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

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 $2,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$232,047$229,980$227,964$225,995$224,073$218,656
2 years$114,875$112,735$110,662$108,652$106,702$101,277
3 years$75,822$73,674$71,606$69,614$67,696$62,433
4 years$56,300$54,158$52,111$50,153$48,281$43,220
5 years$44,590$42,461$40,440$38,522$36,703$31,858
6 years$36,785$34,672$32,681$30,807$29,042$24,418
7 years$31,213$29,118$27,158$25,328$23,619$19,216
8 years$27,036$24,959$23,033$21,247$19,594$15,411
9 years$23,788$21,732$19,838$18,098$16,501$12,535
10 years$21,192$19,155$17,295$15,600$14,060$10,306
11 years$19,069$17,053$15,226$13,577$12,092$8,544
12 years$17,301$15,306$13,513$11,909$10,478$7,132
13 years$15,807$13,832$12,073$10,514$9,137$5,985
14 years$14,527$12,573$10,848$9,333$8,010$5,045
15 years$13,418$11,485$9,794$8,323$7,052$4,268
16 years$12,449$10,538$8,880$7,453$6,233$3,621
17 years$11,595$9,705$8,080$6,696$5,527$3,080
18 years$10,837$8,968$7,376$6,035$4,914$2,626
19 years$10,159$8,311$6,752$5,453$4,380$2,242
20 years$9,550$7,723$6,197$4,938$3,912$1,918
21 years$9,000$7,194$5,700$4,482$3,501$1,642
22 years$8,500$6,715$5,254$4,075$3,138$1,408
23 years$8,045$6,281$4,851$3,711$2,817$1,208
24 years$7,628$5,884$4,486$3,385$2,532$1,037
25 years$7,245$5,522$4,155$3,091$2,278$891
26 years$6,892$5,190$3,854$2,827$2,052$766
27 years$6,565$4,884$3,578$2,587$1,850$659
28 years$6,263$4,603$3,327$2,370$1,670$567
29 years$5,982$4,342$3,096$2,174$1,508$488
30 years$5,720$4,101$2,883$1,995$1,362$421
31 years$5,475$3,876$2,688$1,832$1,232$362
32 years$5,247$3,668$2,508$1,684$1,114$312
33 years$5,032$3,474$2,342$1,548$1,008$269
34 years$4,831$3,292$2,188$1,425$913$232
35 years$4,641$3,123$2,046$1,312$827$200
36 years$4,463$2,964$1,914$1,208$749$172
37 years$4,294$2,815$1,791$1,113$679$149
38 years$4,135$2,675$1,677$1,026$616$128
39 years$3,985$2,544$1,572$946$558$110
40 years$3,842$2,420$1,473$872$506$95
41 years$3,706$2,304$1,381$805$459$82
42 years$3,578$2,194$1,296$743$417$71
43 years$3,455$2,090$1,216$686$378$61
44 years$3,339$1,993$1,141$633$343$53
45 years$3,228$1,900$1,072$585$312$45
46 years$3,122$1,813$1,006$540$283$39
47 years$3,021$1,730$946$499$257$34
48 years$2,924$1,651$889$461$233$29
49 years$2,832$1,577$835$426$212$25
50 years$2,744$1,506$785$394$193$22

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 $5,330 every year, while hoping to spend $33,313 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: 31/48/21 Blend
29$2,810,000$2,810,000$2,810,000$2,810,000
30$3,102,118$2,953,188$2,909,633$3,177,885
31$3,383,089$3,062,449$2,971,661$3,344,894
32$3,691,603$3,175,948$3,034,650$3,521,177
33$4,030,433$3,293,857$3,098,598$3,710,248
34$4,402,637$3,416,355$3,163,500$3,913,241
35$4,811,579$3,543,630$3,229,351$4,131,397
36$5,260,970$3,675,877$3,296,144$4,366,082
37$5,754,895$3,813,301$3,363,871$4,618,793
38$6,297,856$3,956,114$3,432,522$4,891,171
39$6,894,811$4,104,537$3,502,085$5,185,021
40$7,551,224$4,258,803$3,572,548$5,502,323
41$8,273,116$4,419,151$3,643,895$5,845,251
42$9,067,118$4,585,834$3,716,110$6,216,194
43$9,940,538$4,759,114$3,789,173$6,617,776
44$10,901,427$4,939,264$3,863,065$7,052,882
45$11,958,656$5,126,571$3,937,761$7,524,681
46$13,121,998$5,321,333$4,013,235$8,036,656
47$14,402,224$5,523,860$4,089,460$8,592,637
48$15,811,198$5,734,477$4,166,405$9,196,835
49$17,361,997$5,953,522$4,244,035$9,853,878
50$19,069,025$6,181,349$4,322,315$10,568,860
51$20,948,158$6,418,328$4,401,205$11,347,380
52$23,016,886$6,664,842$4,480,662$12,195,597
53$25,294,483$6,921,294$4,560,638$13,120,289
54$27,802,186$7,188,103$4,641,086$14,128,912
55$30,563,396$7,465,707$4,721,949$15,229,668
56$33,603,900$7,754,563$4,803,171$16,431,583
57$36,952,110$8,055,150$4,884,690$17,744,593
58$40,639,337$8,367,964$4,966,439$19,179,630
59$44,700,082$8,693,526$5,048,347$20,748,726
60$49,172,361$9,032,381$5,130,338$22,465,126
61$54,098,069$9,385,094$5,212,331$24,343,411
62$59,523,368$9,752,260$5,294,240$26,399,630
63$65,499,128$10,134,496$5,375,973$28,651,453
64$72,081,402$10,532,450$5,457,432$31,118,335
65$79,331,962$10,946,797$5,538,513$33,821,693
66$87,318,874$11,378,242$5,619,104$36,785,114
67$96,117,145$11,827,522$5,699,090$40,034,565
68$105,809,430$12,295,406$5,778,346$43,598,646
69$116,486,810$12,782,699$5,856,739$47,508,847
70$128,249,655$13,290,242$5,934,130$51,799,850
71$141,208,567$13,818,911$6,010,371$56,509,849
72$155,485,428$14,369,625$6,085,305$61,680,910
73$171,214,547$14,943,342$6,158,768$67,359,361
74$188,543,929$15,541,064$6,230,585$73,596,231
75$207,636,671$16,163,837$6,300,571$80,447,725
76$228,672,502$16,812,756$6,368,530$87,975,751
77$251,849,480$17,488,963$6,434,259$96,248,500
78$277,385,860$18,193,656$6,497,540$105,341,088
79$305,522,154$18,928,081$6,558,144$115,336,258
80$336,523,403$19,693,546$6,615,830$126,325,159
81$370,681,675$20,491,415$6,670,346$138,408,200
82$408,318,828$21,323,116$6,721,425$151,695,996
83$449,789,540$22,190,141$6,768,784$166,310,400
84$495,484,664$23,094,048$6,812,129$182,385,660
85$545,834,912$24,036,470$6,851,148$200,069,668
86$601,314,927$25,019,111$6,885,516$219,525,359
87$662,447,757$26,043,754$6,914,887$240,932,242
88$729,809,794$27,112,264$6,938,902$264,488,083
89$804,036,218$28,226,590$6,957,181$290,410,774
90$885,826,992$29,388,772$6,969,325$318,940,375
91$975,953,465$30,600,942$6,974,918$350,341,379
92$1,075,265,660$31,865,330$6,973,519$384,905,198
93$1,184,700,295$33,184,269$6,964,670$422,952,910
94$1,305,289,625$34,560,198$6,947,886$464,838,277
95$1,438,171,189$35,995,669$6,922,662$510,951,080
96$1,584,598,545$37,493,352$6,888,466$561,720,791
97$1,745,953,110$39,056,040$6,844,743$617,620,614
98$1,923,757,194$40,686,653$6,790,909$679,171,945
99$2,119,688,376$42,388,247$6,726,352$746,949,285
100$2,335,595,339$44,164,019$6,650,434$821,585,654