Can I retire at age 30 with 16,800,000?

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 $16,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$1,387,328$1,374,971$1,362,914$1,351,146$1,339,656$1,292,638
2 years$686,796$674,005$661,609$649,590$637,931$591,055
3 years$453,316$440,470$428,105$416,198$404,730$359,469
4 years$336,599$323,792$311,551$299,847$288,657$245,356
5 years$266,587$253,857$241,776$230,312$219,432$178,206
6 years$219,927$207,293$195,391$184,182$173,629$134,509
7 years$186,612$174,085$162,371$151,426$141,207$104,185
8 years$161,637$149,223$137,703$127,028$117,145$82,191
9 years$142,223$129,925$118,604$108,199$98,653$65,722
10 years$126,700$114,523$103,402$93,269$84,057$53,094
11 years$114,008$101,953$91,033$81,172$72,292$43,234
12 years$103,439$91,507$80,790$71,199$62,647$35,424
13 years$94,503$82,696$72,180$62,858$54,629$29,170
14 years$86,849$75,168$64,854$55,798$47,888$24,116
15 years$80,223$68,668$58,555$49,762$42,164$20,003
16 years$74,430$63,001$53,088$44,557$37,265$16,635
17 years$69,325$58,022$48,308$40,034$33,041$13,864
18 years$64,791$53,615$44,099$36,078$29,379$11,575
19 years$60,740$49,690$40,371$32,600$26,186$9,678
20 years$57,098$46,174$37,050$29,526$23,390$8,103
21 years$53,807$43,009$34,079$26,796$20,931$6,790
22 years$50,820$40,148$31,409$24,364$18,762$5,695
23 years$48,096$37,549$29,001$22,189$16,842$4,780
24 years$45,603$35,181$26,821$20,237$15,138$4,015
25 years$43,313$33,016$24,841$18,482$13,622$3,373
26 years$41,203$31,029$23,039$16,899$12,270$2,836
27 years$39,252$29,202$21,394$15,468$11,062$2,385
28 years$37,444$27,517$19,888$14,172$9,982$2,006
29 years$35,763$25,959$18,508$12,996$9,013$1,688
30 years$34,198$24,516$17,239$11,927$8,144$1,420
31 years$32,736$23,176$16,072$10,954$7,363$1,195
32 years$31,368$21,929$14,995$10,067$6,660$1,006
33 years$30,086$20,767$14,001$9,258$6,028$847
34 years$28,882$19,682$13,082$8,518$5,457$713
35 years$27,750$18,668$12,231$7,841$4,943$601
36 years$26,682$17,719$11,441$7,221$4,479$506
37 years$25,675$16,829$10,709$6,654$4,059$426
38 years$24,723$15,994$10,028$6,133$3,680$359
39 years$23,822$15,208$9,396$5,655$3,337$302
40 years$22,968$14,469$8,807$5,216$3,027$255
41 years$22,158$13,774$8,258$4,812$2,746$214
42 years$21,389$13,117$7,746$4,441$2,492$181
43 years$20,657$12,498$7,269$4,100$2,261$152
44 years$19,961$11,913$6,823$3,785$2,053$128
45 years$19,297$11,361$6,406$3,496$1,863$108
46 years$18,664$10,838$6,017$3,229$1,692$91
47 years$18,060$10,342$5,653$2,983$1,536$77
48 years$17,483$9,873$5,312$2,757$1,395$65
49 years$16,931$9,428$4,993$2,548$1,267$54
50 years$16,403$9,006$4,694$2,355$1,151$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $16,800,000, adding $3,728 every year, while hoping to spend $48,778 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: 66/24/10 Blend
29$16,800,000$16,800,000$16,800,000$16,800,000
30$18,517,445$17,627,045$17,366,645$19,700,419
31$20,354,325$18,438,871$17,896,529$21,300,163
32$22,376,932$19,288,842$18,442,528$23,041,797
33$24,604,159$20,178,774$19,005,132$24,944,037
34$27,056,823$21,110,574$19,584,844$27,022,556
35$29,757,865$22,086,238$20,182,182$29,294,593
36$32,732,562$23,107,859$20,797,680$31,779,117
37$36,008,769$24,177,630$21,431,888$34,496,997
38$39,617,180$25,297,850$22,085,373$37,471,193
39$43,591,618$26,470,931$22,758,719$40,726,974
40$47,969,354$27,699,396$23,452,526$44,292,144
41$52,791,457$28,985,896$24,167,415$48,197,308
42$58,103,185$30,333,205$24,904,023$52,476,145
43$63,954,410$31,744,232$25,663,008$57,165,729
44$70,400,089$33,222,028$26,445,047$62,306,868
45$77,500,779$34,769,789$27,250,838$67,944,487
46$85,323,217$36,390,866$28,081,099$74,128,040
47$93,940,940$38,088,774$28,936,571$80,911,975
48$103,434,985$39,867,193$29,818,016$88,356,238
49$113,894,653$41,729,985$30,726,219$96,526,832
50$125,418,351$43,681,197$31,661,990$105,496,432
51$138,114,518$45,725,071$32,626,162$115,345,064
52$152,102,655$47,866,056$33,619,594$126,160,851
53$167,514,446$50,108,812$34,643,171$138,040,837
54$184,495,005$52,458,230$35,697,803$151,091,889
55$203,204,244$54,919,433$36,784,428$165,431,704
56$223,818,385$57,497,793$37,904,015$181,189,901
57$246,531,619$60,198,943$39,057,557$198,509,243
58$271,557,941$63,028,787$40,246,082$217,546,965
59$299,133,170$65,993,518$41,470,645$238,476,251
60$329,517,177$69,099,624$42,732,335$261,487,857
61$362,996,334$72,353,910$44,032,274$286,791,897
62$399,886,220$75,763,511$45,371,615$314,619,813
63$440,534,598$79,335,907$46,751,548$345,226,546
64$485,324,701$83,078,940$48,173,298$378,892,931
65$534,678,844$87,000,832$49,638,127$415,928,327
66$589,062,417$91,110,204$51,147,336$456,673,527
67$648,988,275$95,416,095$52,702,262$501,503,953
68$715,021,576$99,927,981$54,304,286$550,833,187
69$787,785,124$104,655,800$55,954,827$605,116,854
70$867,965,242$109,609,969$57,655,348$664,856,906
71$956,318,251$114,801,412$59,407,357$730,606,336
72$1,053,677,615$120,241,584$61,212,406$802,974,384
73$1,160,961,804$125,942,493$63,072,093$882,632,260
74$1,279,182,965$131,916,733$64,988,066$970,319,462
75$1,409,456,482$138,177,506$66,962,020$1,066,850,727
76$1,553,011,497$144,738,659$68,995,702$1,173,123,706
77$1,711,202,524$151,614,707$71,090,912$1,290,127,401
78$1,885,522,227$158,820,873$73,249,503$1,418,951,484
79$2,077,615,517$166,373,118$75,473,384$1,560,796,545
80$2,289,295,077$174,288,179$77,764,520$1,716,985,405
81$2,522,558,481$182,583,606$80,124,937$1,888,975,565
82$2,779,607,044$191,277,800$82,556,721$2,078,372,937
83$3,062,866,609$200,390,059$85,062,018$2,286,946,964
84$3,375,010,449$209,940,618$87,643,041$2,516,647,295
85$3,718,984,502$219,950,695$90,302,070$2,769,622,148
86$4,098,035,181$230,442,539$93,041,449$3,048,238,549
87$4,515,740,029$241,439,484$95,863,598$3,355,104,641
88$4,976,041,488$252,965,994$98,771,004$3,693,094,257
89$5,483,284,118$265,047,726$101,766,231$4,065,374,011
90$6,042,255,619$277,711,585$104,851,920$4,475,433,135
91$6,658,232,022$290,985,783$108,030,790$4,927,116,382
92$7,337,027,509$304,899,906$111,305,641$5,424,660,257
93$8,085,049,293$319,484,980$114,679,358$5,972,732,966
94$8,909,358,116$334,773,539$118,154,912$6,576,478,427
95$9,817,734,903$350,799,702$121,735,361$7,241,564,770
96$10,818,754,224$367,599,249$125,423,857$7,974,237,783
97$11,921,865,242$385,209,699$129,223,643$8,781,379,815
98$13,137,480,924$403,670,401$133,138,062$9,670,574,678
99$14,477,076,346$423,022,619$137,170,555$10,650,179,169
100$15,953,297,031$443,309,625$141,324,667$11,729,401,892