Can I retire at age 30 with 2,770,000?

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 $2,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$228,744$226,706$224,719$222,778$220,884$215,282
2 years$113,240$111,131$109,087$107,105$105,183$99,575
3 years$74,743$72,625$70,586$68,623$66,732$61,295
4 years$55,499$53,387$51,369$49,439$47,594$42,368
5 years$43,955$41,856$39,864$37,974$36,180$31,180
6 years$36,262$34,179$32,216$30,368$28,628$23,860
7 years$30,769$28,703$26,772$24,967$23,282$18,745
8 years$26,651$24,604$22,705$20,944$19,315$15,007
9 years$23,450$21,422$19,556$17,840$16,266$12,184
10 years$20,890$18,883$17,049$15,378$13,859$9,999
11 years$18,798$16,810$15,010$13,384$11,920$8,274
12 years$17,055$15,088$13,321$11,739$10,329$6,892
13 years$15,582$13,635$11,901$10,364$9,007$5,772
14 years$14,320$12,394$10,693$9,200$7,896$4,856
15 years$13,227$11,322$9,655$8,205$6,952$4,099
16 years$12,272$10,388$8,753$7,347$6,144$3,471
17 years$11,430$9,567$7,965$6,601$5,448$2,946
18 years$10,683$8,840$7,271$5,949$4,844$2,506
19 years$10,015$8,193$6,656$5,375$4,318$2,135
20 years$9,414$7,613$6,109$4,868$3,857$1,822
21 years$8,872$7,091$5,619$4,418$3,451$1,557
22 years$8,379$6,620$5,179$4,017$3,093$1,331
23 years$7,930$6,191$4,782$3,659$2,777$1,140
24 years$7,519$5,801$4,422$3,337$2,496$976
25 years$7,141$5,444$4,096$3,047$2,246$837
26 years$6,794$5,116$3,799$2,786$2,023$718
27 years$6,472$4,815$3,527$2,550$1,824$616
28 years$6,174$4,537$3,279$2,337$1,646$529
29 years$5,897$4,280$3,052$2,143$1,486$454
30 years$5,639$4,042$2,842$1,967$1,343$390
31 years$5,398$3,821$2,650$1,806$1,214$335
32 years$5,172$3,616$2,472$1,660$1,098$288
33 years$4,961$3,424$2,309$1,526$994$248
34 years$4,762$3,245$2,157$1,404$900$213
35 years$4,575$3,078$2,017$1,293$815$183
36 years$4,399$2,922$1,886$1,191$738$157
37 years$4,233$2,775$1,766$1,097$669$135
38 years$4,076$2,637$1,654$1,011$607$116
39 years$3,928$2,508$1,549$932$550$100
40 years$3,787$2,386$1,452$860$499$86
41 years$3,653$2,271$1,362$793$453$74
42 years$3,527$2,163$1,277$732$411$64
43 years$3,406$2,061$1,198$676$373$55
44 years$3,291$1,964$1,125$624$338$47
45 years$3,182$1,873$1,056$576$307$41
46 years$3,077$1,787$992$532$279$35
47 years$2,978$1,705$932$492$253$30
48 years$2,883$1,628$876$455$230$26
49 years$2,792$1,555$823$420$209$22
50 years$2,704$1,485$774$388$190$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,770,000, adding $4,025 every year, while hoping to spend $21,157 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: 45/41/14 Blend
29$2,770,000$2,770,000$2,770,000$2,770,000
30$3,056,692$2,909,882$2,866,947$3,181,850
31$3,345,963$3,029,955$2,940,479$3,389,466
32$3,664,032$3,155,203$3,015,765$3,612,007
33$4,013,812$3,285,856$3,092,841$3,852,859
34$4,398,515$3,422,158$3,171,746$4,113,725
35$4,821,679$3,564,359$3,252,515$4,396,473
36$5,287,203$3,712,726$3,335,187$4,703,157
37$5,799,383$3,867,535$3,419,801$5,036,030
38$6,362,951$4,029,075$3,506,396$5,397,569
39$6,983,122$4,197,649$3,595,010$5,790,498
40$7,665,642$4,373,575$3,685,684$6,217,808
41$8,416,841$4,557,184$3,778,458$6,682,786
42$9,243,696$4,748,823$3,873,373$7,189,046
43$10,153,892$4,948,855$3,970,471$7,740,564
44$11,155,900$5,157,660$4,069,792$8,341,708
45$12,259,051$5,375,634$4,171,380$8,997,283
46$13,473,629$5,603,195$4,275,276$9,712,574
47$14,810,965$5,840,777$4,381,523$10,493,393
48$16,283,544$6,088,837$4,490,165$11,346,135
49$17,905,125$6,347,849$4,601,245$12,277,833
50$19,690,868$6,618,314$4,714,807$13,296,226
51$21,657,479$6,900,754$4,830,896$14,409,830
52$23,823,366$7,195,714$4,949,554$15,628,014
53$26,208,812$7,503,768$5,070,828$16,961,091
54$28,836,172$7,825,513$5,194,761$18,420,410
55$31,730,075$8,161,577$5,321,399$20,018,459
56$34,917,664$8,512,615$5,450,787$21,768,989
57$38,428,846$8,879,314$5,582,969$23,687,133
58$42,296,582$9,262,394$5,717,992$25,789,550
59$46,557,188$9,662,606$5,855,899$28,094,581
60$51,250,686$10,080,738$5,996,737$30,622,419
61$56,421,178$10,517,616$6,140,550$33,395,294
62$62,117,262$10,974,103$6,287,382$36,437,685
63$68,392,492$11,451,104$6,437,279$39,776,544
64$75,305,882$11,949,564$6,590,284$43,441,551
65$82,922,465$12,470,476$6,746,441$47,465,387
66$91,313,905$13,014,877$6,905,795$51,884,044
67$100,559,171$13,583,854$7,068,387$56,737,157
68$110,745,289$14,178,545$7,234,260$62,068,377
69$121,968,157$14,800,142$7,403,456$67,925,779
70$134,333,453$15,449,894$7,576,016$74,362,311
71$147,957,632$16,129,106$7,751,980$81,436,292
72$162,969,026$16,839,147$7,931,387$89,211,956
73$179,509,054$17,581,452$8,114,275$97,760,054
74$197,733,555$18,357,522$8,300,682$107,158,520
75$217,814,265$19,168,927$8,490,642$117,493,197
76$239,940,432$20,017,317$8,684,190$128,858,647
77$264,320,605$20,904,414$8,881,359$141,359,037
78$291,184,602$21,832,026$9,082,180$155,109,116
79$320,785,681$22,802,044$9,286,682$170,235,291
80$353,402,927$23,816,452$9,494,894$186,876,818
81$389,343,892$24,877,324$9,706,839$205,187,108
82$428,947,492$25,986,835$9,922,541$225,335,170
83$472,587,210$27,147,265$10,142,020$247,507,195
84$520,674,623$28,360,998$10,365,295$271,908,315
85$573,663,283$29,630,535$10,592,380$298,764,522
86$632,053,001$30,958,494$10,823,288$328,324,803
87$696,394,566$32,347,620$11,058,027$360,863,475
88$767,294,944$33,800,785$11,296,604$396,682,768
89$845,423,007$35,321,002$11,539,018$436,115,673
90$931,515,847$36,911,425$11,785,269$479,529,071
91$1,026,385,737$38,575,359$12,035,349$527,327,187
92$1,130,927,798$40,316,266$12,289,249$579,955,401
93$1,246,128,446$42,137,776$12,546,951$637,904,434
94$1,373,074,709$44,043,689$12,808,436$701,714,978
95$1,512,964,488$46,037,989$13,073,678$771,982,779
96$1,667,117,864$48,124,848$13,342,643$849,364,257
97$1,836,989,560$50,308,639$13,615,296$934,582,684
98$2,024,182,678$52,593,946$13,891,591$1,028,435,004
99$2,230,463,830$54,985,567$14,171,478$1,131,799,337
100$2,457,779,816$57,488,536$14,454,899$1,245,643,257