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%12.7%
1 years$222,963$220,977$219,040$217,149$215,302$212,876
2 years$110,378$108,322$106,330$104,398$102,525$100,083
3 years$72,854$70,790$68,803$66,889$65,046$62,664
4 years$54,096$52,038$50,071$48,190$46,391$44,087
5 years$42,844$40,798$38,857$37,014$35,266$33,046
6 years$35,345$33,315$31,402$29,601$27,905$25,772
7 years$29,991$27,978$26,095$24,336$22,694$20,650
8 years$25,977$23,982$22,131$20,415$18,827$16,871
9 years$22,857$20,881$19,061$17,389$15,855$13,986
10 years$20,362$18,405$16,618$14,990$13,509$11,726
11 years$18,323$16,385$14,630$13,045$11,618$9,920
12 years$16,624$14,707$12,984$11,443$10,068$8,453
13 years$15,188$13,290$11,600$10,102$8,780$7,245
14 years$13,958$12,081$10,423$8,968$7,696$6,240
15 years$12,893$11,036$9,411$7,997$6,776$5,396
16 years$11,962$10,125$8,532$7,161$5,989$4,683
17 years$11,141$9,325$7,764$6,434$5,310$4,076
18 years$10,413$8,617$7,087$5,798$4,722$3,556
19 years$9,762$7,986$6,488$5,239$4,208$3,109
20 years$9,176$7,421$5,954$4,745$3,759$2,724
21 years$8,648$6,912$5,477$4,307$3,364$2,390
22 years$8,167$6,452$5,048$3,916$3,015$2,099
23 years$7,730$6,035$4,661$3,566$2,707$1,847
24 years$7,329$5,654$4,310$3,252$2,433$1,626
25 years$6,961$5,306$3,992$2,970$2,189$1,433
26 years$6,622$4,987$3,703$2,716$1,972$1,264
27 years$6,308$4,693$3,438$2,486$1,778$1,116
28 years$6,018$4,422$3,196$2,278$1,604$985
29 years$5,748$4,172$2,974$2,089$1,449$871
30 years$5,496$3,940$2,771$1,917$1,309$770
31 years$5,261$3,725$2,583$1,760$1,183$681
32 years$5,041$3,524$2,410$1,618$1,070$602
33 years$4,835$3,338$2,250$1,488$969$533
34 years$4,642$3,163$2,102$1,369$877$472
35 years$4,460$3,000$1,966$1,260$794$418
36 years$4,288$2,848$1,839$1,161$720$370
37 years$4,126$2,705$1,721$1,069$652$328
38 years$3,973$2,570$1,612$986$591$291
39 years$3,829$2,444$1,510$909$536$258
40 years$3,691$2,325$1,415$838$486$228
41 years$3,561$2,214$1,327$773$441$202
42 years$3,437$2,108$1,245$714$400$179
43 years$3,320$2,009$1,168$659$363$159
44 years$3,208$1,915$1,097$608$330$141
45 years$3,101$1,826$1,030$562$299$125
46 years$3,000$1,742$967$519$272$111
47 years$2,903$1,662$909$479$247$98
48 years$2,810$1,587$854$443$224$87
49 years$2,721$1,515$802$409$204$77
50 years$2,636$1,447$754$378$185$69

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 $2,885 every year, while hoping to spend $51,558 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: 41/41/18 Blend
29$2,700,000$2,700,000$2,700,000$2,700,000
30$2,978,376$2,835,276$2,793,426$3,084,572
31$3,227,313$2,919,347$2,832,148$3,244,338
32$3,499,914$3,005,810$2,870,440$3,411,932
33$3,798,537$3,094,727$2,908,232$3,592,250
34$4,125,781$3,186,162$2,945,451$3,786,480
35$4,484,508$3,280,181$2,982,021$3,995,928
36$4,877,869$3,376,851$3,017,860$4,222,033
37$5,309,335$3,476,240$3,052,881$4,466,376
38$5,782,728$3,578,417$3,086,994$4,730,698
39$6,302,261$3,683,454$3,120,103$5,016,914
40$6,872,572$3,791,423$3,152,107$5,327,132
41$7,498,770$3,902,399$3,182,898$5,663,674
42$8,186,484$4,016,456$3,212,364$6,029,093
43$8,941,914$4,133,671$3,240,387$6,426,203
44$9,771,891$4,254,122$3,266,842$6,858,100
45$10,683,939$4,377,890$3,291,597$7,328,193
46$11,686,349$4,505,054$3,314,513$7,840,239
47$12,788,253$4,635,698$3,335,446$8,398,371
48$13,999,713$4,769,906$3,354,241$9,007,143
49$15,331,814$4,907,761$3,370,739$9,671,571
50$16,796,770$5,049,352$3,384,769$10,397,180
51$18,408,036$5,194,766$3,396,154$11,190,052
52$20,180,438$5,344,092$3,404,708$12,056,892
53$22,130,311$5,497,421$3,410,234$13,005,082
54$24,275,652$5,654,843$3,412,526$14,042,755
55$26,636,291$5,816,454$3,411,368$15,178,870
56$29,234,078$5,982,345$3,406,534$16,423,298
57$32,093,087$6,152,613$3,397,787$17,786,914
58$35,239,845$6,327,354$3,384,875$19,281,697
59$38,703,580$6,506,665$3,367,539$20,920,848
60$42,516,497$6,690,645$3,345,505$22,718,909
61$46,714,085$6,879,391$3,318,484$24,691,903
62$51,335,445$7,073,005$3,286,177$26,857,485
63$56,423,665$7,271,586$3,248,268$29,235,107
64$62,026,221$7,475,236$3,204,427$31,846,202
65$68,195,429$7,684,056$3,154,308$34,714,388
66$74,988,936$7,898,148$3,097,551$37,865,688
67$82,470,264$8,117,614$3,033,776$41,328,775
68$90,709,410$8,342,556$2,962,586$45,135,247
69$99,783,505$8,573,077$2,883,568$49,319,919
70$109,777,542$8,809,277$2,796,288$53,921,157
71$120,785,179$9,051,260$2,700,291$58,981,238
72$132,909,621$9,299,124$2,595,104$64,546,745
73$146,264,592$9,552,972$2,480,230$70,669,014
74$160,975,414$9,812,901$2,355,151$77,404,613
75$177,180,182$10,079,009$2,219,325$84,815,880
76$195,031,073$10,351,392$2,072,184$92,971,506
77$214,695,777$10,630,146$1,913,137$101,947,188
78$236,359,085$10,915,361$1,741,566$111,826,344
79$260,224,627$11,207,129$1,556,824$122,700,896
80$286,516,797$11,505,537$1,358,236$134,672,144
81$315,482,870$11,810,668$1,145,096$147,851,715
82$347,395,336$12,122,603$916,669$162,362,624
83$382,554,469$12,441,419$672,187$178,340,433
84$421,291,165$12,767,189$410,845$195,934,529
85$463,970,062$13,099,980$131,807$215,309,537
86$510,992,984$13,439,854$0$236,646,872
87$562,802,730$13,786,869$0$260,178,334
88$619,887,257$14,141,074$0$286,121,446
89$682,784,282$14,502,512$0$314,693,836
90$752,086,363$14,871,219$0$346,163,246
91$828,446,486$15,247,223$0$380,824,721
92$912,584,232$15,630,541$0$419,003,386
93$1,005,292,568$16,021,182$0$461,057,524
94$1,107,445,334$16,419,144$0$507,381,951
95$1,220,005,490$16,824,413$0$558,411,742
96$1,344,034,204$17,236,964$0$614,626,345
97$1,480,700,874$17,656,756$0$676,554,096
98$1,631,294,162$18,083,736$0$744,777,215
99$1,797,234,162$18,517,835$0$819,937,298
100$1,980,085,805$18,958,967$0$902,741,372