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

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 $2,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$225,441$223,433$221,474$219,561$217,694$209,887
2 years$111,604$109,526$107,511$105,558$103,664$95,882
3 years$73,664$71,576$69,567$67,632$65,769$58,258
4 years$54,697$52,616$50,627$48,725$46,907$39,724
5 years$43,320$41,252$39,289$37,426$35,658$28,822
6 years$35,738$33,685$31,751$29,930$28,215$21,731
7 years$30,324$28,289$26,385$24,607$22,946$16,812
8 years$26,266$24,249$22,377$20,642$19,036$13,247
9 years$23,111$21,113$19,273$17,582$16,031$10,580
10 years$20,589$18,610$16,803$15,156$13,659$8,536
11 years$18,526$16,567$14,793$13,190$11,747$6,942
12 years$16,809$14,870$13,128$11,570$10,180$5,680
13 years$15,357$13,438$11,729$10,214$8,877$4,671
14 years$14,113$12,215$10,539$9,067$7,782$3,857
15 years$13,036$11,158$9,515$8,086$6,852$3,194
16 years$12,095$10,238$8,627$7,240$6,056$2,652
17 years$11,265$9,429$7,850$6,505$5,369$2,207
18 years$10,529$8,712$7,166$5,863$4,774$1,840
19 years$9,870$8,075$6,560$5,297$4,255$1,536
20 years$9,278$7,503$6,021$4,798$3,801$1,284
21 years$8,744$6,989$5,538$4,354$3,401$1,075
22 years$8,258$6,524$5,104$3,959$3,049$900
23 years$7,816$6,102$4,713$3,606$2,737$754
24 years$7,410$5,717$4,358$3,289$2,460$632
25 years$7,038$5,365$4,037$3,003$2,214$530
26 years$6,695$5,042$3,744$2,746$1,994$445
27 years$6,378$4,745$3,477$2,514$1,798$374
28 years$6,085$4,472$3,232$2,303$1,622$314
29 years$5,811$4,218$3,008$2,112$1,465$264
30 years$5,557$3,984$2,801$1,938$1,323$222
31 years$5,320$3,766$2,612$1,780$1,196$186
32 years$5,097$3,563$2,437$1,636$1,082$156
33 years$4,889$3,375$2,275$1,504$979$131
34 years$4,693$3,198$2,126$1,384$887$111
35 years$4,509$3,034$1,987$1,274$803$93
36 years$4,336$2,879$1,859$1,173$728$78
37 years$4,172$2,735$1,740$1,081$660$66
38 years$4,017$2,599$1,630$997$598$55
39 years$3,871$2,471$1,527$919$542$46
40 years$3,732$2,351$1,431$848$492$39
41 years$3,601$2,238$1,342$782$446$33
42 years$3,476$2,132$1,259$722$405$28
43 years$3,357$2,031$1,181$666$367$23
44 years$3,244$1,936$1,109$615$334$20
45 years$3,136$1,846$1,041$568$303$16
46 years$3,033$1,761$978$525$275$14
47 years$2,935$1,681$919$485$250$12
48 years$2,841$1,604$863$448$227$10
49 years$2,751$1,532$811$414$206$8
50 years$2,665$1,464$763$383$187$7

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 $2,351 every year, while hoping to spend $41,326 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: 23/47/30 Blend
29$2,730,000$2,730,000$2,730,000$2,730,000
30$3,010,885$2,866,195$2,823,880$3,051,666
31$3,274,025$2,962,668$2,874,509$3,184,246
32$3,562,620$3,062,483$2,925,450$3,322,478
33$3,879,223$3,165,761$2,976,668$3,469,604
34$4,226,645$3,272,625$3,028,129$3,626,387
35$4,607,985$3,383,205$3,079,793$3,793,666
36$5,026,653$3,497,636$3,131,620$3,972,357
37$5,486,408$3,616,057$3,183,565$4,163,468
38$5,991,390$3,738,612$3,235,583$4,368,107
39$6,546,159$3,865,451$3,287,622$4,587,486
40$7,155,739$3,996,730$3,339,629$4,822,940
41$7,825,666$4,132,611$3,391,548$5,075,934
42$8,562,036$4,273,261$3,443,317$5,348,077
43$9,371,568$4,418,855$3,494,872$5,641,138
44$10,261,662$4,569,573$3,546,145$5,957,061
45$11,240,473$4,725,604$3,597,063$6,297,982
46$12,316,985$4,887,142$3,647,548$6,666,252
47$13,501,096$5,054,390$3,697,519$7,064,453
48$14,803,710$5,227,558$3,746,889$7,495,426
49$16,236,845$5,406,865$3,795,566$7,962,297
50$17,813,739$5,592,537$3,843,453$8,468,503
51$19,548,980$5,784,810$3,890,448$9,017,825
52$21,458,639$5,983,930$3,936,441$9,614,425
53$23,560,427$6,190,149$3,981,319$10,262,881
54$25,873,857$6,403,733$4,024,959$10,968,232
55$28,420,431$6,624,956$4,067,236$11,736,024
56$31,223,839$6,854,103$4,108,012$12,572,360
57$34,310,187$7,091,471$4,147,148$13,483,959
58$37,708,241$7,337,368$4,184,492$14,478,218
59$41,449,696$7,592,113$4,219,887$15,563,280
60$45,569,479$7,856,041$4,253,167$16,748,110
61$50,106,075$8,129,496$4,284,157$18,042,578
62$55,101,892$8,412,839$4,312,674$19,457,554
63$60,603,660$8,706,442$4,338,523$21,005,007
64$66,662,871$9,010,696$4,361,502$22,698,117
65$73,336,268$9,326,004$4,381,396$24,551,398
66$80,686,375$9,652,786$4,397,980$26,580,837
67$88,782,092$9,991,479$4,411,019$28,804,038
68$97,699,342$10,342,538$4,420,265$31,240,392
69$107,521,788$10,706,435$4,425,457$33,911,258
70$118,341,622$11,083,663$4,426,322$36,840,160
71$130,260,437$11,474,732$4,422,573$40,053,012
72$143,390,182$11,880,174$4,413,910$43,578,357
73$157,854,221$12,300,543$4,400,016$47,447,639
74$173,788,497$12,736,415$4,380,562$51,695,494
75$191,342,813$13,188,388$4,355,200$56,360,081
76$210,682,248$13,657,087$4,323,567$61,483,436
77$231,988,712$14,143,160$4,285,282$67,111,867
78$255,462,668$14,647,282$4,239,946$73,296,392
79$281,325,017$15,170,156$4,187,141$80,093,220
80$309,819,188$15,712,513$4,126,429$87,564,274
81$341,213,434$16,275,114$4,057,353$95,777,780
82$375,803,363$16,858,753$3,979,433$104,808,905
83$413,914,728$17,464,254$3,892,166$114,740,465
84$455,906,504$18,092,476$3,795,027$125,663,709
85$502,174,274$18,744,315$3,687,468$137,679,170
86$553,153,964$19,420,700$3,568,912$150,897,620
87$609,325,957$20,122,603$3,438,759$165,441,110
88$671,219,627$20,851,033$3,296,380$181,444,117
89$739,418,337$21,607,042$3,141,117$199,054,817
90$814,564,947$22,391,726$2,972,284$218,436,476
91$897,367,878$23,206,227$2,789,162$239,768,992
92$988,607,804$24,051,734$2,591,000$263,250,587
93$1,089,145,016$24,929,486$2,377,015$289,099,680
94$1,199,927,549$25,840,772$2,146,387$317,556,942
95$1,322,000,128$26,786,938$1,898,260$348,887,567
96$1,456,514,028$27,769,386$1,631,739$383,383,771
97$1,604,737,948$28,789,575$1,345,891$421,367,550
98$1,768,069,982$29,849,027$1,039,741$463,193,714
99$1,948,050,819$30,949,328$712,271$509,253,232
100$2,146,378,289$32,092,132$362,419$559,976,922