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%19.5%
1 years$222,138$220,159$218,229$216,344$214,504$206,320
2 years$109,969$107,921$105,936$104,012$102,145$93,995
3 years$72,585$70,528$68,548$66,641$64,805$56,947
4 years$53,896$51,845$49,885$48,011$46,219$38,713
5 years$42,686$40,647$38,713$36,877$35,135$27,999
6 years$35,215$33,192$31,286$29,491$27,801$21,041
7 years$29,880$27,874$25,999$24,246$22,610$16,223
8 years$25,881$23,893$22,049$20,340$18,757$12,738
9 years$22,773$20,803$18,991$17,325$15,796$10,135
10 years$20,287$18,337$16,557$14,934$13,459$8,147
11 years$18,255$16,325$14,576$12,997$11,575$6,599
12 years$16,562$14,652$12,936$11,400$10,031$5,378
13 years$15,132$13,241$11,557$10,065$8,747$4,405
14 years$13,906$12,036$10,384$8,934$7,668$3,621
15 years$12,845$10,995$9,376$7,968$6,751$2,986
16 years$11,918$10,088$8,500$7,134$5,967$2,469
17 years$11,100$9,290$7,735$6,410$5,291$2,046
18 years$10,374$8,585$7,061$5,777$4,704$1,698
19 years$9,726$7,956$6,464$5,220$4,193$1,411
20 years$9,142$7,393$5,932$4,728$3,745$1,174
21 years$8,616$6,887$5,457$4,291$3,352$978
22 years$8,137$6,428$5,029$3,901$3,004$815
23 years$7,701$6,012$4,644$3,553$2,697$680
24 years$7,302$5,633$4,295$3,240$2,424$567
25 years$6,935$5,286$3,978$2,959$2,181$474
26 years$6,597$4,968$3,689$2,706$1,965$396
27 years$6,285$4,676$3,426$2,477$1,771$331
28 years$5,995$4,406$3,185$2,269$1,598$276
29 years$5,726$4,157$2,963$2,081$1,443$231
30 years$5,476$3,925$2,760$1,910$1,304$193
31 years$5,242$3,711$2,573$1,754$1,179$161
32 years$5,023$3,511$2,401$1,612$1,066$135
33 years$4,817$3,325$2,242$1,482$965$113
34 years$4,625$3,152$2,095$1,364$874$94
35 years$4,443$2,989$1,958$1,256$791$79
36 years$4,272$2,837$1,832$1,156$717$66
37 years$4,111$2,695$1,715$1,065$650$55
38 years$3,959$2,561$1,606$982$589$46
39 years$3,814$2,435$1,504$905$534$39
40 years$3,678$2,317$1,410$835$485$32
41 years$3,548$2,205$1,322$771$440$27
42 years$3,425$2,100$1,240$711$399$23
43 years$3,308$2,001$1,164$656$362$19
44 years$3,196$1,908$1,092$606$329$16
45 years$3,090$1,819$1,026$560$298$13
46 years$2,989$1,735$963$517$271$11
47 years$2,892$1,656$905$478$246$9
48 years$2,799$1,581$851$441$223$8
49 years$2,711$1,510$799$408$203$7
50 years$2,626$1,442$752$377$184$5

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 $2,688 every year, while hoping to spend $36,213 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: 53/18/29 Blend
29$2,690,000$2,690,000$2,690,000$2,690,000
30$2,967,153$2,824,583$2,782,888$3,100,205
31$3,231,272$2,924,457$2,837,584$3,292,716
32$3,521,118$3,028,011$2,892,899$3,498,223
33$3,839,276$3,135,388$2,948,815$3,721,171
34$4,188,594$3,246,734$3,005,313$3,963,246
35$4,572,212$3,362,205$3,062,372$4,226,303
36$4,993,584$3,481,960$3,119,968$4,512,383
37$5,456,518$3,606,165$3,178,076$4,823,736
38$5,965,211$3,734,994$3,236,669$5,162,836
39$6,524,282$3,868,628$3,295,717$5,532,407
40$7,138,822$4,007,255$3,355,187$5,935,448
41$7,814,441$4,151,070$3,415,045$6,375,262
42$8,557,319$4,300,277$3,475,253$6,855,486
43$9,374,262$4,455,087$3,535,772$7,380,123
44$10,272,773$4,615,723$3,596,556$7,953,585
45$11,261,116$4,782,413$3,657,561$8,580,726
46$12,348,396$4,955,398$3,718,735$9,266,897
47$13,544,646$5,134,926$3,780,026$10,017,987
48$14,860,920$5,321,257$3,841,377$10,840,486
49$16,309,397$5,514,662$3,902,727$11,741,539
50$17,903,499$5,715,423$3,964,011$12,729,019
51$19,658,010$5,923,834$4,025,160$13,811,598
52$21,589,225$6,140,200$4,086,101$14,998,826
53$23,715,096$6,364,839$4,146,755$16,301,227
54$26,055,405$6,598,085$4,207,040$17,730,391
55$28,631,948$6,840,283$4,266,868$19,299,090
56$31,468,743$7,091,794$4,326,145$21,021,391
57$34,592,257$7,352,993$4,384,772$22,912,793
58$38,031,650$7,624,273$4,442,645$24,990,370
59$41,819,057$7,906,042$4,499,653$27,272,937
60$45,989,888$8,198,725$4,555,678$29,781,218
61$50,583,160$8,502,765$4,610,597$32,538,050
62$55,641,868$8,818,627$4,664,278$35,568,592
63$61,213,390$9,146,791$4,716,582$38,900,566
64$67,349,933$9,487,761$4,767,365$42,564,515
65$74,109,026$9,842,060$4,816,471$46,594,093
66$81,554,062$10,210,237$4,863,739$51,026,380
67$89,754,898$10,592,861$4,908,996$55,902,232
68$98,788,513$10,990,526$4,952,062$61,266,669
69$108,739,733$11,403,853$4,992,748$67,169,295
70$119,702,033$11,833,490$5,030,852$73,664,767
71$131,778,419$12,280,110$5,066,165$80,813,311
72$145,082,401$12,744,418$5,098,464$88,681,290
73$159,739,060$13,227,148$5,127,517$97,341,829
74$175,886,233$13,729,067$5,153,078$106,875,505
75$193,675,812$14,250,975$5,174,889$117,371,104
76$213,275,178$14,793,706$5,192,681$128,926,465
77$234,868,778$15,358,129$5,206,168$141,649,396
78$258,659,871$15,945,155$5,215,052$155,658,694
79$284,872,441$16,555,732$5,219,020$171,085,264
80$313,753,316$17,190,848$5,217,742$188,073,358
81$345,574,492$17,851,537$5,210,874$206,781,930
82$380,635,705$18,538,878$5,198,054$227,386,139
83$419,267,260$19,253,996$5,178,902$250,079,002
84$461,833,145$19,998,066$5,153,019$275,073,212
85$508,734,470$20,772,315$5,119,989$302,603,150
86$560,413,251$21,578,024$5,079,375$332,927,091
87$617,356,587$22,416,531$5,030,717$366,329,644
88$680,101,249$23,289,232$4,973,537$403,124,437
89$749,238,758$24,197,585$4,907,332$443,657,079
90$825,420,958$25,143,114$4,831,574$488,308,417
91$909,366,178$26,127,409$4,745,715$537,498,132
92$1,001,866,008$27,152,131$4,649,175$591,688,703
93$1,103,792,771$28,219,016$4,541,353$651,389,766
94$1,216,107,761$29,329,876$4,421,616$717,162,928
95$1,339,870,317$30,486,604$4,289,304$789,627,065
96$1,476,247,820$31,691,177$4,143,726$869,464,166
97$1,626,526,715$32,945,663$3,984,159$957,425,767
98$1,792,124,660$34,252,220$3,809,848$1,054,340,045
99$1,974,603,899$35,613,103$3,620,002$1,161,119,635
100$2,175,686,020$37,030,669$3,413,796$1,278,770,247