Can I retire at age 30 with 5,600,000?

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 $5,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$462,443$458,324$454,305$450,382$446,552$442,626
2 years$228,932$224,668$220,536$216,530$212,644$208,687
3 years$151,105$146,823$142,702$138,733$134,910$131,046
4 years$112,200$107,931$103,850$99,949$96,219$92,477
5 years$88,862$84,619$80,592$76,771$73,144$69,535
6 years$73,309$69,098$65,130$61,394$57,876$54,405
7 years$62,204$58,028$54,124$50,475$47,069$43,737
8 years$53,879$49,741$45,901$42,343$39,048$35,856
9 years$47,408$43,308$39,535$36,066$32,884$29,830
10 years$42,233$38,174$34,467$31,090$28,019$25,101
11 years$38,003$33,984$30,344$27,057$24,097$21,313
12 years$34,480$30,502$26,930$23,733$20,882$18,230
13 years$31,501$27,565$24,060$20,953$18,210$15,686
14 years$28,950$25,056$21,618$18,599$15,963$13,564
15 years$26,741$22,889$19,518$16,587$14,055$11,778
16 years$24,810$21,000$17,696$14,852$12,422$10,263
17 years$23,108$19,341$16,103$13,345$11,014$8,970
18 years$21,597$17,872$14,700$12,026$9,793$7,859
19 years$20,247$16,563$13,457$10,867$8,729$6,902
20 years$19,033$15,391$12,350$9,842$7,797$6,072
21 years$17,936$14,336$11,360$8,932$6,977$5,351
22 years$16,940$13,383$10,470$8,121$6,254$4,723
23 years$16,032$12,516$9,667$7,396$5,614$4,173
24 years$15,201$11,727$8,940$6,746$5,046$3,692
25 years$14,438$11,005$8,280$6,161$4,541$3,269
26 years$13,734$10,343$7,680$5,633$4,090$2,897
27 years$13,084$9,734$7,131$5,156$3,687$2,569
28 years$12,481$9,172$6,629$4,724$3,327$2,280
29 years$11,921$8,653$6,169$4,332$3,004$2,025
30 years$11,399$8,172$5,746$3,976$2,715$1,799
31 years$10,912$7,725$5,357$3,651$2,454$1,599
32 years$10,456$7,310$4,998$3,356$2,220$1,422
33 years$10,029$6,922$4,667$3,086$2,009$1,265
34 years$9,627$6,561$4,361$2,839$1,819$1,125
35 years$9,250$6,223$4,077$2,614$1,648$1,002
36 years$8,894$5,906$3,814$2,407$1,493$892
37 years$8,558$5,610$3,570$2,218$1,353$794
38 years$8,241$5,331$3,343$2,044$1,227$707
39 years$7,941$5,069$3,132$1,885$1,112$630
40 years$7,656$4,823$2,936$1,739$1,009$561
41 years$7,386$4,591$2,753$1,604$915$500
42 years$7,130$4,372$2,582$1,480$831$446
43 years$6,886$4,166$2,423$1,367$754$397
44 years$6,654$3,971$2,274$1,262$684$354
45 years$6,432$3,787$2,135$1,165$621$316
46 years$6,221$3,613$2,006$1,076$564$281
47 years$6,020$3,447$1,884$994$512$251
48 years$5,828$3,291$1,771$919$465$224
49 years$5,644$3,143$1,664$849$422$199
50 years$5,468$3,002$1,565$785$384$178

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $5,600,000, adding $6,268 every year, while hoping to spend $21,460 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: 28/47/25 Blend
29$5,600,000$5,600,000$5,600,000$5,600,000
30$6,177,665$5,880,865$5,794,065$6,302,277
31$6,784,954$6,146,195$5,965,333$6,666,486
32$7,453,467$6,423,806$6,141,620$7,055,224
33$8,189,426$6,714,278$6,323,069$7,472,449
34$8,999,688$7,018,218$6,509,832$7,920,616
35$9,891,807$7,336,261$6,702,063$8,402,408
36$10,874,108$7,669,075$6,899,919$8,920,764
37$11,955,764$8,017,356$7,103,563$9,478,900
38$13,146,882$8,381,837$7,313,162$10,080,338
39$14,458,601$8,763,284$7,528,890$10,728,939
40$15,903,193$9,162,500$7,750,923$11,428,931
41$17,494,183$9,580,326$7,979,443$12,184,949
42$19,246,473$10,017,646$8,214,638$13,002,074
43$21,176,485$10,475,382$8,456,700$13,885,880
44$23,302,314$10,954,504$8,705,827$14,842,478
45$25,643,902$11,456,026$8,962,224$15,878,575
46$28,223,222$11,981,013$9,226,100$17,001,530
47$31,064,486$12,530,579$9,497,671$18,219,419
48$34,194,379$13,105,892$9,777,158$19,541,108
49$37,642,302$13,708,177$10,064,789$20,976,334
50$41,440,656$14,338,717$10,360,798$22,535,786
51$45,625,145$14,998,856$10,665,428$24,231,207
52$50,235,115$15,690,006$10,978,925$26,075,496
53$55,313,923$16,413,642$11,301,544$28,082,827
54$60,909,345$17,171,313$11,633,549$30,268,772
55$67,074,034$17,964,642$11,975,208$32,650,448
56$73,866,006$18,795,330$12,326,798$35,246,666
57$81,349,198$19,665,161$12,688,605$38,078,108
58$89,594,064$20,576,002$13,060,921$41,167,509
59$98,678,245$21,529,812$13,444,049$44,539,872
60$108,687,298$22,528,646$13,838,297$48,222,687
61$119,715,507$23,574,654$14,243,984$52,246,190
62$131,866,770$24,670,092$14,661,438$56,643,636
63$145,255,580$25,817,327$15,090,996$61,451,608
64$160,008,108$27,018,835$15,533,004$66,710,348
65$176,263,393$28,277,215$15,987,817$72,464,130
66$194,174,652$29,595,192$16,455,802$78,761,670
67$213,910,730$30,975,620$16,937,335$85,656,570
68$235,657,691$32,421,492$17,432,802$93,207,819
69$259,620,576$33,935,946$17,942,602$101,480,333
70$286,025,339$35,522,271$18,467,142$110,545,561
71$315,120,976$37,183,915$19,006,844$120,482,141
72$347,181,881$38,924,492$19,562,139$131,376,635
73$382,510,434$40,747,793$20,133,472$143,324,327
74$421,439,853$42,657,790$20,721,298$156,430,112
75$464,337,343$44,658,647$21,326,087$170,809,470
76$511,607,562$46,754,730$21,948,321$186,589,540
77$563,696,439$48,950,618$22,588,495$203,910,301
78$621,095,387$51,251,109$23,247,120$222,925,884
79$684,345,937$53,661,234$23,924,720$243,805,997
80$754,044,856$56,186,268$24,621,832$266,737,521
81$830,849,778$58,831,742$25,339,009$291,926,243
82$915,485,410$61,603,452$26,076,821$319,598,785
83$1,008,750,379$64,507,478$26,835,851$350,004,721
84$1,111,524,767$67,550,194$27,616,701$383,418,904
85$1,224,778,420$70,738,280$28,419,988$420,144,046
86$1,349,580,107$74,078,744$29,246,346$460,513,544
87$1,487,107,606$77,578,931$30,096,427$504,894,603
88$1,638,658,826$81,246,542$30,970,901$553,691,677
89$1,805,664,056$85,089,653$31,870,456$607,350,255
90$1,989,699,474$89,116,730$32,795,801$666,361,040
91$2,192,502,022$93,336,652$33,747,661$731,264,548
92$2,415,985,805$97,758,725$34,726,785$802,656,177
93$2,662,260,165$102,392,709$35,733,940$881,191,797
94$2,933,649,589$107,248,840$36,769,914$967,593,900
95$3,232,715,659$112,337,845$37,835,519$1,062,658,389
96$3,562,281,234$117,670,977$38,931,586$1,167,262,047
97$3,925,457,097$123,260,032$40,058,971$1,282,370,775
98$4,325,671,329$129,117,381$41,218,555$1,409,048,669
99$4,766,701,667$135,255,995$42,411,238$1,548,468,015
100$5,252,711,172$141,689,475$43,637,951$1,701,920,314