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%11.3%
1 years$228,744$226,706$224,719$222,778$220,884$219,676
2 years$113,240$111,131$109,087$107,105$105,183$103,964
3 years$74,743$72,625$70,586$68,623$66,732$65,540
4 years$55,499$53,387$51,369$49,439$47,594$46,438
5 years$43,955$41,856$39,864$37,974$36,180$35,064
6 years$36,262$34,179$32,216$30,368$28,628$27,552
7 years$30,769$28,703$26,772$24,967$23,282$22,248
8 years$26,651$24,604$22,705$20,944$19,315$18,322
9 years$23,450$21,422$19,556$17,840$16,266$15,314
10 years$20,890$18,883$17,049$15,378$13,859$12,948
11 years$18,798$16,810$15,010$13,384$11,920$11,049
12 years$17,055$15,088$13,321$11,739$10,329$9,498
13 years$15,582$13,635$11,901$10,364$9,007$8,214
14 years$14,320$12,394$10,693$9,200$7,896$7,140
15 years$13,227$11,322$9,655$8,205$6,952$6,233
16 years$12,272$10,388$8,753$7,347$6,144$5,461
17 years$11,430$9,567$7,965$6,601$5,448$4,800
18 years$10,683$8,840$7,271$5,949$4,844$4,229
19 years$10,015$8,193$6,656$5,375$4,318$3,735
20 years$9,414$7,613$6,109$4,868$3,857$3,306
21 years$8,872$7,091$5,619$4,418$3,451$2,930
22 years$8,379$6,620$5,179$4,017$3,093$2,602
23 years$7,930$6,191$4,782$3,659$2,777$2,313
24 years$7,519$5,801$4,422$3,337$2,496$2,059
25 years$7,141$5,444$4,096$3,047$2,246$1,834
26 years$6,794$5,116$3,799$2,786$2,023$1,636
27 years$6,472$4,815$3,527$2,550$1,824$1,460
28 years$6,174$4,537$3,279$2,337$1,646$1,304
29 years$5,897$4,280$3,052$2,143$1,486$1,165
30 years$5,639$4,042$2,842$1,967$1,343$1,042
31 years$5,398$3,821$2,650$1,806$1,214$932
32 years$5,172$3,616$2,472$1,660$1,098$834
33 years$4,961$3,424$2,309$1,526$994$747
34 years$4,762$3,245$2,157$1,404$900$669
35 years$4,575$3,078$2,017$1,293$815$600
36 years$4,399$2,922$1,886$1,191$738$537
37 years$4,233$2,775$1,766$1,097$669$482
38 years$4,076$2,637$1,654$1,011$607$432
39 years$3,928$2,508$1,549$932$550$388
40 years$3,787$2,386$1,452$860$499$348
41 years$3,653$2,271$1,362$793$453$312
42 years$3,527$2,163$1,277$732$411$280
43 years$3,406$2,061$1,198$676$373$251
44 years$3,291$1,964$1,125$624$338$225
45 years$3,182$1,873$1,056$576$307$202
46 years$3,077$1,787$992$532$279$182
47 years$2,978$1,705$932$492$253$163
48 years$2,883$1,628$876$455$230$146
49 years$2,792$1,555$823$420$209$131
50 years$2,704$1,485$774$388$190$118

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 $6,318 every year, while hoping to spend $21,823 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: 70/25/5 Blend
29$2,770,000$2,770,000$2,770,000$2,770,000
30$3,059,057$2,912,247$2,869,312$3,271,209
31$3,347,861$3,031,728$2,942,214$3,531,631
32$3,665,392$3,156,331$3,016,828$3,813,170
33$4,014,557$3,286,286$3,093,186$4,120,606
34$4,398,558$3,421,831$3,171,324$4,456,475
35$4,820,925$3,563,214$3,251,277$4,823,567
36$5,285,545$3,710,697$3,333,081$5,224,950
37$5,796,702$3,864,553$3,416,770$5,664,003
38$6,359,116$4,025,067$3,502,383$6,144,443
39$6,977,988$4,192,537$3,589,954$6,670,362
40$7,659,047$4,367,275$3,679,522$7,246,265
41$8,408,607$4,549,609$3,771,124$7,877,109
42$9,233,625$4,739,880$3,864,797$8,568,352
43$10,141,766$4,938,446$3,960,579$9,326,003
44$11,141,476$5,145,680$4,058,508$10,156,678
45$12,242,063$5,361,974$4,158,624$11,067,660
46$13,453,779$5,587,737$4,260,964$12,066,969
47$14,787,927$5,823,398$4,365,568$13,163,437
48$16,256,956$6,069,404$4,472,475$14,366,789
49$17,874,586$6,326,226$4,581,724$15,687,732
50$19,655,937$6,594,355$4,693,355$17,138,060
51$21,617,667$6,874,302$4,807,407$18,730,761
52$23,778,133$7,166,608$4,923,919$20,480,139
53$26,157,565$7,471,833$5,042,932$22,401,947
54$28,778,251$7,790,567$5,164,485$24,513,537
55$31,664,754$8,123,427$5,288,617$26,834,020
56$34,844,141$8,471,057$5,415,368$29,384,446
57$38,346,238$8,834,133$5,544,777$32,188,003
58$42,203,910$9,213,361$5,676,883$35,270,230
59$46,453,375$9,609,482$5,811,724$38,659,262
60$51,134,542$10,023,270$5,949,340$42,386,091
61$56,291,391$10,455,535$6,089,768$46,484,855
62$61,972,383$10,907,127$6,233,046$50,993,165
63$68,230,924$11,378,934$6,379,211$55,952,451
64$75,125,862$11,871,886$6,528,299$61,408,356
65$82,722,049$12,386,957$6,680,346$67,411,162
66$91,090,948$12,925,168$6,835,387$74,016,267
67$100,311,308$13,487,585$6,993,456$81,284,700
68$110,469,912$14,075,327$7,154,587$89,283,699
69$121,662,389$14,689,563$7,318,811$98,087,342
70$133,994,121$15,331,521$7,486,160$107,777,245
71$147,581,239$16,002,483$7,656,664$118,443,327
72$162,551,714$16,703,793$7,830,351$130,184,661
73$179,046,568$17,436,858$8,007,247$143,110,402
74$197,221,207$18,203,153$8,187,379$157,340,817
75$217,246,884$19,004,221$8,370,770$173,008,418
76$239,312,317$19,841,679$8,557,441$190,259,206
77$263,625,470$20,717,219$8,747,413$209,254,052
78$290,415,520$21,632,614$8,940,703$230,170,207
79$319,935,012$22,589,721$9,137,325$253,202,973
80$352,462,252$23,590,486$9,337,294$278,567,546
81$388,303,926$24,636,945$9,540,619$306,501,040
82$427,798,003$25,731,232$9,747,306$337,264,723
83$471,316,919$26,875,581$9,957,360$371,146,478
84$519,271,095$28,072,335$10,170,782$408,463,520
85$572,112,813$29,323,946$10,387,569$449,565,381
86$630,340,482$30,632,981$10,607,714$494,837,208
87$694,503,346$32,002,132$10,831,208$544,703,394
88$765,206,668$33,434,217$11,058,034$599,631,577
89$843,117,445$34,932,190$11,288,175$660,137,052
90$928,970,701$36,499,145$11,521,606$726,787,627
91$1,023,576,431$38,138,321$11,758,298$800,208,981
92$1,127,827,243$39,853,114$11,998,217$881,090,561
93$1,242,706,787$41,647,082$12,241,322$970,192,085
94$1,369,299,041$43,523,951$12,487,569$1,068,350,711
95$1,508,798,544$45,487,626$12,736,903$1,176,488,926
96$1,662,521,673$47,542,198$12,989,267$1,295,623,255
97$1,831,919,071$49,691,952$13,244,594$1,426,873,842
98$2,018,589,338$51,941,380$13,502,810$1,571,475,026
99$2,224,294,131$54,295,187$13,763,834$1,730,786,976
100$2,450,974,785$56,758,305$14,027,576$1,906,308,528