Can I retire at age 30 with 3,300,000?

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 $3,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$272,511$270,084$267,715$265,404$263,147$258,574
2 years$134,906$132,394$129,959$127,598$125,308$120,716
3 years$89,044$86,521$84,092$81,753$79,500$75,033
4 years$66,118$63,602$61,197$58,899$56,700$52,391
5 years$52,365$49,865$47,492$45,240$43,103$38,963
6 years$43,200$40,718$38,380$36,179$34,106$30,141
7 years$36,656$34,195$31,894$29,744$27,737$23,949
8 years$31,750$29,312$27,049$24,952$23,011$19,398
9 years$27,937$25,521$23,297$21,253$19,378$15,939
10 years$24,887$22,496$20,311$18,321$16,511$13,242
11 years$22,394$20,026$17,881$15,944$14,200$11,098
12 years$20,318$17,975$15,869$13,985$12,306$9,366
13 years$18,563$16,244$14,178$12,347$10,731$7,949
14 years$17,060$14,765$12,739$10,960$9,406$6,778
15 years$15,758$13,488$11,502$9,775$8,282$5,802
16 years$14,620$12,375$10,428$8,752$7,320$4,983
17 years$13,617$11,397$9,489$7,864$6,490$4,291
18 years$12,727$10,531$8,662$7,087$5,771$3,704
19 years$11,931$9,760$7,930$6,404$5,144$3,203
20 years$11,216$9,070$7,278$5,800$4,594$2,775
21 years$10,569$8,448$6,694$5,264$4,112$2,407
22 years$9,982$7,886$6,170$4,786$3,685$2,091
23 years$9,447$7,376$5,697$4,359$3,308$1,818
24 years$8,958$6,911$5,268$3,975$2,973$1,582
25 years$8,508$6,485$4,880$3,630$2,676$1,378
26 years$8,093$6,095$4,526$3,319$2,410$1,201
27 years$7,710$5,736$4,202$3,038$2,173$1,047
28 years$7,355$5,405$3,907$2,784$1,961$914
29 years$7,025$5,099$3,635$2,553$1,770$798
30 years$6,717$4,816$3,386$2,343$1,600$697
31 years$6,430$4,552$3,157$2,152$1,446$609
32 years$6,162$4,307$2,945$1,977$1,308$532
33 years$5,910$4,079$2,750$1,818$1,184$465
34 years$5,673$3,866$2,570$1,673$1,072$406
35 years$5,451$3,667$2,402$1,540$971$355
36 years$5,241$3,481$2,247$1,418$880$311
37 years$5,043$3,306$2,104$1,307$797$272
38 years$4,856$3,142$1,970$1,205$723$238
39 years$4,679$2,987$1,846$1,111$655$208
40 years$4,512$2,842$1,730$1,025$595$182
41 years$4,353$2,706$1,622$945$539$159
42 years$4,201$2,577$1,522$872$489$139
43 years$4,058$2,455$1,428$805$444$122
44 years$3,921$2,340$1,340$744$403$107
45 years$3,791$2,232$1,258$687$366$94
46 years$3,666$2,129$1,182$634$332$82
47 years$3,548$2,032$1,110$586$302$72
48 years$3,434$1,939$1,043$541$274$63
49 years$3,326$1,852$981$500$249$55
50 years$3,222$1,769$922$463$226$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $3,300,000, adding $3,302 every year, while hoping to spend $38,635 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: 32/40/28 Blend
29$3,300,000$3,300,000$3,300,000$3,300,000
30$3,640,006$3,465,106$3,413,956$3,725,291
31$3,970,179$3,593,789$3,487,216$3,919,661
32$4,332,735$3,727,482$3,561,636$4,125,226
33$4,730,936$3,866,391$3,637,213$4,345,887
34$5,168,376$4,010,729$3,713,944$4,582,999
35$5,649,014$4,160,717$3,791,824$4,838,051
36$6,177,211$4,316,590$3,870,847$5,112,676
37$6,757,771$4,478,588$3,951,006$5,408,669
38$7,395,990$4,646,964$4,032,290$5,727,999
39$8,097,697$4,821,982$4,114,689$6,072,831
40$8,869,319$5,003,917$4,198,188$6,445,540
41$9,717,935$5,193,054$4,282,772$6,848,741
42$10,651,344$5,389,693$4,368,425$7,285,303
43$11,678,140$5,594,146$4,455,125$7,758,382
44$12,807,790$5,806,739$4,542,852$8,271,448
45$14,050,726$6,027,811$4,631,579$8,828,314
46$15,418,443$6,257,716$4,721,280$9,433,175
47$16,923,605$6,496,825$4,811,923$10,090,643
48$18,580,166$6,745,524$4,903,477$10,805,791
49$20,403,503$7,004,215$4,995,903$11,584,201
50$22,410,558$7,273,318$5,089,163$12,432,012
51$24,619,998$7,553,274$5,183,213$13,355,978
52$27,052,393$7,844,539$5,278,006$14,363,532
53$29,730,408$8,147,593$5,373,491$15,462,854
54$32,679,020$8,462,935$5,469,612$16,662,943
55$35,925,747$8,791,086$5,566,311$17,973,706
56$39,500,914$9,132,591$5,663,524$19,406,048
57$43,437,937$9,488,017$5,761,182$20,971,971
58$47,773,636$9,857,960$5,859,211$22,684,686
59$52,548,585$10,243,038$5,957,533$24,558,739
60$57,807,493$10,643,899$6,056,062$26,610,144
61$63,599,627$11,061,219$6,154,709$28,856,532
62$69,979,274$11,495,705$6,253,378$31,317,316
63$77,006,260$11,948,093$6,351,965$34,013,873
64$84,746,504$12,419,156$6,450,362$36,969,740
65$93,272,650$12,909,697$6,548,451$40,210,838
66$102,664,745$13,420,557$6,646,110$43,765,713
67$113,011,001$13,952,616$6,743,206$47,665,802
68$124,408,619$14,506,791$6,839,600$51,945,728
69$136,964,716$15,084,041$6,935,144$56,643,624
70$150,797,326$15,685,368$7,029,681$61,801,489
71$166,036,523$16,311,820$7,123,044$67,465,584
72$182,825,640$16,964,491$7,215,058$73,686,862
73$201,322,629$17,644,525$7,305,536$80,521,449
74$221,701,547$18,353,117$7,394,282$88,031,171
75$244,154,202$19,091,516$7,481,087$96,284,130
76$268,891,958$19,861,029$7,565,731$105,355,346
77$296,147,738$20,663,019$7,647,983$115,327,464
78$326,178,214$21,498,914$7,727,598$126,291,524
79$359,266,237$22,370,205$7,804,316$138,347,821
80$395,723,499$23,278,452$7,877,868$151,606,848
81$435,893,484$24,225,284$7,947,964$166,190,332
82$480,154,702$25,212,405$8,014,304$182,232,377
83$528,924,267$26,241,599$8,076,568$199,880,733
84$582,661,832$27,314,727$8,134,423$219,298,174
85$641,873,928$28,433,737$8,187,515$240,664,041
86$707,118,746$29,600,668$8,235,475$264,175,923
87$779,011,407$30,817,650$8,277,912$290,051,516
88$858,229,766$32,086,910$8,314,417$318,530,676
89$945,520,811$33,410,778$8,344,559$349,877,676
90$1,041,707,719$34,791,691$8,367,887$384,383,691
91$1,147,697,621$36,232,198$8,383,926$422,369,545
92$1,264,490,168$37,734,966$8,392,177$464,188,731
93$1,393,186,967$39,302,781$8,392,117$510,230,738
94$1,535,001,983$40,938,562$8,383,198$560,924,723
95$1,691,272,993$42,645,359$8,364,843$616,743,555
96$1,863,474,221$44,426,365$8,336,448$678,208,271
97$2,053,230,254$46,284,919$8,297,381$745,892,981
98$2,262,331,374$48,224,514$8,246,977$820,430,286
99$2,492,750,465$50,248,806$8,184,542$902,517,237
100$2,746,661,633$52,361,619$8,109,345$992,921,905