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

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 $5,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$470,701$466,508$462,417$458,425$454,526$446,079
2 years$233,020$228,680$224,474$220,396$216,441$207,962
3 years$153,804$149,445$145,250$141,210$137,319$129,073
4 years$114,203$109,858$105,705$101,734$97,937$89,987
5 years$90,449$86,130$82,031$78,141$74,450$66,819
6 years$74,618$70,332$66,293$62,490$58,910$51,606
7 years$63,315$59,064$55,090$51,377$47,910$40,935
8 years$54,841$50,629$46,721$43,099$39,746$33,098
9 years$48,254$44,082$40,241$36,711$33,472$27,148
10 years$42,987$38,856$35,083$31,645$28,519$22,513
11 years$38,681$34,591$30,886$27,540$24,528$18,832
12 years$35,095$31,047$27,411$24,157$21,255$15,862
13 years$32,063$28,058$24,490$21,327$18,535$13,436
14 years$29,467$25,504$22,004$18,931$16,248$11,434
15 years$27,218$23,298$19,867$16,884$14,306$9,767
16 years$25,253$21,375$18,012$15,117$12,643$8,370
17 years$23,521$19,686$16,390$13,583$11,210$7,192
18 years$21,983$18,191$14,962$12,241$9,968$6,194
19 years$20,608$16,859$13,697$11,061$8,885$5,345
20 years$19,372$15,666$12,571$10,018$7,936$4,620
21 years$18,256$14,592$11,563$9,092$7,102$3,999
22 years$17,242$13,621$10,657$8,266$6,366$3,465
23 years$16,318$12,740$9,840$7,528$5,714$3,006
24 years$15,472$11,936$9,100$6,866$5,136$2,610
25 years$14,695$11,202$8,428$6,271$4,622$2,268
26 years$13,979$10,528$7,817$5,734$4,163$1,972
27 years$13,318$9,908$7,259$5,248$3,753$1,716
28 years$12,704$9,336$6,748$4,808$3,387$1,493
29 years$12,134$8,808$6,279$4,409$3,058$1,300
30 years$11,603$8,318$5,849$4,047$2,763$1,133
31 years$11,107$7,863$5,453$3,717$2,498$987
32 years$10,643$7,440$5,088$3,416$2,260$860
33 years$10,208$7,046$4,750$3,141$2,045$750
34 years$9,799$6,678$4,438$2,890$1,852$654
35 years$9,415$6,334$4,150$2,660$1,677$571
36 years$9,053$6,012$3,882$2,450$1,520$498
37 years$8,711$5,710$3,633$2,257$1,377$434
38 years$8,388$5,426$3,403$2,081$1,249$379
39 years$8,082$5,160$3,188$1,919$1,132$331
40 years$7,793$4,909$2,988$1,770$1,027$289
41 years$7,518$4,673$2,802$1,633$932$252
42 years$7,257$4,451$2,628$1,507$845$220
43 years$7,009$4,241$2,466$1,391$767$192
44 years$6,772$4,042$2,315$1,284$696$168
45 years$6,547$3,855$2,174$1,186$632$146
46 years$6,333$3,677$2,042$1,096$574$128
47 years$6,128$3,509$1,918$1,012$521$112
48 years$5,932$3,350$1,802$935$473$97
49 years$5,744$3,199$1,694$864$430$85
50 years$5,565$3,056$1,593$799$391$74

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 $2,328 every year, while hoping to spend $36,254 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: 48/29/23 Blend
29$5,700,000$5,700,000$5,700,000$5,700,000
30$6,283,801$5,981,701$5,893,351$6,544,282
31$6,886,175$6,236,231$6,052,205$6,981,008
32$7,548,776$6,502,017$6,215,164$7,451,175
33$8,277,709$6,779,573$6,382,330$7,961,011
34$9,079,700$7,069,437$6,553,803$8,514,264
35$9,962,160$7,372,171$6,729,686$9,115,048
36$10,933,256$7,688,363$6,910,087$9,767,887
37$12,001,985$8,018,629$7,095,111$10,477,754
38$13,178,261$8,363,615$7,284,871$11,250,115
39$14,473,007$8,723,996$7,479,477$12,090,981
40$15,898,260$9,100,478$7,679,046$13,006,962
41$17,467,282$9,493,801$7,883,694$14,005,324
42$19,194,688$9,904,740$8,093,540$15,094,064
43$21,096,580$10,334,107$8,308,708$16,281,973
44$23,190,702$10,782,749$8,529,321$17,578,727
45$25,496,606$11,251,556$8,755,505$18,994,968
46$28,035,836$11,741,459$8,987,391$20,542,406
47$30,832,134$12,253,432$9,225,111$22,233,928
48$33,911,657$12,788,497$9,468,798$24,083,711
49$37,303,234$13,347,720$9,718,591$26,107,364
50$41,038,628$13,932,223$9,974,627$28,322,061
51$45,152,841$14,543,175$10,237,051$30,746,708
52$49,684,445$15,181,805$10,506,006$33,402,115
53$54,675,942$15,849,397$10,781,641$36,311,191
54$60,174,168$16,547,297$11,064,106$39,499,154
55$66,230,733$17,276,915$11,353,553$42,993,770
56$72,902,510$18,039,726$11,650,140$46,825,610
57$80,252,170$18,837,276$11,954,023$51,028,330
58$88,348,774$19,671,185$12,265,365$55,638,994
59$97,268,424$20,543,149$12,584,330$60,698,410
60$107,094,983$21,454,942$12,911,085$66,251,520
61$117,920,864$22,408,427$13,245,799$72,347,812
62$129,847,904$23,405,552$13,588,645$79,041,789
63$142,988,324$24,448,358$13,939,798$86,393,474
64$157,465,788$25,538,983$14,299,437$94,468,973
65$173,416,573$26,679,667$14,667,743$103,341,096
66$190,990,850$27,872,758$15,044,899$113,090,034
67$210,354,105$29,120,711$15,431,091$123,804,117
68$231,688,702$30,426,104$15,826,511$135,580,634
69$255,195,599$31,791,633$16,231,349$148,526,754
70$281,096,252$33,220,124$16,645,800$162,760,521
71$309,634,698$34,714,538$17,070,063$178,411,971
72$341,079,864$36,277,978$17,504,337$195,624,347
73$375,728,103$37,913,692$17,948,826$214,555,445
74$413,905,993$39,625,087$18,403,735$235,379,096
75$455,973,417$41,415,729$18,869,272$258,286,799
76$502,326,962$43,289,356$19,345,650$283,489,521
77$553,403,663$45,249,885$19,833,079$311,219,677
78$609,685,127$47,301,419$20,331,778$341,733,320
79$671,702,080$49,448,259$20,841,963$375,312,541
80$740,039,379$51,694,910$21,363,854$412,268,130
81$815,341,527$54,046,093$21,897,676$452,942,493
82$898,318,766$56,506,755$22,443,651$497,712,878
83$989,753,774$59,082,080$23,002,007$546,994,923
84$1,090,509,058$61,777,500$23,572,973$601,246,565
85$1,201,535,093$64,598,709$24,156,779$660,972,355
86$1,323,879,298$67,551,671$24,753,656$726,728,207
87$1,458,695,922$70,642,639$25,363,840$799,126,630
88$1,607,256,942$73,878,163$25,987,564$878,842,497
89$1,770,964,067$77,265,110$26,625,064$966,619,403
90$1,951,361,977$80,810,676$27,276,579$1,063,276,667
91$2,150,152,901$84,522,401$27,942,347$1,169,717,051
92$2,369,212,687$88,408,189$28,622,605$1,286,935,265
93$2,610,608,513$92,476,322$29,317,595$1,416,027,341
94$2,876,618,401$96,735,482$30,027,554$1,558,200,961
95$3,169,752,725$101,194,767$30,752,724$1,714,786,836
96$3,492,777,905$105,863,713$31,493,343$1,887,251,251
97$3,848,742,532$110,752,316$32,249,650$2,077,209,886
98$4,241,006,141$115,871,050$33,021,884$2,286,443,046
99$4,673,270,932$121,230,896$33,810,282$2,516,912,443
100$5,149,616,720$126,843,363$34,615,079$2,770,779,693