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

Use the below retirement simulation to view the chances of a successful retirement.
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%18.2%
1 years$220,486$218,522$216,606$214,736$212,910$205,847
2 years$109,152$107,119$105,149$103,238$101,385$94,339
3 years$72,045$70,003$68,038$66,146$64,323$57,513
4 years$53,495$51,460$49,514$47,654$45,876$39,355
5 years$42,368$40,345$38,425$36,603$34,874$28,660
6 years$34,953$32,945$31,053$29,272$27,595$21,692
7 years$29,658$27,667$25,805$24,066$22,442$16,849
8 years$25,689$23,716$21,885$20,188$18,618$13,332
9 years$22,603$20,649$18,850$17,196$15,679$10,693
10 years$20,136$18,201$16,433$14,823$13,359$8,666
11 years$18,119$16,203$14,468$12,901$11,489$7,079
12 years$16,439$14,543$12,840$11,316$9,956$5,820
13 years$15,019$13,143$11,471$9,990$8,682$4,809
14 years$13,803$11,946$10,307$8,868$7,611$3,989
15 years$12,750$10,913$9,306$7,909$6,701$3,321
16 years$11,829$10,013$8,437$7,081$5,922$2,772
17 years$11,018$9,221$7,678$6,362$5,251$2,318
18 years$10,297$8,521$7,009$5,734$4,669$1,943
19 years$9,653$7,897$6,416$5,181$4,162$1,631
20 years$9,074$7,338$5,888$4,692$3,717$1,370
21 years$8,552$6,835$5,416$4,259$3,327$1,153
22 years$8,077$6,381$4,992$3,872$2,982$971
23 years$7,644$5,968$4,609$3,526$2,677$818
24 years$7,248$5,591$4,263$3,216$2,406$690
25 years$6,884$5,247$3,948$2,937$2,165$582
26 years$6,548$4,931$3,662$2,686$1,950$491
27 years$6,238$4,641$3,400$2,458$1,758$415
28 years$5,951$4,373$3,161$2,252$1,586$350
29 years$5,684$4,126$2,941$2,065$1,432$296
30 years$5,435$3,896$2,740$1,896$1,294$250
31 years$5,203$3,683$2,554$1,741$1,170$211
32 years$4,985$3,485$2,383$1,600$1,059$179
33 years$4,782$3,300$2,225$1,471$958$151
34 years$4,590$3,128$2,079$1,354$867$128
35 years$4,410$2,967$1,944$1,246$786$108
36 years$4,241$2,816$1,818$1,148$712$91
37 years$4,080$2,675$1,702$1,057$645$77
38 years$3,929$2,542$1,594$975$585$65
39 years$3,786$2,417$1,493$899$530$55
40 years$3,650$2,300$1,400$829$481$47
41 years$3,522$2,189$1,312$765$436$40
42 years$3,399$2,085$1,231$706$396$33
43 years$3,283$1,986$1,155$652$359$28
44 years$3,172$1,893$1,084$602$326$24
45 years$3,067$1,806$1,018$556$296$20
46 years$2,966$1,722$956$513$269$17
47 years$2,870$1,644$898$474$244$14
48 years$2,779$1,569$844$438$222$12
49 years$2,691$1,498$794$405$201$10
50 years$2,607$1,431$746$374$183$9

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 $5,731 every year, while hoping to spend $29,369 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: 30/47/23 Blend
29$2,670,000$2,670,000$2,670,000$2,670,000
30$2,948,252$2,806,742$2,765,357$3,015,476
31$3,217,725$2,913,023$2,826,748$3,173,836
32$3,513,700$3,023,529$2,889,211$3,341,077
33$3,838,849$3,138,434$2,952,751$3,520,389
34$4,196,117$3,257,922$3,017,373$3,712,838
35$4,588,745$3,382,184$3,083,080$3,919,591
36$5,020,307$3,511,421$3,149,873$4,141,928
37$5,494,739$3,645,841$3,217,754$4,381,255
38$6,016,377$3,785,663$3,286,724$4,639,111
39$6,589,999$3,931,112$3,356,781$4,917,190
40$7,220,870$4,082,427$3,427,924$5,217,347
41$7,914,788$4,239,855$3,500,148$5,541,621
42$8,678,143$4,403,655$3,573,450$5,892,251
43$9,517,976$4,574,096$3,647,823$6,271,696
44$10,442,044$4,751,461$3,723,259$6,682,658
45$11,458,893$4,936,044$3,799,750$7,128,106
46$12,577,942$5,128,152$3,877,283$7,611,302
47$13,809,567$5,328,106$3,955,846$8,135,831
48$15,165,200$5,536,240$4,035,425$8,705,635
49$16,657,440$5,752,906$4,116,001$9,325,048
50$18,300,168$5,978,468$4,197,557$9,998,835
51$20,108,681$6,213,308$4,280,070$10,732,235
52$22,099,831$6,457,825$4,363,517$11,531,011
53$24,292,191$6,712,435$4,447,872$12,401,503
54$26,706,224$6,977,574$4,533,105$13,350,684
55$29,364,479$7,253,696$4,619,185$14,386,224
56$32,291,805$7,541,275$4,706,076$15,516,565
57$35,515,580$7,840,809$4,793,741$16,750,994
58$39,065,976$8,152,816$4,882,138$18,099,731
59$42,976,238$8,477,836$4,971,222$19,574,024
60$47,283,001$8,816,437$5,060,945$21,186,252
61$52,026,635$9,169,210$5,151,254$22,950,040
62$57,251,623$9,536,773$5,242,093$24,880,386
63$63,006,985$9,919,771$5,333,400$26,993,801
64$69,346,739$10,318,882$5,425,110$29,308,460
65$76,330,409$10,734,809$5,517,153$31,844,373
66$84,023,588$11,168,292$5,609,455$34,623,571
67$92,498,556$11,620,100$5,701,934$37,670,312
68$101,834,965$12,091,041$5,794,505$41,011,306
69$112,120,586$12,581,957$5,887,076$44,675,964
70$123,452,142$13,093,729$5,979,549$48,696,673
71$135,936,217$13,627,279$6,071,821$53,109,100
72$149,690,265$14,183,569$6,163,780$57,952,524
73$164,843,715$14,763,607$6,255,310$63,270,203
74$181,539,196$15,368,446$6,346,285$69,109,780
75$199,933,881$15,999,186$6,436,572$75,523,727
76$220,200,970$16,656,980$6,526,031$82,569,840
77$242,531,329$17,343,032$6,614,513$90,311,777
78$267,135,285$18,058,600$6,701,859$98,819,656
79$294,244,615$18,805,003$6,787,903$108,170,712
80$324,114,736$19,583,618$6,872,467$118,450,023
81$357,027,109$20,395,886$6,955,366$129,751,308
82$393,291,904$21,243,315$7,036,400$142,177,804
83$433,250,921$22,127,480$7,115,362$155,843,238
84$477,280,820$23,050,031$7,192,032$170,872,895
85$525,796,675$24,012,694$7,266,176$187,404,796
86$579,255,894$25,017,274$7,337,551$205,590,990
87$638,162,533$26,065,658$7,405,897$225,598,988
88$703,072,060$27,159,824$7,470,943$247,613,339
89$774,596,592$28,301,837$7,532,402$271,837,359
90$853,410,679$29,493,862$7,589,971$298,495,049
91$940,257,668$30,738,160$7,643,335$327,833,201
92$1,035,956,720$32,037,101$7,692,157$360,123,718
93$1,141,410,549$33,393,162$7,736,088$395,666,176
94$1,257,613,935$34,808,937$7,774,756$434,790,639
95$1,385,663,121$36,287,139$7,807,775$477,860,773
96$1,526,766,159$37,830,609$7,834,736$525,277,262
97$1,682,254,318$39,442,319$7,855,210$577,481,589
98$1,853,594,646$41,125,380$7,868,747$634,960,187
99$2,042,403,824$42,883,049$7,874,875$698,249,023
100$2,250,463,429$44,718,733$7,873,097$767,938,651