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

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 $2,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$227,092$225,070$223,096$221,170$219,289$212,525
2 years$112,422$110,328$108,299$106,332$104,423$97,668
3 years$74,204$72,101$70,077$68,128$66,250$59,715
4 years$55,098$53,002$50,998$49,082$47,250$40,986
5 years$43,638$41,554$39,576$37,700$35,919$29,942
6 years$36,000$33,932$31,984$30,149$28,421$22,737
7 years$30,547$28,496$26,579$24,787$23,114$17,722
8 years$26,458$24,426$22,541$20,793$19,175$14,072
9 years$23,280$21,268$19,414$17,711$16,149$11,328
10 years$20,740$18,746$16,926$15,267$13,759$9,215
11 years$18,662$16,689$14,901$13,287$11,834$7,557
12 years$16,932$14,979$13,224$11,655$10,255$6,238
13 years$15,469$13,537$11,815$10,289$8,942$5,175
14 years$14,216$12,304$10,616$9,134$7,839$4,311
15 years$13,132$11,240$9,585$8,146$6,902$3,604
16 years$12,184$10,313$8,690$7,293$6,100$3,021
17 years$11,348$9,498$7,908$6,553$5,409$2,538
18 years$10,606$8,776$7,219$5,906$4,809$2,137
19 years$9,943$8,134$6,608$5,336$4,286$1,801
20 years$9,346$7,558$6,065$4,833$3,829$1,521
21 years$8,808$7,040$5,578$4,386$3,426$1,285
22 years$8,319$6,572$5,141$3,988$3,071$1,087
23 years$7,873$6,146$4,747$3,632$2,757$921
24 years$7,465$5,759$4,390$3,313$2,478$780
25 years$7,090$5,404$4,066$3,025$2,230$661
26 years$6,744$5,079$3,771$2,766$2,008$561
27 years$6,425$4,780$3,502$2,532$1,811$476
28 years$6,129$4,504$3,256$2,320$1,634$404
29 years$5,854$4,249$3,030$2,127$1,475$343
30 years$5,598$4,013$2,822$1,952$1,333$291
31 years$5,359$3,794$2,631$1,793$1,205$247
32 years$5,135$3,590$2,455$1,648$1,090$210
33 years$4,925$3,399$2,292$1,515$987$178
34 years$4,728$3,222$2,141$1,394$893$152
35 years$4,542$3,056$2,002$1,284$809$129
36 years$4,368$2,900$1,873$1,182$733$110
37 years$4,203$2,755$1,753$1,089$664$93
38 years$4,047$2,618$1,642$1,004$602$79
39 years$3,899$2,489$1,538$926$546$67
40 years$3,760$2,369$1,442$854$495$57
41 years$3,627$2,255$1,352$788$449$49
42 years$3,501$2,147$1,268$727$408$41
43 years$3,381$2,046$1,190$671$370$35
44 years$3,267$1,950$1,117$620$336$30
45 years$3,159$1,860$1,049$572$305$25
46 years$3,055$1,774$985$529$277$22
47 years$2,956$1,693$925$488$251$18
48 years$2,862$1,616$870$451$228$16
49 years$2,771$1,543$817$417$207$13
50 years$2,685$1,474$768$385$188$11

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 $3,439 every year, while hoping to spend $58,020 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: 71/10/19 Blend
29$2,750,000$2,750,000$2,750,000$2,750,000
30$3,034,047$2,888,297$2,845,672$3,235,375
31$3,281,787$2,968,091$2,879,270$3,449,643
32$3,552,852$3,049,850$2,912,048$3,676,905
33$3,849,560$3,133,610$2,943,918$3,924,267
34$4,174,463$3,219,404$2,974,787$4,193,713
35$4,530,371$3,307,268$3,004,556$4,487,424
36$4,920,381$3,397,237$3,033,121$4,807,806
37$5,347,902$3,489,343$3,060,371$5,157,510
38$5,816,687$3,583,619$3,086,193$5,539,453
39$6,330,872$3,680,100$3,110,463$5,956,850
40$6,895,011$3,778,815$3,133,055$6,413,244
41$7,514,123$3,879,797$3,153,832$6,912,537
42$8,193,732$3,983,076$3,172,654$7,459,029
43$8,939,925$4,088,680$3,189,371$8,057,455
44$9,759,410$4,196,637$3,203,827$8,713,035
45$10,659,571$4,306,974$3,215,857$9,431,520
46$11,648,547$4,419,715$3,225,288$10,219,244
47$12,735,302$4,534,885$3,231,938$11,083,189
48$13,929,712$4,652,503$3,235,617$12,031,048
49$15,242,658$4,772,591$3,236,125$13,071,295
50$16,686,125$4,895,164$3,233,251$14,213,271
51$18,273,320$5,020,238$3,226,776$15,467,266
52$20,018,794$5,147,824$3,216,468$16,844,622
53$21,938,576$5,277,933$3,202,085$18,357,834
54$24,050,329$5,410,570$3,183,373$20,020,673
55$26,373,512$5,545,737$3,160,066$21,848,312
56$28,929,567$5,683,435$3,131,884$23,857,474
57$31,742,116$5,823,657$3,098,536$26,066,583
58$34,837,190$5,966,394$3,059,715$28,495,945
59$38,243,470$6,111,633$3,015,101$31,167,937
60$41,992,555$6,259,355$2,964,359$34,107,217
61$46,119,267$6,409,535$2,907,136$37,340,956
62$50,661,974$6,562,143$2,843,066$40,899,101
63$55,662,950$6,717,143$2,771,764$44,814,648
64$61,168,780$6,874,492$2,692,827$49,123,964
65$67,230,793$7,034,139$2,605,834$53,867,122
66$73,905,549$7,196,028$2,510,345$59,088,283
67$81,255,373$7,360,091$2,405,899$64,836,115
68$89,348,939$7,526,254$2,292,016$71,164,248
69$98,261,924$7,694,433$2,168,191$78,131,785
70$108,077,713$7,864,534$2,033,899$85,803,857
71$118,888,195$8,036,451$1,888,590$94,252,241
72$130,794,623$8,210,069$1,731,689$103,556,033
73$143,908,571$8,385,259$1,562,597$113,802,402
74$158,352,988$8,561,879$1,380,687$125,087,408
75$174,263,356$8,739,775$1,185,303$137,516,911
76$191,788,971$8,918,776$975,763$151,207,570
77$211,094,347$9,098,696$751,352$166,287,946
78$232,360,772$9,279,335$511,324$182,899,717
79$255,788,019$9,460,470$254,902$201,199,011
80$281,596,228$9,641,865$0$221,357,889
81$310,027,987$9,823,259$0$243,569,761
82$341,350,616$10,004,374$0$268,095,179
83$375,858,697$10,184,906$0$295,112,863
84$413,876,847$10,364,529$0$324,876,768
85$455,762,786$10,542,892$0$357,666,740
86$501,910,711$10,719,615$0$393,791,169
87$552,755,019$10,894,291$0$433,589,889
88$608,774,403$11,066,483$0$477,437,394
89$670,496,372$11,235,721$0$525,746,367
90$738,502,232$11,401,501$0$578,971,578
91$813,432,570$11,563,285$0$637,614,179
92$895,993,300$11,720,494$0$702,226,428
93$986,962,329$11,872,510$0$773,416,908
94$1,087,196,897$12,018,673$0$851,856,273
95$1,197,641,669$12,158,277$0$938,283,570
96$1,319,337,655$12,290,569$0$1,033,513,226
97$1,453,432,033$12,414,743$0$1,138,442,729
98$1,601,188,977$12,529,943$0$1,254,061,106
99$1,764,001,597$12,635,255$0$1,381,458,253
100$1,943,405,082$12,729,704$0$1,521,835,229