Can I retire at age 30 with 5,000,000?

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 $5,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$412,895$409,217$405,629$402,127$398,707$384,408
2 years$204,404$200,597$196,907$193,330$189,860$175,609
3 years$134,915$131,092$127,412$123,869$120,455$106,699
4 years$100,178$96,367$92,723$89,240$85,910$72,754
5 years$79,341$75,553$71,957$68,545$65,307$52,787
6 years$65,455$61,694$58,152$54,816$51,675$39,800
7 years$55,539$51,811$48,325$45,067$42,026$30,792
8 years$48,106$44,411$40,983$37,806$34,865$24,263
9 years$42,328$38,668$35,299$32,202$29,361$19,377
10 years$37,708$34,084$30,774$27,759$25,017$15,634
11 years$33,931$30,343$27,093$24,158$21,515$12,714
12 years$30,785$27,234$24,044$21,190$18,645$10,404
13 years$28,126$24,612$21,482$18,708$16,259$8,555
14 years$25,848$22,371$19,302$16,607$14,252$7,063
15 years$23,876$20,437$17,427$14,810$12,549$5,850
16 years$22,152$18,750$15,800$13,261$11,091$4,858
17 years$20,632$17,268$14,377$11,915$9,834$4,043
18 years$19,283$15,957$13,125$10,738$8,744$3,370
19 years$18,077$14,789$12,015$9,702$7,793$2,814
20 years$16,993$13,742$11,027$8,787$6,961$2,352
21 years$16,014$12,800$10,143$7,975$6,230$1,968
22 years$15,125$11,949$9,348$7,251$5,584$1,648
23 years$14,314$11,175$8,631$6,604$5,012$1,381
24 years$13,572$10,471$7,982$6,023$4,505$1,158
25 years$12,891$9,826$7,393$5,501$4,054$972
26 years$12,263$9,235$6,857$5,029$3,652$815
27 years$11,682$8,691$6,367$4,604$3,292$685
28 years$11,144$8,190$5,919$4,218$2,971$575
29 years$10,644$7,726$5,508$3,868$2,683$483
30 years$10,178$7,296$5,131$3,550$2,424$406
31 years$9,743$6,898$4,783$3,260$2,191$341
32 years$9,336$6,526$4,463$2,996$1,982$287
33 years$8,954$6,181$4,167$2,755$1,794$241
34 years$8,596$5,858$3,893$2,535$1,624$202
35 years$8,259$5,556$3,640$2,334$1,471$170
36 years$7,941$5,274$3,405$2,149$1,333$143
37 years$7,641$5,009$3,187$1,980$1,208$120
38 years$7,358$4,760$2,985$1,825$1,095$101
39 years$7,090$4,526$2,796$1,683$993$85
40 years$6,836$4,306$2,621$1,552$901$72
41 years$6,595$4,099$2,458$1,432$817$60
42 years$6,366$3,904$2,305$1,322$742$51
43 years$6,148$3,720$2,163$1,220$673$43
44 years$5,941$3,546$2,031$1,127$611$36
45 years$5,743$3,381$1,907$1,040$555$30
46 years$5,555$3,225$1,791$961$504$25
47 years$5,375$3,078$1,682$888$457$21
48 years$5,203$2,938$1,581$820$415$18
49 years$5,039$2,806$1,486$758$377$15
50 years$4,882$2,680$1,397$701$343$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $5,000,000, adding $5,006 every year, while hoping to spend $50,061 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: 50/20/30 Blend
29$5,000,000$5,000,000$5,000,000$5,000,000
30$5,515,164$5,250,164$5,172,664$5,743,758
31$6,024,446$5,454,157$5,292,683$6,108,522
32$6,583,997$5,666,469$5,415,046$6,499,435
33$7,198,892$5,887,452$5,539,777$6,923,400
34$7,874,720$6,117,479$5,666,901$7,383,583
35$8,617,642$6,356,936$5,796,443$7,883,465
36$9,434,443$6,606,227$5,928,425$8,426,879
37$10,332,597$6,865,774$6,062,868$9,018,038
38$11,320,343$7,136,017$6,199,795$9,661,581
39$12,406,754$7,417,418$6,339,224$10,362,609
40$13,601,828$7,710,457$6,481,174$11,126,738
41$14,916,583$8,015,637$6,625,661$11,960,150
42$16,363,154$8,333,483$6,772,700$12,869,646
43$17,954,915$8,664,544$6,922,305$13,862,716
44$19,706,602$9,009,392$7,074,488$14,947,601
45$21,634,449$9,368,626$7,229,258$16,133,376
46$23,756,348$9,742,873$7,386,622$17,430,034
47$26,092,008$10,132,786$7,546,586$18,848,572
48$28,663,149$10,539,050$7,709,154$20,401,105
49$31,493,704$10,962,377$7,874,324$22,100,967
50$34,610,044$11,403,515$8,042,096$23,962,847
51$38,041,226$11,863,245$8,212,464$26,002,916
52$41,819,268$12,342,381$8,385,419$28,238,986
53$45,979,453$12,841,777$8,560,949$30,690,672
54$50,560,657$13,362,324$8,739,041$33,379,579
55$55,605,720$13,904,954$8,919,675$36,329,500
56$61,161,847$14,470,641$9,102,828$39,566,644
57$67,281,056$15,060,403$9,288,473$43,119,878
58$74,020,666$15,675,305$9,476,580$47,020,998
59$81,443,841$16,316,461$9,667,111$51,305,031
60$89,620,181$16,985,036$9,860,028$56,010,558
61$98,626,383$17,682,247$10,055,282$61,180,081
62$108,546,963$18,409,366$10,252,824$66,860,420
63$119,475,054$19,167,726$10,452,594$73,103,152
64$131,513,285$19,958,719$10,654,531$79,965,098
65$144,774,745$20,783,802$10,858,563$87,508,856
66$159,384,058$21,644,498$11,064,614$95,803,389
67$175,478,554$22,542,399$11,272,600$104,924,674
68$193,209,563$23,479,174$11,482,429$114,956,416
69$212,743,850$24,456,565$11,694,002$125,990,837
70$234,265,182$25,476,395$11,907,210$138,129,543
71$257,976,065$26,540,574$12,121,937$151,484,479
72$284,099,657$27,651,096$12,338,055$166,178,984
73$312,881,872$28,810,049$12,555,430$182,348,954
74$344,593,701$30,019,619$12,773,914$200,144,117
75$379,533,769$31,282,091$12,993,351$219,729,449
76$418,031,156$32,599,856$13,213,571$241,286,721
77$460,448,503$33,975,418$13,434,394$265,016,218
78$507,185,431$35,411,394$13,655,628$291,138,622
79$558,682,318$36,910,526$13,877,064$319,897,092
80$615,424,453$38,475,680$14,098,485$351,559,556
81$677,946,617$40,109,858$14,319,653$386,421,235
82$746,838,131$41,816,200$14,540,320$424,807,428
83$822,748,419$43,597,993$14,760,220$467,076,575
84$906,393,140$45,458,676$14,979,070$513,623,639
85$998,560,941$47,401,852$15,196,569$564,883,826
86$1,100,120,901$49,431,287$15,412,399$621,336,692
87$1,212,030,740$51,550,928$15,626,221$683,510,664
88$1,335,345,855$53,764,902$15,837,678$751,988,021
89$1,471,229,282$56,077,532$16,046,391$827,410,387
90$1,620,962,680$58,493,343$16,251,956$910,484,781
91$1,785,958,428$61,017,071$16,453,951$1,001,990,285
92$1,967,772,955$63,653,674$16,651,926$1,102,785,395
93$2,168,121,436$66,408,345$16,845,405$1,213,816,115
94$2,388,893,986$69,286,516$17,033,889$1,336,124,883
95$2,632,173,496$72,293,880$17,216,849$1,470,860,403
96$2,900,255,305$75,436,392$17,393,725$1,619,288,485
97$3,195,668,862$78,720,291$17,563,931$1,782,803,981
98$3,521,201,608$82,152,108$17,726,845$1,962,943,952
99$3,879,925,293$85,738,681$17,881,814$2,161,402,163
100$4,275,224,968$89,487,172$18,028,151$2,380,045,068