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%18.5%
1 years$264,253$261,899$259,603$257,361$255,172$246,413
2 years$130,818$128,382$126,021$123,731$121,511$112,775
3 years$86,346$83,899$81,544$79,276$77,091$68,654
4 years$64,114$61,675$59,343$57,114$54,982$46,907
5 years$50,778$48,354$46,053$43,869$41,797$34,105
6 years$41,891$39,484$37,217$35,082$33,072$25,771
7 years$35,545$33,159$30,928$28,843$26,897$19,984
8 years$30,788$28,423$26,229$24,196$22,313$15,784
9 years$27,090$24,748$22,591$20,609$18,791$12,637
10 years$24,133$21,814$19,696$17,766$16,011$10,221
11 years$21,716$19,420$17,340$15,461$13,770$8,334
12 years$19,703$17,430$15,388$13,562$11,933$6,838
13 years$18,000$15,752$13,749$11,973$10,406$5,638
14 years$16,543$14,318$12,353$10,628$9,121$4,668
15 years$15,281$13,080$11,153$9,478$8,031$3,877
16 years$14,177$12,000$10,112$8,487$7,098$3,229
17 years$13,205$11,052$9,202$7,625$6,294$2,695
18 years$12,341$10,212$8,400$6,872$5,596$2,254
19 years$11,569$9,465$7,690$6,210$4,988$1,887
20 years$10,876$8,795$7,057$5,624$4,455$1,582
21 years$10,249$8,192$6,491$5,104$3,987$1,328
22 years$9,680$7,647$5,983$4,641$3,574$1,116
23 years$9,161$7,152$5,524$4,226$3,208$938
24 years$8,686$6,701$5,109$3,855$2,883$789
25 years$8,250$6,289$4,732$3,520$2,595$664
26 years$7,848$5,910$4,388$3,219$2,337$559
27 years$7,477$5,562$4,075$2,946$2,107$471
28 years$7,132$5,241$3,788$2,699$1,901$397
29 years$6,812$4,945$3,525$2,475$1,717$334
30 years$6,514$4,670$3,284$2,272$1,551$282
31 years$6,235$4,414$3,061$2,087$1,402$238
32 years$5,975$4,177$2,856$1,918$1,269$200
33 years$5,731$3,956$2,667$1,763$1,148$169
34 years$5,501$3,749$2,492$1,622$1,039$142
35 years$5,286$3,556$2,330$1,494$942$120
36 years$5,082$3,375$2,179$1,376$853$101
37 years$4,890$3,206$2,040$1,267$773$86
38 years$4,709$3,046$1,910$1,168$701$72
39 years$4,538$2,897$1,790$1,077$636$61
40 years$4,375$2,756$1,677$993$577$51
41 years$4,221$2,624$1,573$917$523$43
42 years$4,074$2,499$1,475$846$475$37
43 years$3,935$2,381$1,384$781$431$31
44 years$3,802$2,269$1,300$721$391$26
45 years$3,676$2,164$1,220$666$355$22
46 years$3,555$2,064$1,146$615$322$19
47 years$3,440$1,970$1,077$568$293$16
48 years$3,330$1,881$1,012$525$266$13
49 years$3,225$1,796$951$485$241$11
50 years$3,124$1,715$894$449$219$9

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 $4,292 every year, while hoping to spend $37,492 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: 78/5/17 Blend
29$3,200,000$3,200,000$3,200,000$3,200,000
30$3,530,827$3,361,227$3,311,627$3,792,702
31$3,851,080$3,486,036$3,382,676$4,090,895
32$4,202,743$3,615,704$3,454,847$4,412,762
33$4,588,979$3,750,430$3,528,141$4,764,812
34$5,013,274$3,890,420$3,602,553$5,150,052
35$5,479,467$4,035,890$3,678,078$5,571,794
36$5,991,791$4,187,067$3,754,711$6,033,685
37$6,554,903$4,344,183$3,832,444$6,539,741
38$7,173,940$4,507,484$3,911,268$7,094,387
39$7,854,557$4,677,226$3,991,170$7,702,496
40$8,602,987$4,853,675$4,072,139$8,369,438
41$9,426,095$5,037,109$4,154,160$9,101,127
42$10,331,447$5,227,818$4,237,214$9,904,076
43$11,327,377$5,426,103$4,321,284$10,785,464
44$12,423,070$5,632,282$4,406,346$11,753,196
45$13,628,642$5,846,683$4,492,378$12,815,983
46$14,955,242$6,069,650$4,579,352$13,983,422
47$16,415,156$6,301,541$4,667,239$15,266,084
48$18,021,916$6,542,731$4,756,005$16,675,618
49$19,790,437$6,793,610$4,845,617$18,224,858
50$21,737,151$7,054,587$4,936,035$19,927,942
51$23,880,164$7,326,086$5,027,216$21,800,450
52$26,239,429$7,608,552$5,119,116$23,859,546
53$28,836,928$7,902,448$5,211,684$26,124,142
54$31,696,887$8,208,260$5,304,867$28,615,078
55$34,845,996$8,526,492$5,398,607$31,355,312
56$38,313,670$8,857,672$5,492,842$34,370,145
57$42,132,318$9,202,351$5,587,506$37,687,451
58$46,337,653$9,561,106$5,682,527$41,337,948
59$50,969,030$9,934,536$5,777,828$45,355,479
60$56,069,813$10,323,270$5,873,326$49,777,338
61$61,687,786$10,727,963$5,968,936$54,644,619
62$67,875,607$11,149,300$6,064,561$60,002,601
63$74,691,299$11,587,995$6,160,104$65,901,182
64$82,198,802$12,044,797$6,255,458$72,395,341
65$90,468,573$12,520,486$6,350,509$79,545,662
66$99,578,254$13,015,876$6,445,138$87,418,904
67$109,613,402$13,531,819$6,539,215$96,088,632
68$120,668,296$14,069,207$6,632,607$105,635,909
69$132,846,832$14,628,967$6,725,169$116,150,060
70$146,263,495$15,212,072$6,816,748$127,729,519
71$161,044,445$15,819,538$6,907,183$140,482,752
72$177,328,708$16,452,424$6,996,303$154,529,287
73$195,269,484$17,111,841$7,083,926$170,000,835
74$215,035,596$17,798,946$7,169,863$187,042,537
75$236,813,084$18,514,951$7,253,910$205,814,334
76$260,806,956$19,261,122$7,335,854$226,492,472
77$287,243,131$20,038,782$7,415,470$249,271,171
78$316,370,562$20,849,313$7,492,520$274,364,455
79$348,463,592$21,694,163$7,566,753$302,008,168
80$383,824,544$22,574,842$7,637,904$332,462,209
81$422,786,569$23,492,931$7,705,696$366,012,975
82$465,716,796$24,450,082$7,769,834$402,976,072
83$513,019,796$25,448,023$7,830,009$443,699,289
84$565,141,397$26,488,558$7,885,897$488,565,881
85$622,572,900$27,573,578$7,937,155$537,998,189
86$685,855,710$28,705,057$7,983,423$592,461,624
87$755,586,447$29,885,060$8,024,323$652,469,060
88$832,422,584$31,115,747$8,059,457$718,585,678
89$917,088,645$32,399,376$8,088,407$791,434,297
90$1,010,383,053$33,738,311$8,110,734$871,701,253
91$1,113,185,657$35,135,022$8,125,977$960,142,882
92$1,226,466,049$36,592,092$8,133,652$1,057,592,656
93$1,351,292,707$38,112,226$8,133,250$1,164,969,050
94$1,488,843,089$39,698,251$8,124,240$1,283,284,214
95$1,640,414,743$41,353,125$8,106,061$1,413,653,527
96$1,807,437,561$43,079,941$8,078,128$1,557,306,126
97$1,991,487,272$44,881,938$8,039,825$1,715,596,508
98$2,194,300,322$46,762,502$7,990,508$1,890,017,318
99$2,417,790,266$48,725,176$7,929,501$2,082,213,438
100$2,664,065,831$50,773,667$7,856,097$2,293,997,517