Can I retire at age 30 with 19,500,000?

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 $19,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$1,610,292$1,595,948$1,581,954$1,568,295$1,554,957$1,495,626
2 years$797,174$782,328$767,939$753,988$740,456$681,378
3 years$526,170$511,260$496,907$483,087$469,776$412,811
4 years$390,695$375,830$361,621$348,037$335,048$280,631
5 years$309,431$294,655$280,633$267,326$254,698$202,968
6 years$255,273$240,608$226,793$213,783$201,534$152,526
7 years$216,603$202,062$188,466$175,763$163,901$117,601
8 years$187,615$173,205$159,834$147,443$135,972$92,335
9 years$165,080$150,806$137,665$125,589$114,508$73,472
10 years$147,062$132,928$120,020$108,259$97,566$59,055
11 years$132,330$118,338$105,663$94,217$83,910$47,838
12 years$120,063$106,214$93,774$82,641$72,715$38,988
13 years$109,690$95,986$83,780$72,960$63,409$31,930
14 years$100,807$87,249$75,277$64,766$55,584$26,250
15 years$93,116$79,703$67,965$57,760$48,940$21,649
16 years$86,392$73,126$61,620$51,717$43,254$17,899
17 years$80,466$67,347$56,072$46,468$38,352$14,830
18 years$75,204$62,231$51,187$41,877$34,101$12,308
19 years$70,501$57,675$46,859$37,839$30,395$10,229
20 years$66,274$53,595$43,005$34,271$27,149$8,511
21 years$62,455$49,921$39,556$31,103$24,295$7,089
22 years$58,987$46,600$36,457$28,280$21,777$5,908
23 years$55,826$43,584$33,662$25,755$19,549$4,928
24 years$52,932$40,835$31,131$23,490$17,571$4,113
25 years$50,274$38,322$28,834$21,452$15,811$3,434
26 years$47,824$36,016$26,742$19,615$14,242$2,868
27 years$45,560$33,896$24,832$17,954$12,840$2,396
28 years$43,461$31,940$23,085$16,450$11,586$2,002
29 years$41,511$30,131$21,482$15,085$10,462$1,674
30 years$39,694$28,456$20,010$13,844$9,453$1,399
31 years$37,997$26,900$18,655$12,715$8,546$1,170
32 years$36,410$25,453$17,405$11,685$7,731$978
33 years$34,922$24,105$16,251$10,745$6,996$818
34 years$33,524$22,846$15,184$9,887$6,334$684
35 years$32,209$21,669$14,196$9,101$5,737$573
36 years$30,971$20,567$13,280$8,382$5,198$479
37 years$29,801$19,534$12,430$7,723$4,711$401
38 years$28,696$18,564$11,640$7,118$4,271$335
39 years$27,651$17,653$10,906$6,564$3,873$280
40 years$26,660$16,795$10,222$6,054$3,513$235
41 years$25,719$15,987$9,585$5,585$3,187$196
42 years$24,826$15,226$8,991$5,155$2,892$164
43 years$23,977$14,507$8,437$4,758$2,625$137
44 years$23,169$13,828$7,919$4,394$2,383$115
45 years$22,399$13,186$7,436$4,058$2,163$96
46 years$21,664$12,579$6,984$3,748$1,964$81
47 years$20,963$12,005$6,561$3,463$1,783$67
48 years$20,293$11,460$6,166$3,200$1,619$56
49 years$19,652$10,944$5,796$2,957$1,471$47
50 years$19,039$10,454$5,449$2,733$1,336$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $19,500,000, adding $3,396 every year, while hoping to spend $45,348 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: 74/20/6 Blend
29$19,500,000$19,500,000$19,500,000$19,500,000
30$21,492,503$20,459,003$20,156,753$23,068,620
31$23,636,488$21,413,244$20,783,754$25,060,594
32$25,997,640$22,412,723$21,430,240$27,235,979
33$28,598,062$23,459,609$22,096,816$29,617,679
34$31,462,110$24,556,175$22,784,104$32,226,072
35$34,616,622$25,704,805$23,492,749$35,083,585
36$38,091,174$26,907,997$24,223,413$38,214,901
37$41,918,356$28,168,371$24,976,779$41,647,188
38$46,134,079$29,488,672$25,753,552$45,410,353
39$50,777,918$30,871,780$26,554,459$49,537,316
40$55,893,481$32,320,712$27,380,248$54,064,318
41$61,528,821$33,838,633$28,231,692$59,031,259
42$67,736,894$35,428,859$29,109,587$64,482,067
43$74,576,053$37,094,868$30,014,753$70,465,108
44$82,110,600$38,840,307$30,948,038$77,033,640
45$90,411,397$40,668,997$31,910,312$84,246,302
46$99,556,529$42,584,947$32,902,477$92,167,669
47$109,632,044$44,592,359$33,925,459$100,868,851
48$120,732,765$46,695,637$34,980,215$110,428,158
49$132,963,184$48,899,401$36,067,730$120,931,832
50$146,438,451$51,208,493$37,189,020$132,474,853
51$161,285,454$53,627,991$38,345,134$145,161,828
52$177,644,026$56,163,218$39,537,151$159,107,971
53$195,668,257$58,819,756$40,766,186$174,440,179
54$215,527,953$61,603,457$42,033,387$191,298,226
55$237,410,236$64,520,459$43,339,937$209,836,067
56$261,521,312$67,577,193$44,687,057$230,223,284
57$288,088,418$70,780,408$46,076,006$252,646,679
58$317,361,965$74,137,176$47,508,080$277,312,021
59$349,617,902$77,654,914$48,984,617$304,445,980
60$385,160,322$81,341,399$50,506,997$334,298,257
61$424,324,334$85,204,787$52,076,640$367,143,923
62$467,479,220$89,253,626$53,695,012$403,286,009
63$515,031,931$93,496,883$55,363,624$443,058,346
64$567,430,917$97,943,960$57,084,035$486,828,708
65$625,170,370$102,604,714$58,857,850$535,002,267
66$688,794,885$107,489,482$60,686,725$588,025,400
67$758,904,600$112,609,103$62,572,367$646,389,889
68$836,160,864$117,974,944$64,516,536$710,637,544
69$921,292,479$123,598,923$66,521,047$781,365,301
70$1,015,102,579$129,493,538$68,587,770$859,230,841
71$1,118,476,216$135,671,895$70,718,633$944,958,773
72$1,232,388,708$142,147,736$72,915,626$1,039,347,457
73$1,357,914,854$148,935,472$75,180,797$1,143,276,522
74$1,496,239,075$156,050,216$77,516,259$1,257,715,142
75$1,648,666,599$163,507,816$79,924,193$1,383,731,163
76$1,816,635,782$171,324,888$82,406,843$1,522,501,162
77$2,001,731,685$179,518,861$84,966,525$1,675,321,526
78$2,205,701,040$188,108,009$87,605,627$1,843,620,662
79$2,430,468,740$197,111,495$90,326,610$2,028,972,456
80$2,678,156,011$206,549,417$93,132,010$2,233,111,098
81$2,951,100,436$216,442,851$96,024,445$2,457,947,427
82$3,251,878,027$226,813,897$99,006,610$2,705,586,932
83$3,583,327,540$237,685,733$102,081,286$2,978,349,598
84$3,948,577,280$249,082,664$105,251,340$3,278,791,772
85$4,351,074,628$261,030,180$108,519,725$3,609,730,258
86$4,794,618,593$273,555,012$111,889,489$3,974,268,867
87$5,283,395,675$286,685,193$115,363,773$4,375,827,685
88$5,822,019,388$300,450,122$118,945,813$4,818,175,308
89$6,415,573,816$314,880,628$122,638,948$5,305,464,382
90$7,069,661,612$330,009,046$126,446,620$5,842,270,755
91$7,790,456,891$345,869,283$130,372,375$6,433,636,630
92$8,584,763,516$362,496,900$134,419,872$7,085,118,109
93$9,460,079,337$379,929,191$138,592,881$7,802,837,597
94$10,424,666,976$398,205,268$142,895,289$8,593,541,546
95$11,487,631,829$417,366,148$147,331,103$9,464,664,078
96$12,659,008,035$437,454,849$151,904,454$10,424,397,115
97$13,949,853,204$458,516,485$156,619,603$11,481,767,647
98$15,372,352,810$480,598,372$161,480,939$12,646,722,885
99$16,939,935,235$503,750,131$166,492,988$13,930,224,097
100$18,667,398,545$528,023,803$171,660,419$15,344,350,018