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%13.8%
1 years$1,602,034$1,587,764$1,573,841$1,560,252$1,546,983$1,522,609
2 years$793,086$778,316$764,001$750,121$736,659$712,165
3 years$523,472$508,638$494,359$480,610$467,367$443,516
4 years$388,691$373,903$359,767$346,252$333,330$310,306
5 years$307,844$293,144$279,194$265,955$253,392$231,261
6 years$253,964$239,374$225,630$212,686$200,500$179,288
7 years$215,493$201,026$187,500$174,861$163,061$142,774
8 years$186,653$172,317$159,015$146,687$135,274$115,909
9 years$164,233$150,033$136,959$124,945$113,921$95,467
10 years$146,308$132,246$119,404$107,703$97,066$79,510
11 years$131,652$117,731$105,121$93,734$83,480$66,803
12 years$119,447$105,669$93,293$82,218$72,342$56,523
13 years$109,128$95,494$83,351$72,586$63,084$48,099
14 years$100,290$86,801$74,891$64,434$55,299$41,125
15 years$92,638$79,295$67,617$57,463$48,689$35,300
16 years$85,949$72,751$61,304$51,452$43,032$30,400
17 years$80,053$67,001$55,784$46,229$38,155$26,253
18 years$74,818$61,912$50,924$41,662$33,926$22,725
19 years$70,140$57,380$46,619$37,645$30,239$19,711
20 years$65,934$53,320$42,784$34,095$27,010$17,126
21 years$62,135$49,665$39,353$30,943$24,171$14,902
22 years$58,685$46,361$36,270$28,135$21,666$12,983
23 years$55,539$43,360$33,489$25,623$19,448$11,324
24 years$52,661$40,626$30,972$23,369$17,481$9,886
25 years$50,016$38,125$28,686$21,342$15,730$8,638
26 years$47,579$35,832$26,605$19,514$14,169$7,553
27 years$45,326$33,722$24,705$17,862$12,774$6,608
28 years$43,238$31,776$22,966$16,365$11,527$5,785
29 years$41,298$29,977$21,372$15,007$10,408$5,066
30 years$39,490$28,310$19,907$13,773$9,404$4,439
31 years$37,802$26,762$18,559$12,649$8,503$3,891
32 years$36,223$25,323$17,316$11,625$7,691$3,411
33 years$34,743$23,981$16,168$10,690$6,961$2,992
34 years$33,352$22,728$15,106$9,836$6,302$2,624
35 years$32,044$21,558$14,123$9,055$5,708$2,303
36 years$30,812$20,461$13,212$8,339$5,172$2,021
37 years$29,648$19,434$12,366$7,683$4,687$1,774
38 years$28,549$18,469$11,581$7,082$4,249$1,557
39 years$27,509$17,562$10,850$6,530$3,854$1,367
40 years$26,523$16,709$10,169$6,023$3,495$1,200
41 years$25,587$15,905$9,536$5,557$3,171$1,054
42 years$24,699$15,148$8,945$5,128$2,877$926
43 years$23,854$14,433$8,393$4,734$2,611$813
44 years$23,050$13,757$7,879$4,371$2,370$714
45 years$22,284$13,119$7,398$4,037$2,152$627
46 years$21,553$12,515$6,948$3,729$1,954$551
47 years$20,855$11,943$6,528$3,445$1,774$484
48 years$20,189$11,401$6,134$3,183$1,611$425
49 years$19,551$10,887$5,766$2,942$1,463$373
50 years$18,941$10,400$5,421$2,719$1,329$328

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 $5,801 every year, while hoping to spend $40,254 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: 88/5/7 Blend
29$19,400,000$19,400,000$19,400,000$19,400,000
30$21,384,784$20,356,584$20,055,884$23,256,188
31$23,523,202$21,311,226$20,684,926$25,430,135
32$25,878,389$22,311,297$21,333,692$27,813,618
33$28,472,414$23,358,980$22,002,800$30,432,688
34$31,329,594$24,456,564$22,692,887$33,311,096
35$34,476,726$25,606,449$23,404,612$36,474,999
36$37,943,338$26,811,151$24,138,652$39,953,216
37$41,761,969$28,073,307$24,895,708$43,777,490
38$45,968,475$29,395,685$25,676,499$47,982,790
39$50,602,368$30,781,182$26,481,771$52,607,639
40$55,707,189$32,232,840$27,312,290$57,694,478
41$61,330,919$33,753,845$28,168,848$63,290,059
42$67,526,429$35,347,540$29,052,261$69,445,891
43$74,351,984$37,017,429$29,963,371$76,218,720
44$81,871,788$38,767,185$30,903,045$83,671,066
45$90,156,593$40,600,659$31,872,180$91,871,807
46$99,284,365$42,521,891$32,871,698$100,896,831
47$109,341,022$44,535,115$33,902,551$110,829,748
48$120,421,242$46,644,771$34,965,722$121,762,678
49$132,629,358$48,855,515$36,062,223$133,797,117
50$146,080,344$51,172,227$37,193,100$147,044,893
51$160,900,899$53,600,026$38,359,428$161,629,221
52$177,230,642$56,144,278$39,562,320$177,685,859
53$195,223,431$58,810,611$40,802,921$195,364,391
54$215,048,815$61,604,926$42,082,414$214,829,634
55$236,893,636$64,533,408$43,402,015$236,263,193
56$260,963,787$67,602,546$44,762,984$259,865,168
57$287,486,165$70,819,142$46,166,615$285,856,042
58$316,710,804$74,190,330$47,614,247$314,478,761
59$348,913,239$77,723,589$49,107,257$346,001,020
60$384,397,107$81,426,763$50,647,068$380,717,789
61$423,497,013$85,308,075$52,235,146$418,954,092
62$466,581,689$89,376,151$53,873,004$461,068,072
63$514,057,473$93,640,035$55,562,201$507,454,368
64$566,372,147$98,109,208$57,304,347$558,547,834
65$624,019,164$102,793,617$59,101,100$614,827,644
66$687,542,304$107,703,690$60,954,172$676,821,804
67$757,540,809$112,850,361$62,865,327$745,112,137
68$834,675,041$118,245,098$64,836,386$820,339,770
69$919,672,715$123,899,928$66,869,224$903,211,178
70$1,013,335,767$129,827,459$68,965,778$994,504,848
71$1,116,547,929$136,040,918$71,128,045$1,095,078,626
72$1,230,283,066$142,554,171$73,358,083$1,205,877,806
73$1,355,614,375$149,381,762$75,658,015$1,327,944,047
74$1,493,724,515$156,538,942$78,030,032$1,462,425,203
75$1,645,916,769$164,041,704$80,476,392$1,610,586,150
76$1,813,627,352$171,906,820$82,999,424$1,773,820,718
77$1,998,438,968$180,151,880$85,601,530$1,953,664,849
78$2,202,095,750$188,795,329$88,285,189$2,151,811,079
79$2,426,519,727$197,856,512$91,052,954$2,370,124,516
80$2,673,828,972$207,355,713$93,907,460$2,610,660,438
81$2,946,357,594$217,314,210$96,851,427$2,875,683,681
82$3,246,677,774$227,754,311$99,887,655$3,167,690,019
83$3,577,624,051$238,699,416$103,019,035$3,489,429,711
84$3,942,320,080$250,174,064$106,248,549$3,843,933,457
85$4,344,208,123$262,203,988$109,579,270$4,234,540,996
86$4,787,081,545$274,816,177$113,014,369$4,664,932,629
87$5,275,120,628$288,038,935$116,557,116$5,139,163,946
88$5,812,932,036$301,901,947$120,210,884$5,661,704,109
89$6,405,592,305$316,436,343$123,979,149$6,237,478,022
90$7,058,695,769$331,674,773$127,865,499$6,871,912,821
91$7,778,407,377$347,651,476$131,873,633$7,570,989,092
92$8,571,520,895$364,402,364$136,007,366$8,341,297,317
93$9,445,523,045$381,965,099$140,270,631$9,190,100,079
94$10,408,664,185$400,379,178$144,667,487$10,125,400,613
95$11,470,036,202$419,686,028$149,202,118$11,156,018,342
96$12,639,658,345$439,929,094$153,878,839$12,291,672,127
97$13,928,571,819$461,153,942$158,702,102$13,543,071,996
98$15,348,944,018$483,408,359$163,676,497$14,922,020,245
99$16,914,183,405$506,742,466$168,806,757$16,441,522,835
100$18,639,066,093$531,208,827$174,097,764$18,115,912,160