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%20%
1 years$718,438$712,038$705,795$699,701$693,750$665,962
2 years$355,662$349,038$342,619$336,395$330,357$302,710
3 years$234,753$228,100$221,697$215,531$209,592$182,957
4 years$174,310$167,678$161,339$155,278$149,483$124,061
5 years$138,054$131,462$125,205$119,269$113,635$89,492
6 years$113,891$107,348$101,185$95,380$89,915$67,066
7 years$96,638$90,151$84,085$78,417$73,125$51,561
8 years$83,705$77,276$71,311$65,782$60,664$40,364
9 years$73,651$67,283$61,420$56,032$51,088$32,019
10 years$65,612$59,306$53,547$48,300$43,530$25,655
11 years$59,040$52,797$47,142$42,035$37,437$20,714
12 years$53,566$47,388$41,837$36,871$32,442$16,826
13 years$48,939$42,825$37,379$32,551$28,290$13,732
14 years$44,976$38,926$33,585$28,895$24,799$11,250
15 years$41,544$35,560$30,323$25,770$21,835$9,245
16 years$38,544$32,626$27,492$23,074$19,298$7,616
17 years$35,900$30,047$25,017$20,732$17,111$6,287
18 years$33,553$27,765$22,837$18,683$15,214$5,198
19 years$31,454$25,732$20,906$16,882$13,561$4,304
20 years$29,569$23,911$19,187$15,290$12,113$3,567
21 years$27,864$22,273$17,648$13,877$10,839$2,959
22 years$26,317$20,791$16,265$12,617$9,716$2,457
23 years$24,907$19,445$15,018$11,491$8,722$2,041
24 years$23,616$18,219$13,889$10,480$7,839$1,697
25 years$22,430$17,097$12,864$9,571$7,054$1,411
26 years$21,337$16,069$11,931$8,751$6,354$1,174
27 years$20,327$15,123$11,079$8,010$5,729$977
28 years$19,390$14,250$10,299$7,339$5,169$813
29 years$18,520$13,443$9,584$6,730$4,668$677
30 years$17,709$12,696$8,928$6,177$4,217$563
31 years$16,953$12,002$8,323$5,673$3,813$469
32 years$16,244$11,356$7,765$5,213$3,449$391
33 years$15,580$10,754$7,251$4,794$3,121$326
34 years$14,957$10,193$6,775$4,411$2,826$271
35 years$14,370$9,668$6,334$4,061$2,560$226
36 years$13,818$9,176$5,925$3,740$2,319$188
37 years$13,296$8,715$5,546$3,446$2,102$157
38 years$12,803$8,282$5,193$3,176$1,906$131
39 years$12,336$7,876$4,866$2,928$1,728$109
40 years$11,894$7,493$4,561$2,701$1,567$91
41 years$11,475$7,133$4,276$2,492$1,422$76
42 years$11,076$6,793$4,011$2,300$1,290$63
43 years$10,697$6,472$3,764$2,123$1,171$52
44 years$10,337$6,169$3,533$1,960$1,063$44
45 years$9,993$5,883$3,318$1,810$965$36
46 years$9,665$5,612$3,116$1,672$876$30
47 years$9,353$5,356$2,927$1,545$796$25
48 years$9,054$5,113$2,751$1,428$723$21
49 years$8,768$4,883$2,586$1,319$656$18
50 years$8,494$4,664$2,431$1,219$596$15

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 $4,866 every year, while hoping to spend $49,717 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: 52/37/11 Blend
29$8,700,000$8,700,000$8,700,000$8,700,000
30$9,592,419$9,131,319$8,996,469$10,063,367
31$10,517,948$9,525,855$9,244,952$10,779,447
32$11,536,213$9,938,058$9,500,094$11,552,073
33$12,656,624$10,368,739$9,762,063$12,391,183
34$13,889,543$10,818,750$10,031,036$13,303,069
35$15,246,391$11,288,984$10,307,190$14,294,641
36$16,739,751$11,780,372$10,590,709$15,373,491
37$18,383,488$12,293,893$10,881,781$16,547,967
38$20,192,879$12,830,569$11,180,596$17,827,242
39$22,184,758$13,391,472$11,487,351$19,221,400
40$24,377,673$13,977,724$11,802,246$20,741,529
41$26,792,062$14,590,499$12,125,488$22,399,819
42$29,450,447$15,231,028$12,457,287$24,209,679
43$32,377,643$15,900,599$12,797,857$26,185,854
44$35,600,996$16,600,562$13,147,418$28,344,561
45$39,150,637$17,332,329$13,506,196$30,703,642
46$43,059,769$18,097,380$13,874,420$33,282,725
47$47,364,979$18,897,265$14,252,327$36,103,403
48$52,106,584$19,733,608$14,640,157$39,189,437
49$57,329,009$20,608,108$15,038,156$42,566,973
50$63,081,209$21,522,547$15,446,576$46,264,785
51$69,417,131$22,478,790$15,865,674$50,314,537
52$76,396,217$23,478,790$16,295,714$54,751,084
53$84,083,975$24,524,594$16,736,963$59,612,788
54$92,552,587$25,618,346$17,189,698$64,941,875
55$101,881,597$26,762,291$17,654,199$70,784,832
56$112,158,659$27,958,782$18,130,754$77,192,833
57$123,480,362$29,210,283$18,619,654$84,222,218
58$135,953,148$30,519,375$19,121,201$91,935,019
59$149,694,307$31,888,763$19,635,700$100,399,533
60$164,833,095$33,321,280$20,163,464$109,690,962
61$181,511,942$34,819,895$20,704,812$119,892,116
62$199,887,807$36,387,716$21,260,069$131,094,181
63$220,133,651$38,028,003$21,829,570$143,397,574
64$242,440,077$39,744,168$22,413,654$156,912,881
65$267,017,121$41,539,789$23,012,668$171,761,891
66$294,096,240$43,418,612$23,626,965$188,078,731
67$323,932,496$45,384,563$24,256,908$206,011,128
68$356,806,961$47,441,756$24,902,864$225,721,787
69$393,029,372$49,594,503$25,565,211$247,389,914
70$432,941,053$51,847,320$26,244,331$271,212,901
71$476,918,141$54,204,939$26,940,617$297,408,170
72$525,375,131$56,672,320$27,654,466$326,215,213
73$578,768,790$59,254,660$28,386,287$357,897,841
74$637,602,473$61,957,404$29,136,494$392,746,657
75$702,430,869$64,786,260$29,905,510$431,081,783
76$773,865,238$67,747,208$30,693,765$473,255,868
77$852,579,186$70,846,514$31,501,700$519,657,396
78$939,315,016$74,090,747$32,329,760$570,714,338
79$1,034,890,743$77,486,789$33,178,402$626,898,172
80$1,140,207,810$81,041,853$34,048,090$688,728,314
81$1,256,259,602$84,763,499$34,939,296$756,777,002
82$1,384,140,820$88,659,649$35,852,501$831,674,674
83$1,525,057,819$92,738,607$36,788,195$914,115,898
84$1,680,339,992$97,009,075$37,746,876$1,004,865,905
85$1,851,452,325$101,480,173$38,729,050$1,104,767,787
86$2,040,009,223$106,161,462$39,735,233$1,214,750,434
87$2,247,789,749$111,062,959$40,765,949$1,335,837,269
88$2,476,754,426$116,195,167$41,821,732$1,469,155,886
89$2,729,063,740$121,569,092$42,903,121$1,615,948,665
90$3,007,098,534$127,196,270$44,010,669$1,777,584,465
91$3,313,482,492$133,088,795$45,144,934$1,955,571,520
92$3,651,106,900$139,259,340$46,306,483$2,151,571,638
93$4,023,157,948$145,721,192$47,495,894$2,367,415,854
94$4,433,146,804$152,488,276$48,713,752$2,605,121,682
95$4,884,942,766$159,575,189$49,960,651$2,866,912,118
96$5,382,809,789$166,997,234$51,237,193$3,155,236,586
97$5,931,446,737$174,770,448$52,543,989$3,472,794,020
98$6,536,031,751$182,911,647$53,881,659$3,822,558,299
99$7,202,271,125$191,438,453$55,250,831$4,207,806,270
100$7,936,453,186$200,369,344$56,652,139$4,632,148,640