Can I retire at age 30 with 19,800,000?

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 $19,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$1,635,065$1,620,501$1,606,292$1,592,422$1,578,880$1,538,838
2 years$809,438$794,363$779,753$765,588$751,848$711,766
3 years$534,265$519,125$504,552$490,519$477,003$438,135
4 years$396,706$381,612$367,185$353,392$340,203$302,848
5 years$314,192$299,188$284,950$271,439$258,617$222,878
6 years$259,200$244,310$230,282$217,072$204,634$170,548
7 years$219,936$205,171$191,366$178,467$166,423$133,991
8 years$190,501$175,869$162,293$149,711$138,064$107,273
9 years$167,619$153,126$139,783$127,521$116,270$87,092
10 years$149,325$134,973$121,866$109,924$99,067$71,469
11 years$134,366$120,159$107,289$95,667$85,201$59,142
12 years$121,910$107,848$95,216$83,913$73,834$49,267
13 years$111,378$97,463$85,069$74,082$64,384$41,262
14 years$102,358$88,591$76,435$65,762$56,439$34,708
15 years$94,548$80,930$69,011$58,648$49,693$29,301
16 years$87,721$74,251$62,569$52,513$43,919$24,809
17 years$81,704$68,383$56,935$47,183$38,942$21,058
18 years$76,361$63,189$51,974$42,521$34,625$17,911
19 years$71,586$58,563$47,580$38,421$30,862$15,261
20 years$67,294$54,419$43,666$34,798$27,567$13,023
21 years$63,416$50,689$40,165$31,581$24,669$11,126
22 years$59,895$47,317$37,018$28,715$22,112$9,516
23 years$56,685$44,254$34,179$26,151$19,849$8,146
24 years$53,746$41,463$31,610$23,851$17,841$6,978
25 years$51,047$38,911$29,277$21,782$16,054$5,982
26 years$48,560$36,570$27,153$19,917$14,461$5,131
27 years$46,261$34,417$25,214$18,230$13,038$4,403
28 years$44,130$32,431$23,440$16,703$11,764$3,780
29 years$42,149$30,595$21,813$15,317$10,623$3,246
30 years$40,304$28,894$20,318$14,057$9,598$2,788
31 years$38,582$27,314$18,942$12,910$8,678$2,396
32 years$36,970$25,845$17,673$11,865$7,850$2,059
33 years$35,459$24,475$16,501$10,911$7,104$1,770
34 years$34,040$23,197$15,418$10,039$6,432$1,522
35 years$32,705$22,002$14,415$9,241$5,826$1,308
36 years$31,447$20,883$13,485$8,511$5,278$1,125
37 years$30,260$19,834$12,621$7,842$4,784$968
38 years$29,138$18,850$11,819$7,228$4,337$832
39 years$28,076$17,924$11,073$6,664$3,933$716
40 years$27,070$17,053$10,379$6,147$3,567$616
41 years$26,115$16,233$9,732$5,671$3,236$530
42 years$25,208$15,460$9,129$5,234$2,937$456
43 years$24,346$14,730$8,567$4,832$2,665$392
44 years$23,525$14,041$8,041$4,461$2,419$337
45 years$22,743$13,389$7,550$4,120$2,196$290
46 years$21,997$12,773$7,092$3,806$1,994$250
47 years$21,285$12,189$6,662$3,516$1,811$215
48 years$20,605$11,636$6,261$3,249$1,644$185
49 years$19,954$11,112$5,885$3,003$1,493$159
50 years$19,332$10,615$5,533$2,775$1,357$137

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $19,800,000, adding $6,829 every year, while hoping to spend $25,196 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: 62/28/10 Blend
29$19,800,000$19,800,000$19,800,000$19,800,000
30$21,826,644$20,777,244$20,470,344$23,130,573
31$24,026,153$21,768,521$21,129,292$24,995,344
32$26,449,168$22,807,525$21,809,471$27,026,386
33$29,118,460$23,896,570$22,511,564$29,242,658
34$32,059,120$25,038,080$23,236,279$31,662,090
35$35,298,801$26,234,597$23,984,345$34,304,398
36$38,867,974$27,488,787$24,756,516$37,191,261
37$42,800,216$28,803,446$25,553,568$40,346,522
38$47,132,529$30,181,506$26,376,304$43,796,407
39$51,905,690$31,626,042$27,225,552$47,569,765
40$57,164,630$33,140,279$28,102,168$51,698,330
41$62,958,866$34,727,596$29,007,035$56,217,018
42$69,342,962$36,391,540$29,941,062$61,164,246
43$76,377,049$38,135,830$30,905,192$66,582,286
44$84,127,387$39,964,365$31,900,396$72,517,657
45$92,666,996$41,881,234$32,927,674$79,021,553
46$102,076,341$43,890,726$33,988,063$86,150,318
47$112,444,095$45,997,339$35,082,630$93,965,968
48$123,867,973$48,205,789$36,212,478$102,536,765
49$136,455,655$50,521,021$37,378,746$111,937,852
50$150,325,806$52,948,225$38,582,607$122,251,950
51$165,609,189$55,492,839$39,825,276$133,570,125
52$182,449,907$58,160,569$41,108,003$145,992,639
53$201,006,759$60,957,399$42,432,083$159,629,880
54$221,454,739$63,889,602$43,798,848$174,603,394
55$243,986,689$66,963,759$45,209,676$191,047,013
56$268,815,121$70,186,773$46,665,990$209,108,107
57$296,174,220$73,565,881$48,169,257$228,948,959
58$326,322,055$77,108,674$49,720,991$250,748,279
59$359,543,018$80,823,112$51,322,758$274,702,874
60$396,150,507$84,717,546$52,976,172$301,029,489
61$436,489,884$88,800,731$54,682,899$329,966,835
62$480,941,736$93,081,851$56,444,660$361,777,820
63$529,925,469$97,570,537$58,263,232$396,752,009
64$583,903,264$102,276,891$60,140,447$435,208,341
65$643,384,444$107,211,505$62,078,200$477,498,113
66$708,930,280$112,385,493$64,078,443$524,008,273
67$781,159,292$117,810,505$66,143,193$575,165,050
68$860,753,083$123,498,763$68,274,534$631,437,949
69$948,462,781$129,463,086$70,474,614$693,344,156
70$1,045,116,124$135,716,916$72,745,653$761,453,393
71$1,151,625,277$142,274,354$75,089,941$836,393,267
72$1,268,995,445$149,150,186$77,509,843$918,855,161
73$1,398,334,357$156,359,922$80,007,800$1,009,600,729
74$1,540,862,732$163,919,829$82,586,332$1,109,469,052
75$1,697,925,797$171,846,966$85,248,040$1,219,384,524
76$1,871,005,988$180,159,228$87,995,610$1,340,365,539
77$2,061,736,950$188,875,382$90,831,813$1,473,534,065
78$2,271,918,953$198,015,109$93,759,513$1,620,126,198
79$2,503,535,893$207,599,056$96,781,663$1,781,503,783
80$2,758,774,018$217,648,874$99,901,313$1,959,167,229
81$3,040,042,572$228,187,273$103,121,612$2,154,769,623
82$3,349,996,538$239,238,073$106,445,809$2,370,132,286
83$3,691,561,701$250,826,255$109,877,260$2,607,261,919
84$4,067,962,274$262,978,021$113,419,428$2,868,369,487
85$4,482,751,336$275,720,854$117,075,889$3,155,891,037
86$4,939,844,376$289,083,579$120,850,334$3,472,510,636
87$5,443,556,256$303,096,428$124,746,574$3,821,185,644
88$5,998,641,951$317,791,111$128,768,542$4,205,174,573
89$6,610,341,441$333,200,886$132,920,299$4,628,067,773
90$7,284,429,177$349,360,638$137,206,037$5,093,821,260
91$8,027,268,598$366,306,954$141,630,085$5,606,793,986
92$8,845,872,211$384,078,211$146,196,908$6,171,788,910
93$9,747,967,792$402,714,659$150,911,120$6,794,098,255
94$10,742,071,345$422,258,516$155,777,482$7,479,553,392
95$11,837,567,503$442,754,063$160,800,908$8,234,579,788
96$13,044,798,122$464,247,747$165,986,472$9,066,257,583
97$14,375,159,925$486,788,280$171,339,413$9,982,388,322
98$15,841,212,092$510,426,761$176,865,138$10,991,568,508
99$17,456,794,835$535,216,781$182,569,229$12,103,270,645
100$19,237,160,059$561,214,555$188,457,450$13,327,932,553