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

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 $2,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$222,963$220,977$219,040$217,149$215,302$211,648
2 years$110,378$108,322$106,330$104,398$102,525$98,855
3 years$72,854$70,790$68,803$66,889$65,046$61,474
4 years$54,096$52,038$50,071$48,190$46,391$42,945
5 years$42,844$40,798$38,857$37,014$35,266$31,955
6 years$35,345$33,315$31,402$29,601$27,905$24,734
7 years$29,991$27,978$26,095$24,336$22,694$19,663
8 years$25,977$23,982$22,131$20,415$18,827$15,936
9 years$22,857$20,881$19,061$17,389$15,855$13,102
10 years$20,362$18,405$16,618$14,990$13,509$10,892
11 years$18,323$16,385$14,630$13,045$11,618$9,134
12 years$16,624$14,707$12,984$11,443$10,068$7,713
13 years$15,188$13,290$11,600$10,102$8,780$6,551
14 years$13,958$12,081$10,423$8,968$7,696$5,590
15 years$12,893$11,036$9,411$7,997$6,776$4,788
16 years$11,962$10,125$8,532$7,161$5,989$4,115
17 years$11,141$9,325$7,764$6,434$5,310$3,546
18 years$10,413$8,617$7,087$5,798$4,722$3,063
19 years$9,762$7,986$6,488$5,239$4,208$2,651
20 years$9,176$7,421$5,954$4,745$3,759$2,298
21 years$8,648$6,912$5,477$4,307$3,364$1,995
22 years$8,167$6,452$5,048$3,916$3,015$1,734
23 years$7,730$6,035$4,661$3,566$2,707$1,509
24 years$7,329$5,654$4,310$3,252$2,433$1,314
25 years$6,961$5,306$3,992$2,970$2,189$1,146
26 years$6,622$4,987$3,703$2,716$1,972$999
27 years$6,308$4,693$3,438$2,486$1,778$872
28 years$6,018$4,422$3,196$2,278$1,604$762
29 years$5,748$4,172$2,974$2,089$1,449$665
30 years$5,496$3,940$2,771$1,917$1,309$582
31 years$5,261$3,725$2,583$1,760$1,183$509
32 years$5,041$3,524$2,410$1,618$1,070$445
33 years$4,835$3,338$2,250$1,488$969$389
34 years$4,642$3,163$2,102$1,369$877$340
35 years$4,460$3,000$1,966$1,260$794$298
36 years$4,288$2,848$1,839$1,161$720$261
37 years$4,126$2,705$1,721$1,069$652$228
38 years$3,973$2,570$1,612$986$591$200
39 years$3,829$2,444$1,510$909$536$175
40 years$3,691$2,325$1,415$838$486$153
41 years$3,561$2,214$1,327$773$441$134
42 years$3,437$2,108$1,245$714$400$118
43 years$3,320$2,009$1,168$659$363$103
44 years$3,208$1,915$1,097$608$330$90
45 years$3,101$1,826$1,030$562$299$79
46 years$3,000$1,742$967$519$272$69
47 years$2,903$1,662$909$479$247$61
48 years$2,810$1,587$854$443$224$53
49 years$2,721$1,515$802$409$204$47
50 years$2,636$1,447$754$378$185$41

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 $4,658 every year, while hoping to spend $22,820 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: 57/30/13 Blend
29$2,700,000$2,700,000$2,700,000$2,700,000
30$2,980,205$2,837,105$2,795,255$3,140,008
31$3,259,905$2,951,843$2,864,615$3,363,371
32$3,567,371$3,071,438$2,935,535$3,603,727
33$3,905,408$3,196,104$3,008,041$3,865,097
34$4,277,112$3,326,065$3,082,163$4,149,499
35$4,685,890$3,461,555$3,157,928$4,459,152
36$5,135,498$3,602,818$3,235,366$4,796,495
37$5,630,073$3,750,110$3,314,504$5,164,211
38$6,174,173$3,903,698$3,395,373$5,565,253
39$6,772,820$4,063,862$3,478,000$6,002,866
40$7,431,550$4,230,893$3,562,415$6,480,622
41$8,156,459$4,405,098$3,648,647$7,002,452
42$8,954,266$4,586,796$3,736,724$7,572,681
43$9,832,373$4,776,321$3,826,677$8,196,068
44$10,798,938$4,974,023$3,918,533$8,877,850
45$11,862,948$5,180,268$4,012,322$9,623,791
46$13,034,306$5,395,439$4,108,072$10,440,238
47$14,323,924$5,619,935$4,205,812$11,334,174
48$15,743,828$5,854,175$4,305,570$12,313,287
49$17,307,265$6,098,596$4,407,374$13,386,042
50$19,028,837$6,353,658$4,511,251$14,561,758
51$20,924,631$6,619,840$4,617,230$15,850,694
52$23,012,373$6,897,642$4,725,337$17,264,147
53$25,311,598$7,187,589$4,835,599$18,814,556
54$27,843,830$7,490,230$4,948,041$20,515,618
55$30,632,790$7,806,140$5,062,689$22,382,416
56$33,704,613$8,135,920$5,179,568$24,431,561
57$37,088,102$8,480,198$5,298,702$26,681,344
58$40,814,993$8,839,633$5,420,114$29,151,912
59$44,920,261$9,214,913$5,543,826$31,865,453
60$49,442,443$9,606,760$5,669,859$34,846,405
61$54,424,008$10,015,926$5,798,235$38,121,682
62$59,911,752$10,443,203$5,928,972$41,720,933
63$65,957,247$10,889,415$6,062,088$45,676,813
64$72,617,318$11,355,429$6,197,600$50,025,290
65$79,954,589$11,842,149$6,335,524$54,805,989
66$88,038,066$12,350,523$6,475,873$60,062,556
67$96,943,792$12,881,543$6,618,658$65,843,069
68$106,755,567$13,436,246$6,763,891$72,200,496
69$117,565,733$14,015,721$6,911,580$79,193,183
70$129,476,051$14,621,104$7,061,732$86,885,410
71$142,598,658$15,253,588$7,214,349$95,347,990
72$157,057,126$15,914,419$7,369,435$104,658,936
73$172,987,631$16,604,903$7,526,988$114,904,197
74$190,540,233$17,326,406$7,687,006$126,178,462
75$209,880,298$18,080,362$7,849,482$138,586,054
76$231,190,056$18,868,267$8,014,407$152,241,908
77$254,670,321$19,691,692$8,181,769$167,272,658
78$280,542,388$20,552,279$8,351,553$183,817,822
79$309,050,120$21,451,749$8,523,739$202,031,120
80$340,462,252$22,391,905$8,698,303$222,081,919
81$375,074,925$23,374,631$8,875,220$244,156,827
82$413,214,485$24,401,906$9,054,458$268,461,454
83$455,240,561$25,475,798$9,235,980$295,222,342
84$501,549,459$26,598,473$9,419,747$324,689,106
85$552,577,908$27,772,202$9,605,712$357,136,779
86$608,807,176$28,999,361$9,793,825$392,868,407
87$670,767,618$30,282,440$9,984,028$432,217,904
88$739,043,682$31,624,047$10,176,260$475,553,197
89$814,279,425$33,026,912$10,370,452$523,279,695
90$897,184,591$34,493,896$10,566,527$575,844,106
91$988,541,318$36,027,995$10,764,404$633,738,655
92$1,089,211,513$37,632,347$10,963,992$697,505,717
93$1,200,144,996$39,310,241$11,165,195$767,742,932
94$1,322,388,463$41,065,120$11,367,906$845,108,843
95$1,457,095,366$42,900,591$11,572,011$930,329,099
96$1,605,536,807$44,820,434$11,777,387$1,024,203,303
97$1,769,113,533$46,828,607$11,983,901$1,127,612,549
98$1,949,369,162$48,929,257$12,191,411$1,241,527,732
99$2,148,004,756$51,126,730$12,399,762$1,367,018,703
100$2,366,894,878$53,425,577$12,608,791$1,505,264,362