Can I retire at age 30 with 5,900,000?

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 $5,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$487,216$482,877$478,642$474,510$470,474$455,050
2 years$241,196$236,704$232,351$228,130$224,035$208,643
3 years$159,200$154,689$150,346$146,165$142,137$127,260
4 years$118,210$113,713$109,414$105,304$101,373$87,125
5 years$93,623$89,152$84,909$80,883$77,063$63,481
6 years$77,236$72,799$68,619$64,683$60,977$48,073
7 years$65,536$61,137$57,023$53,179$49,591$37,363
8 years$56,765$52,406$48,360$44,611$41,140$29,580
9 years$49,947$45,628$41,653$37,999$34,646$23,740
10 years$44,496$40,219$36,314$32,755$29,520$19,251
11 years$40,038$35,805$31,970$28,507$25,388$15,737
12 years$36,327$32,136$28,373$25,004$22,001$12,946
13 years$33,188$29,042$25,349$22,075$19,185$10,704
14 years$30,501$26,398$22,776$19,596$16,818$8,887
15 years$28,174$24,115$20,564$17,476$14,808$7,402
16 years$26,139$22,125$18,644$15,648$13,087$6,183
17 years$24,346$20,377$16,965$14,059$11,604$5,176
18 years$22,754$18,829$15,487$12,670$10,318$4,341
19 years$21,331$17,450$14,178$11,449$9,196$3,646
20 years$20,052$16,216$13,012$10,369$8,214$3,066
21 years$18,897$15,104$11,968$9,411$7,351$2,582
22 years$17,847$14,099$11,031$8,556$6,589$2,176
23 years$16,891$13,187$10,185$7,792$5,915$1,835
24 years$16,015$12,355$9,419$7,107$5,316$1,548
25 years$15,211$11,595$8,724$6,491$4,784$1,307
26 years$14,470$10,897$8,091$5,935$4,309$1,104
27 years$13,785$10,256$7,513$5,432$3,885$933
28 years$13,150$9,664$6,985$4,977$3,506$789
29 years$12,560$9,117$6,500$4,564$3,165$667
30 years$12,010$8,610$6,054$4,189$2,860$564
31 years$11,497$8,139$5,644$3,847$2,586$477
32 years$11,016$7,701$5,266$3,535$2,339$404
33 years$10,566$7,293$4,917$3,251$2,117$341
34 years$10,143$6,912$4,594$2,991$1,917$289
35 years$9,745$6,556$4,295$2,754$1,736$244
36 years$9,371$6,223$4,018$2,536$1,573$207
37 years$9,017$5,910$3,761$2,337$1,426$175
38 years$8,682$5,617$3,522$2,154$1,292$148
39 years$8,366$5,341$3,300$1,986$1,172$126
40 years$8,066$5,082$3,093$1,832$1,063$106
41 years$7,782$4,837$2,900$1,690$964$90
42 years$7,512$4,607$2,720$1,560$875$76
43 years$7,255$4,389$2,553$1,440$794$64
44 years$7,010$4,184$2,396$1,329$721$55
45 years$6,777$3,990$2,250$1,228$654$46
46 years$6,555$3,806$2,113$1,134$594$39
47 years$6,343$3,632$1,985$1,048$540$33
48 years$6,140$3,467$1,866$968$490$28
49 years$5,946$3,311$1,754$895$445$24
50 years$5,760$3,163$1,649$827$404$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $5,900,000, adding $2,209 every year, while hoping to spend $21,207 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: 58/12/30 Blend
29$5,900,000$5,900,000$5,900,000$5,900,000
30$6,504,079$6,191,379$6,099,929$6,827,629
31$7,144,931$6,472,192$6,281,712$7,330,812
32$7,850,439$6,766,055$6,468,875$7,876,820
33$8,627,175$7,073,583$6,661,574$8,471,792
34$9,482,383$7,395,425$6,859,972$9,120,490
35$10,424,042$7,732,256$7,064,237$9,828,152
36$11,460,945$8,084,788$7,274,540$10,600,540
37$12,602,782$8,453,763$7,491,058$11,443,998
38$13,860,231$8,839,963$7,713,974$12,365,502
39$15,245,056$9,244,202$7,943,473$13,372,736
40$16,770,223$9,667,339$8,179,751$14,474,152
41$18,450,017$10,110,270$8,423,004$15,679,056
42$20,300,181$10,573,935$8,673,436$16,997,693
43$22,338,061$11,059,320$8,931,259$18,441,338
44$24,582,775$11,567,458$9,196,687$20,022,406
45$27,055,385$12,099,431$9,469,943$21,754,568
46$29,779,104$12,656,373$9,751,256$23,652,872
47$32,779,511$13,239,474$10,040,862$25,733,889
48$36,084,792$13,849,979$10,339,001$28,015,869
49$39,726,008$14,489,194$10,645,924$30,518,905
50$43,737,385$15,158,489$10,961,887$33,265,125
51$48,156,641$15,859,299$11,287,154$36,278,900
52$53,025,340$16,593,126$11,621,995$39,587,069
53$58,389,283$17,361,547$11,966,690$43,219,190
54$64,298,942$18,166,215$12,321,526$47,207,822
55$70,809,936$19,008,861$12,686,799$51,588,823
56$77,983,555$19,891,301$13,062,812$56,401,690
57$85,887,340$20,815,437$13,449,878$61,689,929
58$94,595,718$21,783,263$13,848,320$67,501,462
59$104,190,710$22,796,871$14,258,466$73,889,079
60$114,762,696$23,858,452$14,680,659$80,910,930
61$126,411,278$24,970,303$15,115,248$88,631,073
62$139,246,213$26,134,833$15,562,594$97,120,076
63$153,388,453$27,354,565$16,023,066$106,455,679
64$168,971,283$28,632,147$16,497,047$116,723,525
65$186,141,585$29,970,353$16,984,929$128,017,964
66$205,061,216$31,372,090$17,487,114$140,442,942
67$225,908,546$32,840,408$18,004,018$154,112,977
68$248,880,133$34,378,503$18,536,067$169,154,237
69$274,192,582$35,989,725$19,083,701$185,705,725
70$302,084,591$37,677,588$19,647,371$203,920,589
71$332,819,203$39,445,773$20,227,541$223,967,563
72$366,686,287$41,298,142$20,824,690$246,032,555
73$404,005,279$43,238,741$21,439,308$270,320,398
74$445,128,194$45,271,816$22,071,901$297,056,775
75$490,442,949$47,401,814$22,722,989$326,490,350
76$540,377,027$49,633,400$23,393,106$358,895,106
77$595,401,510$51,971,463$24,082,802$394,572,926
78$656,035,532$54,421,132$24,792,643$433,856,440
79$722,851,169$56,987,781$25,523,210$477,112,155
80$796,478,853$59,677,047$26,275,101$524,743,910
81$877,613,311$62,494,837$27,048,933$577,196,684
82$967,020,133$65,447,348$27,845,336$634,960,787
83$1,065,542,994$68,541,076$28,664,962$698,576,482
84$1,174,111,621$71,782,830$29,508,480$768,639,078
85$1,293,750,570$75,179,753$30,376,579$845,804,544
86$1,425,588,899$78,739,331$31,269,964$930,795,688
87$1,570,870,824$82,469,416$32,189,365$1,024,408,981
88$1,730,967,468$86,378,238$33,135,529$1,127,522,056
89$1,907,389,807$90,474,428$34,109,226$1,241,101,994
90$2,101,802,929$94,767,037$35,111,248$1,366,214,438
91$2,316,041,760$99,265,554$36,142,406$1,504,033,646
92$2,552,128,382$103,979,928$37,203,539$1,655,853,564
93$2,812,291,126$108,920,594$38,295,507$1,823,100,032
94$3,098,985,607$114,098,490$39,419,193$2,007,344,235
95$3,414,917,911$119,525,087$40,575,507$2,210,317,518
96$3,763,070,136$125,212,415$41,765,385$2,433,927,725
97$4,146,728,552$131,173,085$42,989,788$2,680,277,194
98$4,569,514,622$137,420,324$44,249,703$2,951,682,591
99$5,035,419,194$143,968,000$45,546,149$3,250,696,768
100$5,548,840,175$150,830,656$46,880,169$3,580,132,846