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%11.3%
1 years$297,285$294,637$292,053$289,531$287,069$285,499
2 years$147,171$144,430$141,773$139,198$136,700$135,116
3 years$97,139$94,386$91,737$89,185$86,728$85,179
4 years$72,128$69,384$66,761$64,253$61,855$60,353
5 years$57,126$54,398$51,809$49,352$47,021$45,570
6 years$47,127$44,420$41,869$39,468$37,206$35,808
7 years$39,988$37,304$34,794$32,448$30,259$28,914
8 years$34,637$31,976$29,508$27,220$25,102$23,812
9 years$30,476$27,841$25,415$23,186$21,140$19,903
10 years$27,150$24,541$22,157$19,986$18,012$16,828
11 years$24,430$21,847$19,507$17,394$15,491$14,359
12 years$22,165$19,609$17,312$15,257$13,424$12,344
13 years$20,251$17,721$15,467$13,470$11,706$10,676
14 years$18,611$16,107$13,897$11,957$10,262$9,280
15 years$17,191$14,714$12,547$10,663$9,035$8,101
16 years$15,949$13,500$11,376$9,548$7,985$7,098
17 years$14,855$12,433$10,352$8,579$7,080$6,238
18 years$13,884$11,489$9,450$7,731$6,295$5,497
19 years$13,016$10,648$8,651$6,986$5,611$4,855
20 years$12,235$9,894$7,939$6,327$5,012$4,296
21 years$11,530$9,216$7,303$5,742$4,485$3,808
22 years$10,890$8,603$6,731$5,221$4,020$3,381
23 years$10,306$8,046$6,214$4,755$3,609$3,006
24 years$9,772$7,539$5,747$4,337$3,244$2,675
25 years$9,281$7,075$5,323$3,960$2,919$2,384
26 years$8,829$6,649$4,937$3,621$2,629$2,126
27 years$8,411$6,258$4,584$3,315$2,371$1,897
28 years$8,024$5,897$4,262$3,037$2,139$1,695
29 years$7,664$5,563$3,966$2,785$1,931$1,514
30 years$7,328$5,253$3,694$2,556$1,745$1,354
31 years$7,015$4,966$3,444$2,347$1,578$1,212
32 years$6,722$4,699$3,213$2,157$1,427$1,084
33 years$6,447$4,450$3,000$1,984$1,292$971
34 years$6,189$4,218$2,803$1,825$1,169$870
35 years$5,946$4,000$2,621$1,680$1,059$779
36 years$5,718$3,797$2,452$1,547$960$698
37 years$5,502$3,606$2,295$1,426$870$626
38 years$5,298$3,427$2,149$1,314$789$562
39 years$5,105$3,259$2,013$1,212$715$504
40 years$4,922$3,101$1,887$1,118$649$452
41 years$4,748$2,951$1,770$1,031$588$405
42 years$4,583$2,811$1,660$952$534$364
43 years$4,427$2,678$1,558$878$485$326
44 years$4,277$2,553$1,462$811$440$293
45 years$4,135$2,434$1,373$749$399$263
46 years$3,999$2,322$1,289$692$363$236
47 years$3,870$2,216$1,211$639$329$212
48 years$3,746$2,116$1,138$591$299$190
49 years$3,628$2,020$1,070$546$272$171
50 years$3,515$1,930$1,006$505$247$153

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 $4,263 every year, while hoping to spend $45,034 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: 48/36/16 Blend
29$3,600,000$3,600,000$3,600,000$3,600,000
30$3,971,597$3,780,797$3,724,997$4,144,246
31$4,328,784$3,918,141$3,801,869$4,401,525
32$4,720,895$4,060,704$3,879,806$4,675,770
33$5,151,444$4,208,697$3,958,798$4,972,576
34$5,624,304$4,362,335$4,038,829$5,294,069
35$6,143,738$4,521,845$4,119,886$5,642,589
36$6,714,446$4,687,462$4,201,949$6,020,707
37$7,341,604$4,859,432$4,284,998$6,431,251
38$8,030,914$5,038,010$4,369,012$6,877,330
39$8,788,658$5,223,463$4,453,965$7,362,364
40$9,621,758$5,416,070$4,539,829$7,890,114
41$10,537,838$5,616,118$4,626,574$8,464,718
42$11,545,301$5,823,911$4,714,168$9,090,729
43$12,653,401$6,039,763$4,802,572$9,773,155
44$13,872,338$6,264,001$4,891,749$10,517,509
45$15,213,348$6,496,968$4,981,653$11,329,857
46$16,688,811$6,739,021$5,072,240$12,216,873
47$18,312,367$6,990,531$5,163,458$13,185,907
48$20,099,047$7,251,886$5,255,252$14,245,045
49$22,065,412$7,523,490$5,347,565$15,403,190
50$24,229,708$7,805,764$5,440,332$16,670,144
51$26,612,041$8,099,150$5,533,486$18,056,697
52$29,234,565$8,404,104$5,626,954$19,574,728
53$32,121,692$8,721,107$5,720,658$21,237,319
54$35,300,320$9,050,656$5,814,516$23,058,872
55$38,800,087$9,393,274$5,908,437$25,055,247
56$42,653,654$9,749,502$6,002,327$27,243,910
57$46,897,007$10,119,908$6,096,086$29,644,094
58$51,569,802$10,505,083$6,189,604$32,276,981
59$56,715,734$10,905,645$6,282,769$35,165,898
60$62,382,955$11,322,237$6,375,458$38,336,539
61$68,624,522$11,755,533$6,467,541$41,817,202
62$75,498,902$12,206,232$6,558,882$45,639,056
63$83,070,521$12,675,069$6,649,336$49,836,432
64$91,410,373$13,162,806$6,738,748$54,447,148
65$100,596,690$13,670,242$6,826,954$59,512,858
66$110,715,679$14,198,210$6,913,784$65,079,450
67$121,862,335$14,747,580$6,999,053$71,197,471
68$134,141,341$15,319,259$7,082,568$77,922,605
69$147,668,050$15,914,195$7,164,127$85,316,193
70$162,569,579$16,533,378$7,243,513$93,445,814
71$178,986,004$17,177,842$7,320,499$102,385,916
72$197,071,686$17,848,666$7,394,845$112,218,518
73$216,996,725$18,546,977$7,466,299$123,033,980
74$238,948,565$19,273,953$7,534,594$134,931,853
75$263,133,765$20,030,823$7,599,449$148,021,818
76$289,779,947$20,818,872$7,660,569$162,424,713
77$319,137,947$21,639,441$7,717,643$178,273,676
78$351,484,176$22,493,932$7,770,343$195,715,394
79$387,123,236$23,383,809$7,818,324$214,911,486
80$426,390,792$24,310,602$7,861,224$236,040,022
81$469,656,741$25,275,909$7,898,662$259,297,203
82$517,328,699$26,281,400$7,930,238$284,899,210
83$569,855,857$27,328,819$7,955,532$313,084,233
84$627,733,214$28,419,990$7,974,101$344,114,725
85$691,506,250$29,556,819$7,985,482$378,279,866
86$761,776,081$30,741,295$7,989,189$415,898,294
87$839,205,124$31,975,502$7,984,709$457,321,104
88$924,523,357$33,261,612$7,971,508$502,935,157
89$1,018,535,209$34,601,901$7,949,023$553,166,731
90$1,122,127,150$35,998,743$7,916,665$608,485,533
91$1,236,276,061$37,454,623$7,873,815$669,409,131
92$1,362,058,457$38,972,138$7,819,825$736,507,832
93$1,500,660,648$40,554,001$7,754,018$810,410,060
94$1,653,389,937$42,203,050$7,675,681$891,808,281
95$1,821,686,964$43,922,253$7,584,070$981,465,534
96$2,007,139,303$45,714,712$7,478,404$1,080,222,625
97$2,211,496,448$47,583,669$7,357,867$1,189,006,057
98$2,436,686,334$49,532,517$7,221,604$1,308,836,770
99$2,684,833,531$51,564,801$7,068,718$1,440,839,770
100$2,958,279,306$53,684,231$6,898,275$1,586,254,739