Can I retire at age 30 with 5,400,000?

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 $5,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$445,927$441,955$438,080$434,297$430,604$425,047
2 years$220,756$216,645$212,660$208,797$205,049$199,459
3 years$145,709$141,580$137,605$133,778$130,092$124,641
4 years$108,192$104,076$100,141$96,380$92,783$87,514
5 years$85,689$81,597$77,714$74,029$70,532$65,461
6 years$70,691$66,630$62,804$59,201$55,809$50,942
7 years$59,983$55,956$52,191$48,673$45,388$40,726
8 years$51,955$47,964$44,262$40,830$37,654$33,196
9 years$45,714$41,762$38,123$34,778$31,710$27,455
10 years$40,725$36,811$33,236$29,979$27,018$22,964
11 years$36,645$32,771$29,261$26,091$23,237$19,378
12 years$33,248$29,413$25,968$22,885$20,136$16,470
13 years$30,376$26,581$23,201$20,204$17,559$14,080
14 years$27,916$24,161$20,846$17,935$15,392$12,095
15 years$25,786$22,072$18,821$15,995$13,553$10,431
16 years$23,924$20,250$17,064$14,322$11,978$9,027
17 years$22,283$18,650$15,528$12,868$10,620$7,835
18 years$20,826$17,233$14,175$11,597$9,443$6,816
19 years$19,523$15,972$12,976$10,479$8,417$5,942
20 years$18,353$14,842$11,909$9,490$7,518$5,190
21 years$17,295$13,824$10,954$8,613$6,728$4,540
22 years$16,335$12,905$10,096$7,831$6,031$3,976
23 years$15,459$12,069$9,322$7,132$5,413$3,487
24 years$14,658$11,308$8,621$6,505$4,866$3,061
25 years$13,922$10,612$7,985$5,941$4,378$2,689
26 years$13,244$9,974$7,405$5,432$3,944$2,365
27 years$12,617$9,386$6,877$4,972$3,556$2,080
28 years$12,035$8,845$6,393$4,555$3,208$1,832
29 years$11,495$8,344$5,949$4,177$2,897$1,613
30 years$10,992$7,880$5,541$3,834$2,618$1,422
31 years$10,522$7,449$5,166$3,521$2,367$1,253
32 years$10,083$7,049$4,820$3,236$2,141$1,105
33 years$9,671$6,675$4,500$2,976$1,937$975
34 years$9,284$6,326$4,205$2,738$1,754$860
35 years$8,920$6,001$3,931$2,520$1,589$759
36 years$8,576$5,695$3,678$2,321$1,440$670
37 years$8,253$5,409$3,442$2,139$1,305$592
38 years$7,947$5,141$3,223$1,971$1,183$523
39 years$7,657$4,888$3,020$1,818$1,073$462
40 years$7,383$4,651$2,831$1,676$973$408
41 years$7,122$4,427$2,654$1,547$883$360
42 years$6,875$4,216$2,490$1,427$801$318
43 years$6,640$4,017$2,336$1,318$727$281
44 years$6,416$3,829$2,193$1,217$660$248
45 years$6,203$3,652$2,059$1,124$599$220
46 years$5,999$3,484$1,934$1,038$544$194
47 years$5,805$3,324$1,817$959$494$172
48 years$5,619$3,174$1,707$886$448$152
49 years$5,442$3,031$1,605$819$407$134
50 years$5,272$2,895$1,509$757$370$118

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $5,400,000, adding $5,939 every year, while hoping to spend $42,302 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: 59/17/24 Blend
29$5,400,000$5,400,000$5,400,000$5,400,000
30$5,956,926$5,670,726$5,587,026$6,269,672
31$6,519,524$5,903,583$5,729,182$6,716,162
32$7,138,088$6,146,431$5,874,683$7,197,846
33$7,818,284$6,399,717$6,023,596$7,722,312
34$8,566,351$6,663,906$6,175,989$8,293,718
35$9,389,165$6,939,483$6,331,931$8,916,638
36$10,294,301$7,226,959$6,491,491$9,596,105
37$11,290,106$7,526,866$6,654,742$10,337,659
38$12,385,774$7,839,760$6,821,754$11,147,396
39$13,591,439$8,166,225$6,992,599$12,032,025
40$14,918,265$8,506,869$7,167,350$12,998,932
41$16,378,554$8,862,330$7,346,081$14,056,248
42$17,985,858$9,233,276$7,528,867$15,212,921
43$19,755,113$9,620,404$7,715,781$16,478,807
44$21,702,774$10,024,444$7,906,900$17,864,753
45$23,846,976$10,446,161$8,102,300$19,382,704
46$26,207,698$10,886,353$8,302,057$21,045,813
47$28,806,955$11,345,856$8,506,248$22,868,561
48$31,669,008$11,825,547$8,714,951$24,866,899
49$34,820,588$12,326,340$8,928,243$27,058,389
50$38,291,152$12,849,195$9,146,203$29,462,373
51$42,113,158$13,395,113$9,368,909$32,100,154
52$46,322,371$13,965,145$9,596,439$34,995,193
53$50,958,206$14,560,390$9,828,872$38,173,330
54$56,064,090$15,181,996$10,066,287$41,663,028
55$61,687,881$15,831,168$10,308,761$45,495,637
56$67,882,314$16,509,165$10,556,374$49,705,687
57$74,705,501$17,217,305$10,809,204$54,331,217
58$82,221,478$17,956,968$11,067,328$59,414,127
59$90,500,809$18,729,600$11,330,823$65,000,574
60$99,621,253$19,536,711$11,599,767$71,141,403
61$109,668,497$20,379,886$11,874,235$77,892,630
62$120,736,965$21,260,782$12,154,304$85,315,960
63$132,930,708$22,181,134$12,440,046$93,479,374
64$146,364,388$23,142,757$12,731,536$102,457,764
65$161,164,359$24,147,555$13,028,845$112,333,641
66$177,469,856$25,197,518$13,332,044$123,197,907
67$195,434,317$26,294,732$13,641,203$135,150,711
68$215,226,822$27,441,379$13,956,388$148,302,393
69$237,033,697$28,639,745$14,277,665$162,774,523
70$261,060,265$29,892,223$14,605,098$178,701,041
71$287,532,791$31,201,321$14,938,748$196,229,521
72$316,700,612$32,569,663$15,278,673$215,522,562
73$348,838,495$33,999,996$15,624,929$236,759,314
74$384,249,226$35,495,201$15,977,568$260,137,171
75$423,266,471$37,058,290$16,336,641$285,873,626
76$466,257,926$38,692,421$16,702,194$314,208,321
77$513,628,785$40,400,901$17,074,268$345,405,307
78$565,825,568$42,187,191$17,452,902$379,755,528
79$623,340,331$44,054,918$17,838,129$417,579,567
80$686,715,317$46,007,882$18,229,979$459,230,663
81$756,548,072$48,050,061$18,628,476$505,098,044
82$833,497,083$50,185,621$19,033,638$555,610,595
83$918,287,998$52,418,930$19,445,478$611,240,899
84$1,011,720,475$54,754,558$19,864,002$672,509,694
85$1,114,675,727$57,197,295$20,289,210$739,990,783
86$1,228,124,848$59,752,159$20,721,095$814,316,446
87$1,353,137,973$62,424,406$21,159,642$896,183,396
88$1,490,894,386$65,219,541$21,604,830$986,359,358
89$1,642,693,647$68,143,332$22,056,625$1,085,690,300
90$1,809,967,866$71,201,822$22,514,989$1,195,108,421
91$1,994,295,218$74,401,342$22,979,871$1,315,640,935
92$2,197,414,846$77,748,523$23,451,212$1,448,419,766
93$2,421,243,273$81,250,313$23,928,940$1,594,692,222
94$2,667,892,501$84,913,992$24,412,974$1,755,832,764
95$2,939,689,946$88,747,188$24,903,219$1,933,355,967
96$3,239,200,412$92,757,892$25,399,568$2,128,930,814
97$3,569,250,301$96,954,476$25,901,901$2,344,396,441
98$3,932,954,299$101,345,713$26,410,082$2,581,779,486
99$4,333,744,780$105,940,795$26,923,962$2,843,313,212
100$4,775,404,208$110,749,354$27,443,375$3,131,458,579