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%13.1%
1 years$313,800$311,005$308,278$305,616$303,017$299,107
2 years$155,347$152,454$149,650$146,931$144,294$140,360
3 years$102,536$99,630$96,833$94,140$91,546$87,710
4 years$76,135$73,239$70,470$67,823$65,291$61,584
5 years$60,299$57,420$54,687$52,094$49,633$46,065
6 years$49,745$46,888$44,196$41,660$39,273$35,848
7 years$42,210$39,376$36,727$34,251$31,940$28,659
8 years$36,561$33,753$31,147$28,732$26,497$23,360
9 years$32,169$29,388$26,827$24,474$22,314$19,321
10 years$28,658$25,904$23,388$21,097$19,013$16,160
11 years$25,787$23,061$20,591$18,360$16,352$13,637
12 years$23,397$20,698$18,274$16,104$14,170$11,590
13 years$21,376$18,705$16,326$14,218$12,357$9,908
14 years$19,645$17,002$14,669$12,621$10,832$8,511
15 years$18,146$15,532$13,244$11,256$9,537$7,341
16 years$16,835$14,250$12,008$10,078$8,429$6,353
17 years$15,681$13,124$10,927$9,055$7,474$5,513
18 years$14,655$12,127$9,975$8,161$6,645$4,796
19 years$13,739$11,239$9,131$7,374$5,923$4,182
20 years$12,915$10,444$8,380$6,678$5,291$3,652
21 years$12,171$9,728$7,708$6,061$4,734$3,195
22 years$11,495$9,081$7,104$5,511$4,244$2,798
23 years$10,879$8,493$6,560$5,019$3,809$2,454
24 years$10,315$7,958$6,067$4,578$3,424$2,154
25 years$9,797$7,468$5,619$4,180$3,081$1,892
26 years$9,320$7,019$5,211$3,822$2,775$1,664
27 years$8,878$6,605$4,839$3,499$2,502$1,464
28 years$8,469$6,224$4,499$3,206$2,258$1,289
29 years$8,089$5,872$4,186$2,940$2,039$1,135
30 years$7,735$5,545$3,899$2,698$1,842$1,000
31 years$7,405$5,242$3,635$2,478$1,665$882
32 years$7,095$4,960$3,392$2,277$1,507$778
33 years$6,805$4,697$3,167$2,094$1,363$686
34 years$6,533$4,452$2,959$1,927$1,234$605
35 years$6,277$4,223$2,766$1,774$1,118$534
36 years$6,035$4,008$2,588$1,633$1,013$472
37 years$5,807$3,807$2,422$1,505$918$416
38 years$5,592$3,618$2,268$1,387$832$368
39 years$5,388$3,440$2,125$1,279$755$325
40 years$5,195$3,273$1,992$1,180$685$287
41 years$5,012$3,115$1,868$1,088$621$253
42 years$4,838$2,967$1,752$1,005$564$224
43 years$4,672$2,827$1,644$927$512$198
44 years$4,515$2,695$1,543$856$464$175
45 years$4,365$2,570$1,449$791$421$155
46 years$4,222$2,451$1,361$730$383$137
47 years$4,085$2,339$1,279$675$348$121
48 years$3,954$2,233$1,202$624$316$107
49 years$3,830$2,133$1,129$576$287$94
50 years$3,710$2,037$1,062$533$260$83

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 $4,048 every year, while hoping to spend $35,980 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: 74/21/5 Blend
29$3,800,000$3,800,000$3,800,000$3,800,000
30$4,191,776$3,990,376$3,931,476$4,500,143
31$4,581,054$4,147,621$4,024,898$4,860,772
32$5,008,833$4,311,367$4,120,243$5,250,721
33$5,479,002$4,481,891$4,217,539$5,676,836
34$5,995,845$4,659,489$4,316,811$6,142,676
35$6,564,083$4,844,465$4,418,086$6,652,160
36$7,188,915$5,037,140$4,521,388$7,209,600
37$7,876,072$5,237,847$4,626,742$7,819,744
38$8,631,867$5,446,937$4,734,173$8,487,818
39$9,463,254$5,664,774$4,843,705$9,219,577
40$10,377,898$5,891,740$4,955,361$10,021,353
41$11,384,241$6,128,233$5,069,163$10,900,123
42$12,491,587$6,374,669$5,185,133$11,863,565
43$13,710,185$6,631,485$5,303,292$12,920,136
44$15,051,331$6,899,135$5,423,659$14,079,148
45$16,527,470$7,178,095$5,546,254$15,350,854
46$18,152,313$7,468,862$5,671,095$16,746,548
47$19,940,969$7,771,957$5,798,197$18,278,666
48$21,910,088$8,087,923$5,927,577$19,960,907
49$24,078,014$8,417,329$6,059,248$21,808,354
50$26,464,961$8,760,767$6,193,222$23,837,625
51$29,093,203$9,118,860$6,329,511$26,067,021
52$31,987,283$9,492,258$6,468,123$28,516,700
53$35,174,246$9,881,639$6,609,065$31,208,867
54$38,683,894$10,287,714$6,752,344$34,167,981
55$42,549,065$10,711,226$6,897,961$37,420,986
56$46,805,945$11,152,951$7,045,918$40,997,562
57$51,494,408$11,613,702$7,196,213$44,930,404
58$56,658,393$12,094,330$7,348,842$49,255,532
59$62,346,320$12,595,722$7,503,798$54,012,625
60$68,611,540$13,118,808$7,661,071$59,245,396
61$75,512,849$13,664,562$7,820,649$65,002,005
62$83,115,034$14,234,000$7,982,515$71,335,508
63$91,489,488$14,828,186$8,146,650$78,304,358
64$100,714,883$15,448,234$8,313,029$85,972,956
65$110,877,912$16,095,309$8,481,627$94,412,252
66$122,074,108$16,770,628$8,652,411$103,700,421
67$134,408,747$17,475,468$8,825,346$113,923,590
68$147,997,835$18,211,162$9,000,391$125,176,653
69$162,969,211$18,979,107$9,177,502$137,564,166
70$179,463,749$19,780,761$9,356,626$151,201,327
71$197,636,688$20,617,655$9,537,710$166,215,065
72$217,659,097$21,491,387$9,720,690$182,745,234
73$239,719,491$22,403,631$9,905,499$200,945,928
74$264,025,609$23,356,138$10,092,063$220,986,938
75$290,806,375$24,350,743$10,280,301$243,055,345
76$320,314,058$25,389,363$10,470,125$267,357,291
77$352,826,657$26,474,006$10,661,438$294,119,913
78$388,650,519$27,606,775$10,854,139$323,593,490
79$428,123,234$28,789,869$11,048,115$356,053,800
80$471,616,822$30,025,592$11,243,245$391,804,720
81$519,541,245$31,316,352$11,439,401$431,181,088
82$572,348,273$32,664,675$11,636,442$474,551,864
83$630,535,753$34,073,200$11,834,219$522,323,608
84$694,652,307$35,544,694$12,032,572$574,944,309
85$765,302,509$37,082,051$12,231,331$632,907,617
86$843,152,596$38,688,302$12,430,311$696,757,492
87$928,936,752$40,366,621$12,629,318$767,093,337
88$1,023,464,044$42,120,328$12,828,143$844,575,650
89$1,127,626,055$43,952,903$13,026,565$929,932,256
90$1,242,405,306$45,867,988$13,224,347$1,023,965,171
91$1,368,884,523$47,869,395$13,421,239$1,127,558,165
92$1,508,256,868$49,961,119$13,616,974$1,241,685,103
93$1,661,837,194$52,147,340$13,811,269$1,367,419,130
94$1,831,074,465$54,432,437$14,003,823$1,505,942,795
95$2,017,565,429$56,820,995$14,194,320$1,658,559,209
96$2,223,069,694$59,317,815$14,382,421$1,826,704,340
97$2,449,526,341$61,927,926$14,567,770$2,011,960,557
98$2,699,072,227$64,656,594$14,749,990$2,216,071,568
99$2,974,062,161$67,509,334$14,928,681$2,440,958,865
100$3,277,091,133$70,491,922$15,103,423$2,688,739,863