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%16.7%
1 years$412,895$409,217$405,629$402,127$398,707$387,810
2 years$204,404$200,597$196,907$193,330$189,860$178,962
3 years$134,915$131,092$127,412$123,869$120,455$109,896
4 years$100,178$96,367$92,723$89,240$85,910$75,771
5 years$79,341$75,553$71,957$68,545$65,307$55,616
6 years$65,455$61,694$58,152$54,816$51,675$42,442
7 years$55,539$51,811$48,325$45,067$42,026$33,250
8 years$48,106$44,411$40,983$37,806$34,865$26,542
9 years$42,328$38,668$35,299$32,202$29,361$21,484
10 years$37,708$34,084$30,774$27,759$25,017$17,575
11 years$33,931$30,343$27,093$24,158$21,515$14,497
12 years$30,785$27,234$24,044$21,190$18,645$12,037
13 years$28,126$24,612$21,482$18,708$16,259$10,047
14 years$25,848$22,371$19,302$16,607$14,252$8,422
15 years$23,876$20,437$17,427$14,810$12,549$7,085
16 years$22,152$18,750$15,800$13,261$11,091$5,978
17 years$20,632$17,268$14,377$11,915$9,834$5,056
18 years$19,283$15,957$13,125$10,738$8,744$4,284
19 years$18,077$14,789$12,015$9,702$7,793$3,637
20 years$16,993$13,742$11,027$8,787$6,961$3,092
21 years$16,014$12,800$10,143$7,975$6,230$2,631
22 years$15,125$11,949$9,348$7,251$5,584$2,242
23 years$14,314$11,175$8,631$6,604$5,012$1,911
24 years$13,572$10,471$7,982$6,023$4,505$1,631
25 years$12,891$9,826$7,393$5,501$4,054$1,393
26 years$12,263$9,235$6,857$5,029$3,652$1,190
27 years$11,682$8,691$6,367$4,604$3,292$1,017
28 years$11,144$8,190$5,919$4,218$2,971$869
29 years$10,644$7,726$5,508$3,868$2,683$743
30 years$10,178$7,296$5,131$3,550$2,424$636
31 years$9,743$6,898$4,783$3,260$2,191$544
32 years$9,336$6,526$4,463$2,996$1,982$466
33 years$8,954$6,181$4,167$2,755$1,794$399
34 years$8,596$5,858$3,893$2,535$1,624$341
35 years$8,259$5,556$3,640$2,334$1,471$292
36 years$7,941$5,274$3,405$2,149$1,333$250
37 years$7,641$5,009$3,187$1,980$1,208$214
38 years$7,358$4,760$2,985$1,825$1,095$184
39 years$7,090$4,526$2,796$1,683$993$157
40 years$6,836$4,306$2,621$1,552$901$135
41 years$6,595$4,099$2,458$1,432$817$115
42 years$6,366$3,904$2,305$1,322$742$99
43 years$6,148$3,720$2,163$1,220$673$85
44 years$5,941$3,546$2,031$1,127$611$73
45 years$5,743$3,381$1,907$1,040$555$62
46 years$5,555$3,225$1,791$961$504$53
47 years$5,375$3,078$1,682$888$457$46
48 years$5,203$2,938$1,581$820$415$39
49 years$5,039$2,806$1,486$758$377$34
50 years$4,882$2,680$1,397$701$343$29

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 $2,637 every year, while hoping to spend $38,177 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: 48/29/23 Blend
29$5,000,000$5,000,000$5,000,000$5,000,000
30$5,512,720$5,247,720$5,170,220$5,741,212
31$6,034,397$5,464,238$5,302,802$6,117,612
32$6,608,006$5,690,086$5,438,547$6,522,092
33$7,238,804$5,925,681$5,577,519$6,960,556
34$7,932,581$6,171,459$5,719,785$7,436,219
35$8,695,719$6,427,875$5,865,412$7,952,609
36$9,535,249$6,695,407$6,014,470$8,513,607
37$10,458,916$6,974,555$6,167,027$9,123,479
38$11,475,257$7,265,839$6,323,153$9,786,915
39$12,593,674$7,569,806$6,482,920$10,509,073
40$13,824,530$7,887,028$6,646,399$11,295,625
41$15,179,242$8,218,102$6,813,664$12,152,809
42$16,670,390$8,563,654$6,984,786$13,087,487
43$18,311,835$8,924,339$7,159,842$14,107,209
44$20,118,851$9,300,840$7,338,906$15,220,279
45$22,108,268$9,693,875$7,522,053$16,435,837
46$24,298,630$10,104,194$7,709,360$17,763,938
47$26,710,371$10,532,580$7,900,905$19,215,648
48$29,366,009$10,979,856$8,096,765$20,803,145
49$32,290,353$11,446,881$8,297,019$22,539,835
50$35,510,745$11,934,554$8,501,744$24,440,471
51$39,057,310$12,443,816$8,711,022$26,521,295
52$42,963,246$12,975,653$8,924,931$28,800,184
53$47,265,132$13,531,096$9,143,552$31,296,823
54$52,003,280$14,111,224$9,366,965$34,032,880
55$57,222,108$14,717,166$9,595,251$37,032,215
56$62,970,562$15,350,107$9,828,492$40,321,097
57$69,302,581$16,011,284$10,066,767$43,928,455
58$76,277,599$16,701,992$10,310,159$47,886,139
59$83,961,113$17,423,589$10,558,749$52,229,229
60$92,425,297$18,177,495$10,812,617$56,996,351
61$101,749,682$18,965,196$11,071,844$62,230,047
62$112,021,910$19,788,252$11,336,511$67,977,169
63$123,338,559$20,648,290$11,606,698$74,289,317
64$135,806,054$21,547,018$11,882,485$81,223,326
65$149,541,672$22,486,223$12,163,949$88,841,792
66$164,674,651$23,467,776$12,451,170$97,213,665
67$181,347,405$24,493,637$12,744,224$106,414,891
68$199,716,872$25,565,857$13,043,187$116,529,127
69$219,955,994$26,686,585$13,348,135$127,648,522
70$242,255,349$27,858,070$13,659,140$139,874,589
71$266,824,948$29,082,670$13,976,275$153,319,148
72$293,896,223$30,362,850$14,299,610$168,105,385
73$323,724,204$31,701,196$14,629,214$184,369,004
74$356,589,932$33,100,414$14,965,152$202,259,504
75$392,803,109$34,563,339$15,307,488$221,941,581
76$432,705,022$36,092,938$15,656,285$243,596,682
77$476,671,763$37,692,321$16,011,600$267,424,704
78$525,117,784$39,364,745$16,373,489$293,645,880
79$578,499,801$41,113,622$16,742,004$322,502,845
80$637,321,115$42,942,523$17,117,195$354,262,924
81$702,136,354$44,855,192$17,499,107$389,220,642
82$773,556,715$46,855,549$17,887,779$427,700,502
83$852,255,730$48,947,701$18,283,250$470,060,033
84$938,975,625$51,135,950$18,685,550$516,693,160
85$1,034,534,329$53,424,801$19,094,706$568,033,911
86$1,139,833,192$55,818,977$19,510,740$624,560,507
87$1,255,865,493$58,323,423$19,933,666$686,799,862
88$1,383,725,823$60,943,321$20,363,493$755,332,548
89$1,524,620,411$63,684,097$20,800,224$830,798,265
90$1,679,878,516$66,551,441$21,243,854$913,901,868
91$1,850,964,972$69,551,309$21,694,371$1,005,420,005
92$2,039,494,020$72,689,944$22,151,753$1,106,208,440
93$2,247,244,546$75,973,887$22,615,973$1,217,210,115
94$2,476,176,873$79,409,991$23,086,991$1,339,464,039
95$2,728,451,268$83,005,435$23,564,760$1,474,115,081
96$3,006,448,339$86,767,743$24,049,221$1,622,424,763
97$3,312,791,505$90,704,798$24,540,306$1,785,783,149
98$3,650,371,766$94,824,860$25,037,933$1,965,721,959
99$4,022,374,992$99,136,584$25,542,009$2,163,929,001
100$4,432,312,004$103,649,039$26,052,430$2,382,264,093