Can I retire at age 30 with 2,850,000?

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 $2,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$235,350$233,254$231,209$229,212$227,263$224,703
2 years$116,510$114,340$112,237$110,198$108,220$105,643
3 years$76,902$74,723$72,625$70,605$68,660$66,145
4 years$57,102$54,929$52,852$50,867$48,969$46,536
5 years$45,225$43,065$41,016$39,071$37,225$34,882
6 years$37,309$35,166$33,147$31,245$29,455$27,204
7 years$31,657$29,532$27,545$25,688$23,955$21,797
8 years$27,421$25,315$23,360$21,549$19,873$17,808
9 years$24,127$22,041$20,120$18,355$16,736$14,763
10 years$21,494$19,428$17,541$15,822$14,260$12,378
11 years$19,341$17,296$15,443$13,770$12,264$10,471
12 years$17,548$15,524$13,705$12,078$10,628$8,922
13 years$16,032$14,029$12,245$10,663$9,267$7,647
14 years$14,733$12,752$11,002$9,466$8,124$6,587
15 years$13,609$11,649$9,933$8,442$7,153$5,696
16 years$12,627$10,688$9,006$7,559$6,322$4,943
17 years$11,760$9,843$8,195$6,791$5,605$4,302
18 years$10,991$9,095$7,481$6,120$4,984$3,754
19 years$10,304$8,429$6,849$5,530$4,442$3,282
20 years$9,686$7,833$6,285$5,009$3,968$2,875
21 years$9,128$7,296$5,781$4,546$3,551$2,522
22 years$8,621$6,811$5,328$4,133$3,183$2,216
23 years$8,159$6,370$4,920$3,764$2,857$1,949
24 years$7,736$5,968$4,550$3,433$2,568$1,716
25 years$7,348$5,601$4,214$3,135$2,311$1,513
26 years$6,990$5,264$3,908$2,867$2,082$1,334
27 years$6,659$4,954$3,629$2,624$1,877$1,178
28 years$6,352$4,668$3,374$2,404$1,693$1,040
29 years$6,067$4,404$3,140$2,205$1,529$919
30 years$5,801$4,159$2,925$2,023$1,382$813
31 years$5,553$3,932$2,726$1,858$1,249$719
32 years$5,321$3,720$2,544$1,708$1,130$636
33 years$5,104$3,523$2,375$1,570$1,023$563
34 years$4,900$3,339$2,219$1,445$926$498
35 years$4,708$3,167$2,075$1,330$839$441
36 years$4,526$3,006$1,941$1,225$760$391
37 years$4,356$2,855$1,817$1,129$689$346
38 years$4,194$2,713$1,701$1,040$624$307
39 years$4,041$2,580$1,594$959$566$272
40 years$3,896$2,455$1,494$885$513$241
41 years$3,759$2,337$1,401$816$466$214
42 years$3,628$2,225$1,314$753$423$189
43 years$3,504$2,120$1,233$695$384$168
44 years$3,386$2,021$1,157$642$348$149
45 years$3,274$1,927$1,087$593$316$132
46 years$3,166$1,839$1,021$548$287$117
47 years$3,064$1,755$959$506$261$104
48 years$2,966$1,675$901$468$237$92
49 years$2,872$1,599$847$432$215$82
50 years$2,783$1,528$796$399$195$72

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,850,000, adding $2,048 every year, while hoping to spend $26,427 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: 70/8/22 Blend
29$2,850,000$2,850,000$2,850,000$2,850,000
30$3,142,813$2,991,763$2,947,588$3,345,453
31$3,435,261$3,110,241$3,018,214$3,599,548
32$3,756,654$3,233,639$3,090,320$3,874,294
33$4,109,915$3,362,170$3,163,928$4,174,398
34$4,498,267$3,496,056$3,239,060$4,502,369
35$4,925,258$3,635,531$3,315,736$4,860,969
36$5,394,800$3,780,837$3,393,979$5,253,240
37$5,911,200$3,932,229$3,473,808$5,682,533
38$6,479,207$4,089,973$3,555,245$6,152,536
39$7,104,050$4,254,345$3,638,309$6,667,311
40$7,791,491$4,425,636$3,723,021$7,231,333
41$8,547,881$4,604,150$3,809,400$7,849,530
42$9,380,215$4,790,203$3,897,465$8,527,329
43$10,296,201$4,984,128$3,987,234$9,270,708
44$11,304,332$5,186,269$4,078,725$10,086,253
45$12,413,968$5,396,989$4,171,956$10,981,217
46$13,635,419$5,616,668$4,266,943$11,963,590
47$14,980,047$5,845,700$4,363,701$13,042,173
48$16,460,373$6,084,501$4,462,246$14,226,663
49$18,090,191$6,333,501$4,562,592$15,527,741
50$19,884,703$6,593,155$4,664,751$16,957,173
51$21,860,658$6,863,936$4,768,736$18,527,924
52$24,036,514$7,146,337$4,874,557$20,254,275
53$26,432,609$7,440,878$4,982,225$22,151,961
54$29,071,352$7,748,099$5,091,747$24,238,317
55$31,977,440$8,068,565$5,203,130$26,532,442
56$35,178,085$8,402,871$5,316,381$29,055,378
57$38,703,272$8,751,634$5,431,502$31,830,309
58$42,586,044$9,115,502$5,548,496$34,882,781
59$46,862,813$9,495,154$5,667,363$38,240,936
60$51,573,701$9,891,298$5,788,101$41,935,787
61$56,762,923$10,304,676$5,910,707$46,001,500
62$62,479,200$10,736,064$6,035,174$50,475,724
63$68,776,220$11,186,273$6,161,494$55,399,940
64$75,713,147$11,656,153$6,289,657$60,819,856
65$83,355,176$12,146,592$6,419,648$66,785,834
66$91,774,149$12,658,520$6,551,451$73,353,369
67$101,049,235$13,192,910$6,685,047$80,583,609
68$111,267,674$13,750,780$6,820,414$88,543,932
69$122,525,604$14,333,196$6,957,525$97,308,581
70$134,928,965$14,941,271$7,096,351$106,959,366
71$148,594,499$15,576,173$7,236,859$117,586,433
72$163,650,856$16,239,123$7,379,011$129,289,115
73$180,239,802$16,931,399$7,522,766$142,176,871
74$198,517,562$17,654,338$7,668,079$156,370,313
75$218,656,292$18,409,340$7,814,899$172,002,350
76$240,845,706$19,197,870$7,963,171$189,219,437
77$265,294,864$20,021,461$8,112,833$208,182,958
78$292,234,148$20,881,720$8,263,821$229,070,749
79$321,917,433$21,780,327$8,416,061$252,078,776
80$354,624,489$22,719,041$8,569,477$277,422,982
81$390,663,616$23,699,703$8,723,983$305,341,327
82$430,374,559$24,724,242$8,879,490$336,096,030
83$474,131,709$25,794,675$9,035,899$369,976,046
84$522,347,646$26,913,117$9,193,104$407,299,790
85$575,477,025$28,081,779$9,350,992$448,418,145
86$634,020,873$29,302,978$9,509,442$493,717,771
87$698,531,318$30,579,139$9,668,323$543,624,751
88$769,616,797$31,912,802$9,827,497$598,608,618
89$847,947,808$33,306,626$9,986,815$659,186,782
90$934,263,229$34,763,395$10,146,118$725,929,414
91$1,029,377,302$36,286,026$10,305,238$799,464,824
92$1,134,187,317$37,877,571$10,463,993$880,485,399
93$1,249,682,079$39,541,228$10,622,193$969,754,128
94$1,376,951,248$41,280,345$10,779,633$1,068,111,811
95$1,517,195,623$43,098,430$10,936,098$1,176,484,987
96$1,671,738,477$44,999,154$11,091,358$1,295,894,688
97$1,842,038,053$46,986,363$11,245,170$1,427,466,070
98$2,029,701,327$49,064,087$11,397,276$1,572,439,033
99$2,236,499,179$51,236,545$11,547,401$1,732,179,928
100$2,464,383,115$53,508,154$11,695,258$1,908,194,451