Can I retire at age 30 with 19,700,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $19,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$1,626,808$1,612,317$1,598,179$1,584,380$1,570,906$1,536,050
2 years$805,350$790,351$775,815$761,721$748,050$713,115
3 years$531,567$516,503$502,004$488,042$474,594$440,670
4 years$394,702$379,685$365,330$351,607$338,484$305,833
5 years$312,605$297,677$283,511$270,068$257,310$226,023
6 years$257,891$243,076$229,119$215,975$203,601$173,711
7 years$218,825$204,135$190,399$177,565$165,582$137,094
8 years$189,539$174,981$161,474$148,955$137,366$110,271
9 years$166,773$152,353$139,077$126,877$115,682$89,959
10 years$148,571$134,291$121,251$109,369$98,567$74,189
11 years$133,688$119,552$106,747$95,184$84,771$61,706
12 years$121,294$107,303$94,735$83,489$73,461$51,673
13 years$110,815$96,971$84,640$73,708$64,059$43,509
14 years$101,841$88,144$76,049$65,430$56,154$36,799
15 years$94,071$80,521$68,662$58,352$49,442$31,240
16 years$87,278$73,876$62,253$52,248$43,697$26,602
17 years$81,291$68,037$56,647$46,944$38,745$22,711
18 years$75,975$62,870$51,712$42,306$34,450$19,432
19 years$71,225$58,267$47,339$38,227$30,706$16,656
20 years$66,954$54,144$43,446$34,622$27,427$14,299
21 years$63,095$50,433$39,962$31,422$24,544$12,291
22 years$59,592$47,078$36,831$28,570$22,001$10,578
23 years$56,398$44,031$34,007$26,019$19,749$9,112
24 years$53,475$41,254$31,451$23,731$17,751$7,856
25 years$50,790$38,715$29,130$21,672$15,973$6,777
26 years$48,315$36,386$27,016$19,816$14,388$5,850
27 years$46,027$34,243$25,087$18,138$12,972$5,053
28 years$43,907$32,267$23,322$16,618$11,705$4,366
29 years$41,936$30,440$21,703$15,239$10,569$3,774
30 years$40,101$28,748$20,215$13,986$9,550$3,264
31 years$38,387$27,176$18,846$12,845$8,634$2,823
32 years$36,783$25,714$17,584$11,805$7,810$2,442
33 years$35,280$24,352$16,418$10,856$7,068$2,113
34 years$33,868$23,080$15,340$9,988$6,399$1,829
35 years$32,540$21,891$14,342$9,195$5,796$1,584
36 years$31,288$20,778$13,416$8,468$5,252$1,371
37 years$30,107$19,734$12,558$7,802$4,760$1,187
38 years$28,991$18,754$11,760$7,191$4,315$1,028
39 years$27,934$17,834$11,017$6,631$3,913$890
40 years$26,933$16,967$10,327$6,116$3,549$771
41 years$25,983$16,151$9,683$5,643$3,220$668
42 years$25,081$15,382$9,083$5,208$2,922$579
43 years$24,223$14,656$8,523$4,807$2,652$501
44 years$23,406$13,970$8,001$4,439$2,407$434
45 years$22,628$13,322$7,512$4,099$2,185$376
46 years$21,886$12,708$7,056$3,787$1,984$326
47 years$21,178$12,128$6,629$3,498$1,802$282
48 years$20,501$11,577$6,229$3,233$1,636$245
49 years$19,854$11,056$5,855$2,987$1,486$212
50 years$19,234$10,561$5,505$2,761$1,350$184

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $19,700,000, adding $3,552 every year, while hoping to spend $46,554 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: 44/48/8 Blend
29$19,700,000$19,700,000$19,700,000$19,700,000
30$21,713,064$20,668,964$20,363,614$22,618,870
31$23,878,263$21,632,210$20,996,262$24,209,834
32$26,262,753$22,641,095$21,648,543$25,928,061
33$28,888,851$23,697,806$22,321,067$27,789,197
34$31,781,151$24,804,635$23,014,459$29,806,374
35$34,966,752$25,963,987$23,729,368$31,993,996
36$38,475,519$27,178,381$24,466,460$34,367,866
37$42,340,359$28,450,457$25,226,423$36,945,329
38$46,597,532$29,782,987$26,009,965$39,745,419
39$51,286,998$31,178,871$26,817,817$42,789,034
40$56,452,791$32,641,154$27,650,732$46,099,120
41$62,143,431$34,173,027$28,509,488$49,700,875
42$68,412,390$35,777,833$29,394,884$53,621,975
43$75,318,587$37,459,081$30,307,746$57,892,825
44$82,926,952$39,220,445$31,248,925$62,546,830
45$91,309,036$41,065,782$32,219,299$67,620,695
46$100,543,684$42,999,131$33,219,771$73,154,761
47$110,717,781$45,024,730$34,251,275$79,193,368
48$121,927,073$47,147,020$35,314,772$85,785,258
49$134,277,070$49,370,660$36,411,252$92,984,016
50$147,884,040$51,700,530$37,541,737$100,848,562
51$162,876,107$54,141,752$38,707,281$109,443,687
52$179,394,465$56,699,692$39,908,969$118,840,643
53$197,594,702$59,379,979$41,147,921$129,117,802
54$217,648,276$62,188,512$42,425,291$140,361,364
55$239,744,131$65,131,480$43,742,269$152,666,159
56$264,090,478$68,215,369$45,100,081$166,136,513
57$290,916,765$71,446,980$46,499,992$180,887,209
58$320,475,838$74,833,445$47,943,305$197,044,548
59$353,046,333$78,382,243$49,431,364$214,747,508
60$388,935,299$82,101,213$50,965,556$234,149,037
61$428,481,105$85,998,578$52,547,307$255,417,460
62$472,056,626$90,082,957$54,178,090$278,738,040
63$520,072,770$94,363,389$55,859,424$304,314,694
64$572,982,351$98,849,354$57,592,873$332,371,885
65$631,284,367$103,550,789$59,380,051$363,156,706
66$695,528,710$108,478,115$61,222,620$396,941,172
67$766,321,356$113,642,260$63,122,296$434,024,755
68$844,330,087$119,054,684$65,080,845$474,737,163
69$930,290,793$124,727,400$67,100,090$519,441,417
70$1,025,014,420$130,673,009$69,181,910$568,537,227
71$1,129,394,627$136,904,723$71,328,241$622,464,725
72$1,244,416,221$143,436,396$73,541,078$681,708,565
73$1,371,164,453$150,282,557$75,822,481$746,802,448
74$1,510,835,264$157,458,439$78,174,572$818,334,110
75$1,664,746,577$164,980,018$80,599,536$896,950,810
76$1,834,350,736$172,864,048$83,099,629$983,365,383
77$2,021,248,220$181,128,096$85,677,176$1,078,362,908
78$2,227,202,750$189,790,583$88,334,572$1,182,808,051
79$2,454,157,938$198,870,830$91,074,288$1,297,653,165
80$2,704,255,642$208,389,094$93,898,871$1,423,947,204
81$2,979,856,180$218,366,622$96,810,945$1,562,845,555
82$3,283,560,616$228,825,693$99,813,218$1,715,620,864
83$3,618,235,317$239,789,669$102,908,478$1,883,674,970
84$3,987,039,009$251,283,054$106,099,603$2,068,552,052
85$4,393,452,605$263,331,540$109,389,556$2,271,953,117
86$4,841,312,059$275,962,074$112,781,395$2,495,751,965
87$5,334,844,588$289,202,914$116,278,270$2,742,012,777
88$5,878,708,573$303,083,694$119,883,429$3,013,009,501
89$6,478,037,544$317,635,492$123,600,221$3,311,247,208
90$7,138,488,643$332,890,900$127,432,097$3,639,485,629
91$7,866,296,028$348,884,098$131,382,617$4,000,765,090
92$8,668,329,736$365,650,932$135,455,447$4,398,435,085
93$9,552,160,534$383,228,993$139,654,370$4,836,185,770
94$10,526,131,401$401,657,705$143,983,283$5,318,082,662
95$11,599,436,286$420,978,415$148,446,206$5,848,604,876
96$12,782,206,914$441,234,484$153,047,280$6,432,687,257
97$14,085,608,431$462,471,386$157,790,776$7,075,766,815
98$15,521,944,820$484,736,813$162,681,096$7,783,833,882
99$17,104,775,057$508,080,782$167,722,778$8,563,488,495
100$18,849,041,122$532,555,750$172,920,501$9,422,002,522