Can I retire at age 30 with 2,520,000?

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 $2,520,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$208,099$206,246$204,437$202,672$200,948$197,782
2 years$103,019$101,101$99,241$97,438$95,690$92,508
3 years$67,997$66,070$64,216$62,430$60,709$57,611
4 years$50,490$48,569$46,733$44,977$43,299$40,308
5 years$39,988$38,079$36,266$34,547$32,915$30,040
6 years$32,989$31,094$29,309$27,627$26,044$23,289
7 years$27,992$26,113$24,356$22,714$21,181$18,546
8 years$24,246$22,383$20,655$19,054$17,572$15,056
9 years$21,333$19,489$17,791$16,230$14,798$12,401
10 years$19,005$17,178$15,510$13,990$12,609$10,328
11 years$17,101$15,293$13,655$12,176$10,844$8,677
12 years$15,516$13,726$12,118$10,680$9,397$7,342
13 years$14,175$12,404$10,827$9,429$8,194$6,248
14 years$13,027$11,275$9,728$8,370$7,183$5,342
15 years$12,033$10,300$8,783$7,464$6,325$4,585
16 years$11,165$9,450$7,963$6,683$5,590$3,949
17 years$10,399$8,703$7,246$6,005$4,956$3,410
18 years$9,719$8,042$6,615$5,412$4,407$2,952
19 years$9,111$7,453$6,056$4,890$3,928$2,560
20 years$8,565$6,926$5,558$4,429$3,508$2,225
21 years$8,071$6,451$5,112$4,019$3,140$1,936
22 years$7,623$6,022$4,711$3,655$2,814$1,686
23 years$7,214$5,632$4,350$3,328$2,526$1,471
24 years$6,840$5,277$4,023$3,036$2,271$1,284
25 years$6,497$4,952$3,726$2,772$2,043$1,122
26 years$6,180$4,654$3,456$2,535$1,840$981
27 years$5,888$4,380$3,209$2,320$1,659$858
28 years$5,617$4,128$2,983$2,126$1,497$751
29 years$5,364$3,894$2,776$1,949$1,352$658
30 years$5,130$3,677$2,586$1,789$1,222$577
31 years$4,910$3,476$2,411$1,643$1,104$505
32 years$4,705$3,289$2,249$1,510$999$443
33 years$4,513$3,115$2,100$1,389$904$389
34 years$4,332$2,952$1,962$1,278$819$341
35 years$4,162$2,800$1,835$1,176$741$299
36 years$4,002$2,658$1,716$1,083$672$262
37 years$3,851$2,524$1,606$998$609$230
38 years$3,708$2,399$1,504$920$552$202
39 years$3,573$2,281$1,409$848$501$178
40 years$3,445$2,170$1,321$782$454$156
41 years$3,324$2,066$1,239$722$412$137
42 years$3,208$1,968$1,162$666$374$120
43 years$3,099$1,875$1,090$615$339$106
44 years$2,994$1,787$1,023$568$308$93
45 years$2,895$1,704$961$524$280$81
46 years$2,800$1,626$903$484$254$72
47 years$2,709$1,551$848$447$230$63
48 years$2,622$1,481$797$414$209$55
49 years$2,540$1,414$749$382$190$49
50 years$2,460$1,351$704$353$173$43

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,520,000, adding $5,361 every year, while hoping to spend $42,562 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: 78/13/9 Blend
29$2,520,000$2,520,000$2,520,000$2,520,000
30$2,782,570$2,649,010$2,609,950$2,995,304
31$3,021,106$2,733,526$2,652,098$3,220,306
32$3,282,547$2,820,756$2,694,231$3,460,971
33$3,569,183$2,910,790$2,736,304$3,723,675
34$3,883,539$3,003,717$2,778,269$4,010,593
35$4,228,393$3,099,632$2,820,074$4,324,123
36$4,606,807$3,198,633$2,861,664$4,666,906
37$5,022,154$3,300,818$2,902,982$5,041,847
38$5,478,147$3,406,292$2,943,967$5,452,150
39$5,978,880$3,515,162$2,984,551$5,901,339
40$6,528,859$3,627,539$3,024,667$6,393,298
41$7,133,051$3,743,536$3,064,241$6,932,304
42$7,796,925$3,863,272$3,103,196$7,523,068
43$8,526,507$3,986,868$3,141,449$8,170,779
44$9,328,437$4,114,451$3,178,914$8,881,154
45$10,210,029$4,246,151$3,215,499$9,660,488
46$11,179,341$4,382,101$3,251,108$10,515,718
47$12,245,252$4,522,442$3,285,638$11,454,484
48$13,417,543$4,667,317$3,318,982$12,485,205
49$14,706,990$4,816,873$3,351,026$13,617,153
50$16,125,468$4,971,265$3,381,650$14,860,544
51$17,686,060$5,130,651$3,410,729$16,226,635
52$19,403,179$5,295,194$3,438,129$17,727,825
53$21,292,708$5,465,063$3,463,712$19,377,777
54$23,372,147$5,640,434$3,487,329$21,191,543
55$25,660,778$5,821,487$3,508,826$23,185,707
56$28,179,846$6,008,409$3,528,040$25,378,542
57$30,952,762$6,201,392$3,544,801$27,790,181
58$34,005,320$6,400,637$3,558,928$30,442,807
59$37,365,943$6,606,349$3,570,233$33,360,862
60$41,065,951$6,818,741$3,578,517$36,571,277
61$45,139,853$7,038,034$3,583,572$40,103,728
62$49,625,675$7,264,456$3,585,180$43,990,910
63$54,565,321$7,498,241$3,583,110$48,268,852
64$60,004,962$7,739,633$3,577,123$52,977,254
65$65,995,477$7,988,884$3,566,965$58,159,859
66$72,592,929$8,246,253$3,552,372$63,864,870
67$79,859,098$8,512,009$3,533,067$70,145,400
68$87,862,060$8,786,431$3,508,758$77,059,975
69$96,676,830$9,069,806$3,479,141$84,673,087
70$106,386,070$9,362,430$3,443,896$93,055,801
71$117,080,872$9,664,612$3,402,689$102,286,425
72$128,861,611$9,976,668$3,355,169$112,451,251
73$141,838,898$10,298,927$3,300,970$123,645,365
74$156,134,620$10,631,730$3,239,707$135,973,549
75$171,883,093$10,975,426$3,170,979$149,551,265
76$189,232,326$11,330,380$3,094,365$164,505,747
77$208,345,422$11,696,967$3,009,425$180,977,203
78$229,402,113$12,075,576$2,915,698$199,120,133
79$252,600,457$12,466,609$2,812,703$219,104,793
80$278,158,712$12,870,481$2,699,937$241,118,796
81$306,317,389$13,287,622$2,576,873$265,368,887
82$337,341,525$13,718,478$2,442,961$292,082,891
83$371,523,186$14,163,509$2,297,625$321,511,867
84$409,184,220$14,623,190$2,140,264$353,932,472
85$450,679,298$15,098,013$1,970,251$389,649,575
86$496,399,260$15,588,490$1,786,928$428,999,138
87$546,774,804$16,095,145$1,589,610$472,351,378
88$602,280,553$16,618,526$1,377,580$520,114,271
89$663,439,531$17,159,196$1,150,092$572,737,398
90$730,828,106$17,717,740$906,362$630,716,186
91$805,081,425$18,294,760$645,577$694,596,591
92$886,899,411$18,890,884$366,884$764,980,245
93$977,053,371$19,506,758$69,395$842,530,140
94$1,076,393,277$20,143,051$0$927,976,883
95$1,185,855,788$20,800,458$0$1,022,149,418
96$1,306,473,093$21,479,694$0$1,125,919,814
97$1,439,382,653$22,181,504$0$1,240,259,218
98$1,585,837,941$22,906,656$0$1,366,245,169
99$1,747,220,274$23,655,945$0$1,505,065,102
100$1,925,051,852$24,430,195$0$1,658,027,549