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%11.8%
1 years$404,637$401,033$397,517$394,084$390,733$387,783
2 years$200,316$196,585$192,969$189,464$186,063$183,089
3 years$132,217$128,470$124,864$121,391$118,046$115,140
4 years$98,175$94,439$90,869$87,456$84,192$81,376
5 years$77,754$74,042$70,518$67,174$64,001$61,284
6 years$64,145$60,461$56,989$53,720$50,642$48,027
7 years$54,429$50,775$47,358$44,166$41,185$38,674
8 years$47,144$43,523$40,163$37,050$34,167$31,759
9 years$41,482$37,895$34,593$31,558$28,774$26,468
10 years$36,954$33,402$30,159$27,203$24,517$22,312
11 years$33,252$29,736$26,551$23,675$21,085$18,980
12 years$30,170$26,690$23,564$20,766$18,272$16,265
13 years$27,563$24,120$21,053$18,334$15,934$14,022
14 years$25,331$21,924$18,916$16,274$13,967$12,149
15 years$23,398$20,028$17,078$14,514$12,298$10,571
16 years$21,709$18,375$15,484$12,996$10,869$9,230
17 years$20,220$16,923$14,090$11,676$9,637$8,084
18 years$18,897$15,638$12,862$10,523$8,569$7,098
19 years$17,716$14,493$11,775$9,508$7,638$6,247
20 years$16,654$13,467$10,806$8,612$6,822$5,508
21 years$15,694$12,544$9,940$7,816$6,105$4,865
22 years$14,822$11,710$9,161$7,106$5,472$4,303
23 years$14,028$10,952$8,459$6,472$4,912$3,811
24 years$13,301$10,261$7,823$5,903$4,415$3,379
25 years$12,633$9,630$7,245$5,391$3,973$2,999
26 years$12,017$9,050$6,720$4,929$3,579$2,664
27 years$11,448$8,517$6,240$4,512$3,227$2,368
28 years$10,921$8,026$5,801$4,134$2,911$2,107
29 years$10,431$7,571$5,398$3,791$2,629$1,875
30 years$9,974$7,150$5,028$3,479$2,375$1,670
31 years$9,548$6,760$4,688$3,195$2,148$1,488
32 years$9,149$6,396$4,374$2,936$1,943$1,327
33 years$8,775$6,057$4,084$2,700$1,758$1,183
34 years$8,424$5,741$3,816$2,484$1,592$1,055
35 years$8,094$5,445$3,567$2,287$1,442$942
36 years$7,782$5,168$3,337$2,106$1,306$840
37 years$7,489$4,908$3,123$1,941$1,184$750
38 years$7,211$4,665$2,925$1,789$1,073$670
39 years$6,948$4,436$2,740$1,649$973$598
40 years$6,699$4,220$2,569$1,521$883$534
41 years$6,463$4,017$2,408$1,404$801$477
42 years$6,238$3,826$2,259$1,295$727$427
43 years$6,025$3,645$2,120$1,196$660$381
44 years$5,822$3,475$1,990$1,104$599$341
45 years$5,628$3,314$1,869$1,020$544$304
46 years$5,444$3,161$1,755$942$493$272
47 years$5,268$3,017$1,649$870$448$243
48 years$5,099$2,880$1,549$804$407$217
49 years$4,938$2,750$1,456$743$370$194
50 years$4,784$2,627$1,369$687$336$174

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 $3,541 every year, while hoping to spend $55,585 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: 36/36/28 Blend
29$4,900,000$4,900,000$4,900,000$4,900,000
30$5,403,453$5,143,753$5,067,803$5,552,432
31$5,895,463$5,336,654$5,178,432$5,856,486
32$6,435,795$5,537,145$5,290,904$6,179,227
33$7,029,319$5,745,539$5,405,223$6,526,591
34$7,681,401$5,962,162$5,521,389$6,900,833
35$8,397,951$6,187,354$5,639,402$7,304,425
36$9,185,479$6,421,472$5,759,260$7,740,085
37$10,051,160$6,664,886$5,880,957$8,210,796
38$11,002,896$6,917,984$6,004,487$8,719,839
39$12,049,395$7,181,168$6,129,841$9,270,817
40$13,200,249$7,454,861$6,257,006$9,867,692
41$14,466,027$7,739,502$6,385,969$10,514,820
42$15,858,375$8,035,550$6,516,711$11,216,988
43$17,390,121$8,343,485$6,649,213$11,979,461
44$19,075,403$8,663,805$6,783,451$12,808,030
45$20,929,795$8,997,032$6,919,398$13,709,062
46$22,970,459$9,343,712$7,057,023$14,689,564
47$25,216,305$9,704,413$7,196,292$15,757,242
48$27,688,167$10,079,728$7,337,167$16,920,574
49$30,409,002$10,470,277$7,479,604$18,188,891
50$33,404,107$10,876,707$7,623,558$19,572,458
51$36,701,355$11,299,694$7,768,975$21,082,573
52$40,331,457$11,739,943$7,915,800$22,731,672
53$44,328,257$12,198,191$8,063,970$24,533,441
54$48,729,044$12,675,208$8,213,419$26,502,944
55$53,574,910$13,171,796$8,364,072$28,656,766
56$58,911,133$13,688,796$8,515,850$31,013,163
57$64,787,605$14,227,084$8,668,667$33,592,237
58$71,259,304$14,787,575$8,822,432$36,416,115
59$78,386,813$15,371,226$8,977,043$39,509,166
60$86,236,888$15,979,036$9,132,394$42,898,220
61$94,883,092$16,612,050$9,288,370$46,612,822
62$104,406,484$17,271,357$9,444,848$50,685,505
63$114,896,390$17,958,098$9,601,695$55,152,101
64$126,451,241$18,673,464$9,758,770$60,052,066
65$139,179,502$19,418,698$9,915,923$65,428,860
66$153,200,697$20,195,101$10,072,993$71,330,343
67$168,646,539$21,004,031$10,229,809$77,809,233
68$185,662,167$21,846,910$10,386,188$84,923,593
69$204,407,520$22,725,220$10,541,937$92,737,379
70$225,058,844$23,640,513$10,696,850$101,321,039
71$247,810,360$24,594,412$10,850,708$110,752,171
72$272,876,088$25,588,610$11,003,278$121,116,258
73$300,491,877$26,624,879$11,154,316$132,507,461
74$330,917,622$27,705,072$11,303,559$145,029,512
75$364,439,724$28,831,126$11,450,733$158,796,682
76$401,373,789$30,005,063$11,595,545$173,934,861
77$442,067,606$31,229,002$11,737,687$190,582,733
78$486,904,434$32,505,155$11,876,831$208,893,085
79$536,306,615$33,835,837$12,012,634$229,034,246
80$590,739,563$35,223,466$12,144,731$251,191,662
81$650,716,157$36,670,574$12,272,738$275,569,648
82$716,801,580$38,179,807$12,396,249$302,393,305
83$789,618,655$39,753,933$12,514,838$331,910,643
84$869,853,727$41,395,844$12,628,054$364,394,910
85$958,263,136$43,108,570$12,735,423$400,147,169
86$1,055,680,362$44,895,275$12,836,445$439,499,130
87$1,163,023,887$46,759,272$12,930,595$482,816,272
88$1,281,305,872$48,704,025$13,017,318$530,501,288
89$1,411,641,707$50,733,158$13,096,034$582,997,876
90$1,555,260,539$52,850,461$13,166,129$640,794,919
91$1,713,516,881$55,059,900$13,226,961$704,431,092
92$1,887,903,392$57,365,625$13,277,854$774,499,933
93$2,080,064,973$59,771,975$13,318,097$851,655,443
94$2,291,814,291$62,283,493$13,346,944$936,618,242
95$2,525,148,895$64,904,930$13,363,613$1,030,182,367
96$2,782,270,069$67,641,258$13,367,280$1,133,222,751
97$3,065,603,616$70,497,680$13,357,084$1,246,703,476
98$3,377,822,758$73,479,639$13,332,120$1,371,686,857
99$3,721,873,371$76,592,833$13,291,437$1,509,343,458
100$4,101,001,796$79,843,223$13,234,042$1,660,963,134