Can I retire at age 30 with 2,670,000?

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 $2,670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$220,486$218,522$216,606$214,736$212,910$204,381
2 years$109,152$107,119$105,149$103,238$101,385$92,901
3 years$72,045$70,003$68,038$66,146$64,323$56,149
4 years$53,495$51,460$49,514$47,654$45,876$38,074
5 years$42,368$40,345$38,425$36,603$34,874$27,465
6 years$34,953$32,945$31,053$29,272$27,595$20,582
7 years$29,658$27,667$25,805$24,066$22,442$15,824
8 years$25,689$23,716$21,885$20,188$18,618$12,387
9 years$22,603$20,649$18,850$17,196$15,679$9,827
10 years$20,136$18,201$16,433$14,823$13,359$7,873
11 years$18,119$16,203$14,468$12,901$11,489$6,357
12 years$16,439$14,543$12,840$11,316$9,956$5,164
13 years$15,019$13,143$11,471$9,990$8,682$4,214
14 years$13,803$11,946$10,307$8,868$7,611$3,453
15 years$12,750$10,913$9,306$7,909$6,701$2,837
16 years$11,829$10,013$8,437$7,081$5,922$2,337
17 years$11,018$9,221$7,678$6,362$5,251$1,929
18 years$10,297$8,521$7,009$5,734$4,669$1,595
19 years$9,653$7,897$6,416$5,181$4,162$1,321
20 years$9,074$7,338$5,888$4,692$3,717$1,095
21 years$8,552$6,835$5,416$4,259$3,327$908
22 years$8,077$6,381$4,992$3,872$2,982$754
23 years$7,644$5,968$4,609$3,526$2,677$626
24 years$7,248$5,591$4,263$3,216$2,406$521
25 years$6,884$5,247$3,948$2,937$2,165$433
26 years$6,548$4,931$3,662$2,686$1,950$360
27 years$6,238$4,641$3,400$2,458$1,758$300
28 years$5,951$4,373$3,161$2,252$1,586$249
29 years$5,684$4,126$2,941$2,065$1,432$208
30 years$5,435$3,896$2,740$1,896$1,294$173
31 years$5,203$3,683$2,554$1,741$1,170$144
32 years$4,985$3,485$2,383$1,600$1,059$120
33 years$4,782$3,300$2,225$1,471$958$100
34 years$4,590$3,128$2,079$1,354$867$83
35 years$4,410$2,967$1,944$1,246$786$69
36 years$4,241$2,816$1,818$1,148$712$58
37 years$4,080$2,675$1,702$1,057$645$48
38 years$3,929$2,542$1,594$975$585$40
39 years$3,786$2,417$1,493$899$530$33
40 years$3,650$2,300$1,400$829$481$28
41 years$3,522$2,189$1,312$765$436$23
42 years$3,399$2,085$1,231$706$396$19
43 years$3,283$1,986$1,155$652$359$16
44 years$3,172$1,893$1,084$602$326$13
45 years$3,067$1,806$1,018$556$296$11
46 years$2,966$1,722$956$513$269$9
47 years$2,870$1,644$898$474$244$8
48 years$2,779$1,569$844$438$222$6
49 years$2,691$1,498$794$405$201$5
50 years$2,607$1,431$746$374$183$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,670,000, adding $5,167 every year, while hoping to spend $38,023 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: 60/11/29 Blend
29$2,670,000$2,670,000$2,670,000$2,670,000
30$2,947,670$2,806,160$2,764,775$3,101,040
31$3,207,876$2,903,205$2,816,939$3,303,414
32$3,493,349$3,003,732$2,869,575$3,519,642
33$3,806,625$3,107,870$2,922,661$3,754,808
34$4,150,500$3,215,754$2,976,169$4,010,767
35$4,528,051$3,327,527$3,030,071$4,289,563
36$4,942,670$3,443,333$3,084,336$4,593,447
37$5,398,092$3,563,326$3,138,931$4,924,894
38$5,898,432$3,687,664$3,193,820$5,286,634
39$6,448,224$3,816,510$3,248,964$5,681,672
40$7,052,460$3,950,037$3,304,323$6,113,318
41$7,716,645$4,088,422$3,359,851$6,585,216
42$8,446,838$4,231,851$3,415,501$7,101,381
43$9,249,718$4,380,514$3,471,223$7,666,238
44$10,132,644$4,534,614$3,526,964$8,284,657
45$11,103,720$4,694,357$3,582,664$8,962,005
46$12,171,879$4,859,960$3,638,263$9,704,195
47$13,346,961$5,031,648$3,693,695$10,517,739
48$14,639,809$5,209,656$3,748,891$11,409,813
49$16,062,367$5,394,227$3,803,777$12,388,321
50$17,627,800$5,585,616$3,858,274$13,461,973
51$19,350,609$5,784,084$3,912,300$14,640,363
52$21,246,775$5,989,909$3,965,766$15,934,064
53$23,333,906$6,203,374$4,018,579$17,354,722
54$25,631,403$6,424,778$4,070,640$18,915,171
55$28,160,644$6,654,430$4,121,845$20,629,549
56$30,945,185$6,892,652$4,172,082$22,513,438
57$34,010,982$7,139,780$4,221,235$24,584,002
58$37,386,636$7,396,164$4,269,180$26,860,156
59$41,103,663$7,662,165$4,315,787$29,362,742
60$45,196,789$7,938,164$4,360,919$32,114,723
61$49,704,282$8,224,555$4,404,430$35,141,403
62$54,668,307$8,521,747$4,446,167$38,470,666
63$60,135,331$8,830,168$4,485,969$42,133,234
64$66,156,552$9,150,264$4,523,667$46,162,963
65$72,788,392$9,482,499$4,559,082$50,597,157
66$80,093,022$9,827,355$4,592,024$55,476,923
67$88,138,950$10,185,335$4,622,297$60,847,560
68$97,001,671$10,556,965$4,649,692$66,758,981
69$106,764,375$10,942,789$4,673,990$73,266,190
70$117,518,733$11,343,378$4,694,961$80,429,797
71$129,365,764$11,759,324$4,712,363$88,316,591
72$142,416,787$12,191,245$4,725,941$97,000,172
73$156,794,468$12,639,785$4,735,430$106,561,643
74$172,633,985$13,105,616$4,740,548$117,090,375
75$190,084,297$13,589,436$4,741,001$128,684,854
76$209,309,552$14,091,976$4,736,482$141,453,607
77$230,490,638$14,613,995$4,726,666$155,516,228
78$253,826,887$15,156,285$4,711,214$171,004,505
79$279,537,960$15,719,673$4,689,769$188,063,665
80$307,865,915$16,305,019$4,661,959$206,853,748
81$339,077,496$16,913,223$4,627,393$227,551,111
82$373,466,650$17,545,221$4,585,660$250,350,096
83$411,357,300$18,201,988$4,536,332$275,464,867
84$453,106,404$18,884,545$4,478,958$303,131,426
85$499,107,322$19,593,952$4,413,068$333,609,847
86$549,793,532$20,331,319$4,338,168$367,186,724
87$605,642,718$21,097,800$4,253,744$404,177,883
88$667,181,285$21,894,602$4,159,253$444,931,358
89$734,989,320$22,722,982$4,054,133$489,830,681
90$809,706,075$23,584,252$3,937,790$539,298,499
91$892,035,995$24,479,781$3,809,607$593,800,565
92$982,755,375$25,410,998$3,668,936$653,850,136
93$1,082,719,680$26,379,393$3,515,102$720,012,816
94$1,192,871,626$27,386,523$3,347,398$792,911,897
95$1,314,250,079$28,434,010$3,165,083$873,234,244
96$1,447,999,859$29,523,548$2,967,385$961,736,775
97$1,595,382,549$30,656,906$2,753,497$1,059,253,612
98$1,757,788,405$31,835,931$2,522,574$1,166,703,954
99$1,936,749,478$33,062,547$2,273,737$1,285,100,751
100$2,133,954,081$34,338,768$2,006,063$1,415,560,273