Can I retire at age 30 with 17,100,000?

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 $17,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$1,412,102$1,399,524$1,387,252$1,375,274$1,363,578$1,337,688
2 years$699,060$686,041$673,423$661,189$649,323$623,340
3 years$461,411$448,335$435,749$423,630$411,957$386,692
4 years$342,609$329,574$317,114$305,202$293,811$269,457
5 years$271,347$258,390$246,093$234,424$223,351$199,978
6 years$223,855$210,995$198,880$187,471$176,730$154,364
7 years$189,945$177,193$165,270$154,130$143,729$122,376
8 years$164,524$151,887$140,162$129,296$119,237$98,891
9 years$144,762$132,245$120,722$110,132$100,415$81,063
10 years$128,962$116,568$105,248$94,934$85,558$67,183
11 years$116,044$103,773$92,659$82,621$73,583$56,163
12 years$105,286$93,141$82,232$72,470$63,765$47,275
13 years$96,190$84,173$73,469$63,980$55,605$40,018
14 years$88,400$76,511$66,012$56,794$48,743$34,032
15 years$81,655$69,894$59,600$50,651$42,917$29,051
16 years$75,759$64,126$54,036$45,352$37,930$24,879
17 years$70,563$59,058$49,171$40,749$33,631$21,362
18 years$65,948$54,572$44,887$36,723$29,904$18,385
19 years$61,824$50,577$41,092$33,182$26,654$15,852
20 years$58,117$46,998$37,712$30,053$23,808$13,691
21 years$54,768$43,777$34,688$27,275$21,305$11,841
22 years$51,727$40,864$31,970$24,799$19,097$10,253
23 years$48,955$38,220$29,519$22,585$17,143$8,888
24 years$46,417$35,809$27,300$20,599$15,408$7,711
25 years$44,086$33,605$25,285$18,812$13,865$6,695
26 years$41,938$31,584$23,451$17,201$12,489$5,816
27 years$39,953$29,724$21,776$15,744$11,260$5,056
28 years$38,112$28,009$20,244$14,425$10,160$4,398
29 years$36,402$26,423$18,838$13,228$9,174$3,826
30 years$34,808$24,954$17,547$12,140$8,290$3,331
31 years$33,320$23,589$16,359$11,150$7,495$2,900
32 years$31,928$22,320$15,263$10,247$6,779$2,526
33 years$30,624$21,138$14,251$9,423$6,135$2,200
34 years$29,398$20,034$13,315$8,670$5,555$1,917
35 years$28,245$19,002$12,449$7,981$5,031$1,671
36 years$27,159$18,035$11,646$7,350$4,559$1,456
37 years$26,133$17,130$10,900$6,772$4,132$1,270
38 years$25,164$16,279$10,208$6,242$3,746$1,107
39 years$24,247$15,480$9,563$5,756$3,397$965
40 years$23,378$14,728$8,964$5,309$3,081$842
41 years$22,554$14,020$8,405$4,898$2,795$734
42 years$21,771$13,352$7,884$4,520$2,536$640
43 years$21,026$12,722$7,398$4,173$2,302$558
44 years$20,317$12,126$6,945$3,853$2,089$487
45 years$19,642$11,564$6,521$3,558$1,897$425
46 years$18,998$11,031$6,125$3,287$1,722$371
47 years$18,383$10,527$5,754$3,037$1,564$323
48 years$17,795$10,049$5,407$2,806$1,420$282
49 years$17,233$9,597$5,082$2,593$1,290$246
50 years$16,696$9,167$4,778$2,397$1,172$215

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $17,100,000, adding $2,740 every year, while hoping to spend $30,113 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: 69/9/22 Blend
29$17,100,000$17,100,000$17,100,000$17,100,000
30$18,847,026$17,940,726$17,675,676$20,043,372
31$20,737,383$18,787,782$18,235,771$21,690,946
32$22,819,547$19,675,334$18,813,621$23,489,444
33$25,113,050$20,605,335$19,409,787$25,456,815
34$27,639,417$21,579,832$20,024,850$27,609,751
35$30,422,366$22,600,972$20,659,411$29,966,627
36$33,488,033$23,671,005$21,314,087$32,547,668
37$36,865,219$24,792,292$21,989,516$35,375,143
38$40,585,663$25,967,305$22,686,356$38,473,567
39$44,684,338$27,198,641$23,405,286$41,869,934
40$49,199,785$28,489,018$24,147,007$45,593,965
41$54,174,472$29,841,290$24,912,242$49,678,387
42$59,655,202$31,258,446$25,701,735$54,159,239
43$65,693,546$32,743,624$26,516,257$59,076,205
44$72,346,338$34,300,111$27,356,601$64,472,992
45$79,676,203$35,931,356$28,223,587$70,397,731
46$87,752,157$37,640,974$29,118,058$76,903,434
47$96,650,251$39,432,755$30,040,887$84,048,485
48$106,454,293$41,310,677$30,992,973$91,897,189
49$117,256,637$43,278,906$31,975,244$100,520,375
50$129,159,057$45,341,815$32,988,657$109,996,061
51$142,273,704$47,503,987$34,034,200$120,410,181
52$156,724,168$49,770,229$35,112,893$131,857,398
53$172,646,644$52,145,581$36,225,785$144,441,985
54$190,191,216$54,635,329$37,373,963$158,278,808
55$209,523,274$57,245,014$38,558,545$173,494,407
56$230,825,078$59,980,449$39,780,686$190,228,178
57$254,297,474$62,847,730$41,041,578$208,633,687
58$280,161,795$65,853,246$42,342,448$228,880,115
59$308,661,944$69,003,702$43,684,566$251,153,841
60$340,066,703$72,306,124$45,069,240$275,660,205
61$374,672,267$75,767,884$46,497,820$302,625,428
62$412,805,039$79,396,712$47,971,698$332,298,749
63$454,824,714$83,200,712$49,492,311$364,954,764
64$501,127,674$87,188,385$51,061,142$400,896,014
65$552,150,727$91,368,646$52,679,721$440,455,828
66$608,375,234$95,750,843$54,349,624$484,001,465
67$670,331,652$100,344,778$56,072,481$531,937,572
68$738,604,543$105,160,735$57,849,971$584,709,988
69$813,838,089$110,209,493$59,683,828$642,809,950
70$896,742,177$115,502,361$61,575,839$706,778,716
71$988,099,098$121,051,197$63,527,850$777,212,665
72$1,088,770,937$126,868,436$65,541,763$854,768,913
73$1,199,707,703$132,967,120$67,619,543$940,171,509
74$1,321,956,307$139,360,927$69,763,215$1,034,218,253
75$1,456,670,438$146,064,201$71,974,871$1,137,788,219
76$1,605,121,461$153,091,984$74,256,667$1,251,850,037
77$1,768,710,412$160,460,054$76,610,828$1,377,471,024
78$1,948,981,234$168,184,956$79,039,650$1,515,827,246
79$2,147,635,343$176,284,043$81,545,502$1,668,214,605
80$2,366,547,700$184,775,512$84,130,828$1,836,061,055
81$2,607,784,504$193,678,451$86,798,149$2,020,940,070
82$2,873,622,703$203,012,875$89,550,067$2,224,585,477
83$3,166,571,490$212,799,777$92,389,266$2,448,907,810
84$3,489,395,991$223,061,175$95,318,515$2,696,012,322
85$3,845,143,369$233,820,159$98,340,672$2,968,218,845
86$4,237,171,591$245,100,946$101,458,684$3,268,083,669
87$4,669,181,136$256,928,935$104,675,592$3,598,423,652
88$5,145,249,923$269,330,764$107,994,536$3,962,342,792
89$5,669,871,814$282,334,370$111,418,751$4,363,261,506
90$6,247,999,040$295,969,055$114,951,580$4,804,948,896
91$6,885,088,952$310,265,548$118,596,468$5,291,558,311
92$7,587,155,546$325,256,081$122,356,970$5,827,666,522
93$8,360,826,240$340,974,457$126,236,757$6,418,316,913
94$9,213,404,441$357,456,130$130,239,613$7,069,067,057
95$10,152,938,496$374,738,283$134,369,442$7,786,041,155
96$11,188,297,680$392,859,916$138,630,276$8,575,987,823
97$12,329,255,923$411,861,932$143,026,270$9,446,343,772
98$13,586,584,092$431,787,231$147,561,714$10,405,303,979
99$14,972,151,671$452,680,807$152,241,034$11,461,899,017
100$16,499,038,828$474,589,853$157,068,795$12,626,080,277