Can I retire at age 30 with 2,760,000?

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 $2,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$227,918$225,888$223,907$221,974$220,086$216,887
2 years$112,831$110,729$108,693$106,718$104,803$101,586
3 years$74,473$72,363$70,331$68,375$66,491$63,357
4 years$55,298$53,194$51,183$49,261$47,422$44,395
5 years$43,796$41,705$39,720$37,837$36,050$33,138
6 years$36,131$34,055$32,100$30,258$28,525$25,733
7 years$30,658$28,600$26,675$24,877$23,198$20,526
8 years$26,555$24,515$22,623$20,869$19,245$16,693
9 years$23,365$21,345$19,485$17,776$16,207$13,773
10 years$20,815$18,814$16,987$15,323$13,809$11,492
11 years$18,730$16,749$14,955$13,335$11,877$9,674
12 years$16,993$15,033$13,273$11,697$10,292$8,201
13 years$15,525$13,586$11,858$10,327$8,975$6,992
14 years$14,268$12,349$10,655$9,167$7,867$5,991
15 years$13,179$11,281$9,620$8,175$6,927$5,153
16 years$12,228$10,350$8,722$7,320$6,122$4,447
17 years$11,389$9,532$7,936$6,577$5,428$3,848
18 years$10,644$8,808$7,245$5,927$4,827$3,338
19 years$9,979$8,163$6,632$5,356$4,302$2,902
20 years$9,380$7,586$6,087$4,851$3,843$2,527
21 years$8,840$7,066$5,599$4,402$3,439$2,204
22 years$8,349$6,596$5,160$4,003$3,082$1,924
23 years$7,901$6,169$4,764$3,645$2,767$1,682
24 years$7,492$5,780$4,406$3,325$2,487$1,472
25 years$7,116$5,424$4,081$3,036$2,238$1,289
26 years$6,769$5,098$3,785$2,776$2,016$1,130
27 years$6,449$4,798$3,515$2,541$1,817$991
28 years$6,151$4,521$3,267$2,328$1,640$870
29 years$5,875$4,265$3,041$2,135$1,481$764
30 years$5,618$4,028$2,832$1,959$1,338$671
31 years$5,378$3,807$2,640$1,800$1,210$589
32 years$5,153$3,603$2,464$1,654$1,094$518
33 years$4,943$3,412$2,300$1,521$990$455
34 years$4,745$3,234$2,149$1,399$897$401
35 years$4,559$3,067$2,009$1,288$812$352
36 years$4,384$2,911$1,880$1,186$736$310
37 years$4,218$2,765$1,759$1,093$667$273
38 years$4,062$2,628$1,648$1,008$605$240
39 years$3,914$2,499$1,544$929$548$211
40 years$3,773$2,377$1,447$857$497$186
41 years$3,640$2,263$1,357$791$451$164
42 years$3,514$2,155$1,273$730$409$144
43 years$3,394$2,053$1,194$673$372$127
44 years$3,279$1,957$1,121$622$337$112
45 years$3,170$1,866$1,052$574$306$98
46 years$3,066$1,780$989$530$278$87
47 years$2,967$1,699$929$490$252$76
48 years$2,872$1,622$873$453$229$67
49 years$2,782$1,549$820$419$208$59
50 years$2,695$1,480$771$387$189$52

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,760,000, adding $4,353 every year, while hoping to spend $23,276 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: 67/6/27 Blend
29$2,760,000$2,760,000$2,760,000$2,760,000
30$3,046,010$2,899,730$2,856,950$3,228,357
31$3,331,938$3,017,051$2,927,892$3,468,999
32$3,646,250$3,139,341$3,000,431$3,729,069
33$3,991,817$3,266,819$3,074,595$4,012,999
34$4,371,802$3,399,713$3,150,414$4,323,145
35$4,789,689$3,538,262$3,227,916$4,662,103
36$5,249,318$3,682,717$3,307,132$5,032,733
37$5,754,918$3,833,340$3,388,090$5,438,182
38$6,311,149$3,990,403$3,470,821$5,881,917
39$6,923,147$4,154,193$3,555,354$6,367,754
40$7,596,568$4,325,009$3,641,719$6,899,900
41$8,337,648$4,503,164$3,729,946$7,482,983
42$9,153,253$4,688,985$3,820,065$8,122,106
43$10,050,953$4,882,813$3,912,105$8,822,885
44$11,039,087$5,085,008$4,006,097$9,591,509
45$12,126,843$5,295,942$4,102,070$10,434,793
46$13,324,346$5,516,008$4,200,055$11,360,247
47$14,642,751$5,745,615$4,300,079$12,376,141
48$16,094,353$5,985,191$4,402,173$13,491,587
49$17,692,697$6,235,185$4,506,365$14,716,623
50$19,452,708$6,496,065$4,612,684$16,062,307
51$21,390,834$6,768,322$4,721,159$17,540,821
52$23,525,198$7,052,469$4,831,817$19,165,587
53$25,875,771$7,349,043$4,944,686$20,951,391
54$28,464,559$7,658,606$5,059,792$22,914,525
55$31,315,812$7,981,745$5,177,163$25,072,936
56$34,456,250$8,319,076$5,296,823$27,446,402
57$37,915,319$8,671,242$5,418,798$30,056,709
58$41,725,466$9,038,917$5,543,112$32,927,863
59$45,922,445$9,422,806$5,669,788$36,086,316
60$50,545,657$9,823,646$5,798,849$39,561,211
61$55,638,520$10,242,210$5,930,315$43,384,658
62$61,248,876$10,679,305$6,064,208$47,592,040
63$67,429,448$11,135,778$6,200,546$52,222,342
64$74,238,334$11,612,513$6,339,346$57,318,522
65$81,739,555$12,110,438$6,480,626$62,927,910
66$90,003,662$12,630,521$6,624,399$69,102,664
67$99,108,397$13,173,779$6,770,678$75,900,251
68$109,139,433$13,741,274$6,919,476$83,383,997
69$120,191,177$14,334,118$7,070,800$91,623,679
70$132,367,664$14,953,477$7,224,659$100,696,186
71$145,783,538$15,600,569$7,381,057$110,686,242
72$160,565,134$16,276,671$7,539,997$121,687,207
73$176,851,670$16,983,121$7,701,479$133,801,957
74$194,796,562$17,721,316$7,865,501$147,143,851
75$214,568,874$18,492,723$8,032,058$161,837,806
76$236,354,908$19,298,875$8,201,140$178,021,473
77$260,359,967$20,141,379$8,372,737$195,846,532
78$286,810,294$21,021,916$8,546,834$215,480,129
79$315,955,203$21,942,249$8,723,412$237,106,449
80$348,069,435$22,904,221$8,902,448$260,928,455
81$383,455,754$23,909,764$9,083,916$287,169,802
82$422,447,799$24,960,901$9,267,785$316,076,951
83$465,413,239$26,059,749$9,454,020$347,921,487
84$512,757,240$27,208,527$9,642,581$383,002,693
85$564,926,292$28,409,559$9,833,421$421,650,361
86$622,412,424$29,665,278$10,026,491$464,227,916
87$685,757,846$30,978,232$10,221,733$511,135,839
88$755,560,072$32,351,090$10,419,086$562,815,448
89$832,477,554$33,786,648$10,618,481$619,753,063
90$917,235,906$35,287,835$10,819,841$682,484,596
91$1,010,634,747$36,857,718$11,023,085$751,600,610
92$1,113,555,254$38,499,509$11,228,121$827,751,889
93$1,226,968,480$40,216,575$11,434,853$911,655,585
94$1,351,944,519$42,012,441$11,643,174$1,004,101,985
95$1,489,662,609$43,890,800$11,852,970$1,105,961,968
96$1,641,422,266$45,855,520$12,064,115$1,218,195,228
97$1,808,655,551$47,910,655$12,276,478$1,341,859,331
98$1,992,940,591$50,060,450$12,489,913$1,478,119,698
99$2,196,016,472$52,309,353$12,704,266$1,628,260,606
100$2,419,799,666$54,662,025$12,919,373$1,793,697,307