Can I retire at age 30 with 2,650,000?

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 $2,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$218,835$216,885$214,983$213,127$211,315$204,224
2 years$108,334$106,316$104,361$102,465$100,626$93,552
3 years$71,505$69,479$67,528$65,650$63,841$57,006
4 years$53,094$51,074$49,143$47,297$45,532$38,988
5 years$42,051$40,043$38,137$36,329$34,613$28,378
6 years$34,691$32,698$30,821$29,053$27,388$21,466
7 years$29,436$27,460$25,612$23,886$22,274$16,665
8 years$25,496$23,538$21,721$20,037$18,478$13,178
9 years$22,434$20,494$18,708$17,067$15,561$10,563
10 years$19,985$18,065$16,310$14,712$13,259$8,555
11 years$17,983$16,082$14,359$12,804$11,403$6,984
12 years$16,316$14,434$12,744$11,231$9,882$5,738
13 years$14,907$13,044$11,386$9,915$8,617$4,738
14 years$13,699$11,857$10,230$8,801$7,554$3,928
15 years$12,654$10,831$9,236$7,849$6,651$3,267
16 years$11,740$9,938$8,374$7,028$5,878$2,725
17 years$10,935$9,152$7,620$6,315$5,212$2,278
18 years$10,220$8,457$6,956$5,691$4,634$1,907
19 years$9,581$7,838$6,368$5,142$4,131$1,600
20 years$9,007$7,283$5,844$4,657$3,689$1,343
21 years$8,487$6,784$5,376$4,227$3,302$1,129
22 years$8,016$6,333$4,954$3,843$2,959$950
23 years$7,587$5,923$4,575$3,500$2,657$800
24 years$7,193$5,549$4,231$3,192$2,388$674
25 years$6,832$5,208$3,918$2,915$2,149$568
26 years$6,499$4,895$3,634$2,666$1,935$479
27 years$6,192$4,606$3,375$2,440$1,745$404
28 years$5,906$4,341$3,137$2,235$1,575$341
29 years$5,641$4,095$2,919$2,050$1,422$288
30 years$5,394$3,867$2,719$1,881$1,285$243
31 years$5,164$3,656$2,535$1,728$1,161$205
32 years$4,948$3,459$2,365$1,588$1,051$173
33 years$4,746$3,276$2,209$1,460$951$146
34 years$4,556$3,105$2,064$1,344$861$124
35 years$4,377$2,945$1,929$1,237$780$105
36 years$4,209$2,795$1,805$1,139$706$88
37 years$4,050$2,655$1,689$1,050$640$75
38 years$3,900$2,523$1,582$967$580$63
39 years$3,758$2,399$1,482$892$526$53
40 years$3,623$2,282$1,389$823$477$45
41 years$3,495$2,173$1,303$759$433$38
42 years$3,374$2,069$1,222$701$393$32
43 years$3,258$1,971$1,147$647$357$27
44 years$3,149$1,879$1,076$597$324$23
45 years$3,044$1,792$1,011$551$294$19
46 years$2,944$1,710$949$509$267$16
47 years$2,849$1,631$892$471$242$14
48 years$2,758$1,557$838$435$220$12
49 years$2,671$1,487$788$402$200$10
50 years$2,587$1,421$740$371$182$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,650,000, adding $5,916 every year, while hoping to spend $47,866 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: 61/16/23 Blend
29$2,650,000$2,650,000$2,650,000$2,650,000
30$2,926,402$2,785,952$2,744,877$3,086,777
31$3,173,966$2,871,535$2,785,902$3,281,745
32$3,445,178$2,959,707$2,826,696$3,488,680
33$3,742,398$3,050,544$2,867,202$3,713,480
34$4,068,227$3,144,126$2,907,359$3,957,894
35$4,425,531$3,240,532$2,947,099$4,223,845
36$4,817,463$3,339,847$2,986,355$4,513,451
37$5,247,499$3,442,154$3,025,053$4,829,045
38$5,719,466$3,547,542$3,063,115$5,173,197
39$6,237,581$3,656,100$3,100,458$5,548,736
40$6,806,487$3,767,922$3,136,996$5,958,780
41$7,431,301$3,883,103$3,172,638$6,406,762
42$8,117,658$4,001,740$3,207,286$6,896,463
43$8,871,768$4,123,933$3,240,838$7,432,050
44$9,700,468$4,249,786$3,273,187$8,018,113
45$10,611,296$4,379,406$3,304,218$8,659,708
46$11,612,551$4,512,900$3,333,813$9,362,405
47$12,713,380$4,650,380$3,361,844$10,132,340
48$13,923,858$4,791,962$3,388,180$10,976,276
49$15,255,087$4,937,764$3,412,679$11,901,661
50$16,719,298$5,087,907$3,435,196$12,916,703
51$18,329,966$5,242,514$3,455,575$14,030,445
52$20,101,940$5,401,714$3,473,653$15,252,851
53$22,051,578$5,565,638$3,489,261$16,594,899
54$24,196,905$5,734,420$3,502,217$18,068,685
55$26,557,781$5,908,199$3,512,333$19,687,540
56$29,156,089$6,087,115$3,519,411$21,466,149
57$32,015,942$6,271,315$3,523,243$23,420,697
58$35,163,906$6,460,948$3,523,610$25,569,016
59$38,629,257$6,656,167$3,520,283$27,930,757
60$42,444,250$6,857,128$3,513,021$30,527,572
61$46,644,429$7,063,993$3,501,573$33,383,322
62$51,268,958$7,276,926$3,485,673$36,524,299
63$56,360,994$7,496,097$3,465,045$39,979,476
64$61,968,089$7,721,679$3,439,398$43,780,779
65$68,142,644$7,953,851$3,408,427$47,963,391
66$74,942,398$8,192,794$3,371,814$52,566,081
67$82,430,977$8,438,695$3,329,224$57,631,571
68$90,678,491$8,691,746$3,280,308$63,206,940
69$99,762,197$8,952,142$3,224,699$69,344,069
70$109,767,229$9,220,085$3,162,013$76,100,128
71$120,787,396$9,495,779$3,091,851$83,538,117
72$132,926,074$9,779,435$3,013,791$91,727,464
73$146,297,175$10,071,269$2,927,394$100,744,675
74$161,026,226$10,371,501$2,832,202$110,674,060
75$177,251,553$10,680,356$2,727,733$121,608,528
76$195,125,584$10,998,066$2,613,484$133,650,465
77$214,816,289$11,324,867$2,488,931$146,912,697
78$236,508,765$11,660,999$2,353,524$161,519,562
79$260,406,981$12,006,711$2,206,690$177,608,078
80$286,735,707$12,362,253$2,047,827$195,329,239
81$315,742,629$12,727,884$1,876,310$214,849,439
82$347,700,694$13,103,867$1,691,483$236,352,049
83$382,910,680$13,490,471$1,492,663$260,039,139
84$421,704,036$13,887,971$1,279,134$286,133,395
85$464,446,014$14,296,648$1,050,151$314,880,214
86$511,539,110$14,716,787$804,934$346,550,028
87$563,426,870$15,148,680$542,670$381,440,852
88$620,598,071$15,592,625$262,509$419,881,101
89$683,591,336$16,048,925$0$462,232,690
90$753,000,220$16,517,891$0$508,903,401
91$829,478,812$16,999,837$0$560,393,130
92$913,747,906$17,495,084$0$617,121,973
93$1,006,601,809$18,003,959$0$679,623,932
94$1,108,915,835$18,526,795$0$748,487,464
95$1,221,654,573$19,063,930$0$824,361,041
96$1,345,880,985$19,615,709$0$907,959,263
97$1,482,766,447$20,182,481$0$1,000,069,609
98$1,633,601,803$20,764,600$0$1,101,559,867
99$1,799,809,550$21,362,429$0$1,213,386,329
100$1,982,957,269$21,976,333$0$1,336,602,812