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%14.4%
1 years$222,138$220,159$218,229$216,344$214,504$210,604
2 years$109,969$107,921$105,936$104,012$102,145$98,230
3 years$72,585$70,528$68,548$66,641$64,805$60,996
4 years$53,896$51,845$49,885$48,011$46,219$42,547
5 years$42,686$40,647$38,713$36,877$35,135$31,609
6 years$35,215$33,192$31,286$29,491$27,801$24,426
7 years$29,880$27,874$25,999$24,246$22,610$19,386
8 years$25,881$23,893$22,049$20,340$18,757$15,684
9 years$22,773$20,803$18,991$17,325$15,796$12,872
10 years$20,287$18,337$16,557$14,934$13,459$10,681
11 years$18,255$16,325$14,576$12,997$11,575$8,940
12 years$16,562$14,652$12,936$11,400$10,031$7,535
13 years$15,132$13,241$11,557$10,065$8,747$6,387
14 years$13,906$12,036$10,384$8,934$7,668$5,439
15 years$12,845$10,995$9,376$7,968$6,751$4,649
16 years$11,918$10,088$8,500$7,134$5,967$3,987
17 years$11,100$9,290$7,735$6,410$5,291$3,428
18 years$10,374$8,585$7,061$5,777$4,704$2,955
19 years$9,726$7,956$6,464$5,220$4,193$2,552
20 years$9,142$7,393$5,932$4,728$3,745$2,207
21 years$8,616$6,887$5,457$4,291$3,352$1,912
22 years$8,137$6,428$5,029$3,901$3,004$1,658
23 years$7,701$6,012$4,644$3,553$2,697$1,439
24 years$7,302$5,633$4,295$3,240$2,424$1,251
25 years$6,935$5,286$3,978$2,959$2,181$1,088
26 years$6,597$4,968$3,689$2,706$1,965$946
27 years$6,285$4,676$3,426$2,477$1,771$824
28 years$5,995$4,406$3,185$2,269$1,598$718
29 years$5,726$4,157$2,963$2,081$1,443$626
30 years$5,476$3,925$2,760$1,910$1,304$545
31 years$5,242$3,711$2,573$1,754$1,179$476
32 years$5,023$3,511$2,401$1,612$1,066$415
33 years$4,817$3,325$2,242$1,482$965$362
34 years$4,625$3,152$2,095$1,364$874$316
35 years$4,443$2,989$1,958$1,256$791$276
36 years$4,272$2,837$1,832$1,156$717$241
37 years$4,111$2,695$1,715$1,065$650$210
38 years$3,959$2,561$1,606$982$589$184
39 years$3,814$2,435$1,504$905$534$161
40 years$3,678$2,317$1,410$835$485$140
41 years$3,548$2,205$1,322$771$440$122
42 years$3,425$2,100$1,240$711$399$107
43 years$3,308$2,001$1,164$656$362$94
44 years$3,196$1,908$1,092$606$329$82
45 years$3,090$1,819$1,026$560$298$71
46 years$2,989$1,735$963$517$271$62
47 years$2,892$1,656$905$478$246$55
48 years$2,799$1,581$851$441$223$48
49 years$2,711$1,510$799$408$203$42
50 years$2,626$1,442$752$377$184$36

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 $3,118 every year, while hoping to spend $44,409 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: 62/9/29 Blend
29$2,690,000$2,690,000$2,690,000$2,690,000
30$2,967,596$2,825,026$2,783,331$3,128,248
31$3,223,040$2,916,202$2,829,322$3,329,074
32$3,503,051$3,010,356$2,875,365$3,543,193
33$3,810,088$3,107,589$2,921,415$3,776,073
34$4,146,859$3,208,003$2,967,424$4,029,561
35$4,516,346$3,311,703$3,013,342$4,305,688
36$4,921,837$3,418,800$3,059,112$4,606,695
37$5,366,950$3,529,407$3,104,677$4,935,048
38$5,855,671$3,643,640$3,149,976$5,293,462
39$6,392,393$3,761,622$3,194,944$5,684,931
40$6,981,952$3,883,477$3,239,510$6,112,750
41$7,629,679$4,009,335$3,283,602$6,580,553
42$8,341,445$4,139,331$3,327,141$7,092,339
43$9,123,717$4,273,603$3,370,045$7,652,516
44$9,983,622$4,412,295$3,412,226$8,265,941
45$10,929,009$4,555,555$3,453,594$8,937,963
46$11,968,528$4,703,537$3,494,049$9,674,478
47$13,111,708$4,856,401$3,533,490$10,481,980
48$14,369,048$5,014,310$3,571,807$11,367,627
49$15,752,114$5,177,434$3,608,887$12,339,302
50$17,273,652$5,345,951$3,644,607$13,405,694
51$18,947,704$5,520,042$3,678,841$14,576,378
52$20,789,742$5,699,896$3,711,453$15,861,900
53$22,816,812$5,885,708$3,742,304$17,273,886
54$25,047,700$6,077,680$3,771,244$18,825,142
55$27,503,100$6,276,021$3,798,115$20,529,784
56$30,205,818$6,480,948$3,822,754$22,403,363
57$33,180,981$6,692,684$3,844,986$24,463,017
58$36,456,277$6,911,462$3,864,629$26,727,631
59$40,062,215$7,137,521$3,881,492$29,218,014
60$44,032,411$7,371,110$3,895,372$31,957,098
61$48,403,909$7,612,486$3,906,059$34,970,155
62$53,217,526$7,861,916$3,913,330$38,285,030
63$58,518,238$8,119,675$3,916,951$41,932,411
64$64,355,608$8,386,049$3,916,679$45,946,113
65$70,784,248$8,661,333$3,912,255$50,363,401
66$77,864,336$8,945,833$3,903,411$55,225,340
67$85,662,187$9,239,867$3,889,863$60,577,183
68$94,250,872$9,543,763$3,871,316$66,468,800
69$103,710,914$9,857,861$3,847,459$72,955,146
70$114,131,044$10,182,513$3,817,965$80,096,781
71$125,609,039$10,518,083$3,782,495$87,960,441
72$138,252,642$10,864,951$3,740,689$96,619,673
73$152,180,584$11,223,506$3,692,176$106,155,522
74$167,523,701$11,594,156$3,636,561$116,657,301
75$184,426,168$11,977,319$3,573,435$128,223,435
76$203,046,861$12,373,431$3,502,369$140,962,385
77$223,560,855$12,782,943$3,422,912$154,993,678
78$246,161,077$13,206,322$3,334,595$170,449,035
79$271,060,128$13,644,053$3,236,925$187,473,611
80$298,492,287$14,096,638$3,129,388$206,227,367
81$328,715,723$14,564,596$3,011,445$226,886,585
82$362,014,932$15,048,466$2,882,534$249,645,524
83$398,703,422$15,548,807$2,742,065$274,718,265
84$439,126,671$16,066,199$2,589,424$302,340,721
85$483,665,389$16,601,241$2,423,968$332,772,875
86$532,739,113$17,154,556$2,245,025$366,301,227
87$586,810,162$17,726,788$2,051,893$403,241,504
88$646,388,005$18,318,608$1,843,838$443,941,640
89$712,034,069$18,930,707$1,620,094$488,785,061
90$784,367,038$19,563,806$1,379,861$538,194,304
91$864,068,693$20,218,649$1,122,304$592,635,010
92$951,890,348$20,896,011$846,549$652,620,320
93$1,048,659,941$21,596,693$551,685$718,715,716
94$1,155,289,851$22,321,526$236,763$791,544,368
95$1,272,785,509$23,071,375$0$871,793,010
96$1,402,254,891$23,847,133$0$960,249,163
97$1,544,918,976$24,649,728$0$1,057,796,261
98$1,702,123,272$25,480,125$0$1,165,280,359
99$1,875,350,516$26,339,322$0$1,283,714,615
100$2,066,234,675$27,228,355$0$1,414,215,514