Can I retire at age 30 with 5,300,000?

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 $5,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$437,669$433,771$429,967$426,254$422,629$412,245
2 years$216,668$212,633$208,722$204,930$201,252$190,854
3 years$143,010$138,958$135,057$131,301$127,683$117,596
4 years$106,189$102,149$98,287$94,595$91,064$81,367
5 years$84,102$80,086$76,275$72,658$69,226$59,944
6 years$69,382$65,396$61,641$58,105$54,776$45,920
7 years$58,872$54,920$51,224$47,771$44,547$36,118
8 years$50,993$47,076$43,442$40,074$36,956$28,950
9 years$44,868$40,988$37,417$34,134$31,123$23,532
10 years$39,971$36,129$32,621$29,424$26,518$19,335
11 years$35,967$32,164$28,719$25,608$22,806$16,020
12 years$32,632$28,868$25,487$22,461$19,764$13,363
13 years$29,813$26,089$22,771$19,830$17,234$11,207
14 years$27,399$23,714$20,460$17,603$15,107$9,440
15 years$25,308$21,663$18,473$15,699$13,302$7,980
16 years$23,481$19,875$16,748$14,057$11,756$6,766
17 years$21,870$18,304$15,240$12,630$10,424$5,752
18 years$20,440$16,914$13,912$11,382$9,268$4,899
19 years$19,162$15,676$12,736$10,285$8,261$4,181
20 years$18,013$14,567$11,688$9,315$7,379$3,573
21 years$16,975$13,568$10,751$8,454$6,603$3,057
22 years$16,032$12,666$9,909$7,686$5,919$2,619
23 years$15,173$11,846$9,149$7,000$5,313$2,245
24 years$14,387$11,099$8,461$6,384$4,776$1,927
25 years$13,664$10,416$7,837$5,831$4,297$1,654
26 years$12,998$9,789$7,268$5,331$3,871$1,421
27 years$12,383$9,213$6,749$4,880$3,490$1,221
28 years$11,813$8,681$6,274$4,471$3,149$1,050
29 years$11,282$8,190$5,839$4,100$2,843$903
30 years$10,789$7,734$5,439$3,763$2,569$777
31 years$10,327$7,311$5,070$3,456$2,323$669
32 years$9,896$6,918$4,731$3,176$2,101$576
33 years$9,492$6,551$4,417$2,921$1,902$496
34 years$9,112$6,209$4,127$2,687$1,722$427
35 years$8,754$5,889$3,858$2,474$1,559$368
36 years$8,418$5,590$3,610$2,278$1,413$317
37 years$8,100$5,309$3,378$2,099$1,281$273
38 years$7,800$5,046$3,164$1,935$1,161$235
39 years$7,515$4,798$2,964$1,784$1,053$203
40 years$7,246$4,565$2,778$1,645$955$175
41 years$6,990$4,345$2,605$1,518$866$150
42 years$6,748$4,138$2,444$1,401$786$130
43 years$6,517$3,943$2,293$1,293$713$112
44 years$6,297$3,758$2,152$1,194$648$96
45 years$6,088$3,584$2,021$1,103$588$83
46 years$5,888$3,419$1,898$1,019$534$72
47 years$5,698$3,263$1,783$941$485$62
48 years$5,515$3,115$1,676$870$440$53
49 years$5,341$2,974$1,575$804$400$46
50 years$5,175$2,841$1,481$743$363$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $5,300,000, adding $5,649 every year, while hoping to spend $52,498 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: 62/29/9 Blend
29$5,300,000$5,300,000$5,300,000$5,300,000
30$5,846,427$5,565,527$5,483,377$6,197,169
31$6,386,905$5,782,380$5,611,213$6,649,268
32$6,980,752$6,008,100$5,741,571$7,135,942
33$7,633,357$6,243,065$5,874,482$7,665,815
34$8,350,656$6,487,671$6,009,973$8,243,067
35$9,139,187$6,742,332$6,148,072$8,872,294
36$10,006,158$7,007,479$6,288,806$9,558,554
37$10,959,504$7,283,564$6,432,199$10,307,409
38$12,007,972$7,571,058$6,578,277$11,124,981
39$13,161,198$7,870,452$6,727,062$12,018,005
40$14,429,798$8,182,262$6,878,576$12,993,894
41$15,825,470$8,507,025$7,032,840$14,060,804
42$17,361,100$8,845,302$7,189,873$15,227,715
43$19,050,890$9,197,679$7,349,691$16,504,509
44$20,910,486$9,564,770$7,512,311$17,902,063
45$22,957,127$9,947,216$7,677,745$19,432,353
46$25,209,809$10,345,685$7,846,005$21,108,564
47$27,689,463$10,760,877$8,017,099$22,945,208
48$30,419,152$11,193,523$8,191,036$24,958,267
49$33,424,288$11,644,388$8,367,818$27,165,337
50$36,732,873$12,114,271$8,547,447$29,585,794
51$40,375,762$12,604,006$8,729,923$32,240,971
52$44,386,954$13,114,467$8,915,239$35,154,366
53$48,803,912$13,646,565$9,103,389$38,351,850
54$53,667,919$14,201,255$9,294,361$41,861,920
55$59,024,465$14,779,534$9,488,139$45,715,958
56$64,923,674$15,382,444$9,684,706$49,948,526
57$71,420,782$16,011,077$9,884,036$54,597,695
58$78,576,654$16,666,572$10,086,104$59,705,393
59$86,458,359$17,350,121$10,290,876$65,317,807
60$95,139,806$18,062,972$10,498,314$71,485,807
61$104,702,436$18,806,426$10,708,377$78,265,431
62$115,235,992$19,581,849$10,921,015$85,718,407
63$126,839,369$20,390,665$11,136,175$93,912,731
64$139,621,543$21,234,367$11,353,795$102,923,311
65$153,702,603$22,114,513$11,573,810$112,832,662
66$169,214,880$23,032,736$11,796,145$123,731,690
67$186,304,200$23,990,742$12,020,718$135,720,540
68$205,131,257$24,990,317$12,247,440$148,909,540
69$225,873,130$26,033,328$12,476,214$163,420,237
70$248,724,957$27,121,728$12,706,935$179,386,542
71$273,901,772$28,257,563$12,939,487$196,955,987
72$301,640,539$29,442,969$13,173,746$216,291,113
73$332,202,385$30,680,186$13,409,577$237,571,003
74$365,875,066$31,971,553$13,646,836$260,992,962
75$402,975,684$33,319,520$13,885,366$286,774,378
76$443,853,678$34,726,650$14,125,000$315,154,765
77$488,894,123$36,195,626$14,365,557$346,398,023
78$538,521,365$37,729,254$14,606,845$380,794,918
79$593,203,028$39,330,470$14,848,658$418,665,824
80$653,454,424$41,002,350$15,090,775$460,363,737
81$719,843,419$42,748,109$15,332,960$506,277,606
82$792,995,796$44,571,115$15,574,963$556,835,990
83$873,601,159$46,474,891$15,816,515$612,511,103
84$962,419,442$48,463,126$16,057,333$673,823,257
85$1,060,288,086$50,539,680$16,297,114$741,345,773
86$1,168,129,939$52,708,593$16,535,537$815,710,379
87$1,286,961,975$54,974,096$16,772,259$897,613,166
88$1,417,904,886$57,340,616$17,006,919$987,821,150
89$1,562,193,666$59,812,788$17,239,133$1,087,179,505
90$1,721,189,270$62,395,465$17,468,494$1,196,619,527
91$1,896,391,460$65,093,726$17,694,572$1,317,167,420
92$2,089,452,960$67,912,890$17,916,912$1,449,953,969
93$2,302,195,065$70,858,525$18,135,032$1,596,225,203
94$2,536,624,828$73,936,460$18,348,422$1,757,354,151
95$2,794,954,013$77,152,798$18,556,546$1,934,853,782
96$3,079,619,967$80,513,931$18,758,836$2,130,391,286
97$3,393,308,640$84,026,549$18,954,693$2,345,803,789
98$3,738,979,931$87,697,660$19,143,485$2,583,115,687
99$4,119,895,639$91,534,600$19,324,547$2,844,557,744
100$4,539,650,252$95,545,053$19,497,176$3,132,588,129