Can I retire at age 30 with 17,600,000?

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 $17,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,388,792
2 years$719,501$706,101$693,114$680,522$668,309$653,549
3 years$474,902$461,445$448,491$436,017$424,003$409,598
4 years$352,627$339,211$326,386$314,126$302,402$288,463
5 years$279,281$265,945$253,289$241,279$229,881$216,449
6 years$230,400$217,164$204,695$192,953$181,897$168,988
7 years$195,499$182,374$170,103$158,637$147,931$135,550
8 years$169,334$156,328$144,261$133,077$122,723$110,870
9 years$148,995$136,112$124,252$113,352$103,351$92,021
10 years$132,733$119,976$108,325$97,710$88,060$77,247
11 years$119,437$106,808$95,368$85,037$75,735$65,429
12 years$108,364$95,865$84,637$74,589$65,630$55,822
13 years$99,003$86,634$75,617$65,851$57,231$47,908
14 years$90,985$78,748$67,942$58,455$50,168$41,318
15 years$84,043$71,937$61,343$52,132$44,172$35,780
16 years$77,975$66,001$55,616$46,678$39,039$31,093
17 years$72,626$60,785$50,609$41,940$34,615$27,099
18 years$67,876$56,168$46,199$37,796$30,778$23,677
19 years$63,632$52,056$42,293$34,152$27,433$20,732
20 years$59,817$48,373$38,815$30,932$24,504$18,187
21 years$56,369$45,057$35,702$28,072$21,928$15,980
22 years$53,240$42,059$32,905$25,524$19,655$14,061
23 years$50,386$39,337$30,382$23,245$17,644$12,387
24 years$47,775$36,856$28,098$21,201$15,859$10,924
25 years$45,376$34,588$26,024$19,362$14,270$9,643
26 years$43,165$32,507$24,136$17,704$12,854$8,519
27 years$41,121$30,593$22,413$16,205$11,589$7,531
28 years$39,227$28,828$20,835$14,847$10,457$6,662
29 years$37,466$27,196$19,389$13,615$9,443$5,897
30 years$35,826$25,683$18,060$12,495$8,532$5,222
31 years$34,295$24,279$16,837$11,476$7,714$4,626
32 years$32,862$22,973$15,709$10,547$6,978$4,100
33 years$31,519$21,756$14,668$9,698$6,315$3,635
34 years$30,258$20,620$13,705$8,923$5,717$3,224
35 years$29,071$19,557$12,813$8,214$5,178$2,860
36 years$27,953$18,563$11,986$7,565$4,692$2,537
37 years$26,898$17,630$11,219$6,970$4,252$2,252
38 years$25,900$16,755$10,506$6,425$3,855$1,999
39 years$24,956$15,933$9,843$5,924$3,496$1,774
40 years$24,062$15,159$9,226$5,464$3,171$1,575
41 years$23,213$14,429$8,651$5,041$2,877$1,399
42 years$22,407$13,742$8,115$4,652$2,610$1,242
43 years$21,641$13,093$7,615$4,295$2,369$1,103
44 years$20,911$12,481$7,148$3,966$2,150$980
45 years$20,216$11,902$6,711$3,662$1,952$871
46 years$19,553$11,354$6,304$3,383$1,772$774
47 years$18,920$10,835$5,922$3,125$1,610$687
48 years$18,315$10,343$5,565$2,888$1,462$611
49 years$17,737$9,877$5,231$2,669$1,328$543
50 years$17,184$9,435$4,918$2,467$1,206$482

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $17,600,000, adding $2,377 every year, while hoping to spend $22,687 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: 61/25/14 Blend
29$17,600,000$17,600,000$17,600,000$17,600,000
30$19,397,652$18,464,852$18,192,052$20,513,911
31$21,352,074$19,345,491$18,777,347$22,145,451
32$23,505,086$20,268,521$19,381,489$23,922,287
33$25,876,921$21,235,995$20,005,085$25,860,692
34$28,489,875$22,250,066$20,648,763$27,976,310
35$31,368,515$23,312,992$21,313,170$30,286,341
36$34,539,915$24,427,141$21,998,973$32,809,702
37$38,033,911$25,594,995$22,706,863$35,567,201
38$41,883,378$26,819,158$23,437,551$38,581,722
39$46,124,547$28,102,361$24,191,773$41,878,443
40$50,797,340$29,447,465$24,970,286$45,485,062
41$55,945,752$30,857,475$25,773,875$49,432,054
42$61,618,266$32,335,539$26,603,346$53,752,952
43$67,868,307$33,884,957$27,459,536$58,484,656
44$74,754,748$35,509,195$28,343,305$63,667,776
45$82,342,469$37,211,882$29,255,542$69,347,005
46$90,702,963$38,996,826$30,197,165$75,571,534
47$99,915,017$40,868,023$31,169,122$82,395,511
48$110,065,452$42,829,659$32,172,391$89,878,537
49$121,249,943$44,886,127$33,207,980$98,086,225
50$133,573,923$47,042,033$34,276,934$107,090,810
51$147,153,578$49,302,207$35,380,326$116,971,815
52$162,116,944$51,671,717$36,519,268$127,816,798
53$178,605,115$54,155,874$37,694,906$139,722,165
54$196,773,576$56,760,250$38,908,424$152,794,068
55$216,793,667$59,490,689$40,161,043$167,149,396
56$238,854,207$62,353,319$41,454,024$182,916,865
57$263,163,272$65,354,567$42,788,669$200,238,222
58$289,950,157$68,501,173$44,166,322$219,269,567
59$319,467,549$71,800,205$45,588,369$240,182,814
60$351,993,902$75,259,079$47,056,242$263,167,299
61$387,836,074$78,885,568$48,571,421$288,431,550
62$427,332,220$82,687,827$50,135,430$316,205,240
63$470,854,984$86,674,408$51,749,844$346,741,341
64$518,815,019$90,854,280$53,416,290$380,318,487
65$571,664,861$95,236,850$55,136,446$417,243,594
66$629,903,204$99,831,983$56,912,044$457,854,731
67$694,079,607$104,650,026$58,744,874$502,524,295
68$764,799,681$109,701,832$60,636,781$551,662,502
69$842,730,806$114,998,780$62,589,672$605,721,242
70$928,608,436$120,552,807$64,605,513$665,198,313
71$1,023,243,036$126,376,434$66,686,337$730,642,106
72$1,127,527,735$132,482,789$68,834,239$802,656,746
73$1,242,446,762$138,885,643$71,051,383$881,907,776
74$1,369,084,732$145,599,440$73,340,005$969,128,408
75$1,508,636,890$152,639,328$75,702,411$1,065,126,415
76$1,662,420,392$160,021,194$78,140,981$1,170,791,727
77$1,831,886,741$167,761,702$80,658,172$1,287,104,800
78$2,018,635,490$175,878,327$83,256,523$1,415,145,836
79$2,224,429,346$184,389,401$85,938,653$1,556,104,946
80$2,451,210,806$193,314,148$88,707,264$1,711,293,351
81$2,701,120,499$202,672,732$91,565,148$1,882,155,716
82$2,976,517,396$212,486,302$94,515,186$2,070,283,752
83$3,280,001,078$222,777,039$97,560,353$2,277,431,196
84$3,614,436,281$233,568,207$100,703,719$2,505,530,328
85$3,982,979,941$244,884,208$103,948,452$2,756,710,160
86$4,389,110,996$256,750,635$107,297,826$3,033,316,490
87$4,836,663,231$269,194,330$110,755,217$3,337,933,995
88$5,329,861,477$282,243,449$114,324,113$3,673,410,576
89$5,873,361,489$295,927,519$118,008,112$4,042,884,192
90$6,472,293,908$310,277,515$121,810,931$4,449,812,423
91$7,132,312,695$325,325,921$125,736,406$4,898,005,048
92$7,859,648,509$341,106,811$129,788,494$5,391,659,951
93$8,661,167,534$357,655,921$133,971,286$5,935,402,682
94$9,544,436,298$375,010,737$138,288,999$6,534,330,052
95$10,517,793,111$393,210,573$142,745,991$7,194,058,183
96$11,590,426,784$412,296,667$147,346,758$7,920,775,442
97$12,772,463,383$432,312,272$152,095,942$8,721,300,788
98$14,075,061,827$453,302,752$156,998,335$9,603,148,061
99$15,510,519,239$475,315,692$162,058,884$10,574,596,828
100$17,092,387,042$498,401,001$167,282,697$11,644,770,453