Can I retire at age 30 with 2,700,000?

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 $2,700,000?

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$222,963$220,977$219,040$217,149$215,302$211,387
2 years$110,378$108,322$106,330$104,398$102,525$98,595
3 years$72,854$70,790$68,803$66,889$65,046$61,223
4 years$54,096$52,038$50,071$48,190$46,391$42,705
5 years$42,844$40,798$38,857$37,014$35,266$31,727
6 years$35,345$33,315$31,402$29,601$27,905$24,517
7 years$29,991$27,978$26,095$24,336$22,694$19,458
8 years$25,977$23,982$22,131$20,415$18,827$15,742
9 years$22,857$20,881$19,061$17,389$15,855$12,920
10 years$20,362$18,405$16,618$14,990$13,509$10,721
11 years$18,323$16,385$14,630$13,045$11,618$8,973
12 years$16,624$14,707$12,984$11,443$10,068$7,563
13 years$15,188$13,290$11,600$10,102$8,780$6,411
14 years$13,958$12,081$10,423$8,968$7,696$5,459
15 years$12,893$11,036$9,411$7,997$6,776$4,667
16 years$11,962$10,125$8,532$7,161$5,989$4,002
17 years$11,141$9,325$7,764$6,434$5,310$3,441
18 years$10,413$8,617$7,087$5,798$4,722$2,966
19 years$9,762$7,986$6,488$5,239$4,208$2,561
20 years$9,176$7,421$5,954$4,745$3,759$2,215
21 years$8,648$6,912$5,477$4,307$3,364$1,919
22 years$8,167$6,452$5,048$3,916$3,015$1,664
23 years$7,730$6,035$4,661$3,566$2,707$1,445
24 years$7,329$5,654$4,310$3,252$2,433$1,255
25 years$6,961$5,306$3,992$2,970$2,189$1,092
26 years$6,622$4,987$3,703$2,716$1,972$950
27 years$6,308$4,693$3,438$2,486$1,778$827
28 years$6,018$4,422$3,196$2,278$1,604$721
29 years$5,748$4,172$2,974$2,089$1,449$628
30 years$5,496$3,940$2,771$1,917$1,309$548
31 years$5,261$3,725$2,583$1,760$1,183$478
32 years$5,041$3,524$2,410$1,618$1,070$417
33 years$4,835$3,338$2,250$1,488$969$364
34 years$4,642$3,163$2,102$1,369$877$317
35 years$4,460$3,000$1,966$1,260$794$277
36 years$4,288$2,848$1,839$1,161$720$242
37 years$4,126$2,705$1,721$1,069$652$211
38 years$3,973$2,570$1,612$986$591$184
39 years$3,829$2,444$1,510$909$536$161
40 years$3,691$2,325$1,415$838$486$141
41 years$3,561$2,214$1,327$773$441$123
42 years$3,437$2,108$1,245$714$400$107
43 years$3,320$2,009$1,168$659$363$94
44 years$3,208$1,915$1,097$608$330$82
45 years$3,101$1,826$1,030$562$299$72
46 years$3,000$1,742$967$519$272$63
47 years$2,903$1,662$909$479$247$55
48 years$2,810$1,587$854$443$224$48
49 years$2,721$1,515$802$409$204$42
50 years$2,636$1,447$754$378$185$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,700,000, adding $5,347 every year, while hoping to spend $52,731 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: 67/27/6 Blend
29$2,700,000$2,700,000$2,700,000$2,700,000
30$2,980,915$2,837,815$2,795,965$3,177,600
31$3,228,863$2,920,763$2,833,525$3,391,643
32$3,500,335$3,006,008$2,870,575$3,618,670
33$3,797,673$3,093,606$2,907,044$3,865,431
34$4,123,460$3,183,617$2,942,854$4,133,844
35$4,480,537$3,276,098$2,977,924$4,426,019
36$4,872,035$3,371,111$3,012,168$4,744,279
37$5,301,403$3,468,715$3,045,495$5,091,181
38$5,772,437$3,568,973$3,077,810$5,469,542
39$6,289,320$3,671,948$3,109,012$5,882,462
40$6,856,661$3,777,703$3,138,994$6,333,354
41$7,479,534$3,886,305$3,167,644$6,825,977
42$8,163,531$3,997,817$3,194,844$7,364,471
43$8,914,809$4,112,308$3,220,469$7,953,394
44$9,740,153$4,229,845$3,244,388$8,597,766
45$10,647,037$4,350,497$3,266,464$9,303,117
46$11,643,696$4,474,332$3,286,551$10,075,537
47$12,739,199$4,601,420$3,304,497$10,921,735
48$13,943,541$4,731,833$3,320,142$11,849,098
49$15,267,732$4,865,643$3,333,316$12,865,767
50$16,723,901$5,002,920$3,343,842$13,980,707
51$18,325,414$5,143,738$3,351,536$15,203,795
52$20,086,995$5,288,169$3,356,201$16,545,912
53$22,024,867$5,436,288$3,357,633$18,019,045
54$24,156,906$5,588,169$3,355,616$19,636,398
55$26,502,806$5,743,885$3,349,924$21,412,522
56$29,084,267$5,903,510$3,340,322$23,363,445
57$31,925,200$6,067,120$3,326,561$25,506,826
58$35,051,950$6,234,789$3,308,380$27,862,122
59$38,493,546$6,406,590$3,285,507$30,450,772
60$42,281,972$6,582,597$3,257,656$33,296,394
61$46,452,474$6,762,885$3,224,528$36,425,014
62$51,043,885$6,947,526$3,185,809$39,865,306
63$56,098,998$7,136,591$3,141,171$43,648,866
64$61,664,965$7,330,153$3,090,269$47,810,507
65$67,793,742$7,528,282$3,032,744$52,388,588
66$74,542,582$7,731,045$2,968,219$57,425,378
67$81,974,570$7,938,512$2,896,299$62,967,450
68$90,159,224$8,150,746$2,816,572$69,066,126
69$99,173,144$8,367,812$2,728,607$75,777,954
70$109,100,741$8,589,771$2,631,952$83,165,248
71$120,035,030$8,816,683$2,526,135$91,296,672
72$132,078,505$9,048,602$2,410,662$100,247,888
73$145,344,111$9,285,582$2,285,018$110,102,271
74$159,956,307$9,527,673$2,148,663$120,951,696
75$176,052,241$9,774,920$2,001,034$132,897,401
76$193,783,043$10,027,364$1,841,542$146,050,949
77$213,315,251$10,285,042$1,669,571$160,535,274
78$234,832,383$10,547,986$1,484,479$176,485,845
79$258,536,671$10,816,222$1,285,594$194,051,943
80$284,650,965$11,089,771$1,072,215$213,398,071
81$313,420,839$11,368,645$843,609$234,705,505
82$345,116,907$11,652,851$599,013$258,174,005
83$380,037,380$11,942,389$337,628$284,023,702
84$418,510,875$12,237,248$58,620$312,497,175
85$460,899,521$12,537,410$0$343,861,739
86$507,602,376$12,842,848$0$378,427,281
87$559,059,192$13,153,521$0$416,508,109
88$615,754,567$13,469,380$0$458,458,249
89$678,222,517$13,790,364$0$504,671,971
90$747,051,519$14,116,397$0$555,583,749
91$822,890,064$14,447,391$0$611,672,365
92$906,452,778$14,783,240$0$673,465,427
93$998,527,168$15,123,826$0$741,544,349
94$1,099,981,057$15,469,011$0$816,549,841
95$1,211,770,772$15,818,640$0$899,187,954
96$1,334,950,176$16,172,538$0$990,236,746
97$1,470,680,609$16,530,508$0$1,090,553,629
98$1,620,241,861$16,892,333$0$1,201,083,458
99$1,785,044,244$17,257,770$0$1,322,867,456
100$1,966,641,907$17,626,551$0$1,457,053,039