Can I retire at age 30 with 5,500,000?

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 $5,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$454,185$450,139$446,192$442,340$438,578$433,817
2 years$224,844$220,656$216,598$212,663$208,847$204,053
3 years$148,407$144,201$140,153$136,255$132,501$127,823
4 years$110,196$106,003$101,996$98,164$94,501$89,975
5 years$87,275$83,108$79,153$75,400$71,838$67,478
6 years$72,000$67,864$63,967$60,298$56,843$52,654
7 years$61,093$56,992$53,157$49,574$46,229$42,212
8 years$52,917$48,853$45,081$41,586$38,351$34,506
9 years$46,561$42,535$38,829$35,422$32,297$28,623
10 years$41,479$37,493$33,852$30,534$27,519$24,013
11 years$37,324$33,377$29,802$26,574$23,667$20,327
12 years$33,864$29,958$26,449$23,309$20,509$17,331
13 years$30,938$27,073$23,630$20,578$17,885$14,864
14 years$28,433$24,609$21,232$18,267$15,677$12,811
15 years$26,263$22,480$19,170$16,291$13,804$11,087
16 years$24,367$20,625$17,380$14,587$12,200$9,628
17 years$22,696$18,995$15,815$13,106$10,817$8,385
18 years$21,211$17,552$14,437$11,811$9,618$7,321
19 years$19,885$16,267$13,217$10,673$8,573$6,406
20 years$18,693$15,116$12,130$9,666$7,657$5,615
21 years$17,615$14,080$11,157$8,773$6,853$4,930
22 years$16,637$13,144$10,283$7,976$6,142$4,335
23 years$15,746$12,293$9,494$7,264$5,514$3,816
24 years$14,930$11,518$8,781$6,625$4,956$3,363
25 years$14,180$10,809$8,133$6,051$4,459$2,966
26 years$13,489$10,158$7,543$5,532$4,017$2,618
27 years$12,850$9,560$7,004$5,064$3,622$2,313
28 years$12,258$9,009$6,511$4,640$3,268$2,044
29 years$11,708$8,499$6,059$4,255$2,951$1,808
30 years$11,196$8,026$5,644$3,905$2,666$1,600
31 years$10,717$7,587$5,262$3,586$2,411$1,416
32 years$10,269$7,179$4,909$3,296$2,180$1,254
33 years$9,850$6,799$4,584$3,031$1,973$1,111
34 years$9,456$6,444$4,283$2,789$1,787$984
35 years$9,085$6,112$4,004$2,567$1,618$872
36 years$8,735$5,801$3,746$2,364$1,466$773
37 years$8,405$5,510$3,506$2,178$1,329$686
38 years$8,094$5,236$3,283$2,008$1,205$608
39 years$7,799$4,979$3,076$1,851$1,092$539
40 years$7,519$4,737$2,883$1,708$991$479
41 years$7,254$4,509$2,703$1,575$899$425
42 years$7,002$4,294$2,536$1,454$816$377
43 years$6,763$4,092$2,380$1,342$740$334
44 years$6,535$3,900$2,234$1,239$672$297
45 years$6,318$3,719$2,097$1,144$610$263
46 years$6,110$3,548$1,970$1,057$554$234
47 years$5,913$3,386$1,851$977$503$208
48 years$5,724$3,232$1,739$902$457$184
49 years$5,543$3,087$1,635$834$415$164
50 years$5,370$2,949$1,537$771$377$145

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $5,500,000, adding $3,206 every year, while hoping to spend $58,947 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: 57/35/8 Blend
29$5,500,000$5,500,000$5,500,000$5,500,000
30$6,064,307$5,772,807$5,687,557$6,398,709
31$6,620,147$5,992,955$5,815,371$6,844,398
32$7,230,707$6,221,915$5,945,491$7,322,890
33$7,901,507$6,460,057$6,077,932$7,842,789
34$8,638,626$6,707,765$6,212,708$8,408,056
35$9,448,762$6,965,442$6,349,831$9,023,048
36$10,339,297$7,233,509$6,489,311$9,692,555
37$11,318,358$7,512,404$6,631,156$10,421,847
38$12,394,904$7,802,586$6,775,373$11,216,718
39$13,578,803$8,104,531$6,921,967$12,083,544
40$14,880,928$8,418,740$7,070,940$13,029,337
41$16,313,258$8,745,733$7,222,291$14,061,813
42$17,888,991$9,086,055$7,376,019$15,189,464
43$19,622,671$9,440,274$7,532,118$16,421,632
44$21,530,319$9,808,984$7,690,580$17,768,599
45$23,629,590$10,192,803$7,851,393$19,241,681
46$25,939,938$10,592,379$8,014,544$20,853,334
47$28,482,795$11,008,389$8,180,015$22,617,269
48$31,281,778$11,441,538$8,347,783$24,548,577
49$34,362,910$11,892,565$8,517,825$26,663,874
50$37,754,865$12,362,239$8,690,110$28,981,451
51$41,489,239$12,851,365$8,864,606$31,521,448
52$45,600,844$13,360,785$9,041,273$34,306,039
53$50,128,044$13,891,378$9,220,070$37,359,639
54$55,113,110$14,444,060$9,400,947$40,709,136
55$60,602,620$15,019,793$9,583,853$44,384,134
56$66,647,902$15,619,577$9,768,726$48,417,237
57$73,305,512$16,244,461$9,955,503$52,844,352
58$80,637,774$16,895,539$10,144,112$57,705,022
59$88,713,363$17,573,956$10,334,475$63,042,798
60$97,607,953$18,280,907$10,526,507$68,905,647
61$107,404,935$19,017,642$10,720,116$75,346,402
62$118,196,199$19,785,467$10,915,201$82,423,254
63$130,083,006$20,585,749$11,111,654$90,200,302
64$143,176,936$21,419,915$11,309,359$98,748,149
65$157,600,950$22,289,457$11,508,188$108,144,569
66$173,490,542$23,195,936$11,708,008$118,475,234
67$190,995,023$24,140,982$11,908,672$129,834,520
68$210,278,927$25,126,302$12,110,023$142,326,389
69$231,523,564$26,153,678$12,311,897$156,065,373
70$254,928,735$27,224,975$12,514,113$171,177,644
71$280,714,611$28,342,144$12,716,480$187,802,201
72$309,123,816$29,507,223$12,918,796$206,092,178
73$340,423,713$30,722,345$13,120,844$226,216,282
74$374,908,932$31,989,740$13,322,392$248,360,382
75$412,904,145$33,311,740$13,523,195$272,729,254
76$454,767,138$34,690,785$13,722,992$299,548,513
77$500,892,179$36,129,426$13,921,505$329,066,729
78$551,713,746$37,630,333$14,118,441$361,557,770
79$607,710,626$39,196,297$14,313,486$397,323,382
80$669,410,433$40,830,239$14,506,311$436,696,026
81$737,394,590$42,535,214$14,696,565$480,042,010
82$812,303,817$44,314,417$14,883,878$527,764,939
83$894,844,176$46,171,194$15,067,858$580,309,517
84$985,793,741$48,109,041$15,248,091$638,165,731
85$1,086,009,938$50,131,620$15,424,138$701,873,476
86$1,196,437,643$52,242,761$15,595,537$772,027,633
87$1,318,118,096$54,446,470$15,761,801$849,283,680
88$1,452,198,736$56,746,940$15,922,416$934,363,865
89$1,599,944,028$59,148,561$16,076,837$1,028,064,018
90$1,762,747,401$61,655,923$16,224,494$1,131,261,046
91$1,942,144,405$64,273,832$16,364,783$1,244,921,204
92$2,139,827,201$67,007,317$16,497,070$1,370,109,203
93$2,357,660,541$69,861,641$16,620,688$1,507,998,244
94$2,597,699,367$72,842,312$16,734,931$1,659,881,085
95$2,862,208,212$75,955,095$16,839,062$1,827,182,226
96$3,153,682,581$79,206,026$16,932,301$2,011,471,345
97$3,474,872,502$82,601,420$17,013,831$2,214,478,099
98$3,828,808,496$86,147,888$17,082,794$2,438,108,434
99$4,218,830,180$89,852,352$17,138,284$2,684,462,567
100$4,648,617,797$93,722,056$17,179,356$2,955,854,788