Can I retire at age 30 with 2,780,000?

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 $2,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$229,570$227,525$225,530$223,583$221,681$219,366
2 years$113,648$111,532$109,481$107,492$105,562$103,231
3 years$75,013$72,887$70,841$68,871$66,973$64,698
4 years$55,699$53,580$51,554$49,618$47,766$45,564
5 years$44,114$42,007$40,008$38,111$36,311$34,189
6 years$36,393$34,302$32,333$30,478$28,732$26,692
7 years$30,880$28,807$26,869$25,057$23,366$21,411
8 years$26,747$24,693$22,787$21,020$19,385$17,512
9 years$23,534$21,500$19,626$17,904$16,325$14,535
10 years$20,966$18,951$17,110$15,434$13,909$12,202
11 years$18,866$16,871$15,064$13,432$11,963$10,335
12 years$17,117$15,142$13,369$11,782$10,367$8,817
13 years$15,638$13,684$11,944$10,401$9,040$7,567
14 years$14,372$12,439$10,732$9,233$7,924$6,526
15 years$13,275$11,363$9,689$8,234$6,977$5,652
16 years$12,316$10,425$8,785$7,373$6,166$4,911
17 years$11,472$9,601$7,994$6,625$5,468$4,280
18 years$10,721$8,872$7,297$5,970$4,862$3,740
19 years$10,051$8,222$6,680$5,395$4,333$3,275
20 years$9,448$7,641$6,131$4,886$3,870$2,873
21 years$8,904$7,117$5,639$4,434$3,464$2,524
22 years$8,409$6,643$5,197$4,032$3,105$2,221
23 years$7,959$6,213$4,799$3,672$2,787$1,957
24 years$7,546$5,822$4,438$3,349$2,505$1,726
25 years$7,167$5,463$4,111$3,058$2,254$1,523
26 years$6,818$5,135$3,812$2,796$2,030$1,346
27 years$6,495$4,832$3,540$2,560$1,831$1,190
28 years$6,196$4,553$3,291$2,345$1,652$1,052
29 years$5,918$4,296$3,063$2,151$1,491$931
30 years$5,659$4,057$2,853$1,974$1,348$825
31 years$5,417$3,835$2,659$1,813$1,218$731
32 years$5,191$3,629$2,481$1,666$1,102$648
33 years$4,979$3,436$2,317$1,532$997$574
34 years$4,779$3,257$2,165$1,409$903$509
35 years$4,592$3,089$2,024$1,298$818$452
36 years$4,415$2,932$1,893$1,195$741$401
37 years$4,249$2,785$1,772$1,101$672$356
38 years$4,091$2,647$1,659$1,015$609$316
39 years$3,942$2,517$1,555$936$552$280
40 years$3,801$2,394$1,457$863$501$249
41 years$3,667$2,279$1,366$796$454$221
42 years$3,539$2,171$1,282$735$412$196
43 years$3,418$2,068$1,203$678$374$174
44 years$3,303$1,971$1,129$626$340$155
45 years$3,193$1,880$1,060$578$308$138
46 years$3,088$1,793$996$534$280$122
47 years$2,989$1,711$935$494$254$109
48 years$2,893$1,634$879$456$231$96
49 years$2,802$1,560$826$422$210$86
50 years$2,714$1,490$777$390$190$76

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,780,000, adding $5,051 every year, while hoping to spend $23,298 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: 43/40/17 Blend
29$2,780,000$2,780,000$2,780,000$2,780,000
30$3,068,770$2,921,430$2,878,340$3,185,349
31$3,356,996$3,039,791$2,949,976$3,386,253
32$3,673,840$3,163,171$3,023,230$3,601,087
33$4,022,196$3,291,792$3,098,133$3,833,344
34$4,405,254$3,425,883$3,174,715$4,084,637
35$4,826,527$3,565,689$3,253,004$4,356,738
36$5,289,886$3,711,460$3,333,033$4,651,593
37$5,799,595$3,863,463$3,414,831$4,971,339
38$6,360,355$4,021,973$3,498,428$5,318,324
39$6,977,341$4,187,281$3,583,856$5,695,128
40$7,656,260$4,359,687$3,671,145$6,104,588
41$8,403,396$4,539,509$3,760,326$6,549,819
42$9,225,675$4,727,078$3,851,430$7,034,248
43$10,130,728$4,922,739$3,944,487$7,561,642
44$11,126,964$5,126,855$4,039,528$8,136,142
45$12,223,647$5,339,803$4,136,586$8,762,302
46$13,430,986$5,561,981$4,235,689$9,445,133
47$14,760,231$5,793,802$4,336,868$10,190,144
48$16,223,776$6,035,700$4,440,155$11,003,395
49$17,835,279$6,288,128$4,545,578$11,891,555
50$19,609,792$6,551,560$4,653,169$12,861,959
51$21,563,897$6,826,493$4,762,957$13,922,680
52$23,715,869$7,113,445$4,874,970$15,082,599
53$26,085,844$7,412,961$4,989,238$16,351,492
54$28,696,012$7,725,607$5,105,789$17,740,117
55$31,570,823$8,051,980$5,224,652$19,260,315
56$34,737,222$8,392,702$5,345,852$20,925,119
57$38,224,897$8,748,423$5,469,417$22,748,877
58$42,066,567$9,119,826$5,595,373$24,747,382
59$46,298,283$9,507,624$5,723,744$26,938,022
60$50,959,773$9,912,563$5,854,554$29,339,939
61$56,094,815$10,335,424$5,987,828$31,974,211
62$61,751,652$10,777,026$6,123,586$34,864,045
63$67,983,445$11,238,224$6,261,850$38,034,994
64$74,848,773$11,719,914$6,402,639$41,515,198
65$82,412,192$12,223,034$6,545,971$45,335,641
66$90,744,838$12,748,565$6,691,864$49,530,450
67$99,925,102$13,297,535$6,840,332$54,137,203
68$110,039,369$13,871,020$6,991,389$59,197,288
69$121,182,830$14,470,146$7,145,046$64,756,289
70$133,460,387$15,096,092$7,301,314$70,864,410
71$146,987,638$15,750,091$7,460,199$77,576,947
72$161,891,968$16,433,437$7,621,707$84,954,808
73$178,313,755$17,147,481$7,785,840$93,065,079
74$196,407,692$17,893,642$7,952,599$101,981,658
75$216,344,247$18,673,401$8,121,982$111,785,946
76$238,311,274$19,488,312$8,293,983$122,567,609
77$262,515,786$20,340,000$8,468,593$134,425,423
78$289,185,905$21,230,170$8,645,800$147,468,201
79$318,573,023$22,160,603$8,825,589$161,815,810
80$350,954,166$23,133,168$9,007,941$177,600,304
81$386,634,617$24,149,819$9,192,833$194,967,161
82$425,950,792$25,212,604$9,380,237$214,076,649
83$469,273,419$26,323,668$9,570,122$235,105,336
84$517,011,038$27,485,258$9,762,451$258,247,749
85$569,613,853$28,699,724$9,957,182$283,718,202
86$627,577,987$29,969,532$10,154,269$311,752,813
87$691,450,164$31,297,261$10,353,659$342,611,727
88$761,832,868$32,685,615$10,555,294$376,581,562
89$839,390,034$34,137,424$10,759,110$413,978,105
90$924,853,313$35,655,653$10,965,036$455,149,289
91$1,019,028,979$37,243,408$11,172,993$500,478,466
92$1,122,805,543$38,903,943$11,382,896$550,388,016
93$1,237,162,139$40,640,666$11,594,653$605,343,324
94$1,363,177,765$42,457,147$11,808,162$665,857,166
95$1,502,041,476$44,357,126$12,023,314$732,494,537
96$1,655,063,602$46,344,521$12,239,990$805,877,974
97$1,823,688,122$48,423,435$12,458,063$886,693,422
98$2,009,506,297$50,598,170$12,677,394$975,696,694
99$2,214,271,687$52,873,229$12,897,836$1,073,720,599
100$2,439,916,714$55,253,332$13,119,228$1,181,682,785