Can I retire at age 30 with 7,800,000?

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 $7,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$644,117$638,379$632,782$627,318$621,983$613,956
2 years$318,870$312,931$307,176$301,595$296,182$288,107
3 years$210,468$204,504$198,763$193,235$187,910$180,037
4 years$156,278$150,332$144,648$139,215$134,019$126,409
5 years$123,772$117,862$112,253$106,930$101,879$94,555
6 years$102,109$96,243$90,717$85,513$80,614$73,583
7 years$86,641$80,825$75,386$70,305$65,560$58,826
8 years$75,046$69,282$63,934$58,977$54,389$47,950
9 years$66,032$60,322$55,066$50,235$45,803$39,658
10 years$58,825$53,171$48,008$43,303$39,027$33,170
11 years$52,932$47,335$42,265$37,687$33,564$27,991
12 years$48,025$42,486$37,509$33,057$29,086$23,790
13 years$43,876$38,395$33,512$29,184$25,364$20,338
14 years$40,323$34,900$30,111$25,906$22,234$17,470
15 years$37,246$31,881$27,186$23,104$19,576$15,068
16 years$34,557$29,251$24,648$20,687$17,301$13,039
17 years$32,186$26,939$22,429$18,587$15,341$11,317
18 years$30,082$24,893$20,475$16,751$13,640$9,845
19 years$28,201$23,070$18,744$15,136$12,158$8,583
20 years$26,510$21,438$17,202$13,708$10,860$7,497
21 years$24,982$19,969$15,822$12,441$9,718$6,557
22 years$23,595$18,640$14,583$11,312$8,711$5,744
23 years$22,330$17,434$13,465$10,302$7,819$5,037
24 years$21,173$16,334$12,453$9,396$7,028$4,421
25 years$20,110$15,329$11,534$8,581$6,324$3,884
26 years$19,130$14,407$10,697$7,846$5,697$3,415
27 years$18,224$13,558$9,933$7,182$5,136$3,005
28 years$17,384$12,776$9,234$6,580$4,634$2,646
29 years$16,604$12,053$8,593$6,034$4,185$2,330
30 years$15,877$11,382$8,004$5,538$3,781$2,053
31 years$15,199$10,760$7,462$5,086$3,419$1,810
32 years$14,564$10,181$6,962$4,674$3,092$1,596
33 years$13,969$9,642$6,501$4,298$2,799$1,408
34 years$13,410$9,138$6,074$3,955$2,534$1,243
35 years$12,884$8,667$5,678$3,640$2,295$1,097
36 years$12,388$8,227$5,312$3,353$2,079$968
37 years$11,921$7,813$4,972$3,089$1,885$855
38 years$11,479$7,426$4,656$2,847$1,709$755
39 years$11,060$7,061$4,362$2,625$1,549$667
40 years$10,664$6,718$4,089$2,422$1,405$589
41 years$10,288$6,395$3,834$2,234$1,275$520
42 years$9,931$6,090$3,596$2,062$1,157$460
43 years$9,591$5,803$3,375$1,903$1,050$406
44 years$9,268$5,531$3,168$1,757$953$359
45 years$8,959$5,275$2,974$1,623$865$317
46 years$8,666$5,032$2,794$1,499$786$280
47 years$8,385$4,802$2,625$1,385$713$248
48 years$8,117$4,584$2,466$1,280$648$219
49 years$7,861$4,377$2,318$1,183$588$194
50 years$7,616$4,182$2,179$1,093$534$171

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $7,800,000, adding $4,992 every year, while hoping to spend $24,918 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: 58/31/11 Blend
29$7,800,000$7,800,000$7,800,000$7,800,000
30$8,600,749$8,187,349$8,066,449$9,076,331
31$9,451,513$8,562,017$8,310,163$9,772,121
32$10,388,220$8,954,208$8,561,205$10,526,968
33$11,419,609$9,364,755$8,819,797$11,349,162
34$12,555,311$9,794,530$9,086,162$12,245,167
35$13,805,939$10,244,448$9,360,534$13,222,090
36$15,183,185$10,715,466$9,643,152$14,287,745
37$16,699,935$11,208,589$9,934,263$15,450,720
38$18,370,387$11,724,869$10,234,120$16,720,463
39$20,210,188$12,265,409$10,542,984$18,107,363
40$22,236,578$12,831,365$10,861,125$19,622,845
41$24,468,556$13,423,949$11,188,820$21,279,478
42$26,927,057$14,044,430$11,526,354$23,091,090
43$29,635,150$14,694,141$11,874,020$25,072,890
44$32,618,258$15,374,476$12,232,122$27,241,616
45$35,904,392$16,086,897$12,600,970$29,615,684
46$39,524,422$16,832,938$12,980,885$32,215,359
47$43,512,366$17,614,205$13,372,197$35,062,944
48$47,905,709$18,432,382$13,775,247$38,182,983
49$52,745,758$19,289,235$14,190,384$41,602,494
50$58,078,031$20,186,614$14,617,969$45,351,213
51$63,952,692$21,126,459$15,058,372$49,461,874
52$70,425,015$22,110,804$15,511,976$53,970,512
53$77,555,913$23,141,780$15,979,173$58,916,798
54$85,412,510$24,221,621$16,460,370$64,344,408
55$94,068,776$25,352,670$16,955,982$70,301,430
56$103,606,223$26,537,383$17,466,439$76,840,809
57$114,114,676$27,778,333$17,992,183$84,020,848
58$125,693,121$29,078,220$18,533,669$91,905,741
59$138,450,638$30,439,871$19,091,366$100,566,183
60$152,507,431$31,866,253$19,665,755$110,080,023
61$167,995,964$33,360,474$20,257,333$120,532,994
62$185,062,210$34,925,795$20,866,611$132,019,514
63$203,867,029$36,565,633$21,494,116$144,643,569
64$224,587,687$38,283,569$22,140,390$158,519,687
65$247,419,527$40,083,361$22,805,989$173,774,011
66$272,577,818$41,968,944$23,491,489$190,545,475
67$300,299,782$43,944,449$24,197,480$208,987,113
68$330,846,835$46,014,202$24,924,571$229,267,489
69$364,507,057$48,182,743$25,673,389$251,572,279
70$401,597,907$50,454,828$26,444,578$276,106,011
71$442,469,225$52,835,446$27,238,803$303,093,985
72$487,506,530$55,329,827$28,056,746$332,784,390
73$537,134,661$57,943,453$28,899,113$365,450,628
74$591,821,790$60,682,076$29,766,626$401,393,889
75$652,083,836$63,551,721$30,660,031$440,945,973
76$718,489,342$66,558,710$31,580,097$484,472,411
77$791,664,838$69,709,670$32,527,613$532,375,903
78$872,300,756$73,011,548$33,503,393$585,100,098
79$961,157,950$76,471,631$34,508,274$643,133,766
80$1,059,074,877$80,097,558$35,543,118$707,015,399
81$1,166,975,514$83,897,337$36,608,811$777,338,272
82$1,285,878,078$87,879,368$37,706,268$854,756,023
83$1,416,904,642$92,052,457$38,836,428$939,988,807
84$1,561,291,726$96,425,838$40,000,259$1,033,830,073
85$1,720,401,971$101,009,193$41,198,756$1,137,154,027
86$1,895,737,003$105,812,675$42,432,946$1,250,923,867
87$2,088,951,611$110,846,929$43,703,883$1,376,200,850
88$2,301,869,366$116,123,119$45,012,654$1,514,154,284
89$2,536,499,839$121,652,951$46,360,376$1,666,072,541
90$2,795,057,575$127,448,697$47,748,200$1,833,375,191
91$3,079,982,994$133,523,230$49,177,312$2,017,626,374
92$3,393,965,437$139,890,046$50,648,929$2,220,549,536
93$3,739,968,551$146,563,297$52,164,307$2,444,043,669
94$4,121,258,269$153,557,824$53,724,737$2,690,201,199
95$4,541,433,645$160,889,191$55,331,549$2,961,327,710
96$5,004,460,832$168,573,716$56,986,111$3,259,963,671
97$5,514,710,522$176,628,513$58,689,831$3,588,908,378
98$6,076,999,212$185,071,528$60,444,157$3,951,246,347
99$6,696,634,678$193,921,579$62,250,583$4,350,376,384
100$7,379,466,081$203,198,401$64,110,642$4,790,043,630