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

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 $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%16.8%
1 years$668,890$662,932$657,119$651,446$645,905$627,999
2 years$331,134$324,967$318,990$313,195$307,574$289,668
3 years$218,563$212,369$206,408$200,667$195,138$177,791
4 years$162,289$156,114$150,212$144,569$139,174$122,521
5 years$128,533$122,395$116,571$111,043$105,798$89,884
6 years$106,036$99,945$94,206$88,802$83,714$68,555
7 years$89,974$83,934$78,286$73,009$68,082$53,678
8 years$77,932$71,947$66,393$61,245$56,481$42,823
9 years$68,572$62,642$57,184$52,168$47,565$34,641
10 years$61,087$55,216$49,854$44,969$40,528$28,321
11 years$54,968$49,156$43,891$39,136$34,855$23,346
12 years$49,872$44,120$38,952$34,328$30,205$19,371
13 years$45,564$39,871$34,801$30,306$26,339$16,158
14 years$41,874$36,242$31,269$26,903$23,089$13,536
15 years$38,679$33,108$28,232$23,992$20,329$11,379
16 years$35,886$30,376$25,596$21,483$17,967$9,594
17 years$33,424$27,975$23,291$19,302$15,931$8,108
18 years$31,239$25,850$21,262$17,395$14,165$6,866
19 years$29,285$23,957$19,464$15,718$12,625$5,824
20 years$27,529$22,262$17,863$14,236$11,277$4,947
21 years$25,943$20,737$16,431$12,920$10,092$4,207
22 years$24,502$19,357$15,144$11,747$9,046$3,581
23 years$23,189$18,104$13,983$10,698$8,120$3,051
24 years$21,987$16,962$12,931$9,757$7,299$2,601
25 years$20,883$15,918$11,977$8,911$6,568$2,219
26 years$19,866$14,961$11,108$8,148$5,916$1,894
27 years$18,925$14,080$10,315$7,458$5,334$1,618
28 years$18,053$13,267$9,589$6,833$4,813$1,382
29 years$17,243$12,516$8,923$6,266$4,346$1,181
30 years$16,488$11,820$8,312$5,751$3,927$1,010
31 years$15,783$11,174$7,749$5,281$3,550$863
32 years$15,124$10,573$7,230$4,854$3,211$738
33 years$14,506$10,013$6,751$4,463$2,906$631
34 years$13,925$9,490$6,307$4,107$2,631$540
35 years$13,379$9,001$5,897$3,781$2,383$462
36 years$12,865$8,543$5,516$3,482$2,159$395
37 years$12,379$8,114$5,163$3,208$1,957$338
38 years$11,920$7,711$4,835$2,957$1,774$289
39 years$11,486$7,333$4,530$2,726$1,609$248
40 years$11,074$6,976$4,246$2,515$1,459$212
41 years$10,683$6,641$3,981$2,320$1,324$181
42 years$10,312$6,325$3,735$2,141$1,201$155
43 years$9,960$6,026$3,504$1,977$1,090$133
44 years$9,624$5,744$3,290$1,825$990$114
45 years$9,304$5,477$3,089$1,685$898$97
46 years$8,999$5,225$2,901$1,557$816$83
47 years$8,708$4,987$2,726$1,438$741$71
48 years$8,429$4,760$2,561$1,329$673$61
49 years$8,163$4,546$2,407$1,228$611$52
50 years$7,908$4,342$2,263$1,135$555$45

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 $6,821 every year, while hoping to spend $50,967 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: 55/17/28 Blend
29$8,100,000$8,100,000$8,100,000$8,100,000
30$8,933,236$8,503,936$8,378,386$9,354,959
31$9,790,197$8,866,400$8,604,833$10,009,053
32$10,732,861$9,244,917$8,837,159$10,715,259
33$11,769,914$9,640,219$9,075,505$11,483,413
34$12,910,929$10,053,074$9,320,018$12,319,498
35$14,166,453$10,484,284$9,570,847$13,230,092
36$15,548,106$10,934,689$9,828,146$14,222,433
37$17,068,694$11,405,169$10,092,069$15,304,483
38$18,742,323$11,896,645$10,362,777$16,485,004
39$20,584,541$12,410,081$10,640,430$17,773,637
40$22,612,475$12,946,487$10,925,196$19,180,993
41$24,845,001$13,506,918$11,217,243$20,718,747
42$27,302,915$14,092,480$11,516,745$22,399,754
43$30,009,133$14,704,333$11,823,877$24,238,160
44$32,988,907$15,343,688$12,138,819$26,249,538
45$36,270,062$16,011,815$12,461,756$28,451,033
46$39,883,258$16,710,043$12,792,874$30,861,520
47$43,862,279$17,439,764$13,132,365$33,501,779
48$48,244,355$18,202,436$13,480,422$36,394,690
49$53,070,509$18,999,585$13,837,246$39,565,449
50$58,385,945$19,832,809$14,203,038$43,041,796
51$64,240,476$20,703,781$14,578,004$46,854,283
52$70,688,993$21,614,255$14,962,356$51,036,552
53$77,791,982$22,566,066$15,356,307$55,625,654
54$85,616,097$23,561,136$15,760,076$60,662,393
55$94,234,786$24,601,478$16,173,885$66,191,709
56$103,728,984$25,689,201$16,597,961$72,263,102
57$114,187,882$26,826,513$17,032,534$78,931,087
58$125,709,762$28,015,728$17,477,839$86,255,716
59$138,402,927$29,259,268$17,934,116$94,303,132
60$152,386,724$30,559,671$18,401,607$103,146,196
61$167,792,669$31,919,594$18,880,561$112,865,164
62$184,765,690$33,341,822$19,371,228$123,548,446
63$203,465,490$34,829,272$19,873,864$135,293,435
64$224,068,062$36,384,998$20,388,731$148,207,419
65$246,767,343$38,012,201$20,916,092$162,408,591
66$271,777,047$39,714,234$21,456,216$178,027,159
67$299,332,683$41,494,609$22,009,376$195,206,571
68$329,693,777$43,357,005$22,575,851$214,104,862
69$363,146,321$45,305,277$23,155,920$234,896,143
70$400,005,474$47,343,464$23,749,871$257,772,232
71$440,618,534$49,475,795$24,357,994$282,944,468
72$485,368,220$51,706,705$24,980,583$310,645,691
73$534,676,282$54,040,837$25,617,936$341,132,440
74$589,007,482$56,483,057$26,270,356$374,687,363
75$648,873,983$59,038,464$26,938,150$411,621,879
76$714,840,180$61,712,400$27,621,629$452,279,113
77$787,528,032$64,510,462$28,321,108$497,037,123
78$867,622,932$67,438,514$29,036,905$546,312,463
79$955,880,172$70,502,703$29,769,343$600,564,108
80$1,053,132,082$73,709,468$30,518,748$660,297,775
81$1,160,295,879$77,065,556$31,285,451$726,070,688
82$1,278,382,330$80,578,039$32,069,784$798,496,832
83$1,408,505,290$84,254,327$32,872,085$878,252,734
84$1,551,892,224$88,102,183$33,692,694$966,083,842
85$1,709,895,786$92,129,744$34,531,954$1,062,811,554
86$1,884,006,594$96,345,539$35,390,212$1,169,340,953
87$2,075,867,299$100,758,504$36,267,817$1,286,669,346
88$2,287,288,095$105,378,002$37,165,120$1,415,895,663
89$2,520,263,806$110,213,849$38,082,477$1,558,230,822
90$2,776,992,718$115,276,331$39,020,244$1,715,009,140
91$3,059,897,332$120,576,228$39,978,778$1,887,700,924
92$3,371,647,234$126,124,838$40,958,442$2,077,926,328
93$3,715,184,298$131,934,001$41,959,596$2,287,470,641
94$4,093,750,457$138,016,128$42,982,603$2,518,301,116
95$4,510,918,312$144,384,226$44,027,828$2,772,585,533
96$4,970,624,855$151,051,928$45,095,636$3,052,712,640
97$5,477,208,640$158,033,524$46,186,390$3,361,314,689
98$6,035,450,744$165,343,989$47,300,456$3,701,292,268
99$6,650,619,897$172,999,021$48,438,199$4,075,841,661
100$7,328,522,229$181,015,076$49,599,981$4,488,485,003