Can I retire at age 30 with 4,200,000?

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 $4,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$346,832$343,743$340,729$337,787$334,914$323,031
2 years$171,699$168,501$165,402$162,397$159,483$147,638
3 years$113,329$110,117$107,026$104,050$101,182$89,747
4 years$84,150$80,948$77,888$74,962$72,164$61,226
5 years$66,647$63,464$60,444$57,578$54,858$44,446
6 years$54,982$51,823$48,848$46,046$43,407$33,529
7 years$46,653$43,521$40,593$37,857$35,302$25,956
8 years$40,409$37,306$34,426$31,757$29,286$20,464
9 years$35,556$32,481$29,651$27,050$24,663$16,354
10 years$31,675$28,631$25,850$23,317$21,014$13,203
11 years$28,502$25,488$22,758$20,293$18,073$10,744
12 years$25,860$22,877$20,197$17,800$15,662$8,797
13 years$23,626$20,674$18,045$15,714$13,657$7,239
14 years$21,712$18,792$16,214$13,950$11,972$5,981
15 years$20,056$17,167$14,639$12,441$10,541$4,957
16 years$18,608$15,750$13,272$11,139$9,316$4,119
17 years$17,331$14,505$12,077$10,008$8,260$3,431
18 years$16,198$13,404$11,025$9,020$7,345$2,862
19 years$15,185$12,422$10,093$8,150$6,547$2,391
20 years$14,274$11,543$9,263$7,381$5,847$2,001
21 years$13,452$10,752$8,520$6,699$5,233$1,675
22 years$12,705$10,037$7,852$6,091$4,690$1,404
23 years$12,024$9,387$7,250$5,547$4,210$1,178
24 years$11,401$8,795$6,705$5,059$3,784$988
25 years$10,828$8,254$6,210$4,621$3,405$830
26 years$10,301$7,757$5,760$4,225$3,067$697
27 years$9,813$7,301$5,348$3,867$2,766$585
28 years$9,361$6,879$4,972$3,543$2,495$492
29 years$8,941$6,490$4,627$3,249$2,253$414
30 years$8,549$6,129$4,310$2,982$2,036$348
31 years$8,184$5,794$4,018$2,739$1,841$293
32 years$7,842$5,482$3,749$2,517$1,665$246
33 years$7,522$5,192$3,500$2,314$1,507$207
34 years$7,221$4,921$3,270$2,129$1,364$174
35 years$6,937$4,667$3,058$1,960$1,236$147
36 years$6,671$4,430$2,860$1,805$1,120$123
37 years$6,419$4,207$2,677$1,663$1,015$104
38 years$6,181$3,998$2,507$1,533$920$87
39 years$5,956$3,802$2,349$1,414$834$73
40 years$5,742$3,617$2,202$1,304$757$62
41 years$5,540$3,443$2,064$1,203$687$52
42 years$5,347$3,279$1,937$1,110$623$44
43 years$5,164$3,125$1,817$1,025$565$37
44 years$4,990$2,978$1,706$946$513$31
45 years$4,824$2,840$1,602$874$466$26
46 years$4,666$2,709$1,504$807$423$22
47 years$4,515$2,586$1,413$746$384$18
48 years$4,371$2,468$1,328$689$349$16
49 years$4,233$2,357$1,248$637$317$13
50 years$4,101$2,252$1,174$589$288$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $4,200,000, adding $3,469 every year, while hoping to spend $27,878 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: 48/31/21 Blend
29$4,200,000$4,200,000$4,200,000$4,200,000
30$4,631,978$4,409,378$4,344,278$4,826,623
31$5,074,778$4,595,776$4,460,150$5,148,975
32$5,561,809$4,790,373$4,578,968$5,495,730
33$6,097,554$4,993,541$4,700,804$5,871,697
34$6,686,950$5,205,670$4,825,726$6,279,630
35$7,335,439$5,427,168$4,953,808$6,722,555
36$8,049,016$5,658,462$5,085,124$7,203,798
37$8,834,287$5,899,998$5,219,747$7,727,016
38$9,698,531$6,152,244$5,357,754$8,296,226
39$10,649,766$6,415,689$5,499,224$8,915,848
40$11,696,830$6,690,845$5,644,236$9,590,739
41$12,849,459$6,978,249$5,792,870$10,326,241
42$14,118,382$7,278,462$5,945,209$11,128,231
43$15,515,421$7,592,070$6,101,338$12,003,170
44$17,053,602$7,919,690$6,261,341$12,958,168
45$18,747,280$8,261,965$6,425,306$14,001,045
46$20,612,270$8,619,569$6,593,322$15,140,408
47$22,666,001$8,993,208$6,765,478$16,385,723
48$24,927,679$9,383,620$6,941,867$17,747,410
49$27,418,464$9,791,580$7,122,582$19,236,934
50$30,161,677$10,217,897$7,307,718$20,866,915
51$33,183,013$10,663,419$7,497,371$22,651,242
52$36,510,788$11,129,034$7,691,641$24,605,202
53$40,176,204$11,615,672$7,890,626$26,745,625
54$44,213,644$12,124,307$8,094,429$29,091,036
55$48,660,996$12,655,958$8,303,153$31,661,831
56$53,560,010$13,211,694$8,516,902$34,480,464
57$58,956,696$13,792,631$8,735,782$37,571,659
58$64,901,751$14,399,942$8,959,903$40,962,638
59$71,451,043$15,034,852$9,189,373$44,683,374
60$78,666,135$15,698,646$9,424,303$48,766,876
61$86,614,871$16,392,670$9,664,807$53,249,490
62$95,372,008$17,118,331$9,910,999$58,171,244
63$105,019,930$17,877,106$10,162,994$63,576,220
64$115,649,419$18,670,541$10,420,911$69,512,968
65$127,360,516$19,500,253$10,684,867$76,034,957
66$140,263,463$20,367,940$10,954,984$83,201,078
67$154,479,743$21,275,376$11,231,383$91,076,197
68$170,143,231$22,224,423$11,514,189$99,731,757
69$187,401,451$23,217,030$11,803,524$109,246,457
70$206,416,972$24,255,239$12,099,516$119,706,979
71$227,368,946$25,341,187$12,402,292$131,208,810
72$250,454,790$26,477,117$12,711,980$143,857,134
73$275,892,057$27,665,375$13,028,711$157,767,820
74$303,920,489$28,908,420$13,352,614$173,068,508
75$334,804,275$30,208,829$13,683,823$189,899,812
76$368,834,550$31,569,301$14,022,470$208,416,636
77$406,332,141$32,992,663$14,368,689$228,789,635
78$447,650,594$34,481,878$14,722,616$251,206,814
79$493,179,516$36,040,052$15,084,385$275,875,297
80$543,348,248$37,670,435$15,454,133$303,023,277
81$598,629,919$39,376,437$15,831,996$332,902,158
82$659,545,916$41,161,627$16,218,113$365,788,924
83$726,670,800$43,029,748$16,612,621$401,988,743
84$800,637,736$44,984,719$17,015,657$441,837,837
85$882,144,464$47,030,650$17,427,361$485,706,650
86$971,959,891$49,171,843$17,847,869$534,003,333
87$1,070,931,348$51,412,811$18,277,321$587,177,587
88$1,179,992,586$53,758,280$18,715,852$645,724,898
89$1,300,172,598$56,213,204$19,163,601$710,191,200
90$1,432,605,325$58,782,773$19,620,704$781,178,023
91$1,578,540,367$61,472,428$20,087,296$859,348,153
92$1,739,354,776$64,287,868$20,563,512$945,431,879
93$1,916,566,058$67,235,069$21,049,485$1,040,233,873
94$2,111,846,500$70,320,291$21,545,346$1,144,640,773
95$2,327,038,954$73,550,096$22,051,226$1,259,629,537
96$2,564,174,237$76,931,361$22,567,253$1,386,276,650
97$2,825,490,305$80,471,293$23,093,551$1,525,768,272
98$3,113,453,376$84,177,446$23,630,245$1,679,411,418
99$3,430,781,216$88,057,737$24,177,454$1,848,646,280
100$3,780,468,798$92,120,464$24,735,297$2,035,059,800