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

Use the below retirement simulation to view the chances of a successful retirement.
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%15.9%
1 years$1,635,065$1,620,501$1,606,292$1,592,422$1,578,880$1,540,711
2 years$809,438$794,363$779,753$765,588$751,848$713,623
3 years$534,265$519,125$504,552$490,519$477,003$439,916
4 years$396,706$381,612$367,185$353,392$340,203$304,540
5 years$314,192$299,188$284,950$271,439$258,617$224,477
6 years$259,200$244,310$230,282$217,072$204,634$172,053
7 years$219,936$205,171$191,366$178,467$166,423$135,403
8 years$190,501$175,869$162,293$149,711$138,064$108,593
9 years$167,619$153,126$139,783$127,521$116,270$88,325
10 years$149,325$134,973$121,866$109,924$99,067$72,616
11 years$134,366$120,159$107,289$95,667$85,201$60,206
12 years$121,910$107,848$95,216$83,913$73,834$50,252
13 years$111,378$97,463$85,069$74,082$64,384$42,171
14 years$102,358$88,591$76,435$65,762$56,439$35,546
15 years$94,548$80,930$69,011$58,648$49,693$30,071
16 years$87,721$74,251$62,569$52,513$43,919$25,516
17 years$81,704$68,383$56,935$47,183$38,942$21,705
18 years$76,361$63,189$51,974$42,521$34,625$18,503
19 years$71,586$58,563$47,580$38,421$30,862$15,801
20 years$67,294$54,419$43,666$34,798$27,567$13,514
21 years$63,416$50,689$40,165$31,581$24,669$11,572
22 years$59,895$47,317$37,018$28,715$22,112$9,920
23 years$56,685$44,254$34,179$26,151$19,849$8,512
24 years$53,746$41,463$31,610$23,851$17,841$7,309
25 years$51,047$38,911$29,277$21,782$16,054$6,281
26 years$48,560$36,570$27,153$19,917$14,461$5,400
27 years$46,261$34,417$25,214$18,230$13,038$4,645
28 years$44,130$32,431$23,440$16,703$11,764$3,998
29 years$42,149$30,595$21,813$15,317$10,623$3,442
30 years$40,304$28,894$20,318$14,057$9,598$2,964
31 years$38,582$27,314$18,942$12,910$8,678$2,553
32 years$36,970$25,845$17,673$11,865$7,850$2,200
33 years$35,459$24,475$16,501$10,911$7,104$1,895
34 years$34,040$23,197$15,418$10,039$6,432$1,634
35 years$32,705$22,002$14,415$9,241$5,826$1,408
36 years$31,447$20,883$13,485$8,511$5,278$1,214
37 years$30,260$19,834$12,621$7,842$4,784$1,047
38 years$29,138$18,850$11,819$7,228$4,337$903
39 years$28,076$17,924$11,073$6,664$3,933$778
40 years$27,070$17,053$10,379$6,147$3,567$671
41 years$26,115$16,233$9,732$5,671$3,236$579
42 years$25,208$15,460$9,129$5,234$2,937$499
43 years$24,346$14,730$8,567$4,832$2,665$431
44 years$23,525$14,041$8,041$4,461$2,419$372
45 years$22,743$13,389$7,550$4,120$2,196$321
46 years$21,997$12,773$7,092$3,806$1,994$277
47 years$21,285$12,189$6,662$3,516$1,811$239
48 years$20,605$11,636$6,261$3,249$1,644$206
49 years$19,954$11,112$5,885$3,003$1,493$178
50 years$19,332$10,615$5,533$2,775$1,357$153

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 $4,894 every year, while hoping to spend $54,663 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: 58/29/13 Blend
29$19,800,000$19,800,000$19,800,000$19,800,000
30$21,824,648$20,775,248$20,468,348$23,019,113
31$23,992,601$21,735,074$21,095,877$24,785,995
32$26,379,854$22,740,100$21,742,596$26,704,602
33$29,008,716$23,792,482$22,409,090$28,794,705
34$31,903,773$24,894,481$23,095,962$31,072,785
35$35,092,114$26,048,468$23,803,834$33,556,962
36$38,603,593$27,256,926$24,533,345$36,267,159
37$42,471,103$28,522,459$25,285,156$39,225,280
38$46,730,893$29,847,797$26,059,946$42,455,416
39$51,422,905$31,235,799$26,858,415$45,984,062
40$56,591,153$32,689,466$27,681,284$49,840,359
41$62,284,142$34,211,940$28,529,298$54,056,365
42$68,555,317$35,806,518$29,403,222$58,667,345
43$75,463,574$37,476,653$30,303,845$63,712,103
44$83,073,816$39,225,966$31,231,981$69,233,330
45$91,457,561$41,058,254$32,188,468$75,278,006
46$100,693,620$42,977,496$33,174,169$81,897,832
47$110,868,839$44,987,863$34,189,974$89,149,704
48$122,078,921$47,093,729$35,236,799$97,096,246
49$134,429,328$49,299,679$36,315,588$105,806,386
50$148,036,275$51,610,518$37,427,316$115,355,997
51$163,027,827$54,031,286$38,572,983$125,828,603
52$179,545,112$56,567,265$39,753,624$137,316,150
53$197,743,645$59,223,993$40,970,302$149,919,868
54$217,794,804$62,007,276$42,224,115$163,751,206
55$239,887,442$64,923,201$43,516,191$178,932,878
56$264,229,673$67,978,149$44,847,695$195,599,998
57$291,050,833$71,178,812$46,219,827$213,901,347
58$320,603,649$74,532,204$47,633,821$234,000,756
59$353,166,619$78,045,680$49,090,952$256,078,640
60$389,046,646$81,726,950$50,592,531$280,333,681
61$428,581,932$85,584,099$52,139,909$306,984,686
62$472,145,172$89,625,603$53,734,478$336,272,632
63$520,147,070$93,860,348$55,377,675$368,462,921
64$573,040,220$98,297,654$57,070,975$403,847,867
65$631,323,373$102,947,289$58,815,903$442,749,429
66$695,546,148$107,819,498$60,614,027$485,522,228
67$766,314,222$112,925,020$62,466,964$532,556,874
68$844,295,044$118,275,117$64,376,378$584,283,623
69$930,224,138$123,881,598$66,343,987$641,176,417
70$1,024,912,046$129,756,842$68,371,556$703,757,325
71$1,129,251,979$135,913,832$70,460,909$772,601,448
72$1,244,228,252$142,366,181$72,613,920$848,342,311
73$1,370,925,570$149,128,160$74,832,522$931,677,819
74$1,510,539,275$156,214,736$77,118,708$1,023,376,806
75$1,664,386,625$163,641,603$79,474,530$1,124,286,263
76$1,833,919,235$171,425,215$81,902,100$1,235,339,291
77$2,020,736,773$179,582,827$84,403,596$1,357,563,879
78$2,226,602,070$188,132,532$86,981,263$1,492,092,564
79$2,453,457,757$197,093,301$89,637,411$1,640,173,079
80$2,703,444,606$206,485,031$92,374,422$1,803,180,094
81$2,978,921,739$216,328,581$95,194,749$1,982,628,140
82$3,282,488,902$226,645,827$98,100,919$2,180,185,867
83$3,617,011,006$237,459,708$101,095,535$2,397,691,740
84$3,985,645,174$248,794,279$104,181,281$2,637,171,345
85$4,391,870,547$260,674,764$107,360,919$2,900,856,453
86$4,839,521,129$273,127,614$110,637,296$3,191,206,039
87$5,332,821,984$286,180,567$114,013,345$3,510,929,425
88$5,876,429,121$299,862,710$117,492,088$3,863,011,803
89$6,475,473,455$314,204,546$121,076,636$4,250,742,345
90$7,135,609,240$329,238,061$124,770,196$4,677,745,188
91$7,863,067,456$344,996,800$128,576,071$5,148,013,573
92$8,664,714,632$361,515,938$132,497,665$5,665,947,470
93$9,548,117,670$378,832,365$136,538,482$6,236,395,035
94$10,521,615,285$396,984,764$140,702,134$6,864,698,293
95$11,594,396,730$416,013,703$144,992,341$7,556,743,491
96$12,776,588,548$435,961,726$149,412,936$8,319,016,567
97$14,079,350,177$456,873,447$153,967,867$9,158,664,291
98$15,514,979,304$478,795,656$158,661,200$10,083,561,634
99$17,097,027,968$501,777,417$163,497,125$11,102,386,008
100$18,840,430,500$525,870,190$168,479,957$12,224,699,075