Can I retire at age 30 with 2,730,000?

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 $2,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$225,441$223,433$221,474$219,561$217,694$210,389
2 years$111,604$109,526$107,511$105,558$103,664$96,376
3 years$73,664$71,576$69,567$67,632$65,769$58,727
4 years$54,697$52,616$50,627$48,725$46,907$40,165
5 years$43,320$41,252$39,289$37,426$35,658$29,234
6 years$35,738$33,685$31,751$29,930$28,215$22,114
7 years$30,324$28,289$26,385$24,607$22,946$17,168
8 years$26,266$24,249$22,377$20,642$19,036$13,576
9 years$23,111$21,113$19,273$17,582$16,031$10,882
10 years$20,589$18,610$16,803$15,156$13,659$8,813
11 years$18,526$16,567$14,793$13,190$11,747$7,195
12 years$16,809$14,870$13,128$11,570$10,180$5,911
13 years$15,357$13,438$11,729$10,214$8,877$4,881
14 years$14,113$12,215$10,539$9,067$7,782$4,047
15 years$13,036$11,158$9,515$8,086$6,852$3,366
16 years$12,095$10,238$8,627$7,240$6,056$2,807
17 years$11,265$9,429$7,850$6,505$5,369$2,347
18 years$10,529$8,712$7,166$5,863$4,774$1,965
19 years$9,870$8,075$6,560$5,297$4,255$1,648
20 years$9,278$7,503$6,021$4,798$3,801$1,384
21 years$8,744$6,989$5,538$4,354$3,401$1,163
22 years$8,258$6,524$5,104$3,959$3,049$979
23 years$7,816$6,102$4,713$3,606$2,737$824
24 years$7,410$5,717$4,358$3,289$2,460$694
25 years$7,038$5,365$4,037$3,003$2,214$585
26 years$6,695$5,042$3,744$2,746$1,994$494
27 years$6,378$4,745$3,477$2,514$1,798$416
28 years$6,085$4,472$3,232$2,303$1,622$351
29 years$5,811$4,218$3,008$2,112$1,465$297
30 years$5,557$3,984$2,801$1,938$1,323$250
31 years$5,320$3,766$2,612$1,780$1,196$212
32 years$5,097$3,563$2,437$1,636$1,082$179
33 years$4,889$3,375$2,275$1,504$979$151
34 years$4,693$3,198$2,126$1,384$887$127
35 years$4,509$3,034$1,987$1,274$803$108
36 years$4,336$2,879$1,859$1,173$728$91
37 years$4,172$2,735$1,740$1,081$660$77
38 years$4,017$2,599$1,630$997$598$65
39 years$3,871$2,471$1,527$919$542$55
40 years$3,732$2,351$1,431$848$492$46
41 years$3,601$2,238$1,342$782$446$39
42 years$3,476$2,132$1,259$722$405$33
43 years$3,357$2,031$1,181$666$367$28
44 years$3,244$1,936$1,109$615$334$24
45 years$3,136$1,846$1,041$568$303$20
46 years$3,033$1,761$978$525$275$17
47 years$2,935$1,681$919$485$250$14
48 years$2,841$1,604$863$448$227$12
49 years$2,751$1,532$811$414$206$10
50 years$2,665$1,464$763$383$187$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,730,000, adding $3,084 every year, while hoping to spend $22,290 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: 33/49/18 Blend
29$2,730,000$2,730,000$2,730,000$2,730,000
30$3,011,641$2,866,951$2,824,636$3,094,119
31$3,295,112$2,983,715$2,895,545$3,272,129
32$3,606,750$3,105,454$2,968,082$3,461,576
33$3,949,405$3,232,387$3,042,279$3,665,282
34$4,326,215$3,364,745$3,118,167$3,884,515
35$4,740,640$3,502,769$3,195,776$4,120,660
36$5,196,491$3,646,710$3,275,140$4,375,240
37$5,697,966$3,796,832$3,356,290$4,649,922
38$6,249,692$3,953,410$3,439,259$4,946,537
39$6,856,765$4,116,732$3,524,080$5,267,093
40$7,524,803$4,287,099$3,610,784$5,613,793
41$8,259,992$4,464,827$3,699,405$5,989,055
42$9,069,153$4,650,245$3,789,976$6,395,535
43$9,959,797$4,843,697$3,882,531$6,836,148
44$10,940,203$5,045,545$3,977,102$7,314,096
45$12,019,492$5,256,165$4,073,724$7,832,897
46$13,207,715$5,475,952$4,172,428$8,396,415
47$14,515,948$5,705,320$4,273,250$9,008,895
48$15,956,393$5,944,699$4,376,223$9,675,005
49$17,542,498$6,194,542$4,481,379$10,399,873
50$19,289,080$6,455,322$4,588,753$11,189,136
51$21,212,467$6,727,533$4,698,376$12,048,993
52$23,330,650$7,011,694$4,810,283$12,986,259
53$25,663,455$7,308,345$4,924,507$14,008,429
54$28,232,728$7,618,055$5,041,078$15,123,745
55$31,062,542$7,941,415$5,160,030$16,341,271
56$34,179,424$8,279,048$5,281,394$17,670,981
57$37,612,607$8,631,602$5,405,202$19,123,844
58$41,394,301$8,999,759$5,531,484$20,711,930
59$45,560,001$9,384,229$5,660,271$22,448,518
60$50,148,823$9,785,758$5,791,592$24,348,222
61$55,203,868$10,205,125$5,925,475$26,427,122
62$60,772,634$10,643,147$6,061,950$28,702,916
63$66,907,459$11,100,679$6,201,042$31,195,082
64$73,666,022$11,578,613$6,342,779$33,925,060
65$81,111,879$12,077,888$6,487,185$36,916,449
66$89,315,069$12,599,483$6,634,283$40,195,227
67$98,352,772$13,144,424$6,784,098$43,789,994
68$108,310,039$13,713,785$6,936,650$47,732,236
69$119,280,594$14,308,692$7,091,959$52,056,618
70$131,367,718$14,930,321$7,250,043$56,801,308
71$144,685,225$15,579,906$7,410,919$62,008,333
72$159,358,534$16,258,738$7,574,601$67,723,969
73$175,525,856$16,968,168$7,741,102$73,999,176
74$193,339,497$17,709,611$7,910,432$80,890,069
75$212,967,295$18,484,551$8,082,600$88,458,450
76$234,594,203$19,294,538$8,257,612$96,772,377
77$258,424,040$20,141,199$8,435,470$105,906,806
78$284,681,409$21,026,235$8,616,175$115,944,293
79$313,613,820$21,951,428$8,799,724$126,975,762
80$345,494,027$22,918,645$8,986,112$139,101,362
81$380,622,600$23,929,841$9,175,329$152,431,401
82$419,330,765$24,987,063$9,367,363$167,087,384
83$461,983,530$26,092,456$9,562,197$183,203,148
84$508,983,130$27,248,266$9,759,809$200,926,121
85$560,772,822$28,456,844$9,960,177$220,418,702
86$617,841,076$29,720,656$10,163,269$241,859,791
87$680,726,179$31,042,281$10,369,051$265,446,459
88$750,021,320$32,424,423$10,577,485$291,395,810
89$826,380,189$33,869,914$10,788,525$319,947,012
90$910,523,148$35,381,720$11,002,120$351,363,546
91$1,003,244,033$36,962,948$11,218,215$385,935,687
92$1,105,417,645$38,616,853$11,436,746$423,983,226
93$1,218,008,011$40,346,845$11,657,643$465,858,481
94$1,342,077,484$42,156,496$11,880,830$511,949,609
95$1,478,796,772$44,049,549$12,106,223$562,684,259
96$1,629,455,990$46,029,924$12,333,728$618,533,592
97$1,795,476,839$48,101,729$12,563,247$680,016,717
98$1,978,426,030$50,269,267$12,794,669$747,705,576
99$2,180,030,071$52,537,047$13,027,876$822,230,327
100$2,402,191,569$54,909,792$13,262,740$904,285,276