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%11.8%
1 years$215,531$213,612$211,738$209,910$208,125$206,554
2 years$106,699$104,712$102,786$100,918$99,107$97,523
3 years$70,426$68,430$66,509$64,659$62,878$61,330
4 years$52,293$50,303$48,402$46,583$44,845$43,345
5 years$41,416$39,438$37,562$35,781$34,090$32,643
6 years$34,167$32,204$30,355$28,614$26,975$25,582
7 years$28,992$27,045$25,225$23,525$21,938$20,600
8 years$25,112$23,183$21,393$19,735$18,199$16,916
9 years$22,095$20,185$18,426$16,810$15,326$14,098
10 years$19,684$17,792$16,064$14,490$13,059$11,885
11 years$17,712$15,839$14,143$12,611$11,231$10,110
12 years$16,070$14,216$12,551$11,061$9,733$8,664
13 years$14,682$12,847$11,214$9,765$8,487$7,469
14 years$13,493$11,678$10,076$8,669$7,440$6,471
15 years$12,463$10,668$9,097$7,731$6,550$5,631
16 years$11,563$9,788$8,248$6,922$5,789$4,916
17 years$10,770$9,014$7,505$6,220$5,133$4,306
18 years$10,066$8,329$6,851$5,605$4,564$3,781
19 years$9,436$7,720$6,272$5,065$4,068$3,327
20 years$8,871$7,173$5,756$4,587$3,634$2,934
21 years$8,359$6,682$5,294$4,163$3,252$2,591
22 years$7,895$6,237$4,880$3,785$2,915$2,292
23 years$7,472$5,834$4,505$3,447$2,617$2,030
24 years$7,085$5,466$4,167$3,144$2,352$1,800
25 years$6,729$5,129$3,859$2,871$2,116$1,598
26 years$6,401$4,821$3,579$2,625$1,906$1,419
27 years$6,098$4,537$3,324$2,403$1,719$1,262
28 years$5,817$4,275$3,090$2,202$1,551$1,122
29 years$5,556$4,033$2,875$2,019$1,400$999
30 years$5,313$3,809$2,678$1,853$1,265$890
31 years$5,086$3,600$2,497$1,702$1,144$793
32 years$4,873$3,407$2,330$1,564$1,035$707
33 years$4,674$3,226$2,175$1,438$936$630
34 years$4,487$3,058$2,032$1,323$848$562
35 years$4,311$2,900$1,900$1,218$768$502
36 years$4,145$2,753$1,778$1,122$696$448
37 years$3,989$2,615$1,664$1,034$631$400
38 years$3,841$2,485$1,558$953$572$357
39 years$3,701$2,363$1,460$879$518$319
40 years$3,568$2,248$1,368$810$470$285
41 years$3,442$2,140$1,283$748$427$254
42 years$3,323$2,038$1,203$690$387$227
43 years$3,209$1,942$1,129$637$351$203
44 years$3,101$1,851$1,060$588$319$181
45 years$2,998$1,765$995$543$290$162
46 years$2,900$1,684$935$502$263$145
47 years$2,806$1,607$878$463$239$130
48 years$2,716$1,534$825$428$217$116
49 years$2,630$1,465$776$396$197$104
50 years$2,548$1,399$729$366$179$93

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 $6,521 every year, while hoping to spend $54,188 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: 46/27/27 Blend
29$2,610,000$2,610,000$2,610,000$2,610,000
30$2,882,946$2,744,616$2,704,161$2,992,898
31$3,119,351$2,821,447$2,737,095$3,148,142
32$3,378,053$2,900,226$2,769,316$3,310,713
33$3,661,270$2,980,992$2,800,743$3,486,055
34$3,971,442$3,063,783$2,831,290$3,675,395
35$4,311,258$3,148,638$2,860,868$3,880,079
36$4,683,680$3,235,594$2,889,380$4,101,594
37$5,091,967$3,324,691$2,916,727$4,341,576
38$5,539,713$3,415,966$2,942,802$4,601,826
39$6,030,872$3,509,456$2,967,494$4,884,330
40$6,569,802$3,605,200$2,990,686$5,191,275
41$7,161,301$3,703,235$3,012,254$5,525,069
42$7,810,657$3,803,597$3,032,068$5,888,366
43$8,523,693$3,906,322$3,049,991$6,284,091
44$9,306,824$4,011,445$3,065,879$6,715,466
45$10,167,115$4,119,002$3,079,582$7,186,040
46$11,112,353$4,229,025$3,090,940$7,699,725
47$12,151,113$4,341,548$3,099,787$8,260,832
48$13,292,844$4,456,600$3,105,947$8,874,109
49$14,547,954$4,574,214$3,109,236$9,544,792
50$15,927,912$4,694,417$3,109,462$10,278,648
51$17,445,351$4,817,235$3,106,421$11,082,032
52$19,114,192$4,942,695$3,099,901$11,961,949
53$20,949,771$5,070,819$3,089,680$12,926,119
54$22,968,986$5,201,628$3,075,522$13,983,046
55$25,190,455$5,335,140$3,057,185$15,142,107
56$27,634,691$5,471,371$3,034,410$16,413,633
57$30,324,295$5,610,333$3,006,928$17,809,010
58$33,284,171$5,752,038$2,974,458$19,340,786
59$36,541,759$5,896,490$2,936,705$21,022,791
60$40,127,292$6,043,692$2,893,358$22,870,266
61$44,074,086$6,193,642$2,844,095$24,900,007
62$48,418,847$6,346,336$2,788,577$27,130,527
63$53,202,024$6,501,761$2,726,449$29,582,229
64$58,468,186$6,659,902$2,657,340$32,277,596
65$64,266,442$6,820,738$2,580,862$35,241,411
66$70,650,906$6,984,242$2,496,609$38,500,983
67$77,681,209$7,150,380$2,404,155$42,086,413
68$85,423,056$7,319,112$2,303,058$46,030,873
69$93,948,850$7,490,391$2,192,853$50,370,923
70$103,338,372$7,664,160$2,073,053$55,146,855
71$113,679,539$7,840,356$1,943,153$60,403,077
72$125,069,225$8,018,907$1,802,622$66,188,527
73$137,614,181$8,199,729$1,650,905$72,557,143
74$151,432,042$8,382,730$1,487,425$79,568,369
75$166,652,434$8,567,807$1,311,576$87,287,716
76$183,418,196$8,754,843$1,122,728$95,787,385
77$201,886,733$8,943,711$920,221$105,146,948
78$222,231,497$9,134,271$703,366$115,454,099
79$244,643,625$9,326,365$471,444$126,805,485
80$269,333,742$9,519,825$223,705$139,307,619
81$296,533,950$9,714,463$0$153,077,888
82$326,500,017$9,910,075$0$168,257,378
83$359,513,790$10,106,440$0$185,046,483
84$395,885,857$10,303,316$0$203,538,060
85$435,958,477$10,500,441$0$223,905,532
86$480,108,810$10,697,531$0$246,340,007
87$528,752,479$10,894,280$0$271,052,082
88$582,347,488$11,090,356$0$298,273,834
89$641,398,548$11,285,400$0$328,261,008
90$706,461,843$11,479,028$0$361,295,431
91$778,150,274$11,670,823$0$397,687,678
92$857,139,249$11,860,340$0$437,779,995
93$944,173,055$12,047,100$0$481,949,541
94$1,040,071,886$12,230,587$0$530,611,938
95$1,145,739,582$12,410,250$0$584,225,204
96$1,262,172,166$12,585,498$0$643,294,070
97$1,390,467,237$12,755,698$0$708,374,752
98$1,531,834,342$12,920,174$0$780,080,198
99$1,687,606,384$13,078,201$0$859,085,875
100$1,859,252,209$13,229,007$0$946,136,150