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%16%
1 years$264,253$261,899$259,603$257,361$255,172$248,903
2 years$130,818$128,382$126,021$123,731$121,511$115,233
3 years$86,346$83,899$81,544$79,276$77,091$71,001
4 years$64,114$61,675$59,343$57,114$54,982$49,127
5 years$50,778$48,354$46,053$43,869$41,797$36,193
6 years$41,891$39,484$37,217$35,082$33,072$27,725
7 years$35,545$33,159$30,928$28,843$26,897$21,807
8 years$30,788$28,423$26,229$24,196$22,313$17,479
9 years$27,090$24,748$22,591$20,609$18,791$14,208
10 years$24,133$21,814$19,696$17,766$16,011$11,674
11 years$21,716$19,420$17,340$15,461$13,770$9,673
12 years$19,703$17,430$15,388$13,562$11,933$8,068
13 years$18,000$15,752$13,749$11,973$10,406$6,766
14 years$16,543$14,318$12,353$10,628$9,121$5,699
15 years$15,281$13,080$11,153$9,478$8,031$4,818
16 years$14,177$12,000$10,112$8,487$7,098$4,085
17 years$13,205$11,052$9,202$7,625$6,294$3,473
18 years$12,341$10,212$8,400$6,872$5,596$2,958
19 years$11,569$9,465$7,690$6,210$4,988$2,524
20 years$10,876$8,795$7,057$5,624$4,455$2,157
21 years$10,249$8,192$6,491$5,104$3,987$1,846
22 years$9,680$7,647$5,983$4,641$3,574$1,581
23 years$9,161$7,152$5,524$4,226$3,208$1,356
24 years$8,686$6,701$5,109$3,855$2,883$1,163
25 years$8,250$6,289$4,732$3,520$2,595$999
26 years$7,848$5,910$4,388$3,219$2,337$858
27 years$7,477$5,562$4,075$2,946$2,107$737
28 years$7,132$5,241$3,788$2,699$1,901$634
29 years$6,812$4,945$3,525$2,475$1,717$545
30 years$6,514$4,670$3,284$2,272$1,551$469
31 years$6,235$4,414$3,061$2,087$1,402$404
32 years$5,975$4,177$2,856$1,918$1,269$348
33 years$5,731$3,956$2,667$1,763$1,148$299
34 years$5,501$3,749$2,492$1,622$1,039$258
35 years$5,286$3,556$2,330$1,494$942$222
36 years$5,082$3,375$2,179$1,376$853$191
37 years$4,890$3,206$2,040$1,267$773$165
38 years$4,709$3,046$1,910$1,168$701$142
39 years$4,538$2,897$1,790$1,077$636$122
40 years$4,375$2,756$1,677$993$577$105
41 years$4,221$2,624$1,573$917$523$91
42 years$4,074$2,499$1,475$846$475$78
43 years$3,935$2,381$1,384$781$431$67
44 years$3,802$2,269$1,300$721$391$58
45 years$3,676$2,164$1,220$666$355$50
46 years$3,555$2,064$1,146$615$322$43
47 years$3,440$1,970$1,077$568$293$37
48 years$3,330$1,881$1,012$525$266$32
49 years$3,225$1,796$951$485$241$28
50 years$3,124$1,715$894$449$219$24

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 $5,493 every year, while hoping to spend $59,620 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: 68/11/21 Blend
29$3,200,000$3,200,000$3,200,000$3,200,000
30$3,532,066$3,362,466$3,312,866$3,753,328
31$3,828,902$3,463,792$3,360,412$4,003,428
32$4,154,016$3,568,084$3,407,552$4,269,484
33$4,510,231$3,675,426$3,454,211$4,559,099
34$4,900,654$3,785,901$3,500,306$4,874,592
35$5,328,707$3,899,596$3,545,753$5,218,520
36$5,798,159$4,016,601$3,590,459$5,593,698
37$6,313,162$4,137,005$3,634,331$6,003,226
38$6,878,289$4,260,902$3,677,265$6,450,521
39$7,498,575$4,388,387$3,719,154$6,939,344
40$8,179,570$4,519,558$3,759,886$7,473,840
41$8,927,385$4,654,515$3,799,341$8,058,574
42$9,748,752$4,793,361$3,837,393$8,698,577
43$10,651,088$4,936,199$3,873,909$9,399,389
44$11,642,564$5,083,136$3,908,749$10,167,114
45$12,732,179$5,234,284$3,941,765$11,008,479
46$13,929,850$5,389,753$3,972,803$11,930,894
47$15,246,502$5,549,657$4,001,699$12,942,524
48$16,694,170$5,714,116$4,028,281$14,052,363
49$18,286,115$5,883,247$4,052,368$15,270,323
50$20,036,946$6,057,173$4,073,770$16,607,326
51$21,962,760$6,236,020$4,092,287$18,075,404
52$24,081,291$6,419,915$4,107,708$19,687,817
53$26,412,080$6,608,988$4,119,813$21,459,175
54$28,976,656$6,803,372$4,128,371$23,405,576
55$31,798,740$7,003,204$4,133,137$25,544,760
56$34,904,472$7,208,620$4,133,857$27,896,274
57$38,322,648$7,419,763$4,130,262$30,481,658
58$42,085,004$7,636,777$4,122,071$33,324,646
59$46,226,503$7,859,808$4,108,990$36,451,394
60$50,785,673$8,089,006$4,090,708$39,890,722
61$55,804,967$8,324,522$4,066,901$43,674,391
62$61,331,162$8,566,512$4,037,231$47,837,399
63$67,415,803$8,815,133$4,001,341$52,418,312
64$74,115,686$9,070,546$3,958,857$57,459,629
65$81,493,397$9,332,914$3,909,389$63,008,183
66$89,617,899$9,602,401$3,852,529$69,115,584
67$98,565,183$9,879,177$3,787,847$75,838,704
68$108,418,987$10,163,413$3,714,895$83,240,215
69$119,271,584$10,455,280$3,633,205$91,389,181
70$131,224,653$10,754,956$3,542,284$100,361,710
71$144,390,236$11,062,618$3,441,620$110,241,673
72$158,891,801$11,378,447$3,330,674$121,121,495
73$174,865,398$11,702,624$3,208,886$133,103,027
74$192,460,951$12,035,335$3,075,666$146,298,510
75$211,843,668$12,376,767$2,930,401$160,831,633
76$233,195,601$12,727,107$2,772,448$176,838,702
77$256,717,363$13,086,546$2,601,136$194,469,924
78$282,630,023$13,455,276$2,415,762$213,890,831
79$311,177,190$13,833,489$2,215,595$235,283,836
80$342,627,313$14,221,380$1,999,868$258,849,964
81$377,276,216$14,619,144$1,767,780$284,810,739
82$415,449,886$15,026,978$1,518,496$313,410,287
83$457,507,552$15,445,078$1,251,144$344,917,635
84$503,845,076$15,873,640$964,811$379,629,249
85$554,898,688$16,312,863$658,546$417,871,841
86$611,149,103$16,762,942$331,356$460,005,447
87$673,126,058$17,224,073$0$506,426,830
88$741,413,315$17,696,452$0$557,577,217
89$816,654,167$18,180,272$0$614,013,946
90$899,557,512$18,675,725$0$676,193,934
91$990,904,543$19,183,000$0$744,702,595
92$1,091,556,125$19,702,285$0$820,185,047
93$1,202,460,916$20,233,764$0$903,352,197
94$1,324,664,328$20,777,617$0$994,987,452
95$1,459,318,388$21,334,018$0$1,095,954,114
96$1,607,692,618$21,903,140$0$1,207,203,532
97$1,771,186,019$22,485,147$0$1,329,784,075
98$1,951,340,271$23,080,198$0$1,464,851,036
99$2,149,854,296$23,688,445$0$1,613,677,532
100$2,368,600,287$24,310,032$0$1,777,666,526