Can I retire at age 30 with 14,000,000?

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 $14,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$1,156,107$1,145,809$1,135,762$1,125,955$1,116,380$1,101,061
2 years$572,330$561,671$551,341$541,325$531,609$516,203
3 years$377,763$367,058$356,754$346,832$337,275$322,260
4 years$280,499$269,827$259,625$249,873$240,547$226,039
5 years$222,156$211,547$201,480$191,926$182,860$168,901
6 years$183,273$172,744$162,826$153,485$144,691$131,298
7 years$155,510$145,070$135,309$126,189$117,673$104,850
8 years$134,698$124,352$114,753$105,856$97,621$85,367
9 years$118,519$108,271$98,837$90,166$82,211$70,520
10 years$105,583$95,436$86,168$77,724$70,048$58,912
11 years$95,006$84,961$75,861$67,643$60,243$49,651
12 years$86,199$76,256$67,325$59,332$52,206$42,146
13 years$78,752$68,913$60,150$52,381$45,524$35,983
14 years$72,375$62,640$54,045$46,498$39,906$30,868
15 years$66,852$57,223$48,795$41,468$35,137$26,587
16 years$62,025$52,501$44,240$37,130$31,054$22,976
17 years$57,770$48,351$40,257$33,361$27,535$19,912
18 years$53,993$44,679$36,749$30,065$24,482$17,299
19 years$50,616$41,408$33,642$27,167$21,822$15,059
20 years$47,582$38,478$30,875$24,605$19,492$13,133
21 years$44,839$35,841$28,399$22,330$17,443$11,471
22 years$42,350$33,456$26,174$20,303$15,635$10,032
23 years$40,080$31,291$24,167$18,491$14,035$8,784
24 years$38,003$29,318$22,351$16,865$12,615$7,698
25 years$36,094$27,513$20,701$15,402$11,351$6,753
26 years$34,335$25,858$19,199$14,082$10,225$5,928
27 years$32,710$24,335$17,828$12,890$9,219$5,208
28 years$31,203$22,931$16,574$11,810$8,318$4,577
29 years$29,803$21,633$15,423$10,830$7,511$4,025
30 years$28,498$20,430$14,366$9,939$6,787$3,541
31 years$27,280$19,313$13,393$9,128$6,136$3,117
32 years$26,140$18,274$12,496$8,389$5,550$2,744
33 years$25,072$17,306$11,668$7,715$5,023$2,416
34 years$24,069$16,402$10,902$7,098$4,548$2,129
35 years$23,125$15,557$10,192$6,534$4,119$1,876
36 years$22,235$14,766$9,535$6,018$3,732$1,653
37 years$21,396$14,024$8,924$5,545$3,383$1,457
38 years$20,602$13,328$8,357$5,111$3,067$1,284
39 years$19,852$12,674$7,830$4,712$2,781$1,133
40 years$19,140$12,058$7,339$4,346$2,522$999
41 years$18,465$11,478$6,881$4,010$2,288$881
42 years$17,824$10,931$6,455$3,701$2,076$777
43 years$17,214$10,415$6,057$3,416$1,885$685
44 years$16,634$9,928$5,686$3,154$1,711$604
45 years$16,081$9,467$5,339$2,913$1,553$533
46 years$15,554$9,031$5,014$2,691$1,410$470
47 years$15,050$8,619$4,711$2,486$1,280$415
48 years$14,569$8,228$4,427$2,297$1,163$366
49 years$14,109$7,857$4,161$2,123$1,056$323
50 years$13,669$7,505$3,912$1,962$959$285

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $14,000,000, adding $2,247 every year, while hoping to spend $34,045 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: 73/10/17 Blend
29$14,000,000$14,000,000$14,000,000$14,000,000
30$15,430,318$14,688,318$14,471,318$16,496,219
31$16,967,987$15,371,822$14,919,883$17,887,000
32$18,661,357$16,087,676$15,382,335$19,405,689
33$20,526,273$16,837,431$15,859,101$21,068,455
34$22,580,197$17,622,709$16,350,625$22,889,592
35$24,842,370$18,445,214$16,857,363$24,884,838
36$27,333,991$19,306,730$17,379,785$27,071,518
37$30,078,426$20,209,127$17,918,376$29,468,709
38$33,101,419$21,154,368$18,473,635$32,097,414
39$36,431,340$22,144,508$19,046,077$34,980,764
40$40,099,450$23,181,702$19,636,234$38,144,225
41$44,140,198$24,268,210$20,244,653$41,615,845
42$48,591,548$25,406,401$20,871,898$45,426,510
43$53,495,329$26,598,759$21,518,550$49,610,234
44$58,897,641$27,847,886$22,185,210$54,204,481
45$64,849,282$29,156,514$22,872,496$59,250,511
46$71,406,228$30,527,502$23,581,043$64,793,766
47$78,630,165$31,963,852$24,311,511$70,884,302
48$86,589,070$33,468,709$25,064,575$77,577,252
49$95,357,851$35,045,371$25,840,933$84,933,343
50$105,019,052$36,697,295$26,641,305$93,019,471
51$115,663,640$38,428,106$27,466,433$101,909,324
52$127,391,853$40,241,606$28,317,080$111,684,073
53$140,314,156$42,141,778$29,194,036$122,433,140
54$154,552,276$44,132,802$30,098,113$134,255,030
55$170,240,356$46,219,057$31,030,147$147,258,263
56$187,526,218$48,405,136$31,991,003$161,562,389
57$206,572,760$50,695,856$32,981,569$177,299,115
58$227,559,494$53,096,265$34,002,764$194,613,542
59$250,684,238$55,611,658$35,055,533$213,665,530
60$276,164,988$58,247,587$36,140,851$234,631,198
61$304,241,969$61,009,870$37,259,721$257,704,588
62$335,179,908$63,904,613$38,413,181$283,099,485
63$369,270,534$66,938,214$39,602,297$311,051,430
64$406,835,325$70,117,383$40,828,171$341,819,938
65$448,228,549$73,449,155$42,091,935$375,690,941
66$493,840,606$76,940,910$43,394,761$412,979,481
67$544,101,715$80,600,381$44,737,852$454,032,673
68$599,485,972$84,435,682$46,122,453$499,232,979
69$660,515,829$88,455,318$47,549,842$549,001,808
70$727,767,023$92,668,208$49,021,342$603,803,486
71$801,874,014$97,083,705$50,538,311$664,149,632
72$883,535,973$101,711,616$52,102,154$730,603,974
73$973,523,383$106,562,226$53,714,317$803,787,669
74$1,072,685,310$111,646,317$55,376,289$884,385,152
75$1,181,957,424$116,975,199$57,089,607$973,150,586
76$1,302,370,828$122,560,730$58,855,855$1,070,914,976
77$1,435,061,791$128,415,345$60,676,665$1,178,593,996
78$1,581,282,481$134,552,084$62,553,720$1,297,196,630
79$1,742,412,779$140,984,621$64,488,755$1,427,834,676
80$1,919,973,312$147,727,297$66,483,557$1,571,733,235
81$2,115,639,803$154,795,148$68,539,970$1,730,242,263
82$2,331,258,897$162,203,944$70,659,893$1,904,849,300
83$2,568,865,589$169,970,222$72,845,284$2,097,193,496
84$2,830,702,439$178,111,323$75,098,161$2,309,081,076
85$3,119,240,744$186,645,434$77,420,606$2,542,502,373
86$3,437,203,866$195,591,626$79,814,762$2,799,650,601
87$3,787,592,944$204,969,899$82,282,840$3,082,942,543
88$4,173,715,228$214,801,228$84,827,119$3,395,041,350
89$4,599,215,301$225,107,608$87,449,947$3,738,881,664
90$5,068,109,486$235,912,105$90,153,745$4,117,697,302
91$5,584,823,766$247,238,911$92,941,008$4,535,051,767
92$6,154,235,567$259,113,394$95,814,309$4,994,871,867
93$6,781,719,805$271,562,160$98,776,298$5,501,484,762
94$7,473,199,629$284,613,111$101,829,708$6,059,658,799
95$8,235,202,344$298,295,506$104,977,356$6,674,648,498
96$9,074,921,032$312,640,034$108,222,146$7,352,244,134
97$10,000,282,459$327,678,878$111,567,070$8,098,826,377
98$11,020,021,915$343,445,788$115,015,212$8,921,426,502
99$12,143,765,681$359,976,162$118,569,752$9,827,792,738
100$13,382,121,909$377,307,123$122,233,968$10,826,463,391