Can I retire at age 30 with 17,800,000?

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 $17,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,387,903
2 years$727,677$714,125$700,990$688,256$675,903$644,338
3 years$480,299$466,688$453,587$440,972$428,821$398,169
4 years$356,634$343,065$330,095$317,696$305,839$276,336
5 years$282,455$268,967$256,167$244,021$232,494$204,224
6 years$233,018$219,632$207,021$195,145$183,964$156,957
7 years$197,720$184,447$172,036$160,440$149,612$123,872
8 years$171,259$158,105$145,900$134,589$124,118$99,636
9 years$150,688$137,659$125,664$114,640$104,525$81,283
10 years$134,242$121,339$109,556$98,821$89,061$67,034
11 years$120,794$108,021$96,452$86,004$76,595$55,755
12 years$109,596$96,954$85,598$75,437$66,376$46,689
13 years$100,128$87,618$76,477$66,599$57,881$39,312
14 years$92,019$79,643$68,715$59,119$50,738$33,250
15 years$84,998$72,755$62,040$52,724$44,674$28,227
16 years$78,861$66,751$56,248$47,209$39,483$24,036
17 years$73,451$61,475$51,184$42,417$35,008$20,521
18 years$68,648$56,806$46,724$38,226$31,128$17,557
19 years$64,355$52,647$42,774$34,540$27,745$15,049
20 years$60,497$48,922$39,256$31,283$24,782$12,920
21 years$57,010$45,569$36,108$28,391$22,177$11,106
22 years$53,845$42,537$33,279$25,814$19,879$9,558
23 years$50,959$39,784$30,727$23,510$17,844$8,233
24 years$48,317$37,275$28,417$21,442$16,039$7,098
25 years$45,891$34,981$26,320$19,582$14,433$6,124
26 years$43,655$32,876$24,411$17,905$13,000$5,286
27 years$41,588$30,941$22,667$16,389$11,721$4,566
28 years$39,672$29,155$21,072$15,016$10,576$3,945
29 years$37,892$27,505$19,610$13,770$9,550$3,410
30 years$36,233$25,975$18,266$12,637$8,629$2,949
31 years$34,684$24,555$17,028$11,606$7,801$2,551
32 years$33,235$23,234$15,888$10,666$7,057$2,207
33 years$31,877$22,003$14,835$9,809$6,386$1,910
34 years$30,602$20,854$13,861$9,025$5,782$1,653
35 years$29,401$19,780$12,959$8,308$5,237$1,431
36 years$28,271$18,774$12,122$7,651$4,745$1,239
37 years$27,203$17,831$11,346$7,050$4,301$1,073
38 years$26,195$16,946$10,625$6,498$3,899$929
39 years$25,240$16,114$9,955$5,991$3,536$804
40 years$24,335$15,331$9,331$5,526$3,207$697
41 years$23,477$14,593$8,749$5,099$2,909$603
42 years$22,662$13,898$8,207$4,705$2,640$523
43 years$21,887$13,242$7,701$4,344$2,396$453
44 years$21,149$12,623$7,229$4,011$2,175$392
45 years$20,446$12,037$6,788$3,704$1,974$340
46 years$19,775$11,483$6,375$3,421$1,793$294
47 years$19,135$10,958$5,989$3,161$1,628$255
48 years$18,524$10,461$5,628$2,921$1,478$221
49 years$17,939$9,990$5,290$2,699$1,343$192
50 years$17,379$9,542$4,974$2,495$1,220$166

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $17,800,000, adding $6,007 every year, while hoping to spend $43,473 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: 68/9/23 Blend
29$17,800,000$17,800,000$17,800,000$17,800,000
30$19,621,796$18,678,396$18,402,496$20,841,077
31$21,576,964$19,547,383$18,972,725$22,528,063
32$23,730,103$20,457,492$19,560,599$24,367,321
33$26,101,359$21,410,695$20,166,664$26,378,424
34$28,712,932$22,409,054$20,791,483$28,578,337
35$31,589,287$23,454,733$21,435,633$30,985,733
36$34,757,380$24,550,001$22,099,713$33,621,169
37$38,246,918$25,697,236$22,784,338$36,507,277
38$42,090,633$26,898,930$23,490,143$39,668,972
39$46,324,597$28,157,697$24,217,782$43,133,686
40$50,988,558$29,476,277$24,967,930$46,931,625
41$56,126,317$30,857,540$25,741,282$51,096,048
42$61,786,141$32,304,499$26,538,554$55,663,578
43$68,021,217$33,820,309$27,360,485$60,674,547
44$74,890,157$35,408,280$28,207,837$66,173,368
45$82,457,548$37,071,881$29,081,395$72,208,955
46$90,794,564$38,814,749$29,981,968$78,835,180
47$99,979,635$40,640,698$30,910,390$86,111,372
48$110,099,191$42,553,725$31,867,520$94,102,881
49$121,248,473$44,558,021$32,854,247$102,881,683
50$133,532,434$46,657,982$33,871,482$112,527,059
51$147,066,734$48,858,214$34,920,167$123,126,338
52$161,978,823$51,163,549$36,001,275$134,775,713
53$178,409,150$53,579,050$37,115,805$147,581,147
54$196,512,488$56,110,028$38,264,789$161,659,368
55$216,459,393$58,762,051$39,449,291$177,138,963
56$238,437,815$61,540,956$40,670,406$194,161,585
57$262,654,873$64,452,863$41,929,265$212,883,287
58$289,338,807$67,504,190$43,227,033$233,475,987
59$318,741,136$70,701,666$44,564,909$256,129,085
60$351,139,031$74,052,346$45,944,132$281,051,240
61$386,837,929$77,563,628$47,365,978$308,472,338
62$426,174,420$81,243,269$48,831,760$338,645,651
63$469,519,423$85,099,401$50,342,836$371,850,220
64$517,281,685$89,140,552$51,900,602$408,393,483
65$569,911,643$93,375,666$53,506,499$448,614,165
66$627,905,674$97,814,117$55,162,010$492,885,471
67$691,810,783$102,465,739$56,868,667$541,618,595
68$762,229,763$107,340,840$58,628,048$595,266,596
69$839,826,888$112,450,231$60,441,777$654,328,662
70$925,334,186$117,805,247$62,311,531$719,354,814
71$1,019,558,344$123,417,775$64,239,039$790,951,083
72$1,123,388,328$129,300,279$66,226,079$869,785,228
73$1,237,803,774$135,465,829$68,274,490$956,593,017
74$1,363,884,236$141,928,132$70,386,162$1,052,185,169
75$1,502,819,375$148,701,558$72,563,046$1,157,454,991
76$1,655,920,196$155,801,178$74,807,152$1,273,386,797
77$1,824,631,418$163,242,798$77,120,554$1,401,065,188
78$2,010,545,116$171,042,989$79,505,386$1,541,685,274
79$2,215,415,752$179,219,129$81,963,850$1,696,563,942
80$2,441,176,736$187,789,444$84,498,217$1,867,152,275
81$2,689,958,681$196,773,045$87,110,826$2,055,049,228
82$2,964,109,515$206,189,973$89,804,087$2,262,016,710
83$3,266,216,648$216,061,244$92,580,486$2,489,996,199
84$3,599,131,400$226,408,898$95,442,586$2,741,127,051
85$3,965,995,917$237,256,048$98,393,026$3,017,766,673
86$4,370,272,837$248,626,932$101,434,530$3,322,512,765
87$4,815,777,982$260,546,967$104,569,902$3,658,227,818
88$5,306,716,376$273,042,808$107,802,034$4,028,066,114
89$5,847,721,952$286,142,411$111,133,907$4,435,503,484
90$6,443,901,292$299,875,091$114,568,594$4,884,370,097
91$7,100,881,844$314,271,590$118,109,262$5,378,886,591
92$7,824,865,044$329,364,150$121,759,175$5,923,703,896
93$8,622,684,869$345,186,583$125,521,697$6,523,947,113
94$9,501,872,348$361,774,349$129,400,297$7,185,263,868
95$10,470,726,670$379,164,634$133,398,549$7,913,877,602
96$11,538,393,527$397,396,438$137,520,137$8,716,646,289
97$12,714,951,466$416,510,662$141,768,860$9,601,127,153
98$14,011,507,030$436,550,200$146,148,632$10,575,647,977
99$15,440,299,624$457,560,036$150,663,488$11,649,385,685
100$17,014,817,056$479,587,349$155,317,586$12,832,452,948