Can I retire at age 30 with 5,100,000?

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 $5,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$421,153$417,402$413,742$410,169$406,681$395,407
2 years$208,492$204,609$200,846$197,197$193,658$182,383
3 years$137,614$133,714$129,960$126,346$122,864$111,943
4 years$102,182$98,294$94,578$91,025$87,628$77,143
5 years$80,928$77,064$73,396$69,916$66,613$56,594
6 years$66,764$62,928$59,315$55,912$52,709$43,164
7 years$56,650$52,847$49,291$45,969$42,866$33,797
8 years$49,068$45,300$41,803$38,562$35,562$26,963
9 years$43,175$39,442$36,005$32,846$29,948$21,811
10 years$38,462$34,766$31,390$28,314$25,517$17,832
11 years$34,610$30,950$27,635$24,641$21,946$14,699
12 years$31,401$27,779$24,525$21,614$19,018$12,197
13 years$28,688$25,104$21,912$19,082$16,584$10,174
14 years$26,365$22,819$19,688$16,939$14,537$8,523
15 years$24,353$20,846$17,775$15,106$12,800$7,165
16 years$22,595$19,125$16,116$13,526$11,312$6,040
17 years$21,045$17,614$14,665$12,153$10,030$5,105
18 years$19,669$16,276$13,387$10,952$8,919$4,323
19 years$18,439$15,084$12,255$9,896$7,949$3,667
20 years$17,333$14,017$11,247$8,963$7,101$3,115
21 years$16,334$13,056$10,345$8,135$6,354$2,649
22 years$15,427$12,188$9,535$7,396$5,696$2,255
23 years$14,601$11,399$8,804$6,736$5,113$1,921
24 years$13,844$10,680$8,142$6,144$4,595$1,638
25 years$13,149$10,023$7,541$5,611$4,135$1,397
26 years$12,508$9,420$6,994$5,130$3,725$1,193
27 years$11,916$8,865$6,495$4,696$3,358$1,019
28 years$11,367$8,353$6,038$4,302$3,030$870
29 years$10,857$7,881$5,618$3,945$2,736$744
30 years$10,381$7,442$5,233$3,621$2,472$636
31 years$9,938$7,035$4,879$3,325$2,235$543
32 years$9,523$6,657$4,552$3,056$2,022$465
33 years$9,133$6,304$4,250$2,810$1,830$397
34 years$8,768$5,975$3,971$2,586$1,657$340
35 years$8,424$5,667$3,713$2,380$1,501$291
36 years$8,100$5,379$3,473$2,192$1,360$249
37 years$7,794$5,109$3,251$2,020$1,232$213
38 years$7,505$4,855$3,044$1,862$1,117$182
39 years$7,232$4,617$2,852$1,717$1,013$156
40 years$6,973$4,393$2,673$1,583$919$134
41 years$6,727$4,181$2,507$1,461$834$114
42 years$6,493$3,982$2,351$1,348$756$98
43 years$6,271$3,794$2,207$1,245$686$84
44 years$6,060$3,617$2,071$1,149$623$72
45 years$5,858$3,449$1,945$1,061$566$61
46 years$5,666$3,290$1,827$980$514$53
47 years$5,483$3,140$1,716$906$466$45
48 years$5,307$2,997$1,613$837$424$38
49 years$5,140$2,862$1,516$773$385$33
50 years$4,979$2,734$1,425$715$349$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $5,100,000, adding $6,865 every year, while hoping to spend $40,173 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: 37/33/30 Blend
29$5,100,000$5,100,000$5,100,000$5,100,000
30$5,627,281$5,356,981$5,277,931$5,784,864
31$6,158,520$5,576,730$5,411,998$6,122,295
32$6,742,599$5,805,899$5,549,210$6,482,408
33$7,384,865$6,044,909$5,689,629$6,870,650
34$8,091,210$6,294,198$5,833,320$7,289,594
35$8,868,124$6,554,224$5,980,347$7,742,066
36$9,722,759$6,825,468$6,130,775$8,231,169
37$10,662,994$7,108,430$6,284,670$8,760,310
38$11,697,512$7,403,635$6,442,099$9,333,230
39$12,835,878$7,711,633$6,603,129$9,954,041
40$14,088,631$8,032,997$6,767,828$10,627,260
41$15,467,385$8,368,327$6,936,264$11,357,852
42$16,984,937$8,718,253$7,108,506$12,151,274
43$18,655,384$9,083,432$7,284,625$13,013,523
44$20,494,264$9,464,550$7,464,691$13,951,193
45$22,518,694$9,862,329$7,648,774$14,971,537
46$24,747,538$10,277,520$7,836,944$16,082,528
47$27,201,580$10,710,912$8,029,275$17,292,936
48$29,903,723$11,163,328$8,225,837$18,612,406
49$32,879,203$11,635,631$8,426,703$20,051,550
50$36,155,828$12,128,724$8,631,945$21,622,041
51$39,764,243$12,643,552$8,841,635$23,336,723
52$43,738,212$13,181,102$9,055,846$25,209,730
53$48,114,944$13,742,410$9,274,651$27,256,612
54$52,935,438$14,328,559$9,498,122$29,494,485
55$58,244,875$14,940,680$9,726,332$31,942,185
56$64,093,041$15,579,962$9,959,352$34,620,445
57$70,534,796$16,247,644$10,197,255$37,552,087
58$77,630,594$16,945,028$10,440,112$40,762,231
59$85,447,052$17,673,472$10,687,994$44,278,535
60$94,057,581$18,434,402$10,940,971$48,131,444
61$103,543,075$19,229,308$11,199,114$52,354,480
62$113,992,674$20,059,750$11,462,490$56,984,552
63$125,504,611$20,927,362$11,731,167$62,062,299
64$138,187,133$21,833,855$12,005,214$67,632,472
65$152,159,526$22,781,018$12,284,693$73,744,347
66$167,553,238$23,770,729$12,569,671$80,452,192
67$184,513,122$24,804,948$12,860,208$87,815,766
68$203,198,802$25,885,732$13,156,366$95,900,887
69$223,786,179$27,015,232$13,458,204$104,780,040
70$246,469,093$28,195,703$13,765,778$114,533,058
71$271,461,152$29,429,503$14,079,143$125,247,872
72$298,997,745$30,719,104$14,398,350$137,021,332
73$329,338,269$32,067,094$14,723,448$149,960,114
74$362,768,573$33,476,182$15,054,484$164,181,725
75$399,603,658$34,949,206$15,391,501$179,815,598
76$440,190,652$36,489,138$15,734,537$197,004,313
77$484,912,083$38,099,091$16,083,628$215,904,930
78$534,189,493$39,782,323$16,438,807$236,690,467
79$588,487,414$41,542,250$16,800,100$259,551,525
80$648,317,757$43,382,447$17,167,530$284,698,073
81$714,244,641$45,306,660$17,541,115$312,361,429
82$786,889,719$47,318,810$17,920,867$342,796,427
83$866,938,046$49,423,008$18,306,792$376,283,817
84$955,144,549$51,623,558$18,698,892$413,132,903
85$1,052,341,148$53,924,967$19,097,159$453,684,452
86$1,159,444,613$56,331,958$19,501,583$498,313,898
87$1,277,465,219$58,849,480$19,912,141$547,434,878
88$1,407,516,280$61,482,713$20,328,806$601,503,120
89$1,550,824,663$64,237,088$20,751,543$661,020,736
90$1,708,742,364$67,118,291$21,180,305$726,540,944
91$1,882,759,279$70,132,281$21,615,039$798,673,279
92$2,074,517,263$73,285,300$22,055,680$878,089,335
93$2,285,825,632$76,583,888$22,502,154$965,529,082
94$2,518,678,244$80,034,896$22,954,374$1,061,807,841
95$2,775,272,322$83,645,503$23,412,243$1,167,823,965
96$3,058,029,197$87,423,231$23,875,651$1,284,567,295
97$3,369,617,164$91,375,958$24,344,474$1,413,128,494
98$3,712,976,677$95,511,943$24,818,577$1,554,709,318
99$4,091,348,106$99,839,835$25,297,806$1,710,633,943
100$4,508,302,325$104,368,700$25,781,996$1,882,361,447