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

Use the below retirement simulation to view the chances of a successful retirement.
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%14.1%
1 years$202,319$200,517$198,758$197,042$195,366$192,051
2 years$100,158$98,292$96,485$94,732$93,032$89,701
3 years$66,109$64,235$62,432$60,696$59,023$55,782
4 years$49,087$47,220$45,434$43,728$42,096$38,969
5 years$38,877$37,021$35,259$33,587$32,001$28,997
6 years$32,073$30,230$28,495$26,860$25,321$22,443
7 years$27,214$25,387$23,679$22,083$20,593$17,843
8 years$23,572$21,762$20,082$18,525$17,084$14,460
9 years$20,741$18,947$17,296$15,779$14,387$11,889
10 years$18,477$16,701$15,079$13,602$12,258$9,883
11 years$16,626$14,868$13,276$11,838$10,543$8,288
12 years$15,085$13,345$11,782$10,383$9,136$6,999
13 years$13,782$12,060$10,526$9,167$7,967$5,944
14 years$12,666$10,962$9,458$8,137$6,984$5,072
15 years$11,699$10,014$8,539$7,257$6,149$4,345
16 years$10,854$9,188$7,742$6,498$5,434$3,734
17 years$10,110$8,462$7,045$5,838$4,819$3,218
18 years$9,449$7,819$6,431$5,261$4,284$2,779
19 years$8,858$7,246$5,887$4,754$3,819$2,405
20 years$8,327$6,734$5,403$4,306$3,411$2,085
21 years$7,847$6,272$4,970$3,908$3,052$1,810
22 years$7,411$5,855$4,580$3,553$2,736$1,574
23 years$7,014$5,476$4,229$3,236$2,456$1,369
24 years$6,650$5,131$3,911$2,951$2,208$1,193
25 years$6,316$4,815$3,623$2,695$1,987$1,040
26 years$6,009$4,525$3,360$2,464$1,789$907
27 years$5,724$4,259$3,120$2,256$1,613$791
28 years$5,461$4,013$2,900$2,067$1,456$691
29 years$5,215$3,786$2,699$1,895$1,314$604
30 years$4,987$3,575$2,514$1,739$1,188$528
31 years$4,774$3,380$2,344$1,597$1,074$461
32 years$4,575$3,198$2,187$1,468$971$404
33 years$4,388$3,029$2,042$1,350$879$353
34 years$4,212$2,870$1,908$1,242$796$309
35 years$4,047$2,722$1,784$1,143$721$270
36 years$3,891$2,584$1,669$1,053$653$237
37 years$3,744$2,454$1,562$970$592$207
38 years$3,605$2,332$1,462$894$537$181
39 years$3,474$2,218$1,370$825$487$159
40 years$3,350$2,110$1,284$761$441$139
41 years$3,231$2,009$1,204$702$400$122
42 years$3,119$1,913$1,130$648$363$107
43 years$3,013$1,823$1,060$598$330$94
44 years$2,911$1,737$995$552$299$82
45 years$2,814$1,657$934$510$272$72
46 years$2,722$1,580$877$471$247$63
47 years$2,634$1,508$824$435$224$55
48 years$2,550$1,440$775$402$203$48
49 years$2,469$1,375$728$372$185$42
50 years$2,392$1,313$685$343$168$37

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 $3,956 every year, while hoping to spend $48,906 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: 61/18/21 Blend
29$2,450,000$2,450,000$2,450,000$2,450,000
30$2,703,981$2,574,131$2,536,156$2,853,833
31$2,927,751$2,648,227$2,569,081$3,029,774
32$3,172,707$2,724,316$2,601,471$3,215,963
33$3,440,958$2,802,442$2,633,255$3,418,069
34$3,734,826$2,882,652$2,664,359$3,637,645
35$4,056,869$2,964,993$2,694,707$3,876,404
36$4,409,906$3,049,514$2,724,215$4,136,231
37$4,797,038$3,136,262$2,752,798$4,419,201
38$5,221,684$3,225,287$2,780,365$4,727,603
39$5,687,607$3,316,637$2,806,818$5,063,955
40$6,198,953$3,410,362$2,832,056$5,431,031
41$6,760,289$3,506,513$2,855,974$5,831,888
42$7,376,647$3,605,140$2,878,457$6,269,893
43$8,053,568$3,706,295$2,899,388$6,748,755
44$8,797,156$3,810,028$2,918,642$7,272,561
45$9,614,138$3,916,391$2,936,088$7,845,814
46$10,511,921$4,025,435$2,951,588$8,473,473
47$11,498,668$4,137,213$2,964,997$9,161,004
48$12,583,371$4,251,775$2,976,164$9,914,428
49$13,775,936$4,369,173$2,984,927$10,740,381
50$15,087,279$4,489,460$2,991,119$11,646,171
51$16,529,423$4,612,686$2,994,564$12,639,856
52$18,115,619$4,738,902$2,995,076$13,730,310
53$19,860,463$4,868,159$2,992,462$14,927,313
54$21,780,038$5,000,506$2,986,517$16,241,642
55$23,892,064$5,135,994$2,977,028$17,685,173
56$26,216,067$5,274,670$2,963,771$19,270,991
57$28,773,559$5,416,582$2,946,510$21,013,516
58$31,588,244$5,561,776$2,925,000$22,928,637
59$34,686,240$5,710,298$2,898,983$25,033,865
60$38,096,325$5,862,192$2,868,187$27,348,495
61$41,850,210$6,017,499$2,832,331$29,893,789
62$45,982,835$6,176,260$2,791,118$32,693,179
63$50,532,701$6,338,513$2,744,237$35,772,486
64$55,542,231$6,504,295$2,691,363$39,160,165
65$61,058,171$6,673,638$2,632,157$42,887,572
66$67,132,033$6,846,574$2,566,262$46,989,263
67$73,820,575$7,023,131$2,493,307$51,503,317
68$81,186,342$7,203,333$2,412,901$56,471,699
69$89,298,254$7,387,201$2,324,638$61,940,653
70$98,232,254$7,574,752$2,228,092$67,961,142
71$108,072,028$7,765,999$2,122,817$74,589,327
72$118,909,791$7,960,950$2,008,348$81,887,097
73$130,847,160$8,159,607$1,884,198$89,922,658
74$143,996,111$8,361,968$1,749,860$98,771,170
75$158,480,035$8,568,026$1,604,801$108,515,464
76$174,434,904$8,777,764$1,448,466$119,246,819
77$192,010,551$8,991,161$1,280,277$131,065,828
78$211,372,088$9,208,188$1,099,626$144,083,345
79$232,701,459$9,428,808$905,883$158,421,533
80$256,199,164$9,652,975$698,385$174,215,020
81$282,086,142$9,880,635$476,445$191,612,168
82$310,605,864$10,111,721$239,341$210,776,472
83$342,026,626$10,346,159$0$231,888,112
84$376,644,083$10,583,862$0$255,148,714
85$414,784,039$10,824,731$0$280,831,457
86$456,805,521$11,068,654$0$309,123,980
87$503,104,171$11,315,504$0$340,292,215
88$554,115,974$11,565,141$0$374,629,212
89$610,321,379$11,817,409$0$412,457,908
90$672,249,831$12,072,133$0$454,134,173
91$740,484,769$12,329,123$0$500,050,168
92$815,669,132$12,588,167$0$550,638,049
93$898,511,430$12,849,034$0$606,374,045
94$989,792,430$13,111,470$0$667,782,954
95$1,090,372,526$13,375,201$0$735,443,097
96$1,201,199,862$13,639,924$0$809,991,776
97$1,323,319,281$13,905,313$0$892,131,292
98$1,457,882,187$14,171,013$0$982,635,574
99$1,606,157,416$14,436,638$0$1,082,357,484
100$1,769,543,212$14,701,773$0$1,192,236,870