Can I retire at age 30 with 14,700,000?

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 $14,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$1,213,912$1,203,099$1,192,550$1,182,253$1,172,199$1,137,410
2 years$600,947$589,755$578,908$568,391$558,190$523,428
3 years$396,652$385,411$374,592$364,174$354,139$320,494
4 years$294,524$283,318$272,607$262,367$252,575$220,305
5 years$233,263$222,125$211,554$201,523$192,003$161,196
6 years$192,436$181,382$170,967$161,159$151,926$122,608
7 years$163,286$152,324$142,074$132,498$123,556$95,728
8 years$141,433$130,570$120,490$111,149$102,502$76,146
9 years$124,445$113,684$103,778$94,674$86,321$61,411
10 years$110,862$100,207$90,476$81,610$73,550$50,050
11 years$99,757$89,209$79,654$71,025$63,256$41,126
12 years$90,509$80,069$70,691$62,299$54,816$34,012
13 years$82,690$72,359$63,158$55,001$47,801$28,275
14 years$75,993$65,772$56,747$48,823$41,902$23,604
15 years$70,195$60,084$51,235$43,542$36,894$19,773
16 years$65,127$55,126$46,452$38,987$32,607$16,611
17 years$60,659$50,769$42,270$35,029$28,911$13,987
18 years$56,692$46,913$38,587$31,569$25,707$11,800
19 years$53,147$43,478$35,324$28,525$22,913$9,972
20 years$49,961$40,402$32,419$25,835$20,466$8,438
21 years$47,081$37,633$29,819$23,447$18,315$7,148
22 years$44,467$35,129$27,483$21,318$16,417$6,062
23 years$42,084$32,856$25,376$19,415$14,737$5,144
24 years$39,903$30,784$23,468$17,708$13,246$4,369
25 years$37,899$28,889$21,736$16,172$11,919$3,712
26 years$36,052$27,151$20,159$14,787$10,736$3,156
27 years$34,345$25,552$18,720$13,535$9,680$2,684
28 years$32,763$24,078$17,402$12,401$8,734$2,284
29 years$31,293$22,714$16,194$11,372$7,887$1,944
30 years$29,923$21,451$15,084$10,436$7,126$1,654
31 years$28,644$20,279$14,063$9,585$6,443$1,409
32 years$27,447$19,188$13,121$8,809$5,828$1,200
33 years$26,326$18,171$12,251$8,100$5,274$1,022
34 years$25,272$17,222$11,447$7,453$4,775$870
35 years$24,281$16,335$10,702$6,861$4,325$742
36 years$23,347$15,504$10,011$6,319$3,919$632
37 years$22,466$14,725$9,370$5,822$3,552$538
38 years$21,633$13,994$8,775$5,366$3,220$459
39 years$20,844$13,307$8,221$4,948$2,920$391
40 years$20,097$12,661$7,706$4,564$2,648$333
41 years$19,388$12,052$7,225$4,211$2,403$284
42 years$18,715$11,478$6,778$3,886$2,180$242
43 years$18,075$10,936$6,360$3,587$1,979$206
44 years$17,466$10,424$5,970$3,312$1,796$176
45 years$16,885$9,941$5,606$3,059$1,631$150
46 years$16,331$9,483$5,265$2,825$1,480$128
47 years$15,803$9,050$4,946$2,610$1,344$109
48 years$15,298$8,639$4,648$2,412$1,221$93
49 years$14,815$8,250$4,369$2,229$1,109$79
50 years$14,352$7,881$4,107$2,060$1,007$67

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $14,700,000, adding $2,775 every year, while hoping to spend $39,572 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: 56/22/22 Blend
29$14,700,000$14,700,000$14,700,000$14,700,000
30$16,202,262$15,423,162$15,195,312$17,012,840
31$17,812,789$16,136,793$15,662,251$18,280,973
32$19,586,263$16,884,065$16,143,506$19,657,397
33$21,539,263$17,666,586$16,639,515$21,156,103
34$23,690,058$18,486,039$17,150,729$22,788,856
35$26,058,778$19,344,189$17,677,613$24,568,592
36$28,667,607$20,242,888$18,220,646$26,509,536
37$31,540,987$21,184,074$18,780,322$28,627,334
38$34,705,855$22,169,780$19,357,149$30,939,192
39$38,191,891$23,202,138$19,951,653$33,464,038
40$42,031,803$24,283,382$20,564,372$36,222,696
41$46,261,633$25,415,854$21,195,865$39,238,075
42$50,921,097$26,602,008$21,846,704$42,535,381
43$56,053,960$27,844,418$22,517,480$46,142,352
44$61,708,452$29,145,782$23,208,803$50,089,512
45$67,937,716$30,508,928$23,921,301$54,410,452
46$74,800,319$31,936,821$24,655,619$59,142,147
47$82,360,794$33,432,568$25,412,426$64,325,290
48$90,690,260$34,999,429$26,192,407$70,004,679
49$99,867,085$36,640,819$26,996,271$76,229,624
50$109,977,627$38,360,319$27,824,746$83,054,413
51$121,117,055$40,161,684$28,678,584$90,538,813
52$133,390,237$42,048,849$29,558,559$98,748,625
53$146,912,740$44,025,942$30,465,470$107,756,301
54$161,811,915$46,097,288$31,400,138$117,641,618
55$178,228,099$48,267,424$32,363,412$128,492,421
56$196,315,942$50,541,104$33,356,162$140,405,442
57$216,245,864$52,923,315$34,379,291$153,487,208
58$238,205,669$55,419,284$35,433,723$167,855,032
59$262,402,309$58,034,491$36,520,415$183,638,112
60$289,063,846$60,774,682$37,640,350$200,978,739
61$318,441,600$63,645,883$38,794,543$220,033,628
62$350,812,521$66,654,410$39,984,039$240,975,388
63$386,481,808$69,806,885$41,209,914$263,994,134
64$425,785,784$73,110,254$42,473,277$289,299,276
65$469,095,074$76,571,797$43,775,273$317,121,472
66$516,818,105$80,199,149$45,117,078$347,714,802
67$569,404,959$84,000,313$46,499,907$381,359,143
68$627,351,620$87,983,685$47,925,009$418,362,800
69$691,204,663$92,158,063$49,393,675$459,065,398
70$761,566,407$96,532,676$50,907,230$503,841,072
71$839,100,602$101,117,199$52,467,045$553,101,980
72$924,538,700$105,921,778$54,074,527$607,302,178
73$1,018,686,753$110,957,051$55,731,130$666,941,883
74$1,122,433,029$116,234,173$57,438,350$732,572,177
75$1,236,756,392$121,764,842$59,197,728$804,800,187
76$1,362,735,547$127,561,322$61,010,855$884,294,796
77$1,501,559,221$133,636,475$62,879,367$971,792,932
78$1,654,537,385$140,003,786$64,804,950$1,068,106,501
79$1,823,113,625$146,677,398$66,789,342$1,174,130,026
80$2,008,878,765$153,672,140$68,834,335$1,290,849,068
81$2,213,585,886$161,003,563$70,941,772$1,419,349,497
82$2,439,166,881$168,687,972$73,113,556$1,560,827,717
83$2,687,750,687$176,742,466$75,351,644$1,716,601,932
84$2,961,683,387$185,184,978$77,658,055$1,888,124,552
85$3,263,550,361$194,034,310$80,034,868$2,076,995,880
86$3,596,200,687$203,310,180$82,484,225$2,284,979,178
87$3,962,774,043$213,033,266$85,008,333$2,514,017,277
88$4,366,730,351$223,225,250$87,609,467$2,766,250,887
89$4,811,882,432$233,908,873$90,289,970$3,044,038,756
90$5,302,432,011$245,107,979$93,052,255$3,349,979,906
91$5,843,009,381$256,847,575$95,898,810$3,686,938,121
92$6,438,717,116$269,153,884$98,832,199$4,058,068,934
93$7,095,178,245$282,054,407$101,855,060$4,466,849,378
94$7,818,589,336$295,577,983$104,970,114$4,917,110,754
95$8,615,778,999$309,754,856$108,180,165$5,413,074,752
96$9,494,272,356$324,616,742$111,488,099$5,959,393,250
97$10,462,362,077$340,196,904$114,896,891$6,561,192,175
98$11,529,186,680$356,530,223$118,409,608$7,224,119,837
99$12,704,816,797$373,653,280$122,029,405$7,954,400,185
100$14,000,350,258$391,604,438$125,759,539$8,758,891,506