Can I retire at age 30 with 16,700,000?

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 $16,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$1,379,070$1,366,786$1,354,802$1,343,104$1,331,681$1,315,586
2 years$682,708$669,993$657,671$645,723$634,134$617,936
3 years$450,618$437,848$425,556$413,721$402,321$386,523
4 years$334,595$321,865$309,696$298,063$286,938$271,663
5 years$265,000$252,346$240,337$228,941$218,126$203,417
6 years$218,618$206,059$194,228$183,086$172,596$158,472
7 years$185,501$173,048$161,404$150,525$140,367$126,832
8 years$160,675$148,334$136,884$126,272$116,448$103,502
9 years$141,376$129,152$117,898$107,555$98,066$85,704
10 years$125,946$113,841$102,786$92,714$83,557$71,770
11 years$113,329$101,346$90,491$80,689$71,862$60,639
12 years$102,823$90,963$80,309$70,775$62,274$51,604
13 years$93,940$82,204$71,750$62,484$54,304$44,173
14 years$86,333$74,721$64,468$55,466$47,603$37,996
15 years$79,745$68,259$58,206$49,466$41,913$32,815
16 years$73,987$62,626$52,772$44,291$37,043$28,437
17 years$68,912$57,676$48,021$39,795$32,845$24,715
18 years$64,405$53,296$43,837$35,864$29,204$21,533
19 years$60,378$49,394$40,130$32,406$26,030$18,800
20 years$56,758$45,899$36,830$29,350$23,251$16,443
21 years$53,487$42,753$33,876$26,637$20,807$14,405
22 years$50,517$39,909$31,222$24,219$18,650$12,637
23 years$47,810$37,326$28,828$22,057$16,742$11,098
24 years$45,332$34,972$26,661$20,117$15,048$9,757
25 years$43,055$32,819$24,694$18,372$13,541$8,586
26 years$40,957$30,845$22,902$16,798$12,197$7,561
27 years$39,018$29,029$21,267$15,376$10,997$6,663
28 years$37,221$27,353$19,770$14,088$9,922$5,876
29 years$35,550$25,805$18,398$12,919$8,960$5,184
30 years$33,994$24,370$17,137$11,856$8,096$4,576
31 years$32,541$23,038$15,976$10,889$7,319$4,040
32 years$31,182$21,798$14,906$10,007$6,621$3,569
33 years$29,907$20,643$13,918$9,202$5,992$3,154
34 years$28,710$19,565$13,004$8,467$5,425$2,787
35 years$27,584$18,557$12,158$7,794$4,914$2,464
36 years$26,523$17,614$11,373$7,178$4,452$2,179
37 years$25,522$16,729$10,645$6,614$4,035$1,927
38 years$24,576$15,898$9,969$6,096$3,658$1,705
39 years$23,680$15,118$9,340$5,621$3,317$1,508
40 years$22,832$14,383$8,754$5,185$3,009$1,335
41 years$22,026$13,692$8,209$4,783$2,730$1,181
42 years$21,262$13,039$7,700$4,415$2,477$1,045
43 years$20,534$12,424$7,225$4,075$2,248$925
44 years$19,842$11,843$6,782$3,763$2,040$819
45 years$19,182$11,293$6,368$3,475$1,852$725
46 years$18,553$10,773$5,981$3,210$1,682$642
47 years$17,953$10,281$5,619$2,966$1,527$568
48 years$17,379$9,814$5,281$2,740$1,387$503
49 years$16,830$9,372$4,963$2,533$1,260$445
50 years$16,305$8,953$4,666$2,341$1,144$394

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $16,700,000, adding $2,818 every year, while hoping to spend $20,106 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: 47/46/7 Blend
29$16,700,000$16,700,000$16,700,000$16,700,000
30$18,406,307$17,521,207$17,262,357$19,236,679
31$20,262,357$18,358,353$17,819,253$20,644,017
32$22,307,051$19,235,846$18,394,132$22,168,110
33$24,559,609$20,155,641$18,987,573$23,821,621
34$27,041,211$21,119,789$19,600,179$25,616,552
35$29,775,196$22,130,440$20,232,566$27,566,076
36$32,787,285$23,189,851$20,885,376$29,684,649
37$36,105,820$24,300,386$21,559,268$31,988,138
38$39,762,034$25,464,525$22,254,924$34,493,968
39$43,790,345$26,684,870$22,973,047$37,221,270
40$48,228,679$27,964,148$23,714,364$40,191,057
41$53,118,833$29,305,220$24,479,624$43,426,412
42$58,506,864$30,711,085$25,269,601$46,952,693
43$64,443,526$32,184,890$26,085,095$50,797,763
44$70,984,750$33,729,934$26,926,929$54,992,244
45$78,192,170$35,349,677$27,795,957$59,569,789
46$86,133,707$37,047,746$28,693,057$64,567,392
47$94,884,207$38,827,948$29,619,137$70,025,720
48$104,526,152$40,694,273$30,575,134$75,989,487
49$115,150,433$42,650,907$31,562,015$82,507,861
50$126,857,214$44,702,237$32,580,778$89,634,908
51$139,756,871$46,852,868$33,632,456$97,430,094
52$153,971,040$49,107,627$34,718,112$105,958,825
53$169,633,763$51,471,577$35,838,844$115,293,049
54$186,892,749$53,950,027$36,995,788$125,511,916
55$205,910,777$56,548,546$38,190,115$136,702,506
56$226,867,225$59,272,974$39,423,033$148,960,633
57$249,959,768$62,129,435$40,695,790$162,391,726
58$275,406,241$65,124,354$42,009,676$177,111,803
59$303,446,697$68,264,467$43,366,019$193,248,545
60$334,345,674$71,556,840$44,766,195$210,942,476
61$368,394,690$75,008,882$46,211,620$230,348,262
62$405,914,997$78,628,366$47,703,758$251,636,148
63$447,260,613$82,423,442$49,244,120$274,993,539
64$492,821,664$86,402,659$50,834,266$300,626,732
65$543,028,066$90,574,982$52,475,807$328,762,843
66$598,353,588$94,949,815$54,170,405$359,651,912
67$659,320,317$99,537,019$55,919,777$393,569,233
68$726,503,595$104,346,939$57,725,695$430,817,917
69$800,537,444$109,390,421$59,589,988$471,731,718
70$882,120,556$114,678,844$61,514,545$516,678,142
71$972,022,886$120,224,141$63,501,316$566,061,880
72$1,071,092,925$126,038,828$65,552,314$620,328,584
73$1,180,265,703$132,136,031$67,669,617$679,969,029
74$1,300,571,627$138,529,518$69,855,371$745,523,701
75$1,433,146,197$145,233,729$72,111,790$817,587,850
76$1,579,240,736$152,263,808$74,441,162$896,817,061
77$1,740,234,197$159,635,641$76,845,847$983,933,383
78$1,917,646,184$167,365,887$79,328,282$1,079,732,097
79$2,113,151,300$175,472,020$81,890,984$1,185,089,159
80$2,328,594,951$183,972,367$84,536,550$1,300,969,413
81$2,566,010,774$192,886,152$87,267,663$1,428,435,628
82$2,827,639,834$202,233,534$90,087,091$1,568,658,473
83$3,115,951,781$212,035,662$92,997,693$1,722,927,487
84$3,433,668,167$222,314,713$96,002,419$1,892,663,188
85$3,783,788,136$233,093,950$99,104,317$2,079,430,399
86$4,169,616,746$244,397,774$102,306,531$2,284,952,943
87$4,594,796,164$256,251,775$105,612,310$2,511,129,827
88$5,063,340,056$268,682,794$109,025,005$2,760,053,084
89$5,579,671,477$281,718,987$112,548,078$3,034,027,429
90$6,148,664,631$295,389,881$116,185,103$3,335,591,913
91$6,775,690,887$309,726,448$119,939,767$3,667,543,797
92$7,466,669,488$324,761,175$123,815,880$4,032,964,844
93$8,228,123,438$340,528,135$127,817,374$4,435,250,305
94$9,067,241,082$357,063,066$131,948,309$4,878,140,851
95$9,991,943,970$374,403,454$136,212,875$5,365,757,762
96$11,010,961,648$392,588,616$140,615,399$5,902,641,704
97$12,133,914,070$411,659,793$145,160,349$6,493,795,460
98$13,371,402,420$431,660,238$149,852,336$7,144,731,013
99$14,735,109,200$452,635,322$154,696,122$7,861,521,435
100$16,237,908,518$474,632,633$159,696,623$8,650,858,062