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

Use the below retirement simulation to view the chances of a successful retirement.
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%19.9%
1 years$222,138$220,159$218,229$216,344$214,504$205,994
2 years$109,969$107,921$105,936$104,012$102,145$93,676
3 years$72,585$70,528$68,548$66,641$64,805$56,645
4 years$53,896$51,845$49,885$48,011$46,219$38,430
5 years$42,686$40,647$38,713$36,877$35,135$27,736
6 years$35,215$33,192$31,286$29,491$27,801$20,797
7 years$29,880$27,874$25,999$24,246$22,610$15,998
8 years$25,881$23,893$22,049$20,340$18,757$12,531
9 years$22,773$20,803$18,991$17,325$15,796$9,947
10 years$20,287$18,337$16,557$14,934$13,459$7,975
11 years$18,255$16,325$14,576$12,997$11,575$6,443
12 years$16,562$14,652$12,936$11,400$10,031$5,237
13 years$15,132$13,241$11,557$10,065$8,747$4,277
14 years$13,906$12,036$10,384$8,934$7,668$3,507
15 years$12,845$10,995$9,376$7,968$6,751$2,884
16 years$11,918$10,088$8,500$7,134$5,967$2,377
17 years$11,100$9,290$7,735$6,410$5,291$1,964
18 years$10,374$8,585$7,061$5,777$4,704$1,625
19 years$9,726$7,956$6,464$5,220$4,193$1,346
20 years$9,142$7,393$5,932$4,728$3,745$1,117
21 years$8,616$6,887$5,457$4,291$3,352$927
22 years$8,137$6,428$5,029$3,901$3,004$770
23 years$7,701$6,012$4,644$3,553$2,697$641
24 years$7,302$5,633$4,295$3,240$2,424$533
25 years$6,935$5,286$3,978$2,959$2,181$444
26 years$6,597$4,968$3,689$2,706$1,965$369
27 years$6,285$4,676$3,426$2,477$1,771$307
28 years$5,995$4,406$3,185$2,269$1,598$256
29 years$5,726$4,157$2,963$2,081$1,443$213
30 years$5,476$3,925$2,760$1,910$1,304$178
31 years$5,242$3,711$2,573$1,754$1,179$148
32 years$5,023$3,511$2,401$1,612$1,066$124
33 years$4,817$3,325$2,242$1,482$965$103
34 years$4,625$3,152$2,095$1,364$874$86
35 years$4,443$2,989$1,958$1,256$791$72
36 years$4,272$2,837$1,832$1,156$717$60
37 years$4,111$2,695$1,715$1,065$650$50
38 years$3,959$2,561$1,606$982$589$41
39 years$3,814$2,435$1,504$905$534$35
40 years$3,678$2,317$1,410$835$485$29
41 years$3,548$2,205$1,322$771$440$24
42 years$3,425$2,100$1,240$711$399$20
43 years$3,308$2,001$1,164$656$362$17
44 years$3,196$1,908$1,092$606$329$14
45 years$3,090$1,819$1,026$560$298$12
46 years$2,989$1,735$963$517$271$10
47 years$2,892$1,656$905$478$246$8
48 years$2,799$1,581$851$441$223$7
49 years$2,711$1,510$799$408$203$6
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 $6,090 every year, while hoping to spend $47,762 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: 61/17/22 Blend
29$2,690,000$2,690,000$2,690,000$2,690,000
30$2,970,662$2,828,092$2,786,397$3,134,325
31$3,222,851$2,915,850$2,828,923$3,333,620
32$3,499,163$3,006,307$2,871,272$3,545,248
33$3,802,007$3,099,546$2,913,390$3,775,158
34$4,134,038$3,195,650$2,955,215$4,025,136
35$4,498,179$3,294,707$2,996,684$4,297,150
36$4,897,651$3,396,805$3,037,730$4,593,364
37$5,335,999$3,502,036$3,078,282$4,916,162
38$5,817,131$3,610,496$3,118,264$5,268,171
39$6,345,349$3,722,281$3,157,597$5,652,283
40$6,925,394$3,837,492$3,196,196$6,071,682
41$7,562,488$3,956,232$3,233,972$6,529,878
42$8,262,382$4,078,608$3,270,830$7,030,735
43$9,031,414$4,204,729$3,306,672$7,578,509
44$9,876,564$4,334,706$3,341,391$8,177,890
45$10,805,524$4,468,658$3,374,879$8,834,044
46$11,826,767$4,606,701$3,407,016$9,552,661
47$12,949,627$4,748,960$3,437,682$10,340,010
48$14,184,390$4,895,560$3,466,745$11,202,999
49$15,542,387$5,046,631$3,494,070$12,149,236
50$17,036,102$5,202,308$3,519,513$13,187,106
51$18,679,290$5,362,726$3,542,922$14,325,844
52$20,487,107$5,528,029$3,564,139$15,575,629
53$22,476,250$5,698,361$3,582,997$16,947,674
54$24,665,119$5,873,873$3,599,319$18,454,332
55$27,073,987$6,054,717$3,612,921$20,109,218
56$29,725,188$6,241,054$3,623,609$21,927,331
57$32,643,337$6,433,045$3,631,179$23,925,199
58$35,855,551$6,630,858$3,635,418$26,121,033
59$39,391,713$6,834,666$3,636,100$28,534,900
60$43,284,749$7,044,645$3,632,990$31,188,912
61$47,570,940$7,260,979$3,625,841$34,107,435
62$52,290,262$7,483,854$3,614,394$37,317,317
63$57,486,770$7,713,463$3,598,377$40,848,144
64$63,209,002$7,950,004$3,577,504$44,732,516
65$69,510,447$8,193,682$3,551,477$49,006,358
66$76,450,045$8,444,704$3,519,984$53,709,256
67$84,092,741$8,703,287$3,482,696$58,884,834
68$92,510,104$8,969,651$3,439,269$64,581,162
69$101,780,995$9,244,024$3,389,345$70,851,210
70$111,992,315$9,526,640$3,332,546$77,753,354
71$123,239,823$9,817,738$3,268,479$85,351,916
72$135,629,043$10,117,564$3,196,731$93,717,784
73$149,276,254$10,426,374$3,116,870$102,929,069
74$164,309,592$10,744,426$3,028,445$113,071,851
75$180,870,255$11,071,988$2,930,983$124,240,987
76$199,113,841$11,409,334$2,823,990$136,541,011
77$219,211,809$11,756,748$2,706,950$150,087,113
78$241,353,102$12,114,518$2,579,322$165,006,236
79$265,745,931$12,482,942$2,440,542$181,438,266
80$292,619,736$12,862,325$2,290,019$199,537,358
81$322,227,351$13,252,982$2,127,137$219,473,391
82$354,847,396$13,655,233$1,951,251$241,433,567
83$390,786,900$14,069,409$1,761,688$265,624,187
84$430,384,203$14,495,850$1,557,744$292,272,588
85$474,012,149$14,934,903$1,338,685$321,629,300
86$522,081,600$15,386,925$1,103,743$353,970,403
87$575,045,322$15,852,283$852,117$389,600,138
88$633,402,253$16,331,353$582,971$428,853,779
89$697,702,213$16,824,520$295,431$472,100,798
90$768,551,097$17,332,180$0$519,748,352
91$846,616,590$17,854,737$0$572,247,811
92$932,634,471$18,392,608$0$630,165,131
93$1,027,415,560$18,946,219$0$693,976,014
94$1,131,853,370$19,516,007$0$764,281,172
95$1,246,932,541$20,102,419$0$841,742,580
96$1,373,738,137$20,705,914$0$927,089,717
97$1,513,465,886$21,326,962$0$1,021,126,460
98$1,667,433,468$21,966,046$0$1,124,738,664
99$1,837,092,957$22,623,657$0$1,238,902,526
100$2,024,044,524$23,300,302$0$1,364,693,803