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%11.8%
1 years$1,643,323$1,628,686$1,614,404$1,600,465$1,586,854$1,574,874
2 years$813,526$798,375$783,691$769,454$755,645$743,567
3 years$536,964$521,747$507,100$492,997$479,412$467,610
4 years$398,709$383,539$369,039$355,176$341,921$330,485
5 years$315,778$300,700$286,390$272,810$259,923$248,888
6 years$260,509$245,544$231,445$218,168$205,668$195,047
7 years$221,047$206,207$192,332$179,368$167,263$157,062
8 years$191,463$176,758$163,113$150,467$138,761$128,979
9 years$168,466$153,899$140,489$128,165$116,857$107,492
10 years$150,079$135,655$122,482$110,479$99,568$90,615
11 years$135,045$120,765$107,831$96,150$85,632$77,084
12 years$122,526$108,393$95,697$84,337$74,207$66,056
13 years$111,940$97,955$85,499$74,457$64,710$56,947
14 years$102,875$89,039$76,821$66,094$56,724$49,341
15 years$95,026$81,338$69,359$58,944$49,944$42,930
16 years$88,165$74,626$62,885$52,778$44,141$37,485
17 years$82,117$68,728$57,222$47,421$39,138$32,830
18 years$76,747$63,508$52,237$42,736$34,800$28,827
19 years$71,948$58,858$47,820$38,615$31,018$25,369
20 years$67,634$54,694$43,887$34,974$27,706$22,369
21 years$63,736$50,945$40,367$31,741$24,794$19,757
22 years$60,197$47,556$37,205$28,860$22,224$17,476
23 years$56,971$44,478$34,352$26,283$19,950$15,478
24 years$54,018$41,673$31,770$23,972$17,931$13,724
25 years$51,305$39,108$29,425$21,892$16,135$12,180
26 years$48,805$36,755$27,290$20,017$14,534$10,820
27 years$46,495$34,591$25,342$18,322$13,104$9,619
28 years$44,353$32,595$23,558$16,787$11,824$8,557
29 years$42,362$30,749$21,923$15,394$10,676$7,617
30 years$40,508$29,040$20,420$14,128$9,647$6,783
31 years$38,776$27,452$19,037$12,975$8,722$6,044
32 years$37,157$25,975$17,762$11,925$7,889$5,388
33 years$35,638$24,599$16,585$10,966$7,140$4,804
34 years$34,212$23,314$15,496$10,090$6,464$4,286
35 years$32,870$22,113$14,487$9,288$5,855$3,824
36 years$31,606$20,989$13,553$8,554$5,305$3,413
37 years$30,413$19,934$12,685$7,881$4,808$3,047
38 years$29,285$18,945$11,879$7,264$4,359$2,721
39 years$28,218$18,015$11,129$6,698$3,953$2,430
40 years$27,206$17,139$10,432$6,178$3,585$2,170
41 years$26,247$16,315$9,781$5,700$3,253$1,939
42 years$25,336$15,538$9,175$5,260$2,952$1,732
43 years$24,469$14,805$8,610$4,856$2,679$1,548
44 years$23,644$14,112$8,082$4,484$2,431$1,383
45 years$22,858$13,457$7,589$4,141$2,207$1,236
46 years$22,108$12,837$7,127$3,825$2,004$1,105
47 years$21,393$12,251$6,696$3,534$1,820$988
48 years$20,709$11,695$6,292$3,265$1,653$883
49 years$20,055$11,168$5,914$3,018$1,501$789
50 years$19,429$10,668$5,560$2,789$1,363$706

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 $4,158 every year, while hoping to spend $24,594 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: 73/18/9 Blend
29$19,900,000$19,900,000$19,900,000$19,900,000
30$21,934,089$20,879,389$20,570,939$23,500,579
31$24,145,198$21,876,311$21,233,898$25,531,860
32$26,581,016$22,921,258$21,918,241$27,752,411
33$29,264,438$24,016,558$22,624,660$30,183,711
34$32,220,691$25,164,650$23,353,866$32,846,584
35$35,477,577$26,368,093$24,106,597$35,763,947
36$39,065,733$27,629,573$24,883,611$38,961,021
37$43,018,918$28,951,902$25,685,692$42,465,571
38$47,374,335$30,338,033$26,513,650$46,308,158
39$52,172,980$31,791,059$27,368,320$50,522,422
40$57,460,031$33,314,228$28,250,566$55,145,401
41$63,285,271$34,910,942$29,161,277$60,217,869
42$69,703,562$36,584,772$30,101,373$65,784,720
43$76,775,359$38,339,459$31,071,803$71,895,382
44$84,567,284$40,178,930$32,073,546$78,604,283
45$93,152,751$42,107,302$33,107,614$85,971,353
46$102,612,663$44,128,892$34,175,050$94,062,588
47$113,036,174$46,248,226$35,276,934$102,950,663
48$124,521,529$48,470,055$36,414,376$112,715,614
49$137,176,993$50,799,356$37,588,526$123,445,581
50$151,121,875$53,241,353$38,800,570$135,237,641
51$166,487,648$55,801,521$40,051,732$148,198,707
52$183,419,198$58,485,605$41,343,274$162,446,535
53$202,076,184$61,299,628$42,676,502$178,110,825
54$222,634,553$64,249,908$44,052,763$195,334,436
55$245,288,193$67,343,069$45,473,446$214,274,724
56$270,250,769$70,586,060$46,939,987$235,105,019
57$297,757,738$73,986,167$48,453,867$258,016,252
58$328,068,571$77,551,034$50,016,616$283,218,741
59$361,469,205$81,288,674$51,629,812$310,944,173
60$398,274,740$85,207,495$53,295,087$341,447,770
61$438,832,413$89,316,312$55,014,121$375,010,693
62$483,524,879$93,624,370$56,788,654$411,942,680
63$532,773,820$98,141,368$58,620,477$452,584,956
64$587,043,929$102,877,475$60,511,443$497,313,440
65$646,847,296$107,843,357$62,463,462$546,542,279
66$712,748,240$113,050,201$64,478,508$600,727,742
67$785,368,639$118,509,740$66,558,617$660,372,511
68$865,393,802$124,234,279$68,705,893$726,030,407
69$953,578,935$130,236,723$70,922,505$798,311,603
70$1,050,756,272$136,530,609$73,210,695$877,888,362
71$1,157,842,935$143,130,132$75,572,777$965,501,369
72$1,275,849,588$150,050,182$78,011,138$1,061,966,695
73$1,405,889,979$157,306,374$80,528,244$1,168,183,484
74$1,549,191,458$164,915,088$83,126,642$1,285,142,421
75$1,707,106,560$172,893,500$85,808,957$1,413,935,053
76$1,881,125,776$181,259,628$88,577,904$1,555,764,076
77$2,072,891,624$190,032,369$91,436,282$1,711,954,658
78$2,284,214,155$199,231,541$94,386,984$1,883,966,925
79$2,517,088,044$208,877,931$97,432,992$2,073,409,715
80$2,773,711,416$218,993,341$100,577,390$2,282,055,736
81$3,056,506,605$229,600,640$103,823,357$2,511,858,272
82$3,368,143,017$240,723,809$107,174,177$2,764,969,589
83$3,711,562,334$252,388,005$110,633,241$3,043,761,217
84$4,090,006,286$264,619,612$114,204,049$3,350,846,306
85$4,507,047,256$277,446,302$117,890,214$3,689,104,258
86$4,966,622,006$290,897,100$121,695,465$4,061,707,866
87$5,473,068,842$305,002,449$125,623,655$4,472,153,231
88$6,031,168,573$319,794,279$129,678,757$4,924,292,724
89$6,646,189,649$335,306,080$133,864,877$5,422,371,306
90$7,323,937,894$351,572,978$138,186,251$5,971,066,557
91$8,070,811,322$368,631,817$142,647,253$6,575,532,788
92$8,893,860,541$386,521,240$147,252,400$7,241,449,648
93$9,800,855,313$405,281,778$152,006,352$7,975,075,688
94$10,800,357,913$424,955,943$156,913,923$8,783,307,390
95$11,901,803,963$445,588,327$161,980,082$9,673,744,217
96$13,115,591,510$467,225,698$167,209,958$10,654,760,290
97$14,453,179,199$489,917,111$172,608,846$11,735,583,386
98$15,927,194,448$513,714,021$178,182,213$12,926,381,984
99$17,551,552,668$538,670,395$183,935,704$14,238,361,189
100$19,341,588,636$564,842,839$189,875,145$15,683,868,448