Can I retire at age 30 with 2,580,000?

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 $2,580,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$213,054$211,156$209,305$207,497$205,733$203,500
2 years$105,472$103,508$101,604$99,758$97,968$95,719
3 years$69,616$67,644$65,745$63,916$62,155$59,961
4 years$51,692$49,725$47,845$46,048$44,329$42,207
5 years$40,940$38,985$37,130$35,369$33,699$31,653
6 years$33,775$31,834$30,006$28,285$26,664$24,699
7 years$28,658$26,734$24,936$23,255$21,685$19,801
8 years$24,823$22,916$21,147$19,508$17,990$16,187
9 years$21,841$19,953$18,214$16,616$15,150$13,427
10 years$19,457$17,587$15,880$14,323$12,909$11,264
11 years$17,508$15,657$13,980$12,466$11,102$9,535
12 years$15,885$14,053$12,407$10,934$9,621$8,130
13 years$14,513$12,700$11,085$9,653$8,389$6,973
14 years$13,338$11,544$9,960$8,569$7,354$6,010
15 years$12,320$10,545$8,992$7,642$6,475$5,201
16 years$11,430$9,675$8,153$6,843$5,723$4,516
17 years$10,646$8,910$7,419$6,148$5,074$3,933
18 years$9,950$8,234$6,772$5,541$4,512$3,434
19 years$9,328$7,631$6,200$5,006$4,021$3,005
20 years$8,769$7,091$5,690$4,534$3,592$2,634
21 years$8,263$6,605$5,234$4,115$3,214$2,313
22 years$7,804$6,166$4,824$3,742$2,881$2,033
23 years$7,386$5,766$4,454$3,408$2,586$1,790
24 years$7,003$5,403$4,119$3,108$2,325$1,577
25 years$6,652$5,070$3,815$2,838$2,092$1,391
26 years$6,328$4,765$3,538$2,595$1,884$1,228
27 years$6,028$4,485$3,285$2,375$1,699$1,085
28 years$5,750$4,226$3,054$2,176$1,533$959
29 years$5,492$3,987$2,842$1,996$1,384$848
30 years$5,252$3,765$2,647$1,832$1,251$750
31 years$5,027$3,559$2,468$1,682$1,131$664
32 years$4,817$3,368$2,303$1,546$1,023$588
33 years$4,620$3,189$2,150$1,422$926$521
34 years$4,436$3,023$2,009$1,308$838$462
35 years$4,262$2,867$1,878$1,204$759$409
36 years$4,098$2,721$1,757$1,109$688$363
37 years$3,943$2,584$1,645$1,022$623$322
38 years$3,797$2,456$1,540$942$565$285
39 years$3,658$2,336$1,443$868$512$253
40 years$3,527$2,222$1,352$801$465$224
41 years$3,403$2,115$1,268$739$422$199
42 years$3,285$2,014$1,190$682$383$177
43 years$3,172$1,919$1,116$630$347$157
44 years$3,065$1,830$1,048$581$315$139
45 years$2,963$1,745$984$537$286$124
46 years$2,866$1,664$924$496$260$110
47 years$2,774$1,588$868$458$236$97
48 years$2,685$1,516$816$423$214$86
49 years$2,600$1,448$767$391$195$77
50 years$2,519$1,383$721$362$177$68

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,580,000, adding $4,928 every year, while hoping to spend $55,622 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: 56/32/12 Blend
29$2,580,000$2,580,000$2,580,000$2,580,000
30$2,848,243$2,711,503$2,671,513$2,998,836
31$3,079,583$2,785,186$2,701,828$3,175,030
32$3,332,655$2,860,614$2,731,293$3,360,323
33$3,609,617$2,937,816$2,759,823$3,560,843
34$3,912,846$3,016,817$2,787,325$3,778,054
35$4,244,958$3,097,642$2,813,702$4,013,567
36$4,608,835$3,180,319$2,838,853$4,269,157
37$5,007,651$3,264,869$2,862,669$4,546,777
38$5,444,900$3,351,316$2,885,038$4,848,578
39$5,924,433$3,439,684$2,905,839$5,176,928
40$6,450,489$3,529,992$2,924,949$5,534,436
41$7,027,738$3,622,261$2,942,234$5,923,974
42$7,661,325$3,716,509$2,957,556$6,348,705
43$8,356,915$3,812,753$2,970,769$6,812,115
44$9,120,751$3,911,008$2,981,720$7,318,042
45$9,959,707$4,011,288$2,990,248$7,870,713
46$10,881,360$4,113,604$2,996,184$8,474,786
47$11,894,053$4,217,964$2,999,350$9,135,391
48$13,006,978$4,324,377$2,999,560$9,858,181
49$14,230,264$4,432,845$2,996,619$10,649,384
50$15,575,067$4,543,370$2,990,322$11,515,859
51$17,053,679$4,655,950$2,980,453$12,465,165
52$18,679,642$4,770,580$2,966,787$13,505,630
53$20,467,879$4,887,252$2,949,087$14,646,431
54$22,434,828$5,005,952$2,927,106$15,897,677
55$24,598,601$5,126,664$2,900,585$17,270,508
56$26,979,154$5,249,367$2,869,251$18,777,199
57$29,598,476$5,374,034$2,832,819$20,431,276
58$32,480,794$5,500,635$2,790,992$22,247,643
59$35,652,801$5,629,132$2,743,456$24,242,721
60$39,143,910$5,759,483$2,689,885$26,434,608
61$42,986,530$5,891,639$2,629,937$28,843,245
62$47,216,370$6,025,543$2,563,254$31,490,606
63$51,872,778$6,161,133$2,489,462$34,400,906
64$56,999,111$6,298,338$2,408,168$37,600,830
65$62,643,141$6,437,078$2,318,963$41,119,781
66$68,857,512$6,577,265$2,221,418$44,990,165
67$75,700,228$6,718,801$2,115,086$49,247,690
68$83,235,208$6,861,579$1,999,498$53,931,707
69$91,532,883$7,005,480$1,874,165$59,085,580
70$100,670,863$7,150,375$1,738,575$64,757,098
71$110,734,668$7,296,120$1,592,195$70,998,923
72$121,818,536$7,442,561$1,434,465$77,869,090
73$134,026,309$7,589,530$1,264,802$85,431,555
74$147,472,417$7,736,841$1,082,597$93,756,797
75$162,282,954$7,884,297$887,215$102,922,485
76$178,596,869$8,031,681$677,990$113,014,215
77$196,567,277$8,178,760$454,230$124,126,312
78$216,362,902$8,325,283$215,209$136,362,726
79$238,169,672$8,470,976$0$149,838,012
80$262,192,472$8,615,547$0$164,683,518
81$288,657,077$8,758,682$0$181,063,000
82$317,812,283$8,900,041$0$199,102,296
83$349,932,253$9,039,260$0$218,970,477
84$385,319,108$9,175,949$0$240,853,856
85$424,305,776$9,309,689$0$264,957,747
86$467,259,133$9,440,033$0$291,508,407
87$514,583,470$9,566,499$0$320,755,170
88$566,724,302$9,688,576$0$352,972,799
89$624,172,578$9,805,713$0$388,464,084
90$687,469,314$9,917,326$0$427,562,701
91$757,210,698$10,022,789$0$470,636,357
92$834,053,717$10,121,434$0$518,090,268
93$918,722,362$10,212,550$0$570,370,985
94$1,012,014,456$10,295,378$0$627,970,604
95$1,114,809,190$10,369,111$0$691,431,420
96$1,228,075,419$10,432,888$0$761,351,043
97$1,352,880,806$10,485,795$0$838,388,043
98$1,490,401,907$10,526,857$0$923,268,167
99$1,641,935,269$10,555,041$0$1,016,791,193
100$1,808,909,673$10,569,244$0$1,119,838,480