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%18.8%
1 years$214,706$212,793$210,927$209,106$207,328$199,971
2 years$106,290$104,310$102,392$100,532$98,727$91,395
3 years$70,156$68,168$66,254$64,412$62,637$55,558
4 years$52,093$50,111$48,216$46,405$44,673$37,902
5 years$41,257$39,287$37,418$35,643$33,960$27,514
6 years$34,036$32,081$30,239$28,504$26,871$20,756
7 years$28,880$26,942$25,129$23,435$21,853$16,068
8 years$25,015$23,094$21,311$19,659$18,130$12,668
9 years$22,011$20,107$18,355$16,745$15,268$10,124
10 years$19,608$17,724$16,003$14,434$13,009$8,173
11 years$17,644$15,778$14,088$12,562$11,188$6,651
12 years$16,008$14,162$12,503$11,019$9,695$5,446
13 years$14,625$12,798$11,171$9,728$8,455$4,481
14 years$13,441$11,633$10,037$8,635$7,411$3,702
15 years$12,415$10,627$9,062$7,701$6,525$3,069
16 years$11,519$9,750$8,216$6,896$5,767$2,550
17 years$10,729$8,980$7,476$6,196$5,114$2,124
18 years$10,027$8,298$6,825$5,584$4,547$1,772
19 years$9,400$7,690$6,248$5,045$4,053$1,480
20 years$8,837$7,146$5,734$4,569$3,620$1,238
21 years$8,327$6,656$5,274$4,147$3,239$1,037
22 years$7,865$6,213$4,861$3,771$2,904$869
23 years$7,443$5,811$4,488$3,434$2,606$729
24 years$7,058$5,445$4,151$3,132$2,343$612
25 years$6,703$5,110$3,845$2,860$2,108$514
26 years$6,377$4,802$3,566$2,615$1,899$431
27 years$6,075$4,519$3,311$2,394$1,712$362
28 years$5,795$4,259$3,078$2,193$1,545$305
29 years$5,535$4,018$2,864$2,011$1,395$256
30 years$5,292$3,794$2,668$1,846$1,260$215
31 years$5,066$3,587$2,487$1,695$1,140$181
32 years$4,855$3,394$2,321$1,558$1,031$152
33 years$4,656$3,214$2,167$1,433$933$128
34 years$4,470$3,046$2,025$1,318$845$108
35 years$4,295$2,889$1,893$1,213$765$91
36 years$4,129$2,742$1,771$1,118$693$76
37 years$3,974$2,604$1,657$1,030$628$64
38 years$3,826$2,475$1,552$949$570$54
39 years$3,687$2,354$1,454$875$516$45
40 years$3,555$2,239$1,363$807$468$38
41 years$3,429$2,132$1,278$745$425$32
42 years$3,310$2,030$1,199$687$386$27
43 years$3,197$1,934$1,125$634$350$23
44 years$3,089$1,844$1,056$586$318$19
45 years$2,986$1,758$991$541$288$16
46 years$2,889$1,677$931$500$262$14
47 years$2,795$1,601$875$462$238$11
48 years$2,706$1,528$822$427$216$10
49 years$2,620$1,459$773$394$196$8
50 years$2,539$1,394$726$364$178$7

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 $4,632 every year, while hoping to spend $54,983 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: 55/24/21 Blend
29$2,600,000$2,600,000$2,600,000$2,600,000
30$2,869,978$2,732,178$2,691,878$3,011,221
31$3,104,214$2,807,553$2,723,554$3,183,782
32$3,360,500$2,884,779$2,754,449$3,365,402
33$3,641,026$2,963,888$2,784,478$3,562,005
34$3,948,204$3,044,913$2,813,552$3,775,042
35$4,284,693$3,127,885$2,841,578$4,006,111
36$4,653,417$3,212,837$2,868,456$4,256,972
37$5,057,599$3,299,799$2,894,083$4,529,563
38$5,500,788$3,388,804$2,918,349$4,826,020
39$5,986,893$3,479,879$2,941,138$5,148,695
40$6,520,218$3,573,056$2,962,328$5,500,178
41$7,105,507$3,668,362$2,981,793$5,883,323
42$7,747,982$3,765,825$2,999,396$6,301,273
43$8,453,398$3,865,472$3,014,998$6,757,493
44$9,228,092$3,967,328$3,028,448$7,255,798
45$10,079,048$4,071,417$3,039,591$7,800,392
46$11,013,956$4,177,762$3,048,262$8,395,908
47$12,041,290$4,286,383$3,054,290$9,047,450
48$13,170,385$4,397,299$3,057,492$9,760,641
49$14,411,527$4,510,529$3,057,680$10,541,678
50$15,776,044$4,626,086$3,054,654$11,397,389
51$17,276,420$4,743,984$3,048,204$12,335,297
52$18,926,407$4,864,232$3,038,112$13,363,695
53$20,741,159$4,986,837$3,024,147$14,491,717
54$22,737,369$5,111,805$3,006,068$15,729,431
55$24,933,433$5,239,135$2,983,623$17,087,932
56$27,349,616$5,368,825$2,956,547$18,579,445
57$30,008,247$5,500,869$2,924,562$20,217,443
58$32,933,932$5,635,255$2,887,379$22,016,773
59$36,153,780$5,771,969$2,844,693$23,993,796
60$39,697,660$5,910,990$2,796,185$26,166,543
61$43,598,486$6,052,294$2,741,522$28,554,884
62$47,892,524$6,195,848$2,680,355$31,180,716
63$52,619,735$6,341,617$2,612,319$34,068,172
64$57,824,149$6,489,558$2,537,033$37,243,845
65$63,554,285$6,639,619$2,454,097$40,737,044
66$69,863,605$6,791,744$2,363,092$44,580,067
67$76,811,019$6,945,866$2,263,583$48,808,508
68$84,461,442$7,101,912$2,155,111$53,461,595
69$92,886,402$7,259,799$2,037,201$58,582,557
70$102,164,720$7,419,434$1,909,352$64,219,036
71$112,383,249$7,580,714$1,771,043$70,423,535
72$123,637,697$7,743,525$1,621,729$77,253,916
73$136,033,526$7,907,742$1,460,841$84,773,945
74$149,686,950$8,073,226$1,287,784$93,053,896
75$164,726,031$8,239,826$1,101,936$102,171,215
76$181,291,885$8,407,376$902,650$112,211,249
77$199,540,015$8,575,695$689,247$123,268,059
78$219,641,781$8,744,588$461,020$135,445,301
79$241,786,009$8,913,840$217,232$148,857,211
80$266,180,784$9,083,219$0$163,629,683
81$293,055,402$9,252,475$0$179,911,077
82$322,662,543$9,421,337$0$197,897,243
83$355,280,650$9,589,510$0$217,708,143
84$391,216,560$9,756,679$0$239,529,670
85$430,808,396$9,922,504$0$263,566,675
86$474,428,765$10,086,619$0$290,044,900
87$522,488,265$10,248,630$0$319,213,109
88$575,439,369$10,408,113$0$351,345,437
89$633,780,690$10,564,616$0$386,743,978
90$698,061,691$10,717,653$0$425,741,639
91$768,887,869$10,866,703$0$468,705,277
92$846,926,468$11,011,209$0$516,039,169
93$932,912,784$11,150,574$0$568,188,825
94$1,027,657,099$11,284,163$0$625,645,195
95$1,132,052,331$11,411,295$0$688,949,303
96$1,247,082,464$11,531,244$0$758,697,359
97$1,373,831,836$11,643,235$0$835,546,381
98$1,513,495,372$11,746,443$0$920,220,406
99$1,667,389,870$11,839,988$0$1,013,517,320
100$1,836,966,422$11,922,933$0$1,116,316,392