Can I retire at age 30 with 3,700,000?

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 $3,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$305,543$302,821$300,166$297,574$295,043$292,205
2 years$151,259$148,442$145,711$143,064$140,497$137,638
3 years$99,837$97,008$94,285$91,663$89,137$86,346
4 years$74,132$71,311$68,615$66,038$63,573$60,871
5 years$58,713$55,909$53,248$50,723$48,327$45,723
6 years$48,436$45,654$43,033$40,564$38,240$35,735
7 years$41,099$38,340$35,760$33,350$31,099$28,696
8 years$35,599$32,864$30,328$27,976$25,800$23,498
9 years$31,323$28,614$26,121$23,830$21,727$19,526
10 years$27,904$25,222$22,773$20,541$18,513$16,411
11 years$25,109$22,454$20,049$17,877$15,921$13,918
12 years$22,781$20,153$17,793$15,681$13,797$11,889
13 years$20,813$18,213$15,897$13,844$12,031$10,217
14 years$19,128$16,555$14,283$12,289$10,547$8,823
15 years$17,668$15,123$12,896$10,960$9,286$7,651
16 years$16,392$13,875$11,692$9,813$8,207$6,658
17 years$15,268$12,779$10,639$8,817$7,277$5,811
18 years$14,269$11,808$9,712$7,946$6,470$5,084
19 years$13,377$10,944$8,891$7,180$5,767$4,458
20 years$12,575$10,169$8,160$6,503$5,151$3,917
21 years$11,850$9,472$7,506$5,902$4,610$3,447
22 years$11,192$8,842$6,917$5,366$4,132$3,037
23 years$10,593$8,270$6,387$4,887$3,709$2,680
24 years$10,044$7,748$5,907$4,457$3,334$2,367
25 years$9,539$7,271$5,471$4,070$3,000$2,093
26 years$9,074$6,834$5,074$3,722$2,702$1,852
27 years$8,645$6,431$4,712$3,407$2,436$1,640
28 years$8,246$6,060$4,380$3,121$2,198$1,453
29 years$7,876$5,717$4,076$2,862$1,985$1,288
30 years$7,532$5,399$3,797$2,627$1,794$1,142
31 years$7,210$5,104$3,540$2,413$1,622$1,014
32 years$6,909$4,830$3,303$2,217$1,467$900
33 years$6,626$4,574$3,084$2,039$1,328$799
34 years$6,361$4,335$2,881$1,876$1,202$710
35 years$6,112$4,111$2,694$1,727$1,089$631
36 years$5,876$3,902$2,520$1,590$986$561
37 years$5,655$3,706$2,359$1,465$894$498
38 years$5,445$3,522$2,209$1,351$810$443
39 years$5,247$3,349$2,069$1,245$735$394
40 years$5,058$3,187$1,940$1,149$667$350
41 years$4,880$3,033$1,819$1,060$605$312
42 years$4,711$2,889$1,706$978$549$277
43 years$4,550$2,753$1,601$903$498$247
44 years$4,396$2,624$1,503$834$452$220
45 years$4,250$2,502$1,411$770$410$195
46 years$4,111$2,387$1,325$711$373$174
47 years$3,978$2,278$1,245$657$338$155
48 years$3,850$2,174$1,170$607$307$138
49 years$3,729$2,076$1,100$561$279$123
50 years$3,612$1,984$1,034$519$253$109

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $3,700,000, adding $2,823 every year, while hoping to spend $42,776 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: 43/48/9 Blend
29$3,700,000$3,700,000$3,700,000$3,700,000
30$4,080,312$3,884,212$3,826,862$4,245,026
31$4,450,990$4,029,025$3,909,548$4,504,692
32$4,858,044$4,179,500$3,993,571$4,781,262
33$5,305,139$4,335,870$4,078,930$5,079,901
34$5,796,312$4,498,376$4,165,623$5,402,645
35$6,336,011$4,667,272$4,253,647$5,751,727
36$6,929,137$4,842,821$4,342,996$6,129,603
37$7,581,087$5,025,297$4,433,665$6,538,968
38$8,297,809$5,214,988$4,525,644$6,982,784
39$9,085,855$5,412,192$4,618,923$7,464,305
40$9,952,445$5,617,222$4,713,489$7,987,110
41$10,905,531$5,830,403$4,809,328$8,555,128
42$11,953,878$6,052,075$4,906,423$9,172,683
43$13,107,139$6,282,592$5,004,754$9,844,526
44$14,375,953$6,522,325$5,104,299$10,575,882
45$15,772,040$6,771,659$5,205,033$11,372,497
46$17,308,315$7,030,997$5,306,928$12,240,692
47$18,999,007$7,300,760$5,409,954$13,187,418
48$20,859,795$7,581,386$5,514,077$14,220,322
49$22,907,955$7,873,335$5,619,259$15,347,819
50$25,162,521$8,177,083$5,725,458$16,579,166
51$27,644,468$8,493,130$5,832,631$17,924,548
52$30,376,908$8,821,998$5,940,729$19,395,176
53$33,385,307$9,164,230$6,049,698$21,003,386
54$36,697,727$9,520,395$6,159,481$22,762,757
55$40,345,087$9,891,087$6,270,016$24,688,233
56$44,361,460$10,276,925$6,381,236$26,796,266
57$48,784,391$10,678,555$6,493,069$29,104,966
58$53,655,249$11,096,655$6,605,437$31,634,271
59$59,019,622$11,531,929$6,718,257$34,406,129
60$64,927,746$11,985,115$6,831,440$37,444,709
61$71,434,973$12,456,983$6,944,891$40,776,619
62$78,602,302$12,948,338$7,058,507$44,431,161
63$86,496,950$13,460,019$7,172,179$48,440,597
64$95,192,983$13,992,905$7,285,792$52,840,458
65$104,772,023$14,547,912$7,399,221$57,669,871
66$115,324,009$15,125,999$7,512,335$62,971,924
67$126,948,053$15,728,168$7,624,993$68,794,075
68$139,753,370$16,355,465$7,737,046$75,188,590
69$153,860,313$17,008,982$7,848,337$82,213,035
70$169,401,506$17,689,863$7,958,697$89,930,815
71$186,523,095$18,399,301$8,067,948$98,411,768
72$205,386,129$19,138,545$8,175,903$107,732,819
73$226,168,079$19,908,898$8,282,360$117,978,705
74$249,064,513$20,711,725$8,387,110$129,242,763
75$274,290,944$21,548,450$8,489,929$141,627,814
76$302,084,859$22,420,563$8,590,580$155,247,122
77$332,707,965$23,329,621$8,688,815$170,225,460
78$366,448,657$24,277,252$8,784,370$186,700,284
79$403,624,740$25,265,157$8,876,966$204,823,020
80$444,586,431$26,295,118$8,966,312$224,760,490
81$489,719,662$27,368,993$9,052,098$246,696,481
82$539,449,722$28,488,729$9,133,999$270,833,471
83$594,245,277$29,656,359$9,211,670$297,394,533
84$654,622,786$30,874,012$9,284,752$326,625,435
85$721,151,382$32,143,910$9,352,864$358,796,953
86$794,458,243$33,468,382$9,415,605$394,207,415
87$875,234,511$34,849,859$9,472,554$433,185,511
88$964,241,816$36,290,887$9,523,269$476,093,390
89$1,062,319,467$37,794,127$9,567,285$523,330,062
90$1,170,392,376$39,362,363$9,604,113$575,335,164
91$1,289,479,786$40,998,506$9,633,238$632,593,094
92$1,420,704,895$42,705,604$9,654,122$695,637,573
93$1,565,305,457$44,486,841$9,666,198$765,056,676
94$1,724,645,469$46,345,552$9,668,872$841,498,371
95$1,900,228,047$48,285,224$9,661,518$925,676,623
96$2,093,709,613$50,309,504$9,643,484$1,018,378,121
97$2,306,915,535$52,422,212$9,614,082$1,120,469,692
98$2,541,857,358$54,627,339$9,572,593$1,232,906,473
99$2,800,751,796$56,929,066$9,518,262$1,356,740,909
100$3,086,041,653$59,331,764$9,450,298$1,493,132,677