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

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 $18,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$1,552,486$1,538,658$1,525,166$1,511,997$1,499,138$1,447,676
2 years$768,558$754,244$740,372$726,922$713,875$662,552
3 years$507,282$492,907$479,070$465,746$452,912$403,339
4 years$376,670$362,339$348,640$335,544$323,021$275,578
5 years$298,323$284,078$270,559$257,730$245,555$200,368
6 years$246,109$231,971$218,652$206,108$194,299$151,403
7 years$208,828$194,809$181,701$169,453$158,017$117,405
8 years$180,880$166,987$154,097$142,150$131,091$92,730
9 years$159,154$145,392$132,723$121,080$110,397$74,240
10 years$141,783$128,156$115,711$104,372$94,064$60,051
11 years$127,580$114,090$101,870$90,835$80,898$48,962
12 years$115,753$102,401$90,407$79,675$70,105$40,172
13 years$105,753$92,541$80,773$70,341$61,133$33,124
14 years$97,189$84,117$72,575$62,441$53,589$27,424
15 years$89,773$76,842$65,525$55,686$47,184$22,778
16 years$83,291$70,501$59,408$49,861$41,701$18,970
17 years$77,577$64,929$54,059$44,800$36,975$15,833
18 years$72,504$59,997$49,349$40,373$32,876$13,239
19 years$67,971$55,605$45,177$36,481$29,303$11,087
20 years$63,895$51,671$41,461$33,040$26,174$9,296
21 years$60,213$48,129$38,136$29,986$23,423$7,802
22 years$56,870$44,927$35,148$27,264$20,996$6,555
23 years$53,822$42,019$32,453$24,830$18,847$5,510
24 years$51,032$39,369$30,014$22,647$16,940$4,635
25 years$48,469$36,946$27,799$20,682$15,243$3,901
26 years$46,108$34,723$25,782$18,911$13,731$3,284
27 years$43,925$32,679$23,941$17,309$12,379$2,766
28 years$41,901$30,793$22,256$15,859$11,170$2,331
29 years$40,021$29,050$20,711$14,543$10,086$1,964
30 years$38,269$27,434$19,292$13,347$9,114$1,656
31 years$36,633$25,935$17,985$12,258$8,240$1,396
32 years$35,103$24,539$16,780$11,266$7,453$1,177
33 years$33,668$23,239$15,668$10,360$6,745$993
34 years$32,321$22,026$14,639$9,532$6,107$837
35 years$31,053$20,891$13,687$8,775$5,531$706
36 years$29,859$19,828$12,804$8,081$5,012$596
37 years$28,732$18,833$11,984$7,446$4,542$502
38 years$27,666$17,898$11,222$6,863$4,118$424
39 years$26,658$17,019$10,514$6,328$3,734$358
40 years$25,703$16,192$9,855$5,837$3,387$302
41 years$24,796$15,413$9,241$5,385$3,073$255
42 years$23,935$14,679$8,668$4,970$2,788$215
43 years$23,116$13,986$8,134$4,588$2,531$181
44 years$22,337$13,332$7,635$4,236$2,297$153
45 years$21,594$12,713$7,169$3,912$2,085$129
46 years$20,886$12,128$6,733$3,614$1,893$109
47 years$20,210$11,574$6,326$3,338$1,719$92
48 years$19,564$11,049$5,945$3,085$1,561$78
49 years$18,946$10,551$5,588$2,851$1,418$65
50 years$18,355$10,079$5,253$2,635$1,288$55

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 $3,763 every year, while hoping to spend $22,572 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: 72/18/10 Blend
29$18,800,000$18,800,000$18,800,000$18,800,000
30$20,721,482$19,725,082$19,433,682$22,173,881
31$22,811,056$20,667,594$20,060,693$24,076,988
32$25,113,011$21,655,533$20,707,954$26,156,953
33$27,648,985$22,691,101$21,376,117$28,433,754
34$30,442,823$23,776,607$22,065,859$30,926,815
35$33,520,802$24,914,472$22,777,876$33,657,517
36$36,911,879$26,107,236$23,512,890$36,649,388
37$40,647,963$27,357,562$24,271,644$39,928,325
38$44,764,215$28,668,243$25,054,904$43,522,836
39$49,299,386$30,042,208$25,863,464$47,464,298
40$54,296,174$31,482,527$26,698,141$51,787,258
41$59,801,634$32,992,421$27,559,779$56,529,745
42$65,867,620$34,575,269$28,449,251$61,733,629
43$72,551,273$36,234,613$29,367,456$67,445,011
44$79,915,560$37,974,166$30,315,323$73,714,650
45$88,029,872$39,797,825$31,293,812$80,598,437
46$96,970,677$41,709,676$32,303,912$88,157,918
47$106,822,239$43,714,003$33,346,646$96,460,868
48$117,677,417$45,815,300$34,423,069$105,581,922
49$129,638,542$48,018,278$35,534,270$115,603,276
50$142,818,380$50,327,880$36,681,375$126,615,452
51$157,341,197$52,749,289$37,865,543$138,718,147
52$173,343,936$55,287,940$39,087,975$152,021,167
53$190,977,502$57,949,534$40,349,907$166,645,451
54$210,408,195$60,740,049$41,652,617$182,724,208
55$231,819,275$63,665,756$42,997,424$200,404,166
56$255,412,693$66,733,229$44,385,689$219,846,941
57$281,410,997$69,949,367$45,818,819$241,230,561
58$310,059,434$73,321,400$47,298,264$264,751,130
59$341,628,263$76,856,916$48,825,523$290,624,669
60$376,415,310$80,563,869$50,402,142$319,089,149
61$414,748,776$84,450,603$52,029,718$350,406,716
62$456,990,337$88,525,869$53,709,900$384,866,163
63$503,538,559$92,798,844$55,444,390$422,785,637
64$554,832,659$97,279,154$57,234,943$464,515,628
65$611,356,651$101,976,894$59,083,375$510,442,267
66$673,643,920$106,902,652$60,991,558$560,990,956
67$742,282,249$112,067,531$62,961,425$616,630,362
68$817,919,378$117,483,180$64,994,972$677,876,833
69$901,269,111$123,161,812$67,094,260$745,299,250
70$993,118,058$129,116,238$69,261,415$819,524,379
71$1,094,333,061$135,359,896$71,498,634$901,242,772
72$1,205,869,380$141,906,877$73,808,185$991,215,266
73$1,328,779,704$148,771,962$76,192,407$1,090,280,140
74$1,464,224,099$155,970,653$78,653,718$1,199,361,012
75$1,613,480,952$163,519,209$81,194,611$1,319,475,534
76$1,777,959,042$171,434,683$83,817,664$1,451,744,976
77$1,959,210,842$179,734,961$86,525,534$1,597,404,783
78$2,158,947,176$188,438,802$89,320,967$1,757,816,217
79$2,379,053,366$197,565,881$92,206,798$1,934,479,176
80$2,621,607,035$207,136,835$95,185,951$2,129,046,329
81$2,888,897,721$217,173,308$98,261,448$2,343,338,686
82$3,183,448,489$227,698,001$101,436,408$2,579,362,757
83$3,508,039,757$238,734,725$104,714,049$2,839,329,466
84$3,865,735,538$250,308,453$108,097,696$3,125,674,984
85$4,259,912,375$262,445,379$111,590,781$3,441,083,693
86$4,694,291,212$275,172,977$115,196,847$3,788,513,495
87$5,172,972,525$288,520,062$118,919,550$4,171,223,690
88$5,700,475,035$302,516,857$122,762,668$4,592,805,711
89$6,281,778,370$317,195,065$126,730,098$5,057,216,981
90$6,922,370,073$332,587,933$130,825,866$5,568,818,232
91$7,628,297,415$348,730,336$135,054,128$6,132,414,626
92$8,406,224,482$365,658,853$139,419,172$6,753,301,064
93$9,263,495,093$383,411,851$143,925,428$7,437,312,130
94$10,208,202,132$402,029,570$148,577,469$8,190,877,112
95$11,249,263,950$421,554,220$153,380,015$9,021,080,645
96$12,396,508,568$442,030,072$158,337,940$9,935,729,538
97$13,660,766,457$463,503,560$163,456,276$10,943,426,408
98$15,053,972,792$486,023,391$168,740,217$12,053,650,834
99$16,589,280,130$509,640,651$174,195,128$13,276,848,781
100$18,281,182,583$534,408,923$179,826,545$14,624,531,150