Can I retire at age 30 with 3,300,000?

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 $3,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$272,511$270,084$267,715$265,404$263,147$254,012
2 years$134,906$132,394$129,959$127,598$125,308$116,200
3 years$89,044$86,521$84,092$81,753$79,500$70,704
4 years$66,118$63,602$61,197$58,899$56,700$48,284
5 years$52,365$49,865$47,492$45,240$43,103$35,088
6 years$43,200$40,718$38,380$36,179$34,106$26,499
7 years$36,656$34,195$31,894$29,744$27,737$20,536
8 years$31,750$29,312$27,049$24,952$23,011$16,211
9 years$27,937$25,521$23,297$21,253$19,378$12,970
10 years$24,887$22,496$20,311$18,321$16,511$10,485
11 years$22,394$20,026$17,881$15,944$14,200$8,543
12 years$20,318$17,975$15,869$13,985$12,306$7,005
13 years$18,563$16,244$14,178$12,347$10,731$5,772
14 years$17,060$14,765$12,739$10,960$9,406$4,775
15 years$15,758$13,488$11,502$9,775$8,282$3,964
16 years$14,620$12,375$10,428$8,752$7,320$3,299
17 years$13,617$11,397$9,489$7,864$6,490$2,751
18 years$12,727$10,531$8,662$7,087$5,771$2,299
19 years$11,931$9,760$7,930$6,404$5,144$1,923
20 years$11,216$9,070$7,278$5,800$4,594$1,612
21 years$10,569$8,448$6,694$5,264$4,112$1,352
22 years$9,982$7,886$6,170$4,786$3,685$1,135
23 years$9,447$7,376$5,697$4,359$3,308$953
24 years$8,958$6,911$5,268$3,975$2,973$801
25 years$8,508$6,485$4,880$3,630$2,676$674
26 years$8,093$6,095$4,526$3,319$2,410$567
27 years$7,710$5,736$4,202$3,038$2,173$477
28 years$7,355$5,405$3,907$2,784$1,961$401
29 years$7,025$5,099$3,635$2,553$1,770$338
30 years$6,717$4,816$3,386$2,343$1,600$285
31 years$6,430$4,552$3,157$2,152$1,446$240
32 years$6,162$4,307$2,945$1,977$1,308$202
33 years$5,910$4,079$2,750$1,818$1,184$170
34 years$5,673$3,866$2,570$1,673$1,072$143
35 years$5,451$3,667$2,402$1,540$971$121
36 years$5,241$3,481$2,247$1,418$880$102
37 years$5,043$3,306$2,104$1,307$797$86
38 years$4,856$3,142$1,970$1,205$723$72
39 years$4,679$2,987$1,846$1,111$655$61
40 years$4,512$2,842$1,730$1,025$595$51
41 years$4,353$2,706$1,622$945$539$43
42 years$4,201$2,577$1,522$872$489$37
43 years$4,058$2,455$1,428$805$444$31
44 years$3,921$2,340$1,340$744$403$26
45 years$3,791$2,232$1,258$687$366$22
46 years$3,666$2,129$1,182$634$332$18
47 years$3,548$2,032$1,110$586$302$16
48 years$3,434$1,939$1,043$541$274$13
49 years$3,326$1,852$981$500$249$11
50 years$3,222$1,769$922$463$226$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $3,300,000, adding $6,124 every year, while hoping to spend $21,538 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: 51/20/29 Blend
29$3,300,000$3,300,000$3,300,000$3,300,000
30$3,642,917$3,468,017$3,416,867$3,798,616
31$3,991,578$3,615,033$3,508,416$4,054,945
32$4,375,081$3,768,532$3,602,309$4,330,878
33$4,796,957$3,928,807$3,698,604$4,630,521
34$5,261,095$4,096,168$3,797,357$4,956,141
35$5,771,784$4,270,937$3,898,625$5,310,233
36$6,333,746$4,453,453$4,002,469$5,695,540
37$6,952,185$4,644,069$4,108,948$6,115,080
38$7,632,835$4,843,156$4,218,125$6,572,172
39$8,382,014$5,051,101$4,330,063$7,070,466
40$9,206,685$5,268,310$4,444,825$7,613,981
41$10,114,518$5,495,208$4,562,478$8,207,135
42$11,113,965$5,732,240$4,683,088$8,854,792
43$12,214,341$5,979,871$4,806,722$9,562,306
44$13,425,908$6,238,589$4,933,451$10,335,568
45$14,759,974$6,508,903$5,063,346$11,181,060
46$16,229,001$6,791,349$5,196,477$12,105,921
47$17,846,719$7,086,485$5,332,919$13,118,006
48$19,628,258$7,394,897$5,472,746$14,225,964
49$21,590,292$7,717,198$5,616,034$15,439,318
50$23,751,191$8,054,030$5,762,861$16,768,551
51$26,131,201$8,406,066$5,913,305$18,225,205
52$28,752,630$8,774,009$6,067,447$19,821,989
53$31,640,059$9,158,597$6,225,368$21,572,899
54$34,820,579$9,560,602$6,387,151$23,493,346
55$38,324,038$9,980,831$6,552,881$25,600,302
56$42,183,331$10,420,133$6,722,643$27,912,456
57$46,434,704$10,879,392$6,896,525$30,450,392
58$51,118,100$11,359,539$7,074,615$33,236,781
59$56,277,535$11,861,545$7,257,003$36,296,591
60$61,961,512$12,386,429$7,443,781$39,657,324
61$68,223,480$12,935,259$7,635,042$43,349,271
62$75,122,339$13,509,150$7,830,879$47,405,796
63$82,722,993$14,109,274$8,031,389$51,863,653
64$91,096,966$14,736,857$8,236,669$56,763,325
65$100,323,076$15,393,182$8,446,817$62,149,408
66$110,488,177$16,079,595$8,661,933$68,071,029
67$121,687,981$16,797,505$8,882,117$74,582,306
68$134,027,961$17,548,388$9,107,474$81,742,857
69$147,624,344$18,333,791$9,338,105$89,618,360
70$162,605,212$19,155,332$9,574,117$98,281,171
71$179,111,710$20,014,709$9,815,616$107,811,004
72$197,299,374$20,913,699$10,062,709$118,295,679
73$217,339,605$21,854,166$10,315,505$129,831,951
74$239,421,285$22,838,060$10,574,114$142,526,417
75$263,752,556$23,867,425$10,838,647$156,496,519
76$290,562,792$24,944,404$11,109,217$171,871,654
77$320,104,757$26,071,240$11,385,936$188,794,385
78$352,656,997$27,250,285$11,668,919$207,421,787
79$388,526,463$28,484,002$11,958,281$227,926,927
80$428,051,417$29,774,972$12,254,137$250,500,488
81$471,604,616$31,125,901$12,556,606$275,352,572
82$519,596,838$32,539,621$12,865,804$302,714,674
83$572,480,757$34,019,103$13,181,849$332,841,864
84$630,755,213$35,567,459$13,504,860$366,015,190
85$694,969,929$37,187,949$13,834,957$402,544,325
86$765,730,693$38,883,990$14,172,260$442,770,490
87$843,705,081$40,659,162$14,516,887$487,069,661
88$929,628,757$42,517,218$14,868,961$535,856,120
89$1,024,312,419$44,462,091$15,228,600$589,586,358
90$1,128,649,453$46,497,900$15,595,925$648,763,375
91$1,243,624,365$48,628,965$15,971,056$713,941,427
92$1,370,322,077$50,859,811$16,354,113$785,731,246
93$1,509,938,168$53,195,182$16,745,216$864,805,805
94$1,663,790,163$55,640,047$17,144,482$951,906,655
95$1,833,329,968$58,199,618$17,552,030$1,047,850,927
96$2,020,157,579$60,879,354$17,967,978$1,153,539,030
97$2,226,036,187$63,684,977$18,392,440$1,269,963,151
98$2,452,908,822$66,622,485$18,825,531$1,398,216,603
99$2,702,916,701$69,698,165$19,267,365$1,539,504,145
100$2,978,419,435$72,918,606$19,718,052$1,695,153,343