Can I retire at age 30 with 2,510,000?

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 $2,510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$207,273$205,427$203,626$201,868$200,151$192,666
2 years$102,611$100,700$98,848$97,052$95,310$87,855
3 years$67,728$65,808$63,961$62,182$60,469$53,278
4 years$50,289$48,376$46,547$44,799$43,127$36,255
5 years$39,829$37,927$36,122$34,410$32,784$26,249
6 years$32,858$30,971$29,192$27,518$25,941$19,748
7 years$27,881$26,009$24,259$22,624$21,097$15,243
8 years$24,149$22,295$20,574$18,979$17,502$11,983
9 years$21,249$19,411$17,720$16,166$14,739$9,546
10 years$18,930$17,110$15,449$13,935$12,559$7,683
11 years$17,033$15,232$13,601$12,127$10,801$6,232
12 years$15,454$13,672$12,070$10,637$9,360$5,086
13 years$14,119$12,355$10,784$9,391$8,162$4,171
14 years$12,976$11,230$9,690$8,337$7,155$3,434
15 years$11,986$10,259$8,748$7,435$6,300$2,836
16 years$11,120$9,413$7,932$6,657$5,568$2,348
17 years$10,357$8,669$7,217$5,981$4,937$1,948
18 years$9,680$8,010$6,589$5,390$4,389$1,619
19 years$9,075$7,424$6,032$4,871$3,912$1,348
20 years$8,531$6,899$5,535$4,411$3,495$1,123
21 years$8,039$6,426$5,092$4,003$3,127$937
22 years$7,593$5,998$4,693$3,640$2,803$782
23 years$7,186$5,610$4,333$3,315$2,516$653
24 years$6,813$5,256$4,007$3,024$2,262$546
25 years$6,471$4,933$3,711$2,761$2,035$457
26 years$6,156$4,636$3,442$2,525$1,833$382
27 years$5,864$4,363$3,196$2,311$1,653$320
28 years$5,594$4,111$2,971$2,117$1,491$268
29 years$5,343$3,878$2,765$1,942$1,347$224
30 years$5,109$3,663$2,576$1,782$1,217$188
31 years$4,891$3,463$2,401$1,637$1,100$157
32 years$4,687$3,276$2,240$1,504$995$132
33 years$4,495$3,103$2,092$1,383$901$110
34 years$4,315$2,941$1,954$1,273$815$92
35 years$4,146$2,789$1,827$1,171$738$77
36 years$3,986$2,647$1,709$1,079$669$65
37 years$3,836$2,514$1,600$994$606$54
38 years$3,694$2,390$1,498$916$550$46
39 years$3,559$2,272$1,404$845$499$38
40 years$3,432$2,162$1,316$779$452$32
41 years$3,311$2,058$1,234$719$410$27
42 years$3,196$1,960$1,157$664$372$22
43 years$3,086$1,867$1,086$612$338$19
44 years$2,982$1,780$1,019$566$307$16
45 years$2,883$1,697$957$522$278$13
46 years$2,789$1,619$899$482$253$11
47 years$2,698$1,545$845$446$230$9
48 years$2,612$1,475$794$412$208$8
49 years$2,530$1,409$746$381$189$7
50 years$2,451$1,346$701$352$172$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,510,000, adding $5,383 every year, while hoping to spend $26,563 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: 31/43/26 Blend
29$2,510,000$2,510,000$2,510,000$2,510,000
30$2,771,573$2,638,543$2,599,638$2,835,200
31$3,026,010$2,739,568$2,658,463$2,985,573
32$3,305,510$2,844,654$2,718,368$3,144,609
33$3,612,601$2,953,971$2,779,362$3,315,273
34$3,950,067$3,067,697$2,841,452$3,498,599
35$4,320,978$3,186,018$2,904,645$3,695,721
36$4,728,715$3,309,129$2,968,947$3,907,884
37$5,177,000$3,437,233$3,034,363$4,136,454
38$5,669,939$3,570,542$3,100,899$4,382,927
39$6,212,051$3,709,277$3,168,557$4,648,951
40$6,808,317$3,853,669$3,237,341$4,936,332
41$7,464,226$4,003,959$3,307,252$5,247,053
42$8,185,823$4,160,399$3,378,292$5,583,294
43$8,979,771$4,323,253$3,450,458$5,947,449
44$9,853,410$4,492,795$3,523,751$6,342,151
45$10,814,828$4,669,312$3,598,167$6,770,290
46$11,872,936$4,853,104$3,673,701$7,235,045
47$13,037,554$5,044,484$3,750,348$7,739,911
48$14,319,500$5,243,779$3,828,101$8,288,728
49$15,730,696$5,451,332$3,906,949$8,885,722
50$17,284,279$5,667,499$3,986,884$9,535,538
51$18,994,722$5,892,653$4,067,891$10,243,285
52$20,877,975$6,127,184$4,149,957$11,014,586
53$22,951,612$6,371,500$4,233,064$11,855,622
54$25,234,999$6,626,025$4,317,194$12,773,196
55$27,749,474$6,891,206$4,402,325$13,774,793
56$30,518,552$7,167,506$4,488,434$14,868,650
57$33,568,142$7,455,413$4,575,495$16,063,830
58$36,926,797$7,755,432$4,663,479$17,370,308
59$40,625,978$8,068,096$4,752,353$18,799,062
60$44,700,353$8,393,958$4,842,082$20,362,179
61$49,188,127$8,733,600$4,932,629$22,072,959
62$54,131,396$9,087,626$5,023,953$23,946,048
63$59,576,549$9,456,671$5,116,006$25,997,565
64$65,574,707$9,841,398$5,208,742$28,245,261
65$72,182,200$10,242,498$5,302,108$30,708,677
66$79,461,101$10,660,698$5,396,045$33,409,331
67$87,479,814$11,096,752$5,490,493$36,370,916
68$96,313,716$11,551,455$5,585,386$39,619,523
69$106,045,872$12,025,633$5,680,654$43,183,881
70$116,767,815$12,520,153$5,776,219$47,095,631
71$128,580,412$13,035,920$5,872,002$51,389,619
72$141,594,815$13,573,882$5,967,916$56,104,219
73$155,933,513$14,135,028$6,063,867$61,281,700
74$171,731,482$14,720,396$6,159,758$66,968,612
75$189,137,466$15,331,068$6,255,483$73,216,229
76$208,315,376$15,968,179$6,350,930$80,081,030
77$229,445,838$16,632,913$6,445,979$87,625,221
78$252,727,899$17,326,511$6,540,505$95,917,328
79$278,380,906$18,050,272$6,634,374$105,032,833
80$306,646,575$18,805,551$6,727,441$115,054,886
81$337,791,272$19,593,770$6,819,558$126,075,081
82$372,108,531$20,416,414$6,910,562$138,194,325
83$409,921,821$21,275,039$7,000,286$151,523,776
84$451,587,601$22,171,269$7,088,549$166,185,894
85$497,498,683$23,106,808$7,175,162$182,315,588
86$548,087,944$24,083,437$7,259,925$200,061,488
87$603,832,408$25,103,019$7,342,626$219,587,338
88$665,257,751$26,167,504$7,423,042$241,073,540
89$732,943,264$27,278,934$7,500,936$264,718,849
90$807,527,319$28,439,445$7,576,060$290,742,243
91$889,713,400$29,651,272$7,648,152$319,384,983
92$980,276,737$30,916,754$7,716,936$350,912,885
93$1,080,071,630$32,238,341$7,782,119$385,618,823
94$1,190,039,512$33,618,596$7,843,396$423,825,482
95$1,311,217,837$35,060,202$7,900,444$465,888,401
96$1,444,749,871$36,565,966$7,952,924$512,199,319
97$1,591,895,488$38,138,829$8,000,477$563,189,865
98$1,754,043,064$39,781,868$8,042,729$619,335,622
99$1,932,722,582$41,498,304$8,079,286$681,160,612
100$2,129,620,074$43,291,510$8,109,731$749,242,226