Can I retire at age 30 with 2,610,000?

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 $2,610,000?

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$215,531$213,612$211,738$209,910$208,125$200,741
2 years$106,699$104,712$102,786$100,918$99,107$91,746
3 years$70,426$68,430$66,509$64,659$62,878$55,771
4 years$52,293$50,303$48,402$46,583$44,845$38,048
5 years$41,416$39,438$37,562$35,781$34,090$27,620
6 years$34,167$32,204$30,355$28,614$26,975$20,836
7 years$28,992$27,045$25,225$23,525$21,938$16,130
8 years$25,112$23,183$21,393$19,735$18,199$12,717
9 years$22,095$20,185$18,426$16,810$15,326$10,163
10 years$19,684$17,792$16,064$14,490$13,059$8,205
11 years$17,712$15,839$14,143$12,611$11,231$6,677
12 years$16,070$14,216$12,551$11,061$9,733$5,467
13 years$14,682$12,847$11,214$9,765$8,487$4,499
14 years$13,493$11,678$10,076$8,669$7,440$3,717
15 years$12,463$10,668$9,097$7,731$6,550$3,081
16 years$11,563$9,788$8,248$6,922$5,789$2,560
17 years$10,770$9,014$7,505$6,220$5,133$2,132
18 years$10,066$8,329$6,851$5,605$4,564$1,779
19 years$9,436$7,720$6,272$5,065$4,068$1,486
20 years$8,871$7,173$5,756$4,587$3,634$1,243
21 years$8,359$6,682$5,294$4,163$3,252$1,041
22 years$7,895$6,237$4,880$3,785$2,915$872
23 years$7,472$5,834$4,505$3,447$2,617$732
24 years$7,085$5,466$4,167$3,144$2,352$614
25 years$6,729$5,129$3,859$2,871$2,116$516
26 years$6,401$4,821$3,579$2,625$1,906$433
27 years$6,098$4,537$3,324$2,403$1,719$364
28 years$5,817$4,275$3,090$2,202$1,551$306
29 years$5,556$4,033$2,875$2,019$1,400$257
30 years$5,313$3,809$2,678$1,853$1,265$216
31 years$5,086$3,600$2,497$1,702$1,144$182
32 years$4,873$3,407$2,330$1,564$1,035$153
33 years$4,674$3,226$2,175$1,438$936$129
34 years$4,487$3,058$2,032$1,323$848$108
35 years$4,311$2,900$1,900$1,218$768$91
36 years$4,145$2,753$1,778$1,122$696$77
37 years$3,989$2,615$1,664$1,034$631$64
38 years$3,841$2,485$1,558$953$572$54
39 years$3,701$2,363$1,460$879$518$46
40 years$3,568$2,248$1,368$810$470$38
41 years$3,442$2,140$1,283$748$427$32
42 years$3,323$2,038$1,203$690$387$27
43 years$3,209$1,942$1,129$637$351$23
44 years$3,101$1,851$1,060$588$319$19
45 years$2,998$1,765$995$543$290$16
46 years$2,900$1,684$935$502$263$14
47 years$2,806$1,607$878$463$239$11
48 years$2,716$1,534$825$428$217$10
49 years$2,630$1,465$776$396$197$8
50 years$2,548$1,399$729$366$179$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,610,000, adding $5,243 every year, while hoping to spend $59,170 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: 62/23/15 Blend
29$2,610,000$2,610,000$2,610,000$2,610,000
30$2,881,628$2,743,298$2,702,843$3,049,297
31$3,112,598$2,814,763$2,730,432$3,234,062
32$3,365,143$2,887,747$2,756,962$3,428,490
33$3,641,403$2,962,262$2,782,335$3,639,316
34$3,943,731$3,038,317$2,806,448$3,868,134
35$4,274,719$3,115,923$2,829,192$4,116,702
36$4,637,224$3,195,087$2,850,454$4,386,954
37$5,034,388$3,275,813$2,870,111$4,681,021
38$5,469,675$3,358,107$2,888,039$5,001,251
39$5,946,896$3,441,969$2,904,103$5,350,227
40$6,470,253$3,527,399$2,918,164$5,730,799
41$7,044,370$3,614,393$2,930,074$6,146,103
42$7,674,344$3,702,946$2,939,678$6,599,595
43$8,365,785$3,793,048$2,946,816$7,095,082
44$9,124,875$3,884,688$2,951,315$7,636,760
45$9,958,425$3,977,850$2,952,996$8,229,248
46$10,873,936$4,072,516$2,951,673$8,877,640
47$11,879,671$4,168,663$2,947,148$9,587,546
48$12,984,734$4,266,264$2,939,213$10,365,146
49$14,199,153$4,365,287$2,927,653$11,217,252
50$15,533,977$4,465,697$2,912,240$12,151,370
51$17,001,378$4,567,451$2,892,736$13,175,768
52$18,614,767$4,670,505$2,868,891$14,299,560
53$20,388,918$4,774,804$2,840,443$15,532,787
54$22,340,108$4,880,290$2,807,119$16,886,515
55$24,486,273$4,986,898$2,768,631$18,372,938
56$26,847,172$5,094,555$2,724,679$20,005,491
57$29,444,577$5,203,182$2,674,949$21,798,984
58$32,302,475$5,312,689$2,619,112$23,769,732
59$35,447,298$5,422,981$2,556,822$25,935,718
60$38,908,166$5,533,951$2,487,719$28,316,759
61$42,717,168$5,645,484$2,411,427$30,934,691
62$46,909,660$5,757,453$2,327,550$33,813,581
63$51,524,599$5,869,722$2,235,677$36,979,950
64$56,604,912$5,982,142$2,135,376$40,463,023
65$62,197,898$6,094,552$2,026,196$44,295,009
66$68,355,676$6,206,778$1,907,667$48,511,404
67$75,135,676$6,318,631$1,779,294$53,151,323
68$82,601,179$6,429,908$1,640,564$58,257,877
69$90,821,916$6,540,390$1,490,940$63,878,570
70$99,874,723$6,649,841$1,329,858$70,065,758
71$109,844,270$6,758,007$1,156,733$76,877,139
72$120,823,853$6,864,618$970,951$84,376,295
73$132,916,281$6,969,379$771,873$92,633,302
74$146,234,841$7,071,978$558,831$101,725,383
75$160,904,369$7,172,079$331,126$111,737,641
76$177,062,427$7,269,323$88,030$122,763,866
77$194,860,599$7,363,324$0$134,907,416
78$214,465,926$7,453,673$0$148,309,630
79$236,062,476$7,539,929$0$163,085,425
80$259,853,088$7,621,625$0$179,359,170
81$286,061,277$7,698,258$0$197,283,458
82$314,933,351$7,769,297$0$217,026,448
83$346,740,733$7,834,172$0$238,773,448
84$381,782,519$7,892,278$0$262,728,666
85$420,388,305$7,942,969$0$289,117,139
86$462,921,297$7,985,559$0$318,186,857
87$509,781,735$8,019,318$0$350,211,104
88$561,410,676$8,043,469$0$385,491,038
89$618,294,152$8,057,185$0$424,358,536
90$680,967,760$8,059,591$0$467,179,328
91$750,021,714$8,049,755$0$514,356,445
92$826,106,423$8,026,686$0$566,334,033
93$909,938,620$7,989,336$0$623,601,539
94$1,002,308,136$7,936,590$0$686,698,337
95$1,104,085,349$7,867,266$0$756,218,818
96$1,216,229,404$7,780,112$0$832,818,005
97$1,339,797,264$7,673,798$0$917,217,736
98$1,475,953,688$7,546,918$0$1,010,213,479
99$1,625,982,227$7,397,979$0$1,112,681,848
100$1,791,297,336$7,225,402$0$1,225,588,872