Can I retire at age 30 with 17,600,000?

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 $17,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,369,521
2 years$719,501$706,101$693,114$680,522$668,309$634,331
3 years$474,902$461,445$448,491$436,017$424,003$391,037
4 years$352,627$339,211$326,386$314,126$302,402$270,702
5 years$279,281$265,945$253,289$241,279$229,881$199,535
6 years$230,400$217,164$204,695$192,953$181,897$152,936
7 years$195,499$182,374$170,103$158,637$147,931$120,359
8 years$169,334$156,328$144,261$133,077$122,723$96,528
9 years$148,995$136,112$124,252$113,352$103,351$78,511
10 years$132,733$119,976$108,325$97,710$88,060$64,547
11 years$119,437$106,808$95,368$85,037$75,735$53,516
12 years$108,364$95,865$84,637$74,589$65,630$44,668
13 years$99,003$86,634$75,617$65,851$57,231$37,485
14 years$90,985$78,748$67,942$58,455$50,168$31,597
15 years$84,043$71,937$61,343$52,132$44,172$26,730
16 years$77,975$66,001$55,616$46,678$39,039$22,681
17 years$72,626$60,785$50,609$41,940$34,615$19,294
18 years$67,876$56,168$46,199$37,796$30,778$16,447
19 years$63,632$52,056$42,293$34,152$27,433$14,045
20 years$59,817$48,373$38,815$30,932$24,504$12,012
21 years$56,369$45,057$35,702$28,072$21,928$10,286
22 years$53,240$42,059$32,905$25,524$19,655$8,818
23 years$50,386$39,337$30,382$23,245$17,644$7,566
24 years$47,775$36,856$28,098$21,201$15,859$6,497
25 years$45,376$34,588$26,024$19,362$14,270$5,583
26 years$43,165$32,507$24,136$17,704$12,854$4,800
27 years$41,121$30,593$22,413$16,205$11,589$4,129
28 years$39,227$28,828$20,835$14,847$10,457$3,554
29 years$37,466$27,196$19,389$13,615$9,443$3,059
30 years$35,826$25,683$18,060$12,495$8,532$2,634
31 years$34,295$24,279$16,837$11,476$7,714$2,269
32 years$32,862$22,973$15,709$10,547$6,978$1,955
33 years$31,519$21,756$14,668$9,698$6,315$1,685
34 years$30,258$20,620$13,705$8,923$5,717$1,452
35 years$29,071$19,557$12,813$8,214$5,178$1,252
36 years$27,953$18,563$11,986$7,565$4,692$1,079
37 years$26,898$17,630$11,219$6,970$4,252$931
38 years$25,900$16,755$10,506$6,425$3,855$802
39 years$24,956$15,933$9,843$5,924$3,496$692
40 years$24,062$15,159$9,226$5,464$3,171$597
41 years$23,213$14,429$8,651$5,041$2,877$515
42 years$22,407$13,742$8,115$4,652$2,610$444
43 years$21,641$13,093$7,615$4,295$2,369$383
44 years$20,911$12,481$7,148$3,966$2,150$330
45 years$20,216$11,902$6,711$3,662$1,952$285
46 years$19,553$11,354$6,304$3,383$1,772$246
47 years$18,920$10,835$5,922$3,125$1,610$212
48 years$18,315$10,343$5,565$2,888$1,462$183
49 years$17,737$9,877$5,231$2,669$1,328$158
50 years$17,184$9,435$4,918$2,467$1,206$136

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $17,600,000, adding $3,537 every year, while hoping to spend $54,755 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: 59/35/6 Blend
29$17,600,000$17,600,000$17,600,000$17,600,000
30$19,398,848$18,466,048$18,193,248$20,520,427
31$21,319,272$19,312,626$18,744,463$22,118,961
32$23,433,744$20,198,851$19,312,309$23,854,484
33$25,761,999$21,126,607$19,897,284$25,745,319
34$28,325,783$22,097,871$20,499,904$27,806,363
35$31,149,059$23,114,713$21,120,697$30,053,989
36$34,258,232$24,179,303$21,760,209$32,506,196
37$37,682,397$25,293,915$22,419,001$35,182,772
38$41,453,617$26,460,932$23,097,653$38,105,472
39$45,607,221$27,682,853$23,796,760$41,298,223
40$50,182,141$28,962,296$24,516,935$44,787,337
41$55,221,276$30,302,005$25,258,809$48,601,752
42$60,771,901$31,704,858$26,023,034$52,773,303
43$66,886,109$33,173,870$26,810,279$57,337,008
44$73,621,303$34,712,200$27,621,234$62,331,393
45$81,040,740$36,323,163$28,456,610$67,798,847
46$89,214,127$38,010,229$29,317,138$73,786,013
47$98,218,277$39,777,039$30,203,571$80,344,215
48$108,137,837$41,627,409$31,116,686$87,529,939
49$119,066,082$43,565,338$32,057,281$95,405,349
50$131,105,801$45,595,018$33,026,178$104,038,866
51$144,370,263$47,720,845$34,024,226$113,505,803
52$158,984,288$49,947,424$35,052,295$123,889,059
53$175,085,423$52,279,586$36,111,285$135,279,896
54$192,825,244$54,722,393$37,202,121$147,778,780
55$212,370,781$57,281,153$38,325,754$161,496,320
56$233,906,100$59,961,429$39,483,166$176,554,294
57$257,634,037$62,769,053$40,675,367$193,086,788
58$283,778,112$65,710,141$41,903,396$211,241,440
59$312,584,644$68,791,102$43,168,324$231,180,820
60$344,325,069$72,018,658$44,471,254$253,083,948
61$379,298,506$75,399,852$45,813,321$277,147,963
62$417,834,581$78,942,071$47,195,694$303,589,964
63$460,296,535$82,653,060$48,619,577$332,649,042
64$507,084,658$86,540,936$50,086,209$364,588,516
65$558,640,062$90,614,211$51,596,866$399,698,393
66$615,448,850$94,881,809$53,152,863$438,298,085
67$678,046,700$99,353,085$54,755,551$480,739,398
68$747,023,927$104,037,849$56,406,325$527,409,831
69$823,031,049$108,946,386$58,106,619$578,736,205
70$906,784,934$114,089,476$59,857,908$635,188,662
71$999,075,564$119,478,427$61,661,715$697,285,079
72$1,100,773,492$125,125,092$63,519,604$765,595,923
73$1,212,838,065$131,041,898$65,433,187$840,749,602
74$1,336,326,473$137,241,876$67,404,124$923,438,371
75$1,472,403,735$143,738,689$69,434,123$1,014,424,822
76$1,622,353,694$150,546,663$71,524,945$1,114,549,056
77$1,787,591,139$157,680,818$73,678,399$1,224,736,567
78$1,969,675,161$165,156,904$75,896,351$1,346,006,943
79$2,170,323,869$172,991,434$78,180,721$1,479,483,447
80$2,391,430,614$181,201,725$80,533,485$1,626,403,579
81$2,635,081,859$189,805,931$82,956,679$1,788,130,707
82$2,903,576,878$198,823,092$85,452,397$1,966,166,895
83$3,199,449,465$208,273,168$88,022,797$2,162,167,028
84$3,525,491,849$218,177,092$90,670,100$2,377,954,380
85$3,884,781,060$228,556,812$93,396,591$2,615,537,777
86$4,280,707,975$239,435,343$96,204,624$2,877,130,495
87$4,717,009,333$250,836,819$99,096,623$3,165,171,098
88$5,197,803,007$262,786,545$102,075,082$3,482,346,392
89$5,727,626,885$275,311,057$105,142,568$3,831,616,723
90$6,311,481,710$288,438,182$108,301,727$4,216,243,856
91$6,954,878,289$302,197,097$111,555,279$4,639,821,690
92$7,663,889,520$316,618,401$114,906,027$5,106,310,110
93$8,445,207,727$331,734,178$118,356,855$5,620,072,291
94$9,306,207,837$347,578,075$121,910,732$6,185,915,802
95$10,255,017,010$364,185,374$125,570,715$6,809,137,902
96$11,300,591,362$381,593,074$129,339,950$7,495,575,461
97$12,452,800,520$399,839,974$133,221,678$8,251,659,960
98$13,722,520,800$418,966,760$137,219,231$9,084,478,107
99$15,121,737,890$439,016,099$141,336,044$10,001,838,636
100$16,663,660,002$460,032,735$145,575,648$11,012,345,910