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%12.6%
1 years$487,216$482,877$478,642$474,510$470,474$465,367
2 years$241,196$236,704$232,351$228,130$224,035$218,893
3 years$159,200$154,689$150,346$146,165$142,137$137,120
4 years$118,210$113,713$109,414$105,304$101,373$96,519
5 years$93,623$89,152$84,909$80,883$77,063$72,386
6 years$77,236$72,799$68,619$64,683$60,977$56,483
7 years$65,536$61,137$57,023$53,179$49,591$45,282
8 years$56,765$52,406$48,360$44,611$41,140$37,016
9 years$49,947$45,628$41,653$37,999$34,646$30,705
10 years$44,496$40,219$36,314$32,755$29,520$25,759
11 years$40,038$35,805$31,970$28,507$25,388$21,805
12 years$36,327$32,136$28,373$25,004$22,001$18,591
13 years$33,188$29,042$25,349$22,075$19,185$15,945
14 years$30,501$26,398$22,776$19,596$16,818$13,743
15 years$28,174$24,115$20,564$17,476$14,808$11,893
16 years$26,139$22,125$18,644$15,648$13,087$10,328
17 years$24,346$20,377$16,965$14,059$11,604$8,995
18 years$22,754$18,829$15,487$12,670$10,318$7,854
19 years$21,331$17,450$14,178$11,449$9,196$6,872
20 years$20,052$16,216$13,012$10,369$8,214$6,024
21 years$18,897$15,104$11,968$9,411$7,351$5,289
22 years$17,847$14,099$11,031$8,556$6,589$4,650
23 years$16,891$13,187$10,185$7,792$5,915$4,093
24 years$16,015$12,355$9,419$7,107$5,316$3,607
25 years$15,211$11,595$8,724$6,491$4,784$3,182
26 years$14,470$10,897$8,091$5,935$4,309$2,809
27 years$13,785$10,256$7,513$5,432$3,885$2,481
28 years$13,150$9,664$6,985$4,977$3,506$2,193
29 years$12,560$9,117$6,500$4,564$3,165$1,939
30 years$12,010$8,610$6,054$4,189$2,860$1,716
31 years$11,497$8,139$5,644$3,847$2,586$1,519
32 years$11,016$7,701$5,266$3,535$2,339$1,345
33 years$10,566$7,293$4,917$3,251$2,117$1,192
34 years$10,143$6,912$4,594$2,991$1,917$1,056
35 years$9,745$6,556$4,295$2,754$1,736$936
36 years$9,371$6,223$4,018$2,536$1,573$830
37 years$9,017$5,910$3,761$2,337$1,426$736
38 years$8,682$5,617$3,522$2,154$1,292$652
39 years$8,366$5,341$3,300$1,986$1,172$579
40 years$8,066$5,082$3,093$1,832$1,063$513
41 years$7,782$4,837$2,900$1,690$964$455
42 years$7,512$4,607$2,720$1,560$875$404
43 years$7,255$4,389$2,553$1,440$794$359
44 years$7,010$4,184$2,396$1,329$721$318
45 years$6,777$3,990$2,250$1,228$654$283
46 years$6,555$3,806$2,113$1,134$594$251
47 years$6,343$3,632$1,985$1,048$540$223
48 years$6,140$3,467$1,866$968$490$198
49 years$5,946$3,311$1,754$895$445$175
50 years$5,760$3,163$1,649$827$404$156

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 $2,799 every year, while hoping to spend $38,139 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: 81/10/9 Blend
29$5,900,000$5,900,000$5,900,000$5,900,000
30$6,504,687$6,191,987$6,100,537$7,022,933
31$7,127,586$6,454,815$6,264,326$7,625,686
32$7,812,742$6,729,243$6,432,323$8,281,799
33$8,566,465$7,015,800$6,604,629$9,000,794
34$9,395,708$7,315,037$6,781,348$9,788,943
35$10,308,131$7,627,535$6,962,583$10,653,156
36$11,312,174$7,953,898$7,148,444$11,601,039
37$12,417,136$8,294,759$7,339,037$12,640,970
38$13,633,265$8,650,784$7,534,476$13,782,176
39$14,971,851$9,022,665$7,734,874$15,034,819
40$16,445,335$9,411,131$7,940,347$16,410,091
41$18,067,424$9,816,941$8,151,014$17,920,318
42$19,853,223$10,240,893$8,366,995$19,579,077
43$21,819,376$10,683,821$8,588,413$21,401,326
44$23,984,222$11,146,597$8,815,394$23,403,536
45$26,367,969$11,630,137$9,048,066$25,603,855
46$28,992,885$12,135,397$9,286,560$28,022,271
47$31,883,506$12,663,379$9,531,007$30,680,805
48$35,066,872$13,215,133$9,781,544$33,603,714
49$38,572,776$13,791,757$10,038,308$36,817,720
50$42,434,047$14,394,401$10,301,440$40,352,263
51$46,686,864$15,024,271$10,571,082$44,239,775
52$51,371,092$15,682,628$10,847,381$48,515,987
53$56,530,659$16,370,792$11,130,484$53,220,263
54$62,213,973$17,090,148$11,420,542$58,395,972
55$68,474,376$17,842,143$11,717,708$64,090,895
56$75,370,650$18,628,295$12,022,139$70,357,674
57$82,967,568$19,450,193$12,333,992$77,254,310
58$91,336,508$20,309,502$12,653,430$84,844,707
59$100,556,128$21,207,963$12,980,615$93,199,273
60$110,713,102$22,147,402$13,315,715$102,395,584
61$121,902,946$23,129,732$13,658,899$112,519,114
62$134,230,912$24,156,955$14,010,338$123,664,042
63$147,812,988$25,231,169$14,370,207$135,934,136
64$162,776,988$26,354,571$14,738,684$149,443,732
65$179,263,758$27,529,462$15,115,947$164,318,811
66$197,428,509$28,758,254$15,502,179$180,698,190
67$217,442,280$30,043,471$15,897,565$198,734,821
68$239,493,552$31,387,761$16,302,293$218,597,242
69$263,790,026$32,793,893$16,716,552$240,471,162
70$290,560,588$34,264,772$17,140,535$264,561,208
71$320,057,461$35,803,440$17,574,437$291,092,861
72$352,558,596$37,413,083$18,018,454$320,314,576
73$388,370,288$39,097,039$18,472,788$352,500,128
74$427,830,071$40,858,807$18,937,639$387,951,192
75$471,309,900$42,702,050$19,413,212$427,000,188
76$519,219,669$44,630,609$19,899,713$470,013,417
77$572,011,072$46,648,507$20,397,351$517,394,512
78$630,181,876$48,759,958$20,906,337$569,588,251
79$694,280,610$50,969,379$21,426,882$627,084,747
80$764,911,751$53,281,397$21,959,201$690,424,074
81$842,741,426$55,700,862$22,503,511$760,201,358
82$928,503,701$58,232,853$23,060,028$837,072,395
83$1,023,007,511$60,882,696$23,628,971$921,759,838
84$1,127,144,298$63,655,968$24,210,562$1,015,060,010
85$1,241,896,422$66,558,517$24,805,022$1,117,850,421
86$1,368,346,440$69,596,468$25,412,574$1,231,098,047
87$1,507,687,323$72,776,240$26,033,441$1,355,868,450
88$1,661,233,716$76,104,562$26,667,847$1,493,335,840
89$1,830,434,354$79,588,484$27,316,019$1,644,794,144
90$2,016,885,732$83,235,395$27,978,180$1,811,669,224
91$2,222,347,185$87,053,036$28,654,556$1,995,532,331
92$2,448,757,487$91,049,524$29,345,373$2,198,114,927
93$2,698,253,163$95,233,364$30,050,856$2,421,325,030
94$2,973,188,654$99,613,467$30,771,228$2,667,265,217
95$3,276,158,545$104,199,175$31,506,713$2,938,252,471
96$3,610,022,062$109,000,280$32,257,533$3,236,840,039
97$3,977,930,061$114,027,043$33,023,909$3,565,841,538
98$4,383,354,777$119,290,218$33,806,059$3,928,357,503
99$4,830,122,603$124,801,077$34,604,202$4,327,804,653
100$5,322,450,216$130,571,437$35,418,549$4,767,948,137