Can I retire at age 30 with 3,500,000?

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 $3,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$289,027$286,452$283,940$281,489$279,095$273,460
2 years$143,083$140,418$137,835$135,331$132,902$127,250
3 years$94,441$91,765$89,188$86,708$84,319$78,825
4 years$70,125$67,457$64,906$62,468$60,137$54,844
5 years$55,539$52,887$50,370$47,982$45,715$40,639
6 years$45,818$43,186$40,706$38,371$36,173$31,318
7 years$38,878$36,268$33,827$31,547$29,418$24,786
8 years$33,674$31,088$28,688$26,464$24,405$19,995
9 years$29,630$27,068$24,709$22,542$20,553$16,361
10 years$26,396$23,859$21,542$19,431$17,512$13,534
11 years$23,752$21,240$18,965$16,911$15,061$11,293
12 years$21,550$19,064$16,831$14,833$13,051$9,487
13 years$19,688$17,228$15,038$13,095$11,381$8,015
14 years$18,094$15,660$13,511$11,625$9,977$6,802
15 years$16,713$14,306$12,199$10,367$8,784$5,795
16 years$15,506$13,125$11,060$9,283$7,763$4,952
17 years$14,443$12,088$10,064$8,340$6,884$4,243
18 years$13,498$11,170$9,187$7,516$6,121$3,643
19 years$12,654$10,352$8,411$6,792$5,455$3,135
20 years$11,895$9,620$7,719$6,151$4,873$2,701
21 years$11,210$8,960$7,100$5,583$4,361$2,331
22 years$10,587$8,364$6,544$5,076$3,909$2,014
23 years$10,020$7,823$6,042$4,623$3,509$1,741
24 years$9,501$7,329$5,588$4,216$3,154$1,507
25 years$9,024$6,878$5,175$3,850$2,838$1,305
26 years$8,584$6,464$4,800$3,521$2,556$1,132
27 years$8,177$6,084$4,457$3,223$2,305$981
28 years$7,801$5,733$4,143$2,953$2,080$851
29 years$7,451$5,408$3,856$2,708$1,878$739
30 years$7,124$5,107$3,592$2,485$1,697$642
31 years$6,820$4,828$3,348$2,282$1,534$557
32 years$6,535$4,569$3,124$2,097$1,388$484
33 years$6,268$4,326$2,917$1,929$1,256$421
34 years$6,017$4,100$2,725$1,775$1,137$366
35 years$5,781$3,889$2,548$1,634$1,030$318
36 years$5,559$3,691$2,384$1,504$933$276
37 years$5,349$3,506$2,231$1,386$846$240
38 years$5,151$3,332$2,089$1,278$767$209
39 years$4,963$3,168$1,957$1,178$695$182
40 years$4,785$3,014$1,835$1,087$631$158
41 years$4,616$2,869$1,720$1,003$572$138
42 years$4,456$2,733$1,614$925$519$120
43 years$4,304$2,604$1,514$854$471$104
44 years$4,158$2,482$1,421$789$428$91
45 years$4,020$2,367$1,335$728$388$79
46 years$3,888$2,258$1,254$673$352$69
47 years$3,763$2,155$1,178$622$320$60
48 years$3,642$2,057$1,107$574$291$52
49 years$3,527$1,964$1,040$531$264$45
50 years$3,417$1,876$978$491$240$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $3,500,000, adding $3,817 every year, while hoping to spend $40,162 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: 47/28/25 Blend
29$3,500,000$3,500,000$3,500,000$3,500,000
30$3,860,937$3,675,437$3,621,187$4,014,632
31$4,212,021$3,812,802$3,699,765$4,260,390
32$4,597,569$3,955,551$3,779,629$4,522,738
33$5,021,054$4,103,906$3,860,780$4,806,717
34$5,486,303$4,258,099$3,943,217$5,114,378
35$5,997,530$4,418,370$4,026,939$5,447,972
36$6,559,378$4,584,970$4,111,942$5,809,979
37$7,176,963$4,758,161$4,198,220$6,203,123
38$7,855,920$4,938,218$4,285,767$6,630,402
39$8,602,458$5,125,425$4,374,575$7,095,113
40$9,423,418$5,320,081$4,464,632$7,600,885
41$10,326,336$5,522,494$4,555,927$8,151,708
42$11,319,517$5,732,991$4,648,445$8,751,976
43$12,412,109$5,951,908$4,742,169$9,406,522
44$13,614,192$6,179,600$4,837,080$10,120,666
45$14,936,873$6,416,434$4,933,155$10,900,263
46$16,392,390$6,662,795$5,030,372$11,751,758
47$17,994,226$6,919,084$5,128,701$12,682,247
48$19,757,238$7,185,720$5,228,114$13,699,538
49$21,697,797$7,463,141$5,328,577$14,812,232
50$23,833,941$7,751,804$5,430,053$16,029,796
51$26,185,545$8,052,184$5,532,501$17,362,653
52$28,774,509$8,364,780$5,635,879$18,822,283
53$31,624,966$8,690,111$5,740,138$20,421,324
54$34,763,507$9,028,721$5,845,227$22,173,695
55$38,219,432$9,381,175$5,951,089$24,094,724
56$42,025,027$9,748,066$6,057,664$26,201,292
57$46,215,871$10,130,012$6,164,886$28,511,991
58$50,831,165$10,527,659$6,272,686$31,047,297
59$55,914,110$10,941,680$6,380,987$33,829,764
60$61,512,308$11,372,781$6,489,708$36,884,233
61$67,678,213$11,821,697$6,598,763$40,238,066
62$74,469,627$12,289,196$6,708,058$43,921,403
63$81,950,245$12,776,083$6,817,494$47,967,445
64$90,190,255$13,283,195$6,926,965$52,412,763
65$99,266,999$13,811,411$7,036,357$57,297,646
66$109,265,708$14,361,645$7,145,549$62,666,476
67$120,280,300$14,934,855$7,254,415$68,568,144
68$132,414,268$15,532,041$7,362,816$75,056,513
69$145,781,661$16,154,248$7,470,608$82,190,923
70$160,508,154$16,802,570$7,577,636$90,036,748
71$176,732,238$17,478,147$7,683,739$98,666,010
72$194,606,523$18,182,174$7,788,741$108,158,060
73$214,299,185$18,915,897$7,892,461$118,600,322
74$235,995,547$19,680,621$7,994,703$130,089,114
75$259,899,830$20,477,708$8,095,263$142,730,558
76$286,237,081$21,308,584$8,193,922$156,641,579
77$315,255,296$22,174,738$8,290,452$171,951,002
78$347,227,764$23,077,728$8,384,610$188,800,768
79$382,455,641$24,019,181$8,476,139$207,347,272
80$421,270,796$25,000,802$8,564,770$227,762,833
81$464,038,945$26,024,369$8,650,217$250,237,319
82$511,163,099$27,091,744$8,732,181$274,979,934
83$563,087,370$28,204,874$8,810,344$302,221,194
84$620,301,164$29,365,796$8,884,373$332,215,092
85$683,343,800$30,576,637$8,953,917$365,241,500
86$752,809,601$31,839,625$9,018,606$401,608,798
87$829,353,502$33,157,088$9,078,051$441,656,790
88$913,697,236$34,531,463$9,131,843$485,759,899
89$1,006,636,146$35,965,297$9,179,552$534,330,703
90$1,109,046,692$37,461,255$9,220,726$587,823,822
91$1,221,894,724$39,022,126$9,254,889$646,740,205
92$1,346,244,600$40,650,825$9,281,543$711,631,854
93$1,483,269,238$42,350,403$9,300,163$783,107,031
94$1,634,261,181$44,124,054$9,310,199$861,835,992
95$1,800,644,804$45,975,115$9,311,073$948,557,311
96$1,983,989,759$47,907,081$9,302,179$1,044,084,843
97$2,186,025,795$49,923,608$9,282,882$1,149,315,403
98$2,408,659,082$52,028,521$9,252,515$1,265,237,226
99$2,653,990,212$54,225,822$9,210,378$1,392,939,289
100$2,924,334,026$56,519,700$9,155,738$1,533,621,581