Can I retire at age 30 with 3,600,000?

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 $3,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$297,285$294,637$292,053$289,531$287,069$280,471
2 years$147,171$144,430$141,773$139,198$136,700$130,089
3 years$97,139$94,386$91,737$89,185$86,728$80,310
4 years$72,128$69,384$66,761$64,253$61,855$55,681
5 years$57,126$54,398$51,809$49,352$47,021$41,107
6 years$47,127$44,420$41,869$39,468$37,206$31,559
7 years$39,988$37,304$34,794$32,448$30,259$24,878
8 years$34,637$31,976$29,508$27,220$25,102$19,987
9 years$30,476$27,841$25,415$23,186$21,140$16,286
10 years$27,150$24,541$22,157$19,986$18,012$13,415
11 years$24,430$21,847$19,507$17,394$15,491$11,143
12 years$22,165$19,609$17,312$15,257$13,424$9,319
13 years$20,251$17,721$15,467$13,470$11,706$7,836
14 years$18,611$16,107$13,897$11,957$10,262$6,619
15 years$17,191$14,714$12,547$10,663$9,035$5,611
16 years$15,949$13,500$11,376$9,548$7,985$4,771
17 years$14,855$12,433$10,352$8,579$7,080$4,068
18 years$13,884$11,489$9,450$7,731$6,295$3,475
19 years$13,016$10,648$8,651$6,986$5,611$2,974
20 years$12,235$9,894$7,939$6,327$5,012$2,549
21 years$11,530$9,216$7,303$5,742$4,485$2,188
22 years$10,890$8,603$6,731$5,221$4,020$1,880
23 years$10,306$8,046$6,214$4,755$3,609$1,617
24 years$9,772$7,539$5,747$4,337$3,244$1,392
25 years$9,281$7,075$5,323$3,960$2,919$1,199
26 years$8,829$6,649$4,937$3,621$2,629$1,033
27 years$8,411$6,258$4,584$3,315$2,371$891
28 years$8,024$5,897$4,262$3,037$2,139$769
29 years$7,664$5,563$3,966$2,785$1,931$663
30 years$7,328$5,253$3,694$2,556$1,745$573
31 years$7,015$4,966$3,444$2,347$1,578$495
32 years$6,722$4,699$3,213$2,157$1,427$427
33 years$6,447$4,450$3,000$1,984$1,292$369
34 years$6,189$4,218$2,803$1,825$1,169$319
35 years$5,946$4,000$2,621$1,680$1,059$276
36 years$5,718$3,797$2,452$1,547$960$238
37 years$5,502$3,606$2,295$1,426$870$206
38 years$5,298$3,427$2,149$1,314$789$178
39 years$5,105$3,259$2,013$1,212$715$154
40 years$4,922$3,101$1,887$1,118$649$133
41 years$4,748$2,951$1,770$1,031$588$115
42 years$4,583$2,811$1,660$952$534$99
43 years$4,427$2,678$1,558$878$485$86
44 years$4,277$2,553$1,462$811$440$74
45 years$4,135$2,434$1,373$749$399$64
46 years$3,999$2,322$1,289$692$363$56
47 years$3,870$2,216$1,211$639$329$48
48 years$3,746$2,116$1,138$591$299$42
49 years$3,628$2,020$1,070$546$272$36
50 years$3,515$1,930$1,006$505$247$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $3,600,000, adding $6,153 every year, while hoping to spend $49,811 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: 59/26/15 Blend
29$3,600,000$3,600,000$3,600,000$3,600,000
30$3,973,547$3,782,747$3,726,947$4,192,502
31$4,325,850$3,915,103$3,798,801$4,473,426
32$4,712,419$4,052,275$3,871,393$4,773,562
33$5,136,696$4,194,446$3,944,695$5,099,692
34$5,602,472$4,341,808$4,018,676$5,454,329
35$6,113,926$4,494,558$4,093,303$5,840,239
36$6,675,658$4,652,903$4,168,540$6,260,464
37$7,292,737$4,817,057$4,244,348$6,718,352
38$7,970,747$4,987,244$4,320,685$7,217,588
39$8,715,840$5,163,696$4,397,504$7,762,229
40$9,534,793$5,346,654$4,474,758$8,356,739
41$10,435,072$5,536,371$4,552,393$9,006,033
42$11,424,904$5,733,107$4,630,352$9,715,522
43$12,513,350$5,937,135$4,708,574$10,491,164
44$13,710,395$6,148,738$4,786,995$11,339,517
45$15,027,040$6,368,211$4,865,544$12,267,805
46$16,475,406$6,595,861$4,944,148$13,283,979
47$18,068,847$6,832,008$5,022,726$14,396,798
48$19,822,076$7,076,983$5,101,195$15,615,906
49$21,751,307$7,331,134$5,179,464$16,951,924
50$23,874,402$7,594,821$5,257,437$18,416,551
51$26,211,043$7,868,420$5,335,013$20,022,670
52$28,782,916$8,152,320$5,412,084$21,784,472
53$31,613,920$8,446,929$5,488,534$23,717,587
54$34,730,382$8,752,671$5,564,243$25,839,230
55$38,161,317$9,069,988$5,639,081$28,168,368
56$41,938,692$9,399,338$5,712,911$30,725,888
57$46,097,735$9,741,202$5,785,590$33,534,805
58$50,677,262$10,096,079$5,856,965$36,620,466
59$55,720,043$10,464,487$5,926,873$40,010,799
60$61,273,209$10,846,969$5,995,146$43,736,569
61$67,388,694$11,244,088$6,061,601$47,831,668
62$74,123,726$11,656,434$6,126,050$52,333,435
63$81,541,365$12,084,618$6,188,291$57,283,008
64$89,711,099$12,529,279$6,248,114$62,725,707
65$98,709,500$12,991,082$6,305,295$68,711,467
66$108,620,946$13,470,722$6,359,599$75,295,300
67$119,538,417$13,968,922$6,410,779$82,537,819
68$131,564,370$14,486,434$6,458,575$90,505,807
69$144,811,711$15,024,045$6,502,713$99,272,844
70$159,404,857$15,582,573$6,542,905$108,920,001
71$175,480,907$16,162,874$6,578,847$119,536,607
72$193,190,941$16,765,837$6,610,221$131,221,083
73$212,701,446$17,392,392$6,636,691$144,081,877
74$234,195,880$18,043,506$6,657,907$158,238,481
75$257,876,412$18,720,189$6,673,499$173,822,558
76$283,965,823$19,423,495$6,683,078$190,979,186
77$312,709,613$20,154,523$6,686,238$209,868,219
78$344,378,317$20,914,419$6,682,550$230,665,802
79$379,270,058$21,704,377$6,671,568$253,566,023
80$417,713,358$22,525,646$6,652,820$278,782,751
81$460,070,244$23,379,526$6,625,813$306,551,646
82$506,739,661$24,267,375$6,590,030$337,132,386
83$558,161,240$25,190,610$6,544,929$370,811,113
84$614,819,445$26,150,709$6,489,943$407,903,130
85$677,248,149$27,149,213$6,424,476$448,755,881
86$746,035,669$28,187,734$6,347,905$493,752,221
87$821,830,325$29,267,951$6,259,578$543,314,033
88$905,346,555$30,391,617$6,158,811$597,906,202
89$997,371,661$31,560,564$6,044,888$658,041,005
90$1,098,773,240$32,776,701$5,917,062$724,282,943
91$1,210,507,375$34,042,024$5,774,547$797,254,064
92$1,333,627,658$35,358,614$5,616,526$877,639,836
93$1,469,295,139$36,728,646$5,442,139$966,195,610
94$1,618,789,283$38,154,390$5,250,491$1,063,753,750
95$1,783,520,050$39,638,215$5,040,642$1,171,231,485
96$1,965,041,205$41,182,597$4,811,613$1,289,639,566
97$2,165,064,983$42,790,119$4,562,378$1,420,091,801
98$2,385,478,259$44,463,483$4,291,865$1,563,815,569
99$2,628,360,353$46,205,505$3,998,954$1,722,163,399
100$2,896,002,665$48,019,131$3,682,475$1,896,625,736