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

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 $2,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$235,350$233,254$231,209$229,212$227,263$225,642
2 years$116,510$114,340$112,237$110,198$108,220$106,586
3 years$76,902$74,723$72,625$70,605$68,660$67,062
4 years$57,102$54,929$52,852$50,867$48,969$47,420
5 years$45,225$43,065$41,016$39,071$37,225$35,731
6 years$37,309$35,166$33,147$31,245$29,455$28,016
7 years$31,657$29,532$27,545$25,688$23,955$22,573
8 years$27,421$25,315$23,360$21,549$19,873$18,547
9 years$24,127$22,041$20,120$18,355$16,736$15,466
10 years$21,494$19,428$17,541$15,822$14,260$13,046
11 years$19,341$17,296$15,443$13,770$12,264$11,105
12 years$17,548$15,524$13,705$12,078$10,628$9,522
13 years$16,032$14,029$12,245$10,663$9,267$8,214
14 years$14,733$12,752$11,002$9,466$8,124$7,122
15 years$13,609$11,649$9,933$8,442$7,153$6,201
16 years$12,627$10,688$9,006$7,559$6,322$5,418
17 years$11,760$9,843$8,195$6,791$5,605$4,748
18 years$10,991$9,095$7,481$6,120$4,984$4,172
19 years$10,304$8,429$6,849$5,530$4,442$3,674
20 years$9,686$7,833$6,285$5,009$3,968$3,242
21 years$9,128$7,296$5,781$4,546$3,551$2,866
22 years$8,621$6,811$5,328$4,133$3,183$2,537
23 years$8,159$6,370$4,920$3,764$2,857$2,248
24 years$7,736$5,968$4,550$3,433$2,568$1,995
25 years$7,348$5,601$4,214$3,135$2,311$1,772
26 years$6,990$5,264$3,908$2,867$2,082$1,575
27 years$6,659$4,954$3,629$2,624$1,877$1,402
28 years$6,352$4,668$3,374$2,404$1,693$1,248
29 years$6,067$4,404$3,140$2,205$1,529$1,112
30 years$5,801$4,159$2,925$2,023$1,382$991
31 years$5,553$3,932$2,726$1,858$1,249$884
32 years$5,321$3,720$2,544$1,708$1,130$788
33 years$5,104$3,523$2,375$1,570$1,023$704
34 years$4,900$3,339$2,219$1,445$926$628
35 years$4,708$3,167$2,075$1,330$839$561
36 years$4,526$3,006$1,941$1,225$760$501
37 years$4,356$2,855$1,817$1,129$689$448
38 years$4,194$2,713$1,701$1,040$624$400
39 years$4,041$2,580$1,594$959$566$358
40 years$3,896$2,455$1,494$885$513$320
41 years$3,759$2,337$1,401$816$466$286
42 years$3,628$2,225$1,314$753$423$256
43 years$3,504$2,120$1,233$695$384$229
44 years$3,386$2,021$1,157$642$348$204
45 years$3,274$1,927$1,087$593$316$183
46 years$3,166$1,839$1,021$548$287$164
47 years$3,064$1,755$959$506$261$146
48 years$2,966$1,675$901$468$237$131
49 years$2,872$1,599$847$432$215$117
50 years$2,783$1,528$796$399$195$105

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 $6,312 every year, while hoping to spend $24,298 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: 43/32/25 Blend
29$2,850,000$2,850,000$2,850,000$2,850,000
30$3,147,211$2,996,161$2,951,986$3,259,366
31$3,442,373$3,117,120$3,025,024$3,460,904
32$3,766,828$3,243,191$3,099,696$3,676,319
33$4,123,538$3,374,601$3,176,028$3,909,240
34$4,515,765$3,511,582$3,254,051$4,161,301
35$4,947,105$3,654,382$3,333,794$4,434,295
36$5,421,520$3,803,258$3,415,287$4,730,194
37$5,943,375$3,958,477$3,498,559$5,051,164
38$6,517,478$4,120,321$3,583,639$5,399,586
39$7,149,127$4,289,083$3,670,558$5,778,076
40$7,844,162$4,465,072$3,759,345$6,189,511
41$8,609,013$4,648,607$3,850,029$6,637,057
42$9,450,768$4,840,024$3,942,642$7,124,190
43$10,377,237$5,039,676$4,037,211$7,654,738
44$11,397,024$5,247,929$4,133,766$8,232,908
45$12,519,611$5,465,168$4,232,338$8,863,331
46$13,755,445$5,691,795$4,332,954$9,551,100
47$15,116,036$5,928,229$4,435,645$10,301,817
48$16,614,071$6,174,911$4,540,438$11,121,648
49$18,263,525$6,432,301$4,647,361$12,017,379
50$20,079,801$6,700,879$4,756,444$12,996,477
51$22,079,868$6,981,150$4,867,712$14,067,159
52$24,282,428$7,273,640$4,981,194$15,238,471
53$26,708,088$7,578,900$5,096,916$16,520,369
54$29,379,553$7,897,507$5,214,903$17,923,814
55$32,321,846$8,230,063$5,335,181$19,460,871
56$35,562,538$8,577,201$5,457,774$21,144,824
57$39,132,013$8,939,579$5,582,705$22,990,298
58$43,063,750$9,317,891$5,709,998$25,013,395
59$47,394,643$9,712,858$5,839,673$27,231,848
60$52,165,347$10,125,238$5,971,752$29,665,178
61$57,420,660$10,555,822$6,106,254$32,334,888
62$63,209,951$11,005,441$6,243,196$35,264,652
63$69,587,619$11,474,960$6,382,596$38,480,544
64$76,613,612$11,965,290$6,524,469$42,011,281
65$84,353,991$12,477,379$6,668,829$45,888,487
66$92,881,550$13,012,223$6,815,687$50,146,996
67$102,276,509$13,570,863$6,965,054$54,825,172
68$112,627,267$14,154,389$7,116,937$59,965,272
69$124,031,236$14,763,942$7,271,343$65,613,840
70$136,595,764$15,400,717$7,428,275$71,822,147
71$150,439,144$16,065,964$7,587,734$78,646,667
72$165,691,734$16,760,993$7,749,719$86,149,611
73$182,497,183$17,487,174$7,914,227$94,399,507
74$201,013,791$18,245,942$8,081,250$103,471,849
75$221,416,004$19,038,799$8,250,778$113,449,799
76$243,896,055$19,867,318$8,422,797$124,424,975
77$268,665,782$20,733,147$8,597,291$136,498,308
78$295,958,631$21,638,010$8,774,239$149,780,991
79$326,031,852$22,583,713$8,953,616$164,395,525
80$359,168,932$23,572,146$9,135,394$180,476,871
81$395,682,272$24,605,290$9,319,539$198,173,720
82$435,916,134$25,685,219$9,506,013$217,649,889
83$480,249,889$26,814,104$9,694,774$239,085,866
84$529,101,601$27,994,219$9,885,773$262,680,506
85$582,931,975$29,227,946$10,078,956$288,652,904
86$642,248,699$30,517,779$10,274,264$317,244,457
87$707,611,246$31,866,330$10,471,632$348,721,134
88$779,636,149$33,276,335$10,670,987$383,375,987
89$859,002,820$34,750,660$10,872,249$421,531,905
90$946,459,971$36,292,306$11,075,333$463,544,656
91$1,042,832,676$37,904,416$11,280,144$509,806,242
92$1,149,030,161$39,590,285$11,486,581$560,748,588
93$1,266,054,389$41,353,360$11,694,533$616,847,615
94$1,395,009,518$43,197,256$11,903,881$678,627,719
95$1,537,112,323$45,125,756$12,114,496$746,666,721
96$1,693,703,687$47,142,825$12,326,238$821,601,307
97$1,866,261,257$49,252,617$12,538,961$904,133,029
98$2,056,413,392$51,459,482$12,752,503$995,034,922
99$2,265,954,540$53,767,979$12,966,694$1,095,158,790
100$2,496,862,174$56,182,881$13,181,350$1,205,443,234