Can I retire at age 30 with 4,500,000?

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 $4,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$371,606$368,296$365,066$361,914$358,836$355,681
2 years$183,963$180,537$177,217$173,997$170,874$167,695
3 years$121,424$117,983$114,671$111,482$108,410$105,305
4 years$90,160$86,730$83,451$80,316$77,319$74,312
5 years$71,407$67,997$64,761$61,691$58,776$55,877
6 years$58,909$55,525$52,337$49,334$46,508$43,719
7 years$49,985$46,630$43,492$40,561$37,823$35,146
8 years$43,296$39,970$36,885$34,025$31,378$28,813
9 years$38,095$34,801$31,769$28,982$26,425$23,970
10 years$33,937$30,676$27,697$24,983$22,515$20,170
11 years$30,538$27,309$24,384$21,742$19,364$17,127
12 years$27,707$24,511$21,640$19,071$16,780$14,649
13 years$25,313$22,151$19,334$16,837$14,633$12,605
14 years$23,263$20,134$17,372$14,946$12,827$10,900
15 years$21,488$18,393$15,684$13,329$11,294$9,464
16 years$19,937$16,875$14,220$11,935$9,982$8,247
17 years$18,569$15,542$12,940$10,723$8,850$7,208
18 years$17,355$14,361$11,812$9,664$7,869$6,316
19 years$16,270$13,310$10,814$8,732$7,014$5,546
20 years$15,294$12,368$9,924$7,909$6,265$4,880
21 years$14,413$11,520$9,128$7,178$5,607$4,300
22 years$13,612$10,754$8,413$6,526$5,026$3,795
23 years$12,883$10,058$7,768$5,943$4,511$3,354
24 years$12,215$9,424$7,184$5,421$4,055$2,967
25 years$11,602$8,844$6,654$4,951$3,649$2,627
26 years$11,036$8,311$6,171$4,527$3,287$2,328
27 years$10,514$7,822$5,731$4,143$2,963$2,065
28 years$10,030$7,371$5,327$3,796$2,674$1,832
29 years$9,579$6,953$4,957$3,481$2,414$1,627
30 years$9,160$6,567$4,618$3,195$2,181$1,446
31 years$8,769$6,208$4,305$2,934$1,972$1,285
32 years$8,402$5,874$4,017$2,697$1,784$1,142
33 years$8,059$5,563$3,750$2,480$1,615$1,016
34 years$7,736$5,272$3,504$2,282$1,462$904
35 years$7,433$5,000$3,276$2,100$1,324$805
36 years$7,147$4,746$3,065$1,934$1,200$716
37 years$6,877$4,508$2,868$1,782$1,087$638
38 years$6,622$4,284$2,686$1,643$986$568
39 years$6,381$4,074$2,517$1,515$894$506
40 years$6,152$3,876$2,359$1,397$811$451
41 years$5,935$3,689$2,212$1,289$736$402
42 years$5,729$3,514$2,075$1,190$667$358
43 years$5,533$3,348$1,947$1,098$606$319
44 years$5,347$3,191$1,828$1,014$550$284
45 years$5,169$3,043$1,716$936$499$254
46 years$4,999$2,903$1,612$865$453$226
47 years$4,838$2,770$1,514$799$412$202
48 years$4,683$2,645$1,423$738$374$180
49 years$4,535$2,525$1,337$682$339$160
50 years$4,394$2,412$1,257$631$308$143

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $4,500,000, adding $6,825 every year, while hoping to spend $26,764 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: 67/13/20 Blend
29$4,500,000$4,500,000$4,500,000$4,500,000
30$4,966,040$4,727,540$4,657,790$5,273,513
31$5,444,099$4,930,713$4,785,349$5,683,448
32$5,970,024$5,142,944$4,916,285$6,127,838
33$6,548,667$5,364,649$5,050,681$6,613,163
34$7,185,378$5,596,264$5,188,626$7,143,448
35$7,886,049$5,838,243$5,330,207$7,723,125
36$8,657,172$6,091,063$5,475,515$8,357,071
37$9,505,903$6,355,224$5,624,644$9,050,657
38$10,440,124$6,631,249$5,777,689$9,809,793
39$11,468,520$6,919,685$5,934,745$10,640,988
40$12,600,664$7,221,104$6,095,914$11,551,406
41$13,847,101$7,536,106$6,261,296$12,548,938
42$15,219,450$7,865,321$6,430,995$13,642,270
43$16,730,518$8,209,406$6,605,117$14,840,969
44$18,394,413$8,569,049$6,783,770$16,155,567
45$20,226,683$8,944,972$6,967,067$17,597,667
46$22,244,460$9,337,931$7,155,119$19,180,043
47$24,466,622$9,748,716$7,348,042$20,916,766
48$26,913,971$10,178,157$7,545,955$22,823,333
49$29,609,429$10,627,120$7,748,978$24,916,812
50$32,578,257$11,096,515$7,957,235$27,216,002
51$35,848,288$11,587,293$8,170,851$29,741,610
52$39,450,195$12,100,452$8,389,955$32,516,446
53$43,417,775$12,637,035$8,614,680$35,565,634
54$47,788,274$13,198,135$8,845,157$38,916,849
55$52,602,734$13,784,899$9,081,525$42,600,580
56$57,906,379$14,398,526$9,323,923$46,650,412
57$63,749,049$15,040,273$9,572,494$51,103,342
58$70,185,663$15,711,457$9,827,383$56,000,129
59$77,276,738$16,413,456$10,088,738$61,385,676
60$85,088,965$17,147,715$10,356,711$67,309,451
61$93,695,835$17,915,749$10,631,456$73,825,953
62$103,178,331$18,719,141$10,913,130$80,995,225
63$113,625,695$19,559,553$11,201,894$88,883,418
64$125,136,270$20,438,726$11,497,913$97,563,413
65$137,818,428$21,358,482$11,801,351$107,115,508
66$151,791,592$22,320,731$12,112,380$117,628,175
67$167,187,361$23,327,474$12,431,172$129,198,888
68$184,150,760$24,380,809$12,757,904$141,935,045
69$202,841,600$25,482,930$13,092,756$155,954,980
70$223,435,990$26,636,141$13,435,910$171,389,073
71$246,128,001$27,842,852$13,787,553$188,380,981
72$271,131,496$29,105,590$14,147,875$207,088,992
73$298,682,148$30,427,004$14,517,069$227,687,514
74$329,039,667$31,809,867$14,895,330$250,368,721
75$362,490,249$33,257,086$15,282,859$275,344,360
76$399,349,279$34,771,708$15,679,860$302,847,751
77$439,964,308$36,356,924$16,086,538$333,135,983
78$484,718,334$38,016,081$16,503,104$366,492,339
79$534,033,418$39,752,682$16,929,771$403,228,964
80$588,374,665$41,570,402$17,366,758$443,689,811
81$648,254,620$43,473,091$17,814,283$488,253,884
82$714,238,101$45,464,781$18,272,570$537,338,806
83$786,947,534$47,549,703$18,741,848$591,404,765
84$867,068,829$49,732,285$19,222,347$650,958,846
85$955,357,855$52,017,173$19,714,301$716,559,821
86$1,052,647,574$54,409,232$20,217,948$788,823,410
87$1,159,855,906$56,913,563$20,733,528$868,428,098
88$1,277,994,393$59,535,512$21,261,286$956,121,526
89$1,408,177,751$62,280,682$21,801,470$1,052,727,549
90$1,551,634,391$65,154,946$22,354,329$1,159,154,006
91$1,709,718,018$68,164,457$22,920,118$1,276,401,282
92$1,883,920,408$71,315,667$23,499,093$1,405,571,748
93$2,075,885,493$74,615,338$24,091,516$1,547,880,163
94$2,287,424,880$78,070,557$24,697,649$1,704,665,130
95$2,520,534,956$81,688,752$25,317,758$1,877,401,728
96$2,777,415,730$85,477,710$25,952,112$2,067,715,432
97$3,060,491,609$89,445,592$26,600,982$2,277,397,446
98$3,372,434,281$93,600,954$27,264,643$2,508,421,609
99$3,716,187,940$97,952,763$27,943,371$2,762,963,019
100$4,094,997,082$102,510,420$28,637,445$3,043,418,555