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

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 $18,700,000?

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 $5,621 every year, while hoping to spend $29,800 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: 39/39/22 Blend
29$18,700,000$18,700,000$18,700,000$18,700,000
30$20,613,198$19,622,098$19,332,248$21,281,926
31$22,684,037$20,551,874$19,948,171$22,694,839
32$24,965,103$21,526,210$20,583,729$24,218,380
33$27,477,808$22,547,258$21,239,548$25,865,193
34$30,245,746$23,617,275$21,916,275$27,646,489
35$33,294,917$24,738,627$22,614,575$29,574,563
36$36,653,973$25,913,794$23,335,138$31,662,900
37$40,354,486$27,145,378$24,078,673$33,926,295
38$44,431,249$28,436,107$24,845,914$36,380,984
39$48,922,601$29,788,840$25,637,616$39,044,785
40$53,870,790$31,206,578$26,454,560$41,937,262
41$59,322,375$32,692,464$27,297,552$45,079,893
42$65,328,659$34,249,797$28,167,422$48,496,267
43$71,946,179$35,882,034$29,065,028$52,212,291
44$79,237,237$37,592,801$29,991,254$56,256,426
45$87,270,489$39,385,902$30,947,014$60,659,943
46$96,121,590$41,265,323$31,933,251$65,457,202
47$105,873,913$43,235,244$32,950,936$70,685,966
48$116,619,333$45,300,052$34,001,072$76,387,744
49$128,459,093$47,464,343$35,084,697$82,608,166
50$141,504,764$49,732,938$36,202,877$89,397,395
51$155,879,292$52,110,895$37,356,716$96,810,593
52$171,718,165$54,603,514$38,547,351$104,908,418
53$189,170,688$57,216,356$39,775,957$113,757,577
54$208,401,392$59,955,251$41,043,745$123,431,447
55$229,591,589$62,826,314$42,351,966$134,010,735
56$252,941,084$65,835,956$43,701,910$145,584,232
57$278,670,059$68,990,902$45,094,908$158,249,620
58$307,021,152$72,298,203$46,532,335$172,114,379
59$338,261,749$75,765,255$48,015,608$187,296,773
60$372,686,507$79,399,812$49,546,190$203,926,946
61$410,620,135$83,210,008$51,125,592$222,148,121
62$452,420,461$87,204,370$52,755,371$242,117,929
63$498,481,808$91,391,844$54,437,136$264,009,868
64$549,238,718$95,781,810$56,172,546$288,014,910
65$605,170,053$100,384,104$57,963,312$314,343,275
66$666,803,518$105,209,044$59,811,202$343,226,381
67$734,720,638$110,267,449$61,718,039$374,918,999
68$809,562,254$115,570,665$63,685,704$409,701,618
69$892,034,569$121,130,593$65,716,140$447,883,060
70$982,915,814$126,959,711$67,811,350$489,803,355
71$1,083,063,599$133,071,108$69,973,402$535,836,911
72$1,193,423,004$139,478,511$72,204,429$586,396,006
73$1,315,035,506$146,196,314$74,506,633$641,934,636
74$1,449,048,810$153,239,615$76,882,287$702,952,754
75$1,596,727,680$160,624,248$79,333,735$770,000,943
76$1,759,465,886$168,366,818$81,863,398$843,685,560
77$1,938,799,356$176,484,742$84,473,771$924,674,411
78$2,136,420,680$184,996,284$87,167,433$1,013,702,994
79$2,354,195,089$193,920,602$89,947,041$1,111,581,391
80$2,594,178,062$203,277,785$92,815,341$1,219,201,849
81$2,858,634,733$213,088,905$95,775,163$1,337,547,141
82$3,150,061,275$223,376,061$98,829,431$1,467,699,780
83$3,471,208,467$234,162,430$101,981,159$1,610,852,162
84$3,825,107,663$245,472,321$105,233,460$1,768,317,755
85$4,215,099,408$257,331,229$108,589,544$1,941,543,421
86$4,644,864,981$269,765,892$112,052,727$2,132,122,991
87$5,118,461,143$282,804,354$115,626,427$2,341,812,231
88$5,640,358,441$296,476,030$119,314,174$2,572,545,330
89$6,215,483,413$310,811,766$123,119,610$2,826,453,063
90$6,849,265,097$325,843,919$127,046,494$3,105,882,815
91$7,547,686,288$341,606,422$131,098,702$3,413,420,635
92$8,317,340,020$358,134,866$135,280,238$3,751,915,549
93$9,165,491,808$375,466,581$139,595,232$4,124,506,341
94$10,100,148,246$393,640,717$144,047,947$4,534,651,073
95$11,130,132,594$412,698,339$148,642,780$4,986,159,604
96$12,265,168,076$432,682,515$153,384,270$5,483,229,434
97$13,515,969,679$453,638,417$158,277,102$6,030,485,196
98$14,894,345,310$475,613,424$163,326,110$6,633,022,175
99$16,413,307,278$498,657,228$168,536,280$7,296,454,265
100$18,087,195,137$522,821,949$173,912,763$8,026,966,814