Can I retire at age 30 with 15,700,000?

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 $15,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$1,296,491$1,284,943$1,273,676$1,262,678$1,251,940$1,245,617
2 years$641,827$629,874$618,289$607,057$596,162$589,781
3 years$423,635$411,630$400,074$388,947$378,230$371,988
4 years$314,560$302,591$291,151$280,215$269,757$263,702
5 years$249,132$237,235$225,945$215,232$205,065$199,215
6 years$205,527$193,720$182,598$172,122$162,261$156,624
7 years$174,394$162,686$151,739$141,511$131,961$126,540
8 years$151,054$139,452$128,687$118,710$109,475$104,270
9 years$132,910$121,418$110,838$101,115$92,194$87,203
10 years$118,404$107,024$96,631$87,162$78,553$73,775
11 years$106,543$95,277$85,073$75,857$67,559$62,990
12 years$96,666$85,516$75,500$66,537$58,545$54,182
13 years$88,315$77,281$67,454$58,742$51,052$46,890
14 years$81,163$70,247$60,608$52,145$44,752$40,787
15 years$74,970$64,171$54,721$46,504$39,403$35,630
16 years$69,557$58,876$49,612$41,639$34,825$31,237
17 years$64,785$54,223$45,145$37,412$30,878$27,472
18 years$60,549$50,104$41,212$33,716$27,455$24,224
19 years$56,763$46,436$37,727$30,465$24,472$21,410
20 years$53,359$43,151$34,624$27,592$21,858$18,961
21 years$50,284$40,193$31,848$25,042$19,561$16,821
22 years$47,492$37,519$29,353$22,769$17,533$14,945
23 years$44,947$35,091$27,102$20,736$15,739$13,296
24 years$42,617$32,878$25,065$18,912$14,147$11,843
25 years$40,477$30,854$23,215$17,272$12,730$10,560
26 years$38,505$28,998$21,531$15,792$11,467$9,425
27 years$36,682$27,290$19,993$14,455$10,338$8,418
28 years$34,992$25,716$18,586$13,244$9,328$7,525
29 years$33,421$24,260$17,296$12,145$8,423$6,730
30 years$31,958$22,911$16,111$11,146$7,611$6,023
31 years$30,592$21,658$15,019$10,237$6,881$5,393
32 years$29,314$20,493$14,013$9,408$6,224$4,831
33 years$28,116$19,407$13,084$8,651$5,633$4,329
34 years$26,991$18,394$12,225$7,960$5,100$3,881
35 years$25,933$17,446$11,430$7,328$4,619$3,480
36 years$24,935$16,559$10,692$6,749$4,185$3,122
37 years$23,994$15,727$10,008$6,218$3,793$2,801
38 years$23,104$14,946$9,372$5,731$3,439$2,514
39 years$22,262$14,213$8,780$5,284$3,119$2,257
40 years$21,464$13,522$8,230$4,874$2,829$2,026
41 years$20,707$12,872$7,717$4,497$2,566$1,819
42 years$19,988$12,259$7,239$4,150$2,329$1,634
43 years$19,305$11,680$6,793$3,831$2,113$1,468
44 years$18,654$11,133$6,376$3,537$1,918$1,318
45 years$18,034$10,617$5,987$3,267$1,741$1,185
46 years$17,442$10,128$5,623$3,018$1,581$1,064
47 years$16,878$9,665$5,283$2,788$1,436$956
48 years$16,338$9,227$4,964$2,576$1,304$859
49 years$15,822$8,811$4,666$2,381$1,184$772
50 years$15,329$8,417$4,387$2,201$1,076$694

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $15,700,000, adding $2,293 every year, while hoping to spend $21,372 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: 68/14/18 Blend
29$15,700,000$15,700,000$15,700,000$15,700,000
30$17,303,765$16,471,665$16,228,315$18,404,537
31$19,046,010$17,256,037$16,749,224$19,924,268
32$20,965,247$18,078,127$17,286,867$21,583,276
33$23,079,507$18,939,760$17,841,782$23,397,449
34$25,408,660$19,842,852$18,414,525$25,382,061
35$27,974,600$20,789,408$19,005,669$27,553,921
36$30,801,455$21,781,535$19,615,805$29,931,527
37$33,915,813$22,821,440$20,245,544$32,535,242
38$37,346,973$23,911,438$20,895,516$35,387,478
39$41,127,221$25,053,955$21,566,373$38,512,907
40$45,292,136$26,251,537$22,258,785$41,938,690
41$49,880,926$27,506,855$22,973,446$45,694,728
42$54,936,796$28,822,706$23,711,072$49,813,941
43$60,507,356$30,202,026$24,472,400$54,332,576
44$66,645,075$31,647,893$25,258,194$59,290,544
45$73,407,769$33,163,536$26,069,240$64,731,791
46$80,859,152$34,752,340$26,906,350$70,704,709
47$89,069,435$36,417,855$27,770,362$77,262,591
48$98,115,991$38,163,803$28,662,143$84,464,122
49$108,084,082$39,994,089$29,582,584$92,373,936
50$119,067,666$41,912,808$30,532,609$101,063,214
51$131,170,285$43,924,252$31,513,168$110,610,353
52$144,506,039$46,032,925$32,525,244$121,101,699
53$159,200,666$48,243,549$33,569,851$132,632,358
54$175,392,728$50,561,077$34,648,035$145,307,085
55$193,234,918$52,990,702$35,760,876$159,241,265
56$212,895,504$55,537,870$36,909,489$174,562,000
57$234,559,914$58,208,295$38,095,026$191,409,294
58$258,432,490$61,007,966$39,318,674$209,937,374
59$284,738,413$63,943,166$40,581,659$230,316,134
60$313,725,834$67,020,484$41,885,247$252,732,729
61$345,668,211$70,246,829$43,230,745$277,393,338
62$380,866,894$73,629,449$44,619,501$304,525,094
63$419,653,969$77,175,945$46,052,906$334,378,226
64$462,395,394$80,894,286$47,532,398$367,228,404
65$509,494,451$84,792,832$49,059,460$403,379,337
66$561,395,555$88,880,351$50,635,622$443,165,624
67$618,588,451$93,166,038$52,262,465$486,955,904
68$681,612,834$97,659,535$53,941,619$535,156,325
69$751,063,449$102,370,958$55,674,768$588,214,360
70$827,595,698$107,310,912$57,463,651$646,623,025
71$911,931,835$112,490,523$59,310,059$710,925,516
72$1,004,867,782$117,921,458$61,215,846$781,720,321
73$1,107,280,641$123,615,955$63,182,922$859,666,860
74$1,220,136,977$129,586,847$65,213,260$945,491,689
75$1,344,501,940$135,847,594$67,308,896$1,039,995,346
76$1,481,549,326$142,412,314$69,471,932$1,144,059,891
77$1,632,572,653$149,295,814$71,704,538$1,258,657,211
78$1,798,997,377$156,513,621$74,008,952$1,384,858,185
79$1,982,394,345$164,082,024$76,387,488$1,523,842,765
80$2,184,494,630$172,018,105$78,842,531$1,676,911,100
81$2,407,205,870$180,339,780$81,376,543$1,845,495,787
82$2,652,630,279$189,065,839$83,992,067$2,031,175,375
83$2,923,084,494$198,215,992$86,691,728$2,235,689,242
84$3,221,121,446$207,810,909$89,478,235$2,460,953,991
85$3,549,554,460$217,872,271$92,354,383$2,709,081,521
86$3,911,483,819$228,422,816$95,323,058$2,982,398,935
87$4,310,326,028$239,486,394$98,387,241$3,283,470,485
88$4,749,846,075$251,088,019$101,550,005$3,615,121,745
89$5,234,192,971$263,253,928$104,814,527$3,980,466,265
90$5,767,938,922$276,011,639$108,184,081$4,382,934,922
91$6,356,122,495$289,390,012$111,662,051$4,826,308,286
92$7,004,296,188$303,419,321$115,251,928$5,314,752,273
93$7,718,578,847$318,131,316$118,957,315$5,852,857,433
94$8,505,713,437$333,559,298$122,781,933$6,445,682,260
95$9,373,130,702$349,738,197$126,729,622$7,098,800,899
96$10,329,019,314$366,704,649$130,804,344$7,818,355,732
97$11,382,403,186$384,497,080$135,010,193$8,611,115,323
98$12,543,226,667$403,155,792$139,351,390$9,484,538,274
99$13,822,448,420$422,723,060$143,832,295$10,446,843,590
100$15,232,144,891$443,243,221$148,457,408$11,507,088,223