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%18%
1 years$212,228$210,338$208,493$206,693$204,935$198,296
2 years$105,063$103,107$101,210$99,372$97,588$90,961
3 years$69,347$67,381$65,490$63,668$61,914$55,508
4 years$51,492$49,532$47,660$45,870$44,158$38,021
5 years$40,781$38,834$36,986$35,232$33,568$27,717
6 years$33,644$31,711$29,890$28,175$26,561$21,002
7 years$28,547$26,631$24,839$23,165$21,601$16,332
8 years$24,727$22,828$21,065$19,432$17,920$12,938
9 years$21,757$19,875$18,144$16,552$15,092$10,390
10 years$19,382$17,519$15,818$14,268$12,859$8,430
11 years$17,440$15,596$13,926$12,417$11,059$6,896
12 years$15,824$13,998$12,359$10,892$9,583$5,677
13 years$14,457$12,650$11,042$9,616$8,357$4,697
14 years$13,286$11,499$9,921$8,536$7,326$3,902
15 years$12,272$10,505$8,957$7,612$6,450$3,253
16 years$11,386$9,638$8,121$6,816$5,701$2,719
17 years$10,605$8,876$7,390$6,124$5,055$2,277
18 years$9,912$8,202$6,746$5,519$4,494$1,911
19 years$9,292$7,601$6,176$4,987$4,006$1,607
20 years$8,735$7,064$5,668$4,517$3,578$1,352
21 years$8,231$6,579$5,213$4,099$3,202$1,139
22 years$7,774$6,142$4,805$3,727$2,870$961
23 years$7,358$5,744$4,436$3,394$2,576$811
24 years$6,976$5,382$4,103$3,096$2,316$685
25 years$6,626$5,051$3,800$2,827$2,084$579
26 years$6,303$4,747$3,524$2,585$1,877$489
27 years$6,005$4,467$3,273$2,366$1,692$414
28 years$5,728$4,209$3,042$2,168$1,527$350
29 years$5,471$3,971$2,831$1,988$1,379$296
30 years$5,231$3,750$2,637$1,825$1,246$251
31 years$5,008$3,545$2,459$1,676$1,126$212
32 years$4,799$3,355$2,294$1,540$1,019$180
33 years$4,602$3,177$2,142$1,416$922$152
34 years$4,418$3,011$2,001$1,303$835$129
35 years$4,245$2,856$1,871$1,199$756$109
36 years$4,082$2,711$1,750$1,105$685$92
37 years$3,928$2,574$1,638$1,018$621$78
38 years$3,782$2,447$1,534$938$563$66
39 years$3,644$2,327$1,437$865$510$56
40 years$3,514$2,213$1,347$798$463$48
41 years$3,390$2,107$1,263$736$420$40
42 years$3,272$2,007$1,185$679$381$34
43 years$3,160$1,912$1,112$627$346$29
44 years$3,054$1,822$1,044$579$314$25
45 years$2,952$1,738$980$535$285$21
46 years$2,855$1,658$920$494$259$18
47 years$2,763$1,582$865$456$235$15
48 years$2,674$1,510$813$422$213$13
49 years$2,590$1,442$764$390$194$11
50 years$2,509$1,378$718$360$176$9

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 $5,936 every year, while hoping to spend $20,399 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: 63/8/29 Blend
29$2,570,000$2,570,000$2,570,000$2,570,000
30$2,838,263$2,702,053$2,662,218$2,994,678
31$3,106,061$2,812,749$2,729,698$3,212,282
32$3,400,492$2,928,186$2,798,755$3,447,131
33$3,724,248$3,048,574$2,869,420$3,703,240
34$4,080,301$3,174,133$2,941,725$3,982,698
35$4,471,921$3,305,094$3,015,701$4,287,804
36$4,902,712$3,441,699$3,091,382$4,621,092
37$5,376,645$3,584,199$3,168,800$4,985,349
38$5,898,096$3,732,858$3,247,988$5,383,644
39$6,471,885$3,887,951$3,328,979$5,819,359
40$7,103,324$4,049,768$3,411,807$6,296,215
41$7,798,267$4,218,610$3,496,506$6,818,312
42$8,563,162$4,394,794$3,583,111$7,390,162
43$9,405,114$4,578,648$3,671,654$8,016,737
44$10,331,953$4,770,519$3,762,172$8,703,513
45$11,352,307$4,970,769$3,854,700$9,456,521
46$12,475,681$5,179,776$3,949,271$10,282,401
47$13,712,551$5,397,936$4,045,922$11,188,471
48$15,074,458$5,625,662$4,144,688$12,182,789
49$16,574,122$5,863,388$4,245,604$13,274,231
50$18,225,557$6,111,569$4,348,706$14,472,578
51$20,044,205$6,370,677$4,454,029$15,788,600
52$22,047,085$6,641,211$4,561,610$17,234,165
53$24,252,947$6,923,689$4,671,483$18,822,345
54$26,682,454$7,218,657$4,783,684$20,567,542
55$29,358,375$7,526,682$4,898,249$22,485,622
56$32,305,802$7,848,362$5,015,212$24,594,066
57$35,552,381$8,184,319$5,134,609$26,912,130
58$39,128,580$8,535,207$5,256,475$29,461,033
59$43,067,972$8,901,709$5,380,844$32,264,150
60$47,407,553$9,284,540$5,507,750$35,347,237
61$52,188,090$9,684,449$5,637,226$38,738,670
62$57,454,509$10,102,221$5,769,306$42,469,715
63$63,256,314$10,538,675$5,904,023$46,574,819
64$69,648,058$10,994,670$6,041,409$51,091,939
65$76,689,858$11,471,107$6,181,494$56,062,896
66$84,447,959$11,968,927$6,324,310$61,533,769
67$92,995,363$12,489,116$6,469,885$67,555,332
68$102,412,513$13,032,706$6,618,250$74,183,531
69$112,788,058$13,600,777$6,769,430$81,480,008
70$124,219,688$14,194,463$6,923,454$89,512,690
71$136,815,052$14,814,948$7,080,345$98,356,420
72$150,692,779$15,463,472$7,240,129$108,093,669
73$165,983,596$16,141,336$7,402,827$118,815,311
74$182,831,562$16,849,900$7,568,460$130,621,480
75$201,395,425$17,590,589$7,737,048$143,622,517
76$221,850,126$18,364,896$7,908,607$157,940,005
77$244,388,447$19,174,383$8,083,153$173,707,921
78$269,222,829$20,020,688$8,260,699$191,073,895
79$296,587,380$20,905,525$8,441,255$210,200,609
80$326,740,087$21,830,690$8,624,831$231,267,323
81$359,965,244$22,798,062$8,811,431$254,471,573
82$396,576,144$23,809,612$9,001,059$280,031,031
83$436,918,031$24,867,403$9,193,715$308,185,560
84$481,371,361$25,973,597$9,389,395$339,199,476
85$530,355,392$27,130,456$9,588,092$373,364,042
86$584,332,146$28,340,351$9,789,797$411,000,215
87$643,810,764$29,605,768$9,994,494$452,461,679
88$709,352,319$30,929,307$10,202,167$498,138,175
89$781,575,107$32,313,695$10,412,791$548,459,185
90$861,160,488$33,761,787$10,626,340$603,897,981
91$948,859,317$35,276,573$10,842,781$664,976,094
92$1,045,499,032$36,861,189$11,062,078$732,268,231
93$1,151,991,462$38,518,917$11,284,188$806,407,706
94$1,269,341,444$40,253,197$11,509,061$888,092,407
95$1,398,656,300$42,067,632$11,736,643$978,091,392
96$1,541,156,296$43,965,999$11,966,873$1,077,252,141
97$1,698,186,158$45,952,252$12,199,683$1,186,508,555
98$1,871,227,771$48,030,538$12,434,998$1,306,889,775
99$2,061,914,167$50,205,198$12,672,734$1,439,529,889
100$2,272,044,943$52,480,783$12,912,801$1,585,678,639