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%15.8%
1 years$619,343$613,826$608,444$603,190$598,061$583,840
2 years$306,605$300,895$295,361$289,995$284,791$270,547
3 years$202,373$196,638$191,118$185,803$180,683$166,861
4 years$150,267$144,550$139,085$133,860$128,865$115,571
5 years$119,012$113,329$107,936$102,818$97,961$85,232
6 years$98,182$92,542$87,228$82,224$77,513$65,363
7 years$83,309$77,716$72,487$67,601$63,039$51,469
8 years$72,160$66,617$61,475$56,709$52,297$41,302
9 years$63,492$58,002$52,948$48,303$44,041$33,613
10 years$56,562$51,126$46,161$41,638$37,526$27,652
11 years$50,896$45,515$40,640$36,237$32,273$22,941
12 years$46,178$40,851$36,067$31,785$27,967$19,161
13 years$42,189$36,918$32,223$28,062$24,388$16,090
14 years$38,772$33,557$28,953$24,910$21,378$13,572
15 years$35,814$30,655$26,140$22,215$18,823$11,490
16 years$33,228$28,126$23,700$19,891$16,636$9,756
17 years$30,948$25,903$21,566$17,872$14,751$8,305
18 years$28,925$23,935$19,687$16,106$13,116$7,085
19 years$27,116$22,183$18,023$14,554$11,690$6,055
20 years$25,490$20,613$16,540$13,181$10,442$5,182
21 years$24,021$19,201$15,214$11,963$9,344$4,441
22 years$22,687$17,923$14,022$10,877$8,376$3,810
23 years$21,471$16,763$12,947$9,906$7,519$3,272
24 years$20,358$15,706$11,974$9,035$6,758$2,812
25 years$19,336$14,739$11,090$8,251$6,081$2,418
26 years$18,394$13,852$10,285$7,544$5,478$2,081
27 years$17,523$13,037$9,551$6,905$4,939$1,791
28 years$16,716$12,284$8,879$6,327$4,456$1,543
29 years$15,966$11,589$8,262$5,802$4,024$1,329
30 years$15,267$10,945$7,696$5,325$3,636$1,146
31 years$14,614$10,346$7,175$4,890$3,287$988
32 years$14,004$9,790$6,694$4,494$2,973$852
33 years$13,431$9,271$6,251$4,133$2,691$735
34 years$12,894$8,787$5,840$3,803$2,436$634
35 years$12,388$8,334$5,460$3,500$2,207$547
36 years$11,912$7,910$5,108$3,224$1,999$472
37 years$11,462$7,513$4,781$2,970$1,812$407
38 years$11,037$7,140$4,477$2,738$1,643$351
39 years$10,635$6,789$4,194$2,524$1,490$303
40 years$10,254$6,460$3,931$2,328$1,351$262
41 years$9,892$6,149$3,686$2,148$1,226$226
42 years$9,549$5,856$3,458$1,983$1,112$195
43 years$9,222$5,580$3,245$1,830$1,010$168
44 years$8,911$5,319$3,046$1,690$916$145
45 years$8,615$5,072$2,860$1,561$832$126
46 years$8,332$4,838$2,686$1,442$755$108
47 years$8,063$4,617$2,524$1,332$686$94
48 years$7,805$4,408$2,372$1,231$623$81
49 years$7,558$4,209$2,229$1,137$566$70
50 years$7,323$4,021$2,096$1,051$514$60

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 $3,753 every year, while hoping to spend $32,007 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: 57/25/18 Blend
29$7,500,000$7,500,000$7,500,000$7,500,000
30$8,268,871$7,871,371$7,755,121$8,700,665
31$9,078,241$8,223,013$7,980,863$9,346,174
32$9,969,094$8,590,813$8,213,094$10,045,493
33$10,949,707$8,975,528$8,451,998$10,806,875
34$12,029,201$9,377,953$8,697,764$11,636,292
35$13,217,626$9,798,920$8,950,586$12,540,310
36$14,526,056$10,239,299$9,210,663$13,526,152
37$15,966,694$10,700,005$9,478,200$14,601,759
38$17,552,984$11,181,992$9,753,407$15,775,869
39$19,299,743$11,686,265$10,036,501$17,058,089
40$21,223,297$12,213,872$10,327,703$18,458,993
41$23,341,635$12,765,913$10,627,243$19,990,210
42$25,674,581$13,343,542$10,935,355$21,664,540
43$28,243,978$13,947,965$11,252,279$23,496,064
44$31,073,897$14,580,449$11,578,264$25,500,280
45$34,190,863$15,242,320$11,913,564$27,694,245
46$37,624,103$15,934,966$12,258,441$30,096,731
47$41,405,826$16,659,843$12,613,163$32,728,401
48$45,571,522$17,418,477$12,978,006$35,611,999
49$50,160,302$18,212,467$13,353,253$38,772,566
50$55,215,263$19,043,488$13,739,197$42,237,664
51$60,783,896$19,913,295$14,136,136$46,037,642
52$66,918,534$20,823,728$14,544,378$50,205,913
53$73,676,849$21,776,714$14,964,239$54,779,265
54$81,122,389$22,774,274$15,396,042$59,798,207
55$89,325,184$23,818,526$15,840,122$65,307,346
56$98,362,407$24,911,688$16,296,820$71,355,801
57$108,319,098$26,056,086$16,766,488$77,997,665
58$119,288,968$27,254,156$17,249,488$85,292,509
59$131,375,286$28,508,453$17,746,189$93,305,940
60$144,691,853$29,821,655$18,256,974$102,110,211
61$159,364,072$31,196,566$18,782,233$111,784,905
62$175,530,138$32,636,128$19,322,368$122,417,672
63$193,342,336$34,143,423$19,877,792$134,105,055
64$212,968,485$35,721,682$20,448,929$146,953,392
65$234,593,516$37,374,289$21,036,213$161,079,816
66$258,421,221$39,104,796$21,640,093$176,613,351
67$284,676,175$40,916,921$22,261,026$193,696,122
68$313,605,859$42,814,563$22,899,483$212,484,693
69$345,482,990$44,801,811$23,555,950$233,151,531
70$380,608,103$46,882,947$24,230,922$255,886,629
71$419,312,382$49,062,464$24,924,911$280,899,290
72$461,960,788$51,345,068$25,638,438$308,420,094
73$508,955,506$53,735,694$26,372,043$338,703,062
74$560,739,738$56,239,513$27,126,278$372,028,049
75$617,801,892$58,861,950$27,901,708$408,703,368
76$680,680,186$61,608,687$28,698,916$449,068,697
77$749,967,735$64,485,682$29,518,500$493,498,268
78$826,318,146$67,499,183$30,361,072$542,404,391
79$910,451,691$70,655,737$31,227,262$596,241,332
80$1,003,162,104$73,962,208$32,117,716$655,509,587
81$1,105,324,076$77,425,794$33,033,096$720,760,597
82$1,217,901,511$81,054,037$33,974,085$792,601,932
83$1,341,956,628$84,854,847$34,941,379$871,703,020
84$1,478,659,985$88,836,516$35,935,696$958,801,443
85$1,629,301,533$93,007,735$36,957,772$1,054,709,889
86$1,795,302,794$97,377,619$38,008,362$1,160,323,801
87$1,978,230,277$101,955,720$39,088,240$1,276,629,819
88$2,179,810,271$106,752,056$40,198,202$1,404,715,068
89$2,401,945,141$111,777,129$41,339,064$1,545,777,405
90$2,646,731,286$117,041,949$42,511,662$1,701,136,706
91$2,916,478,930$122,558,058$43,716,857$1,872,247,305
92$3,213,733,938$128,337,560$44,955,529$2,060,711,697
93$3,541,301,843$134,393,143$46,228,582$2,268,295,647
94$3,902,274,336$140,738,112$47,536,944$2,496,944,832
95$4,300,058,454$147,386,415$48,881,567$2,748,803,184
96$4,738,408,744$154,352,677$50,263,428$3,026,233,102
97$5,221,462,710$161,652,232$51,683,527$3,331,837,725
98$5,753,779,873$169,301,159$53,142,891$3,668,485,479
99$6,340,384,818$177,316,313$54,642,576$4,039,337,124
100$6,986,814,628$185,715,371$56,183,661$4,447,875,562