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%11.4%
1 years$1,511,197$1,497,736$1,484,603$1,471,784$1,459,268$1,450,679
2 years$748,117$734,184$720,681$707,589$694,889$686,225
3 years$493,791$479,798$466,328$453,359$440,866$432,394
4 years$366,652$352,702$339,368$326,620$314,430$306,214
5 years$290,389$276,523$263,363$250,875$239,024$231,091
6 years$239,564$225,802$212,837$200,627$189,132$181,490
7 years$203,274$189,628$176,868$164,946$153,815$146,468
8 years$176,069$162,546$149,998$138,369$127,604$120,553
9 years$154,921$141,526$129,193$117,860$107,461$100,704
10 years$138,012$124,748$112,634$101,597$91,562$85,096
11 years$124,187$111,056$99,161$88,419$78,747$72,567
12 years$112,674$99,678$88,003$77,556$68,240$62,341
13 years$102,940$90,079$78,625$68,470$59,507$53,883
14 years$94,604$81,880$70,645$60,780$52,163$46,808
15 years$87,386$74,799$63,783$54,205$45,929$40,836
16 years$81,076$68,626$57,828$48,535$40,592$35,753
17 years$75,514$63,202$52,621$43,608$35,992$31,400
18 years$70,576$58,402$48,037$39,300$32,002$27,649
19 years$66,163$54,126$43,975$35,511$28,524$24,402
20 years$62,196$50,297$40,358$32,162$25,478$21,579
21 years$58,611$46,849$37,122$29,189$22,800$19,116
22 years$55,357$43,732$34,214$26,539$20,437$16,959
23 years$52,390$40,902$31,590$24,170$18,346$15,065
24 years$49,675$38,322$29,216$22,044$16,489$13,399
25 years$47,180$35,964$27,059$20,132$14,838$11,929
26 years$44,881$33,800$25,096$18,408$13,365$10,630
27 years$42,756$31,810$23,304$16,849$12,050$9,479
28 years$40,787$29,974$21,664$15,437$10,873$8,460
29 years$38,956$28,277$20,160$14,156$9,818$7,554
30 years$37,251$26,705$18,779$12,992$8,871$6,750
31 years$35,659$25,245$17,507$11,932$8,020$6,034
32 years$34,169$23,887$16,334$10,966$7,255$5,396
33 years$32,773$22,621$15,251$10,084$6,566$4,828
34 years$31,461$21,440$14,250$9,278$5,945$4,321
35 years$30,227$20,335$13,323$8,541$5,384$3,868
36 years$29,065$19,301$12,463$7,866$4,878$3,464
37 years$27,967$18,332$11,665$7,248$4,421$3,103
38 years$26,930$17,422$10,924$6,680$4,008$2,780
39 years$25,949$16,566$10,235$6,160$3,635$2,491
40 years$25,019$15,761$9,593$5,681$3,297$2,233
41 years$24,137$15,003$8,995$5,242$2,991$2,002
42 years$23,299$14,289$8,438$4,838$2,714$1,795
43 years$22,502$13,614$7,918$4,466$2,463$1,609
44 years$21,743$12,977$7,432$4,123$2,236$1,443
45 years$21,020$12,375$6,978$3,808$2,030$1,294
46 years$20,331$11,805$6,554$3,517$1,843$1,161
47 years$19,673$11,266$6,158$3,250$1,674$1,041
48 years$19,044$10,755$5,786$3,003$1,520$934
49 years$18,443$10,270$5,439$2,775$1,380$838
50 years$17,867$9,810$5,113$2,565$1,254$752

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 $4,460 every year, while hoping to spend $38,989 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: 60/31/9 Blend
29$18,300,000$18,300,000$18,300,000$18,300,000
30$20,171,200$19,201,300$18,917,650$21,340,529
31$22,187,179$20,100,680$19,509,908$23,024,711
32$24,407,480$21,042,823$20,120,699$24,856,066
33$26,852,905$22,029,782$20,750,604$26,852,628
34$29,546,372$23,063,713$21,400,220$29,030,307
35$32,513,139$24,146,872$22,070,164$31,406,594
36$35,781,037$25,281,626$22,761,072$34,000,721
37$39,380,734$26,470,457$23,473,600$36,833,834
38$43,346,026$27,715,967$24,208,423$39,929,187
39$47,714,155$29,020,883$24,966,239$43,312,356
40$52,526,158$30,388,066$25,747,767$47,011,474
41$57,827,258$31,820,513$26,553,749$51,057,484
42$63,667,288$33,321,368$27,384,949$55,484,431
43$70,101,163$34,893,926$28,242,157$60,329,768
44$77,189,397$36,541,645$29,126,185$65,634,709
45$84,998,676$38,268,145$30,037,873$71,444,601
46$93,602,484$40,077,228$30,978,084$77,809,348
47$103,081,800$41,972,874$31,947,712$84,783,872
48$113,525,859$43,959,261$32,947,676$92,428,619
49$125,032,998$46,040,766$33,978,925$100,810,122
50$137,711,582$48,221,982$35,042,438$110,001,615
51$151,681,026$50,507,722$36,139,222$120,083,715
52$167,072,924$52,903,033$37,270,319$131,145,171
53$184,032,288$55,413,208$38,436,801$143,283,686
54$202,718,923$58,043,796$39,639,774$156,606,830
55$223,308,927$60,800,616$40,880,381$171,233,038
56$245,996,362$63,689,770$42,159,797$187,292,717
57$270,995,077$66,717,655$43,479,237$204,929,458
58$298,540,734$69,890,979$44,839,951$224,301,379
59$328,893,029$73,216,777$46,243,229$245,582,598
60$362,338,144$76,702,426$47,690,404$268,964,863
61$399,191,449$80,355,659$49,182,846$294,659,337
62$439,800,477$84,184,587$50,721,972$322,898,581
63$484,548,209$88,197,715$52,309,241$353,938,722
64$533,856,684$92,403,960$53,946,159$388,061,852
65$588,190,987$96,812,676$55,634,276$425,578,672
66$648,063,638$101,433,667$57,375,195$466,831,398
67$714,039,430$106,277,218$59,170,565$512,196,970
68$786,740,762$111,354,111$61,022,089$562,090,582
69$866,853,513$116,675,656$62,931,522$616,969,579
70$955,133,518$122,253,710$64,900,675$677,337,744
71$1,052,413,704$128,100,709$66,931,414$743,750,025
72$1,159,611,950$134,229,692$69,025,665$816,817,745
73$1,277,739,757$140,654,335$71,185,413$897,214,340
74$1,407,911,793$147,388,978$73,412,705$985,681,682
75$1,551,356,418$154,448,660$75,709,653$1,083,037,051
76$1,709,427,280$161,849,152$78,078,434$1,190,180,809
77$1,883,616,094$169,606,992$80,521,293$1,308,104,866
78$2,075,566,725$177,739,523$83,040,545$1,437,902,001
79$2,287,090,706$186,264,935$85,638,579$1,580,776,138
80$2,520,184,343$195,202,302$88,317,856$1,738,053,666
81$2,777,047,558$204,571,627$91,080,916$1,911,195,915
82$3,060,104,660$214,393,888$93,930,378$2,101,812,903
83$3,372,027,231$224,691,084$96,868,941$2,311,678,488
84$3,715,759,349$235,486,288$99,899,391$2,542,747,054
85$4,094,545,382$246,803,695$103,024,600$2,797,171,915
86$4,511,960,615$258,668,680$106,247,528$3,077,325,576
87$4,971,945,007$271,107,855$109,571,230$3,385,822,077
88$5,478,840,386$284,149,128$112,998,854$3,725,541,603
89$6,037,431,439$297,821,769$116,533,650$4,099,657,610
90$6,652,990,884$312,156,473$120,178,965$4,511,666,713
91$7,331,329,247$327,185,433$123,938,253$4,965,421,624
92$8,078,849,722$342,942,411$127,815,076$5,465,167,443
93$8,902,608,619$359,462,815$131,813,107$6,015,581,661
94$9,810,381,985$376,783,780$135,936,133$6,621,818,228
95$10,810,739,014$394,944,252$140,188,060$7,289,556,125
96$11,913,122,949$413,985,076$144,572,915$8,025,052,880
97$13,127,940,235$433,949,089$149,094,853$8,835,203,554
98$14,466,658,764$454,881,220$153,758,156$9,727,605,726
99$15,941,916,145$476,828,587$158,567,241$10,710,631,117
100$17,567,639,012$499,840,608$163,526,664$11,793,504,511