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%13.7%
1 years$211,402$209,519$207,682$205,889$204,138$201,004
2 years$104,655$102,706$100,817$98,985$97,209$94,059
3 years$69,077$67,119$65,235$63,421$61,673$58,606
4 years$51,291$49,340$47,474$45,691$43,986$41,024
5 years$40,623$38,683$36,842$35,095$33,437$30,590
6 years$33,513$31,588$29,774$28,066$26,458$23,728
7 years$28,436$26,527$24,742$23,074$21,517$18,906
8 years$24,630$22,739$20,983$19,357$17,851$15,358
9 years$21,672$19,798$18,073$16,488$15,033$12,657
10 years$19,307$17,451$15,756$14,212$12,809$10,548
11 years$17,373$15,536$13,872$12,369$11,016$8,867
12 years$15,762$13,944$12,311$10,849$9,546$7,508
13 years$14,400$12,601$10,999$9,578$8,324$6,393
14 years$13,234$11,454$9,883$8,503$7,297$5,470
15 years$12,224$10,464$8,923$7,583$6,425$4,698
16 years$11,342$9,600$8,090$6,790$5,678$4,049
17 years$10,564$8,841$7,361$6,100$5,035$3,499
18 years$9,873$8,170$6,720$5,498$4,477$3,031
19 years$9,256$7,572$6,152$4,968$3,990$2,631
20 years$8,701$7,036$5,646$4,499$3,564$2,288
21 years$8,199$6,554$5,193$4,083$3,190$1,992
22 years$7,744$6,118$4,786$3,713$2,859$1,737
23 years$7,329$5,722$4,419$3,381$2,566$1,516
24 years$6,949$5,361$4,087$3,084$2,307$1,325
25 years$6,600$5,031$3,785$2,816$2,076$1,158
26 years$6,278$4,728$3,511$2,575$1,870$1,014
27 years$5,981$4,450$3,260$2,357$1,686$888
28 years$5,706$4,193$3,031$2,160$1,521$778
29 years$5,450$3,956$2,820$1,980$1,373$682
30 years$5,211$3,736$2,627$1,817$1,241$598
31 years$4,988$3,532$2,449$1,669$1,122$524
32 years$4,780$3,342$2,285$1,534$1,015$460
33 years$4,585$3,164$2,134$1,411$918$404
34 years$4,401$2,999$1,993$1,298$832$355
35 years$4,229$2,845$1,864$1,195$753$311
36 years$4,066$2,700$1,743$1,100$682$273
37 years$3,912$2,564$1,632$1,014$619$240
38 years$3,767$2,437$1,528$935$561$211
39 years$3,630$2,317$1,432$862$509$185
40 years$3,500$2,205$1,342$795$461$163
41 years$3,376$2,099$1,258$733$418$143
42 years$3,259$1,999$1,180$677$380$126
43 years$3,148$1,905$1,108$625$345$111
44 years$3,042$1,815$1,040$577$313$97
45 years$2,941$1,731$976$533$284$86
46 years$2,844$1,651$917$492$258$75
47 years$2,752$1,576$861$455$234$66
48 years$2,664$1,504$809$420$213$58
49 years$2,580$1,437$761$388$193$51
50 years$2,499$1,372$715$359$175$45

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 $5,945 every year, while hoping to spend $45,465 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: 39/33/28 Blend
29$2,560,000$2,560,000$2,560,000$2,560,000
30$2,827,252$2,691,572$2,651,892$2,913,842
31$3,067,258$2,775,085$2,692,356$3,061,171
32$3,330,220$2,861,166$2,732,652$3,215,746
33$3,618,432$2,949,893$2,772,726$3,382,028
34$3,934,421$3,041,346$2,812,521$3,561,114
35$4,280,968$3,135,609$2,851,977$3,754,211
36$4,661,138$3,232,765$2,891,029$3,962,647
37$5,078,306$3,332,902$2,929,610$4,187,882
38$5,536,190$3,436,111$2,967,649$4,431,527
39$6,038,884$3,542,483$3,005,068$4,695,350
40$6,590,901$3,652,115$3,041,788$4,981,301
41$7,197,208$3,765,105$3,077,724$5,291,524
42$7,863,282$3,881,553$3,112,786$5,628,382
43$8,595,151$4,001,564$3,146,879$5,994,474
44$9,399,460$4,125,244$3,179,903$6,392,666
45$10,283,529$4,252,704$3,211,753$6,826,109
46$11,255,419$4,384,058$3,242,318$7,298,278
47$12,324,017$4,519,421$3,271,480$7,812,996
48$13,499,108$4,658,915$3,299,116$8,374,476
49$14,791,477$4,802,662$3,325,097$8,987,358
50$16,213,005$4,950,789$3,349,285$9,656,753
51$17,776,782$5,103,428$3,371,536$10,388,291
52$19,497,230$5,260,713$3,391,699$11,188,172
53$21,390,242$5,422,782$3,409,615$12,063,230
54$23,473,326$5,589,778$3,425,117$13,020,989
55$25,765,775$5,761,846$3,438,028$14,069,742
56$28,288,846$5,939,139$3,448,164$15,218,624
57$31,065,962$6,121,810$3,455,330$16,477,698
58$34,122,930$6,310,019$3,459,324$17,858,053
59$37,488,189$6,503,930$3,459,932$19,371,905
60$41,193,073$6,703,711$3,456,928$21,032,717
61$45,272,109$6,909,536$3,450,078$22,855,318
62$49,763,344$7,121,582$3,439,135$24,856,050
63$54,708,698$7,340,034$3,423,840$27,052,921
64$60,154,369$7,565,078$3,403,921$29,465,769
65$66,151,257$7,796,909$3,379,095$32,116,457
66$72,755,453$8,035,726$3,349,063$35,029,075
67$80,028,766$8,281,734$3,313,513$38,230,167
68$88,039,303$8,535,141$3,272,119$41,748,983
69$96,862,114$8,796,165$3,224,537$45,617,754
70$106,579,900$9,065,028$3,170,409$49,871,996
71$117,283,792$9,341,957$3,109,361$54,550,847
72$129,074,213$9,627,187$3,040,998$59,697,434
73$142,061,823$9,920,959$2,964,912$65,359,281
74$156,368,563$10,223,520$2,880,670$71,588,757
75$172,128,807$10,535,124$2,787,824$78,443,573
76$189,490,633$10,856,032$2,685,903$85,987,323
77$208,617,212$11,186,512$2,574,415$94,290,086
78$229,688,356$11,526,839$2,452,847$103,429,089
79$252,902,211$11,877,297$2,320,660$113,489,433
80$278,477,127$12,238,175$2,177,292$124,564,898
81$306,653,719$12,609,770$2,022,156$136,758,831
82$337,697,139$12,992,390$1,854,639$150,185,117
83$371,899,577$13,386,347$1,674,100$164,969,257
84$409,583,020$13,791,965$1,479,868$181,249,552
85$451,102,289$14,209,572$1,271,245$199,178,411
86$496,848,391$14,639,509$1,047,500$218,923,785
87$547,252,205$15,082,123$807,870$240,670,760
88$602,788,555$15,537,772$551,558$264,623,299
89$663,980,686$16,006,821$277,734$291,006,167
90$731,405,207$16,489,647$0$320,067,061
91$805,697,531$16,986,633$0$352,083,267
92$887,557,876$17,498,174$0$387,440,091
93$977,757,871$18,024,676$0$426,386,240
94$1,077,147,842$18,566,553$0$469,287,308
95$1,186,664,837$19,124,230$0$516,546,164
96$1,307,341,476$19,698,143$0$568,606,756
97$1,440,315,692$20,288,737$0$625,958,298
98$1,586,841,477$20,896,470$0$689,139,885
99$1,748,300,720$21,521,809$0$758,745,585
100$1,926,216,251$22,165,235$0$835,430,043