Can I retire at age 30 with 18,300,000?

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 $18,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$1,511,197$1,497,736$1,484,603$1,471,784$1,459,268$1,439,839
2 years$748,117$734,184$720,681$707,589$694,889$675,347
3 years$493,791$479,798$466,328$453,359$440,866$421,817
4 years$366,652$352,702$339,368$326,620$314,430$296,020
5 years$290,389$276,523$263,363$250,875$239,024$221,308
6 years$239,564$225,802$212,837$200,627$189,132$172,130
7 years$203,274$189,628$176,868$164,946$153,815$137,534
8 years$176,069$162,546$149,998$138,369$127,604$112,042
9 years$154,921$141,526$129,193$117,860$107,461$92,611
10 years$138,012$124,748$112,634$101,597$91,562$77,413
11 years$124,187$111,056$99,161$88,419$78,747$65,285
12 years$112,674$99,678$88,003$77,556$68,240$55,451
13 years$102,940$90,079$78,625$68,470$59,507$47,374
14 years$94,604$81,880$70,645$60,780$52,163$40,667
15 years$87,386$74,799$63,783$54,205$45,929$35,051
16 years$81,076$68,626$57,828$48,535$40,592$30,312
17 years$75,514$63,202$52,621$43,608$35,992$26,288
18 years$70,576$58,402$48,037$39,300$32,002$22,854
19 years$66,163$54,126$43,975$35,511$28,524$19,910
20 years$62,196$50,297$40,358$32,162$25,478$17,376
21 years$58,611$46,849$37,122$29,189$22,800$15,188
22 years$55,357$43,732$34,214$26,539$20,437$13,293
23 years$52,390$40,902$31,590$24,170$18,346$11,648
24 years$49,675$38,322$29,216$22,044$16,489$10,217
25 years$47,180$35,964$27,059$20,132$14,838$8,969
26 years$44,881$33,800$25,096$18,408$13,365$7,880
27 years$42,756$31,810$23,304$16,849$12,050$6,928
28 years$40,787$29,974$21,664$15,437$10,873$6,094
29 years$38,956$28,277$20,160$14,156$9,818$5,363
30 years$37,251$26,705$18,779$12,992$8,871$4,722
31 years$35,659$25,245$17,507$11,932$8,020$4,160
32 years$34,169$23,887$16,334$10,966$7,255$3,665
33 years$32,773$22,621$15,251$10,084$6,566$3,231
34 years$31,461$21,440$14,250$9,278$5,945$2,848
35 years$30,227$20,335$13,323$8,541$5,384$2,512
36 years$29,065$19,301$12,463$7,866$4,878$2,215
37 years$27,967$18,332$11,665$7,248$4,421$1,954
38 years$26,930$17,422$10,924$6,680$4,008$1,724
39 years$25,949$16,566$10,235$6,160$3,635$1,522
40 years$25,019$15,761$9,593$5,681$3,297$1,343
41 years$24,137$15,003$8,995$5,242$2,991$1,185
42 years$23,299$14,289$8,438$4,838$2,714$1,046
43 years$22,502$13,614$7,918$4,466$2,463$924
44 years$21,743$12,977$7,432$4,123$2,236$816
45 years$21,020$12,375$6,978$3,808$2,030$720
46 years$20,331$11,805$6,554$3,517$1,843$636
47 years$19,673$11,266$6,158$3,250$1,674$562
48 years$19,044$10,755$5,786$3,003$1,520$496
49 years$18,443$10,270$5,439$2,775$1,380$438
50 years$17,867$9,810$5,113$2,565$1,254$387

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $18,300,000, adding $3,339 every year, while hoping to spend $52,573 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: 66/28/6 Blend
29$18,300,000$18,300,000$18,300,000$18,300,000
30$20,170,044$19,200,144$18,916,494$21,482,269
31$22,171,451$20,085,014$19,494,259$23,238,595
32$24,375,240$21,011,480$20,089,618$25,150,641
33$26,801,998$21,981,526$20,703,103$27,238,785
34$29,474,410$22,997,229$21,335,266$29,520,172
35$32,417,474$24,060,768$21,986,672$32,013,659
36$35,658,737$25,174,426$22,657,905$34,739,986
37$39,228,550$26,340,595$23,349,567$37,721,971
38$43,160,362$27,561,784$24,062,277$40,984,715
39$47,491,029$28,840,622$24,796,674$44,555,838
40$52,261,167$30,179,864$25,553,415$48,465,730
41$57,515,529$31,582,401$26,333,177$52,747,832
42$63,303,433$33,051,259$27,136,659$57,438,947
43$69,679,225$34,589,612$27,964,579$62,579,579
44$76,702,791$36,200,789$28,817,678$68,214,307
45$84,440,125$37,888,276$29,696,719$74,392,201
46$92,963,946$39,655,729$30,602,487$81,167,275
47$102,354,391$41,506,983$31,535,793$88,598,991
48$112,699,767$43,446,053$32,497,470$96,752,808
49$124,097,386$45,477,153$33,488,379$105,700,793
50$136,654,483$47,604,697$34,509,403$115,522,293
51$150,489,228$49,833,315$35,561,456$126,304,671
52$165,731,840$52,167,858$36,645,475$138,144,122
53$182,525,819$54,613,415$37,762,430$151,146,571
54$201,029,298$57,175,317$38,913,317$165,428,659
55$221,416,536$59,859,158$40,099,163$181,118,835
56$243,879,563$62,670,797$41,321,025$198,358,554
57$268,629,993$65,616,380$42,579,994$217,303,600
58$295,901,020$68,702,350$43,877,191$238,125,542
59$325,949,622$71,935,463$45,213,774$261,013,340
60$359,058,981$75,322,798$46,590,934$286,175,114
61$395,541,164$78,871,782$48,009,897$313,840,092
62$435,740,061$82,590,199$49,471,927$344,260,759
63$480,034,638$86,486,209$50,978,327$377,715,221
64$528,842,508$90,568,370$52,530,438$414,509,815
65$582,623,877$94,845,653$54,129,641$454,981,978
66$641,885,888$99,327,466$55,777,360$499,503,417
67$707,187,407$104,023,670$57,475,059$548,483,594
68$779,144,300$108,944,607$59,224,251$602,373,573
69$858,435,244$114,101,119$61,026,489$661,670,251
70$945,808,139$119,504,573$62,883,377$726,921,029
71$1,042,087,163$125,166,891$64,796,563$798,728,952
72$1,148,180,555$131,100,570$66,767,750$877,758,377
73$1,265,089,189$137,318,715$68,798,687$964,741,219
74$1,393,916,021$143,835,068$70,891,178$1,060,483,827
75$1,535,876,504$150,664,035$73,047,081$1,165,874,573
76$1,692,310,059$157,820,724$75,268,310$1,281,892,200
77$1,864,692,723$165,320,977$77,556,836$1,409,615,036
78$2,054,651,080$173,181,404$79,914,689$1,550,231,132
79$2,263,977,620$181,419,423$82,343,961$1,705,049,450
80$2,494,647,659$190,053,296$84,846,805$1,875,512,174
81$2,748,837,988$199,102,176$87,425,441$2,063,208,291
82$3,028,947,424$208,586,143$90,082,154$2,269,888,549
83$3,337,619,452$218,526,255$92,819,297$2,497,481,941
84$3,677,767,188$228,944,594$95,639,296$2,748,113,869
85$4,052,600,876$239,864,313$98,544,647$3,024,126,164
86$4,465,658,194$251,309,694$101,537,922$3,328,099,145
87$4,920,837,659$263,306,198$104,621,771$3,662,875,921
88$5,422,435,422$275,880,523$107,798,922$4,031,589,183
89$5,975,185,835$289,060,669$111,072,186$4,437,690,718
90$6,584,306,143$302,875,995$114,444,457$4,884,983,937
91$7,255,545,740$317,357,289$117,918,717$5,377,659,718
92$7,995,240,448$332,536,838$121,498,036$5,920,335,904
93$8,810,372,331$348,448,501$125,185,578$6,518,100,834
94$9,708,635,613$365,127,781$128,984,599$7,176,561,300
95$10,698,509,316$382,611,913$132,898,454$7,901,895,412
96$11,789,337,313$400,939,943$136,930,598$8,700,910,838
97$12,991,416,536$420,152,818$141,084,591$9,581,108,992
98$14,316,094,196$440,293,479$145,364,097$10,550,755,768
99$15,775,874,901$461,406,957$149,772,892$11,618,959,480
100$17,384,538,720$483,540,477$154,314,863$12,795,756,759