Can I retire at age 30 with 8,500,000?

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 $8,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$701,922$695,670$689,570$683,616$677,802$667,949
2 years$347,486$341,015$334,743$328,661$322,763$312,857
3 years$229,356$222,857$216,601$210,577$204,774$195,123
4 years$170,303$163,823$157,630$151,709$146,047$136,725
5 years$134,880$128,439$122,327$116,527$111,022$102,057
6 years$111,273$104,880$98,859$93,187$87,848$79,249
7 years$94,417$88,078$82,152$76,614$71,444$63,215
8 years$81,781$75,500$69,671$64,270$59,270$51,409
9 years$71,958$65,736$60,008$54,744$49,914$42,418
10 years$64,104$57,943$52,316$47,190$42,529$35,393
11 years$57,683$51,583$46,058$41,069$36,576$29,792
12 years$52,335$46,298$40,876$36,023$31,696$25,256
13 years$47,814$41,840$36,520$31,803$27,640$21,535
14 years$43,942$38,032$32,813$28,231$24,229$18,449
15 years$40,589$34,743$29,626$25,177$21,333$15,869
16 years$37,658$31,876$26,860$22,544$18,854$13,695
17 years$35,075$29,356$24,442$20,255$16,717$11,852
18 years$32,781$27,126$22,312$18,254$14,864$10,281
19 years$30,731$25,141$20,426$16,494$13,249$8,937
20 years$28,889$23,362$18,746$14,939$11,834$7,782
21 years$27,224$21,761$17,242$13,558$10,590$6,787
22 years$25,712$20,313$15,892$12,327$9,493$5,927
23 years$24,334$18,998$14,673$11,226$8,521$5,181
24 years$23,073$17,800$13,570$10,239$7,659$4,534
25 years$21,914$16,704$12,569$9,351$6,892$3,971
26 years$20,847$15,699$11,657$8,550$6,208$3,480
27 years$19,860$14,775$10,824$7,826$5,597$3,052
28 years$18,945$13,922$10,063$7,170$5,050$2,679
29 years$18,094$13,134$9,364$6,575$4,560$2,352
30 years$17,302$12,404$8,722$6,035$4,121$2,066
31 years$16,563$11,726$8,132$5,542$3,725$1,815
32 years$15,871$11,095$7,587$5,093$3,370$1,595
33 years$15,222$10,507$7,084$4,684$3,050$1,403
34 years$14,613$9,958$6,619$4,310$2,761$1,233
35 years$14,040$9,445$6,188$3,967$2,501$1,085
36 years$13,500$8,965$5,789$3,654$2,266$955
37 years$12,990$8,515$5,418$3,366$2,054$840
38 years$12,509$8,092$5,074$3,103$1,862$739
39 years$12,053$7,695$4,754$2,861$1,688$651
40 years$11,621$7,321$4,456$2,639$1,531$573
41 years$11,211$6,969$4,178$2,435$1,389$504
42 years$10,822$6,637$3,919$2,247$1,261$444
43 years$10,452$6,324$3,678$2,074$1,144$391
44 years$10,099$6,028$3,452$1,915$1,039$344
45 years$9,763$5,748$3,241$1,769$943$303
46 years$9,443$5,483$3,044$1,634$856$267
47 years$9,138$5,233$2,860$1,509$777$235
48 years$8,846$4,995$2,688$1,395$706$207
49 years$8,566$4,770$2,526$1,289$641$182
50 years$8,299$4,557$2,375$1,191$582$161

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $8,500,000, adding $5,200 every year, while hoping to spend $49,736 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: 75/16/9 Blend
29$8,500,000$8,500,000$8,500,000$8,500,000
30$9,372,364$8,921,864$8,790,114$10,060,848
31$10,275,426$9,306,116$9,031,664$10,899,281
32$11,268,934$9,707,530$9,279,639$11,811,000
33$12,362,060$10,126,894$9,534,202$12,808,683
34$13,564,912$10,565,033$9,795,519$13,900,838
35$14,888,624$11,022,812$10,063,761$15,096,831
36$16,345,469$11,501,134$10,339,101$16,406,970
37$17,948,965$12,000,948$10,621,719$17,842,606
38$19,714,009$12,523,245$10,911,797$19,416,235
39$21,657,017$13,069,063$11,209,521$21,141,615
40$23,796,076$13,639,490$11,515,083$23,033,895
41$26,151,115$14,235,664$11,828,678$25,109,758
42$28,744,095$14,858,778$12,150,504$27,387,573
43$31,599,214$15,510,079$12,480,768$29,887,568
44$34,743,137$16,190,876$12,819,676$32,632,019
45$38,205,245$16,902,537$13,167,444$35,645,463
46$42,017,915$17,646,496$13,524,288$38,954,917
47$46,216,822$18,424,255$13,890,432$42,590,142
48$50,841,281$19,237,386$14,266,104$46,583,915
49$55,934,610$20,087,536$14,651,537$50,972,339
50$61,544,545$20,976,431$15,046,969$55,795,178
51$67,723,689$21,905,876$15,452,642$61,096,235
52$74,530,006$22,877,765$15,868,807$66,923,758
53$82,027,370$23,894,079$16,295,715$73,330,895
54$90,286,167$24,956,894$16,733,627$80,376,195
55$99,383,960$26,068,386$17,182,807$88,124,151
56$109,406,219$27,230,831$17,643,526$96,645,813
57$120,447,128$28,446,617$18,116,059$106,019,451
58$132,610,477$29,718,243$18,600,689$116,331,292
59$146,010,636$31,048,327$19,097,702$127,676,331
60$160,773,639$32,439,613$19,607,393$140,159,222
61$177,038,371$33,894,975$20,130,062$153,895,265
62$194,957,878$35,417,423$20,666,012$169,011,486
63$214,700,816$37,010,110$21,215,558$185,647,838
64$236,453,036$38,676,343$21,779,016$203,958,511
65$260,419,344$40,419,581$22,356,711$224,113,389
66$286,825,430$42,243,454$22,948,974$246,299,645
67$315,920,001$44,151,761$23,556,142$270,723,506
68$347,977,128$46,148,484$24,178,559$297,612,190
69$383,298,830$48,237,794$24,816,576$327,216,050
70$422,217,929$50,424,064$25,470,550$359,810,931
71$465,101,188$52,711,874$26,140,844$395,700,766
72$512,352,776$55,106,023$26,827,829$435,220,441
73$564,418,081$57,611,540$27,531,883$478,738,949
74$621,787,915$60,233,695$28,253,391$526,662,866
75$685,003,146$62,978,010$28,992,743$579,440,184
76$754,659,806$65,850,272$29,750,339$637,564,532
77$831,414,715$68,856,544$30,526,585$701,579,827
78$915,991,683$72,003,181$31,321,892$772,085,404
79$1,009,188,340$75,296,843$32,136,681$849,741,663
80$1,111,883,670$78,744,507$32,971,379$935,276,294
81$1,225,046,304$82,353,488$33,826,420$1,029,491,139
82$1,349,743,668$86,131,449$34,702,245$1,133,269,755
83$1,487,152,055$90,086,424$35,599,304$1,247,585,738
84$1,638,567,737$94,226,830$36,518,052$1,373,511,912
85$1,805,419,192$98,561,491$37,458,953$1,512,230,441
86$1,989,280,598$103,099,652$38,422,476$1,665,043,977
87$2,191,886,690$107,851,006$39,409,100$1,833,387,952
88$2,415,149,137$112,825,710$40,419,310$2,018,844,110
89$2,661,174,588$118,034,409$41,453,596$2,223,155,431
90$2,932,284,563$123,488,262$42,512,459$2,448,242,570
91$3,231,037,366$129,198,964$43,596,403$2,696,221,977
92$3,560,252,237$135,178,774$44,705,943$2,969,425,859
93$3,923,035,971$141,440,540$45,841,598$3,270,424,189
94$4,322,812,243$147,997,729$47,003,894$3,602,048,943
95$4,763,353,933$154,864,459$48,193,366$3,967,420,828
96$5,248,818,742$162,055,525$49,410,552$4,369,978,718
97$5,783,788,448$169,586,440$50,655,999$4,813,512,107
98$6,373,312,154$177,473,460$51,930,260$5,302,196,860
99$7,022,953,963$185,733,629$53,233,893$5,840,634,623
100$7,738,845,502$194,384,811$54,567,462$6,433,896,236