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%14.3%
1 years$363,348$360,111$356,954$353,872$350,862$344,624
2 years$179,875$176,525$173,278$170,131$167,077$160,814
3 years$118,726$115,361$112,123$109,004$106,001$99,907
4 years$88,157$84,803$81,597$78,531$75,601$69,724
5 years$69,820$66,486$63,322$60,320$57,470$51,827
6 years$57,600$54,291$51,174$48,238$45,474$40,071
7 years$48,875$45,594$42,526$39,659$36,983$31,820
8 years$42,334$39,082$36,065$33,269$30,681$25,759
9 years$37,249$34,028$31,063$28,338$25,838$21,153
10 years$33,183$29,994$27,081$24,428$22,015$17,563
11 years$29,859$26,702$23,842$21,259$18,934$14,710
12 years$27,091$23,966$21,159$18,647$16,407$12,406
13 years$24,751$21,658$18,904$16,463$14,308$10,523
14 years$22,746$19,687$16,986$14,614$12,542$8,967
15 years$21,011$17,984$15,336$13,033$11,043$7,670
16 years$19,494$16,500$13,904$11,670$9,760$6,582
17 years$18,156$15,196$12,652$10,485$8,654$5,664
18 years$16,969$14,042$11,550$9,449$7,694$4,885
19 years$15,908$13,014$10,573$8,538$6,858$4,222
20 years$14,954$12,093$9,704$7,733$6,126$3,654
21 years$14,092$11,264$8,925$7,018$5,482$3,168
22 years$13,310$10,515$8,226$6,381$4,914$2,749
23 years$12,597$9,834$7,595$5,811$4,411$2,389
24 years$11,944$9,214$7,024$5,300$3,965$2,077
25 years$11,344$8,647$6,506$4,841$3,568$1,808
26 years$10,791$8,127$6,034$4,426$3,214$1,574
27 years$10,280$7,648$5,603$4,051$2,897$1,372
28 years$9,807$7,207$5,209$3,712$2,614$1,196
29 years$9,367$6,799$4,847$3,404$2,361$1,043
30 years$8,956$6,421$4,515$3,124$2,133$910
31 years$8,574$6,070$4,209$2,869$1,928$795
32 years$8,216$5,743$3,927$2,637$1,744$694
33 years$7,880$5,439$3,667$2,425$1,579$606
34 years$7,564$5,155$3,426$2,231$1,429$529
35 years$7,268$4,889$3,203$2,054$1,295$463
36 years$6,988$4,641$2,997$1,891$1,173$404
37 years$6,724$4,408$2,805$1,743$1,063$353
38 years$6,475$4,189$2,627$1,606$964$309
39 years$6,239$3,983$2,461$1,481$874$270
40 years$6,015$3,790$2,306$1,366$793$236
41 years$5,803$3,607$2,163$1,260$719$206
42 years$5,602$3,436$2,029$1,163$653$180
43 years$5,410$3,273$1,904$1,074$592$158
44 years$5,228$3,120$1,787$991$538$138
45 years$5,054$2,975$1,678$916$488$121
46 years$4,888$2,838$1,576$846$443$106
47 years$4,730$2,709$1,481$781$402$92
48 years$4,579$2,586$1,391$722$365$81
49 years$4,434$2,469$1,308$667$332$71
50 years$4,296$2,359$1,229$617$301$62

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 $6,171 every year, while hoping to spend $56,917 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: 70/6/24 Blend
29$4,400,000$4,400,000$4,400,000$4,400,000
30$4,855,165$4,621,965$4,553,765$5,165,173
31$5,289,833$4,787,882$4,645,757$5,539,249
32$5,766,929$4,960,022$4,738,923$5,941,381
33$6,290,721$5,138,628$4,833,243$6,380,233
34$6,865,911$5,323,957$4,928,692$6,859,441
35$7,497,676$5,516,273$5,025,245$7,383,011
36$8,191,721$5,715,853$5,122,874$7,955,353
37$8,954,332$5,922,984$5,221,545$8,581,325
38$9,792,431$6,137,968$5,321,224$9,266,279
39$10,713,646$6,361,115$5,421,872$10,016,110
40$11,726,380$6,592,752$5,523,447$10,837,308
41$12,839,891$6,833,217$5,625,903$11,737,026
42$14,064,379$7,082,864$5,729,189$12,723,143
43$15,411,081$7,342,061$5,833,253$13,804,336
44$16,892,380$7,611,190$5,938,035$14,990,167
45$18,521,916$7,890,651$6,043,473$16,291,168
46$20,314,720$8,180,862$6,149,498$17,718,944
47$22,287,352$8,482,255$6,256,037$19,286,278
48$24,458,060$8,795,283$6,363,012$21,007,256
49$26,846,947$9,120,418$6,470,338$22,897,396
50$29,476,168$9,458,150$6,577,926$24,973,794
51$32,370,130$9,808,992$6,685,680$27,255,289
52$35,555,729$10,173,479$6,793,496$29,762,636
53$39,062,601$10,552,166$6,901,265$32,518,704
54$42,923,399$10,945,636$7,008,871$35,548,690
55$47,174,106$11,354,492$7,116,188$38,880,358
56$51,854,369$11,779,366$7,223,085$42,544,300
57$57,007,877$12,220,917$7,329,420$46,574,224
58$62,682,770$12,679,832$7,435,046$51,007,272
59$68,932,095$13,156,826$7,539,802$55,884,370
60$75,814,305$13,652,647$7,643,522$61,250,615
61$83,393,811$14,168,074$7,746,027$67,155,699
62$91,741,591$14,703,920$7,847,130$73,654,378
63$100,935,854$15,261,034$7,946,630$80,806,988
64$111,062,786$15,840,299$8,044,316$88,680,017
65$122,217,356$16,442,640$8,139,967$97,346,726
66$134,504,217$17,069,020$8,233,346$106,887,848
67$148,038,689$17,720,444$8,324,206$117,392,342
68$162,947,851$18,397,961$8,412,282$128,958,240
69$179,371,738$19,102,668$8,497,300$141,693,563
70$197,464,663$19,835,706$8,578,967$155,717,350
71$217,396,672$20,598,268$8,656,975$171,160,773
72$239,355,149$21,391,601$8,731,001$188,168,380
73$263,546,588$22,217,003$8,800,704$206,899,456
74$290,198,537$23,075,832$8,865,723$227,529,529
75$319,561,744$23,969,505$8,925,682$250,252,024
76$351,912,533$24,899,501$8,980,183$275,280,090
77$387,555,400$25,867,365$9,028,808$302,848,610
78$426,825,894$26,874,710$9,071,116$333,216,420
79$470,093,784$27,923,219$9,106,647$366,668,752
80$517,766,546$29,014,653$9,134,916$403,519,923
81$570,293,210$30,150,847$9,155,412$444,116,306
82$628,168,599$31,333,721$9,167,600$488,839,596
83$691,938,001$32,565,278$9,170,920$538,110,415
84$762,202,313$33,847,612$9,164,781$592,392,280
85$839,623,714$35,182,910$9,148,566$652,195,983
86$924,931,915$36,573,455$9,121,626$718,084,407
87$1,018,931,050$38,021,635$9,083,280$790,677,843
88$1,122,507,264$39,529,941$9,032,817$870,659,842
89$1,236,637,077$41,100,980$8,969,488$958,783,673
90$1,362,396,603$42,737,473$8,892,511$1,055,879,429
91$1,500,971,712$44,442,264$8,801,065$1,162,861,865
92$1,653,669,218$46,218,326$8,694,291$1,280,739,032
93$1,821,929,218$48,068,764$8,571,290$1,410,621,796
94$2,007,338,689$49,996,825$8,431,119$1,553,734,321
95$2,211,646,466$52,005,900$8,272,793$1,711,425,629
96$2,436,779,752$54,099,535$8,095,278$1,885,182,332
97$2,684,862,312$56,281,437$7,897,494$2,076,642,669
98$2,958,234,519$58,555,480$7,678,312$2,287,611,970
99$3,259,475,455$60,925,713$7,436,550$2,520,079,698
100$3,591,427,247$63,396,369$7,170,971$2,776,238,235