Can I retire at age 30 with 6,100,000?

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 $6,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$503,732$499,245$494,868$490,595$486,423$481,543
2 years$249,372$244,728$240,227$235,863$231,630$226,715
3 years$164,597$159,933$155,443$151,120$146,955$142,158
4 years$122,217$117,567$113,123$108,873$104,810$100,167
5 years$96,796$92,174$87,788$83,625$79,675$75,200
6 years$79,855$75,267$70,946$66,876$63,044$58,742
7 years$67,758$63,209$58,956$54,982$51,272$47,145
8 years$58,690$54,182$49,999$46,123$42,535$38,583
9 years$51,640$47,175$43,064$39,287$35,820$32,043
10 years$46,004$41,583$37,545$33,866$30,521$26,914
11 years$41,396$37,019$33,054$29,473$26,249$22,811
12 years$37,558$33,226$29,334$25,852$22,747$19,474
13 years$34,313$30,026$26,208$22,823$19,836$16,724
14 years$31,535$27,293$23,548$20,260$17,388$14,433
15 years$29,129$24,933$21,261$18,068$15,310$12,507
16 years$27,025$22,875$19,276$16,178$13,531$10,876
17 years$25,171$21,067$17,540$14,536$11,997$9,485
18 years$23,525$19,467$16,012$13,100$10,667$8,294
19 years$22,054$18,042$14,658$11,837$9,508$7,267
20 years$20,732$16,766$13,453$10,721$8,493$6,380
21 years$19,537$15,616$12,374$9,730$7,600$5,610
22 years$18,452$14,577$11,405$8,846$6,812$4,940
23 years$17,463$13,634$10,530$8,057$6,115$4,355
24 years$16,558$12,774$9,739$7,348$5,496$3,844
25 years$15,727$11,988$9,020$6,711$4,946$3,396
26 years$14,960$11,267$8,365$6,136$4,455$3,002
27 years$14,252$10,603$7,768$5,616$4,017$2,656
28 years$13,596$9,991$7,221$5,146$3,624$2,352
29 years$12,985$9,426$6,720$4,719$3,273$2,083
30 years$12,417$8,902$6,260$4,331$2,957$1,846
31 years$11,886$8,415$5,836$3,977$2,673$1,637
32 years$11,390$7,962$5,445$3,655$2,418$1,452
33 years$10,924$7,540$5,084$3,361$2,189$1,288
34 years$10,487$7,147$4,750$3,093$1,982$1,144
35 years$10,076$6,778$4,441$2,847$1,795$1,015
36 years$9,688$6,434$4,154$2,622$1,626$902
37 years$9,322$6,111$3,888$2,416$1,474$801
38 years$8,977$5,807$3,641$2,227$1,336$711
39 years$8,650$5,522$3,412$2,053$1,212$632
40 years$8,340$5,254$3,198$1,894$1,099$562
41 years$8,046$5,001$2,998$1,747$997$499
42 years$7,766$4,763$2,813$1,613$905$444
43 years$7,501$4,538$2,639$1,489$821$394
44 years$7,248$4,326$2,477$1,374$745$351
45 years$7,007$4,125$2,326$1,269$677$312
46 years$6,777$3,935$2,185$1,172$614$277
47 years$6,558$3,755$2,053$1,083$558$247
48 years$6,348$3,585$1,929$1,001$507$219
49 years$6,148$3,423$1,813$925$460$195
50 years$5,956$3,270$1,704$855$418$173

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $6,100,000, adding $5,870 every year, while hoping to spend $29,140 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: 59/21/20 Blend
29$6,100,000$6,100,000$6,100,000$6,100,000
30$6,728,255$6,404,955$6,310,405$7,089,418
31$7,383,532$6,687,793$6,490,799$7,617,920
32$8,104,671$6,983,513$6,676,259$8,190,344
33$8,898,359$7,292,717$6,866,925$8,813,987
34$9,771,963$7,616,032$7,062,939$9,493,806
35$10,733,604$7,954,118$7,264,448$10,235,257
36$11,792,226$8,307,664$7,471,601$11,044,339
37$12,957,687$8,677,394$7,684,554$11,927,651
38$14,240,849$9,064,064$7,903,464$12,892,456
39$15,653,680$9,468,467$8,128,494$13,946,744
40$17,209,367$9,891,434$8,359,811$15,099,307
41$18,922,444$10,333,836$8,597,587$16,359,819
42$20,808,923$10,796,584$8,841,995$17,738,931
43$22,886,449$11,280,632$9,093,218$19,248,362
44$25,174,466$11,786,982$9,351,440$20,901,012
45$27,694,399$12,316,681$9,616,850$22,711,083
46$30,469,857$12,870,828$9,889,645$24,694,206
47$33,526,857$13,450,573$10,170,022$26,867,592
48$36,894,067$14,057,122$10,458,188$29,250,189
49$40,603,077$14,691,736$10,754,353$31,862,858
50$44,688,700$15,355,740$11,058,733$34,728,568
51$49,189,296$16,050,520$11,371,548$37,872,613
52$54,147,136$16,777,528$11,693,027$41,322,844
53$59,608,803$17,538,285$12,023,403$45,109,931
54$65,625,627$18,334,388$12,362,914$49,267,650
55$72,254,175$19,167,507$12,711,805$53,833,196
56$79,556,779$20,039,392$13,070,328$58,847,536
57$87,602,127$20,951,880$13,438,741$64,355,787
58$96,465,914$21,906,891$13,817,308$70,407,642
59$106,231,550$22,906,442$14,206,302$77,057,834
60$116,990,954$23,952,644$14,605,998$84,366,648
61$128,845,416$25,047,708$15,016,684$92,400,488
62$141,906,558$26,193,955$15,438,652$101,232,499
63$156,297,381$27,393,813$15,872,201$110,943,253
64$172,153,433$28,649,829$16,317,640$121,621,504
65$189,624,085$29,964,672$16,775,282$133,365,024
66$208,873,940$31,341,140$17,245,452$146,281,517
67$230,084,388$32,782,162$17,728,481$160,489,635
68$253,455,319$34,290,811$18,224,709$176,120,088
69$279,207,009$35,870,308$18,734,484$193,316,876
70$307,582,197$37,524,026$19,258,162$212,238,643
71$338,848,380$39,255,503$19,796,110$233,060,163
72$373,300,338$41,068,445$20,348,702$255,973,991
73$411,262,911$42,966,738$20,916,323$281,192,269
74$453,094,075$44,954,455$21,499,366$308,948,721
75$499,188,311$47,035,863$22,098,235$339,500,857
76$549,980,336$49,215,438$22,713,344$373,132,392
77$605,949,205$51,497,869$23,345,115$410,155,919
78$667,622,830$53,888,071$23,993,983$450,915,850
79$735,582,970$56,391,198$24,660,393$495,791,658
80$810,470,717$59,012,650$25,344,800$545,201,454
81$892,992,549$61,758,090$26,047,670$599,605,920
82$983,927,004$64,633,451$26,769,482$659,512,650
83$1,084,132,024$67,644,955$27,510,724$725,480,936
84$1,194,553,056$70,799,123$28,271,899$798,127,027
85$1,316,231,980$74,102,792$29,053,520$878,129,946
86$1,450,316,941$77,563,128$29,856,112$966,237,881
87$1,598,073,190$81,187,644$30,680,213$1,063,275,241
88$1,760,895,031$84,984,214$31,526,376$1,170,150,422
89$1,940,318,979$88,961,095$32,395,164$1,287,864,371
90$2,138,038,268$93,126,941$33,287,155$1,417,520,023
91$2,355,918,837$97,490,827$34,202,941$1,560,332,694
92$2,596,016,945$102,062,265$35,143,126$1,717,641,545
93$2,860,598,583$106,851,225$36,108,331$1,890,922,202
94$3,152,160,868$111,868,164$37,099,189$2,081,800,676
95$3,473,455,614$117,124,042$38,116,349$2,292,068,690
96$3,827,515,316$122,630,350$39,160,476$2,523,700,582
97$4,217,681,776$128,399,134$40,232,249$2,778,871,917
98$4,647,637,651$134,443,026$41,332,364$3,059,980,014
99$5,121,441,224$140,775,266$42,461,530$3,369,666,551
100$5,643,564,714$147,409,739$43,620,477$3,710,842,485