Can I retire at age 30 with 8,600,000?

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 $8,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$710,180$703,854$697,682$691,658$685,776$658,567
2 years$351,574$345,026$338,681$332,528$326,560$299,485
3 years$232,055$225,479$219,149$213,054$207,183$181,094
4 years$172,307$165,751$159,484$153,493$147,765$122,860
5 years$136,467$129,951$123,766$117,898$112,328$88,672
6 years$112,582$106,114$100,022$94,284$88,882$66,489
7 years$95,528$89,115$83,118$77,516$72,285$51,147
8 years$82,743$76,388$70,491$65,026$59,967$40,063
9 years$72,804$66,509$60,714$55,388$50,501$31,800
10 years$64,858$58,625$52,932$47,745$43,029$25,495
11 years$58,361$52,190$46,600$41,552$37,007$20,599
12 years$52,951$46,843$41,357$36,447$32,069$16,743
13 years$48,376$42,332$36,949$32,177$27,965$13,674
14 years$44,459$38,479$33,199$28,563$24,514$11,211
15 years$41,066$35,151$29,974$25,473$21,584$9,219
16 years$38,101$32,251$27,176$22,809$19,076$7,600
17 years$35,488$29,702$24,729$20,493$16,914$6,278
18 years$33,167$27,446$22,575$18,469$15,039$5,195
19 years$31,093$25,436$20,666$16,688$13,405$4,305
20 years$29,229$23,637$18,966$15,114$11,973$3,571
21 years$27,544$22,017$17,445$13,717$10,715$2,965
22 years$26,015$20,552$16,078$12,472$9,604$2,463
23 years$24,621$19,222$14,846$11,359$8,621$2,048
24 years$23,344$18,009$13,730$10,360$7,749$1,704
25 years$22,172$16,901$12,716$9,461$6,973$1,418
26 years$21,092$15,884$11,794$8,651$6,281$1,180
27 years$20,093$14,949$10,952$7,918$5,663$983
28 years$19,168$14,086$10,181$7,255$5,110$819
29 years$18,307$13,289$9,474$6,653$4,614$682
30 years$17,506$12,550$8,825$6,106$4,169$569
31 years$16,758$11,864$8,227$5,607$3,769$474
32 years$16,058$11,225$7,676$5,153$3,409$395
33 years$15,401$10,631$7,167$4,739$3,086$329
34 years$14,785$10,076$6,697$4,360$2,794$274
35 years$14,205$9,556$6,261$4,014$2,530$229
36 years$13,659$9,070$5,857$3,697$2,293$191
37 years$13,143$8,615$5,482$3,406$2,078$159
38 years$12,656$8,187$5,134$3,139$1,884$133
39 years$12,195$7,785$4,810$2,895$1,708$111
40 years$11,758$7,407$4,508$2,670$1,549$92
41 years$11,343$7,051$4,227$2,463$1,406$77
42 years$10,949$6,715$3,965$2,273$1,276$64
43 years$10,575$6,398$3,721$2,099$1,158$54
44 years$10,218$6,099$3,493$1,938$1,051$45
45 years$9,878$5,816$3,279$1,790$954$37
46 years$9,554$5,548$3,080$1,653$866$31
47 years$9,245$5,294$2,894$1,527$786$26
48 years$8,950$5,054$2,719$1,411$714$22
49 years$8,667$4,826$2,556$1,304$649$18
50 years$8,397$4,610$2,403$1,205$589$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $8,600,000, adding $5,743 every year, while hoping to spend $49,903 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: 73/7/20 Blend
29$8,600,000$8,600,000$8,600,000$8,600,000
30$9,483,124$9,027,324$8,894,024$10,129,564
31$10,397,306$9,416,566$9,138,877$10,949,173
32$11,403,062$9,823,209$9,390,261$11,840,226
33$12,509,681$10,248,052$9,648,340$12,815,143
34$13,727,394$10,691,933$9,913,286$13,882,254
35$15,067,479$11,155,728$10,185,272$15,050,730
36$16,542,359$11,640,356$10,464,476$16,330,670
37$18,165,724$12,146,778$10,751,080$17,733,194
38$19,952,657$12,676,000$11,045,270$19,270,551
39$21,919,780$13,229,075$11,347,238$20,956,227
40$24,085,405$13,807,108$11,657,179$22,805,077
41$26,469,714$14,411,253$11,975,291$24,833,461
42$29,094,940$15,042,720$12,301,779$27,059,398
43$31,985,588$15,702,777$12,636,853$29,502,735
44$35,168,655$16,392,750$12,980,724$32,185,333
45$38,673,892$17,114,029$13,333,612$35,131,273
46$42,534,081$17,868,068$13,695,740$38,367,080
47$46,785,345$18,656,392$14,067,336$41,921,973
48$51,467,492$19,480,597$14,448,633$45,828,141
49$56,624,384$20,342,354$14,839,871$50,121,042
50$62,304,356$21,243,414$15,241,291$54,839,738
51$68,560,670$22,185,611$15,653,144$60,027,263
52$75,452,019$23,170,866$16,075,684$65,731,026
53$83,043,077$24,201,191$16,509,172$72,003,259
54$91,405,113$25,278,692$16,953,872$78,901,503
55$100,616,664$26,405,577$17,410,056$86,489,157
56$110,764,273$27,584,159$17,878,002$94,836,067
57$121,943,306$28,816,860$18,357,992$104,019,191
58$134,258,854$30,106,218$18,850,316$114,123,314
59$147,826,725$31,454,889$19,355,269$125,241,857
60$162,774,532$32,865,660$19,873,151$137,477,746
61$179,242,904$34,341,448$20,404,272$150,944,390
62$197,386,809$35,885,308$20,948,944$165,766,744
63$217,377,018$37,500,442$21,507,488$182,082,489
64$239,401,717$39,190,206$22,080,232$200,043,325
65$263,668,280$40,958,115$22,667,507$219,816,405
66$290,405,231$42,807,849$23,269,656$241,585,909
67$319,864,400$44,743,269$23,887,024$265,554,779
68$352,323,295$46,768,416$24,519,966$291,946,630
69$388,087,729$48,887,525$25,168,843$321,007,861
70$427,494,700$51,105,037$25,834,021$353,009,976
71$470,915,575$53,425,600$26,515,877$388,252,147
72$518,759,597$55,854,087$27,214,793$427,064,027
73$571,477,745$58,395,606$27,931,156$469,808,869
74$629,566,990$61,055,506$28,665,365$516,886,941
75$693,574,991$63,839,394$29,417,824$568,739,309
76$764,105,262$66,753,146$30,188,943$625,851,991
77$841,822,868$69,802,919$30,979,141$688,760,547
78$927,460,704$72,995,166$31,788,846$758,055,122
79$1,021,826,414$76,336,647$32,618,490$834,386,021
80$1,125,810,015$79,834,450$33,468,516$918,469,840
81$1,240,392,298$83,496,000$34,339,374$1,011,096,224
82$1,366,654,089$87,329,080$35,231,519$1,113,135,321
83$1,505,786,448$91,341,847$36,145,417$1,225,545,987
84$1,659,101,918$95,542,850$37,081,541$1,349,384,836
85$1,828,046,911$99,941,047$38,040,370$1,485,816,207
86$2,014,215,367$104,545,829$39,022,393$1,636,123,151
87$2,219,363,796$109,367,036$40,028,105$1,801,719,537
88$2,445,427,867$114,414,984$41,058,010$1,984,163,395
89$2,694,540,675$119,700,485$42,112,619$2,185,171,616
90$2,969,052,883$125,234,868$43,192,451$2,406,636,153
91$3,271,554,912$131,030,011$44,298,033$2,650,641,878
92$3,604,901,395$137,098,364$45,429,899$2,919,486,255
93$3,972,238,128$143,452,974$46,588,591$3,215,701,022
94$4,377,031,766$150,107,519$47,774,658$3,542,076,083
95$4,823,102,554$157,076,335$48,988,657$3,901,685,841
96$5,314,660,389$164,374,450$50,231,151$4,297,918,211
97$5,856,344,566$172,017,615$51,502,712$4,734,506,596
98$6,453,267,577$180,022,344$52,803,919$5,215,565,123
99$7,111,063,375$188,405,944$54,135,355$5,745,627,477
100$7,835,940,564$197,186,559$55,497,614$6,329,689,685