Can I retire at age 30 with 18,900,000?

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 $18,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$1,560,744$1,546,842$1,533,278$1,520,040$1,507,113$1,450,755
2 years$772,646$758,256$744,310$730,788$717,673$661,539
3 years$509,981$495,529$481,618$468,223$455,321$401,177
4 years$378,674$364,266$350,494$337,328$324,739$272,997
5 years$299,910$285,589$271,998$259,101$246,861$197,655
6 years$247,418$233,205$219,815$207,205$195,333$148,698
7 years$209,939$195,845$182,667$170,354$158,858$114,780
8 years$181,842$167,875$154,916$142,906$131,788$90,228
9 years$160,000$146,166$133,429$121,724$110,985$71,884
10 years$142,537$128,838$116,327$104,928$94,564$57,852
11 years$128,259$114,697$102,412$91,318$81,329$46,924
12 years$116,368$102,946$90,888$80,099$70,478$38,295
13 years$106,315$93,033$81,203$70,715$61,458$31,405
14 years$97,706$84,564$72,961$62,773$53,874$25,855
15 years$90,251$77,251$65,874$55,982$47,435$21,353
16 years$83,734$70,876$59,724$50,126$41,923$17,681
17 years$77,990$65,274$54,347$45,038$37,172$14,670
18 years$72,890$60,317$49,612$40,588$33,051$12,194
19 years$68,332$55,901$45,417$36,675$29,459$10,150
20 years$64,235$51,946$41,681$33,216$26,314$8,458
21 years$60,533$48,385$38,339$30,146$23,548$7,055
22 years$57,172$45,166$35,335$27,409$21,107$5,890
23 years$54,108$42,243$32,626$24,962$18,947$4,920
24 years$51,303$39,579$30,173$22,767$17,030$4,113
25 years$48,727$37,143$27,947$20,792$15,324$3,439
26 years$46,353$34,908$25,919$19,011$13,804$2,877
27 years$44,158$32,853$24,068$17,402$12,445$2,408
28 years$42,124$30,957$22,374$15,944$11,230$2,015
29 years$40,233$29,204$20,821$14,621$10,140$1,687
30 years$38,472$27,580$19,394$13,418$9,162$1,413
31 years$36,828$26,073$18,081$12,323$8,283$1,183
32 years$35,289$24,670$16,870$11,326$7,493$991
33 years$33,847$23,363$15,751$10,415$6,781$830
34 years$32,493$22,143$14,717$9,582$6,140$696
35 years$31,218$21,002$13,759$8,821$5,561$583
36 years$30,018$19,934$12,872$8,124$5,038$488
37 years$28,884$18,933$12,048$7,485$4,566$409
38 years$27,813$17,993$11,282$6,899$4,140$343
39 years$26,800$17,109$10,570$6,362$3,754$287
40 years$25,839$16,278$9,907$5,868$3,405$241
41 years$24,928$15,495$9,290$5,414$3,089$202
42 years$24,062$14,757$8,714$4,996$2,803$169
43 years$23,239$14,061$8,177$4,612$2,544$142
44 years$22,456$13,403$7,676$4,258$2,309$119
45 years$21,709$12,781$7,207$3,933$2,096$100
46 years$20,997$12,192$6,769$3,633$1,903$84
47 years$20,318$11,635$6,360$3,356$1,728$70
48 years$19,668$11,107$5,976$3,101$1,570$59
49 years$19,047$10,607$5,617$2,866$1,426$49
50 years$18,453$10,132$5,281$2,649$1,295$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $18,900,000, adding $2,871 every year, while hoping to spend $37,427 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: 37/49/14 Blend
29$18,900,000$18,900,000$18,900,000$18,900,000
30$20,830,761$19,829,061$19,536,111$21,512,354
31$22,915,677$20,760,863$20,150,749$22,933,187
32$25,212,000$21,737,069$20,784,723$24,463,082
33$27,741,253$22,759,815$21,438,641$26,114,763
34$30,527,156$23,831,341$22,113,130$27,899,143
35$33,595,844$24,953,995$22,808,838$29,828,179
36$36,976,119$26,130,239$23,526,433$31,914,976
37$40,699,716$27,362,654$24,266,601$34,173,902
38$44,801,610$28,653,947$25,030,055$36,620,710
39$49,320,338$30,006,954$25,817,526$39,272,678
40$54,298,369$31,424,651$26,629,769$42,148,761
41$59,782,500$32,910,157$27,467,565$45,269,756
42$65,824,303$34,466,742$28,331,715$48,658,489
43$72,480,605$36,097,836$29,223,051$52,340,012
44$79,814,029$37,807,033$30,142,426$56,341,833
45$87,893,586$39,598,103$31,090,723$60,694,153
46$96,795,321$41,475,000$32,068,852$65,430,144
47$106,603,036$43,441,867$33,077,751$70,586,241
48$117,409,078$45,503,050$34,118,387$76,202,472
49$129,315,210$47,663,106$35,191,759$82,322,816
50$142,433,575$49,926,812$36,298,897$88,995,603
51$156,887,753$52,299,179$37,440,863$96,273,951
52$172,813,924$54,785,459$38,618,752$104,216,245
53$190,362,159$57,391,161$39,833,695$112,886,669
54$209,697,832$60,122,060$41,086,857$122,355,791
55$231,003,183$62,984,214$42,379,439$132,701,204
56$254,479,040$65,983,973$43,712,682$144,008,239
57$280,346,711$69,127,996$45,087,866$156,370,738
58$308,850,074$72,423,267$46,506,308$169,891,923
59$340,257,883$75,877,108$47,969,370$184,685,334
60$374,866,298$79,497,197$49,478,456$200,875,880
61$413,001,689$83,291,588$51,035,012$218,600,982
62$455,023,709$87,268,724$52,640,533$238,011,842
63$501,328,694$91,437,458$54,296,557$259,274,836
64$552,353,403$95,807,076$56,004,675$282,573,051
65$608,579,142$100,387,314$57,766,523$308,107,976
66$670,536,305$105,188,384$59,583,793$336,101,367
67$738,809,386$110,220,992$61,458,227$366,797,302
68$814,042,489$115,496,366$63,391,623$400,464,441
69$896,945,417$121,026,282$65,385,836$437,398,518
70$988,300,367$126,823,087$67,442,780$477,925,091
71$1,088,969,317$132,899,732$69,564,426$522,402,565
72$1,199,902,164$139,269,795$71,752,810$571,225,525
73$1,322,145,686$145,947,517$74,010,031$624,828,410
74$1,456,853,434$152,947,832$76,338,255$683,689,557
75$1,605,296,612$160,286,404$78,739,714$748,335,660
76$1,768,876,083$167,979,655$81,216,712$819,346,685
77$1,949,135,597$176,044,811$83,771,624$897,361,277
78$2,147,776,356$184,499,935$86,406,902$983,082,724
79$2,366,673,084$193,363,972$89,125,073$1,077,285,529
80$2,607,891,720$202,656,788$91,928,745$1,180,822,649
81$2,873,708,924$212,399,218$94,820,605$1,294,633,466
82$3,166,633,567$222,613,113$97,803,429$1,419,752,583
83$3,489,430,424$233,321,389$100,880,077$1,557,319,499
84$3,845,146,268$244,548,078$104,053,500$1,708,589,288
85$4,237,138,637$256,318,383$107,326,742$1,874,944,348
86$4,669,107,532$268,658,738$110,702,942$2,057,907,358
87$5,145,130,348$281,596,864$114,185,339$2,259,155,555
88$5,669,700,368$295,161,835$117,777,272$2,480,536,455
89$6,247,769,182$309,384,140$121,482,186$2,724,085,193
90$6,884,793,435$324,295,760$125,303,636$2,992,043,612
91$7,586,786,343$339,930,230$129,245,286$3,286,881,311
92$8,360,374,463$356,322,724$133,310,916$3,611,318,829
93$9,212,860,253$373,510,132$137,504,426$3,968,353,197
94$10,152,291,012$391,531,142$141,829,838$4,361,286,088
95$11,187,534,858$410,426,331$146,291,300$4,793,754,846
96$12,328,364,446$430,238,254$150,893,092$5,269,766,669
97$13,585,549,235$451,011,544$155,639,626$5,793,736,275
98$14,970,957,158$472,793,011$160,535,454$6,370,527,416
99$16,497,666,670$495,631,749$165,585,273$7,005,498,617
100$18,180,090,215$519,579,250$170,793,925$7,704,553,575