Can I retire at age 30 with 17,300,000?

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 $17,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$1,428,618$1,415,892$1,403,477$1,391,359$1,379,526$1,351,673
2 years$707,237$694,065$681,300$668,923$656,917$628,978
3 years$466,808$453,579$440,846$428,585$416,775$389,621
4 years$346,617$333,429$320,823$308,772$297,248$271,088
5 years$274,521$261,412$248,972$237,166$225,963$200,871
6 years$226,473$213,463$201,206$189,664$178,797$154,801
7 years$192,166$179,266$167,203$155,933$145,410$122,515
8 years$166,448$153,664$141,802$130,808$120,631$98,831
9 years$146,455$133,792$122,134$111,420$101,589$80,869
10 years$130,471$117,931$106,479$96,045$86,559$66,899
11 years$117,401$104,987$93,742$83,588$74,444$55,819
12 years$106,517$94,231$83,194$73,318$64,511$46,895
13 years$97,315$85,157$74,328$64,729$56,255$39,617
14 years$89,434$77,405$66,784$57,459$49,313$33,622
15 years$82,611$70,711$60,297$51,243$43,419$28,642
16 years$76,646$64,876$54,668$45,883$38,374$24,476
17 years$71,388$59,749$49,746$41,225$34,025$20,972
18 years$66,719$55,210$45,412$37,152$30,253$18,009
19 years$62,547$51,168$41,572$33,570$26,965$15,494
20 years$58,797$47,548$38,153$30,404$24,086$13,352
21 years$55,409$44,289$35,093$27,594$21,554$11,521
22 years$52,332$41,342$32,344$25,089$19,320$9,953
23 years$49,527$38,667$29,864$22,849$17,343$8,607
24 years$46,960$36,228$27,619$20,840$15,588$7,450
25 years$44,602$33,998$25,581$19,032$14,027$6,453
26 years$42,429$31,953$23,725$17,402$12,635$5,593
27 years$40,420$30,071$22,031$15,928$11,392$4,850
28 years$38,558$28,336$20,480$14,594$10,279$4,208
29 years$36,827$26,732$19,059$13,383$9,282$3,652
30 years$35,215$25,246$17,752$12,282$8,386$3,171
31 years$33,710$23,865$16,550$11,280$7,582$2,754
32 years$32,302$22,581$15,442$10,367$6,859$2,393
33 years$30,982$21,385$14,418$9,533$6,207$2,079
34 years$29,742$20,268$13,471$8,771$5,620$1,807
35 years$28,576$19,224$12,595$8,074$5,090$1,571
36 years$27,476$18,246$11,782$7,436$4,612$1,366
37 years$26,439$17,330$11,028$6,852$4,180$1,188
38 years$25,459$16,470$10,327$6,315$3,789$1,033
39 years$24,531$15,661$9,675$5,823$3,436$898
40 years$23,652$14,900$9,069$5,371$3,117$782
41 years$22,818$14,184$8,503$4,955$2,828$680
42 years$22,025$13,508$7,977$4,573$2,566$591
43 years$21,272$12,870$7,485$4,222$2,329$515
44 years$20,555$12,268$7,026$3,898$2,114$448
45 years$19,872$11,699$6,597$3,600$1,919$389
46 years$19,220$11,160$6,196$3,325$1,742$339
47 years$18,598$10,650$5,821$3,072$1,582$295
48 years$18,003$10,167$5,470$2,839$1,437$257
49 years$17,435$9,709$5,142$2,624$1,305$223
50 years$16,891$9,274$4,834$2,425$1,185$194

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $17,300,000, adding $3,949 every year, while hoping to spend $56,739 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: 62/8/30 Blend
29$17,300,000$17,300,000$17,300,000$17,300,000
30$19,068,673$18,151,773$17,883,623$20,096,280
31$20,953,308$18,980,840$18,422,355$21,625,523
32$23,028,274$19,848,630$18,977,232$23,288,234
33$25,312,925$20,756,980$19,548,737$25,102,774
34$27,828,587$21,707,816$20,137,363$27,084,029
35$30,598,759$22,703,155$20,743,621$29,248,382
36$33,649,337$23,745,113$21,368,036$31,613,865
37$37,008,852$24,835,907$22,011,148$34,200,328
38$40,708,747$25,977,859$22,673,514$37,029,621
39$44,783,669$27,173,404$23,355,707$40,125,797
40$49,271,796$28,425,093$24,058,315$43,515,338
41$54,215,198$29,735,601$24,781,948$47,227,402
42$59,660,234$31,107,731$25,527,228$51,294,092
43$65,657,988$32,544,421$26,294,801$55,750,758
44$72,264,755$34,048,749$27,085,329$60,636,324
45$79,542,566$35,623,944$27,899,493$65,993,657
46$87,559,777$37,273,387$28,737,996$71,869,963
47$96,391,717$39,000,625$29,601,561$78,317,229
48$106,121,390$40,809,374$30,490,932$85,392,712
49$116,840,269$42,703,530$31,406,875$93,159,473
50$128,649,149$44,687,176$32,350,178$101,686,968
51$141,659,108$46,764,593$33,321,654$111,051,700
52$155,992,546$48,940,267$34,322,139$121,337,934
53$171,784,347$51,218,902$35,352,492$132,638,490
54$189,183,150$53,605,428$36,413,600$145,055,612
55$208,352,750$56,105,012$37,506,375$158,701,929
56$229,473,646$58,723,074$38,631,754$173,701,511
57$252,744,745$61,465,291$39,790,704$190,191,034
58$278,385,236$64,337,617$40,984,220$208,321,068
59$306,636,664$67,346,294$42,213,325$228,257,485
60$337,765,206$70,497,865$43,479,074$250,183,025
61$372,064,184$73,799,188$44,782,550$274,299,010
62$409,856,837$77,257,454$46,124,871$300,827,238
63$451,499,366$80,880,201$47,507,187$330,012,072
64$497,384,303$84,675,332$48,930,679$362,122,734
65$547,944,212$88,651,134$50,396,567$397,455,842
66$603,655,773$92,816,290$51,906,103$436,338,202
67$665,044,282$97,179,909$53,460,578$479,129,881
68$732,688,612$101,751,537$55,061,320$526,227,603
69$807,226,672$106,541,184$56,709,696$578,068,475
70$889,361,434$111,559,344$58,407,112$635,134,116
71$979,867,569$116,817,020$60,155,019$697,955,182
72$1,079,598,753$122,325,747$61,954,904$767,116,371
73$1,189,495,737$128,097,619$63,808,304$843,261,932
74$1,310,595,217$134,145,317$65,716,797$927,101,731
75$1,444,039,627$140,482,136$67,682,008$1,019,417,947
76$1,591,087,924$147,122,016$69,705,611$1,121,072,437
77$1,753,127,470$154,079,572$71,789,326$1,233,014,863
78$1,931,687,129$161,370,128$73,934,926$1,356,291,643
79$2,128,451,704$169,009,752$76,144,234$1,492,055,815
80$2,345,277,839$177,015,291$78,419,127$1,641,577,909
81$2,584,211,548$185,404,410$80,761,537$1,806,257,927
82$2,847,507,529$194,195,629$83,173,452$1,987,638,539
83$3,137,650,452$203,408,370$85,656,917$2,187,419,635
84$3,457,378,414$213,062,996$88,214,040$2,407,474,356
85$3,809,708,788$223,180,858$90,846,985$2,649,866,756
86$4,197,966,709$233,784,346$93,557,985$2,916,871,273
87$4,625,816,469$244,896,934$96,349,333$3,210,994,177
88$5,097,296,105$256,543,240$99,223,391$3,534,997,217
89$5,616,855,524$268,749,075$102,182,591$3,891,923,668
90$6,189,398,513$281,541,505$105,229,433$4,285,127,041
91$6,820,329,034$294,948,911$108,366,492$4,718,302,720
92$7,515,602,242$309,001,055$111,596,416$5,195,522,825
93$8,281,780,706$323,729,142$114,921,932$5,721,274,629
94$9,126,096,366$339,165,897$118,345,844$6,300,502,901
95$10,056,518,804$355,345,635$121,871,039$6,938,656,554
96$11,081,830,490$372,304,340$125,500,487$7,641,740,065
97$12,211,709,692$390,079,744$129,237,245$8,416,370,126
98$13,456,821,846$408,711,417$133,084,458$9,269,838,089
99$14,828,920,249$428,240,851$137,045,362$10,210,178,763
100$16,340,957,020$448,711,558$141,123,287$11,246,246,239