Can I retire at age 30 with 4,000,000?

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 $4,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$330,316$327,374$324,503$321,702$318,966$307,771
2 years$163,523$160,477$157,526$154,664$151,888$140,727
3 years$107,932$104,874$101,930$99,095$96,364$85,588
4 years$80,143$77,093$74,179$71,392$68,728$58,418
5 years$63,473$60,442$57,566$54,836$52,246$42,430
6 years$52,364$49,356$46,522$43,853$41,340$32,026
7 years$44,431$41,449$38,660$36,054$33,621$24,806
8 years$38,485$35,529$32,787$30,245$27,892$19,569
9 years$33,863$30,935$28,239$25,762$23,489$15,648
10 years$30,167$27,267$24,619$22,207$20,014$12,641
11 years$27,145$24,274$21,675$19,327$17,212$10,294
12 years$24,628$21,787$19,236$16,952$14,916$8,434
13 years$22,501$19,689$17,186$14,966$13,007$6,945
14 years$20,678$17,897$15,441$13,285$11,402$5,742
15 years$19,101$16,349$13,942$11,848$10,039$4,763
16 years$17,722$15,000$12,640$10,609$8,873$3,961
17 years$16,506$13,815$11,502$9,532$7,867$3,301
18 years$15,426$12,765$10,500$8,590$6,995$2,756
19 years$14,462$11,831$9,612$7,762$6,235$2,304
20 years$13,595$10,994$8,821$7,030$5,569$1,929
21 years$12,811$10,240$8,114$6,380$4,984$1,617
22 years$12,100$9,559$7,478$5,801$4,467$1,356
23 years$11,451$8,940$6,905$5,283$4,010$1,138
24 years$10,858$8,376$6,386$4,818$3,604$956
25 years$10,313$7,861$5,915$4,400$3,243$803
26 years$9,810$7,388$5,486$4,024$2,921$675
27 years$9,346$6,953$5,094$3,683$2,634$568
28 years$8,915$6,552$4,735$3,374$2,377$478
29 years$8,515$6,181$4,407$3,094$2,146$402
30 years$8,142$5,837$4,105$2,840$1,939$338
31 years$7,794$5,518$3,827$2,608$1,753$285
32 years$7,469$5,221$3,570$2,397$1,586$240
33 years$7,163$4,945$3,334$2,204$1,435$202
34 years$6,877$4,686$3,115$2,028$1,299$170
35 years$6,607$4,445$2,912$1,867$1,177$143
36 years$6,353$4,219$2,724$1,719$1,066$120
37 years$6,113$4,007$2,550$1,584$966$101
38 years$5,886$3,808$2,388$1,460$876$85
39 years$5,672$3,621$2,237$1,346$795$72
40 years$5,469$3,445$2,097$1,242$721$61
41 years$5,276$3,279$1,966$1,146$654$51
42 years$5,093$3,123$1,844$1,057$593$43
43 years$4,918$2,976$1,731$976$538$36
44 years$4,753$2,837$1,624$901$489$31
45 years$4,595$2,705$1,525$832$444$26
46 years$4,444$2,580$1,433$769$403$22
47 years$4,300$2,462$1,346$710$366$18
48 years$4,163$2,351$1,265$656$332$15
49 years$4,031$2,245$1,189$607$302$13
50 years$3,905$2,144$1,118$561$274$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $4,000,000, adding $6,438 every year, while hoping to spend $52,989 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: 40/35/25 Blend
29$4,000,000$4,000,000$4,000,000$4,000,000
30$4,414,641$4,202,641$4,140,641$4,558,371
31$4,808,554$4,352,190$4,222,972$4,812,367
32$5,240,871$4,507,292$4,306,286$5,081,522
33$5,715,452$4,668,161$4,390,559$5,371,676
34$6,236,551$4,835,024$4,475,765$5,684,780
35$6,808,852$5,008,114$4,561,877$6,022,979
36$7,437,518$5,187,674$4,648,863$6,388,629
37$8,128,234$5,373,959$4,736,689$6,784,321
38$8,887,264$5,567,233$4,825,318$7,212,903
39$9,721,508$5,767,771$4,914,709$7,677,508
40$10,638,569$5,975,859$5,004,819$8,181,581
41$11,646,823$6,191,795$5,095,600$8,728,912
42$12,755,497$6,415,891$5,187,000$9,323,668
43$13,974,757$6,648,469$5,278,964$9,970,436
44$15,315,805$6,889,867$5,371,433$10,674,262
45$16,790,982$7,140,436$5,464,341$11,440,698
46$18,413,886$7,400,541$5,557,620$12,275,854
47$20,199,498$7,670,563$5,651,196$13,186,455
48$22,164,325$7,950,899$5,744,989$14,179,904
49$24,326,556$8,241,962$5,838,916$15,264,347
50$26,706,230$8,544,184$5,932,885$16,448,754
51$29,325,430$8,858,014$6,026,801$17,742,998
52$32,208,486$9,183,919$6,120,561$19,157,949
53$35,382,208$9,522,386$6,214,056$20,705,576
54$38,876,135$9,873,925$6,307,169$22,399,058
55$42,722,818$10,239,065$6,399,777$24,252,905
56$46,958,125$10,618,359$6,491,749$26,283,097
57$51,621,577$11,012,382$6,582,945$28,507,231
58$56,756,723$11,421,733$6,673,219$30,944,685
59$62,411,551$11,847,041$6,762,414$33,616,803
60$68,638,939$12,288,956$6,850,365$36,547,090
61$75,497,156$12,748,159$6,936,897$39,761,435
62$83,050,407$13,225,360$7,021,824$43,288,354
63$91,369,445$13,721,299$7,104,951$47,159,256
64$100,532,233$14,236,748$7,186,072$51,408,738
65$110,624,684$14,772,511$7,264,969$56,074,908
66$121,741,466$15,329,429$7,341,410$61,199,747
67$133,986,903$15,908,378$7,415,154$66,829,499
68$147,475,949$16,510,271$7,485,944$73,015,106
69$162,335,284$17,136,062$7,553,511$79,812,688
70$178,704,499$17,786,745$7,617,570$87,284,071
71$196,737,421$18,463,359$7,677,822$95,497,364
72$216,603,561$19,166,987$7,733,952$104,527,605
73$238,489,713$19,898,758$7,785,628$114,457,463
74$262,601,719$20,659,852$7,832,502$125,378,015
75$289,166,411$21,451,501$7,874,207$137,389,608
76$318,433,749$22,274,990$7,910,358$150,602,796
77$350,679,186$23,131,658$7,940,549$165,139,386
78$386,206,261$24,022,907$7,964,355$181,133,584
79$425,349,468$24,950,198$7,981,329$198,733,257
80$468,477,412$25,915,057$7,991,003$218,101,324
81$515,996,289$26,919,076$7,992,882$239,417,294
82$568,353,719$27,963,918$7,986,452$262,878,957
83$626,042,969$29,051,321$7,971,169$288,704,242
84$689,607,613$30,183,097$7,946,464$317,133,277
85$759,646,662$31,361,141$7,911,743$348,430,647
86$836,820,214$32,587,429$7,866,379$382,887,888
87$921,855,690$33,864,028$7,809,717$420,826,238
88$1,015,554,700$35,193,095$7,741,072$462,599,661
89$1,118,800,605$36,576,882$7,659,723$508,598,185
90$1,232,566,861$38,017,743$7,564,918$559,251,579
91$1,357,926,205$39,518,138$7,455,868$615,033,407
92$1,496,060,785$41,080,633$7,331,747$676,465,487
93$1,648,273,315$42,707,914$7,191,689$744,122,820
94$1,815,999,374$44,402,782$7,034,792$818,639,005
95$2,000,820,959$46,168,168$6,860,107$900,712,218
96$2,204,481,420$48,007,132$6,666,644$991,111,796
97$2,428,901,915$49,922,871$6,453,366$1,090,685,493
98$2,676,199,548$51,918,729$6,219,191$1,200,367,476
99$2,948,707,352$53,998,197$5,962,984$1,321,187,136
100$3,248,996,319$56,164,926$5,683,562$1,454,278,802