Can I retire at age 30 with 5,000,000?

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 $5,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$412,895$409,217$405,629$402,127$398,707$394,707
2 years$204,404$200,597$196,907$193,330$189,860$185,832
3 years$134,915$131,092$127,412$123,869$120,455$116,523
4 years$100,178$96,367$92,723$89,240$85,910$82,104
5 years$79,341$75,553$71,957$68,545$65,307$61,639
6 years$65,455$61,694$58,152$54,816$51,675$48,149
7 years$55,539$51,811$48,325$45,067$42,026$38,644
8 years$48,106$44,411$40,983$37,806$34,865$31,626
9 years$42,328$38,668$35,299$32,202$29,361$26,264
10 years$37,708$34,084$30,774$27,759$25,017$22,061
11 years$33,931$30,343$27,093$24,158$21,515$18,697
12 years$30,785$27,234$24,044$21,190$18,645$15,962
13 years$28,126$24,612$21,482$18,708$16,259$13,708
14 years$25,848$22,371$19,302$16,607$14,252$11,830
15 years$23,876$20,437$17,427$14,810$12,549$10,252
16 years$22,152$18,750$15,800$13,261$11,091$8,915
17 years$20,632$17,268$14,377$11,915$9,834$7,775
18 years$19,283$15,957$13,125$10,738$8,744$6,798
19 years$18,077$14,789$12,015$9,702$7,793$5,957
20 years$16,993$13,742$11,027$8,787$6,961$5,229
21 years$16,014$12,800$10,143$7,975$6,230$4,598
22 years$15,125$11,949$9,348$7,251$5,584$4,049
23 years$14,314$11,175$8,631$6,604$5,012$3,570
24 years$13,572$10,471$7,982$6,023$4,505$3,151
25 years$12,891$9,826$7,393$5,501$4,054$2,783
26 years$12,263$9,235$6,857$5,029$3,652$2,461
27 years$11,682$8,691$6,367$4,604$3,292$2,177
28 years$11,144$8,190$5,919$4,218$2,971$1,928
29 years$10,644$7,726$5,508$3,868$2,683$1,708
30 years$10,178$7,296$5,131$3,550$2,424$1,513
31 years$9,743$6,898$4,783$3,260$2,191$1,342
32 years$9,336$6,526$4,463$2,996$1,982$1,190
33 years$8,954$6,181$4,167$2,755$1,794$1,056
34 years$8,596$5,858$3,893$2,535$1,624$937
35 years$8,259$5,556$3,640$2,334$1,471$832
36 years$7,941$5,274$3,405$2,149$1,333$739
37 years$7,641$5,009$3,187$1,980$1,208$656
38 years$7,358$4,760$2,985$1,825$1,095$583
39 years$7,090$4,526$2,796$1,683$993$518
40 years$6,836$4,306$2,621$1,552$901$460
41 years$6,595$4,099$2,458$1,432$817$409
42 years$6,366$3,904$2,305$1,322$742$364
43 years$6,148$3,720$2,163$1,220$673$323
44 years$5,941$3,546$2,031$1,127$611$287
45 years$5,743$3,381$1,907$1,040$555$256
46 years$5,555$3,225$1,791$961$504$227
47 years$5,375$3,078$1,682$888$457$202
48 years$5,203$2,938$1,581$820$415$180
49 years$5,039$2,806$1,486$758$377$160
50 years$4,882$2,680$1,397$701$343$142

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $5,000,000, adding $2,997 every year, while hoping to spend $36,987 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: 46/30/24 Blend
29$5,000,000$5,000,000$5,000,000$5,000,000
30$5,513,091$5,248,091$5,170,591$5,728,569
31$6,036,073$5,465,894$5,304,452$6,098,381
32$6,611,159$5,693,129$5,441,558$6,495,508
33$7,243,625$5,930,220$5,581,978$6,925,649
34$7,939,283$6,177,610$5,725,783$7,391,907
35$8,704,538$6,435,761$5,873,045$7,897,692
36$9,546,446$6,705,158$6,023,837$8,446,752
37$10,472,781$6,986,308$6,178,233$9,043,204
38$11,492,109$7,279,742$6,336,308$9,691,578
39$12,613,868$7,586,013$6,498,138$10,396,852
40$13,848,458$7,905,703$6,663,801$11,164,498
41$15,207,337$8,239,419$6,833,374$12,000,536
42$16,703,131$8,587,796$7,006,938$12,911,588
43$18,349,753$8,951,500$7,184,573$13,904,933
44$20,162,531$9,331,228$7,366,360$14,988,582
45$22,158,358$9,727,706$7,552,382$16,171,349
46$24,355,845$10,141,699$7,742,721$17,462,928
47$26,775,502$10,574,003$7,937,463$18,873,988
48$29,439,928$11,025,454$8,136,693$20,416,269
49$32,374,025$11,496,926$8,340,497$22,102,691
50$35,605,234$11,989,333$8,548,962$23,947,475
51$39,163,791$12,503,634$8,762,175$25,966,270
52$43,083,017$13,040,830$8,980,227$28,176,305
53$47,399,625$13,601,971$9,203,205$30,596,545
54$52,154,075$14,188,156$9,431,200$33,247,866
55$57,390,949$14,800,534$9,664,304$36,153,252
56$63,159,374$15,440,309$9,902,607$39,338,010
57$69,513,487$16,108,741$10,146,201$42,830,002
58$76,512,944$16,807,150$10,395,179$46,659,905
59$84,223,480$17,536,917$10,649,634$50,861,503
60$92,717,538$18,299,488$10,909,660$55,471,994
61$102,074,942$19,096,378$11,175,348$60,532,344
62$112,383,658$19,929,173$11,446,794$66,087,667
63$123,740,621$20,799,532$11,724,092$72,187,648
64$136,252,649$21,709,195$12,007,334$78,887,004
65$150,037,455$22,659,981$12,296,615$86,246,004
66$165,224,753$23,653,797$12,592,029$94,331,026
67$181,957,484$24,692,640$12,893,669$103,215,180
68$200,393,168$25,778,600$13,201,628$112,978,998
69$220,705,387$26,913,867$13,515,998$123,711,185
70$243,085,423$28,100,733$13,836,871$135,509,450
71$267,744,068$29,341,601$14,164,337$148,481,426
72$294,913,609$30,638,985$14,498,488$162,745,677
73$324,850,021$31,995,519$14,839,412$178,432,816
74$357,835,388$33,413,964$15,187,196$195,686,724
75$394,180,557$34,897,208$15,541,927$214,665,909
76$434,228,082$36,448,279$15,903,690$235,544,992
77$478,355,448$38,070,347$16,272,566$258,516,346
78$526,978,644$39,766,734$16,648,636$283,791,910
79$580,556,080$41,540,918$17,031,980$311,605,175
80$639,592,921$43,396,544$17,422,673$342,213,386
81$704,645,854$45,337,430$17,820,787$375,899,959
82$776,328,342$47,367,574$18,226,394$412,977,146
83$855,316,414$49,491,167$18,639,560$453,788,976
84$942,355,051$51,712,597$19,060,348$498,714,491
85$1,038,265,215$54,036,463$19,488,818$548,171,316
86$1,143,951,599$56,467,581$19,925,025$602,619,588
87$1,260,411,168$59,010,999$20,369,020$662,566,291
88$1,388,742,574$61,672,005$20,820,849$728,570,028
89$1,530,156,521$64,456,138$21,280,552$801,246,283
90$1,685,987,201$67,369,203$21,748,165$881,273,221
91$1,857,704,883$70,417,282$22,223,716$969,398,073
92$2,046,929,799$73,606,746$22,707,228$1,066,444,178
93$2,255,447,436$76,944,274$23,198,717$1,173,318,740
94$2,485,225,391$80,436,860$23,698,192$1,291,021,378
95$2,738,431,951$84,091,837$24,205,651$1,420,653,548
96$3,017,456,557$87,916,884$24,721,088$1,563,428,921
97$3,324,932,367$91,920,052$25,244,485$1,720,684,828
98$3,663,761,109$96,109,776$25,775,816$1,893,894,860
99$4,037,140,481$100,494,893$26,315,044$2,084,682,767
100$4,448,594,334$105,084,667$26,862,123$2,294,837,765