Can I retire at age 30 with 4,900,000?

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 $4,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$404,637$401,033$397,517$394,084$390,733$377,621
2 years$200,316$196,585$192,969$189,464$186,063$172,983
3 years$132,217$128,470$124,864$121,391$118,046$105,407
4 years$98,175$94,439$90,869$87,456$84,192$72,091
5 years$77,754$74,042$70,518$67,174$64,001$52,472
6 years$64,145$60,461$56,989$53,720$50,642$39,693
7 years$54,429$50,775$47,358$44,166$41,185$30,815
8 years$47,144$43,523$40,163$37,050$34,167$24,367
9 years$41,482$37,895$34,593$31,558$28,774$19,532
10 years$36,954$33,402$30,159$27,203$24,517$15,819
11 years$33,252$29,736$26,551$23,675$21,085$12,915
12 years$30,170$26,690$23,564$20,766$18,272$10,610
13 years$27,563$24,120$21,053$18,334$15,934$8,761
14 years$25,331$21,924$18,916$16,274$13,967$7,263
15 years$23,398$20,028$17,078$14,514$12,298$6,041
16 years$21,709$18,375$15,484$12,996$10,869$5,039
17 years$20,220$16,923$14,090$11,676$9,637$4,212
18 years$18,897$15,638$12,862$10,523$8,569$3,527
19 years$17,716$14,493$11,775$9,508$7,638$2,958
20 years$16,654$13,467$10,806$8,612$6,822$2,484
21 years$15,694$12,544$9,940$7,816$6,105$2,088
22 years$14,822$11,710$9,161$7,106$5,472$1,757
23 years$14,028$10,952$8,459$6,472$4,912$1,479
24 years$13,301$10,261$7,823$5,903$4,415$1,246
25 years$12,633$9,630$7,245$5,391$3,973$1,051
26 years$12,017$9,050$6,720$4,929$3,579$886
27 years$11,448$8,517$6,240$4,512$3,227$747
28 years$10,921$8,026$5,801$4,134$2,911$631
29 years$10,431$7,571$5,398$3,791$2,629$532
30 years$9,974$7,150$5,028$3,479$2,375$450
31 years$9,548$6,760$4,688$3,195$2,148$380
32 years$9,149$6,396$4,374$2,936$1,943$321
33 years$8,775$6,057$4,084$2,700$1,758$271
34 years$8,424$5,741$3,816$2,484$1,592$229
35 years$8,094$5,445$3,567$2,287$1,442$193
36 years$7,782$5,168$3,337$2,106$1,306$163
37 years$7,489$4,908$3,123$1,941$1,184$138
38 years$7,211$4,665$2,925$1,789$1,073$117
39 years$6,948$4,436$2,740$1,649$973$99
40 years$6,699$4,220$2,569$1,521$883$83
41 years$6,463$4,017$2,408$1,404$801$70
42 years$6,238$3,826$2,259$1,295$727$60
43 years$6,025$3,645$2,120$1,196$660$50
44 years$5,822$3,475$1,990$1,104$599$43
45 years$5,628$3,314$1,869$1,020$544$36
46 years$5,444$3,161$1,755$942$493$30
47 years$5,268$3,017$1,649$870$448$26
48 years$5,099$2,880$1,549$804$407$22
49 years$4,938$2,750$1,456$743$370$18
50 years$4,784$2,627$1,369$687$336$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $4,900,000, adding $4,025 every year, while hoping to spend $58,393 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: 60/24/16 Blend
29$4,900,000$4,900,000$4,900,000$4,900,000
30$5,403,952$5,144,252$5,068,302$5,705,979
31$5,893,025$5,334,190$5,175,960$6,100,167
32$6,430,027$5,531,479$5,285,268$6,523,130
33$7,019,784$5,736,416$5,396,219$6,983,178
34$7,667,614$5,949,312$5,508,805$7,483,902
35$8,379,375$6,170,493$5,623,014$8,029,256
36$9,161,520$6,400,296$5,738,833$8,623,591
37$10,021,159$6,639,074$5,856,248$9,271,693
38$10,966,123$6,887,194$5,975,238$9,978,831
39$12,005,041$7,145,041$6,095,783$10,750,804
40$13,147,422$7,413,014$6,217,857$11,593,993
41$14,403,738$7,691,531$6,341,435$12,515,426
42$15,785,529$7,981,026$6,466,483$13,522,837
43$17,305,511$8,281,954$6,592,967$14,624,741
44$18,977,691$8,594,787$6,720,850$15,830,515
45$20,817,504$8,920,021$6,850,087$17,150,480
46$22,841,957$9,258,170$6,980,633$18,596,005
47$25,069,788$9,609,771$7,112,435$20,179,605
48$27,521,644$9,975,387$7,245,439$21,915,064
49$30,220,272$10,355,602$7,379,582$23,817,562
50$33,190,741$10,751,027$7,514,799$25,903,815
51$36,460,669$11,162,301$7,651,018$28,192,236
52$40,060,491$11,590,087$7,788,161$30,703,101
53$44,023,742$12,035,082$7,926,144$33,458,744
54$48,387,371$12,498,009$8,064,878$36,483,767
55$53,192,097$12,979,625$8,204,266$39,805,266
56$58,482,786$13,480,721$8,344,203$43,453,087
57$64,308,875$14,002,121$8,484,578$47,460,110
58$70,724,841$14,544,687$8,625,273$51,862,552
59$77,790,715$15,109,316$8,766,160$56,700,311
60$85,572,644$15,696,949$8,907,102$62,017,336
61$94,143,519$16,308,565$9,047,956$67,862,047
62$103,583,661$16,945,187$9,188,565$74,287,785
63$113,981,579$17,607,886$9,328,766$81,353,314
64$125,434,804$18,297,777$9,468,384$89,123,374
65$138,050,812$19,016,026$9,607,234$97,669,292
66$151,948,036$19,763,852$9,745,116$107,069,649
67$167,256,981$20,542,526$9,881,823$117,411,022
68$184,121,461$21,353,378$10,017,133$128,788,800
69$202,699,953$22,197,797$10,150,810$141,308,077
70$223,167,092$23,077,232$10,282,605$155,084,647
71$245,715,318$23,993,199$10,412,255$170,246,091
72$270,556,697$24,947,283$10,539,482$186,932,979
73$297,924,917$25,941,136$10,663,991$205,300,194
74$328,077,495$26,976,488$10,785,472$225,518,391
75$361,298,209$28,055,146$10,903,595$247,775,605
76$397,899,776$29,178,998$11,018,015$272,279,022
77$438,226,801$30,350,017$11,128,367$299,256,933
78$482,659,032$31,570,265$11,234,264$328,960,884
79$531,614,943$32,841,898$11,335,302$361,668,044
80$585,555,685$34,167,168$11,431,052$397,683,825
81$644,989,437$35,548,431$11,521,064$437,344,754
82$710,476,204$36,988,149$11,604,864$481,021,648
83$782,633,104$38,488,895$11,681,954$529,123,111
84$862,140,190$40,053,360$11,751,809$582,099,386
85$949,746,871$41,684,357$11,813,877$640,446,600
86$1,046,278,989$43,384,827$11,867,578$704,711,444
87$1,152,646,607$45,157,845$11,912,303$775,496,328
88$1,269,852,607$47,006,626$11,947,412$853,465,061
89$1,399,002,156$48,934,533$11,972,233$939,349,114
90$1,541,313,132$50,945,082$11,986,059$1,033,954,520
91$1,698,127,630$53,041,949$11,988,150$1,138,169,475
92$1,870,924,624$55,228,981$11,977,730$1,252,972,717
93$2,061,333,933$57,510,198$11,953,981$1,379,442,761
94$2,271,151,604$59,889,808$11,916,049$1,518,768,071
95$2,502,356,869$62,372,209$11,863,037$1,672,258,277
96$2,757,130,825$64,962,003$11,794,005$1,841,356,524
97$3,037,877,033$67,664,005$11,707,967$2,027,653,096
98$3,347,244,197$70,483,248$11,603,892$2,232,900,415
99$3,688,151,180$73,425,002$11,480,696$2,459,029,580
100$4,063,814,549$76,494,775$11,337,248$2,708,168,588