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%17.8%
1 years$437,669$433,771$429,967$426,254$422,629$409,265
2 years$216,668$212,633$208,722$204,930$201,252$187,908
3 years$143,010$138,958$135,057$131,301$127,683$114,779
4 years$106,189$102,149$98,287$94,595$91,064$78,699
5 years$84,102$80,086$76,275$72,658$69,226$57,432
6 years$69,382$65,396$61,641$58,105$54,776$43,564
7 years$58,872$54,920$51,224$47,771$44,547$33,917
8 years$50,993$47,076$43,442$40,074$36,956$26,900
9 years$44,868$40,988$37,417$34,134$31,123$21,628
10 years$39,971$36,129$32,621$29,424$26,518$17,572
11 years$35,967$32,164$28,719$25,608$22,806$14,392
12 years$32,632$28,868$25,487$22,461$19,764$11,863
13 years$29,813$26,089$22,771$19,830$17,234$9,829
14 years$27,399$23,714$20,460$17,603$15,107$8,177
15 years$25,308$21,663$18,473$15,699$13,302$6,826
16 years$23,481$19,875$16,748$14,057$11,756$5,713
17 years$21,870$18,304$15,240$12,630$10,424$4,793
18 years$20,440$16,914$13,912$11,382$9,268$4,029
19 years$19,162$15,676$12,736$10,285$8,261$3,392
20 years$18,013$14,567$11,688$9,315$7,379$2,859
21 years$16,975$13,568$10,751$8,454$6,603$2,413
22 years$16,032$12,666$9,909$7,686$5,919$2,038
23 years$15,173$11,846$9,149$7,000$5,313$1,723
24 years$14,387$11,099$8,461$6,384$4,776$1,457
25 years$13,664$10,416$7,837$5,831$4,297$1,233
26 years$12,998$9,789$7,268$5,331$3,871$1,044
27 years$12,383$9,213$6,749$4,880$3,490$885
28 years$11,813$8,681$6,274$4,471$3,149$750
29 years$11,282$8,190$5,839$4,100$2,843$635
30 years$10,789$7,734$5,439$3,763$2,569$539
31 years$10,327$7,311$5,070$3,456$2,323$457
32 years$9,896$6,918$4,731$3,176$2,101$387
33 years$9,492$6,551$4,417$2,921$1,902$329
34 years$9,112$6,209$4,127$2,687$1,722$279
35 years$8,754$5,889$3,858$2,474$1,559$236
36 years$8,418$5,590$3,610$2,278$1,413$201
37 years$8,100$5,309$3,378$2,099$1,281$170
38 years$7,800$5,046$3,164$1,935$1,161$144
39 years$7,515$4,798$2,964$1,784$1,053$123
40 years$7,246$4,565$2,778$1,645$955$104
41 years$6,990$4,345$2,605$1,518$866$88
42 years$6,748$4,138$2,444$1,401$786$75
43 years$6,517$3,943$2,293$1,293$713$64
44 years$6,297$3,758$2,152$1,194$648$54
45 years$6,088$3,584$2,021$1,103$588$46
46 years$5,888$3,419$1,898$1,019$534$39
47 years$5,698$3,263$1,783$941$485$33
48 years$5,515$3,115$1,676$870$440$28
49 years$5,341$2,974$1,575$804$400$24
50 years$5,175$2,841$1,481$743$363$20

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 $2,417 every year, while hoping to spend $57,078 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: 62/27/11 Blend
29$5,300,000$5,300,000$5,300,000$5,300,000
30$5,843,093$5,562,193$5,480,043$6,190,414
31$6,378,358$5,774,010$5,602,894$6,635,155
32$6,966,307$5,994,293$5,727,947$7,113,626
33$7,612,254$6,223,397$5,855,217$7,634,478
34$8,322,051$6,461,691$5,984,714$8,201,818
35$9,102,149$6,709,562$6,116,450$8,820,161
36$9,959,650$6,967,413$6,250,434$9,494,477
37$10,902,383$7,235,665$6,386,672$10,230,234
38$11,938,971$7,514,756$6,525,170$11,033,449
39$13,078,913$7,805,147$6,665,931$11,910,743
40$14,332,678$8,107,315$6,808,955$12,869,405
41$15,711,798$8,421,760$6,954,242$13,917,455
42$17,228,979$8,749,005$7,101,787$15,063,722
43$18,898,223$9,089,593$7,251,585$16,317,926
44$20,734,953$9,444,095$7,403,624$17,690,767
45$22,756,167$9,813,105$7,557,895$19,194,023
46$24,980,592$10,197,243$7,714,380$20,840,665
47$27,428,862$10,597,157$7,873,061$22,644,973
48$30,123,713$11,013,525$8,033,916$24,622,670
49$33,090,199$11,447,054$8,196,919$26,791,070
50$36,355,922$11,898,483$8,362,038$29,169,241
51$39,951,300$12,368,583$8,529,241$31,778,179
52$43,909,850$12,858,161$8,698,488$34,641,007
53$48,268,503$13,368,059$8,869,736$37,783,194
54$53,067,954$13,899,157$9,042,935$41,232,788
55$58,353,045$14,452,376$9,218,033$45,020,680
56$64,173,188$15,028,674$9,394,970$49,180,897
57$70,582,832$15,629,058$9,573,680$53,750,919
58$77,641,974$16,254,576$9,754,092$58,772,026
59$85,416,730$16,906,324$9,936,128$64,289,694
60$93,979,952$17,585,450$10,119,704$70,354,014
61$103,411,920$18,293,150$10,304,727$77,020,165
62$113,801,098$19,030,676$10,491,098$84,348,933
63$125,244,969$19,799,338$10,678,709$92,407,281
64$137,850,954$20,600,504$10,867,443$101,268,978
65$151,737,426$21,435,603$11,057,177$111,015,293
66$167,034,826$22,306,131$11,247,776$121,735,757
67$183,886,898$23,213,650$11,439,095$133,529,007
68$202,452,037$24,159,795$11,630,981$146,503,713
69$222,904,795$25,146,275$11,823,268$160,779,598
70$245,437,517$26,174,875$12,015,781$176,488,570
71$270,262,164$27,247,465$12,208,330$193,775,956
72$297,612,312$28,365,997$12,400,716$212,801,873
73$327,745,351$29,532,514$12,592,723$233,742,739
74$360,944,923$30,749,154$12,784,126$256,792,927
75$397,523,592$32,018,149$12,974,681$282,166,600
76$437,825,797$33,341,837$13,164,131$310,099,724
77$482,231,103$34,722,662$13,352,204$340,852,297
78$531,157,783$36,163,180$13,538,611$374,710,790
79$585,066,767$37,666,066$13,723,044$411,990,852
80$644,465,990$39,234,116$13,905,179$453,040,282
81$709,915,189$40,870,256$14,084,671$498,242,303
82$782,031,188$42,577,548$14,261,157$548,019,181
83$861,493,715$44,359,193$14,434,251$602,836,197
84$949,051,823$46,218,543$14,603,548$663,206,038
85$1,045,530,959$48,159,102$14,768,617$729,693,627
86$1,151,840,756$50,184,537$14,929,005$802,921,449
87$1,268,983,620$52,298,687$15,084,234$883,575,422
88$1,398,064,193$54,505,565$15,233,799$972,411,360
89$1,540,299,777$56,809,375$15,377,168$1,070,262,106
90$1,697,031,832$59,214,511$15,513,780$1,178,045,379
91$1,869,738,632$61,725,576$15,643,046$1,296,772,434
92$2,060,049,227$64,347,384$15,764,342$1,427,557,595
93$2,269,758,817$67,084,974$15,877,016$1,571,628,769
94$2,500,845,699$69,943,620$15,980,378$1,730,339,024
95$2,755,489,944$72,928,842$16,073,705$1,905,179,354
96$3,036,093,978$76,046,415$16,156,234$2,097,792,743
97$3,345,305,263$79,302,388$16,227,167$2,309,989,665
98$3,686,041,283$82,703,089$16,285,661$2,543,765,162
99$4,061,517,097$86,255,143$16,330,833$2,801,317,665
100$4,475,275,681$89,965,485$16,361,756$3,085,069,739