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%14.3%
1 years$220,486$218,522$216,606$214,736$212,910$209,124
2 years$109,152$107,119$105,149$103,238$101,385$97,585
3 years$72,045$70,003$68,038$66,146$64,323$60,625
4 years$53,495$51,460$49,514$47,654$45,876$42,310
5 years$42,368$40,345$38,425$36,603$34,874$31,449
6 years$34,953$32,945$31,053$29,272$27,595$24,316
7 years$29,658$27,667$25,805$24,066$22,442$19,309
8 years$25,689$23,716$21,885$20,188$18,618$15,631
9 years$22,603$20,649$18,850$17,196$15,679$12,836
10 years$20,136$18,201$16,433$14,823$13,359$10,658
11 years$18,119$16,203$14,468$12,901$11,489$8,926
12 years$16,439$14,543$12,840$11,316$9,956$7,528
13 years$15,019$13,143$11,471$9,990$8,682$6,385
14 years$13,803$11,946$10,307$8,868$7,611$5,441
15 years$12,750$10,913$9,306$7,909$6,701$4,654
16 years$11,829$10,013$8,437$7,081$5,922$3,994
17 years$11,018$9,221$7,678$6,362$5,251$3,437
18 years$10,297$8,521$7,009$5,734$4,669$2,965
19 years$9,653$7,897$6,416$5,181$4,162$2,562
20 years$9,074$7,338$5,888$4,692$3,717$2,218
21 years$8,552$6,835$5,416$4,259$3,327$1,922
22 years$8,077$6,381$4,992$3,872$2,982$1,668
23 years$7,644$5,968$4,609$3,526$2,677$1,450
24 years$7,248$5,591$4,263$3,216$2,406$1,261
25 years$6,884$5,247$3,948$2,937$2,165$1,097
26 years$6,548$4,931$3,662$2,686$1,950$955
27 years$6,238$4,641$3,400$2,458$1,758$833
28 years$5,951$4,373$3,161$2,252$1,586$726
29 years$5,684$4,126$2,941$2,065$1,432$633
30 years$5,435$3,896$2,740$1,896$1,294$552
31 years$5,203$3,683$2,554$1,741$1,170$482
32 years$4,985$3,485$2,383$1,600$1,059$421
33 years$4,782$3,300$2,225$1,471$958$368
34 years$4,590$3,128$2,079$1,354$867$321
35 years$4,410$2,967$1,944$1,246$786$281
36 years$4,241$2,816$1,818$1,148$712$245
37 years$4,080$2,675$1,702$1,057$645$214
38 years$3,929$2,542$1,594$975$585$187
39 years$3,786$2,417$1,493$899$530$164
40 years$3,650$2,300$1,400$829$481$143
41 years$3,522$2,189$1,312$765$436$125
42 years$3,399$2,085$1,231$706$396$109
43 years$3,283$1,986$1,155$652$359$96
44 years$3,172$1,893$1,084$602$326$84
45 years$3,067$1,806$1,018$556$296$73
46 years$2,966$1,722$956$513$269$64
47 years$2,870$1,644$898$474$244$56
48 years$2,779$1,569$844$438$222$49
49 years$2,691$1,498$794$405$201$43
50 years$2,607$1,431$746$374$183$37

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 $5,366 every year, while hoping to spend $25,754 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: 46/24/30 Blend
29$2,670,000$2,670,000$2,670,000$2,670,000
30$2,947,875$2,806,365$2,764,980$3,057,769
31$3,221,156$2,916,475$2,830,205$3,246,509
32$3,521,449$3,031,117$2,896,751$3,448,287
33$3,851,481$3,150,486$2,964,637$3,666,749
34$4,214,258$3,274,786$3,033,878$3,903,473
35$4,613,091$3,404,229$3,104,492$4,160,197
36$5,051,628$3,539,038$3,176,494$4,438,831
37$5,533,888$3,679,444$3,249,900$4,741,475
38$6,064,298$3,825,691$3,324,726$5,070,441
39$6,647,738$3,978,031$3,400,985$5,428,270
40$7,289,582$4,136,730$3,478,694$5,817,757
41$7,995,754$4,302,064$3,557,864$6,241,979
42$8,772,778$4,474,322$3,638,509$6,704,321
43$9,627,844$4,653,807$3,720,642$7,208,507
44$10,568,875$4,840,834$3,804,275$7,758,636
45$11,604,599$5,035,734$3,889,417$8,359,221
46$12,744,635$5,238,851$3,976,078$9,015,225
47$13,999,579$5,450,546$4,064,269$9,732,116
48$15,381,110$5,671,197$4,153,996$10,515,910
49$16,902,095$5,901,198$4,245,267$11,373,232
50$18,576,712$6,140,960$4,338,086$12,311,374
51$20,420,584$6,390,914$4,432,459$13,338,365
52$22,450,926$6,651,511$4,528,389$14,463,047
53$24,686,707$6,923,221$4,625,877$15,695,155
54$27,148,830$7,206,538$4,724,923$17,045,409
55$29,860,328$7,501,976$4,825,525$18,525,614
56$32,846,582$7,810,073$4,927,680$20,148,770
57$36,135,560$8,131,393$5,031,384$21,929,196
58$39,758,080$8,466,524$5,136,628$23,882,660
59$43,748,102$8,816,083$5,243,404$26,026,531
60$48,143,051$9,180,712$5,351,700$28,379,935
61$52,984,162$9,561,087$5,461,501$30,963,944
62$58,316,878$9,957,912$5,572,793$33,801,766
63$64,191,273$10,371,923$5,685,555$36,918,963
64$70,662,528$10,803,893$5,799,767$40,343,695
65$77,791,449$11,254,626$5,915,402$44,106,982
66$85,645,042$11,724,969$6,032,433$48,242,995
67$94,297,146$12,215,802$6,150,829$52,789,376
68$103,829,128$12,728,049$6,270,555$57,787,594
69$114,330,653$13,262,678$6,391,573$63,283,334
70$125,900,529$13,820,698$6,513,840$69,326,924
71$138,647,638$14,403,168$6,637,310$75,973,812
72$152,691,969$15,011,195$6,761,931$83,285,085
73$168,165,743$15,645,936$6,887,648$91,328,043
74$185,214,666$16,308,605$7,014,402$100,176,835
75$203,999,304$17,000,468$7,142,127$109,913,153
76$224,696,597$17,722,855$7,270,751$120,627,005
77$247,501,528$18,477,153$7,400,200$132,417,558
78$272,628,967$19,264,817$7,530,390$145,394,075
79$300,315,697$20,087,369$7,661,234$159,676,940
80$330,822,649$20,946,400$7,792,636$175,398,798
81$364,437,365$21,843,579$7,924,494$192,705,797
82$401,476,711$22,780,650$8,056,701$211,758,970
83$442,289,874$23,759,440$8,189,138$232,735,749
84$487,261,649$24,781,860$8,321,682$255,831,639
85$536,816,078$25,849,913$8,454,199$281,262,057
86$591,420,452$26,965,693$8,586,549$309,264,367
87$651,589,720$28,131,393$8,718,581$340,100,112
88$717,891,352$29,349,312$8,850,133$374,057,483
89$790,950,693$30,621,851$8,981,036$411,454,033
90$871,456,872$31,951,530$9,111,108$452,639,672
91$960,169,300$33,340,983$9,240,158$497,999,967
92$1,057,924,848$34,792,970$9,367,982$547,959,774
93$1,165,645,736$36,310,379$9,494,364$602,987,248
94$1,284,348,251$37,896,238$9,619,075$663,598,255
95$1,415,152,332$39,553,713$9,741,873$730,361,238
96$1,559,292,146$41,286,121$9,862,503$803,902,577
97$1,718,127,742$43,096,938$9,980,693$884,912,499
98$1,893,157,884$44,989,800$10,096,158$974,151,584
99$2,086,034,205$46,968,517$10,208,597$1,072,457,947
100$2,298,576,799$49,037,079$10,317,690$1,180,755,133