Can I retire at age 30 with 17,200,000?

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 $17,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$1,420,360$1,407,708$1,395,364$1,383,316$1,371,552$1,335,146
2 years$703,148$690,053$677,361$665,056$653,120$616,696
3 years$464,109$450,957$438,298$426,108$414,366$379,063
4 years$344,613$331,501$318,968$306,987$295,529$261,619
5 years$272,934$259,901$247,533$235,795$224,657$192,233
6 years$225,164$212,229$200,043$188,567$177,763$146,857
7 years$191,055$178,229$166,237$155,032$144,569$115,183
8 years$165,486$152,776$140,982$130,052$119,934$92,053
9 years$145,609$133,019$121,428$110,776$101,002$74,600
10 years$129,717$117,249$105,863$95,490$86,059$61,104
11 years$116,722$104,380$93,200$83,105$74,013$50,467
12 years$105,901$93,686$82,713$72,894$64,138$41,958
13 years$96,753$84,665$73,899$64,354$55,930$35,070
14 years$88,917$76,958$66,398$57,127$49,028$29,439
15 years$82,133$70,302$59,949$50,947$43,168$24,800
16 years$76,202$64,501$54,352$45,617$38,152$20,954
17 years$70,975$59,403$49,458$40,987$33,828$17,747
18 years$66,334$54,891$45,149$36,937$30,078$15,061
19 years$62,186$50,873$41,332$33,376$26,810$12,804
20 years$58,457$47,273$37,932$30,229$23,947$10,901
21 years$55,088$44,033$34,890$27,434$21,430$9,292
22 years$52,030$41,103$32,157$24,944$19,209$7,929
23 years$49,241$38,443$29,691$22,717$17,243$6,771
24 years$46,689$36,019$27,459$20,719$15,498$5,787
25 years$44,344$33,802$25,433$18,922$13,946$4,949
26 years$42,184$31,768$23,588$17,301$12,562$4,235
27 years$40,186$29,898$21,903$15,836$11,326$3,625
28 years$38,335$28,172$20,362$14,509$10,219$3,104
29 years$36,615$26,577$18,949$13,305$9,228$2,659
30 years$35,012$25,100$17,650$12,211$8,338$2,279
31 years$33,515$23,727$16,454$11,215$7,538$1,953
32 years$32,115$22,451$15,352$10,307$6,819$1,674
33 years$30,803$21,261$14,334$9,478$6,171$1,436
34 years$29,570$20,151$13,393$8,721$5,587$1,231
35 years$28,410$19,113$12,522$8,028$5,061$1,056
36 years$27,318$18,141$11,714$7,393$4,585$906
37 years$26,286$17,230$10,964$6,812$4,156$777
38 years$25,312$16,374$10,267$6,279$3,768$667
39 years$24,389$15,570$9,619$5,789$3,417$572
40 years$23,515$14,814$9,016$5,340$3,099$491
41 years$22,686$14,102$8,454$4,927$2,811$421
42 years$21,898$13,430$7,930$4,547$2,551$361
43 years$21,149$12,796$7,442$4,197$2,315$310
44 years$20,436$12,197$6,985$3,875$2,102$266
45 years$19,757$11,631$6,559$3,579$1,908$228
46 years$19,109$11,096$6,160$3,306$1,732$196
47 years$18,490$10,589$5,788$3,054$1,573$168
48 years$17,899$10,108$5,439$2,822$1,428$144
49 years$17,334$9,653$5,112$2,608$1,297$124
50 years$16,793$9,221$4,806$2,411$1,178$106

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $17,200,000, adding $4,073 every year, while hoping to spend $53,151 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: 49/21/30 Blend
29$17,200,000$17,200,000$17,200,000$17,200,000
30$18,958,601$18,047,001$17,780,401$19,725,357
31$20,835,826$18,874,752$18,319,492$21,092,784
32$22,902,747$19,741,281$18,874,862$22,572,085
33$25,178,656$20,648,433$19,446,999$24,178,387
34$27,684,812$21,598,140$20,036,406$25,923,752
35$30,444,642$22,592,427$20,643,604$27,821,435
36$33,483,957$23,633,417$21,269,127$29,886,009
37$36,831,202$24,723,336$21,913,524$32,133,494
38$40,517,720$25,864,516$22,577,363$34,581,505
39$44,578,050$27,059,399$23,261,227$37,249,411
40$49,050,250$28,310,549$23,965,717$40,158,513
41$53,976,260$29,620,650$24,691,453$43,332,242
42$59,402,294$30,992,518$25,439,072$46,796,370
43$65,379,278$32,429,101$26,209,231$50,579,251
44$71,963,329$33,933,491$27,002,605$54,712,077
45$79,216,288$35,508,932$27,819,891$59,229,170
46$87,206,298$37,158,818$28,661,807$64,168,299
47$96,008,453$38,886,713$29,529,090$69,571,025
48$105,705,502$40,696,348$30,422,501$75,483,089
49$116,388,631$42,591,638$31,342,823$81,954,837
50$128,158,327$44,576,683$32,290,862$89,041,681
51$141,125,320$46,655,784$33,267,450$96,804,621
52$155,411,634$48,833,449$34,273,441$105,310,803
53$171,151,735$51,114,403$35,309,716$114,634,151
54$188,493,803$53,503,599$36,377,182$124,856,052
55$207,601,126$56,006,230$37,476,773$136,066,113
56$228,653,645$58,627,740$38,609,449$148,362,995
57$251,849,654$61,373,837$39,776,203$161,855,337
58$277,407,666$64,250,502$40,978,053$176,662,767
59$305,568,479$67,264,008$42,216,049$192,917,019
60$336,597,451$70,420,930$43,491,273$210,763,163
61$370,786,998$73,728,163$44,804,838$230,360,964
62$408,459,362$77,192,934$46,157,891$251,886,373
63$449,969,648$80,822,819$47,551,611$275,533,175
64$495,709,178$84,625,763$48,987,216$301,514,804
65$546,109,182$88,610,093$50,465,955$330,066,338
66$601,644,874$92,784,542$51,989,120$361,446,707
67$662,839,931$97,158,265$53,558,035$395,941,115
68$730,271,443$101,740,859$55,174,069$433,863,716
69$804,575,358$106,542,389$56,838,628$475,560,564
70$886,452,483$111,573,405$58,553,160$521,412,854
71$976,675,104$116,844,969$60,319,159$571,840,506
72$1,076,094,272$122,368,680$62,138,158$627,306,101
73$1,185,647,843$128,156,701$64,011,742$688,319,232
74$1,306,369,324$134,221,780$65,941,536$755,441,288
75$1,439,397,637$140,577,289$67,929,219$829,290,727
76$1,585,987,864$147,237,245$69,976,517$910,548,895
77$1,747,523,103$154,216,346$72,085,207$999,966,424
78$1,925,527,517$161,530,005$74,257,118$1,098,370,296
79$2,121,680,728$169,194,379$76,494,136$1,206,671,618
80$2,337,833,673$177,226,415$78,798,201$1,325,874,193
81$2,576,026,076$185,643,878$81,171,309$1,457,083,964
82$2,838,505,706$194,465,397$83,615,517$1,601,519,425
83$3,127,749,594$203,710,508$86,132,943$1,760,523,082
84$3,446,487,422$213,399,693$88,725,767$1,935,574,098
85$3,797,727,291$223,554,429$91,396,232$2,128,302,215
86$4,184,784,118$234,197,240$94,146,649$2,340,503,101
87$4,611,310,934$245,351,741$96,979,398$2,574,155,260
88$5,081,333,369$257,042,695$99,896,927$2,831,438,666
89$5,599,287,657$269,296,071$102,901,758$3,114,755,300
90$6,170,062,517$282,139,099$105,996,487$3,426,751,777
91$6,799,045,311$295,600,331$109,183,786$3,770,344,284
92$7,492,172,897$309,709,712$112,466,407$4,148,746,055
93$8,255,987,682$324,498,638$115,847,182$4,565,497,655
94$9,097,699,390$340,000,035$119,329,027$5,024,500,349
95$10,025,253,123$356,248,432$122,914,944$5,530,052,871
96$11,047,404,371$373,280,035$126,608,024$6,086,891,945
97$12,173,801,672$391,132,812$130,411,448$6,700,236,940
98$13,415,077,703$409,846,579$134,328,492$7,375,839,076
99$14,782,949,659$429,463,092$138,362,526$8,120,035,649
100$16,290,329,876$450,026,136$142,517,023$8,939,809,786