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%15.6%
1 years$445,927$441,955$438,080$434,297$430,604$420,707
2 years$220,756$216,645$212,660$208,797$205,049$195,133
3 years$145,709$141,580$137,605$133,778$130,092$120,466
4 years$108,192$104,076$100,141$96,380$92,783$83,521
5 years$85,689$81,597$77,714$74,029$70,532$61,661
6 years$70,691$66,630$62,804$59,201$55,809$47,338
7 years$59,983$55,956$52,191$48,673$45,388$37,317
8 years$51,955$47,964$44,262$40,830$37,654$29,981
9 years$45,714$41,762$38,123$34,778$31,710$24,429
10 years$40,725$36,811$33,236$29,979$27,018$20,122
11 years$36,645$32,771$29,261$26,091$23,237$16,715
12 years$33,248$29,413$25,968$22,885$20,136$13,979
13 years$30,376$26,581$23,201$20,204$17,559$11,754
14 years$27,916$24,161$20,846$17,935$15,392$9,928
15 years$25,786$22,072$18,821$15,995$13,553$8,417
16 years$23,924$20,250$17,064$14,322$11,978$7,157
17 years$22,283$18,650$15,528$12,868$10,620$6,101
18 years$20,826$17,233$14,175$11,597$9,443$5,213
19 years$19,523$15,972$12,976$10,479$8,417$4,461
20 years$18,353$14,842$11,909$9,490$7,518$3,824
21 years$17,295$13,824$10,954$8,613$6,728$3,282
22 years$16,335$12,905$10,096$7,831$6,031$2,820
23 years$15,459$12,069$9,322$7,132$5,413$2,426
24 years$14,658$11,308$8,621$6,505$4,866$2,088
25 years$13,922$10,612$7,985$5,941$4,378$1,798
26 years$13,244$9,974$7,405$5,432$3,944$1,550
27 years$12,617$9,386$6,877$4,972$3,556$1,337
28 years$12,035$8,845$6,393$4,555$3,208$1,153
29 years$11,495$8,344$5,949$4,177$2,897$995
30 years$10,992$7,880$5,541$3,834$2,618$859
31 years$10,522$7,449$5,166$3,521$2,367$742
32 years$10,083$7,049$4,820$3,236$2,141$641
33 years$9,671$6,675$4,500$2,976$1,937$554
34 years$9,284$6,326$4,205$2,738$1,754$478
35 years$8,920$6,001$3,931$2,520$1,589$413
36 years$8,576$5,695$3,678$2,321$1,440$357
37 years$8,253$5,409$3,442$2,139$1,305$309
38 years$7,947$5,141$3,223$1,971$1,183$267
39 years$7,657$4,888$3,020$1,818$1,073$231
40 years$7,383$4,651$2,831$1,676$973$200
41 years$7,122$4,427$2,654$1,547$883$173
42 years$6,875$4,216$2,490$1,427$801$149
43 years$6,640$4,017$2,336$1,318$727$129
44 years$6,416$3,829$2,193$1,217$660$112
45 years$6,203$3,652$2,059$1,124$599$97
46 years$5,999$3,484$1,934$1,038$544$83
47 years$5,805$3,324$1,817$959$494$72
48 years$5,619$3,174$1,707$886$448$62
49 years$5,442$3,031$1,605$819$407$54
50 years$5,272$2,895$1,509$757$370$47

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 $3,116 every year, while hoping to spend $26,211 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: 27/43/30 Blend
29$5,400,000$5,400,000$5,400,000$5,400,000
30$5,954,014$5,667,814$5,584,114$6,059,304
31$6,533,435$5,917,649$5,743,294$6,395,576
32$7,171,079$6,178,847$5,906,927$6,753,905
33$7,872,856$6,451,937$6,075,136$7,138,102
34$8,645,280$6,737,475$6,248,046$7,550,391
35$9,495,526$7,036,039$6,425,784$7,993,211
36$10,431,504$7,348,239$6,608,481$8,469,230
37$11,461,925$7,674,710$6,796,273$8,981,368
38$12,596,391$8,016,121$6,989,298$9,532,826
39$13,845,481$8,373,169$7,187,698$10,127,112
40$15,220,853$8,746,587$7,391,618$10,768,069
41$16,735,351$9,137,140$7,601,208$11,459,912
42$18,403,130$9,545,633$7,816,622$12,207,261
43$20,239,787$9,972,907$8,038,016$13,015,186
44$22,262,508$10,419,842$8,265,552$13,889,248
45$24,490,232$10,887,363$8,499,397$14,835,550
46$26,943,827$11,376,436$8,739,719$15,860,790
47$29,646,291$11,888,074$8,986,692$16,972,322
48$32,622,963$12,423,340$9,240,497$18,178,220
49$35,901,767$12,983,346$9,501,315$19,487,351
50$39,513,474$13,569,256$9,769,336$20,909,455
51$43,491,992$14,182,293$10,044,752$22,455,231
52$47,874,684$14,823,735$10,327,761$24,136,436
53$52,702,727$15,494,923$10,618,565$25,965,987
54$58,021,491$16,197,260$10,917,374$27,958,083
55$63,880,977$16,932,220$11,224,400$30,128,331
56$70,336,282$17,701,343$11,539,862$32,493,889
57$77,448,120$18,506,246$11,863,984$35,073,618
58$85,283,397$19,348,622$12,196,997$37,888,263
59$93,915,844$20,230,244$12,539,137$40,960,634
60$103,426,706$21,152,973$12,890,644$44,315,819
61$113,905,517$22,118,756$13,251,768$47,981,413
62$125,450,940$23,129,634$13,622,762$51,987,773
63$138,171,698$24,187,748$14,003,886$56,368,293
64$152,187,603$25,295,340$14,395,408$61,159,717
65$167,630,686$26,454,759$14,797,602$66,402,475
66$184,646,441$27,668,468$15,210,747$72,141,054
67$203,395,203$28,939,047$15,635,132$78,424,414
68$224,053,655$30,269,202$16,071,050$85,306,436
69$246,816,502$31,661,767$16,518,804$92,846,426
70$271,898,304$33,119,713$16,978,703$101,109,661
71$299,535,506$34,646,153$17,451,065$110,167,994
72$329,988,665$36,244,352$17,936,213$120,100,524
73$363,544,912$37,917,729$18,434,480$130,994,332
74$400,520,666$39,669,870$18,946,207$142,945,287
75$441,264,613$41,504,533$19,471,744$156,058,940
76$486,161,003$43,425,655$20,011,448$170,451,510
77$535,633,279$45,437,366$20,565,685$186,250,962
78$590,148,068$47,543,991$21,134,830$203,598,206
79$650,219,592$49,750,068$21,719,267$222,648,408
80$716,414,519$52,060,349$22,319,391$243,572,442
81$789,357,312$54,479,819$22,935,603$266,558,483
82$869,736,129$57,013,701$23,568,317$291,813,771
83$958,309,313$59,667,471$24,217,954$319,566,542
84$1,055,912,554$62,446,869$24,884,947$350,068,173
85$1,163,466,781$65,357,911$25,569,739$383,595,528
86$1,281,986,849$68,406,906$26,272,782$420,453,553
87$1,412,591,128$71,600,465$26,994,541$460,978,134
88$1,556,512,055$74,945,519$27,735,489$505,539,244
89$1,715,107,770$78,449,335$28,496,114$554,544,413
90$1,889,874,940$82,119,530$29,276,911$608,442,548
91$2,082,462,885$85,964,088$30,078,389$667,728,150
92$2,294,689,154$89,991,383$30,901,069$732,945,949
93$2,528,556,675$94,210,188$31,745,483$804,696,021
94$2,786,272,675$98,629,706$32,612,175$883,639,422
95$3,070,269,508$103,259,582$33,501,703$970,504,399
96$3,383,227,624$108,109,928$34,414,637$1,066,093,232
97$3,728,100,873$113,191,346$35,351,558$1,171,289,773
98$4,108,144,390$118,514,949$36,313,063$1,287,067,753
99$4,526,945,328$124,092,393$37,299,761$1,414,499,939
100$4,988,456,724$129,935,892$38,312,276$1,554,768,222