Can I retire at age 30 with 3,600,000?

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 $3,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$297,285$294,637$292,053$289,531$287,069$278,774
2 years$147,171$144,430$141,773$139,198$136,700$128,408
3 years$97,139$94,386$91,737$89,185$86,728$78,700
4 years$72,128$69,384$66,761$64,253$61,855$54,152
5 years$57,126$54,398$51,809$49,352$47,021$39,665
6 years$47,127$44,420$41,869$39,468$37,206$30,203
7 years$39,988$37,304$34,794$32,448$30,259$23,608
8 years$34,637$31,976$29,508$27,220$25,102$18,801
9 years$30,476$27,841$25,415$23,186$21,140$15,181
10 years$27,150$24,541$22,157$19,986$18,012$12,388
11 years$24,430$21,847$19,507$17,394$15,491$10,192
12 years$22,165$19,609$17,312$15,257$13,424$8,440
13 years$20,251$17,721$15,467$13,470$11,706$7,026
14 years$18,611$16,107$13,897$11,957$10,262$5,874
15 years$17,191$14,714$12,547$10,663$9,035$4,927
16 years$15,949$13,500$11,376$9,548$7,985$4,145
17 years$14,855$12,433$10,352$8,579$7,080$3,496
18 years$13,884$11,489$9,450$7,731$6,295$2,953
19 years$13,016$10,648$8,651$6,986$5,611$2,500
20 years$12,235$9,894$7,939$6,327$5,012$2,118
21 years$11,530$9,216$7,303$5,742$4,485$1,797
22 years$10,890$8,603$6,731$5,221$4,020$1,526
23 years$10,306$8,046$6,214$4,755$3,609$1,297
24 years$9,772$7,539$5,747$4,337$3,244$1,104
25 years$9,281$7,075$5,323$3,960$2,919$939
26 years$8,829$6,649$4,937$3,621$2,629$800
27 years$8,411$6,258$4,584$3,315$2,371$681
28 years$8,024$5,897$4,262$3,037$2,139$581
29 years$7,664$5,563$3,966$2,785$1,931$495
30 years$7,328$5,253$3,694$2,556$1,745$422
31 years$7,015$4,966$3,444$2,347$1,578$360
32 years$6,722$4,699$3,213$2,157$1,427$307
33 years$6,447$4,450$3,000$1,984$1,292$262
34 years$6,189$4,218$2,803$1,825$1,169$224
35 years$5,946$4,000$2,621$1,680$1,059$191
36 years$5,718$3,797$2,452$1,547$960$163
37 years$5,502$3,606$2,295$1,426$870$139
38 years$5,298$3,427$2,149$1,314$789$119
39 years$5,105$3,259$2,013$1,212$715$101
40 years$4,922$3,101$1,887$1,118$649$86
41 years$4,748$2,951$1,770$1,031$588$74
42 years$4,583$2,811$1,660$952$534$63
43 years$4,427$2,678$1,558$878$485$54
44 years$4,277$2,553$1,462$811$440$46
45 years$4,135$2,434$1,373$749$399$39
46 years$3,999$2,322$1,289$692$363$33
47 years$3,870$2,216$1,211$639$329$29
48 years$3,746$2,116$1,138$591$299$24
49 years$3,628$2,020$1,070$546$272$21
50 years$3,515$1,930$1,006$505$247$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $3,600,000, adding $6,554 every year, while hoping to spend $21,619 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: 46/26/28 Blend
29$3,600,000$3,600,000$3,600,000$3,600,000
30$3,973,960$3,783,160$3,727,360$4,124,456
31$4,356,302$3,945,533$3,829,225$4,394,090
32$4,776,918$4,115,137$3,933,777$4,683,872
33$5,239,689$4,292,304$4,041,084$4,997,885
34$5,748,892$4,477,382$4,151,215$5,338,411
35$6,309,238$4,670,733$4,264,240$5,707,958
36$6,925,920$4,872,738$4,380,231$6,109,283
37$7,604,656$5,083,795$4,499,262$6,545,416
38$8,351,752$5,304,321$4,621,407$7,019,686
39$9,174,150$5,534,753$4,746,744$7,535,757
40$10,079,505$5,775,547$4,875,351$8,097,654
41$11,076,248$6,027,183$5,007,309$8,709,806
42$12,173,671$6,290,160$5,142,699$9,377,083
43$13,382,011$6,565,004$5,281,606$10,104,844
44$14,712,551$6,852,264$5,424,115$10,898,980
45$16,177,722$7,152,516$5,570,313$11,765,977
46$17,791,222$7,466,361$5,720,291$12,712,968
47$19,568,145$7,794,431$5,874,139$13,747,804
48$21,525,124$8,137,386$6,031,951$14,879,123
49$23,680,487$8,495,919$6,193,822$16,116,433
50$26,054,431$8,870,753$6,359,849$17,470,197
51$28,669,211$9,262,648$6,530,132$18,951,934
52$31,549,351$9,672,398$6,704,772$20,574,320
53$34,721,876$10,100,837$6,883,873$22,351,313
54$38,216,565$10,548,836$7,067,540$24,298,276
55$42,066,233$11,017,307$7,255,882$26,432,125
56$46,307,043$11,507,209$7,449,007$28,771,484
57$50,978,841$12,019,542$7,647,029$31,336,858
58$56,125,540$12,555,357$7,850,062$34,150,827
59$61,795,529$13,115,753$8,058,222$37,238,253
60$68,042,129$13,701,882$8,271,630$40,626,515
61$74,924,102$14,314,949$8,490,405$44,345,765
62$82,506,199$14,956,220$8,714,671$48,429,207
63$90,859,774$15,627,018$8,944,556$52,913,410
64$100,063,459$16,328,730$9,180,187$57,838,649
65$110,203,904$17,062,810$9,421,695$63,249,283
66$121,376,595$17,830,780$9,669,214$69,194,170
67$133,686,754$18,634,235$9,922,880$75,727,124
68$147,250,337$19,474,846$10,182,830$82,907,421
69$162,195,122$20,354,365$10,449,206$90,800,353
70$178,661,921$21,274,625$10,722,151$99,477,842
71$196,805,905$22,237,549$11,001,811$109,019,113
72$216,798,070$23,245,152$11,288,334$119,511,442
73$238,826,851$24,299,543$11,581,871$131,050,969
74$263,099,903$25,402,933$11,882,577$143,743,605
75$289,846,056$26,557,640$12,190,606$157,706,027
76$319,317,480$27,766,091$12,506,118$173,066,773
77$351,792,065$29,030,831$12,829,275$189,967,452
78$387,576,039$30,354,526$13,160,239$208,564,072
79$427,006,867$31,739,968$13,499,178$229,028,509
80$470,456,427$33,190,087$13,846,261$251,550,126
81$518,334,531$34,707,950$14,201,660$276,337,551
82$571,092,786$36,296,772$14,565,547$303,620,638
83$629,228,858$37,959,922$14,938,102$333,652,637
84$693,291,176$39,700,932$15,319,502$366,712,570
85$763,884,100$41,523,502$15,709,929$403,107,863
86$841,673,635$43,431,510$16,109,569$443,177,239
87$927,393,713$45,429,022$16,518,607$487,293,906
88$1,021,853,124$47,520,296$16,937,233$535,869,071
89$1,125,943,151$49,709,799$17,365,638$589,355,817
90$1,240,645,982$52,002,209$17,804,017$648,253,368
91$1,367,043,986$54,402,431$18,252,565$713,111,794
92$1,506,329,928$56,915,605$18,711,481$784,537,189
93$1,659,818,231$59,547,120$19,180,966$863,197,390
94$1,828,957,384$62,302,622$19,661,222$949,828,264
95$2,015,343,618$65,188,032$20,152,454$1,045,240,646
96$2,220,735,974$68,209,553$20,654,868$1,150,327,982
97$2,447,072,911$71,373,688$21,168,674$1,266,074,749
98$2,696,490,604$74,687,255$21,694,080$1,393,565,738
99$2,971,343,114$78,157,399$22,231,300$1,533,996,279
100$3,274,224,610$81,791,609$22,780,547$1,688,683,515