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%11.2%
1 years$470,701$466,508$462,417$458,425$454,526$452,230
2 years$233,020$228,680$224,474$220,396$216,441$214,124
3 years$153,804$149,445$145,250$141,210$137,319$135,053
4 years$114,203$109,858$105,705$101,734$97,937$95,739
5 years$90,449$86,130$82,031$78,141$74,450$72,327
6 years$74,618$70,332$66,293$62,490$58,910$56,863
7 years$63,315$59,064$55,090$51,377$47,910$45,941
8 years$54,841$50,629$46,721$43,099$39,746$37,856
9 years$48,254$44,082$40,241$36,711$33,472$31,660
10 years$42,987$38,856$35,083$31,645$28,519$26,785
11 years$38,681$34,591$30,886$27,540$24,528$22,869
12 years$35,095$31,047$27,411$24,157$21,255$19,671
13 years$32,063$28,058$24,490$21,327$18,535$17,024
14 years$29,467$25,504$22,004$18,931$16,248$14,808
15 years$27,218$23,298$19,867$16,884$14,306$12,936
16 years$25,253$21,375$18,012$15,117$12,643$11,341
17 years$23,521$19,686$16,390$13,583$11,210$9,974
18 years$21,983$18,191$14,962$12,241$9,968$8,795
19 years$20,608$16,859$13,697$11,061$8,885$7,773
20 years$19,372$15,666$12,571$10,018$7,936$6,884
21 years$18,256$14,592$11,563$9,092$7,102$6,107
22 years$17,242$13,621$10,657$8,266$6,366$5,426
23 years$16,318$12,740$9,840$7,528$5,714$4,827
24 years$15,472$11,936$9,100$6,866$5,136$4,300
25 years$14,695$11,202$8,428$6,271$4,622$3,834
26 years$13,979$10,528$7,817$5,734$4,163$3,422
27 years$13,318$9,908$7,259$5,248$3,753$3,056
28 years$12,704$9,336$6,748$4,808$3,387$2,732
29 years$12,134$8,808$6,279$4,409$3,058$2,443
30 years$11,603$8,318$5,849$4,047$2,763$2,187
31 years$11,107$7,863$5,453$3,717$2,498$1,958
32 years$10,643$7,440$5,088$3,416$2,260$1,754
33 years$10,208$7,046$4,750$3,141$2,045$1,572
34 years$9,799$6,678$4,438$2,890$1,852$1,409
35 years$9,415$6,334$4,150$2,660$1,677$1,264
36 years$9,053$6,012$3,882$2,450$1,520$1,133
37 years$8,711$5,710$3,633$2,257$1,377$1,017
38 years$8,388$5,426$3,403$2,081$1,249$913
39 years$8,082$5,160$3,188$1,919$1,132$819
40 years$7,793$4,909$2,988$1,770$1,027$736
41 years$7,518$4,673$2,802$1,633$932$661
42 years$7,257$4,451$2,628$1,507$845$593
43 years$7,009$4,241$2,466$1,391$767$533
44 years$6,772$4,042$2,315$1,284$696$479
45 years$6,547$3,855$2,174$1,186$632$430
46 years$6,333$3,677$2,042$1,096$574$386
47 years$6,128$3,509$1,918$1,012$521$347
48 years$5,932$3,350$1,802$935$473$312
49 years$5,744$3,199$1,694$864$430$280
50 years$5,565$3,056$1,593$799$391$252

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 $5,821 every year, while hoping to spend $22,185 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: 54/17/29 Blend
29$5,700,000$5,700,000$5,700,000$5,700,000
30$6,287,404$5,985,304$5,896,954$6,575,835
31$6,905,115$6,254,980$6,070,898$7,045,811
32$7,585,088$6,537,125$6,249,925$7,554,477
33$8,333,652$6,832,329$6,434,182$8,107,856
34$9,157,779$7,141,207$6,623,821$8,710,255
35$10,065,150$7,464,404$6,818,996$9,366,406
36$11,064,231$7,802,596$7,019,868$10,081,515
37$12,164,350$8,156,490$7,226,602$10,861,308
38$13,375,786$8,526,830$7,439,365$11,712,086
39$14,709,864$8,914,393$7,658,332$12,640,779
40$16,179,065$9,319,994$7,883,681$13,655,012
41$17,797,142$9,744,486$8,115,597$14,763,177
42$19,579,249$10,188,764$8,354,268$15,974,509
43$21,542,085$10,653,766$8,599,888$17,299,170
44$23,704,051$11,140,474$8,852,658$18,748,345
45$26,085,425$11,649,918$9,112,783$20,334,347
46$28,708,552$12,183,177$9,380,474$22,070,728
47$31,598,053$12,741,382$9,655,949$23,972,408
48$34,781,063$13,325,718$9,939,431$26,055,811
49$38,287,479$13,937,426$10,231,150$28,339,020
50$42,150,251$14,577,809$10,531,343$30,841,945
51$46,405,684$15,248,230$10,840,251$33,586,507
52$51,093,790$15,950,119$11,158,125$36,596,845
53$56,258,656$16,684,974$11,485,222$39,899,541
54$61,948,867$17,454,366$11,821,805$43,523,864
55$68,217,963$18,259,941$12,168,147$47,502,050
56$75,124,941$19,103,424$12,524,526$51,869,600
57$82,734,816$19,986,623$12,891,229$56,665,610
58$91,119,234$20,911,434$13,268,551$61,933,141
59$100,357,144$21,879,842$13,656,795$67,719,621
60$110,535,549$22,893,931$14,056,274$74,077,288
61$121,750,323$23,955,882$14,467,308$81,063,681
62$134,107,119$25,067,983$14,890,226$88,742,177
63$147,722,364$26,232,633$15,325,367$97,182,589
64$162,724,358$27,452,345$15,773,079$106,461,819
65$179,254,486$28,729,753$16,233,721$116,664,580
66$197,468,552$30,067,620$16,707,660$127,884,192
67$217,538,252$31,468,841$17,195,274$140,223,455
68$239,652,790$32,936,450$17,696,952$153,795,619
69$264,020,669$34,473,631$18,213,094$168,725,449
70$290,871,655$36,083,716$18,744,110$185,150,390
71$320,458,949$37,770,204$19,290,424$203,221,869
72$353,061,577$39,536,759$19,852,468$223,106,712
73$388,987,020$41,387,223$20,430,688$244,988,713
74$428,574,124$43,325,624$21,025,544$269,070,369
75$472,196,291$45,356,186$21,637,505$295,574,778
76$520,265,008$47,483,334$22,267,057$324,747,744
77$573,233,732$49,711,711$22,914,697$356,860,086
78$631,602,169$52,046,182$23,580,936$392,210,190
79$695,920,993$54,491,847$24,266,300$431,126,818
80$766,797,042$57,054,055$24,971,329$473,972,205
81$844,899,050$59,738,413$25,696,577$521,145,466
82$930,963,956$62,550,799$26,442,616$573,086,358
83$1,025,803,867$65,497,375$27,210,031$630,279,426
84$1,130,313,719$68,584,604$27,999,425$693,258,560
85$1,245,479,728$71,819,260$28,811,415$762,612,032
86$1,372,388,702$75,208,445$29,646,639$838,988,036
87$1,512,238,297$78,759,606$30,505,749$923,100,799
88$1,666,348,328$82,480,551$31,389,416$1,015,737,310
89$1,836,173,226$86,379,468$32,298,331$1,117,764,738
90$2,023,315,772$90,464,938$33,233,201$1,230,138,609
91$2,229,542,222$94,745,962$34,194,755$1,353,911,811
92$2,456,798,991$99,231,975$35,183,741$1,490,244,523
93$2,707,231,018$103,932,873$36,200,927$1,640,415,152
94$2,983,202,026$108,859,028$37,247,103$1,805,832,387
95$3,287,316,831$114,021,318$38,323,078$1,988,048,486
96$3,622,445,934$119,431,148$39,429,687$2,188,773,910
97$3,991,752,623$125,100,479$40,567,786$2,409,893,460
98$4,398,722,836$131,041,848$41,738,252$2,653,484,046
99$4,847,198,071$137,268,404$42,941,990$2,921,834,284
100$5,341,411,654$143,793,936$44,179,926$3,217,466,077