Can I retire at age 30 with 4,800,000?

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 $4,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$396,380$392,849$389,404$386,042$382,759$368,446
2 years$196,227$192,573$189,031$185,597$182,266$168,010
3 years$129,519$125,849$122,316$118,914$115,637$101,886
4 years$96,171$92,512$89,014$85,671$82,473$69,333
5 years$76,168$72,531$69,079$65,803$62,695$50,198
6 years$62,836$59,227$55,826$52,623$49,608$37,764
7 years$53,318$49,738$46,392$43,265$40,345$29,151
8 years$46,182$42,635$39,344$36,294$33,470$22,915
9 years$40,635$37,121$33,887$30,914$28,187$18,256
10 years$36,200$32,721$29,543$26,648$24,016$14,693
11 years$32,574$29,129$26,009$23,192$20,655$11,917
12 years$29,554$26,145$23,083$20,342$17,899$9,726
13 years$27,001$23,627$20,623$17,959$15,608$7,976
14 years$24,814$21,477$18,530$15,942$13,682$6,566
15 years$22,921$19,619$16,730$14,218$12,047$5,423
16 years$21,266$18,000$15,168$12,730$10,647$4,490
17 years$19,807$16,578$13,802$11,438$9,440$3,726
18 years$18,512$15,318$12,600$10,308$8,394$3,097
19 years$17,354$14,197$11,534$9,314$7,482$2,578
20 years$16,314$13,193$10,586$8,436$6,683$2,148
21 years$15,373$12,288$9,737$7,656$5,980$1,792
22 years$14,520$11,471$8,974$6,961$5,361$1,496
23 years$13,742$10,728$8,286$6,340$4,812$1,250
24 years$13,029$10,052$7,663$5,782$4,325$1,044
25 years$12,375$9,433$7,098$5,281$3,892$873
26 years$11,772$8,866$6,583$4,828$3,506$731
27 years$11,215$8,344$6,113$4,419$3,161$611
28 years$10,698$7,862$5,682$4,049$2,852$512
29 years$10,218$7,417$5,288$3,713$2,575$429
30 years$9,771$7,005$4,926$3,408$2,327$359
31 years$9,353$6,622$4,592$3,130$2,104$301
32 years$8,962$6,265$4,284$2,876$1,903$252
33 years$8,596$5,933$4,000$2,645$1,722$211
34 years$8,252$5,624$3,738$2,434$1,559$177
35 years$7,928$5,334$3,494$2,240$1,412$148
36 years$7,624$5,063$3,269$2,063$1,280$124
37 years$7,336$4,808$3,060$1,901$1,160$104
38 years$7,064$4,570$2,865$1,752$1,051$87
39 years$6,806$4,345$2,684$1,616$953$73
40 years$6,562$4,134$2,516$1,490$865$61
41 years$6,331$3,935$2,359$1,375$785$51
42 years$6,111$3,748$2,213$1,269$712$43
43 years$5,902$3,571$2,077$1,171$646$36
44 years$5,703$3,404$1,949$1,082$586$30
45 years$5,513$3,246$1,830$999$532$25
46 years$5,333$3,096$1,719$923$483$21
47 years$5,160$2,955$1,615$852$439$18
48 years$4,995$2,821$1,518$788$399$15
49 years$4,837$2,694$1,427$728$362$12
50 years$4,686$2,573$1,341$673$329$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $4,800,000, adding $2,640 every year, while hoping to spend $57,596 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: 32/49/19 Blend
29$4,800,000$4,800,000$4,800,000$4,800,000
30$5,292,323$5,037,923$4,963,523$5,430,318
31$5,770,858$5,223,500$5,068,519$5,719,108
32$6,296,274$5,416,239$5,175,103$6,024,511
33$6,873,291$5,616,432$5,283,266$6,352,256
34$7,507,109$5,824,380$5,392,998$6,704,331
35$8,203,458$6,040,398$5,504,287$7,082,914
36$8,968,650$6,264,817$5,617,120$7,490,398
37$9,809,637$6,497,978$5,731,478$7,929,409
38$10,734,080$6,740,238$5,847,342$8,402,827
39$11,750,417$6,991,971$5,964,689$8,913,815
40$12,867,947$7,253,565$6,083,494$9,465,848
41$14,096,912$7,525,425$6,203,726$10,062,739
42$15,448,601$7,807,973$6,325,354$10,708,681
43$16,935,446$8,101,652$6,448,341$11,408,277
44$18,571,148$8,406,920$6,572,647$12,166,588
45$20,370,803$8,724,257$6,698,229$12,989,174
46$22,351,043$9,054,163$6,825,038$13,882,150
47$24,530,194$9,397,162$6,953,021$14,852,235
48$26,928,447$9,753,796$7,082,121$15,906,820
49$29,568,052$10,124,635$7,212,275$17,054,029
50$32,473,523$10,510,272$7,343,415$18,302,799
51$35,671,872$10,911,325$7,475,470$19,662,960
52$39,192,863$11,328,440$7,608,358$21,145,325
53$43,069,293$11,762,292$7,741,996$22,761,788
54$47,337,299$12,213,583$7,876,291$24,525,438
55$52,036,703$12,683,047$8,011,146$26,450,674
56$57,211,382$13,171,452$8,146,455$28,553,344
57$62,909,688$13,679,598$8,282,106$30,850,887
58$69,184,896$14,208,319$8,417,977$33,362,497
59$76,095,717$14,758,487$8,553,940$36,109,301
60$83,706,840$15,331,014$8,689,858$39,114,551
61$92,089,554$15,926,849$8,825,583$42,403,847
62$101,322,409$16,546,985$8,960,961$46,005,369
63$111,491,967$17,192,459$9,095,826$49,950,143
64$122,693,612$17,864,354$9,230,000$54,272,327
65$135,032,452$18,563,800$9,363,297$59,009,531
66$148,624,314$19,291,977$9,495,519$64,203,169
67$163,596,829$20,050,120$9,626,455$69,898,841
68$180,090,646$20,839,516$9,755,881$76,146,764
69$198,260,750$21,661,511$9,883,561$83,002,239
70$218,277,932$22,517,510$10,009,246$90,526,165
71$240,330,397$23,408,983$10,132,671$98,785,616
72$264,625,538$24,337,464$10,253,556$107,854,462
73$291,391,899$25,304,556$10,371,607$117,814,061
74$320,881,327$26,311,934$10,486,510$128,754,026
75$353,371,352$27,361,348$10,597,937$140,773,059
76$389,167,803$28,454,628$10,705,542$153,979,883
77$428,607,699$29,593,684$10,808,957$168,494,252
78$472,062,424$30,780,514$10,907,797$184,448,084
79$519,941,239$32,017,207$11,001,656$201,986,695
80$572,695,138$33,305,944$11,090,105$221,270,161
81$630,821,113$34,649,005$11,172,693$242,474,825
82$694,866,835$36,048,775$11,248,948$265,794,952
83$765,435,833$37,507,746$11,318,368$291,444,552
84$843,193,185$39,028,523$11,380,431$319,659,396
85$928,871,799$40,613,829$11,434,584$350,699,229
86$1,023,279,327$42,266,512$11,480,247$384,850,211
87$1,127,305,796$43,989,548$11,516,813$422,427,613
88$1,241,932,001$45,786,050$11,543,640$463,778,777
89$1,368,238,772$47,659,273$11,560,058$509,286,388
90$1,507,417,169$49,612,619$11,565,363$559,372,074
91$1,660,779,730$51,649,648$11,558,813$614,500,373
92$1,829,772,862$53,774,081$11,539,633$675,183,107
93$2,015,990,493$55,989,809$11,507,008$741,984,199
94$2,221,189,116$58,300,903$11,460,087$815,524,985
95$2,447,304,378$60,711,619$11,397,972$896,490,065
96$2,696,469,348$63,226,411$11,319,727$985,633,748
97$2,971,034,651$65,849,936$11,224,368$1,083,787,163
98$3,273,590,667$68,587,064$11,110,865$1,191,866,081
99$3,606,991,976$71,442,891$10,978,140$1,310,879,552
100$3,974,384,314$74,422,749$10,825,064$1,441,939,406