Can I retire at age 30 with 2,410,000?

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 $2,410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$199,016$197,243$195,513$193,825$192,177$184,698
2 years$98,523$96,688$94,909$93,185$91,513$84,068
3 years$65,029$63,186$61,413$59,705$58,059$50,884
4 years$48,286$46,449$44,693$43,014$41,408$34,556
5 years$38,243$36,416$34,683$33,039$31,478$24,967
6 years$31,549$29,737$28,029$26,421$24,908$18,741
7 years$26,770$24,973$23,292$21,722$20,256$14,433
8 years$23,187$21,406$19,754$18,222$16,805$11,319
9 years$20,402$18,638$17,014$15,521$14,152$8,996
10 years$18,175$16,429$14,833$13,380$12,058$7,221
11 years$16,355$14,625$13,059$11,644$10,370$5,842
12 years$14,839$13,127$11,589$10,214$8,987$4,755
13 years$13,557$11,863$10,354$9,017$7,837$3,889
14 years$12,459$10,783$9,303$8,004$6,870$3,193
15 years$11,508$9,851$8,400$7,138$6,049$2,629
16 years$10,677$9,038$7,616$6,392$5,346$2,171
17 years$9,945$8,323$6,930$5,743$4,740$1,796
18 years$9,294$7,691$6,326$5,176$4,214$1,488
19 years$8,713$7,128$5,791$4,677$3,756$1,235
20 years$8,191$6,624$5,315$4,236$3,355$1,026
21 years$7,719$6,170$4,889$3,844$3,003$853
22 years$7,290$5,759$4,506$3,495$2,691$710
23 years$6,899$5,387$4,160$3,183$2,416$591
24 years$6,542$5,047$3,848$2,903$2,172$493
25 years$6,213$4,736$3,564$2,651$1,954$411
26 years$5,911$4,451$3,305$2,424$1,760$342
27 years$5,631$4,189$3,069$2,219$1,587$286
28 years$5,371$3,947$2,853$2,033$1,432$238
29 years$5,130$3,724$2,655$1,864$1,293$199
30 years$4,906$3,517$2,473$1,711$1,168$166
31 years$4,696$3,325$2,306$1,571$1,056$139
32 years$4,500$3,146$2,151$1,444$955$116
33 years$4,316$2,979$2,008$1,328$865$97
34 years$4,143$2,823$1,877$1,222$783$81
35 years$3,981$2,678$1,755$1,125$709$67
36 years$3,828$2,542$1,641$1,036$642$56
37 years$3,683$2,414$1,536$954$582$47
38 years$3,547$2,294$1,439$880$528$39
39 years$3,417$2,182$1,348$811$479$33
40 years$3,295$2,076$1,263$748$434$27
41 years$3,179$1,976$1,185$690$394$23
42 years$3,068$1,882$1,111$637$357$19
43 years$2,963$1,793$1,043$588$324$16
44 years$2,863$1,709$979$543$294$13
45 years$2,768$1,630$919$501$267$11
46 years$2,677$1,555$863$463$243$9
47 years$2,591$1,484$811$428$220$8
48 years$2,508$1,416$762$395$200$6
49 years$2,429$1,353$716$365$182$5
50 years$2,353$1,292$673$338$165$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,410,000, adding $4,278 every year, while hoping to spend $37,140 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: 33/47/20 Blend
29$2,410,000$2,410,000$2,410,000$2,410,000
30$2,660,233$2,532,503$2,495,148$2,731,487
31$2,892,060$2,617,079$2,539,219$2,869,386
32$3,146,288$2,704,554$2,583,521$3,014,203
33$3,425,164$2,795,032$2,628,023$3,169,508
34$3,731,161$2,888,619$2,672,692$3,336,244
35$4,067,004$2,985,425$2,717,492$3,515,452
36$4,435,693$3,085,565$2,762,382$3,708,270
37$4,840,535$3,189,159$2,807,323$3,915,951
38$5,285,171$3,296,330$2,852,271$4,139,872
39$5,773,614$3,407,206$2,897,177$4,381,544
40$6,310,283$3,521,919$2,941,992$4,642,630
41$6,900,046$3,640,607$2,986,663$4,924,958
42$7,548,268$3,763,414$3,031,134$5,230,538
43$8,260,857$3,890,487$3,075,343$5,561,578
44$9,044,325$4,021,981$3,119,227$5,920,510
45$9,905,843$4,158,055$3,162,718$6,310,006
46$10,853,315$4,298,876$3,205,745$6,733,007
47$11,895,446$4,444,614$3,248,231$7,192,750
48$13,041,831$4,595,449$3,290,096$7,692,793
49$14,303,037$4,751,566$3,331,254$8,237,055
50$15,690,712$4,913,158$3,371,615$8,829,847
51$17,217,685$5,080,423$3,411,085$9,475,914
52$18,898,095$5,253,570$3,449,563$10,180,478
53$20,747,519$5,432,813$3,486,942$10,949,290
54$22,783,122$5,618,377$3,523,110$11,788,678
55$25,023,816$5,810,493$3,557,950$12,705,610
56$27,490,441$6,009,403$3,591,336$13,707,758
57$30,205,958$6,215,356$3,623,139$14,803,569
58$33,195,671$6,428,613$3,653,218$16,002,344
59$36,487,458$6,649,443$3,681,430$17,314,325
60$40,112,041$6,878,128$3,707,620$18,750,791
61$44,103,271$7,114,959$3,731,627$20,324,163
62$48,498,451$7,360,238$3,753,283$22,048,120
63$53,338,683$7,614,280$3,772,409$23,937,729
64$58,669,261$7,877,412$3,788,817$26,009,584
65$64,540,094$8,149,974$3,802,310$28,281,960
66$71,006,179$8,432,318$3,812,683$30,774,991
67$78,128,119$8,724,811$3,819,717$33,510,852
68$85,972,695$9,027,835$3,823,186$36,513,968
69$94,613,497$9,341,785$3,822,849$39,811,247
70$104,131,615$9,667,074$3,818,456$43,432,332
71$114,616,408$10,004,129$3,809,743$47,409,874
72$126,166,347$10,353,397$3,796,434$51,779,846
73$138,889,940$10,715,339$3,778,240$56,581,876
74$152,906,760$11,090,436$3,754,858$61,859,625
75$168,348,572$11,479,191$3,725,968$67,661,190
76$185,360,577$11,882,121$3,691,238$74,039,562
77$204,102,780$12,299,770$3,650,319$81,053,126
78$224,751,504$12,732,699$3,602,845$88,766,204
79$247,501,050$13,181,494$3,548,434$97,249,665
80$272,565,535$13,646,764$3,486,683$106,581,594
81$300,180,907$14,129,143$3,417,175$116,848,020
82$330,607,178$14,629,290$3,339,469$128,143,736
83$364,130,875$15,147,890$3,253,106$140,573,181
84$401,067,744$15,685,657$3,157,606$154,251,435
85$441,765,734$16,243,334$3,052,465$169,305,292
86$486,608,274$16,821,693$2,937,158$185,874,466
87$536,017,900$17,421,538$2,811,135$204,112,898
88$590,460,239$18,043,706$2,673,821$224,190,212
89$650,448,405$18,689,069$2,524,615$246,293,313
90$716,547,842$19,358,533$2,362,889$270,628,148
91$789,381,663$20,053,042$2,187,987$297,421,649
92$869,636,531$20,773,580$1,999,223$326,923,870
93$958,069,140$21,521,169$1,795,880$359,410,349
94$1,055,513,361$22,296,874$1,577,211$395,184,701
95$1,162,888,109$23,101,806$1,342,432$434,581,486
96$1,281,206,021$23,937,120$1,090,729$477,969,360
97$1,411,583,015$24,804,019$821,249$525,754,556
98$1,555,248,823$25,703,756$533,101$578,384,712
99$1,713,558,600$26,637,638$225,357$636,353,096
100$1,888,005,718$27,607,023$0$700,203,260