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%15.1%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,373,989
2 years$719,501$706,101$693,114$680,522$668,309$638,768
3 years$474,902$461,445$448,491$436,017$424,003$395,301
4 years$352,627$339,211$326,386$314,126$302,402$274,762
5 years$279,281$265,945$253,289$241,279$229,881$203,381
6 years$230,400$217,164$204,695$192,953$181,897$156,565
7 years$195,499$182,374$170,103$158,637$147,931$123,771
8 years$169,334$156,328$144,261$133,077$122,723$99,729
9 years$148,995$136,112$124,252$113,352$103,351$81,505
10 years$132,733$119,976$108,325$97,710$88,060$67,342
11 years$119,437$106,808$95,368$85,037$75,735$56,118
12 years$108,364$95,865$84,637$74,589$65,630$47,085
13 years$99,003$86,634$75,617$65,851$57,231$39,725
14 years$90,985$78,748$67,942$58,455$50,168$33,668
15 years$84,043$71,937$61,343$52,132$44,172$28,641
16 years$77,975$66,001$55,616$46,678$39,039$24,441
17 years$72,626$60,785$50,609$41,940$34,615$20,911
18 years$67,876$56,168$46,199$37,796$30,778$17,931
19 years$63,632$52,056$42,293$34,152$27,433$15,404
20 years$59,817$48,373$38,815$30,932$24,504$13,254
21 years$56,369$45,057$35,702$28,072$21,928$11,420
22 years$53,240$42,059$32,905$25,524$19,655$9,850
23 years$50,386$39,337$30,382$23,245$17,644$8,505
24 years$47,775$36,856$28,098$21,201$15,859$7,350
25 years$45,376$34,588$26,024$19,362$14,270$6,356
26 years$43,165$32,507$24,136$17,704$12,854$5,500
27 years$41,121$30,593$22,413$16,205$11,589$4,762
28 years$39,227$28,828$20,835$14,847$10,457$4,125
29 years$37,466$27,196$19,389$13,615$9,443$3,574
30 years$35,826$25,683$18,060$12,495$8,532$3,098
31 years$34,295$24,279$16,837$11,476$7,714$2,687
32 years$32,862$22,973$15,709$10,547$6,978$2,330
33 years$31,519$21,756$14,668$9,698$6,315$2,022
34 years$30,258$20,620$13,705$8,923$5,717$1,754
35 years$29,071$19,557$12,813$8,214$5,178$1,522
36 years$27,953$18,563$11,986$7,565$4,692$1,321
37 years$26,898$17,630$11,219$6,970$4,252$1,147
38 years$25,900$16,755$10,506$6,425$3,855$996
39 years$24,956$15,933$9,843$5,924$3,496$865
40 years$24,062$15,159$9,226$5,464$3,171$751
41 years$23,213$14,429$8,651$5,041$2,877$652
42 years$22,407$13,742$8,115$4,652$2,610$566
43 years$21,641$13,093$7,615$4,295$2,369$492
44 years$20,911$12,481$7,148$3,966$2,150$427
45 years$20,216$11,902$6,711$3,662$1,952$371
46 years$19,553$11,354$6,304$3,383$1,772$322
47 years$18,920$10,835$5,922$3,125$1,610$280
48 years$18,315$10,343$5,565$2,888$1,462$243
49 years$17,737$9,877$5,231$2,669$1,328$211
50 years$17,184$9,435$4,918$2,467$1,206$183

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 $4,200 every year, while hoping to spend $37,989 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: 46/34/20 Blend
29$17,600,000$17,600,000$17,600,000$17,600,000
30$19,399,532$18,466,732$18,193,932$20,180,737
31$21,337,865$19,331,182$18,763,009$21,592,404
32$23,472,634$20,236,717$19,349,877$23,118,925
33$25,823,836$21,185,309$19,955,091$24,774,311
34$28,413,506$22,179,028$20,579,225$26,570,590
35$31,265,924$23,220,042$21,222,871$28,520,966
36$34,407,849$24,310,624$21,886,637$30,639,939
37$37,868,762$25,453,158$22,571,152$32,943,435
38$41,681,156$26,650,142$23,277,065$35,448,950
39$45,880,831$27,904,197$24,005,044$38,175,705
40$50,507,242$29,218,068$24,755,779$41,144,822
41$55,603,863$30,594,636$25,529,980$44,379,514
42$61,218,603$32,036,919$26,328,381$47,905,294
43$67,404,256$33,548,084$27,151,738$51,750,211
44$74,218,999$35,131,448$28,000,829$55,945,100
45$81,726,939$36,790,492$28,876,459$60,523,867
46$89,998,725$38,528,863$29,779,458$65,523,795
47$99,112,204$40,350,388$30,710,680$70,985,891
48$109,153,168$42,259,075$31,671,006$76,955,255
49$120,216,152$44,259,131$32,661,346$83,481,498
50$132,405,336$46,354,965$33,682,637$90,619,196
51$145,835,521$48,551,199$34,735,847$98,428,395
52$160,633,218$50,852,681$35,821,971$106,975,158
53$176,937,837$53,264,494$36,942,038$116,332,182
54$194,903,009$55,791,967$38,097,109$126,579,466
55$214,698,030$58,440,687$39,288,276$137,805,047
56$236,509,463$61,216,514$40,516,667$150,105,822
57$260,542,897$64,125,593$41,783,445$163,588,440
58$287,024,890$67,174,364$43,089,808$178,370,292
59$316,205,105$70,369,584$44,436,992$194,580,604
60$348,358,667$73,718,336$45,826,273$212,361,631
61$383,788,763$77,228,046$47,258,965$231,869,986
62$422,829,501$80,906,504$48,736,424$253,278,093
63$465,849,063$84,761,876$50,260,048$276,775,794
64$513,253,186$88,802,726$51,831,278$302,572,116
65$565,488,987$93,038,035$53,451,601$330,897,223
66$623,049,184$97,477,220$55,122,551$362,004,560
67$686,476,751$102,130,154$56,845,707$396,173,219
68$756,370,042$107,007,194$58,622,700$433,710,549
69$833,388,437$112,119,197$60,455,211$474,955,023
70$918,258,571$117,477,551$62,344,974$520,279,406
71$1,011,781,191$123,094,197$64,293,776$570,094,243
72$1,114,838,716$128,981,656$66,303,461$624,851,696
73$1,228,403,567$135,153,059$68,375,930$685,049,781
74$1,353,547,349$141,622,177$70,513,142$751,237,034
75$1,491,450,966$148,403,451$72,717,119$824,017,646
76$1,643,415,768$155,512,023$74,989,945$904,057,130
77$1,810,875,838$162,963,775$77,333,771$992,088,561
78$1,995,411,534$170,775,359$79,750,812$1,088,919,451
79$2,198,764,400$178,964,242$82,243,354$1,195,439,326
80$2,422,853,617$187,548,738$84,813,755$1,312,628,076
81$2,669,794,115$196,548,055$87,464,444$1,441,565,156
82$2,941,916,540$205,982,335$90,197,929$1,583,439,719
83$3,241,789,260$215,872,703$93,016,793$1,739,561,792
84$3,572,242,611$226,241,312$95,923,701$1,911,374,579
85$3,936,395,615$237,111,394$98,921,403$2,100,468,031
86$4,337,685,430$248,507,314$102,012,732$2,308,593,789
87$4,779,899,796$260,454,625$105,200,611$2,537,681,650
88$5,267,212,797$272,980,123$108,488,053$2,789,857,723
89$5,804,224,265$286,111,911$111,878,165$3,067,464,420
90$6,396,003,209$299,879,464$115,374,153$3,373,082,500
91$7,048,135,670$314,313,692$118,979,321$3,709,555,344
92$7,766,777,456$329,447,010$122,697,076$4,080,015,723
93$8,558,712,261$345,313,418$126,530,932$4,487,915,278
94$9,431,415,706$361,948,570$130,484,513$4,937,057,019
95$10,393,125,918$379,389,860$134,561,554$5,431,631,127
96$11,452,921,305$397,676,507$138,765,910$5,976,254,411
97$12,620,806,263$416,849,640$143,101,553$6,576,013,793
98$13,907,805,626$436,952,397$147,572,579$7,236,514,214
99$15,326,068,754$458,030,019$152,183,215$7,963,931,436
100$16,888,984,230$480,129,953$156,937,816$8,765,070,225