Can I retire at age 30 with 19,400,000?

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 $19,400,000?

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$1,602,034$1,587,764$1,573,841$1,560,252$1,546,983$1,485,605
2 years$793,086$778,316$764,001$750,121$736,659$675,582
3 years$523,472$508,638$494,359$480,610$467,367$408,515
4 years$388,691$373,903$359,767$346,252$333,330$277,150
5 years$307,844$293,144$279,194$265,955$253,392$200,028
6 years$253,964$239,374$225,630$212,686$200,500$149,986
7 years$215,493$201,026$187,500$174,861$163,061$115,378
8 years$186,653$172,317$159,015$146,687$135,274$90,374
9 years$164,233$150,033$136,959$124,945$113,921$71,735
10 years$146,308$132,246$119,404$107,703$97,066$57,513
11 years$131,652$117,731$105,121$93,734$83,480$46,467
12 years$119,447$105,669$93,293$82,218$72,342$37,770
13 years$109,128$95,494$83,351$72,586$63,084$30,847
14 years$100,290$86,801$74,891$64,434$55,299$25,289
15 years$92,638$79,295$67,617$57,463$48,689$20,797
16 years$85,949$72,751$61,304$51,452$43,032$17,145
17 years$80,053$67,001$55,784$46,229$38,155$14,163
18 years$74,818$61,912$50,924$41,662$33,926$11,719
19 years$70,140$57,380$46,619$37,645$30,239$9,710
20 years$65,934$53,320$42,784$34,095$27,010$8,055
21 years$62,135$49,665$39,353$30,943$24,171$6,688
22 years$58,685$46,361$36,270$28,135$21,666$5,557
23 years$55,539$43,360$33,489$25,623$19,448$4,620
24 years$52,661$40,626$30,972$23,369$17,481$3,843
25 years$50,016$38,125$28,686$21,342$15,730$3,199
26 years$47,579$35,832$26,605$19,514$14,169$2,663
27 years$45,326$33,722$24,705$17,862$12,774$2,218
28 years$43,238$31,776$22,966$16,365$11,527$1,847
29 years$41,298$29,977$21,372$15,007$10,408$1,539
30 years$39,490$28,310$19,907$13,773$9,404$1,283
31 years$37,802$26,762$18,559$12,649$8,503$1,069
32 years$36,223$25,323$17,316$11,625$7,691$891
33 years$34,743$23,981$16,168$10,690$6,961$743
34 years$33,352$22,728$15,106$9,836$6,302$619
35 years$32,044$21,558$14,123$9,055$5,708$516
36 years$30,812$20,461$13,212$8,339$5,172$430
37 years$29,648$19,434$12,366$7,683$4,687$359
38 years$28,549$18,469$11,581$7,082$4,249$299
39 years$27,509$17,562$10,850$6,530$3,854$250
40 years$26,523$16,709$10,169$6,023$3,495$208
41 years$25,587$15,905$9,536$5,557$3,171$174
42 years$24,699$15,148$8,945$5,128$2,877$145
43 years$23,854$14,433$8,393$4,734$2,611$121
44 years$23,050$13,757$7,879$4,371$2,370$101
45 years$22,284$13,119$7,398$4,037$2,152$84
46 years$21,553$12,515$6,948$3,729$1,954$70
47 years$20,855$11,943$6,528$3,445$1,774$58
48 years$20,189$11,401$6,134$3,183$1,611$49
49 years$19,551$10,887$5,766$2,942$1,463$41
50 years$18,941$10,400$5,421$2,719$1,329$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $19,400,000, adding $6,280 every year, while hoping to spend $37,985 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: 45/31/24 Blend
29$19,400,000$19,400,000$19,400,000$19,400,000
30$21,385,278$20,357,078$20,056,378$22,199,214
31$23,526,160$21,314,159$20,687,851$23,731,983
32$25,884,140$22,316,864$21,339,205$25,389,024
33$28,481,320$23,367,388$22,011,066$27,185,325
34$31,342,058$24,468,034$22,704,080$29,133,873
35$34,493,194$25,621,213$23,418,913$31,248,928
36$37,964,305$26,829,458$24,156,252$33,546,149
37$41,787,982$28,095,419$24,916,804$36,042,739
38$46,000,141$29,421,880$25,701,302$38,757,594
39$50,640,359$30,811,755$26,510,499$41,711,473
40$55,752,247$32,268,102$27,345,172$44,927,193
41$61,383,865$33,794,128$28,206,124$48,429,828
42$67,588,171$35,393,192$29,094,181$52,246,937
43$74,423,526$37,068,820$30,010,198$56,408,820
44$81,954,241$38,824,707$30,955,054$60,948,787
45$90,251,182$40,664,727$31,929,658$65,903,469
46$99,392,447$42,592,943$32,934,945$71,313,146
47$109,464,093$44,613,614$33,971,883$77,222,120
48$120,560,957$46,731,207$35,041,466$83,679,118
49$132,787,543$48,950,405$36,144,724$90,737,745
50$146,259,016$51,276,118$37,282,717$98,456,969
51$161,102,285$53,713,497$38,456,536$106,901,670
52$177,457,199$56,267,940$39,667,312$116,143,235
53$195,477,874$58,945,109$40,916,207$126,260,221
54$215,334,138$61,750,940$42,204,421$137,339,073
55$237,213,143$64,691,659$43,533,192$149,474,933
56$261,321,126$67,773,794$44,903,797$162,772,511
57$287,885,360$71,004,188$46,317,553$177,347,066
58$317,156,294$74,390,021$47,775,818$193,325,466
59$349,409,922$77,938,818$49,279,994$210,847,373
60$384,950,386$81,658,472$50,831,526$230,066,535
61$424,112,849$85,557,260$52,431,905$251,152,221
62$467,266,654$89,643,861$54,082,669$274,290,793
63$514,818,817$93,927,375$55,785,403$299,687,443
64$567,217,867$98,417,346$57,541,744$327,568,107
65$624,958,077$103,123,784$59,353,380$358,181,566
66$688,584,134$108,057,183$61,222,052$391,801,778
67$758,696,280$113,228,548$63,149,554$428,730,425
68$835,955,976$118,649,423$65,137,740$469,299,741
69$921,092,150$124,331,909$67,188,519$513,875,610
70$1,014,908,077$130,288,700$69,303,862$562,860,993
71$1,118,288,961$136,533,107$71,485,801$616,699,695
72$1,232,210,293$143,079,087$73,736,434$675,880,523
73$1,357,747,061$149,941,281$76,057,923$740,941,858
74$1,496,083,896$157,135,038$78,452,498$812,476,707
75$1,648,526,257$164,676,458$80,922,460$891,138,251
76$1,816,512,756$172,582,425$83,470,183$977,645,979
77$2,001,628,737$180,870,644$86,098,114$1,072,792,427
78$2,205,621,246$189,559,684$88,808,779$1,177,450,621
79$2,430,415,522$198,669,017$91,604,782$1,292,582,266
80$2,678,133,173$208,219,067$94,488,810$1,419,246,774
81$2,951,112,205$218,231,250$97,463,633$1,558,611,215
82$3,251,929,096$228,728,027$100,532,111$1,711,961,279
83$3,583,423,119$239,732,955$103,697,192$1,880,713,352
84$3,948,723,145$251,270,738$106,961,916$2,066,427,830
85$4,351,277,187$263,367,285$110,329,421$2,270,823,787
86$4,794,884,945$276,049,767$113,802,942$2,495,795,132
87$5,283,733,686$289,346,682$117,385,817$2,743,428,428
88$5,822,437,768$303,287,916$121,081,488$3,016,022,506
89$6,416,082,209$317,904,812$124,893,506$3,316,110,101
90$7,070,270,691$333,230,244$128,825,534$3,646,481,678
91$7,791,178,462$349,298,687$132,881,351$4,010,211,692
92$8,585,610,641$366,146,299$137,064,852$4,410,687,526
93$9,461,066,460$383,811,000$141,380,058$4,851,641,378
94$10,425,810,063$402,332,564$145,831,114$5,337,185,400
95$11,488,948,531$421,752,701$150,422,298$5,871,850,419
96$12,660,517,856$442,115,159$155,158,020$6,460,628,605
97$13,951,577,695$463,465,819$160,042,832$7,109,020,489
98$15,374,315,779$485,852,803$165,081,425$7,823,086,782
99$16,942,162,977$509,326,580$170,278,642$8,609,505,466
100$18,669,920,100$533,940,081$175,639,476$9,475,634,715