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%19.9%
1 years$1,560,744$1,546,842$1,533,278$1,520,040$1,507,113$1,447,316
2 years$772,646$758,256$744,310$730,788$717,673$658,170
3 years$509,981$495,529$481,618$468,223$455,321$397,986
4 years$378,674$364,266$350,494$337,328$324,739$270,007
5 years$299,910$285,589$271,998$259,101$246,861$194,873
6 years$247,418$233,205$219,815$207,205$195,333$146,120
7 years$209,939$195,845$182,667$170,354$158,858$112,404
8 years$181,842$167,875$154,916$142,906$131,788$88,045
9 years$160,000$146,166$133,429$121,724$110,985$69,886
10 years$142,537$128,838$116,327$104,928$94,564$56,031
11 years$128,259$114,697$102,412$91,318$81,329$45,269
12 years$116,368$102,946$90,888$80,099$70,478$36,796
13 years$106,315$93,033$81,203$70,715$61,458$30,052
14 years$97,706$84,564$72,961$62,773$53,874$24,637
15 years$90,251$77,251$65,874$55,982$47,435$20,261
16 years$83,734$70,876$59,724$50,126$41,923$16,703
17 years$77,990$65,274$54,347$45,038$37,172$13,798
18 years$72,890$60,317$49,612$40,588$33,051$11,417
19 years$68,332$55,901$45,417$36,675$29,459$9,460
20 years$64,235$51,946$41,681$33,216$26,314$7,847
21 years$60,533$48,385$38,339$30,146$23,548$6,515
22 years$57,172$45,166$35,335$27,409$21,107$5,414
23 years$54,108$42,243$32,626$24,962$18,947$4,501
24 years$51,303$39,579$30,173$22,767$17,030$3,744
25 years$48,727$37,143$27,947$20,792$15,324$3,116
26 years$46,353$34,908$25,919$19,011$13,804$2,594
27 years$44,158$32,853$24,068$17,402$12,445$2,160
28 years$42,124$30,957$22,374$15,944$11,230$1,800
29 years$40,233$29,204$20,821$14,621$10,140$1,499
30 years$38,472$27,580$19,394$13,418$9,162$1,249
31 years$36,828$26,073$18,081$12,323$8,283$1,041
32 years$35,289$24,670$16,870$11,326$7,493$868
33 years$33,847$23,363$15,751$10,415$6,781$724
34 years$32,493$22,143$14,717$9,582$6,140$603
35 years$31,218$21,002$13,759$8,821$5,561$503
36 years$30,018$19,934$12,872$8,124$5,038$419
37 years$28,884$18,933$12,048$7,485$4,566$350
38 years$27,813$17,993$11,282$6,899$4,140$292
39 years$26,800$17,109$10,570$6,362$3,754$243
40 years$25,839$16,278$9,907$5,868$3,405$203
41 years$24,928$15,495$9,290$5,414$3,089$169
42 years$24,062$14,757$8,714$4,996$2,803$141
43 years$23,239$14,061$8,177$4,612$2,544$118
44 years$22,456$13,403$7,676$4,258$2,309$98
45 years$21,709$12,781$7,207$3,933$2,096$82
46 years$20,997$12,192$6,769$3,633$1,903$68
47 years$20,318$11,635$6,360$3,356$1,728$57
48 years$19,668$11,107$5,976$3,101$1,570$47
49 years$19,047$10,607$5,617$2,866$1,426$40
50 years$18,453$10,132$5,281$2,649$1,295$33

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 $4,474 every year, while hoping to spend $38,552 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: 54/25/21 Blend
29$18,900,000$18,900,000$18,900,000$18,900,000
30$20,832,415$19,830,715$19,537,765$21,837,594
31$22,916,302$20,761,401$20,151,261$23,458,290
32$25,211,454$21,736,398$20,784,017$25,217,208
33$27,739,378$22,757,838$21,436,638$27,131,139
34$30,523,776$23,827,953$22,109,746$29,214,906
35$33,590,765$24,949,086$22,803,986$31,484,806
36$36,969,123$26,123,692$23,520,020$33,958,754
37$40,690,565$27,354,344$24,258,532$36,656,443
38$44,790,038$28,643,743$25,020,228$39,599,533
39$49,306,052$29,994,716$25,805,836$42,811,838
40$54,281,043$31,410,231$26,616,105$46,319,555
41$59,761,775$32,893,398$27,451,811$50,151,494
42$65,799,780$34,447,478$28,313,750$54,339,350
43$72,451,844$36,075,891$29,202,747$58,917,990
44$79,780,544$37,782,221$30,119,651$63,925,777
45$87,854,837$39,570,228$31,065,337$69,404,923
46$96,750,714$41,443,853$32,040,709$75,401,878
47$106,551,913$43,407,228$33,046,699$81,967,758
48$117,350,711$45,464,685$34,084,267$89,158,822
49$129,248,798$47,620,769$35,154,404$97,036,989
50$142,358,232$49,880,243$36,258,133$105,670,413
51$156,802,499$52,248,102$37,396,508$115,134,119
52$172,717,678$54,729,584$38,570,616$125,510,694
53$190,253,728$57,330,180$39,781,577$136,891,058
54$209,575,898$60,055,649$41,030,550$149,375,310
55$230,866,292$62,912,028$42,318,727$163,073,659
56$254,325,587$65,905,651$43,647,337$178,107,451
57$280,174,925$69,043,155$45,017,651$194,610,300
58$308,658,001$72,331,504$46,430,975$212,729,334
59$340,043,365$75,777,996$47,888,661$232,626,570
60$374,626,958$79,390,287$49,392,101$254,480,425
61$412,734,900$83,176,404$50,942,729$278,487,386
62$454,726,577$87,144,764$52,542,027$304,863,843
63$500,998,025$91,304,195$54,191,523$333,848,117
64$551,985,675$95,663,952$55,892,790$365,702,688
65$608,170,470$100,233,742$57,647,455$400,716,654
66$670,082,405$105,023,742$59,457,191$439,208,437
67$738,305,532$110,044,627$61,323,728$481,528,771
68$813,483,471$115,307,588$63,248,848$528,063,982
69$896,325,489$120,824,364$65,234,389$579,239,620
70$987,613,194$126,607,264$67,282,246$635,524,442
71$1,088,207,914$132,669,194$69,394,376$697,434,817
72$1,199,058,829$139,023,691$71,572,795$765,539,571
73$1,321,211,928$145,684,951$73,819,582$840,465,327
74$1,455,819,890$152,667,859$76,136,883$922,902,390
75$1,604,152,961$159,988,026$78,526,911$1,013,611,232
76$1,767,610,947$167,661,824$80,991,947$1,113,429,639
77$1,947,736,431$175,706,421$83,534,345$1,223,280,585
78$2,146,229,334$184,139,822$86,156,532$1,344,180,907
79$2,364,962,962$192,980,909$88,861,011$1,477,250,869
80$2,606,001,694$202,249,484$91,650,365$1,623,724,695
81$2,871,620,471$211,966,312$94,527,257$1,784,962,180
82$3,164,326,271$222,153,174$97,494,432$1,962,461,486
83$3,486,881,779$232,832,908$100,554,724$2,157,873,236
84$3,842,331,467$244,029,467$103,711,054$2,373,016,050
85$4,234,030,337$255,767,971$106,966,435$2,609,893,665
86$4,665,675,596$268,074,766$110,323,974$2,870,713,799
87$5,141,341,557$280,977,480$113,786,878$3,157,908,936
88$5,665,518,108$294,505,089$117,358,450$3,474,159,235
89$6,243,153,098$308,687,981$121,042,102$3,822,417,773
90$6,879,699,050$323,558,028$124,841,348$4,205,938,358
91$7,581,164,635$339,148,653$128,759,815$4,628,306,183
92$8,354,171,403$355,494,913$132,801,244$5,093,471,606
93$9,206,016,292$372,633,570$136,969,492$5,605,787,369
94$10,144,740,522$390,603,182$141,268,538$6,170,049,615
95$11,179,205,506$409,444,189$145,702,484$6,791,543,091
96$12,319,176,514$429,199,000$150,275,564$7,476,090,956
97$13,575,414,864$449,912,097$154,992,141$8,230,109,666
98$14,959,779,520$471,630,130$159,856,717$9,060,669,467
99$16,485,339,049$494,402,024$164,873,936$9,975,561,041
100$18,166,495,004$518,279,095$170,048,584$10,983,368,960