Can I retire at age 30 with 2,600,000?

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 $2,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$214,706$212,793$210,927$209,106$207,328$199,654
2 years$106,290$104,310$102,392$100,532$98,727$91,083
3 years$70,156$68,168$66,254$64,412$62,637$55,262
4 years$52,093$50,111$48,216$46,405$44,673$37,624
5 years$41,257$39,287$37,418$35,643$33,960$27,255
6 years$34,036$32,081$30,239$28,504$26,871$20,515
7 years$28,880$26,942$25,129$23,435$21,853$15,845
8 years$25,015$23,094$21,311$19,659$18,130$12,463
9 years$22,011$20,107$18,355$16,745$15,268$9,935
10 years$19,608$17,724$16,003$14,434$13,009$8,001
11 years$17,644$15,778$14,088$12,562$11,188$6,494
12 years$16,008$14,162$12,503$11,019$9,695$5,303
13 years$14,625$12,798$11,171$9,728$8,455$4,352
14 years$13,441$11,633$10,037$8,635$7,411$3,585
15 years$12,415$10,627$9,062$7,701$6,525$2,963
16 years$11,519$9,750$8,216$6,896$5,767$2,455
17 years$10,729$8,980$7,476$6,196$5,114$2,039
18 years$10,027$8,298$6,825$5,584$4,547$1,696
19 years$9,400$7,690$6,248$5,045$4,053$1,413
20 years$8,837$7,146$5,734$4,569$3,620$1,178
21 years$8,327$6,656$5,274$4,147$3,239$984
22 years$7,865$6,213$4,861$3,771$2,904$822
23 years$7,443$5,811$4,488$3,434$2,606$687
24 years$7,058$5,445$4,151$3,132$2,343$575
25 years$6,703$5,110$3,845$2,860$2,108$481
26 years$6,377$4,802$3,566$2,615$1,899$403
27 years$6,075$4,519$3,311$2,394$1,712$337
28 years$5,795$4,259$3,078$2,193$1,545$283
29 years$5,535$4,018$2,864$2,011$1,395$237
30 years$5,292$3,794$2,668$1,846$1,260$198
31 years$5,066$3,587$2,487$1,695$1,140$166
32 years$4,855$3,394$2,321$1,558$1,031$139
33 years$4,656$3,214$2,167$1,433$933$117
34 years$4,470$3,046$2,025$1,318$845$98
35 years$4,295$2,889$1,893$1,213$765$82
36 years$4,129$2,742$1,771$1,118$693$69
37 years$3,974$2,604$1,657$1,030$628$58
38 years$3,826$2,475$1,552$949$570$48
39 years$3,687$2,354$1,454$875$516$41
40 years$3,555$2,239$1,363$807$468$34
41 years$3,429$2,132$1,278$745$425$29
42 years$3,310$2,030$1,199$687$386$24
43 years$3,197$1,934$1,125$634$350$20
44 years$3,089$1,844$1,056$586$318$17
45 years$2,986$1,758$991$541$288$14
46 years$2,889$1,677$931$500$262$12
47 years$2,795$1,601$875$462$238$10
48 years$2,706$1,528$822$427$216$8
49 years$2,620$1,459$773$394$196$7
50 years$2,539$1,394$726$364$178$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,600,000, adding $2,950 every year, while hoping to spend $53,240 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: 40/50/10 Blend
29$2,600,000$2,600,000$2,600,000$2,600,000
30$2,868,243$2,730,443$2,690,143$2,974,256
31$3,104,157$2,807,588$2,723,616$3,126,267
32$3,362,349$2,886,728$2,756,426$3,285,100
33$3,645,037$2,967,906$2,788,494$3,455,728
34$3,954,660$3,051,163$2,819,738$3,639,237
35$4,293,907$3,136,541$2,850,070$3,836,827
36$4,665,737$3,224,083$2,879,399$4,049,815
37$5,073,409$3,313,830$2,907,626$4,279,650
38$5,520,515$3,405,826$2,934,650$4,527,926
39$6,011,008$3,500,112$2,960,361$4,796,399
40$6,549,246$3,596,732$2,984,648$5,086,998
41$7,140,024$3,695,727$3,007,389$5,401,848
42$7,788,628$3,797,140$3,028,458$5,743,288
43$8,500,881$3,901,012$3,047,724$6,113,893
44$9,283,194$4,007,385$3,065,046$6,516,498
45$10,142,632$4,116,299$3,080,278$6,954,221
46$11,086,979$4,227,796$3,093,265$7,430,501
47$12,124,808$4,341,915$3,103,847$7,949,120
48$13,265,564$4,458,695$3,111,851$8,514,245
49$14,519,655$4,578,174$3,117,101$9,130,465
50$15,898,544$4,700,389$3,119,409$9,802,833
51$17,414,863$4,825,376$3,118,577$10,536,917
52$19,082,529$4,953,169$3,114,399$11,338,848
53$20,916,874$5,083,802$3,106,659$12,215,379
54$22,934,793$5,217,305$3,095,129$13,173,951
55$25,154,897$5,353,709$3,079,571$14,222,759
56$27,597,696$5,493,040$3,059,736$15,370,831
57$30,285,786$5,635,323$3,035,362$16,628,116
58$33,244,064$5,780,583$3,006,175$18,005,572
59$36,499,965$5,928,837$2,971,888$19,515,271
60$40,083,715$6,080,104$2,932,199$21,170,518
61$44,028,621$6,234,396$2,886,795$22,985,967
62$48,371,383$6,391,724$2,835,346$24,977,769
63$53,152,440$6,552,094$2,777,506$27,163,716
64$58,416,350$6,715,509$2,712,914$29,563,413
65$64,212,214$6,881,965$2,641,193$32,198,465
66$70,594,135$7,051,456$2,561,947$35,092,675
67$77,621,727$7,223,968$2,474,763$38,272,272
68$85,360,685$7,399,484$2,379,209$41,766,161
69$93,883,394$7,577,978$2,274,832$45,606,191
70$103,269,622$7,759,420$2,161,160$49,827,456
71$113,607,263$7,943,772$2,037,699$54,468,632
72$124,993,174$8,130,987$1,903,933$59,572,334
73$137,534,084$8,321,012$1,759,321$65,185,527
74$151,347,603$8,513,783$1,603,300$71,359,961
75$166,563,329$8,709,229$1,435,281$78,152,664
76$183,324,075$8,907,268$1,254,650$85,626,484
77$201,787,213$9,107,806$1,060,763$93,850,673
78$222,126,159$9,310,739$852,949$102,901,552
79$244,532,013$9,515,950$630,507$112,863,222
80$269,215,356$9,723,310$392,707$123,828,366
81$296,408,244$9,932,674$138,785$135,899,120
82$326,366,394$10,143,884$0$149,188,038
83$359,371,597$10,356,766$0$163,833,263
84$395,734,380$10,571,127$0$179,974,100
85$435,796,933$10,786,759$0$197,746,451
86$479,936,343$11,003,432$0$217,316,418
87$528,568,148$11,220,899$0$238,867,038
88$582,150,264$11,438,887$0$262,600,018
89$641,187,302$11,657,104$0$288,737,637
90$706,235,337$11,875,232$0$317,524,844
91$777,907,149$12,092,926$0$349,231,574
92$856,878,014$12,309,816$0$384,155,291
93$943,892,074$12,525,499$0$422,623,804
94$1,039,769,362$12,739,545$0$464,998,356
95$1,145,413,542$12,951,488$0$511,677,039
96$1,261,820,442$13,160,830$0$563,098,549
97$1,390,087,449$13,367,032$0$619,746,334
98$1,531,423,873$13,569,521$0$682,153,155
99$1,687,162,358$13,767,677$0$750,906,118
100$1,858,771,466$13,960,841$0$826,652,217