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%18.3%
1 years$644,117$638,379$632,782$627,318$621,983$601,111
2 years$318,870$312,931$307,176$301,595$296,182$275,360
3 years$210,468$204,504$198,763$193,235$187,910$167,791
4 years$156,278$150,332$144,648$139,215$134,019$114,758
5 years$123,772$117,862$112,253$106,930$101,879$83,526
6 years$102,109$96,243$90,717$85,513$80,614$63,184
7 years$86,641$80,825$75,386$70,305$65,560$49,052
8 years$75,046$69,282$63,934$58,977$54,389$38,788
9 years$66,032$60,322$55,066$50,235$45,803$31,092
10 years$58,825$53,171$48,008$43,303$39,027$25,181
11 years$52,932$47,335$42,265$37,687$33,564$20,558
12 years$48,025$42,486$37,509$33,057$29,086$16,890
13 years$43,876$38,395$33,512$29,184$25,364$13,946
14 years$40,323$34,900$30,111$25,906$22,234$11,562
15 years$37,246$31,881$27,186$23,104$19,576$9,617
16 years$34,557$29,251$24,648$20,687$17,301$8,021
17 years$32,186$26,939$22,429$18,587$15,341$6,704
18 years$30,082$24,893$20,475$16,751$13,640$5,614
19 years$28,201$23,070$18,744$15,136$12,158$4,709
20 years$26,510$21,438$17,202$13,708$10,860$3,954
21 years$24,982$19,969$15,822$12,441$9,718$3,324
22 years$23,595$18,640$14,583$11,312$8,711$2,797
23 years$22,330$17,434$13,465$10,302$7,819$2,355
24 years$21,173$16,334$12,453$9,396$7,028$1,984
25 years$20,110$15,329$11,534$8,581$6,324$1,672
26 years$19,130$14,407$10,697$7,846$5,697$1,410
27 years$18,224$13,558$9,933$7,182$5,136$1,190
28 years$17,384$12,776$9,234$6,580$4,634$1,004
29 years$16,604$12,053$8,593$6,034$4,185$848
30 years$15,877$11,382$8,004$5,538$3,781$716
31 years$15,199$10,760$7,462$5,086$3,419$604
32 years$14,564$10,181$6,962$4,674$3,092$510
33 years$13,969$9,642$6,501$4,298$2,799$431
34 years$13,410$9,138$6,074$3,955$2,534$364
35 years$12,884$8,667$5,678$3,640$2,295$308
36 years$12,388$8,227$5,312$3,353$2,079$260
37 years$11,921$7,813$4,972$3,089$1,885$220
38 years$11,479$7,426$4,656$2,847$1,709$186
39 years$11,060$7,061$4,362$2,625$1,549$157
40 years$10,664$6,718$4,089$2,422$1,405$133
41 years$10,288$6,395$3,834$2,234$1,275$112
42 years$9,931$6,090$3,596$2,062$1,157$95
43 years$9,591$5,803$3,375$1,903$1,050$80
44 years$9,268$5,531$3,168$1,757$953$68
45 years$8,959$5,275$2,974$1,623$865$57
46 years$8,666$5,032$2,794$1,499$786$48
47 years$8,385$4,802$2,625$1,385$713$41
48 years$8,117$4,584$2,466$1,280$648$35
49 years$7,861$4,377$2,318$1,183$588$29
50 years$7,616$4,182$2,179$1,093$534$25

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 $5,765 every year, while hoping to spend $26,454 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: 55/19/26 Blend
29$7,800,000$7,800,000$7,800,000$7,800,000
30$8,601,547$8,188,147$8,067,247$9,012,686
31$9,450,757$8,561,219$8,309,353$9,669,333
32$10,385,701$8,951,685$8,558,682$10,380,889
33$11,415,095$9,360,370$8,815,450$11,155,324
34$12,548,543$9,788,136$9,079,876$11,998,689
35$13,796,630$10,235,891$9,352,188$12,917,641
36$15,171,018$10,704,581$9,632,618$13,919,501
37$16,684,558$11,195,202$9,921,407$15,012,321
38$18,351,412$11,708,795$10,218,803$16,204,957
39$20,187,183$12,246,453$10,525,059$17,507,154
40$22,209,066$12,809,320$10,840,439$18,929,633
41$24,436,009$13,398,595$11,165,213$20,484,188
42$26,888,891$14,015,536$11,499,657$22,183,801
43$29,590,721$14,661,459$11,844,058$24,042,755
44$32,566,850$15,337,747$12,198,709$26,076,772
45$35,845,218$16,045,846$12,563,915$28,303,154
46$39,456,611$16,787,272$12,939,987$30,740,949
47$43,434,953$17,563,617$13,327,245$33,411,121
48$47,817,631$18,376,547$13,726,020$36,336,749
49$52,645,839$19,227,808$14,136,652$39,543,243
50$57,964,976$20,119,231$14,559,490$43,058,577
51$63,825,065$21,052,736$14,994,895$46,913,551
52$70,281,236$22,030,333$15,443,238$51,142,077
53$77,394,235$23,054,133$15,904,900$55,781,498
54$85,231,006$24,126,344$16,380,273$60,872,935
55$93,865,318$25,249,285$16,869,761$66,461,669
56$103,378,464$26,425,383$17,373,782$72,597,569
57$113,860,025$27,657,185$17,892,761$79,335,551
58$125,408,720$28,947,359$18,427,141$86,736,100
59$138,133,333$30,298,703$18,977,374$94,865,830
60$152,153,744$31,714,151$19,543,927$103,798,109
61$167,602,057$33,196,775$20,127,280$113,613,748
62$184,623,851$34,749,801$20,727,927$124,401,756
63$203,379,548$36,376,605$21,346,377$136,260,179
64$224,045,934$38,080,732$21,983,153$149,297,010
65$246,817,825$39,865,893$22,638,794$163,631,213
66$271,909,903$41,735,981$23,313,854$179,393,833
67$299,558,748$43,695,079$24,008,903$196,729,227
68$330,025,067$45,747,465$24,724,528$215,796,421
69$363,596,158$47,897,625$25,461,334$236,770,601
70$400,588,618$50,150,261$26,219,941$259,844,763
71$441,351,338$52,510,305$27,000,990$285,231,524
72$486,268,790$54,982,925$27,805,138$313,165,119
73$535,764,659$57,573,541$28,633,063$343,903,608
74$590,305,846$60,287,836$29,485,462$377,731,297
75$650,406,869$63,131,766$30,363,052$414,961,417
76$716,634,726$66,111,579$31,266,570$455,939,069
77$789,614,244$69,233,823$32,196,777$501,044,471
78$870,033,981$72,505,365$33,154,453$550,696,535
79$958,652,722$75,933,403$34,140,402$605,356,814
80$1,056,306,646$79,525,486$35,155,452$665,533,840
81$1,163,917,218$83,289,528$36,200,453$731,787,922
82$1,282,499,888$87,233,829$37,276,282$804,736,412
83$1,413,173,678$91,367,088$38,383,839$885,059,527
84$1,557,171,747$95,698,429$39,524,052$973,506,753
85$1,715,853,031$100,237,418$40,697,873$1,070,903,903
86$1,890,715,074$104,994,085$41,906,286$1,178,160,901
87$2,083,408,163$109,978,947$43,150,298$1,296,280,356
88$2,295,750,913$115,203,033$44,430,950$1,426,367,006
89$2,529,747,429$120,677,904$45,749,310$1,569,638,133
90$2,787,606,233$126,415,687$47,106,478$1,727,435,033
91$3,071,761,108$132,429,095$48,503,584$1,901,235,661
92$3,384,894,080$138,731,460$49,941,794$2,092,668,564
93$3,729,960,736$145,336,761$51,422,303$2,303,528,230
94$4,110,218,125$152,259,657$52,946,345$2,535,792,011
95$4,529,255,512$159,515,519$54,515,186$2,791,638,764
96$4,991,028,260$167,120,464$56,130,130$3,073,469,398
97$5,499,895,171$175,091,396$57,792,518$3,383,929,513
98$6,060,659,641$183,446,037$59,503,730$3,725,934,350
99$6,678,615,005$192,202,973$61,265,185$4,102,696,287
100$7,359,594,510$201,381,693$63,078,343$4,517,755,131