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

Use the below retirement simulation to view the chances of a successful retirement.
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%13.2%
1 years$1,370,812$1,358,602$1,346,689$1,335,061$1,323,707$1,306,084
2 years$678,620$665,981$653,733$641,856$630,337$612,610
3 years$447,919$435,226$423,008$411,244$399,912$382,632
4 years$332,592$319,937$307,842$296,278$285,220$268,521
5 years$263,413$250,835$238,898$227,570$216,820$200,749
6 years$217,309$204,825$193,065$181,989$171,562$156,140
7 years$184,391$172,012$160,438$149,624$139,526$124,757
8 years$159,713$147,446$136,064$125,515$115,750$101,634
9 years$140,529$128,378$117,192$106,911$97,479$84,007
10 years$125,192$113,159$102,171$92,159$83,057$70,222
11 years$112,651$100,739$89,949$80,206$71,431$59,220
12 years$102,207$90,418$79,828$70,351$61,901$50,300
13 years$93,377$81,711$71,321$62,109$53,979$42,973
14 years$85,816$74,273$64,082$55,134$47,318$36,890
15 years$79,268$67,850$57,857$49,170$41,662$31,795
16 years$73,544$62,251$52,456$44,026$36,821$27,496
17 years$68,499$57,331$47,733$39,557$32,648$23,846
18 years$64,020$52,976$43,574$35,649$29,029$20,731
19 years$60,017$49,098$39,890$32,212$25,874$18,061
20 years$56,418$45,624$36,609$29,174$23,111$15,762
21 years$53,167$42,497$33,673$26,477$20,682$13,777
22 years$50,215$39,670$31,035$24,074$18,539$12,058
23 years$47,523$37,102$28,656$21,925$16,641$10,566
24 years$45,060$34,762$26,501$19,996$14,958$9,268
25 years$42,797$32,623$24,546$18,262$13,460$8,136
26 years$40,712$30,660$22,765$16,698$12,124$7,148
27 years$38,785$28,855$21,139$15,284$10,931$6,284
28 years$36,998$27,190$19,652$14,003$9,863$5,528
29 years$35,337$25,650$18,288$12,841$8,906$4,865
30 years$33,790$24,224$17,034$11,785$8,047$4,284
31 years$32,346$22,900$15,880$10,824$7,275$3,773
32 years$30,995$21,668$14,817$9,947$6,581$3,325
33 years$29,728$20,520$13,834$9,147$5,956$2,930
34 years$28,538$19,448$12,926$8,416$5,392$2,584
35 years$27,419$18,446$12,085$7,748$4,884$2,278
36 years$26,365$17,508$11,305$7,135$4,425$2,010
37 years$25,369$16,629$10,582$6,574$4,011$1,773
38 years$24,429$15,803$9,909$6,060$3,636$1,564
39 years$23,538$15,027$9,284$5,587$3,297$1,380
40 years$22,695$14,297$8,702$5,154$2,991$1,218
41 years$21,894$13,610$8,159$4,755$2,713$1,075
42 years$21,134$12,961$7,654$4,388$2,462$949
43 years$20,411$12,350$7,182$4,051$2,234$838
44 years$19,723$11,772$6,742$3,740$2,028$740
45 years$19,067$11,225$6,330$3,454$1,841$653
46 years$18,442$10,709$5,945$3,191$1,672$577
47 years$17,845$10,219$5,586$2,948$1,518$509
48 years$17,275$9,756$5,249$2,724$1,379$450
49 years$16,729$9,316$4,934$2,517$1,252$397
50 years$16,207$8,899$4,638$2,327$1,137$351

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 $6,630 every year, while hoping to spend $39,872 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: 31/45/24 Blend
29$16,600,000$16,600,000$16,600,000$16,600,000
30$18,300,039$17,420,239$17,162,939$18,731,556
31$20,124,219$18,231,407$17,695,474$19,872,775
32$22,133,130$19,080,986$18,244,512$21,096,369
33$24,345,571$19,970,816$18,810,565$22,412,716
34$26,782,259$20,902,826$19,394,159$23,829,935
35$29,466,023$21,879,038$19,995,837$25,356,913
36$32,422,017$22,901,571$20,616,157$27,003,385
37$35,677,963$23,972,648$21,255,699$28,780,011
38$39,264,405$25,094,598$21,915,055$30,698,474
39$43,215,005$26,269,863$22,594,839$32,771,578
40$47,566,852$27,501,004$23,295,683$35,013,359
41$52,360,822$28,790,703$24,018,239$37,439,209
42$57,641,954$30,141,776$24,763,179$40,066,011
43$63,459,882$31,557,172$25,531,194$42,912,283
44$69,869,300$33,039,983$26,322,999$45,998,349
45$76,930,478$34,593,452$27,139,329$49,346,510
46$84,709,834$36,220,978$27,980,943$52,981,248
47$93,280,556$37,926,125$28,848,624$56,929,444
48$102,723,297$39,712,629$29,743,177$61,220,612
49$113,126,933$41,584,408$30,665,434$65,887,172
50$124,589,405$43,545,569$31,616,250$70,964,732
51$137,218,640$45,600,417$32,596,510$76,492,415
52$151,133,572$47,753,468$33,607,124$82,513,208
53$166,465,263$50,009,456$34,649,030$89,074,352
54$183,358,144$52,373,343$35,723,196$96,227,770
55$201,971,371$54,850,334$36,830,620$104,030,538
56$222,480,335$57,445,883$37,972,329$112,545,402
57$245,078,311$60,165,714$39,149,384$121,841,354
58$269,978,287$63,015,822$40,362,877$131,994,258
59$297,414,974$66,002,499$41,613,935$143,087,542
60$327,647,018$69,132,338$42,903,719$155,212,968
61$360,959,446$72,412,255$44,233,425$168,471,468
62$397,666,353$75,849,499$45,604,289$182,974,070
63$438,113,869$79,451,673$47,017,581$198,842,926
64$482,683,427$83,226,748$48,474,613$216,212,427
65$531,795,361$87,183,083$49,976,737$235,230,450
66$585,912,876$91,329,442$51,525,346$256,059,718
67$645,546,421$95,675,017$53,121,877$278,879,306
68$711,258,506$100,229,443$54,767,810$303,886,294
69$783,669,014$105,002,826$56,464,672$331,297,597
70$863,461,052$110,005,762$58,214,036$361,351,969
71$951,387,397$115,249,363$60,017,525$394,312,223
72$1,048,277,610$120,745,279$61,876,810$430,467,667
73$1,155,045,858$126,505,730$63,793,615$470,136,795
74$1,272,699,551$132,543,526$65,769,716$513,670,247
75$1,402,348,850$138,872,104$67,806,947$561,454,073
76$1,545,217,146$145,505,551$69,907,193$613,913,327
77$1,702,652,614$152,458,641$72,072,403$671,516,029
78$1,876,140,933$159,746,868$74,304,581$734,777,529
79$2,067,319,321$167,386,476$76,605,797$804,265,315
80$2,277,991,982$175,394,504$78,978,182$880,604,311
81$2,510,147,147$183,788,817$81,423,933$964,482,715
82$2,765,975,838$192,588,151$83,945,317$1,056,658,431
83$3,047,892,556$201,812,154$86,544,668$1,157,966,154
84$3,358,558,076$211,481,428$89,224,393$1,269,325,183
85$3,700,904,564$221,617,583$91,986,975$1,391,748,019
86$4,078,163,261$232,243,276$94,834,970$1,526,349,851
87$4,493,894,987$243,382,270$97,771,015$1,674,358,996
88$4,952,023,761$255,059,486$100,797,829$1,837,128,417
89$5,456,873,841$267,301,058$103,918,213$2,016,148,399
90$6,013,210,555$280,134,392$107,135,055$2,213,060,526
91$6,626,285,284$293,588,230$110,451,332$2,429,673,082
92$7,301,885,045$307,692,714$113,870,113$2,667,978,019
93$8,046,387,118$322,479,456$117,394,561$2,930,169,650
94$8,866,819,262$337,981,607$121,027,937$3,218,665,256
95$9,770,926,055$354,233,934$124,773,601$3,536,127,786
96$10,767,242,015$371,272,899$128,635,019$3,885,490,874
97$11,865,172,170$389,136,740$132,615,761$4,269,986,402
98$13,075,080,852$407,865,561$136,719,510$4,693,174,878
99$14,408,389,544$427,501,420$140,950,059$5,158,978,905
100$15,877,684,713$448,088,425$145,311,321$5,671,720,063