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%17.6%
1 years$1,379,070$1,366,786$1,354,802$1,343,104$1,331,681$1,290,604
2 years$682,708$669,993$657,671$645,723$634,134$593,108
3 years$450,618$437,848$425,556$413,721$402,321$362,634
4 years$334,595$321,865$309,696$298,063$286,938$248,894
5 years$265,000$252,346$240,337$228,941$218,126$181,827
6 years$218,618$206,059$194,228$183,086$172,596$138,074
7 years$185,501$173,048$161,404$150,525$140,367$107,619
8 years$160,675$148,334$136,884$126,272$116,448$85,454
9 years$141,376$129,152$117,898$107,555$98,066$68,791
10 years$125,946$113,841$102,786$92,714$83,557$55,960
11 years$113,329$101,346$90,491$80,689$71,862$45,893
12 years$102,823$90,963$80,309$70,775$62,274$37,879
13 years$93,940$82,204$71,750$62,484$54,304$31,426
14 years$86,333$74,721$64,468$55,466$47,603$26,181
15 years$79,745$68,259$58,206$49,466$41,913$21,885
16 years$73,987$62,626$52,772$44,291$37,043$18,345
17 years$68,912$57,676$48,021$39,795$32,845$15,413
18 years$64,405$53,296$43,837$35,864$29,204$12,975
19 years$60,378$49,394$40,130$32,406$26,030$10,939
20 years$56,758$45,899$36,830$29,350$23,251$9,236
21 years$53,487$42,753$33,876$26,637$20,807$7,806
22 years$50,517$39,909$31,222$24,219$18,650$6,604
23 years$47,810$37,326$28,828$22,057$16,742$5,591
24 years$45,332$34,972$26,661$20,117$15,048$4,737
25 years$43,055$32,819$24,694$18,372$13,541$4,015
26 years$40,957$30,845$22,902$16,798$12,197$3,405
27 years$39,018$29,029$21,267$15,376$10,997$2,889
28 years$37,221$27,353$19,770$14,088$9,922$2,452
29 years$35,550$25,805$18,398$12,919$8,960$2,082
30 years$33,994$24,370$17,137$11,856$8,096$1,768
31 years$32,541$23,038$15,976$10,889$7,319$1,502
32 years$31,182$21,798$14,906$10,007$6,621$1,276
33 years$29,907$20,643$13,918$9,202$5,992$1,084
34 years$28,710$19,565$13,004$8,467$5,425$921
35 years$27,584$18,557$12,158$7,794$4,914$783
36 years$26,523$17,614$11,373$7,178$4,452$665
37 years$25,522$16,729$10,645$6,614$4,035$565
38 years$24,576$15,898$9,969$6,096$3,658$481
39 years$23,680$15,118$9,340$5,621$3,317$409
40 years$22,832$14,383$8,754$5,185$3,009$347
41 years$22,026$13,692$8,209$4,783$2,730$295
42 years$21,262$13,039$7,700$4,415$2,477$251
43 years$20,534$12,424$7,225$4,075$2,248$213
44 years$19,842$11,843$6,782$3,763$2,040$181
45 years$19,182$11,293$6,368$3,475$1,852$154
46 years$18,553$10,773$5,981$3,210$1,682$131
47 years$17,953$10,281$5,619$2,966$1,527$112
48 years$17,379$9,814$5,281$2,740$1,387$95
49 years$16,830$9,372$4,963$2,533$1,260$81
50 years$16,305$8,953$4,666$2,341$1,144$69

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 $4,495 every year, while hoping to spend $21,099 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: 40/38/22 Blend
29$16,700,000$16,700,000$16,700,000$16,700,000
30$18,408,037$17,522,937$17,264,087$19,024,281
31$20,263,207$18,359,111$17,819,984$20,303,560
32$22,306,898$19,235,551$18,393,797$21,684,300
33$24,558,316$20,154,208$18,986,104$23,177,642
34$27,038,626$21,117,126$19,597,500$24,793,864
35$29,771,151$22,126,451$20,228,602$26,544,244
36$32,781,594$23,184,432$20,880,046$28,441,152
37$36,098,276$24,293,429$21,552,487$30,498,162
38$39,752,408$25,455,914$22,246,603$32,730,171
39$43,778,383$26,674,483$22,963,093$35,153,534
40$48,214,100$27,951,855$23,702,679$37,786,204
41$53,101,327$29,290,884$24,466,107$40,647,900
42$58,486,086$30,694,561$25,254,145$43,760,277
43$64,419,095$32,166,024$26,067,588$47,147,121
44$70,956,246$33,708,562$26,907,255$50,834,567
45$78,159,128$35,325,626$27,773,993$54,851,332
46$86,095,612$37,020,835$28,668,675$59,228,975
47$94,840,491$38,797,983$29,592,202$64,002,182
48$104,476,187$40,661,050$30,545,507$69,209,083
49$115,093,526$42,614,209$31,529,549$74,891,596
50$126,792,597$44,661,836$32,545,320$81,095,810
51$139,683,699$46,808,523$33,593,845$87,872,408
52$153,888,378$49,059,083$34,676,181$95,277,128
53$169,540,578$51,418,564$35,793,419$103,371,271
54$186,787,904$53,892,260$36,946,685$112,222,268
55$205,793,013$56,485,724$38,137,142$121,904,298
56$226,735,155$59,204,779$39,365,991$132,498,967
57$249,811,861$62,055,533$40,634,472$144,096,063
58$275,240,806$65,044,390$41,943,862$156,794,382
59$303,261,870$68,178,066$43,295,483$170,702,640
60$334,139,397$71,463,608$44,690,698$185,940,480
61$368,164,694$74,908,404$46,130,915$202,639,573
62$405,658,778$78,520,201$47,617,586$220,944,844
63$446,975,410$82,307,126$49,152,211$241,015,811
64$492,504,430$86,277,704$50,736,338$263,028,065
65$542,675,442$90,440,871$52,371,566$287,174,902
66$597,961,867$94,806,004$54,059,544$313,669,118
67$658,885,414$99,382,935$55,801,975$342,744,990
68$726,021,003$104,181,976$57,600,618$374,660,453
69$800,002,194$109,213,942$59,457,288$409,699,504
70$881,527,169$114,490,176$61,373,858$448,174,850
71$971,365,321$120,022,575$63,352,263$490,430,821
72$1,070,364,520$125,823,617$65,394,499$536,846,585
73$1,179,459,114$131,906,388$67,502,629$587,839,690
74$1,299,678,756$138,284,613$69,678,779$643,869,962
75$1,432,158,118$144,972,688$71,925,147$705,443,801
76$1,578,147,607$151,985,710$74,244,000$773,118,921
77$1,739,025,168$159,339,516$76,637,680$847,509,566
78$1,916,309,296$167,050,713$79,108,603$929,292,257
79$2,111,673,367$175,136,721$81,659,264$1,019,212,131
80$2,326,961,440$183,615,809$84,292,238$1,118,089,916
81$2,564,205,664$192,507,141$87,010,185$1,226,829,628
82$2,825,645,465$201,830,814$89,815,850$1,346,427,042
83$3,113,748,686$211,607,908$92,712,064$1,477,979,029
84$3,431,234,889$221,860,532$95,701,755$1,622,693,851
85$3,781,101,025$232,611,875$98,787,941$1,781,902,494
86$4,166,649,732$243,886,260$101,973,740$1,957,071,167
87$4,591,520,514$255,709,196$105,262,370$2,149,815,063
88$5,059,724,101$268,107,441$108,657,153$2,361,913,532
89$5,575,680,310$281,109,056$112,161,519$2,595,326,797
90$6,144,259,780$294,743,478$115,779,008$2,852,214,375
91$6,770,829,948$309,041,580$119,513,276$3,134,955,369
92$7,461,305,727$324,035,742$123,368,095$3,446,170,839
93$8,222,205,347$339,759,928$127,347,361$3,788,748,445
94$9,060,711,889$356,249,762$131,455,095$4,165,869,606
95$9,984,741,110$373,542,608$135,695,449$4,581,039,423
96$11,003,016,164$391,677,657$140,072,707$5,038,119,661
97$12,125,149,965$410,696,014$144,591,295$5,541,365,084
98$13,361,735,937$430,640,794$149,255,779$6,095,463,498
99$14,724,448,030$451,557,220$154,070,875$6,705,579,880
100$16,226,150,929$473,492,724$159,041,450$7,377,404,997