Can I retire at age 30 with 4,100,000?

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 $4,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$338,574$335,558$332,616$329,744$326,940$315,591
2 years$167,611$164,489$161,464$158,531$155,686$144,369
3 years$110,631$107,496$104,478$101,572$98,773$87,845
4 years$82,146$79,021$76,033$73,177$70,446$59,989
5 years$65,060$61,953$59,005$56,207$53,552$43,594
6 years$53,673$50,589$47,685$44,949$42,374$32,923
7 years$45,542$42,485$39,626$36,955$34,461$25,515
8 years$39,447$36,417$33,606$31,001$28,589$20,141
9 years$34,709$31,708$28,945$26,406$24,076$16,115
10 years$30,921$27,949$25,235$22,762$20,514$13,027
11 years$27,823$24,881$22,216$19,810$17,643$10,614
12 years$25,244$22,332$19,716$17,376$15,289$8,703
13 years$23,063$20,182$17,615$15,340$13,332$7,171
14 years$21,195$18,345$15,827$13,617$11,687$5,933
15 years$19,578$16,758$14,290$12,144$10,290$4,924
16 years$18,165$15,375$12,956$10,874$9,094$4,098
17 years$16,918$14,160$11,790$9,770$8,064$3,418
18 years$15,812$13,085$10,762$8,805$7,170$2,856
19 years$14,823$12,127$9,852$7,956$6,391$2,390
20 years$13,935$11,269$9,042$7,206$5,708$2,002
21 years$13,132$10,496$8,317$6,540$5,108$1,679
22 years$12,402$9,798$7,665$5,946$4,579$1,410
23 years$11,738$9,164$7,078$5,415$4,110$1,184
24 years$11,129$8,586$6,546$4,939$3,694$995
25 years$10,570$8,057$6,062$4,510$3,324$837
26 years$10,055$7,573$5,623$4,124$2,994$704
27 years$9,579$7,127$5,221$3,775$2,700$593
28 years$9,138$6,716$4,854$3,459$2,436$499
29 years$8,728$6,335$4,517$3,172$2,200$420
30 years$8,346$5,983$4,207$2,911$1,988$354
31 years$7,989$5,656$3,922$2,673$1,797$298
32 years$7,655$5,352$3,660$2,457$1,625$251
33 years$7,342$5,068$3,417$2,259$1,471$212
34 years$7,049$4,803$3,193$2,079$1,332$178
35 years$6,772$4,556$2,985$1,914$1,206$150
36 years$6,512$4,324$2,792$1,762$1,093$127
37 years$6,266$4,107$2,614$1,624$991$107
38 years$6,034$3,903$2,447$1,497$898$90
39 years$5,814$3,712$2,293$1,380$814$76
40 years$5,605$3,531$2,149$1,273$739$64
41 years$5,408$3,361$2,015$1,174$670$54
42 years$5,220$3,201$1,890$1,084$608$45
43 years$5,041$3,050$1,774$1,000$552$38
44 years$4,871$2,907$1,665$924$501$32
45 years$4,709$2,773$1,563$853$455$27
46 years$4,555$2,645$1,468$788$413$23
47 years$4,408$2,524$1,380$728$375$19
48 years$4,267$2,410$1,296$673$341$16
49 years$4,132$2,301$1,219$622$309$14
50 years$4,003$2,198$1,146$575$281$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $4,100,000, adding $2,664 every year, while hoping to spend $23,113 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: 40/43/17 Blend
29$4,100,000$4,100,000$4,100,000$4,100,000
30$4,520,948$4,303,648$4,240,098$4,678,859
31$4,957,493$4,489,935$4,357,549$4,977,799
32$5,437,790$4,684,575$4,478,160$5,298,553
33$5,966,279$4,887,953$4,602,013$5,645,063
34$6,547,849$5,100,473$4,729,190$6,019,681
35$7,187,890$5,322,556$4,859,778$6,424,987
36$7,892,338$5,554,644$4,993,864$6,863,813
37$8,667,734$5,797,200$5,131,536$7,339,267
38$9,521,288$6,050,708$5,272,888$7,854,761
39$10,460,942$6,315,675$5,418,012$8,414,042
40$11,495,449$6,592,633$5,567,006$9,021,224
41$12,634,450$6,882,138$5,719,966$9,680,827
42$13,888,574$7,184,772$5,876,995$10,397,814
43$15,269,528$7,501,146$6,038,194$11,177,641
44$16,790,216$7,831,898$6,203,670$12,026,302
45$18,464,855$8,177,698$6,373,529$12,950,384
46$20,309,111$8,539,246$6,547,883$13,957,130
47$22,340,247$8,917,277$6,726,845$15,054,499
48$24,577,287$9,312,558$6,910,529$16,251,244
49$27,041,193$9,725,896$7,099,054$17,556,990
50$29,755,064$10,158,134$7,292,541$18,982,320
51$32,744,353$10,610,154$7,491,114$20,538,874
52$36,037,108$11,082,884$7,694,898$22,239,456
53$39,664,240$11,577,291$7,904,023$24,098,150
54$43,659,805$12,094,392$8,118,621$26,130,452
55$48,061,338$12,635,250$8,338,828$28,353,408
56$52,910,197$13,200,979$8,564,780$30,785,777
57$58,251,957$13,792,747$8,796,620$33,448,200
58$64,136,841$14,411,776$9,034,492$36,363,393
59$70,620,194$15,059,348$9,278,543$39,556,355
60$77,763,003$15,736,806$9,528,923$43,054,601
61$85,632,474$16,445,554$9,785,787$46,888,417
62$94,302,667$17,187,067$10,049,291$51,091,142
63$103,855,194$17,962,888$10,319,597$55,699,474
64$114,379,989$18,774,634$10,596,869$60,753,814
65$125,976,156$19,624,000$10,881,273$66,298,642
66$138,752,910$20,512,762$11,172,981$72,382,931
67$152,830,599$21,442,779$11,472,168$79,060,599
68$168,341,846$22,416,001$11,779,011$86,391,019
69$185,432,799$23,434,471$12,093,694$94,439,566
70$204,264,513$24,500,328$12,416,401$103,278,229
71$225,014,465$25,615,816$12,747,322$112,986,288
72$247,878,234$26,783,284$13,086,650$123,651,046
73$273,071,344$28,005,195$13,434,583$135,368,653
74$300,831,301$29,284,130$13,791,322$148,245,002
75$331,419,835$30,622,794$14,157,073$162,396,718
76$365,125,367$32,024,020$14,532,044$177,952,253
77$402,265,736$33,490,778$14,916,448$195,053,087
78$443,191,196$35,026,181$15,310,504$213,855,056
79$488,287,726$36,633,491$15,714,433$234,529,808
80$537,980,668$38,316,127$16,128,462$257,266,419
81$592,738,750$40,077,671$16,552,819$282,273,158
82$653,078,504$41,921,878$16,987,740$309,779,448
83$719,569,146$43,852,685$17,433,463$340,038,017
84$792,837,947$45,874,214$17,890,233$373,327,271
85$873,576,157$47,990,791$18,358,295$409,953,905
86$962,545,530$50,206,944$18,837,903$450,255,789
87$1,060,585,514$52,527,425$19,329,313$494,605,140
88$1,168,621,178$54,957,209$19,832,786$543,412,018
89$1,287,671,941$57,501,515$20,348,587$597,128,185
90$1,418,861,201$60,165,812$20,876,987$656,251,348
91$1,563,426,937$62,955,830$21,418,259$721,329,844
92$1,722,733,398$65,877,580$21,972,685$792,967,792
93$1,898,283,981$68,937,357$22,540,546$871,830,780
94$2,091,735,424$72,141,765$23,122,131$958,652,128
95$2,304,913,449$75,497,723$23,717,734$1,054,239,787
96$2,539,829,994$79,012,484$24,327,651$1,159,483,944
97$2,798,702,211$82,693,654$24,952,185$1,275,365,402
98$3,083,973,395$86,549,201$25,591,642$1,402,964,817
99$3,398,336,051$90,587,482$26,246,332$1,543,472,867
100$3,744,757,316$94,817,257$26,916,572$1,698,201,474