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%16.9%
1 years$1,519,455$1,505,920$1,492,716$1,479,827$1,467,242$1,425,991
2 years$752,205$738,196$724,619$711,455$698,687$657,442
3 years$496,489$482,419$468,877$455,836$443,275$403,328
4 years$368,656$354,629$341,222$328,404$316,148$277,805
5 years$291,976$278,034$264,802$252,246$240,331$203,697
6 years$240,873$227,035$214,000$201,723$190,165$155,275
7 years$204,385$190,664$177,835$165,848$154,655$121,509
8 years$177,031$163,434$150,818$139,126$128,302$96,881
9 years$155,768$142,299$129,899$118,504$108,048$78,323
10 years$138,767$125,430$113,249$102,152$92,063$63,993
11 years$124,866$111,663$99,703$88,903$79,177$52,718
12 years$113,290$100,222$88,484$77,980$68,613$43,714
13 years$103,503$90,572$79,054$68,844$59,832$36,439
14 years$95,121$82,327$71,031$61,112$52,448$30,504
15 years$87,863$75,207$64,131$54,501$46,180$25,625
16 years$81,519$69,001$58,144$48,800$40,814$21,589
17 years$75,927$63,548$52,909$43,846$36,188$18,232
18 years$70,962$58,721$48,299$39,514$32,177$15,427
19 years$66,524$54,422$44,216$35,705$28,680$13,076
20 years$62,536$50,571$40,579$32,337$25,617$11,099
21 years$58,932$47,105$37,325$29,348$22,925$9,431
22 years$55,660$43,971$34,400$26,684$20,549$8,022
23 years$52,677$41,125$31,763$24,302$18,446$6,830
24 years$49,946$38,532$29,375$22,165$16,580$5,819
25 years$47,438$36,160$27,207$20,242$14,919$4,960
26 years$45,127$33,985$25,233$18,508$13,439$4,230
27 years$42,990$31,984$23,431$16,941$12,116$3,610
28 years$41,010$30,138$21,783$15,522$10,932$3,081
29 years$39,169$28,432$20,270$14,234$9,872$2,631
30 years$37,454$26,851$18,881$13,063$8,920$2,247
31 years$35,854$25,383$17,602$11,997$8,064$1,920
32 years$34,356$24,017$16,423$11,026$7,295$1,640
33 years$32,952$22,745$15,335$10,139$6,602$1,402
34 years$31,633$21,557$14,328$9,329$5,977$1,198
35 years$30,392$20,446$13,395$8,588$5,414$1,024
36 years$29,223$19,407$12,531$7,909$4,905$875
37 years$28,120$18,432$11,729$7,287$4,446$749
38 years$27,078$17,517$10,984$6,717$4,030$640
39 years$26,091$16,657$10,290$6,193$3,655$547
40 years$25,156$15,848$9,645$5,712$3,315$468
41 years$24,269$15,085$9,044$5,270$3,008$400
42 years$23,426$14,367$8,484$4,864$2,729$342
43 years$22,625$13,689$7,961$4,490$2,477$293
44 years$21,862$13,048$7,473$4,146$2,248$250
45 years$21,135$12,443$7,017$3,829$2,041$214
46 years$20,442$11,870$6,590$3,537$1,853$183
47 years$19,780$11,327$6,191$3,267$1,683$157
48 years$19,148$10,813$5,818$3,019$1,528$134
49 years$18,543$10,326$5,469$2,790$1,388$115
50 years$17,965$9,864$5,141$2,579$1,261$98

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 $5,094 every year, while hoping to spend $50,121 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: 47/34/19 Blend
29$18,400,000$18,400,000$18,400,000$18,400,000
30$20,282,054$19,306,854$19,021,654$21,125,684
31$22,297,496$20,199,562$19,605,552$22,606,769
32$24,516,832$21,134,332$20,207,329$24,207,935
33$26,960,808$22,113,174$20,827,534$25,944,791
34$29,652,282$23,138,191$21,466,728$27,830,038
35$32,616,443$24,211,590$22,125,491$29,877,623
36$35,881,046$25,335,685$22,804,422$32,102,864
37$39,476,678$26,512,898$23,504,135$34,522,588
38$43,437,040$27,745,771$24,225,264$37,155,283
39$47,799,273$29,036,968$24,968,465$40,021,263
40$52,604,300$30,389,281$25,734,410$43,142,852
41$57,897,219$31,805,636$26,523,793$46,544,589
42$63,727,725$33,289,102$27,337,330$50,253,447
43$70,150,580$34,842,895$28,175,758$54,299,082
44$77,226,129$36,470,387$29,039,835$58,714,100
45$85,020,870$38,175,112$29,930,346$63,534,359
46$93,608,081$39,960,775$30,848,095$68,799,292
47$103,068,513$41,831,260$31,793,914$74,552,271
48$113,491,150$43,790,641$32,768,658$80,841,006
49$124,974,050$45,843,185$33,773,211$87,717,980
50$137,625,270$47,993,367$34,808,480$95,240,936
51$151,563,886$50,245,881$35,875,403$103,473,406
52$166,921,117$52,605,644$36,974,944$112,485,296
53$183,841,564$55,077,814$38,108,097$122,353,537
54$202,484,573$57,667,796$39,275,888$133,162,789
55$223,025,741$60,381,259$40,479,372$145,006,231
56$245,658,572$63,224,146$41,719,636$157,986,419
57$270,596,304$66,202,687$42,997,802$172,216,240
58$298,073,922$69,323,414$44,315,023$187,819,959
59$328,350,377$72,593,176$45,672,491$204,934,373
60$361,711,026$76,019,152$47,071,430$223,710,084
61$398,470,333$79,608,873$48,513,105$244,312,896
62$438,974,829$83,370,230$49,998,816$266,925,365
63$483,606,390$87,311,500$51,529,906$291,748,493
64$532,785,839$91,441,361$53,107,754$319,003,609
65$586,976,917$95,768,909$54,733,786$348,934,427
66$646,690,663$100,303,686$56,409,469$381,809,325
67$712,490,237$105,055,693$58,136,312$417,923,852
68$784,996,237$110,035,418$59,915,875$457,603,486
69$864,892,557$115,253,858$61,749,760$501,206,681
70$952,932,843$120,722,542$63,639,622$549,128,218
71$1,049,947,607$126,453,560$65,587,164$601,802,899
72$1,156,852,069$132,459,591$67,594,140$659,709,619
73$1,274,654,795$138,753,926$69,662,358$723,375,851
74$1,404,467,219$145,350,503$71,793,682$793,382,589
75$1,547,514,136$152,263,938$73,990,031$870,369,794
76$1,705,145,263$159,509,557$76,253,383$955,042,392
77$1,878,847,983$167,103,428$78,585,774$1,048,176,890
78$2,070,261,384$175,062,403$80,989,304$1,150,628,660
79$2,281,191,736$183,404,151$83,466,136$1,263,339,970
80$2,513,629,540$192,147,201$86,018,499$1,387,348,825
81$2,769,768,321$201,310,982$88,648,687$1,523,798,721
82$3,052,025,338$210,915,869$91,359,066$1,673,949,385
83$3,363,064,401$220,983,225$94,152,074$1,839,188,610
84$3,705,821,022$231,535,455$97,030,220$2,021,045,297
85$4,083,530,126$242,596,052$99,996,092$2,221,203,833
86$4,499,756,592$254,189,651$103,052,354$2,441,519,922
87$4,958,428,909$266,342,089$106,201,753$2,684,038,038
88$5,463,876,263$279,080,456$109,447,116$2,951,010,659
89$6,020,869,406$292,433,163$112,791,359$3,244,919,454
90$6,634,665,699$306,430,002$116,237,483$3,568,498,638
91$7,311,058,744$321,102,215$119,788,583$3,924,760,698
92$8,056,433,079$336,482,568$123,447,844$4,317,024,755
93$8,877,824,457$352,605,417$127,218,550$4,748,947,806
94$9,782,986,264$369,506,795$131,104,084$5,224,559,156
95$10,780,462,723$387,224,487$135,107,930$5,748,298,361
96$11,879,669,553$405,798,120$139,233,679$6,325,057,039
97$13,090,982,869$425,269,249$143,485,029$6,960,224,942
98$14,425,837,134$445,681,455$147,865,790$7,659,740,729
99$15,896,833,116$467,080,440$152,379,888$8,430,147,913
100$17,517,856,846$489,514,135$157,031,366$9,278,656,515