Can I retire at age 30 with 5,100,000?

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 $5,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$421,153$417,402$413,742$410,169$406,681$398,796
2 years$208,492$204,609$200,846$197,197$193,658$185,746
3 years$137,614$133,714$129,960$126,346$122,864$115,172
4 years$102,182$98,294$94,578$91,025$87,628$80,215
5 years$80,928$77,064$73,396$69,916$66,613$59,500
6 years$66,764$62,928$59,315$55,912$52,709$45,904
7 years$56,650$52,847$49,291$45,969$42,866$36,371
8 years$49,068$45,300$41,803$38,562$35,562$29,374
9 years$43,175$39,442$36,005$32,846$29,948$24,064
10 years$38,462$34,766$31,390$28,314$25,517$19,931
11 years$34,610$30,950$27,635$24,641$21,946$16,651
12 years$31,401$27,779$24,525$21,614$19,018$14,007
13 years$28,688$25,104$21,912$19,082$16,584$11,849
14 years$26,365$22,819$19,688$16,939$14,537$10,070
15 years$24,353$20,846$17,775$15,106$12,800$8,590
16 years$22,595$19,125$16,116$13,526$11,312$7,351
17 years$21,045$17,614$14,665$12,153$10,030$6,308
18 years$19,669$16,276$13,387$10,952$8,919$5,425
19 years$18,439$15,084$12,255$9,896$7,949$4,674
20 years$17,333$14,017$11,247$8,963$7,101$4,034
21 years$16,334$13,056$10,345$8,135$6,354$3,486
22 years$15,427$12,188$9,535$7,396$5,696$3,016
23 years$14,601$11,399$8,804$6,736$5,113$2,612
24 years$13,844$10,680$8,142$6,144$4,595$2,265
25 years$13,149$10,023$7,541$5,611$4,135$1,965
26 years$12,508$9,420$6,994$5,130$3,725$1,706
27 years$11,916$8,865$6,495$4,696$3,358$1,481
28 years$11,367$8,353$6,038$4,302$3,030$1,287
29 years$10,857$7,881$5,618$3,945$2,736$1,119
30 years$10,381$7,442$5,233$3,621$2,472$973
31 years$9,938$7,035$4,879$3,325$2,235$847
32 years$9,523$6,657$4,552$3,056$2,022$737
33 years$9,133$6,304$4,250$2,810$1,830$642
34 years$8,768$5,975$3,971$2,586$1,657$559
35 years$8,424$5,667$3,713$2,380$1,501$486
36 years$8,100$5,379$3,473$2,192$1,360$424
37 years$7,794$5,109$3,251$2,020$1,232$369
38 years$7,505$4,855$3,044$1,862$1,117$321
39 years$7,232$4,617$2,852$1,717$1,013$280
40 years$6,973$4,393$2,673$1,583$919$244
41 years$6,727$4,181$2,507$1,461$834$213
42 years$6,493$3,982$2,351$1,348$756$185
43 years$6,271$3,794$2,207$1,245$686$161
44 years$6,060$3,617$2,071$1,149$623$141
45 years$5,858$3,449$1,945$1,061$566$123
46 years$5,666$3,290$1,827$980$514$107
47 years$5,483$3,140$1,716$906$466$93
48 years$5,307$2,997$1,613$837$424$81
49 years$5,140$2,862$1,516$773$385$71
50 years$4,979$2,734$1,425$715$349$62

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $5,100,000, adding $2,272 every year, while hoping to spend $28,083 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: 24/49/27 Blend
29$5,100,000$5,100,000$5,100,000$5,100,000
30$5,622,544$5,352,244$5,273,194$5,709,481
31$6,166,163$5,584,623$5,419,965$6,015,512
32$6,764,290$5,827,449$5,570,713$6,340,639
33$7,422,456$6,081,201$5,725,540$6,688,402
34$8,146,752$6,346,387$5,884,552$7,060,701
35$8,943,895$6,623,533$6,047,857$7,459,614
36$9,821,280$6,913,194$6,215,568$7,887,414
37$10,787,059$7,215,949$6,387,799$8,346,585
38$11,850,214$7,532,406$6,564,665$8,839,849
39$13,020,641$7,863,199$6,746,287$9,370,183
40$14,309,246$8,208,995$6,932,787$9,940,847
41$15,728,044$8,570,491$7,124,290$10,555,413
42$17,290,276$8,948,416$7,320,925$11,217,793
43$19,010,532$9,343,536$7,522,824$11,932,277
44$20,904,888$9,756,652$7,730,121$12,703,566
45$22,991,060$10,188,601$7,942,953$13,536,814
46$25,288,569$10,640,263$8,161,462$14,437,675
47$27,818,924$11,112,558$8,385,793$15,412,352
48$30,605,830$11,606,449$8,616,093$16,467,651
49$33,675,406$12,122,946$8,852,513$17,611,041
50$37,056,434$12,663,106$9,095,208$18,850,720
51$40,780,629$13,228,038$9,344,337$20,195,692
52$44,882,943$13,818,901$9,600,062$21,655,841
53$49,401,887$14,436,911$9,862,548$23,242,024
54$54,379,901$15,083,342$10,131,965$24,966,167
55$59,863,752$15,759,526$10,408,487$26,841,374
56$65,904,975$16,466,863$10,692,291$28,882,043
57$72,560,358$17,206,815$10,983,559$31,103,996
58$79,892,483$17,980,917$11,282,476$33,524,625
59$87,970,309$18,790,775$11,589,232$36,163,048
60$96,869,831$19,638,074$11,904,022$39,040,283
61$106,674,790$20,524,576$12,227,043$42,179,440
62$117,477,469$21,452,130$12,558,499$45,605,933
63$129,379,560$22,422,673$12,898,597$49,347,711
64$142,493,124$23,438,233$13,247,550$53,435,514
65$156,941,652$24,500,936$13,605,572$57,903,156
66$172,861,229$25,613,011$13,972,887$62,787,836
67$190,401,816$26,776,789$14,349,720$68,130,478
68$209,728,667$27,994,719$14,736,303$73,976,111
69$231,023,893$29,269,361$15,132,870$80,374,282
70$254,488,173$30,603,403$15,539,664$87,379,515
71$280,342,654$31,999,657$15,956,931$95,051,815
72$308,831,039$33,461,074$16,384,922$103,457,222
73$340,221,881$34,990,744$16,823,893$112,668,423
74$374,811,127$36,591,904$17,274,108$122,765,429
75$412,924,905$38,267,950$17,735,833$133,836,312
76$454,922,604$40,022,438$18,209,341$145,978,030
77$501,200,267$41,859,095$18,694,912$159,297,322
78$552,194,333$43,781,829$19,192,830$173,911,704
79$608,385,749$45,794,734$19,703,385$189,950,563
80$670,304,520$47,902,100$20,226,872$207,556,363
81$738,534,703$50,108,424$20,763,594$226,885,972
82$813,719,927$52,418,421$21,313,859$248,112,125
83$896,569,466$54,837,031$21,877,980$271,425,039
84$987,864,936$57,369,430$22,456,277$297,034,187
85$1,088,467,675$60,021,047$23,049,077$325,170,255
86$1,199,326,869$62,797,569$23,656,713$356,087,301
87$1,321,488,518$65,704,959$24,279,521$390,065,132
88$1,456,105,311$68,749,466$24,917,849$427,411,917
89$1,604,447,502$71,937,640$25,572,047$468,467,081
90$1,767,914,910$75,276,347$26,242,473$513,604,477
91$1,948,050,127$78,772,784$26,929,492$563,235,889
92$2,146,553,085$82,434,495$27,633,475$617,814,899
93$2,365,297,103$86,269,389$28,354,800$677,841,131
94$2,606,346,572$90,285,753$29,093,850$743,864,945
95$2,871,976,446$94,492,279$29,851,017$816,492,596
96$3,164,693,716$98,898,073$30,626,699$896,391,926
97$3,487,261,081$103,512,685$31,421,300$984,298,636
98$3,842,723,029$108,346,124$32,235,231$1,081,023,191
99$4,234,434,577$113,408,883$33,068,910$1,187,458,436
100$4,666,092,948$118,711,962$33,922,762$1,304,587,987