Can I retire at age 30 with 2,820,000?

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 $2,820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$232,873$230,799$228,775$226,800$224,871$218,022
2 years$115,284$113,137$111,056$109,038$107,081$100,240
3 years$76,092$73,936$71,860$69,862$67,937$61,317
4 years$56,501$54,351$52,296$50,332$48,453$42,107
5 years$44,748$42,612$40,584$38,659$36,833$30,777
6 years$36,916$34,796$32,798$30,916$29,145$23,384
7 years$31,324$29,221$27,255$25,418$23,703$18,236
8 years$27,132$25,048$23,114$21,323$19,664$14,489
9 years$23,873$21,809$19,909$18,162$16,560$11,671
10 years$21,267$19,223$17,357$15,656$14,110$9,500
11 years$19,137$17,113$15,281$13,625$12,135$7,796
12 years$17,363$15,360$13,561$11,951$10,516$6,439
13 years$15,863$13,881$12,116$10,551$9,170$5,346
14 years$14,578$12,618$10,886$9,366$8,038$4,456
15 years$13,466$11,526$9,829$8,353$7,078$3,728
16 years$12,494$10,575$8,911$7,479$6,255$3,127
17 years$11,637$9,739$8,109$6,720$5,546$2,629
18 years$10,876$9,000$7,402$6,056$4,931$2,215
19 years$10,196$8,341$6,777$5,472$4,396$1,869
20 years$9,584$7,751$6,219$4,956$3,926$1,579
21 years$9,032$7,219$5,720$4,498$3,513$1,336
22 years$8,530$6,739$5,272$4,090$3,149$1,131
23 years$8,073$6,303$4,868$3,725$2,827$958
24 years$7,655$5,905$4,502$3,397$2,541$812
25 years$7,270$5,542$4,170$3,102$2,287$689
26 years$6,916$5,209$3,867$2,837$2,060$585
27 years$6,589$4,902$3,591$2,596$1,857$497
28 years$6,285$4,619$3,338$2,379$1,676$422
29 years$6,003$4,357$3,107$2,181$1,513$359
30 years$5,740$4,115$2,894$2,002$1,367$305
31 years$5,495$3,890$2,698$1,839$1,236$259
32 years$5,265$3,681$2,517$1,690$1,118$220
33 years$5,050$3,486$2,350$1,554$1,012$187
34 years$4,848$3,304$2,196$1,430$916$159
35 years$4,658$3,134$2,053$1,316$830$135
36 years$4,479$2,974$1,921$1,212$752$115
37 years$4,310$2,825$1,798$1,117$681$98
38 years$4,150$2,685$1,683$1,029$618$83
39 years$3,999$2,553$1,577$949$560$71
40 years$3,855$2,429$1,478$875$508$60
41 years$3,719$2,312$1,386$808$461$51
42 years$3,590$2,202$1,300$745$418$44
43 years$3,467$2,098$1,220$688$380$37
44 years$3,351$2,000$1,145$635$345$32
45 years$3,239$1,907$1,075$587$313$27
46 years$3,133$1,819$1,010$542$284$23
47 years$3,032$1,736$949$501$258$19
48 years$2,935$1,657$892$463$234$17
49 years$2,842$1,583$838$428$213$14
50 years$2,753$1,512$788$395$193$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,820,000, adding $4,182 every year, while hoping to spend $26,186 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: 27/46/27 Blend
29$2,820,000$2,820,000$2,820,000$2,820,000
30$3,111,954$2,962,494$2,918,784$3,169,669
31$3,401,511$3,079,794$2,988,701$3,333,839
32$3,719,726$3,201,965$3,060,083$3,507,444
33$4,069,494$3,329,216$3,132,952$3,693,304
34$4,454,003$3,461,770$3,207,327$3,892,483
35$4,876,770$3,599,855$3,283,231$4,106,142
36$5,341,665$3,743,712$3,360,684$4,335,556
37$5,852,955$3,893,594$3,439,707$4,582,120
38$6,415,339$4,049,763$3,520,320$4,847,367
39$7,033,996$4,212,494$3,602,543$5,132,975
40$7,714,632$4,382,073$3,686,395$5,440,785
41$8,463,531$4,558,802$3,771,897$5,772,819
42$9,287,622$4,742,994$3,859,066$6,131,294
43$10,194,536$4,934,977$3,947,921$6,518,644
44$11,192,681$5,135,094$4,038,479$6,937,541
45$12,291,324$5,343,703$4,130,757$7,390,921
46$13,500,673$5,561,178$4,224,772$7,882,006
47$14,831,979$5,787,913$4,320,539$8,414,337
48$16,297,636$6,024,316$4,418,072$8,991,804
49$17,911,303$6,270,816$4,517,386$9,618,682
50$19,688,031$6,527,861$4,618,493$10,299,668
51$21,644,403$6,795,918$4,721,405$11,039,926
52$23,798,692$7,075,479$4,826,133$11,845,132
53$26,171,036$7,367,055$4,932,686$12,721,529
54$28,783,623$7,671,181$5,041,071$13,675,978
55$31,660,902$7,988,419$5,151,297$14,716,028
56$34,829,816$8,319,354$5,263,368$15,849,978
57$38,320,054$8,664,599$5,377,287$17,086,959
58$42,164,331$9,024,795$5,493,058$18,437,016
59$46,398,696$9,400,614$5,610,678$19,911,198
60$51,062,875$9,792,756$5,730,148$21,521,663
61$56,200,643$10,201,955$5,851,462$23,281,789
62$61,860,237$10,628,980$5,974,616$25,206,298
63$68,094,815$11,074,634$6,099,599$27,311,392
64$74,962,952$11,539,757$6,226,401$29,614,901
65$82,529,197$12,025,228$6,355,010$32,136,453
66$90,864,680$12,531,969$6,485,407$34,897,651
67$100,047,783$13,060,941$6,617,574$37,922,276
68$110,164,882$13,613,153$6,751,488$41,236,508
69$121,311,160$14,189,658$6,887,123$44,869,170
70$133,591,507$14,791,559$7,024,450$48,851,995
71$147,121,507$15,420,012$7,163,436$53,219,923
72$162,028,533$16,076,225$7,304,043$58,011,423
73$178,452,945$16,761,462$7,446,230$63,268,859
74$196,549,419$17,477,047$7,589,952$69,038,878
75$216,488,403$18,224,365$7,735,159$75,372,850
76$238,457,728$19,004,867$7,881,794$82,327,347
77$262,664,380$19,820,069$8,029,798$89,964,672
78$289,336,456$20,671,562$8,179,106$98,353,440
79$318,725,313$21,561,007$8,329,644$107,569,223
80$351,107,944$22,490,146$8,481,337$117,695,257
81$386,789,593$23,460,801$8,634,100$128,823,220
82$426,106,632$24,474,881$8,787,843$141,054,091
83$469,429,740$25,534,382$8,942,467$154,499,100
84$517,167,403$26,641,396$9,097,869$169,280,767
85$569,769,766$27,798,113$9,253,936$185,534,055
86$627,732,885$29,006,824$9,410,546$203,407,631
87$691,603,411$30,269,929$9,567,571$223,065,269
88$761,983,747$31,589,943$9,724,872$244,687,382
89$839,537,735$32,969,497$9,882,302$268,472,719
90$924,996,927$34,411,345$10,039,702$294,640,232
91$1,019,167,486$35,918,374$10,196,904$323,431,132
92$1,122,937,800$37,493,604$10,353,731$355,111,158
93$1,237,286,866$39,140,201$10,509,991$389,973,076
94$1,363,293,532$40,861,477$10,665,482$428,339,428
95$1,502,146,686$42,660,903$10,819,990$470,565,571
96$1,655,156,474$44,542,114$10,973,285$517,043,017
97$1,823,766,672$46,508,914$11,125,127$568,203,115
98$2,009,568,313$48,565,291$11,275,259$624,521,115
99$2,214,314,710$50,715,421$11,423,411$686,520,637
100$2,439,938,009$52,963,675$11,569,293$754,778,601