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

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 $2,680,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$221,312$219,341$217,417$215,540$213,707$211,916
2 years$109,560$107,520$105,542$103,625$101,765$99,961
3 years$72,315$70,265$68,293$66,394$64,564$62,801
4 years$53,696$51,653$49,700$47,833$46,048$44,340
5 years$42,527$40,496$38,569$36,740$35,005$33,358
6 years$35,084$33,068$31,170$29,381$27,698$26,114
7 years$29,769$27,771$25,902$24,156$22,526$21,005
8 years$25,785$23,805$21,967$20,264$18,687$17,229
9 years$22,688$20,726$18,920$17,260$15,737$14,342
10 years$20,212$18,269$16,495$14,879$13,409$12,076
11 years$18,187$16,264$14,522$12,949$11,532$10,260
12 years$16,501$14,598$12,888$11,358$9,994$8,781
13 years$15,075$13,192$11,514$10,027$8,715$7,561
14 years$13,855$11,991$10,346$8,901$7,639$6,542
15 years$12,797$10,954$9,341$7,938$6,726$5,684
16 years$11,873$10,050$8,469$7,108$5,945$4,957
17 years$11,059$9,256$7,706$6,386$5,271$4,335
18 years$10,336$8,553$7,035$5,755$4,687$3,801
19 years$9,689$7,927$6,440$5,200$4,177$3,340
20 years$9,108$7,366$5,910$4,710$3,731$2,941
21 years$8,584$6,861$5,436$4,275$3,339$2,594
22 years$8,107$6,404$5,011$3,887$2,993$2,291
23 years$7,672$5,990$4,626$3,540$2,687$2,026
24 years$7,275$5,612$4,279$3,228$2,415$1,794
25 years$6,909$5,267$3,963$2,948$2,173$1,589
26 years$6,573$4,950$3,675$2,696$1,957$1,410
27 years$6,262$4,658$3,413$2,468$1,765$1,251
28 years$5,973$4,390$3,173$2,261$1,592$1,111
29 years$5,705$4,141$2,952$2,073$1,438$988
30 years$5,455$3,911$2,750$1,903$1,299$878
31 years$5,222$3,697$2,564$1,747$1,175$781
32 years$5,004$3,498$2,392$1,606$1,062$695
33 years$4,799$3,313$2,234$1,477$962$619
34 years$4,607$3,140$2,087$1,359$871$551
35 years$4,427$2,978$1,951$1,251$789$491
36 years$4,256$2,827$1,825$1,152$714$437
37 years$4,096$2,685$1,708$1,061$648$390
38 years$3,944$2,551$1,600$978$587$348
39 years$3,800$2,426$1,499$902$532$310
40 years$3,664$2,308$1,405$832$483$276
41 years$3,535$2,197$1,317$768$438$246
42 years$3,412$2,093$1,236$708$397$220
43 years$3,295$1,994$1,160$654$361$196
44 years$3,184$1,900$1,088$604$327$175
45 years$3,078$1,812$1,022$558$297$156
46 years$2,977$1,729$960$515$270$139
47 years$2,881$1,650$902$476$245$124
48 years$2,789$1,575$847$440$223$111
49 years$2,701$1,504$797$406$202$99
50 years$2,617$1,437$749$376$184$88

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 $4,548 every year, while hoping to spend $54,148 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: 54/29/17 Blend
29$2,680,000$2,680,000$2,680,000$2,680,000
30$2,958,051$2,816,011$2,774,471$3,104,045
31$3,202,159$2,896,383$2,809,803$3,284,638
32$3,469,352$2,978,878$2,844,504$3,474,968
33$3,761,926$3,063,543$2,878,495$3,680,941
34$4,082,412$3,150,426$2,911,693$3,904,064
35$4,433,595$3,239,574$2,944,013$4,145,993
36$4,818,545$3,331,036$2,975,360$4,408,555
37$5,240,640$3,424,860$3,005,638$4,693,756
38$5,703,603$3,521,096$3,034,745$5,003,810
39$6,211,533$3,619,793$3,062,572$5,341,152
40$6,768,947$3,721,000$3,089,005$5,708,464
41$7,380,817$3,824,767$3,113,924$6,108,701
42$8,052,624$3,931,143$3,137,204$6,545,116
43$8,790,402$4,040,180$3,158,711$7,021,293
44$9,600,800$4,151,926$3,178,305$7,541,179
45$10,491,143$4,266,432$3,195,840$8,109,123
46$11,469,500$4,383,747$3,211,160$8,729,913
47$12,544,759$4,503,921$3,224,104$9,408,827
48$13,726,713$4,627,002$3,234,501$10,151,678
49$15,026,152$4,753,040$3,242,171$10,964,868
50$16,454,963$4,882,081$3,246,927$11,855,454
51$18,026,240$5,014,175$3,248,570$12,831,208
52$19,754,414$5,149,366$3,246,894$13,900,694
53$21,655,380$5,287,701$3,241,681$15,073,349
54$23,746,654$5,429,224$3,232,703$16,359,569
55$26,047,535$5,573,978$3,219,720$17,770,809
56$28,579,285$5,722,004$3,202,482$19,319,692
57$31,365,333$5,873,344$3,180,726$21,020,126
58$34,431,493$6,028,034$3,154,177$22,887,435
59$37,806,209$6,186,111$3,122,546$24,938,506
60$41,520,821$6,347,609$3,085,529$27,191,948
61$45,609,862$6,512,559$3,042,812$29,668,263
62$50,111,384$6,680,991$2,994,063$32,390,048
63$55,067,315$6,852,929$2,938,933$35,382,198
64$60,523,854$7,028,396$2,877,061$38,672,151
65$66,531,911$7,207,410$2,808,065$42,290,139
66$73,147,579$7,389,987$2,731,549$46,269,480
67$80,432,673$7,576,137$2,647,097$50,646,887
68$88,455,303$7,765,865$2,554,272$55,462,818
69$97,290,524$7,959,173$2,452,620$60,761,857
70$107,021,040$8,156,055$2,341,666$66,593,134
71$117,737,986$8,356,501$2,220,911$73,010,792
72$129,541,785$8,560,495$2,089,837$80,074,495
73$142,543,100$8,768,011$1,947,898$87,849,993
74$156,863,872$8,979,020$1,794,529$96,409,744
75$172,638,476$9,193,481$1,629,135$105,833,594
76$190,014,986$9,411,347$1,451,097$116,209,537
77$209,156,573$9,632,562$1,259,767$127,634,542
78$230,243,044$9,857,057$1,054,469$140,215,470
79$253,472,538$10,084,757$834,498$154,070,083
80$279,063,399$10,315,573$599,116$169,328,156
81$307,256,233$10,549,403$347,553$186,132,705
82$338,316,180$10,786,134$79,007$204,641,333
83$372,535,414$11,025,639$0$225,027,724
84$410,235,907$11,267,776$0$247,520,930
85$451,772,460$11,512,387$0$272,311,969
86$497,536,054$11,759,297$0$299,619,106
87$547,957,543$12,008,314$0$329,698,673
88$603,511,718$12,259,227$0$362,833,143
89$664,721,787$12,511,803$0$399,333,797
90$732,164,317$12,765,790$0$439,543,659
91$806,474,674$13,020,910$0$483,840,737
92$888,353,020$13,276,864$0$532,641,592
93$978,570,922$13,533,324$0$586,405,266
94$1,077,978,636$13,789,936$0$645,637,622
95$1,187,513,130$14,046,317$0$710,896,113
96$1,308,206,935$14,302,052$0$782,795,050
97$1,441,197,883$14,556,693$0$862,011,395
98$1,587,739,853$14,809,757$0$949,291,160
99$1,749,214,608$15,060,725$0$1,045,456,444
100$1,927,144,834$15,309,037$0$1,151,413,196