Can I retire at age 30 with 5,900,000?

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 $5,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$487,216$482,877$478,642$474,510$470,474$454,324
2 years$241,196$236,704$232,351$228,130$224,035$207,929
3 years$159,200$154,689$150,346$146,165$142,137$126,580
4 years$118,210$113,713$109,414$105,304$101,373$86,485
5 years$93,623$89,152$84,909$80,883$77,063$62,882
6 years$77,236$72,799$68,619$64,683$60,977$47,515
7 years$65,536$61,137$57,023$53,179$49,591$36,845
8 years$56,765$52,406$48,360$44,611$41,140$29,101
9 years$49,947$45,628$41,653$37,999$34,646$23,299
10 years$44,496$40,219$36,314$32,755$29,520$18,846
11 years$40,038$35,805$31,970$28,507$25,388$15,366
12 years$36,327$32,136$28,373$25,004$22,001$12,607
13 years$33,188$29,042$25,349$22,075$19,185$10,395
14 years$30,501$26,398$22,776$19,596$16,818$8,606
15 years$28,174$24,115$20,564$17,476$14,808$7,148
16 years$26,139$22,125$18,644$15,648$13,087$5,953
17 years$24,346$20,377$16,965$14,059$11,604$4,969
18 years$22,754$18,829$15,487$12,670$10,318$4,155
19 years$21,331$17,450$14,178$11,449$9,196$3,479
20 years$20,052$16,216$13,012$10,369$8,214$2,917
21 years$18,897$15,104$11,968$9,411$7,351$2,449
22 years$17,847$14,099$11,031$8,556$6,589$2,057
23 years$16,891$13,187$10,185$7,792$5,915$1,729
24 years$16,015$12,355$9,419$7,107$5,316$1,455
25 years$15,211$11,595$8,724$6,491$4,784$1,224
26 years$14,470$10,897$8,091$5,935$4,309$1,031
27 years$13,785$10,256$7,513$5,432$3,885$868
28 years$13,150$9,664$6,985$4,977$3,506$731
29 years$12,560$9,117$6,500$4,564$3,165$616
30 years$12,010$8,610$6,054$4,189$2,860$520
31 years$11,497$8,139$5,644$3,847$2,586$438
32 years$11,016$7,701$5,266$3,535$2,339$369
33 years$10,566$7,293$4,917$3,251$2,117$311
34 years$10,143$6,912$4,594$2,991$1,917$263
35 years$9,745$6,556$4,295$2,754$1,736$222
36 years$9,371$6,223$4,018$2,536$1,573$187
37 years$9,017$5,910$3,761$2,337$1,426$158
38 years$8,682$5,617$3,522$2,154$1,292$133
39 years$8,366$5,341$3,300$1,986$1,172$112
40 years$8,066$5,082$3,093$1,832$1,063$95
41 years$7,782$4,837$2,900$1,690$964$80
42 years$7,512$4,607$2,720$1,560$875$67
43 years$7,255$4,389$2,553$1,440$794$57
44 years$7,010$4,184$2,396$1,329$721$48
45 years$6,777$3,990$2,250$1,228$654$40
46 years$6,555$3,806$2,113$1,134$594$34
47 years$6,343$3,632$1,985$1,048$540$29
48 years$6,140$3,467$1,866$968$490$24
49 years$5,946$3,311$1,754$895$445$21
50 years$5,760$3,163$1,649$827$404$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $5,900,000, adding $6,436 every year, while hoping to spend $52,189 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: 68/14/18 Blend
29$5,900,000$5,900,000$5,900,000$5,900,000
30$6,508,439$6,195,739$6,104,289$6,922,105
31$7,116,771$6,443,801$6,253,254$7,447,220
32$7,785,404$6,702,270$6,405,460$8,014,684
33$8,520,433$6,971,599$6,560,961$8,634,115
34$9,328,574$7,252,264$6,719,810$9,310,626
35$10,217,225$7,544,762$6,882,060$10,049,844
36$11,194,539$7,849,612$7,047,766$10,857,963
37$12,269,496$8,167,358$7,216,981$11,741,804
38$13,451,993$8,498,566$7,389,757$12,708,876
39$14,752,930$8,843,830$7,566,148$13,767,444
40$16,184,321$9,203,770$7,746,207$14,926,613
41$17,759,402$9,579,034$7,929,985$16,196,406
42$19,492,756$9,970,302$8,117,534$17,587,859
43$21,400,452$10,378,282$8,308,906$19,113,130
44$23,500,195$10,803,714$8,504,152$20,785,602
45$25,811,494$11,247,375$8,703,320$22,620,020
46$28,355,845$11,710,076$8,906,460$24,632,619
47$31,156,935$12,192,663$9,113,620$26,841,284
48$34,240,863$12,696,024$9,324,847$29,265,711
49$37,636,388$13,221,086$9,540,186$31,927,595
50$41,375,200$13,768,820$9,759,683$34,850,836
51$45,492,218$14,340,239$9,983,379$38,061,757
52$50,025,919$14,936,406$10,211,317$41,589,354
53$55,018,702$15,558,429$10,443,536$45,465,573
54$60,517,289$16,207,472$10,680,074$49,725,600
55$66,573,162$16,884,747$10,920,966$54,408,200
56$73,243,052$17,591,527$11,166,246$59,556,079
57$80,589,473$18,329,142$11,415,944$65,216,283
58$88,681,311$19,098,981$11,670,090$71,440,642
59$97,594,475$19,902,502$11,928,709$78,286,259
60$107,412,614$20,741,227$12,191,823$85,816,045
61$118,227,903$21,616,750$12,459,452$94,099,310
62$130,141,917$22,530,738$12,731,611$103,212,418
63$143,266,585$23,484,937$13,008,313$113,239,504
64$157,725,251$24,481,173$13,289,565$124,273,267
65$173,653,833$25,521,357$13,575,372$136,415,839
66$191,202,109$26,607,488$13,865,732$149,779,753
67$210,535,130$27,741,662$14,160,640$164,488,999
68$231,834,778$28,926,067$14,460,086$180,680,190
69$255,301,479$30,162,998$14,764,052$198,503,852
70$281,156,099$31,454,854$15,072,517$218,125,844
71$309,642,028$32,804,149$15,385,453$239,728,914
72$341,027,473$34,213,510$15,702,825$263,514,429
73$375,607,996$35,685,693$16,024,589$289,704,265
74$413,709,297$37,223,577$16,350,699$318,542,905
75$455,690,293$38,830,181$16,681,095$350,299,739
76$501,946,504$40,508,661$17,015,713$385,271,608
77$552,913,787$42,262,324$17,354,479$423,785,595
78$609,072,447$44,094,633$17,697,308$466,202,118
79$670,951,777$46,009,210$18,044,108$512,918,320
80$739,135,048$48,009,850$18,394,775$564,371,822
81$814,265,017$50,100,527$18,749,195$621,044,843
82$897,049,996$52,285,401$19,107,240$683,468,751
83$988,270,537$54,568,826$19,468,773$752,229,075
84$1,088,786,798$56,955,365$19,833,643$827,971,025
85$1,199,546,666$59,449,793$20,201,686$911,405,584
86$1,321,594,705$62,057,112$20,572,721$1,003,316,204
87$1,456,082,014$64,782,559$20,946,556$1,104,566,210
88$1,604,277,095$67,631,620$21,322,981$1,216,106,932
89$1,767,577,827$70,610,038$21,701,770$1,338,986,688
90$1,947,524,665$73,723,829$22,082,678$1,474,360,672
91$2,145,815,178$76,979,294$22,465,446$1,623,501,851
92$2,364,320,078$80,383,032$22,849,790$1,787,812,981
93$2,605,100,878$83,941,952$23,235,410$1,968,839,835
94$2,870,429,354$87,663,295$23,621,983$2,168,285,797
95$3,162,808,993$91,554,641$24,009,164$2,388,027,928
96$3,484,998,624$95,623,932$24,396,585$2,630,134,685
97$3,840,038,466$99,879,486$24,783,852$2,896,885,435
98$4,231,278,826$104,330,018$25,170,548$3,190,791,967
99$4,662,411,730$108,984,652$25,556,225$3,514,622,197
100$5,137,505,778$113,852,952$25,940,410$3,871,426,287