Can I retire at age 30 with 5,700,000?

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 $5,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$470,701$466,508$462,417$458,425$454,526$436,837
2 years$233,020$228,680$224,474$220,396$216,441$198,833
3 years$153,804$149,445$145,250$141,210$137,319$120,347
4 years$114,203$109,858$105,705$101,734$97,937$81,730
5 years$90,449$86,130$82,031$78,141$74,450$59,049
6 years$74,618$70,332$66,293$62,490$58,910$44,326
7 years$63,315$59,064$55,090$51,377$47,910$34,137
8 years$54,841$50,629$46,721$43,099$39,746$26,771
9 years$48,254$44,082$40,241$36,711$33,472$21,276
10 years$42,987$38,856$35,083$31,645$28,519$17,079
11 years$38,681$34,591$30,886$27,540$24,528$13,817
12 years$35,095$31,047$27,411$24,157$21,255$11,246
13 years$32,063$28,058$24,490$21,327$18,535$9,197
14 years$29,467$25,504$22,004$18,931$16,248$7,551
15 years$27,218$23,298$19,867$16,884$14,306$6,218
16 years$25,253$21,375$18,012$15,117$12,643$5,134
17 years$23,521$19,686$16,390$13,583$11,210$4,247
18 years$21,983$18,191$14,962$12,241$9,968$3,520
19 years$20,608$16,859$13,697$11,061$8,885$2,921
20 years$19,372$15,666$12,571$10,018$7,936$2,426
21 years$18,256$14,592$11,563$9,092$7,102$2,018
22 years$17,242$13,621$10,657$8,266$6,366$1,679
23 years$16,318$12,740$9,840$7,528$5,714$1,398
24 years$15,472$11,936$9,100$6,866$5,136$1,165
25 years$14,695$11,202$8,428$6,271$4,622$971
26 years$13,979$10,528$7,817$5,734$4,163$810
27 years$13,318$9,908$7,259$5,248$3,753$676
28 years$12,704$9,336$6,748$4,808$3,387$564
29 years$12,134$8,808$6,279$4,409$3,058$470
30 years$11,603$8,318$5,849$4,047$2,763$393
31 years$11,107$7,863$5,453$3,717$2,498$328
32 years$10,643$7,440$5,088$3,416$2,260$274
33 years$10,208$7,046$4,750$3,141$2,045$228
34 years$9,799$6,678$4,438$2,890$1,852$191
35 years$9,415$6,334$4,150$2,660$1,677$159
36 years$9,053$6,012$3,882$2,450$1,520$133
37 years$8,711$5,710$3,633$2,257$1,377$111
38 years$8,388$5,426$3,403$2,081$1,249$93
39 years$8,082$5,160$3,188$1,919$1,132$78
40 years$7,793$4,909$2,988$1,770$1,027$65
41 years$7,518$4,673$2,802$1,633$932$54
42 years$7,257$4,451$2,628$1,507$845$45
43 years$7,009$4,241$2,466$1,391$767$38
44 years$6,772$4,042$2,315$1,284$696$32
45 years$6,547$3,855$2,174$1,186$632$26
46 years$6,333$3,677$2,042$1,096$574$22
47 years$6,128$3,509$1,918$1,012$521$18
48 years$5,932$3,350$1,802$935$473$15
49 years$5,744$3,199$1,694$864$430$13
50 years$5,565$3,056$1,593$799$391$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $5,700,000, adding $5,546 every year, while hoping to spend $59,510 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: 41/39/20 Blend
29$5,700,000$5,700,000$5,700,000$5,700,000
30$6,287,121$5,985,021$5,896,671$6,507,634
31$6,865,089$6,214,969$6,030,891$6,895,258
32$7,500,015$6,454,189$6,167,613$7,308,393
33$8,197,647$6,703,075$6,306,858$7,754,339
34$8,964,314$6,962,033$6,448,646$8,236,129
35$9,806,993$7,231,491$6,592,994$8,757,091
36$10,733,367$7,511,895$6,739,920$9,320,884
37$11,751,903$7,803,710$6,889,439$9,931,526
38$12,871,926$8,107,421$7,041,565$10,593,433
39$14,103,714$8,423,536$7,196,308$11,311,458
40$15,458,587$8,752,584$7,353,680$12,090,935
41$16,949,022$9,095,119$7,513,686$12,937,729
42$18,588,760$9,451,718$7,676,333$13,858,287
43$20,392,947$9,822,985$7,841,623$14,859,699
44$22,378,267$10,209,551$8,009,557$15,949,762
45$24,563,104$10,612,073$8,180,132$17,137,051
46$26,967,716$11,031,240$8,353,341$18,430,999
47$29,614,423$11,467,770$8,529,178$19,841,983
48$32,527,817$11,922,414$8,707,628$21,381,419
49$35,734,999$12,395,957$8,888,678$23,061,870
50$39,265,827$12,889,217$9,072,307$24,897,159
51$43,153,204$13,403,052$9,258,492$26,902,496
52$47,433,385$13,938,355$9,447,206$29,094,624
53$52,146,319$14,496,064$9,638,416$31,491,967
54$57,336,026$15,077,153$9,832,086$34,114,809
55$63,051,013$15,682,646$10,028,173$36,985,474
56$69,344,731$16,313,610$10,226,631$40,128,540
57$76,276,076$16,971,160$10,427,406$43,571,064
58$83,909,952$17,656,462$10,630,439$47,342,835
59$92,317,874$18,370,736$10,835,667$51,476,651
60$101,578,652$19,115,257$11,043,016$56,008,627
61$111,779,127$19,891,357$11,252,409$60,978,529
62$123,014,992$20,700,428$11,463,760$66,430,145
63$135,391,699$21,543,927$11,676,974$72,411,696
64$149,025,450$22,423,376$11,891,949$78,976,289
65$164,044,292$23,340,368$12,108,576$86,182,405
66$180,589,331$24,296,568$12,326,735$94,094,456
67$198,816,059$25,293,715$12,546,297$102,783,382
68$218,895,821$26,333,632$12,767,122$112,327,317
69$241,017,436$27,418,220$12,989,061$122,812,321
70$265,388,974$28,549,473$13,211,954$134,333,186
71$292,239,723$29,729,471$13,435,628$146,994,326
72$321,822,352$30,960,392$13,659,900$160,910,755
73$354,415,297$32,244,516$13,884,570$176,209,167
74$390,325,384$33,584,224$14,109,430$193,029,126
75$429,890,731$34,982,009$14,334,254$211,524,372
76$473,483,937$36,440,479$14,558,803$231,864,271
77$521,515,596$37,962,360$14,782,821$254,235,401
78$574,438,179$39,550,507$15,006,037$278,843,310
79$632,750,296$41,207,906$15,228,163$305,914,442
80$697,001,412$42,937,678$15,448,891$335,698,270
81$767,797,024$44,743,093$15,667,898$368,469,643
82$845,804,386$46,627,569$15,884,837$404,531,364
83$931,758,798$48,594,685$16,099,344$444,217,048
84$1,026,470,555$50,648,184$16,311,032$487,894,253
85$1,130,832,590$52,791,984$16,519,490$535,967,944
86$1,245,828,907$55,030,184$16,724,286$588,884,302
87$1,372,543,868$57,367,075$16,924,961$647,134,923
88$1,512,172,427$59,807,146$17,121,032$711,261,450
89$1,666,031,415$62,355,097$17,311,988$781,860,671
90$1,835,571,969$65,015,846$17,497,288$859,590,140
91$2,022,393,227$67,794,540$17,676,365$945,174,368
92$2,228,257,431$70,696,567$17,848,618$1,039,411,652
93$2,455,106,556$73,727,567$18,013,414$1,143,181,594
94$2,705,080,649$76,893,441$18,170,087$1,257,453,387
95$2,980,538,025$80,200,370$18,317,935$1,383,294,948
96$3,284,077,537$83,654,822$18,456,220$1,521,882,987
97$3,618,563,106$87,263,567$18,584,163$1,674,514,089
98$3,987,150,756$91,033,696$18,700,946$1,842,616,942
99$4,393,318,415$94,972,629$18,805,709$2,027,765,802
100$4,840,898,740$99,088,135$18,897,548$2,231,695,334