Can I retire at age 30 with 19,900,000?

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 $19,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$1,643,323$1,628,686$1,614,404$1,600,465$1,586,854$1,545,358
2 years$813,526$798,375$783,691$769,454$755,645$714,121
3 years$536,964$521,747$507,100$492,997$479,412$439,160
4 years$398,709$383,539$369,039$355,176$341,921$303,249
5 years$315,778$300,700$286,390$272,810$259,923$222,939
6 years$260,509$245,544$231,445$218,168$205,668$170,409
7 years$221,047$206,207$192,332$179,368$167,263$133,730
8 years$191,463$176,758$163,113$150,467$138,761$106,938
9 years$168,466$153,899$140,489$128,165$116,857$86,716
10 years$150,079$135,655$122,482$110,479$99,568$71,072
11 years$135,045$120,765$107,831$96,150$85,632$58,738
12 years$122,526$108,393$95,697$84,337$74,207$48,866
13 years$111,940$97,955$85,499$74,457$64,710$40,871
14 years$102,875$89,039$76,821$66,094$56,724$34,333
15 years$95,026$81,338$69,359$58,944$49,944$28,943
16 years$88,165$74,626$62,885$52,778$44,141$24,471
17 years$82,117$68,728$57,222$47,421$39,138$20,741
18 years$76,747$63,508$52,237$42,736$34,800$17,616
19 years$71,948$58,858$47,820$38,615$31,018$14,987
20 years$67,634$54,694$43,887$34,974$27,706$12,769
21 years$63,736$50,945$40,367$31,741$24,794$10,893
22 years$60,197$47,556$37,205$28,860$22,224$9,302
23 years$56,971$44,478$34,352$26,283$19,950$7,950
24 years$54,018$41,673$31,770$23,972$17,931$6,800
25 years$51,305$39,108$29,425$21,892$16,135$5,820
26 years$48,805$36,755$27,290$20,017$14,534$4,984
27 years$46,495$34,591$25,342$18,322$13,104$4,270
28 years$44,353$32,595$23,558$16,787$11,824$3,659
29 years$42,362$30,749$21,923$15,394$10,676$3,137
30 years$40,508$29,040$20,420$14,128$9,647$2,691
31 years$38,776$27,452$19,037$12,975$8,722$2,308
32 years$37,157$25,975$17,762$11,925$7,889$1,980
33 years$35,638$24,599$16,585$10,966$7,140$1,700
34 years$34,212$23,314$15,496$10,090$6,464$1,459
35 years$32,870$22,113$14,487$9,288$5,855$1,252
36 years$31,606$20,989$13,553$8,554$5,305$1,075
37 years$30,413$19,934$12,685$7,881$4,808$923
38 years$29,285$18,945$11,879$7,264$4,359$793
39 years$28,218$18,015$11,129$6,698$3,953$681
40 years$27,206$17,139$10,432$6,178$3,585$584
41 years$26,247$16,315$9,781$5,700$3,253$502
42 years$25,336$15,538$9,175$5,260$2,952$431
43 years$24,469$14,805$8,610$4,856$2,679$370
44 years$23,644$14,112$8,082$4,484$2,431$318
45 years$22,858$13,457$7,589$4,141$2,207$273
46 years$22,108$12,837$7,127$3,825$2,004$235
47 years$21,393$12,251$6,696$3,534$1,820$202
48 years$20,709$11,695$6,292$3,265$1,653$173
49 years$20,055$11,168$5,914$3,018$1,501$149
50 years$19,429$10,668$5,560$2,789$1,363$128

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $19,900,000, adding $4,340 every year, while hoping to spend $52,993 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: 76/17/7 Blend
29$19,900,000$19,900,000$19,900,000$19,900,000
30$21,934,277$20,879,577$20,571,127$23,581,674
31$24,115,189$21,846,292$21,203,875$25,631,769
32$26,516,778$22,858,600$21,856,045$27,871,011
33$29,161,497$23,918,679$22,528,230$30,323,851
34$32,074,087$25,028,812$23,221,044$33,011,462
35$35,281,813$26,191,393$23,935,117$35,957,151
36$38,814,716$27,408,929$24,671,102$39,186,573
37$42,705,901$28,684,050$25,429,668$42,727,972
38$46,991,847$30,019,513$26,211,506$46,612,442
39$51,712,754$31,418,207$27,017,329$50,874,216
40$56,912,916$32,883,161$27,847,872$55,550,988
41$62,641,147$34,417,550$28,703,889$60,684,259
42$68,951,236$36,024,701$29,586,161$66,319,730
43$75,902,456$37,708,105$30,495,491$72,507,722
44$83,560,123$39,471,419$31,432,706$79,303,654
45$91,996,214$41,318,477$32,398,661$86,768,551
46$101,290,044$43,253,299$33,394,232$94,969,623
47$111,529,017$45,280,099$34,420,328$103,980,889
48$122,809,449$47,403,296$35,477,880$113,883,871
49$135,237,474$49,627,519$36,567,851$124,768,357
50$148,930,055$51,957,626$37,691,232$136,733,240
51$164,016,077$54,398,706$38,849,045$149,887,447
52$180,637,571$56,956,097$40,042,342$164,350,960
53$198,951,050$59,635,393$41,272,208$180,255,940
54$219,128,991$62,442,460$42,539,760$197,747,964
55$241,361,457$65,383,450$43,846,151$216,987,396
56$265,857,895$68,464,809$45,192,567$238,150,888
57$292,849,114$71,693,298$46,580,231$261,433,041
58$322,589,459$75,076,005$48,010,405$287,048,229
59$355,359,216$78,620,361$49,484,385$315,232,618
60$391,467,256$82,334,158$51,003,512$346,246,380
61$431,253,950$86,225,566$52,569,163$380,376,138
62$475,094,383$90,303,149$54,182,760$417,937,666
63$523,401,895$94,575,888$55,845,768$459,278,851
64$576,631,981$99,053,199$57,559,694$504,782,968
65$635,286,594$103,744,957$59,326,094$554,872,287
66$699,918,879$108,661,512$61,146,571$610,012,040
67$771,138,398$113,813,720$63,022,775$670,714,802
68$849,616,884$119,212,961$64,956,407$737,545,317
69$936,094,580$124,871,170$66,949,220$811,125,809
70$1,031,387,229$130,800,859$69,003,021$892,141,841
71$1,136,393,775$137,015,150$71,119,671$981,348,772
72$1,252,104,848$143,527,800$73,301,088$1,079,578,867
73$1,379,612,115$150,353,236$75,549,247$1,187,749,136
74$1,520,118,590$157,506,584$77,866,186$1,306,869,970
75$1,674,949,986$165,003,706$80,254,003$1,438,054,664
76$1,845,567,232$172,861,235$82,714,860$1,582,529,897
77$2,033,580,266$181,096,612$85,250,984$1,741,647,296
78$2,240,763,233$189,728,125$87,864,671$1,916,896,172
79$2,469,071,232$198,774,953$90,558,288$2,109,917,551
80$2,720,658,777$208,257,205$93,334,269$2,322,519,644
81$2,997,900,134$218,195,969$96,195,129$2,556,694,889
82$3,303,411,735$228,613,359$99,143,452$2,814,638,733
83$3,640,076,881$239,532,563$102,181,908$3,098,770,327
84$4,011,072,962$250,977,898$105,313,241$3,411,755,334
85$4,419,901,454$262,974,864$108,540,284$3,756,531,062
86$4,870,420,971$275,550,202$111,865,953$4,136,334,160
87$5,366,883,701$288,731,952$115,293,253$4,554,731,138
88$5,913,975,543$302,549,522$118,825,281$5,015,651,998
89$6,516,860,348$317,033,748$122,465,227$5,523,427,302
90$7,181,228,671$332,216,970$126,216,380$6,082,829,007
91$7,913,351,493$348,133,099$130,082,127$6,699,115,480
92$8,720,139,424$364,817,699$134,065,957$7,378,081,090
93$9,609,207,945$382,308,067$138,171,466$8,126,110,867
94$10,588,949,306$400,643,313$142,402,361$8,950,240,732
95$11,668,611,754$419,864,453$146,762,459$9,858,223,868
96$12,858,386,844$440,014,503$151,255,692$10,858,603,863
97$14,169,505,660$461,138,571$155,886,115$11,960,795,312
98$15,614,344,840$483,283,964$160,657,903$13,175,172,638
99$17,206,543,429$506,500,294$165,575,358$14,513,167,973
100$18,961,131,640$530,839,589$170,642,914$15,987,379,021