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

Use the below retirement simulation to view the chances of a successful retirement.
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%11.5%
1 years$421,153$417,402$413,742$410,169$406,681$404,118
2 years$208,492$204,609$200,846$197,197$193,658$191,072
3 years$137,614$133,714$129,960$126,346$122,864$120,337
4 years$102,182$98,294$94,578$91,025$87,628$85,178
5 years$80,928$77,064$73,396$69,916$66,613$64,247
6 years$66,764$62,928$59,315$55,912$52,709$50,430
7 years$56,650$52,847$49,291$45,969$42,866$40,677
8 years$49,068$45,300$41,803$38,562$35,562$33,461
9 years$43,175$39,442$36,005$32,846$29,948$27,935
10 years$38,462$34,766$31,390$28,314$25,517$23,591
11 years$34,610$30,950$27,635$24,641$21,946$20,105
12 years$31,401$27,779$24,525$21,614$19,018$17,262
13 years$28,688$25,104$21,912$19,082$16,584$14,910
14 years$26,365$22,819$19,688$16,939$14,537$12,944
15 years$24,353$20,846$17,775$15,106$12,800$11,285
16 years$22,595$19,125$16,116$13,526$11,312$9,874
17 years$21,045$17,614$14,665$12,153$10,030$8,665
18 years$19,669$16,276$13,387$10,952$8,919$7,625
19 years$18,439$15,084$12,255$9,896$7,949$6,725
20 years$17,333$14,017$11,247$8,963$7,101$5,942
21 years$16,334$13,056$10,345$8,135$6,354$5,260
22 years$15,427$12,188$9,535$7,396$5,696$4,663
23 years$14,601$11,399$8,804$6,736$5,113$4,139
24 years$13,844$10,680$8,142$6,144$4,595$3,679
25 years$13,149$10,023$7,541$5,611$4,135$3,273
26 years$12,508$9,420$6,994$5,130$3,725$2,914
27 years$11,916$8,865$6,495$4,696$3,358$2,597
28 years$11,367$8,353$6,038$4,302$3,030$2,315
29 years$10,857$7,881$5,618$3,945$2,736$2,066
30 years$10,381$7,442$5,233$3,621$2,472$1,844
31 years$9,938$7,035$4,879$3,325$2,235$1,647
32 years$9,523$6,657$4,552$3,056$2,022$1,472
33 years$9,133$6,304$4,250$2,810$1,830$1,316
34 years$8,768$5,975$3,971$2,586$1,657$1,177
35 years$8,424$5,667$3,713$2,380$1,501$1,053
36 years$8,100$5,379$3,473$2,192$1,360$942
37 years$7,794$5,109$3,251$2,020$1,232$843
38 years$7,505$4,855$3,044$1,862$1,117$755
39 years$7,232$4,617$2,852$1,717$1,013$676
40 years$6,973$4,393$2,673$1,583$919$605
41 years$6,727$4,181$2,507$1,461$834$542
42 years$6,493$3,982$2,351$1,348$756$485
43 years$6,271$3,794$2,207$1,245$686$435
44 years$6,060$3,617$2,071$1,149$623$390
45 years$5,858$3,449$1,945$1,061$566$349
46 years$5,666$3,290$1,827$980$514$313
47 years$5,483$3,140$1,716$906$466$280
48 years$5,307$2,997$1,613$837$424$251
49 years$5,140$2,862$1,516$773$385$225
50 years$4,979$2,734$1,425$715$349$202

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 $6,493 every year, while hoping to spend $30,694 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: 83/12/5 Blend
29$5,100,000$5,100,000$5,100,000$5,100,000
30$5,626,898$5,356,598$5,277,548$6,093,086
31$6,168,183$5,586,413$5,421,687$6,628,185
32$6,763,651$5,826,460$5,569,627$7,210,792
33$7,418,795$6,077,208$5,721,461$7,849,535
34$8,139,669$6,339,149$5,877,288$8,550,016
35$8,932,944$6,612,796$6,037,205$9,318,407
36$9,805,968$6,898,686$6,201,315$10,161,503
37$10,766,839$7,197,384$6,369,722$11,086,787
38$11,824,480$7,509,480$6,542,531$12,102,499
39$12,988,722$7,835,589$6,719,851$13,217,717
40$14,270,399$8,176,360$6,901,792$14,442,434
41$15,681,446$8,532,468$7,088,469$15,787,662
42$17,235,018$8,904,623$7,279,997$17,265,525
43$18,945,606$9,293,567$7,476,494$18,889,380
44$20,829,183$9,700,076$7,678,081$20,673,938
45$22,903,344$10,124,964$7,884,881$22,635,404
46$25,187,482$10,569,084$8,097,021$24,791,628
47$27,702,964$11,033,328$8,314,630$27,162,273
48$30,473,335$11,518,630$8,537,839$29,769,001
49$33,524,541$12,025,969$8,766,783$32,635,673
50$36,885,173$12,556,370$9,001,598$35,788,574
51$40,586,734$13,110,906$9,242,426$39,256,665
52$44,663,942$13,690,701$9,489,408$43,071,848
53$49,155,052$14,296,933$9,742,691$47,269,269
54$54,102,219$14,930,835$10,002,423$51,887,651
55$59,551,899$15,593,699$10,268,758$56,969,652
56$65,555,280$16,286,878$10,541,848$62,562,274
57$72,168,772$17,011,789$10,821,854$68,717,298
58$79,454,537$17,769,916$11,108,936$75,491,775
59$87,481,072$18,562,815$11,403,258$82,948,565
60$96,323,863$19,392,114$11,704,989$91,156,922
61$106,066,090$20,259,520$12,014,298$100,193,153
62$116,799,415$21,166,821$12,331,362$110,141,332
63$128,624,849$22,115,889$12,656,356$121,094,094
64$141,653,702$23,108,686$12,989,462$133,153,507
65$156,008,635$24,147,267$13,330,865$146,432,033
66$171,824,818$25,233,786$13,680,751$161,053,587
67$189,251,206$26,370,498$14,039,313$177,154,706
68$208,451,944$27,559,767$14,406,744$194,885,835
69$229,607,916$28,804,069$14,783,244$214,412,743
70$252,918,454$30,105,999$15,169,014$235,918,090
71$278,603,219$31,468,276$15,564,258$259,603,143
72$306,904,273$32,893,747$15,969,186$285,689,676
73$338,088,366$34,385,397$16,384,011$314,422,061
74$372,449,451$35,946,353$16,808,947$346,069,572
75$410,311,463$37,579,893$17,244,215$380,928,923
76$452,031,374$39,289,450$17,690,038$419,327,065
77$498,002,563$41,078,621$18,146,643$461,624,271
78$548,658,528$42,951,177$18,614,259$508,217,533
79$604,476,982$44,911,069$19,093,121$559,544,304
80$665,984,361$46,962,438$19,583,467$616,086,628
81$733,760,789$49,109,621$20,085,537$678,375,681
82$808,445,563$51,357,166$20,599,576$746,996,788
83$890,743,181$53,709,838$21,125,832$822,594,937
84$981,429,996$56,172,629$21,664,557$905,880,870
85$1,081,361,542$58,750,775$22,216,007$997,637,782
86$1,191,480,615$61,449,759$22,780,439$1,098,728,715
87$1,312,826,170$64,275,329$23,358,115$1,210,104,696
88$1,446,543,129$67,233,510$23,949,302$1,332,813,714
89$1,593,893,191$70,330,615$24,554,267$1,468,010,603
90$1,756,266,744$73,573,263$25,173,283$1,616,967,943
91$1,935,195,988$76,968,388$25,806,623$1,781,088,062
92$2,132,369,400$80,523,261$26,454,567$1,961,916,275
93$2,349,647,678$84,245,500$27,117,394$2,161,155,461
94$2,589,081,304$88,143,092$27,795,389$2,380,682,134
95$2,852,929,900$92,224,407$28,488,838$2,622,564,151
96$3,143,683,566$96,498,219$29,198,030$2,889,080,224
97$3,464,086,382$100,973,724$29,923,257$3,182,741,429
98$3,817,162,320$105,660,563$30,664,812$3,506,314,900
99$4,206,243,785$110,568,839$31,422,992$3,862,849,943
100$4,635,003,083$115,709,145$32,198,094$4,255,706,820