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%19.9%
1 years$1,519,455$1,505,920$1,492,716$1,479,827$1,467,242$1,409,027
2 years$752,205$738,196$724,619$711,455$698,687$640,758
3 years$496,489$482,419$468,877$455,836$443,275$387,457
4 years$368,656$354,629$341,222$328,404$316,148$262,864
5 years$291,976$278,034$264,802$252,246$240,331$189,717
6 years$240,873$227,035$214,000$201,723$190,165$142,255
7 years$204,385$190,664$177,835$165,848$154,655$109,430
8 years$177,031$163,434$150,818$139,126$128,302$85,716
9 years$155,768$142,299$129,899$118,504$108,048$68,037
10 years$138,767$125,430$113,249$102,152$92,063$54,548
11 years$124,866$111,663$99,703$88,903$79,177$44,072
12 years$113,290$100,222$88,484$77,980$68,613$35,823
13 years$103,503$90,572$79,054$68,844$59,832$29,257
14 years$95,121$82,327$71,031$61,112$52,448$23,986
15 years$87,863$75,207$64,131$54,501$46,180$19,725
16 years$81,519$69,001$58,144$48,800$40,814$16,261
17 years$75,927$63,548$52,909$43,846$36,188$13,433
18 years$70,962$58,721$48,299$39,514$32,177$11,115
19 years$66,524$54,422$44,216$35,705$28,680$9,210
20 years$62,536$50,571$40,579$32,337$25,617$7,639
21 years$58,932$47,105$37,325$29,348$22,925$6,343
22 years$55,660$43,971$34,400$26,684$20,549$5,270
23 years$52,677$41,125$31,763$24,302$18,446$4,382
24 years$49,946$38,532$29,375$22,165$16,580$3,645
25 years$47,438$36,160$27,207$20,242$14,919$3,034
26 years$45,127$33,985$25,233$18,508$13,439$2,526
27 years$42,990$31,984$23,431$16,941$12,116$2,103
28 years$41,010$30,138$21,783$15,522$10,932$1,752
29 years$39,169$28,432$20,270$14,234$9,872$1,460
30 years$37,454$26,851$18,881$13,063$8,920$1,216
31 years$35,854$25,383$17,602$11,997$8,064$1,014
32 years$34,356$24,017$16,423$11,026$7,295$845
33 years$32,952$22,745$15,335$10,139$6,602$704
34 years$31,633$21,557$14,328$9,329$5,977$587
35 years$30,392$20,446$13,395$8,588$5,414$490
36 years$29,223$19,407$12,531$7,909$4,905$408
37 years$28,120$18,432$11,729$7,287$4,446$340
38 years$27,078$17,517$10,984$6,717$4,030$284
39 years$26,091$16,657$10,290$6,193$3,655$237
40 years$25,156$15,848$9,645$5,712$3,315$197
41 years$24,269$15,085$9,044$5,270$3,008$165
42 years$23,426$14,367$8,484$4,864$2,729$137
43 years$22,625$13,689$7,961$4,490$2,477$114
44 years$21,862$13,048$7,473$4,146$2,248$95
45 years$21,135$12,443$7,017$3,829$2,041$80
46 years$20,442$11,870$6,590$3,537$1,853$66
47 years$19,780$11,327$6,191$3,267$1,683$55
48 years$19,148$10,813$5,818$3,019$1,528$46
49 years$18,543$10,326$5,469$2,790$1,388$39
50 years$17,965$9,864$5,141$2,579$1,261$32

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 $3,995 every year, while hoping to spend $59,022 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: 53/17/30 Blend
29$18,400,000$18,400,000$18,400,000$18,400,000
30$20,280,921$19,305,721$19,020,521$21,185,078
31$22,286,776$20,188,902$19,594,909$22,697,052
32$24,495,250$21,113,381$20,186,562$24,335,381
33$26,926,948$22,081,119$20,795,994$26,117,317
34$29,604,574$23,094,172$21,423,737$28,056,654
35$32,553,147$24,154,693$22,070,339$30,168,556
36$35,800,235$25,264,940$22,736,363$32,469,704
37$39,376,217$26,427,279$23,422,388$34,978,441
38$43,314,565$27,644,190$24,129,012$37,714,946
39$47,652,167$28,918,272$24,856,851$40,701,417
40$52,429,670$30,252,249$25,606,537$43,962,277
41$57,691,862$31,648,976$26,378,722$47,524,397
42$63,488,101$33,111,444$27,174,078$51,417,346
43$69,872,774$34,642,791$27,993,296$55,673,663
44$76,905,813$36,246,304$28,837,088$60,329,160
45$84,653,262$37,925,429$29,706,186$65,423,252
46$93,187,897$39,683,777$30,601,346$70,999,322
47$102,589,914$41,525,135$31,523,343$77,105,127
48$112,947,689$43,453,469$32,472,978$83,793,238
49$124,358,604$45,472,941$33,451,074$91,121,532
50$136,929,976$47,587,909$34,458,479$99,153,726
51$150,780,062$49,802,945$35,496,067$107,959,977
52$166,039,179$52,122,840$36,564,735$117,617,530
53$182,850,931$54,552,615$37,665,410$128,211,443
54$201,373,569$57,097,535$38,799,043$139,835,377
55$221,781,478$59,763,120$39,966,617$152,592,473
56$244,266,830$62,555,154$41,169,140$166,596,315
57$269,041,392$65,479,702$42,407,652$181,971,992
58$296,338,530$68,543,123$43,683,223$198,857,270
59$326,415,405$71,752,081$44,996,956$217,403,877
60$359,555,407$75,113,564$46,349,985$237,778,928
61$396,070,827$78,634,897$47,743,478$260,166,489
62$436,305,804$82,323,760$49,178,637$284,769,298
63$480,639,575$86,188,203$50,656,701$311,810,675
64$529,490,053$90,236,666$52,178,942$341,536,606
65$583,317,776$94,478,000$53,746,674$374,218,056
66$642,630,248$98,921,481$55,361,246$410,153,514
67$707,986,735$103,576,835$57,024,050$449,671,790
68$780,003,542$108,454,260$58,736,515$493,135,105
69$859,359,831$113,564,447$60,500,117$540,942,495
70$946,804,034$118,918,605$62,316,370$593,533,558
71$1,043,160,914$124,528,486$64,186,838$651,392,586
72$1,149,339,357$130,406,411$66,113,126$715,053,119
73$1,266,340,945$136,565,300$68,096,890$785,102,959
74$1,395,269,419$143,018,696$70,139,833$862,189,699
75$1,537,341,090$149,780,803$72,243,708$947,026,816
76$1,693,896,329$156,866,510$74,410,320$1,040,400,382
77$1,866,412,215$164,291,429$76,641,526$1,143,176,460
78$2,056,516,483$172,071,932$78,939,240$1,256,309,259
79$2,266,002,889$180,225,180$81,305,428$1,380,850,110
80$2,496,848,142$188,769,173$83,742,119$1,517,957,369
81$2,751,230,569$197,722,779$86,251,396$1,668,907,323
82$3,031,550,677$207,105,785$88,835,408$1,835,106,205
83$3,340,453,816$216,938,938$91,496,364$2,018,103,445
84$3,680,855,151$227,243,992$94,236,538$2,219,606,259
85$4,055,967,186$238,043,758$97,058,272$2,441,495,737
86$4,469,330,091$249,362,154$99,963,976$2,685,844,563
87$4,924,845,121$261,224,260$102,956,130$2,954,936,547
88$5,426,811,450$273,656,375$106,037,287$3,251,288,146
89$5,979,966,756$286,686,075$109,210,074$3,577,672,183
90$6,589,531,950$300,342,278$112,477,197$3,937,143,978
91$7,261,260,465$314,655,306$115,841,439$4,333,070,153
92$8,001,492,570$329,656,954$119,305,665$4,769,160,365
93$8,817,215,232$345,380,564$122,872,824$5,249,502,282
94$9,716,128,073$361,861,099$126,545,951$5,778,600,123
95$10,706,716,066$379,135,222$130,328,170$6,361,417,129
96$11,798,329,636$397,241,380$134,222,695$7,003,422,362
97$13,001,272,940$416,219,888$138,232,836$7,710,642,285
98$14,326,901,141$436,113,024$142,361,997$8,489,717,592
99$15,787,727,617$456,965,122$146,613,684$9,347,965,838
100$17,397,542,094$478,822,673$150,991,503$10,293,450,462