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%
1 years$219,660$217,704$215,795$213,932$212,112$207,745
2 years$108,743$106,717$104,755$102,852$101,006$96,625
3 years$71,775$69,741$67,783$65,898$64,082$59,826
4 years$53,295$51,267$49,329$47,476$45,704$41,604
5 years$42,210$40,194$38,281$36,466$34,743$30,812
6 years$34,822$32,821$30,937$29,162$27,491$23,732
7 years$29,547$27,563$25,709$23,976$22,358$18,772
8 years$25,593$23,627$21,803$20,113$18,548$15,134
9 years$22,519$20,571$18,779$17,132$15,620$12,376
10 years$20,061$18,133$16,372$14,768$13,309$10,232
11 years$18,051$16,143$14,414$12,852$11,446$8,532
12 years$16,378$14,489$12,792$11,273$9,919$7,163
13 years$14,963$13,094$11,429$9,952$8,650$6,048
14 years$13,751$11,902$10,269$8,835$7,582$5,129
15 years$12,702$10,872$9,271$7,879$6,676$4,366
16 years$11,785$9,975$8,406$7,055$5,900$3,729
17 years$10,976$9,187$7,649$6,339$5,232$3,192
18 years$10,259$8,489$6,982$5,712$4,652$2,739
19 years$9,617$7,868$6,392$5,162$4,146$2,355
20 years$9,040$7,311$5,866$4,675$3,703$2,028
21 years$8,519$6,810$5,396$4,243$3,314$1,749
22 years$8,046$6,357$4,973$3,858$2,971$1,509
23 years$7,615$5,945$4,592$3,513$2,667$1,304
24 years$7,220$5,570$4,247$3,204$2,397$1,128
25 years$6,858$5,227$3,933$2,926$2,157$976
26 years$6,524$4,913$3,648$2,676$1,943$845
27 years$6,215$4,624$3,387$2,449$1,752$733
28 years$5,929$4,357$3,149$2,244$1,580$635
29 years$5,662$4,110$2,930$2,058$1,427$551
30 years$5,415$3,882$2,730$1,888$1,289$478
31 years$5,183$3,669$2,545$1,734$1,166$415
32 years$4,967$3,472$2,374$1,594$1,055$360
33 years$4,764$3,288$2,217$1,466$954$313
34 years$4,573$3,116$2,071$1,349$864$271
35 years$4,394$2,956$1,937$1,242$783$236
36 years$4,225$2,806$1,812$1,143$709$205
37 years$4,065$2,665$1,696$1,053$643$178
38 years$3,914$2,532$1,588$971$583$155
39 years$3,772$2,408$1,488$895$528$134
40 years$3,637$2,291$1,394$826$479$117
41 years$3,508$2,181$1,307$762$435$101
42 years$3,387$2,077$1,226$703$395$88
43 years$3,271$1,979$1,151$649$358$77
44 years$3,160$1,886$1,080$599$325$67
45 years$3,055$1,799$1,014$554$295$58
46 years$2,955$1,716$953$511$268$50
47 years$2,860$1,638$895$472$243$44
48 years$2,768$1,563$841$436$221$38
49 years$2,681$1,493$791$403$201$33
50 years$2,597$1,426$743$373$182$29

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 $4,928 every year, while hoping to spend $35,697 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: 82/8/10 Blend
29$2,660,000$2,660,000$2,660,000$2,660,000
30$2,936,403$2,795,423$2,754,193$3,172,227
31$3,197,935$2,894,418$2,808,477$3,426,391
32$3,484,947$2,997,066$2,863,384$3,700,143
33$3,799,999$3,103,511$2,918,895$3,999,620
34$4,145,914$3,213,898$2,974,993$4,327,380
35$4,525,800$3,328,381$3,031,658$4,686,242
36$4,943,079$3,447,119$3,088,866$5,079,313
37$5,401,524$3,570,279$3,146,593$5,510,010
38$5,905,289$3,698,032$3,204,814$5,982,102
39$6,458,951$3,830,559$3,263,498$6,499,735
40$7,067,554$3,968,046$3,322,615$7,067,480
41$7,736,652$4,110,688$3,382,131$7,690,369
42$8,472,367$4,258,688$3,442,008$8,373,948
43$9,281,443$4,412,258$3,502,210$9,124,323
44$10,171,308$4,571,616$3,562,691$9,948,222
45$11,150,148$4,736,993$3,623,409$10,853,058
46$12,226,984$4,908,626$3,684,314$11,846,996
47$13,411,752$5,086,764$3,745,353$12,939,030
48$14,715,401$5,271,665$3,806,473$14,139,072
49$16,149,995$5,463,600$3,867,613$15,458,039
50$17,728,826$5,662,849$3,928,710$16,907,960
51$19,466,542$5,869,704$3,989,698$18,502,088
52$21,379,281$6,084,470$4,050,504$20,255,024
53$23,484,823$6,307,466$4,111,052$22,182,857
54$25,802,764$6,539,021$4,171,261$24,303,311
55$28,354,694$6,779,480$4,231,046$26,635,917
56$31,164,402$7,029,204$4,290,315$29,202,192
57$34,258,102$7,288,566$4,348,972$32,025,848
58$37,664,680$7,557,957$4,406,914$35,133,007
59$41,415,965$7,837,785$4,464,033$38,552,456
60$45,547,029$8,128,472$4,520,214$42,315,911
61$50,096,522$8,430,463$4,575,337$46,458,322
62$55,107,029$8,744,217$4,629,272$51,018,196
63$60,625,478$9,070,217$4,681,886$56,037,968
64$66,703,582$9,408,962$4,733,034$61,564,393
65$73,398,323$9,760,977$4,782,566$67,648,991
66$80,772,493$10,126,806$4,830,323$74,348,535
67$88,895,286$10,507,018$4,876,138$81,725,580
68$97,842,950$10,902,207$4,919,833$89,849,059
69$107,699,507$11,312,991$4,961,223$98,794,931
70$118,557,544$11,740,015$5,000,112$108,646,897
71$130,519,091$12,183,953$5,036,293$119,497,188
72$143,696,579$12,645,507$5,069,549$131,447,440
73$158,213,904$13,125,411$5,099,653$144,609,648
74$174,207,595$13,624,429$5,126,364$159,107,225
75$191,828,102$14,143,358$5,149,429$175,076,165
76$211,241,217$14,683,032$5,168,584$192,666,328
77$232,629,640$15,244,319$5,183,551$212,042,852
78$256,194,700$15,828,127$5,194,036$233,387,712
79$282,158,255$16,435,402$5,199,733$256,901,438
80$310,764,792$17,067,131$5,200,318$282,805,006
81$342,283,727$17,724,347$5,195,455$311,341,925
82$377,011,953$18,408,125$5,184,789$342,780,531
83$415,276,639$19,119,590$5,167,946$377,416,527
84$457,438,322$19,859,916$5,144,537$415,575,764
85$503,894,305$20,630,326$5,114,154$457,617,324
86$555,082,412$21,432,100$5,076,366$503,936,906
87$611,485,120$22,266,575$5,030,726$554,970,559
88$673,634,109$23,135,144$4,976,762$611,198,803
89$742,115,287$24,039,264$4,913,982$673,151,157
90$817,574,315$24,980,457$4,841,870$741,411,142
91$900,722,707$25,960,312$4,759,885$816,621,790
92$992,344,544$26,980,487$4,667,461$899,491,706
93$1,093,303,873$28,042,717$4,564,007$990,801,766
94$1,204,552,870$29,148,812$4,448,903$1,091,412,482
95$1,327,140,823$30,300,664$4,321,501$1,202,272,123
96$1,462,224,038$31,500,248$4,181,123$1,324,425,673
97$1,611,076,760$32,749,630$4,027,061$1,459,024,689
98$1,775,103,195$34,050,967$3,858,572$1,607,338,173
99$1,955,850,768$35,406,512$3,674,882$1,770,764,552
100$2,155,024,736$36,818,621$3,475,181$1,950,844,878