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%13.6%
1 years$536,764$531,983$527,318$522,765$518,319$510,573
2 years$265,725$260,776$255,980$251,329$246,819$239,033
3 years$175,390$170,420$165,636$161,029$156,592$149,007
4 years$130,232$125,277$120,540$116,012$111,683$104,358
5 years$103,144$98,218$93,544$89,109$84,899$77,856
6 years$85,091$80,203$75,598$71,261$67,178$60,425
7 years$72,201$67,354$62,822$58,588$54,634$48,172
8 years$62,538$57,735$53,278$49,148$45,324$39,153
9 years$55,027$50,269$45,888$41,863$38,169$32,286
10 years$49,021$44,309$40,007$36,086$32,522$26,923
11 years$44,110$39,446$35,221$31,406$27,970$22,648
12 years$40,021$35,405$31,258$27,547$24,238$19,188
13 years$36,563$31,995$27,927$24,320$21,136$16,350
14 years$33,602$29,083$25,092$21,589$18,528$13,998
15 years$31,039$26,568$22,655$19,253$16,313$12,032
16 years$28,797$24,375$20,540$17,239$14,418$10,376
17 years$26,822$22,449$18,691$15,489$12,784$8,973
18 years$25,068$20,744$17,062$13,959$11,367$7,779
19 years$23,500$19,225$15,620$12,613$10,132$6,757
20 years$22,091$17,865$14,335$11,424$9,050$5,879
21 years$20,818$16,640$13,185$10,368$8,098$5,124
22 years$19,662$15,533$12,152$9,427$7,259$4,471
23 years$18,609$14,528$11,221$8,585$6,516$3,905
24 years$17,644$13,612$10,377$7,830$5,857$3,415
25 years$16,758$12,774$9,611$7,151$5,270$2,988
26 years$15,941$12,005$8,914$6,538$4,747$2,617
27 years$15,187$11,299$8,277$5,985$4,280$2,293
28 years$14,487$10,647$7,695$5,483$3,862$2,011
29 years$13,837$10,044$7,161$5,028$3,487$1,764
30 years$13,231$9,485$6,670$4,615$3,151$1,548
31 years$12,666$8,967$6,218$4,238$2,849$1,359
32 years$12,137$8,484$5,802$3,895$2,577$1,194
33 years$11,641$8,035$5,417$3,582$2,332$1,049
34 years$11,175$7,615$5,061$3,296$2,111$921
35 years$10,736$7,223$4,732$3,034$1,912$810
36 years$10,324$6,856$4,427$2,794$1,733$712
37 years$9,934$6,511$4,143$2,574$1,570$626
38 years$9,565$6,188$3,880$2,373$1,424$550
39 years$9,217$5,884$3,635$2,188$1,291$484
40 years$8,887$5,598$3,407$2,018$1,171$426
41 years$8,573$5,329$3,195$1,862$1,062$374
42 years$8,275$5,075$2,997$1,718$964$329
43 years$7,992$4,836$2,812$1,586$875$290
44 years$7,723$4,609$2,640$1,465$794$255
45 years$7,466$4,395$2,479$1,353$721$224
46 years$7,221$4,193$2,328$1,249$655$197
47 years$6,988$4,002$2,187$1,154$594$174
48 years$6,764$3,820$2,055$1,067$540$153
49 years$6,551$3,648$1,932$986$490$135
50 years$6,346$3,485$1,816$911$445$118

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 $4,048 every year, while hoping to spend $26,822 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: 57/37/6 Blend
29$6,500,000$6,500,000$6,500,000$6,500,000
30$7,167,176$6,822,676$6,721,926$7,566,574
31$7,869,689$7,128,448$6,918,572$8,141,286
32$8,642,960$7,448,305$7,120,906$8,763,771
33$9,494,177$7,782,907$7,329,092$9,441,306
34$10,431,262$8,132,948$7,543,296$10,179,146
35$11,462,943$8,499,155$7,763,688$10,983,066
36$12,598,838$8,882,288$7,990,446$11,859,413
37$13,849,544$9,283,145$8,223,751$12,815,166
38$15,226,740$9,702,561$8,463,789$13,857,995
39$16,743,292$10,141,412$8,710,751$14,996,335
40$18,413,381$10,600,614$8,964,834$16,239,460
41$20,252,630$11,081,129$9,226,240$17,597,571
42$22,278,257$11,583,963$9,495,178$19,081,886
43$24,509,234$12,110,171$9,771,861$20,704,745
44$26,966,466$12,660,860$10,056,508$22,479,723
45$29,672,990$13,237,186$10,349,346$24,421,753
46$32,654,192$13,840,365$10,650,606$26,547,266
47$35,938,045$14,471,669$10,960,527$28,874,344
48$39,555,374$15,132,429$11,279,353$31,422,880
49$43,540,148$15,824,044$11,607,337$34,214,770
50$47,929,798$16,547,977$11,944,738$37,274,110
51$52,765,572$17,305,762$12,291,821$40,627,422
52$58,092,923$18,099,007$12,648,860$44,303,897
53$63,961,940$18,929,397$13,016,135$48,335,670
54$70,427,817$19,798,698$13,393,935$52,758,115
55$77,551,380$20,708,759$13,782,557$57,610,174
56$85,399,654$21,661,521$14,182,306$62,934,720
57$94,046,500$22,659,017$14,593,494$68,778,959
58$103,573,310$23,703,376$15,016,444$75,194,861
59$114,069,778$24,796,833$15,451,486$82,239,656
60$125,634,744$25,941,726$15,898,959$89,976,356
61$138,377,127$27,140,509$16,359,213$98,474,353
62$152,416,953$28,395,753$16,832,606$107,810,061
63$167,886,490$29,710,153$17,319,506$118,067,631
64$184,931,495$31,086,534$17,820,292$129,339,739
65$203,712,589$32,527,855$18,335,353$141,728,450
66$224,406,774$34,037,221$18,865,088$155,346,176
67$247,209,104$35,617,883$19,409,908$170,316,727
68$272,334,526$37,273,253$19,970,233$186,776,469
69$300,019,909$39,006,904$20,546,497$204,875,603
70$330,526,280$40,822,582$21,139,145$224,779,573
71$364,141,287$42,724,216$21,748,634$246,670,615
72$401,181,917$44,715,921$22,375,431$270,749,468
73$441,997,485$46,802,014$23,020,021$297,237,256
74$486,972,934$48,987,018$23,682,897$326,377,564
75$536,532,468$51,275,676$24,364,568$358,438,724
76$591,143,555$53,672,960$25,065,557$393,716,333
77$651,321,343$56,184,080$25,786,399$432,536,034
78$717,633,522$58,814,502$26,527,645$475,256,570
79$790,705,682$61,569,953$27,289,861$522,273,156
80$871,227,218$64,456,437$28,073,628$574,021,199
81$959,957,842$67,480,250$28,879,542$630,980,382
82$1,057,734,751$70,647,992$29,708,216$693,679,183
83$1,165,480,533$73,966,581$30,560,279$762,699,841
84$1,284,211,875$77,443,271$31,436,376$838,683,833
85$1,415,049,162$81,085,668$32,337,171$922,337,913
86$1,559,227,055$84,901,743$33,263,344$1,014,440,755
87$1,718,106,143$88,899,857$34,215,594$1,115,850,290
88$1,893,185,793$93,088,773$35,194,640$1,227,511,776
89$2,086,118,301$97,477,680$36,201,218$1,350,466,698
90$2,298,724,493$102,076,212$37,236,084$1,485,862,576
91$2,533,010,913$106,894,469$38,300,015$1,634,963,771
92$2,791,188,769$111,943,040$39,393,808$1,799,163,390
93$3,075,694,804$117,233,030$40,518,281$1,979,996,411
94$3,389,214,306$122,776,080$41,674,275$2,179,154,139
95$3,734,706,454$128,584,397$42,862,652$2,398,500,146
96$4,115,432,257$134,670,778$44,084,297$2,640,087,826
97$4,534,985,344$141,048,642$45,340,117$2,906,179,745
98$4,997,325,884$147,732,061$46,631,046$3,199,268,962
99$5,506,817,979$154,735,786$47,958,040$3,522,102,531
100$6,068,270,859$162,075,286$49,322,082$3,877,707,388