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

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 $18,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$1,535,971$1,522,289$1,508,941$1,495,912$1,483,190$1,435,712
2 years$760,381$746,220$732,495$719,188$706,281$658,886
3 years$501,886$487,663$473,973$460,791$448,094$402,268
4 years$372,663$358,484$344,931$331,974$319,584$275,680
5 years$295,150$281,056$267,681$254,988$242,943$201,077
6 years$243,491$229,503$216,326$203,916$192,232$152,440
7 years$206,606$192,736$179,768$167,650$156,336$118,614
8 years$178,956$165,211$152,457$140,638$129,696$94,018
9 years$157,461$143,846$131,311$119,792$109,223$75,547
10 years$140,275$126,793$114,480$103,262$93,063$61,340
11 years$126,223$112,876$100,787$89,869$80,038$50,208
12 years$114,521$101,312$89,446$78,827$69,359$41,358
13 years$104,628$91,556$79,914$69,593$60,482$34,242
14 years$96,155$83,222$71,803$61,776$53,018$28,468
15 years$88,818$76,025$64,828$55,094$46,682$23,746
16 years$82,405$69,751$58,776$49,330$41,257$19,862
17 years$76,752$64,238$53,484$44,323$36,582$16,651
18 years$71,733$59,359$48,824$39,944$32,527$13,986
19 years$67,248$55,013$44,696$36,093$28,992$11,765
20 years$63,216$51,121$41,020$32,689$25,896$9,910
21 years$59,572$47,617$37,730$29,667$23,174$8,357
22 years$56,265$44,449$34,774$26,974$20,772$7,053
23 years$53,249$41,572$32,108$24,566$18,646$5,957
24 years$50,489$38,951$29,694$22,406$16,760$5,035
25 years$47,954$36,553$27,503$20,462$15,081$4,258
26 years$45,617$34,354$25,508$18,710$13,585$3,603
27 years$43,457$32,331$23,686$17,125$12,248$3,049
28 years$41,455$30,466$22,019$15,690$11,051$2,582
29 years$39,595$28,741$20,491$14,388$9,979$2,186
30 years$37,862$27,143$19,086$13,205$9,017$1,852
31 years$36,243$25,659$17,794$12,128$8,152$1,569
32 years$34,729$24,278$16,602$11,146$7,374$1,330
33 years$33,310$22,992$15,501$10,249$6,673$1,127
34 years$31,977$21,791$14,483$9,430$6,042$955
35 years$30,723$20,669$13,541$8,681$5,473$810
36 years$29,541$19,618$12,667$7,995$4,958$686
37 years$28,426$18,632$11,856$7,366$4,494$582
38 years$27,372$17,707$11,103$6,790$4,074$493
39 years$26,374$16,838$10,402$6,261$3,695$418
40 years$25,429$16,020$9,750$5,774$3,351$355
41 years$24,532$15,249$9,142$5,328$3,040$301
42 years$23,681$14,523$8,576$4,917$2,759$255
43 years$22,871$13,837$8,047$4,539$2,504$216
44 years$22,099$13,190$7,554$4,191$2,273$183
45 years$21,365$12,578$7,093$3,870$2,063$156
46 years$20,664$11,999$6,662$3,575$1,873$132
47 years$19,995$11,450$6,259$3,303$1,701$112
48 years$19,356$10,931$5,881$3,052$1,545$95
49 years$18,745$10,439$5,528$2,821$1,403$81
50 years$18,160$9,971$5,197$2,607$1,274$68

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 $6,762 every year, while hoping to spend $33,952 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: 49/31/20 Blend
29$18,600,000$18,600,000$18,600,000$18,600,000
30$20,504,175$19,518,375$19,230,075$21,393,380
31$22,559,476$20,438,651$19,838,158$22,931,254
32$24,823,280$21,402,882$20,465,474$24,596,969
33$27,316,818$22,413,187$21,112,631$26,405,823
34$30,063,487$23,471,786$21,780,257$28,371,300
35$33,089,066$24,581,007$22,468,999$30,508,213
36$36,421,967$25,743,293$23,179,526$32,832,835
37$40,093,495$26,961,201$23,912,528$35,363,045
38$44,138,147$28,237,416$24,668,714$38,118,491
39$48,593,941$29,574,752$25,448,818$41,120,768
40$53,502,767$30,976,159$26,253,597$44,393,612
41$58,910,789$32,444,730$27,083,833$47,963,118
42$64,868,878$33,983,710$27,940,329$51,857,977
43$71,433,091$35,596,500$28,823,918$56,109,737
44$78,665,202$37,286,665$29,735,456$60,753,091
45$86,633,287$39,057,945$30,675,827$65,826,197
46$95,412,359$40,914,261$31,645,944$71,371,025
47$105,085,084$42,859,725$32,646,748$77,433,745
48$115,742,559$44,898,647$33,679,210$84,065,149
49$127,485,168$47,035,549$34,744,331$91,321,121
50$140,423,534$49,275,170$35,843,146$99,263,151
51$154,679,562$51,622,481$36,976,719$107,958,900
52$170,387,590$54,082,695$38,146,151$117,482,831
53$187,695,653$56,661,276$39,352,577$127,916,894
54$206,766,888$59,363,957$40,597,166$139,351,282
55$227,781,067$62,196,747$41,881,127$151,885,275
56$250,936,296$65,165,948$43,205,706$165,628,153
57$276,450,888$68,278,169$44,572,186$180,700,214
58$304,565,419$71,540,340$45,981,896$197,233,895
59$335,545,004$74,959,729$47,436,201$215,374,996
60$369,681,795$78,543,956$48,936,514$235,284,044
61$407,297,741$82,301,013$50,484,291$257,137,787
62$448,747,629$86,239,281$52,081,032$281,130,836
63$494,422,428$90,367,547$53,728,288$307,477,487
64$544,752,988$94,695,028$55,427,658$336,413,716
65$600,214,097$99,231,390$57,180,789$368,199,386
66$661,328,974$103,986,767$58,989,384$403,120,669
67$728,674,199$108,971,788$60,855,198$441,492,728
68$802,885,161$114,197,599$62,780,041$483,662,660
69$884,662,056$119,675,890$64,765,781$530,012,744
70$974,776,497$125,418,920$66,814,346$580,964,020
71$1,074,078,797$131,439,544$68,927,724$636,980,232
72$1,183,505,997$137,751,244$71,107,965$698,572,171
73$1,304,090,712$144,368,160$73,357,186$766,302,466
74$1,436,970,883$151,305,117$75,677,570$840,790,854
75$1,583,400,513$158,577,668$78,071,368$922,719,995
76$1,744,761,511$166,202,119$80,540,905$1,012,841,875
77$1,922,576,736$174,195,574$83,088,576$1,111,984,866
78$2,118,524,376$182,575,970$85,716,856$1,221,061,499
79$2,334,453,786$191,362,116$88,428,294$1,341,077,035
80$2,572,402,953$200,573,741$91,225,523$1,473,138,904
81$2,834,617,734$210,231,534$94,111,258$1,618,467,115
82$3,123,573,058$220,357,194$97,088,300$1,778,405,714
83$3,441,996,291$230,973,478$100,159,539$1,954,435,423
84$3,792,892,985$242,104,251$103,327,957$2,148,187,559
85$4,179,575,254$253,774,543$106,596,627$2,361,459,370
86$4,605,693,041$266,010,607$109,968,725$2,596,230,947
87$5,075,268,576$278,839,972$113,447,523$2,854,683,844
88$5,592,734,354$292,291,514$117,036,398$3,139,221,606
89$6,162,974,976$306,395,515$120,738,835$3,452,492,390
90$6,791,373,265$321,183,737$124,558,427$3,797,413,884
91$7,483,861,087$336,689,489$128,498,883$4,177,200,776
92$8,246,975,350$352,947,707$132,564,029$4,595,395,017
93$9,087,919,723$369,995,031$136,757,811$5,055,899,176
94$10,014,632,637$387,869,890$141,084,300$5,563,013,185
95$11,035,862,239$406,612,588$145,547,697$6,121,474,845
96$12,161,248,979$426,265,396$150,152,336$6,736,504,447
97$13,401,416,623$446,872,648$154,902,687$7,413,853,956
98$14,768,072,554$468,480,844$159,803,363$8,159,861,198
99$16,274,118,301$491,138,752$164,859,122$8,981,509,584
100$17,933,771,338$514,897,520$170,074,873$9,886,493,914