Can I retire at age 30 with 17,800,000?

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 $17,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,387,338
2 years$727,677$714,125$700,990$688,256$675,903$643,776
3 years$480,299$466,688$453,587$440,972$428,821$397,629
4 years$356,634$343,065$330,095$317,696$305,839$275,822
5 years$282,455$268,967$256,167$244,021$232,494$203,737
6 years$233,018$219,632$207,021$195,145$183,964$156,498
7 years$197,720$184,447$172,036$160,440$149,612$123,440
8 years$171,259$158,105$145,900$134,589$124,118$99,230
9 years$150,688$137,659$125,664$114,640$104,525$80,903
10 years$134,242$121,339$109,556$98,821$89,061$66,680
11 years$120,794$108,021$96,452$86,004$76,595$55,425
12 years$109,596$96,954$85,598$75,437$66,376$46,383
13 years$100,128$87,618$76,477$66,599$57,881$39,028
14 years$92,019$79,643$68,715$59,119$50,738$32,987
15 years$84,998$72,755$62,040$52,724$44,674$27,984
16 years$78,861$66,751$56,248$47,209$39,483$23,813
17 years$73,451$61,475$51,184$42,417$35,008$20,315
18 years$68,648$56,806$46,724$38,226$31,128$17,369
19 years$64,355$52,647$42,774$34,540$27,745$14,877
20 years$60,497$48,922$39,256$31,283$24,782$12,762
21 years$57,010$45,569$36,108$28,391$22,177$10,962
22 years$53,845$42,537$33,279$25,814$19,879$9,426
23 years$50,959$39,784$30,727$23,510$17,844$8,114
24 years$48,317$37,275$28,417$21,442$16,039$6,989
25 years$45,891$34,981$26,320$19,582$14,433$6,025
26 years$43,655$32,876$24,411$17,905$13,000$5,197
27 years$41,588$30,941$22,667$16,389$11,721$4,485
28 years$39,672$29,155$21,072$15,016$10,576$3,872
29 years$37,892$27,505$19,610$13,770$9,550$3,345
30 years$36,233$25,975$18,266$12,637$8,629$2,890
31 years$34,684$24,555$17,028$11,606$7,801$2,497
32 years$33,235$23,234$15,888$10,666$7,057$2,159
33 years$31,877$22,003$14,835$9,809$6,386$1,867
34 years$30,602$20,854$13,861$9,025$5,782$1,614
35 years$29,401$19,780$12,959$8,308$5,237$1,396
36 years$28,271$18,774$12,122$7,651$4,745$1,208
37 years$27,203$17,831$11,346$7,050$4,301$1,045
38 years$26,195$16,946$10,625$6,498$3,899$904
39 years$25,240$16,114$9,955$5,991$3,536$782
40 years$24,335$15,331$9,331$5,526$3,207$677
41 years$23,477$14,593$8,749$5,099$2,909$586
42 years$22,662$13,898$8,207$4,705$2,640$507
43 years$21,887$13,242$7,701$4,344$2,396$439
44 years$21,149$12,623$7,229$4,011$2,175$380
45 years$20,446$12,037$6,788$3,704$1,974$329
46 years$19,775$11,483$6,375$3,421$1,793$285
47 years$19,135$10,958$5,989$3,161$1,628$246
48 years$18,524$10,461$5,628$2,921$1,478$213
49 years$17,939$9,990$5,290$2,699$1,343$185
50 years$17,379$9,542$4,974$2,495$1,220$160

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $17,800,000, adding $6,489 every year, while hoping to spend $38,294 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: 62/21/17 Blend
29$17,800,000$17,800,000$17,800,000$17,800,000
30$19,622,293$18,678,893$18,402,993$20,754,293
31$21,583,023$19,553,415$18,978,749$22,391,506
32$23,742,463$20,469,504$19,572,509$24,173,149
33$26,120,843$21,429,158$20,184,836$26,117,243
34$28,740,451$22,434,469$20,816,311$28,239,580
35$31,625,851$23,487,632$21,467,531$30,557,529
36$34,804,109$24,590,947$22,139,115$33,090,200
37$38,305,050$25,746,826$22,831,697$35,858,614
38$42,161,542$26,957,797$23,545,936$38,885,898
39$46,409,801$28,226,510$24,282,506$42,197,502
40$51,089,737$29,555,746$25,042,107$45,821,427
41$56,245,330$30,948,418$25,825,457$49,788,492
42$61,925,044$32,407,580$26,633,300$54,132,611
43$68,182,283$33,936,436$27,466,400$58,891,113
44$75,075,898$35,538,344$28,325,547$64,105,087
45$82,670,742$37,216,825$29,211,555$69,819,759
46$91,038,278$38,975,570$30,125,263$76,084,919
47$100,257,259$40,818,449$31,067,536$82,955,379
48$110,414,468$42,749,522$32,039,267$90,491,481
49$121,605,538$44,773,043$33,041,376$98,759,667
50$133,935,854$46,893,473$34,074,814$107,833,090
51$147,521,549$49,115,491$35,140,558$117,792,297
52$162,490,598$51,444,001$36,239,617$128,725,986
53$178,984,028$53,884,146$37,373,034$140,731,828
54$197,157,249$56,441,320$38,541,881$153,917,381
55$217,181,520$59,121,175$39,747,265$168,401,096
56$239,245,564$61,929,642$40,990,327$184,313,425
57$263,557,354$64,872,937$42,272,245$201,798,038
58$290,346,072$67,957,578$43,594,233$221,013,172
59$319,864,274$71,190,402$44,957,543$242,133,108
60$352,390,274$74,578,576$46,363,465$265,349,809
61$388,230,771$78,129,615$47,813,330$290,874,712
62$427,723,744$81,851,401$49,308,511$318,940,718
63$471,241,644$85,752,198$50,850,424$349,804,366
64$519,194,907$89,840,671$52,440,529$383,748,251
65$572,035,831$94,125,908$54,080,330$421,083,667
66$630,262,846$98,617,437$55,771,381$462,153,533
67$694,425,216$103,325,251$57,515,282$507,335,610
68$765,128,228$108,259,828$59,313,684$557,046,055
69$843,038,903$113,432,156$61,168,288$611,743,322
70$928,892,297$118,853,757$63,080,852$671,932,477
71$1,023,498,435$124,536,715$65,053,184$738,169,943
72$1,127,749,961$130,493,700$67,087,151$811,068,730
73$1,242,630,565$136,738,000$69,184,679$891,304,199
74$1,369,224,270$143,283,549$71,347,753$979,620,416
75$1,508,725,662$150,144,959$73,578,419$1,076,837,150
76$1,662,451,173$157,337,555$75,878,789$1,183,857,586
77$1,831,851,503$164,877,406$78,251,040$1,301,676,825
78$2,018,525,322$172,781,365$80,697,415$1,431,391,247
79$2,224,234,357$181,067,104$83,220,231$1,574,208,837
80$2,450,920,026$189,753,157$85,821,873$1,731,460,550
81$2,700,721,768$198,858,960$88,504,805$1,904,612,852
82$2,975,997,235$208,404,896$91,271,563$2,095,281,521
83$3,279,344,559$218,412,341$94,124,766$2,305,246,875
84$3,613,626,871$228,903,713$97,067,112$2,536,470,532
85$3,981,999,337$239,902,521$100,101,386$2,791,113,896
86$4,387,938,945$251,433,420$103,230,458$3,071,558,520
87$4,835,277,326$263,522,267$106,457,288$3,380,428,546
88$5,328,236,934$276,196,178$109,784,927$3,720,615,431
89$5,871,470,903$289,483,593$113,216,524$4,095,305,203
90$6,470,106,982$303,414,335$116,755,324$4,508,008,485
91$7,129,795,941$318,019,685$120,404,675$4,962,593,588
92$7,856,764,923$333,332,445$124,168,027$5,463,322,979
93$8,657,876,229$349,387,019$128,048,940$6,014,893,461
94$9,540,692,109$366,219,488$132,051,084$6,622,480,460
95$10,513,546,153$383,867,691$136,178,244$7,291,786,818
96$11,585,621,968$402,371,315$140,434,323$8,029,096,573
97$12,767,039,880$421,771,981$144,823,344$8,841,334,213
98$14,068,952,480$442,113,341$149,349,458$9,736,129,979
99$15,503,649,914$463,441,174$154,016,945$10,721,891,828
100$17,084,675,910$485,803,497$158,830,218$11,807,884,731