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%17.6%
1 years$1,544,229$1,530,473$1,517,053$1,503,955$1,491,164$1,445,167
2 years$764,470$750,232$736,434$723,055$710,078$664,139
3 years$504,584$490,285$476,521$463,268$450,503$406,063
4 years$374,667$360,411$346,785$333,759$321,302$278,702
5 years$296,736$282,567$269,120$256,359$244,249$203,603
6 years$244,800$230,737$217,489$205,012$193,266$154,609
7 years$207,717$193,773$180,734$168,552$157,177$120,508
8 years$179,918$166,099$153,277$141,394$130,393$95,688
9 years$158,307$144,619$132,017$120,436$109,810$77,030
10 years$141,029$127,475$115,096$103,817$93,564$62,662
11 years$126,902$113,483$101,328$90,352$80,468$51,389
12 years$115,137$101,856$89,926$79,251$69,732$42,416
13 years$105,190$92,048$80,343$69,967$60,807$35,189
14 years$96,672$83,669$72,189$62,109$53,303$29,316
15 years$89,296$76,434$65,177$55,390$46,933$24,506
16 years$82,848$70,126$59,092$49,596$41,479$20,542
17 years$77,165$64,584$53,772$44,561$36,778$17,259
18 years$72,119$59,678$49,087$40,159$32,702$14,529
19 years$67,609$55,309$44,936$36,287$29,148$12,250
20 years$63,555$51,396$41,240$32,865$26,035$10,342
21 years$59,893$47,873$37,933$29,827$23,299$8,741
22 years$56,567$44,688$34,961$27,119$20,884$7,395
23 years$53,535$41,796$32,281$24,698$18,747$6,261
24 years$50,760$39,160$29,854$22,526$16,850$5,304
25 years$48,211$36,750$27,651$20,572$15,162$4,496
26 years$45,862$34,539$25,645$18,810$13,658$3,813
27 years$43,691$32,505$23,813$17,217$12,314$3,235
28 years$41,678$30,629$22,138$15,775$11,111$2,746
29 years$39,808$28,895$20,601$14,466$10,033$2,331
30 years$38,065$27,288$19,189$13,276$9,065$1,980
31 years$36,438$25,797$17,889$12,193$8,196$1,681
32 years$34,916$24,409$16,691$11,206$7,414$1,428
33 years$33,489$23,116$15,585$10,305$6,709$1,214
34 years$32,149$21,908$14,561$9,481$6,075$1,031
35 years$30,888$20,780$13,614$8,728$5,502$876
36 years$29,700$19,723$12,735$8,038$4,985$745
37 years$28,579$18,732$11,920$7,406$4,518$633
38 years$27,519$17,802$11,163$6,826$4,096$538
39 years$26,516$16,928$10,458$6,294$3,714$457
40 years$25,566$16,106$9,802$5,806$3,369$389
41 years$24,664$15,331$9,192$5,356$3,057$331
42 years$23,808$14,601$8,622$4,943$2,774$281
43 years$22,993$13,912$8,091$4,563$2,517$239
44 years$22,218$13,261$7,594$4,213$2,285$203
45 years$21,480$12,645$7,131$3,891$2,074$173
46 years$20,775$12,063$6,698$3,594$1,883$147
47 years$20,103$11,512$6,292$3,321$1,710$125
48 years$19,460$10,990$5,913$3,068$1,553$106
49 years$18,846$10,495$5,558$2,836$1,410$90
50 years$18,258$10,025$5,225$2,621$1,281$77

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 $5,280 every year, while hoping to spend $34,002 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: 37/33/30 Blend
29$18,700,000$18,700,000$18,700,000$18,700,000
30$20,612,846$19,621,746$19,331,896$21,190,648
31$22,679,179$20,547,034$19,943,337$22,545,721
32$24,955,138$21,516,521$20,574,121$24,004,975
33$27,462,069$22,532,338$21,224,861$25,580,634
34$30,223,494$23,596,717$21,896,189$27,283,256
35$33,265,334$24,712,000$22,588,755$29,124,423
36$36,616,152$25,880,641$23,303,232$31,116,841
37$40,307,422$27,105,216$24,040,313$33,274,447
38$44,373,830$28,388,422$24,800,714$35,612,542
39$48,853,595$29,733,088$25,585,172$38,147,916
40$53,788,835$31,142,184$26,394,449$40,899,007
41$59,225,964$32,618,818$27,229,330$43,886,060
42$65,216,125$34,166,253$28,090,626$47,131,308
43$71,815,680$35,787,910$28,979,172$50,659,176
44$79,086,737$37,487,374$29,895,832$54,496,496
45$87,097,735$39,268,407$30,841,493$58,672,752
46$95,924,096$41,134,951$31,817,076$63,220,346
47$105,648,932$43,091,142$32,823,525$68,174,890
48$116,363,828$45,141,313$33,861,819$73,575,533
49$128,169,714$47,290,013$34,932,965$79,465,312
50$141,177,808$49,542,006$36,038,003$85,891,550
51$155,510,674$51,902,294$37,178,005$92,906,282
52$171,303,372$54,376,116$38,354,078$100,566,737
53$188,704,740$56,968,970$39,567,364$108,935,858
54$207,878,794$59,686,619$40,819,040$118,082,882
55$229,006,274$62,535,108$42,110,322$128,083,973
56$252,286,359$65,520,773$43,442,463$139,022,926
57$277,938,539$68,650,261$44,816,756$150,991,938
58$306,204,688$71,930,542$46,234,535$164,092,459
59$337,351,351$75,368,924$47,697,177$178,436,124
60$371,672,258$78,973,071$49,206,102$194,145,795
61$409,491,097$82,751,020$50,762,775$211,356,686
62$451,164,568$86,711,198$52,368,706$230,217,626
63$497,085,752$90,862,445$54,025,456$250,892,432
64$547,687,822$95,214,028$55,734,633$273,561,435
65$603,448,132$99,775,668$57,497,895$298,423,149
66$664,892,723$104,557,557$59,316,956$325,696,122
67$732,601,287$109,570,384$61,193,581$355,620,965
68$807,212,645$114,825,359$63,129,592$388,462,598
69$889,430,771$120,334,238$65,126,869$424,512,711
70$980,031,442$126,109,349$67,187,352$464,092,488
71$1,079,869,562$132,163,620$69,313,042$507,555,605
72$1,189,887,230$138,510,610$71,506,001$555,291,525
73$1,311,122,636$145,164,538$73,768,361$607,729,145
74$1,444,719,861$152,140,316$76,102,317$665,340,794
75$1,591,939,679$159,453,583$78,510,136$728,646,656
76$1,754,171,457$167,120,740$80,994,156$798,219,637
77$1,932,946,275$175,158,986$83,556,790$874,690,720
78$2,129,951,379$183,586,360$86,200,526$958,754,879
79$2,347,046,107$192,421,779$88,927,932$1,051,177,586
80$2,586,279,448$201,685,085$91,741,656$1,152,801,985
81$2,849,909,381$211,397,083$94,644,431$1,264,556,795
82$3,140,424,195$221,579,596$97,639,075$1,387,465,019
83$3,460,565,976$232,255,511$100,728,498$1,522,653,540
84$3,813,356,503$243,448,828$103,915,700$1,671,363,698
85$4,202,125,767$255,184,721$107,203,777$1,834,962,937
86$4,630,543,413$267,489,590$110,595,921$2,014,957,648
87$5,102,653,385$280,391,123$114,095,428$2,213,007,315
88$5,622,912,101$293,918,360$117,705,696$2,430,940,105
89$6,196,230,532$308,101,756$121,430,233$2,670,770,047
90$6,828,020,556$322,973,251$125,272,655$2,934,715,961
91$7,524,246,059$338,566,348$129,236,696$3,225,222,315
92$8,291,479,237$354,916,179$133,326,206$3,544,982,213
93$9,136,962,642$372,059,594$137,545,156$3,896,962,722
94$10,068,677,559$390,035,242$141,897,646$4,284,432,780
95$11,095,419,356$408,883,654$146,387,904$4,710,993,954
96$12,226,880,522$428,647,345$151,020,290$5,180,614,329
97$13,473,742,171$449,370,901$155,799,306$5,697,665,852
98$14,847,774,884$471,101,086$160,729,593$6,266,965,488
99$16,361,949,830$493,886,947$165,815,942$6,893,820,567
100$18,030,561,230$517,779,925$171,063,294$7,584,078,754