Can I retire at age 30 with 2,850,000?

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 $2,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$235,350$233,254$231,209$229,212$227,263$221,052
2 years$116,510$114,340$112,237$110,198$108,220$102,008
3 years$76,902$74,723$72,625$70,605$68,660$62,641
4 years$57,102$54,929$52,852$50,867$48,969$43,189
5 years$45,225$43,065$41,016$39,071$37,225$31,701
6 years$37,309$35,166$33,147$31,245$29,455$24,192
7 years$31,657$29,532$27,545$25,688$23,955$18,953
8 years$27,421$25,315$23,360$21,549$19,873$15,129
9 years$24,127$22,041$20,120$18,355$16,736$12,246
10 years$21,494$19,428$17,541$15,822$14,260$10,018
11 years$19,341$17,296$15,443$13,770$12,264$8,263
12 years$17,548$15,524$13,705$12,078$10,628$6,861
13 years$16,032$14,029$12,245$10,663$9,267$5,727
14 years$14,733$12,752$11,002$9,466$8,124$4,801
15 years$13,609$11,649$9,933$8,442$7,153$4,039
16 years$12,627$10,688$9,006$7,559$6,322$3,407
17 years$11,760$9,843$8,195$6,791$5,605$2,882
18 years$10,991$9,095$7,481$6,120$4,984$2,442
19 years$10,304$8,429$6,849$5,530$4,442$2,073
20 years$9,686$7,833$6,285$5,009$3,968$1,762
21 years$9,128$7,296$5,781$4,546$3,551$1,500
22 years$8,621$6,811$5,328$4,133$3,183$1,278
23 years$8,159$6,370$4,920$3,764$2,857$1,089
24 years$7,736$5,968$4,550$3,433$2,568$930
25 years$7,348$5,601$4,214$3,135$2,311$794
26 years$6,990$5,264$3,908$2,867$2,082$678
27 years$6,659$4,954$3,629$2,624$1,877$580
28 years$6,352$4,668$3,374$2,404$1,693$495
29 years$6,067$4,404$3,140$2,205$1,529$424
30 years$5,801$4,159$2,925$2,023$1,382$363
31 years$5,553$3,932$2,726$1,858$1,249$310
32 years$5,321$3,720$2,544$1,708$1,130$265
33 years$5,104$3,523$2,375$1,570$1,023$227
34 years$4,900$3,339$2,219$1,445$926$195
35 years$4,708$3,167$2,075$1,330$839$167
36 years$4,526$3,006$1,941$1,225$760$143
37 years$4,356$2,855$1,817$1,129$689$122
38 years$4,194$2,713$1,701$1,040$624$105
39 years$4,041$2,580$1,594$959$566$90
40 years$3,896$2,455$1,494$885$513$77
41 years$3,759$2,337$1,401$816$466$66
42 years$3,628$2,225$1,314$753$423$56
43 years$3,504$2,120$1,233$695$384$48
44 years$3,386$2,021$1,157$642$348$41
45 years$3,274$1,927$1,087$593$316$35
46 years$3,166$1,839$1,021$548$287$30
47 years$3,064$1,755$959$506$261$26
48 years$2,966$1,675$901$468$237$22
49 years$2,872$1,599$847$432$215$19
50 years$2,783$1,528$796$399$195$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,850,000, adding $2,594 every year, while hoping to spend $34,393 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: 44/46/10 Blend
29$2,850,000$2,850,000$2,850,000$2,850,000
30$3,143,376$2,992,326$2,948,151$3,272,579
31$3,427,406$3,102,356$3,010,320$3,472,598
32$3,739,255$3,216,625$3,073,419$3,685,549
33$4,081,723$3,335,304$3,137,443$3,915,574
34$4,457,897$3,458,571$3,202,385$4,164,253
35$4,871,175$3,586,614$3,268,238$4,433,325
36$5,325,303$3,719,626$3,334,992$4,724,697
37$5,824,406$3,857,810$3,402,636$5,040,467
38$6,373,029$4,001,376$3,471,157$5,382,940
39$6,976,179$4,150,544$3,540,542$5,754,647
40$7,639,373$4,305,545$3,610,774$6,158,374
41$8,368,689$4,466,616$3,681,835$6,597,180
42$9,170,823$4,634,009$3,753,705$7,074,431
43$10,053,154$4,807,982$3,826,361$7,593,828
44$11,023,810$4,988,807$3,899,778$8,159,442
45$12,091,747$5,176,768$3,973,930$8,775,748
46$13,266,835$5,372,159$4,048,786$9,447,671
47$14,559,947$5,575,289$4,124,315$10,180,629
48$15,983,062$5,786,479$4,200,480$10,980,582
49$17,549,383$6,006,065$4,277,244$11,854,090
50$19,273,453$6,234,395$4,354,565$12,808,370
51$21,171,301$6,471,836$4,432,399$13,851,364
52$23,260,586$6,718,768$4,510,696$14,991,815
53$25,560,766$6,975,589$4,589,406$16,239,344
54$28,093,285$7,242,714$4,668,471$17,604,543
55$30,881,768$7,520,575$4,747,833$19,099,070
56$33,952,250$7,809,625$4,827,427$20,735,761
57$37,333,419$8,110,335$4,907,185$22,528,747
58$41,056,884$8,423,198$4,987,033$24,493,585
59$45,157,481$8,748,729$5,066,892$26,647,406
60$49,673,590$9,087,464$5,146,680$29,009,071
61$54,647,510$9,439,963$5,226,307$31,599,350
62$60,125,847$9,806,811$5,305,679$34,441,115
63$66,159,959$10,188,621$5,384,695$37,559,553
64$72,806,440$10,586,029$5,463,248$40,982,403
65$80,127,655$10,999,703$5,541,225$44,740,214
66$88,192,326$11,430,338$5,618,505$48,866,630
67$97,076,179$11,878,660$5,694,961$53,398,710
68$106,862,665$12,345,430$5,770,458$58,377,269
69$117,643,741$12,831,441$5,844,853$63,847,262
70$129,520,741$13,337,520$5,917,994$69,858,209
71$142,605,331$13,864,533$5,989,721$76,464,657
72$157,020,564$14,413,384$6,059,866$83,726,689
73$172,902,040$14,985,018$6,128,249$91,710,493
74$190,399,185$15,580,421$6,194,683$100,488,981
75$209,676,665$16,200,625$6,258,968$110,142,472
76$230,915,936$16,846,706$6,320,895$120,759,449
77$254,316,959$17,519,792$6,380,242$132,437,391
78$280,100,085$18,221,058$6,436,776$145,283,685
79$308,508,138$18,951,735$6,490,253$159,416,639
80$339,808,705$19,713,106$6,540,413$174,966,596
81$374,296,660$20,506,516$6,586,984$192,077,154
82$412,296,953$21,333,369$6,629,681$210,906,523
83$454,167,669$22,195,131$6,668,203$231,629,008
84$500,303,416$23,093,337$6,702,232$254,436,655
85$551,139,044$24,029,590$6,731,437$279,541,055
86$607,153,754$25,005,567$6,755,467$307,175,334
87$668,875,618$26,023,021$6,773,956$337,596,354
88$736,886,565$27,083,784$6,786,518$371,087,124
89$811,827,877$28,189,771$6,792,749$407,959,472
90$894,406,237$29,342,987$6,792,223$448,556,979
91$985,400,406$30,545,525$6,784,494$493,258,214
92$1,085,668,568$31,799,577$6,769,096$542,480,304
93$1,196,156,439$33,107,433$6,745,538$596,682,862
94$1,317,906,188$34,471,489$6,713,305$656,372,318
95$1,452,066,277$35,894,251$6,671,859$722,106,694
96$1,599,902,306$37,378,337$6,620,635$794,500,858
97$1,762,808,955$38,926,490$6,559,040$874,232,327
98$1,942,323,157$40,541,576$6,486,456$962,047,646
99$2,140,138,598$42,226,593$6,402,232$1,058,769,433
100$2,358,121,717$43,984,678$6,305,689$1,165,304,128