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%17.3%
1 years$1,593,776$1,579,579$1,565,729$1,552,210$1,539,009$1,493,334
2 years$788,998$774,304$760,063$746,255$732,861$687,222
3 years$520,774$506,016$491,811$478,133$464,957$420,784
4 years$386,688$371,975$357,912$344,468$331,612$289,244
5 years$306,257$291,633$277,755$264,584$252,086$211,638
6 years$252,655$238,140$224,467$211,590$199,467$160,976
7 years$214,382$199,990$186,533$173,960$162,220$125,684
8 years$185,691$171,428$158,195$145,931$134,577$99,974
9 years$163,387$149,259$136,253$124,301$113,333$80,628
10 years$145,554$131,565$118,789$107,148$96,566$65,712
11 years$130,973$117,124$104,580$93,251$83,050$53,995
12 years$118,831$105,124$92,812$81,794$71,969$44,655
13 years$108,565$95,002$82,921$72,212$62,759$37,123
14 years$99,774$86,354$74,505$64,101$55,014$30,991
15 years$92,161$78,886$67,268$57,167$48,438$25,961
16 years$85,506$72,376$60,988$51,187$42,810$21,809
17 years$79,641$66,656$55,497$45,991$37,958$18,364
18 years$74,433$61,593$50,662$41,447$33,751$15,493
19 years$69,778$57,084$46,378$37,451$30,083$13,092
20 years$65,595$53,045$42,564$33,919$26,871$11,078
21 years$61,814$49,409$39,150$30,784$24,046$9,385
22 years$58,382$46,122$36,083$27,990$21,554$7,958
23 years$55,253$43,137$33,316$25,491$19,348$6,754
24 years$52,389$40,416$30,812$23,249$17,390$5,736
25 years$49,758$37,929$28,538$21,232$15,649$4,874
26 years$47,334$35,647$26,468$19,414$14,096$4,143
27 years$45,093$33,548$24,578$17,770$12,709$3,524
28 years$43,015$31,612$22,848$16,281$11,467$2,998
29 years$41,085$29,822$21,262$14,930$10,355$2,552
30 years$39,286$28,164$19,805$13,702$9,356$2,172
31 years$37,607$26,624$18,463$12,584$8,459$1,850
32 years$36,036$25,192$17,227$11,565$7,652$1,575
33 years$34,563$23,857$16,085$10,635$6,925$1,342
34 years$33,180$22,611$15,029$9,785$6,269$1,143
35 years$31,879$21,446$14,051$9,008$5,678$974
36 years$30,653$20,356$13,144$8,296$5,145$830
37 years$29,496$19,333$12,303$7,644$4,663$707
38 years$28,402$18,374$11,521$7,045$4,228$602
39 years$27,367$17,471$10,794$6,496$3,834$513
40 years$26,386$16,623$10,117$5,992$3,477$438
41 years$25,456$15,823$9,487$5,528$3,155$373
42 years$24,572$15,070$8,899$5,102$2,863$318
43 years$23,731$14,358$8,350$4,710$2,598$271
44 years$22,931$13,686$7,838$4,349$2,358$231
45 years$22,169$13,051$7,360$4,016$2,141$197
46 years$21,442$12,450$6,912$3,710$1,944$168
47 years$20,748$11,881$6,494$3,427$1,765$143
48 years$20,085$11,342$6,103$3,167$1,603$122
49 years$19,450$10,831$5,736$2,927$1,456$104
50 years$18,844$10,347$5,393$2,705$1,322$89

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 $4,283 every year, while hoping to spend $28,139 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: 72/13/15 Blend
29$19,300,000$19,300,000$19,300,000$19,300,000
30$21,273,018$20,250,118$19,950,968$22,732,896
31$23,412,926$21,212,434$20,589,386$24,663,901
32$25,770,162$22,220,961$21,248,247$26,773,979
33$28,366,863$23,277,932$21,928,208$29,083,938
34$31,227,424$24,385,692$22,629,944$31,613,558
35$34,378,727$25,546,696$23,354,153$34,384,613
36$37,850,395$26,763,523$24,101,555$37,421,069
37$41,675,072$28,038,872$24,872,894$40,749,310
38$45,888,731$29,375,578$25,668,937$44,398,385
39$50,531,010$30,776,611$26,490,476$48,400,272
40$55,645,594$32,245,085$27,338,327$52,790,184
41$61,280,618$33,784,268$28,213,335$57,606,890
42$67,489,129$35,397,585$29,116,370$62,893,081
43$74,329,581$37,088,628$30,048,329$68,695,767
44$81,866,392$38,861,163$31,010,141$75,066,715
45$90,170,545$40,719,142$32,002,762$82,062,936
46$99,320,266$42,666,705$33,027,180$89,747,214
47$109,401,757$44,708,198$34,084,415$98,188,695
48$120,510,011$46,848,174$35,175,517$107,463,537
49$132,749,709$49,091,411$36,301,574$117,655,615
50$146,236,208$51,442,919$37,463,705$128,857,318
51$161,096,630$53,907,951$38,663,068$141,170,403
52$177,471,061$56,492,016$39,900,856$154,706,957
53$195,513,876$59,200,890$41,178,301$169,590,446
54$215,395,191$62,040,634$42,496,674$185,956,872
55$237,302,476$65,017,601$43,857,288$203,956,050
56$261,442,319$68,138,454$45,261,498$223,753,014
57$288,042,379$71,410,181$46,710,701$245,529,566
58$317,353,531$74,840,110$48,206,339$269,485,987
59$349,652,243$78,435,926$49,749,903$295,842,914
60$385,243,176$82,205,691$51,342,929$324,843,416
61$424,462,065$86,157,855$52,987,002$356,755,278
62$467,678,890$90,301,284$54,683,761$391,873,518
63$515,301,365$94,645,275$56,434,895$430,523,163
64$567,778,787$99,199,577$58,242,147$473,062,304
65$625,606,282$103,974,415$60,107,318$519,885,467
66$689,329,475$108,980,513$62,032,265$571,427,323
67$759,549,640$114,229,117$64,018,905$628,166,780
68$836,929,383$119,732,023$66,069,217$690,631,488
69$922,198,888$125,501,600$68,185,244$759,402,810
70$1,016,162,817$131,550,822$70,369,093$835,121,294
71$1,119,707,906$137,893,294$72,622,939$918,492,703
72$1,233,811,334$144,543,286$74,949,029$1,010,294,665
73$1,359,549,948$151,515,765$77,349,679$1,111,383,993
74$1,498,110,430$158,826,425$79,827,281$1,222,704,762
75$1,650,800,503$166,491,729$82,384,304$1,345,297,197
76$1,819,061,272$174,528,942$85,023,296$1,480,307,479
77$2,004,480,832$182,956,170$87,746,886$1,628,998,543
78$2,208,809,259$191,792,404$90,557,789$1,792,761,981
79$2,433,975,134$201,057,563$93,458,806$1,973,131,157
80$2,682,103,750$210,772,535$96,452,828$2,171,795,659
81$2,955,537,173$220,959,230$99,542,838$2,390,617,229
82$3,256,856,359$231,640,627$102,731,918$2,631,647,310
83$3,588,905,516$242,840,826$106,023,245$2,897,146,391
84$3,954,818,955$254,585,103$109,420,100$3,189,605,316
85$4,358,050,685$266,899,970$112,925,870$3,511,768,775
86$4,802,407,018$279,813,231$116,544,050$3,866,661,180
87$5,292,082,505$293,354,050$120,278,246$4,257,615,194
88$5,831,699,535$307,553,013$124,132,182$4,688,303,154
89$6,426,351,977$322,442,201$128,109,700$5,162,771,710
90$7,081,653,270$338,055,260$132,214,767$5,685,479,992
91$7,803,789,417$354,427,481$136,451,474$6,261,341,670
92$8,599,577,387$371,595,877$140,824,049$6,895,771,304
93$9,476,529,476$389,599,271$145,336,850$7,594,735,420
94$10,442,924,227$408,478,379$149,994,378$8,364,808,796
95$11,507,884,588$428,275,909$154,801,280$9,213,236,488
96$12,681,464,041$449,036,654$159,762,348$10,148,002,184
97$13,974,741,519$470,807,595$164,882,532$11,177,903,526
98$15,399,925,995$493,638,009$170,166,938$12,312,635,115
99$16,970,471,755$517,579,579$175,620,838$13,562,879,985
100$18,701,205,411$542,686,516$181,249,674$14,940,410,399