Can I retire at age 30 with 2,770,000?

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 $2,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$228,744$226,706$224,719$222,778$220,884$218,577
2 years$113,240$111,131$109,087$107,105$105,183$102,860
3 years$74,743$72,625$70,586$68,623$66,732$64,465
4 years$55,499$53,387$51,369$49,439$47,594$45,400
5 years$43,955$41,856$39,864$37,974$36,180$34,066
6 years$36,262$34,179$32,216$30,368$28,628$26,596
7 years$30,769$28,703$26,772$24,967$23,282$21,334
8 years$26,651$24,604$22,705$20,944$19,315$17,449
9 years$23,450$21,422$19,556$17,840$16,266$14,483
10 years$20,890$18,883$17,049$15,378$13,859$12,158
11 years$18,798$16,810$15,010$13,384$11,920$10,298
12 years$17,055$15,088$13,321$11,739$10,329$8,786
13 years$15,582$13,635$11,901$10,364$9,007$7,540
14 years$14,320$12,394$10,693$9,200$7,896$6,503
15 years$13,227$11,322$9,655$8,205$6,952$5,631
16 years$12,272$10,388$8,753$7,347$6,144$4,894
17 years$11,430$9,567$7,965$6,601$5,448$4,265
18 years$10,683$8,840$7,271$5,949$4,844$3,726
19 years$10,015$8,193$6,656$5,375$4,318$3,263
20 years$9,414$7,613$6,109$4,868$3,857$2,862
21 years$8,872$7,091$5,619$4,418$3,451$2,515
22 years$8,379$6,620$5,179$4,017$3,093$2,213
23 years$7,930$6,191$4,782$3,659$2,777$1,950
24 years$7,519$5,801$4,422$3,337$2,496$1,719
25 years$7,141$5,444$4,096$3,047$2,246$1,518
26 years$6,794$5,116$3,799$2,786$2,023$1,341
27 years$6,472$4,815$3,527$2,550$1,824$1,185
28 years$6,174$4,537$3,279$2,337$1,646$1,049
29 years$5,897$4,280$3,052$2,143$1,486$928
30 years$5,639$4,042$2,842$1,967$1,343$822
31 years$5,398$3,821$2,650$1,806$1,214$728
32 years$5,172$3,616$2,472$1,660$1,098$645
33 years$4,961$3,424$2,309$1,526$994$572
34 years$4,762$3,245$2,157$1,404$900$507
35 years$4,575$3,078$2,017$1,293$815$450
36 years$4,399$2,922$1,886$1,191$738$399
37 years$4,233$2,775$1,766$1,097$669$354
38 years$4,076$2,637$1,654$1,011$607$315
39 years$3,928$2,508$1,549$932$550$279
40 years$3,787$2,386$1,452$860$499$248
41 years$3,653$2,271$1,362$793$453$220
42 years$3,527$2,163$1,277$732$411$196
43 years$3,406$2,061$1,198$676$373$174
44 years$3,291$1,964$1,125$624$338$154
45 years$3,182$1,873$1,056$576$307$137
46 years$3,077$1,787$992$532$279$122
47 years$2,978$1,705$932$492$253$108
48 years$2,883$1,628$876$455$230$96
49 years$2,792$1,555$823$420$209$85
50 years$2,704$1,485$774$388$190$76

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,770,000, adding $2,199 every year, while hoping to spend $55,427 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: 45/39/16 Blend
29$2,770,000$2,770,000$2,770,000$2,770,000
30$3,054,808$2,907,998$2,865,063$3,178,178
31$3,307,425$2,991,516$2,902,069$3,348,047
32$3,583,951$3,077,269$2,938,457$3,526,407
33$3,886,766$3,165,307$2,974,147$3,718,627
34$4,218,492$3,255,683$3,009,057$3,926,015
35$4,582,015$3,348,448$3,043,097$4,150,009
36$4,980,514$3,443,656$3,076,175$4,392,193
37$5,417,491$3,541,360$3,108,191$4,654,309
38$5,896,802$3,641,614$3,139,042$4,938,273
39$6,422,694$3,744,471$3,168,619$5,246,196
40$6,999,847$3,849,989$3,196,806$5,580,403
41$7,633,414$3,958,220$3,223,481$5,943,451
42$8,329,071$4,069,222$3,248,517$6,338,158
43$9,093,072$4,183,050$3,271,778$6,767,625
44$9,932,307$4,299,760$3,293,124$7,235,267
45$10,854,363$4,419,409$3,312,404$7,744,848
46$11,867,600$4,542,053$3,329,462$8,300,511
47$12,981,231$4,667,749$3,344,134$8,906,817
48$14,205,400$4,796,552$3,356,246$9,568,795
49$15,551,287$4,928,519$3,365,617$10,291,980
50$17,031,208$5,063,706$3,372,055$11,082,473
51$18,658,732$5,202,169$3,375,359$11,946,990
52$20,448,809$5,343,962$3,375,321$12,892,935
53$22,417,911$5,489,140$3,371,717$13,928,462
54$24,584,186$5,637,756$3,364,318$15,062,553
55$26,967,631$5,789,863$3,352,880$16,305,107
56$29,590,276$5,945,513$3,337,148$17,667,029
57$32,476,397$6,104,756$3,316,856$19,160,332
58$35,652,742$6,267,642$3,291,723$20,798,257
59$39,148,782$6,434,217$3,261,456$22,595,387
60$42,996,991$6,604,527$3,225,749$24,567,797
61$47,233,151$6,778,616$3,184,278$26,733,194
62$51,896,690$6,956,524$3,136,708$29,111,092
63$57,031,050$7,138,292$3,082,686$31,722,994
64$62,684,104$7,323,955$3,021,843$34,592,591
65$68,908,599$7,513,546$2,953,791$37,745,992
66$75,762,661$7,707,094$2,878,128$41,211,967
67$83,310,336$7,904,626$2,794,429$45,022,219
68$91,622,201$8,106,163$2,702,253$49,211,680
69$100,776,023$8,311,723$2,601,136$53,818,848
70$110,857,499$8,521,318$2,490,595$58,886,146
71$121,961,058$8,734,957$2,370,125$64,460,320
72$134,190,757$8,952,642$2,239,195$70,592,886
73$147,661,261$9,174,367$2,097,254$77,340,614
74$162,498,921$9,400,123$1,943,724$84,766,062
75$178,842,974$9,629,892$1,778,002$92,938,170
76$196,846,849$9,863,648$1,599,456$101,932,911
77$216,679,618$10,101,357$1,407,429$111,834,005
78$238,527,593$10,342,978$1,201,232$122,733,713
79$262,596,081$10,588,458$980,147$134,733,707
80$289,111,324$10,837,734$743,424$147,946,032
81$318,322,630$11,090,734$490,280$162,494,161
82$350,504,730$11,347,372$219,896$178,514,164
83$385,960,371$11,607,551$0$196,155,991
84$425,023,167$11,871,160$0$215,596,612
85$468,060,757$12,138,074$0$237,047,236
86$515,478,265$12,408,150$0$260,671,128
87$567,722,131$12,681,233$0$286,689,610
88$625,284,322$12,957,147$0$315,346,578
89$688,706,974$13,235,698$0$346,910,795
90$758,587,512$13,516,673$0$381,678,437
91$835,584,286$13,799,838$0$419,975,883
92$920,422,787$14,084,934$0$462,162,797
93$1,013,902,496$14,371,681$0$508,635,526
94$1,116,904,428$14,659,771$0$559,830,837
95$1,230,399,449$14,948,869$0$616,230,046
96$1,355,457,441$15,238,612$0$678,363,557
97$1,493,257,402$15,528,606$0$746,815,872
98$1,645,098,573$15,818,423$0$822,231,109
99$1,812,412,705$16,107,603$0$905,319,084
100$1,996,777,571$16,395,646$0$996,862,008