Can I retire at age 30 with 2,680,000?

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 $2,680,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$221,312$219,341$217,417$215,540$213,707$212,360
2 years$109,560$107,520$105,542$103,625$101,765$100,407
3 years$72,315$70,265$68,293$66,394$64,564$63,236
4 years$53,696$51,653$49,700$47,833$46,048$44,760
5 years$42,527$40,496$38,569$36,740$35,005$33,761
6 years$35,084$33,068$31,170$29,381$27,698$26,501
7 years$29,769$27,771$25,902$24,156$22,526$21,375
8 years$25,785$23,805$21,967$20,264$18,687$17,583
9 years$22,688$20,726$18,920$17,260$15,737$14,680
10 years$20,212$18,269$16,495$14,879$13,409$12,397
11 years$18,187$16,264$14,522$12,949$11,532$10,565
12 years$16,501$14,598$12,888$11,358$9,994$9,071
13 years$15,075$13,192$11,514$10,027$8,715$7,835
14 years$13,855$11,991$10,346$8,901$7,639$6,802
15 years$12,797$10,954$9,341$7,938$6,726$5,930
16 years$11,873$10,050$8,469$7,108$5,945$5,188
17 years$11,059$9,256$7,706$6,386$5,271$4,554
18 years$10,336$8,553$7,035$5,755$4,687$4,007
19 years$9,689$7,927$6,440$5,200$4,177$3,534
20 years$9,108$7,366$5,910$4,710$3,731$3,123
21 years$8,584$6,861$5,436$4,275$3,339$2,764
22 years$8,107$6,404$5,011$3,887$2,993$2,450
23 years$7,672$5,990$4,626$3,540$2,687$2,175
24 years$7,275$5,612$4,279$3,228$2,415$1,933
25 years$6,909$5,267$3,963$2,948$2,173$1,720
26 years$6,573$4,950$3,675$2,696$1,957$1,531
27 years$6,262$4,658$3,413$2,468$1,765$1,364
28 years$5,973$4,390$3,173$2,261$1,592$1,217
29 years$5,705$4,141$2,952$2,073$1,438$1,086
30 years$5,455$3,911$2,750$1,903$1,299$969
31 years$5,222$3,697$2,564$1,747$1,175$866
32 years$5,004$3,498$2,392$1,606$1,062$774
33 years$4,799$3,313$2,234$1,477$962$692
34 years$4,607$3,140$2,087$1,359$871$618
35 years$4,427$2,978$1,951$1,251$789$553
36 years$4,256$2,827$1,825$1,152$714$495
37 years$4,096$2,685$1,708$1,061$648$443
38 years$3,944$2,551$1,600$978$587$397
39 years$3,800$2,426$1,499$902$532$355
40 years$3,664$2,308$1,405$832$483$318
41 years$3,535$2,197$1,317$768$438$285
42 years$3,412$2,093$1,236$708$397$255
43 years$3,295$1,994$1,160$654$361$229
44 years$3,184$1,900$1,088$604$327$205
45 years$3,078$1,812$1,022$558$297$184
46 years$2,977$1,729$960$515$270$164
47 years$2,881$1,650$902$476$245$147
48 years$2,789$1,575$847$440$223$132
49 years$2,701$1,504$797$406$202$118
50 years$2,617$1,437$749$376$184$106

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,680,000, adding $6,811 every year, while hoping to spend $30,472 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: 73/21/6 Blend
29$2,680,000$2,680,000$2,680,000$2,680,000
30$2,960,386$2,818,346$2,776,806$3,173,945
31$3,229,923$2,924,023$2,837,407$3,421,237
32$3,525,932$3,033,856$2,899,016$3,687,469
33$3,851,080$3,148,019$2,961,637$3,978,161
34$4,208,307$3,266,688$3,025,268$4,295,717
35$4,600,850$3,390,052$3,089,910$4,642,784
36$5,032,276$3,518,304$3,155,562$5,022,273
37$5,506,515$3,651,648$3,222,220$5,437,391
38$6,027,897$3,790,295$3,289,881$5,891,666
39$6,601,190$3,934,467$3,358,540$6,388,985
40$7,231,650$4,084,395$3,428,190$6,933,626
41$7,925,068$4,240,319$3,498,824$7,530,298
42$8,687,821$4,402,491$3,570,430$8,184,188
43$9,526,938$4,571,173$3,643,000$8,901,008
44$10,450,164$4,746,638$3,716,518$9,687,047
45$11,466,030$4,929,173$3,790,971$10,549,230
46$12,583,938$5,119,076$3,866,341$11,495,187
47$13,814,246$5,316,657$3,942,610$12,533,316
48$15,168,368$5,522,242$4,019,757$13,672,871
49$16,658,881$5,736,171$4,097,758$14,924,042
50$18,299,640$5,958,797$4,176,586$16,298,053
51$20,105,917$6,190,491$4,256,215$17,807,268
52$22,094,534$6,431,639$4,336,612$19,465,303
53$24,284,032$6,682,645$4,417,744$21,287,161
54$26,694,837$6,943,929$4,499,573$23,289,366
55$29,349,461$7,215,932$4,582,058$25,490,120
56$32,272,706$7,499,113$4,665,158$27,909,475
57$35,491,905$7,793,952$4,748,823$30,569,523
58$39,037,175$8,100,951$4,833,004$33,494,598
59$42,941,703$8,420,633$4,917,646$36,711,510
60$47,242,058$8,753,546$5,002,689$40,249,796
61$51,978,540$9,100,262$5,088,071$44,141,997
62$57,195,553$9,461,377$5,173,723$48,423,961
63$62,942,030$9,837,515$5,259,574$53,135,187
64$69,271,893$10,229,329$5,345,545$58,319,191
65$76,244,560$10,637,499$5,431,554$64,023,918
66$83,925,507$11,062,739$5,517,513$70,302,194
67$92,386,886$11,505,791$5,603,328$77,212,219
68$101,708,207$11,967,433$5,688,898$84,818,121
69$111,977,086$12,448,479$5,774,118$93,190,556
70$123,290,071$12,949,777$5,858,873$102,407,375
71$135,753,558$13,472,215$5,943,044$112,554,355
72$149,484,789$14,016,722$6,026,504$123,726,013
73$164,612,963$14,584,267$6,109,118$136,026,487
74$181,280,453$15,175,864$6,190,742$149,570,527
75$199,644,153$15,792,575$6,271,225$164,484,570
76$219,876,952$16,435,506$6,350,406$180,907,936
77$242,169,373$17,105,818$6,428,117$198,994,137
78$266,731,367$17,804,722$6,504,177$218,912,326
79$293,794,298$18,533,484$6,578,398$240,848,893
80$323,613,122$19,293,431$6,650,580$265,009,222
81$356,468,798$20,085,946$6,720,512$291,619,623
82$392,670,937$20,912,480$6,787,972$320,929,475
83$432,560,728$21,774,547$6,852,724$353,213,567
84$476,514,155$22,673,732$6,914,522$388,774,698
85$524,945,546$23,611,692$6,973,106$427,946,530
86$578,311,488$24,590,161$7,028,202$471,096,732
87$637,115,133$25,610,953$7,079,520$518,630,453
88$701,910,950$26,675,963$7,126,757$570,994,139
89$773,309,958$27,787,176$7,169,595$628,679,749
90$851,985,493$28,946,667$7,207,696$692,229,393
91$938,679,568$30,156,608$7,240,707$762,240,445
92$1,034,209,872$31,419,269$7,268,259$839,371,183
93$1,139,477,494$32,737,029$7,289,961$924,346,997
94$1,255,475,427$34,112,372$7,305,404$1,017,967,233
95$1,383,297,943$35,547,901$7,314,157$1,121,112,735
96$1,524,150,923$37,046,338$7,315,771$1,234,754,158
97$1,679,363,239$38,610,530$7,309,771$1,359,961,127
98$1,850,399,302$40,243,459$7,295,662$1,497,912,328
99$2,038,872,886$41,948,243$7,272,921$1,649,906,632
100$2,246,562,360$43,728,147$7,241,004$1,817,375,352