Can I retire at age 30 with 6,500,000?

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 $6,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$536,764$531,983$527,318$522,765$518,319$501,126
2 years$265,725$260,776$255,980$251,329$246,819$229,664
3 years$175,390$170,420$165,636$161,029$156,592$140,014
4 years$130,232$125,277$120,540$116,012$111,683$95,808
5 years$103,144$98,218$93,544$89,109$84,899$69,771
6 years$85,091$80,203$75,598$71,261$67,178$52,807
7 years$72,201$67,354$62,822$58,588$54,634$41,019
8 years$62,538$57,735$53,278$49,148$45,324$32,456
9 years$55,027$50,269$45,888$41,863$38,169$26,032
10 years$49,021$44,309$40,007$36,086$32,522$21,097
11 years$44,110$39,446$35,221$31,406$27,970$17,234
12 years$40,021$35,405$31,258$27,547$24,238$14,168
13 years$36,563$31,995$27,927$24,320$21,136$11,707
14 years$33,602$29,083$25,092$21,589$18,528$9,712
15 years$31,039$26,568$22,655$19,253$16,313$8,084
16 years$28,797$24,375$20,540$17,239$14,418$6,747
17 years$26,822$22,449$18,691$15,489$12,784$5,644
18 years$25,068$20,744$17,062$13,959$11,367$4,730
19 years$23,500$19,225$15,620$12,613$10,132$3,970
20 years$22,091$17,865$14,335$11,424$9,050$3,336
21 years$20,818$16,640$13,185$10,368$8,098$2,807
22 years$19,662$15,533$12,152$9,427$7,259$2,363
23 years$18,609$14,528$11,221$8,585$6,516$1,992
24 years$17,644$13,612$10,377$7,830$5,857$1,679
25 years$16,758$12,774$9,611$7,151$5,270$1,417
26 years$15,941$12,005$8,914$6,538$4,747$1,196
27 years$15,187$11,299$8,277$5,985$4,280$1,010
28 years$14,487$10,647$7,695$5,483$3,862$853
29 years$13,837$10,044$7,161$5,028$3,487$720
30 years$13,231$9,485$6,670$4,615$3,151$609
31 years$12,666$8,967$6,218$4,238$2,849$514
32 years$12,137$8,484$5,802$3,895$2,577$435
33 years$11,641$8,035$5,417$3,582$2,332$368
34 years$11,175$7,615$5,061$3,296$2,111$311
35 years$10,736$7,223$4,732$3,034$1,912$263
36 years$10,324$6,856$4,427$2,794$1,733$222
37 years$9,934$6,511$4,143$2,574$1,570$188
38 years$9,565$6,188$3,880$2,373$1,424$159
39 years$9,217$5,884$3,635$2,188$1,291$134
40 years$8,887$5,598$3,407$2,018$1,171$114
41 years$8,573$5,329$3,195$1,862$1,062$96
42 years$8,275$5,075$2,997$1,718$964$81
43 years$7,992$4,836$2,812$1,586$875$69
44 years$7,723$4,609$2,640$1,465$794$58
45 years$7,466$4,395$2,479$1,353$721$49
46 years$7,221$4,193$2,328$1,249$655$42
47 years$6,988$4,002$2,187$1,154$594$35
48 years$6,764$3,820$2,055$1,067$540$30
49 years$6,551$3,648$1,932$986$490$25
50 years$6,346$3,485$1,816$911$445$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $6,500,000, adding $2,222 every year, while hoping to spend $39,565 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: 69/14/17 Blend
29$6,500,000$6,500,000$6,500,000$6,500,000
30$7,165,292$6,820,792$6,720,042$7,630,534
31$7,854,055$7,112,914$6,903,067$8,232,994
32$8,611,746$7,418,024$7,090,896$8,887,046
33$9,445,353$7,736,716$7,283,651$9,601,687
34$10,362,577$8,069,614$7,481,451$10,382,885
35$11,371,903$8,417,368$7,684,423$11,237,210
36$12,482,679$8,780,661$7,892,693$12,171,891
37$13,705,206$9,160,206$8,106,392$13,194,890
38$15,050,833$9,556,753$8,325,652$14,314,970
39$16,532,066$9,971,082$8,550,610$15,541,779
40$18,162,686$10,404,014$8,781,404$16,885,941
41$19,957,876$10,856,407$9,018,177$18,359,151
42$21,934,367$11,329,158$9,261,074$19,974,290
43$24,110,595$11,823,210$9,510,242$21,745,539
44$26,506,875$12,339,546$9,765,834$23,688,516
45$29,145,590$12,879,198$10,028,004$25,820,422
46$32,051,407$13,443,245$10,296,909$28,160,199
47$35,251,506$14,032,820$10,572,711$30,728,707
48$38,775,838$14,649,106$10,855,574$33,548,924
49$42,657,404$15,293,343$11,145,667$36,646,156
50$46,932,573$15,966,830$11,443,160$40,048,278
51$51,641,418$16,670,928$11,748,229$43,785,991
52$56,828,100$17,407,060$12,061,052$47,893,114
53$62,541,280$18,176,720$12,381,811$52,406,901
54$68,834,581$18,981,470$12,710,692$57,368,387
55$75,767,092$19,822,946$13,047,884$62,822,777
56$83,403,928$20,702,863$13,393,581$68,819,868
57$91,816,842$21,623,017$13,747,980$75,414,518
58$101,084,904$22,585,288$14,111,280$82,667,162
59$111,295,244$23,591,647$14,483,688$90,644,378
60$122,543,879$24,644,157$14,865,412$99,419,516
61$134,936,614$25,744,981$15,256,663$109,073,383
62$148,590,047$26,896,383$15,657,659$119,695,006
63$163,632,661$28,100,736$16,068,620$131,382,472
64$180,206,045$29,360,524$16,489,771$144,243,845
65$198,466,223$30,678,352$16,921,340$158,398,186
66$218,585,134$32,056,946$17,363,561$173,976,675
67$240,752,247$33,499,166$17,816,670$191,123,844
68$265,176,355$35,008,004$18,280,907$209,998,935
69$292,087,545$36,586,598$18,756,520$230,777,407
70$321,739,367$38,238,234$19,243,756$253,652,582
71$354,411,231$39,966,356$19,742,869$278,837,465
72$390,411,039$41,774,570$20,254,118$306,566,758
73$430,078,098$43,666,657$20,777,765$337,099,063
74$473,786,320$45,646,579$21,314,075$370,719,323
75$521,947,748$47,718,485$21,863,320$407,741,507
76$575,016,451$49,886,723$22,425,774$448,511,565
77$633,492,807$52,155,851$23,001,716$493,410,696
78$697,928,230$54,530,644$23,591,430$542,858,933
79$768,930,369$57,016,105$24,195,202$597,319,106
80$847,168,850$59,617,478$24,813,325$657,301,209
81$933,381,596$62,340,257$25,446,094$723,367,200
82$1,028,381,789$65,190,200$26,093,809$796,136,309
83$1,133,065,553$68,173,342$26,756,773$876,290,867
84$1,248,420,409$71,296,005$27,435,294$964,582,751
85$1,375,534,598$74,564,817$28,129,684$1,061,840,466
86$1,515,607,357$77,986,723$28,840,258$1,168,976,963
87$1,669,960,237$81,569,001$29,567,336$1,286,998,249
88$1,840,049,579$85,319,281$30,311,240$1,417,012,874
89$2,027,480,267$89,245,556$31,072,297$1,560,242,391
90$2,234,020,872$93,356,206$31,850,837$1,718,032,876
91$2,461,620,353$97,660,013$32,647,193$1,891,867,628
92$2,712,426,457$102,166,181$33,461,701$2,083,381,161
93$2,988,805,989$106,884,357$34,294,702$2,294,374,625
94$3,293,367,162$111,824,653$35,146,537$2,526,832,797
95$3,628,984,219$116,997,667$36,017,552$2,782,942,812
96$3,998,824,563$122,414,507$36,908,094$3,065,114,795
97$4,406,378,668$128,086,817$37,818,514$3,376,004,602
98$4,855,493,022$134,026,801$38,749,164$3,718,538,883
99$5,350,406,447$140,247,251$39,700,399$4,095,942,694
100$5,895,790,116$146,761,578$40,672,573$4,511,769,935