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%13.7%
1 years$1,626,808$1,612,317$1,598,179$1,584,380$1,570,906$1,546,792
2 years$805,350$790,351$775,815$761,721$748,050$723,815
3 years$531,567$516,503$502,004$488,042$474,594$450,990
4 years$394,702$379,685$365,330$351,607$338,484$315,695
5 years$312,605$297,677$283,511$270,068$257,310$235,400
6 years$257,891$243,076$229,119$215,975$203,601$182,596
7 years$218,825$204,135$190,399$177,565$165,582$145,489
8 years$189,539$174,981$161,474$148,955$137,366$118,182
9 years$166,773$152,353$139,077$126,877$115,682$97,397
10 years$148,571$134,291$121,251$109,369$98,567$81,167
11 years$133,688$119,552$106,747$95,184$84,771$68,237
12 years$121,294$107,303$94,735$83,489$73,461$57,774
13 years$110,815$96,971$84,640$73,708$64,059$49,196
14 years$101,841$88,144$76,049$65,430$56,154$42,091
15 years$94,071$80,521$68,662$58,352$49,442$36,154
16 years$87,278$73,876$62,253$52,248$43,697$31,157
17 years$81,291$68,037$56,647$46,944$38,745$26,926
18 years$75,975$62,870$51,712$42,306$34,450$23,325
19 years$71,225$58,267$47,339$38,227$30,706$20,246
20 years$66,954$54,144$43,446$34,622$27,427$17,604
21 years$63,095$50,433$39,962$31,422$24,544$15,329
22 years$59,592$47,078$36,831$28,570$22,001$13,365
23 years$56,398$44,031$34,007$26,019$19,749$11,666
24 years$53,475$41,254$31,451$23,731$17,751$10,193
25 years$50,790$38,715$29,130$21,672$15,973$8,913
26 years$48,315$36,386$27,016$19,816$14,388$7,800
27 years$46,027$34,243$25,087$18,138$12,972$6,830
28 years$43,907$32,267$23,322$16,618$11,705$5,983
29 years$41,936$30,440$21,703$15,239$10,569$5,245
30 years$40,101$28,748$20,215$13,986$9,550$4,599
31 years$38,387$27,176$18,846$12,845$8,634$4,034
32 years$36,783$25,714$17,584$11,805$7,810$3,540
33 years$35,280$24,352$16,418$10,856$7,068$3,107
34 years$33,868$23,080$15,340$9,988$6,399$2,728
35 years$32,540$21,891$14,342$9,195$5,796$2,396
36 years$31,288$20,778$13,416$8,468$5,252$2,104
37 years$30,107$19,734$12,558$7,802$4,760$1,848
38 years$28,991$18,754$11,760$7,191$4,315$1,624
39 years$27,934$17,834$11,017$6,631$3,913$1,427
40 years$26,933$16,967$10,327$6,116$3,549$1,254
41 years$25,983$16,151$9,683$5,643$3,220$1,102
42 years$25,081$15,382$9,083$5,208$2,922$969
43 years$24,223$14,656$8,523$4,807$2,652$852
44 years$23,406$13,970$8,001$4,439$2,407$749
45 years$22,628$13,322$7,512$4,099$2,185$658
46 years$21,886$12,708$7,056$3,787$1,984$579
47 years$21,178$12,128$6,629$3,498$1,802$509
48 years$20,501$11,577$6,229$3,233$1,636$447
49 years$19,854$11,056$5,855$2,987$1,486$393
50 years$19,234$10,561$5,505$2,761$1,350$346

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 $5,400 every year, while hoping to spend $44,810 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: 72/13/15 Blend
29$19,700,000$19,700,000$19,700,000$19,700,000
30$21,714,970$20,670,870$20,365,520$23,205,105
31$23,882,220$21,636,065$21,000,088$25,159,202
32$26,269,027$22,647,053$21,654,411$27,292,422
33$28,897,739$23,706,030$22,329,105$29,627,286
34$31,792,982$24,815,299$23,024,804$32,183,745
35$34,981,891$25,977,274$23,742,160$34,983,760
36$38,494,369$27,194,486$24,481,848$38,051,506
37$42,363,366$28,469,587$25,244,561$41,413,597
38$46,625,192$29,805,359$26,031,016$45,099,333
39$51,319,858$31,204,718$26,841,951$49,140,973
40$56,491,455$32,670,721$27,678,128$53,574,035
41$62,188,569$34,206,572$28,540,332$58,437,629
42$68,464,742$35,815,632$29,429,371$63,774,820
43$75,378,971$37,501,424$30,346,081$69,633,030
44$82,996,273$39,267,641$31,291,321$76,064,481
45$91,388,292$41,118,154$32,265,980$83,126,687
46$100,633,979$43,057,025$33,270,971$90,882,983
47$110,820,334$45,088,508$34,307,238$99,403,128
48$122,043,230$47,217,068$35,375,753$108,763,951
49$134,408,318$49,447,382$36,477,518$119,050,071
50$148,032,020$51,784,357$37,613,569$130,354,693
51$163,042,632$54,233,137$38,784,969$142,780,479
52$179,581,533$56,799,114$39,992,819$156,440,512
53$197,804,523$59,487,943$41,238,252$171,459,354
54$217,883,286$62,305,554$42,522,435$187,974,217
55$240,007,017$65,258,163$43,846,573$206,136,253
56$264,384,208$68,352,288$45,211,908$226,111,966
57$291,244,612$71,594,764$46,619,721$248,084,784
58$320,841,413$74,992,758$48,071,333$272,256,776
59$353,453,618$78,553,784$49,568,103$298,850,552
60$389,388,688$82,285,721$51,111,436$328,111,358
61$428,985,445$86,196,832$52,702,779$360,309,377
62$472,617,262$90,295,778$54,343,624$395,742,275
63$520,695,597$94,591,645$56,035,510$434,737,994
64$573,673,870$99,093,958$57,780,022$477,657,842
65$632,051,747$103,812,705$59,578,795$524,899,890
66$696,379,858$108,758,360$61,433,517$576,902,719
67$767,264,988$113,941,904$63,345,925$634,149,545
68$845,375,815$119,374,856$65,317,811$697,172,772
69$931,449,215$125,069,291$67,351,025$766,559,001
70$1,026,297,222$131,037,873$69,447,471$842,954,554
71$1,130,814,691$137,293,881$71,609,113$927,071,562
72$1,245,987,749$143,851,240$73,837,978$1,019,694,671
73$1,372,903,103$150,724,555$76,136,154$1,121,688,432
74$1,512,758,298$157,929,136$78,505,794$1,234,005,449
75$1,666,873,023$165,481,043$80,949,117$1,357,695,350
76$1,836,701,572$173,397,115$83,468,413$1,493,914,682
77$2,023,846,570$181,695,011$86,066,042$1,643,937,804
78$2,230,074,102$190,393,249$88,744,437$1,809,168,905
79$2,457,330,392$199,511,249$91,506,106$1,991,155,232
80$2,707,760,167$209,069,376$94,353,637$2,191,601,678
81$2,983,726,915$219,088,986$97,289,694$2,412,386,853
82$3,287,835,191$229,592,476$100,317,029$2,655,580,798
83$3,622,955,206$240,603,334$103,438,476$2,923,464,496
84$3,992,249,930$252,146,190$106,656,957$3,218,551,384
85$4,399,204,944$264,246,874$109,975,486$3,543,611,055
86$4,847,661,353$276,932,476$113,397,170$3,901,695,371
87$5,341,852,047$290,231,403$116,925,212$4,296,167,246
88$5,886,441,663$304,173,449$120,562,913$4,730,732,366
89$6,486,570,622$318,789,858$124,313,681$5,209,474,136
90$7,147,903,660$334,113,396$128,181,024$5,736,892,197
91$7,876,683,308$350,178,426$132,168,562$6,317,944,871
92$8,679,788,824$367,020,987$136,280,027$6,958,095,931
93$9,564,801,142$384,678,874$140,519,267$7,663,366,144
94$10,540,074,444$403,191,724$144,890,247$8,440,390,073
95$11,614,815,026$422,601,107$149,397,059$9,296,478,665
96$12,799,168,215$442,950,619$154,043,918$10,239,688,229
97$14,104,314,156$464,285,981$158,835,171$11,278,896,448
98$15,542,573,351$486,655,146$163,775,301$12,423,886,137
99$17,127,522,988$510,108,403$168,868,928$13,685,437,555
100$18,874,125,113$534,698,495$174,120,818$15,075,430,120