Can I retire at age 30 with 17,400,000?

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 $17,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$1,436,876$1,424,077$1,411,590$1,399,402$1,387,500$1,353,409
2 years$711,325$698,077$685,238$672,789$660,714$626,578
3 years$469,506$456,201$443,394$431,063$419,184$386,071
4 years$348,620$335,356$322,677$310,556$298,966$267,129
5 years$276,108$262,923$250,411$238,537$227,269$196,798
6 years$227,782$214,697$202,369$190,760$179,830$150,756
7 years$193,277$180,302$168,170$156,834$146,250$118,576
8 years$167,410$154,552$142,621$131,564$121,329$95,042
9 years$147,302$134,565$122,840$112,064$102,176$77,256
10 years$131,225$118,613$107,094$96,600$87,059$63,476
11 years$118,079$105,594$94,284$84,071$74,874$52,594
12 years$107,133$94,775$83,675$73,741$64,884$43,870
13 years$97,878$85,649$74,758$65,103$56,580$36,791
14 years$89,951$77,853$67,170$57,791$49,598$30,990
15 years$83,088$71,120$60,646$51,539$43,670$26,199
16 years$77,089$65,251$54,984$46,148$38,596$22,214
17 years$71,800$60,094$50,034$41,463$34,221$18,883
18 years$67,105$55,529$45,674$37,367$30,428$16,085
19 years$62,909$51,464$41,813$33,764$27,121$13,726
20 years$59,137$47,823$38,373$30,580$24,225$11,730
21 years$55,729$44,545$35,296$27,753$21,679$10,037
22 years$52,635$41,581$32,531$25,234$19,432$8,598
23 years$49,814$38,890$30,036$22,981$17,443$7,371
24 years$47,232$36,438$27,779$20,960$15,678$6,325
25 years$44,860$34,195$25,729$19,142$14,108$5,431
26 years$42,674$32,138$23,862$17,502$12,708$4,666
27 years$40,654$30,245$22,158$16,020$11,457$4,010
28 years$38,781$28,500$20,599$14,678$10,338$3,448
29 years$37,040$26,886$19,169$13,460$9,335$2,966
30 years$35,419$25,391$17,855$12,353$8,435$2,552
31 years$33,905$24,003$16,646$11,345$7,626$2,197
32 years$32,489$22,712$15,531$10,427$6,898$1,891
33 years$31,161$21,509$14,501$9,588$6,243$1,628
34 years$29,914$20,385$13,549$8,822$5,652$1,402
35 years$28,741$19,335$12,667$8,121$5,119$1,208
36 years$27,635$18,352$11,850$7,479$4,639$1,040
37 years$26,592$17,430$11,091$6,891$4,204$896
38 years$25,606$16,565$10,387$6,352$3,811$772
39 years$24,673$15,751$9,731$5,857$3,456$665
40 years$23,789$14,986$9,121$5,402$3,135$573
41 years$22,950$14,266$8,553$4,984$2,844$494
42 years$22,153$13,586$8,023$4,600$2,581$426
43 years$21,395$12,945$7,528$4,246$2,342$367
44 years$20,674$12,339$7,066$3,920$2,126$316
45 years$19,986$11,766$6,635$3,621$1,930$273
46 years$19,331$11,225$6,232$3,344$1,752$235
47 years$18,705$10,712$5,855$3,090$1,591$203
48 years$18,107$10,226$5,502$2,855$1,445$175
49 years$17,536$9,765$5,171$2,639$1,312$150
50 years$16,988$9,328$4,862$2,439$1,192$130

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $17,400,000, adding $4,685 every year, while hoping to spend $24,371 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: 69/5/26 Blend
29$17,400,000$17,400,000$17,400,000$17,400,000
30$19,179,633$18,257,433$17,987,733$20,374,501
31$21,110,025$19,126,116$18,564,391$22,045,357
32$23,236,500$20,036,549$19,159,551$23,870,030
33$25,579,033$20,990,750$19,773,806$25,866,419
34$28,159,635$21,990,837$20,407,769$28,051,535
35$31,002,562$23,039,033$21,062,074$30,444,109
36$34,134,544$24,137,665$21,737,374$33,064,764
37$37,585,033$25,289,177$22,434,342$35,936,204
38$41,386,489$26,496,129$23,153,674$39,083,431
39$45,574,678$27,761,206$23,896,090$42,533,977
40$50,189,015$29,087,226$24,662,329$46,318,158
41$55,272,936$30,477,141$25,453,158$50,469,362
42$60,874,302$31,934,047$26,269,365$55,024,358
43$67,045,859$33,461,194$27,111,767$60,023,640
44$73,845,729$35,061,985$27,981,204$65,511,810
45$81,337,964$36,739,993$28,878,545$71,537,991
46$89,593,146$38,498,962$29,804,685$78,156,290
47$98,689,055$40,342,820$30,760,551$85,426,305
48$108,711,406$42,275,685$31,747,097$93,413,683
49$119,754,653$44,301,877$32,765,308$102,190,737
50$131,922,883$46,425,925$33,816,202$111,837,125
51$145,330,801$48,652,579$34,900,828$122,440,595
52$160,104,807$50,986,820$36,020,270$134,097,814
53$176,384,195$53,433,872$37,175,647$146,915,272
54$194,322,465$55,999,213$38,368,113$161,010,286
55$214,088,772$58,688,590$39,598,860$176,512,097
56$235,869,522$61,508,026$40,869,117$193,563,095
57$259,870,135$64,463,841$42,180,155$212,320,147
58$286,316,982$67,562,662$43,533,283$232,956,081
59$315,459,519$70,811,438$44,929,853$255,661,309
60$347,572,649$74,217,457$46,371,262$280,645,616
61$382,959,310$77,788,364$47,858,950$308,140,140
62$421,953,340$81,532,174$49,394,405$338,399,544
63$464,922,624$85,457,294$50,979,161$371,704,415
64$512,272,572$89,572,541$52,614,803$408,363,906
65$564,449,941$93,887,163$54,302,966$448,718,647
66$621,947,057$98,410,856$56,045,338$493,143,956
67$685,306,461$103,153,792$57,843,660$542,053,371
68$755,126,029$108,126,637$59,699,732$595,902,548
69$832,064,620$113,340,578$61,615,409$655,193,557
70$916,848,293$118,807,348$63,592,607$720,479,607
71$1,010,277,162$124,539,251$65,633,303$792,370,268
72$1,113,232,952$130,549,194$67,739,538$871,537,210
73$1,226,687,320$136,850,711$69,913,419$958,720,537
74$1,351,711,028$143,457,997$72,157,120$1,054,735,766
75$1,489,484,055$150,385,941$74,472,885$1,160,481,513
76$1,641,306,733$157,650,157$76,863,031$1,276,947,966
77$1,808,612,026$165,267,021$79,329,950$1,405,226,224
78$1,992,979,058$173,253,710$81,876,108$1,546,518,585
79$2,196,148,018$181,628,238$84,504,054$1,702,149,885
80$2,420,036,592$190,409,498$87,216,416$1,873,579,990
81$2,666,758,068$199,617,307$90,015,909$2,062,417,571
82$2,938,641,283$209,272,447$92,905,334$2,270,435,274
83$3,238,252,613$219,396,716$95,887,582$2,499,586,439
84$3,568,420,202$230,012,977$98,965,638$2,752,023,531
85$3,932,260,658$241,145,209$102,142,583$3,030,118,444
86$4,333,208,481$252,818,560$105,421,595$3,336,484,876
87$4,775,048,485$265,059,408$108,805,957$3,674,002,989
88$5,261,951,530$277,895,419$112,299,057$4,045,846,584
89$5,798,513,901$291,355,609$115,904,390$4,455,513,046
90$6,389,800,698$305,470,414$119,625,567$4,906,856,343
91$7,041,393,658$320,271,752$123,466,311$5,404,123,389
92$7,759,443,848$335,793,105$127,430,470$5,951,994,125
93$8,550,729,741$352,069,587$131,522,011$6,555,625,673
94$9,422,721,207$369,138,030$135,745,031$7,220,701,008
95$10,383,650,040$387,037,063$140,103,759$7,953,482,581
96$11,442,587,668$405,807,203$144,602,559$8,760,871,426
97$12,609,530,802$425,490,948$149,245,936$9,650,472,281
98$13,895,495,810$446,132,871$154,038,542$10,630,665,359
99$15,312,622,725$467,779,723$158,985,175$11,710,685,442
100$16,874,289,854$490,480,541$164,090,790$12,900,709,030