Can I retire at age 30 with 5,700,000?

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 $5,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$470,701$466,508$462,417$458,425$454,526$449,219
2 years$233,020$228,680$224,474$220,396$216,441$211,099
3 years$153,804$149,445$145,250$141,210$137,319$132,108
4 years$114,203$109,858$105,705$101,734$97,937$92,898
5 years$90,449$86,130$82,031$78,141$74,450$69,597
6 years$74,618$70,332$66,293$62,490$58,910$54,248
7 years$63,315$59,064$55,090$51,377$47,910$43,442
8 years$54,841$50,629$46,721$43,099$39,746$35,471
9 years$48,254$44,082$40,241$36,711$33,472$29,389
10 years$42,987$38,856$35,083$31,645$28,519$24,626
11 years$38,681$34,591$30,886$27,540$24,528$20,819
12 years$35,095$31,047$27,411$24,157$21,255$17,729
13 years$32,063$28,058$24,490$21,327$18,535$15,186
14 years$29,467$25,504$22,004$18,931$16,248$13,071
15 years$27,218$23,298$19,867$16,884$14,306$11,296
16 years$25,253$21,375$18,012$15,117$12,643$9,796
17 years$23,521$19,686$16,390$13,583$11,210$8,520
18 years$21,983$18,191$14,962$12,241$9,968$7,428
19 years$20,608$16,859$13,697$11,061$8,885$6,490
20 years$19,372$15,666$12,571$10,018$7,936$5,681
21 years$18,256$14,592$11,563$9,092$7,102$4,980
22 years$17,242$13,621$10,657$8,266$6,366$4,372
23 years$16,318$12,740$9,840$7,528$5,714$3,843
24 years$15,472$11,936$9,100$6,866$5,136$3,381
25 years$14,695$11,202$8,428$6,271$4,622$2,978
26 years$13,979$10,528$7,817$5,734$4,163$2,624
27 years$13,318$9,908$7,259$5,248$3,753$2,315
28 years$12,704$9,336$6,748$4,808$3,387$2,043
29 years$12,134$8,808$6,279$4,409$3,058$1,804
30 years$11,603$8,318$5,849$4,047$2,763$1,593
31 years$11,107$7,863$5,453$3,717$2,498$1,408
32 years$10,643$7,440$5,088$3,416$2,260$1,245
33 years$10,208$7,046$4,750$3,141$2,045$1,101
34 years$9,799$6,678$4,438$2,890$1,852$974
35 years$9,415$6,334$4,150$2,660$1,677$862
36 years$9,053$6,012$3,882$2,450$1,520$763
37 years$8,711$5,710$3,633$2,257$1,377$675
38 years$8,388$5,426$3,403$2,081$1,249$598
39 years$8,082$5,160$3,188$1,919$1,132$529
40 years$7,793$4,909$2,988$1,770$1,027$469
41 years$7,518$4,673$2,802$1,633$932$415
42 years$7,257$4,451$2,628$1,507$845$368
43 years$7,009$4,241$2,466$1,391$767$326
44 years$6,772$4,042$2,315$1,284$696$289
45 years$6,547$3,855$2,174$1,186$632$256
46 years$6,333$3,677$2,042$1,096$574$227
47 years$6,128$3,509$1,918$1,012$521$201
48 years$5,932$3,350$1,802$935$473$178
49 years$5,744$3,199$1,694$864$430$158
50 years$5,565$3,056$1,593$799$391$140

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $5,700,000, adding $6,410 every year, while hoping to spend $31,257 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: 53/35/12 Blend
29$5,700,000$5,700,000$5,700,000$5,700,000
30$6,288,012$5,985,912$5,897,562$6,601,222
31$6,896,132$6,245,964$6,061,873$7,075,256
32$7,565,233$6,517,712$6,230,641$7,586,832
33$8,301,501$6,801,694$6,403,982$8,142,701
34$9,111,754$7,098,477$6,582,015$8,747,064
35$10,003,503$7,408,653$6,764,863$9,404,544
36$10,985,025$7,732,841$6,952,650$10,120,215
37$12,065,438$8,071,691$7,145,505$10,899,660
38$13,254,792$8,425,883$7,343,558$11,749,013
39$14,564,158$8,796,129$7,546,945$12,675,019
40$16,005,737$9,183,174$7,755,803$13,685,095
41$17,592,972$9,587,799$7,970,272$14,787,396
42$19,340,676$10,010,823$8,190,497$15,990,894
43$21,265,173$10,453,101$8,416,627$17,305,453
44$23,384,449$10,915,531$8,648,812$18,741,928
45$25,718,323$11,399,052$8,887,207$20,312,259
46$28,288,635$11,904,649$9,131,971$22,029,583
47$31,119,450$12,433,351$9,383,267$23,908,353
48$34,237,288$12,986,239$9,641,261$25,964,476
49$37,671,370$13,564,444$9,906,122$28,215,456
50$41,453,899$14,169,150$10,178,025$30,680,556
51$45,620,356$14,801,599$10,457,149$33,380,980
52$50,209,844$15,463,089$10,743,676$36,340,064
53$55,265,451$16,154,983$11,037,791$39,583,498
54$60,834,657$16,878,707$11,339,687$43,139,561
55$66,969,784$17,635,756$11,649,559$47,039,385
56$73,728,489$18,427,694$11,967,606$51,317,244
57$81,174,307$19,256,164$12,294,033$56,010,876
58$89,377,252$20,122,881$12,629,049$61,161,828
59$98,414,477$21,029,648$12,972,867$66,815,852
60$108,371,003$21,978,350$13,325,707$73,023,323
61$119,340,519$22,970,962$13,687,792$79,839,716
62$131,426,269$24,009,557$14,059,351$87,326,120
63$144,742,026$25,096,303$14,440,616$95,549,810
64$159,413,164$26,233,473$14,831,828$104,584,878
65$175,577,843$27,423,449$15,233,231$114,512,921
66$193,388,311$28,668,727$15,645,073$125,423,810
67$213,012,346$29,971,922$16,067,610$137,416,528
68$234,634,833$31,335,773$16,501,102$150,600,098
69$258,459,513$32,763,153$16,945,816$165,094,605
70$284,710,906$34,257,071$17,402,024$181,032,321
71$313,636,430$35,820,679$17,870,003$198,558,944
72$345,508,735$37,457,281$18,350,037$217,834,967
73$380,628,279$39,170,341$18,842,416$239,037,184
74$419,326,163$40,963,487$19,347,436$262,360,346
75$461,967,255$42,840,521$19,865,399$288,018,992
76$508,953,638$44,805,430$20,396,613$316,249,465
77$560,728,402$46,862,389$20,941,393$347,312,128
78$617,779,830$49,015,777$21,500,060$381,493,815
79$680,646,003$51,270,180$22,072,942$419,110,524
80$749,919,883$53,630,407$22,660,374$460,510,386
81$826,254,910$56,101,496$23,262,696$506,076,943
82$910,371,172$58,688,730$23,880,256$556,232,751
83$1,003,062,197$61,397,643$24,513,411$611,443,355
84$1,105,202,451$64,234,038$25,162,520$672,221,672
85$1,217,755,590$67,203,995$25,827,954$739,132,814
86$1,341,783,558$70,313,888$26,510,088$812,799,405
87$1,478,456,611$73,570,399$27,209,306$893,907,447
88$1,629,064,366$76,980,529$27,925,999$983,212,774
89$1,795,027,976$80,551,619$28,660,563$1,081,548,167
90$1,977,913,543$84,291,362$29,413,406$1,189,831,202
91$2,179,446,908$88,207,823$30,184,939$1,309,072,885
92$2,401,529,942$92,309,456$30,975,584$1,440,387,179
93$2,646,258,498$96,605,121$31,785,768$1,585,001,494
94$2,915,942,200$101,104,107$32,615,926$1,744,268,255
95$3,213,126,248$105,816,152$33,466,504$1,919,677,642
96$3,540,615,444$110,751,462$34,337,950$2,112,871,632
97$3,901,500,674$115,920,737$35,230,725$2,325,659,472
98$4,299,188,083$121,335,195$36,145,296$2,560,034,734
99$4,737,431,241$127,006,592$37,082,136$2,818,194,102
100$5,220,366,568$132,947,256$38,041,729$3,102,558,083