Can I retire at age 30 with 4,900,000?

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 $4,900,000?

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$404,637$401,033$397,517$394,084$390,733$377,923
2 years$200,316$196,585$192,969$189,464$186,063$173,280
3 years$132,217$128,470$124,864$121,391$118,046$105,690
4 years$98,175$94,439$90,869$87,456$84,192$72,358
5 years$77,754$74,042$70,518$67,174$64,001$52,721
6 years$64,145$60,461$56,989$53,720$50,642$39,925
7 years$54,429$50,775$47,358$44,166$41,185$31,030
8 years$47,144$43,523$40,163$37,050$34,167$24,567
9 years$41,482$37,895$34,593$31,558$28,774$19,716
10 years$36,954$33,402$30,159$27,203$24,517$15,988
11 years$33,252$29,736$26,551$23,675$21,085$13,070
12 years$30,170$26,690$23,564$20,766$18,272$10,752
13 years$27,563$24,120$21,053$18,334$15,934$8,890
14 years$25,331$21,924$18,916$16,274$13,967$7,380
15 years$23,398$20,028$17,078$14,514$12,298$6,148
16 years$21,709$18,375$15,484$12,996$10,869$5,135
17 years$20,220$16,923$14,090$11,676$9,637$4,298
18 years$18,897$15,638$12,862$10,523$8,569$3,605
19 years$17,716$14,493$11,775$9,508$7,638$3,028
20 years$16,654$13,467$10,806$8,612$6,822$2,547
21 years$15,694$12,544$9,940$7,816$6,105$2,144
22 years$14,822$11,710$9,161$7,106$5,472$1,807
23 years$14,028$10,952$8,459$6,472$4,912$1,524
24 years$13,301$10,261$7,823$5,903$4,415$1,286
25 years$12,633$9,630$7,245$5,391$3,973$1,086
26 years$12,017$9,050$6,720$4,929$3,579$917
27 years$11,448$8,517$6,240$4,512$3,227$775
28 years$10,921$8,026$5,801$4,134$2,911$655
29 years$10,431$7,571$5,398$3,791$2,629$554
30 years$9,974$7,150$5,028$3,479$2,375$468
31 years$9,548$6,760$4,688$3,195$2,148$396
32 years$9,149$6,396$4,374$2,936$1,943$335
33 years$8,775$6,057$4,084$2,700$1,758$284
34 years$8,424$5,741$3,816$2,484$1,592$240
35 years$8,094$5,445$3,567$2,287$1,442$203
36 years$7,782$5,168$3,337$2,106$1,306$172
37 years$7,489$4,908$3,123$1,941$1,184$145
38 years$7,211$4,665$2,925$1,789$1,073$123
39 years$6,948$4,436$2,740$1,649$973$104
40 years$6,699$4,220$2,569$1,521$883$88
41 years$6,463$4,017$2,408$1,404$801$75
42 years$6,238$3,826$2,259$1,295$727$63
43 years$6,025$3,645$2,120$1,196$660$54
44 years$5,822$3,475$1,990$1,104$599$45
45 years$5,628$3,314$1,869$1,020$544$38
46 years$5,444$3,161$1,755$942$493$32
47 years$5,268$3,017$1,649$870$448$28
48 years$5,099$2,880$1,549$804$407$23
49 years$4,938$2,750$1,456$743$370$20
50 years$4,784$2,627$1,369$687$336$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $4,900,000, adding $6,515 every year, while hoping to spend $31,136 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: 54/19/27 Blend
29$4,900,000$4,900,000$4,900,000$4,900,000
30$5,406,520$5,146,820$5,070,870$5,657,632
31$5,924,857$5,365,886$5,207,616$6,050,830
32$6,495,020$5,594,642$5,347,899$6,474,939
33$7,122,264$5,833,531$5,491,805$6,936,047
34$7,812,376$6,083,016$5,639,422$7,437,717
35$8,571,734$6,343,579$5,790,839$7,983,865
36$9,407,366$6,615,729$5,946,146$8,578,799
37$10,327,013$6,899,996$6,105,438$9,227,259
38$11,339,207$7,196,935$6,268,809$9,934,459
39$12,453,349$7,507,127$6,436,357$10,706,135
40$13,679,796$7,831,181$6,608,180$11,548,601
41$15,029,960$8,169,735$6,784,379$12,468,803
42$16,516,419$8,523,454$6,965,058$13,474,387
43$18,153,028$8,893,038$7,150,323$14,573,767
44$19,955,057$9,279,218$7,340,279$15,776,205
45$21,939,332$9,682,758$7,535,037$17,091,898
46$24,124,392$10,104,461$7,734,709$18,532,069
47$26,530,666$10,545,166$7,939,408$20,109,074
48$29,180,666$11,005,751$8,149,250$21,836,516
49$32,099,198$11,487,137$8,364,354$23,729,375
50$35,313,597$11,990,287$8,584,840$25,804,142
51$38,853,983$12,516,211$8,810,832$28,078,976
52$42,753,548$13,065,964$9,042,453$30,573,876
53$47,048,867$13,640,653$9,279,833$33,310,863
54$51,780,245$14,241,438$9,523,100$36,314,187
55$56,992,093$14,869,532$9,772,387$39,610,558
56$62,733,352$15,526,205$10,027,828$43,229,389
57$69,057,955$16,212,789$10,289,561$47,203,078
58$76,025,329$16,930,679$10,557,724$51,567,307
59$83,700,965$17,681,335$10,832,460$56,361,379
60$92,157,029$18,466,286$11,113,913$61,628,582
61$101,473,046$19,287,134$11,402,230$67,416,603
62$111,736,651$20,145,558$11,697,558$73,777,965
63$123,044,414$21,043,315$12,000,052$80,770,531
64$135,502,754$21,982,247$12,309,863$88,458,036
65$149,228,941$22,964,282$12,627,149$96,910,695
66$164,352,203$23,991,442$12,952,068$106,205,856
67$181,014,947$25,065,843$13,284,783$116,428,731
68$199,374,105$26,189,703$13,625,456$127,673,192
69$219,602,609$27,365,344$13,974,254$140,042,659
70$241,891,030$28,595,200$14,331,346$153,651,069
71$266,449,372$29,881,821$14,696,903$168,623,947
72$293,509,056$31,227,879$15,071,097$185,099,588
73$323,325,106$32,636,171$15,454,106$203,230,360
74$356,178,554$34,109,631$15,846,106$223,184,133
75$392,379,095$35,651,331$16,247,278$245,145,863
76$432,268,005$37,264,489$16,657,805$269,319,329
77$476,221,371$38,952,478$17,077,871$295,929,058
78$524,653,635$40,718,833$17,507,663$325,222,432
79$578,021,506$42,567,257$17,947,370$357,472,022
80$636,828,276$44,501,629$18,397,184$392,978,152
81$701,628,567$46,526,015$18,857,296$432,071,732
82$773,033,567$48,644,676$19,327,902$475,117,371
83$851,716,802$50,862,077$19,809,198$522,516,817
84$938,420,492$53,182,895$20,301,382$574,712,737
85$1,033,962,559$55,612,033$20,804,655$632,192,894
86$1,139,244,347$58,154,630$21,319,218$695,494,740
87$1,255,259,131$60,816,068$21,845,273$765,210,484
88$1,383,101,498$63,601,990$22,383,024$841,992,674
89$1,523,977,672$66,518,309$22,932,677$926,560,346
90$1,679,216,911$69,571,222$23,494,438$1,019,705,808
91$1,850,284,048$72,767,224$24,068,514$1,122,302,106
92$2,038,793,323$76,113,121$24,655,112$1,235,311,256
93$2,246,523,625$79,616,046$25,254,440$1,359,793,320
94$2,475,435,278$83,283,477$25,866,708$1,496,916,397
95$2,727,688,557$87,123,248$26,492,123$1,647,967,642
96$3,005,664,076$91,143,572$27,130,895$1,814,365,408
97$3,311,985,262$95,353,058$27,783,231$1,997,672,619
98$3,649,543,128$99,760,727$28,449,339$2,199,611,514
99$4,021,523,561$104,376,037$29,129,425$2,422,079,894
100$4,431,437,400$109,208,898$29,823,696$2,667,169,023