Can I retire at age 30 with 2,730,000?

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 $2,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$225,441$223,433$221,474$219,561$217,694$214,441
2 years$111,604$109,526$107,511$105,558$103,664$100,394
3 years$73,664$71,576$69,567$67,632$65,769$62,583
4 years$54,697$52,616$50,627$48,725$46,907$43,831
5 years$43,320$41,252$39,289$37,426$35,658$32,700
6 years$35,738$33,685$31,751$29,930$28,215$25,378
7 years$30,324$28,289$26,385$24,607$22,946$20,232
8 years$26,266$24,249$22,377$20,642$19,036$16,444
9 years$23,111$21,113$19,273$17,582$16,031$13,560
10 years$20,589$18,610$16,803$15,156$13,659$11,307
11 years$18,526$16,567$14,793$13,190$11,747$9,512
12 years$16,809$14,870$13,128$11,570$10,180$8,059
13 years$15,357$13,438$11,729$10,214$8,877$6,867
14 years$14,113$12,215$10,539$9,067$7,782$5,879
15 years$13,036$11,158$9,515$8,086$6,852$5,053
16 years$12,095$10,238$8,627$7,240$6,056$4,358
17 years$11,265$9,429$7,850$6,505$5,369$3,769
18 years$10,529$8,712$7,166$5,863$4,774$3,267
19 years$9,870$8,075$6,560$5,297$4,255$2,838
20 years$9,278$7,503$6,021$4,798$3,801$2,469
21 years$8,744$6,989$5,538$4,354$3,401$2,152
22 years$8,258$6,524$5,104$3,959$3,049$1,878
23 years$7,816$6,102$4,713$3,606$2,737$1,640
24 years$7,410$5,717$4,358$3,289$2,460$1,434
25 years$7,038$5,365$4,037$3,003$2,214$1,255
26 years$6,695$5,042$3,744$2,746$1,994$1,099
27 years$6,378$4,745$3,477$2,514$1,798$963
28 years$6,085$4,472$3,232$2,303$1,622$845
29 years$5,811$4,218$3,008$2,112$1,465$741
30 years$5,557$3,984$2,801$1,938$1,323$650
31 years$5,320$3,766$2,612$1,780$1,196$571
32 years$5,097$3,563$2,437$1,636$1,082$501
33 years$4,889$3,375$2,275$1,504$979$440
34 years$4,693$3,198$2,126$1,384$887$387
35 years$4,509$3,034$1,987$1,274$803$340
36 years$4,336$2,879$1,859$1,173$728$299
37 years$4,172$2,735$1,740$1,081$660$263
38 years$4,017$2,599$1,630$997$598$231
39 years$3,871$2,471$1,527$919$542$203
40 years$3,732$2,351$1,431$848$492$179
41 years$3,601$2,238$1,342$782$446$157
42 years$3,476$2,132$1,259$722$405$138
43 years$3,357$2,031$1,181$666$367$122
44 years$3,244$1,936$1,109$615$334$107
45 years$3,136$1,846$1,041$568$303$94
46 years$3,033$1,761$978$525$275$83
47 years$2,935$1,681$919$485$250$73
48 years$2,841$1,604$863$448$227$64
49 years$2,751$1,532$811$414$206$57
50 years$2,665$1,464$763$383$187$50

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,730,000, adding $5,825 every year, while hoping to spend $54,987 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: 53/33/14 Blend
29$2,730,000$2,730,000$2,730,000$2,730,000
30$3,014,468$2,869,778$2,827,463$3,162,717
31$3,263,439$2,951,892$2,863,678$3,346,629
32$3,535,961$3,036,186$2,899,262$3,540,265
33$3,834,379$3,122,709$2,934,138$3,749,700
34$4,161,275$3,211,512$2,968,221$3,976,446
35$4,519,492$3,302,643$3,001,423$4,222,168
36$4,912,161$3,396,153$3,033,651$4,488,700
37$5,342,729$3,492,092$3,064,807$4,778,059
38$5,814,996$3,590,514$3,094,787$5,092,466
39$6,333,145$3,691,468$3,123,481$5,434,366
40$6,901,783$3,795,006$3,150,775$5,806,453
41$7,525,985$3,901,182$3,176,546$6,211,691
42$8,211,343$4,010,048$3,200,668$6,653,345
43$8,964,015$4,121,655$3,223,006$7,135,012
44$9,790,786$4,236,058$3,243,418$7,660,653
45$10,699,130$4,353,308$3,261,756$8,234,628
46$11,697,280$4,473,459$3,277,863$8,861,744
47$12,794,306$4,596,562$3,291,575$9,547,292
48$14,000,202$4,722,670$3,302,720$10,297,101
49$15,325,977$4,851,835$3,311,115$11,117,595
50$16,783,760$4,984,109$3,316,571$12,015,848
51$18,386,915$5,119,542$3,318,888$12,999,654
52$20,150,165$5,258,184$3,317,855$14,077,599
53$22,089,732$5,400,085$3,313,253$15,259,143
54$24,223,488$5,545,293$3,304,851$16,554,708
55$26,571,127$5,693,855$3,292,406$17,975,779
56$29,154,345$5,845,817$3,275,665$19,535,007
57$31,997,049$6,001,224$3,254,361$21,246,331
58$35,125,582$6,160,117$3,228,216$23,125,113
59$38,568,968$6,322,539$3,196,938$25,188,275
60$42,359,187$6,488,528$3,160,219$27,454,467
61$46,531,478$6,658,120$3,117,741$29,944,237
62$51,124,670$6,831,349$3,069,166$32,680,225
63$56,181,548$7,008,247$3,014,145$35,687,381
64$61,749,255$7,188,840$2,952,308$38,993,198
65$67,879,740$7,373,154$2,883,271$42,627,968
66$74,630,244$7,561,209$2,806,631$46,625,074
67$82,063,842$7,753,022$2,721,967$51,021,300
68$90,250,040$7,948,605$2,628,838$55,857,182
69$99,265,423$8,147,966$2,526,783$61,177,388
70$109,194,387$8,351,107$2,415,321$67,031,142
71$120,129,927$8,558,024$2,293,947$73,472,683
72$132,174,521$8,768,709$2,162,136$80,561,787
73$145,441,090$8,983,144$2,019,336$88,364,321
74$160,054,070$9,201,306$1,864,972$96,952,872
75$176,150,580$9,423,165$1,698,444$106,407,430
76$193,881,721$9,648,682$1,519,123$116,816,141
77$213,413,997$9,877,808$1,326,354$128,276,145
78$234,930,890$10,110,486$1,119,452$140,894,486
79$258,634,589$10,346,648$897,702$154,789,129
80$284,747,899$10,586,216$660,357$170,090,070
81$313,516,343$10,829,098$406,637$186,940,566
82$345,210,479$11,075,193$135,729$205,498,488
83$380,128,454$11,324,384$0$225,937,806
84$418,598,818$11,576,540$0$248,473,154
85$460,983,622$11,831,516$0$273,316,023
86$507,681,840$12,089,149$0$300,679,083
87$559,133,130$12,349,259$0$330,819,057
88$615,821,985$12,611,649$0$364,018,851
89$678,282,307$12,876,099$0$400,590,219
90$747,102,447$13,142,372$0$440,876,708
91$822,930,754$13,410,206$0$485,256,904
92$906,481,700$13,679,315$0$534,148,000
93$998,542,621$13,949,389$0$588,009,740
94$1,099,981,148$14,220,090$0$647,348,756
95$1,211,753,402$14,491,051$0$712,723,349
96$1,334,913,013$14,761,876$0$784,748,767
97$1,470,621,067$15,032,135$0$864,103,004
98$1,620,157,072$15,301,365$0$951,533,206
99$1,784,931,027$15,569,066$0$1,047,862,726
100$1,966,496,741$15,834,700$0$1,153,998,891