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

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 $3,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$313,800$311,005$308,278$305,616$303,017$297,386
2 years$155,347$152,454$149,650$146,931$144,294$138,641
3 years$102,536$99,630$96,833$94,140$91,546$86,049
4 years$76,135$73,239$70,470$67,823$65,291$59,991
5 years$60,299$57,420$54,687$52,094$49,633$44,546
6 years$49,745$46,888$44,196$41,660$39,273$34,404
7 years$42,210$39,376$36,727$34,251$31,940$27,290
8 years$36,561$33,753$31,147$28,732$26,497$22,065
9 years$32,169$29,388$26,827$24,474$22,314$18,098
10 years$28,658$25,904$23,388$21,097$19,013$15,009
11 years$25,787$23,061$20,591$18,360$16,352$12,555
12 years$23,397$20,698$18,274$16,104$14,170$10,575
13 years$21,376$18,705$16,326$14,218$12,357$8,957
14 years$19,645$17,002$14,669$12,621$10,832$7,623
15 years$18,146$15,532$13,244$11,256$9,537$6,512
16 years$16,835$14,250$12,008$10,078$8,429$5,580
17 years$15,681$13,124$10,927$9,055$7,474$4,795
18 years$14,655$12,127$9,975$8,161$6,645$4,130
19 years$13,739$11,239$9,131$7,374$5,923$3,563
20 years$12,915$10,444$8,380$6,678$5,291$3,080
21 years$12,171$9,728$7,708$6,061$4,734$2,666
22 years$11,495$9,081$7,104$5,511$4,244$2,310
23 years$10,879$8,493$6,560$5,019$3,809$2,004
24 years$10,315$7,958$6,067$4,578$3,424$1,740
25 years$9,797$7,468$5,619$4,180$3,081$1,512
26 years$9,320$7,019$5,211$3,822$2,775$1,315
27 years$8,878$6,605$4,839$3,499$2,502$1,144
28 years$8,469$6,224$4,499$3,206$2,258$996
29 years$8,089$5,872$4,186$2,940$2,039$867
30 years$7,735$5,545$3,899$2,698$1,842$755
31 years$7,405$5,242$3,635$2,478$1,665$658
32 years$7,095$4,960$3,392$2,277$1,507$574
33 years$6,805$4,697$3,167$2,094$1,363$500
34 years$6,533$4,452$2,959$1,927$1,234$436
35 years$6,277$4,223$2,766$1,774$1,118$380
36 years$6,035$4,008$2,588$1,633$1,013$332
37 years$5,807$3,807$2,422$1,505$918$290
38 years$5,592$3,618$2,268$1,387$832$253
39 years$5,388$3,440$2,125$1,279$755$221
40 years$5,195$3,273$1,992$1,180$685$192
41 years$5,012$3,115$1,868$1,088$621$168
42 years$4,838$2,967$1,752$1,005$564$147
43 years$4,672$2,827$1,644$927$512$128
44 years$4,515$2,695$1,543$856$464$112
45 years$4,365$2,570$1,449$791$421$98
46 years$4,222$2,451$1,361$730$383$85
47 years$4,085$2,339$1,279$675$348$74
48 years$3,954$2,233$1,202$624$316$65
49 years$3,830$2,133$1,129$576$287$57
50 years$3,710$2,037$1,062$533$260$50

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 $2,377 every year, while hoping to spend $36,077 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: 34/37/29 Blend
29$3,800,000$3,800,000$3,800,000$3,800,000
30$4,190,052$3,988,652$3,929,752$4,295,696
31$4,579,052$4,145,710$4,023,013$4,532,911
32$5,006,520$4,309,255$4,118,189$4,785,153
33$5,476,343$4,479,567$4,215,306$5,056,475
34$5,992,801$4,656,937$4,314,391$5,348,601
35$6,560,612$4,841,671$4,415,467$5,663,427
36$7,184,969$5,034,089$4,518,561$6,003,028
37$7,871,600$5,234,522$4,623,696$6,369,688
38$8,626,810$5,443,321$4,730,897$6,765,912
39$9,457,550$5,660,849$4,840,187$7,194,452
40$10,371,475$5,887,485$4,951,588$7,658,332
41$11,377,022$6,123,629$5,065,123$8,160,873
42$12,483,486$6,369,695$5,180,813$8,705,725
43$13,701,109$6,626,117$5,298,677$9,296,901
44$15,041,175$6,893,349$5,418,735$9,938,811
45$16,516,118$7,171,867$5,541,006$10,636,303
46$18,139,638$7,462,165$5,665,507$11,394,709
47$19,926,833$7,764,762$5,792,252$12,219,890
48$21,894,335$8,080,201$5,921,258$13,118,294
49$24,060,474$8,409,047$6,052,537$14,097,012
50$26,445,445$8,751,894$6,186,100$15,163,846
51$29,071,505$9,109,360$6,321,958$16,327,376
52$31,963,174$9,482,094$6,460,119$17,597,045
53$35,147,474$9,870,773$6,600,590$18,983,243
54$38,654,180$10,276,105$6,743,373$20,497,401
55$42,516,103$10,698,831$6,888,473$22,152,102
56$46,769,396$11,139,725$7,035,888$23,961,191
57$51,453,900$11,599,597$7,185,616$25,939,911
58$56,613,516$12,079,295$7,337,651$28,105,038
59$62,296,618$12,579,704$7,491,987$30,475,038
60$68,556,516$13,101,752$7,648,611$33,070,241
61$75,451,951$13,646,408$7,807,509$35,913,030
62$83,047,654$14,214,686$7,968,665$39,028,047
63$91,414,956$14,807,648$8,132,057$42,442,423
64$100,632,462$15,426,402$8,297,661$46,186,033
65$110,786,788$16,072,111$8,465,448$50,291,773
66$121,973,384$16,745,988$8,635,384$54,795,869
67$134,297,433$17,449,306$8,807,433$59,738,211
68$147,874,842$18,183,393$8,981,553$65,162,734
69$162,833,338$18,949,641$9,157,697$71,117,818
70$179,313,671$19,749,506$9,335,813$77,656,750
71$197,470,945$20,584,511$9,515,842$84,838,219
72$217,476,080$21,456,251$9,697,721$92,726,864
73$239,517,427$22,366,393$9,881,381$101,393,885
74$263,802,542$23,316,685$10,066,746$110,917,704
75$290,560,151$24,308,952$10,253,731$121,384,703
76$320,042,304$25,345,108$10,442,248$132,890,036
77$352,526,754$26,427,153$10,632,199$145,538,520
78$388,319,582$27,557,182$10,823,476$159,445,619
79$427,758,084$28,737,389$11,015,968$174,738,528
80$471,213,955$29,970,068$11,209,549$191,557,368
81$519,096,799$31,257,621$11,404,089$210,056,501
82$571,857,991$32,602,564$11,599,445$230,405,985
83$629,994,945$34,007,528$11,795,466$252,793,166
84$694,055,802$35,475,270$11,991,987$277,424,442
85$764,644,611$37,008,675$12,188,835$304,527,207
86$842,427,023$38,610,762$12,385,823$334,351,983
87$928,136,585$40,284,695$12,582,753$367,174,784
88$1,022,581,655$42,033,784$12,779,414$403,299,709
89$1,126,653,039$43,861,494$12,975,580$443,061,801
90$1,241,332,398$45,771,457$13,171,011$486,830,207
91$1,367,701,516$47,767,471$13,365,452$535,011,649
92$1,506,952,509$49,853,516$13,558,634$588,054,254
93$1,660,399,085$52,033,758$13,750,268$646,451,771
94$1,829,488,941$54,312,561$13,940,051$710,748,228
95$2,015,817,430$56,694,494$14,127,660$781,543,049
96$2,221,142,625$59,184,341$14,312,753$859,496,702
97$2,447,401,911$61,787,112$14,494,969$945,336,926
98$2,696,730,281$64,508,056$14,673,926$1,039,865,581
99$2,971,480,486$67,352,667$14,849,219$1,143,966,209
100$3,274,245,249$70,326,701$15,020,421$1,258,612,357