Can I retire at age 30 with 2,870,000?

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 $2,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$237,002$234,891$232,831$230,821$228,858$227,511
2 years$117,328$115,143$113,025$110,972$108,980$107,621
3 years$77,441$75,247$73,135$71,101$69,141$67,813
4 years$57,502$55,314$53,223$51,224$49,312$48,024
5 years$45,542$43,367$41,303$39,345$37,486$36,242
6 years$37,571$35,413$33,379$31,464$29,662$28,463
7 years$31,880$29,739$27,738$25,869$24,123$22,971
8 years$27,613$25,492$23,524$21,701$20,012$18,906
9 years$24,296$22,196$20,261$18,484$16,853$15,794
10 years$21,645$19,564$17,664$15,933$14,360$13,346
11 years$19,476$17,417$15,551$13,867$12,350$11,381
12 years$17,671$15,632$13,802$12,163$10,702$9,777
13 years$16,144$14,127$12,331$10,738$9,332$8,451
14 years$14,837$12,841$11,079$9,532$8,181$7,341
15 years$13,705$11,731$10,003$8,501$7,203$6,404
16 years$12,715$10,763$9,069$7,612$6,366$5,607
17 years$11,843$9,912$8,253$6,839$5,645$4,924
18 years$11,068$9,159$7,534$6,163$5,019$4,336
19 years$10,376$8,489$6,897$5,569$4,473$3,827
20 years$9,754$7,888$6,329$5,044$3,996$3,384
21 years$9,192$7,347$5,822$4,578$3,576$2,998
22 years$8,682$6,859$5,366$4,162$3,205$2,660
23 years$8,216$6,415$4,954$3,791$2,877$2,363
24 years$7,791$6,010$4,582$3,457$2,586$2,101
25 years$7,399$5,640$4,244$3,157$2,327$1,871
26 years$7,039$5,301$3,936$2,887$2,096$1,667
27 years$6,706$4,989$3,655$2,642$1,890$1,487
28 years$6,397$4,701$3,398$2,421$1,705$1,327
29 years$6,110$4,435$3,162$2,220$1,540$1,185
30 years$5,842$4,188$2,945$2,038$1,391$1,059
31 years$5,592$3,959$2,746$1,871$1,258$946
32 years$5,359$3,746$2,562$1,720$1,138$846
33 years$5,140$3,548$2,392$1,581$1,030$757
34 years$4,934$3,362$2,235$1,455$932$678
35 years$4,741$3,189$2,089$1,340$844$607
36 years$4,558$3,027$1,955$1,234$765$543
37 years$4,386$2,875$1,829$1,137$693$487
38 years$4,224$2,732$1,713$1,048$629$436
39 years$4,070$2,598$1,605$966$570$391
40 years$3,924$2,472$1,504$891$517$350
41 years$3,785$2,353$1,411$822$469$314
42 years$3,654$2,241$1,323$759$426$281
43 years$3,529$2,135$1,242$700$386$252
44 years$3,410$2,035$1,166$647$351$226
45 years$3,297$1,941$1,094$597$318$203
46 years$3,188$1,851$1,028$552$289$182
47 years$3,085$1,767$966$510$262$163
48 years$2,987$1,687$907$471$238$147
49 years$2,892$1,611$853$435$216$131
50 years$2,802$1,539$802$402$197$118

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,870,000, adding $4,914 every year, while hoping to spend $47,254 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: 46/38/16 Blend
29$2,870,000$2,870,000$2,870,000$2,870,000
30$3,167,809$3,015,699$2,971,214$3,298,904
31$3,440,647$3,113,190$3,020,472$3,488,143
32$3,739,732$3,213,875$3,069,796$3,688,158
33$4,067,689$3,317,859$3,119,139$3,904,132
34$4,427,413$3,425,254$3,168,449$4,137,566
35$4,822,091$3,536,173$3,217,674$4,390,114
36$5,255,232$3,650,734$3,266,754$4,663,591
37$5,730,705$3,769,059$3,315,630$4,959,998
38$6,252,768$3,891,274$3,364,235$5,281,532
39$6,826,115$4,017,510$3,412,500$5,630,614
40$7,455,912$4,147,902$3,460,353$6,009,904
41$8,147,855$4,282,590$3,507,715$6,422,333
42$8,908,217$4,421,717$3,554,504$6,871,125
43$9,743,908$4,565,434$3,600,633$7,359,828
44$10,662,542$4,713,896$3,646,009$7,892,348
45$11,672,506$4,867,262$3,690,535$8,472,984
46$12,783,042$5,025,697$3,734,108$9,106,471
47$14,004,330$5,189,375$3,776,619$9,798,020
48$15,347,589$5,358,471$3,817,953$10,553,369
49$16,825,176$5,533,169$3,857,988$11,378,837
50$18,450,710$5,713,660$3,896,596$12,281,380
51$20,239,193$5,900,141$3,933,643$13,268,661
52$22,207,157$6,092,813$3,968,985$14,349,118
53$24,372,815$6,291,889$4,002,475$15,532,042
54$26,756,237$6,497,587$4,033,952$16,827,669
55$29,379,536$6,710,131$4,063,252$18,247,270
56$32,267,077$6,929,756$4,090,200$19,803,262
57$35,445,709$7,156,704$4,114,612$21,509,321
58$38,945,014$7,391,226$4,136,294$23,380,510
59$42,797,589$7,633,580$4,155,044$25,433,424
60$47,039,353$7,884,035$4,170,647$27,686,344
61$51,709,884$8,142,869$4,182,881$30,159,404
62$56,852,792$8,410,370$4,191,508$32,874,790
63$62,516,136$8,686,837$4,196,282$35,856,941
64$68,752,867$8,972,578$4,196,943$39,132,779
65$75,621,338$9,267,912$4,193,219$42,731,967
66$83,185,847$9,573,172$4,184,824$46,687,185
67$91,517,247$9,888,701$4,171,459$51,034,436
68$100,693,612$10,214,853$4,152,809$55,813,389
69$110,800,977$10,551,998$4,128,545$61,067,749
70$121,934,147$10,900,516$4,098,321$66,845,669
71$134,197,591$11,260,802$4,061,776$73,200,205
72$147,706,431$11,633,267$4,018,531$80,189,815
73$162,587,524$12,018,334$3,968,189$87,878,910
74$178,980,662$12,416,443$3,910,334$96,338,460
75$197,039,891$12,828,050$3,844,531$105,646,663
76$216,934,961$13,253,626$3,770,324$115,889,684
77$238,852,934$13,693,661$3,687,238$127,162,464
78$262,999,945$14,148,662$3,594,771$139,569,617
79$289,603,147$14,619,154$3,492,404$153,226,414
80$318,912,858$15,105,682$3,379,589$168,259,875
81$351,204,920$15,608,811$3,255,756$184,809,961
82$386,783,305$16,129,126$3,120,308$203,030,896
83$425,982,984$16,667,235$2,972,619$223,092,622
84$469,173,085$17,223,766$2,812,039$245,182,402
85$516,760,381$17,799,372$2,637,883$269,506,585
86$569,193,128$18,394,729$2,449,440$296,292,553
87$626,965,295$19,010,540$2,245,965$325,790,866
88$690,621,230$19,647,530$2,026,679$358,277,626
89$760,760,792$20,306,456$1,790,770$394,057,081
90$838,045,019$20,988,099$1,537,387$433,464,498
91$923,202,367$21,693,272$1,265,645$476,869,321
92$1,017,035,582$22,422,815$974,618$524,678,662
93$1,120,429,282$23,177,604$663,338$577,341,142
94$1,234,358,305$23,958,543$330,797$635,351,120
95$1,359,896,914$24,766,573$0$699,253,361
96$1,498,228,934$25,602,670$0$769,652,292
97$1,650,658,929$26,467,845$0$847,265,858
98$1,818,624,520$27,363,149$0$932,766,703
99$2,003,709,949$28,289,672$0$1,026,958,345
100$2,207,661,043$29,248,546$0$1,130,726,227