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%11.6%
1 years$219,660$217,704$215,795$213,932$212,112$210,687
2 years$108,743$106,717$104,755$102,852$101,006$99,569
3 years$71,775$69,741$67,783$65,898$64,082$62,677
4 years$53,295$51,267$49,329$47,476$45,704$44,342
5 years$42,210$40,194$38,281$36,466$34,743$33,429
6 years$34,822$32,821$30,937$29,162$27,491$26,226
7 years$29,547$27,563$25,709$23,976$22,358$21,142
8 years$25,593$23,627$21,803$20,113$18,548$17,381
9 years$22,519$20,571$18,779$17,132$15,620$14,502
10 years$20,061$18,133$16,372$14,768$13,309$12,240
11 years$18,051$16,143$14,414$12,852$11,446$10,425
12 years$16,378$14,489$12,792$11,273$9,919$8,945
13 years$14,963$13,094$11,429$9,952$8,650$7,721
14 years$13,751$11,902$10,269$8,835$7,582$6,699
15 years$12,702$10,872$9,271$7,879$6,676$5,836
16 years$11,785$9,975$8,406$7,055$5,900$5,103
17 years$10,976$9,187$7,649$6,339$5,232$4,475
18 years$10,259$8,489$6,982$5,712$4,652$3,935
19 years$9,617$7,868$6,392$5,162$4,146$3,468
20 years$9,040$7,311$5,866$4,675$3,703$3,063
21 years$8,519$6,810$5,396$4,243$3,314$2,709
22 years$8,046$6,357$4,973$3,858$2,971$2,400
23 years$7,615$5,945$4,592$3,513$2,667$2,129
24 years$7,220$5,570$4,247$3,204$2,397$1,890
25 years$6,858$5,227$3,933$2,926$2,157$1,680
26 years$6,524$4,913$3,648$2,676$1,943$1,495
27 years$6,215$4,624$3,387$2,449$1,752$1,331
28 years$5,929$4,357$3,149$2,244$1,580$1,186
29 years$5,662$4,110$2,930$2,058$1,427$1,057
30 years$5,415$3,882$2,730$1,888$1,289$943
31 years$5,183$3,669$2,545$1,734$1,166$842
32 years$4,967$3,472$2,374$1,594$1,055$752
33 years$4,764$3,288$2,217$1,466$954$671
34 years$4,573$3,116$2,071$1,349$864$600
35 years$4,394$2,956$1,937$1,242$783$536
36 years$4,225$2,806$1,812$1,143$709$479
37 years$4,065$2,665$1,696$1,053$643$429
38 years$3,914$2,532$1,588$971$583$383
39 years$3,772$2,408$1,488$895$528$343
40 years$3,637$2,291$1,394$826$479$307
41 years$3,508$2,181$1,307$762$435$275
42 years$3,387$2,077$1,226$703$395$246
43 years$3,271$1,979$1,151$649$358$220
44 years$3,160$1,886$1,080$599$325$197
45 years$3,055$1,799$1,014$554$295$176
46 years$2,955$1,716$953$511$268$158
47 years$2,860$1,638$895$472$243$141
48 years$2,768$1,563$841$436$221$127
49 years$2,681$1,493$791$403$201$113
50 years$2,597$1,426$743$373$182$102

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 $4,731 every year, while hoping to spend $34,107 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: 79/13/8 Blend
29$2,660,000$2,660,000$2,660,000$2,660,000
30$2,936,200$2,795,220$2,753,990$3,164,644
31$3,199,403$2,895,896$2,809,959$3,415,830
32$3,488,309$3,000,362$2,866,660$3,686,382
33$3,805,505$3,108,768$2,924,081$3,982,163
34$4,153,838$3,221,270$2,982,210$4,305,672
35$4,536,447$3,338,029$3,041,031$4,659,662
36$4,956,788$3,459,216$3,100,529$5,047,164
37$5,418,669$3,585,006$3,160,685$5,471,515
38$5,926,284$3,715,583$3,221,479$5,936,392
39$6,484,256$3,851,137$3,282,890$6,445,841
40$7,097,677$3,991,869$3,344,893$7,004,322
41$7,772,155$4,137,986$3,407,462$7,616,744
42$8,513,870$4,289,703$3,470,568$8,288,514
43$9,329,634$4,447,247$3,534,180$9,025,589
44$10,226,946$4,610,852$3,598,265$9,834,529
45$11,214,073$4,780,762$3,662,786$10,722,561
46$12,300,123$4,957,234$3,727,703$11,697,645
47$13,495,130$5,140,533$3,792,976$12,768,550
48$14,810,149$5,330,935$3,858,557$13,944,936
49$16,257,364$5,528,731$3,924,398$15,237,443
50$17,850,197$5,734,220$3,990,447$16,657,794
51$19,603,439$5,947,718$4,056,649$18,218,904
52$21,533,385$6,169,552$4,122,942$19,935,000
53$23,657,994$6,400,064$4,189,264$21,821,756
54$25,997,051$6,639,608$4,255,546$23,896,442
55$28,572,359$6,888,558$4,321,715$26,178,083
56$31,407,942$7,147,300$4,387,695$28,687,641
57$34,530,272$7,416,238$4,453,403$31,448,209
58$37,968,520$7,695,793$4,518,752$34,485,234
59$41,754,828$7,986,406$4,583,650$37,826,752
60$45,924,615$8,288,535$4,647,997$41,503,651
61$50,516,911$8,602,658$4,711,690$45,549,967
62$55,574,722$8,929,275$4,774,618$50,003,200
63$61,145,441$9,268,906$4,836,664$54,904,669
64$67,281,289$9,622,095$4,897,705$60,299,903
65$74,039,812$9,989,410$4,957,610$66,239,067
66$81,484,423$10,371,441$5,016,240$72,777,436
67$89,684,999$10,768,807$5,073,450$79,975,916
68$98,718,544$11,182,153$5,129,085$87,901,620
69$108,669,908$11,612,152$5,182,982$96,628,497
70$119,632,597$12,059,506$5,234,970$106,238,032
71$131,709,649$12,524,948$5,284,869$116,820,013
72$145,014,608$13,009,245$5,332,486$128,473,378
73$159,672,595$13,513,195$5,377,622$141,307,150
74$175,821,492$14,037,634$5,420,064$155,441,460
75$193,613,238$14,583,432$5,459,591$171,008,686
76$213,215,268$15,151,500$5,495,967$188,154,697
77$234,812,090$15,742,788$5,528,946$207,040,233
78$258,607,027$16,358,288$5,558,269$227,842,416
79$284,824,137$16,999,037$5,583,664$250,756,426
80$313,710,326$17,666,118$5,604,845$275,997,340
81$345,537,682$18,360,660$5,621,509$303,802,160
82$380,606,038$19,083,845$5,633,343$334,432,052
83$419,245,808$19,836,907$5,640,013$368,174,808
84$461,821,099$20,621,135$5,641,173$405,347,560
85$508,733,156$21,437,875$5,636,456$446,299,777
86$560,424,140$22,288,533$5,625,480$491,416,558
87$617,381,311$23,174,580$5,607,843$541,122,268
88$680,141,622$24,097,552$5,583,123$595,884,543
89$749,296,789$25,059,053$5,550,878$656,218,702
90$825,498,875$26,060,760$5,510,646$722,692,609
91$909,466,448$27,104,426$5,461,941$795,932,036
92$1,001,991,365$28,191,882$5,404,256$876,626,564
93$1,103,946,243$29,325,043$5,337,057$965,536,094
94$1,216,292,699$30,505,909$5,259,787$1,063,498,019
95$1,340,090,427$31,736,571$5,171,863$1,171,435,124
96$1,476,507,204$33,019,216$5,072,673$1,290,364,300
97$1,626,829,909$34,356,129$4,961,579$1,421,406,140
98$1,792,476,679$35,749,697$4,837,910$1,565,795,514
99$1,975,010,287$37,202,420$4,700,967$1,724,893,226
100$2,176,152,905$38,716,907$4,550,018$1,900,198,860