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%16.1%
1 years$211,402$209,519$207,682$205,889$204,138$199,041
2 years$104,655$102,706$100,817$98,985$97,209$92,106
3 years$69,077$67,119$65,235$63,421$61,673$56,724
4 years$51,291$49,340$47,474$45,691$43,986$39,229
5 years$40,623$38,683$36,842$35,095$33,437$28,885
6 years$33,513$31,588$29,774$28,066$26,458$22,115
7 years$28,436$26,527$24,742$23,074$21,517$17,385
8 years$24,630$22,739$20,983$19,357$17,851$13,926
9 years$21,672$19,798$18,073$16,488$15,033$11,313
10 years$19,307$17,451$15,756$14,212$12,809$9,290
11 years$17,373$15,536$13,872$12,369$11,016$7,692
12 years$15,762$13,944$12,311$10,849$9,546$6,412
13 years$14,400$12,601$10,999$9,578$8,324$5,374
14 years$13,234$11,454$9,883$8,503$7,297$4,523
15 years$12,224$10,464$8,923$7,583$6,425$3,821
16 years$11,342$9,600$8,090$6,790$5,678$3,238
17 years$10,564$8,841$7,361$6,100$5,035$2,750
18 years$9,873$8,170$6,720$5,498$4,477$2,341
19 years$9,256$7,572$6,152$4,968$3,990$1,996
20 years$8,701$7,036$5,646$4,499$3,564$1,705
21 years$8,199$6,554$5,193$4,083$3,190$1,458
22 years$7,744$6,118$4,786$3,713$2,859$1,248
23 years$7,329$5,722$4,419$3,381$2,566$1,069
24 years$6,949$5,361$4,087$3,084$2,307$916
25 years$6,600$5,031$3,785$2,816$2,076$786
26 years$6,278$4,728$3,511$2,575$1,870$675
27 years$5,981$4,450$3,260$2,357$1,686$580
28 years$5,706$4,193$3,031$2,160$1,521$498
29 years$5,450$3,956$2,820$1,980$1,373$428
30 years$5,211$3,736$2,627$1,817$1,241$368
31 years$4,988$3,532$2,449$1,669$1,122$316
32 years$4,780$3,342$2,285$1,534$1,015$272
33 years$4,585$3,164$2,134$1,411$918$234
34 years$4,401$2,999$1,993$1,298$832$201
35 years$4,229$2,845$1,864$1,195$753$173
36 years$4,066$2,700$1,743$1,100$682$149
37 years$3,912$2,564$1,632$1,014$619$128
38 years$3,767$2,437$1,528$935$561$111
39 years$3,630$2,317$1,432$862$509$95
40 years$3,500$2,205$1,342$795$461$82
41 years$3,376$2,099$1,258$733$418$71
42 years$3,259$1,999$1,180$677$380$61
43 years$3,148$1,905$1,108$625$345$52
44 years$3,042$1,815$1,040$577$313$45
45 years$2,941$1,731$976$533$284$39
46 years$2,844$1,651$917$492$258$33
47 years$2,752$1,576$861$455$234$29
48 years$2,664$1,504$809$420$213$25
49 years$2,580$1,437$761$388$193$21
50 years$2,499$1,372$715$359$175$18

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 $4,203 every year, while hoping to spend $28,917 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: 86/9/5 Blend
29$2,560,000$2,560,000$2,560,000$2,560,000
30$2,825,455$2,689,775$2,650,095$3,068,219
31$3,082,884$2,790,807$2,708,106$3,328,019
32$3,365,602$2,895,820$2,767,091$3,609,009
33$3,676,157$3,004,979$2,827,052$3,916,826
34$4,017,357$3,118,455$2,887,991$4,254,148
35$4,392,297$3,236,428$2,949,907$4,623,922
36$4,804,383$3,359,085$3,012,801$5,029,397
37$5,257,369$3,486,620$3,076,670$5,474,149
38$5,755,394$3,619,237$3,141,511$5,962,117
39$6,303,012$3,757,147$3,207,319$6,497,640
40$6,905,245$3,900,574$3,274,091$7,085,496
41$7,567,626$4,049,747$3,341,818$7,730,951
42$8,296,247$4,204,908$3,410,492$8,439,801
43$9,097,824$4,366,309$3,480,104$9,218,435
44$9,979,756$4,534,212$3,550,641$10,073,888
45$10,950,195$4,708,892$3,622,091$11,013,912
46$12,018,122$4,890,635$3,694,439$12,047,045
47$13,193,435$5,079,740$3,767,667$13,182,695
48$14,487,037$5,276,520$3,841,756$14,431,224
49$15,910,945$5,481,299$3,916,685$15,804,049
50$17,478,398$5,694,420$3,992,430$17,313,749
51$19,203,984$5,916,236$4,068,966$18,974,182
52$21,103,778$6,147,118$4,146,264$20,800,616
53$23,195,492$6,387,456$4,224,292$22,809,872
54$25,498,643$6,637,652$4,303,017$25,020,483
55$28,034,738$6,898,130$4,382,401$27,452,870
56$30,827,474$7,169,331$4,462,404$30,129,532
57$33,902,965$7,451,717$4,542,983$33,075,257
58$37,289,985$7,745,769$4,624,091$36,317,360
59$41,020,242$8,051,990$4,705,677$39,885,936
60$45,128,676$8,370,907$4,787,686$43,814,144
61$49,653,787$8,703,068$4,870,060$48,138,522
62$54,638,003$9,049,047$4,952,737$52,899,330
63$60,128,074$9,409,445$5,035,648$58,140,927
64$66,175,517$9,784,888$5,118,722$63,912,194
65$72,837,103$10,176,030$5,201,882$70,266,990
66$80,175,388$10,583,556$5,285,045$77,264,662
67$88,259,308$11,008,182$5,368,125$84,970,607
68$97,164,829$11,450,654$5,451,029$93,456,882
69$106,975,659$11,911,754$5,533,656$102,802,891
70$117,784,045$12,392,298$5,615,902$113,096,128
71$129,691,637$12,893,140$5,697,654$124,433,005
72$142,810,453$13,415,173$5,778,795$136,919,762
73$157,263,932$13,959,329$5,859,196$150,673,465
74$173,188,099$14,526,582$5,938,726$165,823,116
75$190,732,855$15,117,954$6,017,243$182,510,865
76$210,063,381$15,734,509$6,094,596$200,893,354
77$231,361,709$16,377,363$6,170,627$221,143,192
78$254,828,429$17,047,680$6,245,170$243,450,588
79$280,684,591$17,746,679$6,318,045$268,025,139
80$309,173,788$18,475,634$6,389,068$295,097,814
81$340,564,452$19,235,878$6,458,040$324,923,129
82$375,152,395$20,028,805$6,524,753$357,781,550
83$413,263,595$20,855,872$6,588,987$393,982,141
84$455,257,275$21,718,603$6,650,512$433,865,477
85$501,529,295$22,618,593$6,709,082$477,806,862
86$552,515,889$23,557,509$6,764,442$526,219,865
87$608,697,779$24,537,097$6,816,320$579,560,230
88$670,604,718$25,559,180$6,864,433$638,330,172
89$738,820,487$26,625,668$6,908,479$703,083,116
90$813,988,409$27,738,557$6,948,145$774,428,926
91$896,817,418$28,899,938$6,983,099$853,039,653
92$988,088,754$30,111,995$7,012,993$939,655,884
93$1,088,663,340$31,377,016$7,037,461$1,035,093,729
94$1,199,489,904$32,697,393$7,056,120$1,140,252,523
95$1,321,613,939$34,075,630$7,068,564$1,256,123,317
96$1,456,187,572$35,514,346$7,074,372$1,383,798,231
97$1,604,480,439$37,016,284$7,073,098$1,524,480,761
98$1,767,891,673$38,584,311$7,064,276$1,679,497,142
99$1,947,963,111$40,221,429$7,047,417$1,850,308,860
100$2,146,393,850$41,930,781$7,022,007$2,038,526,456