Can I retire at age 30 with 14,900,000?

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 $14,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$1,230,428$1,219,468$1,208,775$1,198,338$1,188,147$1,158,484
2 years$609,123$597,778$586,784$576,124$565,784$536,087
3 years$402,048$390,655$379,688$369,128$358,957$330,154
4 years$298,531$287,173$276,316$265,936$256,011$228,324
5 years$236,437$225,147$214,432$204,264$194,615$168,122
6 years$195,055$183,849$173,293$163,352$153,993$128,718
7 years$165,507$154,396$144,007$134,301$125,237$101,185
8 years$143,357$132,346$122,130$112,661$103,896$81,055
9 years$126,138$115,231$105,190$95,963$87,496$65,847
10 years$112,371$101,571$91,707$82,721$74,551$54,069
11 years$101,114$90,422$80,738$71,992$64,116$44,771
12 years$91,740$81,158$71,653$63,146$55,562$37,320
13 years$83,815$73,343$64,017$55,749$48,451$31,277
14 years$77,027$66,667$57,519$49,488$42,472$26,327
15 years$71,150$60,902$51,932$44,134$37,395$22,241
16 years$66,013$55,876$47,084$39,517$33,050$18,845
17 years$61,484$51,460$42,845$35,506$29,305$16,008
18 years$57,464$47,551$39,112$31,998$26,056$13,626
19 years$53,870$44,070$35,805$28,913$23,225$11,618
20 years$50,640$40,952$32,860$26,186$20,745$9,922
21 years$47,722$38,145$30,225$23,766$18,564$8,483
22 years$45,072$35,607$27,857$21,609$16,640$7,261
23 years$42,657$33,303$25,721$19,679$14,937$6,220
24 years$40,446$31,202$23,787$17,949$13,426$5,333
25 years$38,415$29,282$22,032$16,392$12,081$4,575
26 years$36,543$27,520$20,434$14,988$10,882$3,928
27 years$34,813$25,900$18,974$13,719$9,811$3,373
28 years$33,209$24,405$17,639$12,569$8,853$2,898
29 years$31,718$23,023$16,415$11,526$7,994$2,491
30 years$30,330$21,743$15,290$10,578$7,223$2,141
31 years$29,034$20,555$14,254$9,715$6,530$1,842
32 years$27,821$19,449$13,299$8,929$5,907$1,584
33 years$26,684$18,418$12,418$8,211$5,346$1,363
34 years$25,616$17,456$11,602$7,554$4,840$1,173
35 years$24,611$16,557$10,847$6,954$4,384$1,009
36 years$23,665$15,715$10,147$6,405$3,972$869
37 years$22,771$14,926$9,498$5,901$3,600$748
38 years$21,927$14,185$8,894$5,439$3,264$644
39 years$21,128$13,488$8,333$5,015$2,960$554
40 years$20,371$12,833$7,811$4,626$2,685$477
41 years$19,652$12,216$7,324$4,268$2,435$411
42 years$18,970$11,634$6,870$3,939$2,210$354
43 years$18,321$11,085$6,447$3,636$2,006$305
44 years$17,703$10,566$6,051$3,357$1,821$262
45 years$17,115$10,076$5,682$3,100$1,653$226
46 years$16,553$9,612$5,337$2,864$1,501$194
47 years$16,018$9,173$5,014$2,646$1,363$167
48 years$15,506$8,757$4,711$2,445$1,237$144
49 years$15,016$8,362$4,428$2,260$1,124$124
50 years$14,548$7,988$4,163$2,089$1,021$107

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $14,900,000, adding $6,312 every year, while hoping to spend $35,581 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: 74/15/11 Blend
29$14,900,000$14,900,000$14,900,000$14,900,000
30$16,426,311$15,636,611$15,405,661$17,606,578
31$18,063,937$16,364,947$15,883,893$19,114,839
32$19,867,408$17,127,779$16,376,953$20,761,722
33$21,853,603$17,926,759$16,885,300$22,565,042
34$24,041,121$18,763,621$17,409,408$24,540,292
35$26,450,457$19,640,181$17,949,765$26,704,528
36$29,104,196$20,558,341$18,506,874$29,076,523
37$32,027,223$21,520,099$19,081,254$31,676,945
38$35,246,962$22,527,547$19,673,438$34,528,547
39$38,793,634$23,582,878$20,283,980$37,656,380
40$42,700,537$24,688,392$20,913,446$41,088,027
41$47,004,368$25,846,499$21,562,423$44,853,859
42$51,745,564$27,059,728$22,231,514$48,987,317
43$56,968,684$28,330,727$22,921,342$53,525,227
44$62,722,833$29,662,276$23,632,550$58,508,143
45$69,062,119$31,057,285$24,365,798$63,980,723
46$76,046,172$32,518,809$25,121,770$69,992,151
47$83,740,700$34,050,049$25,901,167$76,596,595
48$92,218,111$35,654,360$26,704,715$83,853,713
49$101,558,197$37,335,263$27,533,162$91,829,214
50$111,848,888$39,096,445$28,387,278$100,595,469
51$123,187,080$40,941,776$29,267,857$110,232,195
52$135,679,549$42,875,311$30,175,718$120,827,198
53$149,443,964$44,901,302$31,111,705$132,477,197
54$164,609,989$47,024,206$32,076,688$145,288,735
55$181,320,515$49,248,700$33,071,564$159,379,172
56$199,733,005$51,579,683$34,097,259$174,877,793
57$220,020,979$54,022,295$35,154,724$191,927,017
58$242,375,656$56,581,925$36,244,944$210,683,739
59$267,007,754$59,264,221$37,368,932$231,320,801
60$294,149,485$62,075,107$38,527,731$254,028,616
61$324,056,741$65,020,796$39,722,418$279,016,961
62$357,011,513$68,107,799$40,954,103$306,516,944
63$393,324,553$71,342,947$42,223,931$336,783,183
64$433,338,305$74,733,400$43,533,082$370,096,194
65$477,430,142$78,286,666$44,882,770$406,765,038
66$526,015,923$82,010,619$46,274,249$447,130,222
67$579,553,923$85,913,516$47,708,812$491,566,905
68$638,549,157$90,004,011$49,187,791$540,488,430
69$703,558,148$94,291,185$50,712,559$594,350,217
70$775,194,180$98,784,554$52,284,531$653,654,045
71$854,133,091$103,494,101$53,905,167$718,952,783
72$941,119,647$108,430,293$55,575,971$790,855,592
73$1,036,974,579$113,604,105$57,298,493$870,033,664
74$1,142,602,326$119,027,047$59,074,334$957,226,545
75$1,258,999,579$124,711,188$60,905,139$1,053,249,103
76$1,387,264,684$130,669,184$62,792,609$1,158,999,202
77$1,528,608,015$136,914,307$64,738,494$1,275,466,166
78$1,684,363,398$143,460,474$66,744,600$1,403,740,100
79$1,856,000,708$150,322,281$68,812,788$1,545,022,164
80$2,045,139,740$157,515,032$70,944,975$1,700,635,895
81$2,253,565,501$165,054,776$73,143,140$1,872,039,684
82$2,483,245,068$172,958,346$75,409,321$2,060,840,521
83$2,736,346,151$181,243,391$77,745,619$2,268,809,148
84$3,015,257,563$189,928,421$80,154,201$2,497,896,752
85$3,322,611,767$199,032,847$82,637,300$2,750,253,366
86$3,661,309,735$208,577,024$85,197,218$3,028,248,136
87$4,034,548,331$218,582,301$87,836,327$3,334,491,671
88$4,445,850,490$229,071,064$90,557,074$3,671,860,657
89$4,899,098,485$240,066,790$93,361,980$4,043,524,989
90$5,398,570,568$251,594,101$96,253,645$4,452,977,669
91$5,948,981,372$263,678,818$99,234,748$4,904,067,751
92$6,555,526,411$276,348,019$102,308,050$5,401,036,649
93$7,223,931,135$289,630,102$105,476,400$5,948,558,148
94$7,960,504,983$303,554,849$108,742,732$6,551,782,487
95$8,772,200,950$318,153,495$112,110,072$7,216,384,955
96$9,666,681,225$333,458,795$115,581,538$7,948,619,424
97$10,652,389,536$349,505,102$119,160,345$8,755,377,354
98$11,738,630,859$366,328,442$122,849,808$9,644,252,817
99$12,935,659,272$383,966,601$126,653,341$10,623,614,140
100$14,254,774,756$402,459,203$130,574,467$11,702,682,869