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%12.1%
1 years$211,402$209,519$207,682$205,889$204,138$202,343
2 years$104,655$102,706$100,817$98,985$97,209$95,400
3 years$69,077$67,119$65,235$63,421$61,673$59,907
4 years$51,291$49,340$47,474$45,691$43,986$42,275
5 years$40,623$38,683$36,842$35,095$33,437$31,788
6 years$33,513$31,588$29,774$28,066$26,458$24,871
7 years$28,436$26,527$24,742$23,074$21,517$19,994
8 years$24,630$22,739$20,983$19,357$17,851$16,391
9 years$21,672$19,798$18,073$16,488$15,033$13,636
10 years$19,307$17,451$15,756$14,212$12,809$11,475
11 years$17,373$15,536$13,872$12,369$11,016$9,743
12 years$15,762$13,944$12,311$10,849$9,546$8,334
13 years$14,400$12,601$10,999$9,578$8,324$7,171
14 years$13,234$11,454$9,883$8,503$7,297$6,201
15 years$12,224$10,464$8,923$7,583$6,425$5,384
16 years$11,342$9,600$8,090$6,790$5,678$4,692
17 years$10,564$8,841$7,361$6,100$5,035$4,100
18 years$9,873$8,170$6,720$5,498$4,477$3,593
19 years$9,256$7,572$6,152$4,968$3,990$3,155
20 years$8,701$7,036$5,646$4,499$3,564$2,776
21 years$8,199$6,554$5,193$4,083$3,190$2,446
22 years$7,744$6,118$4,786$3,713$2,859$2,159
23 years$7,329$5,722$4,419$3,381$2,566$1,908
24 years$6,949$5,361$4,087$3,084$2,307$1,688
25 years$6,600$5,031$3,785$2,816$2,076$1,494
26 years$6,278$4,728$3,511$2,575$1,870$1,324
27 years$5,981$4,450$3,260$2,357$1,686$1,175
28 years$5,706$4,193$3,031$2,160$1,521$1,042
29 years$5,450$3,956$2,820$1,980$1,373$926
30 years$5,211$3,736$2,627$1,817$1,241$822
31 years$4,988$3,532$2,449$1,669$1,122$731
32 years$4,780$3,342$2,285$1,534$1,015$650
33 years$4,585$3,164$2,134$1,411$918$578
34 years$4,401$2,999$1,993$1,298$832$514
35 years$4,229$2,845$1,864$1,195$753$458
36 years$4,066$2,700$1,743$1,100$682$408
37 years$3,912$2,564$1,632$1,014$619$363
38 years$3,767$2,437$1,528$935$561$323
39 years$3,630$2,317$1,432$862$509$288
40 years$3,500$2,205$1,342$795$461$257
41 years$3,376$2,099$1,258$733$418$229
42 years$3,259$1,999$1,180$677$380$204
43 years$3,148$1,905$1,108$625$345$182
44 years$3,042$1,815$1,040$577$313$162
45 years$2,941$1,731$976$533$284$144
46 years$2,844$1,651$917$492$258$129
47 years$2,752$1,576$861$455$234$115
48 years$2,664$1,504$809$420$213$102
49 years$2,580$1,437$761$388$193$91
50 years$2,499$1,372$715$359$175$81

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 $5,559 every year, while hoping to spend $25,355 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: 45/40/15 Blend
29$2,560,000$2,560,000$2,560,000$2,560,000
30$2,826,854$2,691,174$2,651,494$2,941,697
31$3,088,216$2,796,064$2,713,342$3,127,213
32$3,375,386$2,905,244$2,776,411$3,325,270
33$3,690,972$3,018,897$2,840,717$3,539,489
34$4,037,843$3,137,215$2,906,273$3,771,375
35$4,419,162$3,260,398$2,973,093$4,022,583
36$4,838,414$3,388,655$3,041,188$4,294,931
37$5,299,437$3,522,204$3,110,573$4,590,416
38$5,806,461$3,661,273$3,181,259$4,911,233
39$6,364,146$3,806,101$3,253,256$5,259,794
40$6,977,625$3,956,936$3,326,577$5,638,752
41$7,652,556$4,114,039$3,401,230$6,051,023
42$8,395,171$4,277,681$3,477,226$6,499,813
43$9,212,337$4,448,146$3,554,572$6,988,648
44$10,111,621$4,625,731$3,633,276$7,521,406
45$11,101,361$4,810,746$3,713,345$8,102,352
46$12,190,742$5,003,515$3,794,784$8,736,180
47$13,389,887$5,204,377$3,877,598$9,428,051
48$14,709,949$5,413,685$3,961,791$10,183,646
49$16,163,217$5,631,809$4,047,365$11,009,214
50$17,763,234$5,859,136$4,134,320$11,911,634
51$19,524,920$6,096,070$4,222,657$12,898,474
52$21,464,719$6,343,034$4,312,372$13,978,066
53$23,600,747$6,600,469$4,403,463$15,159,578
54$25,952,968$6,868,838$4,495,925$16,453,105
55$28,543,382$7,148,622$4,589,749$17,869,756
56$31,396,229$7,440,327$4,684,928$19,421,763
57$34,538,221$7,744,480$4,781,450$21,122,593
58$37,998,794$8,061,633$4,879,302$22,987,072
59$41,810,381$8,392,363$4,978,469$25,031,525
60$46,008,725$8,737,274$5,078,933$27,273,926
61$50,633,212$9,096,997$5,180,674$29,734,068
62$55,727,241$9,472,192$5,283,668$32,433,747
63$61,338,639$9,863,548$5,387,890$35,396,966
64$67,520,106$10,271,788$5,493,311$38,650,158
65$74,329,719$10,697,668$5,599,899$42,222,435
66$81,831,472$11,141,976$5,707,618$46,145,857
67$90,095,889$11,605,539$5,816,429$50,455,738
68$99,200,680$12,089,221$5,926,290$55,190,972
69$109,231,483$12,593,927$6,037,155$60,394,397
70$120,282,667$13,120,601$6,148,971$66,113,200
71$132,458,223$13,670,234$6,261,686$72,399,359
72$145,872,747$14,243,861$6,375,238$79,310,126
73$160,652,522$14,842,565$6,489,563$86,908,570
74$176,936,707$15,467,479$6,604,592$95,264,164
75$194,878,655$16,119,790$6,720,249$104,453,443
76$214,647,356$16,800,737$6,836,455$114,560,716
77$236,429,032$17,511,619$6,953,123$125,678,864
78$260,428,901$18,253,796$7,070,160$137,910,210
79$286,873,106$19,028,689$7,187,467$151,367,479
80$316,010,853$19,837,786$7,304,938$166,174,861
81$348,116,767$20,682,644$7,422,460$182,469,180
82$383,493,478$21,564,894$7,539,913$200,401,173
83$422,474,480$22,486,241$7,657,167$220,136,918
84$465,427,282$23,448,471$7,774,087$241,859,390
85$512,756,872$24,453,454$7,890,526$265,770,186
86$564,909,544$25,503,145$8,006,330$292,091,419
87$622,377,110$26,599,591$8,121,335$321,067,812
88$685,701,542$27,744,938$8,235,367$352,969,004
89$755,480,088$28,941,429$8,348,240$388,092,082
90$832,370,911$30,191,413$8,459,760$426,764,385
91$917,099,302$31,497,349$8,569,720$469,346,584
92$1,010,464,524$32,861,813$8,677,899$516,236,083
93$1,113,347,364$34,287,501$8,784,067$567,870,758
94$1,226,718,440$35,777,233$8,887,978$624,733,085
95$1,351,647,370$37,333,967$8,989,375$687,354,689
96$1,489,312,866$38,960,795$9,087,983$756,321,348
97$1,641,013,863$40,660,958$9,183,515$832,278,521
98$1,808,181,780$42,437,849$9,275,666$915,937,424
99$1,992,394,036$44,295,018$9,364,115$1,008,081,741
100$2,195,388,941$46,236,187$9,448,527$1,109,575,009