Can I retire at age 30 with 2,550,000?

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 $2,550,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$210,577$208,701$206,871$205,085$203,341$200,883
2 years$104,246$102,304$100,423$98,598$96,829$94,356
3 years$68,807$66,857$64,980$63,173$61,432$59,020
4 years$51,091$49,147$47,289$45,513$43,814$41,482
5 years$40,464$38,532$36,698$34,958$33,307$31,061
6 years$33,382$31,464$29,658$27,956$26,354$24,198
7 years$28,325$26,424$24,646$22,984$21,433$19,367
8 years$24,534$22,650$20,901$19,281$17,781$15,804
9 years$21,587$19,721$18,002$16,423$14,974$13,087
10 years$19,231$17,383$15,695$14,157$12,759$10,959
11 years$17,305$15,475$13,818$12,321$10,973$9,259
12 years$15,701$13,889$12,263$10,807$9,509$7,880
13 years$14,344$12,552$10,956$9,541$8,292$6,745
14 years$13,183$11,409$9,844$8,469$7,269$5,802
15 years$12,177$10,423$8,888$7,553$6,400$5,011
16 years$11,297$9,563$8,058$6,763$5,656$4,342
17 years$10,522$8,807$7,332$6,077$5,015$3,774
18 years$9,834$8,138$6,694$5,476$4,459$3,288
19 years$9,219$7,542$6,128$4,948$3,975$2,871
20 years$8,667$7,009$5,624$4,482$3,550$2,511
21 years$8,167$6,528$5,173$4,067$3,177$2,200
22 years$7,714$6,094$4,767$3,698$2,848$1,930
23 years$7,300$5,699$4,402$3,368$2,556$1,695
24 years$6,922$5,340$4,071$3,072$2,298$1,490
25 years$6,574$5,011$3,771$2,805$2,068$1,311
26 years$6,254$4,710$3,497$2,565$1,862$1,155
27 years$5,958$4,433$3,247$2,348$1,679$1,017
28 years$5,683$4,177$3,019$2,151$1,515$897
29 years$5,428$3,940$2,809$1,973$1,368$792
30 years$5,191$3,721$2,617$1,810$1,236$699
31 years$4,969$3,518$2,439$1,663$1,118$617
32 years$4,761$3,328$2,276$1,528$1,011$545
33 years$4,567$3,152$2,125$1,405$915$482
34 years$4,384$2,988$1,986$1,293$828$426
35 years$4,212$2,834$1,856$1,190$750$376
36 years$4,050$2,690$1,737$1,096$680$333
37 years$3,897$2,554$1,625$1,010$616$294
38 years$3,753$2,428$1,522$931$559$260
39 years$3,616$2,308$1,426$858$507$230
40 years$3,486$2,196$1,337$792$459$204
41 years$3,363$2,091$1,253$730$417$180
42 years$3,247$1,991$1,176$674$378$160
43 years$3,135$1,897$1,103$622$343$141
44 years$3,030$1,808$1,036$575$312$125
45 years$2,929$1,724$972$531$283$111
46 years$2,833$1,645$913$490$257$98
47 years$2,741$1,570$858$453$233$87
48 years$2,654$1,499$806$418$212$77
49 years$2,570$1,431$758$387$192$68
50 years$2,490$1,367$713$357$175$60

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,550,000, adding $4,619 every year, while hoping to spend $51,836 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: 62/24/14 Blend
29$2,550,000$2,550,000$2,550,000$2,550,000
30$2,814,864$2,679,714$2,640,189$2,979,502
31$3,046,828$2,755,867$2,673,483$3,166,753
32$3,300,714$2,834,014$2,706,154$3,364,758
33$3,578,704$2,914,199$2,738,128$3,579,648
34$3,883,201$2,996,463$2,769,324$3,813,065
35$4,216,849$3,080,853$2,799,659$4,066,814
36$4,582,564$3,167,410$2,829,043$4,342,884
37$4,983,552$3,256,180$2,857,382$4,643,467
38$5,423,348$3,347,207$2,884,579$4,970,972
39$5,905,845$3,440,535$2,910,528$5,328,056
40$6,435,331$3,536,210$2,935,120$5,717,644
41$7,016,527$3,634,277$2,958,238$6,142,958
42$7,654,636$3,734,780$2,979,763$6,607,545
43$8,355,388$3,837,764$2,999,564$7,115,315
44$9,125,097$3,943,273$3,017,509$7,670,570
45$9,970,715$4,051,352$3,033,454$8,278,055
46$10,899,905$4,162,046$3,047,252$8,942,993
47$11,921,106$4,275,396$3,058,745$9,671,139
48$13,043,616$4,391,448$3,067,770$10,468,833
49$14,277,678$4,510,242$3,074,154$11,343,060
50$15,634,579$4,631,822$3,077,715$12,301,515
51$17,126,752$4,756,226$3,078,264$13,352,676
52$18,767,895$4,883,496$3,075,601$14,505,885
53$20,573,103$5,013,671$3,069,517$15,771,433
54$22,559,006$5,146,786$3,059,791$17,160,661
55$24,743,924$5,282,879$3,046,194$18,686,062
56$27,148,048$5,421,983$3,028,485$20,361,405
57$29,793,619$5,564,131$3,006,410$22,201,859
58$32,705,148$5,709,353$2,979,704$24,224,139
59$35,909,639$5,857,677$2,948,090$26,446,663
60$39,436,848$6,009,129$2,911,277$28,889,726
61$43,319,561$6,163,731$2,868,960$31,575,692
62$47,593,906$6,321,504$2,820,820$34,529,202
63$52,299,691$6,482,463$2,766,523$37,777,411
64$57,480,778$6,646,623$2,705,721$41,350,242
65$63,185,502$6,813,992$2,638,047$45,280,668
66$69,467,120$6,984,575$2,563,118$49,605,023
67$76,384,320$7,158,372$2,480,536$54,363,347
68$84,001,768$7,335,380$2,389,882$59,599,761
69$92,390,722$7,515,588$2,290,717$65,362,888
70$101,629,704$7,698,980$2,182,584$71,706,305
71$111,805,239$7,885,535$2,065,006$78,689,056
72$123,012,672$8,075,224$1,937,482$86,376,206
73$135,357,066$8,268,012$1,799,489$94,839,454
74$148,954,198$8,463,856$1,650,483$104,157,813
75$163,931,644$8,662,703$1,489,892$114,418,355
76$180,429,990$8,864,493$1,317,122$125,717,031
77$198,604,152$9,069,157$1,131,548$138,159,580
78$218,624,844$9,276,613$932,523$151,862,526
79$240,680,182$9,486,772$719,367$166,954,279
80$264,977,467$9,699,530$491,372$183,576,344
81$291,745,134$9,914,772$247,798$201,884,664
82$321,234,911$10,132,370$0$222,051,087
83$353,724,197$10,352,181$0$244,266,802
84$389,518,675$10,574,047$0$268,778,311
85$428,955,200$10,797,796$0$295,778,669
86$472,404,977$11,023,234$0$325,521,449
87$520,277,067$11,250,155$0$358,286,083
88$573,022,243$11,478,328$0$394,380,500
89$631,137,250$11,707,504$0$434,144,034
90$695,169,490$11,937,412$0$477,950,621
91$765,722,190$12,167,758$0$526,212,336
92$843,460,096$12,398,221$0$579,383,278
93$929,115,747$12,628,455$0$637,963,860
94$1,023,496,390$12,858,086$0$702,505,530
95$1,127,491,600$13,086,710$0$773,615,979
96$1,242,081,677$13,313,893$0$851,964,876
97$1,368,346,899$13,539,164$0$938,290,193
98$1,507,477,719$13,762,019$0$1,033,405,166
99$1,660,786,005$13,981,917$0$1,138,205,979
100$1,829,717,421$14,198,275$0$1,253,680,219