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%13.8%
1 years$1,403,844$1,391,339$1,379,139$1,367,231$1,355,604$1,334,245
2 years$694,972$682,029$669,485$657,323$645,526$624,062
3 years$458,713$445,714$433,201$421,153$409,548$388,648
4 years$340,606$327,647$315,260$303,417$292,093$271,917
5 years$269,760$256,879$244,654$233,053$222,044$202,651
6 years$222,546$209,761$197,717$186,375$175,696$157,108
7 years$188,834$176,157$164,304$153,229$142,888$125,111
8 years$163,562$150,999$139,343$128,540$118,539$101,570
9 years$143,916$131,472$120,016$109,487$99,827$83,657
10 years$128,208$115,886$104,632$94,379$85,058$69,674
11 years$115,365$103,166$92,117$82,138$73,153$58,538
12 years$104,670$92,597$81,751$72,046$63,393$49,530
13 years$95,628$83,680$73,039$63,606$55,280$42,149
14 years$87,883$76,063$65,626$56,462$48,458$36,037
15 years$81,178$69,485$59,252$50,355$42,666$30,933
16 years$75,316$63,751$53,720$45,087$37,708$26,639
17 years$70,150$58,712$48,883$40,510$33,435$23,005
18 years$65,562$54,253$44,624$36,508$29,729$19,914
19 years$61,463$50,281$40,851$32,988$26,498$17,272
20 years$57,778$46,724$37,491$29,877$23,668$15,007
21 years$54,448$43,521$34,485$27,115$21,180$13,058
22 years$51,425$40,625$31,783$24,654$18,985$11,377
23 years$48,669$37,996$29,346$22,453$17,042$9,923
24 years$46,146$35,600$27,140$20,478$15,318$8,663
25 years$43,829$33,409$25,137$18,702$13,784$7,569
26 years$41,693$31,399$23,313$17,100$12,416$6,618
27 years$39,719$29,550$21,649$15,652$11,194$5,791
28 years$37,889$27,845$20,125$14,341$10,101$5,069
29 years$36,189$26,268$18,728$13,151$9,121$4,440
30 years$34,605$24,808$17,445$12,069$8,241$3,890
31 years$33,126$23,452$16,263$11,085$7,451$3,409
32 years$31,742$22,190$15,174$10,187$6,740$2,989
33 years$30,445$21,014$14,168$9,368$6,099$2,622
34 years$29,226$19,917$13,238$8,619$5,522$2,300
35 years$28,080$18,891$12,376$7,934$5,002$2,018
36 years$27,000$17,930$11,578$7,307$4,532$1,771
37 years$25,981$17,029$10,836$6,733$4,107$1,554
38 years$25,017$16,184$10,148$6,206$3,724$1,364
39 years$24,106$15,389$9,507$5,722$3,377$1,198
40 years$23,242$14,642$8,911$5,278$3,063$1,052
41 years$22,422$13,938$8,356$4,869$2,779$924
42 years$21,643$13,274$7,838$4,494$2,521$811
43 years$20,903$12,647$7,355$4,148$2,288$712
44 years$20,198$12,055$6,904$3,830$2,077$626
45 years$19,527$11,496$6,483$3,537$1,886$550
46 years$18,886$10,967$6,089$3,268$1,712$483
47 years$18,275$10,465$5,720$3,019$1,555$424
48 years$17,691$9,991$5,375$2,790$1,412$373
49 years$17,132$9,541$5,053$2,578$1,282$327
50 years$16,598$9,114$4,750$2,383$1,165$288

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 $5,881 every year, while hoping to spend $56,478 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: 62/11/27 Blend
29$17,000,000$17,000,000$17,000,000$17,000,000
30$18,740,066$17,839,066$17,575,566$19,766,315
31$20,591,461$18,653,088$18,104,256$21,277,859
32$22,629,805$19,505,105$18,648,763$22,920,941
33$24,874,107$20,396,917$19,209,559$24,713,883
34$27,345,315$21,330,414$19,787,128$26,671,351
35$30,066,508$22,307,576$20,381,967$28,809,482
36$33,063,119$23,330,475$20,994,591$31,146,036
37$36,363,175$24,401,286$21,625,528$33,700,558
38$39,997,557$25,522,286$22,275,320$36,494,563
39$44,000,293$26,695,864$22,944,529$39,551,734
40$48,408,883$27,924,521$23,633,731$42,898,140
41$53,264,646$29,210,880$24,343,518$46,562,482
42$58,613,116$30,557,689$25,074,502$50,576,357
43$64,504,467$31,967,829$25,827,311$54,974,554
44$70,993,990$33,444,320$26,602,594$59,795,380
45$78,142,612$34,990,326$27,401,015$65,081,014
46$86,017,470$36,609,165$28,223,261$70,877,900
47$94,692,550$38,304,312$29,070,038$77,237,188
48$104,249,380$40,079,412$29,942,074$84,215,204
49$114,777,798$41,938,285$30,840,115$91,873,979
50$126,376,808$43,884,935$31,764,933$100,281,833
51$139,155,504$45,923,559$32,717,320$109,514,009
52$153,234,107$48,058,555$33,698,092$119,653,384
53$168,745,097$50,294,535$34,708,089$130,791,240
54$185,834,463$52,636,334$35,748,176$143,028,120
55$204,663,081$55,089,017$36,819,243$156,474,777
56$225,408,234$57,657,898$37,922,207$171,253,204
57$248,265,283$60,348,543$39,058,009$187,497,787
58$273,449,510$63,166,791$40,227,621$205,356,560
59$301,198,156$66,118,759$41,432,042$224,992,599
60$331,772,653$69,210,863$42,672,300$246,585,554
61$365,461,095$72,449,827$43,949,454$270,333,335
62$402,580,959$75,842,700$45,264,593$296,453,970
63$443,482,098$79,396,874$46,618,838$325,187,660
64$488,550,046$83,120,095$48,013,343$356,799,034
65$538,209,658$87,020,487$49,449,297$391,579,638
66$592,929,116$91,106,564$50,927,922$429,850,678
67$653,224,355$95,387,254$52,450,476$471,966,042
68$719,663,926$99,871,917$54,018,255$518,315,630
69$792,874,371$104,570,365$55,632,590$569,329,024
70$873,546,130$109,492,886$57,294,855$625,479,530
71$962,440,063$114,650,266$59,006,461$687,288,639
72$1,060,394,632$120,053,812$60,768,860$755,330,932
73$1,168,333,817$125,715,381$62,583,549$830,239,493
74$1,287,275,835$131,647,403$64,452,067$912,711,875
75$1,418,342,756$137,862,911$66,375,997$1,003,516,666
76$1,562,771,093$144,375,570$68,356,969$1,103,500,735
77$1,721,923,478$151,199,707$70,396,661$1,213,597,207
78$1,897,301,523$158,350,343$72,496,799$1,334,834,260
79$2,090,559,997$165,843,228$74,659,161$1,468,344,811
80$2,303,522,448$173,694,877$76,885,573$1,615,377,199
81$2,538,198,416$181,922,605$79,177,918$1,777,306,944
82$2,796,802,408$190,544,566$81,538,133$1,955,649,723
83$3,081,774,802$199,579,798$83,968,208$2,152,075,653
84$3,395,804,884$209,048,261$86,470,196$2,368,425,037
85$3,741,856,240$218,970,883$89,046,205$2,606,725,720
86$4,123,194,731$229,369,611$91,698,407$2,869,212,208
87$4,543,419,326$240,267,454$94,429,036$3,158,346,740
88$5,006,496,080$251,688,542$97,240,392$3,476,842,511
89$5,516,795,574$263,658,175$100,134,839$3,827,689,255
90$6,079,134,179$276,202,882$103,114,812$4,214,181,453
91$6,698,819,524$289,350,481$106,182,817$4,639,949,397
92$7,381,700,604$303,130,143$109,341,430$5,108,993,441
93$8,134,223,000$317,572,456$112,593,303$5,625,721,736
94$8,963,489,733$332,709,493$115,941,165$6,194,991,811
95$9,877,328,316$348,574,888$119,387,825$6,822,156,403
96$10,884,364,658$365,203,911$122,936,170$7,513,113,954
97$11,994,104,495$382,633,545$126,589,174$8,274,364,263
98$13,217,023,137$400,902,572$130,349,894$9,113,069,807
99$14,564,664,360$420,051,660$134,221,479$10,037,123,330
100$16,049,749,390$440,123,458$138,207,164$11,055,222,308