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%11.1%
1 years$209,751$207,882$206,060$204,280$202,543$201,605
2 years$103,837$101,903$100,029$98,212$96,449$95,502
3 years$68,537$66,595$64,725$62,925$61,191$60,265
4 years$50,891$48,954$47,103$45,334$43,642$42,743
5 years$40,305$38,381$36,554$34,821$33,176$32,307
6 years$33,251$31,341$29,541$27,847$26,251$25,414
7 years$28,214$26,320$24,549$22,894$21,349$20,544
8 years$24,438$22,561$20,819$19,205$17,711$16,938
9 years$21,503$19,643$17,932$16,359$14,915$14,174
10 years$19,156$17,315$15,633$14,101$12,709$11,998
11 years$17,237$15,414$13,763$12,272$10,930$10,250
12 years$15,639$13,835$12,215$10,765$9,472$8,823
13 years$14,288$12,503$10,913$9,503$8,259$7,640
14 years$13,131$11,365$9,805$8,436$7,240$6,650
15 years$12,129$10,382$8,853$7,524$6,375$5,813
16 years$11,253$9,525$8,026$6,737$5,634$5,100
17 years$10,481$8,772$7,304$6,053$4,996$4,488
18 years$9,796$8,106$6,667$5,455$4,442$3,960
19 years$9,183$7,513$6,104$4,929$3,959$3,503
20 years$8,633$6,981$5,602$4,464$3,536$3,104
21 years$8,135$6,503$5,152$4,051$3,165$2,756
22 years$7,683$6,070$4,749$3,684$2,837$2,450
23 years$7,272$5,677$4,385$3,355$2,546$2,182
24 years$6,895$5,319$4,055$3,060$2,289$1,945
25 years$6,549$4,992$3,756$2,794$2,059$1,735
26 years$6,229$4,691$3,483$2,555$1,855$1,550
27 years$5,934$4,415$3,235$2,339$1,673$1,386
28 years$5,661$4,160$3,007$2,143$1,509$1,239
29 years$5,407$3,925$2,798$1,965$1,363$1,110
30 years$5,170$3,707$2,606$1,803$1,231$994
31 years$4,949$3,504$2,430$1,656$1,113$891
32 years$4,743$3,315$2,267$1,522$1,007$798
33 years$4,549$3,140$2,117$1,400$911$716
34 years$4,367$2,976$1,978$1,288$825$642
35 years$4,195$2,822$1,849$1,185$747$577
36 years$4,034$2,679$1,730$1,092$677$518
37 years$3,882$2,544$1,619$1,006$614$465
38 years$3,738$2,418$1,516$927$556$418
39 years$3,602$2,299$1,421$855$505$375
40 years$3,473$2,188$1,331$789$458$337
41 years$3,350$2,082$1,248$728$415$303
42 years$3,234$1,983$1,171$671$377$272
43 years$3,123$1,890$1,099$620$342$245
44 years$3,018$1,801$1,032$572$310$220
45 years$2,918$1,718$969$529$282$198
46 years$2,822$1,639$910$488$256$178
47 years$2,731$1,564$855$451$232$160
48 years$2,643$1,493$803$417$211$144
49 years$2,560$1,425$755$385$192$130
50 years$2,480$1,362$710$356$174$117

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 $4,047 every year, while hoping to spend $38,826 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: 52/42/6 Blend
29$2,540,000$2,540,000$2,540,000$2,540,000
30$2,803,254$2,668,634$2,629,264$2,944,849
31$3,047,876$2,758,087$2,676,034$3,130,778
32$3,316,147$2,850,621$2,723,070$3,328,292
33$3,610,440$2,946,348$2,770,338$3,542,142
34$3,933,367$3,045,380$2,817,806$3,773,871
35$4,287,803$3,147,837$2,865,436$4,025,179
36$4,676,919$3,253,841$2,913,188$4,297,934
37$5,104,205$3,363,520$2,961,020$4,594,189
38$5,573,507$3,477,005$3,008,887$4,916,204
39$6,089,061$3,594,435$3,056,741$5,266,464
40$6,655,534$3,715,950$3,104,530$5,647,703
41$7,278,066$3,841,700$3,152,200$6,062,928
42$7,962,323$3,971,837$3,199,693$6,515,449
43$8,714,543$4,106,521$3,246,946$7,008,909
44$9,541,602$4,245,916$3,293,894$7,547,315
45$10,451,074$4,390,193$3,340,468$8,135,080
46$11,451,302$4,539,532$3,386,592$8,777,059
47$12,551,482$4,694,116$3,432,190$9,478,597
48$13,761,743$4,854,137$3,477,178$10,245,578
49$15,093,246$5,019,795$3,521,469$11,084,481
50$16,558,287$5,191,296$3,564,969$12,002,438
51$18,170,418$5,368,854$3,607,580$13,007,302
52$19,944,566$5,552,694$3,649,199$14,107,719
53$21,897,181$5,743,045$3,689,717$15,313,212
54$24,046,389$5,940,149$3,729,018$16,634,266
55$26,412,160$6,144,256$3,766,979$18,082,427
56$29,016,500$6,355,625$3,803,473$19,670,414
57$31,883,657$6,574,525$3,838,364$21,412,230
58$35,040,351$6,801,237$3,871,509$23,323,302
59$38,516,020$7,036,051$3,902,758$25,420,619
60$42,343,107$7,279,270$3,931,953$27,722,895
61$46,557,357$7,531,208$3,958,928$30,250,743
62$51,198,162$7,792,192$3,983,506$33,026,867
63$56,308,925$8,062,560$4,005,504$36,076,279
64$61,937,476$8,342,665$4,024,729$39,426,531
65$68,136,518$8,632,875$4,040,976$43,107,971
66$74,964,126$8,933,570$4,054,033$47,154,036
67$82,484,298$9,245,145$4,063,674$51,601,559
68$90,767,553$9,568,014$4,069,663$56,491,117
69$99,891,600$9,902,604$4,071,754$61,867,414
70$109,942,071$10,249,359$4,069,686$67,779,701
71$121,013,329$10,608,744$4,063,187$74,282,239
72$133,209,356$10,981,240$4,051,971$81,434,809
73$146,644,736$11,367,347$4,035,738$89,303,275
74$161,445,738$11,767,586$4,014,174$97,960,204
75$177,751,505$12,182,499$3,986,950$107,485,547
76$195,715,366$12,612,648$3,953,720$117,967,398
77$215,506,286$13,058,622$3,914,123$129,502,817
78$237,310,462$13,521,028$3,867,781$142,198,744
79$261,333,073$14,000,503$3,814,295$156,173,014
80$287,800,224$14,497,705$3,753,252$171,555,459
81$316,961,076$15,013,322$3,684,215$188,489,133
82$349,090,200$15,548,069$3,606,731$207,131,665
83$384,490,167$16,102,691$3,520,322$227,656,737
84$423,494,402$16,677,960$3,424,491$250,255,727
85$466,470,335$17,274,685$3,318,716$275,139,511
86$513,822,868$17,893,704$3,202,452$302,540,450
87$565,998,195$18,535,890$3,075,129$332,714,580
88$623,488,016$19,202,153$2,936,150$365,944,030
89$686,834,175$19,893,440$2,784,893$402,539,677
90$756,633,780$20,610,737$2,620,705$442,844,083
91$833,544,833$21,355,071$2,442,907$487,234,720
92$918,292,448$22,127,511$2,250,786$536,127,534
93$1,011,675,690$22,929,171$2,043,599$589,980,867
94$1,114,575,121$23,761,211$1,820,570$649,299,781
95$1,227,961,112$24,624,839$1,580,888$714,640,818
96$1,352,903,002$25,521,314$1,323,706$786,617,256
97$1,490,579,197$26,451,947$1,048,138$865,904,892
98$1,642,288,286$27,418,103$753,261$953,248,414
99$1,809,461,307$28,421,206$438,112$1,049,468,433
100$1,993,675,254$29,462,739$101,682$1,155,469,221