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%14.8%
1 years$445,927$441,955$438,080$434,297$430,604$422,082
2 years$220,756$216,645$212,660$208,797$205,049$196,500
3 years$145,709$141,580$137,605$133,778$130,092$121,781
4 years$108,192$104,076$100,141$96,380$92,783$84,775
5 years$85,689$81,597$77,714$74,029$70,532$62,850
6 years$70,691$66,630$62,804$59,201$55,809$48,461
7 years$59,983$55,956$52,191$48,673$45,388$38,376
8 years$51,955$47,964$44,262$40,830$37,654$30,975
9 years$45,714$41,762$38,123$34,778$31,710$25,361
10 years$40,725$36,811$33,236$29,979$27,018$20,992
11 years$36,645$32,771$29,261$26,091$23,237$17,527
12 years$33,248$29,413$25,968$22,885$20,136$14,734
13 years$30,376$26,581$23,201$20,204$17,559$12,456
14 years$27,916$24,161$20,846$17,935$15,392$10,578
15 years$25,786$22,072$18,821$15,995$13,553$9,018
16 years$23,924$20,250$17,064$14,322$11,978$7,712
17 years$22,283$18,650$15,528$12,868$10,620$6,612
18 years$20,826$17,233$14,175$11,597$9,443$5,682
19 years$19,523$15,972$12,976$10,479$8,417$4,892
20 years$18,353$14,842$11,909$9,490$7,518$4,219
21 years$17,295$13,824$10,954$8,613$6,728$3,643
22 years$16,335$12,905$10,096$7,831$6,031$3,150
23 years$15,459$12,069$9,322$7,132$5,413$2,726
24 years$14,658$11,308$8,621$6,505$4,866$2,361
25 years$13,922$10,612$7,985$5,941$4,378$2,047
26 years$13,244$9,974$7,405$5,432$3,944$1,776
27 years$12,617$9,386$6,877$4,972$3,556$1,541
28 years$12,035$8,845$6,393$4,555$3,208$1,338
29 years$11,495$8,344$5,949$4,177$2,897$1,162
30 years$10,992$7,880$5,541$3,834$2,618$1,010
31 years$10,522$7,449$5,166$3,521$2,367$878
32 years$10,083$7,049$4,820$3,236$2,141$763
33 years$9,671$6,675$4,500$2,976$1,937$664
34 years$9,284$6,326$4,205$2,738$1,754$578
35 years$8,920$6,001$3,931$2,520$1,589$503
36 years$8,576$5,695$3,678$2,321$1,440$437
37 years$8,253$5,409$3,442$2,139$1,305$381
38 years$7,947$5,141$3,223$1,971$1,183$331
39 years$7,657$4,888$3,020$1,818$1,073$288
40 years$7,383$4,651$2,831$1,676$973$251
41 years$7,122$4,427$2,654$1,547$883$219
42 years$6,875$4,216$2,490$1,427$801$190
43 years$6,640$4,017$2,336$1,318$727$166
44 years$6,416$3,829$2,193$1,217$660$144
45 years$6,203$3,652$2,059$1,124$599$126
46 years$5,999$3,484$1,934$1,038$544$109
47 years$5,805$3,324$1,817$959$494$95
48 years$5,619$3,174$1,707$886$448$83
49 years$5,442$3,031$1,605$819$407$72
50 years$5,272$2,895$1,509$757$370$63

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 $2,436 every year, while hoping to spend $36,676 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: 74/14/12 Blend
29$5,400,000$5,400,000$5,400,000$5,400,000
30$5,953,313$5,667,113$5,583,413$6,379,317
31$6,521,528$5,905,778$5,731,434$6,899,680
32$7,146,471$6,154,909$5,883,185$7,464,823
33$7,833,891$6,414,980$6,038,751$8,082,997
34$8,590,120$6,686,486$6,198,222$8,759,450
35$9,422,135$6,969,946$6,361,685$9,499,960
36$10,337,624$7,265,905$6,529,233$10,310,887
37$11,345,058$7,574,930$6,700,958$11,199,234
38$12,453,769$7,897,617$6,876,955$12,172,711
39$13,674,041$8,234,588$7,057,321$13,239,807
40$15,017,206$8,586,496$7,242,154$14,409,871
41$16,495,749$8,954,022$7,431,554$15,693,198
42$18,123,427$9,337,880$7,625,622$17,101,123
43$19,915,399$9,738,819$7,824,463$18,646,132
44$21,888,368$10,157,620$8,028,182$20,341,973
45$24,060,741$10,595,102$8,236,885$22,203,791
46$26,452,799$11,052,124$8,450,682$24,248,263
47$29,086,889$11,529,583$8,669,685$26,493,760
48$31,987,637$12,028,418$8,894,005$28,960,515
49$35,182,178$12,549,613$9,123,756$31,670,817
50$38,700,415$13,094,198$9,359,057$34,649,214
51$42,575,296$13,663,253$9,600,024$37,922,749
52$46,843,129$14,257,905$9,846,778$41,521,212
53$51,543,924$14,879,338$10,099,440$45,477,419
54$56,721,767$15,528,789$10,358,135$49,827,518
55$62,425,243$16,207,554$10,622,987$54,611,335
56$68,707,885$16,916,992$10,894,125$59,872,742
57$75,628,687$17,658,523$11,171,676$65,660,072
58$83,252,658$18,433,635$11,455,772$72,026,572
59$91,651,434$19,243,889$11,746,546$79,030,907
60$100,903,956$20,090,915$12,044,131$86,737,707
61$111,097,214$20,976,424$12,348,663$95,218,180
62$122,327,067$21,902,206$12,660,281$104,550,777
63$134,699,151$22,870,137$12,979,123$114,821,934
64$148,329,870$23,882,180$13,305,329$126,126,885
65$163,347,503$24,940,392$13,639,043$138,570,555
66$179,893,405$26,046,928$13,980,408$152,268,554
67$198,123,350$27,204,045$14,329,570$167,348,261
68$218,208,994$28,414,106$14,686,673$183,950,024
69$240,339,502$29,679,588$15,051,868$202,228,486
70$264,723,328$31,003,084$15,425,301$222,354,034
71$291,590,183$32,387,311$15,807,125$244,514,415
72$321,193,207$33,835,115$16,197,489$268,916,494
73$353,811,356$35,349,477$16,596,547$295,788,211
74$389,752,034$36,933,522$17,004,451$325,380,726
75$429,353,997$38,590,519$17,421,355$357,970,789
76$472,990,548$40,323,898$17,847,414$393,863,343
77$521,073,065$42,137,250$18,282,783$433,394,405
78$574,054,879$44,034,336$18,727,617$476,934,232
79$632,435,557$46,019,100$19,182,073$524,890,807
80$696,765,618$48,095,669$19,646,306$577,713,695
81$767,651,726$50,268,372$20,120,473$635,898,272
82$845,762,422$52,541,742$20,604,728$699,990,408
83$931,834,430$54,920,529$21,099,228$770,591,602
84$1,026,679,617$57,409,710$21,604,128$848,364,666
85$1,131,192,653$60,014,500$22,119,580$934,039,972
86$1,246,359,457$62,740,364$22,645,740$1,028,422,338
87$1,373,266,507$65,593,028$23,182,758$1,132,398,628
88$1,513,111,096$68,578,491$23,730,785$1,246,946,107
89$1,667,212,632$71,703,042$24,289,971$1,373,141,671
90$1,837,025,097$74,973,268$24,860,462$1,512,172,000
91$2,024,150,772$78,396,073$25,442,402$1,665,344,752
92$2,230,355,363$81,978,693$26,035,935$1,834,100,908
93$2,457,584,671$85,728,709$26,641,200$2,020,028,360
94$2,707,982,959$89,654,068$27,258,332$2,224,876,897
95$2,983,913,199$93,763,096$27,887,464$2,450,574,716
96$3,287,979,378$98,064,519$28,528,726$2,699,246,611
97$3,623,051,077$102,567,484$29,182,242$2,973,234,033
98$3,992,290,571$107,281,575$29,848,131$3,275,117,172
99$4,399,182,675$112,216,837$30,526,508$3,607,739,317
100$4,847,567,644$117,383,799$31,217,483$3,974,233,682