Can I retire at age 30 with 16,200,000?

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 $16,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$1,337,781$1,325,865$1,314,239$1,302,891$1,291,811$1,259,049
2 years$662,268$649,934$637,980$626,390$615,148$582,354
3 years$437,126$424,739$412,815$401,334$390,275$358,474
4 years$324,577$312,228$300,424$289,139$278,348$247,784
5 years$257,066$244,791$233,141$222,086$211,595$182,355
6 years$212,073$199,890$188,413$177,604$167,428$139,539
7 years$179,948$167,867$156,572$146,018$136,164$109,629
8 years$155,865$143,893$132,785$122,491$112,961$87,768
9 years$137,143$125,285$114,368$104,335$95,130$71,257
10 years$122,175$110,433$99,709$89,938$81,055$58,475
11 years$109,936$98,312$87,782$78,273$69,710$48,389
12 years$99,744$88,239$77,904$68,656$60,409$40,309
13 years$91,127$79,742$69,602$60,613$52,678$33,759
14 years$83,748$72,484$62,538$53,805$46,177$28,398
15 years$77,358$66,215$56,463$47,985$40,658$23,973
16 years$71,772$60,751$51,192$42,965$35,934$20,298
17 years$66,849$55,950$46,583$38,604$31,861$17,229
18 years$62,477$51,700$42,524$34,790$28,330$14,655
19 years$58,570$47,915$38,929$31,436$25,251$12,487
20 years$55,059$44,525$35,727$28,471$22,555$10,655
21 years$51,886$41,473$32,862$25,839$20,184$9,103
22 years$49,005$38,714$30,287$23,494$18,092$7,786
23 years$46,378$36,208$27,965$21,396$16,240$6,665
24 years$43,974$33,925$25,863$19,515$14,597$5,710
25 years$41,766$31,837$23,954$17,822$13,135$4,894
26 years$39,731$29,921$22,216$16,295$11,832$4,198
27 years$37,850$28,159$20,630$14,916$10,667$3,602
28 years$36,106$26,534$19,178$13,666$9,625$3,093
29 years$34,486$25,032$17,847$12,532$8,691$2,656
30 years$32,976$23,640$16,624$11,501$7,853$2,281
31 years$31,567$22,348$15,498$10,563$7,100$1,960
32 years$30,248$21,146$14,460$9,708$6,423$1,685
33 years$29,012$20,025$13,501$8,927$5,812$1,448
34 years$27,851$18,979$12,615$8,214$5,262$1,245
35 years$26,759$18,002$11,794$7,561$4,766$1,071
36 years$25,729$17,086$11,033$6,964$4,319$921
37 years$24,758$16,228$10,327$6,416$3,914$792
38 years$23,840$15,422$9,670$5,914$3,549$681
39 years$22,971$14,665$9,060$5,453$3,218$586
40 years$22,148$13,953$8,492$5,029$2,919$504
41 years$21,367$13,282$7,963$4,640$2,648$434
42 years$20,625$12,649$7,469$4,282$2,403$373
43 years$19,919$12,052$7,009$3,953$2,181$321
44 years$19,248$11,488$6,579$3,650$1,979$276
45 years$18,608$10,955$6,178$3,371$1,797$238
46 years$17,998$10,451$5,802$3,114$1,631$204
47 years$17,415$9,973$5,451$2,877$1,481$176
48 years$16,858$9,521$5,122$2,658$1,345$151
49 years$16,326$9,092$4,815$2,457$1,222$130
50 years$15,817$8,685$4,527$2,271$1,110$112

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $16,200,000, adding $5,822 every year, while hoping to spend $46,790 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: 85/6/9 Blend
29$16,200,000$16,200,000$16,200,000$16,200,000
30$17,858,405$16,999,805$16,748,705$19,355,260
31$19,630,179$17,783,012$17,260,003$21,116,903
32$21,581,104$18,603,027$17,786,861$23,045,098
33$23,729,407$19,461,605$18,329,750$25,162,099
34$26,095,168$20,360,585$18,889,158$27,486,877
35$28,700,515$21,301,894$19,465,586$30,040,327
36$31,569,833$22,287,552$20,059,548$32,845,466
37$34,729,990$23,319,676$20,671,576$35,927,645
38$38,210,593$24,400,485$21,302,219$39,314,787
39$42,044,270$25,532,305$21,952,040$43,037,652
40$46,266,973$26,717,574$22,621,619$47,130,125
41$50,918,317$27,958,849$23,311,557$51,629,532
42$56,041,961$29,258,808$24,022,469$56,576,992
43$61,686,010$30,620,258$24,754,991$62,017,802
44$67,903,477$32,046,145$25,509,777$68,001,866
45$74,752,778$33,539,553$26,287,502$74,584,160
46$82,298,288$35,103,717$27,088,859$81,825,250
47$90,610,942$36,742,029$27,914,565$89,791,863
48$99,768,911$38,458,041$28,765,356$98,557,513
49$109,858,337$40,255,482$29,641,992$108,203,195
50$120,974,143$42,138,256$30,545,255$118,818,144
51$133,220,934$44,110,459$31,475,949$130,500,674
52$146,713,982$46,176,384$32,434,906$143,359,109
53$161,580,313$48,340,532$33,422,981$157,512,797
54$177,959,907$50,607,620$34,441,053$173,093,237
55$196,007,020$52,982,596$35,490,030$190,245,315
56$215,891,637$55,470,644$36,570,847$209,128,672
57$237,801,080$58,077,201$37,684,466$229,919,202
58$261,941,773$60,807,967$38,831,879$252,810,716
59$288,541,194$63,668,918$40,014,107$278,016,763
60$317,850,019$66,666,318$41,232,203$305,772,643
61$350,144,489$69,806,736$42,487,250$336,337,627
62$385,729,019$73,097,058$43,780,365$369,997,396
63$424,939,070$76,544,504$45,112,698$407,066,740
64$468,144,315$80,156,645$46,485,433$447,892,518
65$515,752,130$83,941,416$47,899,790$492,856,933
66$568,211,442$87,907,140$49,357,027$542,381,135
67$626,016,960$92,062,540$50,858,439$596,929,188
68$689,713,851$96,416,766$52,405,358$657,012,452
69$759,902,885$100,979,409$53,999,158$723,194,397
70$837,246,104$105,760,524$55,641,255$796,095,926
71$922,473,075$110,770,658$57,333,105$876,401,222
72$1,016,387,774$116,020,867$59,076,211$964,864,207
73$1,119,876,181$121,522,743$60,872,117$1,062,315,649
74$1,233,914,635$127,288,441$62,722,417$1,169,671,003
75$1,359,579,061$133,330,708$64,628,751$1,287,939,040
76$1,498,055,121$139,662,908$66,592,809$1,418,231,369
77$1,650,649,406$146,299,053$68,616,332$1,561,772,920
78$1,818,801,778$153,253,839$70,701,111$1,719,913,502
79$2,004,098,954$160,542,673$72,848,993$1,894,140,536
80$2,208,289,494$168,181,710$75,061,881$2,086,093,091
81$2,433,300,301$176,187,892$77,341,732$2,297,577,347
82$2,681,254,816$184,578,983$79,690,565$2,530,583,639
83$2,954,493,065$193,373,612$82,110,457$2,787,305,233
84$3,255,593,749$202,591,310$84,603,548$3,070,159,030
85$3,587,398,588$212,252,560$87,172,044$3,381,808,362
86$3,953,039,150$222,378,842$89,818,213$3,725,188,133
87$4,355,966,416$232,992,677$92,544,396$4,103,532,514
88$4,799,983,356$244,117,685$95,352,999$4,520,405,457
89$5,289,280,838$255,778,631$98,246,504$4,979,734,340
90$5,828,477,188$268,001,488$101,227,466$5,485,847,019
91$6,422,661,791$280,813,491$104,298,516$6,043,512,683
92$7,077,443,141$294,243,199$107,462,364$6,657,986,859
93$7,799,001,789$308,320,564$110,721,801$7,335,061,014
94$8,594,148,691$323,076,991$114,079,701$8,081,117,216
95$9,470,389,513$338,545,419$117,539,026$8,903,188,371
96$10,435,995,484$354,760,386$121,102,825$9,809,024,599
97$11,500,081,491$371,758,112$124,774,237$10,807,166,386
98$12,672,692,127$389,576,583$128,556,497$11,907,025,195
99$13,964,896,520$408,255,632$132,452,936$13,118,972,297
100$15,388,892,841$427,837,033$136,466,985$14,454,436,668