Can I retire at age 30 with 17,900,000?

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 $17,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$1,478,165$1,464,999$1,452,153$1,439,614$1,427,371$1,413,053
2 years$731,765$718,137$704,928$692,122$679,701$665,279
3 years$482,997$469,310$456,135$443,449$431,230$417,153
4 years$358,638$344,993$331,950$319,480$307,557$293,932
5 years$284,042$270,478$257,607$245,392$233,800$220,668
6 years$234,327$220,866$208,184$196,242$184,998$172,375
7 years$198,831$185,483$173,002$161,341$150,453$138,344
8 years$172,221$158,993$146,720$135,345$124,815$113,220
9 years$151,535$138,432$126,370$115,284$105,112$94,027
10 years$134,996$122,021$110,172$99,376$89,561$78,978
11 years$121,473$108,628$96,994$86,487$77,025$66,937
12 years$110,211$97,499$86,079$75,860$66,749$57,144
13 years$100,690$88,110$76,906$66,973$58,206$49,074
14 years$92,536$80,090$69,101$59,452$51,023$42,352
15 years$85,476$73,164$62,388$53,020$44,925$36,701
16 years$79,304$67,126$56,564$47,474$39,705$31,915
17 years$73,864$61,821$51,471$42,655$35,205$27,834
18 years$69,033$57,125$46,987$38,441$31,303$24,337
19 years$64,717$52,943$43,014$34,734$27,901$21,326
20 years$60,836$49,197$39,476$31,459$24,921$18,722
21 years$57,330$45,825$36,310$28,551$22,302$16,462
22 years$54,147$42,776$33,466$25,959$19,990$14,496
23 years$51,245$40,008$30,900$23,642$17,945$12,780
24 years$48,589$37,485$28,577$21,562$16,129$11,279
25 years$46,149$35,177$26,468$19,692$14,514$9,964
26 years$43,900$33,061$24,548$18,005$13,073$8,810
27 years$41,822$31,114$22,795$16,481$11,787$7,795
28 years$39,895$29,319$21,191$15,100$10,635$6,901
29 years$38,105$27,659$19,720$13,847$9,603$6,113
30 years$36,437$26,121$18,368$12,708$8,677$5,418
31 years$34,879$24,693$17,124$11,671$7,845$4,804
32 years$33,422$23,365$15,977$10,726$7,096$4,261
33 years$32,056$22,127$14,918$9,864$6,422$3,781
34 years$30,773$20,971$13,938$9,075$5,815$3,356
35 years$29,567$19,891$13,031$8,354$5,267$2,979
36 years$28,429$18,879$12,191$7,694$4,772$2,645
37 years$27,356$17,931$11,410$7,089$4,325$2,350
38 years$26,342$17,041$10,685$6,534$3,921$2,087
39 years$25,382$16,204$10,011$6,025$3,556$1,855
40 years$24,472$15,417$9,383$5,557$3,225$1,648
41 years$23,609$14,675$8,798$5,127$2,926$1,465
42 years$22,789$13,976$8,253$4,732$2,655$1,302
43 years$22,010$13,317$7,745$4,368$2,409$1,157
44 years$21,268$12,694$7,270$4,033$2,187$1,029
45 years$20,561$12,104$6,826$3,725$1,985$915
46 years$19,886$11,547$6,411$3,441$1,803$813
47 years$19,243$11,020$6,023$3,179$1,637$723
48 years$18,628$10,520$5,660$2,937$1,487$643
49 years$18,039$10,046$5,320$2,714$1,350$572
50 years$17,477$9,596$5,002$2,509$1,226$509

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $17,900,000, adding $2,737 every year, while hoping to spend $57,617 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: 81/5/14 Blend
29$17,900,000$17,900,000$17,900,000$17,900,000
30$19,728,623$18,779,923$18,502,473$21,272,040
31$21,679,639$19,638,835$19,061,002$23,145,175
32$23,827,727$20,537,903$19,636,310$25,193,172
33$26,192,928$21,479,033$20,228,900$27,439,681
34$28,797,325$22,464,224$20,839,286$29,904,592
35$31,665,251$23,495,570$21,468,001$32,609,814
36$34,823,519$24,575,266$22,115,592$35,579,473
37$38,301,676$25,705,612$22,782,622$38,840,147
38$42,132,279$26,889,019$23,469,672$42,421,108
39$46,351,204$28,128,013$24,177,339$46,354,597
40$50,997,984$29,425,243$24,906,237$50,676,133
41$56,116,183$30,783,485$25,657,001$55,424,836
42$61,753,806$32,205,647$26,430,282$60,643,806
43$67,963,749$33,694,780$27,226,752$66,380,515
44$74,804,305$35,254,077$28,047,101$72,687,265
45$82,339,708$36,886,891$28,892,043$79,621,672
46$90,640,741$38,596,731$29,762,309$87,247,207
47$99,785,404$40,387,278$30,658,654$95,633,799
48$109,859,651$42,262,391$31,581,854$104,858,485
49$120,958,199$44,226,112$32,532,710$115,006,142
50$133,185,425$46,282,681$33,512,045$126,170,278
51$146,656,346$48,436,540$34,520,707$138,453,917
52$161,497,711$50,692,348$35,559,568$151,970,568
53$177,849,191$53,054,987$36,629,527$166,845,292
54$195,864,701$55,529,574$37,731,510$183,215,878
55$215,713,853$58,121,475$38,866,467$201,234,143
56$237,583,553$60,836,315$40,035,381$221,067,364
57$261,679,770$63,679,988$41,239,261$242,899,845
58$288,229,475$66,658,677$42,479,145$266,934,662
59$317,482,789$69,778,859$43,756,104$293,395,573
60$349,715,340$73,047,329$45,071,239$322,529,123
61$385,230,863$76,471,207$46,425,684$354,606,973
62$424,364,074$80,057,959$47,820,607$389,928,455
63$467,483,821$83,815,410$49,257,209$428,823,397
64$514,996,573$87,751,768$50,736,728$471,655,231
65$567,350,251$91,875,632$52,260,436$518,824,416
66$625,038,462$96,196,024$53,829,646$570,772,218
67$688,605,153$100,722,396$55,445,707$627,984,866
68$758,649,748$105,464,663$57,110,007$690,998,142
69$835,832,808$110,433,218$58,823,979$760,402,426
70$920,882,265$115,638,956$60,589,093$836,848,271
71$1,014,600,294$121,093,303$62,406,865$921,052,533
72$1,117,870,885$126,808,235$64,278,856$1,013,805,134
73$1,231,668,189$132,796,313$66,206,672$1,115,976,512
74$1,357,065,714$139,070,702$68,191,965$1,228,525,832
75$1,495,246,459$145,645,208$70,236,438$1,352,510,034
76$1,647,514,081$152,534,307$72,341,842$1,489,093,802
77$1,815,305,204$159,753,174$74,509,980$1,639,560,551
78$2,000,202,979$167,317,724$76,742,708$1,805,324,539
79$2,203,952,031$175,244,641$79,041,937$1,987,944,205
80$2,428,474,930$183,551,420$81,409,634$2,189,136,875
81$2,675,890,337$192,256,404$83,847,821$2,410,794,966
82$2,948,533,012$201,378,828$86,358,583$2,655,003,841
83$3,248,975,848$210,938,859$88,944,065$2,924,061,485
84$3,580,054,166$220,957,645$91,606,472$3,220,500,192
85$3,944,892,480$231,457,359$94,348,078$3,547,110,458
86$4,346,933,995$242,461,252$97,171,221$3,906,967,315
87$4,789,973,113$253,993,703$100,078,307$4,303,459,350
88$5,278,191,254$266,080,278$103,071,814$4,740,320,683
89$5,816,196,333$278,747,783$106,154,291$5,221,666,206
90$6,409,066,262$292,024,327$109,328,363$5,752,030,421
91$7,062,396,887$305,939,386$112,596,730$6,336,410,229
92$7,782,354,822$320,523,867$115,962,172$6,980,312,096
93$8,575,735,659$335,810,182$119,427,550$7,689,804,021
94$9,450,028,131$351,832,317$122,995,808$8,471,572,806
95$10,413,484,811$368,625,910$126,669,978$9,332,987,170
96$11,475,200,016$386,228,335$130,453,177$10,282,167,296
97$12,645,195,675$404,678,780$134,348,615$11,328,061,480
98$13,934,515,937$424,018,343$138,359,597$12,480,530,583
99$15,355,331,439$444,290,119$142,489,521$13,750,441,115
100$16,921,054,212$465,539,301$146,741,885$15,149,767,799