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%18.6%
1 years$421,153$417,402$413,742$410,169$406,681$392,564
2 years$208,492$204,609$200,846$197,197$193,658$179,581
3 years$137,614$133,714$129,960$126,346$122,864$109,270
4 years$102,182$98,294$94,578$91,025$87,628$74,620
5 years$80,928$77,064$73,396$69,916$66,613$54,227
6 years$66,764$62,928$59,315$55,912$52,709$40,952
7 years$56,650$52,847$49,291$45,969$42,866$31,738
8 years$49,068$45,300$41,803$38,562$35,562$25,053
9 years$43,175$39,442$36,005$32,846$29,948$20,045
10 years$38,462$34,766$31,390$28,314$25,517$16,204
11 years$34,610$30,950$27,635$24,641$21,946$13,203
12 years$31,401$27,779$24,525$21,614$19,018$10,825
13 years$28,688$25,104$21,912$19,082$16,584$8,920
14 years$26,365$22,819$19,688$16,939$14,537$7,380
15 years$24,353$20,846$17,775$15,106$12,800$6,125
16 years$22,595$19,125$16,116$13,526$11,312$5,098
17 years$21,045$17,614$14,665$12,153$10,030$4,252
18 years$19,669$16,276$13,387$10,952$8,919$3,552
19 years$18,439$15,084$12,255$9,896$7,949$2,973
20 years$17,333$14,017$11,247$8,963$7,101$2,491
21 years$16,334$13,056$10,345$8,135$6,354$2,089
22 years$15,427$12,188$9,535$7,396$5,696$1,753
23 years$14,601$11,399$8,804$6,736$5,113$1,473
24 years$13,844$10,680$8,142$6,144$4,595$1,238
25 years$13,149$10,023$7,541$5,611$4,135$1,041
26 years$12,508$9,420$6,994$5,130$3,725$876
27 years$11,916$8,865$6,495$4,696$3,358$737
28 years$11,367$8,353$6,038$4,302$3,030$620
29 years$10,857$7,881$5,618$3,945$2,736$522
30 years$10,381$7,442$5,233$3,621$2,472$440
31 years$9,938$7,035$4,879$3,325$2,235$371
32 years$9,523$6,657$4,552$3,056$2,022$312
33 years$9,133$6,304$4,250$2,810$1,830$263
34 years$8,768$5,975$3,971$2,586$1,657$222
35 years$8,424$5,667$3,713$2,380$1,501$187
36 years$8,100$5,379$3,473$2,192$1,360$158
37 years$7,794$5,109$3,251$2,020$1,232$133
38 years$7,505$4,855$3,044$1,862$1,117$112
39 years$7,232$4,617$2,852$1,717$1,013$94
40 years$6,973$4,393$2,673$1,583$919$80
41 years$6,727$4,181$2,507$1,461$834$67
42 years$6,493$3,982$2,351$1,348$756$57
43 years$6,271$3,794$2,207$1,245$686$48
44 years$6,060$3,617$2,071$1,149$623$40
45 years$5,858$3,449$1,945$1,061$566$34
46 years$5,666$3,290$1,827$980$514$29
47 years$5,483$3,140$1,716$906$466$24
48 years$5,307$2,997$1,613$837$424$20
49 years$5,140$2,862$1,516$773$385$17
50 years$4,979$2,734$1,425$715$349$14

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 $6,503 every year, while hoping to spend $44,655 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: 45/36/19 Blend
29$5,100,000$5,100,000$5,100,000$5,100,000
30$5,626,908$5,356,608$5,277,558$5,849,112
31$6,153,340$5,571,569$5,406,843$6,220,525
32$6,731,971$5,795,567$5,538,963$6,618,107
33$7,368,079$6,028,996$5,673,966$7,048,323
34$8,067,478$6,272,272$5,811,898$7,514,222
35$8,836,573$6,525,825$5,952,809$8,019,152
36$9,682,421$6,790,108$6,096,746$8,566,795
37$10,612,798$7,065,594$6,243,756$9,161,193
38$11,636,270$7,352,775$6,393,890$9,806,791
39$12,762,278$7,652,169$6,547,193$10,508,475
40$14,001,220$7,964,314$6,703,713$11,271,614
41$15,364,555$8,289,777$6,863,499$12,102,114
42$16,864,910$8,629,146$7,026,596$13,006,469
43$18,516,196$8,983,039$7,193,052$13,991,819
44$20,333,741$9,352,102$7,362,913$15,066,019
45$22,334,437$9,737,009$7,536,224$16,237,709
46$24,536,893$10,138,465$7,713,031$17,516,393
47$26,961,616$10,557,210$7,893,378$18,912,529
48$29,631,203$10,994,016$8,077,308$20,437,621
49$32,570,551$11,449,689$8,264,864$22,104,331
50$35,807,098$11,925,074$8,456,087$23,926,592
51$39,371,075$12,421,055$8,651,019$25,919,737
52$43,295,795$12,938,557$8,849,698$28,100,643
53$47,617,965$13,478,545$9,052,162$30,487,886
54$52,378,035$14,042,032$9,258,448$33,101,914
55$57,620,579$14,630,076$9,468,590$35,965,238
56$63,394,711$15,243,783$9,682,621$39,102,639
57$69,754,555$15,884,312$9,900,572$42,541,400
58$76,759,751$16,552,874$10,122,473$46,311,561
59$84,476,020$17,250,739$10,348,349$50,446,196
60$92,975,781$17,979,232$10,578,226$54,981,725
61$102,338,839$18,739,743$10,812,125$59,958,251
62$112,653,134$19,533,724$11,050,064$65,419,937
63$124,015,572$20,362,695$11,292,060$71,415,416
64$136,532,942$21,228,248$11,538,126$77,998,248
65$150,322,918$22,132,049$11,788,269$85,227,419
66$165,515,176$23,075,839$12,042,496$93,167,895
67$182,252,613$24,061,444$12,300,809$101,891,227
68$200,692,697$25,090,773$12,563,204$111,476,225
69$221,008,955$26,165,823$12,829,674$122,009,694
70$243,392,608$27,288,688$13,100,207$133,587,250
71$268,054,376$28,461,556$13,374,787$146,314,211
72$295,226,470$29,686,721$13,653,390$160,306,593
73$325,164,781$30,966,580$13,935,989$175,692,193
74$358,151,292$32,303,647$14,222,548$192,611,789
75$394,496,749$33,700,550$14,513,029$211,220,465
76$434,543,584$35,160,044$14,807,382$231,689,064
77$478,669,154$36,685,010$15,105,553$254,205,795
78$527,289,298$38,278,466$15,407,480$278,978,001
79$580,862,268$39,943,573$15,713,092$306,234,108
80$639,893,049$41,683,637$16,022,310$336,225,774
81$704,938,128$43,502,124$16,335,046$369,230,251
82$776,610,750$45,402,660$16,651,202$405,552,997
83$855,586,700$47,389,044$16,970,671$445,530,550
84$942,610,689$49,465,253$17,293,334$489,533,691
85$1,038,503,380$51,635,452$17,619,062$537,970,933
86$1,144,169,138$53,904,002$17,947,714$591,292,372
87$1,260,604,563$56,275,471$18,279,135$649,993,916
88$1,388,907,902$58,754,642$18,613,159$714,621,961
89$1,530,289,414$61,346,525$18,949,606$785,778,531
90$1,686,082,797$64,056,368$19,288,281$864,126,950
91$1,857,757,776$66,889,664$19,628,972$950,398,091
92$2,046,933,981$69,852,170$19,971,455$1,045,397,256
93$2,255,396,234$72,949,913$20,315,485$1,150,011,768
94$2,485,111,399$76,189,208$20,660,803$1,265,219,330
95$2,738,246,950$79,576,667$21,007,128$1,392,097,234
96$3,017,191,435$83,119,219$21,354,163$1,531,832,520
97$3,324,577,020$86,824,120$21,701,586$1,685,733,158
98$3,663,304,346$90,698,971$22,049,059$1,855,240,379
99$4,036,569,903$94,751,735$22,396,216$2,041,942,260
100$4,447,896,215$98,990,752$22,742,671$2,247,588,694