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

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 $2,630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$217,183$215,248$213,361$211,519$209,720$202,198
2 years$107,516$105,514$103,573$101,692$99,867$92,370
3 years$70,966$68,955$67,019$65,155$63,359$56,124
4 years$52,694$50,689$48,773$46,940$45,189$38,269
5 years$41,734$39,741$37,849$36,055$34,352$27,766
6 years$34,429$32,451$30,588$28,833$27,181$20,935
7 years$29,214$27,253$25,419$23,705$22,106$16,197
8 years$25,304$23,360$21,557$19,886$18,339$12,762
9 years$22,265$20,339$18,567$16,938$15,444$10,192
10 years$19,835$17,928$16,187$14,601$13,159$8,224
11 years$17,848$15,960$14,251$12,707$11,317$6,688
12 years$16,193$14,325$12,647$11,146$9,807$5,472
13 years$14,794$12,946$11,300$9,840$8,552$4,500
14 years$13,596$11,767$10,153$8,735$7,497$3,715
15 years$12,559$10,750$9,167$7,790$6,601$3,077
16 years$11,652$9,863$8,311$6,975$5,834$2,555
17 years$10,853$9,083$7,563$6,267$5,173$2,127
18 years$10,143$8,393$6,904$5,648$4,599$1,773
19 years$9,509$7,779$6,320$5,103$4,099$1,480
20 years$8,939$7,228$5,800$4,622$3,662$1,237
21 years$8,423$6,733$5,335$4,195$3,277$1,035
22 years$7,956$6,285$4,917$3,814$2,937$867
23 years$7,529$5,878$4,540$3,474$2,637$727
24 years$7,139$5,508$4,199$3,168$2,370$609
25 years$6,781$5,169$3,889$2,893$2,132$511
26 years$6,450$4,858$3,607$2,645$1,921$429
27 years$6,145$4,572$3,349$2,421$1,732$360
28 years$5,862$4,308$3,113$2,219$1,563$302
29 years$5,599$4,064$2,897$2,035$1,411$254
30 years$5,354$3,838$2,699$1,867$1,275$213
31 years$5,125$3,628$2,516$1,715$1,153$179
32 years$4,911$3,433$2,347$1,576$1,043$151
33 years$4,710$3,251$2,192$1,449$944$127
34 years$4,521$3,081$2,048$1,333$854$106
35 years$4,344$2,922$1,915$1,227$774$90
36 years$4,177$2,774$1,791$1,130$701$75
37 years$4,019$2,635$1,676$1,042$635$63
38 years$3,870$2,504$1,570$960$576$53
39 years$3,729$2,381$1,471$885$522$45
40 years$3,596$2,265$1,379$816$474$38
41 years$3,469$2,156$1,293$753$430$32
42 years$3,348$2,054$1,213$695$390$27
43 years$3,234$1,957$1,138$642$354$22
44 years$3,125$1,865$1,068$593$321$19
45 years$3,021$1,778$1,003$547$292$16
46 years$2,922$1,697$942$506$265$13
47 years$2,827$1,619$885$467$241$11
48 years$2,737$1,546$832$432$218$9
49 years$2,650$1,476$782$399$198$8
50 years$2,568$1,410$735$369$180$7

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 $2,263 every year, while hoping to spend $26,873 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: 55/29/16 Blend
29$2,630,000$2,630,000$2,630,000$2,630,000
30$2,900,594$2,761,204$2,720,439$3,047,711
31$3,167,862$2,867,911$2,782,981$3,254,846
32$3,461,491$2,978,945$2,846,718$3,477,199
33$3,784,141$3,094,491$2,911,661$3,718,717
34$4,138,742$3,214,740$2,977,821$3,981,235
35$4,528,525$3,339,893$3,045,208$4,266,773
36$4,957,045$3,470,159$3,113,834$4,577,553
37$5,428,224$3,605,757$3,183,707$4,916,017
38$5,946,377$3,746,913$3,254,836$5,284,855
39$6,516,263$3,893,867$3,327,228$5,687,024
40$7,143,123$4,046,868$3,400,892$6,125,776
41$7,832,732$4,206,175$3,475,832$6,604,693
42$8,591,453$4,372,060$3,552,055$7,127,715
43$9,426,297$4,544,807$3,629,564$7,699,178
44$10,344,988$4,724,711$3,708,363$8,323,855
45$11,356,038$4,912,083$3,788,454$9,006,998
46$12,468,824$5,107,245$3,869,838$9,754,391
47$13,693,680$5,310,537$3,952,514$10,572,399
48$15,041,993$5,522,310$4,036,480$11,468,032
49$16,526,307$5,742,934$4,121,733$12,449,003
50$18,160,447$5,972,795$4,208,268$13,523,810
51$19,959,646$6,212,295$4,296,078$14,701,806
52$21,940,689$6,461,856$4,385,156$15,993,292
53$24,122,070$6,721,918$4,475,490$17,409,609
54$26,524,170$6,992,941$4,567,068$18,963,248
55$29,169,447$7,275,407$4,659,876$20,667,965
56$32,082,645$7,569,817$4,753,897$22,538,908
57$35,291,035$7,876,697$4,849,112$24,592,761
58$38,824,662$8,196,598$4,945,499$26,847,901
59$42,716,639$8,530,092$5,043,035$29,324,567
60$47,003,452$8,877,782$5,141,691$32,045,051
61$51,725,305$9,240,294$5,241,439$35,033,908
62$56,926,503$9,618,286$5,342,245$38,318,185
63$62,655,868$10,012,444$5,444,072$41,927,676
64$68,967,199$10,423,486$5,546,880$45,895,201
65$75,919,779$10,852,162$5,650,626$50,256,912
66$83,578,936$11,299,258$5,755,262$55,052,637
67$92,016,661$11,765,595$5,860,736$60,326,249
68$101,312,283$12,252,031$5,966,994$66,126,083
69$111,553,221$12,759,466$6,073,973$72,505,387
70$122,835,807$13,288,838$6,181,609$79,522,824
71$135,266,199$13,841,130$6,289,832$87,243,021
72$148,961,377$14,417,371$6,398,567$95,737,182
73$164,050,250$15,018,635$6,507,732$105,083,753
74$180,674,875$15,646,048$6,617,240$115,369,163
75$198,991,794$16,300,786$6,727,000$126,688,634
76$219,173,513$16,984,081$6,836,911$139,147,081
77$241,410,131$17,697,220$6,946,867$152,860,097
78$265,911,134$18,441,553$7,056,756$167,955,043
79$292,907,369$19,218,489$7,166,457$184,572,246
80$322,653,229$20,029,503$7,275,842$202,866,320
81$355,429,050$20,876,141$7,384,774$223,007,625
82$391,543,759$21,760,017$7,493,110$245,183,870
83$431,337,787$22,682,823$7,600,694$269,601,879
84$475,186,289$23,646,328$7,707,364$296,489,544
85$523,502,677$24,652,385$7,812,947$326,097,972
86$576,742,529$25,702,931$7,917,260$358,703,845
87$635,407,887$26,799,995$8,020,109$394,612,039
88$700,051,997$27,945,700$8,121,288$434,158,487
89$771,284,530$29,142,269$8,220,580$477,713,352
90$849,777,339$30,392,027$8,317,757$525,684,513
91$936,270,801$31,697,409$8,412,575$578,521,415
92$1,031,580,805$33,060,965$8,504,779$636,719,301
93$1,136,606,457$34,485,362$8,594,099$700,823,886
94$1,252,338,564$35,973,394$8,680,250$771,436,503
95$1,379,868,992$37,527,984$8,762,932$849,219,770
96$1,520,400,967$39,152,193$8,841,828$934,903,843
97$1,675,260,442$40,849,227$8,916,606$1,029,293,302
98$1,845,908,609$42,622,441$8,986,914$1,133,274,739
99$2,033,955,694$44,475,347$9,052,382$1,247,825,121
100$2,241,176,160$46,411,625$9,112,623$1,374,021,003