Can I retire at age 30 with 16,300,000?

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 $16,300,000?

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$1,346,039$1,334,049$1,322,351$1,310,934$1,299,785$1,291,052
2 years$666,356$653,946$641,918$630,257$618,945$610,138
3 years$439,824$427,361$415,363$403,811$392,684$384,075
4 years$326,581$314,155$302,278$290,923$280,066$271,721
5 years$258,653$246,302$234,580$223,457$212,901$204,846
6 years$213,382$201,124$189,576$178,700$168,462$160,706
7 years$181,058$168,903$157,538$146,919$137,004$129,552
8 years$156,827$144,781$133,605$123,247$113,658$106,509
9 years$137,990$126,058$115,074$104,979$95,717$88,869
10 years$122,929$111,114$100,324$90,493$81,556$75,005
11 years$110,615$98,918$88,324$78,756$70,140$63,883
12 years$100,360$88,784$78,385$69,080$60,782$54,813
13 years$91,690$80,235$70,032$60,987$53,003$47,315
14 years$84,265$72,931$62,924$54,137$46,462$41,049
15 years$77,835$66,624$56,812$48,281$40,909$35,764
16 years$72,215$61,126$51,508$43,230$36,156$31,270
17 years$67,261$56,295$46,870$38,842$32,058$27,425
18 years$62,863$52,019$42,787$35,005$28,505$24,115
19 years$58,932$48,211$39,169$31,630$25,407$21,253
20 years$55,399$44,800$35,948$28,647$22,694$18,767
21 years$52,206$41,729$33,065$25,999$20,308$16,600
22 years$49,307$38,953$30,474$23,639$18,204$14,705
23 years$46,665$36,432$28,138$21,528$16,341$13,043
24 years$44,246$34,134$26,023$19,635$14,687$11,583
25 years$42,024$32,033$24,102$17,932$13,216$10,296
26 years$39,976$30,106$22,353$16,396$11,905$9,160
27 years$38,084$28,333$20,757$15,008$10,733$8,156
28 years$36,329$26,698$19,296$13,750$9,685$7,267
29 years$34,699$25,187$17,957$12,609$8,745$6,479
30 years$33,180$23,786$16,726$11,572$7,902$5,780
31 years$31,762$22,486$15,593$10,628$7,144$5,158
32 years$30,435$21,276$14,549$9,768$6,462$4,606
33 years$29,191$20,149$13,584$8,982$5,848$4,114
34 years$28,023$19,097$12,692$8,264$5,295$3,676
35 years$26,924$18,113$11,867$7,608$4,796$3,285
36 years$25,888$17,192$11,101$7,007$4,345$2,937
37 years$24,911$16,328$10,390$6,456$3,938$2,626
38 years$23,987$15,518$9,730$5,950$3,570$2,349
39 years$23,113$14,756$9,116$5,486$3,238$2,102
40 years$22,285$14,039$8,544$5,060$2,937$1,880
41 years$21,499$13,364$8,012$4,669$2,664$1,683
42 years$20,752$12,727$7,515$4,309$2,418$1,506
43 years$20,042$12,126$7,052$3,978$2,194$1,348
44 years$19,367$11,559$6,620$3,673$1,992$1,207
45 years$18,723$11,023$6,216$3,392$1,808$1,081
46 years$18,109$10,515$5,838$3,133$1,642$967
47 years$17,523$10,035$5,485$2,895$1,491$866
48 years$16,963$9,579$5,154$2,675$1,354$776
49 years$16,427$9,148$4,845$2,472$1,229$695
50 years$15,914$8,738$4,555$2,285$1,117$622

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $16,300,000, adding $3,530 every year, while hoping to spend $55,357 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: 66/16/18 Blend
29$16,300,000$16,300,000$16,300,000$16,300,000
30$17,966,241$17,102,341$16,849,691$19,071,916
31$19,739,898$17,881,456$17,355,256$20,591,827
32$21,692,613$18,696,893$17,875,903$22,245,945
33$23,842,591$19,550,372$18,412,077$24,052,815
34$26,209,893$20,443,698$18,964,239$26,027,415
35$28,816,623$21,378,760$19,532,862$28,186,230
36$31,687,140$22,357,540$20,118,434$30,547,396
37$34,848,282$23,382,114$20,721,456$33,130,879
38$38,329,626$24,454,657$21,342,444$35,958,650
39$42,163,763$25,577,450$21,981,930$39,054,894
40$46,386,603$26,752,881$22,640,461$42,446,234
41$51,037,720$27,983,456$23,318,600$46,161,978
42$56,160,721$29,271,799$24,016,927$50,234,390
43$61,803,659$30,620,662$24,736,038$54,698,992
44$68,019,484$32,032,926$25,476,548$59,594,897
45$74,866,548$33,511,615$26,239,088$64,965,167
46$82,409,147$35,059,896$27,024,309$70,857,221
47$90,718,137$36,681,088$27,832,881$77,323,275
48$99,871,597$38,378,671$28,665,492$84,420,829
49$109,955,566$40,156,292$29,522,852$92,213,208
50$121,064,858$42,017,775$30,405,692$100,770,147
51$133,303,953$43,967,125$31,314,762$110,168,450
52$146,787,986$46,008,544$32,250,836$120,492,707
53$161,643,831$48,146,434$33,214,710$131,836,082
54$178,011,302$50,385,409$34,207,203$144,301,192
55$196,044,469$52,730,308$35,229,158$158,001,065
56$215,913,113$55,186,202$36,281,444$173,060,198
57$237,804,331$57,758,405$37,364,952$189,615,729
58$261,924,297$60,452,492$38,480,602$207,818,720
59$288,500,213$63,274,302$39,629,340$227,835,576
60$317,782,451$66,229,959$40,812,140$249,849,606
61$350,046,917$69,325,883$42,030,002$274,062,747
62$385,597,655$72,568,803$43,283,959$300,697,456
63$424,769,714$75,965,773$44,575,071$329,998,806
64$467,932,319$79,524,190$45,904,429$362,236,783
65$515,492,346$83,251,806$47,273,158$397,708,829
66$567,898,170$87,156,749$48,682,414$436,742,635
67$625,643,895$91,247,542$50,133,386$479,699,224
68$689,274,018$95,533,116$51,627,300$526,976,348
69$759,388,567$100,022,839$53,165,414$579,012,228
70$836,648,772$104,726,529$54,749,027$636,289,676
71$921,783,299$109,654,481$56,379,471$699,340,644
72$1,015,595,132$114,817,487$58,058,120$768,751,226
73$1,118,969,156$120,226,864$59,786,387$845,167,177
74$1,232,880,504$125,894,475$61,565,726$929,299,996
75$1,358,403,770$131,832,759$63,397,632$1,021,933,620
76$1,496,723,147$138,054,756$65,283,645$1,123,931,813
77$1,649,143,609$144,574,140$67,225,348$1,236,246,300
78$1,817,103,231$151,405,247$69,224,371$1,359,925,731
79$2,002,186,764$158,563,108$71,282,391$1,496,125,563
80$2,206,140,597$166,063,483$73,401,134$1,646,118,944
81$2,430,889,240$173,922,895$75,582,374$1,811,308,716
82$2,678,553,497$182,158,672$77,827,938$1,993,240,628
83$2,951,470,485$190,788,978$80,139,706$2,193,617,914
84$3,252,215,699$199,832,863$82,519,610$2,414,317,337
85$3,583,627,324$209,310,297$84,969,641$2,657,406,892
86$3,948,833,032$219,242,222$87,491,845$2,925,165,291
87$4,351,279,507$229,650,597$90,088,328$3,220,103,457
88$4,794,764,987$240,558,446$92,761,257$3,544,988,189
89$5,283,475,116$251,989,911$95,512,860$3,902,868,261
90$5,822,022,469$263,970,308$98,345,431$4,297,103,165
91$6,415,490,087$276,526,179$101,261,330$4,731,394,794
92$7,069,479,474$289,685,360$104,262,982$5,209,822,358
93$7,790,163,475$303,477,037$107,352,887$5,736,880,854
94$8,584,344,552$317,931,815$110,533,611$6,317,523,465
95$9,459,519,008$333,081,785$113,807,798$6,957,208,282
96$10,423,947,754$348,960,600$117,178,167$7,661,949,784
97$11,486,734,304$365,603,548$120,647,515$8,438,375,583
98$12,657,910,714$383,047,633$124,218,717$9,293,788,942
99$13,948,532,297$401,331,658$127,894,735$10,236,237,676
100$15,370,781,995$420,496,312$131,678,612$11,274,590,077