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

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 $2,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$218,835$216,885$214,983$213,127$211,315$208,588
2 years$108,334$106,316$104,361$102,465$100,626$97,883
3 years$71,505$69,479$67,528$65,650$63,841$61,167
4 years$53,094$51,074$49,143$47,297$45,532$42,947
5 years$42,051$40,043$38,137$36,329$34,613$32,124
6 years$34,691$32,698$30,821$29,053$27,388$24,999
7 years$29,436$27,460$25,612$23,886$22,274$19,986
8 years$25,496$23,538$21,721$20,037$18,478$16,291
9 years$22,434$20,494$18,708$17,067$15,561$13,474
10 years$19,985$18,065$16,310$14,712$13,259$11,269
11 years$17,983$16,082$14,359$12,804$11,403$9,510
12 years$16,316$14,434$12,744$11,231$9,882$8,082
13 years$14,907$13,044$11,386$9,915$8,617$6,910
14 years$13,699$11,857$10,230$8,801$7,554$5,935
15 years$12,654$10,831$9,236$7,849$6,651$5,119
16 years$11,740$9,938$8,374$7,028$5,878$4,430
17 years$10,935$9,152$7,620$6,315$5,212$3,845
18 years$10,220$8,457$6,956$5,691$4,634$3,345
19 years$9,581$7,838$6,368$5,142$4,131$2,916
20 years$9,007$7,283$5,844$4,657$3,689$2,547
21 years$8,487$6,784$5,376$4,227$3,302$2,228
22 years$8,016$6,333$4,954$3,843$2,959$1,951
23 years$7,587$5,923$4,575$3,500$2,657$1,711
24 years$7,193$5,549$4,231$3,192$2,388$1,502
25 years$6,832$5,208$3,918$2,915$2,149$1,320
26 years$6,499$4,895$3,634$2,666$1,935$1,160
27 years$6,192$4,606$3,375$2,440$1,745$1,021
28 years$5,906$4,341$3,137$2,235$1,575$899
29 years$5,641$4,095$2,919$2,050$1,422$792
30 years$5,394$3,867$2,719$1,881$1,285$698
31 years$5,164$3,656$2,535$1,728$1,161$615
32 years$4,948$3,459$2,365$1,588$1,051$542
33 years$4,746$3,276$2,209$1,460$951$478
34 years$4,556$3,105$2,064$1,344$861$422
35 years$4,377$2,945$1,929$1,237$780$373
36 years$4,209$2,795$1,805$1,139$706$329
37 years$4,050$2,655$1,689$1,050$640$290
38 years$3,900$2,523$1,582$967$580$256
39 years$3,758$2,399$1,482$892$526$227
40 years$3,623$2,282$1,389$823$477$200
41 years$3,495$2,173$1,303$759$433$177
42 years$3,374$2,069$1,222$701$393$156
43 years$3,258$1,971$1,147$647$357$138
44 years$3,149$1,879$1,076$597$324$122
45 years$3,044$1,792$1,011$551$294$108
46 years$2,944$1,710$949$509$267$95
47 years$2,849$1,631$892$471$242$84
48 years$2,758$1,557$838$435$220$74
49 years$2,671$1,487$788$402$200$66
50 years$2,587$1,421$740$371$182$58

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 $3,249 every year, while hoping to spend $20,723 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: 58/26/16 Blend
29$2,650,000$2,650,000$2,650,000$2,650,000
30$2,923,651$2,783,201$2,742,126$3,080,950
31$3,199,815$2,897,529$2,811,938$3,302,151
32$3,503,452$3,016,764$2,883,395$3,540,614
33$3,837,344$3,141,126$2,956,528$3,800,092
34$4,204,554$3,270,842$3,031,373$4,082,610
35$4,608,457$3,406,152$3,107,963$4,390,397
36$5,052,772$3,547,306$3,186,332$4,725,903
37$5,541,596$3,694,565$3,266,515$5,091,825
38$6,079,444$3,848,203$3,348,548$5,491,129
39$6,671,289$4,008,507$3,432,466$5,927,077
40$7,322,612$4,175,775$3,518,306$6,403,261
41$8,039,452$4,350,322$3,606,102$6,923,631
42$8,828,463$4,532,474$3,695,893$7,492,536
43$9,696,975$4,722,575$3,787,715$8,114,762
44$10,653,068$4,920,983$3,881,605$8,795,576
45$11,705,644$5,128,073$3,977,601$9,540,776
46$12,864,509$5,344,239$4,075,741$10,356,745
47$14,140,474$5,569,891$4,176,062$11,250,509
48$15,545,445$5,805,459$4,278,604$12,229,804
49$17,092,547$6,051,393$4,383,404$13,303,146
50$18,796,240$6,308,164$4,490,500$14,479,913
51$20,672,457$6,576,264$4,599,933$15,770,431
52$22,738,757$6,856,211$4,711,740$17,186,068
53$25,014,487$7,148,542$4,825,960$18,739,344
54$27,520,968$7,453,824$4,942,633$20,444,048
55$30,281,692$7,772,647$5,061,797$22,315,363
56$33,322,549$8,105,630$5,183,491$24,370,011
57$36,672,064$8,453,421$5,307,753$26,626,408
58$40,361,674$8,816,699$5,434,623$29,104,839
59$44,426,020$9,196,172$5,564,138$31,827,645
60$48,903,274$9,592,585$5,696,336$34,819,432
61$53,835,501$10,006,714$5,831,256$38,107,306
62$59,269,054$10,439,375$5,968,935$41,721,122
63$65,255,013$10,891,419$6,109,410$45,693,767
64$71,849,665$11,363,740$6,252,716$50,061,468
65$79,115,040$11,857,272$6,398,891$54,864,132
66$87,119,489$12,372,993$6,547,969$60,145,718
67$95,938,335$12,911,928$6,699,984$65,954,658
68$105,654,582$13,475,150$6,854,970$72,344,300
69$116,359,699$14,063,781$7,012,961$79,373,420
70$128,154,480$14,678,998$7,173,987$87,106,768
71$141,150,001$15,322,033$7,338,080$95,615,681
72$155,468,663$15,994,175$7,505,268$104,978,749
73$171,245,352$16,696,776$7,675,580$115,282,559
74$188,628,709$17,431,248$7,849,042$126,622,506
75$207,782,532$18,199,074$8,025,680$139,103,693
76$228,887,326$19,001,804$8,205,516$152,841,918
77$252,142,005$19,841,065$8,388,573$167,964,765
78$277,765,769$20,718,556$8,574,869$184,612,806
79$306,000,173$21,636,061$8,764,423$202,940,924
80$337,111,409$22,595,446$8,957,249$223,119,767
81$371,392,816$23,598,666$9,153,360$245,337,363
82$409,167,651$24,647,769$9,352,766$269,800,887
83$450,792,143$25,744,901$9,555,475$296,738,609
84$496,658,848$26,892,307$9,761,490$326,402,052
85$547,200,363$28,092,343$9,970,812$359,068,356
86$602,893,406$29,347,474$10,183,440$395,042,892
87$664,263,315$30,660,281$10,399,367$434,662,139
88$731,889,010$32,033,472$10,618,583$478,296,857
89$806,408,457$33,469,881$10,841,074$526,355,579
90$888,524,692$34,972,477$11,066,822$579,288,463
91$979,012,453$36,544,371$11,295,803$637,591,538
92$1,078,725,501$38,188,823$11,527,990$701,811,376
93$1,188,604,674$39,909,247$11,763,349$772,550,252
94$1,309,686,771$41,709,220$12,001,842$850,471,814
95$1,443,114,341$43,592,492$12,243,423$936,307,350
96$1,590,146,468$45,562,988$12,488,043$1,030,862,678
97$1,752,170,658$47,624,825$12,735,642$1,135,025,750
98$1,930,715,937$49,782,313$12,986,158$1,249,775,025
99$2,127,467,286$52,039,970$13,239,517$1,376,188,695
100$2,344,281,549$54,402,529$13,495,642$1,515,454,859