Can I retire at age 30 with 2,450,000?

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 $2,450,000?

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$202,319$200,517$198,758$197,042$195,366$191,344
2 years$100,158$98,292$96,485$94,732$93,032$88,997
3 years$66,109$64,235$62,432$60,696$59,023$55,103
4 years$49,087$47,220$45,434$43,728$42,096$38,320
5 years$38,877$37,021$35,259$33,587$32,001$28,379
6 years$32,073$30,230$28,495$26,860$25,321$21,859
7 years$27,214$25,387$23,679$22,083$20,593$17,290
8 years$23,572$21,762$20,082$18,525$17,084$13,939
9 years$20,741$18,947$17,296$15,779$14,387$11,399
10 years$18,477$16,701$15,079$13,602$12,258$9,424
11 years$16,626$14,868$13,276$11,838$10,543$7,858
12 years$15,085$13,345$11,782$10,383$9,136$6,598
13 years$13,782$12,060$10,526$9,167$7,967$5,570
14 years$12,666$10,962$9,458$8,137$6,984$4,724
15 years$11,699$10,014$8,539$7,257$6,149$4,021
16 years$10,854$9,188$7,742$6,498$5,434$3,434
17 years$10,110$8,462$7,045$5,838$4,819$2,940
18 years$9,449$7,819$6,431$5,261$4,284$2,523
19 years$8,858$7,246$5,887$4,754$3,819$2,169
20 years$8,327$6,734$5,403$4,306$3,411$1,868
21 years$7,847$6,272$4,970$3,908$3,052$1,610
22 years$7,411$5,855$4,580$3,553$2,736$1,390
23 years$7,014$5,476$4,229$3,236$2,456$1,201
24 years$6,650$5,131$3,911$2,951$2,208$1,039
25 years$6,316$4,815$3,623$2,695$1,987$899
26 years$6,009$4,525$3,360$2,464$1,789$779
27 years$5,724$4,259$3,120$2,256$1,613$675
28 years$5,461$4,013$2,900$2,067$1,456$585
29 years$5,215$3,786$2,699$1,895$1,314$507
30 years$4,987$3,575$2,514$1,739$1,188$440
31 years$4,774$3,380$2,344$1,597$1,074$382
32 years$4,575$3,198$2,187$1,468$971$332
33 years$4,388$3,029$2,042$1,350$879$288
34 years$4,212$2,870$1,908$1,242$796$250
35 years$4,047$2,722$1,784$1,143$721$217
36 years$3,891$2,584$1,669$1,053$653$189
37 years$3,744$2,454$1,562$970$592$164
38 years$3,605$2,332$1,462$894$537$142
39 years$3,474$2,218$1,370$825$487$124
40 years$3,350$2,110$1,284$761$441$108
41 years$3,231$2,009$1,204$702$400$93
42 years$3,119$1,913$1,130$648$363$81
43 years$3,013$1,823$1,060$598$330$71
44 years$2,911$1,737$995$552$299$61
45 years$2,814$1,657$934$510$272$53
46 years$2,722$1,580$877$471$247$46
47 years$2,634$1,508$824$435$224$40
48 years$2,550$1,440$775$402$203$35
49 years$2,469$1,375$728$372$185$30
50 years$2,392$1,313$685$343$168$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,450,000, adding $3,987 every year, while hoping to spend $30,110 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: 59/18/23 Blend
29$2,450,000$2,450,000$2,450,000$2,450,000
30$2,704,013$2,574,163$2,536,188$2,846,697
31$2,947,785$2,668,260$2,589,113$3,038,314
32$3,215,413$2,765,959$2,642,802$3,243,608
33$3,509,298$2,867,404$2,697,249$3,466,863
34$3,832,086$2,972,746$2,752,447$3,709,827
35$4,186,691$3,082,142$2,808,385$3,974,422
36$4,576,323$3,195,756$2,865,056$4,262,764
37$5,004,518$3,313,759$2,922,446$4,577,182
38$5,475,175$3,436,329$2,980,543$4,920,240
39$5,992,584$3,563,650$3,039,333$5,294,761
40$6,561,476$3,695,917$3,098,799$5,703,852
41$7,187,060$3,833,331$3,158,922$6,150,935
42$7,875,078$3,976,103$3,219,684$6,639,778
43$8,631,855$4,124,450$3,281,062$7,174,528
44$9,464,358$4,278,603$3,343,032$7,759,755
45$10,380,267$4,438,798$3,405,568$8,400,490
46$11,388,040$4,605,286$3,468,641$9,102,272
47$12,497,000$4,778,324$3,532,219$9,871,205
48$13,717,415$4,958,183$3,596,270$10,714,008
49$15,060,604$5,145,146$3,660,757$11,638,085
50$16,539,034$5,339,507$3,725,641$12,651,588
51$18,166,444$5,541,572$3,790,879$13,763,499
52$19,957,974$5,751,661$3,856,426$14,983,710
53$21,930,305$5,970,110$3,922,234$16,323,118
54$24,101,816$6,197,266$3,988,249$17,793,728
55$26,492,763$6,433,493$4,054,416$19,408,764
56$29,125,461$6,679,171$4,120,676$21,182,794
57$32,024,504$6,934,696$4,186,964$23,131,867
58$35,216,988$7,200,481$4,253,213$25,273,663
59$38,732,775$7,476,958$4,319,349$27,627,662
60$42,604,767$7,764,578$4,385,296$30,215,322
61$46,869,221$8,063,811$4,450,972$33,060,288
62$51,566,091$8,375,147$4,516,288$36,188,608
63$56,739,402$8,699,099$4,581,154$39,628,981
64$62,437,669$9,036,202$4,645,470$43,413,029
65$68,714,350$9,387,015$4,709,133$47,575,590
66$75,628,356$9,752,121$4,772,031$52,155,052
67$83,244,603$10,132,129$4,834,048$57,193,707
68$91,634,624$10,527,676$4,895,061$62,738,158
69$100,877,249$10,939,425$4,954,939$68,839,751
70$111,059,342$11,368,071$5,013,543$75,555,063
71$122,276,626$11,814,337$5,070,727$82,946,433
72$134,634,583$12,278,981$5,126,338$91,082,551
73$148,249,453$12,762,794$5,180,213$100,039,103
74$163,249,327$13,266,601$5,232,180$109,899,488
75$179,775,359$13,791,265$5,282,059$120,755,600
76$197,983,097$14,337,687$5,329,659$132,708,700
77$218,043,949$14,906,810$5,374,778$145,870,364
78$240,146,804$15,499,617$5,417,206$160,363,541
79$264,499,816$16,117,136$5,456,721$176,323,707
80$291,332,364$16,760,442$5,493,087$193,900,149
81$320,897,218$17,430,657$5,526,059$213,257,368
82$353,472,930$18,128,954$5,555,377$234,576,631
83$389,366,457$18,856,561$5,580,770$258,057,683
84$428,916,060$19,614,757$5,601,951$283,920,630
85$472,494,502$20,404,884$5,618,620$312,408,016
86$520,512,558$21,228,340$5,630,460$343,787,108
87$573,422,900$22,086,590$5,637,141$378,352,423
88$631,724,365$22,981,162$5,638,315$416,428,502
89$695,966,669$23,913,657$5,633,617$458,372,973
90$766,755,589$24,885,747$5,622,664$504,579,927
91$844,758,690$25,899,179$5,605,053$555,483,636
92$930,711,618$26,955,781$5,580,365$611,562,648
93$1,025,425,053$28,057,464$5,548,157$673,344,306
94$1,129,792,355$29,206,226$5,507,967$741,409,724
95$1,244,798,002$30,404,158$5,459,310$816,399,269
96$1,371,526,879$31,653,442$5,401,678$899,018,604
97$1,511,174,525$32,956,366$5,334,539$990,045,350
98$1,665,058,416$34,315,317$5,257,335$1,090,336,424
99$1,834,630,403$35,732,796$5,169,485$1,200,836,122
100$2,021,490,418$37,211,417$5,070,376$1,322,585,039