Can I retire at age 30 with 16,900,000?

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 $16,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$1,395,586$1,383,155$1,371,027$1,359,189$1,347,630$1,341,951
2 years$690,884$678,017$665,547$653,456$641,728$635,996
3 years$456,014$443,092$430,653$418,676$407,139$401,529
4 years$338,602$325,719$313,405$301,632$290,375$284,932
5 years$268,174$255,368$243,215$231,683$220,738$215,478
6 years$221,236$208,527$196,554$185,278$174,663$169,591
7 years$187,723$175,121$163,337$152,328$142,048$137,168
8 years$162,599$150,111$138,523$127,784$117,842$113,155
9 years$143,069$130,698$119,310$108,843$99,240$94,744
10 years$127,454$115,204$104,017$93,824$84,558$80,251
11 years$114,686$102,560$91,575$81,655$72,722$68,602
12 years$104,054$92,052$81,270$71,622$63,020$59,082
13 years$95,065$83,188$72,610$63,232$54,954$51,197
14 years$87,366$75,616$65,240$56,130$48,173$44,591
15 years$80,700$69,076$58,903$50,058$42,415$39,004
16 years$74,873$63,376$53,404$44,822$37,487$34,242
17 years$69,737$58,367$48,596$40,272$33,238$30,156
18 years$65,177$53,934$44,362$36,293$29,554$26,628
19 years$61,101$49,985$40,611$32,794$26,342$23,568
20 years$57,438$46,449$37,271$29,701$23,529$20,902
21 years$54,127$43,265$34,282$26,956$21,056$18,570
22 years$51,122$40,386$31,596$24,509$18,874$16,524
23 years$48,382$37,773$29,173$22,321$16,942$14,723
24 years$45,874$35,391$26,980$20,358$15,228$13,134
25 years$43,571$33,212$24,989$18,592$13,703$11,729
26 years$41,448$31,214$23,176$17,000$12,343$10,484
27 years$39,485$29,376$21,521$15,560$11,128$9,379
28 years$37,666$27,681$20,007$14,256$10,041$8,397
29 years$35,976$26,114$18,618$13,073$9,067$7,522
30 years$34,401$24,662$17,342$11,998$8,193$6,743
31 years$32,931$23,314$16,167$11,019$7,407$6,047
32 years$31,555$22,059$15,084$10,127$6,700$5,426
33 years$30,265$20,891$14,084$9,313$6,064$4,870
34 years$29,054$19,800$13,160$8,568$5,490$4,373
35 years$27,915$18,780$12,303$7,888$4,972$3,929
36 years$26,841$17,825$11,510$7,264$4,505$3,530
37 years$25,828$16,929$10,773$6,693$4,083$3,173
38 years$24,870$16,089$10,088$6,169$3,702$2,852
39 years$23,964$15,299$9,452$5,688$3,357$2,565
40 years$23,105$14,556$8,859$5,247$3,045$2,306
41 years$22,290$13,856$8,307$4,841$2,762$2,075
42 years$21,516$13,196$7,792$4,467$2,507$1,866
43 years$20,780$12,573$7,312$4,124$2,275$1,679
44 years$20,080$11,984$6,863$3,808$2,065$1,511
45 years$19,412$11,428$6,445$3,517$1,875$1,360
46 years$18,775$10,902$6,053$3,248$1,702$1,224
47 years$18,168$10,404$5,687$3,001$1,545$1,102
48 years$17,587$9,932$5,344$2,773$1,404$992
49 years$17,032$9,484$5,023$2,563$1,275$893
50 years$16,500$9,060$4,722$2,369$1,158$804

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $16,900,000, adding $2,288 every year, while hoping to spend $45,813 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: 42/35/23 Blend
29$16,900,000$16,900,000$16,900,000$16,900,000
30$18,626,160$17,730,460$17,468,510$19,282,863
31$20,477,284$18,550,508$18,004,960$20,571,694
32$22,515,687$19,409,203$18,557,847$21,961,946
33$24,760,423$20,308,390$19,127,670$23,466,593
34$27,232,488$21,250,003$19,714,950$25,096,187
35$29,955,019$22,236,070$20,320,218$26,862,307
36$32,953,510$23,268,717$20,944,024$28,777,664
37$36,256,054$24,350,170$21,586,935$30,856,214
38$39,893,608$25,482,764$22,249,533$33,113,279
39$43,900,284$26,668,949$22,932,421$35,565,692
40$48,313,674$27,911,288$23,636,218$38,231,940
41$53,175,200$29,212,472$24,361,562$41,132,333
42$58,530,507$30,575,320$25,109,112$44,289,191
43$64,429,896$32,002,788$25,879,545$47,727,042
44$70,928,795$33,497,975$26,673,559$51,472,842
45$78,088,284$35,064,127$27,491,875$55,556,226
46$85,975,671$36,704,651$28,335,234$60,009,773
47$94,665,125$38,423,115$29,204,401$64,869,305
48$104,238,383$40,223,262$30,100,163$70,174,213
49$114,785,511$42,109,015$31,023,331$75,967,818
50$126,405,762$44,084,486$31,974,742$82,297,767
51$139,208,512$46,153,988$32,955,258$89,216,470
52$153,314,287$48,322,040$33,965,766$96,781,583
53$168,855,905$50,593,381$35,007,180$105,056,537
54$185,979,731$52,972,981$36,080,445$114,111,125
55$204,847,054$55,466,047$37,186,530$124,022,140
56$225,635,612$58,078,041$38,326,437$134,874,090
57$248,541,268$60,814,689$39,501,196$146,759,976
58$273,779,862$63,681,994$40,711,871$159,782,154
59$301,589,246$66,686,249$41,959,556$174,053,283
60$332,231,527$69,834,054$43,245,380$189,697,367
61$365,995,547$73,132,326$44,570,504$206,850,911
62$403,199,604$76,588,321$45,936,127$225,664,184
63$444,194,458$80,209,644$47,343,482$246,302,619
64$489,366,646$84,004,269$48,793,841$268,948,348
65$539,142,123$87,980,558$50,288,515$293,801,905
66$593,990,292$92,147,277$51,828,852$321,084,087
67$654,428,427$96,513,619$53,416,244$351,038,015
68$721,026,563$101,089,223$55,052,125$383,931,403
69$794,412,871$105,884,194$56,737,970$420,059,057
70$875,279,594$110,909,129$58,475,301$459,745,626
71$964,389,575$116,175,138$60,265,686$503,348,637
72$1,062,583,465$121,693,874$62,110,740$551,261,839
73$1,170,787,656$127,477,551$64,012,127$603,918,883
74$1,290,023,025$133,538,980$65,971,562$661,797,385
75$1,421,414,576$139,891,592$67,990,812$725,423,392
76$1,566,202,055$146,549,472$70,071,696$795,376,313
77$1,725,751,657$153,527,389$72,216,091$872,294,346
78$1,901,568,924$160,840,829$74,425,927$956,880,462
79$2,095,312,956$168,506,031$76,703,198$1,049,908,994
80$2,308,812,075$176,540,024$79,049,953$1,152,232,902
81$2,544,081,087$184,960,665$81,468,306$1,264,791,780
82$2,803,340,297$193,786,678$83,960,434$1,388,620,665
83$3,089,036,481$203,037,698$86,528,581$1,524,859,765
84$3,403,865,972$212,734,315$89,175,059$1,674,765,162
85$3,750,800,126$222,898,121$91,902,248$1,839,720,612
86$4,133,113,368$233,551,759$94,712,603$2,021,250,546
87$4,554,414,107$244,718,971$97,608,651$2,221,034,399
88$5,018,678,802$256,424,656$100,592,996$2,440,922,397
89$5,530,289,501$268,694,925$103,668,323$2,682,952,952
90$6,094,075,213$281,557,160$106,837,395$2,949,371,832
91$6,715,357,497$295,040,073$110,103,060$3,242,653,290
92$7,400,000,703$309,173,778$113,468,254$3,565,523,332
93$8,154,467,334$323,989,852$116,935,999$3,920,985,379
94$8,985,879,057$339,521,410$120,509,410$4,312,348,521
95$9,902,083,942$355,803,179$124,191,696$4,743,258,673
96$10,911,730,549$372,871,581$127,986,163$5,217,732,892
97$12,024,349,583$390,764,806$131,896,218$5,740,197,203
98$13,250,443,867$409,522,908$135,925,368$6,315,528,273
99$14,601,587,503$429,187,893$140,077,230$6,949,099,342
100$16,090,535,139$449,803,810$144,355,527$7,646,830,828