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%17.1%
1 years$213,880$211,975$210,116$208,302$206,530$200,562
2 years$105,881$103,909$101,998$100,145$98,348$92,382
3 years$69,886$67,906$65,999$64,164$62,396$56,620
4 years$51,892$49,918$48,031$46,226$44,501$38,960
5 years$41,099$39,136$37,274$35,506$33,829$28,537
6 years$33,905$31,958$30,123$28,395$26,768$21,729
7 years$28,769$26,838$25,032$23,345$21,769$16,985
8 years$24,919$23,005$21,229$19,583$18,060$13,526
9 years$21,926$20,030$18,285$16,681$15,209$10,922
10 years$19,533$17,656$15,941$14,379$12,959$8,913
11 years$17,576$15,718$14,034$12,514$11,145$7,333
12 years$15,947$14,107$12,455$10,976$9,658$6,072
13 years$14,569$12,749$11,128$9,691$8,422$5,055
14 years$13,389$11,588$9,998$8,602$7,383$4,226
15 years$12,368$10,586$9,027$7,672$6,500$3,545
16 years$11,475$9,713$8,184$6,869$5,745$2,982
17 years$10,688$8,945$7,448$6,172$5,094$2,515
18 years$9,989$8,266$6,799$5,562$4,529$2,125
19 years$9,364$7,660$6,224$5,026$4,037$1,798
20 years$8,803$7,118$5,712$4,552$3,606$1,524
21 years$8,295$6,631$5,254$4,131$3,227$1,293
22 years$7,835$6,189$4,842$3,756$2,892$1,098
23 years$7,415$5,789$4,471$3,421$2,596$933
24 years$7,030$5,424$4,135$3,120$2,334$794
25 years$6,677$5,090$3,830$2,849$2,100$676
26 years$6,352$4,784$3,552$2,605$1,892$575
27 years$6,051$4,502$3,298$2,385$1,705$490
28 years$5,773$4,242$3,066$2,185$1,539$418
29 years$5,513$4,002$2,853$2,004$1,390$356
30 years$5,272$3,780$2,658$1,839$1,256$304
31 years$5,047$3,573$2,478$1,689$1,135$259
32 years$4,836$3,381$2,312$1,552$1,027$221
33 years$4,638$3,202$2,159$1,427$929$188
34 years$4,453$3,034$2,017$1,313$841$161
35 years$4,278$2,878$1,886$1,209$762$137
36 years$4,114$2,732$1,764$1,113$690$117
37 years$3,958$2,594$1,651$1,026$626$100
38 years$3,811$2,466$1,546$945$567$85
39 years$3,673$2,345$1,448$872$514$73
40 years$3,541$2,231$1,358$804$467$62
41 years$3,416$2,123$1,273$742$423$53
42 years$3,297$2,022$1,194$685$384$45
43 years$3,185$1,927$1,121$632$349$39
44 years$3,077$1,837$1,052$584$316$33
45 years$2,975$1,751$988$539$287$28
46 years$2,877$1,671$928$498$261$24
47 years$2,784$1,594$871$460$237$21
48 years$2,695$1,522$819$425$215$18
49 years$2,610$1,454$770$393$195$15
50 years$2,529$1,388$724$363$177$13

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 $5,194 every year, while hoping to spend $35,121 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: 54/33/13 Blend
29$2,590,000$2,590,000$2,590,000$2,590,000
30$2,859,538$2,722,268$2,682,123$3,003,973
31$3,113,842$2,818,290$2,734,605$3,198,826
32$3,392,908$2,917,841$2,787,669$3,406,572
33$3,699,225$3,021,055$2,841,296$3,631,882
34$4,035,534$3,128,075$2,895,467$3,876,432
35$4,404,854$3,239,046$2,950,161$4,142,069
36$4,810,513$3,354,123$3,005,355$4,430,820
37$5,256,174$3,473,464$3,061,023$4,744,920
38$5,745,875$3,597,235$3,117,139$5,086,823
39$6,284,062$3,725,607$3,173,671$5,459,233
40$6,875,636$3,858,762$3,230,589$5,865,122
41$7,525,995$3,996,885$3,287,857$6,307,763
42$8,241,085$4,140,171$3,345,439$6,790,758
43$9,027,459$4,288,822$3,403,294$7,318,070
44$9,892,335$4,443,050$3,461,380$7,894,063
45$10,843,666$4,603,073$3,519,649$8,523,538
46$11,890,216$4,769,120$3,578,054$9,211,784
47$13,041,640$4,941,428$3,636,541$9,964,622
48$14,308,576$5,120,247$3,695,053$10,788,459
49$15,702,745$5,305,833$3,753,532$11,690,353
50$17,237,062$5,498,456$3,811,912$12,678,074
51$18,925,758$5,698,396$3,870,127$13,760,178
52$20,784,512$5,905,943$3,928,102$14,946,087
53$22,830,600$6,121,403$3,985,762$16,246,177
54$25,083,062$6,345,092$4,043,025$17,671,875
55$27,562,871$6,577,339$4,099,804$19,235,768
56$30,293,144$6,818,489$4,156,007$20,951,715
57$33,299,349$7,068,898$4,211,538$22,834,986
58$36,609,550$7,328,942$4,266,292$24,902,395
59$40,254,672$7,599,008$4,320,160$27,172,467
60$44,268,791$7,879,502$4,373,028$29,665,603
61$48,689,457$8,170,847$4,424,774$32,404,278
62$53,558,046$8,473,483$4,475,269$35,413,252
63$58,920,153$8,787,870$4,524,376$38,719,796
64$64,826,019$9,114,486$4,571,953$42,353,956
65$71,331,008$9,453,830$4,617,849$46,348,830
66$78,496,127$9,806,424$4,661,902$50,740,880
67$86,388,602$10,172,809$4,703,947$55,570,278
68$95,082,515$10,553,552$4,743,804$60,881,281
69$104,659,499$10,949,244$4,781,289$66,722,645
70$115,209,510$11,360,499$4,816,204$73,148,090
71$126,831,676$11,787,959$4,848,343$80,216,799
72$139,635,233$12,232,296$4,877,489$87,993,980
73$153,740,555$12,694,207$4,903,414$96,551,475
74$169,280,290$13,174,421$4,925,876$105,968,441
75$186,400,611$13,673,699$4,944,624$116,332,093
76$205,262,597$14,192,834$4,959,393$127,738,526
77$226,043,753$14,732,654$4,969,903$140,293,617
78$248,939,685$15,294,023$4,975,864$154,114,029
79$274,165,945$15,877,842$4,976,968$169,328,303
80$301,960,067$16,485,052$4,972,892$186,078,074
81$332,583,810$17,116,636$4,963,300$204,519,404
82$366,325,625$17,773,617$4,947,837$224,824,252
83$403,503,380$18,457,066$4,926,130$247,182,097
84$444,467,361$19,168,098$4,897,792$271,801,720
85$489,603,577$19,907,881$4,862,414$298,913,177
86$539,337,405$20,677,629$4,819,567$328,769,965
87$594,137,602$21,478,615$4,768,805$361,651,414
88$654,520,734$22,312,164$4,709,657$397,865,317
89$721,056,051$23,179,662$4,641,632$437,750,836
90$794,370,857$24,082,554$4,564,215$481,681,702
91$875,156,437$25,022,352$4,476,869$530,069,734
92$964,174,578$26,000,632$4,379,029$583,368,727
93$1,062,264,763$27,019,041$4,270,104$642,078,733
94$1,170,352,095$28,079,300$4,149,479$706,750,774
95$1,289,456,029$29,183,206$4,016,507$777,992,045
96$1,420,699,997$30,332,636$3,870,513$856,471,637
97$1,565,322,013$31,529,552$3,710,791$942,926,851
98$1,724,686,359$32,776,000$3,536,603$1,038,170,154
99$1,900,296,465$34,074,121$3,347,177$1,143,096,848
100$2,093,809,103$35,426,152$3,141,706$1,258,693,508