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%15.3%
1 years$503,732$499,245$494,868$490,595$486,423$475,824
2 years$249,372$244,728$240,227$235,863$231,630$221,005
3 years$164,597$159,933$155,443$151,120$146,955$136,636
4 years$122,217$117,567$113,123$108,873$104,810$94,876
5 years$96,796$92,174$87,788$83,625$79,675$70,154
6 years$79,855$75,267$70,946$66,876$63,044$53,947
7 years$67,758$63,209$58,956$54,982$51,272$42,599
8 years$58,690$54,182$49,999$46,123$42,535$34,284
9 years$51,640$47,175$43,064$39,287$35,820$27,986
10 years$46,004$41,583$37,545$33,866$30,521$23,094
11 years$41,396$37,019$33,054$29,473$26,249$19,221
12 years$37,558$33,226$29,334$25,852$22,747$16,106
13 years$34,313$30,026$26,208$22,823$19,836$13,570
14 years$31,535$27,293$23,548$20,260$17,388$11,485
15 years$29,129$24,933$21,261$18,068$15,310$9,757
16 years$27,025$22,875$19,276$16,178$13,531$8,314
17 years$25,171$21,067$17,540$14,536$11,997$7,104
18 years$23,525$19,467$16,012$13,100$10,667$6,082
19 years$22,054$18,042$14,658$11,837$9,508$5,217
20 years$20,732$16,766$13,453$10,721$8,493$4,482
21 years$19,537$15,616$12,374$9,730$7,600$3,856
22 years$18,452$14,577$11,405$8,846$6,812$3,321
23 years$17,463$13,634$10,530$8,057$6,115$2,863
24 years$16,558$12,774$9,739$7,348$5,496$2,470
25 years$15,727$11,988$9,020$6,711$4,946$2,133
26 years$14,960$11,267$8,365$6,136$4,455$1,843
27 years$14,252$10,603$7,768$5,616$4,017$1,593
28 years$13,596$9,991$7,221$5,146$3,624$1,377
29 years$12,985$9,426$6,720$4,719$3,273$1,192
30 years$12,417$8,902$6,260$4,331$2,957$1,031
31 years$11,886$8,415$5,836$3,977$2,673$893
32 years$11,390$7,962$5,445$3,655$2,418$773
33 years$10,924$7,540$5,084$3,361$2,189$669
34 years$10,487$7,147$4,750$3,093$1,982$580
35 years$10,076$6,778$4,441$2,847$1,795$502
36 years$9,688$6,434$4,154$2,622$1,626$435
37 years$9,322$6,111$3,888$2,416$1,474$377
38 years$8,977$5,807$3,641$2,227$1,336$327
39 years$8,650$5,522$3,412$2,053$1,212$283
40 years$8,340$5,254$3,198$1,894$1,099$246
41 years$8,046$5,001$2,998$1,747$997$213
42 years$7,766$4,763$2,813$1,613$905$185
43 years$7,501$4,538$2,639$1,489$821$160
44 years$7,248$4,326$2,477$1,374$745$139
45 years$7,007$4,125$2,326$1,269$677$120
46 years$6,777$3,935$2,185$1,172$614$104
47 years$6,558$3,755$2,053$1,083$558$91
48 years$6,348$3,585$1,929$1,001$507$78
49 years$6,148$3,423$1,813$925$460$68
50 years$5,956$3,270$1,704$855$418$59

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 $6,450 every year, while hoping to spend $34,409 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: 63/32/5 Blend
29$6,100,000$6,100,000$6,100,000$6,100,000
30$6,728,853$6,405,553$6,311,003$7,147,368
31$7,378,585$6,682,814$6,485,811$7,704,086
32$8,093,437$6,972,508$6,665,321$8,306,994
33$8,880,014$7,275,207$6,849,656$8,964,315
34$9,745,594$7,591,512$7,038,939$9,681,311
35$10,698,198$7,922,049$7,233,297$10,463,768
36$11,746,663$8,267,478$7,432,860$11,318,047
37$12,900,724$8,628,485$7,637,762$12,251,147
38$14,171,110$9,005,793$7,848,139$13,270,764
39$15,569,642$9,400,157$8,064,131$14,385,368
40$17,109,347$9,812,366$8,285,881$15,604,273
41$18,804,577$10,243,248$8,513,535$16,937,731
42$20,671,148$10,693,672$8,747,242$18,397,019
43$22,726,487$11,164,543$8,987,157$19,994,551
44$24,989,798$11,656,815$9,233,436$21,743,986
45$27,482,240$12,171,482$9,486,239$23,660,357
46$30,227,131$12,709,587$9,745,730$25,760,211
47$33,250,165$13,272,223$10,012,078$28,061,761
48$36,579,653$13,860,534$10,285,455$30,585,058
49$40,246,796$14,475,718$10,566,036$33,352,172
50$44,285,972$15,119,031$10,854,001$36,387,402
51$48,735,065$15,791,788$11,149,534$39,717,502
52$53,635,821$16,495,365$11,452,823$43,371,925
53$59,034,243$17,231,205$11,764,060$47,383,103
54$64,981,021$18,000,820$12,083,442$51,786,749
55$71,532,018$18,805,792$12,411,169$56,622,184
56$78,748,788$19,647,781$12,747,448$61,932,713
57$86,699,165$20,528,523$13,092,488$67,766,024
58$95,457,898$21,449,838$13,446,504$74,174,633
59$105,107,356$22,413,633$13,809,715$81,216,379
60$115,738,312$23,421,907$14,182,346$88,954,964
61$127,450,790$24,476,750$14,564,625$97,460,544
62$140,355,016$25,580,357$14,956,786$106,810,395
63$154,572,458$26,735,024$15,359,068$117,089,629
64$170,236,967$27,943,159$15,771,715$128,391,995
65$187,496,047$29,207,283$16,194,977$140,820,759
66$206,512,243$30,530,039$16,629,107$154,489,669
67$227,464,676$31,914,195$17,074,367$169,524,027
68$250,550,735$33,362,653$17,531,020$186,061,857
69$275,987,939$34,878,451$17,999,338$204,255,211
70$304,015,990$36,464,777$18,479,597$224,271,586
71$334,899,037$38,124,967$18,972,080$246,295,507
72$368,928,167$39,862,518$19,477,073$270,530,253
73$406,424,155$41,681,097$19,994,870$297,199,772
74$447,740,491$43,584,544$20,525,771$326,550,781
75$493,266,718$45,576,883$21,070,081$358,855,092
76$543,432,106$47,662,332$21,628,111$394,412,162
77$598,709,707$49,845,313$22,200,179$433,551,914
78$659,620,820$52,130,457$22,786,608$476,637,836
79$726,739,913$54,522,618$23,387,728$524,070,406
80$800,700,043$57,026,885$24,003,876$576,290,854
81$882,198,835$59,648,590$24,635,394$633,785,323
82$972,005,066$62,393,321$25,282,629$697,089,439
83$1,070,965,924$65,266,936$25,945,939$766,793,353
84$1,180,015,005$68,275,572$26,625,685$843,547,305
85$1,300,181,125$71,425,664$27,322,234$928,067,739
86$1,432,598,033$74,723,955$28,035,962$1,021,144,057
87$1,578,515,117$78,177,513$28,767,251$1,123,646,049
88$1,739,309,193$81,793,746$29,516,489$1,236,532,093
89$1,916,497,510$85,580,419$30,284,071$1,360,858,181
90$2,111,752,067$89,545,670$31,070,398$1,497,787,867
91$2,326,915,401$93,698,030$31,875,879$1,648,603,237
92$2,564,017,980$98,046,442$32,700,929$1,814,716,988
93$2,825,297,374$102,600,278$33,545,971$1,997,685,744
94$3,113,219,378$107,369,364$34,411,432$2,199,224,728
95$3,430,501,289$112,363,997$35,297,750$2,421,223,930
96$3,780,137,561$117,594,973$36,205,365$2,665,765,928
97$4,165,428,074$123,073,609$37,134,727$2,935,145,520
98$4,590,009,290$128,811,768$38,086,292$3,231,891,361
99$5,057,888,577$134,821,884$39,060,523$3,558,789,806
100$5,573,482,049$141,116,994$40,057,887$3,918,911,187