,790$67,441$57,509$48,873$41,411$19,991
16 years$73,101$61,876$52,140$43,761$36,599$16,649
17 years$68,087$56,986$47,446$39,319$32,451$13,896
18 years$63,634$52,657$43,312$35,434$28,854$11,620
19 years$59,655$48,802$39,650$32,018$25,718$9,731
20 years$56,078$45,349$36,389$28,998$22,972$8,159
21 years$52,846$42,241$33,470$26,318$20,558$6,848
22 years$49,912$39,431$30,848$23,929$18,427$5,753
23 years$47,237$36,879$28,483$21,793$16,541$4,836
24 years$44,789$34,553$26,342$19,876$14,867$4,068
25 years$42,540$32,426$24,398$18,152$13,378$3,424
26 years$40,467$30,475$22,628$16,597$12,051$2,883
27 years$38,551$28,681$21,012$15,192$10,865$2,428
28 years$36,775$27,026$19,533$13,919$9,804$2,046
29 years$35,124$25,496$18,177$12,764$8,852$1,724
30 years$33,587$24,078$16,932$11,714$7,999$1,453
31 years$32,151$22,762$15,785$10,759$7,232$1,225
32 years$30,808$21,537$14,727$9,887$6,541$1,033
33 years$29,549$20,396$13,751$9,092$5,920$871
34 years$28,367$19,331$12,848$8,366$5,360$735
35 years$27,254$18,335$12,012$7,701$4,855$620
36 years$26,206$17,403$11,237$7,092$4,399$523
37 years$25,216$16,529$10,518$6,535$3,987$441
38 years$24,281$15,708$9,849$6,023$3,614$372
39 years$23,397$14,937$9,228$5,554$3,277$314
40 years$22,558$14,211$8,649$5,123$2,973$265
41 years$21,763$13,528$8,110$4,726$2,697$223
42 years$21,007$12,883$7,608$4,362$2,447$189
43 years$20,288$12,275$7,139$4,026$2,221$159
44 years$19,604$11,701$6,701$3,718$2,016$134
45 years$18,953$11,158$6,292$3,433$1,830$113
46 years$18,331$10,644$5,910$3,171$1,662$96
47 years$17,738$10,158$5,552$2,930$1,509$81
48 years$17,171$9,697$5,217$2,707$1,370$68
49 years$16,629$9,260$4,904$2,502$1,245$57
50 years$16,110$8,846$4,610$2,313$1,130$48

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 $3,879 every year, while hoping to spend $54,383 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: 63/21/16 Blend
29$16,500,000$16,500,000$16,500,000$16,500,000
30$18,187,001$17,312,501$17,056,751$19,260,463
31$19,984,212$18,102,951$17,570,289$20,772,185
32$21,962,916$18,930,309$18,099,208$22,415,787
33$24,141,568$19,796,329$18,643,966$24,209,344
34$26,540,502$20,702,844$19,205,033$26,167,458
35$29,182,128$21,651,777$19,782,896$28,306,189
36$32,091,136$22,645,145$20,378,054$30,643,206
37$35,294,734$23,685,060$20,991,022$33,197,949
38$38,822,904$24,773,735$21,622,328$35,991,809
39$42,708,683$25,913,491$22,272,518$39,048,323
40$46,988,475$27,106,758$22,942,154$42,393,394
41$51,702,397$28,356,086$23,631,813$46,055,530
42$56,894,652$29,664,146$24,342,091$50,066,108
43$62,613,955$31,033,737$25,073,598$54,459,665
44$68,913,981$32,467,793$25,826,967$59,274,218
45$75,853,883$33,969,390$26,602,846$64,551,618
46$83,498,841$35,541,752$27,401,903$70,337,939
47$91,920,682$37,188,257$28,224,826$76,683,906
48$101,198,557$38,912,448$29,072,323$83,645,367
49$111,419,687$40,718,035$29,945,124$91,283,814
50$122,680,187$42,608,911$30,843,978$99,666,959
51$135,085,973$44,589,154$31,769,657$108,869,361
52$148,753,759$46,663,040$32,722,958$118,973,123
53$163,812,164$48,835,050$33,704,698$130,068,663
54$180,402,920$51,109,883$34,715,721$142,255,555
55$198,682,214$53,492,462$35,756,893$155,643,461
56$218,822,158$55,987,952$36,829,108$170,353,159
57$241,012,419$58,601,762$37,933,284$186,517,668
58$265,462,005$61,339,567$39,070,368$204,283,503
59$292,401,237$64,207,314$40,241,333$223,812,037
60$322,083,927$67,211,236$41,447,181$245,281,022
61$354,789,771$70,357,870$42,688,945$268,886,250
62$390,826,990$73,654,068$43,967,687$294,843,391
63$430,535,238$77,107,012$45,284,500$323,390,017
64$474,288,809$80,724,234$46,640,508$354,787,832
65$522,500,173$84,513,626$48,036,870$389,325,127
66$575,623,865$88,483,467$49,474,779$427,319,487
67$634,160,775$92,642,434$50,955,461$469,120,779
68$698,662,884$96,999,623$52,480,178$515,114,430
69$769,738,466$101,564,572$54,050,232$565,725,059
70$848,057,834$106,347,281$55,666,960$621,420,462
71$934,359,669$111,358,233$57,331,738$682,716,012
72$1,029,457,988$116,608,419$59,045,984$750,179,506
73$1,134,249,835$122,109,364$60,811,157$824,436,506
74$1,249,723,745$127,873,151$62,628,758$906,176,221
75$1,376,969,078$133,912,445$64,500,332$996,157,998
76$1,517,186,300$140,240,532$66,427,469$1,095,218,463
77$1,671,698,320$146,871,335$68,411,806$1,204,279,395
78$1,841,962,975$153,819,456$70,455,028$1,324,356,410
79$2,029,586,794$161,100,205$72,558,868$1,456,568,516
80$2,236,340,166$168,729,635$74,725,109$1,602,148,654
81$2,464,174,052$176,724,575$76,955,588$1,762,455,310
82$2,715,238,399$185,102,674$79,252,195$1,938,985,309
83$2,991,902,446$193,882,435$81,616,874$2,133,387,916
84$3,296,777,083$203,083,261$84,051,626$2,347,480,372
85$3,632,739,501$212,725,496$86,558,511$2,583,265,020
86$4,002,960,356$222,830,472$89,139,647$2,842,948,171
87$4,410,933,704$233,420,557$91,797,217$3,128,960,895
88$4,860,509,982$244,519,205$94,533,464$3,443,981,936
89$5,355,932,364$256,151,009$97,350,699$3,790,962,960
90$5,901,876,815$268,341,758$100,251,297$4,173,156,377
91$6,503,496,239$281,118,494$103,237,704$4,594,146,006
92$7,166,469,126$294,509,571$106,312,438$5,057,880,857
93$7,897,053,160$308,544,723$109,478,088$5,568,712,371
94$8,702,144,298$323,255,130$112,737,320$6,131,435,442
95$9,589,341,871$338,673,485$116,092,874$6,751,333,640
96$10,567,020,329$354,834,074$119,547,573$7,434,229,033
97$11,644,408,307$371,772,848$123,104,321$8,186,537,090
98$12,831,675,744$389,527,506$126,766,105$9,015,327,194
99$14,140,029,899$408,137,584$130,535,999$9,928,389,317
100$15,581,821,160$427,644,536$134,417,166$10,934,307,495