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%15%
1 years$199,016$197,243$195,513$193,825$192,177$188,220
2 years$98,523$96,688$94,909$93,185$91,513$87,544
3 years$65,029$63,186$61,413$59,705$58,059$54,203
4 years$48,286$46,449$44,693$43,014$41,408$37,694
5 years$38,243$36,416$34,683$33,039$31,478$27,916
6 years$31,549$29,737$28,029$26,421$24,908$21,502
7 years$26,770$24,973$23,292$21,722$20,256$17,008
8 years$23,187$21,406$19,754$18,222$16,805$13,712
9 years$20,402$18,638$17,014$15,521$14,152$11,213
10 years$18,175$16,429$14,833$13,380$12,058$9,270
11 years$16,355$14,625$13,059$11,644$10,370$7,730
12 years$14,839$13,127$11,589$10,214$8,987$6,490
13 years$13,557$11,863$10,354$9,017$7,837$5,479
14 years$12,459$10,783$9,303$8,004$6,870$4,647
15 years$11,508$9,851$8,400$7,138$6,049$3,956
16 years$10,677$9,038$7,616$6,392$5,346$3,378
17 years$9,945$8,323$6,930$5,743$4,740$2,892
18 years$9,294$7,691$6,326$5,176$4,214$2,482
19 years$8,713$7,128$5,791$4,677$3,756$2,134
20 years$8,191$6,624$5,315$4,236$3,355$1,837
21 years$7,719$6,170$4,889$3,844$3,003$1,584
22 years$7,290$5,759$4,506$3,495$2,691$1,368
23 years$6,899$5,387$4,160$3,183$2,416$1,182
24 years$6,542$5,047$3,848$2,903$2,172$1,022
25 years$6,213$4,736$3,564$2,651$1,954$885
26 years$5,911$4,451$3,305$2,424$1,760$766
27 years$5,631$4,189$3,069$2,219$1,587$664
28 years$5,371$3,947$2,853$2,033$1,432$575
29 years$5,130$3,724$2,655$1,864$1,293$499
30 years$4,906$3,517$2,473$1,711$1,168$433
31 years$4,696$3,325$2,306$1,571$1,056$376
32 years$4,500$3,146$2,151$1,444$955$326
33 years$4,316$2,979$2,008$1,328$865$283
34 years$4,143$2,823$1,877$1,222$783$246
35 years$3,981$2,678$1,755$1,125$709$214
36 years$3,828$2,542$1,641$1,036$642$186
37 years$3,683$2,414$1,536$954$582$161
38 years$3,547$2,294$1,439$880$528$140
39 years$3,417$2,182$1,348$811$479$122
40 years$3,295$2,076$1,263$748$434$106
41 years$3,179$1,976$1,185$690$394$92
42 years$3,068$1,882$1,111$637$357$80
43 years$2,963$1,793$1,043$588$324$69
44 years$2,863$1,709$979$543$294$60
45 years$2,768$1,630$919$501$267$53
46 years$2,677$1,555$863$463$243$46
47 years$2,591$1,484$811$428$220$40
48 years$2,508$1,416$762$395$200$34
49 years$2,429$1,353$716$365$182$30
50 years$2,353$1,292$673$338$165$26

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 $4,639 every year, while hoping to spend $21,137 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: 44/33/23 Blend
29$2,410,000$2,410,000$2,410,000$2,410,000
30$2,660,605$2,532,875$2,495,520$2,759,748
31$2,909,497$2,634,496$2,556,630$2,932,011
32$3,183,068$2,740,389$2,619,080$3,116,210
33$3,483,812$2,850,739$2,682,890$3,315,453
34$3,814,478$2,965,743$2,748,084$3,531,146
35$4,178,095$3,085,604$2,814,685$3,764,834
36$4,577,999$3,210,537$2,882,715$4,018,213
37$5,017,866$3,340,764$2,952,197$4,293,149
38$5,501,745$3,476,519$3,023,153$4,591,692
39$6,034,100$3,618,045$3,095,606$4,916,096
40$6,619,848$3,765,599$3,169,578$5,268,838
41$7,264,405$3,919,446$3,245,091$5,652,642
42$7,973,741$4,079,865$3,322,169$6,070,506
43$8,754,433$4,247,149$3,400,832$6,525,723
44$9,613,728$4,421,602$3,481,102$7,021,920
45$10,559,611$4,603,543$3,563,001$7,563,083
46$11,600,880$4,793,305$3,646,550$8,153,598
47$12,747,230$4,991,238$3,731,770$8,798,294
48$14,009,345$5,197,705$3,818,682$9,502,480
49$15,398,994$5,413,090$3,907,304$10,272,002
50$16,929,151$5,637,790$3,997,658$11,113,291
51$18,614,106$5,872,223$4,089,761$12,033,427
52$20,469,609$6,116,827$4,183,633$13,040,202
53$22,513,015$6,372,057$4,279,290$14,142,193
54$24,763,446$6,638,392$4,376,750$15,348,843
55$27,241,976$6,916,331$4,476,030$16,670,545
56$29,971,825$7,206,398$4,577,144$18,118,745
57$32,978,580$7,509,141$4,680,107$19,706,041
58$36,290,437$7,825,131$4,784,933$21,446,307
59$39,938,467$8,154,968$4,891,633$23,354,820
60$43,956,908$8,499,278$5,000,220$25,448,399
61$48,383,488$8,858,719$5,110,704$27,745,569
62$53,259,784$9,233,976$5,223,092$30,266,729
63$58,631,609$9,625,767$5,337,392$33,034,343
64$64,549,448$10,034,845$5,453,610$36,073,152
65$71,068,936$10,461,997$5,571,750$39,410,407
66$78,251,378$10,908,045$5,691,815$43,076,117
67$86,164,332$11,373,853$5,813,803$47,103,340
68$94,882,243$11,860,321$5,937,715$51,528,485
69$104,487,149$12,368,394$6,063,546$56,391,656
70$115,069,454$12,899,061$6,191,291$61,737,029
71$126,728,779$13,453,356$6,320,940$67,613,264
72$139,574,906$14,032,362$6,452,483$74,073,966
73$153,728,812$14,637,213$6,585,906$81,178,181
74$169,323,809$15,269,095$6,721,193$88,990,960
75$186,506,808$15,929,251$6,858,323$97,583,960
76$205,439,701$16,618,982$6,997,274$107,036,125
77$226,300,887$17,339,649$7,138,020$117,434,424
78$249,286,965$18,092,679$7,280,531$128,874,668
79$274,614,579$18,879,564$7,424,773$141,462,413
80$302,522,470$19,701,867$7,570,707$155,313,953
81$333,273,729$20,561,225$7,718,292$170,557,412
82$367,158,276$21,459,352$7,867,481$187,333,948
83$404,495,601$22,398,041$8,018,223$205,799,085
84$445,637,779$23,379,172$8,170,461$226,124,175
85$490,972,794$24,404,713$8,324,133$248,498,009
86$540,928,200$25,476,725$8,479,171$273,128,598
87$595,975,156$26,597,364$8,635,504$300,245,127
88$656,632,879$27,768,892$8,793,050$330,100,118
89$723,473,539$28,993,674$8,951,724$362,971,803
90$797,127,667$30,274,191$9,111,433$399,166,751
91$878,290,100$31,613,037$9,272,077$439,022,749
92$967,726,546$33,012,932$9,433,548$482,911,990
93$1,066,280,812$34,476,724$9,595,730$531,244,578
94$1,174,882,767$36,007,396$9,758,499$584,472,391
95$1,294,557,123$37,608,072$9,921,722$643,093,341
96$1,426,433,107$39,282,025$10,085,258$707,656,068
97$1,571,755,123$41,032,683$10,248,953$778,765,109
98$1,731,894,498$42,863,637$10,412,645$857,086,599
99$1,908,362,431$44,778,649$10,576,163$943,354,548
100$2,102,824,256$46,781,660$10,739,321$1,038,377,765