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%18.7%
1 years$1,395,586$1,383,155$1,371,027$1,359,189$1,347,630$1,300,332
2 years$690,884$678,017$665,547$653,456$641,728$594,573
3 years$456,014$443,092$430,653$418,676$407,139$361,608
4 years$338,602$325,719$313,405$301,632$290,375$246,817
5 years$268,174$255,368$243,215$231,683$220,738$179,267
6 years$221,236$208,527$196,554$185,278$174,663$135,310
7 years$187,723$175,121$163,337$152,328$142,048$104,805
8 years$162,599$150,111$138,523$127,784$117,842$82,680
9 years$143,069$130,698$119,310$108,843$99,240$66,113
10 years$127,454$115,204$104,017$93,824$84,558$53,410
11 years$114,686$102,560$91,575$81,655$72,722$43,491
12 years$104,054$92,052$81,270$71,622$63,020$35,635
13 years$95,065$83,188$72,610$63,232$54,954$29,344
14 years$87,366$75,616$65,240$56,130$48,173$24,260
15 years$80,700$69,076$58,903$50,058$42,415$20,122
16 years$74,873$63,376$53,404$44,822$37,487$16,734
17 years$69,737$58,367$48,596$40,272$33,238$13,946
18 years$65,177$53,934$44,362$36,293$29,554$11,644
19 years$61,101$49,985$40,611$32,794$26,342$9,736
20 years$57,438$46,449$37,271$29,701$23,529$8,151
21 years$54,127$43,265$34,282$26,956$21,056$6,831
22 years$51,122$40,386$31,596$24,509$18,874$5,729
23 years$48,382$37,773$29,173$22,321$16,942$4,809
24 years$45,874$35,391$26,980$20,358$15,228$4,039
25 years$43,571$33,212$24,989$18,592$13,703$3,393
26 years$41,448$31,214$23,176$17,000$12,343$2,853
27 years$39,485$29,376$21,521$15,560$11,128$2,399
28 years$37,666$27,681$20,007$14,256$10,041$2,018
29 years$35,976$26,114$18,618$13,073$9,067$1,698
30 years$34,401$24,662$17,342$11,998$8,193$1,429
31 years$32,931$23,314$16,167$11,019$7,407$1,202
32 years$31,555$22,059$15,084$10,127$6,700$1,012
33 years$30,265$20,891$14,084$9,313$6,064$852
34 years$29,054$19,800$13,160$8,568$5,490$718
35 years$27,915$18,780$12,303$7,888$4,972$604
36 years$26,841$17,825$11,510$7,264$4,505$509
37 years$25,828$16,929$10,773$6,693$4,083$429
38 years$24,870$16,089$10,088$6,169$3,702$361
39 years$23,964$15,299$9,452$5,688$3,357$304
40 years$23,105$14,556$8,859$5,247$3,045$256
41 years$22,290$13,856$8,307$4,841$2,762$216
42 years$21,516$13,196$7,792$4,467$2,507$182
43 years$20,780$12,573$7,312$4,124$2,275$153
44 years$20,080$11,984$6,863$3,808$2,065$129
45 years$19,412$11,428$6,445$3,517$1,875$109
46 years$18,775$10,902$6,053$3,248$1,702$91
47 years$18,168$10,404$5,687$3,001$1,545$77
48 years$17,587$9,932$5,344$2,773$1,404$65
49 years$17,032$9,484$5,023$2,563$1,275$55
50 years$16,500$9,060$4,722$2,369$1,158$46

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 $3,907 every year, while hoping to spend $55,394 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: 61/18/21 Blend
29$16,900,000$16,900,000$16,900,000$16,900,000
30$18,627,830$17,732,130$17,470,180$19,661,507
31$20,468,930$18,542,066$17,996,492$21,171,207
32$22,495,965$19,389,832$18,538,579$22,811,693
33$24,727,844$20,277,223$19,096,911$24,600,890
34$27,185,398$21,206,121$19,671,972$26,553,265
35$29,891,585$22,178,498$20,264,260$28,684,728
36$32,871,701$23,196,419$20,874,287$31,012,787
37$36,153,622$24,262,050$21,502,583$33,556,704
38$39,768,062$25,377,661$22,149,690$36,337,672
39$43,748,868$26,545,630$22,816,168$39,379,014
40$48,133,337$27,768,451$23,502,594$42,706,399
41$52,962,567$29,048,735$24,209,561$46,348,076
42$58,281,848$30,389,221$24,937,680$50,335,138
43$64,141,083$31,792,780$25,687,579$54,701,812
44$70,595,267$33,262,420$26,459,907$59,485,773
45$77,704,999$34,801,293$27,255,328$64,728,498
46$85,537,058$36,412,705$28,074,531$70,475,651
47$94,165,030$38,100,120$28,918,220$76,777,505
48$103,670,006$39,867,169$29,787,124$83,689,415
49$114,141,344$41,717,658$30,681,990$91,272,330
50$125,677,515$43,655,576$31,603,589$99,593,365
51$138,387,027$45,685,106$32,552,716$108,726,424
52$152,389,458$47,810,630$33,530,186$118,752,895
53$167,816,576$50,036,744$34,536,840$129,762,404
54$184,813,587$52,368,265$35,573,544$141,853,660
55$203,540,504$54,810,241$36,641,189$155,135,374
56$224,173,658$57,367,965$37,740,692$169,727,279
57$246,907,363$60,046,987$38,872,997$185,761,247
58$271,955,747$62,853,123$40,039,076$203,382,531
59$299,554,778$65,792,471$41,239,929$222,751,121
60$329,964,485$68,871,421$42,476,587$244,043,245
61$363,471,419$72,096,677$43,750,108$267,453,024
62$400,391,352$75,475,263$45,061,586$293,194,290
63$441,072,263$79,014,544$46,412,142$321,502,596
64$485,897,618$82,722,241$47,802,932$352,637,425
65$535,289,992$86,606,448$49,235,148$386,884,627
66$589,715,060$90,675,652$50,710,014$424,559,107
67$649,685,987$94,938,750$52,228,791$466,007,779
68$715,768,279$99,405,070$53,792,776$511,612,830
69$788,585,115$104,084,391$55,403,307$561,795,311
70$868,823,236$108,986,965$57,061,756$617,019,097
71$957,239,422$114,123,542$58,769,541$677,795,249
72$1,054,667,640$119,505,392$60,528,117$744,686,820
73$1,162,026,914$125,144,332$62,338,984$818,314,155
74$1,280,330,005$131,052,749$64,203,686$899,360,725
75$1,410,692,965$137,243,634$66,123,809$988,579,561
76$1,554,345,681$143,730,605$68,100,990$1,086,800,344
77$1,712,643,477$150,527,942$70,136,910$1,194,937,213
78$1,887,079,917$157,650,616$72,233,301$1,313,997,374
79$2,079,300,898$165,114,325$74,391,946$1,445,090,583
80$2,291,120,192$172,935,530$76,614,679$1,589,439,602
81$2,524,536,568$181,131,487$78,903,387$1,748,391,712
82$2,781,752,661$189,720,293$81,260,014$1,923,431,406
83$3,065,195,767$198,720,922$83,686,559$2,116,194,379
84$3,377,540,755$208,153,268$86,185,079$2,328,482,936
85$3,721,735,326$218,038,191$88,757,693$2,562,282,979
86$4,101,027,834$228,397,567$91,406,580$2,819,782,721
87$4,518,997,955$239,254,331$94,133,983$3,103,393,310
88$4,979,590,486$250,632,532$96,942,210$3,415,771,560
89$5,487,152,579$262,557,389$99,833,638$3,759,844,992
90$6,046,474,787$275,055,346$102,810,710$4,138,839,435
91$6,662,836,288$288,154,132$105,875,942$4,556,309,443
92$7,342,054,727$301,882,821$109,031,923$5,016,171,803
93$8,090,541,134$316,271,905$112,281,317$5,522,742,476
94$8,915,360,455$331,353,353$115,626,867$6,080,777,292
95$9,824,298,246$347,160,692$119,071,391$6,695,516,801
96$10,825,934,180$363,729,078$122,617,795$7,372,735,699
97$11,929,723,040$381,095,377$126,269,065$8,118,797,293
98$13,146,083,986$399,298,247$130,028,275$8,940,713,517
99$14,486,498,919$418,378,227$133,898,589$9,846,211,076
100$15,963,620,877$438,377,829$137,883,260$10,843,804,331