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%13.9%
1 years$219,660$217,704$215,795$213,932$212,112$208,684
2 years$108,743$106,717$104,755$102,852$101,006$97,562
3 years$71,775$69,741$67,783$65,898$64,082$60,729
4 years$53,295$51,267$49,329$47,476$45,704$42,468
5 years$42,210$40,194$38,281$36,466$34,743$31,633
6 years$34,822$32,821$30,937$29,162$27,491$24,511
7 years$29,547$27,563$25,709$23,976$22,358$19,508
8 years$25,593$23,627$21,803$20,113$18,548$15,828
9 years$22,519$20,571$18,779$17,132$15,620$13,029
10 years$20,061$18,133$16,372$14,768$13,309$10,844
11 years$18,051$16,143$14,414$12,852$11,446$9,106
12 years$16,378$14,489$12,792$11,273$9,919$7,699
13 years$14,963$13,094$11,429$9,952$8,650$6,548
14 years$13,751$11,902$10,269$8,835$7,582$5,595
15 years$12,702$10,872$9,271$7,879$6,676$4,799
16 years$11,785$9,975$8,406$7,055$5,900$4,130
17 years$10,976$9,187$7,649$6,339$5,232$3,564
18 years$10,259$8,489$6,982$5,712$4,652$3,083
19 years$9,617$7,868$6,392$5,162$4,146$2,672
20 years$9,040$7,311$5,866$4,675$3,703$2,320
21 years$8,519$6,810$5,396$4,243$3,314$2,017
22 years$8,046$6,357$4,973$3,858$2,971$1,756
23 years$7,615$5,945$4,592$3,513$2,667$1,530
24 years$7,220$5,570$4,247$3,204$2,397$1,335
25 years$6,858$5,227$3,933$2,926$2,157$1,166
26 years$6,524$4,913$3,648$2,676$1,943$1,018
27 years$6,215$4,624$3,387$2,449$1,752$890
28 years$5,929$4,357$3,149$2,244$1,580$779
29 years$5,662$4,110$2,930$2,058$1,427$681
30 years$5,415$3,882$2,730$1,888$1,289$597
31 years$5,183$3,669$2,545$1,734$1,166$522
32 years$4,967$3,472$2,374$1,594$1,055$458
33 years$4,764$3,288$2,217$1,466$954$401
34 years$4,573$3,116$2,071$1,349$864$352
35 years$4,394$2,956$1,937$1,242$783$308
36 years$4,225$2,806$1,812$1,143$709$270
37 years$4,065$2,665$1,696$1,053$643$237
38 years$3,914$2,532$1,588$971$583$208
39 years$3,772$2,408$1,488$895$528$182
40 years$3,637$2,291$1,394$826$479$160
41 years$3,508$2,181$1,307$762$435$140
42 years$3,387$2,077$1,226$703$395$123
43 years$3,271$1,979$1,151$649$358$108
44 years$3,160$1,886$1,080$599$325$95
45 years$3,055$1,799$1,014$554$295$83
46 years$2,955$1,716$953$511$268$73
47 years$2,860$1,638$895$472$243$64
48 years$2,768$1,563$841$436$221$56
49 years$2,681$1,493$791$403$201$49
50 years$2,597$1,426$743$373$182$43

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 $5,601 every year, while hoping to spend $51,748 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: 49/43/8 Blend
29$2,660,000$2,660,000$2,660,000$2,660,000
30$2,937,097$2,796,117$2,754,887$3,074,567
31$3,181,622$2,878,068$2,792,117$3,251,134
32$3,449,353$2,962,299$2,828,859$3,436,864
33$3,742,605$3,048,869$2,865,043$3,637,386
34$4,063,922$3,137,835$2,900,593$3,854,097
35$4,416,111$3,229,258$2,935,432$4,088,530
36$4,802,259$3,323,196$2,969,473$4,342,374
37$5,225,769$3,419,712$3,002,630$4,617,487
38$5,690,387$3,518,869$3,034,809$4,915,913
39$6,200,243$3,620,729$3,065,911$5,239,901
40$6,759,880$3,725,357$3,095,831$5,591,927
41$7,374,308$3,832,820$3,124,462$5,974,715
42$8,049,042$3,943,183$3,151,686$6,391,265
43$8,790,160$4,056,514$3,177,383$6,844,878
44$9,604,355$4,172,883$3,201,424$7,339,191
45$10,499,003$4,292,357$3,223,676$7,878,205
46$11,482,227$4,415,009$3,243,995$8,466,329
47$12,562,979$4,540,909$3,262,233$9,108,414
48$13,751,118$4,670,129$3,278,233$9,809,806
49$15,057,510$4,802,742$3,291,831$10,576,390
50$16,494,122$4,938,823$3,302,854$11,414,648
51$18,074,142$5,078,445$3,311,119$12,331,721
52$19,812,099$5,221,683$3,316,436$13,335,471
53$21,724,001$5,368,614$3,318,605$14,434,560
54$23,827,486$5,519,312$3,317,415$15,638,530
55$26,141,987$5,673,856$3,312,646$16,957,891
56$28,688,916$5,832,321$3,304,066$18,404,221
57$31,491,865$5,994,785$3,291,432$19,990,273
58$34,576,831$6,161,326$3,274,491$21,730,100
59$37,972,457$6,332,020$3,252,975$23,639,182
60$41,710,304$6,506,944$3,226,606$25,734,572
61$45,825,147$6,686,177$3,195,089$28,035,060
62$50,355,307$6,869,794$3,158,120$30,561,348
63$55,343,007$7,057,873$3,115,375$33,336,243
64$60,834,773$7,250,488$3,066,520$36,384,875
65$66,881,873$7,447,715$3,011,202$39,734,934
66$73,540,799$7,649,628$2,949,051$43,416,926
67$80,873,799$7,856,299$2,879,684$47,464,466
68$88,949,469$8,067,800$2,802,696$51,914,593
69$97,843,393$8,284,201$2,717,664$56,808,118
70$107,638,862$8,505,569$2,624,148$62,190,012
71$118,427,654$8,731,970$2,521,686$68,109,824
72$130,310,907$8,963,469$2,409,795$74,622,156
73$143,400,066$9,200,126$2,287,969$81,787,172
74$157,817,939$9,441,998$2,155,682$89,671,169
75$173,699,854$9,689,140$2,012,382$98,347,201
76$191,194,935$9,941,604$1,857,493$107,895,768
77$210,467,511$10,199,436$1,690,412$118,405,576
78$231,698,667$10,462,678$1,510,511$129,974,375
79$255,087,951$10,731,369$1,317,133$142,709,880
80$280,855,256$11,005,540$1,109,591$156,730,787
81$309,242,899$11,285,218$887,169$172,167,895
82$340,517,904$11,570,423$649,118$189,165,340
83$374,974,525$11,861,169$394,658$207,881,956
84$412,937,020$12,157,460$122,974$228,492,771
85$454,762,716$12,459,295$0$251,190,664
86$500,845,376$12,766,663$0$276,202,432
87$551,618,917$13,079,543$0$303,760,174
88$607,561,511$13,397,905$0$334,111,571
89$669,200,089$13,721,706$0$367,541,137
90$737,115,322$14,050,894$0$404,362,397
91$811,947,099$14,385,402$0$444,920,850
92$894,400,567$14,725,150$0$489,597,224
93$985,252,787$15,070,044$0$538,811,074
94$1,085,360,068$15,419,974$0$593,024,740
95$1,195,666,055$15,774,813$0$652,747,715
96$1,317,210,629$16,134,415$0$718,541,447
97$1,451,139,729$16,498,617$0$791,024,646
98$1,598,716,166$16,867,234$0$870,879,122
99$1,761,331,545$17,240,058$0$958,856,220
100$1,940,519,402$17,616,861$0$1,055,783,916