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%11.8%
1 years$1,635,065$1,620,501$1,606,292$1,592,422$1,578,880$1,566,960
2 years$809,438$794,363$779,753$765,588$751,848$739,830
3 years$534,265$519,125$504,552$490,519$477,003$465,260
4 years$396,706$381,612$367,185$353,392$340,203$328,824
5 years$314,192$299,188$284,950$271,439$258,617$247,637
6 years$259,200$244,310$230,282$217,072$204,634$194,067
7 years$219,936$205,171$191,366$178,467$166,423$156,273
8 years$190,501$175,869$162,293$149,711$138,064$128,331
9 years$167,619$153,126$139,783$127,521$116,270$106,952
10 years$149,325$134,973$121,866$109,924$99,067$90,159
11 years$134,366$120,159$107,289$95,667$85,201$76,696
12 years$121,910$107,848$95,216$83,913$73,834$65,724
13 years$111,378$97,463$85,069$74,082$64,384$56,661
14 years$102,358$88,591$76,435$65,762$56,439$49,093
15 years$94,548$80,930$69,011$58,648$49,693$42,714
16 years$87,721$74,251$62,569$52,513$43,919$37,297
17 years$81,704$68,383$56,935$47,183$38,942$32,665
18 years$76,361$63,189$51,974$42,521$34,625$28,682
19 years$71,586$58,563$47,580$38,421$30,862$25,242
20 years$67,294$54,419$43,666$34,798$27,567$22,257
21 years$63,416$50,689$40,165$31,581$24,669$19,658
22 years$59,895$47,317$37,018$28,715$22,112$17,388
23 years$56,685$44,254$34,179$26,151$19,849$15,400
24 years$53,746$41,463$31,610$23,851$17,841$13,655
25 years$51,047$38,911$29,277$21,782$16,054$12,119
26 years$48,560$36,570$27,153$19,917$14,461$10,765
27 years$46,261$34,417$25,214$18,230$13,038$9,570
28 years$44,130$32,431$23,440$16,703$11,764$8,514
29 years$42,149$30,595$21,813$15,317$10,623$7,578
30 years$40,304$28,894$20,318$14,057$9,598$6,749
31 years$38,582$27,314$18,942$12,910$8,678$6,014
32 years$36,970$25,845$17,673$11,865$7,850$5,361
33 years$35,459$24,475$16,501$10,911$7,104$4,780
34 years$34,040$23,197$15,418$10,039$6,432$4,264
35 years$32,705$22,002$14,415$9,241$5,826$3,805
36 years$31,447$20,883$13,485$8,511$5,278$3,396
37 years$30,260$19,834$12,621$7,842$4,784$3,031
38 years$29,138$18,850$11,819$7,228$4,337$2,707
39 years$28,076$17,924$11,073$6,664$3,933$2,417
40 years$27,070$17,053$10,379$6,147$3,567$2,159
41 years$26,115$16,233$9,732$5,671$3,236$1,929
42 years$25,208$15,460$9,129$5,234$2,937$1,724
43 years$24,346$14,730$8,567$4,832$2,665$1,540
44 years$23,525$14,041$8,041$4,461$2,419$1,376
45 years$22,743$13,389$7,550$4,120$2,196$1,230
46 years$21,997$12,773$7,092$3,806$1,994$1,099
47 years$21,285$12,189$6,662$3,516$1,811$983
48 years$20,605$11,636$6,261$3,249$1,644$879
49 years$19,954$11,112$5,885$3,003$1,493$785
50 years$19,332$10,615$5,533$2,775$1,357$702

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 $2,592 every year, while hoping to spend $29,064 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: 67/21/12 Blend
29$19,800,000$19,800,000$19,800,000$19,800,000
30$21,822,274$20,772,874$20,465,974$23,226,283
31$24,017,222$21,759,821$21,120,660$25,148,286
32$26,435,080$22,794,154$21,796,304$27,245,215
33$29,098,556$23,878,165$22,493,577$29,537,121
34$32,032,669$25,014,255$23,213,173$32,043,094
35$35,264,993$26,204,946$23,955,806$34,784,135
36$38,825,912$27,452,877$24,722,215$37,783,351
37$42,748,906$28,760,819$25,513,160$41,066,169
38$47,070,872$30,131,678$26,329,429$44,660,567
39$51,832,469$31,568,498$27,171,833$48,597,336
40$57,078,501$33,074,474$28,041,209$52,910,365
41$62,858,339$34,652,954$28,938,421$57,636,954
42$69,226,393$36,307,453$29,864,361$62,818,157
43$76,242,619$38,041,651$30,819,951$68,499,169
44$83,973,086$39,859,412$31,806,139$74,729,740
45$92,490,603$41,764,785$32,823,907$81,564,643
46$101,875,403$43,762,018$33,874,266$89,064,176
47$112,215,901$45,855,564$34,958,261$97,294,732
48$123,609,530$48,050,094$36,076,970$106,329,412
49$136,163,659$50,350,506$37,231,506$116,248,707
50$149,996,607$52,761,935$38,423,016$127,141,251
51$165,238,759$55,289,769$39,652,685$139,104,647
52$182,033,800$57,939,654$40,921,738$152,246,379
53$200,540,067$60,717,516$42,231,435$166,684,814
54$220,932,045$63,629,567$43,583,080$182,550,313
55$243,402,018$66,682,319$44,978,017$199,986,448
56$268,161,877$69,882,606$46,417,634$219,151,344
57$295,445,126$73,237,592$47,903,362$240,219,163
58$325,509,086$76,754,790$49,436,682$263,381,733
59$358,637,318$80,442,081$51,019,116$288,850,345
60$395,142,309$84,307,728$52,652,241$316,857,736
61$435,368,415$88,360,396$54,337,682$347,660,267
62$479,695,114$92,609,176$56,077,114$381,540,334
63$528,540,588$97,063,598$57,872,270$418,809,012
64$582,365,672$101,733,659$59,724,935$459,808,977
65$641,678,204$106,629,842$61,636,955$504,917,725
66$707,037,819$111,763,142$63,610,230$554,551,114
67$779,061,230$117,145,089$65,646,726$609,167,273
68$858,428,054$122,787,777$67,748,470$669,270,906
69$945,887,225$128,703,888$69,917,553$735,418,033
70$1,042,264,066$134,906,722$72,156,136$808,221,223
71$1,148,468,080$141,410,231$74,466,445$888,355,347
72$1,265,501,535$148,229,043$76,850,782$976,563,928
73$1,394,468,928$155,378,503$79,311,520$1,073,666,136
74$1,536,587,412$162,874,703$81,851,109$1,180,564,491
75$1,693,198,285$170,734,520$84,472,078$1,298,253,360
76$1,865,779,654$178,975,656$87,177,037$1,427,828,312
77$2,055,960,390$187,616,674$89,968,679$1,570,496,431
78$2,265,535,504$196,677,045$92,849,784$1,727,587,680
79$2,496,483,095$206,177,190$95,823,221$1,900,567,423
80$2,750,983,023$216,138,525$98,891,952$2,091,050,224
81$3,031,437,493$226,583,514$102,059,033$2,300,815,052
82$3,340,493,725$237,535,714$105,327,619$2,531,822,040
83$3,681,068,955$249,019,835$108,700,965$2,786,230,947
84$4,056,377,973$261,061,791$112,182,431$3,066,421,505
85$4,469,963,470$273,688,762$115,775,486$3,375,015,843
86$4,925,729,488$286,929,256$119,483,709$3,714,903,197
87$5,427,978,277$300,813,170$123,310,795$4,089,267,134
88$5,981,450,911$315,371,865$127,260,555$4,501,615,560
89$6,591,372,046$330,638,229$131,336,927$4,955,813,782
90$7,263,499,252$346,646,760$135,543,971$5,456,120,946
91$8,004,177,362$363,433,637$139,885,880$6,007,230,188
92$8,820,398,375$381,036,808$144,366,980$6,614,312,877
93$9,719,867,473$399,496,074$148,991,737$7,283,067,379
94$10,711,075,755$418,853,182$153,764,759$8,019,772,780
95$11,803,380,408$439,151,914$158,690,805$8,831,348,101
96$13,007,093,046$460,438,194$163,774,784$9,725,417,546
97$14,333,577,060$482,760,189$169,021,762$10,710,382,400
98$15,795,354,900$506,168,418$174,436,971$11,795,500,267
99$17,406,226,299$530,715,869$180,025,808$12,990,972,384
100$19,181,398,553$556,458,119$185,793,845$14,308,039,842