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%19%
1 years$1,651,581$1,636,870$1,622,517$1,608,508$1,594,828$1,537,020
2 years$817,615$802,387$787,630$773,321$759,442$701,835
3 years$539,662$524,369$509,648$495,474$481,821$426,228
4 years$400,713$385,467$370,894$356,961$343,639$290,483
5 years$317,365$302,211$287,829$274,180$261,229$210,649
6 years$261,818$246,778$232,608$219,264$206,701$158,735
7 years$222,157$207,243$193,299$180,269$168,104$122,739
8 years$192,425$177,646$163,933$151,223$139,458$96,656
9 years$169,313$154,673$141,195$128,809$117,444$77,146
10 years$150,833$136,336$123,097$111,034$100,068$62,205
11 years$135,724$121,372$108,373$96,633$86,062$50,554
12 years$123,141$108,937$96,178$84,760$74,579$41,340
13 years$112,503$98,447$85,929$74,831$65,035$33,971
14 years$103,392$89,486$77,207$66,426$57,009$28,027
15 years$95,503$81,747$69,708$59,241$50,195$23,197
16 years$88,608$75,001$63,201$53,044$44,363$19,249
17 years$82,529$69,073$57,510$47,659$39,335$16,007
18 years$77,132$63,827$52,499$42,951$34,975$13,335
19 years$72,309$59,154$48,060$38,809$31,174$11,124
20 years$67,974$54,969$44,107$35,149$27,845$9,292
21 years$64,056$51,201$40,570$31,900$24,918$7,769
22 years$60,500$47,795$37,392$29,005$22,336$6,501
23 years$57,257$44,701$34,525$26,415$20,050$5,443
24 years$54,289$41,882$31,930$24,092$18,021$4,561
25 years$51,563$39,304$29,573$22,002$16,216$3,823
26 years$49,051$36,940$27,428$20,118$14,607$3,206
27 years$46,728$34,765$25,469$18,414$13,170$2,689
28 years$44,576$32,759$23,677$16,871$11,883$2,257
29 years$42,575$30,904$22,033$15,471$10,730$1,894
30 years$40,711$29,186$20,523$14,199$9,695$1,590
31 years$38,971$27,590$19,133$13,041$8,766$1,335
32 years$37,343$26,106$17,851$11,985$7,929$1,121
33 years$35,817$24,723$16,668$11,021$7,176$941
34 years$34,384$23,431$15,574$10,140$6,497$791
35 years$33,035$22,224$14,560$9,335$5,884$664
36 years$31,765$21,094$13,621$8,597$5,332$558
37 years$30,565$20,035$12,749$7,921$4,832$469
38 years$29,432$19,040$11,939$7,301$4,381$394
39 years$28,360$18,105$11,185$6,732$3,973$331
40 years$27,343$17,226$10,484$6,209$3,603$278
41 years$26,379$16,397$9,831$5,729$3,269$234
42 years$25,463$15,616$9,221$5,287$2,966$196
43 years$24,592$14,879$8,653$4,880$2,692$165
44 years$23,763$14,183$8,122$4,506$2,444$139
45 years$22,973$13,525$7,627$4,162$2,218$116
46 years$22,219$12,902$7,163$3,844$2,014$98
47 years$21,500$12,312$6,730$3,552$1,829$82
48 years$20,813$11,754$6,324$3,282$1,661$69
49 years$20,156$11,224$5,944$3,033$1,509$58
50 years$19,527$10,722$5,588$2,803$1,370$49

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 $4,818 every year, while hoping to spend $20,077 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: 76/8/16 Blend
29$20,000,000$20,000,000$20,000,000$20,000,000
30$22,044,970$20,984,970$20,674,970$23,642,543
31$24,272,195$21,991,872$21,346,219$25,705,672
32$26,725,924$23,047,439$22,039,283$27,963,965
33$29,429,240$24,154,034$22,754,870$30,439,302
34$32,407,577$25,314,137$23,493,714$33,153,312
35$35,688,967$26,530,347$24,256,570$36,129,816
36$39,304,297$27,805,389$25,044,220$39,395,040
37$43,287,604$29,142,122$25,857,471$42,977,866
38$47,676,398$30,543,545$26,697,155$46,910,097
39$52,512,014$32,012,801$27,564,132$51,226,757
40$57,839,999$33,553,189$28,459,291$55,966,419
41$63,710,550$35,168,166$29,383,548$61,171,564
42$70,178,979$36,861,359$30,337,850$66,888,979
43$77,306,242$38,636,572$31,323,174$73,170,195
44$85,159,509$40,497,795$32,340,531$80,071,972
45$93,812,802$42,449,210$33,390,962$87,656,828
46$103,347,693$44,495,206$34,475,544$95,993,626
47$113,854,071$46,640,384$35,595,388$105,158,221
48$125,430,994$48,889,571$36,751,641$115,234,171
49$138,187,623$51,247,827$37,945,489$126,313,522
50$152,244,252$53,720,463$39,178,155$138,497,669
51$167,733,445$56,313,044$40,450,902$151,898,314
52$184,801,284$59,031,411$41,765,035$166,638,510
53$203,608,752$61,881,687$43,121,900$182,853,819
54$224,333,250$64,870,296$44,522,890$200,693,588
55$247,170,274$68,003,972$45,969,439$220,322,351
56$272,335,258$71,289,783$47,463,031$241,921,377
57$300,065,609$74,735,137$49,005,198$265,690,374
58$330,622,949$78,347,807$50,597,520$291,849,370
59$364,295,583$82,135,943$52,241,630$320,640,780
60$401,401,222$86,108,094$53,939,214$352,331,689
61$442,289,983$90,273,226$55,692,013$387,216,368
62$487,347,690$94,640,743$57,501,825$425,619,040
63$536,999,524$99,220,509$59,370,506$467,896,936
64$591,714,030$104,022,868$61,299,972$514,443,656
65$652,007,542$109,058,670$63,292,202$565,692,881
66$718,449,061$114,339,295$65,349,241$622,122,452
67$791,665,623$119,876,678$67,473,198$684,258,875
68$872,348,219$125,683,338$69,666,253$752,682,279
69$961,258,320$131,772,404$71,930,655$828,031,887
70$1,059,235,065$138,157,648$74,268,728$911,012,034
71$1,167,203,182$144,853,513$76,682,871$1,002,398,806
72$1,286,181,721$151,875,149$79,175,561$1,103,047,361
73$1,417,293,670$159,238,445$81,749,356$1,213,899,980
74$1,561,776,563$166,960,068$84,406,898$1,335,994,957
75$1,720,994,158$175,057,496$87,150,914$1,470,476,385
76$1,896,449,313$183,549,065$89,984,221$1,618,604,943
77$2,089,798,177$192,454,003$92,909,727$1,781,769,784
78$2,302,865,823$201,792,481$95,930,435$1,961,501,632
79$2,537,663,479$211,585,654$99,049,446$2,159,487,218
80$2,796,407,513$221,855,711$102,269,962$2,377,585,188
81$3,081,540,363$232,625,925$105,595,289$2,617,843,632
82$3,395,753,592$243,920,706$109,028,843$2,882,519,401
83$3,742,013,297$255,765,660$112,574,148$3,174,099,393
84$4,123,588,117$268,187,640$116,234,845$3,495,324,015
85$4,544,080,086$281,214,816$120,014,694$3,849,213,027
86$5,007,458,644$294,876,732$123,917,576$4,239,094,038
87$5,518,098,111$309,204,377$127,947,500$4,668,633,890
88$6,080,818,982$324,230,255$132,108,605$5,141,873,258
89$6,700,933,440$339,988,459$136,405,165$5,663,264,768
90$7,384,295,507$356,514,750$140,841,594$6,237,715,014
91$8,137,356,310$373,846,634$145,422,449$6,870,630,844
92$8,967,224,990$392,023,455$150,152,437$7,567,970,385
93$9,881,735,812$411,086,478$155,036,417$8,336,299,260
94$10,889,522,135$431,078,985$160,079,407$9,182,852,541
95$12,000,097,915$452,046,378$165,286,589$10,115,603,024
96$13,223,947,527$474,036,275$170,663,315$11,143,336,463
97$14,572,624,748$497,098,626$176,215,109$12,275,734,485
98$16,058,861,834$521,285,820$181,947,677$13,523,465,948
99$17,696,689,728$546,652,812$187,866,911$14,898,287,635
100$19,501,570,523$573,257,243$193,978,895$16,413,155,201