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%14.1%
1 years$437,669$433,771$429,967$426,254$422,629$415,457
2 years$216,668$212,633$208,722$204,930$201,252$194,048
3 years$143,010$138,958$135,057$131,301$127,683$120,671
4 years$106,189$102,149$98,287$94,595$91,064$84,300
5 years$84,102$80,086$76,275$72,658$69,226$62,727
6 years$69,382$65,396$61,641$58,105$54,776$48,551
7 years$58,872$54,920$51,224$47,771$44,547$38,598
8 years$50,993$47,076$43,442$40,074$36,956$31,281
9 years$44,868$40,988$37,417$34,134$31,123$25,719
10 years$39,971$36,129$32,621$29,424$26,518$21,380
11 years$35,967$32,164$28,719$25,608$22,806$17,930
12 years$32,632$28,868$25,487$22,461$19,764$15,141
13 years$29,813$26,089$22,771$19,830$17,234$12,859
14 years$27,399$23,714$20,460$17,603$15,107$10,973
15 years$25,308$21,663$18,473$15,699$13,302$9,399
16 years$23,481$19,875$16,748$14,057$11,756$8,077
17 years$21,870$18,304$15,240$12,630$10,424$6,961
18 years$20,440$16,914$13,912$11,382$9,268$6,012
19 years$19,162$15,676$12,736$10,285$8,261$5,203
20 years$18,013$14,567$11,688$9,315$7,379$4,511
21 years$16,975$13,568$10,751$8,454$6,603$3,916
22 years$16,032$12,666$9,909$7,686$5,919$3,404
23 years$15,173$11,846$9,149$7,000$5,313$2,962
24 years$14,387$11,099$8,461$6,384$4,776$2,580
25 years$13,664$10,416$7,837$5,831$4,297$2,249
26 years$12,998$9,789$7,268$5,331$3,871$1,962
27 years$12,383$9,213$6,749$4,880$3,490$1,712
28 years$11,813$8,681$6,274$4,471$3,149$1,495
29 years$11,282$8,190$5,839$4,100$2,843$1,306
30 years$10,789$7,734$5,439$3,763$2,569$1,142
31 years$10,327$7,311$5,070$3,456$2,323$998
32 years$9,896$6,918$4,731$3,176$2,101$873
33 years$9,492$6,551$4,417$2,921$1,902$764
34 years$9,112$6,209$4,127$2,687$1,722$668
35 years$8,754$5,889$3,858$2,474$1,559$585
36 years$8,418$5,590$3,610$2,278$1,413$512
37 years$8,100$5,309$3,378$2,099$1,281$448
38 years$7,800$5,046$3,164$1,935$1,161$392
39 years$7,515$4,798$2,964$1,784$1,053$344
40 years$7,246$4,565$2,778$1,645$955$301
41 years$6,990$4,345$2,605$1,518$866$264
42 years$6,748$4,138$2,444$1,401$786$231
43 years$6,517$3,943$2,293$1,293$713$202
44 years$6,297$3,758$2,152$1,194$648$177
45 years$6,088$3,584$2,021$1,103$588$155
46 years$5,888$3,419$1,898$1,019$534$136
47 years$5,698$3,263$1,783$941$485$119
48 years$5,515$3,115$1,676$870$440$104
49 years$5,341$2,974$1,575$804$400$92
50 years$5,175$2,841$1,481$743$363$80

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 $4,325 every year, while hoping to spend $59,341 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$5,845,061$5,564,161$5,482,011$6,195,803
31$6,378,119$5,773,667$5,602,520$6,640,392
32$6,963,560$5,991,449$5,725,077$7,118,200
33$7,606,664$6,217,852$5,849,689$7,638,224
34$8,313,249$6,453,231$5,976,359$8,204,549
35$9,089,723$6,697,962$6,105,089$8,821,666
36$9,943,146$6,952,433$6,235,880$9,494,518
37$10,881,295$7,217,051$6,368,731$10,228,542
38$11,912,740$7,492,239$6,503,636$11,029,722
39$13,046,921$7,778,440$6,640,589$11,904,643
40$14,294,239$8,076,116$6,779,582$12,860,550
41$15,666,155$8,385,749$6,920,601$13,905,420
42$17,175,295$8,707,843$7,063,633$15,048,031
43$18,835,569$9,042,921$7,208,658$16,298,045
44$20,662,305$9,391,532$7,355,657$17,666,101
45$22,672,392$9,754,249$7,504,603$19,163,909
46$24,884,437$10,131,669$7,655,469$20,804,361
47$27,318,945$10,524,416$7,808,222$22,601,655
48$29,998,505$10,933,140$7,962,825$24,571,419
49$32,948,011$11,358,522$8,119,238$26,730,865
50$36,194,891$11,801,272$8,277,415$29,098,944
51$39,769,367$12,262,132$8,437,306$31,696,528
52$43,704,741$12,741,876$8,598,855$34,546,600
53$48,037,709$13,241,312$8,762,001$37,674,473
54$52,808,705$13,761,286$8,926,678$41,108,024
55$58,062,284$14,302,680$9,092,812$44,877,956
56$63,847,541$14,866,415$9,260,325$49,018,087
57$70,218,576$15,453,455$9,429,132$53,565,665
58$77,235,002$16,064,806$9,599,139$58,561,719
59$84,962,509$16,701,518$9,770,247$64,051,440
60$93,473,481$17,364,689$9,942,346$70,084,609
61$102,847,684$18,055,466$10,115,323$76,716,064
62$113,173,013$18,775,049$10,289,051$84,006,211
63$124,546,323$19,524,689$10,463,397$92,021,595
64$137,074,346$20,305,697$10,638,219$100,835,524
65$150,874,692$21,119,439$10,813,362$110,528,757
66$166,076,964$21,967,345$10,988,663$121,190,264
67$182,823,980$22,850,910$11,163,949$132,918,062
68$201,273,117$23,771,695$11,339,032$145,820,137
69$221,597,800$24,731,333$11,513,714$160,015,457
70$243,989,137$25,731,531$11,687,786$175,635,096
71$268,657,725$26,774,071$11,861,022$192,823,463
72$295,835,632$27,860,820$12,033,185$211,739,663
73$325,778,592$28,993,726$12,204,023$232,558,994
74$358,768,417$30,174,827$12,373,267$255,474,596
75$395,115,658$31,406,256$12,540,633$280,699,272
76$435,162,532$32,690,240$12,705,822$308,467,491
77$479,286,157$34,029,108$12,868,514$339,037,593
78$527,902,109$35,425,299$13,028,373$372,694,227
79$581,468,345$36,881,359$13,185,043$409,751,029
80$640,489,523$38,399,952$13,338,150$450,553,581
81$705,521,771$39,983,866$13,487,294$495,482,660
82$777,177,931$41,636,015$13,632,058$544,957,835
83$856,133,347$43,359,447$13,771,998$599,441,413
84$943,132,238$45,157,349$13,906,650$659,442,803
85$1,038,994,724$47,033,058$14,035,521$725,523,313
86$1,144,624,569$48,990,061$14,158,094$798,301,443
87$1,261,017,708$51,032,007$14,273,824$878,458,718
88$1,389,271,653$53,162,713$14,382,135$966,746,108
89$1,530,595,849$55,386,174$14,482,424$1,063,991,117
90$1,686,323,095$57,706,566$14,574,055$1,171,105,577
91$1,857,922,125$60,128,261$14,656,359$1,289,094,255
92$2,047,011,468$62,655,833$14,728,634$1,419,064,322
93$2,255,374,735$65,294,066$14,790,141$1,562,235,800
94$2,484,977,451$68,047,968$14,840,103$1,719,953,066
95$2,737,985,610$70,922,778$14,877,706$1,893,697,533
96$3,016,786,126$73,923,977$14,902,092$2,085,101,626
97$3,324,009,363$77,057,304$14,912,365$2,295,964,176
98$3,662,553,968$80,328,762$14,907,579$2,528,267,397
99$4,035,614,236$83,744,635$14,886,746$2,784,195,577
100$4,446,710,263$87,311,498$14,848,828$3,066,155,694