Can I retire at age 30 with 2,510,000?

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 $2,510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$207,273$205,427$203,626$201,868$200,151$196,673
2 years$102,611$100,700$98,848$97,052$95,310$91,818
3 years$67,728$65,808$63,961$62,182$60,469$57,070
4 years$50,289$48,376$46,547$44,799$43,127$39,849
5 years$39,829$37,927$36,122$34,410$32,784$29,636
6 years$32,858$30,971$29,192$27,518$25,941$22,926
7 years$27,881$26,009$24,259$22,624$21,097$18,216
8 years$24,149$22,295$20,574$18,979$17,502$14,754
9 years$21,249$19,411$17,720$16,166$14,739$12,123
10 years$18,930$17,110$15,449$13,935$12,559$10,072
11 years$17,033$15,232$13,601$12,127$10,801$8,441
12 years$15,454$13,672$12,070$10,637$9,360$7,124
13 years$14,119$12,355$10,784$9,391$8,162$6,046
14 years$12,976$11,230$9,690$8,337$7,155$5,156
15 years$11,986$10,259$8,748$7,435$6,300$4,413
16 years$11,120$9,413$7,932$6,657$5,568$3,790
17 years$10,357$8,669$7,217$5,981$4,937$3,264
18 years$9,680$8,010$6,589$5,390$4,389$2,817
19 years$9,075$7,424$6,032$4,871$3,912$2,436
20 years$8,531$6,899$5,535$4,411$3,495$2,110
21 years$8,039$6,426$5,092$4,003$3,127$1,831
22 years$7,593$5,998$4,693$3,640$2,803$1,590
23 years$7,186$5,610$4,333$3,315$2,516$1,383
24 years$6,813$5,256$4,007$3,024$2,262$1,203
25 years$6,471$4,933$3,711$2,761$2,035$1,048
26 years$6,156$4,636$3,442$2,525$1,833$913
27 years$5,864$4,363$3,196$2,311$1,653$797
28 years$5,594$4,111$2,971$2,117$1,491$695
29 years$5,343$3,878$2,765$1,942$1,347$607
30 years$5,109$3,663$2,576$1,782$1,217$530
31 years$4,891$3,463$2,401$1,637$1,100$463
32 years$4,687$3,276$2,240$1,504$995$405
33 years$4,495$3,103$2,092$1,383$901$354
34 years$4,315$2,941$1,954$1,273$815$309
35 years$4,146$2,789$1,827$1,171$738$270
36 years$3,986$2,647$1,709$1,079$669$236
37 years$3,836$2,514$1,600$994$606$207
38 years$3,694$2,390$1,498$916$550$181
39 years$3,559$2,272$1,404$845$499$158
40 years$3,432$2,162$1,316$779$452$139
41 years$3,311$2,058$1,234$719$410$121
42 years$3,196$1,960$1,157$664$372$106
43 years$3,086$1,867$1,086$612$338$93
44 years$2,982$1,780$1,019$566$307$81
45 years$2,883$1,697$957$522$278$71
46 years$2,789$1,619$899$482$253$62
47 years$2,698$1,545$845$446$230$55
48 years$2,612$1,475$794$412$208$48
49 years$2,530$1,409$746$381$189$42
50 years$2,451$1,346$701$352$172$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,510,000, adding $4,862 every year, while hoping to spend $37,049 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: 62/25/13 Blend
29$2,510,000$2,510,000$2,510,000$2,510,000
30$2,771,035$2,638,005$2,599,100$2,933,901
31$3,014,261$2,727,848$2,646,750$3,133,593
32$3,281,054$2,820,851$2,694,755$3,346,816
33$3,573,779$2,917,130$2,743,087$3,578,662
34$3,895,041$3,016,806$2,791,716$3,830,940
35$4,247,709$3,120,003$2,840,612$4,105,639
36$4,634,943$3,226,851$2,889,741$4,404,946
37$5,060,225$3,337,484$2,939,065$4,731,273
38$5,527,390$3,452,043$2,988,546$5,087,269
39$6,040,663$3,570,672$3,038,142$5,475,855
40$6,604,699$3,693,523$3,087,807$5,900,244
41$7,224,624$3,820,752$3,137,495$6,363,975
42$7,906,089$3,952,523$3,187,154$6,870,943
43$8,655,317$4,089,003$3,236,731$7,425,437
44$9,479,164$4,230,369$3,286,166$8,032,182
45$10,385,186$4,376,804$3,335,400$8,696,378
46$11,381,704$4,528,497$3,384,365$9,423,752
47$12,477,891$4,685,646$3,432,994$10,220,614
48$13,683,849$4,848,455$3,481,212$11,093,911
49$15,010,711$5,017,139$3,528,942$12,051,294
50$16,470,742$5,191,918$3,576,101$13,101,191
51$18,077,459$5,373,023$3,622,601$14,252,885
52$19,845,751$5,560,693$3,668,350$15,516,601
53$21,792,028$5,755,177$3,713,250$16,903,601
54$23,934,368$5,956,734$3,757,197$18,426,293
55$26,292,693$6,165,633$3,800,083$20,098,343
56$28,888,954$6,382,155$3,841,791$21,934,807
57$31,747,336$6,606,590$3,882,200$23,952,271
58$34,894,492$6,839,241$3,921,182$26,169,006
59$38,359,790$7,080,423$3,958,601$28,605,142
60$42,175,589$7,330,464$3,994,314$31,282,857
61$46,377,547$7,589,704$4,028,172$34,226,581
62$51,004,956$7,858,499$4,060,015$37,463,233
63$56,101,113$8,137,217$4,089,677$41,022,470
64$61,713,729$8,426,243$4,116,983$44,936,966
65$67,895,375$8,725,975$4,141,749$49,242,723
66$74,703,985$9,036,830$4,163,779$53,979,404
67$82,203,397$9,359,240$4,182,871$59,190,712
68$90,463,957$9,693,655$4,198,810$64,924,802
69$99,563,181$10,040,546$4,211,371$71,234,728
70$109,586,492$10,400,398$4,220,318$78,178,950
71$120,628,017$10,773,721$4,225,402$85,821,881
72$132,791,485$11,161,044$4,226,363$94,234,497
73$146,191,199$11,562,917$4,222,928$103,495,000
74$160,953,115$11,979,913$4,214,810$113,689,563
75$177,216,034$12,412,631$4,201,708$124,913,136
76$195,132,911$12,861,691$4,183,306$137,270,345
77$214,872,295$13,327,742$4,159,275$150,876,475
78$236,619,926$13,811,457$4,129,267$165,858,562
79$260,580,480$14,313,541$4,092,920$182,356,585
80$286,979,509$14,834,724$4,049,852$200,524,791
81$316,065,563$15,375,770$3,999,666$220,533,146
82$348,112,540$15,937,472$3,941,945$242,568,941
83$383,422,270$16,520,659$3,876,250$266,838,557
84$422,327,363$17,126,192$3,802,126$293,569,413
85$465,194,350$17,754,972$3,719,094$323,012,108
86$512,427,142$18,407,934$3,626,652$355,442,789
87$564,470,843$19,086,055$3,524,277$391,165,756
88$621,815,949$19,790,352$3,411,420$430,516,328
89$685,002,982$20,521,885$3,287,509$473,864,014
90$754,627,589$21,281,761$3,151,944$521,615,993
91$831,346,167$22,071,131$3,004,097$574,220,960
92$915,882,057$22,891,197$2,843,315$632,173,359
93$1,009,032,372$23,743,211$2,668,912$696,018,047
94$1,111,675,526$24,628,480$2,480,172$766,355,437
95$1,224,779,519$25,548,365$2,276,348$843,847,165
96$1,349,411,082$26,504,287$2,056,658$929,222,330
97$1,486,745,743$27,497,727$1,820,285$1,023,284,379
98$1,638,078,922$28,530,230$1,566,379$1,126,918,689
99$1,804,838,167$29,603,406$1,294,048$1,241,100,919
100$1,988,596,624$30,718,937$1,002,362$1,366,906,222