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%13.2%
1 years$1,387,328$1,374,971$1,362,914$1,351,146$1,339,656$1,321,820
2 years$686,796$674,005$661,609$649,590$637,931$619,990
3 years$453,316$440,470$428,105$416,198$404,730$387,242
4 years$336,599$323,792$311,551$299,847$288,657$271,756
5 years$266,587$253,857$241,776$230,312$219,432$203,168
6 years$219,927$207,293$195,391$184,182$173,629$158,021
7 years$186,612$174,085$162,371$151,426$141,207$126,260
8 years$161,637$149,223$137,703$127,028$117,145$102,858
9 years$142,223$129,925$118,604$108,199$98,653$85,020
10 years$126,700$114,523$103,402$93,269$84,057$71,068
11 years$114,008$101,953$91,033$81,172$72,292$59,934
12 years$103,439$91,507$80,790$71,199$62,647$50,906
13 years$94,503$82,696$72,180$62,858$54,629$43,491
14 years$86,849$75,168$64,854$55,798$47,888$37,334
15 years$80,223$68,668$58,555$49,762$42,164$32,178
16 years$74,430$63,001$53,088$44,557$37,265$27,827
17 years$69,325$58,022$48,308$40,034$33,041$24,133
18 years$64,791$53,615$44,099$36,078$29,379$20,981
19 years$60,740$49,690$40,371$32,600$26,186$18,278
20 years$57,098$46,174$37,050$29,526$23,390$15,952
21 years$53,807$43,009$34,079$26,796$20,931$13,943
22 years$50,820$40,148$31,409$24,364$18,762$12,204
23 years$48,096$37,549$29,001$22,189$16,842$10,693
24 years$45,603$35,181$26,821$20,237$15,138$9,379
25 years$43,313$33,016$24,841$18,482$13,622$8,234
26 years$41,203$31,029$23,039$16,899$12,270$7,234
27 years$39,252$29,202$21,394$15,468$11,062$6,360
28 years$37,444$27,517$19,888$14,172$9,982$5,594
29 years$35,763$25,959$18,508$12,996$9,013$4,924
30 years$34,198$24,516$17,239$11,927$8,144$4,335
31 years$32,736$23,176$16,072$10,954$7,363$3,819
32 years$31,368$21,929$14,995$10,067$6,660$3,365
33 years$30,086$20,767$14,001$9,258$6,028$2,966
34 years$28,882$19,682$13,082$8,518$5,457$2,615
35 years$27,750$18,668$12,231$7,841$4,943$2,306
36 years$26,682$17,719$11,441$7,221$4,479$2,034
37 years$25,675$16,829$10,709$6,654$4,059$1,794
38 years$24,723$15,994$10,028$6,133$3,680$1,583
39 years$23,822$15,208$9,396$5,655$3,337$1,397
40 years$22,968$14,469$8,807$5,216$3,027$1,233
41 years$22,158$13,774$8,258$4,812$2,746$1,088
42 years$21,389$13,117$7,746$4,441$2,492$961
43 years$20,657$12,498$7,269$4,100$2,261$848
44 years$19,961$11,913$6,823$3,785$2,053$749
45 years$19,297$11,361$6,406$3,496$1,863$661
46 years$18,664$10,838$6,017$3,229$1,692$584
47 years$18,060$10,342$5,653$2,983$1,536$516
48 years$17,483$9,873$5,312$2,757$1,395$455
49 years$16,931$9,428$4,993$2,548$1,267$402
50 years$16,403$9,006$4,694$2,355$1,151$355

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 $6,926 every year, while hoping to spend $33,902 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: 35/38/27 Blend
29$16,800,000$16,800,000$16,800,000$16,800,000
30$18,520,744$17,630,344$17,369,944$19,017,802
31$20,373,789$18,458,160$17,915,766$20,217,552
32$22,414,707$19,325,402$18,478,736$21,507,601
33$24,662,628$20,233,967$19,059,394$22,898,900
34$27,138,627$21,185,842$19,658,295$24,400,526
35$29,865,931$22,183,113$20,276,012$26,022,429
36$32,870,134$23,227,963$20,913,137$27,775,517
37$36,179,439$24,322,684$21,570,278$29,671,749
38$39,824,924$25,469,678$22,248,064$31,724,247
39$43,840,837$26,671,463$22,947,145$33,947,405
40$48,264,917$27,930,679$23,668,189$36,357,017
41$53,138,751$29,250,095$24,411,886$38,970,420
42$58,508,166$30,632,613$25,178,947$41,806,646
43$64,423,664$32,081,275$25,970,106$44,886,590
44$70,940,894$33,599,274$26,786,121$48,233,199
45$78,121,180$35,189,954$27,627,772$51,871,679
46$86,032,102$36,856,824$28,495,864$55,829,717
47$94,748,129$38,603,560$29,391,227$60,137,734
48$104,351,324$40,434,021$30,314,720$64,829,159
49$114,932,120$42,352,249$31,267,224$69,940,729
50$126,590,172$44,362,484$32,249,651$75,512,827
51$139,435,296$46,469,172$33,262,941$81,589,843
52$153,588,511$48,676,976$34,308,064$88,220,582
53$169,183,173$50,990,783$35,386,018$95,458,709
54$186,366,244$53,415,718$36,497,837$103,363,237
55$205,299,669$55,957,156$37,644,582$111,999,067
56$226,161,911$58,620,732$38,827,352$121,437,587
57$249,149,635$61,412,357$40,047,277$131,757,320
58$274,479,561$64,338,227$41,305,525$143,044,651
59$302,390,515$67,404,838$42,603,298$155,394,623
60$333,145,679$70,619,007$43,941,840$168,911,806
61$367,035,076$73,987,876$45,322,430$183,711,269
62$404,378,311$77,518,939$46,746,388$199,919,638
63$445,527,584$81,220,052$48,215,077$217,676,269
64$490,871,017$85,099,454$49,729,902$237,134,537
65$540,836,318$89,165,785$51,292,311$258,463,257
66$595,894,819$93,428,105$52,903,800$281,848,251
67$656,565,922$97,895,914$54,565,909$307,494,070
68$723,422,008$102,579,175$56,280,229$335,625,896
69$797,093,835$107,488,337$58,048,398$366,491,635
70$878,276,495$112,634,355$59,872,109$400,364,225
71$967,735,979$118,028,719$61,753,106$437,544,173
72$1,066,316,401$123,683,478$63,693,187$478,362,361
73$1,174,947,973$129,611,268$65,694,208$523,183,126
74$1,294,655,786$135,825,340$67,758,084$572,407,662
75$1,426,569,485$142,339,590$69,886,788$626,477,763
76$1,571,933,932$149,168,591$72,082,356$685,879,951
77$1,732,120,966$156,327,624$74,346,888$751,150,021
78$1,908,642,346$163,832,719$76,682,549$822,878,052
79$2,103,164,024$171,700,681$79,091,574$901,713,926
80$2,317,521,879$179,949,139$81,576,266$988,373,411
81$2,553,739,042$188,596,578$84,139,002$1,083,644,861
82$2,814,044,998$197,662,384$86,782,232$1,188,396,599
83$3,100,896,636$207,166,888$89,508,485$1,303,585,059
84$3,417,001,440$217,131,414$92,320,367$1,430,263,744
85$3,765,343,055$227,578,321$95,220,567$1,569,593,110
86$4,149,209,451$238,531,063$98,211,860$1,722,851,450
87$4,572,223,962$250,014,232$101,297,105$1,891,446,887
88$5,038,379,501$262,053,625$104,479,253$2,076,930,592
89$5,552,076,249$274,676,291$107,761,346$2,281,011,348
90$6,118,163,200$287,910,602$111,146,525$2,505,571,598
91$6,741,983,937$301,786,313$114,638,024$2,752,685,127
92$7,429,427,084$316,334,628$118,239,184$3,024,636,547
93$8,186,981,897$331,588,275$121,953,447$3,323,942,771
94$9,021,799,529$347,581,579$125,784,365$3,653,376,673
95$9,941,760,541$364,350,536$129,735,602$4,015,993,158
96$10,955,549,307$381,932,903$133,810,935$4,415,157,894
97$12,072,735,996$400,368,275$138,014,262$4,854,578,966
98$13,303,866,929$419,698,182$142,349,600$5,338,341,766
99$14,660,564,140$439,966,177$146,821,096$5,870,947,432
100$16,155,635,104$461,217,942$151,433,025$6,457,355,210