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

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 $16,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$1,387,328$1,374,971$1,362,914$1,351,146$1,339,656$1,291,610
2 years$686,796$674,005$661,609$649,590$637,931$590,046
3 years$453,316$440,470$428,105$416,198$404,730$358,509
4 years$336,599$323,792$311,551$299,847$288,657$244,455
5 years$266,587$253,857$241,776$230,312$219,432$177,364
6 years$219,927$207,293$195,391$184,182$173,629$133,727
7 years$186,612$174,085$162,371$151,426$141,207$103,461
8 years$161,637$149,223$137,703$127,028$117,145$81,523
9 years$142,223$129,925$118,604$108,199$98,653$65,108
10 years$126,700$114,523$103,402$93,269$84,057$52,531
11 years$114,008$101,953$91,033$81,172$72,292$42,720
12 years$103,439$91,507$80,790$71,199$62,647$34,957
13 years$94,503$82,696$72,180$62,858$54,629$28,746
14 years$86,849$75,168$64,854$55,798$47,888$23,732
15 years$80,223$68,668$58,555$49,762$42,164$19,656
16 years$74,430$63,001$53,088$44,557$37,265$16,323
17 years$69,325$58,022$48,308$40,034$33,041$13,584
18 years$64,791$53,615$44,099$36,078$29,379$11,324
19 years$60,740$49,690$40,371$32,600$26,186$9,455
20 years$57,098$46,174$37,050$29,526$23,390$7,903
21 years$53,807$43,009$34,079$26,796$20,931$6,613
22 years$50,820$40,148$31,409$24,364$18,762$5,538
23 years$48,096$37,549$29,001$22,189$16,842$4,641
24 years$45,603$35,181$26,821$20,237$15,138$3,891
25 years$43,313$33,016$24,841$18,482$13,622$3,264
26 years$41,203$31,029$23,039$16,899$12,270$2,740
27 years$39,252$29,202$21,394$15,468$11,062$2,300
28 years$37,444$27,517$19,888$14,172$9,982$1,932
29 years$35,763$25,959$18,508$12,996$9,013$1,623
30 years$34,198$24,516$17,239$11,927$8,144$1,363
31 years$32,736$23,176$16,072$10,954$7,363$1,145
32 years$31,368$21,929$14,995$10,067$6,660$963
33 years$30,086$20,767$14,001$9,258$6,028$809
34 years$28,882$19,682$13,082$8,518$5,457$680
35 years$27,750$18,668$12,231$7,841$4,943$572
36 years$26,682$17,719$11,441$7,221$4,479$481
37 years$25,675$16,829$10,709$6,654$4,059$404
38 years$24,723$15,994$10,028$6,133$3,680$340
39 years$23,822$15,208$9,396$5,655$3,337$286
40 years$22,968$14,469$8,807$5,216$3,027$240
41 years$22,158$13,774$8,258$4,812$2,746$202
42 years$21,389$13,117$7,746$4,441$2,492$170
43 years$20,657$12,498$7,269$4,100$2,261$143
44 years$19,961$11,913$6,823$3,785$2,053$120
45 years$19,297$11,361$6,406$3,496$1,863$101
46 years$18,664$10,838$6,017$3,229$1,692$85
47 years$18,060$10,342$5,653$2,983$1,536$71
48 years$17,483$9,873$5,312$2,757$1,395$60
49 years$16,931$9,428$4,993$2,548$1,267$51
50 years$16,403$9,006$4,694$2,355$1,151$43

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 $3,013 every year, while hoping to spend $28,925 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: 37/45/18 Blend
29$16,800,000$16,800,000$16,800,000$16,800,000
30$18,516,708$17,626,308$17,365,908$19,100,876
31$20,374,636$18,459,221$17,916,890$20,356,334
32$22,421,104$19,331,977$18,485,360$21,708,562
33$24,675,311$20,246,499$19,071,874$23,168,567
34$27,158,416$21,204,800$19,677,005$24,746,035
35$29,893,733$22,208,995$20,301,344$26,451,579
36$32,906,956$23,261,297$20,945,501$28,296,834
37$36,226,395$24,364,030$21,610,105$30,294,558
38$39,883,249$25,519,630$22,295,805$32,458,743
39$43,911,898$26,730,649$23,003,272$34,804,735
40$48,350,226$27,999,766$23,733,197$37,349,375
41$53,239,982$29,329,788$24,486,292$40,111,144
42$58,627,172$30,723,659$25,263,294$43,110,326
43$64,562,491$32,184,466$26,064,962$46,369,191
44$71,101,807$33,715,446$26,892,080$49,912,192
45$78,306,682$35,319,993$27,745,455$53,766,183
46$86,244,957$37,001,667$28,625,922$57,960,661
47$94,991,393$38,764,199$29,534,340$62,528,031
48$104,628,373$40,611,502$30,471,598$67,503,896
49$115,246,682$42,547,681$31,438,612$72,927,380
50$126,946,365$44,577,039$32,436,327$78,841,484
51$139,837,668$46,704,087$33,465,718$85,293,469
52$154,042,081$48,933,559$34,527,790$92,335,294
53$169,693,485$51,270,414$35,623,583$100,024,083
54$186,939,414$53,719,858$36,754,166$108,422,647
55$205,942,449$56,287,347$37,920,646$117,600,058
56$226,881,753$58,978,601$39,124,162$127,632,281
57$249,954,761$61,799,622$40,365,891$138,602,870
58$275,379,045$64,756,701$41,647,046$150,603,733
59$303,394,366$67,856,438$42,968,881$163,735,979
60$334,264,940$71,105,752$44,332,686$178,110,846
61$368,281,929$74,511,899$45,739,797$193,850,726
62$405,766,192$78,082,489$47,191,587$211,090,295
63$447,071,316$81,825,502$48,689,476$229,977,755
64$492,586,946$85,749,308$50,234,930$250,676,203
65$542,742,473$89,862,682$51,829,458$273,365,144
66$598,011,080$94,174,829$53,474,621$298,242,148
67$658,914,216$98,695,401$55,172,026$325,524,685
68$726,026,510$103,434,520$56,923,333$355,452,144
69$799,981,204$108,402,802$58,730,255$388,288,051
70$881,476,127$113,611,379$60,594,558$424,322,523
71$971,280,282$119,071,927$62,518,066$463,874,965
72$1,070,241,109$124,796,689$64,502,660$507,297,041
73$1,179,292,483$130,798,508$66,550,280$554,975,954
74$1,299,463,531$137,090,850$68,662,929$607,338,047
75$1,431,888,347$143,687,837$70,842,673$664,852,789
76$1,577,816,700$150,604,282$73,091,643$728,037,150
77$1,738,625,830$157,855,719$75,412,040$797,460,426
78$1,915,833,454$165,458,439$77,806,133$873,749,566
79$2,111,112,092$173,429,527$80,276,264$957,595,022
80$2,326,304,854$181,786,903$82,824,848$1,049,757,214
81$2,563,442,847$190,549,359$85,454,378$1,151,073,640
82$2,824,764,345$199,736,605$88,167,427$1,262,466,716
83$3,112,735,921$209,369,312$90,966,648$1,384,952,415
84$3,430,075,734$219,469,157$93,854,780$1,519,649,782
85$3,779,779,192$230,058,879$96,834,648$1,667,791,423
86$4,165,147,228$241,162,323$99,909,168$1,830,735,060
87$4,589,817,466$252,804,497$103,081,346$2,009,976,263
88$5,057,798,563$265,011,634$106,354,287$2,207,162,482
89$5,573,508,054$277,811,240$109,731,192$2,424,108,503
90$6,141,814,054$291,232,170$113,215,366$2,662,813,488
91$6,768,081,224$305,304,683$116,810,217$2,925,479,742
92$7,458,221,412$320,060,516$120,519,263$3,214,533,397
93$8,218,749,471$335,532,956$124,346,133$3,532,647,209
94$9,056,844,760$351,756,914$128,294,572$3,882,765,666
95$9,980,418,929$368,769,005$132,368,443$4,268,132,668
96$10,998,190,606$386,607,633$136,571,732$4,692,322,018
97$12,119,767,717$405,313,076$140,908,554$5,159,271,032
98$13,355,738,185$424,927,578$145,383,152$5,673,317,560
99$14,717,769,897$445,495,447$149,999,905$6,239,240,797
100$16,218,720,856$467,063,153$154,763,331$6,862,306,242