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

Use the below retirement simulation to view the chances of a successful retirement.
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%13.7%
1 years$297,285$294,637$292,053$289,531$287,069$282,662
2 years$147,171$144,430$141,773$139,198$136,700$132,271
3 years$97,139$94,386$91,737$89,185$86,728$82,414
4 years$72,128$69,384$66,761$64,253$61,855$57,690
5 years$57,126$54,398$51,809$49,352$47,021$43,017
6 years$47,127$44,420$41,869$39,468$37,206$33,368
7 years$39,988$37,304$34,794$32,448$30,259$26,587
8 years$34,637$31,976$29,508$27,220$25,102$21,597
9 years$30,476$27,841$25,415$23,186$21,140$17,798
10 years$27,150$24,541$22,157$19,986$18,012$14,832
11 years$24,430$21,847$19,507$17,394$15,491$12,470
12 years$22,165$19,609$17,312$15,257$13,424$10,558
13 years$20,251$17,721$15,467$13,470$11,706$8,990
14 years$18,611$16,107$13,897$11,957$10,262$7,692
15 years$17,191$14,714$12,547$10,663$9,035$6,607
16 years$15,949$13,500$11,376$9,548$7,985$5,694
17 years$14,855$12,433$10,352$8,579$7,080$4,920
18 years$13,884$11,489$9,450$7,731$6,295$4,262
19 years$13,016$10,648$8,651$6,986$5,611$3,700
20 years$12,235$9,894$7,939$6,327$5,012$3,217
21 years$11,530$9,216$7,303$5,742$4,485$2,801
22 years$10,890$8,603$6,731$5,221$4,020$2,442
23 years$10,306$8,046$6,214$4,755$3,609$2,132
24 years$9,772$7,539$5,747$4,337$3,244$1,863
25 years$9,281$7,075$5,323$3,960$2,919$1,629
26 years$8,829$6,649$4,937$3,621$2,629$1,425
27 years$8,411$6,258$4,584$3,315$2,371$1,248
28 years$8,024$5,897$4,262$3,037$2,139$1,093
29 years$7,664$5,563$3,966$2,785$1,931$958
30 years$7,328$5,253$3,694$2,556$1,745$840
31 years$7,015$4,966$3,444$2,347$1,578$737
32 years$6,722$4,699$3,213$2,157$1,427$647
33 years$6,447$4,450$3,000$1,984$1,292$568
34 years$6,189$4,218$2,803$1,825$1,169$499
35 years$5,946$4,000$2,621$1,680$1,059$438
36 years$5,718$3,797$2,452$1,547$960$385
37 years$5,502$3,606$2,295$1,426$870$338
38 years$5,298$3,427$2,149$1,314$789$297
39 years$5,105$3,259$2,013$1,212$715$261
40 years$4,922$3,101$1,887$1,118$649$229
41 years$4,748$2,951$1,770$1,031$588$201
42 years$4,583$2,811$1,660$952$534$177
43 years$4,427$2,678$1,558$878$485$156
44 years$4,277$2,553$1,462$811$440$137
45 years$4,135$2,434$1,373$749$399$120
46 years$3,999$2,322$1,289$692$363$106
47 years$3,870$2,216$1,211$639$329$93
48 years$3,746$2,116$1,138$591$299$82
49 years$3,628$2,020$1,070$546$272$72
50 years$3,515$1,930$1,006$505$247$63

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 $6,205 every year, while hoping to spend $25,327 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: 56/32/12 Blend
29$3,600,000$3,600,000$3,600,000$3,600,000
30$3,973,600$3,782,800$3,727,000$4,183,730
31$4,351,960$3,941,210$3,824,907$4,485,102
32$4,768,063$4,106,533$3,925,245$4,809,892
33$5,225,734$4,279,081$4,028,069$5,163,070
34$5,729,183$4,459,180$4,133,434$5,547,351
35$6,283,053$4,647,173$4,241,397$5,965,722
36$6,892,456$4,843,417$4,352,015$6,421,465
37$7,563,028$5,048,285$4,465,349$6,918,190
38$8,300,975$5,262,169$4,581,456$7,459,867
39$9,113,138$5,485,479$4,700,399$8,050,862
40$10,007,054$5,718,643$4,822,238$8,695,978
41$10,991,027$5,962,110$4,947,036$9,400,498
42$12,074,208$6,216,350$5,074,858$10,170,235
43$13,266,679$6,481,853$5,205,768$11,011,584
44$14,579,551$6,759,135$5,339,832$11,931,583
45$16,025,065$7,048,732$5,477,117$12,937,974
46$17,616,711$7,351,210$5,617,690$14,039,281
47$19,369,354$7,667,157$5,761,620$15,244,884
48$21,299,372$7,997,192$5,908,979$16,565,105
49$23,424,814$8,341,960$6,059,835$18,011,309
50$25,765,567$8,702,138$6,214,262$19,596,005
51$28,343,547$9,078,435$6,372,332$21,332,965
52$31,182,902$9,471,592$6,534,118$23,237,349
53$34,310,244$9,882,386$6,699,697$25,325,849
54$37,754,895$10,311,629$6,869,143$27,616,844
55$41,549,168$10,760,172$7,042,533$30,130,570
56$45,728,670$11,228,908$7,219,945$32,889,309
57$50,332,638$11,718,768$7,401,456$35,917,599
58$55,404,309$12,230,730$7,587,148$39,242,460
59$60,991,330$12,765,817$7,777,099$42,893,648
60$67,146,205$13,325,101$7,971,390$46,903,936
61$73,926,789$13,909,703$8,170,103$51,309,415
62$81,396,842$14,520,798$8,373,321$56,149,834
63$89,626,619$15,159,616$8,581,127$61,468,975
64$98,693,543$15,827,447$8,793,604$67,315,060
65$108,682,932$16,525,639$9,010,837$73,741,204
66$119,688,802$17,255,606$9,232,911$80,805,910
67$131,814,757$18,018,828$9,459,911$88,573,623
68$145,174,966$18,816,855$9,691,922$97,115,331
69$159,895,244$19,651,311$9,929,032$106,509,231
70$176,114,230$20,523,898$10,171,327$116,841,463
71$193,984,709$21,436,395$10,418,893$128,206,921
72$213,675,041$22,390,670$10,671,818$140,710,143
73$235,370,759$23,388,677$10,930,188$154,466,292
74$259,276,318$24,432,464$11,194,091$169,602,238
75$285,617,023$25,524,175$11,463,613$186,257,753
76$314,641,157$26,666,058$11,738,842$204,586,822
77$346,622,326$27,860,465$12,019,864$224,759,095
78$381,862,038$29,109,863$12,306,764$246,961,478
79$420,692,555$30,416,835$12,599,630$271,399,892
80$463,480,023$31,784,087$12,898,545$298,301,214
81$510,627,932$33,214,455$13,203,593$327,915,408
82$562,580,926$34,710,908$13,514,859$360,517,879
83$619,828,998$36,276,560$13,832,423$396,412,069
84$682,912,114$37,914,670$14,156,368$435,932,305
85$752,425,316$39,628,655$14,486,773$479,446,957
86$829,024,334$41,422,095$14,823,715$527,361,900
87$913,431,778$43,298,739$15,167,272$580,124,341
88$1,006,443,961$45,262,519$15,517,517$638,227,029
89$1,108,938,414$47,317,551$15,874,522$702,212,896
90$1,221,882,171$49,468,151$16,238,358$772,680,178
91$1,346,340,902$51,718,839$16,609,092$850,288,046
92$1,483,488,965$54,074,354$16,986,788$935,762,819
93$1,634,620,502$56,539,659$17,371,508$1,029,904,812
94$1,801,161,648$59,119,958$17,763,309$1,133,595,876
95$1,984,684,002$61,820,702$18,162,245$1,247,807,713
96$2,186,919,458$64,647,604$18,568,368$1,373,611,034
97$2,409,776,558$67,606,651$18,981,723$1,512,185,654
98$2,655,358,508$70,704,118$19,402,352$1,664,831,617
99$2,925,983,036$73,946,581$19,830,292$1,832,981,449
100$3,224,204,272$77,340,929$20,265,573$2,018,213,674