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

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 $3,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$305,543$302,821$300,166$297,574$295,043$287,212
2 years$151,259$148,442$145,711$143,064$140,497$132,661
3 years$99,837$97,008$94,285$91,663$89,137$81,543
4 years$74,132$71,311$68,615$66,038$63,573$56,279
5 years$58,713$55,909$53,248$50,723$48,327$41,352
6 years$48,436$45,654$43,033$40,564$38,240$31,591
7 years$41,099$38,340$35,760$33,350$31,099$24,778
8 years$35,599$32,864$30,328$27,976$25,800$19,802
9 years$31,323$28,614$26,121$23,830$21,727$16,048
10 years$27,904$25,222$22,773$20,541$18,513$13,144
11 years$25,109$22,454$20,049$17,877$15,921$10,856
12 years$22,781$20,153$17,793$15,681$13,797$9,026
13 years$20,813$18,213$15,897$13,844$12,031$7,544
14 years$19,128$16,555$14,283$12,289$10,547$6,333
15 years$17,668$15,123$12,896$10,960$9,286$5,335
16 years$16,392$13,875$11,692$9,813$8,207$4,507
17 years$15,268$12,779$10,639$8,817$7,277$3,818
18 years$14,269$11,808$9,712$7,946$6,470$3,240
19 years$13,377$10,944$8,891$7,180$5,767$2,754
20 years$12,575$10,169$8,160$6,503$5,151$2,345
21 years$11,850$9,472$7,506$5,902$4,610$1,999
22 years$11,192$8,842$6,917$5,366$4,132$1,706
23 years$10,593$8,270$6,387$4,887$3,709$1,457
24 years$10,044$7,748$5,907$4,457$3,334$1,245
25 years$9,539$7,271$5,471$4,070$3,000$1,065
26 years$9,074$6,834$5,074$3,722$2,702$911
27 years$8,645$6,431$4,712$3,407$2,436$780
28 years$8,246$6,060$4,380$3,121$2,198$668
29 years$7,876$5,717$4,076$2,862$1,985$572
30 years$7,532$5,399$3,797$2,627$1,794$490
31 years$7,210$5,104$3,540$2,413$1,622$420
32 years$6,909$4,830$3,303$2,217$1,467$360
33 years$6,626$4,574$3,084$2,039$1,328$309
34 years$6,361$4,335$2,881$1,876$1,202$265
35 years$6,112$4,111$2,694$1,727$1,089$227
36 years$5,876$3,902$2,520$1,590$986$195
37 years$5,655$3,706$2,359$1,465$894$167
38 years$5,445$3,522$2,209$1,351$810$143
39 years$5,247$3,349$2,069$1,245$735$123
40 years$5,058$3,187$1,940$1,149$667$106
41 years$4,880$3,033$1,819$1,060$605$91
42 years$4,711$2,889$1,706$978$549$78
43 years$4,550$2,753$1,601$903$498$67
44 years$4,396$2,624$1,503$834$452$57
45 years$4,250$2,502$1,411$770$410$49
46 years$4,111$2,387$1,325$711$373$42
47 years$3,978$2,278$1,245$657$338$36
48 years$3,850$2,174$1,170$607$307$31
49 years$3,729$2,076$1,100$561$279$27
50 years$3,612$1,984$1,034$519$253$23

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 $3,124 every year, while hoping to spend $25,192 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: 73/19/8 Blend
29$3,700,000$3,700,000$3,700,000$3,700,000
30$4,080,622$3,884,522$3,827,172$4,373,074
31$4,470,042$4,048,060$3,928,579$4,729,921
32$4,898,338$4,218,766$4,032,538$5,117,159
33$5,369,449$4,396,967$4,139,108$5,540,553
34$5,887,715$4,583,000$4,248,351$6,003,666
35$6,457,917$4,777,223$4,360,326$6,510,420
36$7,085,325$4,980,007$4,475,097$7,065,132
37$7,775,742$5,191,741$4,592,726$7,672,557
38$8,535,564$5,412,833$4,713,279$8,337,925
39$9,371,839$5,643,710$4,836,822$9,066,996
40$10,292,333$5,884,817$4,963,421$9,866,112
41$11,305,600$6,136,622$5,093,145$10,742,254
42$12,421,070$6,399,615$5,226,064$11,703,111
43$13,649,129$6,674,307$5,362,248$12,757,147
44$15,001,226$6,961,233$5,501,768$13,913,684
45$16,489,973$7,260,956$5,644,700$15,182,985
46$18,129,269$7,574,061$5,791,116$16,576,357
47$19,934,428$7,901,164$5,941,092$18,106,246
48$21,922,327$8,242,908$6,094,706$19,786,365
49$24,111,561$8,599,968$6,252,035$21,631,814
50$26,522,621$8,973,047$6,413,159$23,659,223
51$29,178,088$9,362,886$6,578,159$25,886,912
52$32,102,842$9,770,256$6,747,117$28,335,058
53$35,324,301$10,195,968$6,920,115$31,025,885
54$38,872,679$10,640,870$7,097,238$33,983,876
55$42,781,269$11,105,849$7,278,572$37,235,996
56$47,086,757$11,591,834$7,464,203$40,811,953
57$51,829,572$12,099,799$7,654,219$44,744,469
58$57,054,262$12,630,764$7,848,710$49,069,594
59$62,809,921$13,185,795$8,047,765$53,827,041
60$69,150,644$13,766,011$8,251,477$59,060,559
61$76,136,046$14,372,581$8,459,937$64,818,346
62$83,831,818$15,006,733$8,673,241$71,153,501
63$92,310,351$15,669,750$8,891,481$78,124,522
64$101,651,415$16,362,977$9,114,755$85,795,859
65$111,942,919$17,087,822$9,343,159$94,238,519
66$123,281,733$17,845,762$9,576,790$103,530,732
67$135,774,606$18,638,340$9,815,749$113,758,690
68$149,539,173$19,467,176$10,060,133$125,017,358
69$164,705,065$20,333,964$10,310,045$137,411,364
70$181,415,136$21,240,482$10,565,585$151,055,990
71$199,826,803$22,188,589$10,826,856$166,078,254
72$220,113,541$23,180,234$11,093,959$182,618,104
73$242,466,515$24,217,458$11,367,000$200,829,742
74$267,096,386$25,302,400$11,646,081$220,883,071
75$294,235,300$26,437,301$11,931,307$242,965,298
76$324,139,078$27,624,506$12,222,784$267,282,699
77$357,089,633$28,866,476$12,520,616$294,062,558
78$393,397,628$30,165,785$12,824,909$323,555,316
79$433,405,411$31,525,134$13,135,768$356,036,925
80$477,490,247$32,947,349$13,453,300$391,811,450
81$526,067,876$34,435,394$13,777,610$431,213,940
82$579,596,443$35,992,372$14,108,804$474,613,580
83$638,580,818$37,621,536$14,446,987$522,417,174
84$703,577,364$39,326,293$14,792,262$575,072,984
85$775,199,188$41,110,214$15,144,736$633,074,950
86$854,121,931$42,977,041$15,504,511$696,967,353
87$941,090,146$44,930,694$15,871,690$767,349,946
88$1,036,924,323$46,975,280$16,246,374$844,883,609
89$1,142,528,641$49,115,106$16,628,665$930,296,582
90$1,258,899,497$51,354,681$17,018,660$1,024,391,337
91$1,387,134,918$53,698,733$17,416,457$1,128,052,141
92$1,528,444,924$56,152,215$17,822,153$1,242,253,404
93$1,684,162,951$58,720,318$18,235,839$1,368,068,864
94$1,855,758,441$61,408,482$18,657,609$1,506,681,722
95$2,044,850,713$64,222,409$19,087,550$1,659,395,797
96$2,253,224,252$67,168,073$19,525,749$1,827,647,836
97$2,482,845,553$70,251,736$19,972,289$2,013,021,061
98$2,735,881,688$73,479,960$20,427,249$2,217,260,109
99$3,014,720,765$76,859,622$20,890,706$2,442,287,494
100$3,321,994,470$80,397,931$21,362,732$2,690,221,748