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%18.8%
1 years$371,606$368,296$365,066$361,914$358,836$346,104
2 years$183,963$180,537$177,217$173,997$170,874$158,183
3 years$121,424$117,983$114,671$111,482$108,410$96,158
4 years$90,160$86,730$83,451$80,316$77,319$65,600
5 years$71,407$67,997$64,761$61,691$58,776$47,621
6 years$58,909$55,525$52,337$49,334$46,508$35,924
7 years$49,985$46,630$43,492$40,561$37,823$27,810
8 years$43,296$39,970$36,885$34,025$31,378$21,926
9 years$38,095$34,801$31,769$28,982$26,425$17,522
10 years$33,937$30,676$27,697$24,983$22,515$14,146
11 years$30,538$27,309$24,384$21,742$19,364$11,511
12 years$27,707$24,511$21,640$19,071$16,780$9,426
13 years$25,313$22,151$19,334$16,837$14,633$7,756
14 years$23,263$20,134$17,372$14,946$12,827$6,408
15 years$21,488$18,393$15,684$13,329$11,294$5,311
16 years$19,937$16,875$14,220$11,935$9,982$4,414
17 years$18,569$15,542$12,940$10,723$8,850$3,676
18 years$17,355$14,361$11,812$9,664$7,869$3,067
19 years$16,270$13,310$10,814$8,732$7,014$2,562
20 years$15,294$12,368$9,924$7,909$6,265$2,143
21 years$14,413$11,520$9,128$7,178$5,607$1,795
22 years$13,612$10,754$8,413$6,526$5,026$1,504
23 years$12,883$10,058$7,768$5,943$4,511$1,262
24 years$12,215$9,424$7,184$5,421$4,055$1,059
25 years$11,602$8,844$6,654$4,951$3,649$889
26 years$11,036$8,311$6,171$4,527$3,287$747
27 years$10,514$7,822$5,731$4,143$2,963$627
28 years$10,030$7,371$5,327$3,796$2,674$527
29 years$9,579$6,953$4,957$3,481$2,414$443
30 years$9,160$6,567$4,618$3,195$2,181$373
31 years$8,769$6,208$4,305$2,934$1,972$313
32 years$8,402$5,874$4,017$2,697$1,784$264
33 years$8,059$5,563$3,750$2,480$1,615$222
34 years$7,736$5,272$3,504$2,282$1,462$187
35 years$7,433$5,000$3,276$2,100$1,324$157
36 years$7,147$4,746$3,065$1,934$1,200$132
37 years$6,877$4,508$2,868$1,782$1,087$111
38 years$6,622$4,284$2,686$1,643$986$94
39 years$6,381$4,074$2,517$1,515$894$79
40 years$6,152$3,876$2,359$1,397$811$66
41 years$5,935$3,689$2,212$1,289$736$56
42 years$5,729$3,514$2,075$1,190$667$47
43 years$5,533$3,348$1,947$1,098$606$39
44 years$5,347$3,191$1,828$1,014$550$33
45 years$5,169$3,043$1,716$936$499$28
46 years$4,999$2,903$1,612$865$453$24
47 years$4,838$2,770$1,514$799$412$20
48 years$4,683$2,645$1,423$738$374$17
49 years$4,535$2,525$1,337$682$339$14
50 years$4,394$2,412$1,257$631$308$12

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 $5,352 every year, while hoping to spend $59,976 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: 86/5/9 Blend
29$4,500,000$4,500,000$4,500,000$4,500,000
30$4,964,521$4,726,021$4,656,271$5,385,444
31$5,407,088$4,893,782$4,748,442$5,828,707
32$5,892,786$5,067,753$4,841,690$6,306,999
33$6,425,953$5,248,175$4,935,989$6,830,719
34$7,011,364$5,435,299$5,031,309$7,404,405
35$7,654,281$5,629,386$5,127,615$8,033,053
36$8,360,499$5,830,708$5,224,872$8,722,168
37$9,136,404$6,039,547$5,323,040$9,477,813
38$9,989,031$6,256,198$5,422,075$10,306,665
39$10,926,128$6,480,968$5,521,930$11,216,080
40$11,956,232$6,714,175$5,622,554$12,214,162
41$13,088,750$6,956,152$5,723,892$13,309,837
42$14,334,044$7,207,244$5,825,883$14,512,939
43$15,703,530$7,467,813$5,928,464$15,834,300
44$17,209,787$7,738,233$6,031,565$17,285,855
45$18,866,675$8,018,895$6,135,111$18,880,753
46$20,689,461$8,310,207$6,239,023$20,633,478
47$22,694,971$8,612,592$6,343,215$22,559,990
48$24,901,741$8,926,492$6,447,596$24,677,871
49$27,330,197$9,252,368$6,552,068$27,006,493
50$30,002,841$9,590,698$6,656,527$29,567,201
51$32,944,472$9,941,984$6,760,862$32,383,511
52$36,182,412$10,306,744$6,864,954$35,481,333
53$39,746,765$10,685,522$6,968,678$38,889,216
54$43,670,706$11,078,884$7,071,899$42,638,617
55$47,990,787$11,487,418$7,174,477$46,764,195
56$52,747,284$11,911,738$7,276,259$51,304,140
57$57,984,580$12,352,486$7,377,086$56,300,532
58$63,751,577$12,810,328$7,476,788$61,799,738
59$70,102,164$13,285,960$7,575,187$67,852,849
60$77,095,721$13,780,108$7,672,092$74,516,160
61$84,797,679$14,293,528$7,767,301$81,851,705
62$93,280,140$14,827,009$7,860,604$89,927,838
63$102,622,554$15,381,372$7,951,774$98,819,877
64$112,912,472$15,957,477$8,040,576$108,610,820
65$124,246,368$16,556,217$8,126,759$119,392,121
66$136,730,551$17,178,525$8,210,059$131,264,557
67$150,482,168$17,825,374$8,290,197$144,339,176
68$165,630,312$18,497,780$8,366,881$158,738,347
69$182,317,233$19,196,801$8,439,801$174,596,913
70$200,699,689$19,923,541$8,508,632$192,063,462
71$220,950,416$20,679,154$8,573,031$211,301,731
72$243,259,768$21,464,842$8,632,636$232,492,151
73$267,837,505$22,281,860$8,687,070$255,833,547
74$294,914,775$23,131,516$8,735,932$281,545,017
75$324,746,300$24,015,178$8,778,803$309,867,996
76$357,612,772$24,934,271$8,815,242$341,068,537
77$393,823,508$25,890,283$8,844,786$375,439,823
78$433,719,367$26,884,769$8,866,948$413,304,929
79$477,675,969$27,919,348$8,881,217$455,019,876
80$526,107,236$28,995,715$8,887,057$500,976,985
81$579,469,305$30,115,636$8,883,904$551,608,588
82$638,264,828$31,280,956$8,871,168$607,391,100
83$703,047,718$32,493,601$8,848,230$668,849,522
84$774,428,379$33,755,581$8,814,440$736,562,389
85$853,079,466$35,068,996$8,769,116$811,167,239
86$939,742,235$36,436,040$8,711,544$893,366,625
87$1,035,233,539$37,859,002$8,640,977$983,934,745
88$1,140,453,540$39,340,274$8,556,630$1,083,724,756
89$1,256,394,206$40,882,352$8,457,682$1,193,676,819
90$1,384,148,674$42,487,846$8,343,273$1,314,826,982
91$1,524,921,568$44,159,480$8,212,502$1,448,316,951
92$1,680,040,375$45,900,101$8,064,428$1,595,404,872
93$1,850,967,969$47,712,682$7,898,062$1,757,477,209
94$2,039,316,427$49,600,329$7,712,372$1,936,061,826
95$2,246,862,244$51,566,286$7,506,278$2,132,842,415
96$2,475,563,104$53,613,946$7,278,650$2,349,674,384
97$2,727,576,360$55,746,849$7,028,304$2,588,602,378
98$3,005,279,402$57,968,698$6,754,006$2,851,879,578
99$3,311,292,098$60,283,360$6,454,461$3,141,988,968
100$3,648,501,525$62,694,878$6,128,319$3,461,666,777