Can I retire at age 30 with 2,790,000?

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 $2,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$230,396$228,343$226,341$224,387$222,479$216,224
2 years$114,057$111,933$109,874$107,878$105,942$99,688
3 years$75,283$73,149$71,096$69,119$67,214$61,157
4 years$55,899$53,773$51,740$49,796$47,938$42,124
5 years$44,272$42,158$40,152$38,248$36,441$30,887
6 years$36,524$34,425$32,449$30,587$28,835$23,544
7 years$30,991$28,910$26,965$25,148$23,450$18,424
8 years$26,843$24,782$22,869$21,096$19,454$14,690
9 years$23,619$21,577$19,697$17,969$16,383$11,876
10 years$21,041$19,019$17,172$15,489$13,960$9,703
11 years$18,933$16,931$15,118$13,480$12,006$7,994
12 years$17,178$15,197$13,417$11,824$10,404$6,628
13 years$15,694$13,733$11,987$10,439$9,072$5,525
14 years$14,423$12,483$10,770$9,266$7,953$4,625
15 years$13,323$11,404$9,724$8,264$7,002$3,886
16 years$12,361$10,463$8,816$7,400$6,189$3,274
17 years$11,513$9,636$8,023$6,648$5,487$2,764
18 years$10,760$8,904$7,324$5,992$4,879$2,339
19 years$10,087$8,252$6,704$5,414$4,349$1,983
20 years$9,482$7,668$6,153$4,903$3,884$1,683
21 years$8,936$7,143$5,660$4,450$3,476$1,430
22 years$8,440$6,667$5,216$4,046$3,116$1,216
23 years$7,987$6,236$4,816$3,685$2,797$1,036
24 years$7,573$5,843$4,454$3,361$2,514$882
25 years$7,193$5,483$4,125$3,069$2,262$752
26 years$6,843$5,153$3,826$2,806$2,038$641
27 years$6,519$4,850$3,553$2,569$1,837$547
28 years$6,218$4,570$3,303$2,354$1,658$467
29 years$5,939$4,311$3,074$2,158$1,497$399
30 years$5,679$4,071$2,863$1,981$1,353$341
31 years$5,436$3,849$2,669$1,819$1,223$291
32 years$5,209$3,642$2,490$1,672$1,106$249
33 years$4,996$3,449$2,325$1,537$1,001$213
34 years$4,797$3,269$2,173$1,415$906$182
35 years$4,608$3,100$2,031$1,302$821$155
36 years$4,431$2,943$1,900$1,199$744$133
37 years$4,264$2,795$1,778$1,105$674$114
38 years$4,106$2,656$1,665$1,018$611$97
39 years$3,956$2,526$1,560$939$554$83
40 years$3,814$2,403$1,463$866$503$71
41 years$3,680$2,287$1,371$799$456$61
42 years$3,552$2,178$1,286$738$414$52
43 years$3,431$2,076$1,207$681$376$44
44 years$3,315$1,978$1,133$629$341$38
45 years$3,205$1,887$1,064$581$309$32
46 years$3,100$1,800$999$536$281$28
47 years$2,999$1,718$939$495$255$24
48 years$2,903$1,640$882$458$232$20
49 years$2,812$1,566$829$423$210$17
50 years$2,724$1,496$780$391$191$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,790,000, adding $4,776 every year, while hoping to spend $32,810 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: 53/29/18 Blend
29$2,790,000$2,790,000$2,790,000$2,790,000
30$3,079,506$2,931,636$2,888,391$3,227,411
31$3,358,707$3,040,377$2,950,243$3,438,027
32$3,665,285$3,153,346$3,013,067$3,663,222
33$4,002,001$3,270,717$3,076,861$3,907,542
34$4,371,891$3,392,668$3,141,622$4,172,813
35$4,778,304$3,519,389$3,207,346$4,461,048
36$5,224,926$3,651,073$3,274,027$4,774,459
37$5,715,819$3,787,926$3,341,658$5,115,479
38$6,255,458$3,930,161$3,410,229$5,486,785
39$6,848,775$4,077,999$3,479,732$5,891,322
40$7,501,200$4,231,671$3,550,153$6,332,331
41$8,218,719$4,391,419$3,621,480$6,813,380
42$9,007,926$4,557,496$3,693,697$7,338,392
43$9,876,085$4,730,164$3,766,786$7,911,688
44$10,831,200$4,909,697$3,840,728$8,538,022
45$11,882,092$5,096,381$3,915,502$9,222,630
46$13,038,477$5,290,516$3,991,083$9,971,272
47$14,311,062$5,492,412$4,067,445$10,790,293
48$15,711,645$5,702,395$4,144,559$11,686,676
49$17,253,225$5,920,803$4,222,393$12,668,111
50$18,950,123$6,147,992$4,300,913$13,743,064
51$20,818,123$6,384,331$4,380,081$14,920,860
52$22,874,614$6,630,206$4,459,856$16,211,764
53$25,138,758$6,886,020$4,540,195$17,627,083
54$27,631,669$7,152,192$4,621,049$19,179,268
55$30,376,613$7,429,164$4,702,368$20,882,032
56$33,399,227$7,717,392$4,784,096$22,750,478
57$36,727,759$8,017,355$4,866,174$24,801,238
58$40,393,339$8,329,554$4,948,539$27,052,636
59$44,430,267$8,654,509$5,031,123$29,524,851
60$48,876,341$8,992,767$5,113,853$32,240,112
61$53,773,212$9,344,897$5,196,651$35,222,903
62$59,166,776$9,711,493$5,279,435$38,500,197
63$65,107,606$10,093,176$5,362,115$42,101,706
64$71,651,435$10,490,594$5,444,599$46,060,158
65$78,859,675$10,904,426$5,526,786$50,411,611
66$86,799,998$11,335,379$5,608,570$55,195,785
67$95,546,978$11,784,193$5,689,837$60,456,440
68$105,182,792$12,251,641$5,770,469$66,241,785
69$115,797,994$12,738,529$5,850,337$72,604,931
70$127,492,373$13,245,701$5,929,308$79,604,394
71$140,375,894$13,774,038$6,007,237$87,304,639
72$154,569,731$14,324,462$6,083,976$95,776,694
73$170,207,418$14,897,935$6,159,363$105,098,813
74$187,436,103$15,495,462$6,233,231$115,357,215
75$206,417,941$16,118,096$6,305,400$126,646,895
76$227,331,623$16,766,934$6,375,682$139,072,517
77$250,374,060$17,443,126$6,443,879$152,749,404
78$275,762,246$18,147,871$6,509,781$167,804,619
79$303,735,303$18,882,425$6,573,167$184,378,164
80$334,556,740$19,648,099$6,633,803$202,624,300
81$368,516,936$20,446,264$6,691,445$222,712,998
82$405,935,888$21,278,356$6,745,832$244,831,545
83$447,166,225$22,145,872$6,796,694$269,186,301
84$492,596,539$23,050,379$6,843,743$296,004,654
85$542,655,056$23,993,518$6,886,679$325,537,153
86$597,813,672$24,977,000$6,925,183$358,059,879
87$658,592,413$26,002,619$6,958,922$393,877,040
88$725,564,340$27,072,249$6,987,547$433,323,845
89$799,360,962$28,187,849$7,010,690$476,769,661
90$880,678,195$29,351,468$7,027,963$524,621,495
91$970,282,932$30,565,251$7,038,960$577,327,838
92$1,069,020,282$31,831,439$7,043,256$635,382,886
93$1,177,821,550$33,152,378$7,040,404$699,331,208
94$1,297,713,024$34,530,521$7,029,934$769,772,879
95$1,429,825,669$35,968,433$7,011,353$847,369,138
96$1,575,405,801$37,468,800$6,984,147$932,848,630
97$1,735,826,850$39,034,429$6,947,774$1,027,014,275
98$1,912,602,331$40,668,258$6,901,666$1,130,750,844
99$2,107,400,127$42,373,360$6,845,230$1,245,033,308
100$2,322,058,237$44,152,952$6,777,842$1,370,936,030