Can I retire at age 30 with 2,660,000?

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 $2,660,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$219,660$217,704$215,795$213,932$212,112$207,490
2 years$108,743$106,717$104,755$102,852$101,006$96,373
3 years$71,775$69,741$67,783$65,898$64,082$59,582
4 years$53,295$51,267$49,329$47,476$45,704$41,372
5 years$42,210$40,194$38,281$36,466$34,743$30,592
6 years$34,822$32,821$30,937$29,162$27,491$23,524
7 years$29,547$27,563$25,709$23,976$22,358$18,576
8 years$25,593$23,627$21,803$20,113$18,548$14,950
9 years$22,519$20,571$18,779$17,132$15,620$12,204
10 years$20,061$18,133$16,372$14,768$13,309$10,071
11 years$18,051$16,143$14,414$12,852$11,446$8,381
12 years$16,378$14,489$12,792$11,273$9,919$7,023
13 years$14,963$13,094$11,429$9,952$8,650$5,918
14 years$13,751$11,902$10,269$8,835$7,582$5,008
15 years$12,702$10,872$9,271$7,879$6,676$4,255
16 years$11,785$9,975$8,406$7,055$5,900$3,626
17 years$10,976$9,187$7,649$6,339$5,232$3,098
18 years$10,259$8,489$6,982$5,712$4,652$2,652
19 years$9,617$7,868$6,392$5,162$4,146$2,275
20 years$9,040$7,311$5,866$4,675$3,703$1,955
21 years$8,519$6,810$5,396$4,243$3,314$1,681
22 years$8,046$6,357$4,973$3,858$2,971$1,448
23 years$7,615$5,945$4,592$3,513$2,667$1,248
24 years$7,220$5,570$4,247$3,204$2,397$1,077
25 years$6,858$5,227$3,933$2,926$2,157$930
26 years$6,524$4,913$3,648$2,676$1,943$803
27 years$6,215$4,624$3,387$2,449$1,752$695
28 years$5,929$4,357$3,149$2,244$1,580$601
29 years$5,662$4,110$2,930$2,058$1,427$520
30 years$5,415$3,882$2,730$1,888$1,289$450
31 years$5,183$3,669$2,545$1,734$1,166$389
32 years$4,967$3,472$2,374$1,594$1,055$337
33 years$4,764$3,288$2,217$1,466$954$292
34 years$4,573$3,116$2,071$1,349$864$253
35 years$4,394$2,956$1,937$1,242$783$219
36 years$4,225$2,806$1,812$1,143$709$190
37 years$4,065$2,665$1,696$1,053$643$165
38 years$3,914$2,532$1,588$971$583$143
39 years$3,772$2,408$1,488$895$528$124
40 years$3,637$2,291$1,394$826$479$107
41 years$3,508$2,181$1,307$762$435$93
42 years$3,387$2,077$1,226$703$395$81
43 years$3,271$1,979$1,151$649$358$70
44 years$3,160$1,886$1,080$599$325$61
45 years$3,055$1,799$1,014$554$295$52
46 years$2,955$1,716$953$511$268$46
47 years$2,860$1,638$895$472$243$39
48 years$2,768$1,563$841$436$221$34
49 years$2,681$1,493$791$403$201$30
50 years$2,597$1,426$743$373$182$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,660,000, adding $6,166 every year, while hoping to spend $27,854 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: 58/35/7 Blend
29$2,660,000$2,660,000$2,660,000$2,660,000
30$2,937,680$2,796,700$2,755,470$3,103,300
31$3,207,687$2,904,102$2,818,142$3,322,676
32$3,504,301$3,015,833$2,881,980$3,557,974
33$3,830,207$3,132,076$2,946,993$3,813,737
34$4,188,362$3,253,021$3,013,191$4,091,928
35$4,582,024$3,378,869$3,080,582$4,394,702
36$5,014,783$3,509,826$3,149,174$4,724,430
37$5,490,593$3,646,109$3,218,974$5,083,721
38$6,013,811$3,787,946$3,289,987$5,475,442
39$6,589,238$3,935,574$3,362,219$5,902,750
40$7,222,161$4,089,238$3,435,675$6,369,116
41$7,918,409$4,249,198$3,510,358$6,878,359
42$8,684,401$4,415,723$3,586,269$7,434,682
43$9,527,211$4,589,095$3,663,410$8,042,710
44$10,454,633$4,769,607$3,741,781$8,707,532
45$11,475,255$4,957,567$3,821,380$9,434,751
46$12,598,540$5,153,296$3,902,205$10,230,532
47$13,834,913$5,357,130$3,984,250$11,101,662
48$15,195,862$5,569,418$4,067,511$12,055,613
49$16,694,047$5,790,526$4,151,980$13,100,608
50$18,343,415$6,020,837$4,237,647$14,245,702
51$20,159,336$6,260,751$4,324,500$15,500,866
52$22,158,745$6,510,684$4,412,528$16,877,077
53$24,360,303$6,771,074$4,501,713$18,386,419
54$26,784,573$7,042,375$4,592,040$20,042,204
55$29,454,214$7,325,066$4,683,487$21,859,087
56$32,394,192$7,619,643$4,776,033$23,853,207
57$35,632,022$7,926,627$4,869,651$26,042,340
58$39,198,019$8,246,562$4,964,316$28,446,060
59$43,125,591$8,580,018$5,059,994$31,085,926
60$47,451,550$8,927,588$5,156,653$33,985,685
61$52,216,463$9,289,894$5,254,256$37,171,489
62$57,465,029$9,667,587$5,352,761$40,672,145
63$63,246,508$10,061,344$5,452,124$44,519,383
64$69,615,179$10,471,877$5,552,297$48,748,155
65$76,630,857$10,899,928$5,653,229$53,396,961
66$84,359,454$11,346,274$5,754,861$58,508,211
67$92,873,603$11,811,727$5,857,135$64,128,622
68$102,253,345$12,297,136$5,959,983$70,309,660
69$112,586,880$12,803,389$6,063,335$77,108,021
70$123,971,401$13,331,415$6,167,117$84,586,163
71$136,514,014$13,882,184$6,271,246$92,812,894
72$150,332,746$14,456,714$6,375,635$101,864,019
73$165,557,659$15,056,066$6,480,192$111,823,053
74$182,332,079$15,681,352$6,584,817$122,782,004
75$200,813,948$16,333,734$6,689,404$134,842,243
76$221,177,312$17,014,430$6,793,841$148,115,451
77$243,613,971$17,724,709$6,898,008$162,724,677
78$268,335,281$18,465,905$7,001,776$178,805,493
79$295,574,154$19,239,409$7,105,010$196,507,267
80$325,587,255$20,046,678$7,207,566$215,994,574
81$358,657,426$20,889,235$7,309,290$237,448,744
82$395,096,353$21,768,677$7,410,020$261,069,569
83$435,247,510$22,686,671$7,509,585$287,077,184
84$479,489,402$23,644,964$7,607,802$315,714,143
85$528,239,136$24,645,383$7,704,478$347,247,701
86$581,956,360$25,689,839$7,799,411$381,972,334
87$641,147,602$26,780,334$7,892,384$420,212,513
88$706,371,048$27,918,961$7,983,170$462,325,763
89$778,241,817$29,107,912$8,071,528$508,706,030
90$857,437,764$30,349,481$8,157,206$559,787,395
91$944,705,878$31,646,069$8,239,935$616,048,168
92$1,040,869,339$33,000,187$8,319,433$678,015,393
93$1,146,835,281$34,414,466$8,395,404$746,269,821
94$1,263,603,364$35,891,659$8,467,534$821,451,380
95$1,392,275,203$37,434,646$8,535,493$904,265,216
96$1,534,064,776$39,046,446$8,598,934$995,488,335
97$1,690,309,876$40,730,215$8,657,492$1,095,976,937
98$1,862,484,748$42,489,260$8,710,781$1,206,674,485
99$2,052,213,999$44,327,040$8,758,399$1,328,620,606
100$2,261,287,941$46,247,180$8,799,920$1,462,960,895