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%19.5%
1 years$1,436,876$1,424,077$1,411,590$1,399,402$1,387,500$1,334,558
2 years$711,325$698,077$685,238$672,789$660,714$607,999
3 years$469,506$456,201$443,394$431,063$419,184$368,355
4 years$348,620$335,356$322,677$310,556$298,966$250,409
5 years$276,108$262,923$250,411$238,537$227,269$181,110
6 years$227,782$214,697$202,369$190,760$179,830$136,101
7 years$193,277$180,302$168,170$156,834$146,250$104,936
8 years$167,410$154,552$142,621$131,564$121,329$82,392
9 years$147,302$134,565$122,840$112,064$102,176$65,560
10 years$131,225$118,613$107,094$96,600$87,059$52,696
11 years$118,079$105,594$94,284$84,071$74,874$42,686
12 years$107,133$94,775$83,675$73,741$64,884$34,790
13 years$97,878$85,649$74,758$65,103$56,580$28,491
14 years$89,951$77,853$67,170$57,791$49,598$23,423
15 years$83,088$71,120$60,646$51,539$43,670$19,317
16 years$77,089$65,251$54,984$46,148$38,596$15,972
17 years$71,800$60,094$50,034$41,463$34,221$13,233
18 years$67,105$55,529$45,674$37,367$30,428$10,983
19 years$62,909$51,464$41,813$33,764$27,121$9,128
20 years$59,137$47,823$38,373$30,580$24,225$7,595
21 years$55,729$44,545$35,296$27,753$21,679$6,325
22 years$52,635$41,581$32,531$25,234$19,432$5,272
23 years$49,814$38,890$30,036$22,981$17,443$4,397
24 years$47,232$36,438$27,779$20,960$15,678$3,670
25 years$44,860$34,195$25,729$19,142$14,108$3,064
26 years$42,674$32,138$23,862$17,502$12,708$2,559
27 years$40,654$30,245$22,158$16,020$11,457$2,138
28 years$38,781$28,500$20,599$14,678$10,338$1,787
29 years$37,040$26,886$19,169$13,460$9,335$1,493
30 years$35,419$25,391$17,855$12,353$8,435$1,249
31 years$33,905$24,003$16,646$11,345$7,626$1,044
32 years$32,489$22,712$15,531$10,427$6,898$873
33 years$31,161$21,509$14,501$9,588$6,243$730
34 years$29,914$20,385$13,549$8,822$5,652$611
35 years$28,741$19,335$12,667$8,121$5,119$511
36 years$27,635$18,352$11,850$7,479$4,639$427
37 years$26,592$17,430$11,091$6,891$4,204$358
38 years$25,606$16,565$10,387$6,352$3,811$299
39 years$24,673$15,751$9,731$5,857$3,456$250
40 years$23,789$14,986$9,121$5,402$3,135$209
41 years$22,950$14,266$8,553$4,984$2,844$175
42 years$22,153$13,586$8,023$4,600$2,581$147
43 years$21,395$12,945$7,528$4,246$2,342$123
44 years$20,674$12,339$7,066$3,920$2,126$103
45 years$19,986$11,766$6,635$3,621$1,930$86
46 years$19,331$11,225$6,232$3,344$1,752$72
47 years$18,705$10,712$5,855$3,090$1,591$60
48 years$18,107$10,226$5,502$2,855$1,445$50
49 years$17,536$9,765$5,171$2,639$1,312$42
50 years$16,988$9,328$4,862$2,439$1,192$35

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 $4,975 every year, while hoping to spend $44,935 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: 67/14/19 Blend
29$17,400,000$17,400,000$17,400,000$17,400,000
30$19,179,932$18,257,732$17,988,032$20,374,443
31$21,088,474$19,104,550$18,542,820$22,021,219
32$23,190,182$19,991,357$19,114,688$23,815,648
33$25,504,711$20,920,063$19,704,160$25,776,825
34$28,053,719$21,892,674$20,311,777$27,921,143
35$30,861,073$22,911,289$20,938,097$30,266,641
36$33,953,072$23,978,112$21,583,693$32,833,172
37$37,358,696$25,095,451$22,249,157$35,642,591
38$41,109,881$26,265,725$22,935,101$38,718,950
39$45,241,814$27,491,472$23,642,153$42,088,728
40$49,793,275$28,775,349$24,370,961$45,781,074
41$54,806,994$30,120,146$25,122,193$49,828,078
42$60,330,059$31,528,785$25,896,537$54,265,071
43$66,414,357$33,004,328$26,694,704$59,130,956
44$73,117,070$34,549,988$27,517,425$64,468,564
45$80,501,205$36,169,131$28,365,452$70,325,060
46$88,636,196$37,865,287$29,239,564$76,752,382
47$97,598,559$39,642,157$30,140,560$83,807,724
48$107,472,609$41,503,620$31,069,266$91,554,072
49$118,351,261$43,453,743$32,026,532$100,060,792
50$130,336,903$45,496,790$33,013,235$109,404,282
51$143,542,366$47,637,232$34,030,277$119,668,681
52$158,091,986$49,879,755$35,078,589$130,946,665
53$174,122,778$52,229,272$36,159,132$143,340,306
54$191,785,732$54,690,937$37,272,893$156,962,038
55$211,247,233$57,270,149$38,420,891$171,935,704
56$232,690,638$59,972,573$39,604,178$188,397,719
57$256,317,999$62,804,146$40,823,834$206,498,355
58$282,351,978$65,771,092$42,080,976$226,403,142
59$311,037,944$68,879,939$43,376,752$248,294,432
60$342,646,289$72,137,531$44,712,348$272,373,105
61$377,474,983$75,551,043$46,088,985$298,860,456
62$415,852,385$79,127,998$47,507,920$328,000,280
63$458,140,344$82,876,285$48,970,450$360,061,156
64$504,737,611$86,804,175$50,477,912$395,338,976
65$556,083,608$90,920,341$52,031,684$434,159,728
66$612,662,575$95,233,876$53,633,183$476,882,559
67$675,008,136$99,754,315$55,283,874$523,903,154
68$743,708,345$104,491,655$56,985,263$575,657,461
69$819,411,231$109,456,381$58,738,904$632,625,790
70$902,830,918$114,659,484$60,546,398$695,337,336
71$994,754,364$120,112,492$62,409,395$764,375,161
72$1,096,048,794$125,827,489$64,329,595$840,381,681
73$1,207,669,885$131,817,150$66,308,750$924,064,714
74$1,330,670,787$138,094,764$68,348,667$1,016,204,150
75$1,466,212,066$144,674,267$70,451,206$1,117,659,295
76$1,615,572,661$151,570,269$72,618,285$1,229,376,963
77$1,780,161,956$158,798,096$74,851,881$1,352,400,397
78$1,961,533,086$166,373,814$77,154,030$1,487,879,101
79$2,161,397,602$174,314,272$79,526,831$1,637,079,666
80$2,381,641,625$182,637,139$81,972,448$1,801,397,712
81$2,624,343,655$191,360,942$84,493,109$1,982,371,038
82$2,891,794,191$200,505,112$87,091,111$2,181,694,115
83$3,186,517,358$210,090,022$89,768,823$2,401,234,064
84$3,511,294,732$220,137,037$92,528,682$2,643,048,251
85$3,869,191,606$230,668,563$95,373,204$2,909,403,689
86$4,263,585,922$241,708,095$98,304,979$3,202,798,408
87$4,698,200,168$253,280,272$101,326,677$3,525,985,012
88$5,177,136,513$265,410,934$104,441,049$3,881,996,633
89$5,704,915,543$278,127,176$107,650,930$4,274,175,538
90$6,286,518,934$291,457,413$110,959,242$4,706,204,643
91$6,927,436,484$305,431,445$114,368,996$5,182,142,255
92$7,633,717,942$320,080,522$117,883,293$5,706,460,345
93$8,412,030,121$335,437,417$121,505,333$6,284,086,729
94$9,269,719,840$351,536,497$125,238,408$6,920,451,553
95$10,214,883,284$368,413,806$129,085,915$7,621,538,514
96$11,256,442,438$386,107,141$133,051,352$8,393,941,310
97$12,404,229,319$404,656,143$137,138,324$9,244,925,843
98$13,669,078,799$424,102,383$141,350,547$10,182,498,767
99$15,062,930,895$444,489,459$145,691,850$11,215,483,031
100$16,598,943,497$465,863,093$150,166,177$12,353,601,120