Can I retire at age 30 with 17,300,000?

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 $17,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$1,428,618$1,415,892$1,403,477$1,391,359$1,379,526$1,358,350
2 years$707,237$694,065$681,300$668,923$656,917$635,634
3 years$466,808$453,579$440,846$428,585$416,775$396,047
4 years$346,617$333,429$320,823$308,772$297,248$277,234
5 years$274,521$261,412$248,972$237,166$225,963$206,722
6 years$226,473$213,463$201,206$189,664$178,797$160,351
7 years$192,166$179,266$167,203$155,933$145,410$127,765
8 years$166,448$153,664$141,802$130,808$120,631$103,784
9 years$146,455$133,792$122,134$111,420$101,589$85,532
10 years$130,471$117,931$106,479$96,045$86,559$71,278
11 years$117,401$104,987$93,742$83,588$74,444$59,924
12 years$106,517$94,231$83,194$73,318$64,511$50,735
13 years$97,315$85,157$74,328$64,729$56,255$43,203
14 years$89,434$77,405$66,784$57,459$49,313$36,963
15 years$82,611$70,711$60,297$51,243$43,419$31,750
16 years$76,646$64,876$54,668$45,883$38,374$27,361
17 years$71,388$59,749$49,746$41,225$34,025$23,646
18 years$66,719$55,210$45,412$37,152$30,253$20,483
19 years$62,547$51,168$41,572$33,570$26,965$17,779
20 years$58,797$47,548$38,153$30,404$24,086$15,459
21 years$55,409$44,289$35,093$27,594$21,554$13,462
22 years$52,332$41,342$32,344$25,089$19,320$11,737
23 years$49,527$38,667$29,864$22,849$17,343$10,245
24 years$46,960$36,228$27,619$20,840$15,588$8,951
25 years$44,602$33,998$25,581$19,032$14,027$7,827
26 years$42,429$31,953$23,725$17,402$12,635$6,849
27 years$40,420$30,071$22,031$15,928$11,392$5,998
28 years$38,558$28,336$20,480$14,594$10,279$5,255
29 years$36,827$26,732$19,059$13,383$9,282$4,606
30 years$35,215$25,246$17,752$12,282$8,386$4,039
31 years$33,710$23,865$16,550$11,280$7,582$3,543
32 years$32,302$22,581$15,442$10,367$6,859$3,109
33 years$30,982$21,385$14,418$9,533$6,207$2,729
34 years$29,742$20,268$13,471$8,771$5,620$2,396
35 years$28,576$19,224$12,595$8,074$5,090$2,104
36 years$27,476$18,246$11,782$7,436$4,612$1,848
37 years$26,439$17,330$11,028$6,852$4,180$1,623
38 years$25,459$16,470$10,327$6,315$3,789$1,426
39 years$24,531$15,661$9,675$5,823$3,436$1,253
40 years$23,652$14,900$9,069$5,371$3,117$1,101
41 years$22,818$14,184$8,503$4,955$2,828$968
42 years$22,025$13,508$7,977$4,573$2,566$851
43 years$21,272$12,870$7,485$4,222$2,329$748
44 years$20,555$12,268$7,026$3,898$2,114$657
45 years$19,872$11,699$6,597$3,600$1,919$578
46 years$19,220$11,160$6,196$3,325$1,742$508
47 years$18,598$10,650$5,821$3,072$1,582$447
48 years$18,003$10,167$5,470$2,839$1,437$393
49 years$17,435$9,709$5,142$2,624$1,305$345
50 years$16,891$9,274$4,834$2,425$1,185$304

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $17,300,000, adding $4,221 every year, while hoping to spend $30,774 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: 40/49/11 Blend
29$17,300,000$17,300,000$17,300,000$17,300,000
30$19,068,954$18,152,054$17,883,904$19,768,766
31$20,981,244$19,008,761$18,450,271$21,118,988
32$23,087,556$19,906,416$19,034,581$22,575,351
33$25,407,648$20,846,992$19,637,401$24,150,118
34$27,963,292$21,832,558$20,259,318$25,854,014
35$30,778,480$22,865,286$20,900,937$27,698,801
36$33,879,649$23,947,449$21,562,882$29,697,373
37$37,295,934$25,081,434$22,245,799$31,863,870
38$41,059,436$26,269,742$22,950,351$34,213,807
39$45,205,535$27,514,995$23,677,224$36,764,202
40$49,773,214$28,819,944$24,427,125$39,533,735
41$54,805,432$30,187,472$25,200,784$42,542,906
42$60,349,531$31,620,602$25,998,955$45,814,225
43$66,457,676$33,122,505$26,822,413$49,372,403
44$73,187,356$34,696,505$27,671,961$53,244,580
45$80,601,920$36,346,087$28,548,425$57,460,568
46$88,771,177$38,074,907$29,452,658$62,053,114
47$97,772,056$39,886,796$30,385,541$67,058,198
48$107,689,330$41,785,774$31,347,982$72,515,357
49$118,616,419$43,776,054$32,340,916$78,468,044
50$130,656,269$45,862,055$33,365,312$84,964,017
51$143,922,324$48,048,411$34,422,165$92,055,778
52$158,539,598$50,339,981$35,512,505$99,801,049
53$174,645,857$52,741,860$36,637,394$108,263,296
54$192,392,913$55,259,389$37,797,925$117,512,309
55$211,948,064$57,898,173$38,995,229$127,624,840
56$233,495,669$60,664,087$40,230,472$138,685,309
57$257,238,890$63,563,290$41,504,856$150,786,572
58$283,401,610$66,602,244$42,819,622$164,030,779
59$312,230,544$69,787,724$44,176,049$178,530,311
60$343,997,572$73,126,835$45,575,459$194,408,813
61$379,002,301$76,627,027$47,019,214$211,802,338
62$417,574,897$80,296,113$48,508,719$230,860,599
63$460,079,201$84,142,286$50,045,425$251,748,353
64$506,916,161$88,174,139$51,630,828$274,646,925
65$558,527,620$92,400,683$53,266,472$299,755,887
66$615,400,488$96,831,367$54,953,950$327,294,907
67$678,071,335$101,476,101$56,694,903$357,505,785
68$747,131,457$106,345,276$58,491,029$390,654,700
69$823,232,463$111,449,792$60,344,076$427,034,682
70$907,092,420$116,801,077$62,255,848$466,968,334
71$999,502,635$122,411,118$64,228,207$510,810,839
72$1,101,335,125$128,292,485$66,263,074$558,953,260
73$1,213,550,852$134,458,361$68,362,430$611,826,191
74$1,337,208,788$140,922,569$70,528,321$669,903,766
75$1,473,475,919$147,699,611$72,762,855$733,708,086
76$1,623,638,261$154,804,689$75,068,209$803,814,088
77$1,789,112,998$162,253,753$77,446,627$880,854,921
78$1,971,461,861$170,063,525$79,900,427$965,527,856
79$2,172,405,879$178,251,545$82,431,999$1,058,600,808
80$2,393,841,615$186,836,208$85,043,808$1,160,919,520
81$2,637,859,082$195,836,804$87,738,398$1,273,415,473
82$2,906,761,468$205,273,567$90,518,394$1,397,114,612
83$3,203,086,882$215,167,716$93,386,504$1,533,146,950
84$3,529,632,313$225,541,503$96,345,521$1,682,757,157
85$3,889,480,041$236,418,269$99,398,328$1,847,316,226
86$4,286,026,733$247,822,492$102,547,899$2,028,334,328
87$4,723,015,508$259,779,842$105,797,303$2,227,474,976
88$5,204,571,281$272,317,246$109,149,704$2,446,570,630
89$5,735,239,701$285,462,940$112,608,368$2,687,639,900
90$6,320,030,067$299,246,541$116,176,665$2,952,906,491
91$6,964,462,622$313,699,110$119,858,071$3,244,820,087
92$7,674,620,667$328,853,223$123,656,174$3,566,079,361
93$8,457,207,992$344,743,048$127,574,673$3,919,657,325
94$9,319,612,169$361,404,419$131,617,386$4,308,829,277
95$10,269,974,294$378,874,920$135,788,253$4,737,203,577
96$11,317,265,849$397,193,968$140,091,336$5,208,755,579
97$12,471,373,399$416,402,906$144,530,829$5,727,865,007
98$13,743,191,932$436,545,094$149,111,058$6,299,357,153
99$15,144,727,717$457,666,011$153,836,486$6,928,548,264
100$16,689,211,653$479,813,355$158,711,717$7,621,295,562