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%12.5%
1 years$1,511,197$1,497,736$1,484,603$1,471,784$1,459,268$1,444,028
2 years$748,117$734,184$720,681$707,589$694,889$679,543
3 years$493,791$479,798$466,328$453,359$440,866$425,888
4 years$366,652$352,702$339,368$326,620$314,430$299,936
5 years$290,389$276,523$263,363$250,875$239,024$225,058
6 years$239,564$225,802$212,837$200,627$189,132$175,709
7 years$203,274$189,628$176,868$164,946$153,815$140,942
8 years$176,069$162,546$149,998$138,369$127,604$115,280
9 years$154,921$141,526$129,193$117,860$107,461$95,681
10 years$138,012$124,748$112,634$101,597$91,562$80,319
11 years$124,187$111,056$99,161$88,419$78,747$68,031
12 years$112,674$99,678$88,003$77,556$68,240$58,042
13 years$102,940$90,079$78,625$68,470$59,507$49,813
14 years$94,604$81,880$70,645$60,780$52,163$42,961
15 years$87,386$74,799$63,783$54,205$45,929$37,204
16 years$81,076$68,626$57,828$48,535$40,592$32,329
17 years$75,514$63,202$52,621$43,608$35,992$28,177
18 years$70,576$58,402$48,037$39,300$32,002$24,619
19 years$66,163$54,126$43,975$35,511$28,524$21,557
20 years$62,196$50,297$40,358$32,162$25,478$18,911
21 years$58,611$46,849$37,122$29,189$22,800$16,616
22 years$55,357$43,732$34,214$26,539$20,437$14,620
23 years$52,390$40,902$31,590$24,170$18,346$12,880
24 years$49,675$38,322$29,216$22,044$16,489$11,359
25 years$47,180$35,964$27,059$20,132$14,838$10,027
26 years$44,881$33,800$25,096$18,408$13,365$8,858
27 years$42,756$31,810$23,304$16,849$12,050$7,831
28 years$40,787$29,974$21,664$15,437$10,873$6,927
29 years$38,956$28,277$20,160$14,156$9,818$6,132
30 years$37,251$26,705$18,779$12,992$8,871$5,430
31 years$35,659$25,245$17,507$11,932$8,020$4,810
32 years$34,169$23,887$16,334$10,966$7,255$4,263
33 years$32,773$22,621$15,251$10,084$6,566$3,780
34 years$31,461$21,440$14,250$9,278$5,945$3,352
35 years$30,227$20,335$13,323$8,541$5,384$2,973
36 years$29,065$19,301$12,463$7,866$4,878$2,638
37 years$27,967$18,332$11,665$7,248$4,421$2,341
38 years$26,930$17,422$10,924$6,680$4,008$2,078
39 years$25,949$16,566$10,235$6,160$3,635$1,845
40 years$25,019$15,761$9,593$5,681$3,297$1,638
41 years$24,137$15,003$8,995$5,242$2,991$1,455
42 years$23,299$14,289$8,438$4,838$2,714$1,292
43 years$22,502$13,614$7,918$4,466$2,463$1,147
44 years$21,743$12,977$7,432$4,123$2,236$1,019
45 years$21,020$12,375$6,978$3,808$2,030$905
46 years$20,331$11,805$6,554$3,517$1,843$804
47 years$19,673$11,266$6,158$3,250$1,674$715
48 years$19,044$10,755$5,786$3,003$1,520$635
49 years$18,443$10,270$5,439$2,775$1,380$564
50 years$17,867$9,810$5,113$2,565$1,254$501

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 $3,620 every year, while hoping to spend $48,193 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: 76/17/7 Blend
29$18,300,000$18,300,000$18,300,000$18,300,000
30$20,170,334$19,200,434$18,916,784$21,685,277
31$22,176,431$20,089,978$19,499,219$23,571,044
32$24,385,535$21,021,495$20,099,551$25,630,903
33$26,818,301$21,996,990$20,718,328$27,887,266
34$29,497,491$23,018,566$21,356,115$30,359,611
35$32,448,185$24,088,426$22,013,495$33,069,379
36$35,698,022$25,208,880$22,691,069$36,040,173
37$39,277,456$26,382,351$23,389,455$39,297,977
38$43,220,047$27,611,376$24,109,292$42,871,396
39$47,562,775$28,898,617$24,851,237$46,791,924
40$52,346,391$30,246,863$25,615,966$51,094,238
41$57,615,801$31,659,037$26,404,179$55,816,518
42$63,420,487$33,138,205$27,216,594$61,000,808
43$69,814,981$34,687,580$28,053,953$66,693,403
44$76,859,369$36,310,531$28,917,021$72,945,285
45$84,619,867$38,010,590$29,806,584$79,812,598
46$93,169,442$39,791,458$30,723,453$87,357,171
47$102,588,502$41,657,017$31,668,466$95,647,102
48$112,965,654$43,611,335$32,642,484$104,757,386
49$124,398,538$45,658,677$33,646,394$114,770,627
50$136,994,753$47,803,517$34,681,113$125,777,805
51$150,872,871$50,050,543$35,747,584$137,879,129
52$166,163,554$52,404,669$36,846,777$151,184,978
53$183,010,788$54,871,049$37,979,696$165,816,937
54$201,573,244$57,455,086$39,147,372$181,908,935
55$222,025,774$60,162,445$40,350,868$199,608,499
56$244,561,063$62,999,065$41,591,282$219,078,146
57$269,391,444$65,971,171$42,869,742$240,496,901
58$296,750,905$69,085,293$44,187,413$264,061,985
59$326,897,301$72,348,275$45,545,494$289,990,661
60$360,114,779$75,767,294$46,945,222$318,522,280
61$396,716,470$79,349,875$48,387,870$349,920,528
62$437,047,437$83,103,907$49,874,751$384,475,906
63$481,487,939$87,037,661$51,407,218$422,508,461
64$530,457,014$91,159,812$52,986,666$464,370,793
65$584,416,441$95,479,454$54,614,530$510,451,378
66$643,875,092$100,006,121$56,292,291$561,178,214
67$709,393,743$104,749,813$58,021,474$617,022,857
68$781,590,363$109,721,012$59,803,652$678,504,851
69$861,145,950$114,930,712$61,640,444$746,196,624
70$948,810,958$120,390,438$63,533,520$820,728,872
71$1,045,412,383$126,112,276$65,484,600$902,796,501
72$1,151,861,568$132,108,900$67,495,457$993,165,168
73$1,269,162,810$138,393,597$69,567,916$1,092,678,494
74$1,398,422,836$144,980,303$71,703,861$1,202,266,008
75$1,540,861,255$151,883,628$73,905,230$1,322,951,901
76$1,697,822,071$159,118,894$76,174,023$1,455,864,682
77$1,870,786,368$166,702,166$78,512,299$1,602,247,803
78$2,061,386,297$174,650,291$80,922,181$1,763,471,381
79$2,271,420,480$182,980,936$83,405,854$1,941,045,107
80$2,502,870,992$191,712,625$85,965,573$2,136,632,476
81$2,757,922,074$200,864,784$88,603,660$2,352,066,466
82$3,038,980,750$210,457,783$91,322,508$2,589,366,815
83$3,348,699,556$220,512,984$94,124,581$2,850,759,062
84$3,690,001,577$231,052,787$97,012,421$3,138,695,529
85$4,066,108,047$242,100,682$99,988,646$3,455,878,443
86$4,480,568,755$253,681,303$103,055,953$3,805,285,412
87$4,937,295,563$265,820,481$106,217,122$4,190,197,507
88$5,440,599,332$278,545,307$109,475,018$4,614,230,199
89$5,995,230,623$291,884,186$112,832,590$5,081,367,459
90$6,606,424,547$305,866,911$116,292,882$5,595,999,328
91$7,279,950,183$320,524,722$119,859,026$6,162,963,327
92$8,022,165,049$335,890,381$123,534,251$6,787,590,080
93$8,840,075,121$351,998,246$127,321,885$7,475,753,600
94$9,741,400,970$368,884,347$131,225,355$8,233,926,694
95$10,734,650,659$386,586,470$135,248,194$9,069,242,031
96$11,829,200,060$405,144,241$139,394,043$9,989,559,421
97$13,035,381,373$424,599,216$143,666,650$11,003,539,972
98$14,364,580,673$444,994,977$148,069,882$12,120,727,799
99$15,829,345,398$466,377,227$152,607,720$13,351,640,077
100$17,443,502,816$488,793,899$157,284,266$14,707,866,261