Can I retire at age 30 with 2,690,000?

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 $2,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$222,138$220,159$218,229$216,344$214,504$209,659
2 years$109,969$107,921$105,936$104,012$102,145$97,290
3 years$72,585$70,528$68,548$66,641$64,805$60,091
4 years$53,896$51,845$49,885$48,011$46,219$41,683
5 years$42,686$40,647$38,713$36,877$35,135$30,790
6 years$35,215$33,192$31,286$29,491$27,801$23,650
7 years$29,880$27,874$25,999$24,246$22,610$18,655
8 years$25,881$23,893$22,049$20,340$18,757$14,996
9 years$22,773$20,803$18,991$17,325$15,796$12,226
10 years$20,287$18,337$16,557$14,934$13,459$10,077
11 years$18,255$16,325$14,576$12,997$11,575$8,376
12 years$16,562$14,652$12,936$11,400$10,031$7,010
13 years$15,132$13,241$11,557$10,065$8,747$5,898
14 years$13,906$12,036$10,384$8,934$7,668$4,985
15 years$12,845$10,995$9,376$7,968$6,751$4,229
16 years$11,918$10,088$8,500$7,134$5,967$3,599
17 years$11,100$9,290$7,735$6,410$5,291$3,070
18 years$10,374$8,585$7,061$5,777$4,704$2,625
19 years$9,726$7,956$6,464$5,220$4,193$2,248
20 years$9,142$7,393$5,932$4,728$3,745$1,929
21 years$8,616$6,887$5,457$4,291$3,352$1,657
22 years$8,137$6,428$5,029$3,901$3,004$1,425
23 years$7,701$6,012$4,644$3,553$2,697$1,226
24 years$7,302$5,633$4,295$3,240$2,424$1,056
25 years$6,935$5,286$3,978$2,959$2,181$911
26 years$6,597$4,968$3,689$2,706$1,965$785
27 years$6,285$4,676$3,426$2,477$1,771$678
28 years$5,995$4,406$3,185$2,269$1,598$585
29 years$5,726$4,157$2,963$2,081$1,443$505
30 years$5,476$3,925$2,760$1,910$1,304$437
31 years$5,242$3,711$2,573$1,754$1,179$377
32 years$5,023$3,511$2,401$1,612$1,066$326
33 years$4,817$3,325$2,242$1,482$965$282
34 years$4,625$3,152$2,095$1,364$874$244
35 years$4,443$2,989$1,958$1,256$791$211
36 years$4,272$2,837$1,832$1,156$717$183
37 years$4,111$2,695$1,715$1,065$650$158
38 years$3,959$2,561$1,606$982$589$137
39 years$3,814$2,435$1,504$905$534$118
40 years$3,678$2,317$1,410$835$485$102
41 years$3,548$2,205$1,322$771$440$89
42 years$3,425$2,100$1,240$711$399$77
43 years$3,308$2,001$1,164$656$362$66
44 years$3,196$1,908$1,092$606$329$57
45 years$3,090$1,819$1,026$560$298$50
46 years$2,989$1,735$963$517$271$43
47 years$2,892$1,656$905$478$246$37
48 years$2,799$1,581$851$441$223$32
49 years$2,711$1,510$799$408$203$28
50 years$2,626$1,442$752$377$184$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,690,000, adding $5,821 every year, while hoping to spend $42,802 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: 27/44/29 Blend
29$2,690,000$2,690,000$2,690,000$2,690,000
30$2,970,384$2,827,814$2,786,119$3,023,703
31$3,227,823$2,920,836$2,833,913$3,160,592
32$3,510,085$3,016,982$2,881,874$3,303,412
33$3,819,658$3,116,359$2,929,961$3,455,891
34$4,159,282$3,219,079$2,978,134$3,618,882
35$4,531,973$3,325,257$3,026,345$3,793,322
36$4,941,054$3,435,015$3,074,547$3,980,242
37$5,390,186$3,548,475$3,122,690$4,180,773
38$5,883,402$3,665,768$3,170,717$4,396,158
39$6,425,143$3,787,025$3,218,570$4,627,763
40$7,020,304$3,912,385$3,266,188$4,877,088
41$7,674,274$4,041,991$3,313,505$5,145,785
42$8,392,994$4,175,992$3,360,451$5,435,667
43$9,183,005$4,314,541$3,406,951$5,748,732
44$10,051,515$4,457,798$3,452,929$6,087,172
45$11,006,467$4,605,928$3,498,299$6,453,404
46$12,056,610$4,759,101$3,542,975$6,850,082
47$13,211,583$4,917,495$3,586,863$7,280,129
48$14,482,006$5,081,295$3,629,865$7,746,762
49$15,879,583$5,250,690$3,671,877$8,253,517
50$17,417,205$5,425,879$3,712,790$8,804,291
51$19,109,079$5,607,065$3,752,487$9,403,370
52$20,970,856$5,794,463$3,790,847$10,055,472
53$23,019,783$5,988,291$3,827,740$10,765,792
54$25,274,863$6,188,779$3,863,031$11,540,050
55$27,757,033$6,396,164$3,896,577$12,384,542
56$30,489,364$6,610,690$3,928,226$13,306,200
57$33,497,279$6,832,613$3,957,821$14,312,659
58$36,808,788$7,062,198$3,985,195$15,412,326
59$40,454,756$7,299,718$4,010,171$16,614,457
60$44,469,195$7,545,457$4,032,565$17,929,250
61$48,889,580$7,799,712$4,052,184$19,367,932
62$53,757,207$8,062,788$4,068,822$20,942,872
63$59,117,580$8,335,002$4,082,265$22,667,691
64$65,020,841$8,616,685$4,092,289$24,557,392
65$71,522,243$8,908,178$4,098,656$26,628,504
66$78,682,669$9,209,837$4,101,119$28,899,231
67$86,569,212$9,522,029$4,099,417$31,389,628
68$95,255,800$9,845,138$4,093,276$34,121,787
69$104,823,902$10,179,559$4,082,410$37,120,045
70$115,363,288$10,525,706$4,066,519$40,411,212
71$126,972,882$10,884,005$4,045,287$44,024,827
72$139,761,696$11,254,900$4,018,384$47,993,429
73$153,849,852$11,638,853$3,985,463$52,352,871
74$169,369,723$12,036,343$3,946,161$57,142,650
75$186,467,176$12,447,866$3,900,100$62,406,283
76$205,302,955$12,873,938$3,846,880$68,191,718
77$226,054,192$13,315,096$3,786,086$74,551,782
78$248,916,080$13,771,897$3,717,280$81,544,678
79$274,103,718$14,244,917$3,640,007$89,234,538
80$301,854,138$14,734,760$3,553,788$97,692,022
81$332,428,544$15,242,047$3,458,124$106,994,988
82$366,114,777$15,767,428$3,352,492$117,229,223
83$403,230,028$16,311,576$3,236,344$128,489,251
84$444,123,838$16,875,191$3,109,110$140,879,226
85$489,181,394$17,458,999$2,970,189$154,513,915
86$538,827,164$18,063,758$2,818,958$169,519,774
87$593,528,905$18,690,252$2,654,763$186,036,147
88$653,802,076$19,339,297$2,476,920$204,216,576
89$720,214,707$20,011,742$2,284,717$224,230,252
90$793,392,758$20,708,468$2,077,406$246,263,606
91$874,026,029$21,430,393$1,854,209$270,522,071
92$962,874,671$22,178,469$1,614,312$297,232,020
93$1,060,776,361$22,953,688$1,356,864$326,642,898
94$1,168,654,210$23,757,079$1,080,980$359,029,576
95$1,287,525,478$24,589,714$785,731$394,694,949
96$1,418,511,174$25,452,707$470,150$433,972,786
97$1,562,846,641$26,347,217$133,228$477,230,884
98$1,721,893,216$27,274,449$0$524,874,535
99$1,897,151,083$28,235,656$0$577,420,387
100$2,090,273,432$29,232,142$0$635,339,101