Can I retire at age 30 with 18,700,000?

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 $18,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$1,544,229$1,530,473$1,517,053$1,503,955$1,491,164$1,481,767
2 years$764,470$750,232$736,434$723,055$710,078$700,599
3 years$504,584$490,285$476,521$463,268$450,503$441,235
4 years$374,667$360,411$346,785$333,759$321,302$312,318
5 years$296,736$282,567$269,120$256,359$244,249$235,574
6 years$244,800$230,737$217,489$205,012$193,266$184,912
7 years$207,717$193,773$180,734$168,552$157,177$149,147
8 years$179,918$166,099$153,277$141,394$130,393$122,689
9 years$158,307$144,619$132,017$120,436$109,810$102,429
10 years$141,029$127,475$115,096$103,817$93,564$86,501
11 years$126,902$113,483$101,328$90,352$80,468$73,720
12 years$115,137$101,856$89,926$79,251$69,732$63,292
13 years$105,190$92,048$80,343$69,967$60,807$54,670
14 years$96,672$83,669$72,189$62,109$53,303$47,461
15 years$89,296$76,434$65,177$55,390$46,933$41,377
16 years$82,848$70,126$59,092$49,596$41,479$36,203
17 years$77,165$64,584$53,772$44,561$36,778$31,773
18 years$72,119$59,678$49,087$40,159$32,702$27,958
19 years$67,609$55,309$44,936$36,287$29,148$24,657
20 years$63,555$51,396$41,240$32,865$26,035$21,789
21 years$59,893$47,873$37,933$29,827$23,299$19,287
22 years$56,567$44,688$34,961$27,119$20,884$17,099
23 years$53,535$41,796$32,281$24,698$18,747$15,178
24 years$50,760$39,160$29,854$22,526$16,850$13,489
25 years$48,211$36,750$27,651$20,572$15,162$11,999
26 years$45,862$34,539$25,645$18,810$13,658$10,684
27 years$43,691$32,505$23,813$17,217$12,314$9,521
28 years$41,678$30,629$22,138$15,775$11,111$8,490
29 years$39,808$28,895$20,601$14,466$10,033$7,575
30 years$38,065$27,288$19,189$13,276$9,065$6,763
31 years$36,438$25,797$17,889$12,193$8,196$6,041
32 years$34,916$24,409$16,691$11,206$7,414$5,398
33 years$33,489$23,116$15,585$10,305$6,709$4,825
34 years$32,149$21,908$14,561$9,481$6,075$4,315
35 years$30,888$20,780$13,614$8,728$5,502$3,860
36 years$29,700$19,723$12,735$8,038$4,985$3,454
37 years$28,579$18,732$11,920$7,406$4,518$3,091
38 years$27,519$17,802$11,163$6,826$4,096$2,767
39 years$26,516$16,928$10,458$6,294$3,714$2,478
40 years$25,566$16,106$9,802$5,806$3,369$2,219
41 years$24,664$15,331$9,192$5,356$3,057$1,987
42 years$23,808$14,601$8,622$4,943$2,774$1,780
43 years$22,993$13,912$8,091$4,563$2,517$1,595
44 years$22,218$13,261$7,594$4,213$2,285$1,429
45 years$21,480$12,645$7,131$3,891$2,074$1,280
46 years$20,775$12,063$6,698$3,594$1,883$1,147
47 years$20,103$11,512$6,292$3,321$1,710$1,028
48 years$19,460$10,990$5,913$3,068$1,553$922
49 years$18,846$10,495$5,558$2,836$1,410$826
50 years$18,258$10,025$5,225$2,621$1,281$741

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $18,700,000, adding $6,257 every year, while hoping to spend $36,611 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: 39/43/18 Blend
29$18,700,000$18,700,000$18,700,000$18,700,000
30$20,613,854$19,622,754$19,332,904$21,306,726
31$22,677,513$20,545,315$19,941,603$22,726,059
32$24,950,439$21,511,855$20,569,465$24,255,777
33$27,453,937$22,524,489$21,217,096$25,909,063
34$30,211,487$23,585,437$21,885,116$27,697,123
35$33,248,959$24,697,025$22,574,169$29,632,247
36$36,594,865$25,861,691$23,284,916$31,727,909
37$40,280,621$27,081,993$24,018,040$33,998,894
38$44,340,845$28,360,612$24,774,245$36,461,419
39$48,813,688$29,700,358$25,554,259$39,133,285
40$53,741,188$31,104,180$26,358,831$42,034,028
41$59,169,671$32,575,167$27,188,734$45,185,094
42$65,150,187$34,116,559$28,044,765$48,610,035
43$71,738,988$35,731,753$28,927,747$52,334,713
44$78,998,068$37,424,311$29,838,529$56,387,534
45$86,995,737$39,197,968$30,777,986$60,799,706
46$95,807,274$41,056,641$31,747,020$65,605,516
47$105,515,634$43,004,434$32,746,564$70,842,641
48$116,212,231$45,045,654$33,777,576$76,552,492
49$127,997,802$47,184,815$34,841,049$82,780,583
50$140,983,357$49,426,650$35,938,003$89,576,949
51$155,291,227$51,776,123$37,069,493$96,996,601
52$171,056,218$54,238,439$38,236,607$105,100,027
53$188,426,884$56,819,054$39,440,465$113,953,741
54$207,566,931$59,523,692$40,682,226$123,630,899
55$228,656,758$62,358,354$41,963,081$134,211,960
56$251,895,165$65,329,331$43,284,261$145,785,433
57$277,501,225$68,443,221$44,647,037$158,448,683
58$305,716,355$71,706,944$46,052,718$172,308,832
59$336,806,593$75,127,754$47,502,654$187,483,740
60$371,065,111$78,713,259$48,998,238$204,103,100
61$408,814,982$82,471,439$50,540,909$222,309,626
62$450,412,228$86,410,657$52,132,148$242,260,380
63$496,249,185$90,539,689$53,773,484$264,128,222
64$546,758,200$94,867,732$55,466,494$288,103,409
65$602,415,720$99,404,435$57,212,805$314,395,363
66$663,746,786$104,159,914$59,014,096$343,234,612
67$731,329,987$109,144,778$60,872,097$374,874,930
68$805,802,926$114,370,154$62,788,593$409,595,696
69$887,868,240$119,847,707$64,765,427$447,704,496
70$978,300,229$125,589,672$66,804,496$489,539,979
71$1,077,952,167$131,608,881$68,907,762$535,475,019
72$1,187,764,360$137,918,789$71,077,244$585,920,186
73$1,308,773,021$144,533,505$73,315,028$641,327,576
74$1,442,120,051$151,467,829$75,623,264$702,195,031
75$1,589,063,822$158,737,279$78,004,169$769,070,787
76$1,750,991,055$166,358,128$80,460,032$842,558,595
77$1,929,429,911$174,347,445$82,993,211$923,323,367
78$2,126,064,421$182,723,129$85,606,142$1,012,097,391
79$2,342,750,379$191,503,949$88,301,335$1,109,687,186
80$2,581,532,867$200,709,592$91,081,380$1,216,981,049
81$2,844,665,561$210,360,704$93,948,947$1,334,957,373
82$3,134,632,004$220,478,934$96,906,793$1,464,693,816
83$3,454,169,057$231,086,990$99,957,759$1,607,377,397
84$3,806,292,734$242,208,686$103,104,777$1,764,315,626
85$4,194,326,676$253,868,995$106,350,870$1,936,948,764
86$4,621,933,532$266,094,110$109,699,159$2,126,863,342
87$5,093,149,531$278,911,500$113,152,859$2,335,807,037
88$5,612,422,593$292,349,974$116,715,290$2,565,705,091
89$6,184,654,320$306,439,745$120,389,875$2,818,678,380
90$6,815,246,268$321,212,500$124,180,143$3,097,063,333
91$7,510,150,947$336,701,472$128,089,738$3,403,433,891
92$8,275,928,015$352,941,515$132,122,415$3,740,625,681
93$9,119,806,206$369,969,183$136,282,050$4,111,762,682
94$10,049,751,579$387,822,813$140,572,638$4,520,286,580
95$11,074,542,722$406,542,613$144,998,303$4,969,989,143
96$12,203,853,630$426,170,752$149,563,298$5,465,047,873
97$13,448,345,039$446,751,458$154,272,007$6,010,065,307
98$14,819,765,070$468,331,115$159,128,956$6,610,112,318
99$16,331,060,142$490,958,375$164,138,810$7,270,775,831
100$17,996,497,201$514,684,260$169,306,385$7,998,211,405