Can I retire at age 30 with 2,810,000?

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 $2,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$232,047$229,980$227,964$225,995$224,073$219,909
2 years$114,875$112,735$110,662$108,652$106,702$102,522
3 years$75,822$73,674$71,606$69,614$67,696$63,631
4 years$56,300$54,158$52,111$50,153$48,281$44,362
5 years$44,590$42,461$40,440$38,522$36,703$32,941
6 years$36,785$34,672$32,681$30,807$29,042$25,441
7 years$31,213$29,118$27,158$25,328$23,619$20,180
8 years$27,036$24,959$23,033$21,247$19,594$16,317
9 years$23,788$21,732$19,838$18,098$16,501$13,383
10 years$21,192$19,155$17,295$15,600$14,060$11,099
11 years$19,069$17,053$15,226$13,577$12,092$9,284
12 years$17,301$15,306$13,513$11,909$10,478$7,820
13 years$15,807$13,832$12,073$10,514$9,137$6,624
14 years$14,527$12,573$10,848$9,333$8,010$5,637
15 years$13,418$11,485$9,794$8,323$7,052$4,815
16 years$12,449$10,538$8,880$7,453$6,233$4,126
17 years$11,595$9,705$8,080$6,696$5,527$3,546
18 years$10,837$8,968$7,376$6,035$4,914$3,054
19 years$10,159$8,311$6,752$5,453$4,380$2,635
20 years$9,550$7,723$6,197$4,938$3,912$2,278
21 years$9,000$7,194$5,700$4,482$3,501$1,971
22 years$8,500$6,715$5,254$4,075$3,138$1,708
23 years$8,045$6,281$4,851$3,711$2,817$1,482
24 years$7,628$5,884$4,486$3,385$2,532$1,287
25 years$7,245$5,522$4,155$3,091$2,278$1,118
26 years$6,892$5,190$3,854$2,827$2,052$972
27 years$6,565$4,884$3,578$2,587$1,850$846
28 years$6,263$4,603$3,327$2,370$1,670$736
29 years$5,982$4,342$3,096$2,174$1,508$641
30 years$5,720$4,101$2,883$1,995$1,362$558
31 years$5,475$3,876$2,688$1,832$1,232$487
32 years$5,247$3,668$2,508$1,684$1,114$424
33 years$5,032$3,474$2,342$1,548$1,008$370
34 years$4,831$3,292$2,188$1,425$913$323
35 years$4,641$3,123$2,046$1,312$827$281
36 years$4,463$2,964$1,914$1,208$749$245
37 years$4,294$2,815$1,791$1,113$679$214
38 years$4,135$2,675$1,677$1,026$616$187
39 years$3,985$2,544$1,572$946$558$163
40 years$3,842$2,420$1,473$872$506$142
41 years$3,706$2,304$1,381$805$459$124
42 years$3,578$2,194$1,296$743$417$108
43 years$3,455$2,090$1,216$686$378$95
44 years$3,339$1,993$1,141$633$343$83
45 years$3,228$1,900$1,072$585$312$72
46 years$3,122$1,813$1,006$540$283$63
47 years$3,021$1,730$946$499$257$55
48 years$2,924$1,651$889$461$233$48
49 years$2,832$1,577$835$426$212$42
50 years$2,744$1,506$785$394$193$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,810,000, adding $5,731 every year, while hoping to spend $54,778 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: 60/18/22 Blend
29$2,810,000$2,810,000$2,810,000$2,810,000
30$3,102,532$2,953,602$2,910,047$3,270,293
31$3,360,706$3,040,045$2,949,250$3,471,202
32$3,643,379$3,128,888$2,987,930$3,683,817
33$3,952,991$3,220,190$3,026,013$3,914,577
34$4,292,229$3,314,013$3,063,418$4,165,254
35$4,664,055$3,410,418$3,100,061$4,437,796
36$5,071,729$3,509,469$3,135,853$4,734,351
37$5,518,842$3,611,229$3,170,701$5,057,286
38$6,009,349$3,715,764$3,204,504$5,409,204
39$6,547,606$3,823,140$3,237,159$5,792,976
40$7,138,413$3,933,425$3,268,554$6,211,762
41$7,787,055$4,046,687$3,298,575$6,669,043
42$8,499,354$4,162,995$3,327,097$7,168,656
43$9,281,727$4,282,419$3,353,993$7,714,826
44$10,141,237$4,405,032$3,379,126$8,312,206
45$11,085,670$4,530,905$3,402,353$8,965,926
46$12,123,600$4,660,112$3,423,525$9,681,636
47$13,264,477$4,792,727$3,442,482$10,465,560
48$14,518,707$4,928,824$3,459,059$11,324,558
49$15,897,758$5,068,479$3,473,080$12,266,185
50$17,414,264$5,211,769$3,484,363$13,298,768
51$19,082,144$5,358,771$3,492,714$14,431,482
52$20,916,734$5,509,562$3,497,931$15,674,436
53$22,934,930$5,664,220$3,499,801$17,038,768
54$25,155,351$5,822,825$3,498,102$18,536,752
55$27,598,507$5,985,454$3,492,599$20,181,914
56$30,287,001$6,152,187$3,483,048$21,989,156
57$33,245,735$6,323,104$3,469,189$23,974,901
58$36,502,148$6,498,284$3,450,755$26,157,245
59$40,086,473$6,677,806$3,427,461$28,556,130
60$44,032,024$6,861,749$3,399,012$31,193,531
61$48,375,508$7,050,193$3,365,097$34,093,662
62$53,157,373$7,243,215$3,325,391$37,283,210
63$58,422,186$7,440,894$3,279,552$40,791,580
64$64,219,057$7,643,306$3,227,225$44,651,176
65$70,602,100$7,850,527$3,168,036$48,897,709
66$77,630,943$8,062,632$3,101,595$53,570,531
67$85,371,292$8,279,693$3,027,491$58,713,007
68$93,895,550$8,501,784$2,945,298$64,372,927
69$103,283,498$8,728,974$2,854,567$70,602,954
70$113,623,051$8,961,329$2,754,831$77,461,125
71$125,011,084$9,198,916$2,645,600$85,011,394
72$137,554,349$9,441,797$2,526,362$93,324,241
73$151,370,479$9,690,032$2,396,581$102,477,336
74$166,589,100$9,943,676$2,255,699$112,556,272
75$183,353,053$10,202,781$2,103,131$123,655,372
76$201,819,744$10,467,397$1,938,265$135,878,584
77$222,162,625$10,737,566$1,760,463$149,340,456
78$244,572,833$11,013,328$1,569,060$164,167,228
79$269,260,996$11,294,714$1,363,357$180,498,012
80$296,459,216$11,581,754$1,142,628$198,486,116
81$326,423,262$11,874,466$906,112$218,300,487
82$359,434,986$12,172,866$653,018$240,127,306
83$395,804,976$12,476,958$382,516$264,171,749
84$435,875,496$12,786,741$93,742$290,659,924
85$480,023,708$13,102,203$0$319,841,005
86$528,665,240$13,423,324$0$352,039,922
87$582,258,099$13,750,072$0$387,535,701
88$641,307,003$14,082,404$0$426,640,024
89$706,368,141$14,420,265$0$469,720,630
90$778,054,422$14,763,589$0$517,182,761
91$857,041,260$15,112,292$0$569,472,985
92$944,072,952$15,466,278$0$627,083,409
93$1,039,969,702$15,825,434$0$690,556,330
94$1,145,635,361$16,189,630$0$760,489,347
95$1,262,065,963$16,558,717$0$837,541,010
96$1,390,359,124$16,932,527$0$922,437,026
97$1,531,724,405$17,310,870$0$1,015,977,121
98$1,687,494,726$17,693,535$0$1,119,042,580
99$1,859,138,954$18,080,284$0$1,232,604,570
100$2,048,275,767$18,470,857$0$1,357,733,310