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

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 $2,510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$207,273$205,427$203,626$201,868$200,151$196,593
2 years$102,611$100,700$98,848$97,052$95,310$91,737
3 years$67,728$65,808$63,961$62,182$60,469$56,992
4 years$50,289$48,376$46,547$44,799$43,127$39,774
5 years$39,829$37,927$36,122$34,410$32,784$29,565
6 years$32,858$30,971$29,192$27,518$25,941$22,859
7 years$27,881$26,009$24,259$22,624$21,097$18,152
8 years$24,149$22,295$20,574$18,979$17,502$14,694
9 years$21,249$19,411$17,720$16,166$14,739$12,067
10 years$18,930$17,110$15,449$13,935$12,559$10,019
11 years$17,033$15,232$13,601$12,127$10,801$8,391
12 years$15,454$13,672$12,070$10,637$9,360$7,077
13 years$14,119$12,355$10,784$9,391$8,162$6,003
14 years$12,976$11,230$9,690$8,337$7,155$5,115
15 years$11,986$10,259$8,748$7,435$6,300$4,376
16 years$11,120$9,413$7,932$6,657$5,568$3,755
17 years$10,357$8,669$7,217$5,981$4,937$3,231
18 years$9,680$8,010$6,589$5,390$4,389$2,787
19 years$9,075$7,424$6,032$4,871$3,912$2,408
20 years$8,531$6,899$5,535$4,411$3,495$2,085
21 years$8,039$6,426$5,092$4,003$3,127$1,807
22 years$7,593$5,998$4,693$3,640$2,803$1,568
23 years$7,186$5,610$4,333$3,315$2,516$1,363
24 years$6,813$5,256$4,007$3,024$2,262$1,185
25 years$6,471$4,933$3,711$2,761$2,035$1,031
26 years$6,156$4,636$3,442$2,525$1,833$898
27 years$5,864$4,363$3,196$2,311$1,653$783
28 years$5,594$4,111$2,971$2,117$1,491$682
29 years$5,343$3,878$2,765$1,942$1,347$595
30 years$5,109$3,663$2,576$1,782$1,217$519
31 years$4,891$3,463$2,401$1,637$1,100$453
32 years$4,687$3,276$2,240$1,504$995$396
33 years$4,495$3,103$2,092$1,383$901$346
34 years$4,315$2,941$1,954$1,273$815$302
35 years$4,146$2,789$1,827$1,171$738$264
36 years$3,986$2,647$1,709$1,079$669$231
37 years$3,836$2,514$1,600$994$606$202
38 years$3,694$2,390$1,498$916$550$176
39 years$3,559$2,272$1,404$845$499$154
40 years$3,432$2,162$1,316$779$452$135
41 years$3,311$2,058$1,234$719$410$118
42 years$3,196$1,960$1,157$664$372$103
43 years$3,086$1,867$1,086$612$338$90
44 years$2,982$1,780$1,019$566$307$79
45 years$2,883$1,697$957$522$278$69
46 years$2,789$1,619$899$482$253$60
47 years$2,698$1,545$845$446$230$53
48 years$2,612$1,475$794$412$208$46
49 years$2,530$1,409$746$381$189$40
50 years$2,451$1,346$701$352$172$35

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 $5,201 every year, while hoping to spend $21,850 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: 49/41/10 Blend
29$2,510,000$2,510,000$2,510,000$2,510,000
30$2,771,385$2,638,355$2,599,450$2,899,482
31$3,030,818$2,744,386$2,663,283$3,093,871
32$3,315,981$2,854,880$2,728,523$3,302,172
33$3,629,475$2,970,034$2,795,192$3,527,925
34$3,974,166$3,090,050$2,863,316$3,772,767
35$4,353,212$3,215,144$2,932,918$4,038,498
36$4,770,092$3,345,538$3,004,023$4,327,096
37$5,228,638$3,481,466$3,076,655$4,640,732
38$5,733,074$3,623,173$3,150,838$4,981,796
39$6,288,053$3,770,913$3,226,596$5,352,911
40$6,898,701$3,924,954$3,303,953$5,756,964
41$7,570,666$4,085,576$3,382,934$6,197,127
42$8,310,174$4,253,068$3,463,562$6,676,890
43$9,124,082$4,427,738$3,545,861$7,200,089
44$10,019,945$4,609,905$3,629,854$7,770,944
45$11,006,091$4,799,901$3,715,566$8,394,097
46$12,091,693$4,998,077$3,803,018$9,074,655
47$13,286,860$5,204,798$3,892,233$9,818,236
48$14,602,731$5,420,444$3,983,235$10,631,021
49$16,051,581$5,645,417$4,076,044$11,519,812
50$17,646,933$5,880,134$4,170,683$12,492,095
51$19,403,691$6,125,031$4,267,172$13,556,106
52$21,338,277$6,380,567$4,365,532$14,720,913
53$23,468,786$6,647,220$4,465,782$15,996,494
54$25,815,159$6,925,490$4,567,941$17,393,833
55$28,399,366$7,215,900$4,672,029$18,925,023
56$31,245,621$7,518,999$4,778,061$20,603,376
57$34,380,604$7,835,360$4,886,056$22,443,545
58$37,833,716$8,165,582$4,996,029$24,461,668
59$41,637,352$8,510,293$5,107,993$26,675,508
60$45,827,215$8,870,150$5,221,963$29,104,628
61$50,442,643$9,245,839$5,337,951$31,770,566
62$55,526,988$9,638,081$5,455,968$34,697,044
63$61,128,021$10,047,627$5,576,023$37,910,179
64$67,298,383$10,475,265$5,698,124$41,438,739
65$74,096,085$10,921,819$5,822,278$45,314,401
66$81,585,050$11,388,153$5,948,489$49,572,056
67$89,835,721$11,875,169$6,076,759$54,250,130
68$98,925,724$12,383,811$6,207,090$59,390,946
69$108,940,600$12,915,070$6,339,480$65,041,120
70$119,974,614$13,469,982$6,473,925$71,251,998
71$132,131,642$14,049,629$6,610,420$78,080,138
72$145,526,156$14,655,146$6,748,955$85,587,838
73$160,284,298$15,287,723$6,889,519$93,843,723
74$176,545,076$15,948,601$7,032,098$102,923,388
75$194,461,675$16,639,083$7,176,674$112,910,109
76$214,202,901$17,360,533$7,323,227$123,895,621
77$235,954,774$18,114,377$7,471,733$135,980,984
78$259,922,289$18,902,110$7,622,164$149,277,529
79$286,331,345$19,725,295$7,774,489$163,907,909
80$315,430,879$20,585,571$7,928,671$180,007,245
81$347,495,218$21,484,654$8,084,671$197,724,401
82$382,826,668$22,424,339$8,242,445$217,223,386
83$421,758,363$23,406,507$8,401,942$238,684,889
84$464,657,418$24,433,128$8,563,109$262,307,986
85$511,928,387$25,506,263$8,725,886$288,312,010
86$564,017,086$26,628,074$8,890,206$316,938,615
87$621,414,800$27,800,821$9,056,000$348,454,050
88$684,662,923$29,026,874$9,223,189$383,151,669
89$754,358,064$30,308,714$9,391,689$421,354,687
90$831,157,685$31,648,939$9,561,408$463,419,229
91$915,786,302$33,050,271$9,732,249$509,737,680
92$1,009,042,330$34,515,559$9,904,104$560,742,383
93$1,111,805,616$36,047,791$10,076,861$616,909,711
94$1,225,045,749$37,650,092$10,250,395$678,764,553
95$1,349,831,207$39,325,738$10,424,575$746,885,265
96$1,487,339,452$41,078,161$10,599,260$821,909,112
97$1,638,868,040$42,910,955$10,774,300$904,538,279
98$1,805,846,873$44,827,885$10,949,532$995,546,488
99$1,989,851,698$46,832,894$11,124,784$1,095,786,290
100$2,192,618,980$48,930,115$11,299,874$1,206,197,099