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

Use the below retirement simulation to view the chances of a successful retirement.
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%15.9%
1 years$710,180$703,854$697,682$691,658$685,776$669,198
2 years$351,574$345,026$338,681$332,528$326,560$309,957
3 years$232,055$225,479$219,149$213,054$207,183$191,075
4 years$172,307$165,751$159,484$153,493$147,765$132,275
5 years$136,467$129,951$123,766$117,898$112,328$97,500
6 years$112,582$106,114$100,022$94,284$88,882$74,730
7 years$95,528$89,115$83,118$77,516$72,285$58,812
8 years$82,743$76,388$70,491$65,026$59,967$47,167
9 years$72,804$66,509$60,714$55,388$50,501$38,363
10 years$64,858$58,625$52,932$47,745$43,029$31,540
11 years$58,361$52,190$46,600$41,552$37,007$26,150
12 years$52,951$46,843$41,357$36,447$32,069$21,827
13 years$48,376$42,332$36,949$32,177$27,965$18,317
14 years$44,459$38,479$33,199$28,563$24,514$15,439
15 years$41,066$35,151$29,974$25,473$21,584$13,061
16 years$38,101$32,251$27,176$22,809$19,076$11,083
17 years$35,488$29,702$24,729$20,493$16,914$9,428
18 years$33,167$27,446$22,575$18,469$15,039$8,037
19 years$31,093$25,436$20,666$16,688$13,405$6,863
20 years$29,229$23,637$18,966$15,114$11,973$5,870
21 years$27,544$22,017$17,445$13,717$10,715$5,026
22 years$26,015$20,552$16,078$12,472$9,604$4,309
23 years$24,621$19,222$14,846$11,359$8,621$3,697
24 years$23,344$18,009$13,730$10,360$7,749$3,175
25 years$22,172$16,901$12,716$9,461$6,973$2,728
26 years$21,092$15,884$11,794$8,651$6,281$2,346
27 years$20,093$14,949$10,952$7,918$5,663$2,018
28 years$19,168$14,086$10,181$7,255$5,110$1,736
29 years$18,307$13,289$9,474$6,653$4,614$1,495
30 years$17,506$12,550$8,825$6,106$4,169$1,287
31 years$16,758$11,864$8,227$5,607$3,769$1,109
32 years$16,058$11,225$7,676$5,153$3,409$955
33 years$15,401$10,631$7,167$4,739$3,086$823
34 years$14,785$10,076$6,697$4,360$2,794$710
35 years$14,205$9,556$6,261$4,014$2,530$612
36 years$13,659$9,070$5,857$3,697$2,293$527
37 years$13,143$8,615$5,482$3,406$2,078$455
38 years$12,656$8,187$5,134$3,139$1,884$392
39 years$12,195$7,785$4,810$2,895$1,708$338
40 years$11,758$7,407$4,508$2,670$1,549$292
41 years$11,343$7,051$4,227$2,463$1,406$252
42 years$10,949$6,715$3,965$2,273$1,276$217
43 years$10,575$6,398$3,721$2,099$1,158$187
44 years$10,218$6,099$3,493$1,938$1,051$161
45 years$9,878$5,816$3,279$1,790$954$139
46 years$9,554$5,548$3,080$1,653$866$120
47 years$9,245$5,294$2,894$1,527$786$104
48 years$8,950$5,054$2,719$1,411$714$89
49 years$8,667$4,826$2,556$1,304$649$77
50 years$8,397$4,610$2,403$1,205$589$67

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 $2,735 every year, while hoping to spend $27,835 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: 74/6/20 Blend
29$8,600,000$8,600,000$8,600,000$8,600,000
30$9,480,021$9,024,221$8,890,921$10,136,265
31$10,417,367$9,436,792$9,159,151$10,984,824
32$11,449,389$9,868,645$9,435,433$11,910,785
33$12,585,716$10,320,698$9,720,009$12,924,792
34$13,836,955$10,793,908$10,013,125$14,035,608
35$15,214,796$11,289,281$10,315,037$15,252,881
36$16,732,121$11,807,872$10,626,006$16,587,237
37$18,403,124$12,350,784$10,946,304$18,050,376
38$20,243,446$12,919,176$11,276,208$19,655,182
39$22,270,321$13,514,259$11,616,005$21,415,848
40$24,502,742$14,137,306$11,965,989$23,348,000
41$26,961,636$14,789,649$12,326,465$25,468,853
42$29,670,066$15,472,684$12,697,744$27,797,365
43$32,653,443$16,187,876$13,080,149$30,354,419
44$35,939,771$16,936,759$13,474,011$33,163,015
45$39,559,908$17,720,941$13,879,671$36,248,490
46$43,547,860$18,542,108$14,297,481$39,638,752
47$47,941,096$19,402,026$14,727,801$43,364,546
48$52,780,911$20,302,548$15,171,005$47,459,738
49$58,112,806$21,245,615$15,627,476$51,961,635
50$63,986,924$22,233,262$16,097,608$56,911,339
51$70,458,521$23,267,622$16,581,808$62,354,126
52$77,588,485$24,350,931$17,080,494$68,339,879
53$85,443,917$25,485,532$17,594,097$74,923,552
54$94,098,757$26,673,884$18,123,060$82,165,689
55$103,634,486$27,918,561$18,667,839$90,132,994
56$114,140,896$29,222,263$19,228,904$98,898,956
57$125,716,935$30,587,821$19,806,739$108,544,543
58$138,471,640$32,018,201$20,401,842$119,158,963
59$152,525,169$33,516,515$21,014,726$130,840,506
60$168,009,935$35,086,024$21,645,919$143,697,465
61$185,071,855$36,730,144$22,295,963$157,849,159
62$203,871,724$38,452,462$22,965,418$173,427,057
63$224,586,740$40,256,733$23,654,859$190,576,014
64$247,412,171$42,146,896$24,364,881$209,455,639
65$272,563,200$44,127,081$25,096,092$230,241,795
66$300,276,956$46,201,618$25,849,120$253,128,259
67$330,814,752$48,375,044$26,624,613$278,328,546
68$364,464,555$50,652,119$27,423,235$306,077,924
69$401,543,699$53,037,832$28,245,673$336,635,629
70$442,401,883$55,537,413$29,092,630$370,287,309
71$487,424,476$58,156,347$29,964,833$407,347,719
72$537,036,147$60,900,382$30,863,030$448,163,686
73$591,704,881$63,775,549$31,787,989$493,117,381
74$651,946,394$66,788,166$32,740,502$542,629,921
75$718,329,002$69,944,861$33,721,384$597,165,342
76$791,478,984$73,252,583$34,731,474$657,234,973
77$872,086,497$76,718,617$35,771,635$723,402,262
78$960,912,092$80,350,601$36,842,757$796,288,087
79$1,058,793,889$84,156,544$37,945,753$876,576,612
80$1,166,655,496$88,144,845$39,081,566$965,021,743
81$1,285,514,722$92,324,308$40,251,165$1,062,454,239
82$1,416,493,192$96,704,167$41,455,546$1,169,789,550
83$1,560,826,928$101,294,102$42,695,737$1,288,036,449
84$1,719,878,025$106,104,263$43,972,795$1,418,306,555
85$1,895,147,506$111,145,295$45,287,807$1,561,824,819
86$2,088,289,496$116,428,358$46,641,892$1,719,941,077
87$2,301,126,832$121,965,155$48,036,203$1,894,142,795
88$2,535,668,278$127,767,957$49,471,925$2,086,069,097
89$2,794,127,487$133,849,632$50,950,279$2,297,526,234
90$3,078,943,898$140,223,671$52,472,521$2,530,504,630
91$3,392,805,768$146,904,224$54,039,943$2,787,197,663
92$3,738,675,551$153,906,126$55,653,876$3,070,022,364
93$4,119,817,866$161,244,934$57,315,689$3,381,642,227
94$4,539,830,314$168,936,962$59,026,791$3,724,992,343
95$5,002,677,450$176,999,317$60,788,632$4,103,307,103
96$5,512,728,204$185,449,937$62,602,705$4,520,150,720
97$6,074,797,131$194,307,634$64,470,546$4,979,450,871
98$6,694,189,863$203,592,133$66,393,734$5,485,535,761
99$7,376,753,203$213,324,121$68,373,898$6,043,174,978
100$8,128,930,316$223,525,289$70,412,709$6,657,624,508