Can I retire at age 30 with 2,750,000?

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 $2,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$227,092$225,070$223,096$221,170$219,289$213,124
2 years$112,422$110,328$108,299$106,332$104,423$98,259
3 years$74,204$72,101$70,077$68,128$66,250$60,280
4 years$55,098$53,002$50,998$49,082$47,250$41,520
5 years$43,638$41,554$39,576$37,700$35,919$30,444
6 years$36,000$33,932$31,984$30,149$28,421$23,207
7 years$30,547$28,496$26,579$24,787$23,114$18,160
8 years$26,458$24,426$22,541$20,793$19,175$14,479
9 years$23,280$21,268$19,414$17,711$16,149$11,706
10 years$20,740$18,746$16,926$15,267$13,759$9,564
11 years$18,662$16,689$14,901$13,287$11,834$7,879
12 years$16,932$14,979$13,224$11,655$10,255$6,533
13 years$15,469$13,537$11,815$10,289$8,942$5,446
14 years$14,216$12,304$10,616$9,134$7,839$4,559
15 years$13,132$11,240$9,585$8,146$6,902$3,830
16 years$12,184$10,313$8,690$7,293$6,100$3,227
17 years$11,348$9,498$7,908$6,553$5,409$2,725
18 years$10,606$8,776$7,219$5,906$4,809$2,306
19 years$9,943$8,134$6,608$5,336$4,286$1,954
20 years$9,346$7,558$6,065$4,833$3,829$1,659
21 years$8,808$7,040$5,578$4,386$3,426$1,410
22 years$8,319$6,572$5,141$3,988$3,071$1,199
23 years$7,873$6,146$4,747$3,632$2,757$1,021
24 years$7,465$5,759$4,390$3,313$2,478$870
25 years$7,090$5,404$4,066$3,025$2,230$741
26 years$6,744$5,079$3,771$2,766$2,008$632
27 years$6,425$4,780$3,502$2,532$1,811$539
28 years$6,129$4,504$3,256$2,320$1,634$460
29 years$5,854$4,249$3,030$2,127$1,475$393
30 years$5,598$4,013$2,822$1,952$1,333$336
31 years$5,359$3,794$2,631$1,793$1,205$287
32 years$5,135$3,590$2,455$1,648$1,090$245
33 years$4,925$3,399$2,292$1,515$987$209
34 years$4,728$3,222$2,141$1,394$893$179
35 years$4,542$3,056$2,002$1,284$809$153
36 years$4,368$2,900$1,873$1,182$733$131
37 years$4,203$2,755$1,753$1,089$664$112
38 years$4,047$2,618$1,642$1,004$602$96
39 years$3,899$2,489$1,538$926$546$82
40 years$3,760$2,369$1,442$854$495$70
41 years$3,627$2,255$1,352$788$449$60
42 years$3,501$2,147$1,268$727$408$51
43 years$3,381$2,046$1,190$671$370$44
44 years$3,267$1,950$1,117$620$336$37
45 years$3,159$1,860$1,049$572$305$32
46 years$3,055$1,774$985$529$277$27
47 years$2,956$1,693$925$488$251$23
48 years$2,862$1,616$870$451$228$20
49 years$2,771$1,543$817$417$207$17
50 years$2,685$1,474$768$385$188$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,750,000, adding $2,627 every year, while hoping to spend $44,386 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: 66/16/18 Blend
29$2,750,000$2,750,000$2,750,000$2,750,000
30$3,033,210$2,887,460$2,844,835$3,219,750
31$3,295,371$2,981,719$2,892,910$3,439,243
32$3,582,785$3,079,109$2,941,109$3,673,718
33$3,897,980$3,179,737$2,989,388$3,928,961
34$4,243,743$3,283,713$3,037,701$4,207,009
35$4,623,141$3,391,151$3,086,000$4,510,103
36$5,039,553$3,502,169$3,134,233$4,840,710
37$5,496,702$3,616,890$3,182,344$5,201,550
38$5,998,688$3,735,440$3,230,275$5,595,615
39$6,550,029$3,857,952$3,277,964$6,026,200
40$7,155,700$3,984,559$3,325,344$6,496,935
41$7,821,183$4,115,404$3,372,344$7,011,818
42$8,552,516$4,250,631$3,418,891$7,575,252
43$9,356,353$4,390,393$3,464,904$8,192,085
44$10,240,023$4,534,844$3,510,300$8,867,661
45$11,211,601$4,684,147$3,554,991$9,607,863
46$12,279,984$4,838,469$3,598,882$10,419,172
47$13,454,972$4,997,985$3,641,875$11,308,728
48$14,747,366$5,162,873$3,683,864$12,284,397
49$16,169,064$5,333,320$3,724,740$13,354,842
50$17,733,175$5,509,519$3,764,386$14,529,611
51$19,454,144$5,691,670$3,802,678$15,819,220
52$21,347,885$5,879,981$3,839,486$17,235,254
53$23,431,935$6,074,666$3,874,674$18,790,478
54$25,725,615$6,275,946$3,908,098$20,498,957
55$28,250,214$6,484,054$3,939,606$22,376,185
56$31,029,190$6,699,228$3,969,037$24,439,235
57$34,088,392$6,921,714$3,996,225$26,706,916
58$37,456,301$7,151,771$4,020,991$29,199,954
59$41,164,300$7,389,664$4,043,150$31,941,184
60$45,246,969$7,635,668$4,062,506$34,955,769
61$49,742,414$7,890,070$4,078,854$38,271,433
62$54,692,622$8,153,165$4,091,978$41,918,724
63$60,143,860$8,425,261$4,101,650$45,931,302
64$66,147,112$8,706,676$4,107,633$50,346,259
65$72,758,555$8,997,741$4,109,676$55,204,462
66$80,040,095$9,298,798$4,107,518$60,550,947
67$88,059,948$9,610,202$4,100,883$66,435,335
68$96,893,282$9,932,322$4,089,482$72,912,309
69$106,622,930$10,265,539$4,073,013$80,042,120
70$117,340,167$10,610,249$4,051,157$87,891,164
71$129,145,576$10,966,863$4,023,583$96,532,603
72$142,149,994$11,335,808$3,989,942$106,047,059
73$156,475,556$11,717,526$3,949,868$116,523,371
74$172,256,853$12,112,475$3,902,979$128,059,433
75$189,642,197$12,521,131$3,848,874$140,763,124
76$208,795,024$12,943,989$3,787,133$154,753,317
77$229,895,432$13,381,560$3,717,318$170,161,008
78$253,141,887$13,834,377$3,638,969$187,130,548
79$278,753,089$14,302,991$3,551,604$205,821,006
80$306,970,042$14,787,975$3,454,720$226,407,672
81$338,058,324$15,289,924$3,347,792$249,083,709
82$372,310,597$15,809,455$3,230,267$274,061,976
83$410,049,367$16,347,207$3,101,570$301,577,041
84$451,630,030$16,903,847$2,961,099$331,887,389
85$497,444,221$17,480,065$2,808,225$365,277,865
86$547,923,521$18,076,576$2,642,289$402,062,363
87$603,543,518$18,694,127$2,462,604$442,586,787
88$664,828,307$19,333,489$2,268,451$487,232,318
89$732,355,430$19,995,466$2,059,080$536,419,010
90$806,761,330$20,680,890$1,833,706$590,609,754
91$888,747,360$21,390,628$1,591,509$650,314,653
92$979,086,401$22,125,579$1,331,635$716,095,830
93$1,078,630,159$22,886,677$1,053,190$788,572,741
94$1,188,317,203$23,674,893$755,240$868,428,015
95$1,309,181,830$24,491,234$436,812$956,413,905
96$1,442,363,821$25,336,749$96,889$1,053,359,385
97$1,589,119,206$26,212,525$0$1,160,177,977
98$1,750,832,120$27,119,694$0$1,277,927,437
99$1,929,027,869$28,059,431$0$1,407,689,248
100$2,125,387,326$29,032,958$0$1,550,667,521