Can I retire at age 30 with 7,500,000?

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 $7,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$619,343$613,826$608,444$603,190$598,061$585,507
2 years$306,605$300,895$295,361$289,995$284,791$272,202
3 years$202,373$196,638$191,118$185,803$180,683$168,452
4 years$150,267$144,550$139,085$133,860$128,865$117,086
5 years$119,012$113,329$107,936$102,818$97,961$86,668
6 years$98,182$92,542$87,228$82,224$77,513$66,718
7 years$83,309$77,716$72,487$67,601$63,039$52,744
8 years$72,160$66,617$61,475$56,709$52,297$42,498
9 years$63,492$58,002$52,948$48,303$44,041$34,732
10 years$56,562$51,126$46,161$41,638$37,526$28,697
11 years$50,896$45,515$40,640$36,237$32,273$23,914
12 years$46,178$40,851$36,067$31,785$27,967$20,065
13 years$42,189$36,918$32,223$28,062$24,388$16,928
14 years$38,772$33,557$28,953$24,910$21,378$14,347
15 years$35,814$30,655$26,140$22,215$18,823$12,205
16 years$33,228$28,126$23,700$19,891$16,636$10,415
17 years$30,948$25,903$21,566$17,872$14,751$8,911
18 years$28,925$23,935$19,687$16,106$13,116$7,641
19 years$27,116$22,183$18,023$14,554$11,690$6,564
20 years$25,490$20,613$16,540$13,181$10,442$5,648
21 years$24,021$19,201$15,214$11,963$9,344$4,866
22 years$22,687$17,923$14,022$10,877$8,376$4,198
23 years$21,471$16,763$12,947$9,906$7,519$3,624
24 years$20,358$15,706$11,974$9,035$6,758$3,132
25 years$19,336$14,739$11,090$8,251$6,081$2,709
26 years$18,394$13,852$10,285$7,544$5,478$2,344
27 years$17,523$13,037$9,551$6,905$4,939$2,029
28 years$16,716$12,284$8,879$6,327$4,456$1,758
29 years$15,966$11,589$8,262$5,802$4,024$1,523
30 years$15,267$10,945$7,696$5,325$3,636$1,320
31 years$14,614$10,346$7,175$4,890$3,287$1,145
32 years$14,004$9,790$6,694$4,494$2,973$993
33 years$13,431$9,271$6,251$4,133$2,691$861
34 years$12,894$8,787$5,840$3,803$2,436$747
35 years$12,388$8,334$5,460$3,500$2,207$649
36 years$11,912$7,910$5,108$3,224$1,999$563
37 years$11,462$7,513$4,781$2,970$1,812$489
38 years$11,037$7,140$4,477$2,738$1,643$424
39 years$10,635$6,789$4,194$2,524$1,490$368
40 years$10,254$6,460$3,931$2,328$1,351$320
41 years$9,892$6,149$3,686$2,148$1,226$278
42 years$9,549$5,856$3,458$1,983$1,112$241
43 years$9,222$5,580$3,245$1,830$1,010$210
44 years$8,911$5,319$3,046$1,690$916$182
45 years$8,615$5,072$2,860$1,561$832$158
46 years$8,332$4,838$2,686$1,442$755$137
47 years$8,063$4,617$2,524$1,332$686$119
48 years$7,805$4,408$2,372$1,231$623$104
49 years$7,558$4,209$2,229$1,137$566$90
50 years$7,323$4,021$2,096$1,051$514$78

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $7,500,000, adding $3,899 every year, while hoping to spend $39,076 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: 38/33/29 Blend
29$7,500,000$7,500,000$7,500,000$7,500,000
30$8,269,022$7,871,522$7,755,272$8,511,732
31$9,070,885$8,215,650$7,973,497$9,035,000
32$9,953,230$8,575,330$8,197,723$9,596,289
33$10,924,222$8,951,284$8,428,109$10,202,184
34$11,992,862$9,344,267$8,664,820$10,856,762
35$13,169,066$9,755,068$8,908,024$11,564,501
36$14,463,760$10,184,516$9,157,892$12,330,314
37$15,888,983$10,633,477$9,414,602$13,159,596
38$17,458,002$11,102,860$9,678,333$14,058,271
39$19,185,434$11,593,615$9,949,273$15,032,845
40$21,087,385$12,106,739$10,227,610$16,090,465
41$23,181,604$12,643,275$10,513,541$17,238,982
42$25,487,647$13,204,315$10,807,264$18,487,024
43$28,027,064$13,791,004$11,108,985$19,844,074
44$30,823,602$14,404,541$11,418,913$21,320,553
45$33,903,427$15,046,180$11,737,264$22,927,919
46$37,295,372$15,717,239$12,064,258$24,678,765
47$41,031,210$16,419,094$12,400,121$26,586,944
48$45,145,953$17,153,188$12,745,084$28,667,685
49$49,678,180$17,921,035$13,099,384$30,937,738
50$54,670,406$18,724,217$13,463,265$33,415,529
51$60,169,478$19,564,394$13,836,975$36,121,323
52$66,227,019$20,443,304$14,220,768$39,077,418
53$72,899,919$21,362,769$14,614,907$42,308,344
54$80,250,863$22,324,697$15,019,659$45,841,094
55$88,348,930$23,331,087$15,435,297$49,705,368
56$97,270,243$24,384,032$15,862,102$53,933,853
57$107,098,687$25,485,729$16,300,361$58,562,523
58$117,926,698$26,638,475$16,750,369$63,630,971
59$129,856,141$27,844,680$17,212,426$69,182,778
60$142,999,267$29,106,868$17,686,841$75,265,916
61$157,479,771$30,427,684$18,173,929$81,933,194
62$173,433,966$31,809,899$18,674,015$89,242,752
63$191,012,064$33,256,418$19,187,427$97,258,597
64$210,379,595$34,770,282$19,714,506$106,051,200
65$231,718,969$36,354,681$20,255,598$115,698,157
66$255,231,200$38,012,957$20,811,056$126,284,906
67$281,137,801$39,748,610$21,381,245$137,905,530
68$309,682,875$41,565,310$21,966,535$150,663,632
69$341,135,421$43,466,903$22,567,307$164,673,301
70$375,791,870$45,457,418$23,183,948$180,060,184
71$413,978,888$47,541,078$23,816,857$196,962,656
72$456,056,453$49,722,309$24,466,440$215,533,117
73$502,421,259$52,005,750$25,133,113$235,939,416
74$553,510,457$54,396,262$25,817,302$258,366,424
75$609,805,783$56,898,938$26,519,442$283,017,770
76$671,838,106$59,519,120$27,239,977$310,117,740
77$740,192,439$62,262,402$27,979,362$339,913,389
78$815,513,459$65,134,651$28,738,062$372,676,853
79$898,511,597$68,142,014$29,516,552$408,707,901
80$989,969,742$71,290,935$30,315,318$448,336,753
81$1,090,750,631$74,588,166$31,134,857$491,927,175
82$1,201,804,996$78,040,787$31,975,675$539,879,900
83$1,324,180,537$81,656,217$32,838,292$592,636,386
84$1,459,031,814$85,442,234$33,723,236$650,682,968
85$1,607,631,143$89,406,988$34,631,050$714,555,425
86$1,771,380,614$93,559,025$35,562,284$784,844,021
87$1,951,825,321$97,907,301$36,517,505$862,199,049
88$2,150,667,950$102,461,205$37,497,287$947,336,950
89$2,369,784,855$107,230,578$38,502,221$1,041,047,049
90$2,611,243,771$112,225,737$39,532,906$1,144,198,982
91$2,877,323,334$117,457,496$40,589,956$1,257,750,879
92$3,170,534,591$122,937,191$41,673,997$1,382,758,379
93$3,493,644,712$128,676,706$42,785,669$1,520,384,567
94$3,849,703,107$134,688,499$43,925,622$1,671,910,923
95$4,242,070,216$140,985,628$45,094,523$1,838,749,386
96$4,674,449,239$147,581,784$46,293,050$2,022,455,649
97$5,150,921,089$154,491,320$47,521,896$2,224,743,814
98$5,675,982,926$161,729,280$48,781,765$2,447,502,531
99$6,254,590,609$169,311,439$50,073,379$2,692,812,793
100$6,892,205,485$177,254,333$51,397,470$2,962,967,538