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%13.4%
1 years$1,387,328$1,374,971$1,362,914$1,351,146$1,339,656$1,320,727
2 years$686,796$674,005$661,609$649,590$637,931$618,897
3 years$453,316$440,470$428,105$416,198$404,730$386,182
4 years$336,599$323,792$311,551$299,847$288,657$270,739
5 years$266,587$253,857$241,776$230,312$219,432$202,196
6 years$219,927$207,293$195,391$184,182$173,629$157,095
7 years$186,612$174,085$162,371$151,426$141,207$125,380
8 years$161,637$149,223$137,703$127,028$117,145$102,024
9 years$142,223$129,925$118,604$108,199$98,653$84,230
10 years$126,700$114,523$103,402$93,269$84,057$70,322
11 years$114,008$101,953$91,033$81,172$72,292$59,231
12 years$103,439$91,507$80,790$71,199$62,647$50,245
13 years$94,503$82,696$72,180$62,858$54,629$42,870
14 years$86,849$75,168$64,854$55,798$47,888$36,752
15 years$80,223$68,668$58,555$49,762$42,164$31,633
16 years$74,430$63,001$53,088$44,557$37,265$27,318
17 years$69,325$58,022$48,308$40,034$33,041$23,658
18 years$64,791$53,615$44,099$36,078$29,379$20,538
19 years$60,740$49,690$40,371$32,600$26,186$17,866
20 years$57,098$46,174$37,050$29,526$23,390$15,570
21 years$53,807$43,009$34,079$26,796$20,931$13,588
22 years$50,820$40,148$31,409$24,364$18,762$11,875
23 years$48,096$37,549$29,001$22,189$16,842$10,389
24 years$45,603$35,181$26,821$20,237$15,138$9,099
25 years$43,313$33,016$24,841$18,482$13,622$7,975
26 years$41,203$31,029$23,039$16,899$12,270$6,995
27 years$39,252$29,202$21,394$15,468$11,062$6,140
28 years$37,444$27,517$19,888$14,172$9,982$5,392
29 years$35,763$25,959$18,508$12,996$9,013$4,738
30 years$34,198$24,516$17,239$11,927$8,144$4,165
31 years$32,736$23,176$16,072$10,954$7,363$3,663
32 years$31,368$21,929$14,995$10,067$6,660$3,222
33 years$30,086$20,767$14,001$9,258$6,028$2,835
34 years$28,882$19,682$13,082$8,518$5,457$2,495
35 years$27,750$18,668$12,231$7,841$4,943$2,197
36 years$26,682$17,719$11,441$7,221$4,479$1,935
37 years$25,675$16,829$10,709$6,654$4,059$1,704
38 years$24,723$15,994$10,028$6,133$3,680$1,501
39 years$23,822$15,208$9,396$5,655$3,337$1,322
40 years$22,968$14,469$8,807$5,216$3,027$1,165
41 years$22,158$13,774$8,258$4,812$2,746$1,026
42 years$21,389$13,117$7,746$4,441$2,492$904
43 years$20,657$12,498$7,269$4,100$2,261$797
44 years$19,961$11,913$6,823$3,785$2,053$703
45 years$19,297$11,361$6,406$3,496$1,863$619
46 years$18,664$10,838$6,017$3,229$1,692$546
47 years$18,060$10,342$5,653$2,983$1,536$481
48 years$17,483$9,873$5,312$2,757$1,395$424
49 years$16,931$9,428$4,993$2,548$1,267$374
50 years$16,403$9,006$4,694$2,355$1,151$330

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 $6,527 every year, while hoping to spend $20,138 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: 43/50/7 Blend
29$16,800,000$16,800,000$16,800,000$16,800,000
30$18,520,333$17,629,933$17,369,533$19,279,067
31$20,387,980$18,472,373$17,929,985$20,648,467
32$22,445,452$19,355,417$18,508,538$22,128,481
33$24,712,090$20,281,035$19,105,776$23,731,293
34$27,209,208$21,251,290$19,722,304$25,468,129
35$29,960,290$22,268,346$20,358,744$27,351,299
36$32,991,219$23,334,474$21,015,742$29,394,304
37$36,330,514$24,452,055$21,693,960$31,611,955
38$40,009,605$25,623,583$22,394,086$34,020,503
39$44,063,124$26,851,678$23,116,827$36,637,786
40$48,529,237$28,139,085$23,862,915$39,483,380
41$53,450,002$29,488,683$24,633,105$42,578,780
42$58,871,764$30,903,490$25,428,176$45,947,587
43$64,845,596$32,386,673$26,248,932$49,615,722
44$71,427,780$33,941,554$27,096,205$53,611,655
45$78,680,337$35,571,613$27,970,851$57,966,665
46$86,671,613$37,280,503$28,873,756$62,715,119
47$95,476,924$39,072,054$29,805,833$67,894,779
48$105,179,268$40,950,283$30,768,026$73,547,151
49$115,870,108$42,919,401$31,761,310$79,717,855
50$127,650,233$44,983,827$32,786,688$86,457,041
51$140,630,715$47,148,192$33,845,200$93,819,846
52$154,933,951$49,417,357$34,937,918$101,866,895
53$170,694,823$51,796,416$36,065,947$110,664,857
54$188,061,968$54,290,714$37,230,429$120,287,051
55$207,199,185$56,905,854$38,432,544$130,814,118
56$228,286,977$59,647,716$39,673,510$142,334,764
57$251,524,258$62,522,464$40,954,582$154,946,570
58$277,130,230$65,536,563$42,277,058$168,756,892
59$305,346,452$68,696,793$43,642,278$183,883,849
60$336,439,121$72,010,266$45,051,625$200,457,410
61$370,701,582$75,484,440$46,506,525$218,620,596
62$408,457,103$79,127,137$48,008,453$238,530,800
63$450,061,922$82,946,561$49,558,931$260,361,241
64$495,908,611$86,951,316$51,159,528$284,302,572
65$546,429,785$91,150,426$52,811,868$310,564,639
66$602,102,181$95,553,354$54,517,623$339,378,437
67$663,451,162$100,170,028$56,278,523$370,998,244
68$731,055,679$105,010,857$58,096,352$405,703,992
69$805,553,730$110,086,761$59,972,951$443,803,863
70$887,648,389$115,409,191$61,910,223$485,637,160
71$978,114,441$120,990,157$63,910,132$531,577,463
72$1,077,805,696$126,842,258$65,974,704$582,036,114
73$1,187,663,052$132,978,703$68,106,032$637,466,048
74$1,308,723,376$139,413,352$70,306,276$698,366,019
75$1,442,129,291$146,160,737$72,577,667$765,285,254
76$1,589,139,968$153,236,103$74,922,508$838,828,587
77$1,751,143,009$160,655,436$77,343,177$919,662,104
78$1,929,667,549$168,435,506$79,842,126$1,008,519,374
79$2,126,398,693$176,593,899$82,421,891$1,106,208,310
80$2,343,193,423$185,149,063$85,085,087$1,213,618,724
81$2,582,098,130$194,120,345$87,834,416$1,331,730,664
82$2,845,367,935$203,528,038$90,672,664$1,461,623,587
83$3,135,487,977$213,393,425$93,602,712$1,604,486,472
84$3,455,196,878$223,738,830$96,627,530$1,761,628,967
85$3,807,512,595$234,587,668$99,750,187$1,934,493,663
86$4,195,760,912$245,964,496$102,973,851$2,124,669,628
87$4,623,606,841$257,895,072$106,301,791$2,333,907,310
88$5,095,089,223$270,406,414$109,737,385$2,564,134,969
89$5,614,658,853$283,526,858$113,284,117$2,817,476,775
90$6,187,220,507$297,286,126$116,945,586$3,096,272,754
91$6,818,179,244$311,715,391$120,725,508$3,403,100,766
92$7,513,491,432$326,847,350$124,627,718$3,740,800,724
93$8,279,720,987$342,716,299$128,656,176$4,112,501,280
94$9,124,101,340$359,358,210$132,814,970$4,521,649,231
95$10,054,603,727$376,810,813$137,108,321$4,972,041,921
96$11,080,012,444$395,113,680$141,540,587$5,467,862,950
97$12,210,007,784$414,308,320$146,116,267$6,013,721,516
98$13,455,257,421$434,438,272$150,840,006$6,614,695,777
99$14,827,517,130$455,549,199$155,716,598$7,276,380,622
100$16,339,741,769$477,689,001$160,750,995$8,004,940,322