Can I retire at age 30 with 5,600,000?

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 $5,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$462,443$458,324$454,305$450,382$446,552$432,951
2 years$228,932$224,668$220,536$216,530$212,644$199,058
3 years$151,105$146,823$142,702$138,733$134,910$121,765
4 years$112,200$107,931$103,850$99,949$96,219$83,616
5 years$88,862$84,619$80,592$76,771$73,144$61,117
6 years$73,309$69,098$65,130$61,394$57,876$46,436
7 years$62,204$58,028$54,124$50,475$47,069$36,214
8 years$53,879$49,741$45,901$42,343$39,048$28,772
9 years$47,408$43,308$39,535$36,066$32,884$23,176
10 years$42,233$38,174$34,467$31,090$28,019$18,865
11 years$38,003$33,984$30,344$27,057$24,097$15,481
12 years$34,480$30,502$26,930$23,733$20,882$12,786
13 years$31,501$27,565$24,060$20,953$18,210$10,615
14 years$28,950$25,056$21,618$18,599$15,963$8,850
15 years$26,741$22,889$19,518$16,587$14,055$7,403
16 years$24,810$21,000$17,696$14,852$12,422$6,210
17 years$23,108$19,341$16,103$13,345$11,014$5,221
18 years$21,597$17,872$14,700$12,026$9,793$4,398
19 years$20,247$16,563$13,457$10,867$8,729$3,711
20 years$19,033$15,391$12,350$9,842$7,797$3,136
21 years$17,936$14,336$11,360$8,932$6,977$2,652
22 years$16,940$13,383$10,470$8,121$6,254$2,246
23 years$16,032$12,516$9,667$7,396$5,614$1,903
24 years$15,201$11,727$8,940$6,746$5,046$1,613
25 years$14,438$11,005$8,280$6,161$4,541$1,369
26 years$13,734$10,343$7,680$5,633$4,090$1,162
27 years$13,084$9,734$7,131$5,156$3,687$986
28 years$12,481$9,172$6,629$4,724$3,327$838
29 years$11,921$8,653$6,169$4,332$3,004$712
30 years$11,399$8,172$5,746$3,976$2,715$605
31 years$10,912$7,725$5,357$3,651$2,454$514
32 years$10,456$7,310$4,998$3,356$2,220$437
33 years$10,029$6,922$4,667$3,086$2,009$372
34 years$9,627$6,561$4,361$2,839$1,819$316
35 years$9,250$6,223$4,077$2,614$1,648$269
36 years$8,894$5,906$3,814$2,407$1,493$229
37 years$8,558$5,610$3,570$2,218$1,353$195
38 years$8,241$5,331$3,343$2,044$1,227$166
39 years$7,941$5,069$3,132$1,885$1,112$141
40 years$7,656$4,823$2,936$1,739$1,009$120
41 years$7,386$4,591$2,753$1,604$915$102
42 years$7,130$4,372$2,582$1,480$831$87
43 years$6,886$4,166$2,423$1,367$754$74
44 years$6,654$3,971$2,274$1,262$684$63
45 years$6,432$3,787$2,135$1,165$621$53
46 years$6,221$3,613$2,006$1,076$564$45
47 years$6,020$3,447$1,884$994$512$39
48 years$5,828$3,291$1,771$919$465$33
49 years$5,644$3,143$1,664$849$422$28
50 years$5,468$3,002$1,565$785$384$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $5,600,000, adding $4,196 every year, while hoping to spend $40,882 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: 37/47/16 Blend
29$5,600,000$5,600,000$5,600,000$5,600,000
30$6,175,528$5,878,728$5,791,928$6,373,866
31$6,761,934$6,123,288$5,942,460$6,761,597
32$7,406,783$6,378,460$6,096,664$7,175,925
33$8,115,993$6,644,723$6,254,620$7,622,588
34$8,896,085$6,922,575$6,416,411$8,104,502
35$9,754,242$7,212,538$6,582,117$8,624,868
36$10,698,380$7,515,158$6,751,823$9,187,196
37$11,737,221$7,831,006$6,925,615$9,795,340
38$12,880,372$8,160,681$7,103,578$10,453,525
39$14,138,423$8,504,807$7,285,800$11,166,392
40$15,523,038$8,864,039$7,472,371$11,939,035
41$17,047,073$9,239,062$7,663,381$12,777,047
42$18,724,692$9,630,593$7,858,921$13,686,574
43$20,571,500$10,039,381$8,059,085$14,674,363
44$22,604,694$10,466,212$8,263,965$15,747,829
45$24,843,224$10,911,908$8,473,659$16,915,119
46$27,307,969$11,377,327$8,688,263$18,185,186
47$30,021,935$11,863,370$8,907,873$19,567,872
48$33,010,476$12,370,978$9,132,590$21,073,994
49$36,301,527$12,901,138$9,362,514$22,715,445
50$39,925,870$13,454,881$9,597,746$24,505,303
51$43,917,426$14,033,288$9,838,388$26,457,948
52$48,313,573$14,637,489$10,084,543$28,589,195
53$53,155,499$15,268,667$10,336,317$30,916,439
54$58,488,591$15,928,062$10,593,814$33,458,814
55$64,362,861$16,616,972$10,857,141$36,237,371
56$70,833,423$17,336,754$11,126,406$39,275,268
57$77,961,007$18,088,830$11,401,715$42,597,987
58$85,812,536$18,874,688$11,683,179$46,233,567
59$94,461,755$19,695,889$11,970,906$50,212,864
60$103,989,930$20,554,062$12,265,006$54,569,836
61$114,486,609$21,450,918$12,565,591$59,341,856
62$126,050,477$22,388,246$12,872,771$64,570,063
63$138,790,274$23,367,920$13,186,658$70,299,738
64$152,825,835$24,391,900$13,507,364$76,580,727
65$168,289,210$25,462,243$13,835,000$83,467,905
66$185,325,916$26,581,100$14,169,679$91,021,684
67$204,096,309$27,750,723$14,511,513$99,308,577
68$224,777,097$28,973,473$14,860,614$108,401,818
69$247,563,009$30,251,822$15,217,092$118,382,043
70$272,668,632$31,588,357$15,581,061$129,338,041
71$300,330,435$32,985,789$15,952,629$141,367,587
72$330,809,004$34,446,958$16,331,907$154,578,350
73$364,391,501$35,974,837$16,719,005$169,088,901
74$401,394,372$37,572,542$17,114,029$185,029,823
75$442,166,337$39,243,335$17,517,087$202,544,928
76$487,091,678$40,990,633$17,928,285$221,792,608
77$536,593,872$42,818,017$18,347,725$242,947,312
78$591,139,584$44,729,237$18,775,511$266,201,185
79$651,243,071$46,728,219$19,211,741$291,765,864
80$717,471,043$48,819,081$19,656,513$319,874,464
81$790,448,006$51,006,132$20,109,922$350,783,762
82$870,862,158$53,293,888$20,572,060$384,776,607
83$959,471,890$55,687,080$21,043,016$422,164,573
84$1,057,112,941$58,190,666$21,522,875$463,290,882
85$1,164,706,289$60,809,837$22,011,720$508,533,628
86$1,283,266,846$63,550,034$22,509,627$558,309,326
87$1,413,913,035$66,416,956$23,016,671$613,076,826
88$1,557,877,355$69,416,577$23,532,919$673,341,622
89$1,716,518,008$72,555,153$24,058,435$739,660,604
90$1,891,331,729$75,839,239$24,593,277$812,647,292
91$2,083,967,909$79,275,705$25,137,495$892,977,606
92$2,296,244,170$82,871,750$25,691,136$981,396,219
93$2,530,163,524$86,634,913$26,254,237$1,078,723,564
94$2,787,933,278$90,573,099$26,826,829$1,185,863,551
95$3,071,985,879$94,694,588$27,408,935$1,303,812,073
96$3,385,001,873$99,008,057$28,000,568$1,433,666,376
97$3,729,935,212$103,522,599$28,601,735$1,576,635,389
98$4,110,041,140$108,247,743$29,212,429$1,734,051,104
99$4,528,906,927$113,193,473$29,832,637$1,907,381,115
100$4,990,485,735$118,370,255$30,462,332$2,098,242,440