Can I retire at age 30 with 17,900,000?

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 $17,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$1,478,165$1,464,999$1,452,153$1,439,614$1,427,371$1,419,566
2 years$731,765$718,137$704,928$692,122$679,701$671,825
3 years$482,997$469,310$456,135$443,449$431,230$423,527
4 years$358,638$344,993$331,950$319,480$307,557$300,087
5 years$284,042$270,478$257,607$245,392$233,800$226,584
6 years$234,327$220,866$208,184$196,242$184,998$178,046
7 years$198,831$185,483$173,002$161,341$150,453$143,768
8 years$172,221$158,993$146,720$135,345$124,815$118,398
9 years$151,535$138,432$126,370$115,284$105,112$98,962
10 years$134,996$122,021$110,172$99,376$89,561$83,674
11 years$121,473$108,628$96,994$86,487$77,025$71,397
12 years$110,211$97,499$86,079$75,860$66,749$61,375
13 years$100,690$88,110$76,906$66,973$58,206$53,082
14 years$92,536$80,090$69,101$59,452$51,023$46,142
15 years$85,476$73,164$62,388$53,020$44,925$40,281
16 years$79,304$67,126$56,564$47,474$39,705$35,292
17 years$73,864$61,821$51,471$42,655$35,205$31,016
18 years$69,033$57,125$46,987$38,441$31,303$27,330
19 years$64,717$52,943$43,014$34,734$27,901$24,138
20 years$60,836$49,197$39,476$31,459$24,921$21,361
21 years$57,330$45,825$36,310$28,551$22,302$18,936
22 years$54,147$42,776$33,466$25,959$19,990$16,812
23 years$51,245$40,008$30,900$23,642$17,945$14,946
24 years$48,589$37,485$28,577$21,562$16,129$13,303
25 years$46,149$35,177$26,468$19,692$14,514$11,853
26 years$43,900$33,061$24,548$18,005$13,073$10,570
27 years$41,822$31,114$22,795$16,481$11,787$9,434
28 years$39,895$29,319$21,191$15,100$10,635$8,426
29 years$38,105$27,659$19,720$13,847$9,603$7,530
30 years$36,437$26,121$18,368$12,708$8,677$6,733
31 years$34,879$24,693$17,124$11,671$7,845$6,024
32 years$33,422$23,365$15,977$10,726$7,096$5,392
33 years$32,056$22,127$14,918$9,864$6,422$4,828
34 years$30,773$20,971$13,938$9,075$5,815$4,325
35 years$29,567$19,891$13,031$8,354$5,267$3,875
36 years$28,429$18,879$12,191$7,694$4,772$3,473
37 years$27,356$17,931$11,410$7,089$4,325$3,114
38 years$26,342$17,041$10,685$6,534$3,921$2,792
39 years$25,382$16,204$10,011$6,025$3,556$2,504
40 years$24,472$15,417$9,383$5,557$3,225$2,246
41 years$23,609$14,675$8,798$5,127$2,926$2,015
42 years$22,789$13,976$8,253$4,732$2,655$1,808
43 years$22,010$13,317$7,745$4,368$2,409$1,623
44 years$21,268$12,694$7,270$4,033$2,187$1,457
45 years$20,561$12,104$6,826$3,725$1,985$1,308
46 years$19,886$11,547$6,411$3,441$1,803$1,174
47 years$19,243$11,020$6,023$3,179$1,637$1,054
48 years$18,628$10,520$5,660$2,937$1,487$946
49 years$18,039$10,046$5,320$2,714$1,350$850
50 years$17,477$9,596$5,002$2,509$1,226$763

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $17,900,000, adding $6,664 every year, while hoping to spend $32,934 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: 68/26/6 Blend
29$17,900,000$17,900,000$17,900,000$17,900,000
30$19,732,674$18,783,974$18,506,524$21,057,029
31$21,710,365$19,669,347$19,091,451$22,820,305
32$23,888,677$20,597,000$19,694,869$24,743,164
33$26,288,038$21,568,969$20,317,363$26,844,941
34$28,930,960$22,587,390$20,959,537$29,143,124
35$31,842,248$23,654,502$21,622,011$31,656,953
36$35,049,238$24,772,654$22,305,429$34,407,592
37$38,582,052$25,944,305$23,010,453$37,418,324
38$42,473,883$27,172,038$23,737,765$40,714,771
39$46,761,310$28,458,559$24,488,071$44,325,125
40$51,484,639$29,806,704$25,262,097$48,280,409
41$56,688,289$31,219,449$26,060,594$52,614,766
42$62,421,206$32,699,914$26,884,336$57,365,773
43$68,737,329$34,251,369$27,734,120$62,574,792
44$75,696,094$35,877,244$28,610,771$68,287,349
45$83,363,001$37,581,134$29,515,137$74,553,560
46$91,810,229$39,366,811$30,448,096$81,428,597
47$101,117,316$41,238,229$31,410,551$88,973,196
48$111,371,913$43,199,533$32,403,436$97,254,228
49$122,670,609$45,255,071$33,427,712$106,345,319
50$135,119,843$47,409,402$34,484,372$116,327,535
51$148,836,909$49,667,304$35,574,440$127,290,138
52$163,951,063$52,033,792$36,698,974$139,331,422
53$180,604,744$54,514,120$37,859,062$152,559,624
54$198,954,917$57,113,800$39,055,829$167,093,941
55$219,174,554$59,838,613$40,290,435$183,065,641
56$241,454,271$62,694,617$41,564,077$200,619,291
57$266,004,122$65,688,169$42,877,989$219,914,106
58$293,055,586$68,825,933$44,233,445$241,125,444
59$322,863,749$72,114,897$45,631,759$264,446,445
60$355,709,714$75,562,389$47,074,286$290,089,839
61$391,903,255$79,176,096$48,562,424$318,289,941
62$431,785,737$82,964,075$50,097,616$349,304,844
63$475,733,346$86,934,779$51,681,350$383,418,844
64$524,160,634$91,097,069$53,315,161$420,945,102
65$577,524,432$95,460,239$55,000,633$462,228,584
66$636,328,170$100,034,037$56,739,400$507,649,298
67$701,126,621$104,828,682$58,533,147$557,625,862
68$772,531,143$109,854,894$60,383,614$612,619,434
69$851,215,448$115,123,912$62,292,594$673,138,045
70$937,921,966$120,647,526$64,261,937$739,741,373
71$1,033,468,848$126,438,097$66,293,554$813,045,996
72$1,138,757,696$132,508,589$68,389,414$893,731,199
73$1,254,782,070$138,872,599$70,551,548$982,545,349
74$1,382,636,869$145,544,384$72,782,053$1,080,312,939
75$1,523,528,669$152,538,898$75,083,091$1,187,942,342
76$1,678,787,112$159,871,823$77,456,894$1,306,434,353
77$1,849,877,460$167,559,605$79,905,762$1,436,891,611
78$2,038,414,426$175,619,491$82,432,070$1,580,528,968
79$2,246,177,421$184,069,569$85,038,268$1,738,684,930
80$2,475,127,350$192,928,810$87,726,882$1,912,834,250
81$2,727,425,127$202,217,109$90,500,519$2,104,601,820
82$3,005,452,072$211,955,330$93,361,869$2,315,777,965
83$3,311,832,398$222,165,355$96,313,706$2,548,335,303
84$3,649,457,980$232,870,135$99,358,893$2,804,447,329
85$4,021,515,660$244,093,737$102,500,381$3,086,508,881
86$4,431,517,331$255,861,404$105,741,218$3,397,158,706
87$4,883,333,095$268,199,610$109,084,546$3,739,304,321
88$5,381,227,799$281,136,119$112,533,606$4,116,149,403
89$5,929,901,297$294,700,051$116,091,744$4,531,223,986
90$6,534,532,822$308,921,946$119,762,410$4,988,417,724
91$7,200,829,882$323,833,834$123,549,164$5,492,016,553
92$7,935,082,146$339,469,308$127,455,677$6,046,743,089
93$8,744,220,821$355,863,600$131,485,738$6,657,801,145
94$9,635,884,090$373,053,662$135,643,255$7,330,924,793
95$10,618,489,224$391,078,248$139,932,261$8,072,432,418
96$11,701,312,048$409,978,005$144,356,915$8,889,286,297
97$12,894,574,513$429,795,563$148,921,507$9,789,158,246
98$14,209,541,201$450,575,634$153,630,466$10,780,501,962
99$15,658,625,675$472,365,111$158,488,357$11,872,632,744
100$17,255,507,669$495,213,177$163,499,893$13,075,815,347