Can I retire at age 30 with 19,300,000?

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 $19,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$1,593,776$1,579,579$1,565,729$1,552,210$1,539,009$1,494,536
2 years$788,998$774,304$760,063$746,255$732,861$688,409
3 years$520,774$506,016$491,811$478,133$464,957$421,918
4 years$386,688$371,975$357,912$344,468$331,612$290,316
5 years$306,257$291,633$277,755$264,584$252,086$212,647
6 years$252,655$238,140$224,467$211,590$199,467$161,920
7 years$214,382$199,990$186,533$173,960$162,220$126,565
8 years$185,691$171,428$158,195$145,931$134,577$100,794
9 years$163,387$149,259$136,253$124,301$113,333$81,387
10 years$145,554$131,565$118,789$107,148$96,566$66,414
11 years$130,973$117,124$104,580$93,251$83,050$54,642
12 years$118,831$105,124$92,812$81,794$71,969$45,250
13 years$108,565$95,002$82,921$72,212$62,759$37,668
14 years$99,774$86,354$74,505$64,101$55,014$31,490
15 years$92,161$78,886$67,268$57,167$48,438$26,416
16 years$85,506$72,376$60,988$51,187$42,810$22,223
17 years$79,641$66,656$55,497$45,991$37,958$18,740
18 years$74,433$61,593$50,662$41,447$33,751$15,834
19 years$69,778$57,084$46,378$37,451$30,083$13,400
20 years$65,595$53,045$42,564$33,919$26,871$11,357
21 years$61,814$49,409$39,150$30,784$24,046$9,636
22 years$58,382$46,122$36,083$27,990$21,554$8,184
23 years$55,253$43,137$33,316$25,491$19,348$6,956
24 years$52,389$40,416$30,812$23,249$17,390$5,917
25 years$49,758$37,929$28,538$21,232$15,649$5,036
26 years$47,334$35,647$26,468$19,414$14,096$4,288
27 years$45,093$33,548$24,578$17,770$12,709$3,653
28 years$43,015$31,612$22,848$16,281$11,467$3,113
29 years$41,085$29,822$21,262$14,930$10,355$2,654
30 years$39,286$28,164$19,805$13,702$9,356$2,263
31 years$37,607$26,624$18,463$12,584$8,459$1,930
32 years$36,036$25,192$17,227$11,565$7,652$1,646
33 years$34,563$23,857$16,085$10,635$6,925$1,404
34 years$33,180$22,611$15,029$9,785$6,269$1,198
35 years$31,879$21,446$14,051$9,008$5,678$1,023
36 years$30,653$20,356$13,144$8,296$5,145$873
37 years$29,496$19,333$12,303$7,644$4,663$745
38 years$28,402$18,374$11,521$7,045$4,228$636
39 years$27,367$17,471$10,794$6,496$3,834$543
40 years$26,386$16,623$10,117$5,992$3,477$463
41 years$25,456$15,823$9,487$5,528$3,155$396
42 years$24,572$15,070$8,899$5,102$2,863$338
43 years$23,731$14,358$8,350$4,710$2,598$288
44 years$22,931$13,686$7,838$4,349$2,358$246
45 years$22,169$13,051$7,360$4,016$2,141$210
46 years$21,442$12,450$6,912$3,710$1,944$180
47 years$20,748$11,881$6,494$3,427$1,765$153
48 years$20,085$11,342$6,103$3,167$1,603$131
49 years$19,450$10,831$5,736$2,927$1,456$112
50 years$18,844$10,347$5,393$2,705$1,322$95

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $19,300,000, adding $6,523 every year, while hoping to spend $26,113 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: 47/41/12 Blend
29$19,300,000$19,300,000$19,300,000$19,300,000
30$21,275,328$20,252,428$19,953,278$22,203,831
31$23,417,628$21,217,013$20,593,929$23,810,212
32$25,777,567$22,227,988$21,255,167$25,549,399
33$28,377,317$23,287,597$21,937,653$27,436,348
34$31,241,310$24,398,196$22,642,071$29,484,811
35$34,396,470$25,562,254$23,369,127$31,709,883
36$37,872,465$26,782,360$24,119,548$34,128,134
37$41,701,990$28,061,229$24,894,086$36,757,759
38$45,921,072$29,401,709$25,693,517$39,618,738
39$50,569,413$30,806,784$26,518,642$42,733,019
40$55,690,764$32,279,587$27,370,287$46,124,711
41$61,333,335$33,823,400$28,249,305$49,820,302
42$67,550,255$35,441,666$29,156,576$53,848,900
43$74,400,069$37,137,997$30,093,010$58,242,493
44$81,947,296$38,916,178$31,059,545$63,036,242
45$90,263,029$40,780,180$32,057,149$68,268,798
46$99,425,616$42,734,167$33,086,821$73,982,656
47$109,521,393$44,782,505$34,149,594$80,224,539
48$120,645,502$46,929,775$35,246,533$87,045,825
49$132,902,788$49,180,778$36,378,736$94,503,020
50$146,408,787$51,540,551$37,547,338$102,658,272
51$161,290,820$54,014,375$38,753,511$111,579,942
52$177,689,193$56,607,789$39,998,463$121,343,233
53$195,758,522$59,326,601$41,283,443$132,030,880
54$215,669,190$62,176,904$42,609,737$143,733,910
55$237,608,961$65,165,086$43,978,677$156,552,487
56$261,784,746$68,297,846$45,391,634$170,596,829
57$288,424,561$71,582,211$46,850,024$185,988,234
58$317,779,677$75,025,550$48,355,310$202,860,195
59$350,126,992$78,635,590$49,909,002$221,359,640
60$385,771,648$82,420,437$51,512,656$241,648,294
61$425,049,908$86,388,590$53,167,881$263,904,174
62$468,332,330$90,548,963$54,876,338$288,323,250
63$516,027,271$94,910,906$56,639,738$315,121,257
64$568,584,735$99,484,222$58,459,852$344,535,708
65$626,500,625$104,279,195$60,338,503$376,828,100
66$690,321,423$109,306,610$62,277,577$412,286,350
67$760,649,351$114,577,777$64,279,019$451,227,479
68$838,148,055$120,104,558$66,344,836$494,000,566
69$923,548,869$125,899,395$68,477,101$540,990,007
70$1,017,657,723$131,975,334$70,677,953$592,619,102
71$1,121,362,746$138,346,060$72,949,600$649,354,008
72$1,235,642,655$145,025,926$75,294,320$711,708,098
73$1,361,575,993$152,029,984$77,714,468$780,246,759
74$1,500,351,313$159,374,022$80,212,470$855,592,679
75$1,653,278,393$167,074,596$82,790,835$938,431,679
76$1,821,800,611$175,149,072$85,452,149$1,029,519,131
77$2,007,508,561$183,615,664$88,199,084$1,129,687,032
78$2,212,155,076$192,493,475$91,034,396$1,239,851,804
79$2,437,671,777$201,802,538$93,960,931$1,361,022,879
80$2,686,187,303$211,563,867$96,981,627$1,494,312,167
81$2,960,047,412$221,799,501$100,099,516$1,640,944,484
82$3,261,837,126$232,532,554$103,317,728$1,802,269,048
83$3,594,405,135$243,787,271$106,639,493$1,979,772,135
84$3,960,890,690$255,589,078$110,068,147$2,175,091,041
85$4,364,753,243$267,964,646$113,607,133$2,390,029,451
86$4,809,805,105$280,941,945$117,260,003$2,626,574,384
87$5,300,247,438$294,550,313$121,030,426$2,886,914,864
88$5,840,709,919$308,820,520$124,922,187$3,173,462,489
89$6,436,294,446$323,784,841$128,939,196$3,488,874,103
90$7,092,623,307$339,477,125$133,085,486$3,836,076,772
91$7,815,892,256$355,932,877$137,365,222$4,218,295,311
92$8,612,929,012$373,189,333$141,782,702$4,639,082,619
93$9,491,257,713$391,285,552$146,342,364$5,102,353,096
94$10,459,169,954$410,262,498$151,048,788$5,612,419,480
95$11,525,803,068$430,163,140$155,906,701$6,174,033,425
96$12,701,226,390$451,032,543$160,920,985$6,792,430,232
97$13,996,536,321$472,917,976$166,096,676$7,473,378,126
98$15,423,961,086$495,869,018$171,438,976$8,223,232,563
99$16,996,976,187$519,937,669$176,953,252$9,048,996,075
100$18,730,431,616$545,178,474$182,645,044$9,958,384,213