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 $2,006 every year, while hoping to spend $55,072 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: 36/48/16 Blend
29$16,600,000$16,600,000$16,600,000$16,600,000
30$18,295,269$17,415,469$17,158,169$18,864,275
31$20,102,790$18,210,231$17,674,372$20,070,873
32$22,092,833$19,042,090$18,206,021$21,367,255
33$24,283,956$19,912,807$18,753,577$22,765,609
34$26,696,610$20,824,225$19,317,512$24,275,055
35$29,353,329$21,778,276$19,898,313$25,905,587
36$32,278,943$22,776,987$20,496,482$27,668,157
37$35,500,815$23,822,478$21,112,533$29,574,776
38$39,049,094$24,916,976$21,746,999$31,638,612
39$42,957,005$26,062,811$22,400,427$33,874,110
40$47,261,156$27,262,426$23,073,378$36,297,118
41$52,001,892$28,518,382$23,766,434$38,925,025
42$57,223,665$29,833,363$24,480,190$41,776,918
43$62,975,463$31,210,182$25,215,260$44,873,749
44$69,311,266$32,651,787$25,972,277$48,238,522
45$76,290,559$34,161,268$26,751,892$51,896,499
46$83,978,890$35,741,865$27,554,775$55,875,428
47$92,448,493$37,396,971$28,381,615$60,205,787
48$101,778,962$39,130,147$29,233,123$64,921,063
49$112,058,013$40,945,120$30,110,029$70,058,054
50$123,382,301$42,845,802$31,013,086$75,657,198
51$135,858,339$44,836,289$31,943,067$81,762,942
52$149,603,500$46,920,879$32,900,771$88,424,146
53$164,747,128$49,104,072$33,887,018$95,694,526
54$181,431,755$51,390,591$34,902,652$103,633,143
55$199,814,446$53,785,382$35,948,543$112,304,946
56$220,068,286$56,293,633$37,025,586$121,781,358
57$242,384,011$58,920,780$38,134,703$132,140,940
58$266,971,805$61,672,523$39,276,840$143,470,102
59$294,063,289$64,554,838$40,452,975$155,863,904
60$323,913,707$67,573,987$41,664,112$169,426,926
61$356,804,330$70,736,537$42,911,284$184,274,231
62$393,045,116$74,049,372$44,195,557$200,532,429
63$432,977,635$77,519,708$45,518,025$218,340,842
64$476,978,292$81,155,112$46,879,817$237,852,793
65$525,461,878$84,963,513$48,282,092$259,237,025
66$578,885,493$88,953,228$49,726,044$282,679,262
67$637,752,851$93,132,974$51,212,905$308,383,932
68$702,619,042$97,511,890$52,743,937$336,576,060
69$774,095,770$102,099,558$54,320,445$367,503,363
70$852,857,125$106,906,024$55,943,767$401,438,546
71$939,645,953$111,941,819$57,615,283$438,681,841
72$1,035,280,858$117,217,987$59,336,414$479,563,801
73$1,140,663,941$122,746,104$61,108,619$524,448,379
74$1,256,789,309$128,538,308$62,933,403$573,736,318
75$1,384,752,459$134,607,326$64,812,314$627,868,887
76$1,525,760,627$140,966,502$66,746,942$687,332,003
77$1,681,144,174$147,629,824$68,738,929$752,660,764
78$1,852,369,157$154,611,962$70,789,960$824,444,448
79$2,041,051,159$161,928,296$72,901,771$903,332,021
80$2,248,970,545$169,594,951$75,076,149$990,038,206
81$2,478,089,273$177,628,836$77,314,932$1,085,350,168
82$2,730,569,408$186,047,678$79,620,011$1,190,134,881
83$3,008,793,540$194,870,067$81,993,334$1,305,347,250
84$3,315,387,275$204,115,493$84,436,904$1,432,039,050
85$3,653,244,019$213,804,395$86,952,783$1,571,368,785
86$4,025,552,299$223,958,201$89,543,092$1,724,612,550
87$4,435,825,862$234,599,381$92,210,014$1,893,175,994
88$4,887,936,846$245,751,497$94,955,795$2,078,607,507
89$5,386,152,338$257,439,254$97,782,748$2,282,612,751
90$5,935,174,657$269,688,558$100,693,250$2,507,070,667
91$6,540,185,748$282,526,573$103,689,750$2,754,051,120
92$7,206,896,104$295,981,784$106,774,766$3,025,834,337
93$7,941,598,675$310,084,060$109,950,889$3,324,932,326
94$8,751,228,282$324,864,722$113,220,787$3,654,112,481
95$9,643,427,085$340,356,612$116,587,202$4,016,423,591
96$10,626,616,733$356,594,170$120,052,957$4,415,224,502
97$11,710,077,866$373,613,511$123,620,958$4,854,215,695
98$12,904,037,742$391,452,507$127,294,194$5,337,474,092
99$14,219,766,780$410,150,868$131,075,738$5,869,491,399
100$15,669,684,973$429,750,241$134,968,756$6,455,216,367