Can I retire at age 30 with 18,400,000?

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 $18,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$1,519,455$1,505,920$1,492,716$1,479,827$1,467,242$1,412,376
2 years$752,205$738,196$724,619$711,455$698,687$644,038
3 years$496,489$482,419$468,877$455,836$443,275$390,564
4 years$368,656$354,629$341,222$328,404$316,148$265,775
5 years$291,976$278,034$264,802$252,246$240,331$192,426
6 years$240,873$227,035$214,000$201,723$190,165$144,764
7 years$204,385$190,664$177,835$165,848$154,655$111,744
8 years$177,031$163,434$150,818$139,126$128,302$87,841
9 years$155,768$142,299$129,899$118,504$108,048$69,982
10 years$138,767$125,430$113,249$102,152$92,063$56,321
11 years$124,866$111,663$99,703$88,903$79,177$45,683
12 years$113,290$100,222$88,484$77,980$68,613$37,282
13 years$103,503$90,572$79,054$68,844$59,832$30,574
14 years$95,121$82,327$71,031$61,112$52,448$25,171
15 years$87,863$75,207$64,131$54,501$46,180$20,788
16 years$81,519$69,001$58,144$48,800$40,814$17,213
17 years$75,927$63,548$52,909$43,846$36,188$14,282
18 years$70,962$58,721$48,299$39,514$32,177$11,871
19 years$66,524$54,422$44,216$35,705$28,680$9,881
20 years$62,536$50,571$40,579$32,337$25,617$8,234
21 years$58,932$47,105$37,325$29,348$22,925$6,869
22 years$55,660$43,971$34,400$26,684$20,549$5,734
23 years$52,677$41,125$31,763$24,302$18,446$4,790
24 years$49,946$38,532$29,375$22,165$16,580$4,004
25 years$47,438$36,160$27,207$20,242$14,919$3,348
26 years$45,127$33,985$25,233$18,508$13,439$2,801
27 years$42,990$31,984$23,431$16,941$12,116$2,344
28 years$41,010$30,138$21,783$15,522$10,932$1,962
29 years$39,169$28,432$20,270$14,234$9,872$1,643
30 years$37,454$26,851$18,881$13,063$8,920$1,376
31 years$35,854$25,383$17,602$11,997$8,064$1,152
32 years$34,356$24,017$16,423$11,026$7,295$965
33 years$32,952$22,745$15,335$10,139$6,602$808
34 years$31,633$21,557$14,328$9,329$5,977$677
35 years$30,392$20,446$13,395$8,588$5,414$568
36 years$29,223$19,407$12,531$7,909$4,905$476
37 years$28,120$18,432$11,729$7,287$4,446$399
38 years$27,078$17,517$10,984$6,717$4,030$334
39 years$26,091$16,657$10,290$6,193$3,655$280
40 years$25,156$15,848$9,645$5,712$3,315$235
41 years$24,269$15,085$9,044$5,270$3,008$197
42 years$23,426$14,367$8,484$4,864$2,729$165
43 years$22,625$13,689$7,961$4,490$2,477$138
44 years$21,862$13,048$7,473$4,146$2,248$116
45 years$21,135$12,443$7,017$3,829$2,041$97
46 years$20,442$11,870$6,590$3,537$1,853$81
47 years$19,780$11,327$6,191$3,267$1,683$68
48 years$19,148$10,813$5,818$3,019$1,528$57
49 years$18,543$10,326$5,469$2,790$1,388$48
50 years$17,965$9,864$5,141$2,579$1,261$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $18,400,000, adding $4,772 every year, while hoping to spend $48,273 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: 67/14/19 Blend
29$18,400,000$18,400,000$18,400,000$18,400,000
30$20,281,722$19,306,522$19,021,322$21,544,883
31$22,299,096$20,201,180$19,607,175$23,285,412
32$24,520,624$21,138,058$20,211,035$25,181,954
33$26,967,078$22,119,174$20,833,456$27,254,713
34$29,661,350$23,146,643$21,475,006$29,521,015
35$32,628,662$24,222,682$22,136,273$31,999,921
36$35,896,808$25,349,616$22,817,860$34,712,415
37$39,496,415$26,529,880$23,520,392$37,681,589
38$43,461,234$27,766,029$24,244,509$40,932,865
39$47,828,454$29,060,738$24,990,874$44,494,223
40$52,639,057$30,416,815$25,760,169$48,396,469
41$57,938,202$31,837,201$26,553,097$52,673,515
42$63,775,655$33,324,979$27,370,381$57,362,701
43$70,206,251$34,883,383$28,212,769$62,505,136
44$77,290,421$36,515,802$29,081,029$68,146,086
45$85,094,756$38,225,787$29,975,955$74,335,397
46$93,692,634$40,017,064$30,898,363$81,127,954
47$103,164,920$41,893,538$31,849,095$88,584,201
48$113,600,722$43,859,301$32,829,020$96,770,702
49$125,098,234$45,918,645$33,839,031$105,760,765
50$137,765,666$48,076,070$34,880,049$115,635,126
51$151,722,258$50,336,292$35,953,026$126,482,706
52$167,099,415$52,704,257$37,058,939$138,401,443
53$184,041,938$55,185,149$38,198,796$151,499,211
54$202,709,398$57,784,403$39,373,638$165,894,828
55$223,277,637$60,507,719$40,584,535$181,719,175
56$245,940,431$63,361,072$41,832,592$199,116,418
57$270,911,316$66,350,726$43,118,945$218,245,364
58$298,425,609$69,483,250$44,444,768$239,280,949
59$328,742,621$72,765,529$45,811,268$262,415,885
60$362,148,112$76,204,785$47,219,690$287,862,464
61$398,956,987$79,808,586$48,671,317$315,854,557
62$439,516,265$83,584,872$50,167,471$346,649,806
63$484,208,358$87,541,964$51,709,514$380,532,053
64$533,454,679$91,688,589$53,298,852$417,814,001
65$587,719,622$96,033,897$54,936,930$458,840,160
66$647,514,946$100,587,480$56,625,239$503,990,082
67$713,404,602$105,359,398$58,365,316$553,681,936
68$786,010,062$110,360,199$60,158,745$608,376,438
69$866,016,182$115,600,942$62,007,156$668,581,191
70$954,177,668$121,093,224$63,912,232$734,855,458
71$1,051,326,203$126,849,204$65,875,704$807,815,430
72$1,158,378,294$132,881,634$67,899,359$888,140,025
73$1,276,343,929$139,203,883$69,985,036$976,577,282
74$1,406,336,106$145,829,969$72,134,631$1,073,951,404
75$1,549,581,346$152,774,595$74,350,098$1,181,170,523
76$1,707,431,267$160,053,174$76,633,450$1,299,235,253
77$1,881,375,348$167,681,871$78,986,763$1,429,248,117
78$2,073,054,987$175,677,637$81,412,173$1,572,423,936
79$2,284,278,999$184,058,244$83,911,884$1,730,101,271
80$2,517,040,691$192,842,332$86,488,166$1,903,755,047
81$2,773,536,681$202,049,446$89,143,359$2,095,010,442
82$3,056,187,633$211,700,079$91,879,872$2,305,658,216
83$3,367,661,114$221,815,726$94,700,190$2,537,671,583
84$3,710,896,774$232,418,922$97,606,873$2,793,224,819
85$4,089,134,099$243,533,304$100,602,558$3,074,713,754
86$4,505,942,996$255,183,655$103,689,962$3,384,778,368
87$4,965,257,493$267,395,965$106,871,887$3,726,327,679
88$5,471,412,881$280,197,490$110,151,218$4,102,567,175
89$6,029,186,640$293,616,813$113,530,929$4,517,029,044
90$6,643,843,546$307,683,906$117,014,085$4,973,605,484
91$7,321,185,373$322,430,202$120,603,842$5,476,585,415
92$8,067,605,664$337,888,665$124,303,454$6,030,694,926
93$8,890,150,096$354,093,864$128,116,273$6,641,141,856
94$9,796,582,992$371,082,050$132,045,755$7,313,664,921
95$10,795,460,628$388,891,240$136,095,458$8,054,587,844
96$11,896,212,007$407,561,306$140,269,051$8,870,879,011
97$13,109,227,880$427,134,058$144,570,312$9,770,217,213
98$14,445,958,843$447,653,346$149,003,137$10,761,064,088
99$15,919,023,440$469,165,155$153,571,537$11,852,743,955
100$17,542,327,295$491,717,712$158,279,648$13,055,531,787