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%18.3%
1 years$1,552,486$1,538,658$1,525,166$1,511,997$1,499,138$1,448,831
2 years$768,558$754,244$740,372$726,922$713,875$663,688
3 years$507,282$492,907$479,070$465,746$452,912$404,420
4 years$376,670$362,339$348,640$335,544$323,021$276,596
5 years$298,323$284,078$270,559$257,730$245,555$201,320
6 years$246,109$231,971$218,652$206,108$194,299$152,290
7 years$208,828$194,809$181,701$169,453$158,017$118,227
8 years$180,880$166,987$154,097$142,150$131,091$93,490
9 years$159,154$145,392$132,723$121,080$110,397$74,940
10 years$141,783$128,156$115,711$104,372$94,064$60,694
11 years$127,580$114,090$101,870$90,835$80,898$49,550
12 years$115,753$102,401$90,407$79,675$70,105$40,708
13 years$105,753$92,541$80,773$70,341$61,133$33,613
14 years$97,189$84,117$72,575$62,441$53,589$27,867
15 years$89,773$76,842$65,525$55,686$47,184$23,179
16 years$83,291$70,501$59,408$49,861$41,701$19,332
17 years$77,577$64,929$54,059$44,800$36,975$16,159
18 years$72,504$59,997$49,349$40,373$32,876$13,532
19 years$67,971$55,605$45,177$36,481$29,303$11,349
20 years$63,895$51,671$41,461$33,040$26,174$9,530
21 years$60,213$48,129$38,136$29,986$23,423$8,012
22 years$56,870$44,927$35,148$27,264$20,996$6,741
23 years$53,822$42,019$32,453$24,830$18,847$5,676
24 years$51,032$39,369$30,014$22,647$16,940$4,782
25 years$48,469$36,946$27,799$20,682$15,243$4,031
26 years$46,108$34,723$25,782$18,911$13,731$3,399
27 years$43,925$32,679$23,941$17,309$12,379$2,868
28 years$41,901$30,793$22,256$15,859$11,170$2,420
29 years$40,021$29,050$20,711$14,543$10,086$2,043
30 years$38,269$27,434$19,292$13,347$9,114$1,725
31 years$36,633$25,935$17,985$12,258$8,240$1,457
32 years$35,103$24,539$16,780$11,266$7,453$1,230
33 years$33,668$23,239$15,668$10,360$6,745$1,039
34 years$32,321$22,026$14,639$9,532$6,107$878
35 years$31,053$20,891$13,687$8,775$5,531$742
36 years$29,859$19,828$12,804$8,081$5,012$627
37 years$28,732$18,833$11,984$7,446$4,542$530
38 years$27,666$17,898$11,222$6,863$4,118$447
39 years$26,658$17,019$10,514$6,328$3,734$378
40 years$25,703$16,192$9,855$5,837$3,387$320
41 years$24,796$15,413$9,241$5,385$3,073$270
42 years$23,935$14,679$8,668$4,970$2,788$228
43 years$23,116$13,986$8,134$4,588$2,531$193
44 years$22,337$13,332$7,635$4,236$2,297$163
45 years$21,594$12,713$7,169$3,912$2,085$138
46 years$20,886$12,128$6,733$3,614$1,893$117
47 years$20,210$11,574$6,326$3,338$1,719$98
48 years$19,564$11,049$5,945$3,085$1,561$83
49 years$18,946$10,551$5,588$2,851$1,418$70
50 years$18,355$10,079$5,253$2,635$1,288$59

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 $6,033 every year, while hoping to spend $26,677 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: 38/39/23 Blend
29$18,800,000$18,800,000$18,800,000$18,800,000
30$20,723,823$19,727,423$19,436,023$21,368,626
31$22,809,269$20,665,683$20,058,746$22,776,072
32$25,106,536$21,649,023$20,701,435$24,293,199
33$27,637,202$22,679,625$21,364,733$25,932,300
34$30,425,045$23,759,774$22,049,300$27,704,425
35$33,496,267$24,891,870$22,755,818$29,621,689
36$36,879,741$26,078,427$23,484,993$31,697,379
37$40,607,285$27,322,080$24,237,551$33,946,072
38$44,713,961$28,625,596$25,014,242$36,383,759
39$49,238,408$29,991,873$25,815,842$39,027,991
40$54,223,203$31,423,951$26,643,150$41,898,032
41$59,715,265$32,925,020$27,496,990$45,015,029
42$65,766,297$34,498,422$28,378,215$48,402,206
43$72,433,278$36,147,662$29,287,704$52,085,064
44$79,778,993$37,876,419$30,226,363$56,091,616
45$87,872,633$39,688,546$31,195,129$60,452,636
46$96,790,444$41,588,087$32,194,968$65,201,937
47$106,616,448$43,579,282$33,226,878$70,376,676
48$117,443,236$45,666,578$34,291,889$76,017,690
49$129,372,842$47,854,635$35,391,063$82,169,866
50$142,517,704$50,148,345$36,525,496$88,882,552
51$157,001,731$52,552,835$37,696,321$96,210,001
52$172,961,467$55,073,483$38,904,707$104,211,870
53$190,547,380$57,715,927$40,151,858$112,953,764
54$209,925,287$60,486,082$41,439,020$122,507,835
55$231,277,917$63,390,151$42,767,477$132,953,446
56$254,806,632$66,434,636$44,138,556$144,377,896
57$280,733,335$69,626,360$45,553,624$156,877,225
58$309,302,560$72,972,475$47,014,095$170,557,095
59$340,783,779$76,480,485$48,521,425$185,533,767
60$375,473,952$80,158,257$50,077,121$201,935,174
61$413,700,325$84,014,041$51,682,734$219,902,096
62$455,823,521$88,056,492$53,339,868$239,589,470
63$502,240,944$92,294,684$55,050,178$261,167,820
64$553,390,533$96,738,136$56,815,371$284,824,836
65$609,754,891$101,396,829$58,637,210$310,767,116
66$671,865,848$106,281,231$60,517,514$339,222,084
67$740,309,475$111,402,321$62,458,161$370,440,101
68$815,731,621$116,771,615$64,461,089$404,696,796
69$898,844,009$122,401,186$66,528,299$442,295,624
70$990,430,955$128,303,702$68,661,854$483,570,699
71$1,091,356,773$134,492,444$70,863,886$528,889,901
72$1,202,573,932$140,981,342$73,136,595$578,658,309
73$1,325,132,053$147,785,008$75,482,251$633,321,979
74$1,460,187,814$154,918,764$77,903,198$693,372,107
75$1,609,015,869$162,398,682$80,401,853$759,349,618
76$1,773,020,886$170,241,616$82,980,713$831,850,219
77$1,953,750,805$178,465,243$85,642,356$911,529,970
78$2,152,911,451$187,088,105$88,389,439$999,111,421
79$2,372,382,643$196,129,646$91,224,709$1,095,390,372
80$2,614,235,935$205,610,260$94,150,999$1,201,243,324
81$2,880,754,175$215,551,338$97,171,232$1,317,635,689
82$3,174,453,060$225,975,313$100,288,428$1,445,630,837
83$3,498,104,884$236,905,715$103,505,702$1,586,400,058
84$3,854,764,708$248,367,221$106,826,269$1,741,233,552
85$4,247,799,208$260,385,714$110,253,448$1,911,552,526
86$4,680,918,454$272,988,341$113,790,666$2,098,922,530
87$5,158,210,941$286,203,575$117,441,458$2,305,068,150
88$5,684,182,184$300,061,277$121,209,474$2,531,889,202
89$6,263,797,256$314,592,769$125,098,481$2,781,478,568
90$6,902,527,663$329,830,901$129,112,367$3,056,141,861
91$7,606,402,999$345,810,130$133,255,145$3,358,419,083
92$8,382,067,871$362,566,592$137,530,958$3,691,108,500
93$9,236,844,630$380,138,191$141,944,082$4,057,292,943
94$10,178,802,502$398,564,683$146,498,929$4,460,368,794
95$11,216,833,769$417,887,764$151,200,054$4,904,077,928
96$12,360,737,717$438,151,168$156,052,160$5,392,542,903
97$13,621,313,156$459,400,766$161,060,099$5,930,305,749
98$15,010,460,365$481,684,671$166,228,879$6,522,370,702
99$16,541,293,448$505,053,345$171,563,672$7,174,251,297
100$18,228,264,138$529,559,718$177,069,813$7,892,022,266