Can I retire at age 30 with 14,300,000?

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 $14,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$1,180,881$1,170,362$1,160,100$1,150,083$1,140,302$1,112,736
2 years$584,594$573,707$563,155$552,924$543,001$515,394
3 years$385,858$374,924$364,399$354,264$344,502$317,717
4 years$286,510$275,609$265,189$255,227$245,702$219,945
5 years$226,916$216,081$205,797$196,039$186,779$162,123
6 years$187,200$176,446$166,315$156,774$147,792$124,261
7 years$158,843$148,179$138,208$128,893$120,194$97,791
8 years$137,584$127,017$117,212$108,125$99,713$78,429
9 years$121,058$110,591$100,954$92,098$83,972$63,790
10 years$107,846$97,481$88,014$79,390$71,549$52,445
11 years$97,042$86,781$77,486$69,093$61,534$43,482
12 years$88,046$77,890$68,767$60,604$53,324$36,293
13 years$80,440$70,390$61,439$53,504$46,500$30,457
14 years$73,925$63,982$55,203$47,495$40,761$25,672
15 years$68,285$58,449$49,841$42,357$35,890$21,718
16 years$63,354$53,626$45,188$37,926$31,719$18,428
17 years$59,008$49,388$41,120$34,076$28,125$15,676
18 years$55,150$45,636$37,537$30,710$25,007$13,363
19 years$51,701$42,295$34,363$27,749$22,289$11,412
20 years$48,601$39,303$31,537$25,132$19,909$9,760
21 years$45,800$36,609$29,008$22,809$17,817$8,358
22 years$43,257$34,173$26,735$20,738$15,970$7,165
23 years$40,939$31,961$24,685$18,887$14,336$6,148
24 years$38,817$29,946$22,830$17,226$12,885$5,279
25 years$36,868$28,103$21,145$15,732$11,595$4,536
26 years$35,071$26,412$19,611$14,384$10,444$3,900
27 years$33,411$24,857$18,210$13,166$9,416$3,355
28 years$31,872$23,422$16,929$12,063$8,496$2,887
29 years$30,441$22,096$15,754$11,062$7,672$2,486
30 years$29,109$20,868$14,674$10,152$6,932$2,140
31 years$27,864$19,727$13,680$9,324$6,267$1,844
32 years$26,700$18,666$12,764$8,569$5,669$1,589
33 years$25,609$17,677$11,918$7,880$5,131$1,369
34 years$24,584$16,753$11,135$7,250$4,645$1,180
35 years$23,620$15,890$10,411$6,674$4,207$1,017
36 years$22,712$15,082$9,739$6,147$3,812$877
37 years$21,854$14,325$9,115$5,663$3,455$756
38 years$21,044$13,614$8,536$5,220$3,132$652
39 years$20,277$12,945$7,997$4,813$2,840$562
40 years$19,550$12,316$7,496$4,440$2,576$485
41 years$18,861$11,724$7,029$4,096$2,337$418
42 years$18,206$11,165$6,593$3,780$2,121$361
43 years$17,583$10,638$6,187$3,490$1,925$311
44 years$16,990$10,141$5,808$3,222$1,747$268
45 years$16,426$9,670$5,453$2,976$1,586$232
46 years$15,887$9,225$5,122$2,749$1,440$200
47 years$15,373$8,803$4,812$2,539$1,308$172
48 years$14,881$8,404$4,522$2,346$1,188$149
49 years$14,411$8,025$4,250$2,169$1,079$128
50 years$13,962$7,666$3,996$2,004$980$111

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $14,300,000, adding $4,102 every year, while hoping to spend $42,911 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: 54/36/10 Blend
29$14,300,000$14,300,000$14,300,000$14,300,000
30$15,762,831$15,004,931$14,783,281$16,574,138
31$17,324,983$15,694,516$15,232,864$17,814,418
32$19,045,036$16,416,452$15,696,070$19,158,600
33$20,939,051$17,172,279$16,173,310$20,620,557
34$23,024,725$17,963,612$16,665,007$22,211,472
35$25,321,560$18,792,142$17,171,597$23,943,635
36$27,851,044$19,659,641$17,693,530$25,830,548
37$30,636,855$20,567,969$18,231,268$27,887,053
38$33,705,087$21,519,072$18,785,289$30,129,461
39$37,084,492$22,514,993$19,356,082$32,575,704
40$40,806,753$23,557,870$19,944,153$35,245,496
41$44,906,783$24,649,947$20,550,024$38,160,515
42$49,423,055$25,793,574$21,174,230$41,344,599
43$54,397,964$26,991,217$21,817,324$44,823,963
44$59,878,227$28,245,457$22,479,875$48,627,443
45$65,915,325$29,559,003$23,162,469$52,786,756
46$72,565,986$30,934,692$23,865,710$57,336,796
47$79,892,725$32,375,500$24,590,219$62,315,950
48$87,964,428$33,884,545$25,336,637$67,766,458
49$96,857,009$35,465,097$26,105,623$73,734,794
50$106,654,120$37,120,583$26,897,857$80,272,105
51$117,447,943$38,854,594$27,714,039$87,434,675
52$129,340,062$40,670,898$28,554,888$95,284,451
53$142,442,419$42,573,443$29,421,147$103,889,616
54$156,878,371$44,566,367$30,313,580$113,325,220
55$172,783,854$46,654,008$31,232,975$123,673,875
56$190,308,670$48,840,917$32,180,143$135,026,527
57$209,617,894$51,131,862$33,155,917$147,483,296
58$230,893,438$53,531,842$34,161,159$161,154,411
59$254,335,764$56,046,098$35,196,753$176,161,236
60$280,165,781$58,680,125$36,263,613$192,637,397
61$308,626,923$61,439,684$37,362,677$210,730,031
62$339,987,456$64,330,816$38,494,914$230,601,158
63$374,543,002$67,359,850$39,661,318$252,429,190
64$412,619,333$70,533,428$40,862,917$276,410,604
65$454,575,447$73,858,509$42,100,768$302,761,768
66$500,806,958$77,342,390$43,375,958$331,720,973
67$551,749,823$80,992,724$44,689,609$363,550,656
68$607,884,469$84,817,531$46,042,874$398,539,855
69$669,740,318$88,825,222$47,436,943$437,006,920
70$737,900,789$93,024,618$48,873,040$479,302,489
71$813,008,808$97,424,962$50,352,425$525,812,776
72$895,772,872$102,035,951$51,876,398$576,963,190
73$986,973,742$106,867,749$53,446,293$633,222,323
74$1,087,471,809$111,931,015$55,063,490$695,106,344
75$1,198,215,222$117,236,923$56,729,405$763,183,844
76$1,320,248,833$122,797,191$58,445,499$838,081,172
77$1,454,724,066$128,624,105$60,213,275$920,488,311
78$1,602,909,783$134,730,548$62,034,282$1,011,165,361
79$1,766,204,265$141,130,029$63,910,114$1,110,949,679
80$1,946,148,411$147,836,712$65,842,414$1,220,763,741
81$2,144,440,287$154,865,448$67,832,872$1,341,623,816
82$2,362,951,152$162,231,811$69,883,230$1,474,649,516
83$2,603,743,132$169,952,132$71,995,281$1,621,074,321
84$2,869,088,679$178,043,534$74,170,870$1,782,257,183
85$3,161,492,030$186,523,973$76,411,900$1,959,695,298
86$3,483,712,846$195,412,277$78,720,328$2,155,038,200
87$3,838,792,267$204,728,189$81,098,170$2,370,103,276
88$4,230,081,622$214,492,414$83,547,502$2,606,892,867
89$4,661,274,066$224,726,661$86,070,461$2,867,613,116
90$5,136,439,449$235,453,695$88,669,250$3,154,694,735
91$5,660,062,737$246,697,391$91,346,134$3,470,815,888
92$6,237,086,354$258,482,781$94,103,448$3,818,927,409
93$6,872,956,842$270,836,117$96,943,593$4,202,280,587
94$7,573,676,282$283,784,929$99,869,046$4,624,457,795
95$8,345,858,957$297,358,085$102,882,353$5,089,406,225
96$9,196,793,797$311,585,858$105,986,138$5,601,475,078
97$10,134,513,194$326,499,994$109,183,103$6,165,456,539
98$11,167,868,831$342,133,785$112,476,029$6,786,630,928
99$12,306,615,255$358,522,144$115,867,779$7,470,816,461
100$13,561,501,965$375,701,682$119,361,303$8,224,424,082