Can I retire at age 30 with 18,400,000?

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 $18,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$1,519,455$1,505,920$1,492,716$1,479,827$1,467,242$1,411,257
2 years$752,205$738,196$724,619$711,455$698,687$642,942
3 years$496,489$482,419$468,877$455,836$443,275$389,525
4 years$368,656$354,629$341,222$328,404$316,148$264,800
5 years$291,976$278,034$264,802$252,246$240,331$191,519
6 years$240,873$227,035$214,000$201,723$190,165$143,922
7 years$204,385$190,664$177,835$165,848$154,655$110,967
8 years$177,031$163,434$150,818$139,126$128,302$87,127
9 years$155,768$142,299$129,899$118,504$108,048$69,328
10 years$138,767$125,430$113,249$102,152$92,063$55,724
11 years$124,866$111,663$99,703$88,903$79,177$45,140
12 years$113,290$100,222$88,484$77,980$68,613$36,789
13 years$103,503$90,572$79,054$68,844$59,832$30,129
14 years$95,121$82,327$71,031$61,112$52,448$24,770
15 years$87,863$75,207$64,131$54,501$46,180$20,428
16 years$81,519$69,001$58,144$48,800$40,814$16,890
17 years$75,927$63,548$52,909$43,846$36,188$13,994
18 years$70,962$58,721$48,299$39,514$32,177$11,614
19 years$66,524$54,422$44,216$35,705$28,680$9,652
20 years$62,536$50,571$40,579$32,337$25,617$8,031
21 years$58,932$47,105$37,325$29,348$22,925$6,689
22 years$55,660$43,971$34,400$26,684$20,549$5,575
23 years$52,677$41,125$31,763$24,302$18,446$4,650
24 years$49,946$38,532$29,375$22,165$16,580$3,881
25 years$47,438$36,160$27,207$20,242$14,919$3,240
26 years$45,127$33,985$25,233$18,508$13,439$2,706
27 years$42,990$31,984$23,431$16,941$12,116$2,261
28 years$41,010$30,138$21,783$15,522$10,932$1,889
29 years$39,169$28,432$20,270$14,234$9,872$1,579
30 years$37,454$26,851$18,881$13,063$8,920$1,320
31 years$35,854$25,383$17,602$11,997$8,064$1,104
32 years$34,356$24,017$16,423$11,026$7,295$923
33 years$32,952$22,745$15,335$10,139$6,602$772
34 years$31,633$21,557$14,328$9,329$5,977$646
35 years$30,392$20,446$13,395$8,588$5,414$540
36 years$29,223$19,407$12,531$7,909$4,905$452
37 years$28,120$18,432$11,729$7,287$4,446$378
38 years$27,078$17,517$10,984$6,717$4,030$316
39 years$26,091$16,657$10,290$6,193$3,655$265
40 years$25,156$15,848$9,645$5,712$3,315$221
41 years$24,269$15,085$9,044$5,270$3,008$185
42 years$23,426$14,367$8,484$4,864$2,729$155
43 years$22,625$13,689$7,961$4,490$2,477$130
44 years$21,862$13,048$7,473$4,146$2,248$109
45 years$21,135$12,443$7,017$3,829$2,041$91
46 years$20,442$11,870$6,590$3,537$1,853$76
47 years$19,780$11,327$6,191$3,267$1,683$64
48 years$19,148$10,813$5,818$3,019$1,528$53
49 years$18,543$10,326$5,469$2,790$1,388$45
50 years$17,965$9,864$5,141$2,579$1,261$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $18,400,000, adding $5,591 every year, while hoping to spend $34,575 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: 75/16/9 Blend
29$18,400,000$18,400,000$18,400,000$18,400,000
30$20,282,567$19,307,367$19,022,167$21,772,933
31$22,314,601$20,216,641$19,622,622$23,664,591
32$24,552,744$21,169,310$20,242,034$25,732,028
33$27,017,983$22,167,464$20,881,000$27,996,615
34$29,733,442$23,213,295$21,540,139$30,477,893
35$32,724,607$24,309,100$22,220,087$33,197,367
36$36,019,559$25,457,288$22,921,502$36,178,713
37$39,649,242$26,660,384$23,645,061$39,447,994
38$43,647,758$27,921,035$24,391,463$43,033,903
39$48,052,682$29,242,019$25,161,430$46,968,031
40$52,905,423$30,626,246$25,955,706$51,285,160
41$58,251,612$32,076,768$26,775,058$56,023,586
42$64,141,533$33,596,785$27,620,278$61,225,481
43$70,630,595$35,189,653$28,492,183$66,937,281
44$77,779,860$36,858,891$29,391,616$73,210,121
45$85,656,616$38,608,187$30,319,445$80,100,315
46$94,335,012$40,441,409$31,276,568$87,669,881
47$103,896,759$42,362,614$32,263,909$95,987,119
48$114,431,902$44,376,055$33,282,423$105,127,253
49$126,039,665$46,486,191$34,333,094$115,173,134
50$138,829,395$48,697,699$35,416,936$126,216,016
51$152,921,589$51,015,482$36,534,999$138,356,410
52$168,449,032$53,444,681$37,688,362$151,705,027
53$185,558,051$55,990,688$38,878,141$166,383,814
54$204,409,898$58,659,157$40,105,484$182,527,103
55$225,182,268$61,456,017$41,371,578$200,282,864
56$248,070,980$64,387,483$42,677,647$219,814,099
57$273,291,825$67,460,074$44,024,953$241,300,371
58$301,082,601$70,680,628$45,414,799$264,939,488
59$331,705,359$74,056,311$46,848,527$290,949,364
60$365,448,876$77,594,641$48,327,523$319,570,065
61$402,631,384$81,303,501$49,853,218$351,066,064
62$443,603,569$85,191,156$51,427,085$385,728,729
63$488,751,886$89,266,276$53,050,645$423,879,061
64$538,502,206$93,537,951$54,725,469$465,870,715
65$593,323,833$98,015,713$56,453,174$512,093,322
66$653,733,940$102,709,559$58,235,432$562,976,157
67$720,302,447$107,629,972$60,073,964$618,992,181
68$793,657,402$112,787,946$61,970,547$680,662,486
69$874,490,912$118,195,010$63,927,015$748,561,203
70$963,565,674$123,863,255$65,945,260$823,320,909
71$1,061,722,178$129,805,360$68,027,231$905,638,576
72$1,169,886,639$136,034,621$70,174,941$996,282,141
73$1,289,079,741$142,564,983$72,390,468$1,096,097,734
74$1,420,426,277$149,411,069$74,675,951$1,206,017,650
75$1,565,165,763$156,588,217$77,033,600$1,327,069,128
76$1,724,664,140$164,112,509$79,465,695$1,460,384,032
77$1,900,426,673$172,000,813$81,974,587$1,607,209,511
78$2,094,112,158$180,270,817$84,562,700$1,768,919,757
79$2,307,548,585$188,941,073$87,232,537$1,947,028,949
80$2,542,750,392$198,031,037$89,986,678$2,143,205,528
81$2,801,937,487$207,561,113$92,827,787$2,359,287,918
82$3,087,556,201$217,552,699$95,758,609$2,597,301,861
83$3,402,302,390$228,028,237$98,781,978$2,859,479,511
84$3,749,146,876$239,011,263$101,900,817$3,148,280,476
85$4,131,363,503$250,526,461$105,118,140$3,466,415,013
86$4,552,560,042$262,599,719$108,437,059$3,816,869,577
87$5,016,712,247$275,258,186$111,860,782$4,202,934,987
88$5,528,201,397$288,530,337$115,392,618$4,628,237,456
89$6,091,855,651$302,446,036$119,035,983$5,096,772,788
90$6,712,995,637$317,036,602$122,794,398$5,612,944,068
91$7,397,484,680$332,334,882$126,671,497$6,181,603,184
92$8,151,784,154$348,375,329$130,671,030$6,808,096,596
93$8,983,014,490$365,194,072$134,796,861$7,498,315,762
94$9,899,022,393$382,829,007$139,052,982$8,258,752,717
95$10,908,454,926$401,319,877$143,443,505$9,096,561,312
96$12,020,841,143$420,708,365$147,972,677$10,019,624,702
97$13,246,682,055$441,038,190$152,644,877$11,036,629,717
98$14,597,549,765$462,355,202$157,464,621$12,157,148,820
99$16,086,196,725$484,707,491$162,436,570$13,391,730,415
100$17,726,676,128$508,145,495$167,565,531$14,751,998,380