Can I retire at age 30 with 2,660,000?

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 $2,660,000?

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$219,660$217,704$215,795$213,932$212,112$209,375
2 years$108,743$106,717$104,755$102,852$101,006$98,252
3 years$71,775$69,741$67,783$65,898$64,082$61,397
4 years$53,295$51,267$49,329$47,476$45,704$43,109
5 years$42,210$40,194$38,281$36,466$34,743$32,246
6 years$34,822$32,821$30,937$29,162$27,491$25,094
7 years$29,547$27,563$25,709$23,976$22,358$20,061
8 years$25,593$23,627$21,803$20,113$18,548$16,352
9 years$22,519$20,571$18,779$17,132$15,620$13,524
10 years$20,061$18,133$16,372$14,768$13,309$11,312
11 years$18,051$16,143$14,414$12,852$11,446$9,546
12 years$16,378$14,489$12,792$11,273$9,919$8,113
13 years$14,963$13,094$11,429$9,952$8,650$6,936
14 years$13,751$11,902$10,269$8,835$7,582$5,958
15 years$12,702$10,872$9,271$7,879$6,676$5,138
16 years$11,785$9,975$8,406$7,055$5,900$4,447
17 years$10,976$9,187$7,649$6,339$5,232$3,859
18 years$10,259$8,489$6,982$5,712$4,652$3,358
19 years$9,617$7,868$6,392$5,162$4,146$2,927
20 years$9,040$7,311$5,866$4,675$3,703$2,557
21 years$8,519$6,810$5,396$4,243$3,314$2,236
22 years$8,046$6,357$4,973$3,858$2,971$1,959
23 years$7,615$5,945$4,592$3,513$2,667$1,718
24 years$7,220$5,570$4,247$3,204$2,397$1,508
25 years$6,858$5,227$3,933$2,926$2,157$1,325
26 years$6,524$4,913$3,648$2,676$1,943$1,165
27 years$6,215$4,624$3,387$2,449$1,752$1,025
28 years$5,929$4,357$3,149$2,244$1,580$902
29 years$5,662$4,110$2,930$2,058$1,427$795
30 years$5,415$3,882$2,730$1,888$1,289$700
31 years$5,183$3,669$2,545$1,734$1,166$617
32 years$4,967$3,472$2,374$1,594$1,055$544
33 years$4,764$3,288$2,217$1,466$954$480
34 years$4,573$3,116$2,071$1,349$864$424
35 years$4,394$2,956$1,937$1,242$783$374
36 years$4,225$2,806$1,812$1,143$709$330
37 years$4,065$2,665$1,696$1,053$643$292
38 years$3,914$2,532$1,588$971$583$257
39 years$3,772$2,408$1,488$895$528$227
40 years$3,637$2,291$1,394$826$479$201
41 years$3,508$2,181$1,307$762$435$177
42 years$3,387$2,077$1,226$703$395$157
43 years$3,271$1,979$1,151$649$358$139
44 years$3,160$1,886$1,080$599$325$122
45 years$3,055$1,799$1,014$554$295$108
46 years$2,955$1,716$953$511$268$96
47 years$2,860$1,638$895$472$243$84
48 years$2,768$1,563$841$436$221$75
49 years$2,681$1,493$791$403$201$66
50 years$2,597$1,426$743$373$182$58

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,660,000, adding $5,868 every year, while hoping to spend $45,271 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: 34/49/17 Blend
29$2,660,000$2,660,000$2,660,000$2,660,000
30$2,937,373$2,796,393$2,755,163$3,021,627
31$3,188,817$2,885,248$2,799,293$3,172,755
32$3,464,391$2,976,940$2,843,384$3,330,982
33$3,766,508$3,071,560$2,887,387$3,500,647
34$4,097,828$3,169,201$2,931,250$3,682,785
35$4,461,276$3,269,962$2,974,916$3,878,533
36$4,860,078$3,373,943$3,018,328$4,089,141
37$5,297,787$3,481,246$3,061,423$4,315,982
38$5,778,314$3,591,980$3,104,133$4,560,566
39$6,305,970$3,706,255$3,146,390$4,824,552
40$6,885,502$3,824,185$3,188,117$5,109,765
41$7,522,140$3,945,887$3,229,236$5,418,211
42$8,221,647$4,071,484$3,269,664$5,752,096
43$8,990,369$4,201,101$3,309,312$6,113,848
44$9,835,299$4,334,867$3,348,086$6,506,139
45$10,764,142$4,472,918$3,385,889$6,931,905
46$11,785,384$4,615,390$3,422,616$7,394,380
47$12,908,377$4,762,428$3,458,157$7,897,121
48$14,143,423$4,914,179$3,492,397$8,444,046
49$15,501,873$5,070,794$3,525,213$9,039,463
50$16,996,233$5,232,432$3,556,477$9,688,117
51$18,640,283$5,399,256$3,586,053$10,395,231
52$20,449,204$5,571,432$3,613,799$11,166,554
53$22,439,726$5,749,134$3,639,563$12,008,418
54$24,630,278$5,932,543$3,663,189$12,927,792
55$27,041,171$6,121,841$3,684,510$13,932,352
56$29,694,780$6,317,222$3,703,352$15,030,550
57$32,615,764$6,518,881$3,719,529$16,231,693
58$35,831,289$6,727,024$3,732,851$17,546,033
59$39,371,292$6,941,860$3,743,113$18,984,858
60$43,268,760$7,163,607$3,750,104$20,560,602
61$47,560,040$7,392,490$3,753,598$22,286,961
62$52,285,183$7,628,741$3,753,363$24,179,020
63$57,488,322$7,872,600$3,749,151$26,253,394
64$63,218,088$8,124,315$3,740,705$28,528,386
65$69,528,068$8,384,141$3,727,754$31,024,159
66$76,477,311$8,652,343$3,710,013$33,762,923
67$84,130,884$8,929,195$3,687,186$36,769,147
68$92,560,487$9,214,979$3,658,959$40,069,786
69$101,845,130$9,509,986$3,625,007$43,694,535
70$112,071,875$9,814,517$3,584,988$47,676,110
71$123,336,663$10,128,885$3,538,541$52,050,556
72$135,745,213$10,453,411$3,485,292$56,857,583
73$149,414,023$10,788,427$3,424,849$62,140,944
74$164,471,471$11,134,277$3,356,798$67,948,842
75$181,059,020$11,491,316$3,280,710$74,334,389
76$199,332,561$11,859,911$3,196,135$81,356,103
77$219,463,876$12,240,441$3,102,599$89,078,461
78$241,642,267$12,633,298$2,999,612$97,572,506
79$266,076,335$13,038,886$2,886,656$106,916,513
80$292,995,955$13,457,626$2,763,193$117,196,733
81$322,654,441$13,889,948$2,628,658$128,508,202
82$355,330,939$14,336,300$2,482,463$140,955,636
83$391,333,060$14,797,144$2,323,991$154,654,422
84$430,999,786$15,272,958$2,152,599$169,731,702
85$474,704,667$15,764,236$1,967,614$186,327,573
86$522,859,348$16,271,488$1,768,333$204,596,410
87$575,917,452$16,795,242$1,554,023$224,708,320
88$634,378,866$17,336,043$1,323,917$246,850,746
89$698,794,456$17,894,454$1,077,214$271,230,236
90$769,771,268$18,471,060$813,078$298,074,392
91$847,978,258$19,066,463$530,636$327,634,015
92$934,152,606$19,681,285$228,978$360,185,473
93$1,029,106,675$20,316,171$0$396,033,306
94$1,133,735,680$20,971,788$0$435,529,962
95$1,249,026,138$21,648,824$0$479,073,802
96$1,376,065,179$22,347,991$0$527,030,939
97$1,516,050,811$23,070,026$0$579,850,621
98$1,670,303,227$23,815,691$0$638,027,888
99$1,840,277,269$24,585,773$0$702,108,243
100$2,027,576,163$25,381,088$0$772,692,800