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%11.8%
1 years$668,890$662,932$657,119$651,446$645,905$641,029
2 years$331,134$324,967$318,990$313,195$307,574$302,658
3 years$218,563$212,369$206,408$200,667$195,138$190,334
4 years$162,289$156,114$150,212$144,569$139,174$134,519
5 years$128,533$122,395$116,571$111,043$105,798$101,306
6 years$106,036$99,945$94,206$88,802$83,714$79,391
7 years$89,974$83,934$78,286$73,009$68,082$63,930
8 years$77,932$71,947$66,393$61,245$56,481$52,499
9 years$68,572$62,642$57,184$52,168$47,565$43,753
10 years$61,087$55,216$49,854$44,969$40,528$36,883
11 years$54,968$49,156$43,891$39,136$34,855$31,376
12 years$49,872$44,120$38,952$34,328$30,205$26,887
13 years$45,564$39,871$34,801$30,306$26,339$23,180
14 years$41,874$36,242$31,269$26,903$23,089$20,084
15 years$38,679$33,108$28,232$23,992$20,329$17,474
16 years$35,886$30,376$25,596$21,483$17,967$15,258
17 years$33,424$27,975$23,291$19,302$15,931$13,363
18 years$31,239$25,850$21,262$17,395$14,165$11,734
19 years$29,285$23,957$19,464$15,718$12,625$10,326
20 years$27,529$22,262$17,863$14,236$11,277$9,105
21 years$25,943$20,737$16,431$12,920$10,092$8,042
22 years$24,502$19,357$15,144$11,747$9,046$7,113
23 years$23,189$18,104$13,983$10,698$8,120$6,300
24 years$21,987$16,962$12,931$9,757$7,299$5,586
25 years$20,883$15,918$11,977$8,911$6,568$4,958
26 years$19,866$14,961$11,108$8,148$5,916$4,404
27 years$18,925$14,080$10,315$7,458$5,334$3,915
28 years$18,053$13,267$9,589$6,833$4,813$3,483
29 years$17,243$12,516$8,923$6,266$4,346$3,100
30 years$16,488$11,820$8,312$5,751$3,927$2,761
31 years$15,783$11,174$7,749$5,281$3,550$2,460
32 years$15,124$10,573$7,230$4,854$3,211$2,193
33 years$14,506$10,013$6,751$4,463$2,906$1,956
34 years$13,925$9,490$6,307$4,107$2,631$1,744
35 years$13,379$9,001$5,897$3,781$2,383$1,556
36 years$12,865$8,543$5,516$3,482$2,159$1,389
37 years$12,379$8,114$5,163$3,208$1,957$1,240
38 years$11,920$7,711$4,835$2,957$1,774$1,107
39 years$11,486$7,333$4,530$2,726$1,609$989
40 years$11,074$6,976$4,246$2,515$1,459$883
41 years$10,683$6,641$3,981$2,320$1,324$789
42 years$10,312$6,325$3,735$2,141$1,201$705
43 years$9,960$6,026$3,504$1,977$1,090$630
44 years$9,624$5,744$3,290$1,825$990$563
45 years$9,304$5,477$3,089$1,685$898$503
46 years$8,999$5,225$2,901$1,557$816$450
47 years$8,708$4,987$2,726$1,438$741$402
48 years$8,429$4,760$2,561$1,329$673$359
49 years$8,163$4,546$2,407$1,228$611$321
50 years$7,908$4,342$2,263$1,135$555$287

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 $2,994 every year, while hoping to spend $55,062 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: 62/33/5 Blend
29$8,100,000$8,100,000$8,100,000$8,100,000
30$8,929,288$8,499,988$8,374,438$9,475,787
31$9,781,490$8,857,902$8,596,396$10,198,415
32$10,718,771$9,231,508$8,823,945$10,980,042
33$11,749,751$9,621,518$9,057,212$11,831,667
34$12,883,928$10,028,674$9,296,331$12,760,042
35$14,131,765$10,453,756$9,541,434$13,772,595
36$15,504,792$10,897,577$9,792,660$14,877,491
37$17,015,713$11,360,991$10,050,146$16,083,713
38$18,678,526$11,844,888$10,314,036$17,401,141
39$20,508,652$12,350,205$10,584,472$18,840,642
40$22,523,086$12,877,916$10,861,604$20,414,175
41$24,740,552$13,429,046$11,145,579$22,134,893
42$27,181,684$14,004,664$11,436,551$24,017,274
43$29,869,215$14,605,892$11,734,675$26,077,246
44$32,828,197$15,233,903$12,040,109$28,332,340
45$36,086,233$15,889,924$12,353,013$30,801,849
46$39,673,741$16,575,242$12,673,550$33,507,008
47$43,624,235$17,291,202$13,001,887$36,471,193
48$47,974,648$18,039,212$13,338,191$39,720,132
49$52,765,677$18,820,748$13,682,636$43,282,152
50$58,042,166$19,637,355$14,035,394$47,188,435
51$63,853,530$20,490,648$14,396,643$51,473,313
52$70,254,222$21,382,322$14,766,562$56,174,586
53$77,304,245$22,314,147$15,145,333$61,333,874
54$85,069,718$23,287,982$15,533,143$66,997,005
55$93,623,504$24,305,767$15,930,178$73,214,442
56$103,045,892$25,369,540$16,336,629$80,041,759
57$113,425,356$26,481,430$16,752,689$87,540,152
58$124,859,392$27,643,670$17,178,554$95,777,017
59$137,455,435$28,858,596$17,614,421$104,826,578
60$151,331,878$30,128,655$18,060,492$114,770,582
61$166,619,181$31,456,411$18,516,971$125,699,065
62$183,461,110$32,844,548$18,984,062$137,711,192
63$202,016,090$34,295,876$19,461,974$150,916,190
64$222,458,698$35,813,341$19,950,917$165,434,368
65$244,981,317$37,400,027$20,451,104$181,398,249
66$269,795,945$39,059,162$20,962,751$198,953,808
67$297,136,202$40,794,132$21,486,073$218,261,844
68$327,259,528$42,608,478$22,021,290$239,499,493
69$360,449,620$44,505,913$22,568,623$262,861,881
70$397,019,104$46,490,326$23,128,295$288,563,967
71$437,312,490$48,565,789$23,700,530$316,842,555
72$481,709,421$50,736,569$24,285,555$347,958,521
73$530,628,256$53,007,136$24,883,595$382,199,266
74$584,530,024$55,382,171$25,494,882$419,881,414
75$643,922,769$57,866,581$26,119,643$461,353,794
76$709,366,351$60,465,502$26,758,110$507,000,714
77$781,477,727$63,184,320$27,410,515$557,245,581
78$860,936,778$66,028,674$28,077,090$612,554,881
79$948,492,724$69,004,474$28,758,067$673,442,571
80$1,044,971,199$72,117,910$29,453,679$740,474,911
81$1,151,282,043$75,375,470$30,164,160$814,275,800
82$1,268,427,893$78,783,949$30,889,740$895,532,643
83$1,397,513,644$82,350,469$31,630,653$985,002,828
84$1,539,756,884$86,082,490$32,387,128$1,083,520,855
85$1,696,499,386$89,987,831$33,159,396$1,192,006,195
86$1,869,219,772$94,074,684$33,947,685$1,311,471,951
87$2,059,547,477$98,351,632$34,752,221$1,443,034,402
88$2,269,278,129$102,827,671$35,573,229$1,587,923,518
89$2,500,390,495$107,512,225$36,410,930$1,747,494,548
90$2,755,065,173$112,415,170$37,265,543$1,923,240,794
91$3,035,705,165$117,546,858$38,137,283$2,116,807,678
92$3,344,958,571$122,918,134$39,026,361$2,330,008,255
93$3,685,743,587$128,540,364$39,932,986$2,564,840,299
94$4,061,276,051$134,425,459$40,857,359$2,823,505,133
95$4,475,099,804$140,585,903$41,799,676$3,108,428,385
96$4,931,120,148$147,034,776$42,760,129$3,422,282,852
97$5,433,640,712$153,785,790$43,738,903$3,768,013,702
98$5,987,404,083$160,853,311$44,736,175$4,148,866,245
99$6,597,636,576$168,252,400$45,752,113$4,568,416,530
100$7,270,097,578$175,998,839$46,786,880$5,030,605,074