Can I retire at age 30 with 2,690,000?

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 $2,690,000?

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$222,138$220,159$218,229$216,344$214,504$205,912
2 years$109,969$107,921$105,936$104,012$102,145$93,597
3 years$72,585$70,528$68,548$66,641$64,805$56,569
4 years$53,896$51,845$49,885$48,011$46,219$38,359
5 years$42,686$40,647$38,713$36,877$35,135$27,670
6 years$35,215$33,192$31,286$29,491$27,801$20,737
7 years$29,880$27,874$25,999$24,246$22,610$15,943
8 years$25,881$23,893$22,049$20,340$18,757$12,480
9 years$22,773$20,803$18,991$17,325$15,796$9,900
10 years$20,287$18,337$16,557$14,934$13,459$7,932
11 years$18,255$16,325$14,576$12,997$11,575$6,405
12 years$16,562$14,652$12,936$11,400$10,031$5,202
13 years$15,132$13,241$11,557$10,065$8,747$4,246
14 years$13,906$12,036$10,384$8,934$7,668$3,478
15 years$12,845$10,995$9,376$7,968$6,751$2,859
16 years$11,918$10,088$8,500$7,134$5,967$2,355
17 years$11,100$9,290$7,735$6,410$5,291$1,944
18 years$10,374$8,585$7,061$5,777$4,704$1,607
19 years$9,726$7,956$6,464$5,220$4,193$1,331
20 years$9,142$7,393$5,932$4,728$3,745$1,103
21 years$8,616$6,887$5,457$4,291$3,352$915
22 years$8,137$6,428$5,029$3,901$3,004$760
23 years$7,701$6,012$4,644$3,553$2,697$631
24 years$7,302$5,633$4,295$3,240$2,424$525
25 years$6,935$5,286$3,978$2,959$2,181$436
26 years$6,597$4,968$3,689$2,706$1,965$363
27 years$6,285$4,676$3,426$2,477$1,771$302
28 years$5,995$4,406$3,185$2,269$1,598$251
29 years$5,726$4,157$2,963$2,081$1,443$209
30 years$5,476$3,925$2,760$1,910$1,304$174
31 years$5,242$3,711$2,573$1,754$1,179$145
32 years$5,023$3,511$2,401$1,612$1,066$121
33 years$4,817$3,325$2,242$1,482$965$101
34 years$4,625$3,152$2,095$1,364$874$84
35 years$4,443$2,989$1,958$1,256$791$70
36 years$4,272$2,837$1,832$1,156$717$58
37 years$4,111$2,695$1,715$1,065$650$48
38 years$3,959$2,561$1,606$982$589$40
39 years$3,814$2,435$1,504$905$534$34
40 years$3,678$2,317$1,410$835$485$28
41 years$3,548$2,205$1,322$771$440$23
42 years$3,425$2,100$1,240$711$399$19
43 years$3,308$2,001$1,164$656$362$16
44 years$3,196$1,908$1,092$606$329$14
45 years$3,090$1,819$1,026$560$298$11
46 years$2,989$1,735$963$517$271$9
47 years$2,892$1,656$905$478$246$8
48 years$2,799$1,581$851$441$223$7
49 years$2,711$1,510$799$408$203$5
50 years$2,626$1,442$752$377$184$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,690,000, adding $6,511 every year, while hoping to spend $28,174 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: 60/25/15 Blend
29$2,690,000$2,690,000$2,690,000$2,690,000
30$2,971,096$2,828,526$2,786,831$3,137,771
31$3,244,171$2,937,147$2,850,213$3,359,519
32$3,544,155$3,050,146$2,914,774$3,597,586
33$3,873,764$3,167,708$2,980,524$3,856,623
34$4,235,988$3,290,026$3,047,471$4,138,660
35$4,634,122$3,417,301$3,115,625$4,445,932
36$5,071,798$3,549,743$3,184,994$4,780,893
37$5,553,013$3,687,573$3,255,583$5,146,248
38$6,082,175$3,831,018$3,327,400$5,544,972
39$6,664,138$3,980,320$3,400,449$5,980,337
40$7,304,252$4,135,727$3,474,735$6,455,946
41$8,008,408$4,297,500$3,550,262$6,975,766
42$8,783,101$4,465,913$3,627,031$7,544,162
43$9,635,485$4,641,250$3,705,044$8,165,938
44$10,573,442$4,823,809$3,784,300$8,846,385
45$11,605,657$5,013,899$3,864,798$9,591,327
46$12,741,700$5,211,846$3,946,535$10,407,176
47$13,992,116$5,417,990$4,029,506$11,300,993
48$15,368,523$5,632,683$4,113,707$12,280,552
49$16,883,724$5,856,296$4,199,128$13,354,413
50$18,551,826$6,089,216$4,285,760$14,532,005
51$20,388,372$6,331,847$4,373,592$15,823,709
52$22,410,489$6,584,611$4,462,611$17,240,958
53$24,637,051$6,847,950$4,552,801$18,796,345
54$27,088,855$7,122,323$4,644,144$20,503,739
55$29,788,815$7,408,214$4,736,620$22,378,415
56$32,762,184$7,706,126$4,830,207$24,437,198
57$36,036,786$8,016,586$4,924,878$26,698,620
58$39,643,282$8,340,143$5,020,605$29,183,095
59$43,615,460$8,677,372$5,117,358$31,913,107
60$47,990,549$9,028,876$5,215,102$34,913,427
61$52,809,576$9,395,282$5,313,799$38,211,341
62$58,117,750$9,777,248$5,413,408$41,836,906
63$63,964,887$10,175,460$5,513,885$45,823,234
64$70,405,886$10,590,637$5,615,179$50,206,806
65$77,501,238$11,023,530$5,717,240$55,027,807
66$85,317,606$11,474,925$5,820,009$60,330,512
67$93,928,447$11,945,642$5,923,425$66,163,697
68$103,414,710$12,436,540$6,027,421$72,581,101
69$113,865,598$12,948,517$6,131,926$79,641,928
70$125,379,407$13,482,513$6,236,864$87,411,408
71$138,064,460$14,039,509$6,342,152$95,961,408
72$152,040,123$14,620,533$6,447,703$105,371,109
73$167,437,936$15,226,660$6,553,421$115,727,753
74$184,402,852$15,859,013$6,659,208$127,127,462
75$203,094,606$16,518,768$6,764,955$139,676,145
76$223,689,223$17,207,155$6,870,548$153,490,496
77$246,380,679$17,925,460$6,975,866$168,699,088
78$271,382,731$18,675,030$7,080,780$185,443,592
79$298,930,935$19,457,272$7,185,152$203,880,106
80$329,284,872$20,273,660$7,288,836$224,180,629
81$362,730,594$21,125,735$7,391,677$246,534,679
82$399,583,328$22,015,109$7,493,512$271,151,081
83$440,190,448$22,943,470$7,594,165$298,259,936
84$484,934,758$23,912,585$7,693,454$328,114,788
85$534,238,101$24,924,299$7,791,183$360,995,014
86$588,565,346$25,980,548$7,887,145$397,208,461
87$648,428,770$27,083,354$7,981,124$437,094,345
88$714,392,901$28,234,834$8,072,888$481,026,451
89$787,079,842$29,437,206$8,162,194$529,416,657
90$867,175,145$30,692,789$8,248,787$582,718,820
91$955,434,283$32,004,009$8,332,395$641,433,053
92$1,052,689,783$33,373,408$8,412,733$706,110,445
93$1,159,859,082$34,803,646$8,489,501$777,358,258
94$1,277,953,189$36,297,506$8,562,380$855,845,652
95$1,408,086,233$37,857,902$8,631,039$942,310,001
96$1,551,485,975$39,487,885$8,695,124$1,037,563,847
97$1,709,505,401$41,190,648$8,754,267$1,142,502,566
98$1,883,635,496$42,969,534$8,808,080$1,258,112,814
99$2,075,519,318$44,828,043$8,856,151$1,385,481,835
100$2,286,967,509$46,769,838$8,898,053$1,525,807,721