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

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 $19,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$1,626,808$1,612,317$1,598,179$1,584,380$1,570,906$1,545,517
2 years$805,350$790,351$775,815$761,721$748,050$722,542
3 years$531,567$516,503$502,004$488,042$474,594$449,759
4 years$394,702$379,685$365,330$351,607$338,484$314,515
5 years$312,605$297,677$283,511$270,068$257,310$234,275
6 years$257,891$243,076$229,119$215,975$203,601$181,527
7 years$218,825$204,135$190,399$177,565$165,582$144,475
8 years$189,539$174,981$161,474$148,955$137,366$117,223
9 years$166,773$152,353$139,077$126,877$115,682$96,492
10 years$148,571$134,291$121,251$109,369$98,567$80,314
11 years$133,688$119,552$106,747$95,184$84,771$67,436
12 years$121,294$107,303$94,735$83,489$73,461$57,022
13 years$110,815$96,971$84,640$73,708$64,059$48,492
14 years$101,841$88,144$76,049$65,430$56,154$41,433
15 years$94,071$80,521$68,662$58,352$49,442$35,540
16 years$87,278$73,876$62,253$52,248$43,697$30,586
17 years$81,291$68,037$56,647$46,944$38,745$26,394
18 years$75,975$62,870$51,712$42,306$34,450$22,831
19 years$71,225$58,267$47,339$38,227$30,706$19,788
20 years$66,954$54,144$43,446$34,622$27,427$17,180
21 years$63,095$50,433$39,962$31,422$24,544$14,938
22 years$59,592$47,078$36,831$28,570$22,001$13,004
23 years$56,398$44,031$34,007$26,019$19,749$11,334
24 years$53,475$41,254$31,451$23,731$17,751$9,887
25 years$50,790$38,715$29,130$21,672$15,973$8,632
26 years$48,315$36,386$27,016$19,816$14,388$7,541
27 years$46,027$34,243$25,087$18,138$12,972$6,593
28 years$43,907$32,267$23,322$16,618$11,705$5,767
29 years$41,936$30,440$21,703$15,239$10,569$5,046
30 years$40,101$28,748$20,215$13,986$9,550$4,418
31 years$38,387$27,176$18,846$12,845$8,634$3,869
32 years$36,783$25,714$17,584$11,805$7,810$3,389
33 years$35,280$24,352$16,418$10,856$7,068$2,970
34 years$33,868$23,080$15,340$9,988$6,399$2,603
35 years$32,540$21,891$14,342$9,195$5,796$2,282
36 years$31,288$20,778$13,416$8,468$5,252$2,001
37 years$30,107$19,734$12,558$7,802$4,760$1,755
38 years$28,991$18,754$11,760$7,191$4,315$1,539
39 years$27,934$17,834$11,017$6,631$3,913$1,350
40 years$26,933$16,967$10,327$6,116$3,549$1,184
41 years$25,983$16,151$9,683$5,643$3,220$1,039
42 years$25,081$15,382$9,083$5,208$2,922$912
43 years$24,223$14,656$8,523$4,807$2,652$800
44 years$23,406$13,970$8,001$4,439$2,407$702
45 years$22,628$13,322$7,512$4,099$2,185$616
46 years$21,886$12,708$7,056$3,787$1,984$541
47 years$21,178$12,128$6,629$3,498$1,802$475
48 years$20,501$11,577$6,229$3,233$1,636$417
49 years$19,854$11,056$5,855$2,987$1,486$366
50 years$19,234$10,561$5,505$2,761$1,350$321

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 $6,205 every year, while hoping to spend $55,528 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: 74/6/20 Blend
29$19,700,000$19,700,000$19,700,000$19,700,000
30$21,715,800$20,671,700$20,366,350$23,219,058
31$23,871,731$21,625,532$20,989,542$25,171,597
32$26,245,705$22,624,241$21,631,749$27,303,287
33$28,859,905$23,669,967$22,293,551$29,637,890
34$31,738,773$24,764,953$22,975,542$32,195,604
35$34,909,243$25,911,551$23,678,338$34,998,668
36$38,400,994$27,112,225$24,402,571$38,071,570
37$42,246,730$28,369,559$25,148,892$41,441,277
38$46,482,490$29,686,261$25,917,973$45,137,488
39$51,147,985$31,065,169$26,710,506$49,192,908
40$56,286,976$32,509,258$27,527,204$53,643,557
41$61,947,683$34,021,647$28,368,801$58,529,108
42$68,183,244$35,605,606$29,236,054$63,893,255
43$75,052,215$37,264,561$30,129,742$69,784,126
44$82,619,121$39,002,104$31,050,668$76,254,733
45$90,955,066$40,822,002$31,999,661$83,363,468
46$100,138,405$42,728,202$32,977,571$91,174,651
47$110,255,481$44,724,842$33,985,278$99,759,138
48$121,401,441$46,816,261$35,023,686$109,194,979
49$133,681,137$49,007,006$36,093,728$119,568,157
50$147,210,109$51,301,846$37,196,364$130,973,392
51$162,115,681$53,705,777$38,332,583$143,515,033
52$178,538,161$56,224,041$39,503,406$157,308,040
53$196,632,164$58,862,130$40,709,881$172,479,062
54$216,568,074$61,625,803$41,953,091$189,167,628
55$238,533,649$64,521,099$43,234,150$207,527,463
56$262,735,794$67,554,346$44,554,208$227,727,930
57$289,402,518$70,732,181$45,914,446$249,955,628
58$318,785,078$74,061,562$47,316,084$274,416,144
59$351,160,361$77,549,783$48,760,377$301,335,989
60$386,833,487$81,204,492$50,248,619$330,964,734
61$426,140,697$85,033,707$51,782,143$363,577,358
62$469,452,524$89,045,834$53,362,320$399,476,834
63$517,177,290$93,249,688$54,990,566$438,996,989
64$569,764,961$97,654,510$56,668,337$482,505,645
65$627,711,395$102,269,990$58,397,135$530,408,085
66$691,563,024$107,106,285$60,178,505$583,150,872
67$761,922,008$112,174,049$62,014,041$641,226,055
68$839,451,925$117,484,450$63,905,383$705,175,813
69$924,884,030$123,049,196$65,854,222$775,597,555
70$1,019,024,162$128,880,568$67,862,300$853,149,561
71$1,122,760,349$134,991,439$69,931,410$938,557,181
72$1,237,071,193$141,395,307$72,063,400$1,032,619,678
73$1,363,035,105$148,106,328$74,260,175$1,136,217,759
74$1,501,840,490$155,139,342$76,523,695$1,250,321,885
75$1,654,796,962$162,509,912$78,855,981$1,376,001,417
76$1,823,347,710$170,234,355$81,259,113$1,514,434,704
77$2,009,083,120$178,329,782$83,735,237$1,666,920,197
78$2,213,755,790$186,814,134$86,286,560$1,834,888,690
79$2,439,297,079$195,706,224$88,915,357$2,019,916,820
80$2,687,835,331$205,025,780$91,623,973$2,223,741,940
81$2,961,715,979$214,793,487$94,414,820$2,448,278,503
82$3,263,523,679$225,031,038$97,290,386$2,695,636,124
83$3,596,106,713$235,761,178$100,253,233$2,968,139,482
84$3,962,603,881$247,007,758$103,305,999$3,268,350,254
85$4,366,474,129$258,795,791$106,451,403$3,599,091,277
86$4,811,529,210$271,151,504$109,692,244$3,963,473,190
87$5,301,969,662$284,102,401$113,031,407$4,364,923,777
88$5,842,424,472$297,677,322$116,471,863$4,807,220,313
89$6,437,994,770$311,906,513$120,016,673$5,294,525,205
90$7,094,301,992$326,821,688$123,668,988$5,831,425,271
91$7,817,540,952$342,456,108$127,432,055$6,422,975,021
92$8,614,538,321$358,844,649$131,309,221$7,074,744,359
93$9,492,817,080$376,023,886$135,303,930$7,792,871,139
94$10,460,667,541$394,032,176$139,419,730$8,584,119,094
95$11,527,225,617$412,909,740$143,660,278$9,455,941,668
96$12,702,559,072$432,698,759$148,029,339$10,416,552,352
97$13,997,762,567$453,443,468$152,530,792$11,475,002,210
98$15,425,062,406$475,190,255$157,168,631$12,641,265,294
99$16,997,931,963$497,987,769$161,946,972$13,926,332,784
100$18,731,218,880$521,887,026$166,870,052$15,342,316,724