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

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 $2,590,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$213,880$211,975$210,116$208,302$206,530$199,282
2 years$105,881$103,909$101,998$100,145$98,348$91,121
3 years$69,886$67,906$65,999$64,164$62,396$55,418
4 years$51,892$49,918$48,031$46,226$44,501$37,826
5 years$41,099$39,136$37,274$35,506$33,829$27,473
6 years$33,905$31,958$30,123$28,395$26,768$20,737
7 years$28,769$26,838$25,032$23,345$21,769$16,062
8 years$24,919$23,005$21,229$19,583$18,060$12,671
9 years$21,926$20,030$18,285$16,681$15,209$10,132
10 years$19,533$17,656$15,941$14,379$12,959$8,185
11 years$17,576$15,718$14,034$12,514$11,145$6,665
12 years$15,947$14,107$12,455$10,976$9,658$5,461
13 years$14,569$12,749$11,128$9,691$8,422$4,497
14 years$13,389$11,588$9,998$8,602$7,383$3,718
15 years$12,368$10,586$9,027$7,672$6,500$3,084
16 years$11,475$9,713$8,184$6,869$5,745$2,564
17 years$10,688$8,945$7,448$6,172$5,094$2,137
18 years$9,989$8,266$6,799$5,562$4,529$1,784
19 years$9,364$7,660$6,224$5,026$4,037$1,492
20 years$8,803$7,118$5,712$4,552$3,606$1,249
21 years$8,295$6,631$5,254$4,131$3,227$1,047
22 years$7,835$6,189$4,842$3,756$2,892$878
23 years$7,415$5,789$4,471$3,421$2,596$737
24 years$7,030$5,424$4,135$3,120$2,334$619
25 years$6,677$5,090$3,830$2,849$2,100$520
26 years$6,352$4,784$3,552$2,605$1,892$437
27 years$6,051$4,502$3,298$2,385$1,705$368
28 years$5,773$4,242$3,066$2,185$1,539$309
29 years$5,513$4,002$2,853$2,004$1,390$260
30 years$5,272$3,780$2,658$1,839$1,256$219
31 years$5,047$3,573$2,478$1,689$1,135$184
32 years$4,836$3,381$2,312$1,552$1,027$155
33 years$4,638$3,202$2,159$1,427$929$131
34 years$4,453$3,034$2,017$1,313$841$110
35 years$4,278$2,878$1,886$1,209$762$93
36 years$4,114$2,732$1,764$1,113$690$78
37 years$3,958$2,594$1,651$1,026$626$66
38 years$3,811$2,466$1,546$945$567$55
39 years$3,673$2,345$1,448$872$514$47
40 years$3,541$2,231$1,358$804$467$39
41 years$3,416$2,123$1,273$742$423$33
42 years$3,297$2,022$1,194$685$384$28
43 years$3,185$1,927$1,121$632$349$23
44 years$3,077$1,837$1,052$584$316$20
45 years$2,975$1,751$988$539$287$17
46 years$2,877$1,671$928$498$261$14
47 years$2,784$1,594$871$460$237$12
48 years$2,695$1,522$819$425$215$10
49 years$2,610$1,454$770$393$195$8
50 years$2,529$1,388$724$363$177$7

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 $5,774 every year, while hoping to spend $27,736 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: 77/11/12 Blend
29$2,590,000$2,590,000$2,590,000$2,590,000
30$2,860,136$2,722,866$2,682,721$3,073,318
31$3,122,359$2,826,775$2,743,081$3,318,420
32$3,410,399$2,934,847$2,804,534$3,583,007
33$3,726,860$3,047,255$2,867,086$3,872,350
34$4,074,612$3,164,182$2,930,745$4,188,906
35$4,456,813$3,285,818$2,995,517$4,535,377
36$4,876,947$3,412,362$3,061,405$4,914,744
37$5,338,849$3,544,022$3,128,416$5,330,284
38$5,846,746$3,681,012$3,196,552$5,785,611
39$6,405,292$3,823,561$3,265,815$6,284,700
40$7,019,620$3,971,903$3,336,207$6,831,933
41$7,695,379$4,126,284$3,407,728$7,432,135
42$8,438,799$4,286,963$3,480,378$8,090,618
43$9,256,740$4,454,208$3,554,154$8,813,237
44$10,156,762$4,628,298$3,629,053$9,606,437
45$11,147,195$4,809,528$3,705,069$10,477,321
46$12,237,217$4,998,204$3,782,198$11,433,712
47$13,436,941$5,194,644$3,860,429$12,484,225
48$14,757,510$5,399,182$3,939,755$13,638,355
49$16,211,203$5,612,169$4,020,163$14,906,559
50$17,811,547$5,833,967$4,101,640$16,300,356
51$19,573,451$6,064,957$4,184,171$17,832,438
52$21,513,340$6,305,537$4,267,738$19,516,789
53$23,649,315$6,556,123$4,352,322$21,368,811
54$26,001,321$6,817,148$4,437,900$23,405,477
55$28,591,334$7,089,067$4,524,448$25,645,483
56$31,443,571$7,372,352$4,611,938$28,109,432
57$34,584,718$7,667,501$4,700,341$30,820,019
58$38,044,181$7,975,029$4,789,623$33,802,253
59$41,854,360$8,295,479$4,879,749$37,083,686
60$46,050,963$8,629,415$4,970,679$40,694,676
61$50,673,334$8,977,429$5,062,369$44,668,672
62$55,764,830$9,340,139$5,154,774$49,042,531
63$61,373,227$9,718,190$5,247,844$53,856,860
64$67,551,172$10,112,258$5,341,523$59,156,404
65$74,356,682$10,523,049$5,435,754$64,990,466
66$81,853,685$10,951,299$5,530,473$71,413,370
67$90,112,629$11,397,782$5,625,613$78,484,976
68$99,211,147$11,863,303$5,721,100$86,271,241
69$109,234,786$12,348,706$5,816,858$94,844,843
70$120,277,814$12,854,873$5,912,804$104,285,866
71$132,444,116$13,382,726$6,008,847$114,682,554
72$145,848,166$13,933,230$6,104,894$126,132,144
73$160,616,114$14,507,393$6,200,842$138,741,782
74$176,886,972$15,106,271$6,296,586$152,629,536
75$194,813,931$15,730,966$6,392,009$167,925,505
76$214,565,801$16,382,632$6,486,990$184,773,053
77$236,328,608$17,062,477$6,581,400$203,330,151
78$260,307,351$17,771,762$6,675,101$223,770,879
79$286,727,931$18,511,809$6,767,948$246,287,059
80$315,839,292$19,283,999$6,859,786$271,090,068
81$347,915,762$20,089,778$6,950,451$298,412,833
82$383,259,650$20,930,657$7,039,771$328,512,027
83$422,204,093$21,808,218$7,127,563$361,670,492
84$465,116,206$22,724,116$7,213,631$398,199,906
85$512,400,545$23,680,083$7,297,774$438,443,726
86$564,502,924$24,677,931$7,379,773$482,780,427
87$621,914,628$25,719,555$7,459,401$531,627,072
88$685,177,046$26,806,940$7,536,417$585,443,254
89$754,886,786$27,942,161$7,610,568$644,735,425
90$831,701,302$29,127,391$7,681,586$710,061,680
91$916,345,104$30,364,903$7,749,189$782,037,022
92$1,009,616,599$31,657,077$7,813,080$861,339,169
93$1,112,395,620$33,006,402$7,872,947$948,714,946
94$1,225,651,743$34,415,485$7,928,460$1,044,987,335
95$1,350,453,431$35,887,055$7,979,274$1,151,063,242
96$1,487,978,126$37,423,965$8,025,025$1,267,942,060
97$1,639,523,360$39,029,205$8,065,328$1,396,725,094
98$1,806,519,010$40,705,903$8,099,784$1,538,625,963
99$1,990,540,790$42,457,333$8,127,968$1,694,982,050
100$2,193,325,132$44,286,924$8,149,436$1,867,267,128