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

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 $5,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$437,669$433,771$429,967$426,254$422,629$417,695
2 years$216,668$212,633$208,722$204,930$201,252$196,285
3 years$143,010$138,958$135,057$131,301$127,683$122,838
4 years$106,189$102,149$98,287$94,595$91,064$86,378
5 years$84,102$80,086$76,275$72,658$69,226$64,713
6 years$69,382$65,396$61,641$58,105$54,776$50,441
7 years$58,872$54,920$51,224$47,771$44,547$40,393
8 years$50,993$47,076$43,442$40,074$36,956$32,982
9 years$44,868$40,988$37,417$34,134$31,123$27,326
10 years$39,971$36,129$32,621$29,424$26,518$22,898
11 years$35,967$32,164$28,719$25,608$22,806$19,358
12 years$32,632$28,868$25,487$22,461$19,764$16,484
13 years$29,813$26,089$22,771$19,830$17,234$14,120
14 years$27,399$23,714$20,460$17,603$15,107$12,153
15 years$25,308$21,663$18,473$15,699$13,302$10,503
16 years$23,481$19,875$16,748$14,057$11,756$9,108
17 years$21,870$18,304$15,240$12,630$10,424$7,922
18 years$20,440$16,914$13,912$11,382$9,268$6,907
19 years$19,162$15,676$12,736$10,285$8,261$6,034
20 years$18,013$14,567$11,688$9,315$7,379$5,282
21 years$16,975$13,568$10,751$8,454$6,603$4,631
22 years$16,032$12,666$9,909$7,686$5,919$4,065
23 years$15,173$11,846$9,149$7,000$5,313$3,573
24 years$14,387$11,099$8,461$6,384$4,776$3,144
25 years$13,664$10,416$7,837$5,831$4,297$2,769
26 years$12,998$9,789$7,268$5,331$3,871$2,440
27 years$12,383$9,213$6,749$4,880$3,490$2,152
28 years$11,813$8,681$6,274$4,471$3,149$1,899
29 years$11,282$8,190$5,839$4,100$2,843$1,677
30 years$10,789$7,734$5,439$3,763$2,569$1,481
31 years$10,327$7,311$5,070$3,456$2,323$1,309
32 years$9,896$6,918$4,731$3,176$2,101$1,157
33 years$9,492$6,551$4,417$2,921$1,902$1,024
34 years$9,112$6,209$4,127$2,687$1,722$905
35 years$8,754$5,889$3,858$2,474$1,559$801
36 years$8,418$5,590$3,610$2,278$1,413$709
37 years$8,100$5,309$3,378$2,099$1,281$628
38 years$7,800$5,046$3,164$1,935$1,161$556
39 years$7,515$4,798$2,964$1,784$1,053$492
40 years$7,246$4,565$2,778$1,645$955$436
41 years$6,990$4,345$2,605$1,518$866$386
42 years$6,748$4,138$2,444$1,401$786$342
43 years$6,517$3,943$2,293$1,293$713$303
44 years$6,297$3,758$2,152$1,194$648$268
45 years$6,088$3,584$2,021$1,103$588$238
46 years$5,888$3,419$1,898$1,019$534$211
47 years$5,698$3,263$1,783$941$485$187
48 years$5,515$3,115$1,676$870$440$165
49 years$5,341$2,974$1,575$804$400$147
50 years$5,175$2,841$1,481$743$363$130

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 $3,383 every year, while hoping to spend $29,835 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: 58/24/18 Blend
29$5,300,000$5,300,000$5,300,000$5,300,000
30$5,844,090$5,563,190$5,481,040$6,155,266
31$6,408,442$5,804,042$5,632,910$6,607,579
32$7,029,359$6,055,696$5,788,869$7,096,890
33$7,712,579$6,318,649$5,949,020$7,629,650
34$8,464,422$6,593,423$6,113,473$8,210,050
35$9,291,856$6,880,564$6,282,337$8,842,702
36$10,202,556$7,180,643$6,455,726$9,532,676
37$11,204,981$7,494,258$6,633,757$10,285,550
38$12,308,447$7,822,035$6,816,546$11,107,460
39$13,523,226$8,164,631$7,004,217$12,005,158
40$14,860,630$8,522,733$7,196,893$12,986,071
41$16,333,127$8,897,060$7,394,702$14,058,373
42$17,954,455$9,288,366$7,597,774$15,231,058
43$19,739,753$9,697,439$7,806,243$16,514,027
44$21,705,700$10,125,105$8,020,244$17,918,173
45$23,870,677$10,572,231$8,239,918$19,455,490
46$26,254,938$11,039,723$8,465,407$21,139,176
47$28,880,802$11,528,529$8,696,858$22,983,764
48$31,772,861$12,039,644$8,934,421$25,005,251
49$34,958,216$12,574,110$9,178,247$27,221,250
50$38,466,730$13,133,017$9,428,494$29,651,150
51$42,331,309$13,717,508$9,685,322$32,316,302
52$46,588,217$14,328,780$9,948,894$35,240,216
53$51,277,411$14,968,086$10,219,378$38,448,779
54$56,442,925$15,636,740$10,496,945$41,970,497
55$62,133,280$16,336,118$10,781,769$45,836,763
56$68,401,946$17,067,659$11,074,031$50,082,148
57$75,307,846$17,832,875$11,373,912$54,744,727
58$82,915,907$18,633,348$11,681,599$59,866,434
59$91,297,681$19,470,733$11,997,283$65,493,453
60$100,532,012$20,346,767$12,321,160$71,676,653
61$110,705,788$21,263,268$12,653,429$78,472,063
62$121,914,753$22,222,143$12,994,294$85,941,397
63$134,264,417$23,225,387$13,343,962$94,152,636
64$147,871,049$24,275,093$13,702,647$103,180,658
65$162,862,775$25,373,452$14,070,564$113,107,950
66$179,380,787$26,522,760$14,447,937$124,025,376
67$197,580,675$27,725,423$14,834,991$136,033,030
68$217,633,898$28,983,962$15,231,957$149,241,181
69$239,729,399$30,301,020$15,639,071$163,771,302
70$264,075,392$31,679,365$16,056,575$179,757,217
71$290,901,325$33,121,896$16,484,712$197,346,356
72$320,460,045$34,631,654$16,923,735$216,701,142
73$353,030,189$36,211,824$17,373,900$238,000,517
74$388,918,808$37,865,744$17,835,466$261,441,626
75$428,464,273$39,596,912$18,308,700$287,241,672
76$472,039,461$41,408,992$18,793,873$315,639,956
77$520,055,280$43,305,827$19,291,262$346,900,135
78$572,964,549$45,291,443$19,801,150$381,312,696
79$631,266,267$47,370,058$20,323,823$419,197,698
80$695,510,330$49,546,095$20,859,574$460,907,779
81$766,302,717$51,824,186$21,408,703$506,831,479
82$844,311,212$54,209,190$21,971,513$557,396,900
83$930,271,711$56,706,195$22,548,314$613,075,736
84$1,024,995,165$59,320,538$23,139,422$674,387,715
85$1,129,375,237$62,057,810$23,745,158$741,905,500
86$1,244,396,739$64,923,870$24,365,848$816,260,081
87$1,371,144,929$67,924,862$25,001,827$898,146,718
88$1,510,815,756$71,067,224$25,653,432$988,331,500
89$1,664,727,149$74,357,705$26,321,008$1,087,658,557
90$1,834,331,462$77,803,376$27,004,905$1,197,058,023
91$2,021,229,183$81,411,653$27,705,481$1,317,554,797
92$2,227,184,042$85,190,307$28,423,098$1,450,278,212
93$2,454,139,666$89,147,483$29,158,123$1,596,472,674
94$2,704,237,923$93,291,721$29,910,931$1,757,509,401
95$2,979,839,147$97,631,971$30,681,903$1,934,899,347
96$3,283,544,417$102,177,616$31,471,425$2,130,307,454
97$3,618,220,119$106,938,489$32,279,888$2,345,568,349
98$3,987,024,998$111,924,902$33,107,691$2,582,703,647
99$4,393,439,987$117,147,662$33,955,238$2,843,941,017
100$4,841,301,066$122,618,098$34,822,939$3,131,735,194