Can I retire at age 30 with 5,300,000?

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 $5,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$437,669$433,771$429,967$426,254$422,629$419,088
2 years$216,668$212,633$208,722$204,930$201,252$197,683
3 years$143,010$138,958$135,057$131,301$127,683$124,196
4 years$106,189$102,149$98,287$94,595$91,064$87,688
5 years$84,102$80,086$76,275$72,658$69,226$65,969
6 years$69,382$65,396$61,641$58,105$54,776$51,642
7 years$58,872$54,920$51,224$47,771$44,547$41,539
8 years$50,993$47,076$43,442$40,074$36,956$34,073
9 years$44,868$40,988$37,417$34,134$31,123$28,363
10 years$39,971$36,129$32,621$29,424$26,518$23,881
11 years$35,967$32,164$28,719$25,608$22,806$20,290
12 years$32,632$28,868$25,487$22,461$19,764$17,366
13 years$29,813$26,089$22,771$19,830$17,234$14,952
14 years$27,399$23,714$20,460$17,603$15,107$12,938
15 years$25,308$21,663$18,473$15,699$13,302$11,242
16 years$23,481$19,875$16,748$14,057$11,756$9,802
17 years$21,870$18,304$15,240$12,630$10,424$8,573
18 years$20,440$16,914$13,912$11,382$9,268$7,517
19 years$19,162$15,676$12,736$10,285$8,261$6,606
20 years$18,013$14,567$11,688$9,315$7,379$5,816
21 years$16,975$13,568$10,751$8,454$6,603$5,130
22 years$16,032$12,666$9,909$7,686$5,919$4,531
23 years$15,173$11,846$9,149$7,000$5,313$4,006
24 years$14,387$11,099$8,461$6,384$4,776$3,547
25 years$13,664$10,416$7,837$5,831$4,297$3,143
26 years$12,998$9,789$7,268$5,331$3,871$2,788
27 years$12,383$9,213$6,749$4,880$3,490$2,474
28 years$11,813$8,681$6,274$4,471$3,149$2,198
29 years$11,282$8,190$5,839$4,100$2,843$1,953
30 years$10,789$7,734$5,439$3,763$2,569$1,737
31 years$10,327$7,311$5,070$3,456$2,323$1,545
32 years$9,896$6,918$4,731$3,176$2,101$1,375
33 years$9,492$6,551$4,417$2,921$1,902$1,224
34 years$9,112$6,209$4,127$2,687$1,722$1,090
35 years$8,754$5,889$3,858$2,474$1,559$971
36 years$8,418$5,590$3,610$2,278$1,413$865
37 years$8,100$5,309$3,378$2,099$1,281$771
38 years$7,800$5,046$3,164$1,935$1,161$687
39 years$7,515$4,798$2,964$1,784$1,053$613
40 years$7,246$4,565$2,778$1,645$955$546
41 years$6,990$4,345$2,605$1,518$866$487
42 years$6,748$4,138$2,444$1,401$786$435
43 years$6,517$3,943$2,293$1,293$713$388
44 years$6,297$3,758$2,152$1,194$648$346
45 years$6,088$3,584$2,021$1,103$588$309
46 years$5,888$3,419$1,898$1,019$534$275
47 years$5,698$3,263$1,783$941$485$246
48 years$5,515$3,115$1,676$870$440$219
49 years$5,341$2,974$1,575$804$400$196
50 years$5,175$2,841$1,481$743$363$175

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $5,300,000, adding $6,738 every year, while hoping to spend $53,310 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: 42/38/20 Blend
29$5,300,000$5,300,000$5,300,000$5,300,000
30$5,847,550$5,566,650$5,484,500$6,058,631
31$6,387,279$5,782,695$5,611,510$6,425,151
32$6,980,273$6,007,539$5,740,987$6,816,125
33$7,631,910$6,241,557$5,872,959$7,238,417
34$8,348,113$6,485,141$6,007,451$7,694,930
35$9,135,407$6,738,700$6,144,487$8,188,854
36$10,000,982$7,002,660$6,284,092$8,723,691
37$10,952,760$7,277,468$6,426,286$9,303,290
38$11,999,467$7,563,590$6,571,093$9,931,880
39$13,150,719$7,861,511$6,718,530$10,614,109
40$14,417,108$8,171,741$6,868,616$11,355,087
41$15,810,307$8,494,810$7,021,369$12,160,432
42$17,343,175$8,831,273$7,176,802$13,036,320
43$19,029,883$9,181,709$7,334,929$13,989,543
44$20,886,043$9,546,725$7,495,761$15,027,571
45$22,928,857$9,926,952$7,659,307$16,158,621
46$25,177,280$10,323,052$7,825,573$17,391,730
47$27,652,197$10,735,717$7,994,564$18,736,841
48$30,376,621$11,165,667$8,166,282$20,204,894
49$33,375,910$11,613,657$8,340,725$21,807,926
50$36,678,002$12,080,476$8,517,890$23,559,183
51$40,313,688$12,566,949$8,697,768$25,473,242
52$44,316,891$13,073,936$8,880,350$27,566,146
53$48,724,994$13,602,339$9,065,622$29,855,554
54$53,579,189$14,153,099$9,253,566$32,360,902
55$58,924,865$14,727,200$9,444,159$35,103,587
56$64,812,038$15,325,670$9,637,376$38,107,163
57$71,295,824$15,949,586$9,833,186$41,397,562
58$78,436,955$16,600,072$10,031,554$45,003,335
59$86,302,352$17,278,304$10,232,439$48,955,917
60$94,965,763$17,985,511$10,435,796$53,289,921
61$104,508,449$18,722,980$10,641,574$58,043,461
62$115,019,959$19,492,054$10,849,715$63,258,508
63$126,598,970$20,294,139$11,060,155$68,981,281
64$139,354,219$21,130,707$11,272,825$75,262,681
65$153,405,532$22,003,294$11,487,647$82,158,764
66$168,884,950$22,913,509$11,704,537$89,731,268
67$185,937,978$23,863,034$11,923,402$98,048,192
68$204,724,959$24,853,629$12,144,143$107,184,428
69$225,422,582$25,887,135$12,366,649$117,222,467
70$248,225,557$26,965,476$12,590,804$128,253,173
71$273,348,446$28,090,667$12,816,478$140,376,630
72$301,027,692$29,264,814$13,043,535$153,703,084
73$331,523,850$30,490,123$13,271,826$168,353,980
74$365,124,042$31,768,898$13,501,191$184,463,097
75$402,144,673$33,103,553$13,731,460$202,177,805
76$442,934,416$34,496,613$13,962,450$221,660,453
77$487,877,498$35,950,719$14,193,964$243,089,890
78$537,397,333$37,468,635$14,425,792$266,663,149
79$591,960,516$39,053,253$14,657,711$292,597,293
80$652,081,226$40,707,600$14,889,482$321,131,465
81$718,326,082$42,434,843$15,120,851$352,529,129
82$791,319,489$44,238,297$15,351,546$387,080,549
83$871,749,535$46,121,431$15,581,280$425,105,525
84$960,374,482$48,087,876$15,809,747$466,956,394
85$1,058,029,928$50,141,431$16,036,623$513,021,354
86$1,165,636,692$52,286,073$16,261,562$563,728,112
87$1,284,209,510$54,525,966$16,484,200$619,547,910
88$1,414,866,609$56,865,466$16,704,149$680,999,968
89$1,558,840,264$59,309,136$16,920,999$748,656,367
90$1,717,488,437$61,861,749$17,134,318$823,147,439
91$1,892,307,587$64,528,304$17,343,647$905,167,704
92$2,084,946,802$67,314,033$17,548,501$995,482,412
93$2,297,223,369$70,224,413$17,748,369$1,094,934,754
94$2,531,139,924$73,265,180$17,942,710$1,204,453,806
95$2,788,903,359$76,442,338$18,130,954$1,325,063,283
96$3,072,945,661$79,762,171$18,312,501$1,457,891,186
97$3,385,946,864$83,231,263$18,486,715$1,604,180,436
98$3,730,860,353$86,856,504$18,652,928$1,765,300,588
99$4,110,940,745$90,645,109$18,810,438$1,942,760,741
100$4,529,774,616$94,604,633$18,958,502$2,138,223,763