Can I retire at age 30 with 18,700,000?

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 $18,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$1,544,229$1,530,473$1,517,053$1,503,955$1,491,164$1,461,654
2 years$764,470$750,232$736,434$723,055$710,078$680,472
3 years$504,584$490,285$476,521$463,268$450,503$421,724
4 years$374,667$360,411$346,785$333,759$321,302$293,572
5 years$296,736$282,567$269,120$256,359$244,249$217,646
6 years$244,800$230,737$217,489$205,012$193,266$167,820
7 years$207,717$193,773$180,734$168,552$157,177$132,894
8 years$179,918$166,099$153,277$141,394$130,393$107,266
9 years$158,307$144,619$132,017$120,436$109,810$87,823
10 years$141,029$127,475$115,096$103,817$93,564$72,696
11 years$126,902$113,483$101,328$90,352$80,468$60,695
12 years$115,137$101,856$89,926$79,251$69,732$51,024
13 years$105,190$92,048$80,343$69,967$60,807$43,135
14 years$96,672$83,669$72,189$62,109$53,303$36,632
15 years$89,296$76,434$65,177$55,390$46,933$31,228
16 years$82,848$70,126$59,092$49,596$41,479$26,705
17 years$77,165$64,584$53,772$44,561$36,778$22,898
18 years$72,119$59,678$49,087$40,159$32,702$19,677
19 years$67,609$55,309$44,936$36,287$29,148$16,942
20 years$63,555$51,396$41,240$32,865$26,035$14,610
21 years$59,893$47,873$37,933$29,827$23,299$12,617
22 years$56,567$44,688$34,961$27,119$20,884$10,908
23 years$53,535$41,796$32,281$24,698$18,747$9,440
24 years$50,760$39,160$29,854$22,526$16,850$8,177
25 years$48,211$36,750$27,651$20,572$15,162$7,089
26 years$45,862$34,539$25,645$18,810$13,658$6,149
27 years$43,691$32,505$23,813$17,217$12,314$5,337
28 years$41,678$30,629$22,138$15,775$11,111$4,634
29 years$39,808$28,895$20,601$14,466$10,033$4,025
30 years$38,065$27,288$19,189$13,276$9,065$3,498
31 years$36,438$25,797$17,889$12,193$8,196$3,041
32 years$34,916$24,409$16,691$11,206$7,414$2,644
33 years$33,489$23,116$15,585$10,305$6,709$2,299
34 years$32,149$21,908$14,561$9,481$6,075$2,000
35 years$30,888$20,780$13,614$8,728$5,502$1,740
36 years$29,700$19,723$12,735$8,038$4,985$1,514
37 years$28,579$18,732$11,920$7,406$4,518$1,318
38 years$27,519$17,802$11,163$6,826$4,096$1,147
39 years$26,516$16,928$10,458$6,294$3,714$999
40 years$25,566$16,106$9,802$5,806$3,369$869
41 years$24,664$15,331$9,192$5,356$3,057$757
42 years$23,808$14,601$8,622$4,943$2,774$659
43 years$22,993$13,912$8,091$4,563$2,517$574
44 years$22,218$13,261$7,594$4,213$2,285$500
45 years$21,480$12,645$7,131$3,891$2,074$435
46 years$20,775$12,063$6,698$3,594$1,883$379
47 years$20,103$11,512$6,292$3,321$1,710$330
48 years$19,460$10,990$5,913$3,068$1,553$287
49 years$18,846$10,495$5,558$2,836$1,410$250
50 years$18,258$10,025$5,225$2,621$1,281$218

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $18,700,000, adding $2,092 every year, while hoping to spend $58,999 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: 58/24/18 Blend
29$18,700,000$18,700,000$18,700,000$18,700,000
30$20,609,558$19,618,458$19,328,608$21,707,483
31$22,648,958$20,516,988$19,913,342$23,350,975
32$24,894,400$21,457,568$20,515,687$25,135,178
33$27,366,837$22,442,198$21,136,171$27,078,937
34$30,089,359$23,472,970$21,775,337$29,197,637
35$33,087,408$24,552,080$22,433,745$31,508,198
36$36,389,020$25,681,827$23,111,971$34,029,223
37$40,025,086$26,864,624$23,810,609$36,781,178
38$44,029,650$28,102,995$24,530,269$39,786,569
39$48,440,222$29,399,590$25,271,581$43,070,156
40$53,298,139$30,757,183$26,035,193$46,659,180
41$58,648,949$32,178,685$26,821,772$50,583,609
42$64,542,845$33,667,144$27,632,004$54,876,421
43$71,035,137$35,225,756$28,466,598$59,573,904
44$78,186,773$36,857,871$29,326,282$64,715,993
45$86,064,918$38,567,000$30,211,806$70,346,640
46$94,743,581$40,356,824$31,123,943$76,514,220
47$104,304,318$42,231,201$32,063,487$83,271,980
48$114,837,003$44,194,174$33,031,259$90,678,533
49$126,440,672$46,249,983$34,028,100$98,798,405
50$139,224,459$48,403,071$35,054,880$107,702,629
51$153,308,628$50,658,095$36,112,492$117,469,413
52$168,825,705$53,019,939$37,201,858$128,184,864
53$185,921,731$55,493,720$38,323,925$139,943,789
54$204,757,640$58,084,805$39,479,668$152,850,584
55$225,510,776$60,798,817$40,670,094$167,020,204
56$248,376,569$63,641,653$41,896,237$182,579,236
57$273,570,380$66,619,495$43,159,161$199,667,086
58$301,329,531$69,738,822$44,459,965$218,437,276
59$331,915,546$73,006,428$45,799,777$239,058,883
60$365,616,623$76,429,434$47,179,761$261,718,120
61$402,750,349$80,015,307$48,601,113$286,620,080
62$443,666,701$83,771,873$50,065,067$313,990,654
63$488,751,350$87,707,340$51,572,892$344,078,650
64$538,429,298$91,830,309$53,125,894$377,158,121
65$593,168,893$96,149,802$54,725,418$413,530,939
66$653,486,252$100,675,274$56,372,851$453,529,624
67$719,950,126$105,416,638$58,069,618$497,520,460
68$793,187,276$110,384,291$59,817,188$545,906,938
69$873,888,386$115,589,129$61,617,071$599,133,541
70$962,814,583$121,042,578$63,470,825$657,689,917
71$1,060,804,624$126,756,618$65,380,051$722,115,482
72$1,168,782,812$132,743,809$67,346,399$793,004,482
73$1,287,767,724$139,017,320$69,371,568$871,011,582
74$1,418,881,821$145,590,959$71,457,306$956,858,018
75$1,563,362,053$152,479,202$73,605,412$1,051,338,376
76$1,722,571,529$159,697,229$75,817,739$1,155,328,070
77$1,898,012,388$167,260,956$78,096,196$1,269,791,569
78$2,091,339,979$175,187,070$80,442,746$1,395,791,473
79$2,304,378,489$183,493,069$82,859,411$1,534,498,511
80$2,539,138,165$192,197,300$85,348,271$1,687,202,560
81$2,797,834,290$201,318,999$87,911,470$1,855,324,782
82$3,082,908,097$210,878,339$90,551,214$2,040,431,004
83$3,397,049,815$220,896,470$93,269,772$2,244,246,463
84$3,743,224,069$231,395,570$96,069,482$2,468,672,046
85$4,124,697,865$242,398,894$98,952,750$2,715,802,196
86$4,545,071,433$253,930,826$101,922,054$2,987,944,636
87$5,008,312,219$266,016,936$104,979,942$3,287,642,113
88$5,518,792,335$278,684,036$108,129,040$3,617,696,344
89$6,081,329,839$291,960,240$111,372,049$3,981,194,420
90$6,701,234,221$305,875,029$114,711,750$4,381,537,896
91$7,384,356,524$320,459,319$118,151,007$4,822,474,842
92$8,137,144,590$335,745,525$121,692,766$5,308,135,169
93$8,966,703,925$351,767,643$125,340,060$5,843,069,557
94$9,880,864,785$368,561,317$129,096,012$6,432,292,349
95$10,888,256,101$386,163,930$132,963,836$7,081,328,821
96$11,998,386,939$404,614,678$136,946,840$7,796,267,273
97$13,221,736,276$423,954,667$141,048,429$8,583,816,432
98$14,569,851,933$444,227,002$145,272,109$9,451,368,708
99$16,055,459,592$465,476,887$149,621,486$10,407,069,900
100$17,692,582,939$487,751,723$154,100,274$11,459,896,014