Can I retire at age 30 with 17,700,000?

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 $17,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$1,461,649$1,448,630$1,435,927$1,423,529$1,411,423$1,366,242
2 years$723,589$710,113$697,052$684,389$672,106$627,004
3 years$477,601$464,066$451,039$438,495$426,412$382,804
4 years$354,631$341,138$328,241$315,911$304,120$262,340
5 years$280,868$267,456$254,728$242,650$231,188$191,347
6 years$231,709$218,398$205,858$194,049$182,931$145,064
7 years$196,609$183,410$171,069$159,538$148,772$112,875
8 years$170,296$157,217$145,080$133,833$123,420$89,468
9 years$149,842$136,885$124,958$113,996$103,938$71,892
10 years$133,487$120,658$108,941$98,265$88,560$58,372
11 years$120,115$107,415$95,910$85,520$76,165$47,778
12 years$108,980$96,409$85,118$75,013$66,003$39,357
13 years$99,565$87,126$76,047$66,225$57,556$32,585
14 years$91,502$79,195$68,328$58,787$50,453$27,090
15 years$84,521$72,346$61,691$52,428$44,423$22,597
16 years$78,418$66,376$55,932$46,944$39,261$18,901
17 years$73,038$61,130$50,896$42,178$34,812$15,846
18 years$68,262$56,487$46,462$38,011$30,953$13,309
19 years$63,994$52,351$42,533$34,346$27,589$11,196
20 years$60,157$48,648$39,035$31,107$24,643$9,431
21 years$56,690$45,313$35,905$28,232$22,053$7,952
22 years$53,542$42,298$33,092$25,669$19,767$6,712
23 years$50,673$39,561$30,554$23,377$17,744$5,669
24 years$48,046$37,066$28,258$21,322$15,949$4,792
25 years$45,633$34,784$26,172$19,472$14,351$4,052
26 years$43,410$32,692$24,273$17,804$12,927$3,428
27 years$41,355$30,767$22,540$16,297$11,655$2,902
28 years$39,449$28,991$20,954$14,931$10,517$2,457
29 years$37,679$27,350$19,499$13,692$9,496$2,080
30 years$36,030$25,829$18,163$12,566$8,580$1,762
31 years$34,490$24,417$16,933$11,541$7,757$1,493
32 years$33,049$23,104$15,799$10,606$7,017$1,265
33 years$31,698$21,879$14,751$9,753$6,351$1,072
34 years$30,430$20,737$13,783$8,974$5,750$909
35 years$29,236$19,669$12,886$8,261$5,208$770
36 years$28,112$18,668$12,054$7,608$4,718$653
37 years$27,050$17,731$11,283$7,010$4,277$554
38 years$26,047$16,850$10,566$6,461$3,877$470
39 years$25,098$16,023$9,899$5,958$3,516$398
40 years$24,199$15,245$9,278$5,495$3,189$338
41 years$23,345$14,511$8,700$5,070$2,893$286
42 years$22,535$13,820$8,161$4,679$2,625$243
43 years$21,764$13,168$7,658$4,319$2,383$206
44 years$21,030$12,552$7,188$3,988$2,163$175
45 years$20,331$11,969$6,750$3,683$1,963$148
46 years$19,664$11,418$6,339$3,402$1,783$126
47 years$19,028$10,896$5,956$3,143$1,619$107
48 years$18,419$10,402$5,597$2,904$1,470$90
49 years$17,838$9,933$5,261$2,684$1,335$77
50 years$17,281$9,489$4,946$2,481$1,213$65

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $17,700,000, adding $4,257 every year, while hoping to spend $44,957 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: 35/48/17 Blend
29$17,700,000$17,700,000$17,700,000$17,700,000
30$19,509,791$18,571,691$18,297,341$20,090,611
31$21,451,956$19,433,870$18,862,468$21,376,508
32$23,590,715$20,336,789$19,445,020$22,758,514
33$25,946,073$21,282,397$20,045,533$24,248,717
34$28,540,074$22,272,736$20,664,561$25,856,743
35$31,397,010$23,309,948$21,302,672$27,593,140
36$34,543,647$24,396,278$21,960,454$29,469,467
37$38,009,482$25,534,079$22,638,512$31,498,390
38$41,827,017$26,725,817$23,337,470$33,693,799
39$46,032,069$27,974,078$24,057,971$36,070,921
40$50,664,105$29,281,572$24,800,678$38,646,463
41$55,766,617$30,651,142$25,566,273$41,438,748
42$61,387,530$32,085,766$26,355,462$44,467,886
43$67,579,657$33,588,568$27,168,969$47,755,946
44$74,401,194$35,162,820$28,007,542$51,327,156
45$81,916,274$36,811,956$28,871,952$55,208,114
46$90,195,565$38,539,574$29,762,994$59,428,030
47$99,316,945$40,349,445$30,681,487$64,018,983
48$109,366,231$42,245,526$31,628,274$69,016,213
49$120,437,992$44,231,961$32,604,226$74,458,437
50$132,636,438$46,313,099$33,610,239$80,388,194
51$146,076,410$48,493,496$34,647,238$86,852,237
52$160,884,457$50,777,931$35,716,173$93,901,948
53$177,200,036$53,171,413$36,818,029$101,593,810
54$195,176,822$55,679,194$37,953,815$109,989,920
55$214,984,165$58,306,782$39,124,575$119,158,552
56$236,808,685$61,059,950$40,331,384$129,174,781
57$260,856,035$63,944,752$41,575,349$140,121,170
58$287,352,840$66,967,534$42,857,613$152,088,525
59$316,548,837$70,134,951$44,179,351$165,176,728
60$348,719,236$73,453,981$45,541,776$179,495,653
61$384,167,312$76,931,939$46,946,139$195,166,177
62$423,227,270$80,576,497$48,393,728$212,321,293
63$466,267,404$84,395,697$49,885,870$231,107,334
64$513,693,566$88,397,973$51,423,933$251,685,325
65$565,953,004$92,592,168$53,009,329$274,232,469
66$623,538,579$96,987,553$54,643,510$298,943,788
67$686,993,422$101,593,851$56,327,975$326,033,926
68$756,916,056$106,421,255$58,064,268$355,739,137
69$833,966,052$111,480,455$59,853,980$388,319,481
70$918,870,252$116,782,660$61,698,750$424,061,231
71$1,012,429,629$122,339,621$63,600,270$463,279,540
72$1,115,526,853$128,163,665$65,560,281$506,321,364
73$1,229,134,620$134,267,712$67,580,578$553,568,694
74$1,354,324,836$140,665,315$69,663,013$605,442,115
75$1,492,278,737$147,370,683$71,809,491$662,404,718
76$1,644,298,037$154,398,715$74,021,978$724,966,423
77$1,811,817,223$161,765,038$76,302,500$793,688,735
78$1,996,417,090$169,486,036$78,653,144$869,189,984
79$2,199,839,671$177,578,889$81,076,062$952,151,101
80$2,424,004,678$186,061,615$83,573,471$1,043,321,983
81$2,671,027,629$194,953,108$86,147,656$1,143,528,498
82$2,943,239,816$204,273,180$88,800,972$1,253,680,217
83$3,243,210,319$214,042,607$91,535,846$1,374,778,921
84$3,573,770,255$224,283,178$94,354,780$1,507,927,984
85$3,938,039,507$235,017,740$97,260,351$1,654,342,701
86$4,339,456,181$246,270,253$100,255,217$1,815,361,683
87$4,781,809,059$258,065,843$103,342,114$1,992,459,395
88$5,269,273,374$270,430,861$106,523,866$2,187,259,988
89$5,806,450,223$283,392,937$109,803,380$2,401,552,530
90$6,398,410,005$296,981,051$113,183,653$2,637,307,794
91$7,050,740,294$311,225,591$116,667,774$2,896,696,749
92$7,769,598,586$326,158,426$120,258,926$3,182,110,949
93$8,561,770,430$341,812,978$123,960,389$3,496,184,987
94$9,434,733,495$358,224,295$127,775,543$3,841,821,240
95$10,396,728,162$375,429,135$131,707,874$4,222,217,145
96$11,456,835,317$393,466,046$135,760,971$4,640,895,241
97$12,625,062,091$412,375,453$139,938,534$5,101,736,284
98$13,912,436,326$432,199,753$144,244,377$5,609,015,730
99$15,331,110,698$452,983,407$148,682,430$6,167,443,946
100$16,894,477,440$474,773,045$153,256,743$6,782,210,507