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%11%
1 years$1,552,486$1,538,658$1,525,166$1,511,997$1,499,138$1,492,821
2 years$768,558$754,244$740,372$726,922$713,875$707,498
3 years$507,282$492,907$479,070$465,746$452,912$446,672
4 years$376,670$362,339$348,640$335,544$323,021$316,965
5 years$298,323$284,078$270,559$257,730$245,555$239,703
6 years$246,109$231,971$218,652$206,108$194,299$188,658
7 years$208,828$194,809$181,701$169,453$158,017$152,589
8 years$180,880$166,987$154,097$142,150$131,091$125,876
9 years$159,154$145,392$132,723$121,080$110,397$105,396
10 years$141,783$128,156$115,711$104,372$94,064$89,273
11 years$127,580$114,090$101,870$90,835$80,898$76,315
12 years$115,753$102,401$90,407$79,675$70,105$65,725
13 years$105,753$92,541$80,773$70,341$61,133$56,953
14 years$97,189$84,117$72,575$62,441$53,589$49,604
15 years$89,773$76,842$65,525$55,686$47,184$43,389
16 years$83,291$70,501$59,408$49,861$41,701$38,092
17 years$77,577$64,929$54,059$44,800$36,975$33,546
18 years$72,504$59,997$49,349$40,373$32,876$29,622
19 years$67,971$55,605$45,177$36,481$29,303$26,218
20 years$63,895$51,671$41,461$33,040$26,174$23,252
21 years$60,213$48,129$38,136$29,986$23,423$20,658
22 years$56,870$44,927$35,148$27,264$20,996$18,381
23 years$53,822$42,019$32,453$24,830$18,847$16,378
24 years$51,032$39,369$30,014$22,647$16,940$14,611
25 years$48,469$36,946$27,799$20,682$15,243$13,048
26 years$46,108$34,723$25,782$18,911$13,731$11,663
27 years$43,925$32,679$23,941$17,309$12,379$10,434
28 years$41,901$30,793$22,256$15,859$11,170$9,341
29 years$40,021$29,050$20,711$14,543$10,086$8,368
30 years$38,269$27,434$19,292$13,347$9,114$7,501
31 years$36,633$25,935$17,985$12,258$8,240$6,727
32 years$35,103$24,539$16,780$11,266$7,453$6,036
33 years$33,668$23,239$15,668$10,360$6,745$5,418
34 years$32,321$22,026$14,639$9,532$6,107$4,865
35 years$31,053$20,891$13,687$8,775$5,531$4,370
36 years$29,859$19,828$12,804$8,081$5,012$3,927
37 years$28,732$18,833$11,984$7,446$4,542$3,529
38 years$27,666$17,898$11,222$6,863$4,118$3,173
39 years$26,658$17,019$10,514$6,328$3,734$2,853
40 years$25,703$16,192$9,855$5,837$3,387$2,566
41 years$24,796$15,413$9,241$5,385$3,073$2,308
42 years$23,935$14,679$8,668$4,970$2,788$2,076
43 years$23,116$13,986$8,134$4,588$2,531$1,868
44 years$22,337$13,332$7,635$4,236$2,297$1,681
45 years$21,594$12,713$7,169$3,912$2,085$1,513
46 years$20,886$12,128$6,733$3,614$1,893$1,362
47 years$20,210$11,574$6,326$3,338$1,719$1,226
48 years$19,564$11,049$5,945$3,085$1,561$1,104
49 years$18,946$10,551$5,588$2,851$1,418$994
50 years$18,355$10,079$5,253$2,635$1,288$895

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 $6,029 every year, while hoping to spend $54,099 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: 39/31/30 Blend
29$18,800,000$18,800,000$18,800,000$18,800,000
30$20,723,819$19,727,419$19,436,019$21,347,576
31$22,780,088$20,636,502$20,029,565$22,715,119
32$25,044,282$21,588,316$20,641,181$24,187,495
33$27,537,555$22,584,899$21,271,416$25,778,658
34$30,283,212$23,628,386$21,920,835$27,499,496
35$33,306,936$24,721,013$22,590,019$29,361,954
36$36,637,027$25,865,126$23,279,569$31,379,143
37$40,304,670$27,063,184$23,990,101$33,565,457
38$44,344,229$28,317,763$24,722,252$35,936,700
39$48,793,570$29,631,563$25,476,677$38,510,229
40$53,694,421$31,007,415$26,254,052$41,305,106
41$59,092,760$32,448,288$27,055,071$44,342,274
42$65,039,258$33,957,290$27,880,453$47,644,742
43$71,589,749$35,537,684$28,730,934$51,237,798
44$78,805,759$37,192,885$29,607,276$55,149,230
45$86,755,088$38,926,479$30,510,261$59,409,588
46$95,512,450$40,742,219$31,440,698$64,052,451
47$105,160,176$42,644,044$32,399,417$69,114,743
48$115,788,991$44,636,079$33,387,275$74,637,065
49$127,498,874$46,722,653$34,405,154$80,664,064
50$140,399,996$48,908,300$35,453,964$87,244,848
51$154,613,764$51,197,774$36,534,640$94,433,432
52$170,273,964$53,596,062$37,648,147$102,289,234
53$187,528,028$56,108,388$38,795,479$110,877,626
54$206,538,419$58,740,231$39,977,660$120,270,529
55$227,484,169$61,497,334$41,195,743$130,547,083
56$250,562,569$64,385,719$42,450,815$141,794,374
57$275,991,029$67,411,697$43,743,995$154,108,242
58$304,009,130$70,581,886$45,076,436$167,594,163
59$334,880,889$73,903,227$46,449,324$182,368,231
60$368,897,247$77,382,992$47,863,884$198,558,231
61$406,378,816$81,028,808$49,321,374$216,304,827
62$447,678,908$84,848,672$50,823,092$235,762,869
63$493,186,866$88,850,967$52,370,376$257,102,829
64$543,331,745$93,044,483$53,964,602$280,512,393
65$598,586,356$97,438,435$55,607,189$306,198,201
66$659,471,732$102,042,487$57,299,598$334,387,779
67$726,562,049$106,866,768$59,043,334$365,331,658
68$800,490,039$111,921,901$60,839,947$399,305,708
69$881,952,973$117,219,024$62,691,035$436,613,721
70$971,719,234$122,769,814$64,598,242$477,590,238
71$1,070,635,576$128,586,515$66,563,263$522,603,686
72$1,179,635,115$134,681,965$68,587,843$572,059,817
73$1,299,746,141$141,069,625$70,673,780$626,405,502
74$1,432,101,821$147,763,611$72,822,926$686,132,919
75$1,577,950,900$154,778,721$75,037,187$751,784,159
76$1,738,669,488$162,130,475$77,318,529$823,956,302
77$1,915,774,052$169,835,143$79,668,975$903,307,015
78$2,110,935,729$177,909,790$82,090,610$990,560,714
79$2,325,996,108$186,372,304$84,585,581$1,086,515,361
80$2,562,984,612$195,241,448$87,156,098$1,192,049,948
81$2,824,137,655$204,536,891$89,804,440$1,308,132,745
82$3,111,919,760$214,279,263$92,532,953$1,435,830,392
83$3,429,046,822$224,490,193$95,344,053$1,576,317,907
84$3,778,511,748$235,192,363$98,240,229$1,730,889,733
85$4,163,612,714$246,409,557$101,224,045$1,900,971,888
86$4,587,984,302$258,166,716$104,298,141$2,088,135,371
87$5,055,631,808$270,489,992$107,465,236$2,294,110,930
88$5,570,969,063$283,406,813$110,728,132$2,520,805,327
89$6,138,860,097$296,945,936$114,089,714$2,770,319,272
90$6,764,665,060$311,137,519$117,552,952$3,044,967,179
91$7,454,290,828$326,013,190$121,120,908$3,347,298,940
92$8,214,246,767$341,606,111$124,796,733$3,680,123,913
93$9,051,706,187$357,951,061$128,583,674$4,046,537,360
94$9,974,574,066$375,084,510$132,485,075$4,449,949,579
95$10,991,561,674$393,044,704$136,504,378$4,894,118,006
96$12,112,268,821$411,871,752$140,645,131$5,383,182,590
97$13,347,274,485$431,607,712$144,910,988$5,921,704,775
98$14,708,236,686$452,296,692$149,305,708$6,514,710,455
99$16,208,002,547$473,984,950$153,833,169$7,167,737,312
100$17,860,729,586$496,720,992$158,497,359$7,886,886,976