Can I retire at age 30 with 18,800,000?

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 $18,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$1,552,486$1,538,658$1,525,166$1,511,997$1,499,138$1,467,670
2 years$768,558$754,244$740,372$726,922$713,875$682,320
3 years$507,282$492,907$479,070$465,746$452,912$422,254
4 years$376,670$362,339$348,640$335,544$323,021$293,496
5 years$298,323$284,078$270,559$257,730$245,555$217,248
6 years$246,109$231,971$218,652$206,108$194,299$167,239
7 years$208,828$194,809$181,701$169,453$158,017$132,210
8 years$180,880$166,987$154,097$142,150$131,091$106,528
9 years$159,154$145,392$132,723$121,080$110,397$87,063
10 years$141,783$128,156$115,711$104,372$94,064$71,934
11 years$127,580$114,090$101,870$90,835$80,898$59,944
12 years$115,753$102,401$90,407$79,675$70,105$50,295
13 years$105,753$92,541$80,773$70,341$61,133$42,434
14 years$97,189$84,117$72,575$62,441$53,589$35,963
15 years$89,773$76,842$65,525$55,686$47,184$30,594
16 years$83,291$70,501$59,408$49,861$41,701$26,108
17 years$77,577$64,929$54,059$44,800$36,975$22,337
18 years$72,504$59,997$49,349$40,373$32,876$19,154
19 years$67,971$55,605$45,177$36,481$29,303$16,454
20 years$63,895$51,671$41,461$33,040$26,174$14,158
21 years$60,213$48,129$38,136$29,986$23,423$12,198
22 years$56,870$44,927$35,148$27,264$20,996$10,522
23 years$53,822$42,019$32,453$24,830$18,847$9,085
24 years$51,032$39,369$30,014$22,647$16,940$7,851
25 years$48,469$36,946$27,799$20,682$15,243$6,789
26 years$46,108$34,723$25,782$18,911$13,731$5,875
27 years$43,925$32,679$23,941$17,309$12,379$5,087
28 years$41,901$30,793$22,256$15,859$11,170$4,406
29 years$40,021$29,050$20,711$14,543$10,086$3,818
30 years$38,269$27,434$19,292$13,347$9,114$3,310
31 years$36,633$25,935$17,985$12,258$8,240$2,870
32 years$35,103$24,539$16,780$11,266$7,453$2,489
33 years$33,668$23,239$15,668$10,360$6,745$2,159
34 years$32,321$22,026$14,639$9,532$6,107$1,874
35 years$31,053$20,891$13,687$8,775$5,531$1,626
36 years$29,859$19,828$12,804$8,081$5,012$1,411
37 years$28,732$18,833$11,984$7,446$4,542$1,225
38 years$27,666$17,898$11,222$6,863$4,118$1,064
39 years$26,658$17,019$10,514$6,328$3,734$924
40 years$25,703$16,192$9,855$5,837$3,387$802
41 years$24,796$15,413$9,241$5,385$3,073$696
42 years$23,935$14,679$8,668$4,970$2,788$605
43 years$23,116$13,986$8,134$4,588$2,531$525
44 years$22,337$13,332$7,635$4,236$2,297$456
45 years$21,594$12,713$7,169$3,912$2,085$396
46 years$20,886$12,128$6,733$3,614$1,893$344
47 years$20,210$11,574$6,326$3,338$1,719$299
48 years$19,564$11,049$5,945$3,085$1,561$260
49 years$18,946$10,551$5,588$2,851$1,418$226
50 years$18,355$10,079$5,253$2,635$1,288$196

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $18,800,000, adding $5,719 every year, while hoping to spend $21,238 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: 67/10/23 Blend
29$18,800,000$18,800,000$18,800,000$18,800,000
30$20,723,499$19,727,099$19,435,699$21,989,846
31$22,814,699$20,671,130$20,064,198$23,784,596
32$25,118,489$21,660,706$20,713,040$25,743,673
33$27,656,532$22,698,038$21,382,883$27,885,713
34$30,452,698$23,785,441$22,074,410$30,228,743
35$33,533,292$24,925,346$22,788,321$32,792,608
36$36,927,300$26,120,301$23,525,342$35,599,149
37$40,666,666$27,372,977$24,286,222$38,672,411
38$44,786,590$28,686,177$25,071,735$42,038,860
39$49,325,861$30,062,839$25,882,677$45,727,634
40$54,327,226$31,506,045$26,719,874$49,770,814
41$59,837,790$33,019,028$27,584,176$54,203,720
42$65,909,460$34,605,176$28,476,462$59,065,244
43$72,599,439$36,268,044$29,397,638$64,398,207
44$79,970,764$38,011,359$30,348,640$70,249,766
45$88,092,898$39,839,032$31,330,436$76,671,850
46$97,042,391$41,755,162$32,344,023$83,721,644
47$106,903,599$43,764,050$33,390,432$91,462,129
48$117,769,481$45,870,203$34,470,726$99,962,666
49$129,742,477$48,078,352$35,586,005$109,299,647
50$142,935,475$50,393,456$36,737,401$119,557,213
51$157,472,875$52,820,717$37,926,086$130,828,037
52$173,491,767$55,365,591$39,153,268$143,214,197
53$191,143,220$58,033,798$40,420,195$156,828,132
54$210,593,713$60,831,339$41,728,157$171,793,694
55$232,026,704$63,764,506$43,078,482$188,247,314
56$255,644,361$66,839,901$44,472,545$206,339,281
57$281,669,474$70,064,444$45,911,763$226,235,152
58$310,347,555$73,445,396$47,397,601$248,117,308
59$341,949,155$76,990,370$48,931,570$272,186,666
60$376,772,421$80,707,351$50,515,231$298,664,570
61$415,145,912$84,604,715$52,150,195$327,794,867
62$457,431,693$88,691,244$53,838,125$359,846,203
63$504,028,763$92,976,152$55,580,739$395,114,549
64$555,376,813$97,469,100$57,379,810$433,925,983
65$611,960,384$102,180,221$59,237,169$476,639,757
66$674,313,435$107,120,145$61,154,707$523,651,680
67$743,024,391$112,300,017$63,134,374$575,397,843
68$818,741,689$117,731,528$65,178,187$632,358,719
69$902,179,910$123,426,942$67,288,224$695,063,692
70$994,126,516$129,399,117$69,466,635$764,096,037
71$1,095,449,290$135,661,543$71,715,637$840,098,415
72$1,207,104,526$142,228,367$74,037,519$923,778,923
73$1,330,146,057$149,114,427$76,434,646$1,015,917,770
74$1,465,735,206$156,335,284$78,909,457$1,117,374,617
75$1,615,151,747$163,907,263$81,464,474$1,229,096,685
76$1,779,805,989$171,847,483$84,102,298$1,352,127,677
77$1,961,252,090$180,173,899$86,825,614$1,487,617,610
78$2,161,202,728$188,905,346$89,637,198$1,636,833,661
79$2,381,545,274$198,061,575$92,539,911$1,801,172,101
80$2,624,359,605$207,663,306$95,536,712$1,982,171,466
81$2,891,937,744$217,732,267$98,630,651$2,181,527,052
82$3,186,805,498$228,291,252$101,824,882$2,401,106,903
83$3,511,746,301$239,364,166$105,122,657$2,642,969,422
84$3,869,827,495$250,976,081$108,527,337$2,909,382,779
85$4,264,429,287$263,153,297$112,042,391$3,202,846,300
86$4,699,276,663$275,923,397$115,671,400$3,526,114,037
87$5,178,474,553$289,315,313$119,418,062$3,882,220,736
88$5,706,546,584$303,359,391$123,286,194$4,274,510,465
89$6,288,477,794$318,087,459$127,279,739$4,706,668,151
90$6,929,761,685$333,532,901$131,402,767$5,182,754,339
91$7,636,452,097$349,730,733$135,659,480$5,707,243,491
92$8,415,220,354$366,717,682$140,054,216$6,285,066,199
93$9,273,418,254$384,532,272$144,591,455$6,921,655,693
94$10,219,147,469$403,214,907$149,275,823$7,622,999,102
95$11,261,336,043$422,807,969$154,112,094$8,395,693,938
96$12,409,822,670$443,355,910$159,105,200$9,247,010,339
97$13,675,449,589$464,905,356$164,260,231$10,184,959,664
98$15,070,164,941$487,505,213$169,582,443$11,218,370,085
99$16,607,135,574$511,206,777$175,077,264$12,356,969,883
100$18,300,871,346$536,063,853$180,750,295$13,611,479,242