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%17.8%
1 years$207,273$205,427$203,626$201,868$200,151$193,822
2 years$102,611$100,700$98,848$97,052$95,310$88,991
3 years$67,728$65,808$63,961$62,182$60,469$54,357
4 years$50,289$48,376$46,547$44,799$43,127$37,271
5 years$39,829$37,927$36,122$34,410$32,784$27,199
6 years$32,858$30,971$29,192$27,518$25,941$20,631
7 years$27,881$26,009$24,259$22,624$21,097$16,063
8 years$24,149$22,295$20,574$18,979$17,502$12,739
9 years$21,249$19,411$17,720$16,166$14,739$10,243
10 years$18,930$17,110$15,449$13,935$12,559$8,322
11 years$17,033$15,232$13,601$12,127$10,801$6,816
12 years$15,454$13,672$12,070$10,637$9,360$5,618
13 years$14,119$12,355$10,784$9,391$8,162$4,655
14 years$12,976$11,230$9,690$8,337$7,155$3,872
15 years$11,986$10,259$8,748$7,435$6,300$3,233
16 years$11,120$9,413$7,932$6,657$5,568$2,706
17 years$10,357$8,669$7,217$5,981$4,937$2,270
18 years$9,680$8,010$6,589$5,390$4,389$1,908
19 years$9,075$7,424$6,032$4,871$3,912$1,606
20 years$8,531$6,899$5,535$4,411$3,495$1,354
21 years$8,039$6,426$5,092$4,003$3,127$1,143
22 years$7,593$5,998$4,693$3,640$2,803$965
23 years$7,186$5,610$4,333$3,315$2,516$816
24 years$6,813$5,256$4,007$3,024$2,262$690
25 years$6,471$4,933$3,711$2,761$2,035$584
26 years$6,156$4,636$3,442$2,525$1,833$495
27 years$5,864$4,363$3,196$2,311$1,653$419
28 years$5,594$4,111$2,971$2,117$1,491$355
29 years$5,343$3,878$2,765$1,942$1,347$301
30 years$5,109$3,663$2,576$1,782$1,217$255
31 years$4,891$3,463$2,401$1,637$1,100$216
32 years$4,687$3,276$2,240$1,504$995$183
33 years$4,495$3,103$2,092$1,383$901$156
34 years$4,315$2,941$1,954$1,273$815$132
35 years$4,146$2,789$1,827$1,171$738$112
36 years$3,986$2,647$1,709$1,079$669$95
37 years$3,836$2,514$1,600$994$606$81
38 years$3,694$2,390$1,498$916$550$68
39 years$3,559$2,272$1,404$845$499$58
40 years$3,432$2,162$1,316$779$452$49
41 years$3,311$2,058$1,234$719$410$42
42 years$3,196$1,960$1,157$664$372$35
43 years$3,086$1,867$1,086$612$338$30
44 years$2,982$1,780$1,019$566$307$26
45 years$2,883$1,697$957$522$278$22
46 years$2,789$1,619$899$482$253$18
47 years$2,698$1,545$845$446$230$16
48 years$2,612$1,475$794$412$208$13
49 years$2,530$1,409$746$381$189$11
50 years$2,451$1,346$701$352$172$10

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 $4,814 every year, while hoping to spend $30,162 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: 42/36/22 Blend
29$2,510,000$2,510,000$2,510,000$2,510,000
30$2,770,986$2,637,956$2,599,051$2,869,330
31$3,021,534$2,735,123$2,654,027$3,037,002
32$3,296,627$2,836,041$2,709,834$3,215,195
33$3,598,738$2,940,862$2,766,467$3,407,555
34$3,930,588$3,049,742$2,823,922$3,615,403
35$4,295,177$3,162,849$2,882,193$3,840,187
36$4,695,809$3,280,353$2,941,271$4,083,501
37$5,136,126$3,402,435$3,001,148$4,347,094
38$5,620,138$3,529,281$3,061,813$4,632,892
39$6,152,262$3,661,086$3,123,254$4,943,011
40$6,737,368$3,798,054$3,185,459$5,279,777
41$7,380,818$3,940,398$3,248,410$5,645,750
42$8,088,522$4,088,337$3,312,092$6,043,744
43$8,866,989$4,242,104$3,376,485$6,476,856
44$9,723,394$4,401,939$3,441,569$6,948,492
45$10,665,639$4,568,092$3,507,320$7,462,399
46$11,702,432$4,740,827$3,573,714$8,022,702
47$12,843,368$4,920,416$3,640,721$8,633,938
48$14,099,020$5,107,144$3,708,313$9,301,101
49$15,481,035$5,301,310$3,776,457$10,029,687
50$17,002,249$5,503,222$3,845,117$10,825,747
51$18,676,805$5,713,206$3,914,255$11,695,941
52$20,520,286$5,931,600$3,983,829$12,647,598
53$22,549,862$6,158,756$4,053,795$13,688,790
54$24,784,456$6,395,043$4,124,104$14,828,403
55$27,244,915$6,640,844$4,194,707$16,076,219
56$29,954,213$6,896,562$4,265,546$17,443,011
57$32,937,664$7,162,615$4,336,563$18,940,640
58$36,223,163$7,439,441$4,407,695$20,582,168
59$39,841,448$7,727,496$4,478,875$22,381,978
60$43,826,388$8,027,256$4,550,030$24,355,911
61$48,215,308$8,339,219$4,621,084$26,521,413
62$53,049,334$8,663,905$4,691,955$28,897,696
63$58,373,787$9,001,858$4,762,556$31,505,922
64$64,238,607$9,353,642$4,832,795$34,369,398
65$70,698,825$9,719,851$4,902,574$37,513,797
66$77,815,083$10,101,102$4,971,789$40,967,396
67$85,654,207$10,498,041$5,040,329$44,761,344
68$94,289,834$10,911,343$5,108,078$48,929,950
69$103,803,111$11,341,712$5,174,912$53,511,012
70$114,283,456$11,789,884$5,240,700$58,546,163
71$125,829,408$12,256,628$5,305,303$64,081,272
72$138,549,552$12,742,747$5,368,575$70,166,865
73$152,563,546$13,249,081$5,430,361$76,858,606
74$168,003,247$13,776,506$5,490,499$84,217,820
75$185,013,963$14,325,939$5,548,814$92,312,067
76$203,755,814$14,898,337$5,605,127$101,215,778
77$224,405,253$15,494,701$5,659,244$111,010,957
78$247,156,724$16,116,077$5,710,964$121,787,949
79$272,224,502$16,763,558$5,760,074$133,646,295
80$299,844,715$17,438,285$5,806,350$146,695,664
81$330,277,568$18,141,454$5,849,555$161,056,888
82$363,809,807$18,874,311$5,889,442$176,863,098
83$400,757,417$19,638,163$5,925,748$194,260,979
84$441,468,612$20,434,372$5,958,200$213,412,152
85$486,327,119$21,264,364$5,986,507$234,494,692
86$535,755,797$22,129,630$6,010,367$257,704,812
87$590,220,635$23,031,728$6,029,461$283,258,705
88$650,235,146$23,972,289$6,043,454$311,394,585
89$716,365,214$24,953,015$6,051,993$342,374,931
90$789,234,442$25,975,688$6,054,711$376,488,959
91$869,530,029$27,042,171$6,051,218$414,055,349
92$958,009,268$28,154,413$6,041,109$455,425,249
93$1,055,506,684$29,314,451$6,023,958$500,985,585
94$1,162,941,923$30,524,415$5,999,317$551,162,709
95$1,281,328,422$31,786,535$5,966,717$606,426,415
96$1,411,782,987$33,103,141$5,925,668$667,294,374
97$1,555,536,328$34,476,671$5,875,654$734,337,014
98$1,713,944,681$35,909,675$5,816,136$808,182,894
99$1,888,502,611$37,404,822$5,746,550$889,524,640
100$2,080,857,120$38,964,902$5,666,302$979,125,469