Can I retire at age 30 with 18,300,000?

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 $18,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$1,511,197$1,497,736$1,484,603$1,471,784$1,459,268$1,411,990
2 years$748,117$734,184$720,681$707,589$694,889$647,702
3 years$493,791$479,798$466,328$453,359$440,866$395,250
4 years$366,652$352,702$339,368$326,620$314,430$270,733
5 years$290,389$276,523$263,363$250,875$239,024$197,365
6 years$239,564$225,802$212,837$200,627$189,132$149,544
7 years$203,274$189,628$176,868$164,946$153,815$116,294
8 years$176,069$162,546$149,998$138,369$127,604$92,124
9 years$154,921$141,526$129,193$117,860$107,461$73,981
10 years$138,012$124,748$112,634$101,597$91,562$60,030
11 years$124,187$111,056$99,161$88,419$78,747$49,104
12 years$112,674$99,678$88,003$77,556$68,240$40,422
13 years$102,940$90,079$78,625$68,470$59,507$33,445
14 years$94,604$81,880$70,645$60,780$52,163$27,785
15 years$87,386$74,799$63,783$54,205$45,929$23,161
16 years$81,076$68,626$57,828$48,535$40,592$19,359
17 years$75,514$63,202$52,621$43,608$35,992$16,217
18 years$70,576$58,402$48,037$39,300$32,002$13,611
19 years$66,163$54,126$43,975$35,511$28,524$11,441
20 years$62,196$50,297$40,358$32,162$25,478$9,630
21 years$58,611$46,849$37,122$29,189$22,800$8,114
22 years$55,357$43,732$34,214$26,539$20,437$6,843
23 years$52,390$40,902$31,590$24,170$18,346$5,775
24 years$49,675$38,322$29,216$22,044$16,489$4,877
25 years$47,180$35,964$27,059$20,132$14,838$4,121
26 years$44,881$33,800$25,096$18,408$13,365$3,484
27 years$42,756$31,810$23,304$16,849$12,050$2,946
28 years$40,787$29,974$21,664$15,437$10,873$2,493
29 years$38,956$28,277$20,160$14,156$9,818$2,109
30 years$37,251$26,705$18,779$12,992$8,871$1,785
31 years$35,659$25,245$17,507$11,932$8,020$1,511
32 years$34,169$23,887$16,334$10,966$7,255$1,280
33 years$32,773$22,621$15,251$10,084$6,566$1,084
34 years$31,461$21,440$14,250$9,278$5,945$918
35 years$30,227$20,335$13,323$8,541$5,384$777
36 years$29,065$19,301$12,463$7,866$4,878$658
37 years$27,967$18,332$11,665$7,248$4,421$558
38 years$26,930$17,422$10,924$6,680$4,008$472
39 years$25,949$16,566$10,235$6,160$3,635$400
40 years$25,019$15,761$9,593$5,681$3,297$339
41 years$24,137$15,003$8,995$5,242$2,991$287
42 years$23,299$14,289$8,438$4,838$2,714$243
43 years$22,502$13,614$7,918$4,466$2,463$206
44 years$21,743$12,977$7,432$4,123$2,236$175
45 years$21,020$12,375$6,978$3,808$2,030$148
46 years$20,331$11,805$6,554$3,517$1,843$126
47 years$19,673$11,266$6,158$3,250$1,674$106
48 years$19,044$10,755$5,786$3,003$1,520$90
49 years$18,443$10,270$5,439$2,775$1,380$76
50 years$17,867$9,810$5,113$2,565$1,254$65

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $18,300,000, adding $5,335 every year, while hoping to spend $52,380 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: 60/15/25 Blend
29$18,300,000$18,300,000$18,300,000$18,300,000
30$20,172,103$19,202,203$18,918,553$21,246,919
31$22,173,926$20,087,379$19,496,593$22,863,868
32$24,378,179$21,014,173$20,092,241$24,621,187
33$26,805,454$21,984,569$20,706,033$26,537,521
34$29,478,445$23,000,647$21,338,519$28,628,344
35$32,422,153$24,064,586$21,990,266$30,910,679
36$35,664,132$25,178,670$22,661,860$33,403,252
37$39,234,743$26,345,295$23,353,902$36,126,673
38$43,167,442$27,566,969$24,067,012$39,103,616
39$47,499,095$28,846,324$24,801,831$42,359,038
40$52,270,326$30,186,118$25,559,016$45,920,404
41$57,525,903$31,589,241$26,339,246$49,817,943
42$63,315,154$33,058,723$27,143,220$54,084,929
43$69,692,440$34,597,740$27,971,658$58,757,993
44$76,717,661$36,209,622$28,825,301$63,877,455
45$84,456,828$37,897,859$29,704,914$69,487,708
46$92,982,680$39,666,109$30,611,284$75,637,627
47$102,375,373$41,518,208$31,545,222$82,381,025
48$112,723,237$43,458,177$32,507,563$89,777,154
49$124,123,609$45,490,229$33,499,168$97,891,258
50$136,683,751$47,618,785$34,520,924$106,795,184
51$150,521,863$49,848,474$35,573,744$116,568,051
52$165,768,198$52,184,154$36,658,570$127,296,990
53$182,566,292$54,630,916$37,776,370$139,077,958
54$201,074,318$57,194,095$38,928,142$152,016,638
55$221,466,581$59,879,287$40,114,917$166,229,425
56$243,935,158$62,692,359$41,337,753$181,844,520
57$268,691,719$65,639,458$42,597,742$199,003,127
58$295,969,516$68,727,034$43,896,009$217,860,779
59$326,025,593$71,961,845$45,233,711$238,588,795
60$359,143,206$75,350,979$46,612,043$261,375,890
61$395,634,501$78,901,864$48,032,234$286,429,939
62$435,843,456$82,622,291$49,495,550$313,979,936
63$480,149,133$86,520,428$51,003,295$344,278,139
64$528,969,253$90,604,837$52,556,814$377,602,438
65$582,764,140$94,884,497$54,157,490$414,258,973
66$642,041,065$99,368,821$55,806,750$454,584,999
67$707,359,040$104,067,679$57,506,062$498,952,069
68$779,334,086$108,991,419$59,256,938$547,769,515
69$858,645,055$114,150,892$61,060,939$601,488,305
70$946,040,039$119,557,474$62,919,669$660,605,283
71$1,042,343,427$125,223,094$64,834,782$725,667,838
72$1,148,463,691$131,160,259$66,807,981$797,279,061
73$1,265,401,960$137,382,085$68,841,021$876,103,417
74$1,394,261,474$143,902,321$70,935,709$962,872,999
75$1,536,257,997$150,735,387$73,093,908$1,058,394,420
76$1,692,731,293$157,896,402$75,317,535$1,163,556,408
77$1,865,157,778$165,401,219$77,608,565$1,279,338,172
78$2,055,164,453$173,266,460$79,969,033$1,406,818,630
79$2,264,544,267$181,509,556$82,401,036$1,547,186,563
80$2,495,273,042$190,148,785$84,906,731$1,701,751,819
81$2,749,528,129$199,203,311$87,488,342$1,871,957,653
82$3,029,708,957$208,693,233$90,148,161$2,059,394,324
83$3,338,459,692$218,639,623$92,888,546$2,265,814,078
84$3,678,694,195$229,064,579$95,711,927$2,493,147,667
85$4,053,623,534$239,991,273$98,620,807$2,743,522,541
86$4,466,786,294$251,444,006$101,617,764$3,019,282,906
87$4,922,081,991$263,448,257$104,705,454$3,323,011,815
88$5,423,807,879$276,030,746$107,886,611$3,657,555,525
89$5,976,699,524$289,219,494$111,164,053$4,026,050,330
90$6,585,975,508$303,043,882$114,540,682$4,431,952,131
91$7,257,386,701$317,534,723$118,019,486$4,879,069,023
92$7,997,270,548$332,724,329$121,603,543$5,371,597,206
93$8,812,610,906$348,646,582$125,296,023$5,914,160,557
94$9,711,103,971$365,337,018$129,100,193$6,511,854,238
95$10,701,230,942$382,832,897$133,019,415$7,170,292,750
96$11,792,338,086$401,173,297$137,057,153$7,895,662,889
97$12,994,724,979$420,399,197$141,216,976$8,694,782,106
98$14,319,741,739$440,553,571$145,502,558$9,575,162,812
99$15,779,896,186$461,681,485$149,917,683$10,545,083,246
100$17,388,971,922$483,830,202$154,466,250$11,613,665,572