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%18.5%
1 years$232,047$229,980$227,964$225,995$224,073$216,381
2 years$114,875$112,735$110,662$108,652$106,702$99,030
3 years$75,822$73,674$71,606$69,614$67,696$60,286
4 years$56,300$54,158$52,111$50,153$48,281$41,190
5 years$44,590$42,461$40,440$38,522$36,703$29,949
6 years$36,785$34,672$32,681$30,807$29,042$22,630
7 years$31,213$29,118$27,158$25,328$23,619$17,548
8 years$27,036$24,959$23,033$21,247$19,594$13,860
9 years$23,788$21,732$19,838$18,098$16,501$11,096
10 years$21,192$19,155$17,295$15,600$14,060$8,976
11 years$19,069$17,053$15,226$13,577$12,092$7,318
12 years$17,301$15,306$13,513$11,909$10,478$6,004
13 years$15,807$13,832$12,073$10,514$9,137$4,951
14 years$14,527$12,573$10,848$9,333$8,010$4,099
15 years$13,418$11,485$9,794$8,323$7,052$3,405
16 years$12,449$10,538$8,880$7,453$6,233$2,835
17 years$11,595$9,705$8,080$6,696$5,527$2,367
18 years$10,837$8,968$7,376$6,035$4,914$1,979
19 years$10,159$8,311$6,752$5,453$4,380$1,657
20 years$9,550$7,723$6,197$4,938$3,912$1,389
21 years$9,000$7,194$5,700$4,482$3,501$1,166
22 years$8,500$6,715$5,254$4,075$3,138$980
23 years$8,045$6,281$4,851$3,711$2,817$824
24 years$7,628$5,884$4,486$3,385$2,532$693
25 years$7,245$5,522$4,155$3,091$2,278$583
26 years$6,892$5,190$3,854$2,827$2,052$491
27 years$6,565$4,884$3,578$2,587$1,850$413
28 years$6,263$4,603$3,327$2,370$1,670$348
29 years$5,982$4,342$3,096$2,174$1,508$294
30 years$5,720$4,101$2,883$1,995$1,362$247
31 years$5,475$3,876$2,688$1,832$1,232$209
32 years$5,247$3,668$2,508$1,684$1,114$176
33 years$5,032$3,474$2,342$1,548$1,008$148
34 years$4,831$3,292$2,188$1,425$913$125
35 years$4,641$3,123$2,046$1,312$827$106
36 years$4,463$2,964$1,914$1,208$749$89
37 years$4,294$2,815$1,791$1,113$679$75
38 years$4,135$2,675$1,677$1,026$616$63
39 years$3,985$2,544$1,572$946$558$53
40 years$3,842$2,420$1,473$872$506$45
41 years$3,706$2,304$1,381$805$459$38
42 years$3,578$2,194$1,296$743$417$32
43 years$3,455$2,090$1,216$686$378$27
44 years$3,339$1,993$1,141$633$343$23
45 years$3,228$1,900$1,072$585$312$19
46 years$3,122$1,813$1,006$540$283$16
47 years$3,021$1,730$946$499$257$14
48 years$2,924$1,651$889$461$233$12
49 years$2,832$1,577$835$426$212$10
50 years$2,744$1,506$785$394$193$8

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 $6,234 every year, while hoping to spend $24,646 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: 73/11/16 Blend
29$2,810,000$2,810,000$2,810,000$2,810,000
30$3,103,050$2,954,120$2,910,565$3,317,899
31$3,393,338$3,072,649$2,981,846$3,579,671
32$3,712,410$3,196,160$3,054,689$3,862,718
33$4,063,174$3,324,870$3,129,120$4,172,127
34$4,448,838$3,459,009$3,205,165$4,510,506
35$4,872,933$3,598,814$3,282,851$4,880,728
36$5,339,350$3,744,534$3,362,205$5,285,959
37$5,852,377$3,896,429$3,443,253$5,729,680
38$6,416,738$4,054,773$3,526,020$6,215,729
39$7,037,638$4,219,849$3,610,534$6,748,328
40$7,720,811$4,391,955$3,696,821$7,332,131
41$8,472,575$4,571,403$3,784,906$7,972,261
42$9,299,893$4,758,517$3,874,815$8,674,360
43$10,210,435$4,953,638$3,966,575$9,444,642
44$11,212,655$5,157,121$4,060,210$10,289,953
45$12,315,864$5,369,339$4,155,746$11,217,832
46$13,530,326$5,590,680$4,253,207$12,236,583
47$14,867,348$5,821,551$4,352,618$13,355,354
48$16,339,389$6,062,379$4,454,002$14,584,222
49$17,960,178$6,313,607$4,557,383$15,934,286
50$19,744,845$6,575,702$4,662,784$17,417,774
51$21,710,058$6,849,151$4,770,226$19,048,157
52$23,874,188$7,134,463$4,879,732$20,840,273
53$26,257,474$7,432,171$4,991,323$22,810,471
54$28,882,221$7,742,832$5,105,017$24,976,762
55$31,773,006$8,067,030$5,220,834$27,358,988
56$34,956,913$8,405,374$5,338,792$29,979,009
57$38,463,785$8,758,504$5,458,908$32,860,910
58$42,326,508$9,127,088$5,581,198$36,031,226
59$46,581,320$9,511,823$5,705,676$39,519,193
60$51,268,154$9,913,442$5,832,356$43,357,022
61$56,431,015$10,332,710$5,961,249$47,580,203
62$62,118,393$10,770,427$6,092,366$52,227,840
63$68,383,723$11,227,433$6,225,714$57,343,016
64$75,285,889$11,704,603$6,361,301$62,973,203
65$82,889,777$12,202,855$6,499,132$69,170,708
66$91,266,890$12,723,151$6,639,209$75,993,162
67$100,496,023$13,266,496$6,781,533$83,504,070
68$110,664,004$13,833,941$6,926,101$91,773,403
69$121,866,518$14,426,589$7,072,911$100,878,261
70$134,209,003$15,045,593$7,221,954$110,903,598
71$147,807,654$15,692,159$7,373,221$121,943,025
72$162,790,510$16,367,551$7,526,700$134,099,690
73$179,298,672$17,073,091$7,682,375$147,487,252
74$197,487,628$17,810,163$7,840,225$162,230,951
75$217,528,723$18,580,218$8,000,229$178,468,792
76$239,610,776$19,384,772$8,162,360$196,352,843
77$263,941,863$20,225,414$8,326,588$216,050,672
78$290,751,281$21,103,807$8,492,876$237,746,925
79$320,291,711$22,021,693$8,661,187$261,645,069
80$352,841,605$22,980,895$8,831,476$287,969,309
81$388,707,812$23,983,323$9,003,694$316,966,708
82$428,228,478$25,030,975$9,177,787$348,909,511
83$471,776,235$26,125,944$9,353,695$384,097,719
84$519,761,719$27,270,423$9,531,351$422,861,913
85$572,637,448$28,466,708$9,710,685$465,566,380
86$630,902,092$29,717,201$9,891,618$512,612,545
87$695,105,182$31,024,421$10,074,064$564,442,760
88$765,852,297$32,391,004$10,257,931$621,544,478
89$843,810,778$33,819,710$10,443,119$684,454,851
90$929,716,033$35,313,431$10,629,519$753,765,801
91$1,024,378,476$36,875,197$10,817,015$830,129,605
92$1,128,691,177$38,508,178$11,005,482$914,265,048
93$1,243,638,296$40,215,697$11,194,784$1,006,964,207
94$1,370,304,370$42,001,235$11,384,778$1,109,099,930
95$1,509,884,556$43,868,435$11,575,307$1,221,634,064
96$1,663,695,908$45,821,116$11,766,208$1,345,626,544
97$1,833,189,816$47,863,276$11,957,302$1,482,245,387
98$2,019,965,707$49,999,106$12,148,401$1,632,777,718
99$2,225,786,140$52,232,993$12,339,303$1,798,641,922
100$2,452,593,451$54,569,534$12,529,794$1,981,401,024