Can I retire at age 30 with 19,800,000?

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 $19,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$1,635,065$1,620,501$1,606,292$1,592,422$1,578,880$1,569,587
2 years$809,438$794,363$779,753$765,588$751,848$742,473
3 years$534,265$519,125$504,552$490,519$477,003$467,836
4 years$396,706$381,612$367,185$353,392$340,203$331,314
5 years$314,192$299,188$284,950$271,439$258,617$250,032
6 years$259,200$244,310$230,282$217,072$204,634$196,366
7 years$219,936$205,171$191,366$178,467$166,423$158,474
8 years$190,501$175,869$162,293$149,711$138,064$130,435
9 years$167,619$153,126$139,783$127,521$116,270$108,959
10 years$149,325$134,973$121,866$109,924$99,067$92,071
11 years$134,366$120,159$107,289$95,667$85,201$78,515
12 years$121,910$107,848$95,216$83,913$73,834$67,451
13 years$111,378$97,463$85,069$74,082$64,384$58,300
14 years$102,358$88,591$76,435$65,762$56,439$50,645
15 years$94,548$80,930$69,011$58,648$49,693$44,183
16 years$87,721$74,251$62,569$52,513$43,919$38,684
17 years$81,704$68,383$56,935$47,183$38,942$33,974
18 years$76,361$63,189$51,974$42,521$34,625$29,916
19 years$71,586$58,563$47,580$38,421$30,862$26,403
20 years$67,294$54,419$43,666$34,798$27,567$23,348
21 years$63,416$50,689$40,165$31,581$24,669$20,683
22 years$59,895$47,317$37,018$28,715$22,112$18,349
23 years$56,685$44,254$34,179$26,151$19,849$16,300
24 years$53,746$41,463$31,610$23,851$17,841$14,497
25 years$51,047$38,911$29,277$21,782$16,054$12,906
26 years$48,560$36,570$27,153$19,917$14,461$11,501
27 years$46,261$34,417$25,214$18,230$13,038$10,256
28 years$44,130$32,431$23,440$16,703$11,764$9,153
29 years$42,149$30,595$21,813$15,317$10,623$8,174
30 years$40,304$28,894$20,318$14,057$9,598$7,303
31 years$38,582$27,314$18,942$12,910$8,678$6,528
32 years$36,970$25,845$17,673$11,865$7,850$5,839
33 years$35,459$24,475$16,501$10,911$7,104$5,224
34 years$34,040$23,197$15,418$10,039$6,432$4,675
35 years$32,705$22,002$14,415$9,241$5,826$4,186
36 years$31,447$20,883$13,485$8,511$5,278$3,748
37 years$30,260$19,834$12,621$7,842$4,784$3,357
38 years$29,138$18,850$11,819$7,228$4,337$3,008
39 years$28,076$17,924$11,073$6,664$3,933$2,696
40 years$27,070$17,053$10,379$6,147$3,567$2,416
41 years$26,115$16,233$9,732$5,671$3,236$2,166
42 years$25,208$15,460$9,129$5,234$2,937$1,942
43 years$24,346$14,730$8,567$4,832$2,665$1,741
44 years$23,525$14,041$8,041$4,461$2,419$1,561
45 years$22,743$13,389$7,550$4,120$2,196$1,400
46 years$21,997$12,773$7,092$3,806$1,994$1,256
47 years$21,285$12,189$6,662$3,516$1,811$1,127
48 years$20,605$11,636$6,261$3,249$1,644$1,011
49 years$19,954$11,112$5,885$3,003$1,493$907
50 years$19,332$10,615$5,533$2,775$1,357$814

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $19,800,000, adding $6,880 every year, while hoping to spend $56,956 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: 67/27/6 Blend
29$19,800,000$19,800,000$19,800,000$19,800,000
30$21,826,697$20,777,297$20,470,397$23,269,053
31$23,992,419$21,734,784$21,095,554$25,183,706
32$26,377,136$22,737,278$21,739,746$27,268,480
33$29,003,125$23,786,926$22,403,548$29,545,972
34$31,894,934$24,885,976$23,087,558$32,034,979
35$35,079,613$26,036,784$23,792,386$34,756,179
36$38,586,967$27,241,820$24,518,665$37,732,319
37$42,449,843$28,503,674$25,267,045$40,988,423
38$46,704,432$29,825,060$26,038,197$44,552,024
39$51,390,618$31,208,822$26,832,810$48,453,418
40$56,552,349$32,657,941$27,651,597$52,725,941
41$62,238,052$34,175,544$28,495,289$57,406,283
42$68,501,094$35,764,907$29,364,642$62,534,818
43$75,400,282$37,429,463$30,260,433$68,155,989
44$83,000,417$39,172,813$31,183,464$74,318,710
45$91,372,908$40,998,730$32,134,559$81,076,826
46$100,596,447$42,911,170$33,114,569$88,489,611
47$110,757,748$44,914,280$34,124,370$96,622,319
48$121,952,365$47,012,407$35,164,864$105,546,788
49$134,285,600$49,210,108$36,236,980$115,342,116
50$147,873,488$51,512,161$37,341,676$126,095,388
51$162,843,900$53,923,572$38,479,938$137,902,497
52$179,337,744$56,449,594$39,652,782$150,869,032
53$197,510,299$59,095,729$40,861,255$165,111,265
54$217,532,678$61,867,748$42,106,436$180,757,236
55$239,593,443$64,771,700$43,389,434$197,947,953
56$263,900,389$67,813,928$44,711,394$216,838,703
57$290,682,498$71,001,080$46,073,495$237,600,513
58$320,192,107$74,340,126$47,476,951$260,421,741
59$352,707,285$77,838,376$48,923,013$285,509,846
60$388,534,463$81,503,491$50,412,968$313,093,328
61$428,011,320$85,343,504$51,948,145$343,423,866
62$471,509,976$89,366,838$53,529,909$376,778,682
63$519,440,503$93,582,322$55,159,670$413,463,138
64$572,254,794$97,999,215$56,838,879$453,813,596
65$630,450,830$102,627,224$58,569,028$498,200,579
66$694,577,382$107,476,525$60,351,658$547,032,244
67$765,239,190$112,557,790$62,188,354$600,758,216
68$843,102,673$117,882,207$64,080,749$659,873,809
69$928,902,217$123,461,507$66,030,525$724,924,678
70$1,023,447,111$129,307,989$68,039,416$796,511,944
71$1,127,629,186$135,434,550$70,109,206$875,297,845
72$1,242,431,232$141,854,712$72,241,734$962,011,960
73$1,368,936,279$148,582,654$74,438,893$1,057,458,066
74$1,508,337,818$155,633,243$76,702,635$1,162,521,699
75$1,661,951,071$163,022,066$79,034,968$1,278,178,477
76$1,831,225,403$170,765,470$81,437,962$1,405,503,286
77$2,017,758,009$178,880,594$83,913,749$1,545,680,385
78$2,223,308,992$187,385,409$86,464,525$1,700,014,554
79$2,449,817,974$196,298,758$89,092,552$1,869,943,373
80$2,699,422,413$205,640,404$91,800,158$2,057,050,755
81$2,974,477,780$215,431,064$94,589,744$2,263,081,855
82$3,277,579,794$225,692,467$97,463,781$2,489,959,504
83$3,611,588,930$236,447,395$100,424,815$2,739,802,317
84$3,979,657,421$247,719,738$103,475,467$3,014,944,645
85$4,385,259,022$259,534,548$106,618,438$3,317,958,560
86$4,832,221,796$271,918,095$109,856,510$3,651,678,091
87$5,324,764,263$284,897,926$113,192,547$4,019,225,920
88$5,867,535,222$298,502,928$116,629,501$4,424,042,806
89$6,465,657,635$312,763,392$120,170,410$4,869,920,006
90$7,124,777,000$327,711,085$123,818,405$5,361,035,010
91$7,851,114,643$343,379,316$127,576,710$5,901,990,905
92$8,651,526,452$359,803,018$131,448,646$6,497,859,769
93$9,533,567,606$377,018,822$135,437,632$7,154,230,483
94$10,505,563,900$395,065,143$139,547,191$7,877,261,411
95$11,576,690,347$413,982,264$143,780,950$8,673,738,469
96$12,757,057,797$433,812,429$148,142,647$9,551,139,100
97$14,057,808,396$454,599,942$152,636,129$10,517,702,783
98$15,491,220,773$476,391,260$157,265,360$11,582,508,727
99$17,070,825,964$499,235,104$162,034,422$12,755,561,489
100$18,811,535,156$523,182,567$166,947,518$14,047,885,330