Can I retire at age 30 with 6,100,000?

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 $6,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$503,732$499,245$494,868$490,595$486,423$468,605
2 years$249,372$244,728$240,227$235,863$231,630$213,877
3 years$164,597$159,933$155,443$151,120$146,955$129,826
4 years$122,217$117,567$113,123$108,873$104,810$88,435
5 years$96,796$92,174$87,788$83,625$79,675$64,096
6 years$79,855$75,267$70,946$66,876$63,044$48,273
7 years$67,758$63,209$58,956$54,982$51,272$37,305
8 years$58,690$54,182$49,999$46,123$42,535$29,360
9 years$51,640$47,175$43,064$39,287$35,820$23,419
10 years$46,004$41,583$37,545$33,866$30,521$18,872
11 years$41,396$37,019$33,054$29,473$26,249$15,327
12 years$37,558$33,226$29,334$25,852$22,747$12,525
13 years$34,313$30,026$26,208$22,823$19,836$10,286
14 years$31,535$27,293$23,548$20,260$17,388$8,480
15 years$29,129$24,933$21,261$18,068$15,310$7,013
16 years$27,025$22,875$19,276$16,178$13,531$5,816
17 years$25,171$21,067$17,540$14,536$11,997$4,833
18 years$23,525$19,467$16,012$13,100$10,667$4,023
19 years$22,054$18,042$14,658$11,837$9,508$3,353
20 years$20,732$16,766$13,453$10,721$8,493$2,799
21 years$19,537$15,616$12,374$9,730$7,600$2,338
22 years$18,452$14,577$11,405$8,846$6,812$1,955
23 years$17,463$13,634$10,530$8,057$6,115$1,636
24 years$16,558$12,774$9,739$7,348$5,496$1,369
25 years$15,727$11,988$9,020$6,711$4,946$1,147
26 years$14,960$11,267$8,365$6,136$4,455$961
27 years$14,252$10,603$7,768$5,616$4,017$806
28 years$13,596$9,991$7,221$5,146$3,624$675
29 years$12,985$9,426$6,720$4,719$3,273$566
30 years$12,417$8,902$6,260$4,331$2,957$475
31 years$11,886$8,415$5,836$3,977$2,673$399
32 years$11,390$7,962$5,445$3,655$2,418$334
33 years$10,924$7,540$5,084$3,361$2,189$281
34 years$10,487$7,147$4,750$3,093$1,982$235
35 years$10,076$6,778$4,441$2,847$1,795$198
36 years$9,688$6,434$4,154$2,622$1,626$166
37 years$9,322$6,111$3,888$2,416$1,474$139
38 years$8,977$5,807$3,641$2,227$1,336$117
39 years$8,650$5,522$3,412$2,053$1,212$98
40 years$8,340$5,254$3,198$1,894$1,099$82
41 years$8,046$5,001$2,998$1,747$997$69
42 years$7,766$4,763$2,813$1,613$905$58
43 years$7,501$4,538$2,639$1,489$821$49
44 years$7,248$4,326$2,477$1,374$745$41
45 years$7,007$4,125$2,326$1,269$677$34
46 years$6,777$3,935$2,185$1,172$614$29
47 years$6,558$3,755$2,053$1,083$558$24
48 years$6,348$3,585$1,929$1,001$507$20
49 years$6,148$3,423$1,813$925$460$17
50 years$5,956$3,270$1,704$855$418$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $6,100,000, adding $4,723 every year, while hoping to spend $25,434 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: 66/18/16 Blend
29$6,100,000$6,100,000$6,100,000$6,100,000
30$6,727,072$6,403,772$6,309,222$7,144,790
31$7,386,172$6,690,495$6,493,519$7,711,383
32$8,111,647$6,990,415$6,683,138$8,327,092
33$8,910,242$7,304,152$6,878,230$8,999,498
34$9,789,386$7,632,355$7,078,950$9,734,153
35$10,757,268$7,975,705$7,285,459$10,537,169
36$11,822,908$8,334,914$7,497,921$11,415,268
37$12,996,248$8,710,728$7,716,505$12,375,849
38$14,288,242$9,103,931$7,941,385$13,427,056
39$15,710,961$9,515,341$8,172,739$14,577,854
40$17,277,704$9,945,818$8,410,751$15,838,107
41$19,003,128$10,396,262$8,655,610$17,218,677
42$20,903,384$10,867,614$8,907,509$18,731,520
43$22,996,266$11,360,864$9,166,647$20,389,799
44$25,301,385$11,877,047$9,433,230$22,208,007
45$27,840,351$12,417,247$9,707,468$24,202,100
46$30,636,975$12,982,600$9,989,576$26,389,647
47$33,717,497$13,574,299$10,279,778$28,789,996
48$37,110,833$14,193,590$10,578,302$31,424,450
49$40,848,845$14,841,783$10,885,382$34,316,468
50$44,966,644$15,520,247$11,201,259$37,491,889
51$49,502,922$16,230,420$11,526,181$40,979,164
52$54,500,315$16,973,806$11,860,404$44,809,630
53$60,005,808$17,751,982$12,204,188$49,017,801
54$66,071,174$18,566,603$12,557,802$53,641,691
55$72,753,468$19,419,401$12,921,522$58,723,169
56$80,115,561$20,312,191$13,295,633$64,308,353
57$88,226,737$21,246,878$13,680,425$70,448,041
58$97,163,344$22,225,454$14,076,199$77,198,189
59$107,009,515$23,250,011$14,483,262$84,620,436
60$117,857,964$24,322,741$14,901,930$92,782,679
61$129,810,860$25,445,938$15,332,528$101,759,716
62$142,980,789$26,622,011$15,775,389$111,633,943
63$157,491,822$27,853,482$16,230,857$122,496,131
64$173,480,681$29,142,995$16,699,283$134,446,280
65$191,098,031$30,493,322$17,181,030$147,594,555
66$210,509,903$31,907,368$17,676,468$162,062,323
67$231,899,263$33,388,179$18,185,979$177,983,297
68$255,467,734$34,938,946$18,709,955$195,504,790
69$281,437,503$36,563,015$19,248,799$214,789,102
70$310,053,419$38,263,893$19,802,924$236,015,045
71$341,585,300$40,045,257$20,372,755$259,379,631
72$376,330,487$41,910,960$20,958,728$285,099,918
73$414,616,642$43,865,042$21,561,291$313,415,062
74$456,804,849$45,911,739$22,180,904$344,588,561
75$503,293,018$48,055,489$22,818,039$378,910,739
76$554,519,644$50,300,946$23,473,182$416,701,483
77$610,967,944$52,652,989$24,146,830$458,313,248
78$673,170,421$55,116,731$24,839,495$504,134,385
79$741,713,888$57,697,536$25,551,702$554,592,796
80$817,245,012$60,401,022$26,283,991$610,159,965
81$900,476,413$63,233,082$27,036,915$671,355,398
82$992,193,399$66,199,895$27,811,043$738,751,527
83$1,093,261,372$69,307,935$28,606,959$812,979,096
84$1,204,634,001$72,563,994$29,425,262$894,733,109
85$1,327,362,228$75,975,188$30,266,567$984,779,382
86$1,462,604,184$79,548,981$31,131,505$1,083,961,762
87$1,611,636,126$83,293,197$32,020,726$1,193,210,081
88$1,775,864,485$87,216,038$32,934,895$1,313,548,924
89$1,956,839,144$91,326,104$33,874,695$1,446,107,287
90$2,156,268,066$95,632,413$34,840,827$1,592,129,228
91$2,376,033,426$100,144,419$35,834,012$1,752,985,592
92$2,618,209,372$104,872,032$36,854,987$1,930,186,944
93$2,885,081,611$109,825,644$37,904,513$2,125,397,813
94$3,179,168,988$115,016,153$38,983,366$2,340,452,390
95$3,503,247,262$120,454,982$40,092,346$2,577,371,831
96$3,860,375,315$126,154,109$41,232,273$2,838,383,320
97$4,253,924,031$132,126,094$42,403,987$3,125,941,078
98$4,687,608,114$138,384,104$43,608,353$3,442,749,515
99$5,165,521,164$144,941,948$44,846,255$3,791,788,741
100$5,692,174,321$151,814,102$46,118,603$4,176,342,683