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%16%
1 years$1,412,102$1,399,524$1,387,252$1,375,274$1,363,578$1,330,074
2 years$699,060$686,041$673,423$661,189$649,323$615,775
3 years$461,411$448,335$435,749$423,630$411,957$379,414
4 years$342,609$329,574$317,114$305,202$293,811$262,523
5 years$271,347$258,390$246,093$234,424$223,351$193,405
6 years$223,855$210,995$198,880$187,471$176,730$148,157
7 years$189,945$177,193$165,270$154,130$143,729$116,531
8 years$164,524$151,887$140,162$129,296$119,237$93,403
9 years$144,762$132,245$120,722$110,132$100,415$75,924
10 years$128,962$116,568$105,248$94,934$85,558$62,382
11 years$116,044$103,773$92,659$82,621$73,583$51,688
12 years$105,286$93,141$82,232$72,470$63,765$43,114
13 years$96,190$84,173$73,469$63,980$55,605$36,157
14 years$88,400$76,511$66,012$56,794$48,743$30,456
15 years$81,655$69,894$59,600$50,651$42,917$25,747
16 years$75,759$64,126$54,036$45,352$37,930$21,831
17 years$70,563$59,058$49,171$40,749$33,631$18,558
18 years$65,948$54,572$44,887$36,723$29,904$15,808
19 years$61,824$50,577$41,092$33,182$26,654$13,489
20 years$58,117$46,998$37,712$30,053$23,808$11,528
21 years$54,768$43,777$34,688$27,275$21,305$9,864
22 years$51,727$40,864$31,970$24,799$19,097$8,449
23 years$48,955$38,220$29,519$22,585$17,143$7,244
24 years$46,417$35,809$27,300$20,599$15,408$6,216
25 years$44,086$33,605$25,285$18,812$13,865$5,337
26 years$41,938$31,584$23,451$17,201$12,489$4,585
27 years$39,953$29,724$21,776$15,744$11,260$3,941
28 years$38,112$28,009$20,244$14,425$10,160$3,389
29 years$36,402$26,423$18,838$13,228$9,174$2,915
30 years$34,808$24,954$17,547$12,140$8,290$2,508
31 years$33,320$23,589$16,359$11,150$7,495$2,159
32 years$31,928$22,320$15,263$10,247$6,779$1,858
33 years$30,624$21,138$14,251$9,423$6,135$1,600
34 years$29,398$20,034$13,315$8,670$5,555$1,378
35 years$28,245$19,002$12,449$7,981$5,031$1,187
36 years$27,159$18,035$11,646$7,350$4,559$1,022
37 years$26,133$17,130$10,900$6,772$4,132$881
38 years$25,164$16,279$10,208$6,242$3,746$759
39 years$24,247$15,480$9,563$5,756$3,397$654
40 years$23,378$14,728$8,964$5,309$3,081$563
41 years$22,554$14,020$8,405$4,898$2,795$486
42 years$21,771$13,352$7,884$4,520$2,536$418
43 years$21,026$12,722$7,398$4,173$2,302$361
44 years$20,317$12,126$6,945$3,853$2,089$311
45 years$19,642$11,564$6,521$3,558$1,897$268
46 years$18,998$11,031$6,125$3,287$1,722$231
47 years$18,383$10,527$5,754$3,037$1,564$199
48 years$17,795$10,049$5,407$2,806$1,420$172
49 years$17,233$9,597$5,082$2,593$1,290$148
50 years$16,696$9,167$4,778$2,397$1,172$127

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 $4,242 every year, while hoping to spend $35,538 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: 32/39/29 Blend
29$17,100,000$17,100,000$17,100,000$17,100,000
30$18,848,576$17,942,276$17,677,226$19,284,987
31$20,733,318$18,783,635$18,231,601$20,462,579
32$22,809,113$19,665,030$18,803,356$21,726,611
33$25,095,411$20,588,384$19,393,036$23,087,417
34$27,613,644$21,555,716$20,001,204$24,553,546
35$30,387,429$22,569,140$20,628,438$26,134,367
36$33,442,792$23,630,873$21,275,336$27,840,144
37$36,808,411$24,743,240$21,942,514$29,682,125
38$40,515,889$25,908,679$22,630,608$31,672,643
39$44,600,049$27,129,744$23,340,273$33,825,219
40$49,099,268$28,409,114$24,072,186$36,154,686
41$54,055,832$29,749,600$24,827,042$38,677,313
42$59,516,341$31,154,145$25,605,563$41,410,955
43$65,532,147$32,625,837$26,408,488$44,375,205
44$72,159,837$34,167,914$27,236,584$47,591,571
45$79,461,769$35,783,770$28,090,638$51,083,670
46$87,506,660$37,476,965$28,971,464$54,877,433
47$96,370,232$39,251,229$29,879,901$59,001,341
48$106,135,933$41,110,476$30,816,815$63,486,682
49$116,895,716$43,058,808$31,783,097$68,367,827
50$128,750,917$45,100,527$32,779,668$73,682,548
51$141,813,201$47,240,143$33,807,477$79,472,352
52$156,205,622$49,482,386$34,867,503$85,782,861
53$172,063,787$51,832,214$35,960,755$92,664,227
54$189,537,127$54,294,826$37,088,275$100,171,584
55$208,790,318$56,875,677$38,251,136$108,365,557
56$230,004,827$59,580,481$39,450,445$117,312,809
57$253,380,629$62,415,235$40,687,345$127,086,655
58$279,138,096$65,386,224$41,963,014$137,767,730
59$307,520,072$68,500,039$43,278,665$149,444,733
60$338,794,172$71,763,593$44,635,553$162,215,238
61$373,255,302$75,184,134$46,034,968$176,186,594
62$411,228,447$78,769,261$47,478,244$191,476,912
63$453,071,737$82,526,943$48,966,754$208,216,156
64$499,179,830$86,465,539$50,501,916$226,547,342
65$549,987,634$90,593,812$52,085,191$246,627,858
66$605,974,415$94,920,951$53,718,087$268,630,926
67$667,668,321$99,456,593$55,402,159$292,747,200
68$735,651,367$104,210,844$57,139,009$319,186,536
69$810,564,932$109,194,300$58,930,291$348,179,942
70$893,115,810$114,418,076$60,777,711$379,981,720
71$984,082,885$119,893,824$62,683,026$414,871,830
72$1,084,324,483$125,633,765$64,648,052$453,158,495
73$1,194,786,477$131,650,716$66,674,658$495,181,072
74$1,316,511,211$137,958,115$68,764,773$541,313,211
75$1,450,647,350$144,570,058$70,920,387$591,966,339
76$1,598,460,712$151,501,323$73,143,553$647,593,495
77$1,761,346,228$158,767,411$75,436,385$708,693,565
78$1,940,841,106$166,384,577$77,801,067$775,815,933
79$2,138,639,345$174,369,867$80,239,849$849,565,620
80$2,356,607,726$182,741,159$82,755,052$930,608,937
81$2,596,803,438$191,517,200$85,349,070$1,019,679,720
82$2,861,493,497$200,717,651$88,024,372$1,117,586,192
83$3,153,176,149$210,363,131$90,783,504$1,225,218,535
84$3,474,604,457$220,475,265$93,629,092$1,343,557,221
85$3,828,812,289$231,076,731$96,563,844$1,473,682,204
86$4,219,142,962$242,191,310$99,590,553$1,616,783,039
87$4,649,280,806$253,843,947$102,712,098$1,774,170,036
88$5,123,285,947$266,060,798$105,931,452$1,947,286,549
89$5,645,632,634$278,869,298$109,251,676$2,137,722,520
90$6,221,251,486$292,298,217$112,675,931$2,347,229,400
91$6,855,576,037$306,377,729$116,207,474$2,577,736,592
92$7,554,594,035$321,139,480$119,849,667$2,831,369,569
93$8,324,903,970$336,616,658$123,605,974$3,110,469,840
94$9,173,777,371$352,844,070$127,479,969$3,417,616,947
95$10,109,227,454$369,858,220$131,475,339$3,755,652,713
96$11,140,084,776$387,697,395$135,595,885$4,127,707,946
97$12,276,080,603$406,401,748$139,845,528$4,537,231,883
98$13,527,938,781$426,013,389$144,228,309$4,988,024,622
99$14,907,476,978$446,576,487$148,748,399$5,484,272,865
100$16,427,718,258$468,137,363$153,410,098$6,030,589,304