Can I retire at age 30 with 2,670,000?

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 $2,670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$220,486$218,522$216,606$214,736$212,910$205,029
2 years$109,152$107,119$105,149$103,238$101,385$93,535
3 years$72,045$70,003$68,038$66,146$64,323$56,750
4 years$53,495$51,460$49,514$47,654$45,876$38,637
5 years$42,368$40,345$38,425$36,603$34,874$27,989
6 years$34,953$32,945$31,053$29,272$27,595$21,068
7 years$29,658$27,667$25,805$24,066$22,442$16,272
8 years$25,689$23,716$21,885$20,188$18,618$12,799
9 years$22,603$20,649$18,850$17,196$15,679$10,203
10 years$20,136$18,201$16,433$14,823$13,359$8,216
11 years$18,119$16,203$14,468$12,901$11,489$6,669
12 years$16,439$14,543$12,840$11,316$9,956$5,446
13 years$15,019$13,143$11,471$9,990$8,682$4,469
14 years$13,803$11,946$10,307$8,868$7,611$3,682
15 years$12,750$10,913$9,306$7,909$6,701$3,043
16 years$11,829$10,013$8,437$7,081$5,922$2,522
17 years$11,018$9,221$7,678$6,362$5,251$2,094
18 years$10,297$8,521$7,009$5,734$4,669$1,742
19 years$9,653$7,897$6,416$5,181$4,162$1,451
20 years$9,074$7,338$5,888$4,692$3,717$1,210
21 years$8,552$6,835$5,416$4,259$3,327$1,010
22 years$8,077$6,381$4,992$3,872$2,982$844
23 years$7,644$5,968$4,609$3,526$2,677$705
24 years$7,248$5,591$4,263$3,216$2,406$590
25 years$6,884$5,247$3,948$2,937$2,165$494
26 years$6,548$4,931$3,662$2,686$1,950$413
27 years$6,238$4,641$3,400$2,458$1,758$346
28 years$5,951$4,373$3,161$2,252$1,586$290
29 years$5,684$4,126$2,941$2,065$1,432$243
30 years$5,435$3,896$2,740$1,896$1,294$204
31 years$5,203$3,683$2,554$1,741$1,170$171
32 years$4,985$3,485$2,383$1,600$1,059$143
33 years$4,782$3,300$2,225$1,471$958$120
34 years$4,590$3,128$2,079$1,354$867$101
35 years$4,410$2,967$1,944$1,246$786$84
36 years$4,241$2,816$1,818$1,148$712$71
37 years$4,080$2,675$1,702$1,057$645$59
38 years$3,929$2,542$1,594$975$585$50
39 years$3,786$2,417$1,493$899$530$42
40 years$3,650$2,300$1,400$829$481$35
41 years$3,522$2,189$1,312$765$436$29
42 years$3,399$2,085$1,231$706$396$25
43 years$3,283$1,986$1,155$652$359$21
44 years$3,172$1,893$1,084$602$326$17
45 years$3,067$1,806$1,018$556$296$15
46 years$2,966$1,722$956$513$269$12
47 years$2,870$1,644$898$474$244$10
48 years$2,779$1,569$844$438$222$9
49 years$2,691$1,498$794$405$201$7
50 years$2,607$1,431$746$374$183$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,670,000, adding $6,411 every year, while hoping to spend $24,757 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: 31/48/21 Blend
29$2,670,000$2,670,000$2,670,000$2,670,000
30$2,948,953$2,807,443$2,766,058$3,020,945
31$3,223,405$2,918,666$2,832,380$3,187,150
32$3,525,021$3,034,510$2,900,093$3,363,265
33$3,856,546$3,155,174$2,969,220$3,552,334
34$4,221,004$3,280,868$3,039,779$3,755,498
35$4,621,727$3,411,810$3,111,791$3,974,010
36$5,062,383$3,548,229$3,185,276$4,209,244
37$5,547,017$3,690,364$3,260,254$4,462,706
38$6,080,085$3,838,463$3,336,745$4,736,047
39$6,666,494$3,992,789$3,414,766$5,031,080
40$7,311,654$4,153,613$3,494,339$5,349,794
41$8,021,524$4,321,221$3,575,480$5,694,372
42$8,802,668$4,495,910$3,658,207$6,067,211
43$9,662,323$4,677,991$3,742,539$6,470,943
44$10,608,458$4,867,791$3,828,493$6,908,460
45$11,649,857$5,065,649$3,916,084$7,382,935
46$12,796,198$5,271,922$4,005,328$7,897,859
47$14,058,144$5,486,980$4,096,241$8,457,065
48$15,447,446$5,711,213$4,188,836$9,064,766
49$16,977,051$5,945,029$4,283,128$9,725,592
50$18,661,226$6,188,850$4,379,128$10,444,634
51$20,515,691$6,443,124$4,476,848$11,227,490
52$22,557,768$6,708,314$4,576,300$12,080,313
53$24,806,546$6,984,906$4,677,491$13,009,872
54$27,283,058$7,273,411$4,780,431$14,023,609
55$30,010,480$7,574,358$4,885,126$15,129,712
56$33,014,353$7,888,306$4,991,581$16,337,187
57$36,322,819$8,215,835$5,099,801$17,655,942
58$39,966,890$8,557,554$5,209,788$19,096,879
59$43,980,739$8,914,101$5,321,543$20,671,992
60$48,402,024$9,286,141$5,435,064$22,394,482
61$53,272,240$9,674,372$5,550,348$24,278,875
62$58,637,114$10,079,522$5,667,391$26,341,158
63$64,547,036$10,502,354$5,786,184$28,598,927
64$71,057,530$10,943,667$5,906,718$31,071,551
65$78,229,787$11,404,294$6,028,981$33,780,351
66$86,131,231$11,885,111$6,152,959$36,748,799
67$94,836,166$12,387,031$6,278,632$40,002,734
68$104,426,470$12,911,011$6,405,982$43,570,605
69$114,992,372$13,458,052$6,534,983$47,483,734
70$126,633,298$14,029,201$6,665,610$51,776,611
71$139,458,819$14,625,556$6,797,832$56,487,211
72$153,589,673$15,248,262$6,931,614$61,657,353
73$169,158,915$15,898,523$7,066,918$67,333,086
74$186,313,167$16,577,593$7,203,703$73,565,124
75$205,214,004$17,286,790$7,341,921$80,409,317
76$226,039,479$18,027,489$7,481,522$87,927,173
77$248,985,802$18,801,132$7,622,449$96,186,435
78$274,269,195$19,609,228$7,764,642$105,261,716
79$302,127,929$20,453,357$7,908,034$115,235,195
80$332,824,577$21,335,170$8,052,552$126,197,389
81$366,648,491$22,256,400$8,198,120$138,248,001
82$403,918,531$23,218,859$8,344,651$151,496,855
83$444,986,081$24,224,442$8,492,056$166,064,925
84$490,238,358$25,275,137$8,640,237$182,085,473
85$540,102,074$26,373,022$8,789,088$199,705,296
86$595,047,460$27,520,274$8,938,497$219,086,106
87$655,592,707$28,719,174$9,088,343$240,406,049
88$722,308,857$29,972,108$9,238,497$263,861,379
89$795,825,194$31,281,574$9,388,820$289,668,300
90$876,835,184$32,650,191$9,539,165$318,065,000
91$966,103,020$34,080,698$9,689,375$349,313,890
92$1,064,470,842$35,575,966$9,839,282$383,704,069
93$1,172,866,678$37,138,999$9,988,709$421,554,046
94$1,292,313,214$38,772,945$10,137,466$463,214,734
95$1,423,937,442$40,481,099$10,285,351$509,072,753
96$1,568,981,302$42,266,914$10,432,151$559,554,066
97$1,728,813,406$44,134,004$10,577,639$615,127,991
98$1,904,941,960$46,086,156$10,721,576$676,311,613
99$2,099,028,997$48,127,335$10,863,707$743,674,661
100$2,312,906,076$50,261,696$11,003,762$817,844,864