Can I retire at age 30 with 17,400,000?

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 $17,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$1,436,876$1,424,077$1,411,590$1,399,402$1,387,500$1,374,727
2 years$711,325$698,077$685,238$672,789$660,714$647,845
3 years$469,506$456,201$443,394$431,063$419,184$406,618
4 years$348,620$335,356$322,677$310,556$298,966$286,799
5 years$276,108$262,923$250,411$238,537$227,269$215,537
6 years$227,782$214,697$202,369$190,760$179,830$168,548
7 years$193,277$180,302$168,170$156,834$146,250$135,423
8 years$167,410$154,552$142,621$131,564$121,329$110,956
9 years$147,302$134,565$122,840$112,064$102,176$92,255
10 years$131,225$118,613$107,094$96,600$87,059$77,583
11 years$118,079$105,594$94,284$84,071$74,874$65,836
12 years$107,133$94,775$83,675$73,741$64,884$56,275
13 years$97,878$85,649$74,758$65,103$56,580$48,391
14 years$89,951$77,853$67,170$57,791$49,598$41,817
15 years$83,088$71,120$60,646$51,539$43,670$36,286
16 years$77,089$65,251$54,984$46,148$38,596$31,597
17 years$71,800$60,094$50,034$41,463$34,221$27,596
18 years$67,105$55,529$45,674$37,367$30,428$24,163
19 years$62,909$51,464$41,813$33,764$27,121$21,204
20 years$59,137$47,823$38,373$30,580$24,225$18,642
21 years$55,729$44,545$35,296$27,753$21,679$16,417
22 years$52,635$41,581$32,531$25,234$19,432$14,477
23 years$49,814$38,890$30,036$22,981$17,443$12,783
24 years$47,232$36,438$27,779$20,960$15,678$11,300
25 years$44,860$34,195$25,729$19,142$14,108$9,998
26 years$42,674$32,138$23,862$17,502$12,708$8,853
27 years$40,654$30,245$22,158$16,020$11,457$7,846
28 years$38,781$28,500$20,599$14,678$10,338$6,957
29 years$37,040$26,886$19,169$13,460$9,335$6,173
30 years$35,419$25,391$17,855$12,353$8,435$5,480
31 years$33,905$24,003$16,646$11,345$7,626$4,867
32 years$32,489$22,712$15,531$10,427$6,898$4,324
33 years$31,161$21,509$14,501$9,588$6,243$3,843
34 years$29,914$20,385$13,549$8,822$5,652$3,416
35 years$28,741$19,335$12,667$8,121$5,119$3,038
36 years$27,635$18,352$11,850$7,479$4,639$2,703
37 years$26,592$17,430$11,091$6,891$4,204$2,404
38 years$25,606$16,565$10,387$6,352$3,811$2,140
39 years$24,673$15,751$9,731$5,857$3,456$1,904
40 years$23,789$14,986$9,121$5,402$3,135$1,695
41 years$22,950$14,266$8,553$4,984$2,844$1,509
42 years$22,153$13,586$8,023$4,600$2,581$1,344
43 years$21,395$12,945$7,528$4,246$2,342$1,197
44 years$20,674$12,339$7,066$3,920$2,126$1,066
45 years$19,986$11,766$6,635$3,621$1,930$949
46 years$19,331$11,225$6,232$3,344$1,752$845
47 years$18,705$10,712$5,855$3,090$1,591$753
48 years$18,107$10,226$5,502$2,855$1,445$671
49 years$17,536$9,765$5,171$2,639$1,312$598
50 years$16,988$9,328$4,862$2,439$1,192$532

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $17,400,000, adding $4,343 every year, while hoping to spend $42,863 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: 21/49/30 Blend
29$17,400,000$17,400,000$17,400,000$17,400,000
30$19,179,280$18,257,080$17,987,380$19,399,529
31$21,089,960$19,106,071$18,544,351$20,453,556
32$23,194,094$19,995,226$19,118,544$21,575,638
33$25,511,367$20,926,468$19,710,491$22,774,184
34$28,063,474$21,901,812$20,320,740$24,055,422
35$30,874,319$22,923,371$20,949,855$25,426,144
36$33,970,243$23,993,360$21,598,420$26,893,765
37$37,380,275$25,114,101$22,267,033$28,466,384
38$41,136,399$26,288,029$22,956,315$30,152,844
39$45,273,863$27,517,693$23,666,903$31,962,813
40$49,831,507$28,805,770$24,399,454$33,906,857
41$54,852,132$30,155,064$25,154,647$35,996,533
42$60,382,901$31,568,514$25,933,180$38,244,484
43$66,475,789$33,049,203$26,735,773$40,664,545
44$73,188,066$34,600,361$27,563,168$43,271,861
45$80,582,846$36,225,376$28,416,131$46,083,015
46$88,729,676$37,927,799$29,295,451$49,116,173
47$97,705,195$39,711,353$30,201,941$52,391,236
48$107,593,857$41,579,942$31,136,438$55,930,016
49$118,488,729$43,537,657$32,099,807$59,756,420
50$130,492,367$45,588,790$33,092,939$63,896,664
51$143,717,786$47,737,839$34,116,750$68,379,500
52$158,289,527$49,989,520$35,172,188$73,236,465
53$174,344,831$52,348,778$36,260,228$78,502,165
54$192,034,933$54,820,797$37,381,875$84,214,576
55$211,526,493$57,411,013$38,538,165$90,415,380
56$233,003,169$60,125,127$39,730,167$97,150,342
57$256,667,346$62,969,112$40,958,981$104,469,710
58$282,742,052$65,949,235$42,225,744$112,428,669
59$311,473,059$69,072,065$43,531,624$121,087,837
60$343,131,205$72,344,490$44,877,827$130,513,805
61$378,014,950$75,773,733$46,265,597$140,779,740
62$416,453,195$79,367,366$47,696,215$151,966,047
63$458,808,384$83,133,329$49,171,001$164,161,094
64$505,479,926$87,079,950$50,691,316$177,462,013
65$556,907,968$91,215,957$52,258,565$191,975,587
66$613,577,547$95,550,504$53,874,192$207,819,216
67$676,023,169$100,093,191$55,539,690$225,121,991
68$744,833,856$104,854,082$57,256,594$244,025,876
69$820,658,708$109,843,731$59,026,489$264,686,999
70$904,213,027$115,073,204$60,851,007$287,277,092
71$996,285,071$120,554,106$62,731,830$311,985,059
72$1,097,743,496$126,298,605$64,670,695$339,018,719
73$1,209,545,557$132,319,461$66,669,387$368,606,711
74$1,332,746,143$138,630,054$68,729,751$401,000,607
75$1,468,507,738$145,244,415$70,853,686$436,477,232
76$1,618,111,392$152,177,256$73,043,149$475,341,214
77$1,782,968,819$159,444,006$75,300,159$517,927,810
78$1,964,635,720$167,060,844$77,626,797$564,606,001
79$2,164,826,474$175,044,736$80,025,205$615,781,914
80$2,385,430,319$183,413,473$82,497,593$671,902,587
81$2,628,529,190$192,185,711$85,046,241$733,460,119
82$2,896,417,372$201,381,016$87,673,495$800,996,236
83$3,191,623,162$211,019,904$90,381,775$875,107,335
84$3,516,932,737$221,123,891$93,173,577$956,450,025
85$3,875,416,454$231,715,540$96,051,470$1,045,747,243
86$4,270,457,843$242,818,511$99,018,104$1,143,794,991
87$4,705,785,544$254,457,619$102,076,212$1,251,469,750
88$5,185,508,512$266,658,885$105,228,607$1,369,736,665
89$5,714,154,807$279,449,598$108,478,193$1,499,658,546
90$6,296,714,344$292,858,375$111,827,959$1,642,405,796
91$6,938,685,999$306,915,228$115,280,988$1,799,267,348
92$7,646,129,528$321,651,630$118,840,458$1,971,662,713
93$8,425,722,769$337,100,590$122,509,642$2,161,155,260
94$9,284,824,694$353,296,721$126,291,918$2,369,466,841
95$10,231,544,879$370,276,326$130,190,763$2,598,493,912
96$11,274,820,066$388,077,476$134,209,764$2,850,325,296
97$12,424,498,538$406,740,097$138,352,615$3,127,261,752
98$13,691,433,088$426,306,062$142,623,128$3,431,837,536
99$15,087,583,487$446,819,283$147,025,227$3,766,844,170
100$16,626,129,390$468,325,815$151,562,959$4,135,356,616