Can I retire at age 30 with 2,530,000?

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 $2,530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$208,925$207,064$205,248$203,476$201,746$200,727
2 years$103,428$101,502$99,635$97,825$96,069$95,041
3 years$68,267$66,333$64,471$62,677$60,950$59,945
4 years$50,690$48,762$46,918$45,156$43,470$42,495
5 years$40,147$38,230$36,410$34,684$33,045$32,103
6 years$33,120$31,217$29,425$27,737$26,148$25,239
7 years$28,103$26,216$24,452$22,804$21,265$20,392
8 years$24,342$22,472$20,737$19,130$17,641$16,803
9 years$21,418$19,566$17,861$16,294$14,857$14,052
10 years$19,080$17,247$15,572$14,046$12,659$11,889
11 years$17,169$15,354$13,709$12,224$10,887$10,151
12 years$15,577$13,781$12,167$10,722$9,434$8,731
13 years$14,232$12,454$10,870$9,466$8,227$7,556
14 years$13,079$11,320$9,767$8,403$7,212$6,573
15 years$12,081$10,341$8,818$7,494$6,350$5,742
16 years$11,209$9,488$7,995$6,710$5,612$5,034
17 years$10,440$8,738$7,275$6,029$4,976$4,427
18 years$9,757$8,074$6,641$5,433$4,424$3,904
19 years$9,147$7,483$6,080$4,909$3,943$3,450
20 years$8,599$6,954$5,580$4,446$3,522$3,055
21 years$8,103$6,477$5,132$4,035$3,152$2,711
22 years$7,653$6,046$4,730$3,669$2,825$2,408
23 years$7,243$5,655$4,367$3,342$2,536$2,143
24 years$6,868$5,298$4,039$3,048$2,280$1,909
25 years$6,523$4,972$3,741$2,783$2,051$1,702
26 years$6,205$4,673$3,470$2,545$1,848$1,519
27 years$5,911$4,398$3,222$2,329$1,666$1,357
28 years$5,639$4,144$2,995$2,134$1,503$1,213
29 years$5,386$3,909$2,787$1,957$1,357$1,085
30 years$5,150$3,692$2,596$1,796$1,226$971
31 years$4,930$3,490$2,420$1,650$1,109$869
32 years$4,724$3,302$2,258$1,516$1,003$778
33 years$4,531$3,127$2,109$1,394$908$698
34 years$4,350$2,964$1,970$1,283$822$625
35 years$4,179$2,811$1,842$1,181$744$561
36 years$4,018$2,668$1,723$1,088$674$503
37 years$3,867$2,534$1,613$1,002$611$451
38 years$3,723$2,409$1,510$924$554$405
39 years$3,587$2,290$1,415$852$503$364
40 years$3,459$2,179$1,326$785$456$327
41 years$3,337$2,074$1,244$725$414$293
42 years$3,221$1,975$1,167$669$375$263
43 years$3,111$1,882$1,095$617$341$237
44 years$3,006$1,794$1,027$570$309$212
45 years$2,906$1,711$965$526$281$191
46 years$2,811$1,632$906$486$255$172
47 years$2,720$1,558$851$449$231$154
48 years$2,633$1,487$800$415$210$139
49 years$2,550$1,420$752$384$191$124
50 years$2,470$1,356$707$355$173$112

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,530,000, adding $5,421 every year, while hoping to spend $43,571 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: 47/30/23 Blend
29$2,530,000$2,530,000$2,530,000$2,530,000
30$2,793,652$2,659,562$2,620,347$2,906,384
31$3,032,245$2,743,521$2,661,769$3,069,884
32$3,293,715$2,830,134$2,703,119$3,242,498
33$3,580,348$2,919,485$2,744,348$3,428,982
34$3,894,663$3,011,660$2,785,404$3,630,655
35$4,239,437$3,106,749$2,826,232$3,848,969
36$4,617,724$3,204,844$2,866,776$4,085,523
37$5,032,891$3,306,041$2,906,972$4,342,076
38$5,488,646$3,410,437$2,946,756$4,620,564
39$5,989,074$3,518,134$2,986,058$4,923,118
40$6,538,674$3,629,237$3,024,805$5,252,084
41$7,142,402$3,743,854$3,062,920$5,610,045
42$7,805,720$3,862,095$3,100,320$5,999,844
43$8,534,641$3,984,076$3,136,919$6,424,614
44$9,335,795$4,109,916$3,172,626$6,887,801
45$10,216,480$4,239,736$3,207,343$7,393,204
46$11,184,741$4,373,663$3,240,969$7,945,004
47$12,249,439$4,511,827$3,273,396$8,547,805
48$13,420,338$4,654,362$3,304,511$9,206,681
49$14,708,194$4,801,408$3,334,194$9,927,219
50$16,124,860$4,953,107$3,362,319$10,715,571
51$17,683,393$5,109,606$3,388,754$11,578,517
52$19,398,181$5,271,059$3,413,359$12,523,523
53$21,285,076$5,437,622$3,435,988$13,558,815
54$23,361,546$5,609,457$3,456,485$14,693,454
55$25,646,835$5,786,732$3,474,689$15,937,422
56$28,162,150$5,969,620$3,490,429$17,301,717
57$30,930,856$6,158,298$3,503,525$18,798,454
58$33,978,700$6,352,951$3,513,790$20,440,981
59$37,334,049$6,553,768$3,521,024$22,244,005
60$41,028,165$6,760,945$3,525,021$24,223,728
61$45,095,490$6,974,684$3,525,561$26,398,004
62$49,573,980$7,195,193$3,522,418$28,786,500
63$54,505,457$7,422,688$3,515,349$31,410,890
64$59,936,004$7,657,390$3,504,104$34,295,053
65$65,916,403$7,899,530$3,488,419$37,465,299
66$72,502,612$8,149,342$3,468,016$40,950,621
67$79,756,289$8,407,071$3,442,606$44,782,962
68$87,745,382$8,672,969$3,411,884$48,997,522
69$96,544,762$8,947,295$3,375,533$53,633,086
70$106,236,933$9,230,318$3,333,219$58,732,392
71$116,912,811$9,522,314$3,284,592$64,342,533
72$128,672,579$9,823,568$3,229,287$70,515,401
73$141,626,635$10,134,376$3,166,922$77,308,178
74$155,896,633$10,455,042$3,097,094$84,783,873
75$171,616,629$10,785,878$3,019,386$93,011,921
76$188,934,348$11,127,210$2,933,359$102,068,830
77$208,012,579$11,479,370$2,838,554$112,038,913
78$229,030,708$11,842,705$2,734,491$123,015,076
79$252,186,412$12,217,570$2,620,669$135,099,697
80$277,697,528$12,604,332$2,496,563$148,405,592
81$305,804,102$13,003,371$2,361,624$163,057,083
82$336,770,662$13,415,077$2,215,280$179,191,164
83$370,888,708$13,839,856$2,056,931$196,958,803
84$408,479,471$14,278,122$1,885,952$216,526,357
85$449,896,934$14,730,308$1,701,689$238,077,152
86$495,531,184$15,196,856$1,503,459$261,813,206
87$545,812,088$15,678,225$1,290,547$287,957,140
88$601,213,350$16,174,887$1,062,210$316,754,276
89$662,256,987$16,687,332$817,670$348,474,957
90$729,518,252$17,216,063$556,113$383,417,095
91$803,631,063$17,761,599$276,692$421,908,985
92$885,293,992$18,324,478$0$464,312,405
93$975,276,856$18,905,254$0$511,031,304
94$1,074,427,982$19,504,499$0$562,572,549
95$1,183,682,219$20,122,802$0$619,352,544
96$1,304,069,760$20,760,774$0$681,905,058
97$1,436,725,867$21,419,043$0$750,818,284
98$1,582,901,587$22,098,259$0$826,740,394
99$1,743,975,566$22,799,090$0$910,385,650
100$1,921,467,059$23,522,231$0$1,002,541,152