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%13.3%
1 years$1,412,102$1,399,524$1,387,252$1,375,274$1,363,578$1,344,867
2 years$699,060$686,041$673,423$661,189$649,323$630,505
3 years$461,411$448,335$435,749$423,630$411,957$393,617
4 years$342,609$329,574$317,114$305,202$293,811$276,091
5 years$271,347$258,390$246,093$234,424$223,351$206,301
6 years$223,855$210,995$198,880$187,471$176,730$160,371
7 years$189,945$177,193$165,270$154,130$143,729$128,066
8 years$164,524$151,887$140,162$129,296$119,237$104,269
9 years$144,762$132,245$120,722$110,132$100,415$86,135
10 years$128,962$116,568$105,248$94,934$85,558$71,956
11 years$116,044$103,773$92,659$82,621$73,583$60,646
12 years$105,286$93,141$82,232$72,470$63,765$51,478
13 years$96,190$84,173$73,469$63,980$55,605$43,950
14 years$88,400$76,511$66,012$56,794$48,743$37,703
15 years$81,655$69,894$59,600$50,651$42,917$32,474
16 years$75,759$64,126$54,036$45,352$37,930$28,064
17 years$70,563$59,058$49,171$40,749$33,631$24,322
18 years$65,948$54,572$44,887$36,723$29,904$21,129
19 years$61,824$50,577$41,092$33,182$26,654$18,394
20 years$58,117$46,998$37,712$30,053$23,808$16,041
21 years$54,768$43,777$34,688$27,275$21,305$14,011
22 years$51,727$40,864$31,970$24,799$19,097$12,253
23 years$48,955$38,220$29,519$22,585$17,143$10,729
24 years$46,417$35,809$27,300$20,599$15,408$9,403
25 years$44,086$33,605$25,285$18,812$13,865$8,248
26 years$41,938$31,584$23,451$17,201$12,489$7,241
27 years$39,953$29,724$21,776$15,744$11,260$6,361
28 years$38,112$28,009$20,244$14,425$10,160$5,591
29 years$36,402$26,423$18,838$13,228$9,174$4,916
30 years$34,808$24,954$17,547$12,140$8,290$4,325
31 years$33,320$23,589$16,359$11,150$7,495$3,807
32 years$31,928$22,320$15,263$10,247$6,779$3,351
33 years$30,624$21,138$14,251$9,423$6,135$2,952
34 years$29,398$20,034$13,315$8,670$5,555$2,600
35 years$28,245$19,002$12,449$7,981$5,031$2,291
36 years$27,159$18,035$11,646$7,350$4,559$2,019
37 years$26,133$17,130$10,900$6,772$4,132$1,780
38 years$25,164$16,279$10,208$6,242$3,746$1,569
39 years$24,247$15,480$9,563$5,756$3,397$1,383
40 years$23,378$14,728$8,964$5,309$3,081$1,220
41 years$22,554$14,020$8,405$4,898$2,795$1,076
42 years$21,771$13,352$7,884$4,520$2,536$949
43 years$21,026$12,722$7,398$4,173$2,302$837
44 years$20,317$12,126$6,945$3,853$2,089$738
45 years$19,642$11,564$6,521$3,558$1,897$651
46 years$18,998$11,031$6,125$3,287$1,722$575
47 years$18,383$10,527$5,754$3,037$1,564$507
48 years$17,795$10,049$5,407$2,806$1,420$447
49 years$17,233$9,597$5,082$2,593$1,290$395
50 years$16,696$9,167$4,778$2,397$1,172$348

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 $3,848 every year, while hoping to spend $30,452 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: 76/8/16 Blend
29$17,100,000$17,100,000$17,100,000$17,100,000
30$18,848,169$17,941,869$17,676,819$20,214,095
31$20,738,282$18,788,620$18,236,592$21,963,882
32$22,820,165$19,675,841$18,814,096$23,877,541
33$25,113,348$20,605,483$19,409,895$25,974,756
34$27,639,349$21,579,592$20,024,566$28,273,816
35$30,421,883$22,600,312$20,658,709$30,794,862
36$33,487,079$23,669,892$21,312,940$33,560,068
37$36,863,734$24,790,689$21,987,896$36,593,855
38$40,583,578$25,965,176$22,684,234$39,923,115
39$44,681,578$27,195,945$23,402,631$43,577,463
40$49,196,266$28,485,713$24,143,786$47,589,512
41$54,170,103$29,837,331$24,908,421$51,995,185
42$59,649,880$31,253,786$25,697,279$56,834,043
43$65,687,159$32,738,212$26,511,128$62,149,660
44$72,338,758$34,293,894$27,350,761$67,990,031
45$79,667,294$35,924,277$28,216,994$74,408,021
46$87,741,765$37,632,974$29,110,670$81,461,861
47$96,638,206$39,423,771$30,032,659$89,215,693
48$106,440,409$41,300,641$30,983,858$97,740,177
49$117,240,706$43,267,749$31,965,193$107,113,145
50$129,140,851$45,329,461$32,977,620$117,420,343
51$142,252,970$47,490,357$34,022,123$128,756,226
52$156,700,628$49,755,239$35,099,718$141,224,853
53$172,619,989$52,129,143$36,211,456$154,940,861
54$190,161,106$54,617,349$37,358,418$170,030,545
55$209,489,334$57,225,394$38,541,720$186,633,041
56$230,786,892$59,959,085$39,762,514$204,901,640
57$254,254,586$62,824,510$41,021,989$225,005,229
58$280,113,698$65,828,056$42,321,370$247,129,874
59$308,608,082$68,976,417$43,661,922$271,480,579
60$340,006,460$72,276,616$45,044,951$298,283,211
61$374,604,965$75,736,016$46,471,802$327,786,625
62$412,729,929$79,362,338$47,943,866$360,265,011
63$454,740,970$83,163,681$49,462,573$396,020,472
64$501,034,384$87,148,536$51,029,404$435,385,871
65$552,046,886$91,325,809$52,645,884$478,727,966
66$608,259,733$95,704,838$54,313,586$526,450,863
67$670,203,269$100,295,418$56,034,134$578,999,827
68$738,461,928$105,107,820$57,809,203$636,865,472
69$813,679,755$110,152,813$59,640,522$700,588,388
70$896,566,484$115,441,695$61,529,874$770,764,235
71$987,904,238$120,986,311$63,479,097$848,049,356
72$1,088,554,914$126,799,084$65,490,091$933,166,962
73$1,199,468,319$132,893,043$67,564,813$1,026,913,955
74$1,321,691,137$139,281,851$69,705,283$1,130,168,432
75$1,456,376,809$145,979,838$71,913,586$1,243,897,972
76$1,604,796,425$153,002,032$74,191,873$1,369,168,756
77$1,768,350,721$160,364,192$76,542,361$1,507,155,616
78$1,948,583,305$168,082,847$78,967,340$1,659,153,123
79$2,147,195,227$176,175,332$81,469,172$1,826,587,785
80$2,366,061,043$184,659,826$84,050,292$2,011,031,508
81$2,607,246,507$193,555,396$86,713,214$2,214,216,420
82$2,873,028,077$202,882,036$89,460,533$2,438,051,206
83$3,165,914,403$212,660,718$92,294,923$2,684,639,115
84$3,488,670,014$222,913,435$95,219,145$2,956,297,796
85$3,844,341,417$233,663,255$98,236,047$3,255,581,168
86$4,236,285,855$244,934,368$101,348,568$3,585,303,504
87$4,668,203,006$256,752,146$104,559,740$3,948,565,992
88$5,144,169,911$269,143,199$107,872,689$4,348,785,984
89$5,668,679,461$282,135,435$111,290,644$4,789,729,243
90$6,246,682,818$295,758,124$114,816,932$5,275,545,473
91$6,883,636,157$310,041,963$118,454,990$5,810,807,474
92$7,585,552,174$325,019,148$122,208,362$6,400,554,289
93$8,359,056,857$340,723,447$126,080,703$7,050,338,753
94$9,211,452,035$357,190,275$130,075,785$7,766,279,892
95$10,150,784,320$374,456,776$134,197,502$8,555,120,665
96$11,185,921,070$392,561,907$138,449,867$9,424,291,594
97$12,326,634,106$411,546,528$142,837,024$10,381,980,890
98$13,583,691,968$431,453,490$147,363,248$11,437,211,726
99$14,968,961,578$452,327,742$152,032,947$12,599,927,386
100$16,495,520,280$474,216,422$156,850,671$13,881,085,117