Can I retire at age 30 with 2,540,000?

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 $2,540,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$209,751$207,882$206,060$204,280$202,543$194,507
2 years$103,837$101,903$100,029$98,212$96,449$88,452
3 years$68,537$66,595$64,725$62,925$61,191$53,486
4 years$50,891$48,954$47,103$45,334$43,642$36,287
5 years$40,305$38,381$36,554$34,821$33,176$26,189
6 years$33,251$31,341$29,541$27,847$26,251$19,637
7 years$28,214$26,320$24,549$22,894$21,349$15,106
8 years$24,438$22,561$20,819$19,205$17,711$11,833
9 years$21,503$19,643$17,932$16,359$14,915$9,392
10 years$19,156$17,315$15,633$14,101$12,709$7,530
11 years$17,237$15,414$13,763$12,272$10,930$6,084
12 years$15,639$13,835$12,215$10,765$9,472$4,945
13 years$14,288$12,503$10,913$9,503$8,259$4,039
14 years$13,131$11,365$9,805$8,436$7,240$3,311
15 years$12,129$10,382$8,853$7,524$6,375$2,723
16 years$11,253$9,525$8,026$6,737$5,634$2,245
17 years$10,481$8,772$7,304$6,053$4,996$1,854
18 years$9,796$8,106$6,667$5,455$4,442$1,534
19 years$9,183$7,513$6,104$4,929$3,959$1,271
20 years$8,633$6,981$5,602$4,464$3,536$1,055
21 years$8,135$6,503$5,152$4,051$3,165$876
22 years$7,683$6,070$4,749$3,684$2,837$728
23 years$7,272$5,677$4,385$3,355$2,546$605
24 years$6,895$5,319$4,055$3,060$2,289$503
25 years$6,549$4,992$3,756$2,794$2,059$419
26 years$6,229$4,691$3,483$2,555$1,855$349
27 years$5,934$4,415$3,235$2,339$1,673$290
28 years$5,661$4,160$3,007$2,143$1,509$242
29 years$5,407$3,925$2,798$1,965$1,363$202
30 years$5,170$3,707$2,606$1,803$1,231$168
31 years$4,949$3,504$2,430$1,656$1,113$140
32 years$4,743$3,315$2,267$1,522$1,007$117
33 years$4,549$3,140$2,117$1,400$911$97
34 years$4,367$2,976$1,978$1,288$825$81
35 years$4,195$2,822$1,849$1,185$747$68
36 years$4,034$2,679$1,730$1,092$677$56
37 years$3,882$2,544$1,619$1,006$614$47
38 years$3,738$2,418$1,516$927$556$39
39 years$3,602$2,299$1,421$855$505$33
40 years$3,473$2,188$1,331$789$458$27
41 years$3,350$2,082$1,248$728$415$23
42 years$3,234$1,983$1,171$671$377$19
43 years$3,123$1,890$1,099$620$342$16
44 years$3,018$1,801$1,032$572$310$13
45 years$2,918$1,718$969$529$282$11
46 years$2,822$1,639$910$488$256$9
47 years$2,731$1,564$855$451$232$8
48 years$2,643$1,493$803$417$211$6
49 years$2,560$1,425$755$385$192$5
50 years$2,480$1,362$710$356$174$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,540,000, adding $4,028 every year, while hoping to spend $53,659 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: 63/30/7 Blend
29$2,540,000$2,540,000$2,540,000$2,540,000
30$2,803,235$2,668,615$2,629,245$2,975,862
31$3,032,072$2,742,284$2,660,232$3,165,140
32$3,282,452$2,817,765$2,690,458$3,365,055
33$3,556,516$2,895,089$2,719,843$3,581,937
34$3,856,621$2,974,289$2,748,297$3,817,427
35$4,185,363$3,055,395$2,775,732$4,073,328
36$4,545,600$3,138,440$2,802,049$4,351,630
37$4,940,482$3,223,454$2,827,148$4,654,521
38$5,373,475$3,310,468$2,850,922$4,984,411
39$5,848,399$3,399,510$2,873,258$5,343,951
40$6,369,461$3,490,611$2,894,037$5,736,063
41$6,941,293$3,583,798$2,913,134$6,163,964
42$7,569,000$3,679,100$2,930,419$6,631,197
43$8,258,204$3,776,541$2,945,754$7,141,663
44$9,015,097$3,876,147$2,958,993$7,699,660
45$9,846,501$3,977,943$2,969,983$8,309,920
46$10,759,933$4,081,951$2,978,566$8,977,657
47$11,763,670$4,188,191$2,984,573$9,708,613
48$12,866,835$4,296,683$2,987,827$10,509,114
49$14,079,476$4,407,444$2,988,143$11,386,130
50$15,412,664$4,520,490$2,985,326$12,347,335
51$16,878,594$4,635,833$2,979,173$13,401,189
52$18,490,706$4,753,483$2,969,471$14,557,008
53$20,263,803$4,873,449$2,955,993$15,825,057
54$22,214,198$4,995,736$2,938,506$17,216,647
55$24,359,863$5,120,344$2,916,763$18,744,236
56$26,720,601$5,247,272$2,890,506$20,421,554
57$29,318,229$5,376,515$2,859,464$22,263,727
58$32,176,786$5,508,062$2,823,355$24,287,423
59$35,322,762$5,641,901$2,781,881$26,511,004
60$38,785,341$5,778,012$2,734,731$28,954,706
61$42,596,683$5,916,371$2,681,582$31,640,824
62$46,792,221$6,056,950$2,622,091$34,593,926
63$51,411,001$6,199,714$2,555,905$37,841,082
64$56,496,044$6,344,621$2,482,649$41,412,121
65$62,094,757$6,491,624$2,401,934$45,339,913
66$68,259,377$6,640,668$2,313,353$49,660,677
67$75,047,463$6,791,690$2,216,480$54,414,325
68$82,522,441$6,944,619$2,110,869$59,644,836
69$90,754,201$7,099,377$1,996,054$65,400,674
70$99,819,756$7,255,873$1,871,548$71,735,244
71$109,803,970$7,414,009$1,736,844$78,707,394
72$120,800,355$7,573,676$1,591,408$86,381,976
73$132,911,957$7,734,753$1,434,687$94,830,451
74$146,252,327$7,897,106$1,266,099$104,131,571
75$160,946,591$8,060,590$1,085,039$114,372,114
76$177,132,629$8,225,045$890,875$125,647,713
77$194,962,383$8,390,298$682,944$138,063,750
78$214,603,281$8,556,158$460,558$151,736,357
79$236,239,825$8,722,419$222,996$166,793,509
80$260,075,328$8,888,858$0$183,376,232
81$286,333,831$9,055,232$0$201,642,219
82$315,262,223$9,221,279$0$221,778,375
83$347,132,565$9,386,717$0$243,956,820
84$382,244,659$9,551,239$0$268,385,599
85$420,928,881$9,714,516$0$295,293,974
86$463,549,295$9,876,195$0$324,934,589
87$510,507,089$10,035,895$0$357,585,853
88$562,244,366$10,193,207$0$393,554,572
89$619,248,309$10,347,692$0$433,178,841
90$682,055,787$10,498,880$0$476,831,237
91$751,258,419$10,646,267$0$524,922,339
92$827,508,158$10,789,313$0$577,904,603
93$911,523,443$10,927,443$0$636,276,631
94$1,004,095,984$11,060,038$0$700,587,882
95$1,106,098,236$11,186,441$0$771,443,857
96$1,218,491,627$11,305,948$0$849,511,819
97$1,342,335,643$11,417,809$0$935,527,089
98$1,478,797,821$11,521,224$0$1,030,299,990
99$1,629,164,775$11,615,341$0$1,134,723,499
100$1,794,854,341$11,699,251$0$1,249,781,676