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%11.6%
1 years$235,350$233,254$231,209$229,212$227,263$225,736
2 years$116,510$114,340$112,237$110,198$108,220$106,681
3 years$76,902$74,723$72,625$70,605$68,660$67,154
4 years$57,102$54,929$52,852$50,867$48,969$47,510
5 years$45,225$43,065$41,016$39,071$37,225$35,817
6 years$37,309$35,166$33,147$31,245$29,455$28,099
7 years$31,657$29,532$27,545$25,688$23,955$22,652
8 years$27,421$25,315$23,360$21,549$19,873$18,623
9 years$24,127$22,041$20,120$18,355$16,736$15,538
10 years$21,494$19,428$17,541$15,822$14,260$13,114
11 years$19,341$17,296$15,443$13,770$12,264$11,170
12 years$17,548$15,524$13,705$12,078$10,628$9,584
13 years$16,032$14,029$12,245$10,663$9,267$8,273
14 years$14,733$12,752$11,002$9,466$8,124$7,177
15 years$13,609$11,649$9,933$8,442$7,153$6,253
16 years$12,627$10,688$9,006$7,559$6,322$5,467
17 years$11,760$9,843$8,195$6,791$5,605$4,795
18 years$10,991$9,095$7,481$6,120$4,984$4,216
19 years$10,304$8,429$6,849$5,530$4,442$3,716
20 years$9,686$7,833$6,285$5,009$3,968$3,281
21 years$9,128$7,296$5,781$4,546$3,551$2,902
22 years$8,621$6,811$5,328$4,133$3,183$2,571
23 years$8,159$6,370$4,920$3,764$2,857$2,281
24 years$7,736$5,968$4,550$3,433$2,568$2,025
25 years$7,348$5,601$4,214$3,135$2,311$1,800
26 years$6,990$5,264$3,908$2,867$2,082$1,602
27 years$6,659$4,954$3,629$2,624$1,877$1,426
28 years$6,352$4,668$3,374$2,404$1,693$1,271
29 years$6,067$4,404$3,140$2,205$1,529$1,133
30 years$5,801$4,159$2,925$2,023$1,382$1,011
31 years$5,553$3,932$2,726$1,858$1,249$902
32 years$5,321$3,720$2,544$1,708$1,130$805
33 years$5,104$3,523$2,375$1,570$1,023$719
34 years$4,900$3,339$2,219$1,445$926$643
35 years$4,708$3,167$2,075$1,330$839$574
36 years$4,526$3,006$1,941$1,225$760$514
37 years$4,356$2,855$1,817$1,129$689$459
38 years$4,194$2,713$1,701$1,040$624$411
39 years$4,041$2,580$1,594$959$566$367
40 years$3,896$2,455$1,494$885$513$329
41 years$3,759$2,337$1,401$816$466$294
42 years$3,628$2,225$1,314$753$423$263
43 years$3,504$2,120$1,233$695$384$236
44 years$3,386$2,021$1,157$642$348$211
45 years$3,274$1,927$1,087$593$316$189
46 years$3,166$1,839$1,021$548$287$169
47 years$3,064$1,755$959$506$261$151
48 years$2,966$1,675$901$468$237$136
49 years$2,872$1,599$847$432$215$121
50 years$2,783$1,528$796$399$195$109

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 $4,343 every year, while hoping to spend $55,929 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: 60/11/29 Blend
29$2,850,000$2,850,000$2,850,000$2,850,000
30$3,145,180$2,994,130$2,949,955$3,308,889
31$3,406,480$3,081,334$2,989,270$3,508,390
32$3,692,559$3,170,937$3,028,028$3,719,643
33$4,005,883$3,262,997$3,066,151$3,949,010
34$4,349,173$3,357,573$3,103,557$4,198,270
35$4,725,421$3,454,726$3,140,158$4,469,382
36$5,137,924$3,554,518$3,175,863$4,764,507
37$5,590,313$3,657,011$3,210,576$5,086,025
38$6,086,589$3,762,267$3,244,194$5,436,556
39$6,631,155$3,870,353$3,276,608$5,818,988
40$7,228,865$3,981,332$3,307,707$6,236,503
41$7,885,063$4,095,271$3,337,369$6,692,608
42$8,605,637$4,212,237$3,365,468$7,191,165
43$9,397,073$4,332,298$3,391,873$7,736,432
44$10,266,516$4,455,522$3,416,442$8,333,097
45$11,221,837$4,581,979$3,439,029$8,986,331
46$12,271,706$4,711,738$3,459,479$9,701,828
47$13,425,678$4,844,871$3,477,629$10,485,864
48$14,694,276$4,981,448$3,493,308$11,345,354
49$16,089,095$5,121,542$3,506,337$12,287,921
50$17,622,909$5,265,224$3,516,526$13,321,963
51$19,309,794$5,412,568$3,523,677$14,456,734
52$21,165,255$5,563,646$3,527,582$15,702,434
53$23,206,378$5,718,532$3,528,023$17,070,303
54$25,451,986$5,877,298$3,524,770$18,572,728
55$27,922,822$6,040,019$3,517,583$20,223,359
56$30,641,737$6,206,766$3,506,209$22,037,238
57$33,633,911$6,377,615$3,490,384$24,030,945
58$36,927,088$6,552,636$3,469,830$26,222,750
59$40,551,838$6,731,903$3,444,257$28,632,786
60$44,541,847$6,915,487$3,413,360$31,283,244
61$48,934,228$7,103,459$3,376,821$34,198,577
62$53,769,879$7,295,888$3,334,304$37,405,733
63$59,093,864$7,492,843$3,285,460$40,934,414
64$64,955,838$7,694,393$3,229,923$44,817,348
65$71,410,517$7,900,602$3,167,309$49,090,608
66$78,518,192$8,111,534$3,097,217$53,793,946
67$86,345,301$8,327,252$3,019,227$58,971,170
68$94,965,049$8,547,815$2,932,898$64,670,562
69$104,458,106$8,773,280$2,837,773$70,945,328
70$114,913,364$9,003,702$2,733,369$77,854,106
71$126,428,775$9,239,131$2,619,185$85,461,518
72$139,112,277$9,479,615$2,494,694$93,838,782
73$153,082,810$9,725,197$2,359,347$103,064,381
74$168,471,442$9,975,917$2,212,570$113,224,810
75$185,422,601$10,231,809$2,053,763$124,415,389
76$204,095,441$10,492,902$1,882,299$136,741,168
77$224,665,342$10,759,221$1,697,523$150,317,915
78$247,325,566$11,030,782$1,498,749$165,273,211
79$272,289,081$11,307,598$1,285,264$181,747,658
80$299,790,568$11,589,671$1,056,321$199,896,206
81$330,088,639$11,876,997$811,141$219,889,614
82$363,468,275$12,169,565$548,909$241,916,069
83$400,243,517$12,467,352$268,776$266,182,956
84$440,760,431$12,770,327$0$292,918,826
85$485,400,370$13,078,449$0$322,384,887
86$534,583,579$13,391,663$0$354,938,730
87$588,773,153$13,709,904$0$390,803,294
88$648,479,420$14,033,094$0$430,315,991
89$714,264,744$14,361,140$0$473,848,648
90$786,748,845$14,693,933$0$521,811,006
91$866,614,641$15,031,349$0$574,654,594
92$954,614,697$15,373,247$0$632,876,990
93$1,051,578,327$15,719,467$0$697,026,516
94$1,158,419,425$16,069,830$0$767,707,413
95$1,276,145,088$16,424,133$0$845,585,550
96$1,405,865,125$16,782,154$0$931,394,703
97$1,548,802,534$17,143,646$0$1,025,943,486
98$1,706,305,042$17,508,334$0$1,130,122,982
99$1,879,857,832$17,875,918$0$1,244,915,157
100$2,071,097,561$18,246,068$0$1,371,402,127