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%15.1%
1 years$371,606$368,296$365,066$361,914$358,836$351,304
2 years$183,963$180,537$177,217$173,997$170,874$163,321
3 years$121,424$117,983$114,671$111,482$108,410$101,071
4 years$90,160$86,730$83,451$80,316$77,319$70,252
5 years$71,407$67,997$64,761$61,691$58,776$52,001
6 years$58,909$55,525$52,337$49,334$46,508$40,031
7 years$49,985$46,630$43,492$40,561$37,823$31,646
8 years$43,296$39,970$36,885$34,025$31,378$25,499
9 years$38,095$34,801$31,769$28,982$26,425$20,839
10 years$33,937$30,676$27,697$24,983$22,515$17,218
11 years$30,538$27,309$24,384$21,742$19,364$14,348
12 years$27,707$24,511$21,640$19,071$16,780$12,039
13 years$25,313$22,151$19,334$16,837$14,633$10,157
14 years$23,263$20,134$17,372$14,946$12,827$8,608
15 years$21,488$18,393$15,684$13,329$11,294$7,323
16 years$19,937$16,875$14,220$11,935$9,982$6,249
17 years$18,569$15,542$12,940$10,723$8,850$5,347
18 years$17,355$14,361$11,812$9,664$7,869$4,585
19 years$16,270$13,310$10,814$8,732$7,014$3,939
20 years$15,294$12,368$9,924$7,909$6,265$3,389
21 years$14,413$11,520$9,128$7,178$5,607$2,920
22 years$13,612$10,754$8,413$6,526$5,026$2,519
23 years$12,883$10,058$7,768$5,943$4,511$2,175
24 years$12,215$9,424$7,184$5,421$4,055$1,879
25 years$11,602$8,844$6,654$4,951$3,649$1,625
26 years$11,036$8,311$6,171$4,527$3,287$1,406
27 years$10,514$7,822$5,731$4,143$2,963$1,218
28 years$10,030$7,371$5,327$3,796$2,674$1,055
29 years$9,579$6,953$4,957$3,481$2,414$914
30 years$9,160$6,567$4,618$3,195$2,181$792
31 years$8,769$6,208$4,305$2,934$1,972$687
32 years$8,402$5,874$4,017$2,697$1,784$596
33 years$8,059$5,563$3,750$2,480$1,615$517
34 years$7,736$5,272$3,504$2,282$1,462$448
35 years$7,433$5,000$3,276$2,100$1,324$389
36 years$7,147$4,746$3,065$1,934$1,200$338
37 years$6,877$4,508$2,868$1,782$1,087$293
38 years$6,622$4,284$2,686$1,643$986$255
39 years$6,381$4,074$2,517$1,515$894$221
40 years$6,152$3,876$2,359$1,397$811$192
41 years$5,935$3,689$2,212$1,289$736$167
42 years$5,729$3,514$2,075$1,190$667$145
43 years$5,533$3,348$1,947$1,098$606$126
44 years$5,347$3,191$1,828$1,014$550$109
45 years$5,169$3,043$1,716$936$499$95
46 years$4,999$2,903$1,612$865$453$82
47 years$4,838$2,770$1,514$799$412$72
48 years$4,683$2,645$1,423$738$374$62
49 years$4,535$2,525$1,337$682$339$54
50 years$4,394$2,412$1,257$631$308$47

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 $2,210 every year, while hoping to spend $29,901 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: 48/39/13 Blend
29$4,500,000$4,500,000$4,500,000$4,500,000
30$4,961,280$4,722,780$4,653,030$5,181,448
31$5,435,516$4,922,381$4,777,092$5,533,096
32$5,957,122$5,130,761$4,904,308$5,911,420
33$6,530,898$5,348,318$5,034,752$6,321,530
34$7,162,133$5,575,469$5,168,499$6,766,405
35$7,856,654$5,812,651$5,305,628$7,249,315
36$8,620,882$6,060,320$5,446,215$7,773,856
37$9,461,890$6,318,954$5,590,342$8,343,975
38$10,387,475$6,589,055$5,738,090$8,964,011
39$11,406,224$6,871,145$5,889,543$9,638,733
40$12,527,601$7,165,773$6,044,784$10,373,382
41$13,762,033$7,473,513$6,203,902$11,173,721
42$15,121,011$7,794,966$6,366,983$12,046,086
43$16,617,196$8,130,761$6,534,119$12,997,442
44$18,264,537$8,481,555$6,705,399$14,035,451
45$20,078,407$8,848,039$6,880,917$15,168,538
46$22,075,745$9,230,933$7,060,768$16,405,971
47$24,275,215$9,630,993$7,245,048$17,757,946
48$26,697,385$10,049,010$7,433,856$19,235,679
49$29,364,919$10,485,812$7,627,290$20,851,510
50$32,302,790$10,942,266$7,825,454$22,619,017
51$35,538,517$11,419,280$8,028,449$24,553,143
52$39,102,425$11,917,804$8,236,381$26,670,330
53$43,027,930$12,438,833$8,449,357$28,988,677
54$47,351,853$12,983,411$8,667,485$31,528,101
55$52,114,771$13,552,627$8,890,875$34,310,528
56$57,361,397$14,147,625$9,119,639$37,360,092
57$63,141,004$14,769,602$9,353,890$40,703,360
58$69,507,885$15,419,812$9,593,745$44,369,581
59$76,521,873$16,099,566$9,839,319$48,390,956
60$84,248,899$16,810,240$10,090,731$52,802,939
61$92,761,619$17,553,274$10,348,103$57,644,568
62$102,140,095$18,330,176$10,611,555$62,958,825
63$112,472,555$19,142,524$10,881,212$68,793,042
64$123,856,222$19,991,974$11,157,199$75,199,341
65$136,398,234$20,880,258$11,439,643$82,235,119
66$150,216,654$21,809,192$11,728,672$89,963,588
67$165,441,587$22,780,676$12,024,416$98,454,361
68$182,216,401$23,796,702$12,327,006$107,784,110
69$200,699,090$24,859,356$12,636,577$118,037,276
70$221,063,756$25,970,823$12,953,261$129,306,866
71$243,502,259$27,133,393$13,277,195$141,695,321
72$268,226,024$28,349,464$13,608,516$155,315,477
73$295,468,039$29,621,549$13,947,362$170,291,620
74$325,485,053$30,952,278$14,293,872$186,760,657
75$358,559,999$32,344,411$14,648,188$204,873,395
76$395,004,668$33,800,835$15,010,451$224,795,961
77$435,162,646$35,324,579$15,380,803$246,711,355
78$479,412,564$36,918,811$15,759,388$270,821,176
79$528,171,669$38,586,856$16,146,351$297,347,508
80$581,899,762$40,332,195$16,541,836$326,535,012
81$641,103,539$42,158,474$16,945,990$358,653,224
82$706,341,377$44,069,517$17,358,957$393,999,083
83$778,228,601$46,069,326$17,780,885$432,899,732
84$857,443,294$48,162,099$18,211,921$475,715,587
85$944,732,700$50,352,232$18,652,211$522,843,727
86$1,040,920,277$52,644,333$19,101,901$574,721,634
87$1,146,913,469$55,043,229$19,561,138$631,831,306
88$1,263,712,275$57,553,979$20,030,069$694,703,791
89$1,392,418,689$60,181,886$20,508,838$763,924,189
90$1,534,247,101$62,932,505$20,997,590$840,137,156
91$1,690,535,766$65,811,657$21,496,470$924,052,978
92$1,862,759,431$68,825,446$22,005,618$1,016,454,252
93$2,052,543,264$71,980,264$22,525,178$1,118,203,263
94$2,261,678,193$75,282,812$23,055,287$1,230,250,100
95$2,492,137,813$78,740,115$23,596,084$1,353,641,608
96$2,746,097,020$82,359,531$24,147,703$1,489,531,251
97$3,025,952,543$86,148,775$24,710,278$1,639,189,975
98$3,334,345,569$90,115,931$25,283,938$1,804,018,189
99$3,674,186,677$94,269,472$25,868,811$1,985,558,958
100$4,048,683,322$98,618,279$26,465,019$2,185,512,545