Can I retire at age 30 with 4,600,000?

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 $4,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$379,864$376,480$373,179$369,957$366,810$359,111
2 years$188,051$184,549$181,155$177,864$174,672$166,951
3 years$124,122$120,605$117,219$113,959$110,819$103,317
4 years$92,164$88,657$85,306$82,101$79,037$71,813
5 years$72,994$69,508$66,201$63,062$60,083$53,156
6 years$60,218$56,759$53,500$50,431$47,541$40,920
7 years$51,096$47,666$44,459$41,462$38,664$32,349
8 years$44,258$40,859$37,704$34,781$32,075$26,065
9 years$38,942$35,575$32,475$29,626$27,012$21,303
10 years$34,692$31,357$28,312$25,538$23,016$17,601
11 years$31,216$27,916$24,926$22,226$19,794$14,667
12 years$28,322$25,056$22,121$19,495$17,153$12,306
13 years$25,876$22,643$19,764$17,211$14,958$10,383
14 years$23,780$20,582$17,758$15,278$13,112$8,800
15 years$21,966$18,802$16,033$13,625$11,545$7,486
16 years$20,380$17,250$14,536$12,200$10,203$6,388
17 years$18,982$15,887$13,227$10,962$9,047$5,466
18 years$17,740$14,680$12,075$9,879$8,044$4,687
19 years$16,631$13,605$11,054$8,926$7,170$4,026
20 years$15,634$12,643$10,145$8,084$6,404$3,464
21 years$14,733$11,776$9,331$7,337$5,731$2,985
22 years$13,915$10,993$8,600$6,671$5,137$2,575
23 years$13,169$10,281$7,941$6,075$4,611$2,223
24 years$12,487$9,633$7,344$5,541$4,145$1,921
25 years$11,860$9,040$6,802$5,061$3,730$1,661
26 years$11,282$8,496$6,308$4,627$3,360$1,438
27 years$10,748$7,996$5,858$4,235$3,029$1,245
28 years$10,252$7,534$5,446$3,880$2,733$1,078
29 years$9,792$7,108$5,068$3,558$2,468$934
30 years$9,364$6,713$4,720$3,266$2,230$810
31 years$8,963$6,346$4,401$2,999$2,016$702
32 years$8,589$6,004$4,106$2,756$1,824$609
33 years$8,238$5,686$3,834$2,535$1,650$528
34 years$7,908$5,389$3,582$2,332$1,494$458
35 years$7,598$5,112$3,349$2,147$1,353$398
36 years$7,306$4,852$3,133$1,977$1,226$345
37 years$7,030$4,608$2,932$1,822$1,111$300
38 years$6,769$4,379$2,746$1,679$1,008$260
39 years$6,523$4,164$2,573$1,548$914$226
40 years$6,289$3,962$2,411$1,428$829$196
41 years$6,067$3,771$2,261$1,318$752$170
42 years$5,856$3,592$2,121$1,216$682$148
43 years$5,656$3,422$1,990$1,122$619$129
44 years$5,465$3,262$1,868$1,036$562$112
45 years$5,284$3,111$1,754$957$510$97
46 years$5,110$2,967$1,648$884$463$84
47 years$4,945$2,832$1,548$817$421$73
48 years$4,787$2,703$1,455$755$382$64
49 years$4,636$2,582$1,367$698$347$55
50 years$4,491$2,466$1,285$645$315$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $4,600,000, adding $3,693 every year, while hoping to spend $47,313 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: 25/50/25 Blend
29$4,600,000$4,600,000$4,600,000$4,600,000
30$5,073,009$4,829,209$4,757,909$5,159,637
31$5,540,116$5,015,500$4,866,959$5,417,371
32$6,053,281$5,209,333$4,978,075$5,689,216
33$6,617,154$5,411,028$5,091,279$5,979,696
34$7,236,854$5,620,919$5,206,587$6,290,403
35$7,918,023$5,839,355$5,324,018$6,623,077
36$8,666,877$6,066,698$5,443,588$6,979,627
37$9,490,262$6,303,330$5,565,312$7,362,141
38$10,395,722$6,549,647$5,689,203$7,772,910
39$11,391,569$6,806,063$5,815,275$8,214,445
40$12,486,960$7,073,011$5,943,537$8,689,498
41$13,691,984$7,350,943$6,074,000$9,201,088
42$15,017,759$7,640,331$6,206,672$9,752,529
43$16,476,532$7,941,669$6,341,557$10,347,454
44$18,081,800$8,255,472$6,478,660$10,989,853
45$19,848,431$8,582,278$6,617,984$11,684,106
46$21,792,812$8,922,650$6,759,526$12,435,021
47$23,932,993$9,277,175$6,903,285$13,247,881
48$26,288,869$9,646,467$7,049,256$14,128,486
49$28,882,358$10,031,168$7,197,430$15,083,208
50$31,737,611$10,431,947$7,347,796$16,119,052
51$34,881,241$10,849,507$7,500,341$17,243,713
52$38,342,573$11,284,578$7,655,048$18,465,649
53$42,153,919$11,737,926$7,811,896$19,794,160
54$46,350,886$12,210,351$7,970,861$21,239,467
55$50,972,707$12,702,689$8,131,916$22,812,811
56$56,062,615$13,215,813$8,295,028$24,526,553
57$61,668,251$13,750,638$8,460,160$26,394,288
58$67,842,111$14,308,117$8,627,273$28,430,970
59$74,642,040$14,889,249$8,796,321$30,653,045
60$82,131,784$15,495,077$8,967,253$33,078,612
61$90,381,583$16,126,693$9,140,014$35,727,579
62$99,468,841$16,785,238$9,314,541$38,621,853
63$109,478,852$17,471,903$9,490,767$41,785,542
64$120,505,606$18,187,938$9,668,619$45,245,175
65$132,652,676$18,934,645$9,848,016$49,029,950
66$146,034,196$19,713,389$10,028,871$53,172,004
67$160,775,935$20,525,597$10,211,089$57,706,711
68$177,016,488$21,372,759$10,394,569$62,673,009
69$194,908,583$22,256,437$10,579,200$68,113,766
70$214,620,518$23,178,262$10,764,863$74,076,173
71$236,337,755$24,139,941$10,951,430$80,612,187
72$260,264,668$25,143,260$11,138,764$87,779,015
73$286,626,470$26,190,086$11,326,719$95,639,644
74$315,671,342$27,282,372$11,515,137$104,263,434
75$347,672,774$28,422,164$11,703,849$113,726,759
76$382,932,146$29,611,598$11,892,676$124,113,724
77$421,781,570$30,852,912$12,081,426$135,516,952
78$464,587,032$32,148,446$12,269,896$148,038,446
79$511,751,839$33,500,650$12,457,867$161,790,545
80$563,720,429$34,912,084$12,645,108$176,896,978
81$620,982,568$36,385,431$12,831,374$193,494,017
82$684,077,968$37,923,496$13,016,403$211,731,758
83$753,601,387$39,529,214$13,199,919$231,775,526
84$830,208,240$41,205,657$13,381,628$253,807,421
85$914,620,787$42,956,040$13,561,219$278,028,035
86$1,007,634,950$44,783,729$13,738,363$304,658,323
87$1,110,127,827$46,692,243$13,912,710$333,941,683
88$1,223,065,971$48,685,270$14,083,892$366,146,239
89$1,347,514,518$50,766,665$14,251,520$401,567,359
90$1,484,647,234$52,940,467$14,415,181$440,530,427
91$1,635,757,604$55,210,902$14,574,442$483,393,903
92$1,802,271,037$57,582,394$14,728,843$530,552,689
93$1,985,758,324$60,059,572$14,877,900$582,441,843
94$2,187,950,467$62,647,285$15,021,103$639,540,667
95$2,410,755,019$65,350,607$15,157,915$702,377,216
96$2,656,274,094$68,174,850$15,287,769$771,533,261
97$2,926,824,210$71,125,576$15,410,067$847,649,767
98$3,224,958,158$74,208,607$15,524,183$931,432,922
99$3,553,489,101$77,430,040$15,629,454$1,023,660,777
100$3,915,517,135$80,796,258$15,725,187$1,125,190,579