Can I retire at age 30 with 2,570,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $2,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$212,228$210,338$208,493$206,693$204,935$202,123
2 years$105,063$103,107$101,210$99,372$97,588$94,760
3 years$69,347$67,381$65,490$63,668$61,914$59,158
4 years$51,492$49,532$47,660$45,870$44,158$41,494
5 years$40,781$38,834$36,986$35,232$33,568$31,005
6 years$33,644$31,711$29,890$28,175$26,561$24,102
7 years$28,547$26,631$24,839$23,165$21,601$19,247
8 years$24,727$22,828$21,065$19,432$17,920$15,671
9 years$21,757$19,875$18,144$16,552$15,092$12,945
10 years$19,382$17,519$15,818$14,268$12,859$10,815
11 years$17,440$15,596$13,926$12,417$11,059$9,115
12 years$15,824$13,998$12,359$10,892$9,583$7,737
13 years$14,457$12,650$11,042$9,616$8,357$6,605
14 years$13,286$11,499$9,921$8,536$7,326$5,667
15 years$12,272$10,505$8,957$7,612$6,450$4,881
16 years$11,386$9,638$8,121$6,816$5,701$4,218
17 years$10,605$8,876$7,390$6,124$5,055$3,655
18 years$9,912$8,202$6,746$5,519$4,494$3,176
19 years$9,292$7,601$6,176$4,987$4,006$2,764
20 years$8,735$7,064$5,668$4,517$3,578$2,411
21 years$8,231$6,579$5,213$4,099$3,202$2,106
22 years$7,774$6,142$4,805$3,727$2,870$1,842
23 years$7,358$5,744$4,436$3,394$2,576$1,612
24 years$6,976$5,382$4,103$3,096$2,316$1,413
25 years$6,626$5,051$3,800$2,827$2,084$1,240
26 years$6,303$4,747$3,524$2,585$1,877$1,088
27 years$6,005$4,467$3,273$2,366$1,692$956
28 years$5,728$4,209$3,042$2,168$1,527$840
29 years$5,471$3,971$2,831$1,988$1,379$739
30 years$5,231$3,750$2,637$1,825$1,246$650
31 years$5,008$3,545$2,459$1,676$1,126$572
32 years$4,799$3,355$2,294$1,540$1,019$504
33 years$4,602$3,177$2,142$1,416$922$444
34 years$4,418$3,011$2,001$1,303$835$391
35 years$4,245$2,856$1,871$1,199$756$344
36 years$4,082$2,711$1,750$1,105$685$303
37 years$3,928$2,574$1,638$1,018$621$267
38 years$3,782$2,447$1,534$938$563$236
39 years$3,644$2,327$1,437$865$510$208
40 years$3,514$2,213$1,347$798$463$183
41 years$3,390$2,107$1,263$736$420$162
42 years$3,272$2,007$1,185$679$381$143
43 years$3,160$1,912$1,112$627$346$126
44 years$3,054$1,822$1,044$579$314$111
45 years$2,952$1,738$980$535$285$98
46 years$2,855$1,658$920$494$259$86
47 years$2,763$1,582$865$456$235$76
48 years$2,674$1,510$813$422$213$67
49 years$2,590$1,442$764$390$194$59
50 years$2,509$1,378$718$360$176$52

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,570,000, adding $3,403 every year, while hoping to spend $28,446 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: 33/50/17 Blend
29$2,570,000$2,570,000$2,570,000$2,570,000
30$2,835,650$2,699,440$2,659,605$2,914,124
31$3,094,620$2,801,446$2,718,436$3,074,296
32$3,379,052$2,907,498$2,778,284$3,243,933
33$3,691,512$3,017,762$2,839,153$3,426,153
34$4,034,829$3,132,415$2,901,047$3,622,078
35$4,412,117$3,251,639$2,963,968$3,832,938
36$4,826,810$3,375,626$3,027,918$4,060,081
37$5,282,688$3,504,575$3,092,897$4,304,987
38$5,783,917$3,638,695$3,158,904$4,569,280
39$6,335,087$3,778,201$3,225,938$4,854,742
40$6,941,255$3,923,322$3,293,995$5,163,333
41$7,607,991$4,074,293$3,363,072$5,497,199
42$8,341,435$4,231,362$3,433,164$5,858,703
43$9,148,348$4,394,786$3,504,262$6,250,439
44$10,036,184$4,564,834$3,576,359$6,675,255
45$11,013,152$4,741,788$3,649,444$7,136,283
46$12,088,299$4,925,941$3,723,506$7,636,966
47$13,271,593$5,117,600$3,798,530$8,181,086
48$14,574,017$5,317,083$3,874,503$8,772,802
49$16,007,672$5,524,726$3,951,404$9,416,689
50$17,585,895$5,740,878$4,029,216$10,117,774
51$19,323,377$5,965,902$4,107,916$10,881,589
52$21,236,310$6,200,180$4,187,480$11,714,217
53$23,342,534$6,444,109$4,267,881$12,622,350
54$25,661,706$6,698,104$4,349,088$13,613,348
55$28,215,488$6,962,599$4,431,071$14,695,313
56$31,027,749$7,238,047$4,513,793$15,877,154
57$34,124,790$7,524,922$4,597,216$17,168,679
58$37,535,594$7,823,719$4,681,298$18,580,680
59$41,292,098$8,134,954$4,765,994$20,125,035
60$45,429,493$8,459,168$4,851,256$21,814,815
61$49,986,558$8,796,925$4,937,030$23,664,411
62$55,006,027$9,148,814$5,023,261$25,689,661
63$60,534,988$9,515,452$5,109,887$27,908,004
64$66,625,331$9,897,484$5,196,842$30,338,636
65$73,334,236$10,295,582$5,284,058$33,002,691
66$80,724,713$10,710,450$5,371,458$35,923,441
67$88,866,196$11,142,823$5,458,964$39,126,507
68$97,835,197$11,593,472$5,546,489$42,640,103
69$107,716,034$12,063,198$5,633,943$46,495,296
70$118,601,618$12,552,843$5,721,228$50,726,300
71$130,594,335$13,063,285$5,808,241$55,370,790
72$143,807,013$13,595,442$5,894,874$60,470,260
73$158,363,984$14,150,274$5,981,008$66,070,408
74$174,402,259$14,728,786$6,066,520$72,221,565
75$192,072,820$15,332,027$6,151,279$78,979,164
76$211,542,047$15,961,096$6,235,146$86,404,263
77$232,993,285$16,617,139$6,317,973$94,564,113
78$256,628,580$17,301,358$6,399,604$103,532,792
79$282,670,578$18,015,008$6,479,874$113,391,899
80$311,364,636$18,759,402$6,558,608$124,231,318
81$342,981,129$19,535,913$6,635,623$136,150,062
82$377,818,010$20,345,979$6,710,722$149,257,203
83$416,203,617$21,191,101$6,783,700$163,672,897
84$458,499,772$22,072,851$6,854,341$179,529,512
85$505,105,202$22,992,874$6,922,414$196,972,870
86$556,459,297$23,952,890$6,987,680$216,163,620
87$613,046,261$24,954,697$7,049,883$237,278,747
88$675,399,681$26,000,178$7,108,755$260,513,236
89$744,107,564$27,091,303$7,164,014$286,081,905
90$819,817,891$28,230,133$7,215,364$314,221,428
91$903,244,729$29,418,822$7,262,492$345,192,559
92$995,174,975$30,659,628$7,305,069$379,282,587
93$1,096,475,784$31,954,911$7,342,750$416,808,039
94$1,208,102,753$33,307,141$7,375,171$458,117,660
95$1,331,108,946$34,718,903$7,401,952$503,595,696
96$1,466,654,832$36,192,902$7,422,690$553,665,512
97$1,616,019,240$37,731,970$7,436,966$608,793,579
98$1,780,611,435$39,339,069$7,444,336$669,493,867
99$1,961,984,418$41,017,300$7,444,338$736,332,685
100$2,161,849,590$42,769,908$7,436,485$809,934,018