Can I retire at age 30 with 8,100,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $8,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$668,890$662,932$657,119$651,446$645,905$630,291
2 years$331,134$324,967$318,990$313,195$307,574$291,936
3 years$218,563$212,369$206,408$200,667$195,138$179,966
4 years$162,289$156,114$150,212$144,569$139,174$124,584
5 years$128,533$122,395$116,571$111,043$105,798$91,832
6 years$106,036$99,945$94,206$88,802$83,714$70,385
7 years$89,974$83,934$78,286$73,009$68,082$55,392
8 years$77,932$71,947$66,393$61,245$56,481$44,425
9 years$68,572$62,642$57,184$52,168$47,565$36,133
10 years$61,087$55,216$49,854$44,969$40,528$29,706
11 years$54,968$49,156$43,891$39,136$34,855$24,630
12 years$49,872$44,120$38,952$34,328$30,205$20,558
13 years$45,564$39,871$34,801$30,306$26,339$17,252
14 years$41,874$36,242$31,269$26,903$23,089$14,542
15 years$38,679$33,108$28,232$23,992$20,329$12,302
16 years$35,886$30,376$25,596$21,483$17,967$10,438
17 years$33,424$27,975$23,291$19,302$15,931$8,880
18 years$31,239$25,850$21,262$17,395$14,165$7,569
19 years$29,285$23,957$19,464$15,718$12,625$6,464
20 years$27,529$22,262$17,863$14,236$11,277$5,528
21 years$25,943$20,737$16,431$12,920$10,092$4,734
22 years$24,502$19,357$15,144$11,747$9,046$4,058
23 years$23,189$18,104$13,983$10,698$8,120$3,482
24 years$21,987$16,962$12,931$9,757$7,299$2,990
25 years$20,883$15,918$11,977$8,911$6,568$2,569
26 years$19,866$14,961$11,108$8,148$5,916$2,209
27 years$18,925$14,080$10,315$7,458$5,334$1,900
28 years$18,053$13,267$9,589$6,833$4,813$1,635
29 years$17,243$12,516$8,923$6,266$4,346$1,408
30 years$16,488$11,820$8,312$5,751$3,927$1,212
31 years$15,783$11,174$7,749$5,281$3,550$1,044
32 years$15,124$10,573$7,230$4,854$3,211$900
33 years$14,506$10,013$6,751$4,463$2,906$775
34 years$13,925$9,490$6,307$4,107$2,631$668
35 years$13,379$9,001$5,897$3,781$2,383$576
36 years$12,865$8,543$5,516$3,482$2,159$497
37 years$12,379$8,114$5,163$3,208$1,957$428
38 years$11,920$7,711$4,835$2,957$1,774$369
39 years$11,486$7,333$4,530$2,726$1,609$318
40 years$11,074$6,976$4,246$2,515$1,459$275
41 years$10,683$6,641$3,981$2,320$1,324$237
42 years$10,312$6,325$3,735$2,141$1,201$204
43 years$9,960$6,026$3,504$1,977$1,090$176
44 years$9,624$5,744$3,290$1,825$990$152
45 years$9,304$5,477$3,089$1,685$898$131
46 years$8,999$5,225$2,901$1,557$816$113
47 years$8,708$4,987$2,726$1,438$741$98
48 years$8,429$4,760$2,561$1,329$673$84
49 years$8,163$4,546$2,407$1,228$611$73
50 years$7,908$4,342$2,263$1,135$555$63

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $8,100,000, adding $6,448 every year, while hoping to spend $31,996 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: 73/9/18 Blend
29$8,100,000$8,100,000$8,100,000$8,100,000
30$8,932,851$8,503,551$8,378,001$9,546,937
31$9,809,958$8,886,182$8,624,621$10,337,992
32$10,775,458$9,286,489$8,878,430$11,199,798
33$11,838,333$9,705,305$9,139,635$12,143,065
34$13,008,480$10,143,501$9,408,450$13,175,876
35$14,296,805$10,601,993$9,685,093$14,307,132
36$15,715,325$11,081,737$9,969,789$15,546,632
37$17,277,282$11,583,736$10,262,771$16,905,168
38$18,997,267$12,109,041$10,564,276$18,394,619
39$20,891,358$12,658,754$10,874,549$20,028,071
40$22,977,272$13,234,028$11,193,842$21,819,932
41$25,274,531$13,836,073$11,522,413$23,786,069
42$27,804,649$14,466,156$11,860,530$25,943,957
43$30,591,330$15,125,605$12,208,464$28,312,844
44$33,660,697$15,815,810$12,566,499$30,913,926
45$37,041,534$16,538,231$12,934,923$33,770,553
46$40,765,562$17,294,396$13,314,034$36,908,440
47$44,867,732$18,085,904$13,704,137$40,355,914
48$49,386,563$18,914,436$14,105,548$44,144,178
49$54,364,497$19,781,748$14,518,589$48,307,603
50$59,848,307$20,689,684$14,943,592$52,884,049
51$65,889,532$21,640,177$15,380,900$57,915,225
52$72,544,968$22,635,249$15,830,864$63,447,078
53$79,877,202$23,677,023$16,293,845$69,530,224
54$87,955,202$24,767,723$16,770,214$76,220,424
55$96,854,969$25,909,678$17,260,353$83,579,109
56$106,660,256$27,105,332$17,764,655$91,673,958
57$117,463,353$28,357,244$18,283,522$100,579,533
58$129,365,964$29,668,098$18,817,369$110,377,981
59$142,480,164$31,040,707$19,366,622$121,159,806
60$156,929,457$32,478,017$19,931,720$133,024,723
61$172,849,941$33,983,120$20,513,113$146,082,593
62$190,391,596$35,559,254$21,111,263$160,454,460
63$209,719,695$37,209,814$21,726,647$176,273,690
64$231,016,367$38,938,358$22,359,753$193,687,225
65$254,482,316$40,748,617$23,011,083$212,856,969
66$280,338,713$42,644,499$23,681,155$233,961,311
67$308,829,287$44,630,106$24,370,500$257,196,808
68$340,222,625$46,709,731$25,079,662$282,780,034
69$374,814,705$48,887,880$25,809,203$310,949,620
70$412,931,692$51,169,273$26,559,698$341,968,509
71$454,933,017$53,558,860$27,331,741$376,126,424
72$501,214,770$56,061,829$28,125,939$413,742,607
73$552,213,436$58,683,619$28,942,918$455,168,826
74$608,410,022$61,429,932$29,783,321$500,792,685
75$670,334,591$64,306,745$30,647,808$551,041,290
76$738,571,267$67,320,324$31,537,058$606,385,262
77$813,763,755$70,477,238$32,451,769$667,343,186
78$896,621,411$73,784,376$33,392,656$734,486,495
79$987,925,941$77,248,956$34,360,455$808,444,859
80$1,088,538,780$80,878,549$35,355,925$889,912,125
81$1,199,409,228$84,681,090$36,379,840$979,652,858
82$1,321,583,406$88,664,899$37,433,001$1,078,509,558
83$1,456,214,135$92,838,701$38,516,228$1,187,410,597
84$1,604,571,818$97,211,639$39,630,363$1,307,378,988
85$1,768,056,436$101,793,301$40,776,273$1,439,542,023
86$1,948,210,761$106,593,742$41,954,847$1,585,141,917
87$2,146,734,923$111,623,500$43,166,999$1,745,547,522
88$2,365,502,460$116,893,626$44,413,668$1,922,267,242
89$2,606,578,004$122,415,707$45,695,819$2,116,963,266
90$2,872,236,773$128,201,889$47,014,441$2,331,467,246
91$3,164,986,053$134,264,911$48,370,554$2,567,797,587
92$3,487,588,865$140,618,126$49,765,203$2,828,178,484
93$3,843,090,052$147,275,537$51,199,460$3,115,060,914
94$4,234,845,025$154,251,826$52,674,429$3,431,145,762
95$4,666,551,439$161,562,386$54,191,243$3,779,409,309
96$5,142,284,101$169,223,359$55,751,066$4,163,131,315
97$5,666,533,444$177,251,668$57,355,091$4,585,925,974
98$6,244,247,915$185,665,060$59,004,547$5,051,776,020
99$6,880,880,697$194,482,142$60,700,693$5,565,070,309
100$7,582,441,186$203,722,425$62,444,825$6,130,645,247