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

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 $2,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$237,002$234,891$232,831$230,821$228,858$222,783
2 years$117,328$115,143$113,025$110,972$108,980$102,902
3 years$77,441$75,247$73,135$71,101$69,141$63,251
4 years$57,502$55,314$53,223$51,224$49,312$43,654
5 years$45,542$43,367$41,303$39,345$37,486$32,076
6 years$37,571$35,413$33,379$31,464$29,662$24,505
7 years$31,880$29,739$27,738$25,869$24,123$19,219
8 years$27,613$25,492$23,524$21,701$20,012$15,360
9 years$24,296$22,196$20,261$18,484$16,853$12,448
10 years$21,645$19,564$17,664$15,933$14,360$10,196
11 years$19,476$17,417$15,551$13,867$12,350$8,421
12 years$17,671$15,632$13,802$12,163$10,702$7,001
13 years$16,144$14,127$12,331$10,738$9,332$5,852
14 years$14,837$12,841$11,079$9,532$8,181$4,912
15 years$13,705$11,731$10,003$8,501$7,203$4,138
16 years$12,715$10,763$9,069$7,612$6,366$3,496
17 years$11,843$9,912$8,253$6,839$5,645$2,961
18 years$11,068$9,159$7,534$6,163$5,019$2,513
19 years$10,376$8,489$6,897$5,569$4,473$2,137
20 years$9,754$7,888$6,329$5,044$3,996$1,819
21 years$9,192$7,347$5,822$4,578$3,576$1,550
22 years$8,682$6,859$5,366$4,162$3,205$1,323
23 years$8,216$6,415$4,954$3,791$2,877$1,130
24 years$7,791$6,010$4,582$3,457$2,586$966
25 years$7,399$5,640$4,244$3,157$2,327$826
26 years$7,039$5,301$3,936$2,887$2,096$707
27 years$6,706$4,989$3,655$2,642$1,890$605
28 years$6,397$4,701$3,398$2,421$1,705$518
29 years$6,110$4,435$3,162$2,220$1,540$444
30 years$5,842$4,188$2,945$2,038$1,391$380
31 years$5,592$3,959$2,746$1,871$1,258$326
32 years$5,359$3,746$2,562$1,720$1,138$279
33 years$5,140$3,548$2,392$1,581$1,030$240
34 years$4,934$3,362$2,235$1,455$932$205
35 years$4,741$3,189$2,089$1,340$844$176
36 years$4,558$3,027$1,955$1,234$765$151
37 years$4,386$2,875$1,829$1,137$693$130
38 years$4,224$2,732$1,713$1,048$629$111
39 years$4,070$2,598$1,605$966$570$95
40 years$3,924$2,472$1,504$891$517$82
41 years$3,785$2,353$1,411$822$469$70
42 years$3,654$2,241$1,323$759$426$60
43 years$3,529$2,135$1,242$700$386$52
44 years$3,410$2,035$1,166$647$351$44
45 years$3,297$1,941$1,094$597$318$38
46 years$3,188$1,851$1,028$552$289$33
47 years$3,085$1,767$966$510$262$28
48 years$2,987$1,687$907$471$238$24
49 years$2,892$1,611$853$435$216$21
50 years$2,802$1,539$802$402$197$18

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 $4,284 every year, while hoping to spend $40,975 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: 46/29/25 Blend
29$2,870,000$2,870,000$2,870,000$2,870,000
30$3,167,159$3,015,049$2,970,564$3,289,917
31$3,446,612$3,119,189$3,026,481$3,481,042
32$3,753,196$3,227,059$3,082,897$3,683,943
33$4,089,635$3,338,798$3,139,788$3,903,280
34$4,458,930$3,454,551$3,197,122$4,140,612
35$4,864,385$3,574,469$3,254,871$4,397,651
36$5,309,643$3,698,708$3,312,999$4,676,282
37$5,798,712$3,827,431$3,371,470$4,978,580
38$6,336,013$3,960,807$3,430,247$5,306,824
39$6,926,412$4,099,012$3,489,286$5,663,525
40$7,575,272$4,242,229$3,548,543$6,051,446
41$8,288,500$4,390,649$3,607,969$6,473,627
42$9,072,605$4,544,468$3,667,514$6,933,414
43$9,934,756$4,703,893$3,727,121$7,434,490
44$10,882,855$4,869,138$3,786,733$7,980,909
45$11,925,604$5,040,423$3,846,287$8,577,137
46$13,072,594$5,217,982$3,905,716$9,228,086
47$14,334,390$5,402,055$3,964,949$9,939,169
48$15,722,634$5,592,891$4,023,910$10,716,343
49$17,250,151$5,790,752$4,082,520$11,566,168
50$18,931,076$5,995,908$4,140,694$12,495,870
51$20,780,979$6,208,641$4,198,340$13,513,405
52$22,817,019$6,429,244$4,255,365$14,627,535
53$25,058,100$6,658,023$4,311,665$15,847,911
54$27,525,055$6,895,295$4,367,135$17,185,161
55$30,240,837$7,141,390$4,421,660$18,650,992
56$33,230,738$7,396,653$4,475,121$20,258,300
57$36,522,626$7,661,443$4,527,391$22,021,289
58$40,147,212$7,936,131$4,578,336$23,955,603
59$44,138,332$8,221,106$4,627,814$26,078,479
60$48,533,274$8,516,772$4,675,678$28,408,901
61$53,373,124$8,823,550$4,721,770$30,967,787
62$58,703,156$9,141,878$4,765,923$33,778,176
63$64,573,261$9,472,213$4,807,964$36,865,452
64$71,038,410$9,815,028$4,847,708$40,257,580
65$78,159,184$10,170,820$4,884,962$43,985,369
66$86,002,334$10,540,104$4,919,521$48,082,762
67$94,641,420$10,923,417$4,951,173$52,587,155
68$104,157,498$11,321,317$4,979,690$57,539,750
69$114,639,889$11,734,388$5,004,836$62,985,942
70$126,187,022$12,163,237$5,026,362$68,975,747
71$138,907,358$12,608,496$5,044,006$75,564,271
72$152,920,421$13,070,825$5,057,493$82,812,232
73$168,357,919$13,550,910$5,066,533$90,786,532
74$185,364,989$14,049,467$5,070,824$99,560,881
75$204,101,569$14,567,242$5,070,048$109,216,502
76$224,743,904$15,105,012$5,063,870$119,842,888
77$247,486,213$15,663,589$5,051,940$131,538,647
78$272,542,519$16,243,816$5,033,892$144,412,434
79$300,148,667$16,846,575$5,009,339$158,583,974
80$330,564,558$17,472,783$4,977,878$174,185,191
81$364,076,592$18,123,399$4,939,087$191,361,448
82$401,000,379$18,799,420$4,892,520$210,272,925
83$441,683,713$19,501,887$4,837,715$231,096,122
84$486,509,858$20,231,886$4,774,185$254,025,529
85$535,901,164$20,990,548$4,701,421$279,275,456
86$590,323,053$21,779,055$4,618,888$307,082,057
87$650,288,413$22,598,638$4,526,030$337,705,556
88$716,362,441$23,450,582$4,422,263$371,432,703
89$789,167,976$24,336,226$4,306,974$408,579,478
90$869,391,376$25,256,968$4,179,525$449,494,070
91$957,789,004$26,214,267$4,039,246$494,560,166
92$1,055,194,361$27,209,644$3,885,439$544,200,567
93$1,162,525,957$28,244,688$3,717,373$598,881,179
94$1,280,795,982$29,321,054$3,534,281$659,115,408
95$1,411,119,858$30,440,473$3,335,366$725,469,005
96$1,554,726,775$31,604,747$3,119,793$798,565,403
97$1,712,971,287$32,815,761$2,886,687$879,091,602
98$1,887,346,105$34,075,479$2,635,137$967,804,648
99$2,079,496,184$35,385,954$2,364,190$1,065,538,782
100$2,291,234,255$36,749,326$2,072,851$1,173,213,308