Can I retire at age 30 with 2,760,000?

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 $2,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$227,918$225,888$223,907$221,974$220,086$213,041
2 years$112,831$110,729$108,693$106,718$104,803$97,770
3 years$74,473$72,363$70,331$68,375$66,491$59,691
4 years$55,298$53,194$51,183$49,261$47,422$40,907
5 years$43,796$41,705$39,720$37,837$36,050$29,837
6 years$36,131$34,055$32,100$30,258$28,525$22,620
7 years$30,658$28,600$26,675$24,877$23,198$17,601
8 years$26,555$24,515$22,623$20,869$19,245$13,951
9 years$23,365$21,345$19,485$17,776$16,207$11,210
10 years$20,815$18,814$16,987$15,323$13,809$9,102
11 years$18,730$16,749$14,955$13,335$11,877$7,450
12 years$16,993$15,033$13,273$11,697$10,292$6,137
13 years$15,525$13,586$11,858$10,327$8,975$5,081
14 years$14,268$12,349$10,655$9,167$7,867$4,224
15 years$13,179$11,281$9,620$8,175$6,927$3,524
16 years$12,228$10,350$8,722$7,320$6,122$2,947
17 years$11,389$9,532$7,936$6,577$5,428$2,471
18 years$10,644$8,808$7,245$5,927$4,827$2,075
19 years$9,979$8,163$6,632$5,356$4,302$1,746
20 years$9,380$7,586$6,087$4,851$3,843$1,471
21 years$8,840$7,066$5,599$4,402$3,439$1,240
22 years$8,349$6,596$5,160$4,003$3,082$1,047
23 years$7,901$6,169$4,764$3,645$2,767$884
24 years$7,492$5,780$4,406$3,325$2,487$747
25 years$7,116$5,424$4,081$3,036$2,238$632
26 years$6,769$5,098$3,785$2,776$2,016$535
27 years$6,449$4,798$3,515$2,541$1,817$452
28 years$6,151$4,521$3,267$2,328$1,640$383
29 years$5,875$4,265$3,041$2,135$1,481$324
30 years$5,618$4,028$2,832$1,959$1,338$275
31 years$5,378$3,807$2,640$1,800$1,210$233
32 years$5,153$3,603$2,464$1,654$1,094$197
33 years$4,943$3,412$2,300$1,521$990$167
34 years$4,745$3,234$2,149$1,399$897$142
35 years$4,559$3,067$2,009$1,288$812$120
36 years$4,384$2,911$1,880$1,186$736$102
37 years$4,218$2,765$1,759$1,093$667$86
38 years$4,062$2,628$1,648$1,008$605$73
39 years$3,914$2,499$1,544$929$548$62
40 years$3,773$2,377$1,447$857$497$53
41 years$3,640$2,263$1,357$791$451$45
42 years$3,514$2,155$1,273$730$409$38
43 years$3,394$2,053$1,194$673$372$32
44 years$3,279$1,957$1,121$622$337$27
45 years$3,170$1,866$1,052$574$306$23
46 years$3,066$1,780$989$530$278$20
47 years$2,967$1,699$929$490$252$17
48 years$2,872$1,622$873$453$229$14
49 years$2,782$1,549$820$419$208$12
50 years$2,695$1,480$771$387$189$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,760,000, adding $3,985 every year, while hoping to spend $33,472 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: 36/35/29 Blend
29$2,760,000$2,760,000$2,760,000$2,760,000
30$3,045,631$2,899,351$2,856,571$3,128,655
31$3,320,671$3,005,805$2,916,652$3,297,387
32$3,622,644$3,116,353$2,977,624$3,476,119
33$3,954,260$3,231,162$3,039,481$3,668,443
34$4,318,508$3,350,402$3,102,217$3,875,605
35$4,718,678$3,474,254$3,165,824$4,098,975
36$5,158,396$3,602,905$3,230,291$4,340,056
37$5,641,654$3,736,549$3,295,608$4,600,502
38$6,172,854$3,875,391$3,361,762$4,882,128
39$6,756,842$4,019,642$3,428,738$5,186,932
40$7,398,959$4,169,524$3,496,520$5,517,109
41$8,105,089$4,325,267$3,565,089$5,875,071
42$8,881,714$4,487,111$3,634,426$6,263,474
43$9,735,978$4,655,308$3,704,508$6,685,236
44$10,675,748$4,830,119$3,775,310$7,143,567
45$11,709,697$5,011,817$3,846,805$7,642,000
46$12,847,376$5,200,686$3,918,963$8,184,421
47$14,099,312$5,397,023$3,991,752$8,775,103
48$15,477,103$5,601,139$4,065,137$9,418,753
49$16,993,528$5,813,355$4,139,079$10,120,547
50$18,662,668$6,034,009$4,213,538$10,886,183
51$20,500,037$6,263,453$4,288,469$11,721,931
52$22,522,733$6,502,054$4,363,825$12,634,695
53$24,749,591$6,750,195$4,439,553$13,632,073
54$27,201,370$7,008,275$4,515,598$14,722,429
55$29,900,941$7,276,711$4,591,902$15,914,974
56$32,873,506$7,555,939$4,668,400$17,219,847
57$36,146,837$7,846,414$4,745,025$18,648,211
58$39,751,536$8,148,609$4,821,704$20,212,360
59$43,721,321$8,463,020$4,898,360$21,925,829
60$48,093,352$8,790,164$4,974,911$23,803,525
61$52,908,572$9,130,580$5,051,269$25,861,864
62$58,212,100$9,484,832$5,127,340$28,118,924
63$64,053,653$9,853,508$5,203,025$30,594,615
64$70,488,019$10,237,223$5,278,219$33,310,866
65$77,575,568$10,636,618$5,352,811$36,291,831
66$85,382,827$11,052,363$5,426,681$39,564,113
67$93,983,104$11,485,158$5,499,703$43,157,013
68$103,457,184$11,935,734$5,571,746$47,102,809
69$113,894,085$12,404,853$5,642,669$51,437,054
70$125,391,905$12,893,314$5,712,321$56,198,916
71$138,058,742$13,401,949$5,780,547$61,431,536
72$152,013,717$13,931,629$5,847,179$67,182,443
73$167,388,100$14,483,261$5,912,042$73,503,995
74$184,326,542$15,057,797$5,974,952$80,453,872
75$202,988,448$15,656,228$6,035,711$88,095,618
76$223,549,477$16,279,591$6,094,115$96,499,241
77$246,203,202$16,928,969$6,149,947$105,741,868
78$271,162,935$17,605,495$6,202,976$115,908,470
79$298,663,741$18,310,351$6,252,962$127,092,666
80$328,964,658$19,044,774$6,299,652$139,397,599
81$362,351,141$19,810,056$6,342,779$152,936,909
82$399,137,756$20,607,547$6,382,061$167,835,804
83$439,671,151$21,438,660$6,417,202$184,232,235
84$484,333,323$22,304,870$6,447,894$202,278,197
85$533,545,232$23,207,718$6,473,809$222,141,163
86$587,770,769$24,148,819$6,494,604$244,005,656
87$647,521,133$25,129,857$6,509,919$268,074,992
88$713,359,663$26,152,595$6,519,376$294,573,191
89$785,907,152$27,218,876$6,522,579$323,747,094
90$865,847,707$28,330,625$6,519,110$355,868,680
91$953,935,205$29,489,858$6,508,532$391,237,640
92$1,051,000,416$30,698,681$6,490,388$430,184,190
93$1,157,958,839$31,959,297$6,464,196$473,072,193
94$1,275,819,346$33,274,008$6,429,453$520,302,585
95$1,405,693,710$34,645,225$6,385,630$572,317,154
96$1,548,807,094$36,075,467$6,332,174$629,602,706
97$1,706,509,620$37,567,368$6,268,505$692,695,657
98$1,880,289,117$39,123,684$6,194,015$762,187,087
99$2,071,785,161$40,747,299$6,108,069$838,728,319
100$2,282,804,558$42,441,227$6,010,000$923,037,055