Can I retire at age 30 with 7,700,000?

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 $7,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$635,859$630,195$624,669$619,275$614,009$606,085
2 years$314,782$308,919$303,237$297,729$292,385$284,413
3 years$207,770$201,882$196,215$190,758$185,501$177,729
4 years$154,274$148,405$142,794$137,430$132,301$124,789
5 years$122,186$116,351$110,814$105,559$100,573$93,342
6 years$100,800$95,009$89,554$84,417$79,580$72,639
7 years$85,531$79,789$74,420$69,404$64,720$58,072
8 years$74,084$68,394$63,114$58,221$53,691$47,336
9 years$65,185$59,549$54,360$49,591$45,216$39,149
10 years$58,071$52,490$47,392$42,748$38,526$32,745
11 years$52,254$46,728$41,723$37,204$33,134$27,632
12 years$47,409$41,941$37,029$32,633$28,713$23,485
13 years$43,314$37,902$33,083$28,810$25,038$20,077
14 years$39,806$34,452$29,725$25,574$21,948$17,246
15 years$36,769$31,473$26,838$22,808$19,325$14,874
16 years$34,114$28,876$24,332$20,422$17,080$12,872
17 years$31,774$26,593$22,141$18,349$15,144$11,172
18 years$29,696$24,573$20,212$16,536$13,465$9,719
19 years$27,839$22,774$18,503$14,942$12,002$8,473
20 years$26,170$21,163$16,981$13,533$10,720$7,400
21 years$24,662$19,713$15,620$12,282$9,594$6,473
22 years$23,292$18,401$14,396$11,167$8,599$5,670
23 years$22,044$17,210$13,292$10,170$7,719$4,972
24 years$20,901$16,125$12,293$9,275$6,938$4,365
25 years$19,852$15,132$11,386$8,471$6,243$3,835
26 years$18,885$14,222$10,560$7,745$5,624$3,372
27 years$17,990$13,384$9,806$7,090$5,070$2,967
28 years$17,162$12,612$9,116$6,496$4,575$2,612
29 years$16,391$11,898$8,483$5,957$4,131$2,300
30 years$15,674$11,236$7,901$5,467$3,733$2,027
31 years$15,004$10,622$7,366$5,021$3,375$1,787
32 years$14,377$10,051$6,873$4,614$3,053$1,576
33 years$13,790$9,518$6,417$4,243$2,763$1,390
34 years$13,238$9,021$5,996$3,904$2,501$1,227
35 years$12,719$8,556$5,606$3,594$2,266$1,083
36 years$12,229$8,121$5,244$3,310$2,053$956
37 years$11,768$7,713$4,908$3,050$1,860$844
38 years$11,331$7,330$4,596$2,811$1,687$745
39 years$10,918$6,970$4,306$2,592$1,529$658
40 years$10,527$6,632$4,036$2,391$1,387$581
41 years$10,156$6,313$3,785$2,206$1,259$514
42 years$9,803$6,012$3,550$2,035$1,142$454
43 years$9,468$5,728$3,331$1,879$1,036$401
44 years$9,149$5,460$3,127$1,735$941$354
45 years$8,845$5,207$2,936$1,602$854$313
46 years$8,554$4,967$2,758$1,480$775$277
47 years$8,278$4,740$2,591$1,367$704$245
48 years$8,013$4,525$2,435$1,263$639$216
49 years$7,760$4,321$2,289$1,168$581$191
50 years$7,518$4,128$2,152$1,079$528$169

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $7,700,000, adding $5,934 every year, while hoping to spend $35,950 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: 34/40/26 Blend
29$7,700,000$7,700,000$7,700,000$7,700,000
30$8,491,521$8,083,421$7,964,071$8,713,046
31$9,319,406$8,441,258$8,192,617$9,237,594
32$10,230,529$8,815,424$8,427,614$9,799,196
33$11,233,345$9,206,682$8,669,241$10,404,109
34$12,337,166$9,615,829$8,917,680$11,056,205
35$13,552,255$10,043,702$9,173,120$11,759,733
36$14,889,918$10,491,177$9,435,753$12,519,347
37$16,362,616$10,959,171$9,705,777$13,340,154
38$17,984,078$11,448,645$9,983,395$14,227,757
39$19,769,431$11,960,607$10,268,817$15,188,303
40$21,735,347$12,496,110$10,562,256$16,228,537
41$23,900,194$13,056,260$10,863,933$17,355,864
42$26,284,211$13,642,215$11,174,072$18,578,416
43$28,909,704$14,255,187$11,492,907$19,905,119
44$31,801,249$14,896,446$11,820,674$21,345,780
45$34,985,928$15,567,324$12,157,619$22,911,170
46$38,493,585$16,269,214$12,503,991$24,613,123
47$42,357,103$17,003,579$12,860,048$26,464,642
48$46,612,722$17,771,949$13,226,053$28,480,019
49$51,300,372$18,575,927$13,602,279$30,674,961
50$56,464,057$19,417,194$13,989,002$33,066,736
51$62,152,266$20,297,512$14,386,509$35,674,326
52$68,418,432$21,218,725$14,795,092$38,518,605
53$75,321,436$22,182,766$15,215,051$41,622,527
54$82,926,162$23,191,661$15,646,695$45,011,336
55$91,304,112$24,247,533$16,090,340$48,712,797
56$100,534,075$25,352,607$16,546,311$52,757,452
57$110,702,879$26,509,213$17,014,941$57,178,902
58$121,906,203$27,719,794$17,496,571$62,014,112
59$134,249,481$28,986,910$17,991,552$67,303,755
60$147,848,903$30,313,243$18,500,243$73,092,587
61$162,832,504$31,701,605$19,023,014$79,429,859
62$179,341,377$33,154,941$19,560,243$86,369,775
63$197,531,004$34,676,340$20,112,318$93,971,990
64$217,572,722$36,269,036$20,679,636$102,302,165
65$239,655,343$37,936,422$21,262,607$111,432,578
66$263,986,932$39,682,051$21,861,648$121,442,790
67$290,796,776$41,509,648$22,477,190$132,420,389
68$320,337,544$43,423,117$23,109,673$144,461,801
69$352,887,674$45,426,551$23,759,547$157,673,192
70$388,754,002$47,524,237$24,427,278$172,171,449
71$428,274,657$49,720,671$25,113,338$188,085,278
72$471,822,252$52,020,565$25,818,216$205,556,396
73$519,807,406$54,428,856$26,542,409$224,740,861
74$572,682,612$56,950,721$27,286,431$245,810,523
75$630,946,517$59,591,585$28,050,805$268,954,633
76$695,148,624$62,357,135$28,836,070$294,381,609
77$765,894,482$65,253,332$29,642,776$322,320,987
78$843,851,399$68,286,425$30,471,488$353,025,570
79$929,754,745$71,462,964$31,322,787$386,773,790
80$1,024,414,893$74,789,813$32,197,264$423,872,318
81$1,128,724,869$78,274,171$33,095,530$464,658,936
82$1,243,668,782$81,923,582$34,018,207$509,505,704
83$1,370,331,115$85,745,954$34,965,933$558,822,447
84$1,509,906,961$89,749,578$35,939,364$613,060,597
85$1,663,713,308$93,943,145$36,939,170$672,717,431
86$1,833,201,472$98,335,766$37,966,039$738,340,735
87$2,019,970,795$102,936,991$39,020,674$810,533,947
88$2,225,783,746$107,756,834$40,103,797$889,961,827
89$2,452,582,560$112,805,790$41,216,146$977,356,693
90$2,702,507,573$118,094,865$42,358,478$1,073,525,307
91$2,977,917,427$123,635,595$43,531,568$1,179,356,455
92$3,281,411,339$129,440,074$44,736,211$1,295,829,301
93$3,615,853,640$135,520,983$45,973,218$1,424,022,591
94$3,984,400,814$141,891,613$47,243,424$1,565,124,799
95$4,390,531,298$148,565,903$48,547,679$1,720,445,303
96$4,838,078,321$155,558,463$49,886,857$1,891,426,703
97$5,331,266,095$162,884,613$51,261,852$2,079,658,395
98$5,874,749,691$170,560,414$52,673,579$2,286,891,528
99$6,473,658,990$178,602,704$54,122,973$2,515,055,481
100$7,133,647,108$187,029,138$55,610,995$2,766,276,033