Can I retire at age 30 with 17,000,000?

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 $17,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$1,403,844$1,391,339$1,379,139$1,367,231$1,355,604$1,333,146
2 years$694,972$682,029$669,485$657,323$645,526$622,966
3 years$458,713$445,714$433,201$421,153$409,548$387,588
4 years$340,606$327,647$315,260$303,417$292,093$270,902
5 years$269,760$256,879$244,654$233,053$222,044$201,683
6 years$222,546$209,761$197,717$186,375$175,696$156,188
7 years$188,834$176,157$164,304$153,229$142,888$124,239
8 years$163,562$150,999$139,343$128,540$118,539$100,746
9 years$143,916$131,472$120,016$109,487$99,827$82,880
10 years$128,208$115,886$104,632$94,379$85,058$68,942
11 years$115,365$103,166$92,117$82,138$73,153$57,851
12 years$104,670$92,597$81,751$72,046$63,393$48,886
13 years$95,628$83,680$73,039$63,606$55,280$41,546
14 years$87,883$76,063$65,626$56,462$48,458$35,474
15 years$81,178$69,485$59,252$50,355$42,666$30,408
16 years$75,316$63,751$53,720$45,087$37,708$26,150
17 years$70,150$58,712$48,883$40,510$33,435$22,551
18 years$65,562$54,253$44,624$36,508$29,729$19,492
19 years$61,463$50,281$40,851$32,988$26,498$16,882
20 years$57,778$46,724$37,491$29,877$23,668$14,646
21 years$54,448$43,521$34,485$27,115$21,180$12,725
22 years$51,425$40,625$31,783$24,654$18,985$11,069
23 years$48,669$37,996$29,346$22,453$17,042$9,640
24 years$46,146$35,600$27,140$20,478$15,318$8,403
25 years$43,829$33,409$25,137$18,702$13,784$7,330
26 years$41,693$31,399$23,313$17,100$12,416$6,399
27 years$39,719$29,550$21,649$15,652$11,194$5,590
28 years$37,889$27,845$20,125$14,341$10,101$4,885
29 years$36,189$26,268$18,728$13,151$9,121$4,272
30 years$34,605$24,808$17,445$12,069$8,241$3,737
31 years$33,126$23,452$16,263$11,085$7,451$3,270
32 years$31,742$22,190$15,174$10,187$6,740$2,862
33 years$30,445$21,014$14,168$9,368$6,099$2,506
34 years$29,226$19,917$13,238$8,619$5,522$2,194
35 years$28,080$18,891$12,376$7,934$5,002$1,922
36 years$27,000$17,930$11,578$7,307$4,532$1,684
37 years$25,981$17,029$10,836$6,733$4,107$1,476
38 years$25,017$16,184$10,148$6,206$3,724$1,293
39 years$24,106$15,389$9,507$5,722$3,377$1,133
40 years$23,242$14,642$8,911$5,278$3,063$993
41 years$22,422$13,938$8,356$4,869$2,779$871
42 years$21,643$13,274$7,838$4,494$2,521$763
43 years$20,903$12,647$7,355$4,148$2,288$669
44 years$20,198$12,055$6,904$3,830$2,077$587
45 years$19,527$11,496$6,483$3,537$1,886$515
46 years$18,886$10,967$6,089$3,268$1,712$451
47 years$18,275$10,465$5,720$3,019$1,555$396
48 years$17,691$9,991$5,375$2,790$1,412$347
49 years$17,132$9,541$5,053$2,578$1,282$304
50 years$16,598$9,114$4,750$2,383$1,165$267

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $17,000,000, adding $6,815 every year, while hoping to spend $22,459 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: 73/5/22 Blend
29$17,000,000$17,000,000$17,000,000$17,000,000
30$18,741,030$17,840,030$17,576,530$20,007,901
31$20,628,718$18,690,295$18,141,447$21,702,120
32$22,708,199$19,581,470$18,724,537$23,554,361
33$24,999,010$20,515,537$19,326,383$25,583,126
34$27,522,682$21,494,572$19,947,591$27,805,982
35$30,302,944$22,520,754$20,588,783$30,242,271
36$33,365,939$23,596,366$21,250,603$32,913,294
37$36,740,482$24,723,805$21,933,714$35,842,506
38$40,458,321$25,905,581$22,638,803$39,055,735
39$44,554,444$27,144,329$23,366,578$42,581,428
40$49,067,407$28,442,811$24,117,768$46,450,911
41$54,039,697$29,803,923$24,893,128$50,698,687
42$59,518,135$31,230,704$25,693,436$55,362,758
43$65,554,314$32,726,338$26,519,496$60,484,979
44$72,205,091$34,294,166$27,372,136$66,111,453
45$79,533,121$35,937,691$28,252,214$72,292,962
46$87,607,449$37,660,586$29,160,612$79,085,441
47$96,504,159$39,466,705$30,098,242$86,550,510
48$106,307,097$41,360,088$31,066,048$94,756,043
49$117,108,659$43,344,971$32,064,999$103,776,814
50$129,010,666$45,425,798$33,096,099$113,695,194
51$142,125,320$47,607,228$34,160,385$124,601,925
52$156,576,269$49,894,148$35,258,924$136,596,978
53$172,499,771$52,291,685$36,392,821$149,790,485
54$190,045,981$54,805,211$37,563,214$164,303,781
55$209,380,369$57,440,363$38,771,279$180,270,544
56$230,685,279$60,203,054$40,018,230$197,838,048
57$254,161,656$63,099,482$41,305,319$217,168,555
58$280,030,938$66,136,149$42,633,840$238,440,838
59$308,537,147$69,319,874$44,005,127$261,851,866
60$339,949,195$72,657,807$45,420,558$287,618,655
61$374,563,423$76,157,449$46,881,556$315,980,315
62$412,706,393$79,826,665$48,389,589$347,200,301
63$454,737,977$83,673,704$49,946,172$381,568,893
64$501,054,751$87,707,216$51,552,870$419,405,929
65$552,093,743$91,936,276$53,211,298$461,063,824
66$608,336,550$96,370,400$54,923,122$506,930,882
67$670,313,895$101,019,566$56,690,064$557,434,963
68$738,610,631$105,894,243$58,513,899$613,047,511
69$813,871,262$111,005,408$60,396,461$674,287,997
70$896,806,031$116,364,574$62,339,643$741,728,817
71$988,197,624$121,983,815$64,345,399$816,000,689
72$1,088,908,557$127,875,797$66,415,745$897,798,594
73$1,199,889,320$134,053,802$68,552,763$987,888,335
74$1,322,187,351$140,531,759$70,758,601$1,087,113,753
75$1,456,956,926$147,324,280$73,035,479$1,196,404,687
76$1,605,470,051$154,446,688$75,385,686$1,316,785,741
77$1,769,128,475$161,915,055$77,811,586$1,449,385,946
78$1,949,476,924$169,746,237$80,315,618$1,595,449,411
79$2,148,217,681$177,957,914$82,900,302$1,756,347,055
80$2,367,226,660$186,568,627$85,568,238$1,933,589,539
81$2,608,571,114$195,597,824$88,322,108$2,128,841,517
82$2,874,529,153$205,065,903$91,164,685$2,343,937,338
83$3,167,611,252$214,994,257$94,098,826$2,580,898,350
84$3,490,583,948$225,405,324$97,127,486$2,841,951,970
85$3,846,495,965$236,322,639$100,253,711$3,129,552,702
86$4,238,706,989$247,770,885$103,480,646$3,446,405,290
87$4,670,919,394$259,775,950$106,811,540$3,795,490,242
88$5,147,213,189$272,364,988$110,249,743$4,180,091,948
89$5,672,084,542$285,566,480$113,798,717$4,603,829,677
90$6,250,488,225$299,410,297$117,462,033$5,070,691,723
91$6,887,884,391$313,927,769$121,243,379$5,585,073,044
92$7,590,290,127$329,151,758$125,146,561$6,151,816,735
93$8,364,336,257$345,116,731$129,175,507$6,776,259,729
94$9,217,329,942$361,858,838$133,334,273$7,464,283,166
95$10,157,323,672$379,415,997$137,627,047$8,222,367,890
96$11,193,191,284$397,827,978$142,058,151$9,057,655,620
97$12,334,711,741$417,136,495$146,632,045$9,978,016,341
98$13,592,661,456$437,385,300$151,353,335$10,992,122,589
99$14,978,916,028$458,620,284$156,226,776$12,109,531,298
100$16,506,562,365$480,889,580$161,257,275$13,340,774,002