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%19.9%
1 years$454,185$450,139$446,192$442,340$438,578$421,177
2 years$224,844$220,656$216,598$212,663$208,847$191,531
3 years$148,407$144,201$140,153$136,255$132,501$115,816
4 years$110,196$106,003$101,996$98,164$94,501$78,574
5 years$87,275$83,108$79,153$75,400$71,838$56,709
6 years$72,000$67,864$63,967$60,298$56,843$42,522
7 years$61,093$56,992$53,157$49,574$46,229$32,710
8 years$52,917$48,853$45,081$41,586$38,351$25,622
9 years$46,561$42,535$38,829$35,422$32,297$20,337
10 years$41,479$37,493$33,852$30,534$27,519$16,305
11 years$37,324$33,377$29,802$26,574$23,667$13,174
12 years$33,864$29,958$26,449$23,309$20,509$10,708
13 years$30,938$27,073$23,630$20,578$17,885$8,745
14 years$28,433$24,609$21,232$18,267$15,677$7,170
15 years$26,263$22,480$19,170$16,291$13,804$5,896
16 years$24,367$20,625$17,380$14,587$12,200$4,861
17 years$22,696$18,995$15,815$13,106$10,817$4,015
18 years$21,211$17,552$14,437$11,811$9,618$3,322
19 years$19,885$16,267$13,217$10,673$8,573$2,753
20 years$18,693$15,116$12,130$9,666$7,657$2,284
21 years$17,615$14,080$11,157$8,773$6,853$1,896
22 years$16,637$13,144$10,283$7,976$6,142$1,575
23 years$15,746$12,293$9,494$7,264$5,514$1,310
24 years$14,930$11,518$8,781$6,625$4,956$1,090
25 years$14,180$10,809$8,133$6,051$4,459$907
26 years$13,489$10,158$7,543$5,532$4,017$755
27 years$12,850$9,560$7,004$5,064$3,622$629
28 years$12,258$9,009$6,511$4,640$3,268$524
29 years$11,708$8,499$6,059$4,255$2,951$436
30 years$11,196$8,026$5,644$3,905$2,666$364
31 years$10,717$7,587$5,262$3,586$2,411$303
32 years$10,269$7,179$4,909$3,296$2,180$253
33 years$9,850$6,799$4,584$3,031$1,973$211
34 years$9,456$6,444$4,283$2,789$1,787$176
35 years$9,085$6,112$4,004$2,567$1,618$146
36 years$8,735$5,801$3,746$2,364$1,466$122
37 years$8,405$5,510$3,506$2,178$1,329$102
38 years$8,094$5,236$3,283$2,008$1,205$85
39 years$7,799$4,979$3,076$1,851$1,092$71
40 years$7,519$4,737$2,883$1,708$991$59
41 years$7,254$4,509$2,703$1,575$899$49
42 years$7,002$4,294$2,536$1,454$816$41
43 years$6,763$4,092$2,380$1,342$740$34
44 years$6,535$3,900$2,234$1,239$672$29
45 years$6,318$3,719$2,097$1,144$610$24
46 years$6,110$3,548$1,970$1,057$554$20
47 years$5,913$3,386$1,851$977$503$17
48 years$5,724$3,232$1,739$902$457$14
49 years$5,543$3,087$1,635$834$415$12
50 years$5,370$2,949$1,537$771$377$10

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 $2,436 every year, while hoping to spend $51,696 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: 76/8/16 Blend
29$5,500,000$5,500,000$5,500,000$5,500,000
30$6,063,513$5,772,013$5,686,763$6,502,845
31$6,626,987$5,999,837$5,822,265$7,021,285
32$7,246,203$6,237,092$5,960,574$7,582,822
33$7,926,791$6,484,186$6,101,730$8,197,061
34$8,674,957$6,741,544$6,245,770$8,869,241
35$9,497,533$7,009,610$6,392,734$9,605,128
36$10,402,051$7,288,851$6,542,660$10,411,076
37$11,396,807$7,579,750$6,695,586$11,294,079
38$12,490,940$7,882,817$6,851,547$12,261,842
39$13,694,522$8,198,582$7,010,580$13,322,850
40$15,018,650$8,527,598$7,172,721$14,486,448
41$16,475,547$8,870,446$7,338,002$15,762,931
42$18,078,686$9,227,731$7,506,458$17,163,635
43$19,842,907$9,600,085$7,678,120$18,701,052
44$21,784,566$9,988,171$7,853,019$20,388,937
45$23,921,681$10,392,681$8,031,184$22,242,446
46$26,274,106$10,814,336$8,212,643$24,278,273
47$28,863,720$11,253,894$8,397,421$26,514,809
48$31,714,629$11,712,144$8,585,544$28,972,314
49$34,853,395$12,189,913$8,777,034$31,673,107
50$38,309,287$12,688,064$8,971,911$34,641,778
51$42,114,557$13,207,502$9,170,192$37,905,418
52$46,304,742$13,749,171$9,371,894$41,493,872
53$50,919,004$14,314,057$9,577,030$45,440,023
54$56,000,492$14,903,196$9,785,610$49,780,100
55$61,596,756$15,517,666$9,997,642$54,554,018
56$67,760,191$16,158,598$10,213,130$59,805,755
57$74,548,535$16,827,174$10,432,074$65,583,767
58$82,025,409$17,524,629$10,654,472$71,941,441
59$90,260,922$18,252,257$10,880,317$78,937,604
60$99,332,327$19,011,409$11,109,600$86,637,068
61$109,324,758$19,803,501$11,342,304$95,111,250
62$120,332,022$20,630,012$11,578,411$104,438,839
63$132,457,497$21,492,490$11,817,896$114,706,540
64$145,815,095$22,392,556$12,060,729$126,009,890
65$160,530,346$23,331,903$12,306,875$138,454,158
66$176,741,580$24,312,305$12,556,294$152,155,342
67$194,601,230$25,335,616$12,808,938$167,241,254
68$214,277,272$26,403,778$13,064,754$183,852,734
69$235,954,811$27,518,821$13,323,681$202,144,972
70$259,837,830$28,682,871$13,585,652$222,288,973
71$286,151,109$29,898,152$13,850,592$244,473,171
72$315,142,351$31,166,991$14,118,416$268,905,205
73$347,084,521$32,491,823$14,389,033$295,813,876
74$382,278,418$33,875,199$14,662,342$325,451,309
75$421,055,518$35,319,785$14,938,231$358,095,328
76$463,781,100$36,828,373$15,216,581$394,052,074
77$510,857,696$38,403,887$15,497,260$433,658,903
78$562,728,889$40,049,386$15,780,126$477,287,555
79$619,883,500$41,768,070$16,065,025$525,347,674
80$682,860,204$43,563,293$16,351,791$578,290,664
81$752,252,612$45,438,561$16,640,243$636,613,953
82$828,714,877$47,397,549$16,930,190$700,865,682
83$912,967,867$49,444,101$17,221,423$771,649,882
84$1,005,805,970$51,582,243$17,513,721$849,632,172
85$1,108,104,594$53,816,188$17,806,846$935,546,037
86$1,220,828,429$56,150,348$18,100,542$1,030,199,755
87$1,345,040,557$58,589,343$18,394,538$1,134,484,020
88$1,481,912,482$61,138,009$18,688,543$1,249,380,349
89$1,632,735,193$63,801,409$18,982,248$1,375,970,347
90$1,798,931,352$66,584,847$19,275,322$1,515,445,911
91$1,982,068,720$69,493,875$19,567,415$1,669,120,483
92$2,183,874,960$72,534,305$19,858,154$1,838,441,441
93$2,406,253,946$75,712,226$20,147,142$2,025,003,765
94$2,651,303,736$79,034,013$20,433,960$2,230,565,087
95$2,921,336,380$82,506,342$20,718,160$2,457,062,281
96$3,218,899,742$86,136,205$20,999,270$2,706,629,746
97$3,546,801,560$89,930,923$21,276,790$2,981,619,549
98$3,908,135,945$93,898,165$21,550,189$3,284,623,628
99$4,306,312,598$98,045,961$21,818,906$3,618,498,257
100$4,745,088,993$102,382,723$22,082,349$3,986,391,007