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

Use the below retirement simulation to view the chances of a successful retirement.
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%12.5%
1 years$219,660$217,704$215,795$213,932$212,112$209,897
2 years$108,743$106,717$104,755$102,852$101,006$98,775
3 years$71,775$69,741$67,783$65,898$64,082$61,905
4 years$53,295$51,267$49,329$47,476$45,704$43,597
5 years$42,210$40,194$38,281$36,466$34,743$32,713
6 years$34,822$32,821$30,937$29,162$27,491$25,540
7 years$29,547$27,563$25,709$23,976$22,358$20,487
8 years$25,593$23,627$21,803$20,113$18,548$16,757
9 years$22,519$20,571$18,779$17,132$15,620$13,908
10 years$20,061$18,133$16,372$14,768$13,309$11,675
11 years$18,051$16,143$14,414$12,852$11,446$9,889
12 years$16,378$14,489$12,792$11,273$9,919$8,437
13 years$14,963$13,094$11,429$9,952$8,650$7,241
14 years$13,751$11,902$10,269$8,835$7,582$6,245
15 years$12,702$10,872$9,271$7,879$6,676$5,408
16 years$11,785$9,975$8,406$7,055$5,900$4,699
17 years$10,976$9,187$7,649$6,339$5,232$4,096
18 years$10,259$8,489$6,982$5,712$4,652$3,578
19 years$9,617$7,868$6,392$5,162$4,146$3,133
20 years$9,040$7,311$5,866$4,675$3,703$2,749
21 years$8,519$6,810$5,396$4,243$3,314$2,415
22 years$8,046$6,357$4,973$3,858$2,971$2,125
23 years$7,615$5,945$4,592$3,513$2,667$1,872
24 years$7,220$5,570$4,247$3,204$2,397$1,651
25 years$6,858$5,227$3,933$2,926$2,157$1,457
26 years$6,524$4,913$3,648$2,676$1,943$1,288
27 years$6,215$4,624$3,387$2,449$1,752$1,138
28 years$5,929$4,357$3,149$2,244$1,580$1,007
29 years$5,662$4,110$2,930$2,058$1,427$891
30 years$5,415$3,882$2,730$1,888$1,289$789
31 years$5,183$3,669$2,545$1,734$1,166$699
32 years$4,967$3,472$2,374$1,594$1,055$620
33 years$4,764$3,288$2,217$1,466$954$549
34 years$4,573$3,116$2,071$1,349$864$487
35 years$4,394$2,956$1,937$1,242$783$432
36 years$4,225$2,806$1,812$1,143$709$383
37 years$4,065$2,665$1,696$1,053$643$340
38 years$3,914$2,532$1,588$971$583$302
39 years$3,772$2,408$1,488$895$528$268
40 years$3,637$2,291$1,394$826$479$238
41 years$3,508$2,181$1,307$762$435$211
42 years$3,387$2,077$1,226$703$395$188
43 years$3,271$1,979$1,151$649$358$167
44 years$3,160$1,886$1,080$599$325$148
45 years$3,055$1,799$1,014$554$295$132
46 years$2,955$1,716$953$511$268$117
47 years$2,860$1,638$895$472$243$104
48 years$2,768$1,563$841$436$221$92
49 years$2,681$1,493$791$403$201$82
50 years$2,597$1,426$743$373$182$73

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 $2,185 every year, while hoping to spend $36,755 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: 62/28/10 Blend
29$2,660,000$2,660,000$2,660,000$2,660,000
30$2,933,574$2,792,594$2,751,364$3,108,748
31$3,193,691$2,890,324$2,804,427$3,323,982
32$3,479,109$2,991,611$2,858,037$3,554,380
33$3,792,368$3,096,590$2,912,172$3,804,943
34$4,136,270$3,205,403$2,966,809$4,077,623
35$4,513,897$3,318,195$3,021,925$4,374,567
36$4,928,648$3,435,120$3,077,492$4,698,139
37$5,384,264$3,556,336$3,133,483$5,050,940
38$5,884,870$3,682,007$3,189,866$5,435,833
39$6,435,007$3,812,305$3,246,606$5,855,967
40$7,039,679$3,947,410$3,303,669$6,314,810
41$7,704,400$4,087,506$3,361,015$6,816,180
42$8,435,242$4,232,787$3,418,602$7,364,279
43$9,238,897$4,383,454$3,476,386$7,963,733
44$10,122,737$4,539,716$3,534,318$8,619,637
45$11,094,886$4,701,792$3,592,347$9,337,598
46$12,164,293$4,869,908$3,650,419$10,123,792
47$13,340,817$5,044,300$3,708,474$10,985,021
48$14,635,323$5,225,213$3,766,451$11,928,772
49$16,059,782$5,412,905$3,824,283$12,963,292
50$17,627,383$5,607,640$3,881,900$14,097,665
51$19,352,658$5,809,697$3,939,226$15,341,893
52$21,251,621$6,019,364$3,996,182$16,706,994
53$23,341,915$6,236,942$4,052,683$18,205,103
54$25,642,983$6,462,744$4,108,639$19,849,586
55$28,176,245$6,697,096$4,163,957$21,655,165
56$30,965,306$6,940,338$4,218,534$23,638,057
57$34,036,178$7,192,825$4,272,265$25,816,127
58$37,417,519$7,454,924$4,325,037$28,209,054
59$41,140,910$7,727,020$4,376,730$30,838,515
60$45,241,152$8,009,513$4,427,220$33,728,393
61$49,756,591$8,302,821$4,476,373$36,904,994
62$54,729,481$8,607,376$4,524,049$40,397,304
63$60,206,383$8,923,634$4,570,100$44,237,252
64$66,238,607$9,252,064$4,614,371$48,460,017
65$72,882,689$9,593,159$4,656,696$53,104,356
66$80,200,931$9,947,432$4,696,904$58,212,968
67$88,261,987$10,315,417$4,734,811$63,832,899
68$97,141,508$10,697,671$4,770,225$70,015,981
69$106,922,859$11,094,774$4,802,945$76,819,322
70$117,697,905$11,507,333$4,832,758$84,305,844
71$129,567,877$11,935,977$4,859,441$92,544,874
72$142,644,326$12,381,366$4,882,758$101,612,799
73$157,050,180$12,844,185$4,902,463$111,593,783
74$172,920,899$13,325,151$4,918,296$122,580,562
75$190,405,757$13,825,010$4,929,985$134,675,319
76$209,669,249$14,344,539$4,937,244$147,990,640
77$230,892,643$14,884,552$4,939,772$162,650,585
78$254,275,692$15,445,896$4,937,255$178,791,850
79$280,038,521$16,029,453$4,929,361$196,565,056
80$308,423,700$16,636,145$4,915,744$216,136,175
81$339,698,536$17,266,935$4,896,041$237,688,085
82$374,157,597$17,922,826$4,869,869$261,422,304
83$412,125,492$18,604,864$4,836,829$287,560,884
84$453,959,933$19,314,143$4,796,503$316,348,505
85$500,055,112$20,051,802$4,748,452$348,054,786
86$550,845,424$20,819,031$4,692,216$382,976,825
87$606,809,566$21,617,072$4,627,314$421,442,003
88$668,475,054$22,447,221$4,553,241$463,811,069
89$736,423,206$23,310,831$4,469,471$510,481,546
90$811,294,626$24,209,315$4,375,451$561,891,478
91$893,795,252$25,144,146$4,270,604$618,523,565
92$984,703,023$26,116,864$4,154,324$680,909,716
93$1,084,875,217$27,129,076$4,025,979$749,636,064
94$1,195,256,547$28,182,459$3,884,908$825,348,502
95$1,316,888,082$29,278,767$3,730,419$908,758,770
96$1,450,917,067$30,419,827$3,561,789$1,000,651,178
97$1,598,607,760$31,607,551$3,378,261$1,101,890,001
98$1,761,353,364$32,843,933$3,179,046$1,213,427,635
99$1,940,689,180$34,131,059$2,963,316$1,336,313,587
100$2,138,307,099$35,471,103$2,730,210$1,471,704,375