Can I retire at age 30 with 2,560,000?

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 $2,560,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$211,402$209,519$207,682$205,889$204,138$200,674
2 years$104,655$102,706$100,817$98,985$97,209$93,729
3 years$69,077$67,119$65,235$63,421$61,673$58,287
4 years$51,291$49,340$47,474$45,691$43,986$40,718
5 years$40,623$38,683$36,842$35,095$33,437$30,298
6 years$33,513$31,588$29,774$28,066$26,458$23,451
7 years$28,436$26,527$24,742$23,074$21,517$18,644
8 years$24,630$22,739$20,983$19,357$17,851$15,109
9 years$21,672$19,798$18,073$16,488$15,033$12,423
10 years$19,307$17,451$15,756$14,212$12,809$10,327
11 years$17,373$15,536$13,872$12,369$11,016$8,660
12 years$15,762$13,944$12,311$10,849$9,546$7,314
13 years$14,400$12,601$10,999$9,578$8,324$6,211
14 years$13,234$11,454$9,883$8,503$7,297$5,300
15 years$12,224$10,464$8,923$7,583$6,425$4,540
16 years$11,342$9,600$8,090$6,790$5,678$3,902
17 years$10,564$8,841$7,361$6,100$5,035$3,362
18 years$9,873$8,170$6,720$5,498$4,477$2,904
19 years$9,256$7,572$6,152$4,968$3,990$2,513
20 years$8,701$7,036$5,646$4,499$3,564$2,179
21 years$8,199$6,554$5,193$4,083$3,190$1,892
22 years$7,744$6,118$4,786$3,713$2,859$1,644
23 years$7,329$5,722$4,419$3,381$2,566$1,431
24 years$6,949$5,361$4,087$3,084$2,307$1,246
25 years$6,600$5,031$3,785$2,816$2,076$1,086
26 years$6,278$4,728$3,511$2,575$1,870$948
27 years$5,981$4,450$3,260$2,357$1,686$827
28 years$5,706$4,193$3,031$2,160$1,521$722
29 years$5,450$3,956$2,820$1,980$1,373$631
30 years$5,211$3,736$2,627$1,817$1,241$551
31 years$4,988$3,532$2,449$1,669$1,122$482
32 years$4,780$3,342$2,285$1,534$1,015$422
33 years$4,585$3,164$2,134$1,411$918$369
34 years$4,401$2,999$1,993$1,298$832$323
35 years$4,229$2,845$1,864$1,195$753$283
36 years$4,066$2,700$1,743$1,100$682$247
37 years$3,912$2,564$1,632$1,014$619$216
38 years$3,767$2,437$1,528$935$561$190
39 years$3,630$2,317$1,432$862$509$166
40 years$3,500$2,205$1,342$795$461$145
41 years$3,376$2,099$1,258$733$418$127
42 years$3,259$1,999$1,180$677$380$112
43 years$3,148$1,905$1,108$625$345$98
44 years$3,042$1,815$1,040$577$313$86
45 years$2,941$1,731$976$533$284$75
46 years$2,844$1,651$917$492$258$66
47 years$2,752$1,576$861$455$234$58
48 years$2,664$1,504$809$420$213$50
49 years$2,580$1,437$761$388$193$44
50 years$2,499$1,372$715$359$175$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,560,000, adding $4,592 every year, while hoping to spend $30,407 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: 38/42/20 Blend
29$2,560,000$2,560,000$2,560,000$2,560,000
30$2,825,857$2,690,177$2,650,497$2,916,139
31$3,081,741$2,789,642$2,706,935$3,081,231
32$3,362,707$2,892,963$2,764,246$3,256,322
33$3,671,280$3,000,295$2,822,425$3,444,924
34$4,010,243$3,111,802$2,881,469$3,648,272
35$4,382,662$3,227,654$2,941,372$3,867,724
36$4,791,914$3,348,030$3,002,128$4,104,772
37$5,241,719$3,473,114$3,063,730$4,361,053
38$5,736,177$3,603,099$3,126,168$4,638,368
39$6,279,804$3,738,187$3,189,431$4,938,695
40$6,877,574$3,878,589$3,253,507$5,264,206
41$7,534,970$4,024,523$3,318,383$5,617,291
42$8,258,030$4,176,218$3,384,042$6,000,577
43$9,053,409$4,333,913$3,450,467$6,416,952
44$9,928,438$4,497,856$3,517,639$6,869,592
45$10,891,195$4,668,307$3,585,537$7,361,988
46$11,950,580$4,845,537$3,654,135$7,897,984
47$13,116,400$5,029,828$3,723,409$8,481,803
48$14,399,459$5,221,476$3,793,329$9,118,096
49$15,811,663$5,420,788$3,863,866$9,811,978
50$17,366,132$5,628,086$3,934,984$10,569,076
51$19,077,319$5,843,703$4,006,647$11,395,584
52$20,961,152$6,067,991$4,078,816$12,298,317
53$23,035,181$6,301,315$4,151,449$13,284,777
54$25,318,745$6,544,055$4,224,498$14,363,221
55$27,833,153$6,796,609$4,297,914$15,542,738
56$30,601,885$7,059,394$4,371,645$16,833,331
57$33,650,815$7,332,842$4,445,633$18,246,016
58$37,008,453$7,617,406$4,519,817$19,792,919
59$40,706,216$7,913,560$4,594,131$21,487,390
60$44,778,722$8,221,796$4,668,507$23,344,129
61$49,264,119$8,542,631$4,742,869$25,379,323
62$54,204,442$8,876,603$4,817,138$27,610,796
63$59,646,012$9,224,274$4,891,229$30,058,176
64$65,639,874$9,586,232$4,965,053$32,743,078
65$72,242,273$9,963,089$5,038,515$35,689,306
66$79,515,191$10,355,487$5,111,512$38,923,078
67$87,526,930$10,764,095$5,183,936$42,473,267
68$96,352,754$11,189,612$5,255,675$46,371,678
69$106,075,601$11,632,770$5,326,606$50,653,337
70$116,786,866$12,094,330$5,396,602$55,356,827
71$128,587,265$12,575,090$5,465,526$60,524,648
72$141,587,780$13,075,884$5,533,236$66,203,612
73$155,910,714$13,597,583$5,599,579$72,445,287
74$171,690,838$14,141,095$5,664,396$79,306,477
75$189,076,667$14,707,372$5,727,517$86,849,760
76$208,231,862$15,297,408$5,788,764$95,144,070
77$229,336,772$15,912,241$5,847,947$104,265,351
78$252,590,138$16,552,957$5,904,869$114,297,263
79$278,210,970$17,220,689$5,959,320$125,331,976
80$306,440,610$17,916,625$6,011,079$137,471,032
81$337,545,016$18,642,003$6,059,913$150,826,302
82$371,817,266$19,398,119$6,105,579$165,521,036
83$409,580,330$20,186,330$6,147,819$181,691,024
84$451,190,113$21,008,050$6,186,360$199,485,875
85$497,038,822$21,864,761$6,220,920$219,070,422
86$547,558,658$22,758,011$6,251,198$240,626,274
87$603,225,908$23,689,420$6,276,879$264,353,531
88$664,565,429$24,660,680$6,297,633$290,472,658
89$732,155,611$25,673,562$6,313,113$319,226,573
90$806,633,835$26,729,917$6,322,953$350,882,923
91$888,702,484$27,831,682$6,326,770$385,736,615
92$979,135,584$28,980,881$6,324,164$424,112,588
93$1,078,786,102$30,179,633$6,314,712$466,368,877
94$1,188,594,002$31,430,152$6,297,971$512,899,987
95$1,309,595,116$32,734,755$6,273,480$564,140,608
96$1,442,930,926$34,095,867$6,240,750$620,569,715
97$1,589,859,338$35,516,022$6,199,272$682,715,081
98$1,751,766,556$36,997,872$6,148,513$751,158,250
99$1,930,180,170$38,544,193$6,087,913$826,540,025
100$2,126,783,575$40,157,886$6,016,886$909,566,501