Can I retire at age 30 with 2,590,000?

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 $2,590,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$213,880$211,975$210,116$208,302$206,530$198,571
2 years$105,881$103,909$101,998$100,145$98,348$90,424
3 years$69,886$67,906$65,999$64,164$62,396$54,757
4 years$51,892$49,918$48,031$46,226$44,501$37,205
5 years$41,099$39,136$37,274$35,506$33,829$26,895
6 years$33,905$31,958$30,123$28,395$26,768$20,200
7 years$28,769$26,838$25,032$23,345$21,769$15,565
8 years$24,919$23,005$21,229$19,583$18,060$12,214
9 years$21,926$20,030$18,285$16,681$15,209$9,713
10 years$19,533$17,656$15,941$14,379$12,959$7,802
11 years$17,576$15,718$14,034$12,514$11,145$6,316
12 years$15,947$14,107$12,455$10,976$9,658$5,144
13 years$14,569$12,749$11,128$9,691$8,422$4,210
14 years$13,389$11,588$9,998$8,602$7,383$3,459
15 years$12,368$10,586$9,027$7,672$6,500$2,850
16 years$11,475$9,713$8,184$6,869$5,745$2,355
17 years$10,688$8,945$7,448$6,172$5,094$1,950
18 years$9,989$8,266$6,799$5,562$4,529$1,617
19 years$9,364$7,660$6,224$5,026$4,037$1,343
20 years$8,803$7,118$5,712$4,552$3,606$1,116
21 years$8,295$6,631$5,254$4,131$3,227$929
22 years$7,835$6,189$4,842$3,756$2,892$774
23 years$7,415$5,789$4,471$3,421$2,596$645
24 years$7,030$5,424$4,135$3,120$2,334$538
25 years$6,677$5,090$3,830$2,849$2,100$449
26 years$6,352$4,784$3,552$2,605$1,892$374
27 years$6,051$4,502$3,298$2,385$1,705$313
28 years$5,773$4,242$3,066$2,185$1,539$261
29 years$5,513$4,002$2,853$2,004$1,390$218
30 years$5,272$3,780$2,658$1,839$1,256$182
31 years$5,047$3,573$2,478$1,689$1,135$152
32 years$4,836$3,381$2,312$1,552$1,027$127
33 years$4,638$3,202$2,159$1,427$929$106
34 years$4,453$3,034$2,017$1,313$841$89
35 years$4,278$2,878$1,886$1,209$762$74
36 years$4,114$2,732$1,764$1,113$690$62
37 years$3,958$2,594$1,651$1,026$626$52
38 years$3,811$2,466$1,546$945$567$43
39 years$3,673$2,345$1,448$872$514$36
40 years$3,541$2,231$1,358$804$467$30
41 years$3,416$2,123$1,273$742$423$25
42 years$3,297$2,022$1,194$685$384$21
43 years$3,185$1,927$1,121$632$349$18
44 years$3,077$1,837$1,052$584$316$15
45 years$2,975$1,751$988$539$287$12
46 years$2,877$1,671$928$498$261$10
47 years$2,784$1,594$871$460$237$9
48 years$2,695$1,522$819$425$215$7
49 years$2,610$1,454$770$393$195$6
50 years$2,529$1,388$724$363$177$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,590,000, adding $4,738 every year, while hoping to spend $54,556 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: 68/12/20 Blend
29$2,590,000$2,590,000$2,590,000$2,590,000
30$2,859,067$2,721,797$2,681,652$3,038,988
31$3,092,645$2,797,118$2,713,440$3,235,230
32$3,348,219$2,874,301$2,744,465$3,443,026
33$3,627,976$2,953,380$2,774,643$3,669,011
34$3,934,322$3,034,389$2,803,886$3,914,976
35$4,269,909$3,117,360$2,832,102$4,182,892
36$4,637,656$3,202,326$2,859,194$4,474,932
37$5,040,777$3,289,321$2,885,058$4,793,487
38$5,482,815$3,378,376$2,909,585$5,141,193
39$5,967,668$3,469,523$2,932,663$5,520,953
40$6,499,634$3,562,793$2,954,170$5,935,965
41$7,083,442$3,658,216$2,973,981$6,389,752
42$7,724,306$3,755,821$2,991,962$6,886,197
43$8,427,966$3,855,637$3,007,973$7,429,577
44$9,200,746$3,957,691$3,021,868$8,024,604
45$10,049,614$4,062,009$3,033,492$8,676,470
46$10,982,243$4,168,616$3,042,683$9,390,895
47$12,007,089$4,277,535$3,049,270$10,174,185
48$13,133,465$4,388,788$3,053,074$11,033,283
49$14,371,635$4,502,395$3,053,908$11,975,845
50$15,732,902$4,618,372$3,051,574$13,010,302
51$17,229,722$4,736,737$3,045,866$14,145,950
52$18,875,818$4,857,501$3,036,566$15,393,026
53$20,686,308$4,980,676$3,023,449$16,762,816
54$22,677,851$5,106,268$3,006,274$18,267,755
55$24,868,800$5,234,284$2,984,792$19,921,545
56$27,279,377$5,364,722$2,958,741$21,739,285
57$29,931,862$5,497,583$2,927,848$23,737,615
58$32,850,805$5,632,857$2,891,824$25,934,872
59$36,063,256$5,770,537$2,850,369$28,351,263
60$39,599,020$5,910,604$2,803,168$31,009,055
61$43,490,937$6,053,041$2,749,891$33,932,788
62$47,775,193$6,197,821$2,690,193$37,149,504
63$52,491,661$6,344,912$2,623,713$40,689,002
64$57,684,276$6,494,278$2,550,073$44,584,125
65$63,401,449$6,645,875$2,468,877$48,871,063
66$69,696,526$6,799,651$2,379,713$53,589,698
67$76,628,286$6,955,548$2,282,148$58,783,983
68$84,261,501$7,113,500$2,175,730$64,502,353
69$92,667,543$7,273,431$2,059,986$70,798,185
70$101,925,061$7,435,257$1,934,424$77,730,302
71$112,120,715$7,598,883$1,798,525$85,363,527
72$123,350,005$7,764,205$1,651,753$93,769,299
73$135,718,161$7,931,107$1,493,542$103,026,342
74$149,341,142$8,099,459$1,323,304$113,221,414
75$164,346,728$8,269,123$1,140,425$124,450,125
76$180,875,728$8,439,943$944,262$136,817,838
77$199,083,302$8,611,751$734,145$150,440,667
78$219,140,434$8,784,362$509,374$165,446,572
79$241,235,539$8,957,576$269,219$181,976,567
80$265,576,242$9,131,175$12,916$200,186,055
81$292,391,339$9,304,923$0$220,246,292
82$321,932,955$9,478,564$0$242,401,621
83$354,478,923$9,651,820$0$266,810,968
84$390,335,408$9,824,394$0$293,700,962
85$429,839,792$9,995,962$0$323,324,384
86$473,363,864$10,166,177$0$355,959,792
87$521,317,325$10,334,666$0$391,914,151
88$574,151,654$10,501,027$0$431,525,730
89$632,364,374$10,664,828$0$475,167,296
90$696,503,742$10,825,607$0$523,249,634
91$767,173,930$10,982,868$0$576,225,420
92$845,040,721$11,136,078$0$634,593,498
93$930,837,799$11,284,671$0$698,903,588
94$1,025,373,670$11,428,036$0$769,761,475
95$1,129,539,299$11,565,524$0$847,834,728
96$1,244,316,514$11,696,441$0$933,859,001
97$1,370,787,277$11,820,045$0$1,028,644,979
98$1,510,143,898$11,935,546$0$1,133,086,029
99$1,663,700,288$12,042,100$0$1,248,166,636
100$1,832,904,364$12,138,810$0$1,374,971,697