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

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 $2,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$212,228$210,338$208,493$206,693$204,935$201,292
2 years$105,063$103,107$101,210$99,372$97,588$93,930
3 years$69,347$67,381$65,490$63,668$61,914$58,355
4 years$51,492$49,532$47,660$45,870$44,158$40,725
5 years$40,781$38,834$36,986$35,232$33,568$30,272
6 years$33,644$31,711$29,890$28,175$26,561$23,405
7 years$28,547$26,631$24,839$23,165$21,601$18,586
8 years$24,727$22,828$21,065$19,432$17,920$15,045
9 years$21,757$19,875$18,144$16,552$15,092$12,355
10 years$19,382$17,519$15,818$14,268$12,859$10,258
11 years$17,440$15,596$13,926$12,417$11,059$8,592
12 years$15,824$13,998$12,359$10,892$9,583$7,246
13 years$14,457$12,650$11,042$9,616$8,357$6,146
14 years$13,286$11,499$9,921$8,536$7,326$5,237
15 years$12,272$10,505$8,957$7,612$6,450$4,480
16 years$11,386$9,638$8,121$6,816$5,701$3,845
17 years$10,605$8,876$7,390$6,124$5,055$3,308
18 years$9,912$8,202$6,746$5,519$4,494$2,854
19 years$9,292$7,601$6,176$4,987$4,006$2,466
20 years$8,735$7,064$5,668$4,517$3,578$2,135
21 years$8,231$6,579$5,213$4,099$3,202$1,850
22 years$7,774$6,142$4,805$3,727$2,870$1,606
23 years$7,358$5,744$4,436$3,394$2,576$1,395
24 years$6,976$5,382$4,103$3,096$2,316$1,213
25 years$6,626$5,051$3,800$2,827$2,084$1,056
26 years$6,303$4,747$3,524$2,585$1,877$920
27 years$6,005$4,467$3,273$2,366$1,692$801
28 years$5,728$4,209$3,042$2,168$1,527$699
29 years$5,471$3,971$2,831$1,988$1,379$609
30 years$5,231$3,750$2,637$1,825$1,246$532
31 years$5,008$3,545$2,459$1,676$1,126$464
32 years$4,799$3,355$2,294$1,540$1,019$405
33 years$4,602$3,177$2,142$1,416$922$354
34 years$4,418$3,011$2,001$1,303$835$309
35 years$4,245$2,856$1,871$1,199$756$270
36 years$4,082$2,711$1,750$1,105$685$236
37 years$3,928$2,574$1,638$1,018$621$206
38 years$3,782$2,447$1,534$938$563$180
39 years$3,644$2,327$1,437$865$510$158
40 years$3,514$2,213$1,347$798$463$138
41 years$3,390$2,107$1,263$736$420$121
42 years$3,272$2,007$1,185$679$381$105
43 years$3,160$1,912$1,112$627$346$92
44 years$3,054$1,822$1,044$579$314$81
45 years$2,952$1,738$980$535$285$70
46 years$2,855$1,658$920$494$259$62
47 years$2,763$1,582$865$456$235$54
48 years$2,674$1,510$813$422$213$47
49 years$2,590$1,442$764$390$194$41
50 years$2,509$1,378$718$360$176$36

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 $4,990 every year, while hoping to spend $25,532 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: 52/41/7 Blend
29$2,570,000$2,570,000$2,570,000$2,570,000
30$2,837,287$2,701,077$2,661,242$2,979,724
31$3,099,525$2,806,264$2,723,228$3,182,160
32$3,387,655$2,915,749$2,786,435$3,398,996
33$3,704,291$3,029,717$2,850,876$3,634,186
34$4,052,314$3,148,358$2,916,565$3,889,465
35$4,434,896$3,271,874$2,983,516$4,166,737
36$4,855,533$3,400,473$3,051,742$4,468,097
37$5,318,075$3,534,374$3,121,253$4,795,846
38$5,826,766$3,673,806$3,192,062$5,152,515
39$6,386,281$3,819,007$3,264,181$5,540,886
40$7,001,769$3,970,226$3,337,618$5,964,018
41$7,678,905$4,127,723$3,412,384$6,425,277
42$8,423,943$4,291,771$3,488,489$6,928,363
43$9,243,771$4,462,653$3,565,939$7,477,346
44$10,145,980$4,640,667$3,644,742$8,076,704
45$11,138,933$4,826,123$3,724,904$8,731,365
46$12,231,847$5,019,346$3,806,431$9,446,749
47$13,434,875$5,220,674$3,889,326$10,228,821
48$14,759,206$5,430,461$3,973,593$11,084,146
49$16,217,170$5,649,078$4,059,233$12,019,947
50$17,822,350$5,876,912$4,146,246$13,044,177
51$19,589,717$6,114,367$4,234,632$14,165,586
52$21,535,763$6,361,866$4,324,387$15,393,809
53$23,678,665$6,619,852$4,415,508$16,739,450
54$26,038,449$6,888,785$4,507,989$18,214,185
55$28,637,186$7,169,150$4,601,821$19,830,868
56$31,499,192$7,461,452$4,696,995$21,603,649
57$34,651,265$7,766,218$4,793,500$23,548,112
58$38,122,933$8,084,002$4,891,321$25,681,413
59$41,946,733$8,415,379$4,990,441$28,022,446
60$46,158,523$8,760,955$5,090,844$30,592,016
61$50,797,811$9,121,361$5,192,506$33,413,034
62$55,908,137$9,497,257$5,295,404$36,510,732
63$61,537,478$9,889,333$5,399,511$39,912,899
64$67,738,703$10,298,313$5,504,797$43,650,138
65$74,570,071$10,724,952$5,611,229$47,756,158
66$82,095,783$11,170,039$5,718,769$52,268,085
67$90,386,584$11,634,402$5,827,379$57,226,812
68$99,520,434$12,118,905$5,937,014$62,677,382
69$109,583,239$12,624,453$6,047,626$68,669,409
70$120,669,671$13,151,992$6,159,162$75,257,546
71$132,884,050$13,702,512$6,271,566$82,501,995
72$146,341,337$14,277,049$6,384,778$90,469,075
73$161,168,215$14,876,687$6,498,730$99,231,841
74$177,504,287$15,502,558$6,613,351$108,870,775
75$195,503,391$16,155,850$6,728,565$119,474,536
76$215,335,054$16,837,804$6,844,289$131,140,799
77$237,186,091$17,549,719$6,960,435$143,977,168
78$261,262,371$18,292,953$7,076,908$158,102,192
79$287,790,755$19,068,930$7,193,606$173,646,477
80$317,021,242$19,879,138$7,310,422$190,753,915
81$349,229,328$20,725,134$7,427,240$209,583,038
82$384,718,603$21,608,550$7,543,937$230,308,508
83$423,823,624$22,531,092$7,660,382$253,122,763
84$466,913,063$23,494,546$7,776,435$278,237,827
85$514,393,198$24,500,780$7,891,948$305,887,305
86$566,711,739$25,551,753$8,006,762$336,328,586
87$624,362,059$26,649,513$8,120,712$369,845,260
88$687,887,853$27,796,202$8,233,620$406,749,796
89$757,888,265$28,994,067$8,345,297$447,386,479
90$835,023,548$30,245,456$8,455,544$492,134,658
91$920,021,296$31,552,830$8,564,152$541,412,316
92$1,013,683,313$32,918,764$8,670,896$595,680,010
93$1,116,893,181$34,345,953$8,775,541$655,445,212
94$1,230,624,602$35,837,221$8,877,838$721,267,087
95$1,355,950,590$37,395,524$8,977,524$793,761,769
96$1,494,053,600$39,023,955$9,074,321$873,608,163
97$1,646,236,693$40,725,754$9,167,936$961,554,347
98$1,813,935,835$42,504,315$9,258,061$1,058,424,624
99$1,998,733,454$44,363,190$9,344,369$1,165,127,295
100$2,202,373,379$46,306,099$9,426,518$1,282,663,218