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%19.1%
1 years$210,577$208,701$206,871$205,085$203,341$195,892
2 years$104,246$102,304$100,423$98,598$96,829$89,408
3 years$68,807$66,857$64,980$63,173$61,432$54,272
4 years$51,091$49,147$47,289$45,513$43,814$36,969
5 years$40,464$38,532$36,698$34,958$33,307$26,794
6 years$33,382$31,464$29,658$27,956$26,354$20,180
7 years$28,325$26,424$24,646$22,984$21,433$15,595
8 years$24,534$22,650$20,901$19,281$17,781$12,273
9 years$21,587$19,721$18,002$16,423$14,974$9,790
10 years$19,231$17,383$15,695$14,157$12,759$7,889
11 years$17,305$15,475$13,818$12,321$10,973$6,407
12 years$15,701$13,889$12,263$10,807$9,509$5,236
13 years$14,344$12,552$10,956$9,541$8,292$4,300
14 years$13,183$11,409$9,844$8,469$7,269$3,545
15 years$12,177$10,423$8,888$7,553$6,400$2,932
16 years$11,297$9,563$8,058$6,763$5,656$2,431
17 years$10,522$8,807$7,332$6,077$5,015$2,020
18 years$9,834$8,138$6,694$5,476$4,459$1,682
19 years$9,219$7,542$6,128$4,948$3,975$1,402
20 years$8,667$7,009$5,624$4,482$3,550$1,170
21 years$8,167$6,528$5,173$4,067$3,177$977
22 years$7,714$6,094$4,767$3,698$2,848$817
23 years$7,300$5,699$4,402$3,368$2,556$684
24 years$6,922$5,340$4,071$3,072$2,298$572
25 years$6,574$5,011$3,771$2,805$2,068$479
26 years$6,254$4,710$3,497$2,565$1,862$402
27 years$5,958$4,433$3,247$2,348$1,679$337
28 years$5,683$4,177$3,019$2,151$1,515$282
29 years$5,428$3,940$2,809$1,973$1,368$237
30 years$5,191$3,721$2,617$1,810$1,236$199
31 years$4,969$3,518$2,439$1,663$1,118$167
32 years$4,761$3,328$2,276$1,528$1,011$140
33 years$4,567$3,152$2,125$1,405$915$117
34 years$4,384$2,988$1,986$1,293$828$98
35 years$4,212$2,834$1,856$1,190$750$83
36 years$4,050$2,690$1,737$1,096$680$69
37 years$3,897$2,554$1,625$1,010$616$58
38 years$3,753$2,428$1,522$931$559$49
39 years$3,616$2,308$1,426$858$507$41
40 years$3,486$2,196$1,337$792$459$34
41 years$3,363$2,091$1,253$730$417$29
42 years$3,247$1,991$1,176$674$378$24
43 years$3,135$1,897$1,103$622$343$20
44 years$3,030$1,808$1,036$575$312$17
45 years$2,929$1,724$972$531$283$14
46 years$2,833$1,645$913$490$257$12
47 years$2,741$1,570$858$453$233$10
48 years$2,654$1,499$806$418$212$8
49 years$2,570$1,431$758$387$192$7
50 years$2,490$1,367$713$357$175$6

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 $6,351 every year, while hoping to spend $59,633 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: 50/45/5 Blend
29$2,550,000$2,550,000$2,550,000$2,550,000
30$2,816,651$2,681,501$2,641,976$2,953,812
31$3,040,500$2,749,446$2,667,033$3,115,752
32$3,285,184$2,818,721$2,690,931$3,284,658
33$3,552,763$2,889,329$2,713,568$3,466,748
34$3,845,509$2,961,270$2,734,837$3,663,269
35$4,165,922$3,034,543$2,754,624$3,875,592
36$4,516,754$3,109,143$2,772,812$4,105,224
37$4,901,037$3,185,066$2,789,276$4,353,828
38$5,322,109$3,262,300$2,803,883$4,623,233
39$5,783,648$3,340,837$2,816,497$4,915,451
40$6,289,702$3,420,660$2,826,971$5,232,700
41$6,844,731$3,501,752$2,835,155$5,577,421
42$7,453,648$3,584,092$2,840,887$5,952,303
43$8,121,864$3,667,656$2,844,000$6,360,306
44$8,855,337$3,752,414$2,844,317$6,804,694
45$9,660,634$3,838,335$2,841,654$7,289,057
46$10,544,985$3,925,380$2,835,816$7,817,353
47$11,516,358$4,013,508$2,826,600$8,393,942
48$12,583,528$4,102,672$2,813,793$9,023,626
49$13,756,164$4,192,818$2,797,170$9,711,696
50$15,044,915$4,283,889$2,776,498$10,463,980
51$16,461,516$4,375,819$2,751,530$11,286,902
52$18,018,894$4,468,537$2,722,010$12,187,537
53$19,731,291$4,561,965$2,687,667$13,173,682
54$21,614,398$4,656,017$2,648,220$14,253,929
55$23,685,503$4,750,599$2,603,372$15,437,742
56$25,963,654$4,845,608$2,552,814$16,735,554
57$28,469,837$4,940,932$2,496,223$18,158,859
58$31,227,173$5,036,451$2,433,260$19,720,322
59$34,261,141$5,132,033$2,363,570$21,433,901
60$37,599,810$5,227,536$2,286,783$23,314,978
61$41,274,111$5,322,805$2,202,510$25,380,502
62$45,318,123$5,417,675$2,110,347$27,649,152
63$49,769,396$5,511,966$2,009,868$30,141,512
64$54,669,307$5,605,485$1,900,632$32,880,267
65$60,063,448$5,698,025$1,782,174$35,890,416
66$66,002,053$5,789,362$1,654,010$39,199,509
67$72,540,479$5,879,257$1,515,636$42,837,908
68$79,739,720$5,967,453$1,366,522$46,839,073
69$87,666,987$6,053,673$1,206,116$51,239,879
70$96,396,340$6,137,624$1,033,841$56,080,965
71$106,009,388$6,218,989$849,096$61,407,117
72$116,596,057$6,297,430$651,252$67,267,692
73$128,255,437$6,372,587$439,652$73,717,087
74$141,096,722$6,444,074$213,610$80,815,249
75$155,240,233$6,511,479$0$88,628,245
76$170,818,560$6,574,365$0$97,230,360
77$187,977,806$6,632,262$0$106,712,621
78$206,878,972$6,684,672$0$117,152,096
79$227,699,470$6,731,064$0$128,646,288
80$250,634,803$6,770,873$0$141,302,652
81$275,900,405$6,803,498$0$155,239,609
82$303,733,674$6,828,298$0$170,587,665
83$334,396,218$6,844,592$0$187,490,642
84$368,176,314$6,851,660$0$206,107,043
85$405,391,638$6,848,731$0$226,611,542
86$446,392,258$6,834,991$0$249,196,644
87$491,563,936$6,809,575$0$274,074,494
88$541,331,776$6,771,562$0$301,478,892
89$596,164,227$6,719,979$0$331,667,492
90$656,577,512$6,653,791$0$364,924,247
91$723,140,494$6,571,903$0$401,562,082
92$796,480,052$6,473,153$0$441,925,859
93$877,286,989$6,356,309$0$486,395,631
94$966,322,562$6,220,069$0$535,390,235
95$1,064,425,661$6,063,050$0$589,371,247
96$1,172,520,730$5,883,791$0$648,847,345
97$1,291,626,490$5,680,742$0$714,379,116
98$1,422,865,561$5,452,267$0$786,584,349
99$1,567,475,051$5,196,631$0$866,143,874
100$1,726,818,241$4,912,001$0$953,807,991