Can I retire at age 30 with 4,400,000?

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 $4,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$363,348$360,111$356,954$353,872$350,862$348,505
2 years$179,875$176,525$173,278$170,131$167,077$164,700
3 years$118,726$115,361$112,123$109,004$106,001$103,677
4 years$88,157$84,803$81,597$78,531$75,601$73,348
5 years$69,820$66,486$63,322$60,320$57,470$55,296
6 years$57,600$54,291$51,174$48,238$45,474$43,381
7 years$48,875$45,594$42,526$39,659$36,983$34,971
8 years$42,334$39,082$36,065$33,269$30,681$28,751
9 years$37,249$34,028$31,063$28,338$25,838$23,989
10 years$33,183$29,994$27,081$24,428$22,015$20,247
11 years$29,859$26,702$23,842$21,259$18,934$17,245
12 years$27,091$23,966$21,159$18,647$16,407$14,796
13 years$24,751$21,658$18,904$16,463$14,308$12,772
14 years$22,746$19,687$16,986$14,614$12,542$11,081
15 years$21,011$17,984$15,336$13,033$11,043$9,654
16 years$19,494$16,500$13,904$11,670$9,760$8,441
17 years$18,156$15,196$12,652$10,485$8,654$7,403
18 years$16,969$14,042$11,550$9,449$7,694$6,510
19 years$15,908$13,014$10,573$8,538$6,858$5,737
20 years$14,954$12,093$9,704$7,733$6,126$5,066
21 years$14,092$11,264$8,925$7,018$5,482$4,481
22 years$13,310$10,515$8,226$6,381$4,914$3,969
23 years$12,597$9,834$7,595$5,811$4,411$3,521
24 years$11,944$9,214$7,024$5,300$3,965$3,127
25 years$11,344$8,647$6,506$4,841$3,568$2,779
26 years$10,791$8,127$6,034$4,426$3,214$2,473
27 years$10,280$7,648$5,603$4,051$2,897$2,202
28 years$9,807$7,207$5,209$3,712$2,614$1,962
29 years$9,367$6,799$4,847$3,404$2,361$1,749
30 years$8,956$6,421$4,515$3,124$2,133$1,560
31 years$8,574$6,070$4,209$2,869$1,928$1,392
32 years$8,216$5,743$3,927$2,637$1,744$1,243
33 years$7,880$5,439$3,667$2,425$1,579$1,110
34 years$7,564$5,155$3,426$2,231$1,429$992
35 years$7,268$4,889$3,203$2,054$1,295$887
36 years$6,988$4,641$2,997$1,891$1,173$793
37 years$6,724$4,408$2,805$1,743$1,063$709
38 years$6,475$4,189$2,627$1,606$964$634
39 years$6,239$3,983$2,461$1,481$874$567
40 years$6,015$3,790$2,306$1,366$793$508
41 years$5,803$3,607$2,163$1,260$719$454
42 years$5,602$3,436$2,029$1,163$653$407
43 years$5,410$3,273$1,904$1,074$592$364
44 years$5,228$3,120$1,787$991$538$326
45 years$5,054$2,975$1,678$916$488$292
46 years$4,888$2,838$1,576$846$443$261
47 years$4,730$2,709$1,481$781$402$234
48 years$4,579$2,586$1,391$722$365$209
49 years$4,434$2,469$1,308$667$332$188
50 years$4,296$2,359$1,229$617$301$168

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $4,400,000, adding $5,550 every year, while hoping to spend $23,632 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: 65/12/23 Blend
29$4,400,000$4,400,000$4,400,000$4,400,000
30$4,854,525$4,621,325$4,553,125$5,140,872
31$5,324,542$4,822,625$4,680,510$5,535,631
32$5,841,709$5,032,998$4,811,371$5,963,729
33$6,410,810$5,252,861$4,945,799$6,431,072
34$7,037,117$5,482,656$5,083,887$6,941,513
35$7,726,437$5,722,840$5,225,732$7,499,295
36$8,485,172$5,973,898$5,371,432$8,109,085
37$9,320,373$6,236,332$5,521,088$8,776,022
38$10,239,810$6,510,671$5,674,803$9,505,764
39$11,252,045$6,797,469$5,832,684$10,304,538
40$12,366,514$7,097,305$5,994,839$11,179,201
41$13,593,611$7,410,786$6,161,379$12,137,303
42$14,944,792$7,738,547$6,332,418$13,187,156
43$16,432,680$8,081,255$6,508,073$14,337,913
44$18,071,183$8,439,606$6,688,463$15,599,653
45$19,875,628$8,814,331$6,873,711$16,983,476
46$21,862,903$9,206,194$7,063,942$18,501,606
47$24,051,620$9,615,998$7,259,284$20,167,504
48$26,462,284$10,044,581$7,459,869$21,995,997
49$29,117,495$10,492,823$7,665,832$24,003,415
50$32,042,152$10,961,645$7,877,311$26,207,743
51$35,263,697$11,452,011$8,094,447$28,628,791
52$38,812,367$11,964,932$8,317,383$31,288,381
53$42,721,482$12,501,468$8,546,269$34,210,547
54$47,027,760$13,062,726$8,781,256$37,421,768
55$51,771,662$13,649,870$9,022,498$40,951,208
56$56,997,774$14,264,116$9,270,154$44,830,996
57$62,755,230$14,906,741$9,524,388$49,096,525
58$69,098,173$15,579,080$9,785,364$53,786,786
59$76,086,266$16,282,534$10,053,253$58,944,733
60$83,785,256$17,018,570$10,328,228$64,617,686
61$92,267,597$17,788,725$10,610,469$70,857,779
62$101,613,129$18,594,609$10,900,156$77,722,449
63$111,909,833$19,437,910$11,197,476$85,274,972
64$123,254,664$20,320,396$11,502,620$93,585,067
65$135,754,463$21,243,919$11,815,781$102,729,543
66$149,526,969$22,210,421$12,137,161$112,793,027
67$164,701,925$23,221,937$12,466,961$123,868,760
68$181,422,308$24,280,599$12,805,390$136,059,474
69$199,845,674$25,388,639$13,152,662$149,478,359
70$220,145,650$26,548,399$13,508,993$164,250,130
71$242,513,569$27,762,333$13,874,607$180,512,200
72$267,160,277$29,033,011$14,249,730$198,415,977
73$294,318,124$30,363,128$14,634,595$218,128,288
74$324,243,158$31,755,506$15,029,439$239,832,952
75$357,217,539$33,213,106$15,434,504$263,732,510
76$393,552,208$34,739,027$15,850,040$290,050,139
77$433,589,814$36,336,521$16,276,297$319,031,748
78$477,707,958$38,008,993$16,713,536$350,948,303
79$526,322,750$39,760,014$17,162,020$386,098,375
80$579,892,741$41,593,325$17,622,018$424,810,961
81$638,923,251$43,512,849$18,093,806$467,448,581
82$703,971,139$45,522,694$18,577,665$514,410,696
83$775,650,059$47,627,170$19,073,880$566,137,478
84$854,636,256$49,830,792$19,582,746$623,113,960
85$941,674,946$52,138,293$20,104,560$685,874,608
86$1,037,587,355$54,554,635$20,639,628$755,008,361
87$1,143,278,469$57,085,016$21,188,259$831,164,192
88$1,259,745,579$59,734,887$21,750,772$915,057,220
89$1,388,087,694$62,509,963$22,327,489$1,007,475,463
90$1,529,515,920$65,416,232$22,918,740$1,109,287,267
91$1,685,364,887$68,459,970$23,524,862$1,221,449,501
92$1,857,105,357$71,647,760$24,146,196$1,345,016,579
93$2,046,358,102$74,986,500$24,783,092$1,481,150,414
94$2,254,909,209$78,483,419$25,435,907$1,631,131,375
95$2,484,726,941$82,146,099$26,105,002$1,796,370,368
96$2,737,980,316$85,982,485$26,790,747$1,978,422,150
97$3,017,059,589$90,000,908$27,493,518$2,179,000,000
98$3,324,598,815$94,210,099$28,213,698$2,399,991,881
99$3,663,500,714$98,619,215$28,951,677$2,643,478,258
100$4,036,964,082$103,237,851$29,707,853$2,911,751,729