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

Use the below retirement simulation to view the chances of a successful retirement.
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%14.2%
1 years$454,185$450,139$446,192$442,340$438,578$430,957
2 years$224,844$220,656$216,598$212,663$208,847$201,194
3 years$148,407$144,201$140,153$136,255$132,501$125,054
4 years$110,196$106,003$101,996$98,164$94,501$87,318
5 years$87,275$83,108$79,153$75,400$71,838$64,939
6 years$72,000$67,864$63,967$60,298$56,843$50,236
7 years$61,093$56,992$53,157$49,574$46,229$39,915
8 years$52,917$48,853$45,081$41,586$38,351$32,330
9 years$46,561$42,535$38,829$35,422$32,297$26,565
10 years$41,479$37,493$33,852$30,534$27,519$22,070
11 years$37,324$33,377$29,802$26,574$23,667$18,497
12 years$33,864$29,958$26,449$23,309$20,509$15,610
13 years$30,938$27,073$23,630$20,578$17,885$13,249
14 years$28,433$24,609$21,232$18,267$15,677$11,297
15 years$26,263$22,480$19,170$16,291$13,804$9,671
16 years$24,367$20,625$17,380$14,587$12,200$8,305
17 years$22,696$18,995$15,815$13,106$10,817$7,152
18 years$21,211$17,552$14,437$11,811$9,618$6,173
19 years$19,885$16,267$13,217$10,673$8,573$5,338
20 years$18,693$15,116$12,130$9,666$7,657$4,624
21 years$17,615$14,080$11,157$8,773$6,853$4,012
22 years$16,637$13,144$10,283$7,976$6,142$3,484
23 years$15,746$12,293$9,494$7,264$5,514$3,030
24 years$14,930$11,518$8,781$6,625$4,956$2,637
25 years$14,180$10,809$8,133$6,051$4,459$2,297
26 years$13,489$10,158$7,543$5,532$4,017$2,002
27 years$12,850$9,560$7,004$5,064$3,622$1,746
28 years$12,258$9,009$6,511$4,640$3,268$1,523
29 years$11,708$8,499$6,059$4,255$2,951$1,330
30 years$11,196$8,026$5,644$3,905$2,666$1,161
31 years$10,717$7,587$5,262$3,586$2,411$1,014
32 years$10,269$7,179$4,909$3,296$2,180$886
33 years$9,850$6,799$4,584$3,031$1,973$775
34 years$9,456$6,444$4,283$2,789$1,787$677
35 years$9,085$6,112$4,004$2,567$1,618$592
36 years$8,735$5,801$3,746$2,364$1,466$518
37 years$8,405$5,510$3,506$2,178$1,329$453
38 years$8,094$5,236$3,283$2,008$1,205$396
39 years$7,799$4,979$3,076$1,851$1,092$347
40 years$7,519$4,737$2,883$1,708$991$304
41 years$7,254$4,509$2,703$1,575$899$266
42 years$7,002$4,294$2,536$1,454$816$232
43 years$6,763$4,092$2,380$1,342$740$203
44 years$6,535$3,900$2,234$1,239$672$178
45 years$6,318$3,719$2,097$1,144$610$156
46 years$6,110$3,548$1,970$1,057$554$136
47 years$5,913$3,386$1,851$977$503$119
48 years$5,724$3,232$1,739$902$457$105
49 years$5,543$3,087$1,635$834$415$92
50 years$5,370$2,949$1,537$771$377$80

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 $6,576 every year, while hoping to spend $53,113 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: 38/36/26 Blend
29$5,500,000$5,500,000$5,500,000$5,500,000
30$6,067,783$5,776,283$5,691,033$6,251,096
31$6,630,185$6,002,809$5,825,171$6,612,318
32$7,248,172$6,238,655$5,962,022$6,997,061
33$7,927,358$6,484,221$6,101,622$7,411,843
34$8,673,926$6,739,926$6,244,004$7,859,423
35$9,494,690$7,006,206$6,389,202$8,342,828
36$10,397,158$7,283,519$6,537,249$8,865,383
37$11,389,598$7,572,342$6,688,177$9,430,739
38$12,481,123$7,873,172$6,842,017$10,042,910
39$13,681,772$8,186,532$6,998,799$10,706,304
40$15,002,605$8,512,965$7,158,552$11,425,766
41$16,455,811$8,853,040$7,321,303$12,206,622
42$18,054,815$9,207,351$7,487,079$13,054,727
43$19,814,415$9,576,519$7,655,904$13,976,517
44$21,750,911$9,961,194$7,827,802$14,979,072
45$23,882,265$10,362,054$8,002,795$16,070,174
46$26,228,269$10,779,808$8,180,902$17,258,386
47$28,810,732$11,215,198$8,362,141$18,553,124
48$31,653,681$11,668,997$8,546,528$19,964,747
49$34,783,596$12,142,017$8,734,075$21,504,654
50$38,229,651$12,635,104$8,924,795$23,185,384
51$42,023,994$13,149,143$9,118,695$25,020,736
52$46,202,050$13,685,060$9,315,780$27,025,897
53$50,802,854$14,243,823$9,516,053$29,217,579
54$55,869,418$14,826,443$9,719,514$31,614,175
55$61,449,139$15,433,979$9,926,158$34,235,932
56$67,594,244$16,067,536$10,135,977$37,105,138
57$74,362,284$16,728,273$10,348,960$40,246,325
58$81,816,678$17,417,399$10,565,090$43,686,505
59$90,027,306$18,136,179$10,784,348$47,455,412
60$99,071,177$18,885,938$11,006,710$51,585,790
61$109,033,147$19,668,059$11,232,144$56,113,686
62$120,006,725$20,483,990$11,460,618$61,078,796
63$132,094,951$21,335,246$11,692,089$66,524,832
64$145,411,374$22,223,411$11,926,512$72,499,928
65$160,081,118$23,150,142$12,163,834$79,057,094
66$176,242,067$24,117,173$12,403,997$86,254,710
67$194,046,161$25,126,318$12,646,934$94,157,069
68$213,660,836$26,179,475$12,892,573$102,834,984
69$235,270,601$27,278,628$13,140,833$112,366,448
70$259,078,776$28,425,855$13,391,625$122,837,365
71$285,309,418$29,623,329$13,644,852$134,342,356
72$314,209,431$30,873,324$13,900,407$146,985,645
73$346,050,897$32,178,221$14,158,174$160,882,036
74$381,133,643$33,540,508$14,418,028$176,157,993
75$419,788,074$34,962,793$14,679,831$192,952,823
76$462,378,290$36,447,802$14,943,438$211,419,988
77$509,305,520$37,998,389$15,208,688$231,728,542
78$561,011,914$39,617,541$15,475,410$254,064,721
79$617,984,713$41,308,384$15,743,420$278,633,696
80$680,760,850$43,074,191$16,012,520$305,661,493
81$749,932,016$44,918,385$16,282,498$335,397,128
82$826,150,247$46,844,552$16,553,128$368,114,940
83$910,134,082$48,856,444$16,824,167$404,117,176
84$1,002,675,337$50,957,989$17,095,356$443,736,832
85$1,104,646,589$53,153,298$17,366,418$487,340,786
86$1,217,009,407$55,446,676$17,637,059$535,333,254
87$1,340,823,432$57,842,629$17,906,966$588,159,588
88$1,477,256,379$60,345,874$18,175,806$646,310,472
89$1,627,595,057$62,961,350$18,443,223$710,326,542
90$1,793,257,525$65,694,228$18,708,843$780,803,476
91$1,975,806,470$68,549,922$18,972,266$858,397,603
92$2,176,963,961$71,534,100$19,233,069$943,832,085
93$2,398,627,712$74,652,698$19,490,804$1,037,903,729
94$2,642,888,989$77,911,929$19,744,996$1,141,490,494
95$2,912,052,355$81,318,303$19,995,142$1,255,559,763
96$3,208,657,428$84,878,633$20,240,712$1,381,177,457
97$3,535,502,854$88,600,054$20,481,144$1,519,518,082
98$3,895,672,728$92,490,040$20,715,846$1,671,875,797
99$4,292,565,710$96,556,415$20,944,190$1,839,676,612
100$4,729,927,108$100,807,376$21,165,516$2,024,491,832