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

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 $17,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$1,478,165$1,464,999$1,452,153$1,439,614$1,427,371$1,398,552
2 years$731,765$718,137$704,928$692,122$679,701$650,792
3 years$482,997$469,310$456,135$443,449$431,230$403,134
4 years$358,638$344,993$331,950$319,480$307,557$280,489
5 years$284,042$270,478$257,607$245,392$233,800$207,838
6 years$234,327$220,866$208,184$196,242$184,998$160,170
7 years$198,831$185,483$173,002$161,341$150,453$126,764
8 years$172,221$158,993$146,720$135,345$124,815$102,259
9 years$151,535$138,432$126,370$115,284$105,112$83,674
10 years$134,996$122,021$110,172$99,376$89,561$69,219
11 years$121,473$108,628$96,994$86,487$77,025$57,755
12 years$110,211$97,499$86,079$75,860$66,749$48,521
13 years$100,690$88,110$76,906$66,973$58,206$40,991
14 years$92,536$80,090$69,101$59,452$51,023$34,788
15 years$85,476$73,164$62,388$53,020$44,925$29,636
16 years$79,304$67,126$56,564$47,474$39,705$25,325
17 years$73,864$61,821$51,471$42,655$35,205$21,699
18 years$69,033$57,125$46,987$38,441$31,303$18,634
19 years$64,717$52,943$43,014$34,734$27,901$16,031
20 years$60,836$49,197$39,476$31,459$24,921$13,815
21 years$57,330$45,825$36,310$28,551$22,302$11,921
22 years$54,147$42,776$33,466$25,959$19,990$10,298
23 years$51,245$40,008$30,900$23,642$17,945$8,906
24 years$48,589$37,485$28,577$21,562$16,129$7,708
25 years$46,149$35,177$26,468$19,692$14,514$6,677
26 years$43,900$33,061$24,548$18,005$13,073$5,787
27 years$41,822$31,114$22,795$16,481$11,787$5,018
28 years$39,895$29,319$21,191$15,100$10,635$4,354
29 years$38,105$27,659$19,720$13,847$9,603$3,779
30 years$36,437$26,121$18,368$12,708$8,677$3,281
31 years$34,879$24,693$17,124$11,671$7,845$2,850
32 years$33,422$23,365$15,977$10,726$7,096$2,476
33 years$32,056$22,127$14,918$9,864$6,422$2,152
34 years$30,773$20,971$13,938$9,075$5,815$1,870
35 years$29,567$19,891$13,031$8,354$5,267$1,626
36 years$28,429$18,879$12,191$7,694$4,772$1,413
37 years$27,356$17,931$11,410$7,089$4,325$1,229
38 years$26,342$17,041$10,685$6,534$3,921$1,069
39 years$25,382$16,204$10,011$6,025$3,556$930
40 years$24,472$15,417$9,383$5,557$3,225$809
41 years$23,609$14,675$8,798$5,127$2,926$703
42 years$22,789$13,976$8,253$4,732$2,655$612
43 years$22,010$13,317$7,745$4,368$2,409$532
44 years$21,268$12,694$7,270$4,033$2,187$463
45 years$20,561$12,104$6,826$3,725$1,985$403
46 years$19,886$11,547$6,411$3,441$1,803$351
47 years$19,243$11,020$6,023$3,179$1,637$305
48 years$18,628$10,520$5,660$2,937$1,487$265
49 years$18,039$10,046$5,320$2,714$1,350$231
50 years$17,477$9,596$5,002$2,509$1,226$201

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 $6,949 every year, while hoping to spend $59,166 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: 59/25/16 Blend
29$17,900,000$17,900,000$17,900,000$17,900,000
30$19,732,968$18,784,268$18,506,818$20,815,885
31$21,682,778$19,641,745$19,063,844$22,406,051
32$23,829,487$20,539,255$19,637,548$24,132,192
33$26,193,114$21,478,698$20,228,425$26,013,210
34$28,795,721$22,462,064$20,836,987$28,064,057
35$31,661,617$23,491,438$21,463,759$30,301,171
36$34,817,591$24,569,007$22,109,283$32,742,633
37$38,293,158$25,697,061$22,774,117$35,408,326
38$42,120,844$26,878,001$23,458,834$38,320,123
39$46,336,490$28,114,343$24,164,025$41,502,085
40$50,979,591$29,408,725$24,890,298$44,980,682
41$56,093,666$30,763,910$25,638,281$48,785,039
42$61,726,674$32,182,794$26,408,617$52,947,203
43$67,931,459$33,668,415$27,201,969$57,502,440
44$74,766,254$35,223,955$28,019,022$62,489,560
45$82,295,232$36,852,748$28,860,479$67,951,275
46$90,589,103$38,558,291$29,727,063$73,934,600
47$99,725,793$40,344,248$30,619,520$80,491,282
48$109,791,167$42,214,459$31,538,618$87,678,285
49$120,879,850$44,172,951$32,485,145$95,558,319
50$133,096,112$46,223,944$33,459,916$104,200,419
51$146,554,859$48,371,861$34,463,766$113,680,593
52$161,382,711$50,621,338$35,497,559$124,082,526
53$177,719,201$52,977,237$36,562,180$135,498,361
54$195,718,089$55,444,651$37,658,543$148,029,557
55$215,548,817$58,028,922$38,787,586$161,787,838
56$237,398,105$60,735,648$39,950,279$176,896,235
57$261,471,714$63,570,697$41,147,616$193,490,232
58$287,996,390$66,540,222$42,380,623$211,719,040
59$317,222,002$69,650,673$43,650,354$231,746,983
60$349,423,901$72,908,811$44,957,895$253,755,042
61$384,905,518$76,321,722$46,304,364$277,942,548
62$424,001,233$79,896,839$47,690,912$304,529,045
63$467,079,524$83,641,949$49,118,723$333,756,350
64$514,546,451$87,565,220$50,589,016$365,890,818
65$566,849,487$91,675,213$52,103,045$401,225,840
66$624,481,739$95,980,904$53,662,103$440,084,594
67$687,986,611$100,491,702$55,267,517$482,823,076
68$757,962,922$105,217,473$56,920,656$529,833,442
69$835,070,571$110,168,559$58,622,928$581,547,689
70$920,036,755$115,355,805$60,375,782$638,441,711
71$1,013,662,843$120,790,579$62,180,711$701,039,771
72$1,116,831,936$126,484,800$64,039,247$769,919,422
73$1,230,517,205$132,450,966$65,952,973$845,716,941
74$1,355,791,075$138,702,179$67,923,513$929,133,303
75$1,493,835,356$145,252,176$69,952,542$1,020,940,775
76$1,645,952,391$152,115,362$72,041,781$1,121,990,180
77$1,813,577,357$159,306,837$74,193,003$1,233,218,894
78$1,998,291,812$166,842,436$76,408,032$1,355,659,668
79$2,201,838,622$174,738,761$78,688,747$1,490,450,346
80$2,426,138,419$183,013,218$81,037,078$1,638,844,568
81$2,673,307,732$191,684,060$83,455,014$1,802,223,576
82$2,945,678,966$200,770,424$85,944,602$1,982,109,209
83$3,245,822,421$210,292,376$88,507,947$2,180,178,238
84$3,576,570,562$220,270,956$91,147,217$2,398,278,149
85$3,941,044,751$230,728,225$93,864,641$2,638,444,548
86$4,342,684,724$241,687,316$96,662,514$2,902,920,327
87$4,785,281,056$253,172,485$99,543,199$3,194,176,795
88$5,273,010,953$265,209,165$102,509,125$3,514,936,960
89$5,810,477,682$277,824,027$105,562,793$3,868,201,184
90$6,402,754,036$291,045,035$108,706,777$4,257,275,455
91$7,055,430,219$304,901,512$111,943,725$4,685,802,539
92$7,774,666,623$319,424,208$115,276,362$5,157,796,318
93$8,567,251,990$334,645,365$118,707,491$5,677,679,615
94$9,440,667,499$350,598,795$122,239,998$6,250,325,888
95$10,403,157,398$367,319,950$125,876,853$6,881,105,173
96$11,463,806,834$384,846,009$129,621,109$7,575,934,705
97$12,632,627,625$403,215,957$133,475,910$8,341,334,714
98$13,920,652,781$422,470,676$137,444,490$9,184,489,898
99$15,340,040,661$442,653,037$141,530,178$10,113,317,176
100$16,904,189,767$463,807,994$145,736,397$11,136,540,341