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%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 $3,537 every year, while hoping to spend $58,250 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: 38/46/16 Blend
29$2,680,000$2,680,000$2,680,000$2,680,000
30$2,957,008$2,814,968$2,773,428$3,054,983
31$3,196,646$2,890,924$2,804,361$3,201,474
32$3,458,774$2,968,650$2,834,377$3,353,842
33$3,745,625$3,048,170$2,863,385$3,517,267
34$4,059,658$3,129,509$2,891,287$3,692,773
35$4,403,580$3,212,692$2,917,982$3,881,490
36$4,780,371$3,297,740$2,943,361$4,084,658
37$5,193,315$3,384,676$2,967,310$4,303,645
38$5,646,029$3,473,520$2,989,710$4,539,955
39$6,142,493$3,564,292$3,010,434$4,795,244
40$6,687,094$3,657,009$3,029,351$5,071,336
41$7,284,664$3,751,689$3,046,321$5,370,239
42$7,940,524$3,848,346$3,061,197$5,694,166
43$8,660,536$3,946,993$3,073,825$6,045,550
44$9,451,156$4,047,642$3,084,044$6,427,076
45$10,319,498$4,150,300$3,091,683$6,841,697
46$11,273,397$4,254,975$3,096,565$7,292,670
47$12,321,485$4,361,670$3,098,501$7,783,579
48$13,473,271$4,470,386$3,097,295$8,318,375
49$14,739,231$4,581,122$3,092,742$8,901,411
50$16,130,908$4,693,872$3,084,624$9,537,481
51$17,661,017$4,808,628$3,072,714$10,231,869
52$19,343,566$4,925,376$3,056,776$10,990,395
53$21,193,991$5,044,101$3,036,559$11,819,475
54$23,229,296$5,164,780$3,011,802$12,726,176
55$25,468,219$5,287,389$2,982,232$13,718,287
56$27,931,402$5,411,896$2,947,562$14,804,390
57$30,641,591$5,538,264$2,907,491$15,993,943
58$33,623,846$5,666,452$2,861,705$17,297,368
59$36,905,781$5,796,411$2,809,874$18,726,151
60$40,517,820$5,928,085$2,751,655$20,292,950
61$44,493,489$6,061,413$2,686,687$22,011,714
62$48,869,726$6,196,323$2,614,592$23,897,814
63$53,687,233$6,332,737$2,534,975$25,968,194
64$58,990,858$6,470,569$2,447,425$28,241,523
65$64,830,021$6,609,722$2,351,508$30,738,379
66$71,259,174$6,750,089$2,246,775$33,481,439
67$78,338,320$6,891,554$2,132,752$36,495,695
68$86,133,576$7,033,988$2,008,947$39,808,692
69$94,717,798$7,177,251$1,874,844$43,450,786
70$104,171,267$7,321,189$1,729,905$47,455,432
71$114,582,445$7,465,637$1,573,566$51,859,503
72$126,048,814$7,610,412$1,405,239$56,703,634
73$138,677,789$7,755,318$1,224,311$62,032,613
74$152,587,737$7,900,143$1,030,139$67,895,797
75$167,909,092$8,044,655$822,055$74,347,586
76$184,785,584$8,188,608$599,357$81,447,932
77$203,375,595$8,331,731$361,317$89,262,911
78$223,853,656$8,473,736$107,172$97,865,344
79$246,412,093$8,614,314$0$107,335,488
80$271,262,840$8,753,128$0$117,789,801
81$298,639,439$8,889,820$0$129,319,104
82$328,799,246$9,024,006$0$142,012,667
83$362,025,859$9,155,273$0$155,989,047
84$398,631,794$9,283,178$0$171,378,901
85$438,961,431$9,407,248$0$188,326,212
86$483,394,271$9,526,977$0$206,989,653
87$532,348,512$9,641,824$0$227,544,089
88$586,284,998$9,751,212$0$250,182,221
89$645,711,569$9,854,523$0$275,116,415
90$711,187,855$9,951,099$0$302,580,702
91$783,330,552$10,040,240$0$332,832,991
92$862,819,254$10,121,197$0$366,157,506
93$950,402,856$10,193,173$0$402,867,469
94$1,046,906,631$10,255,322$0$443,308,061
95$1,153,240,015$10,306,741$0$487,859,680
96$1,270,405,195$10,346,470$0$536,941,539
97$1,399,506,566$10,373,488$0$591,015,621
98$1,541,761,158$10,386,712$0$650,591,042
99$1,698,510,124$10,384,988$0$716,228,869
100$1,871,231,399$10,367,095$0$788,547,407