Can I retire at age 30 with 2,780,000?

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 $2,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$229,570$227,525$225,530$223,583$221,681$213,307
2 years$113,648$111,532$109,481$107,492$105,562$97,223
3 years$75,013$72,887$70,841$68,871$66,973$58,931
4 years$55,699$53,580$51,554$49,618$47,766$40,081
5 years$44,114$42,007$40,008$38,111$36,311$29,004
6 years$36,393$34,302$32,333$30,478$28,732$21,808
7 years$30,880$28,807$26,869$25,057$23,366$16,824
8 years$26,747$24,693$22,787$21,020$19,385$13,218
9 years$23,534$21,500$19,626$17,904$16,325$10,524
10 years$20,966$18,951$17,110$15,434$13,909$8,464
11 years$18,866$16,871$15,064$13,432$11,963$6,861
12 years$17,117$15,142$13,369$11,782$10,367$5,595
13 years$15,638$13,684$11,944$10,401$9,040$4,586
14 years$14,372$12,439$10,732$9,233$7,924$3,773
15 years$13,275$11,363$9,689$8,234$6,977$3,113
16 years$12,316$10,425$8,785$7,373$6,166$2,576
17 years$11,472$9,601$7,994$6,625$5,468$2,136
18 years$10,721$8,872$7,297$5,970$4,862$1,774
19 years$10,051$8,222$6,680$5,395$4,333$1,476
20 years$9,448$7,641$6,131$4,886$3,870$1,229
21 years$8,904$7,117$5,639$4,434$3,464$1,024
22 years$8,409$6,643$5,197$4,032$3,105$854
23 years$7,959$6,213$4,799$3,672$2,787$713
24 years$7,546$5,822$4,438$3,349$2,505$596
25 years$7,167$5,463$4,111$3,058$2,254$498
26 years$6,818$5,135$3,812$2,796$2,030$416
27 years$6,495$4,832$3,540$2,560$1,831$348
28 years$6,196$4,553$3,291$2,345$1,652$291
29 years$5,918$4,296$3,063$2,151$1,491$243
30 years$5,659$4,057$2,853$1,974$1,348$204
31 years$5,417$3,835$2,659$1,813$1,218$170
32 years$5,191$3,629$2,481$1,666$1,102$143
33 years$4,979$3,436$2,317$1,532$997$119
34 years$4,779$3,257$2,165$1,409$903$100
35 years$4,592$3,089$2,024$1,298$818$84
36 years$4,415$2,932$1,893$1,195$741$70
37 years$4,249$2,785$1,772$1,101$672$59
38 years$4,091$2,647$1,659$1,015$609$49
39 years$3,942$2,517$1,555$936$552$41
40 years$3,801$2,394$1,457$863$501$34
41 years$3,667$2,279$1,366$796$454$29
42 years$3,539$2,171$1,282$735$412$24
43 years$3,418$2,068$1,203$678$374$20
44 years$3,303$1,971$1,129$626$340$17
45 years$3,193$1,880$1,060$578$308$14
46 years$3,088$1,793$996$534$280$12
47 years$2,989$1,711$935$494$254$10
48 years$2,893$1,634$879$456$231$8
49 years$2,802$1,560$826$422$210$7
50 years$2,714$1,490$777$390$190$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,780,000, adding $3,873 every year, while hoping to spend $50,544 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: 28/44/28 Blend
29$2,780,000$2,780,000$2,780,000$2,780,000
30$3,067,555$2,920,215$2,877,125$3,126,724
31$3,326,667$3,009,527$2,919,730$3,263,665
32$3,610,515$3,101,521$2,962,069$3,406,063
33$3,921,567$3,196,276$3,004,078$3,558,037
34$4,262,545$3,293,872$3,045,693$3,720,445
35$4,636,443$3,394,390$3,086,842$3,894,228
36$5,046,561$3,497,916$3,127,452$4,080,423
37$5,496,533$3,604,536$3,167,444$4,280,169
38$5,990,362$3,714,340$3,206,736$4,494,718
39$6,532,456$3,827,421$3,245,239$4,725,447
40$7,127,673$3,943,870$3,282,860$4,973,872
41$7,781,362$4,063,787$3,319,503$5,241,660
42$8,499,418$4,187,269$3,355,063$5,530,645
43$9,288,333$4,314,420$3,389,432$5,842,848
44$10,155,259$4,445,342$3,422,494$6,180,489
45$11,108,076$4,580,145$3,454,129$6,546,015
46$12,155,466$4,718,938$3,484,208$6,942,119
47$13,306,992$4,861,835$3,512,597$7,371,765
48$14,573,191$5,008,951$3,539,156$7,838,217
49$15,965,672$5,160,405$3,563,733$8,345,070
50$17,497,226$5,316,320$3,586,174$8,896,280
51$19,181,945$5,476,822$3,606,312$9,496,207
52$21,035,355$5,642,038$3,623,975$10,149,652
53$23,074,564$5,812,100$3,638,981$10,861,900
54$25,318,421$5,987,144$3,651,138$11,638,775
55$27,787,694$6,167,308$3,660,245$12,486,691
56$30,505,266$6,352,734$3,666,091$13,412,714
57$33,496,353$6,543,568$3,668,455$14,424,628
58$36,788,737$6,739,958$3,667,104$15,531,007
59$40,413,030$6,942,058$3,661,793$16,741,296
60$44,402,963$7,150,023$3,652,268$18,065,902
61$48,795,706$7,364,015$3,638,260$19,516,291
62$53,632,214$7,584,197$3,619,487$21,105,094
63$58,957,614$7,810,738$3,595,654$22,846,228
64$64,821,635$8,043,808$3,566,453$24,755,029
65$71,279,072$8,283,585$3,531,560$26,848,390
66$78,390,305$8,530,249$3,490,635$29,144,928
67$86,221,868$8,783,983$3,443,323$31,665,156
68$94,847,077$9,044,976$3,389,252$34,431,675
69$104,346,720$9,313,421$3,328,033$37,469,391
70$114,809,822$9,589,515$3,259,259$40,805,745
71$126,334,482$9,873,459$3,182,502$44,470,977
72$139,028,800$10,165,460$3,097,317$48,498,409
73$153,011,897$10,465,726$3,003,236$52,924,759
74$168,415,037$10,774,474$2,899,772$57,790,488
75$185,382,870$11,091,922$2,786,413$63,140,183
76$204,074,791$11,418,295$2,662,626$69,022,976
77$224,666,448$11,753,819$2,527,852$75,493,008
78$247,351,399$12,098,730$2,381,509$82,609,945
79$272,342,938$12,453,264$2,222,985$90,439,532
80$299,876,107$12,817,663$2,051,645$99,054,223
81$330,209,916$13,192,175$1,866,821$108,533,859
82$363,629,787$13,577,051$1,667,819$118,966,426
83$400,450,247$13,972,548$1,453,912$130,448,882
84$441,017,895$14,378,926$1,224,341$143,088,076
85$485,714,677$14,796,450$978,314$157,001,754
86$534,961,490$15,225,392$715,003$172,319,674
87$589,222,150$15,666,025$433,544$189,184,828
88$649,007,778$16,118,628$133,036$207,754,796
89$714,881,616$16,583,486$0$228,203,232
90$787,464,350$17,060,885$0$250,777,568
91$867,439,963$17,551,119$0$275,678,688
92$955,562,199$18,054,482$0$303,099,514
93$1,052,661,668$18,571,277$0$333,296,476
94$1,159,653,695$19,101,806$0$366,552,143
95$1,277,546,955$19,646,378$0$403,177,892
96$1,407,452,999$20,205,305$0$443,516,845
97$1,550,596,741$20,778,901$0$487,947,103
98$1,708,328,026$21,367,485$0$536,885,319
99$1,882,134,370$21,971,377$0$590,790,627
100$2,073,655,003$22,590,902$0$650,168,973