Can I retire at age 30 with 8,100,000?

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 $8,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$668,890$662,932$657,119$651,446$645,905$642,373
2 years$331,134$324,967$318,990$313,195$307,574$304,010
3 years$218,563$212,369$206,408$200,667$195,138$191,652
4 years$162,289$156,114$150,212$144,569$139,174$135,793
5 years$128,533$122,395$116,571$111,043$105,798$102,533
6 years$106,036$99,945$94,206$88,802$83,714$80,568
7 years$89,974$83,934$78,286$73,009$68,082$65,057
8 years$77,932$71,947$66,393$61,245$56,481$53,577
9 years$68,572$62,642$57,184$52,168$47,565$44,782
10 years$61,087$55,216$49,854$44,969$40,528$37,863
11 years$54,968$49,156$43,891$39,136$34,855$32,308
12 years$49,872$44,120$38,952$34,328$30,205$27,773
13 years$45,564$39,871$34,801$30,306$26,339$24,020
14 years$41,874$36,242$31,269$26,903$23,089$20,880
15 years$38,679$33,108$28,232$23,992$20,329$18,228
16 years$35,886$30,376$25,596$21,483$17,967$15,970
17 years$33,424$27,975$23,291$19,302$15,931$14,035
18 years$31,239$25,850$21,262$17,395$14,165$12,367
19 years$29,285$23,957$19,464$15,718$12,625$10,923
20 years$27,529$22,262$17,863$14,236$11,277$9,666
21 years$25,943$20,737$16,431$12,920$10,092$8,569
22 years$24,502$19,357$15,144$11,747$9,046$7,608
23 years$23,189$18,104$13,983$10,698$8,120$6,763
24 years$21,987$16,962$12,931$9,757$7,299$6,020
25 years$20,883$15,918$11,977$8,911$6,568$5,363
26 years$19,866$14,961$11,108$8,148$5,916$4,783
27 years$18,925$14,080$10,315$7,458$5,334$4,269
28 years$18,053$13,267$9,589$6,833$4,813$3,813
29 years$17,243$12,516$8,923$6,266$4,346$3,407
30 years$16,488$11,820$8,312$5,751$3,927$3,047
31 years$15,783$11,174$7,749$5,281$3,550$2,726
32 years$15,124$10,573$7,230$4,854$3,211$2,440
33 years$14,506$10,013$6,751$4,463$2,906$2,185
34 years$13,925$9,490$6,307$4,107$2,631$1,957
35 years$13,379$9,001$5,897$3,781$2,383$1,753
36 years$12,865$8,543$5,516$3,482$2,159$1,572
37 years$12,379$8,114$5,163$3,208$1,957$1,409
38 years$11,920$7,711$4,835$2,957$1,774$1,263
39 years$11,486$7,333$4,530$2,726$1,609$1,133
40 years$11,074$6,976$4,246$2,515$1,459$1,016
41 years$10,683$6,641$3,981$2,320$1,324$912
42 years$10,312$6,325$3,735$2,141$1,201$818
43 years$9,960$6,026$3,504$1,977$1,090$734
44 years$9,624$5,744$3,290$1,825$990$659
45 years$9,304$5,477$3,089$1,685$898$592
46 years$8,999$5,225$2,901$1,557$816$531
47 years$8,708$4,987$2,726$1,438$741$477
48 years$8,429$4,760$2,561$1,329$673$428
49 years$8,163$4,546$2,407$1,228$611$385
50 years$7,908$4,342$2,263$1,135$555$345

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $8,100,000, adding $5,165 every year, while hoping to spend $35,824 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: 58/34/8 Blend
29$8,100,000$8,100,000$8,100,000$8,100,000
30$8,931,528$8,502,228$8,376,678$9,433,245
31$9,804,427$8,880,720$8,619,180$10,149,621
32$10,765,161$9,276,559$8,868,605$10,925,581
33$11,822,652$9,690,554$9,125,148$11,770,450
34$12,986,730$10,123,558$9,389,007$12,690,834
35$14,268,225$10,576,462$9,660,388$13,693,988
36$15,679,074$11,050,198$9,939,501$14,787,893
37$17,232,428$11,545,746$10,226,562$15,981,320
38$18,942,777$12,064,129$10,521,794$17,283,917
39$20,826,090$12,606,421$10,825,424$18,706,291
40$22,899,962$13,173,747$11,137,686$20,260,108
41$25,183,782$13,767,284$11,458,822$21,958,201
42$27,698,914$14,388,268$11,789,080$23,814,687
43$30,468,901$15,037,990$12,128,711$25,845,096
44$33,519,685$15,717,808$12,477,979$28,066,512
45$36,879,851$16,429,139$12,837,150$30,497,737
46$40,580,901$17,173,472$13,206,500$33,159,457
47$44,657,547$17,952,366$13,586,311$36,074,439
48$49,148,038$18,767,453$13,976,874$39,267,737
49$54,094,525$19,620,445$14,378,486$42,766,927
50$59,543,455$20,513,135$14,791,454$46,602,361
51$65,546,012$21,447,403$15,216,092$50,807,450
52$72,158,596$22,425,218$15,652,723$55,418,973
53$79,443,362$23,448,642$16,101,678$60,477,419
54$87,468,798$24,519,839$16,563,297$66,027,363
55$96,310,379$25,641,075$17,037,931$72,117,882
56$106,051,273$26,814,723$17,525,937$78,803,012
57$116,783,132$28,043,273$18,027,685$86,142,251
58$128,606,951$29,329,333$18,543,551$94,201,112
59$141,634,025$30,675,635$19,073,926$103,051,738
60$155,987,000$32,085,046$19,619,207$112,773,574
61$171,801,026$33,560,566$20,179,803$123,454,108
62$189,225,040$35,105,342$20,756,135$135,189,690
63$208,423,162$36,722,671$21,348,633$148,086,433
64$229,576,253$38,416,011$21,957,741$162,261,205
65$252,883,618$40,188,983$22,583,913$177,842,723
66$278,564,889$42,045,385$23,227,615$194,972,760
67$306,862,093$43,989,195$23,889,327$213,807,470
68$338,041,946$46,024,584$24,569,538$234,518,854
69$372,398,361$48,155,925$25,268,754$257,296,373
70$410,255,228$50,387,800$25,987,492$282,348,720
71$451,969,472$52,725,013$26,726,283$309,905,785
72$497,934,417$55,172,597$27,485,673$340,220,807
73$548,583,504$57,735,831$28,266,219$373,572,753
74$604,394,381$60,420,247$29,068,497$410,268,935
75$665,893,411$63,231,642$29,893,095$450,647,903
76$733,660,643$66,176,096$30,740,618$495,082,618
77$808,335,285$69,259,981$31,611,685$543,983,961
78$890,621,739$72,489,976$32,506,932$597,804,593
79$981,296,255$75,873,082$33,427,011$657,043,212
80$1,081,214,250$79,416,641$34,372,594$722,249,241
81$1,191,318,392$83,128,345$35,344,365$794,027,999
82$1,312,647,497$87,016,262$36,343,029$873,046,388
83$1,446,346,331$91,088,848$37,369,310$960,039,174
84$1,593,676,422$95,354,968$38,423,948$1,055,815,900
85$1,756,027,970$99,823,914$39,507,703$1,161,268,502
86$1,934,932,968$104,505,431$40,621,356$1,277,379,710
87$2,132,079,665$109,409,731$41,765,705$1,405,232,294
88$2,349,328,506$114,547,523$42,941,572$1,546,019,264
89$2,588,729,695$119,930,034$44,149,796$1,701,055,103
90$2,852,542,551$125,569,032$45,391,241$1,871,788,145
91$3,143,256,835$131,476,858$46,666,791$2,059,814,222
92$3,463,616,256$137,666,448$47,977,353$2,266,891,692
93$3,816,644,376$144,151,366$49,323,856$2,494,958,010
94$4,205,673,151$150,945,831$50,707,253$2,746,147,980
95$4,634,374,388$158,064,753$52,128,523$3,022,813,873
96$5,106,794,414$165,523,764$53,588,666$3,327,547,598
97$5,627,392,267$173,339,252$55,088,709$3,663,205,125
98$6,201,081,804$181,528,400$56,629,706$4,032,933,410
99$6,833,278,082$190,109,226$58,212,736$4,440,200,059
100$7,529,948,488$199,100,620$59,838,904$4,888,826,014