Can I retire at age 30 with 18,900,000?

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 $18,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$1,560,744$1,546,842$1,533,278$1,520,040$1,507,113$1,498,871
2 years$772,646$758,256$744,310$730,788$717,673$709,357
3 years$509,981$495,529$481,618$468,223$455,321$447,188
4 years$378,674$364,266$350,494$337,328$324,739$316,851
5 years$299,910$285,589$271,998$259,101$246,861$239,243
6 years$247,418$233,205$219,815$207,205$195,333$187,993
7 years$209,939$195,845$182,667$170,354$158,858$151,800
8 years$181,842$167,875$154,916$142,906$131,788$125,013
9 years$160,000$146,166$133,429$121,724$110,985$104,490
10 years$142,537$128,838$116,327$104,928$94,564$88,348
11 years$128,259$114,697$102,412$91,318$81,329$75,386
12 years$116,368$102,946$90,888$80,099$70,478$64,804
13 years$106,315$93,033$81,203$70,715$61,458$56,047
14 years$97,706$84,564$72,961$62,773$53,874$48,720
15 years$90,251$77,251$65,874$55,982$47,435$42,532
16 years$83,734$70,876$59,724$50,126$41,923$37,263
17 years$77,990$65,274$54,347$45,038$37,172$32,749
18 years$72,890$60,317$49,612$40,588$33,051$28,857
19 years$68,332$55,901$45,417$36,675$29,459$25,487
20 years$64,235$51,946$41,681$33,216$26,314$22,554
21 years$60,533$48,385$38,339$30,146$23,548$19,994
22 years$57,172$45,166$35,335$27,409$21,107$17,752
23 years$54,108$42,243$32,626$24,962$18,947$15,781
24 years$51,303$39,579$30,173$22,767$17,030$14,046
25 years$48,727$37,143$27,947$20,792$15,324$12,515
26 years$46,353$34,908$25,919$19,011$13,804$11,160
27 years$44,158$32,853$24,068$17,402$12,445$9,961
28 years$42,124$30,957$22,374$15,944$11,230$8,896
29 years$40,233$29,204$20,821$14,621$10,140$7,951
30 years$38,472$27,580$19,394$13,418$9,162$7,110
31 years$36,828$26,073$18,081$12,323$8,283$6,361
32 years$35,289$24,670$16,870$11,326$7,493$5,693
33 years$33,847$23,363$15,751$10,415$6,781$5,098
34 years$32,493$22,143$14,717$9,582$6,140$4,566
35 years$31,218$21,002$13,759$8,821$5,561$4,091
36 years$30,018$19,934$12,872$8,124$5,038$3,667
37 years$28,884$18,933$12,048$7,485$4,566$3,288
38 years$27,813$17,993$11,282$6,899$4,140$2,948
39 years$26,800$17,109$10,570$6,362$3,754$2,644
40 years$25,839$16,278$9,907$5,868$3,405$2,372
41 years$24,928$15,495$9,290$5,414$3,089$2,128
42 years$24,062$14,757$8,714$4,996$2,803$1,909
43 years$23,239$14,061$8,177$4,612$2,544$1,714
44 years$22,456$13,403$7,676$4,258$2,309$1,538
45 years$21,709$12,781$7,207$3,933$2,096$1,381
46 years$20,997$12,192$6,769$3,633$1,903$1,239
47 years$20,318$11,635$6,360$3,356$1,728$1,113
48 years$19,668$11,107$5,976$3,101$1,570$999
49 years$19,047$10,607$5,617$2,866$1,426$897
50 years$18,453$10,132$5,281$2,649$1,295$806

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $18,900,000, adding $3,805 every year, while hoping to spend $38,670 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: 85/9/6 Blend
29$18,900,000$18,900,000$18,900,000$18,900,000
30$20,831,725$19,830,025$19,537,075$22,596,358
31$22,915,416$20,760,551$20,150,422$24,678,233
32$25,210,348$21,735,378$20,783,021$26,959,277
33$27,738,026$22,756,634$21,435,474$29,463,953
34$30,522,148$23,826,552$22,108,406$32,214,708
35$33,588,828$24,947,475$22,802,459$35,236,264
36$36,966,843$26,121,855$23,518,295$38,555,849
37$40,687,901$27,352,266$24,256,599$42,203,451
38$44,786,946$28,641,406$25,018,074$46,212,099
39$49,302,484$29,992,104$25,803,448$50,618,173
40$54,276,945$31,407,325$26,613,472$55,461,746
41$59,757,088$32,890,179$27,448,918$60,786,958
42$65,794,438$34,443,925$28,310,583$66,642,429
43$72,445,775$36,071,981$29,199,292$73,081,720
44$79,773,668$37,777,932$30,115,892$80,163,830
45$87,847,066$39,565,535$31,061,259$87,953,752
46$96,741,950$41,438,729$32,036,295$96,523,087
47$106,542,049$43,401,647$33,041,930$105,950,710
48$117,339,629$45,458,618$34,079,126$116,323,516
49$129,236,366$47,614,186$35,148,871$127,737,236
50$142,344,305$49,873,111$36,252,189$140,297,336
51$156,786,918$52,240,387$37,390,131$154,120,007
52$172,700,267$54,721,250$38,563,784$169,333,262
53$190,234,292$57,321,189$39,774,268$186,078,138
54$209,554,224$60,045,961$41,022,740$204,510,020
55$230,842,144$62,901,602$42,310,391$224,800,109
56$254,298,703$65,894,441$43,638,449$247,137,029
57$280,145,017$69,031,115$45,008,184$271,728,604
58$308,624,752$72,318,583$46,420,901$298,803,814
59$340,006,426$75,764,142$47,877,951$328,614,954
60$374,585,942$79,375,446$49,380,723$361,440,004
61$412,689,383$83,160,518$50,930,652$397,585,254
62$454,676,088$87,127,771$52,529,217$437,388,182
63$500,942,048$91,286,031$54,177,944$481,220,641
64$551,923,639$95,644,549$55,878,408$529,492,356
65$608,101,745$100,213,027$57,632,230$582,654,789
66$670,006,299$105,001,640$59,441,085$641,205,391
67$738,221,279$110,021,058$61,306,699$705,692,290
68$813,390,229$115,282,470$63,230,852$776,719,461
69$896,222,328$120,797,607$65,215,382$854,952,413
70$987,499,090$126,578,774$67,262,182$941,124,471
71$1,088,081,738$132,638,875$69,373,206$1,036,043,680
72$1,198,919,334$138,991,439$71,550,467$1,140,600,431
73$1,321,057,743$145,650,656$73,796,044$1,255,775,854
74$1,455,649,502$152,631,407$76,112,081$1,382,651,068
75$1,603,964,702$159,949,296$78,500,786$1,522,417,380
76$1,767,402,979$167,620,690$80,964,440$1,676,387,514
77$1,947,506,727$175,662,748$83,505,394$1,846,007,998
78$2,145,975,661$184,093,470$86,126,071$2,032,872,803
79$2,364,682,858$192,931,729$88,828,974$2,238,738,380
80$2,605,692,445$202,197,320$91,616,681$2,465,540,225
81$2,871,279,087$211,911,001$94,491,852$2,715,411,142
82$3,163,949,455$222,094,542$97,457,231$2,990,701,357
83$3,486,465,899$232,770,773$100,515,647$3,294,000,691
84$3,841,872,517$243,963,638$103,670,018$3,628,162,997
85$4,233,523,904$255,698,247$106,923,354$3,996,333,080
86$4,665,116,815$268,000,934$110,278,759$4,401,976,369
87$5,140,725,068$280,899,316$113,739,435$4,848,911,616
88$5,664,838,001$294,422,360$117,308,682$5,341,346,926
89$6,242,402,862$308,600,440$120,989,908$5,883,919,464
90$6,878,871,507$323,465,415$124,786,623$6,481,739,209
91$7,580,251,876$339,050,695$128,702,450$7,140,437,180
92$8,353,164,710$355,391,322$132,741,124$7,866,218,564
93$9,204,906,058$372,524,044$136,906,500$8,665,921,280
94$10,143,516,157$390,487,404$141,202,549$9,547,080,505
95$11,177,855,342$409,321,823$145,633,371$10,517,999,784
96$12,317,687,691$429,069,696$150,203,193$11,587,829,394
97$13,573,773,209$449,775,485$154,916,373$12,766,652,703
98$14,957,969,413$471,485,821$159,777,409$14,065,581,327
99$16,483,343,277$494,249,610$164,790,936$15,496,860,008
100$18,164,294,596$518,118,145$169,961,737$17,073,982,173