Can I retire at age 30 with 2,490,000?

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 $2,490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$205,622$203,790$202,003$200,259$198,556$191,283
2 years$101,793$99,897$98,060$96,278$94,551$87,304
3 years$67,188$65,284$63,451$61,687$59,987$52,995
4 years$49,889$47,991$46,176$44,442$42,783$36,099
5 years$39,512$37,625$35,835$34,135$32,523$26,164
6 years$32,596$30,724$28,960$27,298$25,734$19,705
7 years$27,659$25,802$24,066$22,444$20,929$15,228
8 years$23,957$22,117$20,410$18,827$17,363$11,985
9 years$21,079$19,257$17,579$16,037$14,622$9,560
10 years$18,779$16,974$15,326$13,824$12,458$7,703
11 years$16,898$15,111$13,492$12,031$10,715$6,256
12 years$15,331$13,563$11,974$10,553$9,285$5,113
13 years$14,007$12,257$10,698$9,316$8,097$4,199
14 years$12,872$11,141$9,612$8,270$7,098$3,461
15 years$11,890$10,178$8,679$7,375$6,249$2,863
16 years$11,032$9,338$7,868$6,604$5,523$2,374
17 years$10,275$8,600$7,160$5,934$4,897$1,973
18 years$9,603$7,946$6,536$5,347$4,354$1,642
19 years$9,002$7,365$5,984$4,832$3,881$1,369
20 years$8,463$6,844$5,491$4,376$3,467$1,142
21 years$7,975$6,375$5,051$3,972$3,102$954
22 years$7,532$5,950$4,655$3,611$2,781$798
23 years$7,129$5,565$4,298$3,289$2,496$668
24 years$6,759$5,214$3,975$2,999$2,244$559
25 years$6,420$4,893$3,682$2,739$2,019$468
26 years$6,107$4,599$3,415$2,505$1,819$392
27 years$5,818$4,328$3,171$2,293$1,640$329
28 years$5,550$4,078$2,948$2,100$1,479$276
29 years$5,301$3,848$2,743$1,926$1,336$231
30 years$5,069$3,634$2,555$1,768$1,207$194
31 years$4,852$3,435$2,382$1,624$1,091$163
32 years$4,649$3,250$2,223$1,492$987$137
33 years$4,459$3,078$2,075$1,372$893$115
34 years$4,281$2,917$1,939$1,262$809$96
35 years$4,113$2,767$1,813$1,162$733$81
36 years$3,955$2,626$1,696$1,070$664$68
37 years$3,805$2,494$1,587$986$602$57
38 years$3,664$2,370$1,486$909$545$48
39 years$3,531$2,254$1,393$838$495$40
40 years$3,404$2,145$1,305$773$449$34
41 years$3,284$2,041$1,224$713$407$28
42 years$3,170$1,944$1,148$658$369$24
43 years$3,062$1,852$1,077$608$335$20
44 years$2,958$1,766$1,011$561$304$17
45 years$2,860$1,684$950$518$276$14
46 years$2,766$1,606$892$479$251$12
47 years$2,677$1,533$838$442$228$10
48 years$2,591$1,463$787$409$207$8
49 years$2,509$1,397$740$378$188$7
50 years$2,431$1,335$696$349$171$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,490,000, adding $5,786 every year, while hoping to spend $31,708 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: 48/34/18 Blend
29$2,490,000$2,490,000$2,490,000$2,490,000
30$2,749,948$2,617,978$2,579,383$2,867,756
31$2,996,706$2,712,522$2,632,056$3,044,644
32$3,267,570$2,810,636$2,685,430$3,232,919
33$3,564,966$2,912,461$2,739,496$3,436,683
34$3,891,566$3,018,145$2,794,242$3,657,400
35$4,250,313$3,127,841$2,849,656$3,896,679
36$4,644,449$3,241,709$2,905,723$4,156,290
37$5,077,545$3,359,916$2,962,428$4,438,178
38$5,553,538$3,482,635$3,019,752$4,744,484
39$6,076,761$3,610,046$3,077,676$5,077,561
40$6,651,991$3,742,339$3,136,179$5,439,999
41$7,284,490$3,879,709$3,195,236$5,834,647
42$7,980,054$4,022,361$3,254,823$6,264,640
43$8,745,071$4,170,508$3,314,912$6,733,427
44$9,586,578$4,324,373$3,375,471$7,244,804
45$10,512,329$4,484,187$3,436,468$7,802,949
46$11,530,865$4,650,191$3,497,869$8,412,461
47$12,651,600$4,822,637$3,559,634$9,078,401
48$13,884,904$5,001,787$3,621,723$9,806,341
49$15,242,205$5,187,915$3,684,091$10,602,414
50$16,736,093$5,381,306$3,746,692$11,473,375
51$18,380,442$5,582,258$3,809,473$12,426,658
52$20,190,539$5,791,080$3,872,382$13,470,450
53$22,183,227$6,008,096$3,935,360$14,613,765
54$24,377,067$6,233,643$3,998,345$15,866,530
55$26,792,510$6,468,074$4,061,272$17,239,676
56$29,452,091$6,711,754$4,124,069$18,745,241
57$32,380,641$6,965,067$4,186,663$20,396,484
58$35,605,524$7,228,413$4,248,973$22,208,005
59$39,156,889$7,502,207$4,310,916$24,195,885
60$43,067,961$7,786,885$4,372,401$26,377,839
61$47,375,350$8,082,899$4,433,333$28,773,374
62$52,119,398$8,390,723$4,493,612$31,403,981
63$57,344,560$8,710,852$4,553,131$34,293,331
64$63,099,821$9,043,799$4,611,777$37,467,498
65$69,439,161$9,390,104$4,669,430$40,955,206
66$76,422,063$9,750,327$4,725,964$44,788,095
67$84,114,075$10,125,055$4,781,246$49,001,021
68$92,587,427$10,514,898$4,835,133$53,632,384
69$101,921,712$10,920,496$4,887,478$58,724,486
70$112,204,641$11,342,515$4,938,123$64,323,930
71$123,532,867$11,781,650$4,986,902$70,482,060
72$136,012,897$12,238,629$5,033,641$77,255,441
73$149,762,100$12,714,209$5,078,156$84,706,392
74$164,909,812$13,209,184$5,120,252$92,903,575
75$181,598,559$13,724,379$5,159,726$101,922,636
76$199,985,397$14,260,659$5,196,362$111,846,921
77$220,243,403$14,818,926$5,229,935$122,768,261
78$242,563,299$15,400,123$5,260,207$134,787,831
79$267,155,259$16,005,233$5,286,928$148,017,111
80$294,250,890$16,635,284$5,309,834$162,578,928
81$324,105,418$17,291,350$5,328,651$178,608,620
82$357,000,097$17,974,552$5,343,087$196,255,306
83$393,244,865$18,686,064$5,352,839$215,683,290
84$433,181,269$19,427,108$5,357,586$237,073,616
85$477,185,686$20,198,964$5,356,994$260,625,767
86$525,672,882$21,002,970$5,350,709$286,559,548
87$579,099,921$21,840,520$5,338,362$315,117,157
88$637,970,483$22,713,075$5,319,567$346,565,471
89$702,839,616$23,622,160$5,293,917$381,198,557
90$774,318,980$24,569,369$5,260,986$419,340,446
91$853,082,615$25,556,367$5,220,328$461,348,192
92$939,873,308$26,584,896$5,171,476$507,615,234
93$1,035,509,605$27,656,775$5,113,940$558,575,108
94$1,140,893,534$28,773,906$5,047,206$614,705,533
95$1,257,019,126$29,938,279$4,970,739$676,532,923
96$1,384,981,793$31,151,971$4,883,975$744,637,345
97$1,525,988,673$32,417,155$4,786,326$819,657,991
98$1,681,370,026$33,736,104$4,677,176$902,299,212
99$1,852,591,788$35,111,192$4,555,880$993,337,157
100$2,041,269,413$36,544,903$4,421,764$1,093,627,099