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%19.8%
1 years$208,925$207,064$205,248$203,476$201,746$193,818
2 years$103,428$101,502$99,635$97,825$96,069$88,179
3 years$68,267$66,333$64,471$62,677$60,950$53,346
4 years$50,690$48,762$46,918$45,156$43,470$36,210
5 years$40,147$38,230$36,410$34,684$33,045$26,148
6 years$33,120$31,217$29,425$27,737$26,148$19,617
7 years$28,103$26,216$24,452$22,804$21,265$15,099
8 years$24,342$22,472$20,737$19,130$17,641$11,834
9 years$21,418$19,566$17,861$16,294$14,857$9,399
10 years$19,080$17,247$15,572$14,046$12,659$7,540
11 years$17,169$15,354$13,709$12,224$10,887$6,096
12 years$15,577$13,781$12,167$10,722$9,434$4,959
13 years$14,232$12,454$10,870$9,466$8,227$4,052
14 years$13,079$11,320$9,767$8,403$7,212$3,325
15 years$12,081$10,341$8,818$7,494$6,350$2,736
16 years$11,209$9,488$7,995$6,710$5,612$2,257
17 years$10,440$8,738$7,275$6,029$4,976$1,866
18 years$9,757$8,074$6,641$5,433$4,424$1,545
19 years$9,147$7,483$6,080$4,909$3,943$1,281
20 years$8,599$6,954$5,580$4,446$3,522$1,064
21 years$8,103$6,477$5,132$4,035$3,152$884
22 years$7,653$6,046$4,730$3,669$2,825$735
23 years$7,243$5,655$4,367$3,342$2,536$612
24 years$6,868$5,298$4,039$3,048$2,280$509
25 years$6,523$4,972$3,741$2,783$2,051$424
26 years$6,205$4,673$3,470$2,545$1,848$353
27 years$5,911$4,398$3,222$2,329$1,666$294
28 years$5,639$4,144$2,995$2,134$1,503$245
29 years$5,386$3,909$2,787$1,957$1,357$205
30 years$5,150$3,692$2,596$1,796$1,226$171
31 years$4,930$3,490$2,420$1,650$1,109$142
32 years$4,724$3,302$2,258$1,516$1,003$119
33 years$4,531$3,127$2,109$1,394$908$99
34 years$4,350$2,964$1,970$1,283$822$83
35 years$4,179$2,811$1,842$1,181$744$69
36 years$4,018$2,668$1,723$1,088$674$58
37 years$3,867$2,534$1,613$1,002$611$48
38 years$3,723$2,409$1,510$924$554$40
39 years$3,587$2,290$1,415$852$503$33
40 years$3,459$2,179$1,326$785$456$28
41 years$3,337$2,074$1,244$725$414$23
42 years$3,221$1,975$1,167$669$375$19
43 years$3,111$1,882$1,095$617$341$16
44 years$3,006$1,794$1,027$570$309$14
45 years$2,906$1,711$965$526$281$11
46 years$2,811$1,632$906$486$255$9
47 years$2,720$1,558$851$449$231$8
48 years$2,633$1,487$800$415$210$7
49 years$2,550$1,420$752$384$191$5
50 years$2,470$1,356$707$355$173$5

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 $5,877 every year, while hoping to spend $32,433 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: 84/11/5 Blend
29$2,530,000$2,530,000$2,530,000$2,530,000
30$2,794,122$2,660,032$2,620,817$3,028,273
31$3,044,614$2,755,865$2,674,106$3,277,723
32$3,319,569$2,855,307$2,728,093$3,546,608
33$3,621,449$2,958,500$2,782,767$3,840,889
34$3,952,963$3,065,594$2,838,117$4,163,090
35$4,317,099$3,176,741$2,894,127$4,515,994
36$4,717,146$3,292,105$2,950,784$4,902,663
37$5,156,729$3,411,852$3,008,069$5,326,471
38$5,639,840$3,536,157$3,065,964$5,791,134
39$6,170,877$3,665,202$3,124,447$6,300,743
40$6,754,687$3,799,178$3,183,497$6,859,804
41$7,396,609$3,938,281$3,243,088$7,473,282
42$8,102,524$4,082,719$3,303,193$8,146,644
43$8,878,914$4,232,704$3,363,782$8,885,912
44$9,732,919$4,388,462$3,424,824$9,697,721
45$10,672,405$4,550,225$3,486,284$10,589,377
46$11,706,041$4,718,237$3,548,125$11,568,931
47$12,843,377$4,892,750$3,610,307$12,645,251
48$14,094,935$5,074,029$3,672,786$13,828,105
49$15,472,311$5,262,349$3,735,517$15,128,257
50$16,988,280$5,457,996$3,798,449$16,557,563
51$18,656,917$5,661,271$3,861,531$18,129,085
52$20,493,735$5,872,486$3,924,704$19,857,214
53$22,515,823$6,091,965$3,987,909$21,757,806
54$24,742,013$6,320,047$4,051,080$23,848,328
55$27,193,057$6,557,088$4,114,149$26,148,027
56$29,891,818$6,803,455$4,177,043$28,678,107
57$32,863,493$7,059,534$4,239,684$31,461,932
58$36,135,845$7,325,726$4,301,988$34,525,244
59$39,739,464$7,602,450$4,363,868$37,896,404
60$43,708,063$7,890,143$4,425,231$41,606,664
61$48,078,787$8,189,261$4,485,977$45,690,458
62$52,892,568$8,500,280$4,546,002$50,185,725
63$58,194,511$8,823,696$4,605,195$55,134,269
64$64,034,321$9,160,026$4,663,439$60,582,155
65$70,466,766$9,509,812$4,720,608$66,580,137
66$77,552,200$9,873,616$4,776,573$73,184,143
67$85,357,130$10,252,029$4,831,193$80,455,796
68$93,954,843$10,645,664$4,884,324$88,463,002
69$103,426,098$11,055,163$4,935,810$97,280,584
70$113,859,888$11,481,194$4,985,488$106,990,990
71$125,354,282$11,924,458$5,033,187$117,685,071
72$138,017,345$12,385,683$5,078,725$129,462,938
73$151,968,165$12,865,631$5,121,913$142,434,905
74$167,337,968$13,365,098$5,162,547$156,722,529
75$184,271,367$13,884,914$5,200,419$172,459,758
76$202,927,717$14,425,946$5,235,304$189,794,196
77$223,482,627$14,989,100$5,266,969$208,888,490
78$246,129,610$15,575,321$5,295,168$229,921,870
79$271,081,916$16,185,597$5,319,641$253,091,838
80$298,574,540$16,820,960$5,340,118$278,616,030
81$328,866,443$17,482,487$5,356,312$306,734,270
82$362,242,995$18,171,304$5,367,923$337,710,835
83$399,018,669$18,888,586$5,374,637$371,836,946
84$439,540,009$19,635,563$5,376,123$409,433,516
85$484,188,901$20,413,516$5,372,034$450,854,180
86$533,386,178$21,223,787$5,362,006$496,488,632
87$587,595,592$22,067,777$5,345,658$546,766,301
88$647,328,193$22,946,949$5,322,588$602,160,404
89$713,147,152$23,862,832$5,292,378$663,192,411
90$785,673,077$24,817,026$5,254,588$730,436,969
91$865,589,870$25,811,200$5,208,756$804,527,325
92$953,651,188$26,847,100$5,154,401$886,161,297
93$1,050,687,552$27,926,550$5,091,015$976,107,869
94$1,157,614,189$29,051,458$5,018,071$1,075,214,442
95$1,275,439,673$30,223,816$4,935,013$1,184,414,833
96$1,405,275,444$31,445,708$4,841,261$1,304,738,093
97$1,548,346,304$32,719,311$4,736,207$1,437,318,216
98$1,706,001,973$34,046,904$4,619,216$1,583,404,842
99$1,879,729,837$35,430,865$4,489,623$1,744,375,055
100$2,071,168,987$36,873,684$4,346,731$1,921,746,381