Can I retire at age 30 with 7,900,000?

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 $7,900,000?

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 years$652,375$646,564$640,894$635,360$629,957$616,986
2 years$322,958$316,943$311,114$305,462$299,980$286,970
3 years$213,166$207,126$201,311$195,712$190,319$177,678
4 years$158,282$152,259$146,503$141,000$135,737$123,561
5 years$125,359$119,373$113,692$108,301$103,185$91,509
6 years$103,418$97,477$91,880$86,609$81,647$70,483
7 years$87,752$81,861$76,353$71,206$66,401$55,751
8 years$76,008$70,170$64,753$59,733$55,086$44,947
9 years$66,878$61,096$55,772$50,879$46,390$36,756
10 years$59,579$53,853$48,623$43,859$39,527$30,388
11 years$53,611$47,942$42,807$38,170$33,994$25,339
12 years$48,641$43,030$37,990$33,480$29,459$21,274
13 years$44,439$38,887$33,942$29,558$25,689$17,961
14 years$40,840$35,347$30,497$26,238$22,519$15,232
15 years$37,724$32,290$27,535$23,400$19,827$12,967
16 years$35,000$29,626$24,964$20,952$17,523$11,073
17 years$32,599$27,284$22,716$18,825$15,537$9,481
18 years$30,467$25,212$20,737$16,965$13,815$8,136
19 years$28,562$23,366$18,984$15,330$12,314$6,994
20 years$26,850$21,713$17,422$13,884$10,999$6,023
21 years$25,302$20,225$16,025$12,601$9,843$5,193
22 years$23,897$18,879$14,770$11,457$8,823$4,483
23 years$22,617$17,657$13,637$10,434$7,920$3,874
24 years$21,444$16,544$12,612$9,516$7,118$3,350
25 years$20,367$15,525$11,681$8,691$6,405$2,899
26 years$19,375$14,591$10,834$7,947$5,770$2,511
27 years$18,458$13,732$10,060$7,274$5,202$2,176
28 years$17,607$12,940$9,352$6,664$4,694$1,886
29 years$16,817$12,207$8,703$6,111$4,238$1,636
30 years$16,081$11,528$8,107$5,609$3,830$1,419
31 years$15,394$10,898$7,558$5,151$3,462$1,232
32 years$14,751$10,312$7,051$4,734$3,132$1,069
33 years$14,148$9,765$6,584$4,353$2,834$928
34 years$13,582$9,255$6,152$4,005$2,566$806
35 years$13,049$8,779$5,751$3,687$2,324$700
36 years$12,547$8,332$5,380$3,396$2,106$608
37 years$12,073$7,914$5,036$3,129$1,909$528
38 years$11,626$7,521$4,716$2,884$1,730$459
39 years$11,202$7,152$4,418$2,659$1,569$399
40 years$10,801$6,804$4,141$2,453$1,423$347
41 years$10,420$6,477$3,883$2,263$1,291$301
42 years$10,058$6,168$3,642$2,088$1,172$262
43 years$9,714$5,877$3,418$1,928$1,063$228
44 years$9,386$5,602$3,208$1,780$965$198
45 years$9,074$5,342$3,013$1,644$876$172
46 years$8,777$5,096$2,829$1,518$796$150
47 years$8,493$4,863$2,658$1,403$722$130
48 years$8,221$4,643$2,498$1,296$656$113
49 years$7,962$4,434$2,348$1,198$596$98
50 years$7,713$4,235$2,207$1,107$541$85

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $7,900,000, adding $3,850 every year, while hoping to spend $55,535 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: 46/36/18 Blend
29$7,900,000$7,900,000$7,900,000$7,900,000
30$8,709,771$8,291,071$8,168,621$9,065,526
31$9,539,079$8,638,245$8,383,181$9,661,391
32$10,451,115$9,000,569$8,603,068$10,301,585
33$11,454,259$9,378,727$8,828,400$10,994,961
34$12,557,743$9,773,434$9,059,301$11,746,490
35$13,771,739$10,185,439$9,295,895$12,561,637
36$15,107,456$10,615,525$9,538,307$13,446,401
37$16,577,243$11,064,512$9,786,666$14,407,376
38$18,194,706$11,533,257$10,041,104$15,451,809
39$19,974,837$12,022,658$10,301,752$16,587,662
40$21,934,157$12,533,655$10,568,747$17,823,690
41$24,090,867$13,067,229$10,842,226$19,169,517
42$26,465,022$13,624,411$11,122,328$20,635,725
43$29,078,724$14,206,276$11,409,195$22,233,949
44$31,956,323$14,813,953$11,702,972$23,976,986
45$35,124,651$15,448,620$12,003,805$25,878,912
46$38,613,275$16,111,512$12,311,842$27,955,207
47$42,454,775$16,803,922$12,627,235$30,222,903
48$46,685,051$17,527,203$12,950,136$32,700,740
49$51,343,662$18,282,772$13,280,701$35,409,333
50$56,474,198$19,072,110$13,619,087$38,371,370
51$62,124,694$19,896,771$13,965,454$41,611,815
52$68,348,079$20,758,379$14,319,963$45,158,145
53$75,202,679$21,658,636$14,682,778$49,040,599
54$82,752,766$22,599,323$15,054,065$53,292,460
55$91,069,163$23,582,305$15,433,991$57,950,368
56$100,229,915$24,609,535$15,822,727$63,054,652
57$110,321,022$25,683,058$16,220,444$68,649,714
58$121,437,254$26,805,014$16,627,316$74,784,434
59$133,683,040$27,977,647$17,043,518$81,512,631
60$147,173,461$29,203,303$17,469,227$88,893,559
61$162,035,330$30,484,440$17,904,622$96,992,466
62$178,408,390$31,823,634$18,349,883$105,881,196
63$196,446,634$33,223,580$18,805,192$115,638,863
64$216,319,757$34,687,102$19,270,732$126,352,590
65$238,214,759$36,217,157$19,746,689$138,118,322
66$262,337,709$37,816,842$20,233,247$151,041,725
67$288,915,688$39,489,400$20,730,594$165,239,169
68$318,198,937$41,238,229$21,238,917$180,838,826
69$350,463,213$43,066,887$21,758,406$197,981,862
70$386,012,397$44,979,101$22,289,248$216,823,762
71$425,181,358$46,978,774$22,831,635$237,535,789
72$468,339,119$49,069,995$23,385,757$260,306,587
73$515,892,332$51,257,048$23,951,803$285,343,951
74$568,289,126$53,544,420$24,529,964$312,876,775
75$626,023,329$55,936,809$25,120,431$343,157,203
76$689,639,136$58,439,140$25,723,392$376,462,991
77$759,736,241$61,056,570$26,339,038$413,100,121
78$836,975,498$63,794,503$26,967,557$453,405,668
79$922,085,163$66,658,598$27,609,134$497,750,974
80$1,015,867,766$69,654,786$28,263,957$546,545,131
81$1,119,207,688$72,789,280$28,932,209$600,238,829
82$1,233,079,505$76,068,588$29,614,071$659,328,595
83$1,358,557,196$79,499,530$30,309,724$724,361,459
84$1,496,824,275$83,089,251$31,019,344$795,940,098
85$1,649,184,964$86,845,238$31,743,105$874,728,510
86$1,817,076,508$90,775,333$32,481,178$961,458,258
87$2,002,082,743$94,887,755$33,233,728$1,056,935,354
88$2,205,949,043$99,191,115$34,000,918$1,162,047,846
89$2,430,598,802$103,694,436$34,782,906$1,277,774,179
90$2,678,151,590$108,407,174$35,579,843$1,405,192,405
91$2,950,943,161$113,339,234$36,391,877$1,545,490,333
92$3,251,547,505$118,500,999$37,219,147$1,699,976,718
93$3,582,801,150$123,903,347$38,061,787$1,870,093,585
94$3,947,829,933$129,557,677$38,919,923$2,057,429,816
95$4,350,078,520$135,475,936$39,793,674$2,263,736,111
96$4,793,342,915$141,670,643$40,683,148$2,490,941,492
97$5,281,806,304$148,154,916$41,588,445$2,741,171,474
98$5,820,078,545$154,942,505$42,509,656$3,016,768,094
99$6,413,239,686$162,047,818$43,446,859$3,320,311,987
100$7,066,887,928$169,485,955$44,400,123$3,654,646,710