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%11.3%
1 years$227,092$225,070$223,096$221,170$219,289$218,090
2 years$112,422$110,328$108,299$106,332$104,423$103,213
3 years$74,204$72,101$70,077$68,128$66,250$65,067
4 years$55,098$53,002$50,998$49,082$47,250$46,103
5 years$43,638$41,554$39,576$37,700$35,919$34,810
6 years$36,000$33,932$31,984$30,149$28,421$27,353
7 years$30,547$28,496$26,579$24,787$23,114$22,087
8 years$26,458$24,426$22,541$20,793$19,175$18,190
9 years$23,280$21,268$19,414$17,711$16,149$15,204
10 years$20,740$18,746$16,926$15,267$13,759$12,855
11 years$18,662$16,689$14,901$13,287$11,834$10,969
12 years$16,932$14,979$13,224$11,655$10,255$9,429
13 years$15,469$13,537$11,815$10,289$8,942$8,155
14 years$14,216$12,304$10,616$9,134$7,839$7,089
15 years$13,132$11,240$9,585$8,146$6,902$6,188
16 years$12,184$10,313$8,690$7,293$6,100$5,422
17 years$11,348$9,498$7,908$6,553$5,409$4,765
18 years$10,606$8,776$7,219$5,906$4,809$4,199
19 years$9,943$8,134$6,608$5,336$4,286$3,708
20 years$9,346$7,558$6,065$4,833$3,829$3,282
21 years$8,808$7,040$5,578$4,386$3,426$2,909
22 years$8,319$6,572$5,141$3,988$3,071$2,583
23 years$7,873$6,146$4,747$3,632$2,757$2,296
24 years$7,465$5,759$4,390$3,313$2,478$2,044
25 years$7,090$5,404$4,066$3,025$2,230$1,821
26 years$6,744$5,079$3,771$2,766$2,008$1,624
27 years$6,425$4,780$3,502$2,532$1,811$1,449
28 years$6,129$4,504$3,256$2,320$1,634$1,294
29 years$5,854$4,249$3,030$2,127$1,475$1,157
30 years$5,598$4,013$2,822$1,952$1,333$1,034
31 years$5,359$3,794$2,631$1,793$1,205$925
32 years$5,135$3,590$2,455$1,648$1,090$828
33 years$4,925$3,399$2,292$1,515$987$742
34 years$4,728$3,222$2,141$1,394$893$664
35 years$4,542$3,056$2,002$1,284$809$595
36 years$4,368$2,900$1,873$1,182$733$534
37 years$4,203$2,755$1,753$1,089$664$478
38 years$4,047$2,618$1,642$1,004$602$429
39 years$3,899$2,489$1,538$926$546$385
40 years$3,760$2,369$1,442$854$495$345
41 years$3,627$2,255$1,352$788$449$310
42 years$3,501$2,147$1,268$727$408$278
43 years$3,381$2,046$1,190$671$370$249
44 years$3,267$1,950$1,117$620$336$224
45 years$3,159$1,860$1,049$572$305$201
46 years$3,055$1,774$985$529$277$180
47 years$2,956$1,693$925$488$251$162
48 years$2,862$1,616$870$451$228$145
49 years$2,771$1,543$817$417$207$131
50 years$2,685$1,474$768$385$188$117

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 $5,929 every year, while hoping to spend $57,630 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: 40/30/30 Blend
29$2,750,000$2,750,000$2,750,000$2,750,000
30$3,036,616$2,890,866$2,848,241$3,130,992
31$3,285,033$2,971,200$2,882,339$3,280,768
32$3,556,857$3,053,540$2,915,648$3,436,954
33$3,854,414$3,137,921$2,948,080$3,604,859
34$4,180,268$3,224,383$2,979,544$3,785,594
35$4,537,238$3,312,961$3,009,942$3,980,386
36$4,928,433$3,403,693$3,039,172$4,190,584
37$5,357,275$3,496,615$3,067,125$4,417,675
38$5,827,531$3,591,763$3,093,689$4,663,296
39$6,343,354$3,689,175$3,118,742$4,929,251
40$6,909,316$3,788,883$3,142,159$5,217,528
41$7,530,452$3,890,925$3,163,807$5,530,317
42$8,212,310$3,995,332$3,183,547$5,870,030
43$8,961,001$4,102,139$3,201,231$6,239,326
44$9,783,256$4,211,376$3,216,705$6,641,134
45$10,686,490$4,323,076$3,229,807$7,078,683
46$11,678,873$4,437,267$3,240,366$7,555,531
47$12,769,402$4,553,978$3,248,203$8,075,597
48$13,967,994$4,673,235$3,253,130$8,643,202
49$15,285,569$4,795,064$3,254,950$9,263,107
50$16,734,161$4,919,486$3,253,455$9,940,560
51$18,327,028$5,046,523$3,248,429$10,681,344
52$20,078,776$5,176,194$3,239,642$11,491,833
53$22,005,497$5,308,514$3,226,856$12,379,051
54$24,124,923$5,443,496$3,209,821$13,350,742
55$26,456,588$5,581,150$3,188,273$14,415,437
56$29,022,017$5,721,483$3,161,937$15,582,542
57$31,844,926$5,864,499$3,130,525$16,862,423
58$34,951,446$6,010,197$3,093,734$18,266,504
59$38,370,368$6,158,571$3,051,249$19,807,379
60$42,133,417$6,309,613$3,002,738$21,498,924
61$46,275,549$6,463,307$2,947,853$23,356,438
62$50,835,281$6,619,636$2,886,233$25,396,780
63$55,855,055$6,778,572$2,817,496$27,638,533
64$61,381,634$6,940,086$2,741,245$30,102,178
65$67,466,549$7,104,139$2,657,066$32,810,288
66$74,166,581$7,270,686$2,564,522$35,787,745
67$81,544,297$7,439,674$2,463,158$39,061,970
68$89,668,642$7,611,044$2,352,500$42,663,188
69$98,615,584$7,784,727$2,232,050$46,624,711
70$108,468,838$7,960,643$2,101,288$50,983,255
71$119,320,650$8,138,704$1,959,671$55,779,286
72$131,272,667$8,318,812$1,806,632$61,057,403
73$144,436,903$8,500,857$1,641,577$66,866,764
74$158,936,784$8,684,716$1,463,887$73,261,545
75$174,908,324$8,870,255$1,272,915$80,301,458
76$192,501,400$9,057,325$1,067,985$88,052,315
77$211,881,172$9,245,763$848,391$96,586,645
78$233,229,636$9,435,390$613,397$105,984,391
79$256,747,346$9,626,011$362,233$116,333,657
80$282,655,303$9,817,414$94,096$127,731,544
81$311,197,044$10,009,367$0$140,285,072
82$342,640,935$10,201,619$0$154,173,662
83$377,282,710$10,393,898$0$169,501,970
84$415,448,257$10,585,909$0$186,383,400
85$457,496,694$10,777,333$0$204,976,149
86$503,823,763$10,967,829$0$225,454,549
87$554,865,558$11,157,024$0$248,010,712
88$611,102,648$11,344,521$0$272,856,344
89$673,064,606$11,529,890$0$300,224,744
90$741,335,012$11,712,671$0$330,373,007
91$816,556,961$11,892,370$0$363,584,450
92$899,439,131$12,068,456$0$400,171,288
93$990,762,473$12,240,361$0$440,477,584
94$1,091,387,583$12,407,476$0$484,882,494
95$1,202,262,826$12,569,152$0$533,803,848
96$1,324,433,285$12,724,691$0$587,702,097
97$1,459,050,630$12,873,351$0$647,084,661
98$1,607,383,987$13,014,338$0$712,510,716
99$1,770,831,917$13,146,804$0$784,596,478
100$1,950,935,621$13,269,845$0$864,021,020