Can I retire at age 30 with 20,000,000?

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 $20,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$1,651,581$1,636,870$1,622,517$1,608,508$1,594,828$1,546,254
2 years$817,615$802,387$787,630$773,321$759,442$710,921
3 years$539,662$524,369$509,648$495,474$481,821$434,875
4 years$400,713$385,467$370,894$356,961$343,639$298,628
5 years$317,365$302,211$287,829$274,180$261,229$218,275
6 years$261,818$246,778$232,608$219,264$206,701$165,842
7 years$222,157$207,243$193,299$180,269$168,104$129,336
8 years$192,425$177,646$163,933$151,223$139,458$102,758
9 years$169,313$154,673$141,195$128,809$117,444$82,772
10 years$150,833$136,336$123,097$111,034$100,068$67,375
11 years$135,724$121,372$108,373$96,633$86,062$55,290
12 years$123,141$108,937$96,178$84,760$74,579$45,666
13 years$112,503$98,447$85,929$74,831$65,035$37,912
14 years$103,392$89,486$77,207$66,426$57,009$31,606
15 years$95,503$81,747$69,708$59,241$50,195$26,438
16 years$88,608$75,001$63,201$53,044$44,363$22,178
17 years$82,529$69,073$57,510$47,659$39,335$18,647
18 years$77,132$63,827$52,499$42,951$34,975$15,709
19 years$72,309$59,154$48,060$38,809$31,174$13,255
20 years$67,974$54,969$44,107$35,149$27,845$11,199
21 years$64,056$51,201$40,570$31,900$24,918$9,473
22 years$60,500$47,795$37,392$29,005$22,336$8,020
23 years$57,257$44,701$34,525$26,415$20,050$6,795
24 years$54,289$41,882$31,930$24,092$18,021$5,762
25 years$51,563$39,304$29,573$22,002$16,216$4,888
26 years$49,051$36,940$27,428$20,118$14,607$4,149
27 years$46,728$34,765$25,469$18,414$13,170$3,523
28 years$44,576$32,759$23,677$16,871$11,883$2,993
29 years$42,575$30,904$22,033$15,471$10,730$2,543
30 years$40,711$29,186$20,523$14,199$9,695$2,161
31 years$38,971$27,590$19,133$13,041$8,766$1,837
32 years$37,343$26,106$17,851$11,985$7,929$1,562
33 years$35,817$24,723$16,668$11,021$7,176$1,328
34 years$34,384$23,431$15,574$10,140$6,497$1,129
35 years$33,035$22,224$14,560$9,335$5,884$961
36 years$31,765$21,094$13,621$8,597$5,332$817
37 years$30,565$20,035$12,749$7,921$4,832$695
38 years$29,432$19,040$11,939$7,301$4,381$591
39 years$28,360$18,105$11,185$6,732$3,973$503
40 years$27,343$17,226$10,484$6,209$3,603$428
41 years$26,379$16,397$9,831$5,729$3,269$364
42 years$25,463$15,616$9,221$5,287$2,966$310
43 years$24,592$14,879$8,653$4,880$2,692$264
44 years$23,763$14,183$8,122$4,506$2,444$224
45 years$22,973$13,525$7,627$4,162$2,218$191
46 years$22,219$12,902$7,163$3,844$2,014$162
47 years$21,500$12,312$6,730$3,552$1,829$138
48 years$20,813$11,754$6,324$3,282$1,661$118
49 years$20,156$11,224$5,944$3,033$1,509$100
50 years$19,527$10,722$5,588$2,803$1,370$85

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $20,000,000, adding $2,745 every year, while hoping to spend $30,165 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: 45/40/15 Blend
29$20,000,000$20,000,000$20,000,000$20,000,000
30$22,042,831$20,982,831$20,672,831$22,940,042
31$24,259,105$21,978,895$21,333,276$24,561,889
32$26,700,427$23,022,754$22,014,834$26,316,274
33$29,389,722$24,116,720$22,718,182$28,218,033
34$32,352,248$25,263,215$23,444,016$30,280,818
35$35,615,843$26,464,778$24,193,057$32,519,608
36$39,211,180$27,724,073$24,966,045$34,950,850
37$43,172,061$29,043,893$25,763,748$37,592,594
38$47,535,734$30,427,166$26,586,956$40,464,665
39$52,343,245$31,876,964$27,436,486$43,588,832
40$57,639,827$33,396,506$28,313,179$46,989,007
41$63,475,324$34,989,169$29,217,904$50,691,461
42$69,904,663$36,658,494$30,151,560$54,725,056
43$76,988,372$38,408,194$31,115,071$59,121,510
44$84,793,153$40,242,162$32,109,392$63,915,682
45$93,392,508$42,164,481$33,135,511$69,145,888
46$102,867,437$44,179,434$34,194,443$74,854,250
47$113,307,198$46,291,510$35,287,240$81,087,079
48$124,810,155$48,505,416$36,414,985$87,895,297
49$137,484,701$50,826,091$37,578,797$95,334,900
50$151,450,283$53,258,712$38,779,830$103,467,474
51$166,838,532$55,808,710$40,019,274$112,360,759
52$183,794,503$58,481,777$41,298,360$122,089,267
53$202,478,043$61,283,885$42,618,357$132,734,969
54$223,065,305$64,221,297$43,980,573$144,388,048
55$245,750,404$67,300,578$45,386,360$157,147,733
56$270,747,255$70,528,616$46,837,112$171,123,209
57$298,291,589$73,912,633$48,334,270$186,434,630
58$328,643,181$77,460,202$49,879,318$203,214,225
59$362,088,300$81,179,266$51,473,790$221,607,526
60$398,942,411$85,078,155$53,119,267$241,774,714
61$439,553,157$89,165,604$54,817,382$263,892,102
62$484,303,636$93,450,775$56,569,820$288,153,775
63$533,616,018$97,943,275$58,378,322$314,773,388
64$587,955,537$102,653,180$60,244,680$343,986,156
65$647,834,873$107,591,057$62,170,748$376,051,039
66$713,818,999$112,767,988$64,158,437$411,253,153
67$786,530,512$118,195,595$66,209,720$449,906,428
68$866,655,513$123,886,067$68,326,634$492,356,530
69$954,950,078$129,852,187$70,511,279$538,984,088
70$1,052,247,403$136,107,362$72,765,824$590,208,245
71$1,159,465,667$142,665,651$75,092,508$646,490,574
72$1,277,616,698$149,541,801$77,493,640$708,339,384
73$1,407,815,528$156,751,277$79,971,604$776,314,481
74$1,551,290,920$164,310,297$82,528,861$851,032,394
75$1,709,396,965$172,235,873$85,167,949$933,172,149
76$1,883,625,870$180,545,845$87,891,490$1,023,481,623
77$2,075,622,041$189,258,924$90,702,187$1,122,784,548
78$2,287,197,611$198,394,733$93,602,832$1,231,988,228
79$2,520,349,546$207,973,854$96,596,305$1,352,092,041
80$2,777,278,498$218,017,871$99,685,580$1,484,196,809
81$3,060,409,583$228,549,424$102,873,725$1,629,515,122
82$3,372,415,271$239,592,257$106,163,905$1,789,382,712
83$3,716,240,623$251,171,272$109,559,390$1,965,270,990
84$4,095,131,089$263,312,586$113,063,552$2,158,800,858
85$4,512,663,151$276,043,594$116,679,872$2,371,757,927
86$4,972,778,087$289,393,025$120,411,942$2,606,109,290
87$5,479,819,180$303,391,011$124,263,471$2,864,021,999
88$6,038,572,723$318,069,158$128,238,284$3,147,883,432
89$6,654,313,206$333,460,611$132,340,331$3,460,323,728
90$7,332,853,108$349,600,137$136,573,688$3,804,240,518
91$8,080,597,780$366,524,197$140,942,560$4,182,826,165
92$8,904,605,907$384,271,037$145,451,291$4,599,597,794
93$9,812,656,159$402,880,768$150,104,358$5,058,430,372
94$10,813,320,622$422,395,459$154,906,388$5,563,593,165
95$11,916,045,725$442,859,237$159,862,152$6,119,789,916
96$13,131,241,431$464,318,381$164,976,576$6,732,203,105
97$14,470,379,508$486,821,433$170,254,743$7,406,542,742
98$15,946,101,840$510,419,306$175,701,899$8,149,100,111
99$17,572,339,774$535,165,398$181,323,459$8,966,807,015
100$19,364,445,647$561,115,719$187,125,011$9,867,301,045