Can I retire at age 30 with 18,600,000?

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 $18,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$1,535,971$1,522,289$1,508,941$1,495,912$1,483,190$1,449,100
2 years$760,381$746,220$732,495$719,188$706,281$672,124
3 years$501,886$487,663$473,973$460,791$448,094$414,937
4 years$372,663$358,484$344,931$331,974$319,584$287,683
5 years$295,150$281,056$267,681$254,988$242,943$212,387
6 years$243,491$229,503$216,326$203,916$192,232$163,053
7 years$206,606$192,736$179,768$167,650$156,336$128,538
8 years$178,956$165,211$152,457$140,638$129,696$103,268
9 years$157,461$143,846$131,311$119,792$109,223$84,145
10 years$140,275$126,793$114,480$103,262$93,063$69,308
11 years$126,223$112,876$100,787$89,869$80,038$57,573
12 years$114,521$101,312$89,446$78,827$69,359$48,149
13 years$104,628$91,556$79,914$69,593$60,482$40,488
14 years$96,155$83,222$71,803$61,776$53,018$34,197
15 years$88,818$76,025$64,828$55,094$46,682$28,991
16 years$82,405$69,751$58,776$49,330$41,257$24,652
17 years$76,752$64,238$53,484$44,323$36,582$21,016
18 years$71,733$59,359$48,824$39,944$32,527$17,955
19 years$67,248$55,013$44,696$36,093$28,992$15,367
20 years$63,216$51,121$41,020$32,689$25,896$13,172
21 years$59,572$47,617$37,730$29,667$23,174$11,306
22 years$56,265$44,449$34,774$26,974$20,772$9,715
23 years$53,249$41,572$32,108$24,566$18,646$8,355
24 years$50,489$38,951$29,694$22,406$16,760$7,192
25 years$47,954$36,553$27,503$20,462$15,081$6,195
26 years$45,617$34,354$25,508$18,710$13,585$5,339
27 years$43,457$32,331$23,686$17,125$12,248$4,604
28 years$41,455$30,466$22,019$15,690$11,051$3,972
29 years$39,595$28,741$20,491$14,388$9,979$3,428
30 years$37,862$27,143$19,086$13,205$9,017$2,959
31 years$36,243$25,659$17,794$12,128$8,152$2,555
32 years$34,729$24,278$16,602$11,146$7,374$2,207
33 years$33,310$22,992$15,501$10,249$6,673$1,907
34 years$31,977$21,791$14,483$9,430$6,042$1,647
35 years$30,723$20,669$13,541$8,681$5,473$1,424
36 years$29,541$19,618$12,667$7,995$4,958$1,231
37 years$28,426$18,632$11,856$7,366$4,494$1,064
38 years$27,372$17,707$11,103$6,790$4,074$920
39 years$26,374$16,838$10,402$6,261$3,695$795
40 years$25,429$16,020$9,750$5,774$3,351$687
41 years$24,532$15,249$9,142$5,328$3,040$594
42 years$23,681$14,523$8,576$4,917$2,759$514
43 years$22,871$13,837$8,047$4,539$2,504$445
44 years$22,099$13,190$7,554$4,191$2,273$384
45 years$21,365$12,578$7,093$3,870$2,063$332
46 years$20,664$11,999$6,662$3,575$1,873$288
47 years$19,995$11,450$6,259$3,303$1,701$249
48 years$19,356$10,931$5,881$3,052$1,545$215
49 years$18,745$10,439$5,528$2,821$1,403$186
50 years$18,160$9,971$5,197$2,607$1,274$161

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $18,600,000, adding $3,378 every year, while hoping to spend $20,417 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: 44/46/10 Blend
29$18,600,000$18,600,000$18,600,000$18,600,000
30$20,500,684$19,514,884$19,226,584$21,343,905
31$22,570,031$20,449,390$19,848,951$22,864,332
32$24,849,766$21,429,003$20,491,484$24,508,886
33$27,361,328$22,455,910$21,154,835$26,290,824
34$30,128,342$23,532,408$21,839,680$28,222,777
35$33,176,840$24,660,903$22,546,716$30,318,602
36$36,535,511$25,843,920$23,276,664$32,593,502
37$40,235,966$27,084,105$24,030,266$35,064,159
38$44,313,044$28,384,236$24,808,289$37,748,885
39$48,805,134$29,747,222$25,611,525$40,667,779
40$53,754,539$31,176,118$26,440,794$43,842,914
41$59,207,880$32,674,126$27,296,938$47,298,524
42$65,216,528$34,244,602$28,180,829$51,061,231
43$71,837,095$35,891,069$29,093,369$55,160,278
44$79,131,968$37,617,221$30,035,486$59,627,791
45$87,169,894$39,426,929$31,008,139$64,499,073
46$96,026,631$41,324,258$32,012,321$69,812,922
47$105,785,667$43,313,465$33,049,052$75,611,978
48$116,539,000$45,399,020$34,119,390$81,943,117
49$128,388,013$47,585,607$35,224,426$88,857,870
50$141,444,430$49,878,142$36,365,284$96,412,897
51$155,831,368$52,281,777$37,543,127$104,670,503
52$171,684,502$54,801,918$38,759,155$113,699,206
53$189,153,342$57,444,233$40,014,608$123,574,364
54$208,402,650$60,214,668$41,310,765$134,378,868
55$229,613,992$63,119,458$42,648,947$146,203,900
56$252,987,449$66,165,142$44,030,517$159,149,774
57$278,743,514$69,358,578$45,456,884$173,326,856
58$307,125,164$72,706,961$46,929,502$188,856,582
59$338,400,162$76,217,833$48,449,871$205,872,582
60$372,863,579$79,899,107$50,019,542$224,521,906
61$410,840,583$83,759,081$51,640,115$244,966,393
62$452,689,505$87,806,460$53,313,242$267,384,161
63$498,805,228$92,050,370$55,040,629$291,971,261
64$549,622,909$96,500,385$56,824,038$318,943,494
65$605,622,089$101,166,547$58,665,286$348,538,414
66$667,331,221$106,059,387$60,566,252$381,017,533
67$735,332,658$111,189,950$62,528,874$416,668,752
68$810,268,152$116,569,820$64,555,154$455,809,041
69$892,844,911$122,211,148$66,647,159$498,787,387
70$983,842,275$128,126,678$68,807,022$545,988,048
71$1,084,119,076$134,329,775$71,036,947$597,834,131
72$1,194,621,746$140,834,457$73,339,209$654,791,542
73$1,316,393,247$147,655,429$75,716,155$717,373,329
74$1,450,582,924$154,808,111$78,170,212$786,144,479
75$1,598,457,352$162,308,678$80,703,884$861,727,194
76$1,761,412,292$170,174,093$83,319,754$944,806,703
77$1,940,985,874$178,422,152$86,020,494$1,036,137,676
78$2,138,873,111$187,071,515$88,808,858$1,136,551,283
79$2,356,941,907$196,141,758$91,687,693$1,246,962,971
80$2,597,250,687$205,653,410$94,659,937$1,368,381,041
81$2,862,067,835$215,628,005$97,728,623$1,501,916,091
82$3,153,893,107$226,088,129$100,896,884$1,648,791,425
83$3,475,481,228$237,057,472$104,167,954$1,810,354,520
84$3,829,867,904$248,560,879$107,545,172$1,988,089,665
85$4,220,398,481$260,624,413$111,031,986$2,183,631,881
86$4,650,759,524$273,275,407$114,631,955$2,398,782,270
87$5,125,013,626$286,542,533$118,348,756$2,635,524,916
88$5,647,637,760$300,455,861$122,186,184$2,896,045,517
89$6,223,565,548$315,046,935$126,148,157$3,182,751,912
90$6,858,233,835$330,348,835$130,238,722$3,498,296,703
91$7,557,634,022$346,396,264$134,462,055$3,845,602,175
92$8,328,368,629$363,225,618$138,822,470$4,227,887,768
93$9,177,713,628$380,875,072$143,324,422$4,648,700,337
94$10,113,687,136$399,384,668$147,972,507$5,111,947,503
95$11,145,125,113$418,796,406$152,771,476$5,621,934,404
96$12,281,764,783$439,154,339$157,726,229$6,183,404,190
97$13,534,336,562$460,504,673$162,841,829$6,801,582,646
98$14,914,665,364$482,895,874$168,123,503$7,482,227,361
99$16,435,782,237$506,378,778$173,576,646$8,231,681,921
100$18,112,047,393$531,006,706$179,206,832$9,056,935,608