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%14.1%
1 years$1,535,971$1,522,289$1,508,941$1,495,912$1,483,190$1,458,019
2 years$760,381$746,220$732,495$719,188$706,281$680,999
3 years$501,886$487,663$473,973$460,791$448,094$423,488
4 years$372,663$358,484$344,931$331,974$319,584$295,845
5 years$295,150$281,056$267,681$254,988$242,943$220,137
6 years$243,491$229,503$216,326$203,916$192,232$170,387
7 years$206,606$192,736$179,768$167,650$156,336$135,458
8 years$178,956$165,211$152,457$140,638$129,696$109,780
9 years$157,461$143,846$131,311$119,792$109,223$90,258
10 years$140,275$126,793$114,480$103,262$93,063$75,033
11 years$126,223$112,876$100,787$89,869$80,038$62,923
12 years$114,521$101,312$89,446$78,827$69,359$53,137
13 years$104,628$91,556$79,914$69,593$60,482$45,129
14 years$96,155$83,222$71,803$61,776$53,018$38,508
15 years$88,818$76,025$64,828$55,094$46,682$32,986
16 years$82,405$69,751$58,776$49,330$41,257$28,347
17 years$76,752$64,238$53,484$44,323$36,582$24,428
18 years$71,733$59,359$48,824$39,944$32,527$21,099
19 years$67,248$55,013$44,696$36,093$28,992$18,261
20 years$63,216$51,121$41,020$32,689$25,896$15,830
21 years$59,572$47,617$37,730$29,667$23,174$13,743
22 years$56,265$44,449$34,774$26,974$20,772$11,946
23 years$53,249$41,572$32,108$24,566$18,646$10,395
24 years$50,489$38,951$29,694$22,406$16,760$9,054
25 years$47,954$36,553$27,503$20,462$15,081$7,892
26 years$45,617$34,354$25,508$18,710$13,585$6,884
27 years$43,457$32,331$23,686$17,125$12,248$6,009
28 years$41,455$30,466$22,019$15,690$11,051$5,247
29 years$39,595$28,741$20,491$14,388$9,979$4,584
30 years$37,862$27,143$19,086$13,205$9,017$4,007
31 years$36,243$25,659$17,794$12,128$8,152$3,503
32 years$34,729$24,278$16,602$11,146$7,374$3,064
33 years$33,310$22,992$15,501$10,249$6,673$2,680
34 years$31,977$21,791$14,483$9,430$6,042$2,345
35 years$30,723$20,669$13,541$8,681$5,473$2,053
36 years$29,541$19,618$12,667$7,995$4,958$1,797
37 years$28,426$18,632$11,856$7,366$4,494$1,573
38 years$27,372$17,707$11,103$6,790$4,074$1,377
39 years$26,374$16,838$10,402$6,261$3,695$1,206
40 years$25,429$16,020$9,750$5,774$3,351$1,056
41 years$24,532$15,249$9,142$5,328$3,040$925
42 years$23,681$14,523$8,576$4,917$2,759$810
43 years$22,871$13,837$8,047$4,539$2,504$710
44 years$22,099$13,190$7,554$4,191$2,273$622
45 years$21,365$12,578$7,093$3,870$2,063$545
46 years$20,664$11,999$6,662$3,575$1,873$477
47 years$19,995$11,450$6,259$3,303$1,701$418
48 years$19,356$10,931$5,881$3,052$1,545$366
49 years$18,745$10,439$5,528$2,821$1,403$321
50 years$18,160$9,971$5,197$2,607$1,274$281

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 $4,401 every year, while hoping to spend $46,309 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: 52/41/7 Blend
29$18,600,000$18,600,000$18,600,000$18,600,000
30$20,501,740$19,515,940$19,227,640$21,532,608
31$22,543,645$20,422,948$19,822,493$23,139,893
32$24,792,272$21,372,848$20,435,722$24,881,470
33$27,268,658$22,367,692$21,067,893$26,774,266
34$29,995,984$23,409,632$21,719,591$28,832,533
35$32,999,795$24,500,924$22,391,417$31,071,922
36$36,308,236$25,643,932$23,083,992$33,509,624
37$39,952,327$26,841,135$23,797,956$36,164,527
38$43,966,245$28,095,131$24,533,968$39,057,382
39$48,387,654$29,408,645$25,292,708$42,210,992
40$53,258,058$30,784,532$26,074,877$45,650,420
41$58,623,191$32,225,785$26,881,197$49,403,212
42$64,533,451$33,735,543$27,712,412$53,499,654
43$71,044,375$35,317,097$28,569,289$57,973,039
44$78,217,161$36,973,894$29,452,621$62,859,979
45$86,119,248$38,709,552$30,363,220$68,200,733
46$94,824,953$40,527,861$31,301,929$74,039,578
47$104,416,168$42,432,796$32,269,614$80,425,215
48$114,983,137$44,428,523$33,267,166$87,411,214
49$126,625,308$46,519,412$34,295,507$95,056,508
50$139,452,267$48,710,041$35,355,584$103,425,932
51$153,584,779$51,005,213$36,448,377$112,590,827
52$169,155,921$53,409,963$37,574,892$122,629,688
53$186,312,342$55,929,569$38,736,168$133,628,898
54$205,215,648$58,569,565$39,933,277$145,683,521
55$226,043,923$61,335,752$41,167,321$158,898,182
56$248,993,415$64,234,216$42,439,438$173,388,037
57$274,280,386$67,271,335$43,750,801$189,279,842
58$302,143,151$70,453,796$45,102,619$206,713,125
59$332,844,332$73,788,612$46,496,136$225,841,485
60$366,673,335$77,283,135$47,932,638$246,834,020
61$403,949,081$80,945,075$49,413,447$269,876,894
62$445,023,018$84,782,514$50,939,928$295,175,077
63$490,282,437$88,803,928$52,513,487$322,954,250
64$540,154,129$93,018,205$54,135,573$353,462,909
65$595,108,415$97,434,661$55,807,679$386,974,681
66$655,663,583$102,063,069$57,531,346$423,790,881
67$722,390,782$106,913,674$59,308,160$464,243,323
68$795,919,416$111,997,217$61,139,757$508,697,417
69$876,943,080$117,324,965$63,027,823$557,555,589
70$966,226,115$122,908,729$64,974,095$611,261,044
71$1,064,610,816$128,760,894$66,980,365$670,301,908
72$1,173,025,391$134,894,449$69,048,479$735,215,799
73$1,292,492,717$141,323,013$71,180,339$806,594,864
74$1,424,140,000$148,060,867$73,377,906$885,091,321
75$1,569,209,417$155,122,986$75,643,203$971,423,573
76$1,729,069,838$162,525,074$77,978,311$1,066,382,945
77$1,905,229,757$170,283,597$80,385,380$1,170,841,100
78$2,099,351,522$178,415,824$82,866,620$1,285,758,220
79$2,313,267,041$186,939,863$85,424,315$1,412,192,012
80$2,548,995,065$195,874,702$88,060,816$1,551,307,640
81$2,808,760,253$205,240,253$90,778,544$1,704,388,663
82$3,095,014,172$215,057,399$93,579,999$1,872,849,089
83$3,410,458,443$225,348,037$96,467,754$2,058,246,659
84$3,758,070,243$236,135,130$99,444,463$2,262,297,483
85$4,141,130,416$247,442,760$102,512,861$2,486,892,172
86$4,563,254,442$259,296,179$105,675,766$2,734,113,607
87$5,028,426,574$271,721,870$108,936,082$3,006,256,524
88$5,541,037,449$284,747,606$112,296,805$3,305,849,095
89$6,105,925,541$298,402,511$115,761,021$3,635,676,710
90$6,728,422,840$312,717,128$119,331,909$3,998,808,180
91$7,414,405,190$327,723,487$123,012,748$4,398,624,611
92$8,170,347,760$343,455,179$126,806,916$4,838,851,227
93$9,003,386,180$359,947,432$130,717,896$5,323,592,433
94$9,921,383,902$377,237,187$134,749,277$5,857,370,450
95$10,933,006,440$395,363,189$138,904,758$6,445,167,896
96$12,047,803,180$414,366,069$143,188,150$7,092,474,703
97$13,276,297,535$434,288,437$147,603,384$7,805,339,819
98$14,630,086,296$455,174,982$152,154,509$8,590,428,183
99$16,121,949,111$477,072,569$156,845,699$9,455,083,504
100$17,765,969,145$500,030,350$161,681,254$10,407,397,450