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%16.8%
1 years$199,016$197,243$195,513$193,825$192,177$186,849
2 years$98,523$96,688$94,909$93,185$91,513$86,185
3 years$65,029$63,186$61,413$59,705$58,059$52,898
4 years$48,286$46,449$44,693$43,014$41,408$36,454
5 years$38,243$36,416$34,683$33,039$31,478$26,743
6 years$31,549$29,737$28,029$26,421$24,908$20,397
7 years$26,770$24,973$23,292$21,722$20,256$15,971
8 years$23,187$21,406$19,754$18,222$16,805$12,741
9 years$20,402$18,638$17,014$15,521$14,152$10,307
10 years$18,175$16,429$14,833$13,380$12,058$8,426
11 years$16,355$14,625$13,059$11,644$10,370$6,946
12 years$14,839$13,127$11,589$10,214$8,987$5,764
13 years$13,557$11,863$10,354$9,017$7,837$4,808
14 years$12,459$10,783$9,303$8,004$6,870$4,027
15 years$11,508$9,851$8,400$7,138$6,049$3,386
16 years$10,677$9,038$7,616$6,392$5,346$2,854
17 years$9,945$8,323$6,930$5,743$4,740$2,412
18 years$9,294$7,691$6,326$5,176$4,214$2,043
19 years$8,713$7,128$5,791$4,677$3,756$1,733
20 years$8,191$6,624$5,315$4,236$3,355$1,472
21 years$7,719$6,170$4,889$3,844$3,003$1,252
22 years$7,290$5,759$4,506$3,495$2,691$1,066
23 years$6,899$5,387$4,160$3,183$2,416$908
24 years$6,542$5,047$3,848$2,903$2,172$774
25 years$6,213$4,736$3,564$2,651$1,954$660
26 years$5,911$4,451$3,305$2,424$1,760$564
27 years$5,631$4,189$3,069$2,219$1,587$481
28 years$5,371$3,947$2,853$2,033$1,432$411
29 years$5,130$3,724$2,655$1,864$1,293$351
30 years$4,906$3,517$2,473$1,711$1,168$300
31 years$4,696$3,325$2,306$1,571$1,056$257
32 years$4,500$3,146$2,151$1,444$955$220
33 years$4,316$2,979$2,008$1,328$865$188
34 years$4,143$2,823$1,877$1,222$783$161
35 years$3,981$2,678$1,755$1,125$709$137
36 years$3,828$2,542$1,641$1,036$642$118
37 years$3,683$2,414$1,536$954$582$101
38 years$3,547$2,294$1,439$880$528$86
39 years$3,417$2,182$1,348$811$479$74
40 years$3,295$2,076$1,263$748$434$63
41 years$3,179$1,976$1,185$690$394$54
42 years$3,068$1,882$1,111$637$357$46
43 years$2,963$1,793$1,043$588$324$40
44 years$2,863$1,709$979$543$294$34
45 years$2,768$1,630$919$501$267$29
46 years$2,677$1,555$863$463$243$25
47 years$2,591$1,484$811$428$220$21
48 years$2,508$1,416$762$395$200$18
49 years$2,429$1,353$716$365$182$16
50 years$2,353$1,292$673$338$165$13

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 $5,083 every year, while hoping to spend $59,202 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: 45/44/11 Blend
29$2,410,000$2,410,000$2,410,000$2,410,000
30$2,661,063$2,533,333$2,495,978$2,772,289
31$2,869,501$2,594,476$2,516,603$2,911,073
32$3,097,216$2,656,631$2,535,934$3,055,024
33$3,346,110$2,719,784$2,553,867$3,209,784
34$3,618,281$2,783,921$2,570,289$3,376,374
35$3,916,035$2,849,023$2,585,083$3,555,915
36$4,241,914$2,915,069$2,598,127$3,749,646
37$4,598,716$2,982,033$2,609,291$3,958,926
38$4,989,522$3,049,890$2,618,439$4,185,256
39$5,417,724$3,118,605$2,625,427$4,430,288
40$5,887,060$3,188,145$2,630,107$4,695,841
41$6,401,645$3,258,469$2,632,321$4,983,921
42$6,966,013$3,329,534$2,631,903$5,296,737
43$7,585,154$3,401,290$2,628,681$5,636,721
44$8,264,570$3,473,682$2,622,471$6,006,556
45$9,010,316$3,546,653$2,613,084$6,409,196
46$9,829,066$3,620,136$2,600,320$6,847,897
47$10,728,168$3,694,060$2,583,968$7,326,248
48$11,715,719$3,768,348$2,563,809$7,848,203
49$12,800,640$3,842,914$2,539,614$8,418,120
50$13,992,754$3,917,666$2,511,140$9,040,802
51$15,302,887$3,992,504$2,478,136$9,721,542
52$16,742,965$4,067,319$2,440,336$10,466,173
53$18,326,124$4,141,995$2,397,464$11,281,126
54$20,066,840$4,216,404$2,349,231$12,173,487
55$21,981,060$4,290,410$2,295,332$13,151,068
56$24,086,354$4,363,866$2,235,451$14,222,477
57$26,402,079$4,436,612$2,169,256$15,397,203
58$28,949,563$4,508,479$2,096,399$16,685,704
59$31,752,308$4,579,283$2,016,517$18,099,510
60$34,836,203$4,648,828$1,929,230$19,651,327
61$38,229,779$4,716,903$1,834,142$21,355,159
62$41,964,468$4,783,283$1,730,838$23,226,443
63$46,074,905$4,847,726$1,618,883$25,282,195
64$50,599,255$4,909,974$1,497,824$27,541,169
65$55,579,566$4,969,750$1,367,189$30,024,037
66$61,062,174$5,026,759$1,226,481$32,753,585
67$67,098,132$5,080,687$1,075,185$35,754,925
68$73,743,698$5,131,198$912,761$39,055,741
69$81,060,861$5,177,932$738,644$42,686,543
70$89,117,927$5,220,509$552,246$46,680,962
71$97,990,163$5,258,521$352,954$51,076,065
72$107,760,506$5,291,534$140,124$55,912,708
73$118,520,347$5,319,089$0$61,235,925
74$130,370,393$5,340,695$0$67,105,561
75$143,421,614$5,355,830$0$73,584,327
76$157,796,293$5,363,940$0$80,716,143
77$173,629,177$5,364,436$0$88,567,558
78$191,068,753$5,356,693$0$97,211,918
79$210,278,641$5,340,046$0$106,730,056
80$231,439,146$5,313,792$0$117,211,058
81$254,748,952$5,277,181$0$128,753,107
82$280,427,004$5,229,422$0$141,464,411
83$308,714,567$5,169,672$0$155,464,225
84$339,877,508$5,097,041$0$170,883,981
85$374,208,802$5,010,584$0$187,868,527
86$412,031,297$4,909,300$0$206,577,503
87$453,700,762$4,792,128$0$227,186,845
88$499,609,244$4,657,947$0$249,890,449
89$550,188,768$4,505,568$0$274,902,008
90$605,915,414$4,333,732$0$302,457,030
91$667,313,811$4,141,109$0$332,815,062
92$734,962,087$3,926,292$0$366,262,148
93$809,497,329$3,687,789$0$403,113,531
94$891,621,593$3,424,027$0$443,716,634
95$982,108,531$3,133,340$0$488,454,342
96$1,081,810,695$2,813,967$0$537,748,621
97$1,191,667,583$2,464,049$0$592,064,510
98$1,312,714,508$2,081,619$0$651,914,512
99$1,446,092,370$1,664,600$0$717,863,440
100$1,593,058,424$1,210,798$0$790,533,754