Can I retire at age 30 with 18,500,000?

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 $18,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,454,372
2 years$756,293$742,208$728,557$715,322$702,484$681,524
3 years$499,187$485,041$471,425$458,314$445,685$425,260
4 years$370,659$356,557$343,077$330,189$317,866$298,135
5 years$293,563$279,545$266,242$253,617$241,637$222,656
6 years$242,182$228,269$215,163$202,820$191,199$172,991
7 years$205,496$191,700$178,801$166,749$155,496$138,068
8 years$177,994$164,322$151,638$139,882$128,999$112,348
9 years$156,614$143,072$130,605$119,148$108,636$92,754
10 years$139,521$126,111$113,865$102,707$92,563$77,438
11 years$125,544$112,269$100,245$89,386$79,607$65,225
12 years$113,906$100,767$88,965$78,403$68,986$55,330
13 years$104,065$91,064$79,484$69,218$60,157$47,208
14 years$95,638$82,775$71,417$61,444$52,733$40,471
15 years$88,341$75,616$64,480$54,798$46,431$34,834
16 years$81,962$69,376$58,460$49,065$41,036$30,082
17 years$76,340$63,893$53,197$44,085$36,385$26,052
18 years$71,347$59,040$48,562$39,729$32,352$22,617
19 years$66,886$54,718$44,456$35,899$28,836$19,674
20 years$62,876$50,846$40,799$32,513$25,757$17,145
21 years$59,252$47,361$37,528$29,508$23,049$14,964
22 years$55,962$44,210$34,587$26,829$20,660$13,077
23 years$52,963$41,349$31,935$24,434$18,546$11,441
24 years$50,218$38,741$29,535$22,285$16,670$10,019
25 years$47,696$36,357$27,355$20,352$15,000$8,782
26 years$45,372$34,169$25,371$18,609$13,512$7,703
27 years$43,224$32,157$23,559$17,033$12,182$6,761
28 years$41,232$30,302$21,901$15,606$10,992$5,938
29 years$39,382$28,586$20,381$14,311$9,925$5,218
30 years$37,658$26,997$18,984$13,134$8,968$4,587
31 years$36,048$25,521$17,698$12,063$8,108$4,033
32 years$34,543$24,148$16,513$11,086$7,334$3,548
33 years$33,131$22,868$15,418$10,194$6,638$3,122
34 years$31,805$21,674$14,406$9,380$6,010$2,748
35 years$30,558$20,557$13,468$8,635$5,443$2,419
36 years$29,382$19,512$12,599$7,952$4,932$2,130
37 years$28,273$18,532$11,793$7,327$4,470$1,876
38 years$27,225$17,612$11,043$6,753$4,052$1,653
39 years$26,233$16,747$10,346$6,227$3,675$1,456
40 years$25,292$15,934$9,698$5,743$3,333$1,283
41 years$24,400$15,167$9,093$5,299$3,024$1,130
42 years$23,553$14,445$8,530$4,890$2,744$996
43 years$22,748$13,763$8,004$4,514$2,490$878
44 years$21,981$13,119$7,513$4,168$2,260$774
45 years$21,250$12,510$7,055$3,850$2,052$682
46 years$20,553$11,934$6,626$3,556$1,863$601
47 years$19,888$11,389$6,225$3,285$1,692$530
48 years$19,252$10,872$5,850$3,036$1,536$467
49 years$18,644$10,382$5,498$2,805$1,395$412
50 years$18,062$9,918$5,169$2,593$1,267$363

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $18,500,000, adding $5,639 every year, while hoping to spend $29,589 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: 60/26/14 Blend
29$18,500,000$18,500,000$18,500,000$18,500,000
30$20,392,817$19,412,317$19,125,567$21,545,066
31$22,441,401$20,332,038$19,734,791$23,241,517
32$24,697,950$21,295,833$20,363,432$25,087,449
33$27,183,644$22,305,832$21,012,110$27,100,394
34$29,921,824$23,364,266$21,681,463$29,296,487
35$32,938,209$24,473,474$22,372,152$31,693,468
36$36,261,143$25,635,911$23,084,855$34,310,844
37$39,921,858$26,854,149$23,820,277$37,170,071
38$43,954,772$28,130,887$24,579,140$40,294,744
39$48,397,810$29,468,952$25,362,193$43,710,822
40$53,292,768$30,871,312$26,170,208$47,446,859
41$58,685,700$32,341,076$27,003,980$51,534,271
42$64,627,359$33,881,506$27,864,331$56,007,624
43$71,173,673$35,496,023$28,752,108$60,904,952
44$78,386,271$37,188,212$29,668,188$66,268,110
45$86,333,071$38,961,834$30,613,472$72,143,162
46$95,088,913$40,820,833$31,588,892$78,580,802
47$104,736,272$42,769,343$32,595,410$85,636,829
48$115,366,032$44,811,702$33,634,017$93,372,664
49$127,078,348$46,952,456$34,705,737$101,855,916
50$139,983,588$49,196,374$35,811,627$111,161,014
51$154,203,373$51,548,456$36,952,777$121,369,897
52$169,871,733$54,013,947$38,130,311$132,572,777
53$187,136,364$56,598,344$39,345,390$144,868,978
54$206,160,025$59,307,414$40,599,212$158,367,865
55$227,122,075$62,147,206$41,893,014$173,189,856
56$250,220,168$65,124,059$43,228,070$189,467,555
57$275,672,112$68,244,625$44,605,697$207,346,982
58$303,717,933$71,515,878$46,027,254$226,988,940
59$334,622,137$74,945,131$47,494,142$248,570,518
60$368,676,206$78,540,053$49,007,807$272,286,747
61$406,201,353$82,308,690$50,569,742$298,352,420
62$447,551,550$86,259,475$52,181,488$327,004,108
63$493,116,874$90,401,255$53,844,633$358,502,374
64$543,327,185$94,743,306$55,560,819$393,134,208
65$598,656,189$99,295,358$57,331,736$431,215,723
66$659,625,903$104,067,615$59,159,133$473,095,113
67$726,811,593$109,070,775$61,044,812$519,155,923
68$800,847,194$114,316,062$62,990,631$569,820,640
69$882,431,302$119,815,243$64,998,512$625,554,665
70$972,333,767$125,580,662$67,070,434$686,870,675
71$1,071,402,959$131,625,262$69,208,441$754,333,438
72$1,180,573,779$137,962,618$71,414,642$828,565,121
73$1,300,876,486$144,606,969$73,691,215$910,251,126
74$1,433,446,422$151,573,244$76,040,404$1,000,146,540
75$1,579,534,727$158,877,103$78,464,528$1,099,083,225
76$1,740,520,158$166,534,970$80,965,979$1,207,977,638
77$1,917,922,099$174,564,068$83,547,223$1,327,839,453
78$2,113,414,907$182,982,462$86,210,810$1,459,781,050
79$2,328,843,722$191,809,097$88,959,366$1,605,027,982
80$2,566,241,882$201,063,842$91,795,605$1,764,930,505
81$2,827,850,121$210,767,538$94,722,325$1,940,976,282
82$3,116,137,724$220,942,038$97,742,414$2,134,804,384
83$3,433,825,841$231,610,267$100,858,854$2,348,220,716
84$3,783,913,170$242,796,263$104,074,719$2,583,215,021
85$4,169,704,275$254,525,242$107,393,184$2,841,979,614
86$4,594,840,780$266,823,648$110,817,524$3,126,930,022
87$5,063,335,749$279,719,216$114,351,121$3,440,727,738
88$5,579,611,572$293,241,034$117,997,460$3,786,305,285
89$6,148,541,721$307,419,613$121,760,143$4,166,893,844
90$6,775,496,751$322,286,949$125,642,883$4,586,053,692
91$7,466,395,014$337,876,604$129,649,514$5,047,707,752
92$8,227,758,524$354,223,776$133,783,991$5,556,178,551
93$9,066,774,536$371,365,383$138,050,397$6,116,228,963
94$9,991,363,397$389,340,145$142,452,943$6,733,107,092
95$11,010,253,324$408,188,673$146,995,977$7,412,595,742
96$12,133,062,806$427,953,561$151,683,985$8,161,066,922
97$13,370,391,409$448,679,483$156,521,596$8,985,541,922
98$14,733,919,851$470,413,295$161,513,588$9,893,757,503
99$16,236,520,272$493,204,143$166,664,889$10,894,238,841
100$17,892,377,764$517,103,570$171,980,588$11,996,379,916