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%14.4%
1 years$379,864$376,480$373,179$369,957$366,810$360,141
2 years$188,051$184,549$181,155$177,864$174,672$167,976
3 years$124,122$120,605$117,219$113,959$110,819$104,306
4 years$92,164$88,657$85,306$82,101$79,037$72,757
5 years$72,994$69,508$66,201$63,062$60,083$54,053
6 years$60,218$56,759$53,500$50,431$47,541$41,769
7 years$51,096$47,666$44,459$41,462$38,664$33,151
8 years$44,258$40,859$37,704$34,781$32,075$26,820
9 years$38,942$35,575$32,475$29,626$27,012$22,011
10 years$34,692$31,357$28,312$25,538$23,016$18,265
11 years$31,216$27,916$24,926$22,226$19,794$15,288
12 years$28,322$25,056$22,121$19,495$17,153$12,885
13 years$25,876$22,643$19,764$17,211$14,958$10,922
14 years$23,780$20,582$17,758$15,278$13,112$9,301
15 years$21,966$18,802$16,033$13,625$11,545$7,950
16 years$20,380$17,250$14,536$12,200$10,203$6,818
17 years$18,982$15,887$13,227$10,962$9,047$5,863
18 years$17,740$14,680$12,075$9,879$8,044$5,053
19 years$16,631$13,605$11,054$8,926$7,170$4,363
20 years$15,634$12,643$10,145$8,084$6,404$3,774
21 years$14,733$11,776$9,331$7,337$5,731$3,269
22 years$13,915$10,993$8,600$6,671$5,137$2,835
23 years$13,169$10,281$7,941$6,075$4,611$2,461
24 years$12,487$9,633$7,344$5,541$4,145$2,139
25 years$11,860$9,040$6,802$5,061$3,730$1,860
26 years$11,282$8,496$6,308$4,627$3,360$1,618
27 years$10,748$7,996$5,858$4,235$3,029$1,409
28 years$10,252$7,534$5,446$3,880$2,733$1,228
29 years$9,792$7,108$5,068$3,558$2,468$1,070
30 years$9,364$6,713$4,720$3,266$2,230$933
31 years$8,963$6,346$4,401$2,999$2,016$814
32 years$8,589$6,004$4,106$2,756$1,824$710
33 years$8,238$5,686$3,834$2,535$1,650$619
34 years$7,908$5,389$3,582$2,332$1,494$541
35 years$7,598$5,112$3,349$2,147$1,353$472
36 years$7,306$4,852$3,133$1,977$1,226$412
37 years$7,030$4,608$2,932$1,822$1,111$360
38 years$6,769$4,379$2,746$1,679$1,008$314
39 years$6,523$4,164$2,573$1,548$914$274
40 years$6,289$3,962$2,411$1,428$829$240
41 years$6,067$3,771$2,261$1,318$752$209
42 years$5,856$3,592$2,121$1,216$682$183
43 years$5,656$3,422$1,990$1,122$619$160
44 years$5,465$3,262$1,868$1,036$562$140
45 years$5,284$3,111$1,754$957$510$122
46 years$5,110$2,967$1,648$884$463$107
47 years$4,945$2,832$1,548$817$421$93
48 years$4,787$2,703$1,455$755$382$81
49 years$4,636$2,582$1,367$698$347$71
50 years$4,491$2,466$1,285$645$315$62

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 $5,036 every year, while hoping to spend $25,434 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: 37/45/18 Blend
29$4,600,000$4,600,000$4,600,000$4,600,000
30$5,074,395$4,830,595$4,759,295$5,234,346
31$5,564,921$5,040,232$4,891,669$5,560,061
32$6,104,629$5,259,290$5,027,626$5,908,876
33$6,698,508$5,488,201$5,167,259$6,285,115
34$7,352,056$5,727,423$5,310,661$6,691,254
35$8,071,329$5,977,431$5,457,933$7,130,006
36$8,863,004$6,238,724$5,609,173$7,604,345
37$9,734,434$6,511,825$5,764,483$8,117,538
38$10,693,724$6,797,282$5,923,971$8,673,165
39$11,749,801$7,095,666$6,087,741$9,275,158
40$12,912,506$7,407,579$6,255,906$9,927,834
41$14,192,680$7,733,649$6,428,577$10,635,929
42$15,602,269$8,074,534$6,605,871$11,404,648
43$17,154,438$8,430,923$6,787,904$12,239,706
44$18,863,691$8,803,538$6,974,799$13,147,379
45$20,746,012$9,193,136$7,166,679$14,134,566
46$22,819,013$9,600,508$7,363,672$15,208,844
47$25,102,104$10,026,484$7,565,906$16,378,545
48$27,616,669$10,471,933$7,773,514$17,652,821
49$30,386,276$10,937,764$7,986,634$19,041,738
50$33,436,893$11,424,932$8,205,403$20,556,360
51$36,797,137$11,934,434$8,429,965$22,208,852
52$40,498,540$12,467,316$8,660,464$24,012,594
53$44,575,852$13,024,675$8,897,049$25,982,298
54$49,067,362$13,607,658$9,139,874$28,134,147
55$54,015,267$14,217,467$9,389,094$30,485,943
56$59,466,064$14,855,363$9,644,869$33,057,269
57$65,470,991$15,522,664$9,907,360$35,869,671
58$72,086,512$16,220,754$10,176,737$38,946,855
59$79,374,846$16,951,081$10,453,167$42,314,905
60$87,404,559$17,715,163$10,736,827$46,002,528
61$96,251,208$18,514,589$11,027,894$50,041,315
62$105,998,053$19,351,026$11,326,550$54,466,035
63$116,736,847$20,226,219$11,632,982$59,314,957
64$128,568,697$21,141,996$11,947,380$64,630,208
65$141,605,025$22,100,274$12,269,937$70,458,157
66$155,968,611$23,103,061$12,600,854$76,849,852
67$171,794,759$24,152,460$12,940,332$83,861,494
68$189,232,570$25,250,677$13,288,579$91,554,956
69$208,446,353$26,400,021$13,645,807$99,998,363
70$229,617,171$27,602,912$14,012,232$109,266,726
71$252,944,556$28,861,888$14,388,074$119,442,639
72$278,648,386$30,179,606$14,773,561$130,617,054
73$306,970,967$31,558,852$15,168,920$142,890,125
74$338,179,315$33,002,546$15,574,389$156,372,148
75$372,567,680$34,513,745$15,990,206$171,184,589
76$410,460,322$36,095,657$16,416,616$187,461,221
77$452,214,571$37,751,640$16,853,869$205,349,374
78$498,224,204$39,485,217$17,302,219$225,011,317
79$548,923,157$41,300,077$17,761,928$246,625,773
80$604,789,626$43,200,087$18,233,260$270,389,598
81$666,350,578$45,189,302$18,716,484$296,519,620
82$734,186,728$47,271,969$19,211,878$325,254,678
83$808,938,020$49,452,542$19,719,722$356,857,856
84$891,309,668$51,735,686$20,240,302$391,618,955
85$982,078,813$54,126,293$20,773,911$429,857,210
86$1,082,101,860$56,629,490$21,320,845$471,924,287
87$1,192,322,566$59,250,651$21,881,409$518,207,587
88$1,313,780,942$61,995,407$22,455,911$569,133,880
89$1,447,623,079$64,869,663$23,044,665$625,173,320
90$1,595,111,963$67,879,606$23,647,991$686,843,857
91$1,757,639,400$71,031,724$24,266,216$754,716,110
92$1,936,739,155$74,332,815$24,899,670$829,418,726
93$2,134,101,432$77,790,006$25,548,692$911,644,298
94$2,351,588,830$81,410,768$26,213,626$1,002,155,872
95$2,591,253,928$85,202,933$26,894,820$1,101,794,129
96$2,855,358,662$89,174,710$27,592,629$1,211,485,292
97$3,146,395,679$93,334,704$28,307,415$1,332,249,843
98$3,467,111,870$97,691,936$29,039,546$1,465,212,127
99$3,820,534,303$102,255,864$29,789,393$1,611,610,934
100$4,209,998,801$107,036,400$30,557,336$1,772,811,164