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%19.9%
1 years$220,486$218,522$216,606$214,736$212,910$204,462
2 years$109,152$107,119$105,149$103,238$101,385$92,980
3 years$72,045$70,003$68,038$66,146$64,323$56,223
4 years$53,495$51,460$49,514$47,654$45,876$38,144
5 years$42,368$40,345$38,425$36,603$34,874$27,530
6 years$34,953$32,945$31,053$29,272$27,595$20,642
7 years$29,658$27,667$25,805$24,066$22,442$15,879
8 years$25,689$23,716$21,885$20,188$18,618$12,438
9 years$22,603$20,649$18,850$17,196$15,679$9,873
10 years$20,136$18,201$16,433$14,823$13,359$7,915
11 years$18,119$16,203$14,468$12,901$11,489$6,395
12 years$16,439$14,543$12,840$11,316$9,956$5,198
13 years$15,019$13,143$11,471$9,990$8,682$4,245
14 years$13,803$11,946$10,307$8,868$7,611$3,481
15 years$12,750$10,913$9,306$7,909$6,701$2,862
16 years$11,829$10,013$8,437$7,081$5,922$2,360
17 years$11,018$9,221$7,678$6,362$5,251$1,949
18 years$10,297$8,521$7,009$5,734$4,669$1,613
19 years$9,653$7,897$6,416$5,181$4,162$1,336
20 years$9,074$7,338$5,888$4,692$3,717$1,109
21 years$8,552$6,835$5,416$4,259$3,327$920
22 years$8,077$6,381$4,992$3,872$2,982$765
23 years$7,644$5,968$4,609$3,526$2,677$636
24 years$7,248$5,591$4,263$3,216$2,406$529
25 years$6,884$5,247$3,948$2,937$2,165$440
26 years$6,548$4,931$3,662$2,686$1,950$366
27 years$6,238$4,641$3,400$2,458$1,758$305
28 years$5,951$4,373$3,161$2,252$1,586$254
29 years$5,684$4,126$2,941$2,065$1,432$212
30 years$5,435$3,896$2,740$1,896$1,294$177
31 years$5,203$3,683$2,554$1,741$1,170$147
32 years$4,985$3,485$2,383$1,600$1,059$123
33 years$4,782$3,300$2,225$1,471$958$102
34 years$4,590$3,128$2,079$1,354$867$85
35 years$4,410$2,967$1,944$1,246$786$71
36 years$4,241$2,816$1,818$1,148$712$59
37 years$4,080$2,675$1,702$1,057$645$49
38 years$3,929$2,542$1,594$975$585$41
39 years$3,786$2,417$1,493$899$530$34
40 years$3,650$2,300$1,400$829$481$29
41 years$3,522$2,189$1,312$765$436$24
42 years$3,399$2,085$1,231$706$396$20
43 years$3,283$1,986$1,155$652$359$17
44 years$3,172$1,893$1,084$602$326$14
45 years$3,067$1,806$1,018$556$296$12
46 years$2,966$1,722$956$513$269$10
47 years$2,870$1,644$898$474$244$8
48 years$2,779$1,569$844$438$222$7
49 years$2,691$1,498$794$405$201$6
50 years$2,607$1,431$746$374$183$5

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 $6,906 every year, while hoping to spend $59,147 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: 58/26/16 Blend
29$2,670,000$2,670,000$2,670,000$2,670,000
30$2,949,464$2,807,954$2,766,569$3,107,950
31$3,187,377$2,882,611$2,796,317$3,290,708
32$3,447,575$2,958,945$2,825,079$3,482,745
33$3,732,269$3,036,974$2,852,760$3,690,727
34$4,043,892$3,116,718$2,879,259$3,916,198
35$4,385,125$3,198,193$2,904,470$4,160,859
36$4,758,919$3,281,416$2,928,282$4,426,583
37$5,168,526$3,366,402$2,950,576$4,715,431
38$5,617,525$3,453,165$2,971,230$5,029,677
39$6,109,858$3,541,717$2,990,112$5,371,821
40$6,649,869$3,632,066$3,007,086$5,744,620
41$7,242,341$3,724,222$3,022,009$6,151,109
42$7,892,542$3,818,191$3,034,728$6,594,632
43$8,606,274$3,913,976$3,045,085$7,078,874
44$9,389,932$4,011,578$3,052,912$7,607,893
45$10,250,555$4,110,996$3,058,035$8,186,160
46$11,195,902$4,212,225$3,060,270$8,818,603
47$12,234,518$4,315,258$3,059,423$9,510,650
48$13,375,816$4,420,083$3,055,291$10,268,281
49$14,630,169$4,526,686$3,047,662$11,098,086
50$16,009,001$4,635,048$3,036,314$12,007,326
51$17,524,900$4,745,147$3,021,011$13,004,002
52$19,191,735$4,856,954$3,001,510$14,096,930
53$21,024,784$4,970,438$2,977,554$15,295,826
54$23,040,883$5,085,560$2,948,873$16,611,395
55$25,258,579$5,202,278$2,915,185$18,055,433
56$27,698,306$5,320,542$2,876,196$19,640,939
57$30,382,581$5,440,297$2,831,597$21,382,240
58$33,336,213$5,561,479$2,781,064$23,295,121
59$36,586,535$5,684,020$2,724,257$25,396,979
60$40,163,665$5,807,841$2,660,824$27,706,984
61$44,100,790$5,932,856$2,590,393$30,246,264
62$48,434,476$6,058,971$2,512,576$33,038,099
63$53,205,012$6,186,080$2,426,967$36,108,147
64$58,456,795$6,314,070$2,333,142$39,484,683
65$64,238,744$6,442,815$2,230,658$43,198,867
66$70,604,760$6,572,178$2,119,050$47,285,037
67$77,614,241$6,702,010$1,997,833$51,781,036
68$85,332,635$6,832,150$1,866,502$56,728,570
69$93,832,060$6,962,421$1,724,526$62,173,598
70$103,191,984$7,092,634$1,571,351$68,166,770
71$113,499,976$7,222,582$1,406,401$74,763,905
72$124,852,528$7,352,043$1,229,070$82,026,518
73$137,355,971$7,480,779$1,038,729$90,022,401
74$151,127,473$7,608,529$834,719$98,826,265
75$166,296,145$7,735,017$616,352$108,520,444
76$183,004,262$7,859,943$382,911$119,195,674
77$201,408,604$7,982,987$133,645$130,951,952
78$221,681,932$8,103,805$0$143,899,477
79$244,014,624$8,222,026$0$158,182,294
80$268,616,466$8,337,256$0$173,937,462
81$295,718,635$8,449,071$0$191,289,782
82$325,575,879$8,557,018$0$210,401,956
83$358,468,921$8,660,615$0$231,453,279
84$394,707,109$8,759,343$0$254,641,330
85$434,631,334$8,852,651$0$280,183,843
86$478,617,250$8,939,950$0$308,320,758
87$527,078,815$9,020,613$0$339,316,491
88$580,472,201$9,093,970$0$373,462,423
89$639,300,100$9,159,309$0$411,079,661
90$704,116,467$9,215,872$0$452,522,061
91$775,531,747$9,262,850$0$498,179,576
92$854,218,641$9,299,386$0$548,481,933
93$940,918,452$9,324,565$0$603,902,693
94$1,036,448,083$9,337,418$0$664,963,723
95$1,141,707,749$9,336,913$0$732,240,121
96$1,257,689,473$9,321,955$0$806,365,649
97$1,385,486,449$9,291,381$0$888,038,715
98$1,526,303,366$9,243,958$0$978,028,969
99$1,681,467,773$9,178,376$0$1,077,184,569
100$1,852,442,616$9,093,246$0$1,186,440,193