Can I retire at age 30 with 3,800,000?

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 $3,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$313,800$311,005$308,278$305,616$303,017$296,899
2 years$155,347$152,454$149,650$146,931$144,294$138,157
3 years$102,536$99,630$96,833$94,140$91,546$85,581
4 years$76,135$73,239$70,470$67,823$65,291$59,545
5 years$60,299$57,420$54,687$52,094$49,633$44,122
6 years$49,745$46,888$44,196$41,660$39,273$34,003
7 years$42,210$39,376$36,727$34,251$31,940$26,911
8 years$36,561$33,753$31,147$28,732$26,497$21,709
9 years$32,169$29,388$26,827$24,474$22,314$17,763
10 years$28,658$25,904$23,388$21,097$19,013$14,694
11 years$25,787$23,061$20,591$18,360$16,352$12,261
12 years$23,397$20,698$18,274$16,104$14,170$10,301
13 years$21,376$18,705$16,326$14,218$12,357$8,702
14 years$19,645$17,002$14,669$12,621$10,832$7,385
15 years$18,146$15,532$13,244$11,256$9,537$6,291
16 years$16,835$14,250$12,008$10,078$8,429$5,376
17 years$15,681$13,124$10,927$9,055$7,474$4,607
18 years$14,655$12,127$9,975$8,161$6,645$3,956
19 years$13,739$11,239$9,131$7,374$5,923$3,403
20 years$12,915$10,444$8,380$6,678$5,291$2,933
21 years$12,171$9,728$7,708$6,061$4,734$2,531
22 years$11,495$9,081$7,104$5,511$4,244$2,186
23 years$10,879$8,493$6,560$5,019$3,809$1,891
24 years$10,315$7,958$6,067$4,578$3,424$1,636
25 years$9,797$7,468$5,619$4,180$3,081$1,417
26 years$9,320$7,019$5,211$3,822$2,775$1,228
27 years$8,878$6,605$4,839$3,499$2,502$1,065
28 years$8,469$6,224$4,499$3,206$2,258$924
29 years$8,089$5,872$4,186$2,940$2,039$802
30 years$7,735$5,545$3,899$2,698$1,842$697
31 years$7,405$5,242$3,635$2,478$1,665$605
32 years$7,095$4,960$3,392$2,277$1,507$526
33 years$6,805$4,697$3,167$2,094$1,363$457
34 years$6,533$4,452$2,959$1,927$1,234$397
35 years$6,277$4,223$2,766$1,774$1,118$345
36 years$6,035$4,008$2,588$1,633$1,013$300
37 years$5,807$3,807$2,422$1,505$918$261
38 years$5,592$3,618$2,268$1,387$832$227
39 years$5,388$3,440$2,125$1,279$755$197
40 years$5,195$3,273$1,992$1,180$685$172
41 years$5,012$3,115$1,868$1,088$621$149
42 years$4,838$2,967$1,752$1,005$564$130
43 years$4,672$2,827$1,644$927$512$113
44 years$4,515$2,695$1,543$856$464$98
45 years$4,365$2,570$1,449$791$421$86
46 years$4,222$2,451$1,361$730$383$74
47 years$4,085$2,339$1,279$675$348$65
48 years$3,954$2,233$1,202$624$316$56
49 years$3,830$2,133$1,129$576$287$49
50 years$3,710$2,037$1,062$533$260$43

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $3,800,000, adding $2,864 every year, while hoping to spend $56,186 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: 48/38/14 Blend
29$3,800,000$3,800,000$3,800,000$3,800,000
30$4,190,554$3,989,154$3,930,254$4,375,247
31$4,558,209$4,124,841$4,002,136$4,638,744
32$4,961,482$4,265,294$4,074,543$4,918,659
33$5,403,946$4,410,686$4,147,433$5,221,348
34$5,889,538$4,561,199$4,220,762$5,548,959
35$6,422,594$4,717,021$4,294,480$5,903,853
36$7,007,889$4,878,346$4,368,536$6,288,628
37$7,650,685$5,045,376$4,442,874$6,706,138
38$8,356,779$5,218,323$4,517,433$7,159,525
39$9,132,554$5,397,405$4,592,151$7,652,245
40$9,985,045$5,582,848$4,666,959$8,188,098
41$10,922,001$5,774,889$4,741,783$8,771,267
42$11,951,958$5,973,771$4,816,546$9,406,355
43$13,084,322$6,179,751$4,891,164$10,098,426
44$14,329,455$6,393,091$4,965,551$10,853,054
45$15,698,773$6,614,066$5,039,611$11,676,373
46$17,204,855$6,842,962$5,113,244$12,575,137
47$18,861,559$7,080,076$5,186,347$13,556,779
48$20,684,153$7,325,715$5,258,805$14,629,482
49$22,689,462$7,580,200$5,330,499$15,802,257
50$24,896,021$7,843,864$5,401,305$17,085,023
51$27,324,254$8,117,052$5,471,088$18,488,702
52$29,996,666$8,400,125$5,539,707$20,025,321
53$32,938,052$8,693,458$5,607,013$21,708,124
54$36,175,733$8,997,437$5,672,849$23,551,696
55$39,739,815$9,312,469$5,737,046$25,572,097
56$43,663,470$9,638,973$5,799,431$27,787,017
57$47,983,248$9,977,387$5,859,816$30,215,938
58$52,739,426$10,328,166$5,918,006$32,880,318
59$57,976,383$10,691,782$5,973,795$35,803,790
60$63,743,023$11,068,727$6,026,966$39,012,387
61$70,093,231$11,459,515$6,077,289$42,534,785
62$77,086,385$11,864,675$6,124,523$46,402,568
63$84,787,915$12,284,764$6,168,414$50,650,532
64$93,269,922$12,720,356$6,208,694$55,317,005
65$102,611,853$13,172,053$6,245,085$60,444,212
66$112,901,255$13,640,477$6,277,288$66,078,668
67$124,234,601$14,126,277$6,304,995$72,271,616
68$136,718,196$14,630,131$6,327,878$79,079,512
69$150,469,186$15,152,741$6,345,596$86,564,550
70$165,616,657$15,694,840$6,357,788$94,795,254
71$182,302,858$16,257,190$6,364,076$103,847,117
72$200,684,541$16,840,583$6,364,064$113,803,313
73$220,934,439$17,445,847$6,357,335$124,755,481
74$243,242,900$18,073,841$6,343,453$136,804,587
75$267,819,677$18,725,461$6,321,961$150,061,875
76$294,895,915$19,401,639$6,292,377$164,649,912
77$324,726,326$20,103,347$6,254,199$180,703,747
78$357,591,596$20,831,596$6,206,900$198,372,177
79$393,801,034$21,587,439$6,149,926$217,819,157
80$433,695,490$22,371,974$6,082,699$239,225,336
81$477,650,573$23,186,344$6,004,613$262,789,765
82$526,080,197$24,031,740$5,915,033$288,731,771
83$579,440,484$24,909,402$5,813,293$317,293,023
84$638,234,073$25,820,623$5,698,699$348,739,813
85$703,014,864$26,766,750$5,570,521$383,365,563
86$774,393,245$27,749,185$5,427,998$421,493,595
87$853,041,853$28,769,392$5,270,333$463,480,174
88$939,701,925$29,828,895$5,096,692$509,717,874
89$1,035,190,293$30,929,282$4,906,203$560,639,272
90$1,140,407,096$32,072,210$4,697,953$616,721,037
91$1,256,344,275$33,259,404$4,470,990$678,488,415
92$1,384,094,940$34,492,664$4,224,317$746,520,193
93$1,524,863,684$35,773,865$3,956,892$821,454,149
94$1,679,977,959$37,104,963$3,667,627$903,993,076
95$1,850,900,603$38,487,998$3,355,384$994,911,404
96$2,039,243,650$39,925,095$3,018,975$1,095,062,514
97$2,246,783,550$41,418,473$2,657,159$1,205,386,780
98$2,475,477,937$42,970,443$2,268,639$1,326,920,449
99$2,727,484,110$44,583,418$1,852,061$1,460,805,410
100$3,005,179,395$46,259,912$1,406,012$1,608,299,975