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

Use the below retirement simulation to view the chances of a successful retirement.
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%19.2%
1 years$1,403,844$1,391,339$1,379,139$1,367,231$1,355,604$1,305,430
2 years$694,972$682,029$669,485$657,323$645,526$595,543
3 years$458,713$445,714$433,201$421,153$409,548$361,328
4 years$340,606$327,647$315,260$303,417$292,093$246,004
5 years$269,760$256,879$244,654$233,053$222,044$178,206
6 years$222,546$209,761$197,717$186,375$175,696$134,140
7 years$188,834$176,157$164,304$153,229$142,888$103,602
8 years$163,562$150,999$139,343$128,540$118,539$81,489
9 years$143,916$131,472$120,016$109,487$99,827$64,962
10 years$128,208$115,886$104,632$94,379$85,058$52,314
11 years$115,365$103,166$92,117$82,138$73,153$42,460
12 years$104,670$92,597$81,751$72,046$63,393$34,675
13 years$95,628$83,680$73,039$63,606$55,280$28,455
14 years$87,883$76,063$65,626$56,462$48,458$23,443
15 years$81,178$69,485$59,252$50,355$42,666$19,375
16 years$75,316$63,751$53,720$45,087$37,708$16,055
17 years$70,150$58,712$48,883$40,510$33,435$13,331
18 years$65,562$54,253$44,624$36,508$29,729$11,089
19 years$61,463$50,281$40,851$32,988$26,498$9,237
20 years$57,778$46,724$37,491$29,877$23,668$7,703
21 years$54,448$43,521$34,485$27,115$21,180$6,431
22 years$51,425$40,625$31,783$24,654$18,985$5,373
23 years$48,669$37,996$29,346$22,453$17,042$4,492
24 years$46,146$35,600$27,140$20,478$15,318$3,757
25 years$43,829$33,409$25,137$18,702$13,784$3,145
26 years$41,693$31,399$23,313$17,100$12,416$2,633
27 years$39,719$29,550$21,649$15,652$11,194$2,205
28 years$37,889$27,845$20,125$14,341$10,101$1,847
29 years$36,189$26,268$18,728$13,151$9,121$1,548
30 years$34,605$24,808$17,445$12,069$8,241$1,297
31 years$33,126$23,452$16,263$11,085$7,451$1,087
32 years$31,742$22,190$15,174$10,187$6,740$912
33 years$30,445$21,014$14,168$9,368$6,099$764
34 years$29,226$19,917$13,238$8,619$5,522$641
35 years$28,080$18,891$12,376$7,934$5,002$537
36 years$27,000$17,930$11,578$7,307$4,532$451
37 years$25,981$17,029$10,836$6,733$4,107$378
38 years$25,017$16,184$10,148$6,206$3,724$317
39 years$24,106$15,389$9,507$5,722$3,377$266
40 years$23,242$14,642$8,911$5,278$3,063$223
41 years$22,422$13,938$8,356$4,869$2,779$187
42 years$21,643$13,274$7,838$4,494$2,521$157
43 years$20,903$12,647$7,355$4,148$2,288$132
44 years$20,198$12,055$6,904$3,830$2,077$110
45 years$19,527$11,496$6,483$3,537$1,886$93
46 years$18,886$10,967$6,089$3,268$1,712$78
47 years$18,275$10,465$5,720$3,019$1,555$65
48 years$17,691$9,991$5,375$2,790$1,412$55
49 years$17,132$9,541$5,053$2,578$1,282$46
50 years$16,598$9,114$4,750$2,383$1,165$38

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 $3,976 every year, while hoping to spend $37,128 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: 47/23/30 Blend
29$17,000,000$17,000,000$17,000,000$17,000,000
30$18,738,101$17,837,101$17,573,601$19,457,181
31$20,609,884$18,671,615$18,122,813$20,801,298
32$22,671,344$19,545,776$18,689,179$22,255,607
33$24,941,789$20,461,487$19,273,235$23,833,671
34$27,442,495$21,420,744$19,875,532$25,547,161
35$30,196,908$22,425,639$20,496,641$27,408,902
36$33,230,863$23,478,365$21,137,148$29,432,986
37$36,572,827$24,581,222$21,797,659$31,634,901
38$40,254,173$25,736,619$22,478,798$34,031,672
39$44,309,471$26,947,085$23,181,210$36,642,011
40$48,776,813$28,215,269$23,905,557$39,486,496
41$53,698,180$29,543,949$24,652,525$42,587,751
42$59,119,830$30,936,038$25,422,820$45,970,656
43$65,092,737$32,394,589$26,217,169$49,662,577
44$71,673,075$33,922,803$27,036,323$53,693,614
45$78,922,746$35,524,037$27,881,057$58,096,877
46$86,909,962$37,201,811$28,752,168$62,908,793
47$95,709,893$38,959,814$29,650,480$68,169,442
48$105,405,372$40,801,915$30,576,842$73,922,922
49$116,087,683$42,732,171$31,532,129$80,217,763
50$127,857,414$44,754,835$32,517,243$87,107,371
51$140,825,414$46,874,367$33,533,115$94,650,523
52$155,113,837$49,095,441$34,580,705$102,911,913
53$170,857,293$51,422,962$35,661,002$111,962,751
54$188,204,118$53,862,069$36,775,028$121,881,423
55$207,317,781$56,418,153$37,923,834$132,754,223
56$228,378,418$59,096,865$39,108,505$144,676,151
57$251,584,537$61,904,133$40,330,161$157,751,800
58$277,154,894$64,846,169$41,589,955$172,096,328
59$305,330,552$67,929,491$42,889,078$187,836,533
60$336,377,162$71,160,929$44,228,756$205,112,036
61$370,587,467$74,547,650$45,610,254$224,076,581
62$408,284,069$78,097,164$47,034,877$244,899,473
63$449,822,469$81,817,350$48,503,970$267,767,159
64$495,594,428$85,716,468$50,018,921$292,884,971
65$546,031,665$89,803,180$51,581,160$320,479,046
66$601,609,928$94,086,569$53,192,162$350,798,443
67$662,853,489$98,576,159$54,853,448$384,117,474
68$730,340,093$103,281,939$56,566,586$420,738,271
69$804,706,410$108,214,382$58,333,195$460,993,620
70$886,654,048$113,384,471$60,154,941$505,250,080
71$976,956,174$118,803,723$62,033,544$553,911,416
72$1,076,464,815$124,484,216$63,970,779$607,422,391
73$1,186,118,898$130,438,615$65,968,472$666,272,937
74$1,306,953,120$136,680,202$68,028,511$731,002,754
75$1,440,107,711$143,222,904$70,152,838$802,206,375
76$1,586,839,200$150,081,328$72,343,460$880,538,754
77$1,748,532,276$157,270,791$74,602,444$966,721,413
78$1,926,712,863$164,807,355$76,931,921$1,061,549,227
79$2,123,062,525$172,707,865$79,334,090$1,165,897,890
80$2,339,434,338$180,989,986$81,811,218$1,280,732,149
81$2,577,870,388$189,672,243$84,365,641$1,407,114,878
82$2,840,621,049$198,774,064$86,999,771$1,546,217,070
83$3,130,166,225$208,315,822$89,716,092$1,699,328,853
84$3,449,238,766$218,318,884$92,517,168$1,867,871,629
85$3,800,850,268$228,805,657$95,405,641$2,053,411,451
86$4,188,319,501$239,799,640$98,384,235$2,257,673,757
87$4,615,303,745$251,325,477$101,455,762$2,482,559,616
88$5,085,833,315$263,409,013$104,623,118$2,730,163,625
89$5,604,349,611$276,077,353$107,889,291$3,002,793,627
90$6,175,747,050$289,358,922$111,257,361$3,302,992,453
91$6,805,419,273$303,283,533$114,730,506$3,633,561,860
92$7,499,310,062$317,882,449$118,312,001$3,997,588,932
93$8,263,969,459$333,188,460$122,005,224$4,398,475,157
94$9,106,615,602$349,235,953$125,813,657$4,839,968,473
95$10,035,202,871$366,060,992$129,740,893$5,326,198,588
96$11,058,496,985$383,701,402$133,790,634$5,861,715,893
97$12,186,157,757$402,196,850$137,966,699$6,451,534,346
98$13,428,830,291$421,588,938$142,273,026$7,101,178,731
99$14,798,245,483$441,921,298$146,713,674$7,816,736,736
100$16,307,330,771$463,239,691$151,292,832$8,604,916,336