Can I retire at age 30 with 16,600,000?

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 $16,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$1,370,812$1,358,602$1,346,689$1,335,061$1,323,707$1,277,758
2 years$678,620$665,981$653,733$641,856$630,337$584,519
3 years$447,919$435,226$423,008$411,244$399,912$355,664
4 years$332,592$319,937$307,842$296,278$285,220$242,882
5 years$263,413$250,835$238,898$227,570$216,820$176,502
6 years$217,309$204,825$193,065$181,989$171,562$133,296
7 years$184,391$172,012$160,438$149,624$139,526$103,305
8 years$159,713$147,446$136,064$125,515$115,750$81,545
9 years$140,529$128,378$117,192$106,911$97,479$65,245
10 years$125,192$113,159$102,171$92,159$83,057$52,742
11 years$112,651$100,739$89,949$80,206$71,431$42,975
12 years$102,207$90,418$79,828$70,351$61,901$35,236
13 years$93,377$81,711$71,321$62,109$53,979$29,035
14 years$85,816$74,273$64,082$55,134$47,318$24,021
15 years$79,268$67,850$57,857$49,170$41,662$19,938
16 years$73,544$62,251$52,456$44,026$36,821$16,593
17 years$68,499$57,331$47,733$39,557$32,648$13,839
18 years$64,020$52,976$43,574$35,649$29,029$11,563
19 years$60,017$49,098$39,890$32,212$25,874$9,676
20 years$56,418$45,624$36,609$29,174$23,111$8,107
21 years$53,167$42,497$33,673$26,477$20,682$6,799
22 years$50,215$39,670$31,035$24,074$18,539$5,707
23 years$47,523$37,102$28,656$21,925$16,641$4,794
24 years$45,060$34,762$26,501$19,996$14,958$4,029
25 years$42,797$32,623$24,546$18,262$13,460$3,388
26 years$40,712$30,660$22,765$16,698$12,124$2,851
27 years$38,785$28,855$21,139$15,284$10,931$2,399
28 years$36,998$27,190$19,652$14,003$9,863$2,020
29 years$35,337$25,650$18,288$12,841$8,906$1,701
30 years$33,790$24,224$17,034$11,785$8,047$1,432
31 years$32,346$22,900$15,880$10,824$7,275$1,207
32 years$30,995$21,668$14,817$9,947$6,581$1,016
33 years$29,728$20,520$13,834$9,147$5,956$857
34 years$28,538$19,448$12,926$8,416$5,392$722
35 years$27,419$18,446$12,085$7,748$4,884$608
36 years$26,365$17,508$11,305$7,135$4,425$513
37 years$25,369$16,629$10,582$6,574$4,011$432
38 years$24,429$15,803$9,909$6,060$3,636$364
39 years$23,538$15,027$9,284$5,587$3,297$307
40 years$22,695$14,297$8,702$5,154$2,991$259
41 years$21,894$13,610$8,159$4,755$2,713$218
42 years$21,134$12,961$7,654$4,388$2,462$184
43 years$20,411$12,350$7,182$4,051$2,234$155
44 years$19,723$11,772$6,742$3,740$2,028$131
45 years$19,067$11,225$6,330$3,454$1,841$110
46 years$18,442$10,709$5,945$3,191$1,672$93
47 years$17,845$10,219$5,586$2,948$1,518$78
48 years$17,275$9,756$5,249$2,724$1,379$66
49 years$16,729$9,316$4,934$2,517$1,252$56
50 years$16,207$8,899$4,638$2,327$1,137$47

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $16,600,000, adding $4,522 every year, while hoping to spend $39,099 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: 47/31/22 Blend
29$16,600,000$16,600,000$16,600,000$16,600,000
30$18,297,864$17,418,064$17,160,764$19,042,890
31$20,122,646$18,229,949$17,694,049$20,376,549
32$22,132,244$19,080,305$18,243,888$21,819,037
33$24,345,470$19,970,976$18,810,795$23,383,985
34$26,783,050$20,903,897$19,395,299$25,082,879
35$29,467,826$21,881,092$19,997,946$26,928,331
36$32,424,965$22,904,686$20,619,298$28,934,196
37$35,682,202$23,976,906$21,259,935$31,115,694
38$39,270,098$25,100,087$21,920,455$33,489,550
39$43,222,332$26,276,675$22,601,475$36,074,143
40$47,576,015$27,509,237$23,303,628$38,889,673
41$52,372,040$28,800,462$24,027,572$41,958,345
42$57,655,473$30,153,169$24,773,981$45,304,570
43$63,475,974$31,570,317$25,543,551$48,955,190
44$69,888,264$33,055,003$26,337,001$52,939,717
45$76,952,646$34,610,478$27,155,070$57,290,611
46$84,735,573$36,240,148$27,998,522$62,043,570
47$93,310,271$37,947,585$28,868,142$67,237,864
48$102,757,436$39,736,534$29,764,742$72,916,688
49$113,165,992$41,610,921$30,689,158$79,127,569
50$124,633,931$43,574,864$31,642,252$85,922,794
51$137,269,236$45,632,677$32,624,913$93,359,898
52$151,190,907$47,788,886$33,638,056$101,502,196
53$166,530,074$50,048,237$34,682,625$110,419,364
54$183,431,244$52,415,703$35,759,596$120,188,085
55$202,053,659$54,896,500$36,869,970$130,892,764
56$222,572,801$57,496,098$38,014,783$142,626,302
57$245,182,051$60,220,231$39,195,102$155,490,968
58$270,094,509$63,074,911$40,412,027$169,599,339
59$297,545,010$66,066,443$41,666,692$185,075,354
60$327,792,340$69,201,437$42,960,264$202,055,465
61$361,121,676$72,486,825$44,293,951$220,689,903
62$397,847,281$75,929,874$45,668,993$241,144,086
63$438,315,471$79,538,205$47,086,671$263,600,153
64$482,907,881$83,319,809$48,548,307$288,258,667
65$532,045,071$87,283,065$50,055,260$315,340,487
66$586,190,491$91,436,759$51,608,935$345,088,830
67$645,854,865$95,790,103$53,210,778$377,771,545
68$711,601,003$100,352,760$54,862,280$413,683,614
69$784,049,118$105,134,858$56,564,980$453,149,915
70$863,882,683$110,147,021$58,320,461$496,528,261
71$951,854,878$115,400,387$60,130,359$544,212,748
72$1,048,795,707$120,906,637$61,996,357$596,637,450
73$1,155,619,827$126,678,020$63,920,192$654,280,482
74$1,273,335,186$132,727,379$65,903,656$717,668,486
75$1,403,052,539$139,068,185$67,948,592$787,381,566
76$1,545,995,933$145,714,561$70,056,905$864,058,731
77$1,703,514,262$152,681,318$72,230,555$948,403,890
78$1,877,094,003$159,983,989$74,471,564$1,041,192,460
79$2,068,373,248$167,638,861$76,782,019$1,143,278,645
80$2,279,157,169$175,663,015$79,164,066$1,255,603,459
81$2,511,435,060$184,074,363$81,619,923$1,379,203,567
82$2,767,399,118$192,891,689$84,151,872$1,515,221,022
83$3,049,465,137$202,134,690$86,762,268$1,664,914,003
84$3,360,295,316$211,824,025$89,453,539$1,829,668,638
85$3,702,823,392$221,981,357$92,228,187$2,011,012,042
86$4,080,282,338$232,629,403$95,088,791$2,210,626,675
87$4,496,234,881$243,791,988$98,038,010$2,430,366,169
88$4,954,607,142$255,494,099$101,078,587$2,672,272,768
89$5,459,725,697$267,761,936$104,213,346$2,938,596,542
90$6,016,358,426$280,622,979$107,445,201$3,231,816,565
91$6,629,759,526$294,106,045$110,777,156$3,554,664,252
92$7,305,719,113$308,241,357$114,212,306$3,910,149,066
93$8,050,617,888$323,060,609$117,753,843$4,301,586,862
94$8,871,487,374$338,597,040$121,405,058$4,732,631,104
95$9,776,076,300$354,885,509$125,169,342$5,207,307,277
96$10,772,923,760$371,962,576$129,050,192$5,730,050,803
97$11,871,439,822$389,866,581$133,051,212$6,305,748,821
98$13,081,994,374$408,637,734$137,176,118$6,939,786,233
99$14,416,015,023$428,318,206$141,428,741$7,638,096,437
100$15,886,094,981$448,952,223$145,813,029$8,407,217,243