Can I retire at age 30 with 5,400,000?

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 $5,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$445,927$441,955$438,080$434,297$430,604$414,173
2 years$220,756$216,645$212,660$208,797$205,049$188,689
3 years$145,709$141,580$137,605$133,778$130,092$114,317
4 years$108,192$104,076$100,141$96,380$92,783$77,713
5 years$85,689$81,597$77,714$74,029$70,532$56,207
6 years$70,691$66,630$62,804$59,201$55,809$42,238
7 years$59,983$55,956$52,191$48,673$45,388$32,566
8 years$51,955$47,964$44,262$40,830$37,654$25,570
9 years$45,714$41,762$38,123$34,778$31,710$20,346
10 years$40,725$36,811$33,236$29,979$27,018$16,354
11 years$36,645$32,771$29,261$26,091$23,237$13,247
12 years$33,248$29,413$25,968$22,885$20,136$10,797
13 years$30,376$26,581$23,201$20,204$17,559$8,842
14 years$27,916$24,161$20,846$17,935$15,392$7,269
15 years$25,786$22,072$18,821$15,995$13,553$5,995
16 years$23,924$20,250$17,064$14,322$11,978$4,957
17 years$22,283$18,650$15,528$12,868$10,620$4,107
18 years$20,826$17,233$14,175$11,597$9,443$3,408
19 years$19,523$15,972$12,976$10,479$8,417$2,833
20 years$18,353$14,842$11,909$9,490$7,518$2,357
21 years$17,295$13,824$10,954$8,613$6,728$1,963
22 years$16,335$12,905$10,096$7,831$6,031$1,636
23 years$15,459$12,069$9,322$7,132$5,413$1,365
24 years$14,658$11,308$8,621$6,505$4,866$1,139
25 years$13,922$10,612$7,985$5,941$4,378$951
26 years$13,244$9,974$7,405$5,432$3,944$794
27 years$12,617$9,386$6,877$4,972$3,556$663
28 years$12,035$8,845$6,393$4,555$3,208$554
29 years$11,495$8,344$5,949$4,177$2,897$463
30 years$10,992$7,880$5,541$3,834$2,618$387
31 years$10,522$7,449$5,166$3,521$2,367$324
32 years$10,083$7,049$4,820$3,236$2,141$271
33 years$9,671$6,675$4,500$2,976$1,937$227
34 years$9,284$6,326$4,205$2,738$1,754$190
35 years$8,920$6,001$3,931$2,520$1,589$159
36 years$8,576$5,695$3,678$2,321$1,440$133
37 years$8,253$5,409$3,442$2,139$1,305$111
38 years$7,947$5,141$3,223$1,971$1,183$93
39 years$7,657$4,888$3,020$1,818$1,073$78
40 years$7,383$4,651$2,831$1,676$973$65
41 years$7,122$4,427$2,654$1,547$883$54
42 years$6,875$4,216$2,490$1,427$801$45
43 years$6,640$4,017$2,336$1,318$727$38
44 years$6,416$3,829$2,193$1,217$660$32
45 years$6,203$3,652$2,059$1,124$599$27
46 years$5,999$3,484$1,934$1,038$544$22
47 years$5,805$3,324$1,817$959$494$19
48 years$5,619$3,174$1,707$886$448$16
49 years$5,442$3,031$1,605$819$407$13
50 years$5,272$2,895$1,509$757$370$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $5,400,000, adding $4,622 every year, while hoping to spend $29,483 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: 34/40/26 Blend
29$5,400,000$5,400,000$5,400,000$5,400,000
30$5,955,568$5,669,368$5,585,668$6,110,923
31$6,531,666$5,915,797$5,741,418$6,474,305
32$7,165,538$6,173,313$5,901,397$6,862,909
33$7,863,046$6,442,428$6,065,717$7,281,390
34$8,630,648$6,723,679$6,234,490$7,732,425
35$9,475,461$7,017,626$6,407,833$8,218,947
36$10,405,326$7,324,858$6,585,863$8,744,173
37$11,428,884$7,645,991$6,768,704$9,311,631
38$12,555,654$7,981,669$6,956,480$9,925,192
39$13,796,128$8,332,567$7,149,319$10,589,104
40$15,161,863$8,699,393$7,347,351$11,308,031
41$16,665,597$9,082,887$7,550,711$12,087,091
42$18,321,364$9,483,824$7,759,536$12,931,906
43$20,144,629$9,903,018$7,973,967$13,848,648
44$22,152,434$10,341,319$8,194,148$14,844,098
45$24,363,556$10,799,617$8,420,226$15,925,706
46$26,798,688$11,278,847$8,652,352$17,101,656
47$29,480,629$11,779,986$8,890,680$18,380,944
48$32,434,505$12,304,057$9,135,370$19,773,456
49$35,688,002$12,852,134$9,386,583$21,290,058
50$39,271,629$13,425,339$9,644,484$22,942,698
51$43,219,005$14,024,850$9,909,244$24,744,511
52$47,567,176$14,651,900$10,181,036$26,709,943
53$52,356,965$15,307,780$10,460,038$28,854,878
54$57,633,357$15,993,843$10,746,431$31,196,789
55$63,445,925$16,711,507$11,040,402$33,754,893
56$69,849,295$17,462,256$11,342,140$36,550,334
57$76,903,662$18,247,646$11,651,842$39,606,369
58$84,675,363$19,069,308$11,969,705$42,948,591
59$93,237,493$19,928,947$12,295,934$46,605,159
60$102,670,606$20,828,354$12,630,736$50,607,063
61$113,063,468$21,769,403$12,974,326$54,988,403
62$124,513,896$22,754,058$13,326,920$59,786,714
63$137,129,683$23,784,377$13,688,741$65,043,307
64$151,029,614$24,862,515$14,060,018$70,803,653
65$166,344,589$25,990,733$14,440,983$77,117,810
66$183,218,855$27,171,396$14,831,873$84,040,882
67$201,811,370$28,406,987$15,232,933$91,633,532
68$222,297,303$29,700,103$15,644,410$99,962,551
69$244,869,689$31,053,469$16,066,558$109,101,477
70$269,741,247$32,469,938$16,499,638$119,131,278
71$297,146,392$33,952,503$16,943,913$130,141,111
72$327,343,445$35,504,297$17,399,655$142,229,153
73$360,617,073$37,128,604$17,867,141$155,503,516
74$397,280,976$38,828,867$18,346,651$170,083,256
75$437,680,847$40,608,693$18,838,476$186,099,489
76$482,197,638$42,471,863$19,342,909$203,696,616
77$531,251,151$44,422,339$19,860,251$223,033,672
78$585,304,008$46,464,273$20,390,809$244,285,817
79$644,866,011$48,602,016$20,934,895$267,645,974
80$710,498,959$50,840,130$21,492,829$293,326,639
81$782,821,952$53,183,396$22,064,938$321,561,867
82$862,517,231$55,636,822$22,651,553$352,609,475
83$950,336,622$58,205,660$23,253,014$386,753,451
84$1,047,108,635$60,895,415$23,869,667$424,306,623
85$1,153,746,280$63,711,854$24,501,865$465,613,593
86$1,271,255,690$66,661,025$25,149,968$511,053,975
87$1,400,745,620$69,749,265$25,814,341$561,045,954
88$1,543,437,911$72,983,216$26,495,359$616,050,217
89$1,700,679,027$76,369,843$27,193,403$676,574,283
90$1,873,952,766$79,916,444$27,908,860$743,177,268
91$2,064,894,268$83,630,669$28,642,126$816,475,143
92$2,275,305,450$87,520,538$29,393,604$897,146,523
93$2,507,172,019$91,594,458$30,163,703$985,939,052
94$2,762,682,219$95,861,241$30,952,841$1,083,676,431
95$3,044,247,487$100,330,123$31,761,443$1,191,266,167
96$3,354,525,220$105,010,788$32,589,941$1,309,708,114
97$3,696,443,864$109,913,388$33,438,775$1,440,103,880
98$4,073,230,556$115,048,563$34,308,393$1,583,667,194
99$4,488,441,599$120,427,468$35,199,249$1,741,735,335
100$4,945,996,025$126,061,797$36,111,807$1,915,781,719