Can I retire at age 30 with 16,600,000?

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 $16,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$1,370,812$1,358,602$1,346,689$1,335,061$1,323,707$1,312,616
2 years$678,620$665,981$653,733$641,856$630,337$619,159
3 years$447,919$435,226$423,008$411,244$399,912$388,993
4 years$332,592$319,937$307,842$296,278$285,220$274,645
5 years$263,413$250,835$238,898$227,570$216,820$206,619
6 years$217,309$204,825$193,065$181,989$171,562$161,748
7 years$184,391$172,012$160,438$149,624$139,526$130,104
8 years$159,713$147,446$136,064$125,515$115,750$106,719
9 years$140,529$128,378$117,192$106,911$97,479$88,836
10 years$125,192$113,159$102,171$92,159$83,057$74,798
11 years$112,651$100,739$89,949$80,206$71,431$63,551
12 years$102,207$90,418$79,828$70,351$61,901$54,391
13 years$93,377$81,711$71,321$62,109$53,979$46,830
14 years$85,816$74,273$64,082$55,134$47,318$40,522
15 years$79,268$67,850$57,857$49,170$41,662$35,210
16 years$73,544$62,251$52,456$44,026$36,821$30,702
17 years$68,499$57,331$47,733$39,557$32,648$26,852
18 years$64,020$52,976$43,574$35,649$29,029$23,545
19 years$60,017$49,098$39,890$32,212$25,874$20,691
20 years$56,418$45,624$36,609$29,174$23,111$18,218
21 years$53,167$42,497$33,673$26,477$20,682$16,067
22 years$50,215$39,670$31,035$24,074$18,539$14,190
23 years$47,523$37,102$28,656$21,925$16,641$12,549
24 years$45,060$34,762$26,501$19,996$14,958$11,109
25 years$42,797$32,623$24,546$18,262$13,460$9,845
26 years$40,712$30,660$22,765$16,698$12,124$8,731
27 years$38,785$28,855$21,139$15,284$10,931$7,750
28 years$36,998$27,190$19,652$14,003$9,863$6,883
29 years$35,337$25,650$18,288$12,841$8,906$6,117
30 years$33,790$24,224$17,034$11,785$8,047$5,439
31 years$32,346$22,900$15,880$10,824$7,275$4,838
32 years$30,995$21,668$14,817$9,947$6,581$4,306
33 years$29,728$20,520$13,834$9,147$5,956$3,833
34 years$28,538$19,448$12,926$8,416$5,392$3,414
35 years$27,419$18,446$12,085$7,748$4,884$3,041
36 years$26,365$17,508$11,305$7,135$4,425$2,709
37 years$25,369$16,629$10,582$6,574$4,011$2,415
38 years$24,429$15,803$9,909$6,060$3,636$2,152
39 years$23,538$15,027$9,284$5,587$3,297$1,919
40 years$22,695$14,297$8,702$5,154$2,991$1,711
41 years$21,894$13,610$8,159$4,755$2,713$1,526
42 years$21,134$12,961$7,654$4,388$2,462$1,361
43 years$20,411$12,350$7,182$4,051$2,234$1,214
44 years$19,723$11,772$6,742$3,740$2,028$1,083
45 years$19,067$11,225$6,330$3,454$1,841$966
46 years$18,442$10,709$5,945$3,191$1,672$862
47 years$17,845$10,219$5,586$2,948$1,518$769
48 years$17,275$9,756$5,249$2,724$1,379$687
49 years$16,729$9,316$4,934$2,517$1,252$613
50 years$16,207$8,899$4,638$2,327$1,137$547

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $16,600,000, adding $3,184 every year, while hoping to spend $45,456 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: 69/24/7 Blend
29$16,600,000$16,600,000$16,600,000$16,600,000
30$18,296,484$17,416,684$17,159,384$19,538,223
31$20,114,361$18,221,737$17,685,859$21,165,632
32$22,116,137$19,064,714$18,228,447$22,939,353
33$24,320,524$19,947,425$18,787,640$24,878,343
34$26,748,136$20,871,768$19,363,945$26,998,793
35$29,421,693$21,839,732$19,957,884$29,318,517
36$32,366,228$22,853,401$20,569,996$31,857,113
37$35,609,327$23,914,961$21,200,834$34,636,147
38$39,181,387$25,026,703$21,850,971$37,679,351
39$43,115,904$26,191,026$22,520,993$41,012,842
40$47,449,789$27,410,450$23,211,510$44,665,364
41$52,223,716$28,687,611$23,923,144$48,668,554
42$57,482,507$30,025,275$24,656,541$53,057,236
43$63,275,551$31,426,342$25,412,364$57,869,745
44$69,657,275$32,893,851$26,191,296$63,148,279
45$76,687,655$34,430,988$26,994,042$68,939,297
46$84,432,782$36,041,092$27,821,329$75,293,945
47$92,965,487$37,727,666$28,673,904$82,268,539
48$102,366,024$39,494,380$29,552,538$89,925,084
49$112,722,835$41,345,081$30,458,025$98,331,854
50$124,133,379$43,283,805$31,391,183$107,564,030
51$136,705,052$45,314,779$32,352,855$117,704,401
52$150,556,202$47,442,438$33,343,911$128,844,136
53$165,817,248$49,671,431$34,365,245$141,083,636
54$182,631,906$52,006,630$35,417,780$154,533,476
55$201,158,550$54,453,144$36,502,465$169,315,434
56$221,571,705$57,016,331$37,620,281$185,563,636
57$244,063,694$59,701,806$38,772,235$203,425,807
58$268,846,453$62,515,457$39,959,367$223,064,658
59$296,153,534$65,463,458$41,182,749$244,659,408
60$326,242,306$68,552,279$42,443,483$268,407,465
61$359,396,389$71,788,708$43,742,707$294,526,278
62$395,928,325$75,179,859$45,081,592$323,255,376
63$436,182,534$78,733,192$46,461,345$354,858,613
64$480,538,562$82,456,528$47,883,209$389,626,649
65$529,414,665$86,358,067$49,348,467$427,879,674
66$583,271,757$90,446,409$50,858,437$469,970,419
67$642,617,763$94,730,569$52,414,481$516,287,468
68$708,012,407$99,220,000$54,017,999$567,258,906
69$780,072,506$103,924,613$55,670,435$623,356,349
70$859,477,784$108,854,802$57,373,277$685,099,369
71$946,977,294$114,021,463$59,128,058$753,060,386
72$1,043,396,486$119,436,023$60,936,356$827,870,047
73$1,149,645,003$125,110,463$62,799,799$910,223,161
74$1,266,725,263$131,057,346$64,720,062$1,000,885,231
75$1,395,741,929$137,289,845$66,698,873$1,100,699,663
76$1,537,912,331$143,821,773$68,738,011$1,210,595,697
77$1,694,577,964$150,667,614$70,839,309$1,331,597,158
78$1,867,217,146$157,842,557$73,004,656$1,464,832,091
79$2,057,458,979$165,362,527$75,235,996$1,611,543,383
80$2,267,098,729$173,244,225$77,535,336$1,773,100,469
81$2,498,114,770$181,505,163$79,904,740$1,951,012,222
82$2,752,687,264$190,163,703$82,346,337$2,146,941,173
83$3,033,218,743$199,239,103$84,862,317$2,362,719,167
84$3,342,356,791$208,751,554$87,454,940$2,600,364,619
85$3,683,019,036$218,722,233$90,126,533$2,862,101,537
86$4,058,420,698$229,173,343$92,879,493$3,150,380,475
87$4,472,104,942$240,128,170$95,716,289$3,467,901,624
88$4,927,976,327$251,611,131$98,639,465$3,817,640,266
89$5,430,337,669$263,647,832$101,651,643$4,202,874,813
90$5,983,930,661$276,265,127$104,755,524$4,627,217,711
91$6,593,980,644$289,491,173$107,953,889$5,094,649,494
92$7,266,245,930$303,355,501$111,249,605$5,609,556,311
93$8,007,072,171$317,889,077$114,645,623$6,176,771,281
94$8,823,452,268$333,124,377$118,144,987$6,801,620,060
95$9,723,092,385$349,095,457$121,750,830$7,489,971,064
96$10,714,484,705$365,838,032$125,466,379$8,248,290,805
97$11,806,987,605$383,389,555$129,294,962$9,083,704,876
98$13,010,914,002$401,789,304$133,240,005$10,004,065,152
99$14,337,628,721$421,078,471$137,305,037$11,018,023,844
100$15,799,655,789$441,300,255$141,493,694$12,135,115,111