Can I retire at age 30 with 2,570,000?

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 $2,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$212,228$210,338$208,493$206,693$204,935$200,962
2 years$105,063$103,107$101,210$99,372$97,588$93,601
3 years$69,347$67,381$65,490$63,668$61,914$58,038
4 years$51,492$49,532$47,660$45,870$44,158$40,422
5 years$40,781$38,834$36,986$35,232$33,568$29,983
6 years$33,644$31,711$29,890$28,175$26,561$23,132
7 years$28,547$26,631$24,839$23,165$21,601$18,328
8 years$24,727$22,828$21,065$19,432$17,920$14,802
9 years$21,757$19,875$18,144$16,552$15,092$12,126
10 years$19,382$17,519$15,818$14,268$12,859$10,044
11 years$17,440$15,596$13,926$12,417$11,059$8,391
12 years$15,824$13,998$12,359$10,892$9,583$7,059
13 years$14,457$12,650$11,042$9,616$8,357$5,971
14 years$13,286$11,499$9,921$8,536$7,326$5,074
15 years$12,272$10,505$8,957$7,612$6,450$4,329
16 years$11,386$9,638$8,121$6,816$5,701$3,704
17 years$10,605$8,876$7,390$6,124$5,055$3,179
18 years$9,912$8,202$6,746$5,519$4,494$2,734
19 years$9,292$7,601$6,176$4,987$4,006$2,355
20 years$8,735$7,064$5,668$4,517$3,578$2,033
21 years$8,231$6,579$5,213$4,099$3,202$1,757
22 years$7,774$6,142$4,805$3,727$2,870$1,520
23 years$7,358$5,744$4,436$3,394$2,576$1,316
24 years$6,976$5,382$4,103$3,096$2,316$1,141
25 years$6,626$5,051$3,800$2,827$2,084$990
26 years$6,303$4,747$3,524$2,585$1,877$859
27 years$6,005$4,467$3,273$2,366$1,692$747
28 years$5,728$4,209$3,042$2,168$1,527$649
29 years$5,471$3,971$2,831$1,988$1,379$564
30 years$5,231$3,750$2,637$1,825$1,246$491
31 years$5,008$3,545$2,459$1,676$1,126$427
32 years$4,799$3,355$2,294$1,540$1,019$371
33 years$4,602$3,177$2,142$1,416$922$323
34 years$4,418$3,011$2,001$1,303$835$281
35 years$4,245$2,856$1,871$1,199$756$245
36 years$4,082$2,711$1,750$1,105$685$213
37 years$3,928$2,574$1,638$1,018$621$186
38 years$3,782$2,447$1,534$938$563$162
39 years$3,644$2,327$1,437$865$510$141
40 years$3,514$2,213$1,347$798$463$123
41 years$3,390$2,107$1,263$736$420$107
42 years$3,272$2,007$1,185$679$381$93
43 years$3,160$1,912$1,112$627$346$81
44 years$3,054$1,822$1,044$579$314$71
45 years$2,952$1,738$980$535$285$62
46 years$2,855$1,658$920$494$259$54
47 years$2,763$1,582$865$456$235$47
48 years$2,674$1,510$813$422$213$41
49 years$2,590$1,442$764$390$194$36
50 years$2,509$1,378$718$360$176$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,570,000, adding $4,923 every year, while hoping to spend $35,773 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: 77/10/13 Blend
29$2,570,000$2,570,000$2,570,000$2,570,000
30$2,837,218$2,701,008$2,661,173$3,047,925
31$3,088,552$2,795,295$2,712,260$3,281,734
32$3,364,323$2,893,004$2,763,860$3,533,024
33$3,666,986$2,994,263$2,815,951$3,807,575
34$3,999,245$3,099,208$2,868,512$4,107,693
35$4,364,079$3,207,980$2,921,518$4,435,916
36$4,764,768$3,320,724$2,974,942$4,795,041
37$5,204,928$3,437,593$3,028,756$5,188,147
38$5,688,540$3,558,744$3,082,928$5,618,624
39$6,219,990$3,684,342$3,137,425$6,090,209
40$6,804,112$3,814,557$3,192,212$6,607,015
41$7,446,229$3,949,568$3,247,249$7,173,574
42$8,152,207$4,089,560$3,302,494$7,794,875
43$8,928,508$4,234,725$3,357,904$8,476,419
44$9,782,253$4,385,263$3,413,431$9,224,260
45$10,721,286$4,541,384$3,469,023$10,045,070
46$11,754,248$4,703,303$3,524,627$10,946,199
47$12,890,664$4,871,248$3,580,185$11,935,743
48$14,141,025$5,045,452$3,635,634$13,022,621
49$15,516,892$5,226,161$3,690,910$14,216,660
50$17,031,001$5,413,629$3,745,942$15,528,685
51$18,697,388$5,608,122$3,800,656$16,970,625
52$20,531,518$5,809,916$3,854,974$18,555,619
53$22,550,429$6,019,298$3,908,812$20,298,145
54$24,772,897$6,236,568$3,962,081$22,214,155
55$27,219,610$6,462,037$4,014,688$24,321,223
56$29,913,363$6,696,030$4,066,534$26,638,714
57$32,879,276$6,938,886$4,117,513$29,187,963
58$36,145,027$7,190,956$4,167,514$31,992,479
59$39,741,115$7,452,608$4,216,421$35,078,165
60$43,701,146$7,724,223$4,264,108$38,473,560
61$48,062,153$8,006,200$4,310,446$42,210,113
62$52,864,943$8,298,955$4,355,296$46,322,475
63$58,154,482$8,602,918$4,398,513$50,848,828
64$63,980,319$8,918,541$4,439,943$55,831,243
65$70,397,055$9,246,292$4,479,425$61,316,078
66$77,464,856$9,586,663$4,516,787$67,354,417
67$85,250,023$9,940,161$4,551,852$74,002,548
68$93,825,616$10,307,319$4,584,429$81,322,494
69$103,272,141$10,688,690$4,614,320$89,382,603
70$113,678,317$11,084,853$4,641,316$98,258,185
71$125,141,903$11,496,408$4,665,198$108,032,230
72$137,770,629$11,923,985$4,685,735$118,796,185
73$151,683,210$12,368,236$4,702,683$130,650,821
74$167,010,462$12,829,845$4,715,788$143,707,179
75$183,896,545$13,309,524$4,724,783$158,087,622
76$202,500,316$13,808,013$4,729,386$173,926,987
77$222,996,830$14,326,088$4,729,303$191,373,859
78$245,578,996$14,864,555$4,724,223$210,591,971
79$270,459,391$15,424,256$4,713,823$231,761,750
80$297,872,274$16,006,070$4,697,761$255,082,018
81$328,075,791$16,610,912$4,675,681$280,771,873
82$361,354,414$17,239,739$4,647,208$309,072,751
83$398,021,626$17,893,548$4,611,951$340,250,706
84$438,422,879$18,573,378$4,569,498$374,598,923
85$482,938,855$19,280,317$4,519,419$412,440,484
86$531,989,061$20,015,495$4,461,263$454,131,415
87$586,035,788$20,780,097$4,394,558$500,064,048
88$645,588,472$21,575,355$4,318,809$550,670,725
89$711,208,505$22,402,557$4,233,499$606,427,877
90$783,514,538$23,263,048$4,138,086$667,860,520
91$863,188,313$24,158,229$4,032,004$735,547,214
92$950,981,105$25,089,566$3,914,660$810,125,518
93$1,047,720,811$26,058,588$3,785,434$892,298,014
94$1,154,319,765$27,066,890$3,643,677$982,838,935
95$1,271,783,352$28,116,139$3,488,712$1,082,601,476
96$1,401,219,499$29,208,075$3,319,829$1,192,525,844
97$1,543,849,131$30,344,514$3,136,286$1,313,648,135
98$1,701,017,702$31,527,354$2,937,311$1,447,110,116
99$1,874,207,889$32,758,576$2,722,092$1,594,169,997
100$2,065,053,596$34,040,249$2,489,785$1,756,214,317