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

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 $16,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$1,379,070$1,366,786$1,354,802$1,343,104$1,331,681$1,303,196
2 years$682,708$669,993$657,671$645,723$634,134$605,574
3 years$450,618$437,848$425,556$413,721$402,321$374,578
4 years$334,595$321,865$309,696$298,063$286,938$260,227
5 years$265,000$252,346$240,337$228,941$218,126$192,520
6 years$218,618$206,059$194,228$183,086$172,596$148,123
7 years$185,501$173,048$161,404$150,525$140,367$117,032
8 years$160,675$148,334$136,884$126,272$116,448$94,244
9 years$141,376$129,152$117,898$107,555$98,066$76,977
10 years$125,946$113,841$102,786$92,714$83,557$63,561
11 years$113,329$101,346$90,491$80,689$71,862$52,933
12 years$102,823$90,963$80,309$70,775$62,274$44,384
13 years$93,940$82,204$71,750$62,484$54,304$37,422
14 years$86,333$74,721$64,468$55,466$47,603$31,694
15 years$79,745$68,259$58,206$49,466$41,913$26,943
16 years$73,987$62,626$52,772$44,291$37,043$22,976
17 years$68,912$57,676$48,021$39,795$32,845$19,644
18 years$64,405$53,296$43,837$35,864$29,204$16,832
19 years$60,378$49,394$40,130$32,406$26,030$14,449
20 years$56,758$45,899$36,830$29,350$23,251$12,423
21 years$53,487$42,753$33,876$26,637$20,807$10,695
22 years$50,517$39,909$31,222$24,219$18,650$9,218
23 years$47,810$37,326$28,828$22,057$16,742$7,953
24 years$45,332$34,972$26,661$20,117$15,048$6,867
25 years$43,055$32,819$24,694$18,372$13,541$5,934
26 years$40,957$30,845$22,902$16,798$12,197$5,131
27 years$39,018$29,029$21,267$15,376$10,997$4,439
28 years$37,221$27,353$19,770$14,088$9,922$3,842
29 years$35,550$25,805$18,398$12,919$8,960$3,326
30 years$33,994$24,370$17,137$11,856$8,096$2,881
31 years$32,541$23,038$15,976$10,889$7,319$2,496
32 years$31,182$21,798$14,906$10,007$6,621$2,163
33 years$29,907$20,643$13,918$9,202$5,992$1,875
34 years$28,710$19,565$13,004$8,467$5,425$1,626
35 years$27,584$18,557$12,158$7,794$4,914$1,410
36 years$26,523$17,614$11,373$7,178$4,452$1,222
37 years$25,522$16,729$10,645$6,614$4,035$1,060
38 years$24,576$15,898$9,969$6,096$3,658$920
39 years$23,680$15,118$9,340$5,621$3,317$798
40 years$22,832$14,383$8,754$5,185$3,009$692
41 years$22,026$13,692$8,209$4,783$2,730$601
42 years$21,262$13,039$7,700$4,415$2,477$521
43 years$20,534$12,424$7,225$4,075$2,248$452
44 years$19,842$11,843$6,782$3,763$2,040$392
45 years$19,182$11,293$6,368$3,475$1,852$341
46 years$18,553$10,773$5,981$3,210$1,682$296
47 years$17,953$10,281$5,619$2,966$1,527$257
48 years$17,379$9,814$5,281$2,740$1,387$223
49 years$16,830$9,372$4,963$2,533$1,260$193
50 years$16,305$8,953$4,666$2,341$1,144$168

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 $3,862 every year, while hoping to spend $25,592 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: 58/21/21 Blend
29$16,700,000$16,700,000$16,700,000$16,700,000
30$18,407,384$17,522,284$17,263,434$19,371,712
31$20,257,707$18,353,646$17,814,529$20,859,500
32$22,295,906$19,224,887$18,383,228$22,477,654
33$24,541,116$20,137,934$18,970,094$24,241,276
34$27,014,425$21,094,808$19,575,708$26,164,415
35$29,739,070$22,097,628$20,200,668$28,262,520
36$32,740,658$23,148,614$20,845,593$30,552,583
37$36,047,407$24,250,098$21,511,121$33,053,289
38$39,690,410$25,404,520$22,197,912$35,785,196
39$43,703,934$26,614,444$22,906,644$38,770,915
40$48,125,738$27,882,555$23,638,020$42,035,326
41$52,997,433$29,211,669$24,392,763$45,605,801
42$58,364,871$30,604,741$25,171,620$49,512,461
43$64,278,580$32,064,866$25,975,362$53,788,451
44$70,794,244$33,595,293$26,804,785$58,470,250
45$77,973,222$35,199,427$27,660,711$63,598,004
46$85,883,132$36,880,840$28,543,985$69,215,903
47$94,598,486$38,643,276$29,455,484$75,372,587
48$104,201,398$40,490,663$30,396,109$82,121,601
49$114,782,353$42,427,118$31,366,791$89,521,890
50$126,441,067$44,456,961$32,368,493$97,638,347
51$139,287,424$46,584,720$33,402,205$106,542,418
52$153,442,514$48,815,144$34,468,952$116,312,769
53$169,039,778$51,153,214$35,569,789$127,036,015
54$186,226,266$53,604,152$36,705,808$138,807,534
55$205,164,025$56,173,436$37,878,132$151,732,349
56$226,031,630$58,866,809$39,087,925$165,926,116
57$249,025,869$61,690,295$40,336,382$181,516,201
58$274,363,599$64,650,210$41,624,742$198,642,870
59$302,283,795$67,753,180$42,954,281$217,460,604
60$333,049,808$71,006,151$44,326,314$238,139,541
61$366,951,845$74,416,410$45,742,203$260,867,072
62$404,309,716$77,991,596$47,203,349$285,849,592
63$445,475,845$81,739,723$48,711,200$313,314,439
64$490,838,606$85,669,194$50,267,250$343,512,019
65$540,825,982$89,788,822$51,873,041$376,718,158
66$595,909,608$94,107,850$53,530,163$413,236,689
67$656,609,224$98,635,971$55,240,260$453,402,300
68$723,497,581$103,383,350$57,005,025$497,583,679
69$797,205,849$108,360,648$58,826,207$546,186,971
70$878,429,572$113,579,047$60,705,612$599,659,597
71$967,935,241$119,050,272$62,645,102$658,494,453
72$1,066,567,521$124,786,622$64,646,599$723,234,544
73$1,175,257,235$130,800,993$66,712,087$794,478,085
74$1,295,030,145$137,106,913$68,843,614$872,884,126
75$1,427,016,637$143,718,569$71,043,291$959,178,750
76$1,572,462,393$150,650,838$73,313,301$1,054,161,897
77$1,732,740,153$157,919,326$75,655,893$1,158,714,895
78$1,909,362,673$165,540,397$78,073,389$1,273,808,745
79$2,103,997,005$173,531,215$80,568,187$1,400,513,262
80$2,318,480,238$181,909,783$83,142,760$1,540,007,143
81$2,554,836,840$190,694,981$85,799,660$1,693,589,061
82$2,815,297,772$199,906,609$88,541,523$1,862,689,889
83$3,102,321,547$209,565,435$91,371,066$2,048,886,177
84$3,418,617,444$219,693,241$94,291,097$2,253,914,995
85$3,767,171,085$230,312,871$97,304,510$2,479,690,294
86$4,151,272,619$241,448,285$100,414,294$2,728,320,933
87$4,574,547,787$253,124,612$103,623,534$3,002,130,545
88$5,040,992,151$265,368,207$106,935,412$3,303,679,433
89$5,555,008,815$278,206,714$110,353,213$3,635,788,685
90$6,121,449,997$291,669,126$113,880,328$4,001,566,769
91$6,745,662,832$305,785,849$117,520,255$4,404,438,819
92$7,433,539,863$320,588,777$121,276,605$4,848,178,920
93$8,191,574,662$336,111,361$125,153,105$5,336,945,683
94$9,026,923,144$352,388,683$129,153,600$5,875,321,446
95$9,947,471,118$369,457,542$133,282,059$6,468,355,472
96$10,961,908,743$387,356,533$137,542,579$7,121,611,552
97$12,079,812,566$406,126,134$141,939,387$7,841,220,469
98$13,311,735,937$425,808,804$146,476,845$8,633,937,801
99$14,669,308,640$446,449,073$151,159,457$9,507,207,629
100$16,165,346,691$468,093,647$155,991,868$10,469,232,737