Can I retire at age 30 with 2,680,000?

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 $2,680,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$221,312$219,341$217,417$215,540$213,707$208,203
2 years$109,560$107,520$105,542$103,625$101,765$96,256
3 years$72,315$70,265$68,293$66,394$64,564$59,223
4 years$53,696$51,653$49,700$47,833$46,048$40,915
5 years$42,527$40,496$38,569$36,740$35,005$30,096
6 years$35,084$33,068$31,170$29,381$27,698$23,017
7 years$29,769$27,771$25,902$24,156$22,526$18,073
8 years$25,785$23,805$21,967$20,264$18,687$14,461
9 years$22,688$20,726$18,920$17,260$15,737$11,733
10 years$20,212$18,269$16,495$14,879$13,409$9,622
11 years$18,187$16,264$14,522$12,949$11,532$7,958
12 years$16,501$14,598$12,888$11,358$9,994$6,625
13 years$15,075$13,192$11,514$10,027$8,715$5,544
14 years$13,855$11,991$10,346$8,901$7,639$4,661
15 years$12,797$10,954$9,341$7,938$6,726$3,932
16 years$11,873$10,050$8,469$7,108$5,945$3,327
17 years$11,059$9,256$7,706$6,386$5,271$2,822
18 years$10,336$8,553$7,035$5,755$4,687$2,398
19 years$9,689$7,927$6,440$5,200$4,177$2,042
20 years$9,108$7,366$5,910$4,710$3,731$1,741
21 years$8,584$6,861$5,436$4,275$3,339$1,486
22 years$8,107$6,404$5,011$3,887$2,993$1,270
23 years$7,672$5,990$4,626$3,540$2,687$1,086
24 years$7,275$5,612$4,279$3,228$2,415$930
25 years$6,909$5,267$3,963$2,948$2,173$797
26 years$6,573$4,950$3,675$2,696$1,957$683
27 years$6,262$4,658$3,413$2,468$1,765$585
28 years$5,973$4,390$3,173$2,261$1,592$502
29 years$5,705$4,141$2,952$2,073$1,438$431
30 years$5,455$3,911$2,750$1,903$1,299$370
31 years$5,222$3,697$2,564$1,747$1,175$318
32 years$5,004$3,498$2,392$1,606$1,062$273
33 years$4,799$3,313$2,234$1,477$962$234
34 years$4,607$3,140$2,087$1,359$871$201
35 years$4,427$2,978$1,951$1,251$789$173
36 years$4,256$2,827$1,825$1,152$714$148
37 years$4,096$2,685$1,708$1,061$648$128
38 years$3,944$2,551$1,600$978$587$110
39 years$3,800$2,426$1,499$902$532$94
40 years$3,664$2,308$1,405$832$483$81
41 years$3,535$2,197$1,317$768$438$70
42 years$3,412$2,093$1,236$708$397$60
43 years$3,295$1,994$1,160$654$361$51
44 years$3,184$1,900$1,088$604$327$44
45 years$3,078$1,812$1,022$558$297$38
46 years$2,977$1,729$960$515$270$33
47 years$2,881$1,650$902$476$245$28
48 years$2,789$1,575$847$440$223$24
49 years$2,701$1,504$797$406$202$21
50 years$2,617$1,437$749$376$184$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,680,000, adding $6,890 every year, while hoping to spend $37,426 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: 38/32/30 Blend
29$2,680,000$2,680,000$2,680,000$2,680,000
30$2,960,467$2,818,427$2,776,887$3,046,330
31$3,222,614$2,916,709$2,830,092$3,208,621
32$3,510,245$3,018,552$2,883,825$3,379,997
33$3,825,921$3,124,092$2,938,063$3,564,517
34$4,172,461$3,233,469$2,992,785$3,763,402
35$4,552,971$3,346,828$3,047,962$3,977,994
36$4,970,874$3,464,322$3,103,569$4,209,767
37$5,429,938$3,586,109$3,159,573$4,460,345
38$5,934,315$3,712,352$3,215,942$4,731,510
39$6,488,581$3,843,223$3,272,642$5,025,225
40$7,097,773$3,978,898$3,329,633$5,343,648
41$7,767,446$4,119,564$3,386,875$5,689,153
42$8,503,714$4,265,411$3,444,324$6,064,354
43$9,313,318$4,416,641$3,501,934$6,472,124
44$10,203,681$4,573,461$3,559,653$6,915,627
45$11,182,984$4,736,088$3,617,429$7,398,345
46$12,260,239$4,904,748$3,675,204$7,924,110
47$13,445,377$5,079,674$3,732,917$8,497,140
48$14,749,339$5,261,111$3,790,503$9,122,080
49$16,184,180$5,449,314$3,847,893$9,804,040
50$17,763,182$5,644,546$3,905,014$10,548,650
51$19,500,982$5,847,084$3,961,787$11,362,107
52$21,413,704$6,057,214$4,018,129$12,251,235
53$23,519,119$6,275,234$4,073,953$13,223,546
54$25,836,804$6,501,455$4,129,165$14,287,317
55$28,388,333$6,736,201$4,183,667$15,451,658
56$31,197,477$6,979,810$4,237,355$16,726,606
57$34,290,431$7,232,631$4,290,117$18,123,213
58$37,696,056$7,495,032$4,341,837$19,653,652
59$41,446,157$7,767,392$4,392,392$21,331,332
60$45,575,779$8,050,108$4,441,652$23,171,020
61$50,123,540$8,343,594$4,489,478$25,188,985
62$55,131,991$8,648,281$4,535,726$27,403,146
63$60,648,024$8,964,616$4,580,242$29,833,241
64$66,723,308$9,293,068$4,622,866$32,501,015
65$73,414,780$9,634,123$4,663,426$35,430,423
66$80,785,182$9,988,289$4,701,745$38,647,852
67$88,903,651$10,356,095$4,737,634$42,182,374
68$97,846,372$10,738,093$4,770,894$46,066,016
69$107,697,300$11,134,857$4,801,317$50,334,063
70$118,548,945$11,546,987$4,828,682$55,025,390
71$130,503,255$11,975,106$4,852,760$60,182,824
72$143,672,566$12,419,866$4,873,307$65,853,552
73$158,180,674$12,881,945$4,890,069$72,089,564
74$174,163,994$13,362,052$4,902,777$78,948,139
75$191,772,853$13,860,924$4,911,152$86,492,390
76$211,172,906$14,379,331$4,914,897$94,791,853
77$232,546,700$14,918,076$4,913,704$103,923,145
78$256,095,396$15,477,994$4,907,246$113,970,685
79$282,040,671$16,059,961$4,895,183$125,027,490
80$310,626,806$16,664,885$4,877,158$137,196,051
81$342,122,993$17,293,717$4,852,796$150,589,297
82$376,825,877$17,947,448$4,821,703$165,331,662
83$415,062,355$18,627,111$4,783,468$181,560,258
84$457,192,661$19,333,786$4,737,661$199,426,164
85$503,613,768$20,068,597$4,683,827$219,095,856
86$554,763,132$20,832,718$4,621,496$240,752,769
87$611,122,826$21,627,375$4,550,170$264,599,036
88$673,224,084$22,453,847$4,469,331$290,857,384
89$741,652,323$23,313,468$4,378,436$319,773,243
90$817,052,663$24,207,631$4,276,916$351,617,055
91$900,136,020$25,137,789$4,164,178$386,686,826
92$991,685,814$26,105,461$4,039,598$425,310,941
93$1,092,565,369$27,112,231$3,902,527$467,851,253
94$1,203,726,057$28,159,751$3,752,282$514,706,505
95$1,326,216,286$29,249,749$3,588,154$566,316,086
96$1,461,191,388$30,384,028$3,409,398$623,164,180
97$1,609,924,533$31,564,469$3,215,237$685,784,329
98$1,773,818,745$32,793,037$3,004,857$754,764,474
99$1,954,420,146$34,071,786$2,777,409$830,752,493
100$2,153,432,556$35,402,858$2,532,007$914,462,323