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%16.4%
1 years$710,180$703,854$697,682$691,658$685,776$667,843
2 years$351,574$345,026$338,681$332,528$326,560$308,615
3 years$232,055$225,479$219,149$213,054$207,183$189,788
4 years$172,307$165,751$159,484$153,493$147,765$131,053
5 years$136,467$129,951$123,766$117,898$112,328$96,346
6 years$112,582$106,114$100,022$94,284$88,882$73,644
7 years$95,528$89,115$83,118$77,516$72,285$57,793
8 years$82,743$76,388$70,491$65,026$59,967$46,215
9 years$72,804$66,509$60,714$55,388$50,501$37,475
10 years$64,858$58,625$52,932$47,745$43,029$30,715
11 years$58,361$52,190$46,600$41,552$37,007$25,384
12 years$52,951$46,843$41,357$36,447$32,069$21,118
13 years$48,376$42,332$36,949$32,177$27,965$17,663
14 years$44,459$38,479$33,199$28,563$24,514$14,837
15 years$41,066$35,151$29,974$25,473$21,584$12,508
16 years$38,101$32,251$27,176$22,809$19,076$10,576
17 years$35,488$29,702$24,729$20,493$16,914$8,964
18 years$33,167$27,446$22,575$18,469$15,039$7,613
19 years$31,093$25,436$20,666$16,688$13,405$6,477
20 years$29,229$23,637$18,966$15,114$11,973$5,518
21 years$27,544$22,017$17,445$13,717$10,715$4,707
22 years$26,015$20,552$16,078$12,472$9,604$4,020
23 years$24,621$19,222$14,846$11,359$8,621$3,436
24 years$23,344$18,009$13,730$10,360$7,749$2,939
25 years$22,172$16,901$12,716$9,461$6,973$2,515
26 years$21,092$15,884$11,794$8,651$6,281$2,154
27 years$20,093$14,949$10,952$7,918$5,663$1,845
28 years$19,168$14,086$10,181$7,255$5,110$1,581
29 years$18,307$13,289$9,474$6,653$4,614$1,356
30 years$17,506$12,550$8,825$6,106$4,169$1,163
31 years$16,758$11,864$8,227$5,607$3,769$998
32 years$16,058$11,225$7,676$5,153$3,409$856
33 years$15,401$10,631$7,167$4,739$3,086$734
34 years$14,785$10,076$6,697$4,360$2,794$630
35 years$14,205$9,556$6,261$4,014$2,530$541
36 years$13,659$9,070$5,857$3,697$2,293$465
37 years$13,143$8,615$5,482$3,406$2,078$399
38 years$12,656$8,187$5,134$3,139$1,884$343
39 years$12,195$7,785$4,810$2,895$1,708$294
40 years$11,758$7,407$4,508$2,670$1,549$253
41 years$11,343$7,051$4,227$2,463$1,406$217
42 years$10,949$6,715$3,965$2,273$1,276$186
43 years$10,575$6,398$3,721$2,099$1,158$160
44 years$10,218$6,099$3,493$1,938$1,051$137
45 years$9,878$5,816$3,279$1,790$954$118
46 years$9,554$5,548$3,080$1,653$866$101
47 years$9,245$5,294$2,894$1,527$786$87
48 years$8,950$5,054$2,719$1,411$714$75
49 years$8,667$4,826$2,556$1,304$649$64
50 years$8,397$4,610$2,403$1,205$589$55

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 $3,388 every year, while hoping to spend $25,750 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: 66/24/10 Blend
29$8,600,000$8,600,000$8,600,000$8,600,000
30$9,480,695$9,024,895$8,891,595$10,086,265
31$10,420,328$9,439,717$9,162,065$10,904,614
32$11,454,940$9,874,002$9,440,734$11,795,315
33$12,594,193$10,328,677$9,727,847$12,768,132
34$13,848,732$10,804,713$10,023,661$13,831,078
35$15,230,286$11,303,127$10,328,437$14,992,967
36$16,751,781$11,824,987$10,642,446$16,263,498
37$18,427,462$12,371,410$10,965,967$17,653,341
38$20,273,022$12,943,568$11,299,286$19,174,234
39$22,305,757$13,542,690$11,642,699$20,839,098
40$24,544,725$14,170,063$11,996,510$22,662,149
41$27,010,927$14,827,036$12,361,033$24,659,034
42$29,727,505$15,515,024$12,736,591$26,846,974
43$32,719,959$16,235,509$13,123,515$29,244,925
44$36,016,392$16,990,046$13,522,150$31,873,750
45$39,647,770$17,780,264$13,932,848$34,756,421
46$43,648,215$18,607,870$14,355,971$37,918,223
47$48,055,332$19,474,654$14,791,895$41,386,995
48$52,910,557$20,382,493$15,241,005$45,193,387
49$58,259,553$21,333,355$15,703,698$49,371,148
50$64,152,639$22,329,300$16,180,383$53,957,435
51$70,645,263$23,372,491$16,671,480$58,993,168
52$77,798,530$24,465,193$17,177,425$64,523,403
53$85,679,775$25,609,783$17,698,664$70,597,758
54$94,363,200$26,808,750$18,235,657$77,270,878
55$103,930,573$28,064,705$18,788,878$84,602,939
56$114,472,001$29,380,385$19,358,815$92,660,219
57$126,086,781$30,758,660$19,945,971$101,515,712
58$138,884,335$32,202,537$20,550,864$111,249,815
59$152,985,246$33,715,170$21,174,027$121,951,078
60$168,522,393$35,299,865$21,816,009$133,717,037
61$185,642,208$36,960,090$22,477,376$146,655,126
62$204,506,056$38,699,476$23,158,710$160,883,684
63$225,291,759$40,521,836$23,860,612$176,533,067
64$248,195,275$42,431,163$24,583,700$193,746,867
65$273,432,549$44,431,645$25,328,609$212,683,267
66$301,241,547$46,527,674$26,095,995$233,516,517
67$331,884,507$48,723,852$26,886,534$256,438,577
68$365,650,413$51,025,008$27,700,920$281,660,920
69$402,857,724$53,436,201$28,539,868$309,416,512
70$443,857,375$55,962,738$29,404,117$339,962,010
71$489,036,098$58,610,183$30,294,426$373,580,172
72$538,820,066$61,384,369$31,211,576$410,582,510
73$593,678,921$64,291,411$32,156,372$451,312,228
74$654,130,205$67,337,724$33,129,644$496,147,445
75$720,744,245$70,530,032$34,132,246$545,504,752
76$794,149,538$73,875,384$35,165,057$599,843,136
77$875,038,687$77,381,174$36,228,982$659,668,293
78$964,174,935$81,055,153$37,324,955$725,537,395
79$1,062,399,373$84,905,450$38,453,935$798,064,330
80$1,170,638,879$88,940,587$39,616,912$877,925,483
81$1,289,914,870$93,169,501$40,814,904$965,866,105
82$1,421,352,944$97,601,563$42,048,960$1,062,707,336
83$1,566,193,503$102,246,599$43,320,159$1,169,353,930
84$1,725,803,470$107,114,912$44,629,614$1,286,802,787
85$1,901,689,188$112,217,307$45,978,471$1,416,152,338
86$2,095,510,643$117,565,112$47,367,907$1,558,612,900
87$2,309,097,134$123,170,209$48,799,138$1,715,518,076
88$2,544,464,547$129,045,054$50,273,414$1,888,337,324
89$2,803,834,380$135,202,711$51,792,022$2,078,689,807
90$3,089,654,721$141,656,878$53,356,289$2,288,359,656
91$3,404,623,358$148,421,920$54,967,580$2,519,312,782
92$3,751,713,247$155,512,901$56,627,301$2,773,715,415
93$4,134,200,582$162,945,616$58,336,899$3,053,954,523
94$4,555,695,721$170,736,631$60,097,865$3,362,660,316
95$5,020,177,274$178,903,317$61,911,734$3,702,731,049
96$5,532,029,665$187,463,888$63,780,085$4,077,360,351
97$6,096,084,520$196,437,448$65,704,548$4,490,067,340
98$6,717,666,288$205,844,029$67,686,796$4,944,729,808
99$7,402,642,501$215,704,638$69,728,556$5,445,620,798
100$8,157,479,178$226,041,307$71,831,604$5,997,448,906