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%14.2%
1 years$222,138$220,159$218,229$216,344$214,504$210,777
2 years$109,969$107,921$105,936$104,012$102,145$98,402
3 years$72,585$70,528$68,548$66,641$64,805$61,163
4 years$53,896$51,845$49,885$48,011$46,219$42,706
5 years$42,686$40,647$38,713$36,877$35,135$31,761
6 years$35,215$33,192$31,286$29,491$27,801$24,570
7 years$29,880$27,874$25,999$24,246$22,610$19,522
8 years$25,881$23,893$22,049$20,340$18,757$15,812
9 years$22,773$20,803$18,991$17,325$15,796$12,993
10 years$20,287$18,337$16,557$14,934$13,459$10,794
11 years$18,255$16,325$14,576$12,997$11,575$9,046
12 years$16,562$14,652$12,936$11,400$10,031$7,635
13 years$15,132$13,241$11,557$10,065$8,747$6,480
14 years$13,906$12,036$10,384$8,934$7,668$5,525
15 years$12,845$10,995$9,376$7,968$6,751$4,730
16 years$11,918$10,088$8,500$7,134$5,967$4,062
17 years$11,100$9,290$7,735$6,410$5,291$3,498
18 years$10,374$8,585$7,061$5,777$4,704$3,019
19 years$9,726$7,956$6,464$5,220$4,193$2,611
20 years$9,142$7,393$5,932$4,728$3,745$2,262
21 years$8,616$6,887$5,457$4,291$3,352$1,962
22 years$8,137$6,428$5,029$3,901$3,004$1,704
23 years$7,701$6,012$4,644$3,553$2,697$1,482
24 years$7,302$5,633$4,295$3,240$2,424$1,290
25 years$6,935$5,286$3,978$2,959$2,181$1,123
26 years$6,597$4,968$3,689$2,706$1,965$979
27 years$6,285$4,676$3,426$2,477$1,771$854
28 years$5,995$4,406$3,185$2,269$1,598$745
29 years$5,726$4,157$2,963$2,081$1,443$650
30 years$5,476$3,925$2,760$1,910$1,304$568
31 years$5,242$3,711$2,573$1,754$1,179$496
32 years$5,023$3,511$2,401$1,612$1,066$434
33 years$4,817$3,325$2,242$1,482$965$379
34 years$4,625$3,152$2,095$1,364$874$331
35 years$4,443$2,989$1,958$1,256$791$290
36 years$4,272$2,837$1,832$1,156$717$253
37 years$4,111$2,695$1,715$1,065$650$222
38 years$3,959$2,561$1,606$982$589$194
39 years$3,814$2,435$1,504$905$534$170
40 years$3,678$2,317$1,410$835$485$148
41 years$3,548$2,205$1,322$771$440$130
42 years$3,425$2,100$1,240$711$399$114
43 years$3,308$2,001$1,164$656$362$100
44 years$3,196$1,908$1,092$606$329$87
45 years$3,090$1,819$1,026$560$298$76
46 years$2,989$1,735$963$517$271$67
47 years$2,892$1,656$905$478$246$58
48 years$2,799$1,581$851$441$223$51
49 years$2,711$1,510$799$408$203$45
50 years$2,626$1,442$752$377$184$39

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 $3,276 every year, while hoping to spend $56,354 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: 53/30/17 Blend
29$2,690,000$2,690,000$2,690,000$2,690,000
30$2,967,759$2,825,189$2,783,494$3,111,231
31$3,210,510$2,903,663$2,816,781$3,288,272
32$3,476,134$2,984,094$2,849,294$3,474,577
33$3,766,902$3,066,517$2,880,948$3,676,048
34$4,085,319$3,150,970$2,911,653$3,894,144
35$4,434,142$3,237,487$2,941,314$4,130,470
36$4,816,406$3,326,106$2,969,830$4,386,794
37$5,235,456$3,416,862$2,997,096$4,665,059
38$5,694,974$3,509,790$3,023,000$4,967,410
39$6,199,017$3,604,924$3,047,425$5,296,206
40$6,752,050$3,702,300$3,070,248$5,654,045
41$7,358,997$3,801,950$3,091,339$6,043,790
42$8,025,276$3,903,907$3,110,560$6,468,591
43$8,756,859$4,008,203$3,127,769$6,931,923
44$9,560,324$4,114,870$3,142,814$7,437,610
45$10,442,915$4,223,937$3,155,536$7,989,865
46$11,412,614$4,335,432$3,165,769$8,593,331
47$12,478,216$4,449,383$3,173,337$9,253,120
48$13,649,406$4,565,815$3,178,057$9,974,867
49$14,936,858$4,684,753$3,179,734$10,764,778
50$16,352,330$4,806,217$3,178,167$11,629,694
51$17,908,774$4,930,229$3,173,142$12,577,148
52$19,620,464$5,056,805$3,164,437$13,615,443
53$21,503,124$5,185,961$3,151,818$14,753,727
54$23,574,078$5,317,708$3,135,040$16,002,080
55$25,852,415$5,452,057$3,113,845$17,371,608
56$28,359,166$5,589,013$3,087,963$18,874,550
57$31,117,505$5,728,578$3,057,114$20,524,392
58$34,152,964$5,870,752$3,021,001$22,335,995
59$37,493,676$6,015,529$2,979,315$24,325,733
60$41,170,640$6,162,899$2,931,731$26,511,653
61$45,218,012$6,312,847$2,877,910$28,913,639
62$49,673,426$6,465,354$2,817,497$31,553,605
63$54,578,353$6,620,393$2,750,120$34,455,697
64$59,978,486$6,777,934$2,675,391$37,646,527
65$65,924,178$6,937,939$2,592,902$41,155,419
66$72,470,908$7,100,362$2,502,229$45,014,690
67$79,679,812$7,265,151$2,402,925$49,259,951
68$87,618,256$7,432,247$2,294,526$53,930,448
69$96,360,471$7,601,580$2,176,545$59,069,429
70$105,988,254$7,773,072$2,048,475$64,724,557
71$116,591,740$7,946,637$1,909,783$70,948,354
72$128,270,251$8,122,176$1,759,914$77,798,702
73$141,133,235$8,299,580$1,598,289$85,339,390
74$155,301,294$8,478,729$1,424,301$93,640,713
75$170,907,328$8,659,488$1,237,317$102,780,140
76$188,097,784$8,841,712$1,036,676$112,843,042
77$207,034,041$9,025,239$821,688$123,923,504
78$227,893,930$9,209,893$591,632$136,125,207
79$250,873,415$9,395,481$345,754$149,562,414
80$276,188,437$9,581,793$83,271$164,361,045
81$304,076,958$9,768,602$0$180,659,867
82$334,801,203$9,955,659$0$198,647,514
83$368,650,136$10,142,696$0$218,475,253
84$405,942,185$10,329,424$0$240,313,851
85$447,028,250$10,515,527$0$264,368,155
86$492,295,012$10,700,669$0$290,863,904
87$542,168,585$10,884,483$0$320,049,856
88$597,118,536$11,066,579$0$352,200,144
89$657,662,318$11,246,532$0$387,616,857
90$724,370,153$11,423,891$0$426,632,895
91$797,870,415$11,598,168$0$469,615,111
92$878,855,561$11,768,842$0$516,967,777
93$968,088,666$11,935,353$0$569,136,397
94$1,066,410,627$12,097,103$0$626,611,916
95$1,174,748,102$12,253,452$0$689,935,356
96$1,294,122,252$12,403,714$0$759,702,918
97$1,425,658,386$12,547,160$0$836,571,619
98$1,570,596,578$12,683,008$0$921,265,490
99$1,730,303,379$12,810,426$0$1,014,582,415
100$1,906,284,711$12,928,524$0$1,117,401,661