Can I retire at age 30 with 7,500,000?

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 $7,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$619,343$613,826$608,444$603,190$598,061$584,791
2 years$306,605$300,895$295,361$289,995$284,791$271,491
3 years$202,373$196,638$191,118$185,803$180,683$167,768
4 years$150,267$144,550$139,085$133,860$128,865$116,434
5 years$119,012$113,329$107,936$102,818$97,961$86,049
6 years$98,182$92,542$87,228$82,224$77,513$66,134
7 years$83,309$77,716$72,487$67,601$63,039$52,193
8 years$72,160$66,617$61,475$56,709$52,297$41,981
9 years$63,492$58,002$52,948$48,303$44,041$34,248
10 years$56,562$51,126$46,161$41,638$37,526$28,245
11 years$50,896$45,515$40,640$36,237$32,273$23,492
12 years$46,178$40,851$36,067$31,785$27,967$19,672
13 years$42,189$36,918$32,223$28,062$24,388$16,564
14 years$38,772$33,557$28,953$24,910$21,378$14,010
15 years$35,814$30,655$26,140$22,215$18,823$11,893
16 years$33,228$28,126$23,700$19,891$16,636$10,128
17 years$30,948$25,903$21,566$17,872$14,751$8,646
18 years$28,925$23,935$19,687$16,106$13,116$7,398
19 years$27,116$22,183$18,023$14,554$11,690$6,341
20 years$25,490$20,613$16,540$13,181$10,442$5,444
21 years$24,021$19,201$15,214$11,963$9,344$4,679
22 years$22,687$17,923$14,022$10,877$8,376$4,027
23 years$21,471$16,763$12,947$9,906$7,519$3,469
24 years$20,358$15,706$11,974$9,035$6,758$2,991
25 years$19,336$14,739$11,090$8,251$6,081$2,580
26 years$18,394$13,852$10,285$7,544$5,478$2,227
27 years$17,523$13,037$9,551$6,905$4,939$1,924
28 years$16,716$12,284$8,879$6,327$4,456$1,662
29 years$15,966$11,589$8,262$5,802$4,024$1,437
30 years$15,267$10,945$7,696$5,325$3,636$1,243
31 years$14,614$10,346$7,175$4,890$3,287$1,075
32 years$14,004$9,790$6,694$4,494$2,973$930
33 years$13,431$9,271$6,251$4,133$2,691$805
34 years$12,894$8,787$5,840$3,803$2,436$696
35 years$12,388$8,334$5,460$3,500$2,207$603
36 years$11,912$7,910$5,108$3,224$1,999$522
37 years$11,462$7,513$4,781$2,970$1,812$452
38 years$11,037$7,140$4,477$2,738$1,643$391
39 years$10,635$6,789$4,194$2,524$1,490$339
40 years$10,254$6,460$3,931$2,328$1,351$294
41 years$9,892$6,149$3,686$2,148$1,226$254
42 years$9,549$5,856$3,458$1,983$1,112$220
43 years$9,222$5,580$3,245$1,830$1,010$191
44 years$8,911$5,319$3,046$1,690$916$165
45 years$8,615$5,072$2,860$1,561$832$143
46 years$8,332$4,838$2,686$1,442$755$124
47 years$8,063$4,617$2,524$1,332$686$107
48 years$7,805$4,408$2,372$1,231$623$93
49 years$7,558$4,209$2,229$1,137$566$81
50 years$7,323$4,021$2,096$1,051$514$70

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $7,500,000, adding $2,068 every year, while hoping to spend $43,298 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: 36/45/19 Blend
29$7,500,000$7,500,000$7,500,000$7,500,000
30$8,267,133$7,869,633$7,753,383$8,516,952
31$9,064,312$8,209,176$7,967,053$9,038,587
32$9,941,352$8,563,906$8,186,429$9,597,148
33$10,906,353$8,934,521$8,411,658$10,199,257
34$11,968,240$9,321,752$8,642,887$10,848,827
35$13,136,847$9,726,364$8,880,271$11,550,151
36$14,423,009$10,149,159$9,123,963$12,307,938
37$15,838,665$10,590,977$9,374,125$13,127,351
38$17,396,970$11,052,696$9,630,920$14,014,055
39$19,112,420$11,535,237$9,894,514$14,974,269
40$21,000,985$12,039,561$10,165,078$16,014,818
41$23,080,265$12,566,680$10,442,788$17,143,194
42$25,369,653$13,117,648$10,727,823$18,367,624
43$27,890,518$13,693,573$11,020,365$19,697,145
44$30,666,405$14,295,612$11,320,601$21,141,681
45$33,723,261$14,924,980$11,628,724$22,712,135
46$37,089,676$15,582,947$11,944,929$24,420,490
47$40,797,154$16,270,843$12,269,416$26,279,911
48$44,880,412$16,990,062$12,602,389$28,304,868
49$49,377,704$17,742,065$12,944,059$30,511,268
50$54,331,183$18,528,379$13,294,638$32,916,599
51$59,787,301$19,350,607$13,654,346$35,540,088
52$65,797,245$20,210,426$14,023,406$38,402,876
53$72,417,420$21,109,593$14,402,045$41,528,216
54$79,709,981$22,049,947$14,790,499$44,941,681
55$87,743,423$23,033,418$15,189,003$48,671,401
56$96,593,220$24,062,024$15,597,803$52,748,319
57$106,342,546$25,137,881$16,017,147$57,206,479
58$117,083,053$26,263,204$16,447,289$62,083,339
59$128,915,739$27,440,315$16,888,488$67,420,112
60$141,951,901$28,671,647$17,341,008$73,262,152
61$156,314,184$29,959,747$17,805,121$79,659,373
62$172,137,740$31,307,284$18,281,102$86,666,704
63$189,571,503$32,717,055$18,769,233$94,344,609
64$208,779,596$34,191,990$19,269,802$102,759,635
65$229,942,876$35,735,158$19,783,101$111,985,041
66$253,260,644$37,349,777$20,309,430$122,101,471
67$278,952,528$39,039,214$20,849,095$133,197,705
68$307,260,553$40,807,002$21,402,406$145,371,488
69$338,451,424$42,656,840$21,969,681$158,730,438
70$372,819,048$44,592,604$22,551,244$173,393,045
71$410,687,306$46,618,356$23,147,426$189,489,782
72$452,413,108$48,738,353$23,758,562$207,164,320
73$498,389,767$50,957,054$24,384,995$226,574,864
74$549,050,706$53,279,133$25,027,076$247,895,639
75$604,873,555$55,709,487$25,685,159$271,318,511
76$666,384,653$58,253,248$26,359,608$297,054,785
77$734,164,025$60,915,794$27,050,792$325,337,178
78$808,850,849$63,702,761$27,759,087$356,422,001
79$891,149,495$66,620,056$28,484,876$390,591,555
80$981,836,173$69,673,868$29,228,548$428,156,775
81$1,081,766,258$72,870,683$29,990,501$469,460,148
82$1,191,882,370$76,217,301$30,771,136$514,878,918
83$1,313,223,269$79,720,845$31,570,866$564,828,626
84$1,446,933,659$83,388,783$32,390,107$619,767,007
85$1,594,275,000$87,228,941$33,229,283$680,198,284
86$1,756,637,412$91,249,522$34,088,826$746,677,904
87$1,935,552,801$95,459,121$34,969,175$819,817,748
88$2,132,709,318$99,866,749$35,870,773$900,291,882
89$2,349,967,299$104,481,850$36,794,075$988,842,884
90$2,589,376,825$109,314,323$37,739,538$1,086,288,827
91$2,853,197,078$114,374,541$38,707,629$1,193,530,962
92$3,143,917,667$119,673,381$39,698,822$1,311,562,195
93$3,464,282,132$125,222,240$40,713,596$1,441,476,418
94$3,817,313,847$131,033,067$41,752,438$1,584,478,799
95$4,206,344,556$137,118,384$42,815,842$1,741,897,118
96$4,635,045,836$143,491,320$43,904,308$1,915,194,259
97$5,107,463,752$150,165,635$45,018,343$2,105,981,972
98$5,628,057,057$157,155,754$46,158,460$2,316,036,045
99$6,201,739,287$164,476,796$47,325,179$2,547,313,015
100$6,833,925,148$172,144,613$48,519,026$2,801,968,591