Can I retire at age 30 with 2,540,000?

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 $2,540,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$209,751$207,882$206,060$204,280$202,543$196,060
2 years$103,837$101,903$100,029$98,212$96,449$89,977
3 years$68,537$66,595$64,725$62,925$61,191$54,933
4 years$50,891$48,954$47,103$45,334$43,642$37,647
5 years$40,305$38,381$36,554$34,821$33,176$27,459
6 years$33,251$31,341$29,541$27,847$26,251$20,817
7 years$28,214$26,320$24,549$22,894$21,349$16,198
8 years$24,438$22,561$20,819$19,205$17,711$12,839
9 years$21,503$19,643$17,932$16,359$14,915$10,317
10 years$19,156$17,315$15,633$14,101$12,709$8,377
11 years$17,237$15,414$13,763$12,272$10,930$6,856
12 years$15,639$13,835$12,215$10,765$9,472$5,648
13 years$14,288$12,503$10,913$9,503$8,259$4,676
14 years$13,131$11,365$9,805$8,436$7,240$3,888
15 years$12,129$10,382$8,853$7,524$6,375$3,243
16 years$11,253$9,525$8,026$6,737$5,634$2,712
17 years$10,481$8,772$7,304$6,053$4,996$2,274
18 years$9,796$8,106$6,667$5,455$4,442$1,910
19 years$9,183$7,513$6,104$4,929$3,959$1,607
20 years$8,633$6,981$5,602$4,464$3,536$1,353
21 years$8,135$6,503$5,152$4,051$3,165$1,141
22 years$7,683$6,070$4,749$3,684$2,837$963
23 years$7,272$5,677$4,385$3,355$2,546$814
24 years$6,895$5,319$4,055$3,060$2,289$688
25 years$6,549$4,992$3,756$2,794$2,059$581
26 years$6,229$4,691$3,483$2,555$1,855$492
27 years$5,934$4,415$3,235$2,339$1,673$416
28 years$5,661$4,160$3,007$2,143$1,509$353
29 years$5,407$3,925$2,798$1,965$1,363$299
30 years$5,170$3,707$2,606$1,803$1,231$253
31 years$4,949$3,504$2,430$1,656$1,113$214
32 years$4,743$3,315$2,267$1,522$1,007$182
33 years$4,549$3,140$2,117$1,400$911$154
34 years$4,367$2,976$1,978$1,288$825$130
35 years$4,195$2,822$1,849$1,185$747$111
36 years$4,034$2,679$1,730$1,092$677$94
37 years$3,882$2,544$1,619$1,006$614$79
38 years$3,738$2,418$1,516$927$556$67
39 years$3,602$2,299$1,421$855$505$57
40 years$3,473$2,188$1,331$789$458$48
41 years$3,350$2,082$1,248$728$415$41
42 years$3,234$1,983$1,171$671$377$35
43 years$3,123$1,890$1,099$620$342$30
44 years$3,018$1,801$1,032$572$310$25
45 years$2,918$1,718$969$529$282$21
46 years$2,822$1,639$910$488$256$18
47 years$2,731$1,564$855$451$232$15
48 years$2,643$1,493$803$417$211$13
49 years$2,560$1,425$755$385$192$11
50 years$2,480$1,362$710$356$174$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,540,000, adding $4,695 every year, while hoping to spend $53,137 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: 85/6/9 Blend
29$2,540,000$2,540,000$2,540,000$2,540,000
30$2,803,923$2,669,303$2,629,933$3,038,615
31$3,033,386$2,743,561$2,661,498$3,266,850
32$3,284,473$2,819,678$2,692,340$3,509,868
33$3,559,334$2,897,686$2,722,378$3,775,204
34$3,860,335$2,977,623$2,751,528$4,065,070
35$4,190,085$3,059,522$2,779,699$4,381,903
36$4,551,453$3,143,417$2,806,798$4,728,384
37$4,947,600$3,229,344$2,832,725$5,107,468
38$5,382,010$3,317,336$2,857,376$5,522,409
39$5,858,516$3,407,427$2,880,639$5,976,792
40$6,381,344$3,499,650$2,902,400$6,474,565
41$6,955,146$3,594,038$2,922,535$7,020,077
42$7,585,047$3,690,622$2,940,916$7,618,119
43$8,276,693$3,789,434$2,957,408$8,273,969
44$9,036,303$3,890,503$2,971,869$8,993,441
45$9,870,728$3,993,860$2,984,148$9,782,941
46$10,787,514$4,099,532$2,994,090$10,649,526
47$11,794,978$4,207,546$3,001,529$11,600,970
48$12,902,277$4,317,927$3,006,292$12,645,839
49$14,119,504$4,430,700$3,008,197$13,793,570
50$15,457,775$4,545,886$3,007,053$15,054,561
51$16,929,340$4,663,506$3,002,661$16,440,267
52$18,547,693$4,783,578$2,994,810$17,963,312
53$20,327,702$4,906,117$2,983,281$19,637,603
54$22,285,748$5,031,138$2,967,841$21,478,464
55$24,439,880$5,158,650$2,948,250$23,502,780
56$26,809,986$5,288,661$2,924,254$25,729,156
57$29,417,974$5,421,176$2,895,587$28,178,091
58$32,287,989$5,556,195$2,861,971$30,872,175
59$35,446,631$5,693,715$2,823,114$33,836,297
60$38,923,210$5,833,730$2,778,711$37,097,885
61$42,750,023$5,976,228$2,728,443$40,687,159
62$46,962,655$6,121,193$2,671,975$44,637,421
63$51,600,317$6,268,603$2,608,958$48,985,368
64$56,706,216$6,418,431$2,539,025$53,771,434
65$62,327,961$6,570,645$2,461,793$59,040,178
66$68,518,012$6,725,206$2,376,862$64,840,701
67$75,334,175$6,882,067$2,283,812$71,227,107
68$82,840,147$7,041,174$2,182,206$78,259,018
69$91,106,118$7,202,468$2,071,586$86,002,136
70$100,209,431$7,365,877$1,951,473$94,528,857
71$110,235,311$7,531,324$1,821,366$103,918,964
72$121,277,674$7,698,720$1,680,743$114,260,372
73$133,440,007$7,867,967$1,529,057$125,649,961
74$146,836,345$8,038,955$1,365,739$138,194,489
75$161,592,352$8,211,564$1,190,191$152,011,602
76$177,846,501$8,385,659$1,001,791$167,230,943
77$195,751,383$8,561,095$799,889$183,995,374
78$215,475,145$8,737,710$583,807$202,462,327
79$237,203,080$8,915,328$352,835$222,805,288
80$261,139,374$9,093,758$106,234$245,215,438
81$287,509,028$9,272,791$0$269,903,453
82$316,559,991$9,452,200$0$297,116,566
83$348,565,491$9,631,739$0$327,107,415
84$383,826,618$9,811,141$0$360,147,801
85$422,675,165$9,990,118$0$396,548,496
86$465,476,757$10,168,359$0$436,651,963
87$512,634,307$10,345,530$0$480,835,587
88$564,591,813$10,521,267$0$529,515,240
89$621,838,552$10,695,183$0$583,149,203
90$684,913,697$10,866,860$0$642,242,493
91$754,411,406$11,035,848$0$707,351,630
92$830,986,432$11,201,668$0$779,089,889
93$915,360,301$11,363,802$0$858,133,092
94$1,008,328,121$11,521,697$0$945,225,983
95$1,110,766,093$11,674,764$0$1,041,189,260
96$1,223,639,775$11,822,368$0$1,146,927,325
97$1,348,013,203$11,963,835$0$1,263,436,813
98$1,485,058,929$12,098,442$0$1,391,816,012
99$1,636,069,093$12,225,419$0$1,533,275,219
100$1,802,467,619$12,343,943$0$1,689,148,173