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

Use the below retirement simulation to view the chances of a successful retirement.
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%15.7%
1 years$1,519,455$1,505,920$1,492,716$1,479,827$1,467,242$1,432,936
2 years$752,205$738,196$724,619$711,455$698,687$664,319
3 years$496,489$482,419$468,877$455,836$443,275$409,920
4 years$368,656$354,629$341,222$328,404$316,148$284,061
5 years$291,976$278,034$264,802$252,246$240,331$209,602
6 years$240,873$227,035$214,000$201,723$190,165$160,827
7 years$204,385$190,664$177,835$165,848$154,655$126,712
8 years$177,031$163,434$150,818$139,126$128,302$101,742
9 years$155,768$142,299$129,899$118,504$108,048$82,851
10 years$138,767$125,430$113,249$102,152$92,063$68,201
11 years$124,866$111,663$99,703$88,903$79,177$56,617
12 years$113,290$100,222$88,484$77,980$68,613$47,318
13 years$103,503$90,572$79,054$68,844$59,832$39,763
14 years$95,121$82,327$71,031$61,112$52,448$33,562
15 years$87,863$75,207$64,131$54,501$46,180$28,432
16 years$81,519$69,001$58,144$48,800$40,814$24,160
17 years$75,927$63,548$52,909$43,846$36,188$20,582
18 years$70,962$58,721$48,299$39,514$32,177$17,571
19 years$66,524$54,422$44,216$35,705$28,680$15,027
20 years$62,536$50,571$40,579$32,337$25,617$12,871
21 years$58,932$47,105$37,325$29,348$22,925$11,039
22 years$55,660$43,971$34,400$26,684$20,549$9,478
23 years$52,677$41,125$31,763$24,302$18,446$8,145
24 years$49,946$38,532$29,375$22,165$16,580$7,006
25 years$47,438$36,160$27,207$20,242$14,919$6,029
26 years$45,127$33,985$25,233$18,508$13,439$5,192
27 years$42,990$31,984$23,431$16,941$12,116$4,474
28 years$41,010$30,138$21,783$15,522$10,932$3,856
29 years$39,169$28,432$20,270$14,234$9,872$3,325
30 years$37,454$26,851$18,881$13,063$8,920$2,868
31 years$35,854$25,383$17,602$11,997$8,064$2,475
32 years$34,356$24,017$16,423$11,026$7,295$2,136
33 years$32,952$22,745$15,335$10,139$6,602$1,844
34 years$31,633$21,557$14,328$9,329$5,977$1,592
35 years$30,392$20,446$13,395$8,588$5,414$1,374
36 years$29,223$19,407$12,531$7,909$4,905$1,187
37 years$28,120$18,432$11,729$7,287$4,446$1,025
38 years$27,078$17,517$10,984$6,717$4,030$885
39 years$26,091$16,657$10,290$6,193$3,655$765
40 years$25,156$15,848$9,645$5,712$3,315$661
41 years$24,269$15,085$9,044$5,270$3,008$571
42 years$23,426$14,367$8,484$4,864$2,729$493
43 years$22,625$13,689$7,961$4,490$2,477$426
44 years$21,862$13,048$7,473$4,146$2,248$368
45 years$21,135$12,443$7,017$3,829$2,041$318
46 years$20,442$11,870$6,590$3,537$1,853$275
47 years$19,780$11,327$6,191$3,267$1,683$238
48 years$19,148$10,813$5,818$3,019$1,528$205
49 years$18,543$10,326$5,469$2,790$1,388$177
50 years$17,965$9,864$5,141$2,579$1,261$153

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 $5,675 every year, while hoping to spend $27,658 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: 74/8/18 Blend
29$18,400,000$18,400,000$18,400,000$18,400,000
30$20,282,654$19,307,454$19,022,254$21,698,590
31$22,322,057$20,224,091$19,630,071$23,554,693
32$24,568,551$21,184,717$20,257,324$25,584,047
33$27,043,233$22,191,457$20,904,633$27,807,086
34$29,769,345$23,246,541$21,572,641$30,243,073
35$32,772,503$24,352,307$22,262,010$32,913,214
36$36,080,935$25,511,205$22,973,423$35,840,863
37$39,725,743$26,725,808$23,707,586$39,051,729
38$43,741,206$27,998,809$24,465,227$42,574,129
39$48,165,094$29,333,036$25,247,097$46,439,239
40$53,039,031$30,731,452$26,053,972$50,681,396
41$58,408,884$32,197,165$26,886,652$55,338,414
42$64,325,197$33,733,433$27,745,962$60,451,939
43$70,843,671$35,343,675$28,632,756$66,067,837
44$78,025,684$37,031,474$29,547,912$72,236,627
45$85,938,876$38,800,588$30,492,338$79,013,950
46$94,657,782$40,654,957$31,466,972$86,461,096
47$104,264,540$42,598,714$32,472,780$94,645,572
48$114,849,665$44,636,193$33,510,760$103,641,740
49$126,512,902$46,771,938$34,581,942$113,531,514
50$139,364,169$49,010,714$35,687,388$124,405,128
51$153,524,595$51,357,520$36,828,196$136,361,983
52$169,127,660$53,817,595$38,005,497$149,511,581
53$186,320,460$56,396,436$39,220,460$163,974,553
54$205,265,091$59,099,806$40,474,290$179,883,795
55$226,140,184$61,933,749$41,768,232$197,385,713
56$249,142,584$64,904,604$43,103,569$216,641,604
57$274,489,216$68,019,019$44,481,627$237,829,170
58$302,419,129$71,283,963$45,903,774$261,144,189
59$333,195,751$74,706,748$47,371,422$286,802,358
60$367,109,380$78,295,041$48,886,026$315,041,324
61$404,479,920$82,056,881$50,449,092$346,122,917
62$445,659,904$86,000,701$52,062,169$380,335,618
63$491,037,823$90,135,344$53,726,860$417,997,272
64$541,041,788$94,470,083$55,444,817$459,458,082
65$596,143,579$99,014,645$57,217,747$505,103,908
66$656,863,091$103,779,230$59,047,408$555,359,899
67$723,773,248$108,774,535$60,935,619$610,694,499
68$797,505,411$114,011,778$62,884,253$671,623,859
69$878,755,334$119,502,726$64,895,247$738,716,701
70$968,289,736$125,259,718$66,970,596$812,599,677
71$1,066,953,541$131,295,696$69,112,362$893,963,273
72$1,175,677,848$137,624,231$71,322,673$983,568,320
73$1,295,488,729$144,259,559$73,603,723$1,082,253,160
74$1,427,516,909$151,216,607$75,957,777$1,190,941,552
75$1,573,008,447$158,511,034$78,387,175$1,310,651,381
76$1,733,336,492$166,159,258$80,894,330$1,442,504,250
77$1,910,014,256$174,178,503$83,481,731$1,587,736,062
78$2,104,709,291$182,586,831$86,151,950$1,747,708,666
79$2,319,259,237$191,403,184$88,907,639$1,923,922,706
80$2,555,689,170$200,647,431$91,751,536$2,118,031,766
81$2,816,230,719$210,340,409$94,686,466$2,331,857,970
82$3,103,343,136$220,503,972$97,715,346$2,567,409,166
83$3,419,736,511$231,161,042$100,841,185$2,826,897,862
84$3,768,397,360$242,335,658$104,067,090$3,112,762,097
85$4,152,616,819$254,053,034$107,396,266$3,427,688,440
86$4,576,021,715$266,339,613$110,832,021$3,774,637,331
87$5,042,608,807$279,223,131$114,377,771$4,156,871,009
88$5,556,782,518$292,732,677$118,037,039$4,577,984,291
89$6,123,396,517$306,898,761$121,813,462$5,041,938,485
90$6,747,799,543$321,753,381$125,710,794$5,553,098,764
91$7,435,885,900$337,330,100$129,732,909$6,116,275,352
92$8,194,151,105$353,664,119$133,883,806$6,736,768,913
93$9,029,753,215$370,792,357$138,167,609$7,420,420,564
94$9,950,580,398$388,753,538$142,588,580$8,173,666,992
95$10,965,325,413$407,588,276$147,151,112$9,003,601,195
96$12,083,567,672$427,339,169$151,859,741$9,918,039,411
97$13,315,863,683$448,050,897$156,719,151$10,925,594,880
98$14,673,846,709$469,770,320$161,734,172$12,035,759,129
99$16,170,336,598$492,546,591$166,909,792$13,258,991,542
100$17,819,460,818$516,431,261$172,251,157$14,606,818,069