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

Use the below retirement simulation to view the chances of a successful retirement.
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%12.4%
1 years$215,531$213,612$211,738$209,910$208,125$206,037
2 years$106,699$104,712$102,786$100,918$99,107$97,004
3 years$70,426$68,430$66,509$64,659$62,878$60,825
4 years$52,293$50,303$48,402$46,583$44,845$42,858
5 years$41,416$39,438$37,562$35,781$34,090$32,176
6 years$34,167$32,204$30,355$28,614$26,975$25,134
7 years$28,992$27,045$25,225$23,525$21,938$20,172
8 years$25,112$23,183$21,393$19,735$18,199$16,509
9 years$22,095$20,185$18,426$16,810$15,326$13,710
10 years$19,684$17,792$16,064$14,490$13,059$11,516
11 years$17,712$15,839$14,143$12,611$11,231$9,760
12 years$16,070$14,216$12,551$11,061$9,733$8,332
13 years$14,682$12,847$11,214$9,765$8,487$7,156
14 years$13,493$11,678$10,076$8,669$7,440$6,175
15 years$12,463$10,668$9,097$7,731$6,550$5,351
16 years$11,563$9,788$8,248$6,922$5,789$4,653
17 years$10,770$9,014$7,505$6,220$5,133$4,059
18 years$10,066$8,329$6,851$5,605$4,564$3,549
19 years$9,436$7,720$6,272$5,065$4,068$3,109
20 years$8,871$7,173$5,756$4,587$3,634$2,730
21 years$8,359$6,682$5,294$4,163$3,252$2,400
22 years$7,895$6,237$4,880$3,785$2,915$2,114
23 years$7,472$5,834$4,505$3,447$2,617$1,863
24 years$7,085$5,466$4,167$3,144$2,352$1,645
25 years$6,729$5,129$3,859$2,871$2,116$1,453
26 years$6,401$4,821$3,579$2,625$1,906$1,285
27 years$6,098$4,537$3,324$2,403$1,719$1,137
28 years$5,817$4,275$3,090$2,202$1,551$1,006
29 years$5,556$4,033$2,875$2,019$1,400$891
30 years$5,313$3,809$2,678$1,853$1,265$790
31 years$5,086$3,600$2,497$1,702$1,144$700
32 years$4,873$3,407$2,330$1,564$1,035$621
33 years$4,674$3,226$2,175$1,438$936$551
34 years$4,487$3,058$2,032$1,323$848$489
35 years$4,311$2,900$1,900$1,218$768$434
36 years$4,145$2,753$1,778$1,122$696$386
37 years$3,989$2,615$1,664$1,034$631$343
38 years$3,841$2,485$1,558$953$572$304
39 years$3,701$2,363$1,460$879$518$270
40 years$3,568$2,248$1,368$810$470$240
41 years$3,442$2,140$1,283$748$427$214
42 years$3,323$2,038$1,203$690$387$190
43 years$3,209$1,942$1,129$637$351$169
44 years$3,101$1,851$1,060$588$319$150
45 years$2,998$1,765$995$543$290$133
46 years$2,900$1,684$935$502$263$119
47 years$2,806$1,607$878$463$239$105
48 years$2,716$1,534$825$428$217$94
49 years$2,630$1,465$776$396$197$83
50 years$2,548$1,399$729$366$179$74

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 $5,908 every year, while hoping to spend $33,042 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: 43/41/16 Blend
29$2,610,000$2,610,000$2,610,000$2,610,000
30$2,882,314$2,743,984$2,703,529$2,992,607
31$3,141,154$2,843,283$2,758,941$3,169,990
32$3,425,288$2,946,340$2,815,102$3,358,317
33$3,737,261$3,053,304$2,872,001$3,561,641
34$4,079,877$3,164,332$2,929,629$3,781,356
35$4,456,224$3,279,584$2,987,972$4,018,992
36$4,869,706$3,399,230$3,047,015$4,276,234
37$5,324,069$3,523,446$3,106,743$4,554,928
38$5,823,443$3,652,414$3,167,138$4,857,109
39$6,372,378$3,786,326$3,228,181$5,185,011
40$6,975,884$3,925,380$3,289,849$5,541,090
41$7,639,485$4,069,783$3,352,119$5,928,049
42$8,369,262$4,219,753$3,414,965$6,348,858
43$9,171,919$4,375,513$3,478,359$6,806,787
44$10,054,841$4,537,299$3,542,269$7,305,430
45$11,026,163$4,705,355$3,606,664$7,848,743
46$12,094,850$4,879,936$3,671,506$8,441,077
47$13,270,780$5,061,308$3,736,756$9,087,222
48$14,564,836$5,249,748$3,802,374$9,792,446
49$15,989,009$5,445,546$3,868,313$10,562,549
50$17,556,512$5,649,002$3,934,527$11,403,914
51$19,281,905$5,860,432$4,000,962$12,323,566
52$21,181,229$6,080,162$4,067,563$13,329,240
53$23,272,159$6,308,535$4,134,271$14,429,447
54$25,574,173$6,545,907$4,201,024$15,633,561
55$28,108,733$6,792,651$4,267,752$16,951,900
56$30,899,487$7,049,153$4,334,385$18,395,826
57$33,972,493$7,315,820$4,400,845$19,977,848
58$37,356,465$7,593,073$4,467,051$21,711,740
59$41,083,044$7,881,353$4,532,917$23,612,672
60$45,187,094$8,181,120$4,598,350$25,697,347
61$49,707,036$8,492,853$4,663,253$27,984,161
62$54,685,204$8,817,053$4,727,522$30,493,373
63$60,168,249$9,154,242$4,791,047$33,247,296
64$66,207,576$9,504,966$4,853,714$36,270,504
65$72,859,833$9,869,794$4,915,397$39,590,065
66$80,187,441$10,249,319$4,975,969$43,235,792
67$88,259,187$10,644,163$5,035,290$47,240,524
68$97,150,868$11,054,971$5,093,216$51,640,434
69$106,946,012$11,482,420$5,149,595$56,475,366
70$117,736,662$11,927,215$5,204,263$61,789,215
71$129,624,246$12,390,093$5,257,050$67,630,331
72$142,720,535$12,871,823$5,307,777$74,051,980
73$157,148,696$13,373,209$5,356,254$81,112,839
74$173,044,455$13,895,088$5,402,280$88,877,551
75$190,557,379$14,438,337$5,445,646$97,417,334
76$209,852,286$15,003,871$5,486,130$106,810,644
77$231,110,803$15,592,644$5,523,499$117,143,919
78$254,533,077$16,205,655$5,557,508$128,512,391
79$280,339,665$16,843,946$5,587,899$141,020,979
80$308,773,618$17,508,607$5,614,400$154,785,278
81$340,102,772$18,200,773$5,636,728$169,932,648
82$374,622,278$18,921,635$5,654,582$186,603,411
83$412,657,389$19,672,433$5,667,649$204,952,173
84$454,566,525$20,454,465$5,675,597$225,149,280
85$500,744,663$21,269,086$5,678,082$247,382,421
86$551,627,060$22,117,713$5,674,739$271,858,396
87$607,693,364$23,001,825$5,665,187$298,805,066
88$669,472,142$23,922,969$5,649,026$328,473,496
89$737,545,869$24,882,763$5,625,836$361,140,325
90$812,556,423$25,882,894$5,595,178$397,110,367
91$895,211,152$26,925,130$5,556,590$436,719,490
92$986,289,544$28,011,315$5,509,590$480,337,775
93$1,086,650,587$29,143,380$5,453,671$528,373,011
94$1,197,240,882$30,323,340$5,388,304$581,274,533
95$1,319,103,572$31,553,304$5,312,932$639,537,461
96$1,453,388,197$32,835,476$5,226,976$703,707,367
97$1,601,361,539$34,172,160$5,129,826$774,385,421
98$1,764,419,586$35,565,766$5,020,845$852,234,057
99$1,944,100,708$37,018,813$4,899,367$937,983,219
100$2,142,100,179$38,533,934$4,764,695$1,032,437,250