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%12.2%
1 years$363,348$360,111$356,954$353,872$350,862$347,632
2 years$179,875$176,525$173,278$170,131$167,077$163,823
3 years$118,726$115,361$112,123$109,004$106,001$102,823
4 years$88,157$84,803$81,597$78,531$75,601$72,524
5 years$69,820$66,486$63,322$60,320$57,470$54,504
6 years$57,600$54,291$51,174$48,238$45,474$42,621
7 years$48,875$45,594$42,526$39,659$36,983$34,245
8 years$42,334$39,082$36,065$33,269$30,681$28,058
9 years$37,249$34,028$31,063$28,338$25,838$23,329
10 years$33,183$29,994$27,081$24,428$22,015$19,619
11 years$29,859$26,702$23,842$21,259$18,934$16,648
12 years$27,091$23,966$21,159$18,647$16,407$14,231
13 years$24,751$21,658$18,904$16,463$14,308$12,237
14 years$22,746$19,687$16,986$14,614$12,542$10,574
15 years$21,011$17,984$15,336$13,033$11,043$9,176
16 years$19,494$16,500$13,904$11,670$9,760$7,990
17 years$18,156$15,196$12,652$10,485$8,654$6,978
18 years$16,969$14,042$11,550$9,449$7,694$6,110
19 years$15,908$13,014$10,573$8,538$6,858$5,362
20 years$14,954$12,093$9,704$7,733$6,126$4,714
21 years$14,092$11,264$8,925$7,018$5,482$4,151
22 years$13,310$10,515$8,226$6,381$4,914$3,661
23 years$12,597$9,834$7,595$5,811$4,411$3,233
24 years$11,944$9,214$7,024$5,300$3,965$2,857
25 years$11,344$8,647$6,506$4,841$3,568$2,528
26 years$10,791$8,127$6,034$4,426$3,214$2,239
27 years$10,280$7,648$5,603$4,051$2,897$1,984
28 years$9,807$7,207$5,209$3,712$2,614$1,759
29 years$9,367$6,799$4,847$3,404$2,361$1,561
30 years$8,956$6,421$4,515$3,124$2,133$1,386
31 years$8,574$6,070$4,209$2,869$1,928$1,231
32 years$8,216$5,743$3,927$2,637$1,744$1,093
33 years$7,880$5,439$3,667$2,425$1,579$972
34 years$7,564$5,155$3,426$2,231$1,429$864
35 years$7,268$4,889$3,203$2,054$1,295$768
36 years$6,988$4,641$2,997$1,891$1,173$683
37 years$6,724$4,408$2,805$1,743$1,063$608
38 years$6,475$4,189$2,627$1,606$964$541
39 years$6,239$3,983$2,461$1,481$874$482
40 years$6,015$3,790$2,306$1,366$793$429
41 years$5,803$3,607$2,163$1,260$719$382
42 years$5,602$3,436$2,029$1,163$653$340
43 years$5,410$3,273$1,904$1,074$592$303
44 years$5,228$3,120$1,787$991$538$269
45 years$5,054$2,975$1,678$916$488$240
46 years$4,888$2,838$1,576$846$443$214
47 years$4,730$2,709$1,481$781$402$190
48 years$4,579$2,586$1,391$722$365$170
49 years$4,434$2,469$1,308$667$332$151
50 years$4,296$2,359$1,229$617$301$135

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 $6,977 every year, while hoping to spend $32,049 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: 37/40/23 Blend
29$4,400,000$4,400,000$4,400,000$4,400,000
30$4,855,997$4,622,797$4,554,597$5,001,892
31$5,317,209$4,815,214$4,673,076$5,301,534
32$5,824,390$5,015,985$4,794,450$5,621,497
33$6,382,196$5,225,487$4,918,782$5,966,470
34$6,995,755$5,444,111$5,046,136$6,338,724
35$7,670,718$5,672,268$5,176,578$6,740,752
36$8,413,311$5,910,390$5,310,174$7,175,288
37$9,230,395$6,158,925$5,446,990$7,645,334
38$10,129,527$6,418,344$5,587,096$8,154,187
39$11,119,036$6,689,140$5,730,562$8,705,465
40$12,208,099$6,971,829$5,877,456$9,303,143
41$13,406,826$7,266,949$6,027,852$9,951,586
42$14,726,358$7,575,066$6,181,821$10,655,592
43$16,178,972$7,896,769$6,339,437$11,420,432
44$17,778,194$8,232,678$6,500,775$12,251,899
45$19,538,929$8,583,438$6,665,910$13,156,358
46$21,477,600$8,949,728$6,834,919$14,140,809
47$23,612,306$9,332,255$7,007,880$15,212,947
48$25,962,988$9,731,762$7,184,870$16,381,233
49$28,551,619$10,149,025$7,365,970$17,654,972
50$31,402,414$10,584,856$7,551,259$19,044,396
51$34,542,053$11,040,107$7,740,819$20,560,761
52$37,999,938$11,515,668$7,934,732$22,216,449
53$41,808,467$12,012,471$8,133,081$24,025,079
54$46,003,341$12,531,492$8,335,950$26,001,640
55$50,623,900$13,073,754$8,543,422$28,162,619
56$55,713,494$13,640,325$8,755,584$30,526,163
57$61,319,896$14,232,325$8,972,521$33,112,239
58$67,495,744$14,850,928$9,194,319$35,942,824
59$74,299,047$15,497,361$9,421,066$39,042,106
60$81,793,727$16,172,909$9,652,849$42,436,710
61$90,050,224$16,878,919$9,889,757$46,155,941
62$99,146,161$17,616,799$10,131,877$50,232,063
63$109,167,073$18,388,026$10,379,299$54,700,593
64$120,207,221$19,194,146$10,632,112$59,600,634
65$132,370,475$20,036,776$10,890,404$64,975,239
66$145,771,297$20,917,612$11,154,267$70,871,811
67$160,535,822$21,838,428$11,423,788$77,342,547
68$176,803,049$22,801,084$11,699,058$84,444,922
69$194,726,149$23,807,526$11,980,165$92,242,231
70$214,473,914$24,859,793$12,267,199$100,804,172
71$236,232,351$25,960,021$12,560,248$110,207,506
72$260,206,435$27,110,445$12,859,400$120,536,769
73$286,622,044$28,313,410$13,164,742$131,885,064
74$315,728,094$29,571,368$13,476,363$144,354,935
75$347,798,885$30,886,891$13,794,346$158,059,323
76$383,136,692$32,262,669$14,118,777$173,122,630
77$422,074,618$33,701,524$14,449,740$189,681,877
78$464,979,739$35,206,409$14,787,317$207,887,996
79$512,256,569$36,780,419$15,131,588$227,907,240
80$564,350,875$38,426,796$15,482,632$249,922,746
81$621,753,891$40,148,935$15,840,527$274,136,254
82$685,006,950$41,950,395$16,205,347$300,769,998
83$754,706,597$43,834,903$16,577,164$330,068,794
84$831,510,219$45,806,363$16,956,049$362,302,341
85$916,142,253$47,868,866$17,342,068$397,767,753
86$1,009,401,021$50,026,699$17,735,286$436,792,353
87$1,112,166,270$52,284,351$18,135,762$479,736,746
88$1,225,407,474$54,646,529$18,543,554$526,998,216
89$1,350,192,988$57,118,161$18,958,715$579,014,453
90$1,487,700,134$59,704,412$19,381,294$636,267,679
91$1,639,226,315$62,410,695$19,811,334$699,289,178
92$1,806,201,259$65,242,679$20,248,874$768,664,298
93$1,990,200,525$68,206,308$20,693,949$845,037,957
94$2,192,960,368$71,307,807$21,146,585$929,120,716
95$2,416,394,136$74,553,699$21,606,806$1,021,695,467
96$2,662,610,330$77,950,823$22,074,627$1,123,624,802
97$2,933,932,512$81,506,341$22,550,055$1,235,859,140
98$3,232,921,238$85,227,762$23,033,091$1,359,445,673
99$3,562,398,233$89,122,952$23,523,729$1,495,538,230
100$3,925,473,032$93,200,155$24,021,953$1,645,408,149