Can I retire at age 30 with 2,630,000?

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 $2,630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$217,183$215,248$213,361$211,519$209,720$204,153
2 years$107,516$105,514$103,573$101,692$99,867$94,297
3 years$70,966$68,955$67,019$65,155$63,359$57,961
4 years$52,694$50,689$48,773$46,940$45,189$40,003
5 years$41,734$39,741$37,849$36,055$34,352$29,394
6 years$34,429$32,451$30,588$28,833$27,181$22,456
7 years$29,214$27,253$25,419$23,705$22,106$17,612
8 years$25,304$23,360$21,557$19,886$18,339$14,076
9 years$22,265$20,339$18,567$16,938$15,444$11,407
10 years$19,835$17,928$16,187$14,601$13,159$9,343
11 years$17,848$15,960$14,251$12,707$11,317$7,717
12 years$16,193$14,325$12,647$11,146$9,807$6,416
13 years$14,794$12,946$11,300$9,840$8,552$5,362
14 years$13,596$11,767$10,153$8,735$7,497$4,501
15 years$12,559$10,750$9,167$7,790$6,601$3,792
16 years$11,652$9,863$8,311$6,975$5,834$3,204
17 years$10,853$9,083$7,563$6,267$5,173$2,714
18 years$10,143$8,393$6,904$5,648$4,599$2,303
19 years$9,509$7,779$6,320$5,103$4,099$1,958
20 years$8,939$7,228$5,800$4,622$3,662$1,667
21 years$8,423$6,733$5,335$4,195$3,277$1,421
22 years$7,956$6,285$4,917$3,814$2,937$1,212
23 years$7,529$5,878$4,540$3,474$2,637$1,035
24 years$7,139$5,508$4,199$3,168$2,370$885
25 years$6,781$5,169$3,889$2,893$2,132$757
26 years$6,450$4,858$3,607$2,645$1,921$647
27 years$6,145$4,572$3,349$2,421$1,732$554
28 years$5,862$4,308$3,113$2,219$1,563$475
29 years$5,599$4,064$2,897$2,035$1,411$407
30 years$5,354$3,838$2,699$1,867$1,275$348
31 years$5,125$3,628$2,516$1,715$1,153$299
32 years$4,911$3,433$2,347$1,576$1,043$256
33 years$4,710$3,251$2,192$1,449$944$220
34 years$4,521$3,081$2,048$1,333$854$188
35 years$4,344$2,922$1,915$1,227$774$161
36 years$4,177$2,774$1,791$1,130$701$139
37 years$4,019$2,635$1,676$1,042$635$119
38 years$3,870$2,504$1,570$960$576$102
39 years$3,729$2,381$1,471$885$522$87
40 years$3,596$2,265$1,379$816$474$75
41 years$3,469$2,156$1,293$753$430$64
42 years$3,348$2,054$1,213$695$390$55
43 years$3,234$1,957$1,138$642$354$47
44 years$3,125$1,865$1,068$593$321$41
45 years$3,021$1,778$1,003$547$292$35
46 years$2,922$1,697$942$506$265$30
47 years$2,827$1,619$885$467$241$26
48 years$2,737$1,546$832$432$218$22
49 years$2,650$1,476$782$399$198$19
50 years$2,568$1,410$735$369$180$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,630,000, adding $3,939 every year, while hoping to spend $25,543 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: 29/41/30 Blend
29$2,630,000$2,630,000$2,630,000$2,630,000
30$2,902,323$2,762,933$2,722,168$2,959,600
31$3,171,182$2,871,139$2,786,183$3,113,774
32$3,466,609$2,983,791$2,851,487$3,276,936
33$3,791,287$3,101,080$2,918,095$3,451,845
34$4,148,171$3,223,206$2,986,023$3,639,539
35$4,540,517$3,350,376$3,055,288$3,841,151
36$4,971,913$3,482,808$3,125,904$4,057,927
37$5,446,312$3,620,729$3,197,886$4,291,231
38$5,968,069$3,764,378$3,271,248$4,542,564
39$6,541,981$3,914,002$3,346,003$4,813,568
40$7,173,335$4,069,860$3,422,167$5,106,049
41$7,867,956$4,232,223$3,499,749$5,421,989
42$8,632,260$4,401,375$3,578,764$5,763,564
43$9,473,319$4,577,611$3,659,221$6,133,164
44$10,398,924$4,761,240$3,741,132$6,533,417
45$11,417,660$4,952,587$3,824,505$6,967,207
46$12,538,985$5,151,987$3,909,350$7,437,705
47$13,773,322$5,359,795$3,995,673$7,948,397
48$15,132,156$5,576,380$4,083,483$8,503,113
49$16,628,140$5,802,126$4,172,784$9,106,065
50$18,275,218$6,037,438$4,263,580$9,761,885
51$20,088,755$6,282,738$4,355,875$10,475,664
52$22,085,681$6,538,465$4,449,669$11,253,003
53$24,284,651$6,805,080$4,544,964$12,100,063
54$26,706,222$7,083,066$4,641,757$13,023,620
55$29,373,047$7,372,926$4,740,046$14,031,128
56$32,310,086$7,675,188$4,839,826$15,130,791
57$35,544,843$7,990,401$4,941,089$16,331,632
58$39,107,629$8,319,142$5,043,827$17,643,584
59$43,031,841$8,662,014$5,148,029$19,077,575
60$47,354,282$9,019,646$5,253,681$20,645,635
61$52,115,508$9,392,698$5,360,769$22,361,001
62$57,360,208$9,781,859$5,469,273$24,238,248
63$63,137,629$10,187,849$5,579,173$26,293,417
64$69,502,037$10,611,424$5,690,445$28,544,167
65$76,513,232$11,053,371$5,803,063$31,009,942
66$84,237,112$11,514,516$5,916,995$33,712,145
67$92,746,293$11,995,723$6,032,210$36,674,344
68$102,120,796$12,497,894$6,148,670$39,922,491
69$112,448,800$13,021,974$6,266,334$43,485,159
70$123,827,480$13,568,953$6,385,158$47,393,815
71$136,363,915$14,139,863$6,505,092$51,683,109
72$150,176,106$14,735,789$6,626,085$56,391,201
73$165,394,088$15,357,861$6,748,078$61,560,117
74$182,161,154$16,007,266$6,871,008$67,236,141
75$200,635,213$16,685,243$6,994,807$73,470,250
76$220,990,274$17,393,089$7,119,403$80,318,590
77$243,418,095$18,132,164$7,244,717$87,843,001
78$268,129,989$18,903,888$7,370,663$96,111,602
79$295,358,818$19,709,749$7,497,150$105,199,421
80$325,361,195$20,551,304$7,624,082$115,189,106
81$358,419,900$21,430,181$7,751,352$126,171,697
82$394,846,558$22,348,088$7,878,850$138,247,483
83$434,984,570$23,306,808$8,006,455$151,526,937
84$479,212,366$24,308,211$8,134,041$166,131,764
85$527,946,967$25,354,253$8,261,471$182,196,034
86$581,647,928$26,446,981$8,388,601$199,867,448
87$640,821,673$27,588,540$8,515,276$219,308,724
88$706,026,279$28,781,174$8,641,332$240,699,126
89$777,876,740$30,027,231$8,766,597$264,236,151
90$857,050,774$31,329,173$8,890,885$290,137,385
91$944,295,224$32,689,574$9,014,001$318,642,552
92$1,040,433,105$34,111,130$9,135,737$350,015,766
93$1,146,371,371$35,596,665$9,255,875$384,548,019
94$1,263,109,485$37,149,136$9,374,180$422,559,918
95$1,391,748,846$38,771,637$9,490,409$464,404,703
96$1,533,503,190$40,467,409$9,604,299$510,471,576
97$1,689,710,051$42,239,847$9,715,579$561,189,358
98$1,861,843,381$44,092,505$9,823,956$617,030,536
99$2,051,527,473$46,029,105$9,929,125$678,515,706
100$2,260,552,288$48,053,544$10,030,764$746,218,482