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%15.8%
1 years$213,880$211,975$210,116$208,302$206,530$201,619
2 years$105,881$103,909$101,998$100,145$98,348$93,429
3 years$69,886$67,906$65,999$64,164$62,396$57,623
4 years$51,892$49,918$48,031$46,226$44,501$39,910
5 years$41,099$39,136$37,274$35,506$33,829$29,434
6 years$33,905$31,958$30,123$28,395$26,768$22,572
7 years$28,769$26,838$25,032$23,345$21,769$17,774
8 years$24,919$23,005$21,229$19,583$18,060$14,263
9 years$21,926$20,030$18,285$16,681$15,209$11,608
10 years$19,533$17,656$15,941$14,379$12,959$9,549
11 years$17,576$15,718$14,034$12,514$11,145$7,922
12 years$15,947$14,107$12,455$10,976$9,658$6,617
13 years$14,569$12,749$11,128$9,691$8,422$5,557
14 years$13,389$11,588$9,998$8,602$7,383$4,687
15 years$12,368$10,586$9,027$7,672$6,500$3,968
16 years$11,475$9,713$8,184$6,869$5,745$3,369
17 years$10,688$8,945$7,448$6,172$5,094$2,868
18 years$9,989$8,266$6,799$5,562$4,529$2,447
19 years$9,364$7,660$6,224$5,026$4,037$2,091
20 years$8,803$7,118$5,712$4,552$3,606$1,790
21 years$8,295$6,631$5,254$4,131$3,227$1,534
22 years$7,835$6,189$4,842$3,756$2,892$1,316
23 years$7,415$5,789$4,471$3,421$2,596$1,130
24 years$7,030$5,424$4,135$3,120$2,334$971
25 years$6,677$5,090$3,830$2,849$2,100$835
26 years$6,352$4,784$3,552$2,605$1,892$719
27 years$6,051$4,502$3,298$2,385$1,705$619
28 years$5,773$4,242$3,066$2,185$1,539$533
29 years$5,513$4,002$2,853$2,004$1,390$459
30 years$5,272$3,780$2,658$1,839$1,256$396
31 years$5,047$3,573$2,478$1,689$1,135$341
32 years$4,836$3,381$2,312$1,552$1,027$294
33 years$4,638$3,202$2,159$1,427$929$254
34 years$4,453$3,034$2,017$1,313$841$219
35 years$4,278$2,878$1,886$1,209$762$189
36 years$4,114$2,732$1,764$1,113$690$163
37 years$3,958$2,594$1,651$1,026$626$141
38 years$3,811$2,466$1,546$945$567$121
39 years$3,673$2,345$1,448$872$514$105
40 years$3,541$2,231$1,358$804$467$90
41 years$3,416$2,123$1,273$742$423$78
42 years$3,297$2,022$1,194$685$384$67
43 years$3,185$1,927$1,121$632$349$58
44 years$3,077$1,837$1,052$584$316$50
45 years$2,975$1,751$988$539$287$43
46 years$2,877$1,671$928$498$261$37
47 years$2,784$1,594$871$460$237$32
48 years$2,695$1,522$819$425$215$28
49 years$2,610$1,454$770$393$195$24
50 years$2,529$1,388$724$363$177$21

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 $4,190 every year, while hoping to spend $56,454 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: 36/34/30 Blend
29$2,590,000$2,590,000$2,590,000$2,590,000
30$2,858,502$2,721,232$2,681,087$2,935,576
31$3,090,003$2,794,506$2,710,837$3,066,859
32$3,343,224$2,869,478$2,739,691$3,203,123
33$3,620,323$2,946,172$2,767,560$3,349,172
34$3,923,672$3,024,611$2,794,350$3,505,926
35$4,255,886$3,104,816$2,819,961$3,674,401
36$4,619,844$3,186,810$2,844,287$3,855,713
37$5,018,717$3,270,612$2,867,219$4,051,092
38$5,455,995$3,356,241$2,888,640$4,261,896
39$5,935,525$3,443,716$2,908,428$4,489,618
40$6,461,542$3,533,051$2,926,454$4,735,905
41$7,038,712$3,624,263$2,942,582$5,002,570
42$7,672,172$3,717,364$2,956,671$5,291,614
43$8,367,584$3,812,365$2,968,570$5,605,239
44$9,131,184$3,909,277$2,978,122$5,945,875
45$9,969,838$4,008,105$2,985,163$6,316,196
46$10,891,115$4,108,855$2,989,519$6,719,155
47$11,903,348$4,211,529$2,991,008$7,158,000
48$13,015,722$4,316,126$2,989,439$7,636,318
49$14,238,352$4,422,643$2,984,612$8,158,056
50$15,582,384$4,531,072$2,976,316$8,727,571
51$17,060,096$4,641,404$2,964,332$9,349,660
52$18,685,017$4,753,624$2,948,428$10,029,615
53$20,472,051$4,867,713$2,928,362$10,773,267
54$22,437,618$4,983,649$2,903,880$11,587,044
55$24,599,812$5,101,405$2,874,717$12,478,031
56$26,978,567$5,220,948$2,840,595$13,454,040
57$29,595,846$5,342,240$2,801,220$14,523,679
58$32,475,851$5,465,238$2,756,289$15,696,441
59$35,645,244$5,589,891$2,705,481$16,982,785
60$39,133,406$5,716,143$2,648,462$18,394,246
61$42,972,710$5,843,930$2,584,882$19,943,533
62$47,198,825$5,973,182$2,514,374$21,644,660
63$51,851,056$6,103,818$2,436,556$23,513,071
64$56,972,709$6,235,750$2,351,026$25,565,794
65$62,611,505$6,368,882$2,257,366$27,821,595
66$68,820,028$6,503,107$2,155,136$30,301,161
67$75,656,217$6,638,306$2,043,880$33,027,294
68$83,183,920$6,774,350$1,923,118$36,025,130
69$91,473,486$6,911,101$1,792,350$39,322,374
70$100,602,441$7,048,403$1,651,052$42,949,563
71$110,656,206$7,186,091$1,498,678$46,940,360
72$121,728,913$7,323,984$1,334,658$51,331,866
73$133,924,288$7,461,885$1,158,396$56,164,977
74$147,356,631$7,599,583$969,267$61,484,769
75$162,151,893$7,736,848$766,623$67,340,928
76$178,448,865$7,873,433$549,785$73,788,216
77$196,400,490$8,009,071$318,042$80,886,994
78$216,175,300$8,143,476$70,657$88,703,791
79$237,959,012$8,276,338$0$97,311,936
80$261,956,278$8,407,326$0$106,854,141
81$288,392,618$8,536,084$0$117,385,756
82$317,516,543$8,662,230$0$128,982,591
83$349,601,907$8,785,355$0$141,753,141
84$384,950,486$8,905,022$0$155,816,969
85$423,894,829$9,020,762$0$171,305,834
86$466,801,397$9,132,075$0$188,364,937
87$514,074,017$9,238,424$0$207,154,293
88$566,157,699$9,339,239$0$227,850,238
89$623,542,833$9,433,910$0$250,647,100
90$686,769,817$9,521,787$0$275,759,032
91$756,434,161$9,602,177$0$303,422,034
92$833,192,103$9,674,342$0$333,896,183
93$917,766,807$9,737,494$0$367,468,089
94$1,010,955,189$9,790,799$0$404,453,603
95$1,113,635,434$9,833,364$0$445,200,799
96$1,226,775,293$9,864,244$0$490,093,261
97$1,351,441,213$9,882,431$0$539,553,708
98$1,488,808,404$9,886,858$0$594,047,985
99$1,640,171,935$9,876,387$0$654,089,463
100$1,806,958,955$9,849,813$0$720,243,887