Can I retire at age 30 with 14,600,000?

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 $14,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$1,205,654$1,194,915$1,184,437$1,174,210$1,164,225$1,156,403
2 years$596,859$585,743$574,970$564,524$554,393$546,504
3 years$393,953$382,789$372,043$361,696$351,729$344,018
4 years$292,520$281,391$270,752$260,582$250,856$243,382
5 years$231,677$220,614$210,115$200,152$190,697$183,482
6 years$191,127$180,148$169,804$160,063$150,892$143,945
7 years$162,175$151,288$141,108$131,597$122,716$116,040
8 years$140,471$129,682$119,671$110,393$101,804$95,401
9 years$123,598$112,911$103,072$94,030$85,734$79,600
10 years$110,108$99,526$89,861$81,055$73,050$67,183
11 years$99,078$88,602$79,112$70,542$62,825$57,221
12 years$89,893$79,524$70,210$61,875$54,443$49,096
13 years$82,127$71,867$62,728$54,626$47,475$42,381
14 years$75,476$65,325$56,361$48,491$41,617$36,768
15 years$69,718$59,675$50,887$43,246$36,643$32,034
16 years$64,684$54,751$46,136$38,722$32,385$28,009
17 years$60,246$50,424$41,982$34,791$28,715$24,564
18 years$56,307$46,594$38,324$31,354$25,532$21,600
19 years$52,786$43,183$35,084$28,331$22,757$19,036
20 years$49,621$40,127$32,198$25,659$20,327$16,810
21 years$46,761$37,377$29,616$23,287$18,190$14,869
22 years$44,165$34,890$27,296$21,173$16,305$13,171
23 years$41,798$32,632$25,203$19,283$14,636$11,683
24 years$39,631$30,574$23,309$17,587$13,155$10,375
25 years$37,641$28,692$21,588$16,062$11,838$9,222
26 years$35,807$26,966$20,022$14,686$10,663$8,205
27 years$34,112$25,378$18,592$13,442$9,614$7,306
28 years$32,540$23,914$17,284$12,316$8,675$6,510
29 years$31,080$22,560$16,084$11,294$7,833$5,804
30 years$29,719$21,305$14,982$10,365$7,078$5,177
31 years$28,449$20,141$13,967$9,520$6,399$4,620
32 years$27,261$19,057$13,032$8,749$5,788$4,125
33 years$26,146$18,047$12,168$8,045$5,238$3,685
34 years$25,100$17,105$11,369$7,402$4,743$3,292
35 years$24,116$16,224$10,629$6,814$4,296$2,943
36 years$23,188$15,399$9,943$6,276$3,892$2,631
37 years$22,313$14,625$9,307$5,782$3,528$2,353
38 years$21,485$13,899$8,715$5,330$3,198$2,104
39 years$20,702$13,217$8,165$4,914$2,900$1,882
40 years$19,961$12,575$7,653$4,533$2,630$1,684
41 years$19,257$11,970$7,176$4,182$2,386$1,507
42 years$18,588$11,400$6,732$3,859$2,165$1,349
43 years$17,952$10,862$6,317$3,563$1,965$1,208
44 years$17,347$10,353$5,929$3,290$1,784$1,081
45 years$16,770$9,873$5,567$3,038$1,619$968
46 years$16,220$9,418$5,229$2,806$1,470$867
47 years$15,695$8,988$4,913$2,593$1,335$776
48 years$15,193$8,580$4,617$2,396$1,213$695
49 years$14,714$8,194$4,339$2,214$1,101$622
50 years$14,255$7,827$4,080$2,046$1,000$557

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $14,600,000, adding $4,654 every year, while hoping to spend $38,615 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: 75/16/9 Blend
29$14,600,000$14,600,000$14,600,000$14,600,000
30$16,094,001$15,320,201$15,093,901$17,276,574
31$17,694,503$16,029,804$15,558,460$18,765,708
32$19,456,962$16,772,885$16,037,288$20,391,750
33$21,397,856$17,551,041$16,530,822$22,172,528
34$23,535,346$18,365,949$17,039,513$24,123,373
35$25,889,438$19,219,368$17,563,824$26,261,161
36$28,482,183$20,113,139$18,104,234$28,604,470
37$31,337,876$21,049,194$18,661,236$31,173,750
38$34,483,292$22,029,556$19,235,340$33,991,516
39$37,947,931$23,056,349$19,827,068$37,082,557
40$41,764,306$24,131,795$20,436,960$40,474,168
41$45,968,239$25,258,227$21,065,572$44,196,399
42$50,599,209$26,438,090$21,713,478$48,282,343
43$55,700,718$27,673,946$22,381,269$52,768,439
44$61,320,702$28,968,480$23,069,553$57,694,816
45$67,511,989$30,324,510$23,778,958$63,105,665
46$74,332,788$31,744,988$24,510,129$69,049,653
47$81,847,248$33,233,008$25,263,734$75,580,380
48$90,126,057$34,791,816$26,040,460$82,756,879
49$99,247,113$36,424,812$26,841,012$90,644,168
50$109,296,254$38,135,563$27,666,122$99,313,861
51$120,368,074$39,927,808$28,516,539$108,844,836
52$132,566,814$41,805,467$29,393,039$119,323,978
53$146,007,342$43,772,649$30,296,420$130,846,992
54$160,816,244$45,833,661$31,227,503$143,519,298
55$177,133,013$47,993,023$32,187,136$157,457,026
56$195,111,368$50,255,469$33,176,193$172,788,100
57$214,920,705$52,625,964$34,195,573$189,653,444
58$236,747,696$55,109,715$35,246,203$208,208,302
59$260,798,049$57,712,179$36,329,040$228,623,699
60$287,298,455$60,439,081$37,445,067$251,088,043
61$316,498,720$63,296,419$38,595,300$275,808,905
62$348,674,131$66,290,485$39,780,784$303,014,961
63$384,128,049$69,427,875$41,002,597$332,958,146
64$423,194,775$72,715,506$42,261,849$365,916,026
65$466,242,706$76,160,629$43,559,684$402,194,403
66$513,677,810$79,770,849$44,897,282$442,130,197
67$565,947,463$83,554,137$46,275,857$486,094,615
68$623,544,668$87,518,853$47,696,662$534,496,644
69$687,012,711$91,673,763$49,160,987$587,786,902
70$756,950,288$96,028,058$50,670,161$646,461,878
71$834,017,160$100,591,376$52,225,554$711,068,608
72$918,940,378$105,373,821$53,828,577$782,209,830
73$1,012,521,148$110,385,990$55,480,687$860,549,653
74$1,115,642,396$115,638,995$57,183,381$946,819,821
75$1,229,277,101$121,144,485$58,938,204$1,041,826,600
76$1,354,497,479$126,914,679$60,746,747$1,146,458,376
77$1,492,485,110$132,962,387$62,610,652$1,261,694,028
78$1,644,542,090$139,301,042$64,531,607$1,388,612,150
79$1,812,103,322$145,944,732$66,511,355$1,528,401,217
80$1,996,750,064$152,908,228$68,551,689$1,682,370,785
81$2,200,224,859$160,207,019$70,654,459$1,851,963,838
82$2,424,447,981$167,857,349$72,821,569$2,038,770,387
83$2,671,535,567$175,876,251$75,054,984$2,244,542,460
84$2,943,819,595$184,281,587$77,356,726$2,471,210,624
85$3,243,869,896$193,092,088$79,728,879$2,720,902,184
86$3,574,518,421$202,327,395$82,173,591$2,995,961,241
87$3,938,885,969$212,008,107$84,693,076$3,298,970,803
88$4,340,411,658$222,155,824$87,289,614$3,632,777,137
89$4,782,885,385$232,793,197$89,965,554$4,000,516,614
90$5,270,483,612$243,943,982$92,723,318$4,405,645,293
91$5,807,808,792$255,633,088$95,565,400$4,851,971,514
92$6,399,932,819$267,886,640$98,494,372$5,343,691,824
93$7,052,444,915$280,732,034$101,512,881$5,885,430,558
94$7,771,504,391$294,197,998$104,623,658$6,482,283,465
95$8,563,898,801$308,314,663$107,829,513$7,139,865,777
96$9,437,108,022$323,113,624$111,133,344$7,864,365,184
97$10,399,374,867$338,628,018$114,538,138$8,662,600,213
98$11,459,782,907$354,892,595$118,046,970$9,542,084,554
99$12,628,342,230$371,943,798$121,663,009$10,511,097,957
100$13,916,083,939$389,819,847$125,389,522$11,578,764,349