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%12.1%
1 years$470,701$466,508$462,417$458,425$454,526$450,530
2 years$233,020$228,680$224,474$220,396$216,441$212,414
3 years$153,804$149,445$145,250$141,210$137,319$133,386
4 years$114,203$109,858$105,705$101,734$97,937$94,128
5 years$90,449$86,130$82,031$78,141$74,450$70,777
6 years$74,618$70,332$66,293$62,490$58,910$55,377
7 years$63,315$59,064$55,090$51,377$47,910$44,518
8 years$54,841$50,629$46,721$43,099$39,746$36,496
9 years$48,254$44,082$40,241$36,711$33,472$30,362
10 years$42,987$38,856$35,083$31,645$28,519$25,549
11 years$38,681$34,591$30,886$27,540$24,528$21,694
12 years$35,095$31,047$27,411$24,157$21,255$18,555
13 years$32,063$28,058$24,490$21,327$18,535$15,966
14 years$29,467$25,504$22,004$18,931$16,248$13,806
15 years$27,218$23,298$19,867$16,884$14,306$11,988
16 years$25,253$21,375$18,012$15,117$12,643$10,446
17 years$23,521$19,686$16,390$13,583$11,210$9,130
18 years$21,983$18,191$14,962$12,241$9,968$8,000
19 years$20,608$16,859$13,697$11,061$8,885$7,025
20 years$19,372$15,666$12,571$10,018$7,936$6,181
21 years$18,256$14,592$11,563$9,092$7,102$5,447
22 years$17,242$13,621$10,657$8,266$6,366$4,807
23 years$16,318$12,740$9,840$7,528$5,714$4,248
24 years$15,472$11,936$9,100$6,866$5,136$3,758
25 years$14,695$11,202$8,428$6,271$4,622$3,327
26 years$13,979$10,528$7,817$5,734$4,163$2,949
27 years$13,318$9,908$7,259$5,248$3,753$2,615
28 years$12,704$9,336$6,748$4,808$3,387$2,321
29 years$12,134$8,808$6,279$4,409$3,058$2,061
30 years$11,603$8,318$5,849$4,047$2,763$1,831
31 years$11,107$7,863$5,453$3,717$2,498$1,627
32 years$10,643$7,440$5,088$3,416$2,260$1,447
33 years$10,208$7,046$4,750$3,141$2,045$1,287
34 years$9,799$6,678$4,438$2,890$1,852$1,145
35 years$9,415$6,334$4,150$2,660$1,677$1,019
36 years$9,053$6,012$3,882$2,450$1,520$908
37 years$8,711$5,710$3,633$2,257$1,377$808
38 years$8,388$5,426$3,403$2,081$1,249$720
39 years$8,082$5,160$3,188$1,919$1,132$641
40 years$7,793$4,909$2,988$1,770$1,027$571
41 years$7,518$4,673$2,802$1,633$932$509
42 years$7,257$4,451$2,628$1,507$845$454
43 years$7,009$4,241$2,466$1,391$767$404
44 years$6,772$4,042$2,315$1,284$696$360
45 years$6,547$3,855$2,174$1,186$632$321
46 years$6,333$3,677$2,042$1,096$574$286
47 years$6,128$3,509$1,918$1,012$521$255
48 years$5,932$3,350$1,802$935$473$228
49 years$5,744$3,199$1,694$864$430$203
50 years$5,565$3,056$1,593$799$391$181

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 $6,590 every year, while hoping to spend $23,310 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: 65/30/5 Blend
29$5,700,000$5,700,000$5,700,000$5,700,000
30$6,288,198$5,986,098$5,897,748$6,692,265
31$6,904,792$6,254,615$6,070,520$7,229,974
32$7,583,498$6,535,508$6,248,300$7,813,780
33$8,330,626$6,829,359$6,431,229$8,450,942
34$9,153,130$7,136,778$6,619,455$9,146,642
35$10,058,672$7,458,402$6,813,130$9,906,575
36$11,055,694$7,794,902$7,012,408$10,737,010
37$12,153,501$8,146,978$7,217,449$11,644,838
38$13,362,343$8,515,365$7,428,418$12,637,643
39$14,693,516$8,900,832$7,645,485$13,723,765
40$16,159,467$9,304,185$7,868,821$14,912,385
41$17,773,913$9,726,270$8,098,607$16,213,603
42$19,551,967$10,167,972$8,335,025$17,638,531
43$21,510,283$10,630,219$8,578,264$19,199,402
44$23,667,214$11,113,982$8,828,518$20,909,678
45$26,042,983$11,620,280$9,085,987$22,784,175
46$28,659,875$12,150,181$9,350,874$24,839,202
47$31,542,445$12,704,803$9,623,392$27,092,712
48$34,717,754$13,285,318$9,903,755$29,564,468
49$38,215,621$13,892,955$10,192,187$32,276,227
50$42,068,906$14,529,001$10,488,916$35,251,945
51$46,313,817$15,194,804$10,794,177$38,517,994
52$50,990,256$15,891,779$11,108,212$42,103,413
53$56,142,193$16,621,408$11,431,269$46,040,178
54$61,818,082$17,385,243$11,763,602$50,363,497
55$68,071,318$18,184,911$12,105,474$55,112,143
56$74,960,740$19,022,118$12,457,154$60,328,814
57$82,551,185$19,898,653$12,818,919$66,060,530
58$90,914,107$20,816,387$13,191,054$72,359,077
59$100,128,241$21,777,286$13,573,849$79,281,486
60$110,280,356$22,783,407$13,967,607$86,890,574
61$121,466,066$23,836,907$14,372,636$95,255,523
62$133,790,737$24,940,048$14,789,251$104,452,536
63$147,370,481$26,095,200$15,217,781$114,565,546
64$162,333,252$27,304,846$15,658,558$125,687,006
65$178,820,051$28,571,591$16,111,927$137,918,752
66$196,986,261$29,898,164$16,578,241$151,372,963
67$217,003,112$31,287,425$17,057,864$166,173,209
68$239,059,295$32,742,375$17,551,168$182,455,614
69$263,362,747$34,266,156$18,058,537$200,370,133
70$290,142,613$35,862,063$18,580,363$220,081,958
71$319,651,406$37,533,551$19,117,052$241,773,074
72$352,167,395$39,284,240$19,669,019$265,643,965
73$387,997,229$41,117,927$20,236,691$291,915,501
74$427,478,831$43,038,591$20,820,505$320,831,012
75$470,984,593$45,050,403$21,420,912$352,658,577
76$518,924,884$47,157,735$22,038,376$387,693,545
77$571,751,930$49,365,172$22,673,370$426,261,313
78$629,964,082$51,677,520$23,326,382$468,720,387
79$694,110,517$54,099,817$23,997,914$515,465,754
80$764,796,426$56,637,345$24,688,481$566,932,602
81$842,688,727$59,295,640$25,398,611$623,600,414
82$928,522,359$62,080,509$26,128,846$685,997,482
83$1,023,107,222$64,998,037$26,879,745$754,705,883
84$1,127,335,823$68,054,604$27,651,880$830,366,955
85$1,242,191,698$71,256,900$28,445,839$913,687,343
86$1,368,758,702$74,611,940$29,262,226$1,005,445,650
87$1,508,231,239$78,127,074$30,101,660$1,106,499,775
88$1,661,925,538$81,810,014$30,964,779$1,217,794,991
89$1,831,292,080$85,668,841$31,852,235$1,340,372,855
90$2,017,929,287$89,712,030$32,764,701$1,475,381,020
91$2,223,598,621$93,948,465$33,702,864$1,624,084,053
92$2,450,241,204$98,387,464$34,667,434$1,787,875,347
93$2,699,996,149$103,038,792$35,659,135$1,968,290,262
94$2,975,220,754$107,912,691$36,678,715$2,167,020,591
95$3,278,512,757$113,019,899$37,726,937$2,385,930,514
96$3,612,734,858$118,371,673$38,804,589$2,627,074,165
97$3,981,041,748$123,979,819$39,912,477$2,892,715,009
98$4,386,909,890$129,856,715$41,051,429$3,185,347,174
99$4,834,170,342$136,015,337$42,222,295$3,507,718,975
100$5,327,044,923$142,469,295$43,425,949$3,862,858,829