Can I retire at age 30 with 19,300,000?

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 $19,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$1,593,776$1,579,579$1,565,729$1,552,210$1,539,009$1,526,114
2 years$788,998$774,304$760,063$746,255$732,861$719,865
3 years$520,774$506,016$491,811$478,133$464,957$452,262
4 years$386,688$371,975$357,912$344,468$331,612$319,316
5 years$306,257$291,633$277,755$264,584$252,086$240,225
6 years$252,655$238,140$224,467$211,590$199,467$188,057
7 years$214,382$199,990$186,533$173,960$162,220$151,265
8 years$185,691$171,428$158,195$145,931$134,577$124,077
9 years$163,387$149,259$136,253$124,301$113,333$103,286
10 years$145,554$131,565$118,789$107,148$96,566$86,964
11 years$130,973$117,124$104,580$93,251$83,050$73,887
12 years$118,831$105,124$92,812$81,794$71,969$63,237
13 years$108,565$95,002$82,921$72,212$62,759$54,447
14 years$99,774$86,354$74,505$64,101$55,014$47,113
15 years$92,161$78,886$67,268$57,167$48,438$40,937
16 years$85,506$72,376$60,988$51,187$42,810$35,696
17 years$79,641$66,656$55,497$45,991$37,958$31,219
18 years$74,433$61,593$50,662$41,447$33,751$27,374
19 years$69,778$57,084$46,378$37,451$30,083$24,056
20 years$65,595$53,045$42,564$33,919$26,871$21,181
21 years$61,814$49,409$39,150$30,784$24,046$18,680
22 years$58,382$46,122$36,083$27,990$21,554$16,498
23 years$55,253$43,137$33,316$25,491$19,348$14,590
24 years$52,389$40,416$30,812$23,249$17,390$12,916
25 years$49,758$37,929$28,538$21,232$15,649$11,446
26 years$47,334$35,647$26,468$19,414$14,096$10,151
27 years$45,093$33,548$24,578$17,770$12,709$9,010
28 years$43,015$31,612$22,848$16,281$11,467$8,003
29 years$41,085$29,822$21,262$14,930$10,355$7,112
30 years$39,286$28,164$19,805$13,702$9,356$6,324
31 years$37,607$26,624$18,463$12,584$8,459$5,625
32 years$36,036$25,192$17,227$11,565$7,652$5,006
33 years$34,563$23,857$16,085$10,635$6,925$4,457
34 years$33,180$22,611$15,029$9,785$6,269$3,969
35 years$31,879$21,446$14,051$9,008$5,678$3,535
36 years$30,653$20,356$13,144$8,296$5,145$3,150
37 years$29,496$19,333$12,303$7,644$4,663$2,807
38 years$28,402$18,374$11,521$7,045$4,228$2,503
39 years$27,367$17,471$10,794$6,496$3,834$2,231
40 years$26,386$16,623$10,117$5,992$3,477$1,989
41 years$25,456$15,823$9,487$5,528$3,155$1,774
42 years$24,572$15,070$8,899$5,102$2,863$1,583
43 years$23,731$14,358$8,350$4,710$2,598$1,412
44 years$22,931$13,686$7,838$4,349$2,358$1,259
45 years$22,169$13,051$7,360$4,016$2,141$1,124
46 years$21,442$12,450$6,912$3,710$1,944$1,003
47 years$20,748$11,881$6,494$3,427$1,765$895
48 years$20,085$11,342$6,103$3,167$1,603$798
49 years$19,450$10,831$5,736$2,927$1,456$712
50 years$18,844$10,347$5,393$2,705$1,322$636

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $19,300,000, adding $4,309 every year, while hoping to spend $46,392 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: 57/19/24 Blend
29$19,300,000$19,300,000$19,300,000$19,300,000
30$21,273,045$20,250,145$19,950,995$22,346,816
31$23,393,535$21,193,041$20,569,992$24,024,307
32$25,728,760$22,180,585$21,208,171$25,846,394
33$28,300,574$23,214,914$21,866,126$27,831,325
34$31,133,058$24,298,271$22,544,467$29,994,827
35$34,252,750$25,433,006$23,243,827$32,354,192
36$37,688,890$26,621,582$23,964,854$34,928,441
37$41,473,701$27,866,584$24,708,221$37,738,494
38$45,642,689$29,170,717$25,474,617$40,807,368
39$50,234,982$30,536,822$26,264,756$44,160,381
40$55,293,697$31,967,872$27,079,372$47,825,393
41$60,866,345$33,466,989$27,919,221$51,833,056
42$67,005,283$35,037,442$28,785,086$56,217,105
43$73,768,205$36,682,660$29,677,770$61,014,662
44$81,218,690$38,406,238$30,598,103$66,266,585
45$89,426,797$40,211,945$31,546,940$72,017,846
46$98,469,731$42,103,731$32,525,163$78,317,946
47$108,432,568$44,085,738$33,533,681$85,221,376
48$119,409,060$46,162,310$34,573,430$92,788,124
49$131,502,521$48,337,999$35,645,376$101,084,231
50$144,826,797$50,617,580$36,750,515$110,182,409
51$159,507,346$53,006,058$37,889,873$120,162,715
52$175,682,421$55,508,680$39,064,509$131,113,298
53$193,504,370$58,130,948$40,275,513$143,131,225
54$213,141,082$60,878,631$41,524,009$156,323,379
55$234,777,566$63,757,777$42,811,157$170,807,466
56$258,617,698$66,774,728$44,138,151$186,713,110
57$284,886,148$69,936,134$45,506,223$204,183,065
58$313,830,497$73,248,967$46,916,643$223,374,553
59$345,723,577$76,720,535$48,370,720$244,460,731
60$380,866,046$80,358,506$49,869,804$267,632,317
61$419,589,224$84,170,914$51,415,284$293,099,375
62$462,258,225$88,166,189$53,008,596$321,093,282
63$509,275,396$92,353,165$54,651,216$351,868,897
64$561,084,125$96,741,108$56,344,670$385,706,954
65$618,173,017$101,339,734$58,090,528$422,916,692
66$681,080,513$106,159,229$59,890,409$463,838,759
67$750,399,969$111,210,275$61,745,982$508,848,410
68$826,785,262$116,504,074$63,658,967$558,359,031
69$910,956,955$122,052,371$65,631,140$612,826,017
70$1,003,709,109$127,867,481$67,664,327$672,751,057
71$1,105,916,771$133,962,320$69,760,415$738,686,847
72$1,218,544,238$140,350,430$71,921,345$811,242,282
73$1,342,654,161$147,046,013$74,149,121$891,088,182
74$1,479,417,577$154,063,958$76,445,808$978,963,602
75$1,630,124,960$161,419,883$78,813,533$1,075,682,784
76$1,796,198,411$169,130,162$81,254,491$1,182,142,811
77$1,979,205,076$177,211,967$83,770,944$1,299,332,057
78$2,180,871,945$185,683,305$86,365,222$1,428,339,480
79$2,403,102,155$194,563,058$89,039,728$1,570,364,877
80$2,647,992,957$203,871,030$91,796,941$1,726,730,176
81$2,917,855,513$213,627,986$94,639,414$1,898,891,884
82$3,215,236,720$223,855,701$97,569,778$2,088,454,802
83$3,542,943,247$234,577,013$100,590,748$2,297,187,138
84$3,904,068,041$245,815,869$103,705,121$2,527,037,160
85$4,302,019,518$257,597,383$106,915,779$2,780,151,553
86$4,740,553,746$269,947,892$110,225,695$3,058,895,641
87$5,223,809,905$282,895,016$113,637,933$3,365,875,674
88$5,756,349,363$296,467,719$117,155,651$3,703,963,386
89$6,343,198,736$310,696,376$120,782,103$4,076,323,058
90$6,989,897,351$325,612,841$124,520,647$4,486,441,344
91$7,702,549,533$341,250,523$128,374,741$4,938,160,133
92$8,487,882,241$357,644,454$132,347,951$5,435,712,764
93$9,353,308,574$374,831,377$136,443,951$5,983,763,937
94$10,306,997,757$392,849,823$140,666,532$6,587,453,688
95$11,357,952,265$411,740,201$145,019,598$7,252,445,857
96$12,516,092,816$431,544,891$149,507,175$7,984,981,489
97$13,792,352,031$452,308,338$154,133,412$8,791,937,687
98$15,198,777,644$474,077,152$158,902,588$9,680,892,469
99$16,748,646,249$496,900,219$163,819,110$10,660,196,232
100$18,456,588,641$520,828,804$168,887,524$11,739,050,509