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%12.3%
1 years$1,544,229$1,530,473$1,517,053$1,503,955$1,491,164$1,476,821
2 years$764,470$750,232$736,434$723,055$710,078$695,629
3 years$504,584$490,285$476,521$463,268$450,503$436,396
4 years$374,667$360,411$346,785$333,759$321,302$307,647
5 years$296,736$282,567$269,120$256,359$244,249$231,085
6 years$244,800$230,737$217,489$205,012$193,266$180,609
7 years$207,717$193,773$180,734$168,552$157,177$145,033
8 years$179,918$166,099$153,277$141,394$130,393$118,762
9 years$158,307$144,619$132,017$120,436$109,810$98,687
10 years$141,029$127,475$115,096$103,817$93,564$82,943
11 years$126,902$113,483$101,328$90,352$80,468$70,340
12 years$115,137$101,856$89,926$79,251$69,732$60,088
13 years$105,190$92,048$80,343$69,967$60,807$51,636
14 years$96,672$83,669$72,189$62,109$53,303$44,592
15 years$89,296$76,434$65,177$55,390$46,933$38,668
16 years$82,848$70,126$59,092$49,596$41,479$33,648
17 years$77,165$64,584$53,772$44,561$36,778$29,367
18 years$72,119$59,678$49,087$40,159$32,702$25,695
19 years$67,609$55,309$44,936$36,287$29,148$22,532
20 years$63,555$51,396$41,240$32,865$26,035$19,795
21 years$59,893$47,873$37,933$29,827$23,299$17,419
22 years$56,567$44,688$34,961$27,119$20,884$15,350
23 years$53,535$41,796$32,281$24,698$18,747$13,543
24 years$50,760$39,160$29,854$22,526$16,850$11,962
25 years$48,211$36,750$27,651$20,572$15,162$10,576
26 years$45,862$34,539$25,645$18,810$13,658$9,358
27 years$43,691$32,505$23,813$17,217$12,314$8,286
28 years$41,678$30,629$22,138$15,775$11,111$7,342
29 years$39,808$28,895$20,601$14,466$10,033$6,509
30 years$38,065$27,288$19,189$13,276$9,065$5,773
31 years$36,438$25,797$17,889$12,193$8,196$5,123
32 years$34,916$24,409$16,691$11,206$7,414$4,548
33 years$33,489$23,116$15,585$10,305$6,709$4,039
34 years$32,149$21,908$14,561$9,481$6,075$3,588
35 years$30,888$20,780$13,614$8,728$5,502$3,188
36 years$29,700$19,723$12,735$8,038$4,985$2,833
37 years$28,579$18,732$11,920$7,406$4,518$2,519
38 years$27,519$17,802$11,163$6,826$4,096$2,239
39 years$26,516$16,928$10,458$6,294$3,714$1,991
40 years$25,566$16,106$9,802$5,806$3,369$1,771
41 years$24,664$15,331$9,192$5,356$3,057$1,575
42 years$23,808$14,601$8,622$4,943$2,774$1,402
43 years$22,993$13,912$8,091$4,563$2,517$1,247
44 years$22,218$13,261$7,594$4,213$2,285$1,110
45 years$21,480$12,645$7,131$3,891$2,074$987
46 years$20,775$12,063$6,698$3,594$1,883$879
47 years$20,103$11,512$6,292$3,321$1,710$782
48 years$19,460$10,990$5,913$3,068$1,553$696
49 years$18,846$10,495$5,558$2,836$1,410$620
50 years$18,258$10,025$5,225$2,621$1,281$552

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 $6,464 every year, while hoping to spend $38,400 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: 47/30/23 Blend
29$18,700,000$18,700,000$18,700,000$18,700,000
30$20,614,068$19,622,968$19,333,118$21,447,308
31$22,675,845$20,543,636$19,939,920$22,952,502
32$24,946,637$21,508,130$20,565,763$24,581,019
33$27,447,722$22,518,556$21,211,244$26,347,940
34$30,202,549$23,577,124$21,876,979$28,266,251
35$33,236,955$24,686,149$22,563,605$30,350,215
36$36,579,414$25,848,060$23,271,775$32,615,499
37$40,261,300$27,065,401$24,002,165$35,079,316
38$44,317,189$28,340,842$24,755,474$37,760,579
39$48,785,179$29,677,181$25,532,420$40,680,072
40$53,707,255$31,077,350$26,333,743$43,860,640
41$59,129,682$32,544,427$27,160,210$47,327,395
42$65,103,441$34,081,635$28,012,608$51,107,946
43$71,684,713$35,692,356$28,891,752$55,232,648
44$78,935,407$37,380,135$29,798,479$59,734,882
45$86,923,746$39,148,690$30,733,656$64,651,358
46$95,724,909$41,001,916$31,698,174$70,022,454
47$105,421,742$42,943,902$32,692,955$75,892,582
48$116,105,537$44,978,930$33,718,946$82,310,603
49$127,876,899$47,111,495$34,777,128$89,330,268
50$140,846,690$49,346,306$35,868,510$97,010,723
51$155,137,081$51,688,303$36,994,133$105,417,043
52$170,882,697$54,142,665$38,155,071$114,620,845
53$188,231,899$56,714,822$39,352,432$124,700,940
54$207,348,172$59,410,468$40,587,359$135,744,070
55$228,411,680$62,235,574$41,861,029$147,845,706
56$251,620,955$65,196,402$43,174,657$161,110,938
57$277,194,782$68,299,515$44,529,498$175,655,445
58$305,374,257$71,551,798$45,926,843$191,606,574
59$336,425,065$74,960,470$47,368,026$209,104,524
60$370,639,989$78,533,100$48,854,422$228,303,648
61$408,341,671$82,277,625$50,387,448$249,373,890
62$449,885,661$86,202,369$51,968,568$272,502,370
63$495,663,772$90,316,059$53,599,289$297,895,131
64$546,107,779$94,627,847$55,281,166$325,779,054
65$601,693,492$99,147,332$57,015,805$356,403,985
66$662,945,254$103,884,577$58,804,861$390,045,061
67$730,440,885$108,850,136$60,650,039$427,005,285
68$804,817,140$114,055,077$62,553,099$467,618,361
69$886,775,718$119,511,006$64,515,858$512,251,811
70$977,089,889$125,230,092$66,540,187$561,310,416
71$1,076,611,791$131,225,101$68,628,017$615,240,010
72$1,186,280,477$137,509,414$70,781,339$674,531,652
73$1,307,130,780$144,097,069$73,002,207$739,726,227
74$1,440,303,078$151,002,784$75,292,740$811,419,520
75$1,587,054,067$158,241,996$77,655,122$890,267,800
76$1,748,768,620$165,830,891$80,091,606$976,993,980
77$1,926,972,860$173,786,446$82,604,516$1,072,394,394
78$2,123,348,573$182,126,463$85,196,249$1,177,346,279
79$2,339,749,080$190,869,612$87,869,276$1,292,816,007
80$2,578,216,735$200,035,473$90,626,146$1,419,868,164
81$2,841,002,209$209,644,578$93,469,488$1,559,675,548
82$3,130,585,733$219,718,461$96,402,015$1,713,530,193
83$3,449,700,518$230,279,705$99,426,522$1,882,855,509
84$3,801,358,554$241,351,994$102,545,894$2,069,219,666
85$4,188,879,050$252,960,166$105,763,105$2,274,350,339
86$4,615,919,768$265,130,268$109,081,224$2,500,150,956
87$5,086,511,552$277,889,620$112,503,413$2,748,718,603
88$5,605,096,390$291,266,871$116,032,937$3,022,363,754
89$6,176,569,343$305,292,068$119,673,161$3,323,632,015
90$6,806,324,759$319,996,723$123,427,556$3,655,328,076
91$7,500,307,207$335,413,884$127,299,701$4,020,542,118
92$8,265,067,590$351,578,212$131,293,289$4,422,678,902
93$9,107,824,997$368,526,058$135,412,126$4,865,489,829
94$10,036,534,855$386,295,543$139,660,142$5,353,108,264
95$11,059,964,038$404,926,653$144,041,384$5,890,088,467
96$12,187,773,630$424,461,319$148,560,031$6,481,448,491
97$13,430,610,139$444,943,522$153,220,390$7,132,717,452
98$14,800,206,004$466,419,386$158,026,904$7,849,987,622
99$16,309,490,368$488,937,287$162,984,157$8,639,971,836
100$17,972,711,132$512,547,960$168,096,872$9,510,066,741