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%13.1%
1 years$1,362,555$1,350,418$1,338,576$1,327,019$1,315,733$1,298,753
2 years$674,532$661,969$649,794$637,990$626,540$609,457
3 years$445,221$432,604$420,460$408,766$397,502$380,848
4 years$330,588$318,010$305,987$294,493$283,502$267,404
5 years$261,826$249,324$237,459$226,199$215,514$200,019
6 years$216,000$203,592$191,902$180,893$170,529$155,656
7 years$183,280$170,976$159,471$148,722$138,686$124,440
8 years$158,751$146,558$135,244$124,759$115,053$101,433
9 years$139,683$127,605$116,486$106,267$96,891$83,892
10 years$124,437$112,478$101,555$91,603$82,556$70,167
11 years$111,972$100,132$89,407$79,722$71,001$59,212
12 years$101,592$89,873$79,347$69,927$61,528$50,325
13 years$92,815$81,219$70,891$61,735$53,654$43,022
14 years$85,299$73,826$63,696$54,802$47,032$36,956
15 years$78,790$67,441$57,509$48,873$41,411$31,874
16 years$73,101$61,876$52,140$43,761$36,599$27,583
17 years$68,087$56,986$47,446$39,319$32,451$23,939
18 years$63,634$52,657$43,312$35,434$28,854$20,827
19 years$59,655$48,802$39,650$32,018$25,718$18,157
20 years$56,078$45,349$36,389$28,998$22,972$15,858
21 years$52,846$42,241$33,470$26,318$20,558$13,871
22 years$49,912$39,431$30,848$23,929$18,427$12,150
23 years$47,237$36,879$28,483$21,793$16,541$10,655
24 years$44,789$34,553$26,342$19,876$14,867$9,353
25 years$42,540$32,426$24,398$18,152$13,378$8,217
26 years$40,467$30,475$22,628$16,597$12,051$7,225
27 years$38,551$28,681$21,012$15,192$10,865$6,357
28 years$36,775$27,026$19,533$13,919$9,804$5,596
29 years$35,124$25,496$18,177$12,764$8,852$4,929
30 years$33,587$24,078$16,932$11,714$7,999$4,344
31 years$32,151$22,762$15,785$10,759$7,232$3,829
32 years$30,808$21,537$14,727$9,887$6,541$3,377
33 years$29,549$20,396$13,751$9,092$5,920$2,979
34 years$28,367$19,331$12,848$8,366$5,360$2,629
35 years$27,254$18,335$12,012$7,701$4,855$2,320
36 years$26,206$17,403$11,237$7,092$4,399$2,048
37 years$25,216$16,529$10,518$6,535$3,987$1,808
38 years$24,281$15,708$9,849$6,023$3,614$1,597
39 years$23,397$14,937$9,228$5,554$3,277$1,410
40 years$22,558$14,211$8,649$5,123$2,973$1,246
41 years$21,763$13,528$8,110$4,726$2,697$1,101
42 years$21,007$12,883$7,608$4,362$2,447$972
43 years$20,288$12,275$7,139$4,026$2,221$859
44 years$19,604$11,701$6,701$3,718$2,016$759
45 years$18,953$11,158$6,292$3,433$1,830$671
46 years$18,331$10,644$5,910$3,171$1,662$593
47 years$17,738$10,158$5,552$2,930$1,509$524
48 years$17,171$9,697$5,217$2,707$1,370$463
49 years$16,629$9,260$4,904$2,502$1,245$409
50 years$16,110$8,846$4,610$2,313$1,130$362

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 $5,311 every year, while hoping to spend $22,501 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: 41/36/23 Blend
29$16,500,000$16,500,000$16,500,000$16,500,000
30$18,188,478$17,313,978$17,058,228$18,810,827
31$20,019,762$18,138,422$17,605,738$20,081,703
32$22,037,083$19,002,510$18,170,835$21,453,860
33$24,259,392$19,908,160$18,754,085$22,938,647
34$26,707,575$20,857,385$19,356,072$24,546,399
35$29,404,645$21,852,293$19,977,397$26,288,454
36$32,375,962$22,895,099$20,618,683$28,177,254
37$35,649,473$23,988,122$21,280,572$30,226,454
38$39,255,973$25,133,794$21,963,725$32,451,045
39$43,229,400$26,334,667$22,668,827$34,867,485
40$47,607,149$27,593,416$23,396,584$37,493,851
41$52,430,432$28,912,848$24,147,723$40,349,993
42$57,744,662$30,295,903$24,922,997$43,457,720
43$63,599,882$31,745,666$25,723,182$46,840,994
44$70,051,240$33,265,375$26,549,080$50,526,143
45$77,159,509$34,858,420$27,401,516$54,542,103
46$84,991,656$36,528,360$28,281,344$58,920,678
47$93,621,482$38,278,927$29,189,446$63,696,830
48$103,130,312$40,114,032$30,126,731$68,908,999
49$113,607,764$42,037,781$31,094,137$74,599,449
50$125,152,598$44,054,474$32,092,633$80,814,657
51$137,873,646$46,168,627$33,123,219$87,605,736
52$151,890,839$48,384,970$34,186,928$95,028,907
53$167,336,339$50,708,468$35,284,824$103,146,011
54$184,355,788$53,144,325$36,418,008$112,025,079
55$203,109,682$55,698,001$37,587,615$121,740,958
56$223,774,885$58,375,218$38,794,816$132,375,999
57$246,546,302$61,181,983$40,040,820$144,020,819
58$271,638,714$64,124,589$41,326,877$156,775,134
59$299,288,809$67,209,641$42,654,274$170,748,685
60$329,757,418$70,444,063$44,024,342$186,062,251
61$363,331,970$73,835,118$45,438,454$202,848,770
62$400,329,215$77,390,423$46,898,026$221,254,566
63$441,098,207$81,117,965$48,404,521$241,440,715
64$486,023,601$85,026,122$49,959,450$263,584,534
65$535,529,286$89,123,680$51,564,369$287,881,233
66$590,082,387$93,419,854$53,220,889$314,545,730
67$650,197,671$97,924,307$54,930,670$343,814,653
68$716,442,411$102,647,176$56,695,424$375,948,541
69$789,441,738$107,599,089$58,516,923$411,234,276
70$869,884,546$112,791,195$60,396,990$449,987,759
71$958,529,993$118,235,187$62,337,513$492,556,855
72$1,056,214,668$123,943,326$64,340,435$539,324,647
73$1,163,860,490$129,928,475$66,407,765$590,713,009
74$1,282,483,411$136,204,122$68,541,577$647,186,557
75$1,413,203,009$142,784,414$70,744,010$709,256,989
76$1,557,253,054$149,684,188$73,017,272$777,487,875
77$1,715,993,159$156,919,007$75,363,644$852,499,935
78$1,890,921,613$164,505,191$77,785,478$934,976,848
79$2,083,689,531$172,459,858$80,285,205$1,025,671,664
80$2,296,116,434$180,800,962$82,865,330$1,125,413,855
81$2,530,207,434$189,547,333$85,528,442$1,235,117,097
82$2,788,172,160$198,718,720$88,277,214$1,355,787,838
83$3,072,445,622$208,335,838$91,114,401$1,488,534,742
84$3,385,711,193$218,420,412$94,042,851$1,634,579,092
85$3,730,925,949$228,995,227$97,065,502$1,795,266,258
86$4,111,348,586$240,084,184$100,185,386$1,972,078,330
87$4,530,570,180$251,712,347$103,405,635$2,166,648,038
88$4,992,548,094$263,906,007$106,729,479$2,380,774,095
89$5,501,643,337$276,692,739$110,160,254$2,616,438,098
90$6,062,661,738$290,101,464$113,701,403$2,875,823,158
91$6,680,899,316$304,162,516$117,356,480$3,161,334,422
92$7,362,192,278$318,907,711$121,129,154$3,475,621,692
93$8,112,972,121$334,370,419$125,023,212$3,821,604,351
94$8,940,326,349$350,585,642$129,042,561$4,202,498,821
95$9,852,065,387$367,590,089$133,191,237$4,621,848,831
96$10,856,796,319$385,422,265$137,473,406$5,083,558,765
97$11,964,004,143$404,122,556$141,893,365$5,591,930,409
98$13,184,141,326$423,733,321$146,455,553$6,151,703,447
99$14,528,726,477$444,298,990$151,164,549$6,768,100,086
100$16,010,453,099$465,866,163$156,025,084$7,446,874,226