Can I retire at age 30 with 4,500,000?

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 $4,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$371,606$368,296$365,066$361,914$358,836$357,024
2 years$183,963$180,537$177,217$173,997$170,874$169,045
3 years$121,424$117,983$114,671$111,482$108,410$106,621
4 years$90,160$86,730$83,451$80,316$77,319$75,583
5 years$71,407$67,997$64,761$61,691$58,776$57,100
6 years$58,909$55,525$52,337$49,334$46,508$44,892
7 years$49,985$46,630$43,492$40,561$37,823$36,270
8 years$43,296$39,970$36,885$34,025$31,378$29,886
9 years$38,095$34,801$31,769$28,982$26,425$24,995
10 years$33,937$30,676$27,697$24,983$22,515$21,146
11 years$30,538$27,309$24,384$21,742$19,364$18,054
12 years$27,707$24,511$21,640$19,071$16,780$15,530
13 years$25,313$22,151$19,334$16,837$14,633$13,440
14 years$23,263$20,134$17,372$14,946$12,827$11,690
15 years$21,488$18,393$15,684$13,329$11,294$10,212
16 years$19,937$16,875$14,220$11,935$9,982$8,953
17 years$18,569$15,542$12,940$10,723$8,850$7,874
18 years$17,355$14,361$11,812$9,664$7,869$6,943
19 years$16,270$13,310$10,814$8,732$7,014$6,137
20 years$15,294$12,368$9,924$7,909$6,265$5,435
21 years$14,413$11,520$9,128$7,178$5,607$4,821
22 years$13,612$10,754$8,413$6,526$5,026$4,284
23 years$12,883$10,058$7,768$5,943$4,511$3,811
24 years$12,215$9,424$7,184$5,421$4,055$3,395
25 years$11,602$8,844$6,654$4,951$3,649$3,027
26 years$11,036$8,311$6,171$4,527$3,287$2,701
27 years$10,514$7,822$5,731$4,143$2,963$2,413
28 years$10,030$7,371$5,327$3,796$2,674$2,157
29 years$9,579$6,953$4,957$3,481$2,414$1,929
30 years$9,160$6,567$4,618$3,195$2,181$1,726
31 years$8,769$6,208$4,305$2,934$1,972$1,546
32 years$8,402$5,874$4,017$2,697$1,784$1,385
33 years$8,059$5,563$3,750$2,480$1,615$1,241
34 years$7,736$5,272$3,504$2,282$1,462$1,112
35 years$7,433$5,000$3,276$2,100$1,324$998
36 years$7,147$4,746$3,065$1,934$1,200$895
37 years$6,877$4,508$2,868$1,782$1,087$803
38 years$6,622$4,284$2,686$1,643$986$721
39 years$6,381$4,074$2,517$1,515$894$647
40 years$6,152$3,876$2,359$1,397$811$581
41 years$5,935$3,689$2,212$1,289$736$521
42 years$5,729$3,514$2,075$1,190$667$468
43 years$5,533$3,348$1,947$1,098$606$421
44 years$5,347$3,191$1,828$1,014$550$378
45 years$5,169$3,043$1,716$936$499$340
46 years$4,999$2,903$1,612$865$453$305
47 years$4,838$2,770$1,514$799$412$274
48 years$4,683$2,645$1,423$738$374$246
49 years$4,535$2,525$1,337$682$339$221
50 years$4,394$2,412$1,257$631$308$199

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $4,500,000, adding $4,547 every year, while hoping to spend $42,567 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: 69/16/15 Blend
29$4,500,000$4,500,000$4,500,000$4,500,000
30$4,963,690$4,725,190$4,655,440$5,288,686
31$5,424,696$4,911,434$4,766,107$5,691,801
32$5,931,297$5,105,376$4,879,053$6,127,190
33$6,488,100$5,307,350$4,994,313$6,602,462
34$7,100,179$5,517,703$5,111,915$7,121,538
35$7,773,124$5,736,798$5,231,891$7,688,735
36$8,513,095$5,965,013$5,354,271$8,308,804
37$9,326,877$6,202,745$5,479,085$8,986,976
38$10,221,946$6,450,407$5,606,362$9,729,010
39$11,206,539$6,708,431$5,736,130$10,541,247
40$12,289,732$6,977,271$5,868,417$11,430,667
41$13,481,526$7,257,398$6,003,250$12,404,959
42$14,792,936$7,549,305$6,140,654$13,472,586
43$16,236,104$7,853,510$6,280,654$14,642,871
44$17,824,405$8,170,550$6,423,274$15,926,077
45$19,572,578$8,500,990$6,568,537$17,333,511
46$21,496,862$8,845,420$6,716,464$18,877,622
47$23,615,151$9,204,455$6,867,075$20,572,125
48$25,947,162$9,578,739$7,020,388$22,432,122
49$28,514,622$9,968,946$7,176,419$24,474,249
50$31,341,469$10,375,780$7,335,185$26,716,830
51$34,454,082$10,799,977$7,496,697$29,180,049
52$37,881,529$11,242,306$7,660,968$31,886,139
53$41,655,840$11,703,574$7,828,005$34,859,591
54$45,812,307$12,184,621$7,997,815$38,127,384
55$50,389,823$12,686,328$8,170,402$41,719,240
56$55,431,242$13,209,615$8,345,768$45,667,899
57$60,983,789$13,755,446$8,523,910$50,009,431
58$67,099,499$14,324,827$8,704,825$54,783,572
59$73,835,716$14,918,811$8,888,505$60,034,100
60$81,255,627$15,538,501$9,074,938$65,809,246
61$89,428,862$16,185,049$9,264,110$72,162,145
62$98,432,150$16,859,660$9,456,001$79,151,341
63$108,350,042$17,563,596$9,650,590$86,841,333
64$119,275,710$18,298,176$9,847,848$95,303,185
65$131,311,826$19,064,780$10,047,745$104,615,193
66$144,571,530$19,864,852$10,250,242$114,863,624
67$159,179,500$20,699,904$10,455,299$126,143,528
68$175,273,126$21,571,516$10,662,869$138,559,631
69$193,003,807$22,481,342$10,872,897$152,227,326
70$212,538,381$23,431,114$11,085,325$167,273,753
71$234,060,700$24,422,642$11,300,087$183,839,003
72$257,773,363$25,457,823$11,517,111$202,077,437
73$283,899,629$26,538,639$11,736,318$222,159,138
74$312,685,525$27,667,167$11,957,619$244,271,514
75$344,402,170$28,845,579$12,180,920$268,621,069
76$379,348,328$30,076,149$12,406,117$295,435,343
77$417,853,233$31,361,257$12,633,098$324,965,063
78$460,279,698$32,703,393$12,861,742$357,486,502
79$507,027,533$34,105,165$13,091,916$393,304,088
80$558,537,325$35,569,303$13,323,479$432,753,269
81$615,294,596$37,098,661$13,556,279$476,203,682
82$677,834,381$38,696,232$13,790,151$524,062,636
83$746,746,286$40,365,146$14,024,919$576,778,954
84$822,680,049$42,108,680$14,260,395$634,847,203
85$906,351,673$43,930,264$14,496,378$698,812,365
86$998,550,188$45,833,491$14,732,651$769,274,972
87$1,100,145,096$47,822,122$14,968,984$846,896,772
88$1,212,094,584$49,900,093$15,205,133$932,406,973
89$1,335,454,561$52,071,528$15,440,835$1,026,609,122
90$1,471,388,636$54,340,743$15,675,812$1,130,388,683
91$1,621,179,094$56,712,256$15,909,769$1,244,721,396
92$1,786,239,007$59,190,802$16,142,392$1,370,682,478
93$1,968,125,570$61,781,335$16,373,346$1,509,456,769
94$2,168,554,803$64,489,045$16,602,278$1,662,349,913
95$2,389,417,751$67,319,367$16,828,812$1,830,800,680
96$2,632,798,336$70,277,990$17,052,552$2,016,394,534
97$2,900,993,030$73,370,875$17,273,076$2,220,878,603
98$3,196,532,534$76,604,264$17,489,939$2,446,178,162
99$3,522,205,672$79,984,692$17,702,671$2,694,414,801
100$3,881,085,714$83,519,006$17,910,775$2,967,926,447