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%14.1%
1 years$668,890$662,932$657,119$651,446$645,905$634,944
2 years$331,134$324,967$318,990$313,195$307,574$296,564
3 years$218,563$212,369$206,408$200,667$195,138$184,422
4 years$162,289$156,114$150,212$144,569$139,174$128,836
5 years$128,533$122,395$116,571$111,043$105,798$95,866
6 years$106,036$99,945$94,206$88,802$83,714$74,201
7 years$89,974$83,934$78,286$73,009$68,082$58,990
8 years$77,932$71,947$66,393$61,245$56,481$47,807
9 years$68,572$62,642$57,184$52,168$47,565$39,306
10 years$61,087$55,216$49,854$44,969$40,528$32,676
11 years$54,968$49,156$43,891$39,136$34,855$27,402
12 years$49,872$44,120$38,952$34,328$30,205$23,140
13 years$45,564$39,871$34,801$30,306$26,339$19,653
14 years$41,874$36,242$31,269$26,903$23,089$16,770
15 years$38,679$33,108$28,232$23,992$20,329$14,365
16 years$35,886$30,376$25,596$21,483$17,967$12,345
17 years$33,424$27,975$23,291$19,302$15,931$10,638
18 years$31,239$25,850$21,262$17,395$14,165$9,188
19 years$29,285$23,957$19,464$15,718$12,625$7,952
20 years$27,529$22,262$17,863$14,236$11,277$6,894
21 years$25,943$20,737$16,431$12,920$10,092$5,985
22 years$24,502$19,357$15,144$11,747$9,046$5,202
23 years$23,189$18,104$13,983$10,698$8,120$4,527
24 years$21,987$16,962$12,931$9,757$7,299$3,943
25 years$20,883$15,918$11,977$8,911$6,568$3,437
26 years$19,866$14,961$11,108$8,148$5,916$2,998
27 years$18,925$14,080$10,315$7,458$5,334$2,617
28 years$18,053$13,267$9,589$6,833$4,813$2,285
29 years$17,243$12,516$8,923$6,266$4,346$1,996
30 years$16,488$11,820$8,312$5,751$3,927$1,745
31 years$15,783$11,174$7,749$5,281$3,550$1,526
32 years$15,124$10,573$7,230$4,854$3,211$1,334
33 years$14,506$10,013$6,751$4,463$2,906$1,167
34 years$13,925$9,490$6,307$4,107$2,631$1,021
35 years$13,379$9,001$5,897$3,781$2,383$894
36 years$12,865$8,543$5,516$3,482$2,159$782
37 years$12,379$8,114$5,163$3,208$1,957$685
38 years$11,920$7,711$4,835$2,957$1,774$600
39 years$11,486$7,333$4,530$2,726$1,609$525
40 years$11,074$6,976$4,246$2,515$1,459$460
41 years$10,683$6,641$3,981$2,320$1,324$403
42 years$10,312$6,325$3,735$2,141$1,201$353
43 years$9,960$6,026$3,504$1,977$1,090$309
44 years$9,624$5,744$3,290$1,825$990$271
45 years$9,304$5,477$3,089$1,685$898$237
46 years$8,999$5,225$2,901$1,557$816$208
47 years$8,708$4,987$2,726$1,438$741$182
48 years$8,429$4,760$2,561$1,329$673$160
49 years$8,163$4,546$2,407$1,228$611$140
50 years$7,908$4,342$2,263$1,135$555$123

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 $6,160 every year, while hoping to spend $41,730 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: 63/17/20 Blend
29$8,100,000$8,100,000$8,100,000$8,100,000
30$8,932,554$8,503,254$8,377,704$9,449,068
31$9,799,274$8,875,513$8,613,957$10,170,040
32$10,753,001$9,264,614$8,856,725$10,951,854
33$11,802,566$9,671,339$9,106,184$11,804,733
34$12,957,697$10,096,504$9,362,511$12,735,616
35$14,229,118$10,540,968$9,625,891$13,752,135
36$15,628,640$11,005,628$9,896,510$14,862,693
37$17,169,280$11,491,422$10,174,562$16,076,532
38$18,865,380$11,999,336$10,460,243$17,403,827
39$20,732,745$12,530,400$10,753,758$18,855,775
40$22,788,789$13,085,693$11,055,313$20,444,703
41$25,052,700$13,666,347$11,365,120$22,184,178
42$27,545,623$14,273,545$11,683,400$24,089,136
43$30,290,858$14,908,530$12,010,374$26,176,021
44$33,314,076$15,572,599$12,346,273$28,462,935
45$36,643,570$16,267,114$12,691,331$30,969,812
46$40,310,513$16,993,502$13,045,790$33,718,599
47$44,349,258$17,753,255$13,409,895$36,733,462
48$48,797,657$18,547,940$13,783,902$40,041,012
49$53,697,423$19,379,194$14,168,068$43,670,556
50$59,094,521$20,248,735$14,562,659$47,654,367
51$65,039,602$21,158,363$14,967,947$52,027,986
52$71,588,480$22,109,962$15,384,213$56,830,557
53$78,802,661$23,105,506$15,811,740$62,105,192
54$86,749,922$24,147,065$16,250,823$67,899,377
55$95,504,949$25,236,807$16,701,761$74,265,411
56$105,150,045$26,377,001$17,164,860$81,260,902
57$115,775,904$27,570,029$17,640,437$88,949,306
58$127,482,467$28,818,381$18,128,814$97,400,519
59$140,379,870$30,124,672$18,630,319$106,691,538
60$154,589,474$31,491,639$19,145,292$116,907,178
61$170,245,019$32,922,148$19,674,079$128,140,872
62$187,493,884$34,419,207$20,217,034$140,495,550
63$206,498,475$35,985,963$20,774,519$154,084,599
64$227,437,762$37,625,717$21,346,907$169,032,937
65$250,508,963$39,341,927$21,934,579$185,478,181
66$275,929,412$41,138,216$22,537,922$203,571,944
67$303,938,606$43,018,383$23,157,336$223,481,259
68$334,800,467$44,986,406$23,793,229$245,390,149
69$368,805,830$47,046,456$24,446,019$269,501,363
70$406,275,196$49,202,903$25,116,132$296,038,276
71$447,561,749$51,460,329$25,804,005$325,247,001
72$493,054,695$53,823,532$26,510,087$357,398,694
73$543,182,933$56,297,544$27,234,834$392,792,116
74$598,419,106$58,887,638$27,978,715$431,756,441
75$659,284,062$61,599,339$28,742,208$474,654,358
76$726,351,768$64,438,439$29,525,804$521,885,483
77$800,254,734$67,411,008$30,330,004$573,890,130
78$881,689,977$70,523,408$31,155,320$631,153,451
79$971,425,607$73,782,307$32,002,275$694,210,011
80$1,070,308,074$77,194,694$32,871,406$763,648,824
81$1,179,270,159$80,767,896$33,763,260$840,118,904
82$1,299,339,783$84,509,591$34,678,397$924,335,379
83$1,431,649,707$88,427,826$35,617,389$1,017,086,234
84$1,577,448,226$92,531,040$36,580,821$1,119,239,739
85$1,738,110,958$96,828,073$37,569,291$1,231,752,627
86$1,915,153,823$101,328,196$38,583,410$1,355,679,124
87$2,110,247,360$106,041,125$39,623,801$1,492,180,879
88$2,325,232,495$110,977,044$40,691,103$1,642,537,922
89$2,562,137,921$116,146,631$41,785,966$1,808,160,734
90$2,823,199,249$121,561,076$42,909,056$1,990,603,542
91$3,110,880,116$127,232,111$44,061,052$2,191,578,985
92$3,427,895,439$133,172,036$45,242,649$2,412,974,259
93$3,777,237,049$139,393,742$46,454,553$2,656,868,918
94$4,162,201,937$145,910,744$47,697,489$2,925,554,492
95$4,586,423,375$152,737,210$48,972,195$3,221,556,095
96$5,053,905,219$159,887,994$50,279,424$3,547,656,251
97$5,569,059,712$167,378,665$51,619,945$3,906,921,138
98$6,136,749,131$175,225,549$52,994,542$4,302,729,518
99$6,762,331,700$183,445,758$54,404,017$4,738,804,606
100$7,451,712,166$192,057,233$55,849,184$5,219,249,203