Can I retire at age 30 with 4,400,000?

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 $4,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$363,348$360,111$356,954$353,872$350,862$339,359
2 years$179,875$176,525$173,278$170,131$167,077$155,598
3 years$118,726$115,361$112,123$109,004$106,001$94,905
4 years$88,157$84,803$81,597$78,531$75,601$64,974
5 years$69,820$66,486$63,322$60,320$57,470$47,341
6 years$57,600$54,291$51,174$48,238$45,474$35,851
7 years$48,875$45,594$42,526$39,659$36,983$27,864
8 years$42,334$39,082$36,065$33,269$30,681$22,060
9 years$37,249$34,028$31,063$28,338$25,838$17,705
10 years$33,183$29,994$27,081$24,428$22,015$14,357
11 years$29,859$26,702$23,842$21,259$18,934$11,736
12 years$27,091$23,966$21,159$18,647$16,407$9,655
13 years$24,751$21,658$18,904$16,463$14,308$7,983
14 years$22,746$19,687$16,986$14,614$12,542$6,627
15 years$21,011$17,984$15,336$13,033$11,043$5,520
16 years$19,494$16,500$13,904$11,670$9,760$4,611
17 years$18,156$15,196$12,652$10,485$8,654$3,860
18 years$16,969$14,042$11,550$9,449$7,694$3,237
19 years$15,908$13,014$10,573$8,538$6,858$2,719
20 years$14,954$12,093$9,704$7,733$6,126$2,287
21 years$14,092$11,264$8,925$7,018$5,482$1,925
22 years$13,310$10,515$8,226$6,381$4,914$1,622
23 years$12,597$9,834$7,595$5,811$4,411$1,368
24 years$11,944$9,214$7,024$5,300$3,965$1,155
25 years$11,344$8,647$6,506$4,841$3,568$975
26 years$10,791$8,127$6,034$4,426$3,214$823
27 years$10,280$7,648$5,603$4,051$2,897$696
28 years$9,807$7,207$5,209$3,712$2,614$588
29 years$9,367$6,799$4,847$3,404$2,361$497
30 years$8,956$6,421$4,515$3,124$2,133$421
31 years$8,574$6,070$4,209$2,869$1,928$356
32 years$8,216$5,743$3,927$2,637$1,744$301
33 years$7,880$5,439$3,667$2,425$1,579$255
34 years$7,564$5,155$3,426$2,231$1,429$215
35 years$7,268$4,889$3,203$2,054$1,295$182
36 years$6,988$4,641$2,997$1,891$1,173$154
37 years$6,724$4,408$2,805$1,743$1,063$131
38 years$6,475$4,189$2,627$1,606$964$111
39 years$6,239$3,983$2,461$1,481$874$94
40 years$6,015$3,790$2,306$1,366$793$79
41 years$5,803$3,607$2,163$1,260$719$67
42 years$5,602$3,436$2,029$1,163$653$57
43 years$5,410$3,273$1,904$1,074$592$48
44 years$5,228$3,120$1,787$991$538$41
45 years$5,054$2,975$1,678$916$488$34
46 years$4,888$2,838$1,576$846$443$29
47 years$4,730$2,709$1,481$781$402$25
48 years$4,579$2,586$1,391$722$365$21
49 years$4,434$2,469$1,308$667$332$18
50 years$4,296$2,359$1,229$617$301$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $4,400,000, adding $4,790 every year, while hoping to spend $36,525 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: 25/48/27 Blend
29$4,400,000$4,400,000$4,400,000$4,400,000
30$4,853,741$4,620,541$4,552,341$4,933,761
31$5,309,960$4,808,085$4,665,982$5,188,136
32$5,811,490$5,003,595$4,782,206$5,457,254
33$6,362,912$5,207,422$4,901,061$5,745,041
34$6,969,278$5,419,934$5,022,594$6,053,087
35$7,636,149$5,641,515$5,146,856$6,383,134
36$8,369,655$5,872,568$5,273,895$6,737,085
37$9,176,549$6,113,514$5,403,760$7,117,026
38$10,064,272$6,364,791$5,536,500$7,525,243
39$11,041,022$6,626,859$5,672,167$7,964,239
40$12,115,831$6,900,200$5,810,810$8,436,761
41$13,298,652$7,185,317$5,952,478$8,945,816
42$14,600,452$7,482,735$6,097,224$9,494,705
43$16,033,314$7,793,004$6,245,096$10,087,048
44$17,610,551$8,116,701$6,396,147$10,726,818
45$19,346,835$8,454,427$6,550,425$11,418,373
46$21,258,330$8,806,811$6,707,982$12,166,497
47$23,362,848$9,174,513$6,868,867$12,976,445
48$25,680,016$9,558,222$7,033,132$13,853,984
49$28,231,461$9,958,658$7,200,826$14,805,449
50$31,041,014$10,376,577$7,371,997$15,837,800
51$34,134,935$10,812,767$7,546,697$16,958,683
52$37,542,159$11,268,053$7,724,972$18,176,498
53$41,294,573$11,743,301$7,906,872$19,500,479
54$45,427,310$12,239,414$8,092,444$20,940,775
55$49,979,089$12,757,339$8,281,733$22,508,541
56$54,992,572$13,298,064$8,474,788$24,216,042
57$60,514,773$13,862,627$8,671,651$26,076,765
58$66,597,496$14,452,112$8,872,368$28,105,541
59$73,297,828$15,067,654$9,076,980$30,318,680
60$80,678,678$15,710,440$9,285,529$32,734,124
61$88,809,364$16,381,713$9,498,056$35,371,607
62$97,766,277$17,082,774$9,714,599$38,252,840
63$107,633,593$17,814,986$9,935,194$41,401,711
64$118,504,073$18,579,774$10,159,876$44,844,502
65$130,479,935$19,378,629$10,388,678$48,610,136
66$143,673,821$20,213,115$10,621,632$52,730,440
67$158,209,859$21,084,866$10,858,765$57,240,444
68$174,224,834$21,995,593$11,100,103$62,178,700
69$191,869,480$22,947,090$11,345,669$67,587,646
70$211,309,901$23,941,232$11,595,483$73,513,993
71$232,729,143$24,979,984$11,849,563$80,009,164
72$256,328,914$26,065,402$12,107,923$87,129,770
73$282,331,496$27,199,639$12,370,571$94,938,137
74$310,981,838$28,384,951$12,637,514$103,502,885
75$342,549,869$29,623,698$12,908,755$112,899,569
76$377,333,048$30,918,351$13,184,290$123,211,384
77$415,659,169$32,271,500$13,464,114$134,529,938
78$457,889,456$33,685,855$13,748,213$146,956,111
79$504,421,973$35,164,255$14,036,571$160,600,993
80$555,695,382$36,709,671$14,329,164$175,586,927
81$612,193,084$38,325,218$14,625,964$192,048,649
82$674,447,779$40,014,154$14,926,935$210,134,551
83$743,046,500$41,779,896$15,232,034$230,008,067
84$818,636,150$43,626,017$15,541,214$251,849,206
85$901,929,609$45,556,264$15,854,417$275,856,237
86$993,712,468$47,574,559$16,171,578$302,247,548
87$1,094,850,438$49,685,011$16,492,624$331,263,691
88$1,206,297,528$51,891,922$16,817,473$363,169,640
89$1,329,105,051$54,199,802$17,146,034$398,257,276
90$1,464,431,545$56,613,370$17,478,204$436,848,125
91$1,613,553,710$59,137,573$17,813,872$479,296,378
92$1,777,878,467$61,777,592$18,152,914$525,992,215
93$1,958,956,230$64,538,854$18,495,196$577,365,473
94$2,158,495,551$67,427,043$18,840,571$633,889,678
95$2,378,379,245$70,448,116$19,188,878$696,086,501
96$2,620,682,166$73,608,311$19,539,943$764,530,658
97$2,887,690,794$76,914,166$19,893,579$839,855,313
98$3,181,924,822$80,372,528$20,249,581$922,758,033
99$3,506,160,943$83,990,570$20,607,731$1,014,007,349
100$3,863,459,061$87,775,811$20,967,792$1,114,449,984