Can I retire at age 30 with 4,600,000?

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 $4,600,000?

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$379,864$376,480$373,179$369,957$366,810$353,796
2 years$188,051$184,549$181,155$177,864$174,672$161,698
3 years$124,122$120,605$117,219$113,959$110,819$98,294
4 years$92,164$88,657$85,306$82,101$79,037$67,057
5 years$72,994$69,508$66,201$63,062$60,083$48,679
6 years$60,218$56,759$53,500$50,431$47,541$36,723
7 years$51,096$47,666$44,459$41,462$38,664$28,428
8 years$44,258$40,859$37,704$34,781$32,075$22,413
9 years$38,942$35,575$32,475$29,626$27,012$17,911
10 years$34,692$31,357$28,312$25,538$23,016$14,460
11 years$31,216$27,916$24,926$22,226$19,794$11,767
12 years$28,322$25,056$22,121$19,495$17,153$9,635
13 years$25,876$22,643$19,764$17,211$14,958$7,929
14 years$23,780$20,582$17,758$15,278$13,112$6,550
15 years$21,966$18,802$16,033$13,625$11,545$5,429
16 years$20,380$17,250$14,536$12,200$10,203$4,512
17 years$18,982$15,887$13,227$10,962$9,047$3,757
18 years$17,740$14,680$12,075$9,879$8,044$3,135
19 years$16,631$13,605$11,054$8,926$7,170$2,619
20 years$15,634$12,643$10,145$8,084$6,404$2,191
21 years$14,733$11,776$9,331$7,337$5,731$1,835
22 years$13,915$10,993$8,600$6,671$5,137$1,538
23 years$13,169$10,281$7,941$6,075$4,611$1,290
24 years$12,487$9,633$7,344$5,541$4,145$1,082
25 years$11,860$9,040$6,802$5,061$3,730$909
26 years$11,282$8,496$6,308$4,627$3,360$763
27 years$10,748$7,996$5,858$4,235$3,029$641
28 years$10,252$7,534$5,446$3,880$2,733$539
29 years$9,792$7,108$5,068$3,558$2,468$453
30 years$9,364$6,713$4,720$3,266$2,230$381
31 years$8,963$6,346$4,401$2,999$2,016$320
32 years$8,589$6,004$4,106$2,756$1,824$269
33 years$8,238$5,686$3,834$2,535$1,650$227
34 years$7,908$5,389$3,582$2,332$1,494$191
35 years$7,598$5,112$3,349$2,147$1,353$160
36 years$7,306$4,852$3,133$1,977$1,226$135
37 years$7,030$4,608$2,932$1,822$1,111$114
38 years$6,769$4,379$2,746$1,679$1,008$96
39 years$6,523$4,164$2,573$1,548$914$80
40 years$6,289$3,962$2,411$1,428$829$68
41 years$6,067$3,771$2,261$1,318$752$57
42 years$5,856$3,592$2,121$1,216$682$48
43 years$5,656$3,422$1,990$1,122$619$40
44 years$5,465$3,262$1,868$1,036$562$34
45 years$5,284$3,111$1,754$957$510$29
46 years$5,110$2,967$1,648$884$463$24
47 years$4,945$2,832$1,548$817$421$20
48 years$4,787$2,703$1,455$755$382$17
49 years$4,636$2,582$1,367$698$347$14
50 years$4,491$2,466$1,285$645$315$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $4,600,000, adding $4,255 every year, while hoping to spend $21,264 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: 62/33/5 Blend
29$4,600,000$4,600,000$4,600,000$4,600,000
30$5,073,589$4,829,789$4,758,489$5,383,946
31$5,568,470$5,043,824$4,895,274$5,805,420
32$6,113,117$5,267,634$5,035,928$6,262,347
33$6,712,582$5,501,675$5,180,559$6,760,477
34$7,372,435$5,746,427$5,329,277$7,303,787
35$8,098,810$6,002,389$5,482,195$7,896,647
36$8,898,469$6,270,086$5,639,428$8,543,865
37$9,778,861$6,550,068$5,801,097$9,250,727
38$10,748,194$6,842,911$5,967,324$10,023,048
39$11,815,514$7,149,218$6,138,233$10,867,221
40$12,990,787$7,469,620$6,313,954$11,790,283
41$14,284,996$7,804,780$6,494,620$12,799,973
42$15,710,242$8,155,391$6,680,367$13,904,806
43$17,279,861$8,522,179$6,871,333$15,114,153
44$19,008,548$8,905,906$7,067,663$16,438,325
45$20,912,493$9,307,369$7,269,504$17,888,668
46$23,009,541$9,727,404$7,477,006$19,477,670
47$25,319,353$10,166,885$7,690,324$21,219,076
48$27,863,595$10,626,731$7,909,618$23,128,016
49$30,666,142$11,107,901$8,135,051$25,221,142
50$33,753,304$11,611,404$8,366,790$27,516,788
51$37,154,071$12,138,293$8,605,008$30,035,136
52$40,900,392$12,689,675$8,849,881$32,798,405
53$45,027,470$13,266,707$9,101,590$35,831,059
54$49,574,100$13,870,604$9,360,322$39,160,034
55$54,583,033$14,502,637$9,626,267$42,814,988
56$60,101,376$15,164,140$9,899,620$46,828,581
57$66,181,042$15,856,509$10,180,584$51,236,774
58$72,879,238$16,581,208$10,469,363$56,079,170
59$80,259,004$17,339,771$10,766,171$61,399,384
60$88,389,808$18,133,805$11,071,222$67,245,446
61$97,348,201$18,964,995$11,384,742$73,670,255
62$107,218,544$19,835,105$11,706,957$80,732,072
63$118,093,798$20,745,988$12,038,102$88,495,063
64$130,076,405$21,699,581$12,378,418$97,029,906
65$143,279,254$22,697,916$12,728,151$106,414,448
66$157,826,748$23,743,125$13,087,555$116,734,436
67$173,855,977$24,837,438$13,456,888$128,084,322
68$191,518,011$25,983,196$13,836,417$140,568,145
69$210,979,326$27,182,852$14,226,416$154,300,514
70$232,423,380$28,438,974$14,627,163$169,407,678
71$256,052,339$29,754,257$15,038,947$186,028,712
72$282,088,987$31,131,526$15,462,061$204,316,824
73$310,778,831$32,573,738$15,896,808$224,440,796
74$342,392,418$34,083,997$16,343,497$246,586,565
75$377,227,886$35,665,555$16,802,446$270,958,973
76$415,613,783$37,321,819$17,273,980$297,783,695
77$457,912,163$39,056,363$17,758,433$327,309,355
78$504,522,010$40,872,931$18,256,147$359,809,868
79$555,883,000$42,775,450$18,767,473$395,587,017
80$612,479,653$44,768,033$19,292,770$434,973,287
81$674,845,907$46,854,996$19,832,407$478,335,000
82$743,570,158$49,040,860$20,386,762$526,075,757
83$819,300,818$51,330,366$20,956,222$578,640,239
84$902,752,429$53,728,482$21,541,183$636,518,392
85$994,712,417$56,240,418$22,142,053$700,250,040
86$1,096,048,520$58,871,635$22,759,249$770,429,969
87$1,207,716,982$61,627,857$23,393,196$847,713,528
88$1,330,771,580$64,515,088$24,044,333$932,822,799
89$1,466,373,571$67,539,617$24,713,109$1,026,553,403
90$1,615,802,659$70,708,043$25,399,982$1,129,781,991
91$1,780,469,073$74,027,279$26,105,424$1,243,474,505
92$1,961,926,878$77,504,576$26,829,915$1,368,695,281
93$2,161,888,654$81,147,534$27,573,952$1,506,617,079
94$2,382,241,655$84,964,122$28,338,038$1,658,532,131
95$2,625,065,634$88,962,694$29,122,692$1,825,864,327
96$2,892,652,472$93,152,009$29,928,445$2,010,182,631
97$3,187,527,817$97,541,250$30,755,841$2,213,215,874
98$3,512,474,927$102,140,044$31,605,435$2,436,869,053
99$3,870,560,950$106,958,487$32,477,797$2,683,241,289
100$4,265,165,876$112,007,161$33,373,512$2,954,645,620