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%17.2%
1 years$202,319$200,517$198,758$197,042$195,366$189,645
2 years$100,158$98,292$96,485$94,732$93,032$87,313
3 years$66,109$64,235$62,432$60,696$59,023$53,488
4 years$49,087$47,220$45,434$43,728$42,096$36,785
5 years$38,877$37,021$35,259$33,587$32,001$26,930
6 years$32,073$30,230$28,495$26,860$25,321$20,495
7 years$27,214$25,387$23,679$22,083$20,593$16,011
8 years$23,572$21,762$20,082$18,525$17,084$12,743
9 years$20,741$18,947$17,296$15,779$14,387$10,283
10 years$18,477$16,701$15,079$13,602$12,258$8,386
11 years$16,626$14,868$13,276$11,838$10,543$6,895
12 years$15,085$13,345$11,782$10,383$9,136$5,706
13 years$13,782$12,060$10,526$9,167$7,967$4,747
14 years$12,666$10,962$9,458$8,137$6,984$3,966
15 years$11,699$10,014$8,539$7,257$6,149$3,324
16 years$10,854$9,188$7,742$6,498$5,434$2,795
17 years$10,110$8,462$7,045$5,838$4,819$2,355
18 years$9,449$7,819$6,431$5,261$4,284$1,988
19 years$8,858$7,246$5,887$4,754$3,819$1,681
20 years$8,327$6,734$5,403$4,306$3,411$1,424
21 years$7,847$6,272$4,970$3,908$3,052$1,207
22 years$7,411$5,855$4,580$3,553$2,736$1,024
23 years$7,014$5,476$4,229$3,236$2,456$870
24 years$6,650$5,131$3,911$2,951$2,208$740
25 years$6,316$4,815$3,623$2,695$1,987$629
26 years$6,009$4,525$3,360$2,464$1,789$535
27 years$5,724$4,259$3,120$2,256$1,613$455
28 years$5,461$4,013$2,900$2,067$1,456$388
29 years$5,215$3,786$2,699$1,895$1,314$330
30 years$4,987$3,575$2,514$1,739$1,188$281
31 years$4,774$3,380$2,344$1,597$1,074$240
32 years$4,575$3,198$2,187$1,468$971$204
33 years$4,388$3,029$2,042$1,350$879$174
34 years$4,212$2,870$1,908$1,242$796$149
35 years$4,047$2,722$1,784$1,143$721$127
36 years$3,891$2,584$1,669$1,053$653$108
37 years$3,744$2,454$1,562$970$592$92
38 years$3,605$2,332$1,462$894$537$79
39 years$3,474$2,218$1,370$825$487$67
40 years$3,350$2,110$1,284$761$441$57
41 years$3,231$2,009$1,204$702$400$49
42 years$3,119$1,913$1,130$648$363$42
43 years$3,013$1,823$1,060$598$330$35
44 years$2,911$1,737$995$552$299$30
45 years$2,814$1,657$934$510$272$26
46 years$2,722$1,580$877$471$247$22
47 years$2,634$1,508$824$435$224$19
48 years$2,550$1,440$775$402$203$16
49 years$2,469$1,375$728$372$185$14
50 years$2,392$1,313$685$343$168$12

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 $6,215 every year, while hoping to spend $44,705 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: 46/45/9 Blend
29$2,450,000$2,450,000$2,450,000$2,450,000
30$2,706,311$2,576,461$2,538,486$2,823,757
31$2,934,789$2,655,142$2,575,959$2,984,090
32$3,185,073$2,736,179$2,613,190$3,152,788
33$3,459,341$2,819,643$2,650,122$3,334,766
34$3,759,990$2,905,601$2,686,697$3,531,264
35$4,089,661$2,994,127$2,722,853$3,743,651
36$4,451,261$3,085,295$2,758,525$3,973,430
37$4,847,996$3,179,181$2,793,641$4,222,253
38$5,283,393$3,275,862$2,828,129$4,491,941
39$5,761,338$3,375,418$2,861,911$4,784,493
40$6,286,114$3,477,933$2,894,904$5,102,111
41$6,862,436$3,583,490$2,927,022$5,447,219
42$7,495,500$3,692,177$2,958,173$5,822,482
43$8,191,029$3,804,081$2,988,259$6,230,834
44$8,955,328$3,919,295$3,017,180$6,675,506
45$9,795,343$4,037,912$3,044,827$7,160,052
46$10,718,727$4,160,029$3,071,088$7,688,388
47$11,733,910$4,285,743$3,095,842$8,264,822
48$12,850,180$4,415,156$3,118,964$8,894,099
49$14,077,772$4,548,372$3,140,323$9,581,444
50$15,427,959$4,685,497$3,159,778$10,332,609
51$16,913,165$4,826,640$3,177,185$11,153,930
52$18,547,076$4,971,913$3,192,388$12,052,383
53$20,344,771$5,121,431$3,205,227$13,035,651
54$22,322,868$5,275,311$3,215,532$14,112,199
55$24,499,672$5,433,673$3,223,124$15,291,346
56$26,895,356$5,596,641$3,227,817$16,583,358
57$29,532,147$5,764,340$3,229,413$17,999,546
58$32,434,535$5,936,902$3,227,707$19,552,364
59$35,629,504$6,114,457$3,222,482$21,255,536
60$39,146,790$6,297,142$3,213,511$23,124,178
61$43,019,156$6,485,095$3,200,557$25,174,941
62$47,282,704$6,678,459$3,183,370$27,426,171
63$51,977,215$6,877,378$3,161,688$29,898,078
64$57,146,524$7,082,003$3,135,238$32,612,928
65$62,838,933$7,292,485$3,103,732$35,595,252
66$69,107,667$7,508,979$3,066,870$38,872,075
67$76,011,375$7,731,646$3,024,336$42,473,176
68$83,614,686$7,960,646$2,975,802$46,431,361
69$91,988,814$8,196,148$2,920,921$50,782,777
70$101,212,234$8,438,320$2,859,333$55,567,253
71$111,371,420$8,687,337$2,790,659$60,828,669
72$122,561,663$8,943,374$2,714,505$66,615,379
73$134,887,967$9,206,614$2,630,455$72,980,659
74$148,466,042$9,477,240$2,538,077$79,983,210
75$163,423,395$9,755,442$2,436,920$87,687,716
76$179,900,533$10,041,410$2,326,508$96,165,451
77$198,052,290$10,335,342$2,206,349$105,494,949
78$218,049,286$10,637,436$2,075,924$115,762,747
79$240,079,539$10,947,896$1,934,693$127,064,202
80$264,350,238$11,266,929$1,782,091$139,504,388
81$291,089,700$11,594,747$1,617,529$153,199,089
82$320,549,523$11,931,563$1,440,390$168,275,888
83$353,006,961$12,277,596$1,250,030$184,875,376
84$388,767,541$12,633,068$1,045,776$203,152,473
85$428,167,948$12,998,206$826,927$223,277,892
86$471,579,199$13,373,238$592,749$245,439,750
87$519,410,148$13,758,398$342,477$269,845,344
88$572,111,344$14,153,921$75,311$296,723,104
89$630,179,286$14,560,048$0$326,324,750
90$694,161,104$14,977,021$0$358,947,815
91$764,659,729$15,405,087$0$394,886,850
92$842,339,581$15,844,496$0$434,471,541
93$927,932,841$16,295,499$0$478,073,163
94$1,022,246,364$16,758,352$0$526,100,849
95$1,126,169,295$17,233,312$0$579,005,444
96$1,240,681,459$17,720,641$0$637,283,764
97$1,366,862,615$18,220,599$0$701,483,284
98$1,505,902,646$18,733,453$0$772,207,305
99$1,659,112,792$19,259,468$0$850,120,646
100$1,827,938,026$19,798,912$0$935,955,919