Can I retire at age 30 with 3,200,000?

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 $3,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$264,253$261,899$259,603$257,361$255,172$252,403
2 years$130,818$128,382$126,021$123,731$121,511$118,722
3 years$86,346$83,899$81,544$79,276$77,091$74,370
4 years$64,114$61,675$59,343$57,114$54,982$52,349
5 years$50,778$48,354$46,053$43,869$41,797$39,260
6 years$41,891$39,484$37,217$35,082$33,072$30,635
7 years$35,545$33,159$30,928$28,843$26,897$24,559
8 years$30,788$28,423$26,229$24,196$22,313$20,076
9 years$27,090$24,748$22,591$20,609$18,791$16,653
10 years$24,133$21,814$19,696$17,766$16,011$13,971
11 years$21,716$19,420$17,340$15,461$13,770$11,826
12 years$19,703$17,430$15,388$13,562$11,933$10,083
13 years$18,000$15,752$13,749$11,973$10,406$8,648
14 years$16,543$14,318$12,353$10,628$9,121$7,454
15 years$15,281$13,080$11,153$9,478$8,031$6,450
16 years$14,177$12,000$10,112$8,487$7,098$5,602
17 years$13,205$11,052$9,202$7,625$6,294$4,879
18 years$12,341$10,212$8,400$6,872$5,596$4,260
19 years$11,569$9,465$7,690$6,210$4,988$3,727
20 years$10,876$8,795$7,057$5,624$4,455$3,267
21 years$10,249$8,192$6,491$5,104$3,987$2,869
22 years$9,680$7,647$5,983$4,641$3,574$2,522
23 years$9,161$7,152$5,524$4,226$3,208$2,220
24 years$8,686$6,701$5,109$3,855$2,883$1,956
25 years$8,250$6,289$4,732$3,520$2,595$1,726
26 years$7,848$5,910$4,388$3,219$2,337$1,523
27 years$7,477$5,562$4,075$2,946$2,107$1,346
28 years$7,132$5,241$3,788$2,699$1,901$1,189
29 years$6,812$4,945$3,525$2,475$1,717$1,052
30 years$6,514$4,670$3,284$2,272$1,551$931
31 years$6,235$4,414$3,061$2,087$1,402$824
32 years$5,975$4,177$2,856$1,918$1,269$730
33 years$5,731$3,956$2,667$1,763$1,148$646
34 years$5,501$3,749$2,492$1,622$1,039$573
35 years$5,286$3,556$2,330$1,494$942$508
36 years$5,082$3,375$2,179$1,376$853$450
37 years$4,890$3,206$2,040$1,267$773$399
38 years$4,709$3,046$1,910$1,168$701$354
39 years$4,538$2,897$1,790$1,077$636$314
40 years$4,375$2,756$1,677$993$577$278
41 years$4,221$2,624$1,573$917$523$247
42 years$4,074$2,499$1,475$846$475$219
43 years$3,935$2,381$1,384$781$431$195
44 years$3,802$2,269$1,300$721$391$173
45 years$3,676$2,164$1,220$666$355$153
46 years$3,555$2,064$1,146$615$322$136
47 years$3,440$1,970$1,077$568$293$121
48 years$3,330$1,881$1,012$525$266$107
49 years$3,225$1,796$951$485$241$95
50 years$3,124$1,715$894$449$219$84

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $3,200,000, adding $4,377 every year, while hoping to spend $31,359 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: 65/12/23 Blend
29$3,200,000$3,200,000$3,200,000$3,200,000
30$3,530,915$3,361,315$3,311,715$3,739,167
31$3,857,702$3,492,654$3,389,292$4,011,244
32$4,216,771$3,629,377$3,468,416$4,304,549
33$4,611,381$3,771,715$3,549,107$4,624,392
34$5,045,123$3,919,910$3,631,383$4,973,383
35$5,521,953$4,074,213$3,715,262$5,354,390
36$6,046,229$4,234,887$3,800,761$5,770,574
37$6,622,755$4,402,207$3,887,896$6,225,412
38$7,256,820$4,576,459$3,976,685$6,722,735
39$7,954,254$4,757,944$4,067,142$7,266,758
40$8,721,479$4,946,975$4,159,283$7,862,127
41$9,565,572$5,143,878$4,253,121$8,513,954
42$10,494,329$5,348,997$4,348,669$9,227,869
43$11,516,341$5,562,688$4,445,940$10,010,076
44$12,641,074$5,785,326$4,544,944$10,867,403
45$13,878,956$6,017,299$4,645,693$11,807,373
46$15,241,479$6,259,017$4,748,193$12,838,270
47$16,741,307$6,510,905$4,852,454$13,969,221
48$18,392,390$6,773,410$4,958,482$15,210,278
49$20,210,104$7,046,996$5,066,280$16,572,511
50$22,211,387$7,332,152$5,175,853$18,068,119
51$24,414,906$7,629,385$5,287,203$19,710,535
52$26,841,231$7,939,229$5,400,328$21,514,561
53$29,513,024$8,262,239$5,515,226$23,496,500
54$32,455,261$8,598,997$5,631,895$25,674,314
55$35,695,461$8,950,112$5,750,327$28,067,791
56$39,263,949$9,316,218$5,870,514$30,698,731
57$43,194,141$9,697,982$5,992,445$33,591,149
58$47,522,859$10,096,098$6,116,107$36,771,508
59$52,290,677$10,511,294$6,241,484$40,268,957
60$57,542,308$10,944,329$6,368,556$44,115,617
61$63,327,022$11,396,000$6,497,301$48,346,874
62$69,699,112$11,867,138$6,627,694$53,001,717
63$76,718,406$12,358,612$6,759,706$58,123,103
64$84,450,833$12,871,333$6,893,306$63,758,366
65$92,969,043$13,406,253$7,028,456$69,959,654
66$102,353,092$13,964,367$7,165,117$76,784,431
67$112,691,203$14,546,717$7,303,244$84,296,008
68$124,080,592$15,154,391$7,442,788$92,564,148
69$136,628,387$15,788,531$7,583,696$101,665,718
70$150,452,641$16,450,328$7,725,909$111,685,416
71$165,683,447$17,141,030$7,869,363$122,716,568
72$182,464,160$17,861,943$8,013,989$134,862,011
73$200,952,758$18,614,432$8,159,711$148,235,055
74$221,323,327$19,399,926$8,306,449$162,960,561
75$243,767,705$20,219,922$8,454,114$179,176,109
76$268,497,296$21,075,983$8,602,611$197,033,303
77$295,745,062$21,969,747$8,751,840$216,699,196
78$325,767,722$22,902,929$8,901,691$238,357,867
79$358,848,179$23,877,322$9,052,047$262,212,156
80$395,298,185$24,894,802$9,202,782$288,485,578
81$435,461,288$25,957,335$9,353,763$317,424,433
82$479,716,071$27,066,977$9,504,847$349,300,125
83$528,479,732$28,225,880$9,655,880$384,411,728
84$582,212,013$29,436,297$9,806,701$423,088,800
85$641,419,549$30,700,586$9,957,136$465,694,500
86$706,660,643$32,021,215$10,107,000$512,629,008
87$778,550,542$33,400,768$10,256,098$564,333,305
88$857,767,242$34,841,951$10,404,222$621,293,330
89$945,057,889$36,347,594$10,551,152$684,044,569
90$1,041,245,831$37,920,664$10,696,653$753,177,103
91$1,147,238,393$39,564,263$10,840,477$829,341,182
92$1,264,035,438$41,281,641$10,982,363$913,253,356
93$1,392,738,812$43,076,201$11,122,031$1,005,703,239
94$1,534,562,741$44,951,505$11,259,189$1,107,560,959
95$1,690,845,294$46,911,282$11,393,525$1,219,785,374
96$1,863,061,018$48,959,439$11,524,712$1,343,433,114
97$2,052,834,855$51,100,065$11,652,404$1,479,668,559
98$2,261,957,484$53,337,442$11,776,233$1,629,774,824
99$2,492,402,226$55,676,055$11,895,816$1,795,165,874
100$2,746,343,672$58,120,601$12,010,744$1,977,399,861