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

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 $2,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$228,744$226,706$224,719$222,778$220,884$219,216
2 years$113,240$111,131$109,087$107,105$105,183$103,501
3 years$74,743$72,625$70,586$68,623$66,732$65,089
4 years$55,499$53,387$51,369$49,439$47,594$46,002
5 years$43,955$41,856$39,864$37,974$36,180$34,644
6 years$36,262$34,179$32,216$30,368$28,628$27,150
7 years$30,769$28,703$26,772$24,967$23,282$21,862
8 years$26,651$24,604$22,705$20,944$19,315$17,953
9 years$23,450$21,422$19,556$17,840$16,266$14,962
10 years$20,890$18,883$17,049$15,378$13,859$12,613
11 years$18,798$16,810$15,010$13,384$11,920$10,730
12 years$17,055$15,088$13,321$11,739$10,329$9,195
13 years$15,582$13,635$11,901$10,364$9,007$7,927
14 years$14,320$12,394$10,693$9,200$7,896$6,868
15 years$13,227$11,322$9,655$8,205$6,952$5,976
16 years$12,272$10,388$8,753$7,347$6,144$5,218
17 years$11,430$9,567$7,965$6,601$5,448$4,570
18 years$10,683$8,840$7,271$5,949$4,844$4,013
19 years$10,015$8,193$6,656$5,375$4,318$3,531
20 years$9,414$7,613$6,109$4,868$3,857$3,114
21 years$8,872$7,091$5,619$4,418$3,451$2,750
22 years$8,379$6,620$5,179$4,017$3,093$2,433
23 years$7,930$6,191$4,782$3,659$2,777$2,154
24 years$7,519$5,801$4,422$3,337$2,496$1,910
25 years$7,141$5,444$4,096$3,047$2,246$1,695
26 years$6,794$5,116$3,799$2,786$2,023$1,506
27 years$6,472$4,815$3,527$2,550$1,824$1,339
28 years$6,174$4,537$3,279$2,337$1,646$1,191
29 years$5,897$4,280$3,052$2,143$1,486$1,060
30 years$5,639$4,042$2,842$1,967$1,343$944
31 years$5,398$3,821$2,650$1,806$1,214$841
32 years$5,172$3,616$2,472$1,660$1,098$750
33 years$4,961$3,424$2,309$1,526$994$669
34 years$4,762$3,245$2,157$1,404$900$597
35 years$4,575$3,078$2,017$1,293$815$532
36 years$4,399$2,922$1,886$1,191$738$475
37 years$4,233$2,775$1,766$1,097$669$424
38 years$4,076$2,637$1,654$1,011$607$379
39 years$3,928$2,508$1,549$932$550$338
40 years$3,787$2,386$1,452$860$499$302
41 years$3,653$2,271$1,362$793$453$270
42 years$3,527$2,163$1,277$732$411$241
43 years$3,406$2,061$1,198$676$373$215
44 years$3,291$1,964$1,125$624$338$193
45 years$3,182$1,873$1,056$576$307$172
46 years$3,077$1,787$992$532$279$154
47 years$2,978$1,705$932$492$253$137
48 years$2,883$1,628$876$455$230$123
49 years$2,792$1,555$823$420$209$110
50 years$2,704$1,485$774$388$190$98

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 $3,655 every year, while hoping to spend $22,148 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: 32/38/30 Blend
29$2,770,000$2,770,000$2,770,000$2,770,000
30$3,056,310$2,909,500$2,866,565$3,126,110
31$3,344,488$3,028,500$2,939,030$3,299,312
32$3,661,319$3,152,589$3,013,180$3,483,539
33$4,009,700$3,281,993$3,089,048$3,681,545
34$4,392,826$3,416,947$3,166,668$3,894,561
35$4,814,217$3,557,700$3,246,073$4,123,936
36$5,277,749$3,704,509$3,327,299$4,371,153
37$5,787,694$3,857,645$3,410,378$4,637,835
38$6,348,760$4,017,391$3,495,347$4,925,766
39$6,966,132$4,184,041$3,582,240$5,236,904
40$7,645,525$4,357,907$3,671,092$5,573,399
41$8,393,234$4,539,310$3,761,939$5,937,609
42$9,216,198$4,728,590$3,854,818$6,332,129
43$10,122,059$4,926,101$3,949,764$6,759,806
44$11,119,242$5,132,212$4,046,814$7,223,769
45$12,217,026$5,347,312$4,146,004$7,727,457
46$13,425,639$5,571,806$4,247,371$8,274,649
47$14,756,348$5,806,119$4,350,952$8,869,499
48$16,221,570$6,050,693$4,456,783$9,516,575
49$17,834,987$6,305,994$4,564,902$10,220,898
50$19,611,675$6,572,507$4,675,346$10,987,989
51$21,568,248$6,850,742$4,788,152$11,823,922
52$23,723,010$7,141,229$4,903,356$12,735,376
53$26,096,135$7,444,527$5,020,996$13,729,696
54$28,709,849$7,761,217$5,141,108$14,814,967
55$31,588,648$8,091,911$5,263,729$16,000,079
56$34,759,521$8,437,246$5,388,895$17,294,817
57$38,252,212$8,797,891$5,516,643$18,709,946
58$42,099,494$9,174,544$5,647,007$20,257,315
59$46,337,485$9,567,939$5,780,024$21,949,962
60$51,005,981$9,978,841$5,915,728$23,802,238
61$56,148,840$10,408,052$6,054,153$25,829,938
62$61,814,388$10,856,413$6,195,333$28,050,451
63$68,055,880$11,324,802$6,339,302$30,482,916
64$74,932,002$11,814,140$6,486,090$33,148,406
65$82,507,422$12,325,389$6,635,731$36,070,119
66$90,853,405$12,859,558$6,788,253$39,273,598
67$100,048,480$13,417,704$6,943,688$42,786,964
68$110,179,185$14,000,933$7,102,062$46,641,186
69$121,340,884$14,610,400$7,263,403$50,870,360
70$133,638,664$15,247,320$7,427,737$55,512,038
71$147,188,330$15,912,960$7,595,088$60,607,569
72$162,117,495$16,608,650$7,765,478$66,202,493
73$178,566,787$17,335,782$7,938,929$72,346,961
74$196,691,176$18,095,812$8,115,460$79,096,210
75$216,661,436$18,890,267$8,295,088$86,511,074
76$238,665,757$19,720,744$8,477,828$94,658,559
77$262,911,521$20,588,918$8,663,693$103,612,468
78$289,627,262$21,496,541$8,852,692$113,454,093
79$319,064,820$22,445,448$9,044,834$124,272,976
80$351,501,719$23,437,563$9,240,124$136,167,752
81$387,243,789$24,474,898$9,438,563$149,247,072
82$426,628,051$25,559,563$9,640,150$163,630,624
83$470,025,897$26,693,767$9,844,880$179,450,254
84$517,846,599$27,879,822$10,052,744$196,851,209
85$570,541,173$29,120,154$10,263,731$215,993,496
86$628,606,630$30,417,299$10,477,824$237,053,390
87$692,590,678$31,773,918$10,695,002$260,225,086
88$763,096,882$33,192,795$10,915,240$285,722,530
89$840,790,371$34,676,850$11,138,508$313,781,427
90$926,404,111$36,229,137$11,364,770$344,661,456
91$1,020,745,825$37,852,860$11,593,985$378,648,718
92$1,124,705,622$39,551,372$11,826,106$416,058,424
93$1,239,264,395$41,328,189$12,061,080$457,237,860
94$1,365,503,085$43,186,993$12,298,848$502,569,659
95$1,504,612,884$45,131,640$12,539,344$552,475,401
96$1,657,906,480$47,166,172$12,782,494$607,419,580
97$1,826,830,450$49,294,823$13,028,216$667,913,979
98$2,012,978,916$51,522,029$13,276,421$734,522,492
99$2,218,108,596$53,852,439$13,527,012$807,866,429
100$2,444,155,387$56,290,923$13,779,881$888,630,375