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

Use the below retirement simulation to view the chances of a successful retirement.
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%15.5%
1 years$1,560,744$1,546,842$1,533,278$1,520,040$1,507,113$1,473,072
2 years$772,646$758,256$744,310$730,788$717,673$683,560
3 years$509,981$495,529$481,618$468,223$455,321$422,202
4 years$378,674$364,266$350,494$337,328$324,739$292,868
5 years$299,910$285,589$271,998$259,101$246,861$216,328
6 years$247,418$233,205$219,815$207,205$195,333$166,169
7 years$209,939$195,845$182,667$170,354$158,858$131,068
8 years$181,842$167,875$154,916$142,906$131,788$105,362
9 years$160,000$146,166$133,429$121,724$110,985$85,903
10 years$142,537$128,838$116,327$104,928$94,564$70,800
11 years$128,259$114,697$102,412$91,318$81,329$58,850
12 years$116,368$102,946$90,888$80,099$70,478$49,249
13 years$106,315$93,033$81,203$70,715$61,458$41,440
14 years$97,706$84,564$72,961$62,773$53,874$35,026
15 years$90,251$77,251$65,874$55,982$47,435$29,714
16 years$83,734$70,876$59,724$50,126$41,923$25,285
17 years$77,990$65,274$54,347$45,038$37,172$21,571
18 years$72,890$60,317$49,612$40,588$33,051$18,442
19 years$68,332$55,901$45,417$36,675$29,459$15,796
20 years$64,235$51,946$41,681$33,216$26,314$13,550
21 years$60,533$48,385$38,339$30,146$23,548$11,639
22 years$57,172$45,166$35,335$27,409$21,107$10,009
23 years$54,108$42,243$32,626$24,962$18,947$8,615
24 years$51,303$39,579$30,173$22,767$17,030$7,421
25 years$48,727$37,143$27,947$20,792$15,324$6,397
26 years$46,353$34,908$25,919$19,011$13,804$5,518
27 years$44,158$32,853$24,068$17,402$12,445$4,762
28 years$42,124$30,957$22,374$15,944$11,230$4,112
29 years$40,233$29,204$20,821$14,621$10,140$3,551
30 years$38,472$27,580$19,394$13,418$9,162$3,068
31 years$36,828$26,073$18,081$12,323$8,283$2,652
32 years$35,289$24,670$16,870$11,326$7,493$2,292
33 years$33,847$23,363$15,751$10,415$6,781$1,982
34 years$32,493$22,143$14,717$9,582$6,140$1,714
35 years$31,218$21,002$13,759$8,821$5,561$1,483
36 years$30,018$19,934$12,872$8,124$5,038$1,282
37 years$28,884$18,933$12,048$7,485$4,566$1,110
38 years$27,813$17,993$11,282$6,899$4,140$960
39 years$26,800$17,109$10,570$6,362$3,754$831
40 years$25,839$16,278$9,907$5,868$3,405$719
41 years$24,928$15,495$9,290$5,414$3,089$622
42 years$24,062$14,757$8,714$4,996$2,803$538
43 years$23,239$14,061$8,177$4,612$2,544$466
44 years$22,456$13,403$7,676$4,258$2,309$403
45 years$21,709$12,781$7,207$3,933$2,096$349
46 years$20,997$12,192$6,769$3,633$1,903$302
47 years$20,318$11,635$6,360$3,356$1,728$262
48 years$19,668$11,107$5,976$3,101$1,570$226
49 years$19,047$10,607$5,617$2,866$1,426$196
50 years$18,453$10,132$5,281$2,649$1,295$170

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 $6,652 every year, while hoping to spend $22,270 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: 41/33/26 Blend
29$18,900,000$18,900,000$18,900,000$18,900,000
30$20,834,662$19,832,962$19,540,012$21,529,232
31$22,936,102$20,781,082$20,170,907$22,978,481
32$25,251,143$21,774,913$20,822,191$24,543,554
33$27,801,548$22,816,672$21,494,523$26,237,218
34$30,611,300$23,908,684$22,188,584$28,071,296
35$33,706,828$25,053,385$22,905,076$30,058,762
36$37,117,255$26,253,331$23,644,727$32,213,854
37$40,874,674$27,511,202$24,408,284$34,552,202
38$45,014,450$28,829,811$25,196,521$37,090,965
39$49,575,556$30,212,104$26,010,237$39,848,988
40$54,600,938$31,661,173$26,850,255$42,846,966
41$60,137,923$33,180,259$27,717,428$46,107,632
42$66,238,662$34,772,763$28,612,633$49,655,963
43$72,960,627$36,442,250$29,536,777$53,519,405
44$80,367,150$38,192,458$30,490,798$57,728,116
45$88,528,020$40,027,310$31,475,661$62,315,249
46$97,520,147$41,950,917$32,492,364$67,317,242
47$107,428,283$43,967,593$33,541,939$72,774,159
48$118,345,823$46,081,860$34,625,449$78,730,049
49$130,375,686$48,298,461$35,743,991$85,233,351
50$143,631,292$50,622,371$36,898,701$92,337,335
51$158,237,624$53,058,807$38,090,747$100,100,594
52$174,332,414$55,613,241$39,321,339$108,587,575
53$192,067,441$58,291,411$40,591,725$117,869,178
54$211,609,964$61,099,334$41,903,192$128,023,402
55$233,144,301$64,043,322$43,257,069$139,136,069
56$256,873,569$67,129,994$44,654,731$151,301,610
57$283,021,602$70,366,292$46,097,593$164,623,944
58$311,835,062$73,759,498$47,587,119$179,217,429
59$343,585,771$77,317,246$49,124,821$195,207,931
60$378,573,274$81,047,545$50,712,256$212,733,981
61$417,127,667$84,958,794$52,351,036$231,948,062
62$459,612,716$89,059,801$54,042,822$253,018,029
63$506,429,287$93,359,806$55,789,331$276,128,660
64$558,019,135$97,868,498$57,592,335$301,483,378
65$614,869,071$102,596,038$59,453,662$329,306,144
66$677,515,557$107,553,085$61,375,201$359,843,540
67$746,549,775$112,750,817$63,358,901$393,367,067
68$822,623,204$118,200,959$65,406,776$430,175,676
69$906,453,771$123,915,806$67,520,903$470,598,555
70$998,832,630$129,908,255$69,703,428$514,998,206
71$1,100,631,631$136,191,833$71,956,566$563,773,824
72$1,212,811,550$142,780,725$74,282,603$617,365,033
73$1,336,431,158$149,689,810$76,683,900$676,255,993
74$1,472,657,221$156,934,695$79,162,895$740,979,928
75$1,622,775,509$164,531,747$81,722,104$812,124,118
76$1,788,202,941$172,498,133$84,364,125$890,335,397
77$1,970,500,958$180,851,858$87,091,640$976,326,207
78$2,171,390,264$189,611,808$89,907,418$1,070,881,280
79$2,392,767,073$198,797,788$92,814,318$1,174,864,988
80$2,636,721,009$208,430,574$95,815,292$1,289,229,449
81$2,905,554,834$218,531,955$98,913,387$1,415,023,460
82$3,201,806,191$229,124,784$102,111,749$1,553,402,334
83$3,528,271,556$240,233,033$105,413,627$1,705,638,747
84$3,888,032,644$251,881,841$108,822,373$1,873,134,684
85$4,284,485,501$264,097,578$112,341,449$2,057,434,604
86$4,721,372,565$276,907,903$115,974,431$2,260,239,952
87$5,202,818,001$290,341,824$119,725,008$2,483,425,141
88$5,733,366,632$304,429,768$123,596,991$2,729,055,170
89$6,318,026,851$319,203,649$127,594,313$2,999,405,037
90$6,962,317,903$334,696,941$131,721,035$3,296,981,125
91$7,672,321,989$350,944,751$135,981,350$3,624,544,776
92$8,454,741,694$367,983,906$140,379,587$3,985,138,261
93$9,316,963,259$385,853,029$144,920,216$4,382,113,405
94$10,267,126,317$404,592,634$149,607,849$4,819,163,122
95$11,314,200,741$424,245,213$154,447,251$5,300,356,168
96$12,468,071,324$444,855,335$159,443,341$5,830,175,443
97$13,739,631,102$466,469,750$164,601,197$6,413,560,185
98$15,140,884,198$489,137,491$169,926,060$7,055,952,480
99$16,685,059,147$512,909,989$175,423,344$7,763,348,504
100$18,386,733,791$537,841,189$181,098,637$8,542,354,993