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%17.8%
1 years$644,117$638,379$632,782$627,318$621,983$602,314
2 years$318,870$312,931$307,176$301,595$296,182$276,545
3 years$210,468$204,504$198,763$193,235$187,910$168,920
4 years$156,278$150,332$144,648$139,215$134,019$115,821
5 years$123,772$117,862$112,253$106,930$101,879$84,523
6 years$102,109$96,243$90,717$85,513$80,614$64,114
7 years$86,641$80,825$75,386$70,305$65,560$49,915
8 years$75,046$69,282$63,934$58,977$54,389$39,588
9 years$66,032$60,322$55,066$50,235$45,803$31,830
10 years$58,825$53,171$48,008$43,303$39,027$25,860
11 years$52,932$47,335$42,265$37,687$33,564$21,181
12 years$48,025$42,486$37,509$33,057$29,086$17,459
13 years$43,876$38,395$33,512$29,184$25,364$14,465
14 years$40,323$34,900$30,111$25,906$22,234$12,034
15 years$37,246$31,881$27,186$23,104$19,576$10,045
16 years$34,557$29,251$24,648$20,687$17,301$8,408
17 years$32,186$26,939$22,429$18,587$15,341$7,054
18 years$30,082$24,893$20,475$16,751$13,640$5,929
19 years$28,201$23,070$18,744$15,136$12,158$4,992
20 years$26,510$21,438$17,202$13,708$10,860$4,208
21 years$24,982$19,969$15,822$12,441$9,718$3,551
22 years$23,595$18,640$14,583$11,312$8,711$2,999
23 years$22,330$17,434$13,465$10,302$7,819$2,535
24 years$21,173$16,334$12,453$9,396$7,028$2,145
25 years$20,110$15,329$11,534$8,581$6,324$1,815
26 years$19,130$14,407$10,697$7,846$5,697$1,537
27 years$18,224$13,558$9,933$7,182$5,136$1,302
28 years$17,384$12,776$9,234$6,580$4,634$1,103
29 years$16,604$12,053$8,593$6,034$4,185$935
30 years$15,877$11,382$8,004$5,538$3,781$793
31 years$15,199$10,760$7,462$5,086$3,419$672
32 years$14,564$10,181$6,962$4,674$3,092$570
33 years$13,969$9,642$6,501$4,298$2,799$484
34 years$13,410$9,138$6,074$3,955$2,534$410
35 years$12,884$8,667$5,678$3,640$2,295$348
36 years$12,388$8,227$5,312$3,353$2,079$295
37 years$11,921$7,813$4,972$3,089$1,885$251
38 years$11,479$7,426$4,656$2,847$1,709$213
39 years$11,060$7,061$4,362$2,625$1,549$180
40 years$10,664$6,718$4,089$2,422$1,405$153
41 years$10,288$6,395$3,834$2,234$1,275$130
42 years$9,931$6,090$3,596$2,062$1,157$110
43 years$9,591$5,803$3,375$1,903$1,050$94
44 years$9,268$5,531$3,168$1,757$953$79
45 years$8,959$5,275$2,974$1,623$865$67
46 years$8,666$5,032$2,794$1,499$786$57
47 years$8,385$4,802$2,625$1,385$713$49
48 years$8,117$4,584$2,466$1,280$648$41
49 years$7,861$4,377$2,318$1,183$588$35
50 years$7,616$4,182$2,179$1,093$534$30

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 $2,363 every year, while hoping to spend $41,877 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: 71/23/6 Blend
29$7,800,000$7,800,000$7,800,000$7,800,000
30$8,598,037$8,184,637$8,063,737$9,201,807
31$9,430,480$8,541,128$8,289,316$9,957,153
32$10,346,429$8,913,683$8,521,048$10,778,186
33$11,354,357$9,303,045$8,759,095$11,675,636
34$12,463,600$9,709,993$9,003,623$12,657,005
35$13,684,445$10,135,341$9,254,802$13,730,550
36$15,028,228$10,579,942$9,512,807$14,905,357
37$16,507,437$11,044,689$9,777,817$16,191,423
38$18,135,835$11,530,519$10,050,013$17,599,754
39$19,928,586$12,038,410$10,329,585$19,142,463
40$21,902,399$12,569,389$10,616,723$20,832,883
41$24,075,686$13,124,530$10,911,624$22,685,690
42$26,468,733$13,704,960$11,214,492$24,717,044
43$29,103,898$14,311,857$11,525,531$26,944,732
44$32,005,812$14,946,455$11,844,953$29,388,339
45$35,201,622$15,610,048$12,172,976$32,069,430
46$38,721,237$16,303,990$12,509,820$35,011,749
47$42,597,619$17,029,701$12,855,714$38,241,439
48$46,867,085$17,788,666$13,210,890$41,787,293
49$51,569,660$18,582,442$13,575,587$45,681,015
50$56,749,444$19,412,661$13,950,048$49,957,519
51$62,455,036$20,281,030$14,334,524$54,655,258
52$68,739,989$21,189,340$14,729,269$59,816,580
53$75,663,315$22,139,464$15,134,547$65,488,127
54$83,290,043$23,133,368$15,550,624$71,721,270
55$91,691,833$24,173,109$15,977,776$78,572,590
56$100,947,652$25,260,843$16,416,283$86,104,410
57$111,144,516$26,398,828$16,866,432$94,385,377
58$122,378,317$27,589,431$17,328,518$103,491,108
59$134,754,723$28,835,130$17,802,841$113,504,896
60$148,390,177$30,138,525$18,289,709$124,518,496
61$163,412,998$31,502,335$18,789,437$136,632,982
62$179,964,588$32,929,413$19,302,347$149,959,698
63$198,200,769$34,422,748$19,828,769$164,621,306
64$218,293,254$35,985,469$20,369,039$180,752,932
65$240,431,267$37,620,858$20,923,502$198,503,444
66$264,823,328$39,332,352$21,492,512$218,036,842
67$291,699,224$41,123,553$22,076,427$239,533,808
68$321,312,174$42,998,237$22,675,617$263,193,401
69$353,941,224$44,960,358$23,290,458$289,234,928
70$389,893,876$47,014,063$23,921,335$317,900,011
71$429,508,993$49,163,694$24,568,642$349,454,855
72$473,160,000$51,413,805$25,232,781$384,192,759
73$521,258,404$53,769,165$25,914,163$422,436,872
74$574,257,682$56,234,775$26,613,208$464,543,235
75$632,657,560$58,815,873$27,330,345$510,904,135
76$697,008,731$61,517,951$28,066,013$561,951,799
77$767,918,056$64,346,765$28,820,658$618,162,461
78$846,054,286$67,308,345$29,594,738$680,060,853
79$932,154,382$70,409,013$30,388,721$748,225,140
80$1,027,030,469$73,655,394$31,203,083$823,292,374
81$1,131,577,501$77,054,433$32,038,311$905,964,491
82$1,246,781,714$80,613,407$32,894,901$997,014,928
83$1,373,729,929$84,339,945$33,773,362$1,097,295,912
84$1,513,619,823$88,242,043$34,674,210$1,207,746,486
85$1,667,771,222$92,328,081$35,597,973$1,329,401,367
86$1,837,638,573$96,606,843$36,545,192$1,463,400,696
87$2,024,824,667$101,087,537$37,516,415$1,611,000,784
88$2,231,095,771$105,779,815$38,512,203$1,773,585,959
89$2,458,398,306$110,693,792$39,533,128$1,952,681,616
90$2,708,877,218$115,840,073$40,579,773$2,149,968,599
91$2,984,896,232$121,229,774$41,652,732$2,367,299,053
92$3,289,060,161$126,874,547$42,752,613$2,606,713,886
93$3,624,239,504$132,786,605$43,880,031$2,870,462,018
94$3,993,597,538$138,978,754$45,035,617$3,161,021,592
95$4,400,620,188$145,464,415$46,220,012$3,481,123,342
96$4,849,148,934$152,257,657$47,433,869$3,833,776,356
97$5,343,417,074$159,373,231$48,677,852$4,222,296,451
98$5,888,089,695$166,826,599$49,952,640$4,650,337,459
99$6,488,307,713$174,633,971$51,258,922$5,121,925,688
100$7,149,736,403$182,812,339$52,597,399$5,641,497,909