Can I retire at age 30 with 2,750,000?

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 $2,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$227,092$225,070$223,096$221,170$219,289$216,909
2 years$112,422$110,328$108,299$106,332$104,423$102,027
3 years$74,204$72,101$70,077$68,128$66,250$63,912
4 years$55,098$53,002$50,998$49,082$47,250$44,988
5 years$43,638$41,554$39,576$37,700$35,919$33,739
6 years$36,000$33,932$31,984$30,149$28,421$26,327
7 years$30,547$28,496$26,579$24,787$23,114$21,106
8 years$26,458$24,426$22,541$20,793$19,175$17,253
9 years$23,280$21,268$19,414$17,711$16,149$14,312
10 years$20,740$18,746$16,926$15,267$13,759$12,007
11 years$18,662$16,689$14,901$13,287$11,834$10,163
12 years$16,932$14,979$13,224$11,655$10,255$8,665
13 years$15,469$13,537$11,815$10,289$8,942$7,432
14 years$14,216$12,304$10,616$9,134$7,839$6,406
15 years$13,132$11,240$9,585$8,146$6,902$5,543
16 years$12,184$10,313$8,690$7,293$6,100$4,814
17 years$11,348$9,498$7,908$6,553$5,409$4,193
18 years$10,606$8,776$7,219$5,906$4,809$3,661
19 years$9,943$8,134$6,608$5,336$4,286$3,203
20 years$9,346$7,558$6,065$4,833$3,829$2,808
21 years$8,808$7,040$5,578$4,386$3,426$2,465
22 years$8,319$6,572$5,141$3,988$3,071$2,167
23 years$7,873$6,146$4,747$3,632$2,757$1,908
24 years$7,465$5,759$4,390$3,313$2,478$1,681
25 years$7,090$5,404$4,066$3,025$2,230$1,483
26 years$6,744$5,079$3,771$2,766$2,008$1,309
27 years$6,425$4,780$3,502$2,532$1,811$1,156
28 years$6,129$4,504$3,256$2,320$1,634$1,022
29 years$5,854$4,249$3,030$2,127$1,475$904
30 years$5,598$4,013$2,822$1,952$1,333$800
31 years$5,359$3,794$2,631$1,793$1,205$708
32 years$5,135$3,590$2,455$1,648$1,090$627
33 years$4,925$3,399$2,292$1,515$987$555
34 years$4,728$3,222$2,141$1,394$893$492
35 years$4,542$3,056$2,002$1,284$809$436
36 years$4,368$2,900$1,873$1,182$733$387
37 years$4,203$2,755$1,753$1,089$664$343
38 years$4,047$2,618$1,642$1,004$602$304
39 years$3,899$2,489$1,538$926$546$270
40 years$3,760$2,369$1,442$854$495$239
41 years$3,627$2,255$1,352$788$449$212
42 years$3,501$2,147$1,268$727$408$188
43 years$3,381$2,046$1,190$671$370$167
44 years$3,267$1,950$1,117$620$336$148
45 years$3,159$1,860$1,049$572$305$132
46 years$3,055$1,774$985$529$277$117
47 years$2,956$1,693$925$488$251$104
48 years$2,862$1,616$870$451$228$92
49 years$2,771$1,543$817$417$207$82
50 years$2,685$1,474$768$385$188$73

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,750,000, adding $2,897 every year, while hoping to spend $39,443 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: 50/44/6 Blend
29$2,750,000$2,750,000$2,750,000$2,750,000
30$3,033,488$2,887,738$2,845,113$3,180,519
31$3,300,937$2,987,270$2,898,458$3,380,484
32$3,594,344$3,090,358$2,952,267$3,593,167
33$3,916,314$3,197,133$3,006,515$3,823,321
34$4,269,719$3,307,733$3,061,174$4,072,590
35$4,657,720$3,422,302$3,116,214$4,342,781
36$5,083,801$3,540,988$3,171,600$4,635,878
37$5,551,798$3,663,946$3,227,298$4,954,066
38$6,065,939$3,791,337$3,283,270$5,299,746
39$6,630,880$3,923,327$3,339,475$5,675,557
40$7,251,750$4,060,091$3,395,868$6,084,405
41$7,934,202$4,201,808$3,452,402$6,529,483
42$8,684,461$4,348,667$3,509,028$7,014,305
43$9,509,387$4,500,863$3,565,692$7,542,739
44$10,416,537$4,658,598$3,622,335$8,119,039
45$11,414,238$4,822,084$3,678,898$8,747,886
46$12,511,665$4,991,540$3,735,315$9,434,432
47$13,718,923$5,167,194$3,791,517$10,184,349
48$15,047,151$5,349,284$3,847,430$11,003,877
49$16,508,618$5,538,057$3,902,976$11,899,886
50$18,116,844$5,733,769$3,958,074$12,879,941
51$19,886,727$5,936,688$4,012,633$13,952,366
52$21,834,679$6,147,092$4,066,563$15,126,330
53$23,978,787$6,365,270$4,119,763$16,411,924
54$26,338,978$6,591,523$4,172,131$17,820,261
55$28,937,212$6,826,165$4,223,554$19,363,579
56$31,797,682$7,069,522$4,273,918$21,055,352
57$34,947,050$7,321,933$4,323,099$22,910,420
58$38,414,692$7,583,751$4,370,966$24,945,125
59$42,232,980$7,855,344$4,417,382$27,177,464
60$46,437,583$8,137,095$4,462,203$29,627,259
61$51,067,805$8,429,402$4,505,277$32,316,343
62$56,166,959$8,732,680$4,546,441$35,268,760
63$61,782,768$9,047,361$4,585,526$38,510,996
64$67,967,824$9,373,895$4,622,355$42,072,227
65$74,780,077$9,712,750$4,656,738$45,984,587
66$82,283,384$10,064,415$4,688,479$50,283,475
67$90,548,115$10,429,397$4,717,369$55,007,886
68$99,651,812$10,808,226$4,743,189$60,200,777
69$109,679,920$11,201,453$4,765,709$65,909,469
70$120,726,599$11,609,651$4,784,688$72,186,095
71$132,895,609$12,033,421$4,799,872$79,088,087
72$146,301,287$12,473,384$4,810,993$86,678,715
73$161,069,629$12,930,191$4,817,773$95,027,688
74$177,339,479$13,404,518$4,819,916$104,211,801
75$195,263,838$13,897,071$4,817,115$114,315,666
76$215,011,306$14,408,585$4,809,045$125,432,500
77$236,767,679$14,939,825$4,795,367$137,665,011
78$260,737,696$15,491,590$4,775,726$151,126,355
79$287,146,976$16,064,713$4,749,748$165,941,212
80$316,244,144$16,660,061$4,717,041$182,246,949
81$348,303,181$17,278,538$4,677,196$200,194,923
82$383,626,008$17,921,088$4,629,784$219,951,900
83$422,545,333$18,588,694$4,574,355$241,701,631
84$465,427,798$19,282,381$4,510,437$265,646,578
85$512,677,434$20,003,219$4,437,537$292,009,827
86$564,739,477$20,752,321$4,355,139$321,037,185
87$622,104,570$21,530,851$4,262,702$352,999,500
88$685,313,395$22,340,021$4,159,662$388,195,214
89$754,961,776$23,181,097$4,045,425$426,953,173
90$831,706,304$24,055,398$3,919,374$469,635,729
91$916,270,534$24,964,300$3,780,860$516,642,158
92$1,009,451,817$25,909,239$3,629,207$568,412,420
93$1,112,128,824$26,891,713$3,463,707$625,431,313
94$1,225,269,842$27,913,285$3,283,620$688,233,038
95$1,349,941,917$28,975,587$3,088,172$757,406,243
96$1,487,320,921$30,080,319$2,876,554$833,599,570
97$1,638,702,660$31,229,259$2,647,923$917,527,775
98$1,805,515,098$32,424,260$2,401,395$1,009,978,469
99$1,989,331,845$33,667,255$2,136,049$1,111,819,547
100$2,191,887,007$34,960,266$1,850,921$1,224,007,375