Can I retire at age 30 with 6,500,000?

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 $6,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$536,764$531,983$527,318$522,765$518,319$502,734
2 years$265,725$260,776$255,980$251,329$246,819$231,249
3 years$175,390$170,420$165,636$161,029$156,592$141,525
4 years$130,232$125,277$120,540$116,012$111,683$97,234
5 years$103,144$98,218$93,544$89,109$84,899$71,108
6 years$85,091$80,203$75,598$71,261$67,178$54,056
7 years$72,201$67,354$62,822$58,588$54,634$42,181
8 years$62,538$57,735$53,278$49,148$45,324$33,533
9 years$55,027$50,269$45,888$41,863$38,169$27,027
10 years$49,021$44,309$40,007$36,086$32,522$22,014
11 years$44,110$39,446$35,221$31,406$27,970$18,077
12 years$40,021$35,405$31,258$27,547$24,238$14,940
13 years$36,563$31,995$27,927$24,320$21,136$12,412
14 years$33,602$29,083$25,092$21,589$18,528$10,354
15 years$31,039$26,568$22,655$19,253$16,313$8,668
16 years$28,797$24,375$20,540$17,239$14,418$7,276
17 years$26,822$22,449$18,691$15,489$12,784$6,122
18 years$25,068$20,744$17,062$13,959$11,367$5,161
19 years$23,500$19,225$15,620$12,613$10,132$4,358
20 years$22,091$17,865$14,335$11,424$9,050$3,685
21 years$20,818$16,640$13,185$10,368$8,098$3,119
22 years$19,662$15,533$12,152$9,427$7,259$2,643
23 years$18,609$14,528$11,221$8,585$6,516$2,241
24 years$17,644$13,612$10,377$7,830$5,857$1,902
25 years$16,758$12,774$9,611$7,151$5,270$1,615
26 years$15,941$12,005$8,914$6,538$4,747$1,372
27 years$15,187$11,299$8,277$5,985$4,280$1,166
28 years$14,487$10,647$7,695$5,483$3,862$991
29 years$13,837$10,044$7,161$5,028$3,487$843
30 years$13,231$9,485$6,670$4,615$3,151$717
31 years$12,666$8,967$6,218$4,238$2,849$610
32 years$12,137$8,484$5,802$3,895$2,577$519
33 years$11,641$8,035$5,417$3,582$2,332$442
34 years$11,175$7,615$5,061$3,296$2,111$376
35 years$10,736$7,223$4,732$3,034$1,912$320
36 years$10,324$6,856$4,427$2,794$1,733$272
37 years$9,934$6,511$4,143$2,574$1,570$232
38 years$9,565$6,188$3,880$2,373$1,424$197
39 years$9,217$5,884$3,635$2,188$1,291$168
40 years$8,887$5,598$3,407$2,018$1,171$143
41 years$8,573$5,329$3,195$1,862$1,062$122
42 years$8,275$5,075$2,997$1,718$964$104
43 years$7,992$4,836$2,812$1,586$875$88
44 years$7,723$4,609$2,640$1,465$794$75
45 years$7,466$4,395$2,479$1,353$721$64
46 years$7,221$4,193$2,328$1,249$655$55
47 years$6,988$4,002$2,187$1,154$594$47
48 years$6,764$3,820$2,055$1,067$540$40
49 years$6,551$3,648$1,932$986$490$34
50 years$6,346$3,485$1,816$911$445$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $6,500,000, adding $4,191 every year, while hoping to spend $28,062 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: 36/43/21 Blend
29$6,500,000$6,500,000$6,500,000$6,500,000
30$7,167,323$6,822,823$6,722,073$7,379,636
31$7,868,532$7,127,284$6,917,405$7,839,762
32$8,640,324$7,445,722$7,118,340$8,333,257
33$9,489,869$7,778,794$7,325,035$8,865,450
34$10,425,066$8,127,186$7,537,655$9,439,821
35$11,454,622$8,491,617$7,756,365$10,060,185
36$12,588,127$8,872,840$7,981,337$10,730,723
37$13,836,152$9,271,645$8,212,748$11,456,024
38$15,210,342$9,688,858$8,450,777$12,241,119
39$16,723,531$10,125,346$8,695,613$13,091,532
40$18,389,860$10,582,017$8,947,445$14,013,323
41$20,224,911$11,059,821$9,206,469$15,013,146
42$22,245,855$11,559,756$9,472,889$16,098,306
43$24,471,612$12,082,864$9,746,911$17,276,824
44$26,923,032$12,630,239$10,028,748$18,557,513
45$29,623,090$13,203,029$10,318,619$19,950,052
46$32,597,101$13,802,433$10,616,749$21,465,074
47$35,872,963$14,429,711$10,923,368$23,114,264
48$39,481,419$15,086,181$11,238,715$24,910,466
49$43,456,344$15,773,223$11,563,032$26,867,794
50$47,835,068$16,492,288$11,896,570$29,001,765
51$52,658,725$17,244,891$12,239,586$31,329,440
52$57,972,648$18,032,623$12,592,344$33,869,576
53$63,826,786$18,857,149$12,955,116$36,642,800
54$70,276,185$19,720,217$13,328,179$39,671,798
55$77,381,504$20,623,656$13,711,821$42,981,522
56$85,209,586$21,569,383$14,106,336$46,599,420
57$93,834,090$22,559,409$14,512,024$50,555,685
58$103,336,187$23,595,840$14,929,196$54,883,537
59$113,805,324$24,680,882$15,358,171$59,619,527
60$125,340,073$25,816,851$15,799,275$64,803,874
61$138,049,053$27,006,170$16,252,844$70,480,837
62$152,051,965$28,251,381$16,719,223$76,699,125
63$167,480,715$29,555,147$17,198,766$83,512,345
64$184,480,659$30,920,261$17,691,836$90,979,503
65$203,211,980$32,349,648$18,198,806$99,165,546
66$223,851,196$33,846,375$18,720,060$108,141,970
67$246,592,828$35,413,657$19,255,992$117,987,480
68$271,651,233$37,054,863$19,807,005$128,788,725
69$299,262,633$38,773,525$20,373,513$140,641,101
70$329,687,340$40,573,346$20,955,944$153,649,641
71$363,212,213$42,458,205$21,554,733$167,929,995
72$400,153,372$44,432,170$22,170,330$183,609,505
73$440,859,175$46,499,505$22,803,195$200,828,396
74$485,713,510$48,664,680$23,453,801$219,741,081
75$535,139,418$50,932,379$24,122,633$240,517,610
76$589,603,087$53,307,514$24,810,190$263,345,251
77$649,618,253$55,795,233$25,516,982$288,430,249
78$715,751,049$58,400,934$26,243,535$315,999,746
79$788,625,350$61,130,274$26,990,388$346,303,917
80$868,928,662$63,989,183$27,758,092$379,618,304
81$957,418,613$66,983,880$28,547,215$416,246,401
82$1,054,930,104$70,120,883$29,358,340$456,522,498
83$1,162,383,193$73,407,025$30,192,063$500,814,811
84$1,280,791,780$76,849,470$31,048,998$549,528,940
85$1,411,273,175$80,455,729$31,929,773$603,111,669
86$1,555,058,653$84,233,673$32,835,035$662,055,160
87$1,713,505,072$88,191,559$33,765,444$726,901,574
88$1,888,107,684$92,338,040$34,721,681$798,248,158
89$2,080,514,252$96,682,189$35,704,442$876,752,858
90$2,292,540,608$101,233,518$36,714,443$963,140,496
91$2,526,187,790$106,002,000$37,752,417$1,058,209,582
92$2,783,660,938$110,998,092$38,819,116$1,162,839,819
93$3,067,390,109$116,232,754$39,915,312$1,278,000,372
94$3,380,053,223$121,717,481$41,041,797$1,404,758,982
95$3,724,601,337$127,464,324$42,199,384$1,544,292,006
96$4,104,286,514$133,485,916$43,388,903$1,697,895,480
97$4,522,692,518$139,795,505$44,611,211$1,866,997,317
98$4,983,768,651$146,406,981$45,867,183$2,053,170,741
99$5,491,867,036$153,334,906$47,157,716$2,258,149,090
100$6,051,783,707$160,594,550$48,483,734$2,483,842,134