Can I retire at age 30 with 2,550,000?

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 $2,550,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$210,577$208,701$206,871$205,085$203,341$199,562
2 years$104,246$102,304$100,423$98,598$96,829$93,036
3 years$68,807$66,857$64,980$63,173$61,432$57,743
4 years$51,091$49,147$47,289$45,513$43,814$40,257
5 years$40,464$38,532$36,698$34,958$33,307$29,893
6 years$33,382$31,464$29,658$27,956$26,354$23,087
7 years$28,325$26,424$24,646$22,984$21,433$18,313
8 years$24,534$22,650$20,901$19,281$17,781$14,807
9 years$21,587$19,721$18,002$16,423$14,974$12,145
10 years$19,231$17,383$15,695$14,157$12,759$10,072
11 years$17,305$15,475$13,818$12,321$10,973$8,425
12 years$15,701$13,889$12,263$10,807$9,509$7,096
13 years$14,344$12,552$10,956$9,541$8,292$6,011
14 years$13,183$11,409$9,844$8,469$7,269$5,115
15 years$12,177$10,423$8,888$7,553$6,400$4,370
16 years$11,297$9,563$8,058$6,763$5,656$3,745
17 years$10,522$8,807$7,332$6,077$5,015$3,218
18 years$9,834$8,138$6,694$5,476$4,459$2,771
19 years$9,219$7,542$6,128$4,948$3,975$2,391
20 years$8,667$7,009$5,624$4,482$3,550$2,067
21 years$8,167$6,528$5,173$4,067$3,177$1,789
22 years$7,714$6,094$4,767$3,698$2,848$1,550
23 years$7,300$5,699$4,402$3,368$2,556$1,345
24 years$6,922$5,340$4,071$3,072$2,298$1,168
25 years$6,574$5,011$3,771$2,805$2,068$1,015
26 years$6,254$4,710$3,497$2,565$1,862$882
27 years$5,958$4,433$3,247$2,348$1,679$767
28 years$5,683$4,177$3,019$2,151$1,515$668
29 years$5,428$3,940$2,809$1,973$1,368$582
30 years$5,191$3,721$2,617$1,810$1,236$507
31 years$4,969$3,518$2,439$1,663$1,118$442
32 years$4,761$3,328$2,276$1,528$1,011$385
33 years$4,567$3,152$2,125$1,405$915$336
34 years$4,384$2,988$1,986$1,293$828$293
35 years$4,212$2,834$1,856$1,190$750$255
36 years$4,050$2,690$1,737$1,096$680$223
37 years$3,897$2,554$1,625$1,010$616$194
38 years$3,753$2,428$1,522$931$559$170
39 years$3,616$2,308$1,426$858$507$148
40 years$3,486$2,196$1,337$792$459$129
41 years$3,363$2,091$1,253$730$417$113
42 years$3,247$1,991$1,176$674$378$98
43 years$3,135$1,897$1,103$622$343$86
44 years$3,030$1,808$1,036$575$312$75
45 years$2,929$1,724$972$531$283$65
46 years$2,833$1,645$913$490$257$57
47 years$2,741$1,570$858$453$233$50
48 years$2,654$1,499$806$418$212$44
49 years$2,570$1,431$758$387$192$38
50 years$2,490$1,367$713$357$175$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,550,000, adding $6,016 every year, while hoping to spend $51,134 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: 37/44/19 Blend
29$2,550,000$2,550,000$2,550,000$2,550,000
30$2,816,306$2,681,156$2,641,631$2,904,151
31$3,049,162$2,758,126$2,675,719$3,045,296
32$3,304,057$2,837,154$2,709,236$3,192,397
33$3,583,183$2,918,287$2,742,107$3,350,227
34$3,888,957$3,001,572$2,774,257$3,519,776
35$4,224,038$3,087,057$2,805,602$3,702,138
36$4,591,358$3,174,790$2,836,057$3,898,511
37$4,994,143$3,264,821$2,865,532$4,110,216
38$5,435,947$3,357,200$2,893,929$4,338,708
39$5,920,687$3,451,975$2,921,149$4,585,585
40$6,452,673$3,549,199$2,947,084$4,852,608
41$7,036,657$3,648,920$2,971,622$5,141,716
42$7,677,870$3,751,191$2,994,645$5,455,043
43$8,382,076$3,856,063$3,016,029$5,794,938
44$9,155,624$3,963,587$3,035,643$6,163,988
45$10,005,510$4,073,814$3,053,349$6,565,042
46$10,939,438$4,186,798$3,069,002$7,001,238
47$11,965,898$4,302,588$3,082,451$7,476,031
48$13,094,242$4,421,237$3,093,536$7,993,227
49$14,334,774$4,542,797$3,102,088$8,557,019
50$15,698,844$4,667,318$3,107,932$9,172,023
51$17,198,961$4,794,850$3,110,882$9,843,327
52$18,848,903$4,925,446$3,110,744$10,576,534
53$20,663,851$5,059,153$3,107,314$11,377,817
54$22,660,534$5,196,022$3,100,379$12,253,979
55$24,857,381$5,336,099$3,089,715$13,212,511
56$27,274,699$5,479,433$3,075,085$14,261,669
57$29,934,862$5,626,069$3,056,244$15,410,550
58$32,862,523$5,776,051$3,032,933$16,669,175
59$36,084,846$5,929,424$3,004,882$18,048,587
60$39,631,761$6,086,227$2,971,807$19,560,954
61$43,536,250$6,246,501$2,933,412$21,219,684
62$47,834,651$6,410,283$2,889,385$23,039,549
63$52,567,006$6,577,608$2,839,400$25,036,829
64$57,777,439$6,748,508$2,783,118$27,229,463
65$63,514,566$6,923,014$2,720,180$29,637,218
66$69,831,960$7,101,150$2,650,215$32,281,878
67$76,788,655$7,282,941$2,572,832$35,187,446
68$84,449,698$7,468,406$2,487,622$38,380,374
69$92,886,769$7,657,559$2,394,159$41,889,813
70$102,178,851$7,850,411$2,291,996$45,747,884
71$112,412,982$8,046,969$2,180,665$49,989,987
72$123,685,068$8,247,233$2,059,679$54,655,133
73$136,100,795$8,451,197$1,928,528$59,786,311
74$149,776,621$8,658,851$1,786,679$65,430,897
75$164,840,878$8,870,176$1,633,575$71,641,099
76$181,434,981$9,085,148$1,468,633$78,474,453
77$199,714,763$9,303,735$1,291,246$85,994,364
78$219,851,945$9,525,894$1,100,780$94,270,706
79$242,035,758$9,751,577$896,570$103,380,484
80$266,474,726$9,980,725$677,925$113,408,558
81$293,398,634$10,213,267$444,123$124,448,449
82$323,060,702$10,449,124$194,407$136,603,217
83$355,739,965$10,688,203$0$149,986,442
84$391,743,916$10,930,399$0$164,737,904
85$431,411,402$11,175,595$0$181,023,939
86$475,115,825$11,423,659$0$198,957,280
87$523,268,662$11,674,442$0$218,705,636
88$576,323,357$11,927,780$0$240,453,816
89$634,779,591$12,183,493$0$264,405,476
90$699,188,005$12,441,380$0$290,785,040
91$770,155,396$12,701,222$0$319,839,820
92$848,350,442$12,962,778$0$351,842,352
93$934,510,018$13,225,785$0$387,092,965
94$1,029,446,147$13,489,955$0$425,922,621
95$1,134,053,668$13,754,978$0$468,696,035
96$1,249,318,684$14,020,513$0$515,815,122
97$1,376,327,864$14,286,193$0$567,722,791
98$1,516,278,709$14,551,619$0$624,907,124
99$1,670,490,851$14,816,361$0$687,905,988
100$1,840,418,509$15,079,955$0$757,312,110