Can I retire at age 30 with 2,710,000?

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 $2,710,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$223,789$221,796$219,851$217,953$216,099$208,266
2 years$110,787$108,723$106,724$104,785$102,904$95,099
3 years$73,124$71,052$69,057$67,137$65,287$57,754
4 years$54,297$52,231$50,256$48,368$46,563$39,360
5 years$43,003$40,950$39,001$37,151$35,397$28,543
6 years$35,476$33,438$31,518$29,710$28,008$21,509
7 years$30,102$28,081$26,192$24,426$22,778$16,631
8 years$26,074$24,071$22,213$20,491$18,897$13,097
9 years$22,942$20,958$19,132$17,454$15,914$10,453
10 years$20,438$18,474$16,680$15,045$13,559$8,429
11 years$18,391$16,446$14,684$13,094$11,661$6,850
12 years$16,686$14,761$13,032$11,485$10,106$5,602
13 years$15,244$13,340$11,643$10,140$8,812$4,603
14 years$14,010$12,125$10,462$9,001$7,725$3,798
15 years$12,941$11,077$9,445$8,027$6,801$3,143
16 years$12,006$10,163$8,564$7,187$6,011$2,608
17 years$11,183$9,359$7,793$6,458$5,330$2,169
18 years$10,451$8,649$7,114$5,820$4,739$1,807
19 years$9,798$8,015$6,512$5,259$4,224$1,507
20 years$9,210$7,448$5,977$4,763$3,773$1,259
21 years$8,680$6,938$5,497$4,322$3,376$1,053
22 years$8,198$6,476$5,067$3,930$3,026$881
23 years$7,758$6,057$4,678$3,579$2,717$738
24 years$7,356$5,675$4,326$3,264$2,442$618
25 years$6,987$5,326$4,007$2,981$2,197$518
26 years$6,646$5,005$3,716$2,726$1,979$434
27 years$6,332$4,711$3,451$2,495$1,784$364
28 years$6,040$4,439$3,208$2,286$1,610$306
29 years$5,769$4,187$2,985$2,096$1,454$257
30 years$5,516$3,955$2,781$1,924$1,314$215
31 years$5,281$3,738$2,593$1,767$1,188$181
32 years$5,060$3,537$2,419$1,624$1,074$152
33 years$4,853$3,350$2,259$1,493$972$128
34 years$4,659$3,175$2,110$1,374$880$107
35 years$4,476$3,011$1,973$1,265$797$90
36 years$4,304$2,858$1,846$1,165$722$76
37 years$4,142$2,715$1,727$1,073$655$64
38 years$3,988$2,580$1,618$989$594$53
39 years$3,843$2,453$1,516$912$538$45
40 years$3,705$2,334$1,421$841$488$38
41 years$3,574$2,222$1,332$776$443$32
42 years$3,450$2,116$1,250$716$402$27
43 years$3,332$2,016$1,172$661$365$22
44 years$3,220$1,922$1,101$611$331$19
45 years$3,113$1,833$1,033$564$301$16
46 years$3,011$1,748$971$521$273$13
47 years$2,913$1,668$912$481$248$11
48 years$2,820$1,593$857$445$225$9
49 years$2,731$1,521$805$411$204$8
50 years$2,646$1,453$757$380$186$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,710,000, adding $5,715 every year, while hoping to spend $48,475 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: 88/5/7 Blend
29$2,710,000$2,710,000$2,710,000$2,710,000
30$2,992,315$2,848,685$2,806,680$3,253,733
31$3,245,954$2,936,694$2,849,127$3,512,823
32$3,523,840$3,027,390$2,891,371$3,790,272
33$3,828,394$3,120,854$2,933,354$4,093,714
34$4,162,284$3,217,170$2,975,015$4,425,737
35$4,528,447$3,316,422$3,016,289$4,789,188
36$4,930,121$3,418,698$3,057,106$5,187,206
37$5,370,867$3,524,089$3,097,394$5,623,246
38$5,854,613$3,632,686$3,137,073$6,101,115
39$6,385,682$3,744,587$3,176,064$6,625,005
40$6,968,838$3,859,888$3,214,279$7,199,536
41$7,609,328$3,978,691$3,251,626$7,829,794
42$8,312,933$4,101,100$3,288,009$8,521,383
43$9,086,020$4,227,222$3,323,325$9,280,478
44$9,935,605$4,357,167$3,357,467$10,113,880
45$10,869,416$4,491,047$3,390,322$11,029,082
46$11,895,968$4,628,980$3,421,769$12,034,338
47$13,024,641$4,771,084$3,451,682$13,138,742
48$14,265,770$4,917,483$3,479,929$14,352,313
49$15,630,742$5,068,303$3,506,370$15,686,092
50$17,132,101$5,223,674$3,530,857$17,152,240
51$18,783,671$5,383,729$3,553,236$18,764,156
52$20,600,679$5,548,606$3,573,344$20,536,607
53$22,599,907$5,718,445$3,591,009$22,485,858
54$24,799,841$5,893,393$3,606,051$24,629,834
55$27,220,852$6,073,597$3,618,282$26,988,284
56$29,885,387$6,259,211$3,627,502$29,582,970
57$32,818,177$6,450,393$3,633,504$32,437,867
58$36,046,472$6,647,303$3,636,067$35,579,396
59$39,600,300$6,850,109$3,634,963$39,036,669
60$43,512,747$7,058,980$3,629,951$42,841,762
61$47,820,270$7,274,093$3,620,777$47,030,022
62$52,563,040$7,495,626$3,607,176$51,640,396
63$57,785,324$7,723,766$3,588,870$56,715,801
64$63,535,898$7,958,701$3,565,567$62,303,528
65$69,868,509$8,200,627$3,536,963$68,455,688
66$76,842,382$8,449,743$3,502,737$75,229,703
67$84,522,781$8,706,256$3,462,554$82,688,848
68$92,981,617$8,970,376$3,416,063$90,902,849
69$102,298,137$9,242,319$3,362,896$99,948,538
70$112,559,663$9,522,308$3,302,669$109,910,582
71$123,862,418$9,810,571$3,234,977$120,882,279
72$136,312,437$10,107,341$3,159,401$132,966,439
73$150,026,563$10,412,858$3,075,499$146,276,352
74$165,133,553$10,727,369$2,982,809$160,936,863
75$181,775,291$11,051,126$2,880,849$177,085,542
76$200,108,127$11,384,387$2,769,114$194,873,991
77$220,304,353$11,727,419$2,647,076$214,469,266
78$242,553,827$12,080,493$2,514,183$236,055,461
79$267,065,769$12,443,888$2,369,859$259,835,440
80$294,070,729$12,817,890$2,213,501$286,032,755
81$323,822,769$13,202,792$2,044,479$314,893,756
82$356,601,857$13,598,895$1,862,135$346,689,912
83$392,716,510$14,006,505$1,665,781$381,720,380
84$432,506,709$14,425,938$1,454,698$420,314,822
85$476,347,100$14,857,516$1,228,138$462,836,521
86$524,650,540$15,301,570$985,316$509,685,808
87$577,871,986$15,758,437$725,415$561,303,843
88$636,512,792$16,228,465$447,580$618,176,777
89$701,125,443$16,712,006$150,921$680,840,342
90$772,318,768$17,209,424$0$749,884,907
91$850,763,686$17,721,089$0$825,973,428
92$937,199,540$18,247,381$0$909,823,298
93$1,032,441,077$18,788,686$0$1,002,213,361
94$1,137,386,136$19,345,401$0$1,104,014,329
95$1,253,024,129$19,917,932$0$1,216,185,712
96$1,380,445,371$20,506,692$0$1,339,784,879
97$1,520,851,383$21,112,104$0$1,475,977,038
98$1,675,566,226$21,734,599$0$1,626,046,233
99$1,846,049,005$22,374,619$0$1,791,407,471
100$2,033,907,641$23,032,613$0$1,973,620,071