Can I retire at age 30 with 16,900,000?

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 $16,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$1,395,586$1,383,155$1,371,027$1,359,189$1,347,630$1,309,742
2 years$690,884$678,017$665,547$653,456$641,728$603,846
3 years$456,014$443,092$430,653$418,676$407,139$370,448
4 years$338,602$325,719$313,405$301,632$290,375$255,158
5 years$268,174$255,368$243,215$231,683$220,738$187,091
6 years$221,236$208,527$196,554$185,278$174,663$142,617
7 years$187,723$175,121$163,337$152,328$142,048$111,603
8 years$162,599$150,111$138,523$127,784$117,842$88,983
9 years$143,069$130,698$119,310$108,843$99,240$71,938
10 years$127,454$115,204$104,017$93,824$84,558$58,776
11 years$114,686$102,560$91,575$81,655$72,722$48,420
12 years$104,054$92,052$81,270$71,622$63,020$40,151
13 years$95,065$83,188$72,610$63,232$54,954$33,468
14 years$87,366$75,616$65,240$56,130$48,173$28,018
15 years$80,700$69,076$58,903$50,058$42,415$23,536
16 years$74,873$63,376$53,404$44,822$37,487$19,829
17 years$69,737$58,367$48,596$40,272$33,238$16,745
18 years$65,177$53,934$44,362$36,293$29,554$14,170
19 years$61,101$49,985$40,611$32,794$26,342$12,010
20 years$57,438$46,449$37,271$29,701$23,529$10,194
21 years$54,127$43,265$34,282$26,956$21,056$8,662
22 years$51,122$40,386$31,596$24,509$18,874$7,368
23 years$48,382$37,773$29,173$22,321$16,942$6,273
24 years$45,874$35,391$26,980$20,358$15,228$5,344
25 years$43,571$33,212$24,989$18,592$13,703$4,556
26 years$41,448$31,214$23,176$17,000$12,343$3,886
27 years$39,485$29,376$21,521$15,560$11,128$3,315
28 years$37,666$27,681$20,007$14,256$10,041$2,830
29 years$35,976$26,114$18,618$13,073$9,067$2,416
30 years$34,401$24,662$17,342$11,998$8,193$2,064
31 years$32,931$23,314$16,167$11,019$7,407$1,763
32 years$31,555$22,059$15,084$10,127$6,700$1,506
33 years$30,265$20,891$14,084$9,313$6,064$1,287
34 years$29,054$19,800$13,160$8,568$5,490$1,100
35 years$27,915$18,780$12,303$7,888$4,972$941
36 years$26,841$17,825$11,510$7,264$4,505$804
37 years$25,828$16,929$10,773$6,693$4,083$688
38 years$24,870$16,089$10,088$6,169$3,702$588
39 years$23,964$15,299$9,452$5,688$3,357$503
40 years$23,105$14,556$8,859$5,247$3,045$430
41 years$22,290$13,856$8,307$4,841$2,762$368
42 years$21,516$13,196$7,792$4,467$2,507$314
43 years$20,780$12,573$7,312$4,124$2,275$269
44 years$20,080$11,984$6,863$3,808$2,065$230
45 years$19,412$11,428$6,445$3,517$1,875$197
46 years$18,775$10,902$6,053$3,248$1,702$168
47 years$18,168$10,404$5,687$3,001$1,545$144
48 years$17,587$9,932$5,344$2,773$1,404$123
49 years$17,032$9,484$5,023$2,563$1,275$105
50 years$16,500$9,060$4,722$2,369$1,158$90

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $16,900,000, adding $4,231 every year, while hoping to spend $44,805 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: 41/35/24 Blend
29$16,900,000$16,900,000$16,900,000$16,900,000
30$18,628,164$17,732,464$17,470,514$19,260,145
31$20,480,565$18,553,683$18,008,104$20,535,438
32$22,520,409$19,413,639$18,562,202$21,910,352
33$24,766,767$20,314,185$19,133,313$23,397,700
34$27,240,657$21,257,259$19,721,958$25,007,817
35$29,965,236$22,244,896$20,328,675$26,752,048
36$32,966,021$23,279,228$20,954,017$28,642,841
37$36,271,133$24,362,488$21,598,554$30,693,864
38$39,911,557$25,497,018$22,262,875$32,920,123
39$43,921,439$26,685,275$22,947,584$35,338,096
40$48,338,405$27,929,833$23,653,307$37,965,885
41$53,203,915$29,233,388$24,380,686$40,823,373
42$58,563,660$30,598,770$25,130,385$43,932,405
43$64,467,987$32,028,943$25,903,086$47,316,989
44$70,972,377$33,527,016$26,699,495$51,003,507
45$78,137,966$35,096,247$27,520,335$55,020,958
46$86,032,128$36,740,052$28,366,356$59,401,224
47$94,729,103$38,462,013$29,238,326$64,179,353
48$104,310,703$40,265,883$30,137,042$69,393,885
49$114,867,082$42,155,598$31,063,320$75,087,202
50$126,497,588$44,135,286$32,018,004$81,305,915
51$139,311,698$46,209,271$33,001,963$88,101,292
52$153,430,055$48,382,089$34,016,093$95,529,730
53$168,985,604$50,658,494$35,061,315$103,653,270
54$186,124,848$53,043,473$36,138,582$112,540,173
55$205,009,230$55,542,251$37,248,872$122,265,543
56$225,816,658$58,160,308$38,393,196$132,912,025
57$248,743,183$60,903,389$39,572,594$144,570,566
58$274,004,851$63,777,518$40,788,139$157,341,258
59$301,839,739$66,789,010$42,040,935$171,334,262
60$332,510,207$69,944,486$43,332,121$186,670,832
61$366,305,372$73,250,890$44,662,871$203,484,436
62$403,543,836$76,715,499$46,034,393$221,921,997
63$444,576,695$80,345,947$47,447,934$242,145,261
64$489,790,855$84,150,236$48,904,776$264,332,294
65$539,612,681$88,136,755$50,406,245$288,679,146
66$594,512,022$92,314,304$51,953,701$315,401,673
67$655,006,650$96,692,106$53,548,552$344,737,551
68$721,667,143$101,279,834$55,192,243$376,948,488
69$795,122,276$106,087,630$56,886,268$412,322,671
70$876,064,952$111,126,129$58,632,162$451,177,454
71$965,258,748$116,406,480$60,431,510$493,862,323
72$1,063,545,119$121,940,376$62,285,944$540,762,163
73$1,171,851,344$127,740,077$64,197,146$592,300,856
74$1,291,199,280$133,818,440$66,166,849$648,945,246
75$1,422,715,006$140,188,943$68,196,839$711,209,513
76$1,567,639,459$146,865,724$70,288,955$779,659,981
77$1,727,340,143$153,863,604$72,445,095$854,920,431
78$1,903,324,043$161,198,126$74,667,211$937,677,939
79$2,097,251,850$168,885,588$76,957,316$1,028,689,323
80$2,310,953,638$176,943,082$79,317,486$1,128,788,236
81$2,546,446,146$185,388,529$81,749,858$1,238,892,992
82$2,805,951,808$194,240,723$84,256,635$1,360,015,179
83$3,091,919,746$203,519,371$86,840,085$1,493,269,157
84$3,407,048,880$213,245,140$89,502,547$1,639,882,520
85$3,754,313,415$223,439,701$92,246,432$1,801,207,629
86$4,136,990,917$234,125,781$95,074,222$1,978,734,315
87$4,558,693,257$245,327,211$97,988,475$2,174,103,876
88$5,023,400,708$257,068,982$100,991,827$2,389,124,511
89$5,535,499,522$269,377,304$104,086,995$2,625,788,312
90$6,099,823,341$282,279,660$107,276,777$2,886,290,002
91$6,721,698,830$295,804,871$110,564,057$3,173,047,571
92$7,406,995,965$309,983,164$113,951,807$3,488,725,026
93$8,162,183,448$324,846,234$117,443,088$3,836,257,456
94$8,994,389,782$340,427,322$121,041,054$4,218,878,647
95$9,911,470,567$356,761,288$124,748,956$4,640,151,520
96$10,922,082,662$373,884,688$128,570,143$5,104,001,673
97$12,035,765,917$391,835,861$132,508,066$5,614,754,332
98$13,263,033,235$410,655,013$136,566,281$6,177,175,082
99$14,615,469,824$430,384,307$140,748,450$6,796,514,741
100$16,105,842,571$451,067,964$145,058,349$7,478,558,817