Can I retire at age 30 with 3,700,000?

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 $3,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$305,543$302,821$300,166$297,574$295,043$284,801
2 years$151,259$148,442$145,711$143,064$140,497$130,284
3 years$99,837$97,008$94,285$91,663$89,137$79,275
4 years$74,132$71,311$68,615$66,038$63,573$54,136
5 years$58,713$55,909$53,248$50,723$48,327$39,341
6 years$48,436$45,654$43,033$40,564$38,240$29,711
7 years$41,099$38,340$35,760$33,350$31,099$23,026
8 years$35,599$32,864$30,328$27,976$25,800$18,176
9 years$31,323$28,614$26,121$23,830$21,727$14,543
10 years$27,904$25,222$22,773$20,541$18,513$11,756
11 years$25,109$22,454$20,049$17,877$15,921$9,579
12 years$22,781$20,153$17,793$15,681$13,797$7,854
13 years$20,813$18,213$15,897$13,844$12,031$6,472
14 years$19,128$16,555$14,283$12,289$10,547$5,354
15 years$17,668$15,123$12,896$10,960$9,286$4,444
16 years$16,392$13,875$11,692$9,813$8,207$3,698
17 years$15,268$12,779$10,639$8,817$7,277$3,085
18 years$14,269$11,808$9,712$7,946$6,470$2,577
19 years$13,377$10,944$8,891$7,180$5,767$2,157
20 years$12,575$10,169$8,160$6,503$5,151$1,807
21 years$11,850$9,472$7,506$5,902$4,610$1,515
22 years$11,192$8,842$6,917$5,366$4,132$1,272
23 years$10,593$8,270$6,387$4,887$3,709$1,069
24 years$10,044$7,748$5,907$4,457$3,334$898
25 years$9,539$7,271$5,471$4,070$3,000$755
26 years$9,074$6,834$5,074$3,722$2,702$635
27 years$8,645$6,431$4,712$3,407$2,436$535
28 years$8,246$6,060$4,380$3,121$2,198$450
29 years$7,876$5,717$4,076$2,862$1,985$379
30 years$7,532$5,399$3,797$2,627$1,794$319
31 years$7,210$5,104$3,540$2,413$1,622$269
32 years$6,909$4,830$3,303$2,217$1,467$227
33 years$6,626$4,574$3,084$2,039$1,328$191
34 years$6,361$4,335$2,881$1,876$1,202$161
35 years$6,112$4,111$2,694$1,727$1,089$136
36 years$5,876$3,902$2,520$1,590$986$114
37 years$5,655$3,706$2,359$1,465$894$96
38 years$5,445$3,522$2,209$1,351$810$81
39 years$5,247$3,349$2,069$1,245$735$68
40 years$5,058$3,187$1,940$1,149$667$58
41 years$4,880$3,033$1,819$1,060$605$49
42 years$4,711$2,889$1,706$978$549$41
43 years$4,550$2,753$1,601$903$498$35
44 years$4,396$2,624$1,503$834$452$29
45 years$4,250$2,502$1,411$770$410$25
46 years$4,111$2,387$1,325$711$373$21
47 years$3,978$2,278$1,245$657$338$17
48 years$3,850$2,174$1,170$607$307$15
49 years$3,729$2,076$1,100$561$279$12
50 years$3,612$1,984$1,034$519$253$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $3,700,000, adding $5,392 every year, while hoping to spend $24,224 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: 62/17/21 Blend
29$3,700,000$3,700,000$3,700,000$3,700,000
30$4,082,962$3,886,862$3,829,512$4,313,488
31$4,473,650$4,051,544$3,932,026$4,634,502
32$4,903,376$4,223,484$4,037,163$4,981,652
33$5,376,097$4,403,011$4,144,985$5,360,116
34$5,896,171$4,590,471$4,255,554$5,772,947
35$6,468,403$4,786,226$4,368,937$6,223,505
36$7,098,082$4,990,653$4,485,199$6,715,488
37$7,791,041$5,204,150$4,604,407$7,252,965
38$8,553,704$5,427,129$4,726,632$7,840,414
39$9,393,149$5,660,027$4,851,942$8,482,765
40$10,317,178$5,903,295$4,980,409$9,185,444
41$11,334,384$6,157,410$5,112,106$9,954,424
42$12,454,238$6,422,870$5,247,109$10,796,280
43$13,687,175$6,700,196$5,385,492$11,718,251
44$15,044,693$6,989,932$5,527,333$12,728,308
45$16,539,464$7,292,651$5,672,710$13,835,226
46$18,185,448$7,608,949$5,821,705$15,048,669
47$19,998,029$7,939,454$5,974,397$16,379,277
48$21,994,160$8,284,819$6,130,872$17,838,768
49$24,192,522$8,645,732$6,291,213$19,440,046
50$26,613,697$9,022,911$6,455,506$21,197,321
51$29,280,368$9,417,107$6,623,840$23,126,244
52$32,217,530$9,829,110$6,796,303$25,244,052
53$35,452,725$10,259,744$6,972,987$27,569,731
54$39,016,304$10,709,873$7,153,983$30,124,191
55$42,941,712$11,180,401$7,339,386$32,930,464
56$47,265,801$11,672,275$7,529,290$36,013,922
57$52,029,185$12,186,489$7,723,794$39,402,509
58$57,276,616$12,724,081$7,922,995$43,127,008
59$63,057,409$13,286,139$8,126,993$47,221,332
60$69,425,908$13,873,803$8,335,891$51,722,833
61$76,441,999$14,488,267$8,549,791$56,672,665
62$84,171,672$15,130,782$8,768,798$62,116,160
63$92,687,648$15,802,655$8,993,018$68,103,261
64$102,070,063$16,505,261$9,222,559$74,688,989
65$112,407,225$17,240,034$9,457,531$81,933,959
66$123,796,448$18,008,482$9,698,044$89,904,951
67$136,344,967$18,812,179$9,944,210$98,675,540
68$150,170,956$19,652,777$10,196,143$108,326,786
69$165,404,637$20,532,008$10,453,958$118,947,995
70$182,189,516$21,451,682$10,717,771$130,637,566
71$200,683,731$22,413,699$10,987,701$143,503,908
72$221,061,549$23,420,047$11,263,866$157,666,468
73$243,515,009$24,472,811$11,546,387$173,256,854
74$268,255,734$25,574,174$11,835,386$190,420,071
75$295,516,933$26,726,423$12,130,986$209,315,891
76$325,555,597$27,931,953$12,433,310$230,120,354
77$358,654,926$29,193,277$12,742,484$253,027,431
78$395,127,005$30,513,025$13,058,634$278,250,847
79$435,315,749$31,893,952$13,381,887$306,026,096
80$479,600,147$33,338,947$13,712,372$336,612,664
81$528,397,842$34,851,036$14,050,217$370,296,468
82$582,169,075$36,433,390$14,395,552$407,392,556
83$641,421,024$38,089,330$14,748,507$448,248,076
84$706,712,600$39,822,338$15,109,214$493,245,546
85$778,659,716$41,636,063$15,477,802$542,806,462
86$857,941,104$43,534,327$15,854,406$597,395,271
87$945,304,723$45,521,136$16,239,155$657,523,754
88$1,041,574,821$47,600,688$16,632,183$723,755,845
89$1,147,659,713$49,777,382$17,033,621$796,712,957
90$1,264,560,358$52,055,828$17,443,602$877,079,834
91$1,393,379,808$54,440,857$17,862,257$965,611,018
92$1,535,333,623$56,937,534$18,289,716$1,063,137,959
93$1,691,761,343$59,551,163$18,726,112$1,170,576,859
94$1,864,139,136$62,287,306$19,171,573$1,288,937,316
95$2,054,093,735$65,151,792$19,626,228$1,419,331,847
96$2,263,417,795$68,150,728$20,090,206$1,562,986,381
97$2,494,086,813$71,290,517$20,563,631$1,721,251,829
98$2,748,277,784$74,577,868$21,046,628$1,895,616,823
99$3,028,389,748$78,019,814$21,539,321$2,087,721,765
100$3,337,066,443$81,623,726$22,041,829$2,299,374,303