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%11.4%
1 years$227,092$225,070$223,096$221,170$219,289$217,998
2 years$112,422$110,328$108,299$106,332$104,423$103,121
3 years$74,204$72,101$70,077$68,128$66,250$64,977
4 years$55,098$53,002$50,998$49,082$47,250$46,016
5 years$43,638$41,554$39,576$37,700$35,919$34,727
6 years$36,000$33,932$31,984$30,149$28,421$27,273
7 years$30,547$28,496$26,579$24,787$23,114$22,010
8 years$26,458$24,426$22,541$20,793$19,175$18,116
9 years$23,280$21,268$19,414$17,711$16,149$15,133
10 years$20,740$18,746$16,926$15,267$13,759$12,788
11 years$18,662$16,689$14,901$13,287$11,834$10,905
12 years$16,932$14,979$13,224$11,655$10,255$9,368
13 years$15,469$13,537$11,815$10,289$8,942$8,097
14 years$14,216$12,304$10,616$9,134$7,839$7,034
15 years$13,132$11,240$9,585$8,146$6,902$6,136
16 years$12,184$10,313$8,690$7,293$6,100$5,373
17 years$11,348$9,498$7,908$6,553$5,409$4,719
18 years$10,606$8,776$7,219$5,906$4,809$4,155
19 years$9,943$8,134$6,608$5,336$4,286$3,667
20 years$9,346$7,558$6,065$4,833$3,829$3,243
21 years$8,808$7,040$5,578$4,386$3,426$2,873
22 years$8,319$6,572$5,141$3,988$3,071$2,548
23 years$7,873$6,146$4,747$3,632$2,757$2,264
24 years$7,465$5,759$4,390$3,313$2,478$2,013
25 years$7,090$5,404$4,066$3,025$2,230$1,793
26 years$6,744$5,079$3,771$2,766$2,008$1,597
27 years$6,425$4,780$3,502$2,532$1,811$1,425
28 years$6,129$4,504$3,256$2,320$1,634$1,271
29 years$5,854$4,249$3,030$2,127$1,475$1,135
30 years$5,598$4,013$2,822$1,952$1,333$1,014
31 years$5,359$3,794$2,631$1,793$1,205$907
32 years$5,135$3,590$2,455$1,648$1,090$811
33 years$4,925$3,399$2,292$1,515$987$726
34 years$4,728$3,222$2,141$1,394$893$649
35 years$4,542$3,056$2,002$1,284$809$581
36 years$4,368$2,900$1,873$1,182$733$521
37 years$4,203$2,755$1,753$1,089$664$466
38 years$4,047$2,618$1,642$1,004$602$418
39 years$3,899$2,489$1,538$926$546$374
40 years$3,760$2,369$1,442$854$495$336
41 years$3,627$2,255$1,352$788$449$301
42 years$3,501$2,147$1,268$727$408$270
43 years$3,381$2,046$1,190$671$370$242
44 years$3,267$1,950$1,117$620$336$217
45 years$3,159$1,860$1,049$572$305$194
46 years$3,055$1,774$985$529$277$174
47 years$2,956$1,693$925$488$251$156
48 years$2,862$1,616$870$451$228$140
49 years$2,771$1,543$817$417$207$126
50 years$2,685$1,474$768$385$188$113

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 $2,970 every year, while hoping to spend $37,491 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: 67/11/22 Blend
29$2,750,000$2,750,000$2,750,000$2,750,000
30$3,033,564$2,887,814$2,845,189$3,219,688
31$3,303,097$2,989,426$2,900,612$3,446,506
32$3,598,866$3,094,762$2,956,636$3,689,879
33$3,923,508$3,203,962$3,013,241$3,955,150
34$4,279,926$3,317,176$3,070,404$4,244,478
35$4,671,319$3,434,559$3,128,104$4,560,235
36$5,101,213$3,556,271$3,186,314$4,905,037
37$5,573,488$3,682,480$3,245,007$5,281,764
38$6,092,421$3,813,359$3,304,153$5,693,587
39$6,662,725$3,949,091$3,363,719$6,143,997
40$7,289,589$4,089,862$3,423,669$6,636,841
41$7,978,732$4,235,871$3,483,968$7,176,355
42$8,736,455$4,387,320$3,544,572$7,767,207
43$9,569,697$4,544,423$3,605,440$8,414,534
44$10,486,108$4,707,401$3,666,523$9,123,999
45$11,494,111$4,876,484$3,727,772$9,901,837
46$12,602,992$5,051,913$3,789,134$10,754,920
47$13,822,977$5,233,937$3,850,550$11,690,814
48$15,165,337$5,422,816$3,911,959$12,717,857
49$16,642,489$5,618,821$3,973,297$13,845,233
50$18,268,114$5,822,235$4,034,494$15,083,062
51$20,057,288$6,033,351$4,095,476$16,442,490
52$22,026,621$6,252,475$4,156,164$17,935,800
53$24,194,416$6,479,926$4,216,475$19,576,524
54$26,580,840$6,716,036$4,276,321$21,379,570
55$29,208,115$6,961,151$4,335,607$23,361,364
56$32,100,727$7,215,632$4,394,234$25,540,004
57$35,285,657$7,479,854$4,452,097$27,935,432
58$38,792,636$7,754,208$4,509,084$30,569,618
59$42,654,424$8,039,103$4,565,077$33,466,770
60$46,907,119$8,334,963$4,619,951$36,653,564
61$51,590,501$8,642,232$4,673,575$40,159,391
62$56,748,401$8,961,371$4,725,809$44,016,636
63$62,429,121$9,292,861$4,776,507$48,260,983
64$68,685,884$9,637,204$4,825,513$52,931,752
65$75,577,341$9,994,924$4,872,664$58,072,272
66$83,168,119$10,366,564$4,917,788$63,730,283
67$91,529,436$10,752,695$4,960,703$69,958,393
68$100,739,770$11,153,908$5,001,218$76,814,570
69$110,885,599$11,570,823$5,039,131$84,362,691
70$122,062,220$12,004,082$5,074,232$92,673,142
71$134,374,644$12,454,360$5,106,296$101,823,487
72$147,938,591$12,922,357$5,135,090$111,899,193
73$162,881,579$13,408,804$5,160,367$122,994,441
74$179,344,129$13,914,464$5,181,868$135,213,012
75$197,481,091$14,440,134$5,199,322$148,669,268
76$217,463,104$14,986,643$5,212,442$163,489,232
77$239,478,210$15,554,858$5,220,928$179,811,772
78$263,733,624$16,145,682$5,224,465$197,789,918
79$290,457,692$16,760,058$5,222,722$217,592,301
80$319,902,046$17,398,971$5,215,354$239,404,746
81$352,343,982$18,063,448$5,201,995$263,432,027
82$388,089,070$18,754,559$5,182,264$289,899,797
83$427,474,047$19,473,424$5,155,761$319,056,720
84$470,869,988$20,221,210$5,122,067$351,176,817
85$518,685,813$20,999,135$5,080,743$386,562,049
86$571,372,145$21,808,472$5,031,327$425,545,173
87$629,425,565$22,650,548$4,973,338$468,492,878
88$693,393,298$23,526,751$4,906,270$515,809,249
89$763,878,378$24,438,526$4,829,594$567,939,576
90$841,545,345$25,387,386$4,742,758$625,374,565
91$927,126,510$26,374,908$4,645,180$688,654,962
92$1,021,428,876$27,402,740$4,536,255$758,376,661
93$1,125,341,750$28,472,603$4,415,349$835,196,329
94$1,239,845,142$29,586,293$4,281,796$919,837,603
95$1,366,019,013$30,745,689$4,134,903$1,013,097,922
96$1,505,053,474$31,952,749$3,973,944$1,115,856,053
97$1,658,260,017$33,209,522$3,798,159$1,229,080,387
98$1,827,083,895$34,518,146$3,606,755$1,353,838,082
99$2,013,117,773$35,880,855$3,398,901$1,491,305,132
100$2,218,116,752$37,299,983$3,173,731$1,642,777,475