Can I retire at age 30 with 8,700,000?

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 $8,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$718,438$712,038$705,795$699,701$693,750$679,743
2 years$355,662$349,038$342,619$336,395$330,357$316,307
3 years$234,753$228,100$221,697$215,531$209,592$195,936
4 years$174,310$167,678$161,339$155,278$149,483$136,327
5 years$138,054$131,462$125,205$119,269$113,635$101,016
6 years$113,891$107,348$101,185$95,380$89,915$77,848
7 years$96,638$90,151$84,085$78,417$73,125$61,612
8 years$83,705$77,276$71,311$65,782$60,664$49,701
9 years$73,651$67,283$61,420$56,032$51,088$40,668
10 years$65,612$59,306$53,547$48,300$43,530$33,643
11 years$59,040$52,797$47,142$42,035$37,437$28,071
12 years$53,566$47,388$41,837$36,871$32,442$23,583
13 years$48,939$42,825$37,379$32,551$28,290$19,923
14 years$44,976$38,926$33,585$28,895$24,799$16,908
15 years$41,544$35,560$30,323$25,770$21,835$14,404
16 years$38,544$32,626$27,492$23,074$19,298$12,309
17 years$35,900$30,047$25,017$20,732$17,111$10,547
18 years$33,553$27,765$22,837$18,683$15,214$9,057
19 years$31,454$25,732$20,906$16,882$13,561$7,792
20 years$29,569$23,911$19,187$15,290$12,113$6,714
21 years$27,864$22,273$17,648$13,877$10,839$5,794
22 years$26,317$20,791$16,265$12,617$9,716$5,005
23 years$24,907$19,445$15,018$11,491$8,722$4,329
24 years$23,616$18,219$13,889$10,480$7,839$3,746
25 years$22,430$17,097$12,864$9,571$7,054$3,245
26 years$21,337$16,069$11,931$8,751$6,354$2,813
27 years$20,327$15,123$11,079$8,010$5,729$2,439
28 years$19,390$14,250$10,299$7,339$5,169$2,116
29 years$18,520$13,443$9,584$6,730$4,668$1,837
30 years$17,709$12,696$8,928$6,177$4,217$1,595
31 years$16,953$12,002$8,323$5,673$3,813$1,385
32 years$16,244$11,356$7,765$5,213$3,449$1,203
33 years$15,580$10,754$7,251$4,794$3,121$1,046
34 years$14,957$10,193$6,775$4,411$2,826$909
35 years$14,370$9,668$6,334$4,061$2,560$790
36 years$13,818$9,176$5,925$3,740$2,319$687
37 years$13,296$8,715$5,546$3,446$2,102$597
38 years$12,803$8,282$5,193$3,176$1,906$520
39 years$12,336$7,876$4,866$2,928$1,728$452
40 years$11,894$7,493$4,561$2,701$1,567$393
41 years$11,475$7,133$4,276$2,492$1,422$342
42 years$11,076$6,793$4,011$2,300$1,290$297
43 years$10,697$6,472$3,764$2,123$1,171$259
44 years$10,337$6,169$3,533$1,960$1,063$225
45 years$9,993$5,883$3,318$1,810$965$196
46 years$9,665$5,612$3,116$1,672$876$170
47 years$9,353$5,356$2,927$1,545$796$148
48 years$9,054$5,113$2,751$1,428$723$129
49 years$8,768$4,883$2,586$1,319$656$112
50 years$8,494$4,664$2,431$1,219$596$98

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $8,700,000, adding $4,091 every year, while hoping to spend $46,167 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: 44/41/15 Blend
29$8,700,000$8,700,000$8,700,000$8,700,000
30$9,591,620$9,130,520$8,995,670$9,971,988
31$10,520,844$9,528,794$9,247,903$10,636,680
32$11,543,301$9,945,036$9,507,040$11,351,752
33$12,668,453$10,380,078$9,773,261$12,125,805
34$13,906,724$10,834,791$10,046,754$12,964,299
35$15,269,601$11,310,087$10,327,711$13,873,225
36$16,769,739$11,806,920$10,616,328$14,859,161
37$18,421,085$12,326,291$10,912,807$15,929,330
38$20,239,004$12,869,248$11,217,355$17,091,665
39$22,240,428$13,436,887$11,530,182$18,354,883
40$24,444,015$14,030,357$11,851,506$19,728,555
41$26,870,322$14,650,862$12,181,549$21,223,204
42$29,542,002$15,299,662$12,520,538$22,850,390
43$32,484,017$15,978,076$12,868,707$24,622,821
44$35,723,873$16,687,488$13,226,295$26,554,465
45$39,291,878$17,429,345$13,593,546$28,660,680
46$43,221,431$18,205,165$13,970,711$30,958,351
47$47,549,335$19,016,535$14,358,048$33,466,047
48$52,316,144$19,865,122$14,755,819$36,204,188
49$57,566,545$20,752,668$15,164,294$39,195,235
50$63,349,783$21,680,999$15,583,748$42,463,892
51$69,720,122$22,652,029$16,014,465$46,037,340
52$76,737,359$23,667,763$16,456,734$49,945,479
53$84,467,386$24,730,299$16,910,851$54,221,208
54$92,982,814$25,841,839$17,377,119$58,900,728
55$102,363,659$27,004,687$17,855,850$64,023,877
56$112,698,092$28,221,257$18,347,361$69,634,496
57$124,083,278$29,494,078$18,851,978$75,780,837
58$136,626,287$30,825,803$19,370,034$82,516,007
59$150,445,108$32,219,207$19,901,870$89,898,464
60$165,669,762$33,677,201$20,447,836$97,992,559
61$182,443,527$35,202,833$21,008,287$106,869,131
62$200,924,292$36,799,298$21,583,590$116,606,169
63$221,286,049$38,469,942$22,174,119$127,289,535
64$243,720,530$40,218,273$22,780,257$139,013,765
65$268,439,022$42,047,967$23,402,394$151,882,949
66$295,674,359$43,962,874$24,040,931$166,011,702
67$325,683,119$45,967,031$24,696,277$181,526,233
68$358,748,047$48,064,665$25,368,852$198,565,523
69$395,180,723$50,260,208$26,059,084$217,282,624
70$435,324,504$52,558,305$26,767,410$237,846,089
71$479,557,763$54,963,822$27,494,278$260,441,547
72$528,297,465$57,481,860$28,240,147$285,273,439
73$582,003,099$60,117,763$29,005,484$312,566,935
74$641,181,014$62,877,133$29,790,767$342,570,037
75$706,389,205$65,765,840$30,596,485$375,555,906
76$778,242,576$68,790,038$31,423,139$411,825,422
77$857,418,742$71,956,173$32,271,238$451,709,998
78$944,664,434$75,271,006$33,141,304$495,574,699
79$1,040,802,539$78,741,618$34,033,871$543,821,654
80$1,146,739,874$82,375,433$34,949,482$596,893,839
81$1,263,475,745$86,180,233$35,888,693$655,279,231
82$1,392,111,379$90,164,173$36,852,072$719,515,388
83$1,533,860,323$94,335,800$37,840,200$790,194,503
84$1,690,059,897$98,704,076$38,853,668$867,968,960
85$1,862,183,821$103,278,390$39,893,080$953,557,470
86$2,051,856,126$108,068,587$40,959,054$1,047,751,824
87$2,260,866,488$113,084,984$42,052,219$1,151,424,335
88$2,491,187,119$118,338,398$43,173,218$1,265,536,041
89$2,744,991,390$123,840,164$44,322,706$1,391,145,745
90$3,024,674,348$129,602,168$45,501,352$1,529,419,971
91$3,332,875,323$135,636,866$46,709,838$1,681,643,944
92$3,672,502,849$141,957,315$47,948,861$1,849,233,677
93$4,046,762,121$148,577,206$49,219,130$2,033,749,303
94$4,459,185,255$155,510,886$50,521,369$2,236,909,759
95$4,913,664,631$162,773,399$51,856,314$2,460,608,967
96$5,414,489,641$170,380,513$53,224,718$2,706,933,667
97$5,966,387,185$178,348,759$54,627,347$2,978,183,067
98$6,574,566,296$186,695,467$56,064,981$3,276,890,498
99$7,244,767,317$195,438,803$57,538,417$3,605,847,274
100$7,983,316,092$204,597,814$59,048,463$3,968,128,991