Can I retire at age 30 with 20,000,000?

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 $20,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$1,651,581$1,636,870$1,622,517$1,608,508$1,594,828$1,530,947
2 years$817,615$802,387$787,630$773,321$759,442$695,885
3 years$539,662$524,369$509,648$495,474$481,821$420,590
4 years$400,713$385,467$370,894$356,961$343,639$285,199
5 years$317,365$302,211$287,829$274,180$261,229$205,728
6 years$261,818$246,778$232,608$219,264$206,701$154,175
7 years$222,157$207,243$193,299$180,269$168,104$118,532
8 years$192,425$177,646$163,933$151,223$139,458$92,790
9 years$169,313$154,673$141,195$128,809$117,444$73,607
10 years$150,833$136,336$123,097$111,034$100,068$58,976
11 years$135,724$121,372$108,373$96,633$86,062$47,618
12 years$123,141$108,937$96,178$84,760$74,579$38,679
13 years$112,503$98,447$85,929$74,831$65,035$31,568
14 years$103,392$89,486$77,207$66,426$57,009$25,862
15 years$95,503$81,747$69,708$59,241$50,195$21,253
16 years$88,608$75,001$63,201$53,044$44,363$17,508
17 years$82,529$69,073$57,510$47,659$39,335$14,452
18 years$77,132$63,827$52,499$42,951$34,975$11,950
19 years$72,309$59,154$48,060$38,809$31,174$9,894
20 years$67,974$54,969$44,107$35,149$27,845$8,201
21 years$64,056$51,201$40,570$31,900$24,918$6,803
22 years$60,500$47,795$37,392$29,005$22,336$5,649
23 years$57,257$44,701$34,525$26,415$20,050$4,693
24 years$54,289$41,882$31,930$24,092$18,021$3,901
25 years$51,563$39,304$29,573$22,002$16,216$3,244
26 years$49,051$36,940$27,428$20,118$14,607$2,698
27 years$46,728$34,765$25,469$18,414$13,170$2,245
28 years$44,576$32,759$23,677$16,871$11,883$1,869
29 years$42,575$30,904$22,033$15,471$10,730$1,556
30 years$40,711$29,186$20,523$14,199$9,695$1,295
31 years$38,971$27,590$19,133$13,041$8,766$1,079
32 years$37,343$26,106$17,851$11,985$7,929$898
33 years$35,817$24,723$16,668$11,021$7,176$748
34 years$34,384$23,431$15,574$10,140$6,497$623
35 years$33,035$22,224$14,560$9,335$5,884$519
36 years$31,765$21,094$13,621$8,597$5,332$433
37 years$30,565$20,035$12,749$7,921$4,832$360
38 years$29,432$19,040$11,939$7,301$4,381$300
39 years$28,360$18,105$11,185$6,732$3,973$250
40 years$27,343$17,226$10,484$6,209$3,603$208
41 years$26,379$16,397$9,831$5,729$3,269$174
42 years$25,463$15,616$9,221$5,287$2,966$145
43 years$24,592$14,879$8,653$4,880$2,692$121
44 years$23,763$14,183$8,122$4,506$2,444$100
45 years$22,973$13,525$7,627$4,162$2,218$84
46 years$22,219$12,902$7,163$3,844$2,014$70
47 years$21,500$12,312$6,730$3,552$1,829$58
48 years$20,813$11,754$6,324$3,282$1,661$48
49 years$20,156$11,224$5,944$3,033$1,509$40
50 years$19,527$10,722$5,588$2,803$1,370$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $20,000,000, adding $3,214 every year, while hoping to spend $46,365 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: 69/19/12 Blend
29$20,000,000$20,000,000$20,000,000$20,000,000
30$22,043,315$20,983,315$20,673,315$23,507,108
31$24,242,401$21,962,166$21,316,539$25,458,523
32$26,664,240$22,987,426$21,979,757$27,586,768
33$29,331,504$24,061,321$22,663,590$29,913,883
34$32,269,175$25,186,183$23,368,678$32,459,409
35$35,504,783$26,364,459$24,095,681$35,244,849
36$39,068,664$27,598,710$24,845,280$38,293,864
37$42,994,246$28,891,625$25,618,175$41,632,495
38$47,318,366$30,246,022$26,415,091$45,289,404
39$52,081,615$31,664,853$27,236,772$49,296,137
40$57,328,725$33,151,215$28,083,988$53,687,420
41$63,108,985$34,708,354$28,957,532$58,501,476
42$69,476,712$36,339,675$29,858,220$63,780,388
43$76,491,762$38,048,744$30,786,896$69,570,484
44$84,220,092$39,839,303$31,744,428$75,922,770
45$92,734,387$41,715,274$32,731,711$82,893,406
46$102,114,741$43,680,769$33,749,670$90,544,230
47$112,449,416$45,740,098$34,799,255$98,943,332
48$123,835,676$47,897,782$35,881,450$108,165,692
49$136,380,701$50,158,560$36,997,265$118,293,878
50$150,202,604$52,527,401$38,147,744$129,418,819
51$165,431,539$55,009,513$39,333,963$141,640,656
52$182,210,936$57,610,359$40,557,031$155,069,676
53$200,698,851$60,335,666$41,818,091$169,827,343
54$221,069,459$63,191,439$43,118,322$186,047,442
55$243,514,697$66,183,973$44,458,940$203,877,324
56$268,246,079$69,319,871$45,841,197$223,479,289
57$295,496,688$72,606,053$47,266,386$245,032,110
58$325,523,378$76,049,777$48,735,838$268,732,706
59$358,609,200$79,658,654$50,250,926$294,797,991
60$395,066,073$83,440,663$51,813,067$323,466,907
61$435,237,728$87,404,171$53,423,720$355,002,669
62$479,502,951$91,557,950$55,084,389$389,695,235
63$528,279,162$95,911,200$56,796,626$427,864,029
64$582,026,355$100,473,566$58,562,031$469,860,941
65$641,251,436$105,255,165$60,382,253$516,073,635
66$706,513,016$110,266,601$62,258,992$566,929,191
67$778,426,676$115,518,996$64,194,000$622,898,119
68$857,670,782$121,024,013$66,189,085$684,498,786
69$944,992,893$126,793,880$68,246,109$752,302,286
70$1,041,216,808$132,841,421$70,366,995$826,937,817
71$1,147,250,355$139,180,082$72,553,721$909,098,598
72$1,264,093,950$145,823,965$74,808,329$999,548,389
73$1,392,850,049$152,787,856$77,132,925$1,099,128,686
74$1,534,733,554$160,087,262$79,529,678$1,208,766,633
75$1,691,083,280$167,738,441$82,000,826$1,329,483,760
76$1,863,374,596$175,758,445$84,548,674$1,462,405,591
77$2,053,233,351$184,165,155$87,175,601$1,608,772,249
78$2,262,451,227$192,977,323$89,884,059$1,769,950,136
79$2,493,002,652$202,214,611$92,676,574$1,947,444,798
80$2,747,063,436$211,897,640$95,555,752$2,142,915,114
81$3,027,031,316$222,048,034$98,524,280$2,358,188,917
82$3,335,548,594$232,688,472$101,584,927$2,595,280,226
83$3,675,527,077$243,842,733$104,740,549$2,856,408,213
84$4,050,175,570$255,535,758$107,994,088$3,144,018,128
85$4,463,030,169$267,793,701$111,348,580$3,460,804,335
86$4,917,987,642$280,643,988$114,807,154$3,809,735,715
87$5,419,342,221$294,115,383$118,373,033$4,194,083,651
88$5,971,826,143$308,238,052$122,049,545$4,617,452,864
89$6,580,654,322$323,043,629$125,840,117$5,083,815,403
90$7,251,573,585$338,565,289$129,748,284$5,597,548,092
91$7,990,916,928$354,837,826$133,777,688$6,163,473,799
92$8,805,663,301$371,897,725$137,932,087$6,786,906,920
93$9,703,503,498$389,783,255$142,215,353$7,473,703,487
94$10,692,912,766$408,534,545$146,631,478$8,230,316,404
95$11,783,230,814$428,193,684$151,184,579$9,063,856,297
96$12,984,749,993$448,804,810$155,878,898$9,982,158,591
97$14,308,812,462$470,414,216$160,718,810$10,993,857,404
98$15,767,917,269$493,070,448$165,708,826$12,108,466,999
99$17,375,838,352$516,824,422$170,853,594$13,336,471,531
100$19,147,754,583$541,729,537$176,157,908$14,689,423,946