Can I retire at age 30 with 16,700,000?

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 $16,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$1,379,070$1,366,786$1,354,802$1,343,104$1,331,681$1,311,781
2 years$682,708$669,993$657,671$645,723$634,134$614,130
3 years$450,618$437,848$425,556$413,721$402,321$382,835
4 years$334,595$321,865$309,696$298,063$286,938$268,121
5 years$265,000$252,346$240,337$228,941$218,126$200,031
6 years$218,618$206,059$194,228$183,086$172,596$155,245
7 years$185,501$173,048$161,404$150,525$140,367$123,766
8 years$160,675$148,334$136,884$126,272$116,448$100,594
9 years$141,376$129,152$117,898$107,555$98,066$82,951
10 years$125,946$113,841$102,786$92,714$83,557$69,170
11 years$113,329$101,346$90,491$80,689$71,862$58,188
12 years$102,823$90,963$80,309$70,775$62,274$49,297
13 years$93,940$82,204$71,750$62,484$54,304$42,006
14 years$86,333$74,721$64,468$55,466$47,603$35,963
15 years$79,745$68,259$58,206$49,466$41,913$30,912
16 years$73,987$62,626$52,772$44,291$37,043$26,658
17 years$68,912$57,676$48,021$39,795$32,845$23,054
18 years$64,405$53,296$43,837$35,864$29,204$19,985
19 years$60,378$49,394$40,130$32,406$26,030$17,360
20 years$56,758$45,899$36,830$29,350$23,251$15,105
21 years$53,487$42,753$33,876$26,637$20,807$13,164
22 years$50,517$39,909$31,222$24,219$18,650$11,486
23 years$47,810$37,326$28,828$22,057$16,742$10,034
24 years$45,332$34,972$26,661$20,117$15,048$8,773
25 years$43,055$32,819$24,694$18,372$13,541$7,678
26 years$40,957$30,845$22,902$16,798$12,197$6,724
27 years$39,018$29,029$21,267$15,376$10,997$5,892
28 years$37,221$27,353$19,770$14,088$9,922$5,167
29 years$35,550$25,805$18,398$12,919$8,960$4,532
30 years$33,994$24,370$17,137$11,856$8,096$3,978
31 years$32,541$23,038$15,976$10,889$7,319$3,492
32 years$31,182$21,798$14,906$10,007$6,621$3,067
33 years$29,907$20,643$13,918$9,202$5,992$2,694
34 years$28,710$19,565$13,004$8,467$5,425$2,367
35 years$27,584$18,557$12,158$7,794$4,914$2,081
36 years$26,523$17,614$11,373$7,178$4,452$1,829
37 years$25,522$16,729$10,645$6,614$4,035$1,608
38 years$24,576$15,898$9,969$6,096$3,658$1,414
39 years$23,680$15,118$9,340$5,621$3,317$1,244
40 years$22,832$14,383$8,754$5,185$3,009$1,094
41 years$22,026$13,692$8,209$4,783$2,730$962
42 years$21,262$13,039$7,700$4,415$2,477$846
43 years$20,534$12,424$7,225$4,075$2,248$745
44 years$19,842$11,843$6,782$3,763$2,040$655
45 years$19,182$11,293$6,368$3,475$1,852$576
46 years$18,553$10,773$5,981$3,210$1,682$507
47 years$17,953$10,281$5,619$2,966$1,527$446
48 years$17,379$9,814$5,281$2,740$1,387$393
49 years$16,830$9,372$4,963$2,533$1,260$346
50 years$16,305$8,953$4,666$2,341$1,144$304

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $16,700,000, adding $2,451 every year, while hoping to spend $54,829 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: 53/27/20 Blend
29$16,700,000$16,700,000$16,700,000$16,700,000
30$18,405,928$17,520,828$17,261,978$19,280,454
31$20,224,995$18,321,011$17,781,917$20,681,509
32$22,227,770$19,158,565$18,317,436$22,199,298
33$24,432,931$20,035,264$18,868,999$23,849,700
34$26,861,064$20,952,966$19,437,085$25,645,364
35$29,534,850$21,913,619$20,022,184$27,600,191
36$32,479,281$22,919,263$20,624,804$29,729,459
37$35,721,899$23,972,038$21,245,466$32,049,970
38$39,293,050$25,074,185$21,884,706$34,580,192
39$43,226,176$26,228,054$22,543,078$37,340,438
40$47,558,125$27,436,108$23,221,151$40,353,045
41$52,329,503$28,700,927$23,919,509$43,642,582
42$57,585,056$30,025,217$24,638,757$47,236,073
43$63,374,091$31,411,812$25,379,514$51,163,247
44$69,750,942$32,863,683$26,142,421$55,456,814
45$76,775,481$34,383,947$26,928,135$60,152,761
46$84,513,686$35,975,866$27,737,334$65,290,688
47$93,038,262$37,642,864$28,570,714$70,914,172
48$102,429,326$39,388,526$29,428,995$77,071,171
49$112,775,166$41,216,612$30,312,914$83,814,467
50$124,173,069$43,131,062$31,223,233$91,202,157
51$136,730,246$45,136,008$32,160,736$99,298,189
52$150,564,838$47,235,780$33,126,228$108,172,960
53$165,807,034$49,434,915$34,120,539$117,903,963
54$182,600,299$51,738,173$35,144,523$128,576,515
55$201,102,726$54,150,540$36,199,062$140,284,548
56$221,488,532$56,677,245$37,285,058$153,131,482
57$243,949,700$59,323,768$38,403,446$167,231,193
58$268,697,792$62,095,855$39,555,184$182,709,070
59$295,965,944$64,999,529$40,741,259$199,703,190
60$326,011,068$68,041,103$41,962,689$218,365,604
61$359,116,277$71,227,198$43,220,519$238,863,758
62$395,593,558$74,564,751$44,515,828$261,382,059
63$435,786,716$78,061,039$45,849,723$286,123,600
64$480,074,618$81,723,687$47,223,345$313,312,058
65$528,874,772$85,560,690$48,637,871$343,193,792
66$582,647,267$89,580,433$50,094,508$376,040,144
67$641,899,115$93,791,701$51,594,501$412,149,987
68$707,189,040$98,203,709$53,139,132$451,852,524
69$779,132,748$102,826,117$54,729,718$495,510,373
70$858,408,742$107,669,051$56,367,618$543,522,970
71$945,764,728$112,743,128$58,054,227$596,330,316
72$1,042,024,671$118,059,482$59,790,985$654,417,107
73$1,148,096,574$123,629,784$61,579,369$718,317,284
74$1,264,981,051$129,466,269$63,420,905$788,619,045
75$1,393,780,772$135,581,770$65,317,158$865,970,374
76$1,535,710,871$141,989,737$67,269,743$951,085,128
77$1,692,110,420$148,704,275$69,280,320$1,044,749,742
78$1,864,455,070$155,740,172$71,350,599$1,147,830,629
79$2,054,370,981$163,112,933$73,482,337$1,261,282,317
80$2,263,650,171$170,838,817$75,677,345$1,386,156,434
81$2,494,267,439$178,934,870$77,937,487$1,523,611,593
82$2,748,399,005$187,418,965$80,264,680$1,674,924,298
83$3,028,443,053$196,309,844$82,660,896$1,841,500,947
84$3,337,042,376$205,627,158$85,128,168$2,024,891,078
85$3,677,109,321$215,391,511$87,668,584$2,226,801,943
86$4,051,853,285$225,624,509$90,284,295$2,449,114,588
87$4,464,811,017$236,348,807$92,977,516$2,693,901,561
88$4,919,880,001$247,588,159$95,750,523$2,963,446,426
89$5,421,355,257$259,367,475$98,605,662$3,260,265,274
90$5,973,969,886$271,712,873$101,545,343$3,587,130,414
91$6,582,939,752$284,651,742$104,572,050$3,947,096,498
92$7,254,012,731$298,212,801$107,688,338$4,343,529,292
93$7,993,522,967$312,426,166$110,896,835$4,780,137,389
94$8,808,450,676$327,323,415$114,200,245$5,261,007,160
95$9,706,488,045$342,937,662$117,601,354$5,790,641,258
96$10,696,111,851$359,303,633$121,103,025$6,374,001,057
97$11,786,663,489$376,457,740$124,708,205$7,016,553,416
98$12,988,437,164$394,438,168$128,419,929$7,724,322,211
99$14,312,777,074$413,284,958$132,241,316$8,503,945,122
100$15,772,184,513$433,040,099$136,175,578$9,362,736,212