Can I retire at age 30 with 3,800,000?

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 $3,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$313,800$311,005$308,278$305,616$303,017$293,788
2 years$155,347$152,454$149,650$146,931$144,294$135,075
3 years$102,536$99,630$96,833$94,140$91,546$82,626
4 years$76,135$73,239$70,470$67,823$65,291$56,739
5 years$60,299$57,420$54,687$52,094$49,633$41,472
6 years$49,745$46,888$44,196$41,660$39,273$31,510
7 years$42,210$39,376$36,727$34,251$31,940$24,574
8 years$36,561$33,753$31,147$28,732$26,497$19,524
9 years$32,169$29,388$26,827$24,474$22,314$15,727
10 years$28,658$25,904$23,388$21,097$19,013$12,801
11 years$25,787$23,061$20,591$18,360$16,352$10,505
12 years$23,397$20,698$18,274$16,104$14,170$8,676
13 years$21,376$18,705$16,326$14,218$12,357$7,203
14 years$19,645$17,002$14,669$12,621$10,832$6,005
15 years$18,146$15,532$13,244$11,256$9,537$5,023
16 years$16,835$14,250$12,008$10,078$8,429$4,214
17 years$15,681$13,124$10,927$9,055$7,474$3,543
18 years$14,655$12,127$9,975$8,161$6,645$2,985
19 years$13,739$11,239$9,131$7,374$5,923$2,518
20 years$12,915$10,444$8,380$6,678$5,291$2,128
21 years$12,171$9,728$7,708$6,061$4,734$1,800
22 years$11,495$9,081$7,104$5,511$4,244$1,524
23 years$10,879$8,493$6,560$5,019$3,809$1,291
24 years$10,315$7,958$6,067$4,578$3,424$1,095
25 years$9,797$7,468$5,619$4,180$3,081$929
26 years$9,320$7,019$5,211$3,822$2,775$788
27 years$8,878$6,605$4,839$3,499$2,502$669
28 years$8,469$6,224$4,499$3,206$2,258$569
29 years$8,089$5,872$4,186$2,940$2,039$483
30 years$7,735$5,545$3,899$2,698$1,842$411
31 years$7,405$5,242$3,635$2,478$1,665$349
32 years$7,095$4,960$3,392$2,277$1,507$297
33 years$6,805$4,697$3,167$2,094$1,363$252
34 years$6,533$4,452$2,959$1,927$1,234$215
35 years$6,277$4,223$2,766$1,774$1,118$183
36 years$6,035$4,008$2,588$1,633$1,013$155
37 years$5,807$3,807$2,422$1,505$918$132
38 years$5,592$3,618$2,268$1,387$832$112
39 years$5,388$3,440$2,125$1,279$755$96
40 years$5,195$3,273$1,992$1,180$685$81
41 years$5,012$3,115$1,868$1,088$621$69
42 years$4,838$2,967$1,752$1,005$564$59
43 years$4,672$2,827$1,644$927$512$50
44 years$4,515$2,695$1,543$856$464$43
45 years$4,365$2,570$1,449$791$421$36
46 years$4,222$2,451$1,361$730$383$31
47 years$4,085$2,339$1,279$675$348$26
48 years$3,954$2,233$1,202$624$316$22
49 years$3,830$2,133$1,129$576$287$19
50 years$3,710$2,037$1,062$533$260$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $3,800,000, adding $3,973 every year, while hoping to spend $23,109 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: 45/48/7 Blend
29$3,800,000$3,800,000$3,800,000$3,800,000
30$4,191,698$3,990,298$3,931,398$4,371,981
31$4,594,664$4,161,235$4,038,512$4,667,689
32$5,037,957$4,339,773$4,148,440$4,985,424
33$5,525,667$4,526,261$4,261,252$5,329,399
34$6,062,300$4,721,062$4,377,018$5,702,036
35$6,652,819$4,924,559$4,495,813$6,105,994
36$7,302,695$5,137,150$4,617,711$6,544,193
37$8,017,953$5,359,254$4,742,787$7,019,837
38$8,805,235$5,591,308$4,871,121$7,536,445
39$9,671,857$5,833,770$5,002,792$8,097,882
40$10,625,882$6,087,121$5,137,881$8,708,394
41$11,676,193$6,351,861$5,276,472$9,372,646
42$12,832,581$6,628,518$5,418,649$10,095,762
43$14,105,830$6,917,641$5,564,500$10,883,376
44$15,507,827$7,219,808$5,714,113$11,741,678
45$17,051,669$7,535,622$5,867,579$12,677,473
46$18,751,787$7,865,715$6,024,990$13,698,244
47$20,624,083$8,210,749$6,186,442$14,812,216
48$22,686,082$8,571,418$6,352,030$16,028,436
49$24,957,092$8,948,448$6,521,853$17,356,852
50$27,458,392$9,342,598$6,696,011$18,808,405
51$30,213,428$9,754,666$6,874,608$20,395,133
52$33,248,038$10,185,484$7,057,747$22,130,274
53$36,590,692$10,635,928$7,245,536$24,028,396
54$40,272,765$11,106,910$7,438,084$26,105,525
55$44,328,828$11,599,390$7,635,501$28,379,296
56$48,796,980$12,114,372$7,837,902$30,869,115
57$53,719,201$12,652,905$8,045,401$33,596,340
58$59,141,755$13,216,092$8,258,117$36,584,473
59$65,115,619$13,805,086$8,476,169$39,859,386
60$71,696,972$14,421,095$8,699,680$43,449,554
61$78,947,719$15,065,384$8,928,775$47,386,322
62$86,936,078$15,739,280$9,163,581$51,704,198
63$95,737,224$16,444,171$9,404,227$56,441,168
64$105,433,997$17,181,512$9,650,845$61,639,055
65$116,117,686$17,952,827$9,903,570$67,343,907
66$127,888,889$18,759,714$10,162,538$73,606,424
67$140,858,460$19,603,845$10,427,888$80,482,433
68$155,148,562$20,486,973$10,699,761$88,033,406
69$170,893,815$21,410,934$10,978,302$96,327,035
70$188,242,566$22,377,652$11,263,658$105,437,868
71$207,358,295$23,389,143$11,555,977$115,447,998
72$228,421,149$24,447,519$11,855,411$126,447,836
73$251,629,652$25,554,994$12,162,113$138,536,955
74$277,202,574$26,713,885$12,476,240$151,825,021
75$305,380,994$27,926,624$12,797,952$166,432,823
76$336,430,581$29,195,754$13,127,410$182,493,398
77$370,644,100$30,523,945$13,464,777$200,153,284
78$408,344,171$31,913,992$13,810,220$219,573,888
79$449,886,323$33,368,823$14,163,909$240,933,004
80$495,662,342$34,891,510$14,526,014$264,426,478
81$546,103,974$36,485,268$14,896,709$290,270,045
82$601,687,002$38,153,468$15,276,171$318,701,355
83$662,935,732$39,899,644$15,664,578$349,982,204
84$730,427,946$41,727,496$16,062,112$384,400,992
85$804,800,359$43,640,906$16,468,955$422,275,432
86$886,754,624$45,643,939$16,885,294$463,955,536
87$977,063,960$47,740,856$17,311,315$509,826,902
88$1,076,580,450$49,936,124$17,747,210$560,314,341
89$1,186,243,085$52,234,422$18,193,170$615,885,869
90$1,307,086,628$54,640,658$18,649,390$677,057,111
91$1,440,251,385$57,159,971$19,116,066$744,396,147
92$1,586,993,968$59,797,752$19,593,396$818,528,859
93$1,748,699,158$62,559,647$20,081,580$900,144,818
94$1,926,892,980$65,451,577$20,580,820$990,003,777
95$2,123,257,106$68,479,746$21,091,320$1,088,942,815
96$2,339,644,736$71,650,659$21,613,284$1,197,884,225
97$2,578,098,089$74,971,132$22,146,919$1,317,844,190
98$2,840,867,687$78,448,310$22,692,434$1,449,942,358
99$3,130,433,596$82,089,682$23,250,036$1,595,412,380
100$3,449,528,847$85,903,101$23,819,936$1,755,613,535