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%15.9%
1 years$536,764$531,983$527,318$522,765$518,319$505,789
2 years$265,725$260,776$255,980$251,329$246,819$234,270
3 years$175,390$170,420$165,636$161,029$156,592$144,417
4 years$130,232$125,277$120,540$116,012$111,683$99,975
5 years$103,144$98,218$93,544$89,109$84,899$73,692
6 years$85,091$80,203$75,598$71,261$67,178$56,482
7 years$72,201$67,354$62,822$58,588$54,634$44,451
8 years$62,538$57,735$53,278$49,148$45,324$35,649
9 years$55,027$50,269$45,888$41,863$38,169$28,995
10 years$49,021$44,309$40,007$36,086$32,522$23,839
11 years$44,110$39,446$35,221$31,406$27,970$19,764
12 years$40,021$35,405$31,258$27,547$24,238$16,497
13 years$36,563$31,995$27,927$24,320$21,136$13,844
14 years$33,602$29,083$25,092$21,589$18,528$11,669
15 years$31,039$26,568$22,655$19,253$16,313$9,872
16 years$28,797$24,375$20,540$17,239$14,418$8,377
17 years$26,822$22,449$18,691$15,489$12,784$7,126
18 years$25,068$20,744$17,062$13,959$11,367$6,074
19 years$23,500$19,225$15,620$12,613$10,132$5,187
20 years$22,091$17,865$14,335$11,424$9,050$4,436
21 years$20,818$16,640$13,185$10,368$8,098$3,799
22 years$19,662$15,533$12,152$9,427$7,259$3,257
23 years$18,609$14,528$11,221$8,585$6,516$2,794
24 years$17,644$13,612$10,377$7,830$5,857$2,400
25 years$16,758$12,774$9,611$7,151$5,270$2,062
26 years$15,941$12,005$8,914$6,538$4,747$1,773
27 years$15,187$11,299$8,277$5,985$4,280$1,525
28 years$14,487$10,647$7,695$5,483$3,862$1,312
29 years$13,837$10,044$7,161$5,028$3,487$1,130
30 years$13,231$9,485$6,670$4,615$3,151$973
31 years$12,666$8,967$6,218$4,238$2,849$838
32 years$12,137$8,484$5,802$3,895$2,577$722
33 years$11,641$8,035$5,417$3,582$2,332$622
34 years$11,175$7,615$5,061$3,296$2,111$536
35 years$10,736$7,223$4,732$3,034$1,912$462
36 years$10,324$6,856$4,427$2,794$1,733$399
37 years$9,934$6,511$4,143$2,574$1,570$344
38 years$9,565$6,188$3,880$2,373$1,424$296
39 years$9,217$5,884$3,635$2,188$1,291$256
40 years$8,887$5,598$3,407$2,018$1,171$220
41 years$8,573$5,329$3,195$1,862$1,062$190
42 years$8,275$5,075$2,997$1,718$964$164
43 years$7,992$4,836$2,812$1,586$875$141
44 years$7,723$4,609$2,640$1,465$794$122
45 years$7,466$4,395$2,479$1,353$721$105
46 years$7,221$4,193$2,328$1,249$655$91
47 years$6,988$4,002$2,187$1,154$594$78
48 years$6,764$3,820$2,055$1,067$540$68
49 years$6,551$3,648$1,932$986$490$58
50 years$6,346$3,485$1,816$911$445$50

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 $3,187 every year, while hoping to spend $52,124 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: 41/37/22 Blend
29$6,500,000$6,500,000$6,500,000$6,500,000
30$7,166,287$6,821,787$6,721,037$7,413,553
31$7,841,789$7,100,595$6,890,733$7,869,511
32$8,584,445$7,391,318$7,064,366$8,357,492
33$9,401,050$7,694,484$7,242,013$8,884,632
34$10,299,090$8,010,647$7,423,754$9,454,543
35$11,286,812$8,340,384$7,609,665$10,071,197
36$12,373,305$8,684,300$7,799,826$10,738,950
37$13,568,580$9,043,029$7,994,318$11,462,592
38$14,883,668$9,417,230$8,193,221$12,247,380
39$16,330,725$9,807,598$8,396,617$13,099,095
40$17,923,143$10,214,854$8,604,587$14,024,086
41$19,675,678$10,639,756$8,817,215$15,029,335
42$21,604,590$11,083,096$9,034,584$16,122,513
43$23,727,793$11,545,703$9,256,778$17,312,056
44$26,065,028$12,028,443$9,483,880$18,607,238
45$28,638,047$12,532,222$9,715,976$20,018,259
46$31,470,817$13,057,990$9,953,151$21,556,335
47$34,589,747$13,606,739$10,195,488$23,233,804
48$38,023,939$14,179,507$10,443,075$25,064,236
49$41,805,459$14,777,381$10,695,996$27,062,561
50$45,969,641$15,401,498$10,954,337$29,245,204
51$50,555,420$16,053,047$11,218,183$31,630,239
52$55,605,700$16,733,273$11,487,619$34,237,554
53$61,167,758$17,443,480$11,762,731$37,089,033
54$67,293,690$18,185,031$12,043,603$40,208,764
55$74,040,901$18,959,353$12,330,319$43,623,257
56$81,472,651$19,767,939$12,622,962$47,361,693
57$89,658,645$20,612,352$12,921,616$51,456,191
58$98,675,699$21,494,229$13,226,361$55,942,113
59$108,608,456$22,415,282$13,537,280$60,858,384
60$119,550,190$23,377,303$13,854,451$66,247,864
61$131,603,688$24,382,169$14,177,953$72,157,737
62$144,882,213$25,431,843$14,507,863$78,639,960
63$159,510,578$26,528,383$14,844,256$85,751,741
64$175,626,323$27,673,940$15,187,205$93,556,076
65$193,381,012$28,870,768$15,536,781$102,122,335
66$212,941,666$30,121,226$15,893,053$111,526,913
67$234,492,333$31,427,783$16,256,088$121,853,941
68$258,235,833$32,793,026$16,625,949$133,196,075
69$284,395,666$34,219,663$17,002,697$145,655,363
70$313,218,126$35,710,528$17,386,388$159,344,199
71$344,974,620$37,268,589$17,777,078$174,386,373
72$379,964,237$38,896,955$18,174,815$190,918,240
73$418,516,563$40,598,881$18,579,646$209,089,986
74$460,994,801$42,377,774$18,991,612$229,067,047
75$507,799,189$44,237,204$19,410,750$251,031,652
76$559,370,787$46,180,907$19,837,091$275,184,538
77$616,195,635$48,212,799$20,270,660$301,746,834
78$678,809,341$50,336,978$20,711,479$330,962,135
79$747,802,140$52,557,736$21,159,560$363,098,791
80$823,824,464$54,879,571$21,614,911$398,452,425
81$907,593,080$57,307,190$22,077,531$437,348,716
82$999,897,858$59,845,526$22,547,412$480,146,457
83$1,101,609,227$62,499,745$23,024,538$527,240,925
84$1,213,686,392$65,275,256$23,508,884$579,067,605
85$1,337,186,388$68,177,728$24,000,416$636,106,278
86$1,473,274,060$71,213,097$24,499,090$698,885,539
87$1,623,233,056$74,387,580$25,004,851$767,987,767
88$1,788,477,948$77,707,692$25,517,634$844,054,608
89$1,970,567,585$81,180,255$26,037,361$927,793,013
90$2,171,219,809$84,812,418$26,563,944$1,019,981,893
91$2,392,327,672$88,611,669$27,097,278$1,121,479,447
92$2,635,977,305$92,585,851$27,637,247$1,233,231,253
93$2,904,467,615$96,743,183$28,183,720$1,356,279,161
94$3,200,331,987$101,092,274$28,736,549$1,491,771,116
95$3,526,362,197$105,642,143$29,295,572$1,640,971,961
96$3,885,634,774$110,402,241$29,860,606$1,805,275,362
97$4,281,540,039$115,382,469$30,431,454$1,986,216,930
98$4,717,814,112$120,593,198$31,007,897$2,185,488,699
99$5,198,574,185$126,045,299$31,589,695$2,404,955,062
100$5,728,357,391$131,750,158$32,176,589$2,646,670,348