Can I retire at age 30 with 19,700,000?

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 $19,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$1,626,808$1,612,317$1,598,179$1,584,380$1,570,906$1,542,977
2 years$805,350$790,351$775,815$761,721$748,050$720,008
3 years$531,567$516,503$502,004$488,042$474,594$447,311
4 years$394,702$379,685$365,330$351,607$338,484$312,172
5 years$312,605$297,677$283,511$270,068$257,310$232,043
6 years$257,891$243,076$229,119$215,975$203,601$179,407
7 years$218,825$204,135$190,399$177,565$165,582$142,469
8 years$189,539$174,981$161,474$148,955$137,366$115,328
9 years$166,773$152,353$139,077$126,877$115,682$94,707
10 years$148,571$134,291$121,251$109,369$98,567$78,635
11 years$133,688$119,552$106,747$95,184$84,771$65,861
12 years$121,294$107,303$94,735$83,489$73,461$55,546
13 years$110,815$96,971$84,640$73,708$64,059$47,113
14 years$101,841$88,144$76,049$65,430$56,154$40,146
15 years$94,071$80,521$68,662$58,352$49,442$34,342
16 years$87,278$73,876$62,253$52,248$43,697$29,472
17 years$81,291$68,037$56,647$46,944$38,745$25,361
18 years$75,975$62,870$51,712$42,306$34,450$21,873
19 years$71,225$58,267$47,339$38,227$30,706$18,902
20 years$66,954$54,144$43,446$34,622$27,427$16,362
21 years$63,095$50,433$39,962$31,422$24,544$14,183
22 years$59,592$47,078$36,831$28,570$22,001$12,310
23 years$56,398$44,031$34,007$26,019$19,749$10,695
24 years$53,475$41,254$31,451$23,731$17,751$9,301
25 years$50,790$38,715$29,130$21,672$15,973$8,094
26 years$48,315$36,386$27,016$19,816$14,388$7,049
27 years$46,027$34,243$25,087$18,138$12,972$6,143
28 years$43,907$32,267$23,322$16,618$11,705$5,356
29 years$41,936$30,440$21,703$15,239$10,569$4,671
30 years$40,101$28,748$20,215$13,986$9,550$4,076
31 years$38,387$27,176$18,846$12,845$8,634$3,558
32 years$36,783$25,714$17,584$11,805$7,810$3,107
33 years$35,280$24,352$16,418$10,856$7,068$2,713
34 years$33,868$23,080$15,340$9,988$6,399$2,370
35 years$32,540$21,891$14,342$9,195$5,796$2,071
36 years$31,288$20,778$13,416$8,468$5,252$1,810
37 years$30,107$19,734$12,558$7,802$4,760$1,582
38 years$28,991$18,754$11,760$7,191$4,315$1,382
39 years$27,934$17,834$11,017$6,631$3,913$1,209
40 years$26,933$16,967$10,327$6,116$3,549$1,057
41 years$25,983$16,151$9,683$5,643$3,220$924
42 years$25,081$15,382$9,083$5,208$2,922$808
43 years$24,223$14,656$8,523$4,807$2,652$706
44 years$23,406$13,970$8,001$4,439$2,407$618
45 years$22,628$13,322$7,512$4,099$2,185$540
46 years$21,886$12,708$7,056$3,787$1,984$473
47 years$21,178$12,128$6,629$3,498$1,802$413
48 years$20,501$11,577$6,229$3,233$1,636$362
49 years$19,854$11,056$5,855$2,987$1,486$316
50 years$19,234$10,561$5,505$2,761$1,350$277

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $19,700,000, adding $3,849 every year, while hoping to spend $44,838 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: 65/18/17 Blend
29$19,700,000$19,700,000$19,700,000$19,700,000
30$21,713,370$20,669,270$20,363,920$23,033,577
31$23,880,427$21,634,357$20,998,404$24,883,719
32$26,267,020$22,645,231$21,652,641$26,899,177
33$28,895,496$23,704,087$22,327,244$29,100,537
34$31,790,478$24,813,228$23,022,848$31,505,983
35$34,979,098$25,975,068$23,740,105$34,135,522
36$38,491,256$27,192,136$24,479,688$37,011,167
37$42,359,900$28,467,086$25,242,293$40,157,140
38$46,621,335$29,802,699$26,028,635$43,600,099
39$51,315,569$31,201,889$26,839,453$47,369,382
40$56,486,689$32,667,714$27,675,507$51,497,278
41$62,183,277$34,203,378$28,537,582$56,019,331
42$68,458,868$35,812,239$29,426,487$60,974,664
43$75,372,455$37,497,822$30,343,057$66,406,345
44$82,989,047$39,263,817$31,288,152$72,361,790
45$91,380,283$41,114,097$32,262,658$78,893,200
46$100,625,106$43,052,721$33,267,490$86,058,049
47$110,810,507$45,083,945$34,303,592$93,919,619
48$122,032,350$47,212,231$35,371,934$102,547,590
49$134,396,276$49,442,256$36,473,520$112,018,692
50$148,018,696$51,778,926$37,609,382$122,417,419
51$163,027,894$54,227,384$38,780,587$133,836,819
52$179,565,235$56,793,022$39,988,233$146,379,364
53$197,786,503$59,481,494$41,233,453$160,157,907
54$217,863,367$62,298,728$42,517,414$175,296,741
55$239,985,004$65,250,940$43,841,322$191,932,758
56$264,359,885$68,344,646$45,206,417$210,216,735
57$291,217,741$71,586,682$46,613,979$230,314,744
58$320,811,733$74,984,211$48,065,329$252,409,708
59$353,420,839$78,544,747$49,561,827$276,703,119
60$389,352,493$82,276,168$51,104,877$303,416,925
61$428,945,482$86,186,735$52,695,925$332,795,614
62$472,573,145$90,285,109$54,336,462$365,108,507
63$520,646,899$94,580,373$56,028,027$400,652,286
64$573,620,123$99,082,050$57,772,206$439,753,783
65$631,992,432$103,800,128$59,570,632$482,773,049
66$696,314,404$108,745,078$61,424,992$530,106,733
67$767,192,768$113,927,881$63,337,023$582,191,815
68$845,296,134$119,360,051$65,308,518$639,509,712
69$931,361,310$125,053,664$67,341,323$702,590,802
70$1,026,200,250$131,021,380$69,437,344$772,019,414
71$1,130,707,725$137,276,477$71,598,545$848,439,325
72$1,245,869,767$143,832,878$73,826,949$932,559,814
73$1,372,772,977$150,705,183$76,124,646$1,025,162,339
74$1,512,614,786$157,908,702$78,493,787$1,127,107,888
75$1,666,714,757$165,459,491$80,936,592$1,239,345,087
76$1,836,527,042$173,374,387$83,455,348$1,362,919,126
77$2,023,654,114$181,671,045$86,052,415$1,498,981,604
78$2,229,861,888$190,367,981$88,730,225$1,648,801,372
79$2,457,096,399$199,484,610$91,491,287$1,813,776,481
80$2,707,502,171$209,041,296$94,338,184$1,995,447,352
81$2,983,442,463$219,059,390$97,273,584$2,195,511,290
82$3,287,521,579$229,561,285$100,300,234$2,415,838,469
83$3,622,609,457$240,570,465$103,420,969$2,658,489,557
84$3,991,868,760$252,111,556$106,638,709$2,925,735,135
85$4,398,784,736$264,210,384$109,956,468$3,220,077,091
86$4,847,198,120$276,894,034$113,377,351$3,544,272,205
87$5,341,341,395$290,190,908$116,904,559$3,901,358,130
88$5,885,878,750$304,130,796$120,541,395$4,294,682,031
89$6,485,950,112$318,744,934$124,291,261$4,727,932,133
90$7,147,219,672$334,066,085$128,157,667$5,205,172,501
91$7,875,929,361$350,128,605$132,144,231$5,730,881,353
92$8,678,957,777$366,968,528$136,254,684$6,309,993,288
93$9,563,885,125$384,623,641$140,492,871$6,947,945,819
94$10,539,064,783$403,133,574$144,862,757$7,650,730,652
95$11,613,702,162$422,539,891$149,368,431$8,424,950,189
96$12,797,941,616$442,886,179$154,014,107$9,277,879,802
97$14,102,962,213$464,218,153$158,804,131$10,217,536,453
98$15,541,083,272$486,583,756$163,742,983$11,252,754,313
99$17,125,880,675$510,033,270$168,835,282$12,393,268,092
100$18,872,315,031$534,619,427$174,085,792$13,649,804,869