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

Use the below retirement simulation to view the chances of a successful retirement.
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%19.7%
1 years$1,428,618$1,415,892$1,403,477$1,391,359$1,379,526$1,325,839
2 years$707,237$694,065$681,300$668,923$656,917$603,477
3 years$466,808$453,579$440,846$428,585$416,775$365,264
4 years$346,617$333,429$320,823$308,772$297,248$248,058
5 years$274,521$261,412$248,972$237,166$225,963$179,220
6 years$226,473$213,463$201,206$189,664$178,797$134,532
7 years$192,166$179,266$167,203$155,933$145,410$103,608
8 years$166,448$153,664$141,802$130,808$120,631$81,252
9 years$146,455$133,792$122,134$111,420$101,589$64,574
10 years$130,471$117,931$106,479$96,045$86,559$51,837
11 years$117,401$104,987$93,742$83,588$74,444$41,936
12 years$106,517$94,231$83,194$73,318$64,511$34,132
13 years$97,315$85,157$74,328$64,729$56,255$27,915
14 years$89,434$77,405$66,784$57,459$49,313$22,917
15 years$82,611$70,711$60,297$51,243$43,419$18,873
16 years$76,646$64,876$54,668$45,883$38,374$15,582
17 years$71,388$59,749$49,746$41,225$34,025$12,891
18 years$66,719$55,210$45,412$37,152$30,253$10,682
19 years$62,547$51,168$41,572$33,570$26,965$8,865
20 years$58,797$47,548$38,153$30,404$24,086$7,365
21 years$55,409$44,289$35,093$27,594$21,554$6,124
22 years$52,332$41,342$32,344$25,089$19,320$5,097
23 years$49,527$38,667$29,864$22,849$17,343$4,244
24 years$46,960$36,228$27,619$20,840$15,588$3,536
25 years$44,602$33,998$25,581$19,032$14,027$2,948
26 years$42,429$31,953$23,725$17,402$12,635$2,458
27 years$40,420$30,071$22,031$15,928$11,392$2,050
28 years$38,558$28,336$20,480$14,594$10,279$1,711
29 years$36,827$26,732$19,059$13,383$9,282$1,428
30 years$35,215$25,246$17,752$12,282$8,386$1,192
31 years$33,710$23,865$16,550$11,280$7,582$995
32 years$32,302$22,581$15,442$10,367$6,859$830
33 years$30,982$21,385$14,418$9,533$6,207$693
34 years$29,742$20,268$13,471$8,771$5,620$579
35 years$28,576$19,224$12,595$8,074$5,090$484
36 years$27,476$18,246$11,782$7,436$4,612$404
37 years$26,439$17,330$11,028$6,852$4,180$337
38 years$25,459$16,470$10,327$6,315$3,789$282
39 years$24,531$15,661$9,675$5,823$3,436$235
40 years$23,652$14,900$9,069$5,371$3,117$197
41 years$22,818$14,184$8,503$4,955$2,828$164
42 years$22,025$13,508$7,977$4,573$2,566$137
43 years$21,272$12,870$7,485$4,222$2,329$115
44 years$20,555$12,268$7,026$3,898$2,114$96
45 years$19,872$11,699$6,597$3,600$1,919$80
46 years$19,220$11,160$6,196$3,325$1,742$67
47 years$18,598$10,650$5,821$3,072$1,582$56
48 years$18,003$10,167$5,470$2,839$1,437$47
49 years$17,435$9,709$5,142$2,624$1,305$39
50 years$16,891$9,274$4,834$2,425$1,185$33

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 $2,565 every year, while hoping to spend $58,305 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: 34/48/18 Blend
29$17,300,000$17,300,000$17,300,000$17,300,000
30$19,067,246$18,150,346$17,882,196$19,609,633
31$20,950,069$18,977,677$18,419,213$20,835,722
32$23,022,986$19,843,593$18,972,267$22,151,419
33$25,305,324$20,749,923$19,541,832$23,569,007
34$27,818,382$21,698,584$20,128,398$25,097,521
35$30,585,627$22,691,585$20,732,470$26,746,862
36$33,632,919$23,731,030$21,354,565$28,527,873
37$36,988,753$24,819,127$21,995,219$30,452,443
38$40,684,528$25,958,186$22,654,981$32,533,602
39$44,754,845$27,150,632$23,334,418$34,785,640
40$49,237,829$28,399,003$24,034,111$37,224,229
41$54,175,494$29,705,961$24,754,660$39,866,562
42$59,614,136$31,074,294$25,496,683$42,731,506
43$65,604,771$32,506,928$26,260,815$45,839,765
44$72,203,616$34,006,926$27,047,710$49,214,067
45$79,472,618$35,577,499$27,858,042$52,879,365
46$87,480,042$37,222,013$28,692,503$56,863,061
47$96,301,112$38,943,997$29,551,808$61,195,249
48$106,018,721$40,747,148$30,436,689$65,908,986
49$116,724,215$42,635,343$31,347,902$71,040,591
50$128,518,255$44,612,645$32,286,227$76,629,968
51$141,511,763$46,683,311$33,252,462$82,720,973
52$155,826,977$48,851,807$34,247,433$89,361,806
53$171,598,594$51,122,811$35,271,988$96,605,450
54$188,975,049$53,501,227$36,326,998$104,510,153
55$208,119,916$55,992,199$37,413,364$113,139,958
56$229,213,445$58,601,114$38,532,009$122,565,288
57$252,454,271$61,333,623$39,683,886$132,863,590
58$278,061,284$64,195,649$40,869,974$144,120,042
59$306,275,698$67,193,399$42,091,281$156,428,335
60$337,363,326$70,333,381$43,348,846$169,891,535
61$371,617,087$73,622,420$44,643,735$184,623,028
62$409,359,778$77,067,666$45,977,048$200,747,565
63$450,947,112$80,676,619$47,349,916$218,402,410
64$496,771,083$84,457,138$48,763,503$237,738,610
65$547,263,660$88,417,465$50,219,007$258,922,390
66$602,900,871$92,566,238$51,717,661$282,136,685
67$664,207,292$96,912,516$53,260,735$307,582,842
68$731,760,999$101,465,792$54,849,533$335,482,478
69$806,199,028$106,236,023$56,485,399$366,079,541
70$888,223,386$111,233,645$58,169,717$399,642,572
71$978,607,678$116,469,601$59,903,910$436,467,199
72$1,078,204,412$121,955,361$61,689,441$476,878,890
73$1,187,953,043$127,702,955$63,527,818$521,235,976
74$1,308,888,845$133,724,992$65,420,592$569,932,993
75$1,442,152,684$140,034,693$67,369,358$623,404,354
76$1,589,001,785$146,645,921$69,375,759$682,128,403
77$1,750,821,605$153,573,209$71,441,485$746,631,875
78$1,929,138,908$160,831,795$73,568,274$817,494,815
79$2,125,636,181$168,437,658$75,757,916$895,355,996
80$2,342,167,517$176,407,548$78,012,252$980,918,886
81$2,580,776,117$184,759,032$80,333,176$1,074,958,230
82$2,843,713,582$193,510,524$82,722,637$1,178,327,294
83$3,133,461,163$202,681,337$85,182,642$1,291,965,851
84$3,452,753,196$212,291,716$87,715,254$1,416,908,979
85$3,804,602,904$222,362,892$90,322,597$1,554,296,760
86$4,192,330,852$232,917,126$93,006,856$1,705,384,958
87$4,619,596,292$243,977,758$95,770,279$1,871,556,793
88$5,090,431,709$255,569,263$98,615,179$2,054,335,911
89$5,609,280,891$267,717,305$101,543,935$2,255,400,677
90$6,181,040,882$280,448,793$104,558,997$2,476,599,920
91$6,811,108,213$293,791,945$107,662,884$2,719,970,289
92$7,505,429,847$307,776,347$110,858,188$2,987,755,374
93$8,270,559,330$322,433,026$114,147,575$3,282,426,777
94$9,113,718,652$337,794,514$117,533,789$3,606,707,324
95$10,042,866,436$353,894,928$121,019,653$3,963,596,657
96$11,066,773,072$370,770,038$124,608,070$4,356,399,418
97$12,195,103,513$388,457,358$128,302,029$4,788,756,317
98$13,438,508,527$406,996,224$132,104,602$5,264,678,362
99$14,808,725,242$426,427,885$136,018,952$5,788,584,579
100$16,318,687,961$446,795,595$140,048,331$6,365,343,580