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

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 $2,530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$208,925$207,064$205,248$203,476$201,746$197,592
2 years$103,428$101,502$99,635$97,825$96,069$91,903
3 years$68,267$66,333$64,471$62,677$60,950$56,902
4 years$50,690$48,762$46,918$45,156$43,470$39,571
5 years$40,147$38,230$36,410$34,684$33,045$29,306
6 years$33,120$31,217$29,425$27,737$26,148$22,572
7 years$28,103$26,216$24,452$22,804$21,265$17,854
8 years$24,342$22,472$20,737$19,130$17,641$14,395
9 years$21,418$19,566$17,861$16,294$14,857$11,771
10 years$19,080$17,247$15,572$14,046$12,659$9,732
11 years$17,169$15,354$13,709$12,224$10,887$8,115
12 years$15,577$13,781$12,167$10,722$9,434$6,813
13 years$14,232$12,454$10,870$9,466$8,227$5,752
14 years$13,079$11,320$9,767$8,403$7,212$4,878
15 years$12,081$10,341$8,818$7,494$6,350$4,153
16 years$11,209$9,488$7,995$6,710$5,612$3,546
17 years$10,440$8,738$7,275$6,029$4,976$3,036
18 years$9,757$8,074$6,641$5,433$4,424$2,605
19 years$9,147$7,483$6,080$4,909$3,943$2,240
20 years$8,599$6,954$5,580$4,446$3,522$1,929
21 years$8,103$6,477$5,132$4,035$3,152$1,663
22 years$7,653$6,046$4,730$3,669$2,825$1,436
23 years$7,243$5,655$4,367$3,342$2,536$1,241
24 years$6,868$5,298$4,039$3,048$2,280$1,073
25 years$6,523$4,972$3,741$2,783$2,051$929
26 years$6,205$4,673$3,470$2,545$1,848$804
27 years$5,911$4,398$3,222$2,329$1,666$697
28 years$5,639$4,144$2,995$2,134$1,503$604
29 years$5,386$3,909$2,787$1,957$1,357$524
30 years$5,150$3,692$2,596$1,796$1,226$454
31 years$4,930$3,490$2,420$1,650$1,109$394
32 years$4,724$3,302$2,258$1,516$1,003$342
33 years$4,531$3,127$2,109$1,394$908$297
34 years$4,350$2,964$1,970$1,283$822$258
35 years$4,179$2,811$1,842$1,181$744$224
36 years$4,018$2,668$1,723$1,088$674$195
37 years$3,867$2,534$1,613$1,002$611$169
38 years$3,723$2,409$1,510$924$554$147
39 years$3,587$2,290$1,415$852$503$128
40 years$3,459$2,179$1,326$785$456$111
41 years$3,337$2,074$1,244$725$414$97
42 years$3,221$1,975$1,167$669$375$84
43 years$3,111$1,882$1,095$617$341$73
44 years$3,006$1,794$1,027$570$309$63
45 years$2,906$1,711$965$526$281$55
46 years$2,811$1,632$906$486$255$48
47 years$2,720$1,558$851$449$231$42
48 years$2,633$1,487$800$415$210$36
49 years$2,550$1,420$752$384$191$31
50 years$2,470$1,356$707$355$173$27

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 $4,641 every year, while hoping to spend $30,861 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: 65/30/5 Blend
29$2,530,000$2,530,000$2,530,000$2,530,000
30$2,792,847$2,658,757$2,619,542$2,972,196
31$3,044,882$2,756,200$2,674,461$3,189,343
32$3,321,589$2,857,384$2,730,185$3,422,356
33$3,625,455$2,962,459$2,786,709$3,676,090
34$3,959,213$3,071,582$2,844,026$3,952,556
35$4,325,880$3,184,916$2,902,129$4,253,962
36$4,728,776$3,302,633$2,961,006$4,582,741
37$5,171,560$3,424,911$3,020,648$4,941,570
38$5,658,261$3,551,934$3,081,042$5,333,392
39$6,193,322$3,683,896$3,142,175$5,761,449
40$6,781,632$3,820,999$3,204,030$6,229,309
41$7,428,583$3,963,452$3,266,589$6,740,895
42$8,140,113$4,111,476$3,329,834$7,300,532
43$8,922,763$4,265,297$3,393,742$7,912,975
44$9,783,744$4,425,155$3,458,291$8,583,462
45$10,730,996$4,591,298$3,523,454$9,317,759
46$11,773,271$4,763,986$3,589,204$10,122,216
47$12,920,212$4,943,488$3,655,509$11,003,821
48$14,182,441$5,130,087$3,722,337$11,970,272
49$15,571,666$5,324,076$3,789,650$13,030,046
50$17,100,784$5,525,764$3,857,412$14,192,475
51$18,784,007$5,735,470$3,925,578$15,467,839
52$20,636,996$5,953,528$3,994,105$16,867,458
53$22,677,006$6,180,287$4,062,944$18,403,799
54$24,923,050$6,416,111$4,132,042$20,090,594
55$27,396,080$6,661,379$4,201,345$21,942,967
56$30,119,182$6,916,489$4,270,791$23,977,577
57$33,117,794$7,181,852$4,340,319$26,212,771
58$36,419,948$7,457,902$4,409,859$28,668,762
59$40,056,533$7,745,089$4,479,338$31,367,813
60$44,061,584$8,043,883$4,548,681$34,334,448
61$48,472,607$8,354,775$4,617,804$37,595,685
62$53,330,933$8,678,279$4,686,620$41,181,283
63$58,682,102$9,014,929$4,755,036$45,124,028
64$64,576,300$9,365,284$4,822,953$49,460,039
65$71,068,828$9,729,928$4,890,267$54,229,107
66$78,220,625$10,109,471$4,956,868$59,475,068
67$86,098,843$10,504,549$5,022,637$65,246,219
68$94,777,480$10,915,827$5,087,450$71,595,766
69$104,338,079$11,343,999$5,151,176$78,582,331
70$114,870,498$11,789,790$5,213,675$86,270,501
71$126,473,757$12,253,958$5,274,802$94,731,434
72$139,256,972$12,737,294$5,334,399$104,043,532
73$153,340,386$13,240,624$5,392,305$114,293,177
74$168,856,503$13,764,812$5,448,345$125,575,545
75$185,951,340$14,310,761$5,502,337$137,995,500
76$204,785,801$14,879,413$5,554,090$151,668,588
77$225,537,200$15,471,752$5,603,400$166,722,119
78$248,400,935$16,088,808$5,650,055$183,296,367
79$273,592,328$16,731,657$5,693,829$201,545,895
80$301,348,659$17,401,422$5,734,486$221,641,010
81$331,931,408$18,099,278$5,771,777$243,769,366
82$365,628,722$18,826,452$5,805,441$268,137,736
83$402,758,130$19,584,227$5,835,202$294,973,957
84$443,669,550$20,373,945$5,860,772$324,529,082
85$488,748,582$21,197,006$5,881,846$357,079,742
86$538,420,155$22,054,877$5,898,106$392,930,758
87$593,152,534$22,949,089$5,909,215$432,418,014
88$653,461,742$23,881,243$5,914,823$475,911,624
89$719,916,429$24,853,014$5,914,559$523,819,420
90$793,143,245$25,866,152$5,908,037$576,590,802
91$873,832,749$26,922,486$5,894,849$634,720,974
92$962,745,932$28,023,931$5,874,570$698,755,614
93$1,060,721,401$29,172,488$5,846,752$769,296,023
94$1,168,683,293$30,370,248$5,810,926$847,004,795
95$1,287,649,999$31,619,401$5,766,603$932,612,067
96$1,418,743,781$32,922,233$5,713,266$1,026,922,411
97$1,563,201,363$34,281,140$5,650,377$1,130,822,417
98$1,722,385,609$35,698,622$5,577,371$1,245,289,064
99$1,897,798,386$37,177,299$5,493,658$1,371,398,933
100$2,091,094,743$38,719,909$5,398,618$1,510,338,366