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%18.8%
1 years$1,626,808$1,612,317$1,598,179$1,584,380$1,570,906$1,515,169
2 years$805,350$790,351$775,815$761,721$748,050$692,490
3 years$531,567$516,503$502,004$488,042$474,594$420,957
4 years$394,702$379,685$365,330$351,607$338,484$287,180
5 years$312,605$297,677$283,511$270,068$257,310$208,474
6 years$257,891$243,076$229,119$215,975$203,601$157,268
7 years$218,825$204,135$190,399$177,565$165,582$121,744
8 years$189,539$174,981$161,474$148,955$137,366$95,986
9 years$166,773$152,353$139,077$126,877$115,682$76,706
10 years$148,571$134,291$121,251$109,369$98,567$61,928
11 years$133,688$119,552$106,747$95,184$84,771$50,394
12 years$121,294$107,303$94,735$83,489$73,461$41,264
13 years$110,815$96,971$84,640$73,708$64,059$33,956
14 years$101,841$88,144$76,049$65,430$56,154$28,053
15 years$94,071$80,521$68,662$58,352$49,442$23,251
16 years$87,278$73,876$62,253$52,248$43,697$19,322
17 years$81,291$68,037$56,647$46,944$38,745$16,092
18 years$75,975$62,870$51,712$42,306$34,450$13,425
19 years$71,225$58,267$47,339$38,227$30,706$11,217
20 years$66,954$54,144$43,446$34,622$27,427$9,384
21 years$63,095$50,433$39,962$31,422$24,544$7,858
22 years$59,592$47,078$36,831$28,570$22,001$6,585
23 years$56,398$44,031$34,007$26,019$19,749$5,523
24 years$53,475$41,254$31,451$23,731$17,751$4,635
25 years$50,790$38,715$29,130$21,672$15,973$3,891
26 years$48,315$36,386$27,016$19,816$14,388$3,268
27 years$46,027$34,243$25,087$18,138$12,972$2,746
28 years$43,907$32,267$23,322$16,618$11,705$2,308
29 years$41,936$30,440$21,703$15,239$10,569$1,940
30 years$40,101$28,748$20,215$13,986$9,550$1,632
31 years$38,387$27,176$18,846$12,845$8,634$1,372
32 years$36,783$25,714$17,584$11,805$7,810$1,154
33 years$35,280$24,352$16,418$10,856$7,068$971
34 years$33,868$23,080$15,340$9,988$6,399$817
35 years$32,540$21,891$14,342$9,195$5,796$687
36 years$31,288$20,778$13,416$8,468$5,252$578
37 years$30,107$19,734$12,558$7,802$4,760$487
38 years$28,991$18,754$11,760$7,191$4,315$409
39 years$27,934$17,834$11,017$6,631$3,913$345
40 years$26,933$16,967$10,327$6,116$3,549$290
41 years$25,983$16,151$9,683$5,643$3,220$244
42 years$25,081$15,382$9,083$5,208$2,922$205
43 years$24,223$14,656$8,523$4,807$2,652$173
44 years$23,406$13,970$8,001$4,439$2,407$146
45 years$22,628$13,322$7,512$4,099$2,185$122
46 years$21,886$12,708$7,056$3,787$1,984$103
47 years$21,178$12,128$6,629$3,498$1,802$87
48 years$20,501$11,577$6,229$3,233$1,636$73
49 years$19,854$11,056$5,855$2,987$1,486$61
50 years$19,234$10,561$5,505$2,761$1,350$52

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 $5,387 every year, while hoping to spend $25,065 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: 61/16/23 Blend
29$19,700,000$19,700,000$19,700,000$19,700,000
30$21,714,957$20,670,857$20,365,507$22,907,175
31$23,903,213$21,657,060$21,021,082$24,702,029
32$26,313,832$22,690,747$21,697,779$26,656,909
33$28,969,467$23,774,218$22,396,279$28,790,034
34$31,895,084$24,909,885$23,117,285$31,118,759
35$35,118,191$26,100,278$23,861,523$33,662,172
36$38,669,104$27,348,049$24,629,742$36,441,276
37$42,581,229$28,655,980$25,422,715$39,479,178
38$46,891,379$30,026,988$26,241,240$42,801,303
39$51,640,121$31,464,131$27,086,143$46,435,631
40$56,872,157$32,970,618$27,958,273$50,412,953
41$62,636,751$34,549,812$28,858,509$54,767,157
42$68,988,188$36,205,241$29,787,757$59,535,543
43$75,986,290$37,940,604$30,746,953$64,759,168
44$83,696,979$39,759,782$31,737,064$70,483,227
45$92,192,901$41,666,841$32,759,086$76,757,475
46$101,554,111$43,666,050$33,814,049$83,636,685
47$111,868,826$45,761,883$34,903,016$91,181,165
48$123,234,263$47,959,031$36,027,083$99,457,311
49$135,757,550$50,262,417$37,187,383$108,538,236
50$149,556,745$52,677,200$38,385,085$118,504,442
51$164,761,943$55,208,793$39,621,396$129,444,578
52$181,516,510$57,862,872$40,897,561$141,456,265
53$199,978,431$60,645,390$42,214,867$154,647,011
54$220,321,806$63,562,589$43,574,640$169,135,211
55$242,738,491$66,621,016$44,978,251$185,051,260
56$267,439,909$69,827,538$46,427,114$202,538,770
57$294,659,048$73,189,356$47,922,691$221,755,915
58$324,652,657$76,714,021$49,466,487$242,876,913
59$357,703,674$80,409,454$51,060,061$266,093,660
60$394,123,893$84,283,961$52,705,016$291,617,527
61$434,256,908$88,346,253$54,403,013$319,681,341
62$478,481,362$92,605,469$56,155,763$350,541,573
63$527,214,512$97,071,188$57,965,032$384,480,741
64$580,916,177$101,753,461$59,832,646$421,810,064
65$640,093,075$106,662,828$61,760,487$462,872,386
66$705,303,605$111,810,343$63,750,499$508,045,390
67$777,163,121$117,207,598$65,804,690$557,745,154
68$856,349,742$122,866,754$67,925,130$612,430,056
69$943,610,752$128,800,561$70,113,958$672,605,084
70$1,039,769,655$135,022,395$72,373,382$738,826,583
71$1,145,733,951$141,546,283$74,705,681$811,707,489
72$1,262,503,699$148,386,936$77,113,207$891,923,092
73$1,391,180,967$155,559,786$79,598,389$980,217,389
74$1,532,980,225$163,081,015$82,163,735$1,077,410,085
75$1,689,239,819$170,967,596$84,811,831$1,184,404,307
76$1,861,434,604$179,237,332$87,545,351$1,302,195,104
77$2,051,189,865$187,908,893$90,367,052$1,431,878,817
78$2,260,296,664$197,001,861$93,279,781$1,574,663,396
79$2,490,728,748$206,536,777$96,286,478$1,731,879,779
80$2,744,661,182$216,535,180$99,390,176$1,904,994,425
81$3,024,490,884$227,019,666$102,594,009$2,095,623,129
82$3,332,859,255$238,013,930$105,901,209$2,305,546,239
83$3,672,677,114$249,542,828$109,315,115$2,536,725,431
84$4,047,152,181$261,632,428$112,839,172$2,791,322,193
85$4,459,819,358$274,310,071$116,476,938$3,071,718,191
86$4,914,574,103$287,604,435$120,232,086$3,380,537,718
87$5,415,709,206$301,545,597$124,108,406$3,720,672,422
88$5,967,955,320$316,165,106$128,109,812$4,095,308,568
89$6,576,525,615$331,496,049$132,240,344$4,507,957,069
90$7,247,165,005$347,573,132$136,504,173$4,962,486,585
91$7,986,204,377$364,432,757$140,905,604$5,463,160,000
92$8,800,620,363$382,113,102$145,449,081$6,014,674,611
93$9,698,101,209$400,654,213$150,139,195$6,622,206,422
94$10,687,119,355$420,098,092$154,980,680$7,291,458,953
95$11,777,011,424$440,488,794$159,978,428$8,028,717,026
96$12,978,066,370$461,872,525$165,137,486$8,840,906,036
97$14,301,622,614$484,297,752$170,463,065$9,735,657,271
98$15,760,175,088$507,815,310$175,960,546$10,721,379,887
99$17,367,493,205$532,478,518$181,635,482$11,807,340,227
100$19,138,750,847$558,343,301$187,493,606$13,003,749,228