Can I retire at age 30 with 2,580,000?

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 $2,580,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$213,054$211,156$209,305$207,497$205,733$203,500
2 years$105,472$103,508$101,604$99,758$97,968$95,719
3 years$69,616$67,644$65,745$63,916$62,155$59,961
4 years$51,692$49,725$47,845$46,048$44,329$42,207
5 years$40,940$38,985$37,130$35,369$33,699$31,653
6 years$33,775$31,834$30,006$28,285$26,664$24,699
7 years$28,658$26,734$24,936$23,255$21,685$19,801
8 years$24,823$22,916$21,147$19,508$17,990$16,187
9 years$21,841$19,953$18,214$16,616$15,150$13,427
10 years$19,457$17,587$15,880$14,323$12,909$11,264
11 years$17,508$15,657$13,980$12,466$11,102$9,535
12 years$15,885$14,053$12,407$10,934$9,621$8,130
13 years$14,513$12,700$11,085$9,653$8,389$6,973
14 years$13,338$11,544$9,960$8,569$7,354$6,010
15 years$12,320$10,545$8,992$7,642$6,475$5,201
16 years$11,430$9,675$8,153$6,843$5,723$4,516
17 years$10,646$8,910$7,419$6,148$5,074$3,933
18 years$9,950$8,234$6,772$5,541$4,512$3,434
19 years$9,328$7,631$6,200$5,006$4,021$3,005
20 years$8,769$7,091$5,690$4,534$3,592$2,634
21 years$8,263$6,605$5,234$4,115$3,214$2,313
22 years$7,804$6,166$4,824$3,742$2,881$2,033
23 years$7,386$5,766$4,454$3,408$2,586$1,790
24 years$7,003$5,403$4,119$3,108$2,325$1,577
25 years$6,652$5,070$3,815$2,838$2,092$1,391
26 years$6,328$4,765$3,538$2,595$1,884$1,228
27 years$6,028$4,485$3,285$2,375$1,699$1,085
28 years$5,750$4,226$3,054$2,176$1,533$959
29 years$5,492$3,987$2,842$1,996$1,384$848
30 years$5,252$3,765$2,647$1,832$1,251$750
31 years$5,027$3,559$2,468$1,682$1,131$664
32 years$4,817$3,368$2,303$1,546$1,023$588
33 years$4,620$3,189$2,150$1,422$926$521
34 years$4,436$3,023$2,009$1,308$838$462
35 years$4,262$2,867$1,878$1,204$759$409
36 years$4,098$2,721$1,757$1,109$688$363
37 years$3,943$2,584$1,645$1,022$623$322
38 years$3,797$2,456$1,540$942$565$285
39 years$3,658$2,336$1,443$868$512$253
40 years$3,527$2,222$1,352$801$465$224
41 years$3,403$2,115$1,268$739$422$199
42 years$3,285$2,014$1,190$682$383$177
43 years$3,172$1,919$1,116$630$347$157
44 years$3,065$1,830$1,048$581$315$139
45 years$2,963$1,745$984$537$286$124
46 years$2,866$1,664$924$496$260$110
47 years$2,774$1,588$868$458$236$97
48 years$2,685$1,516$816$423$214$86
49 years$2,600$1,448$767$391$195$77
50 years$2,519$1,383$721$362$177$68

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,580,000, adding $5,922 every year, while hoping to spend $37,172 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: 86/7/7 Blend
29$2,580,000$2,580,000$2,580,000$2,580,000
30$2,849,269$2,712,529$2,672,539$3,092,263
31$3,100,343$2,805,892$2,722,518$3,344,952
32$3,375,782$2,902,584$2,772,926$3,616,854
33$3,678,030$3,002,729$2,823,737$3,914,450
34$4,009,782$3,106,455$2,874,925$4,240,302
35$4,374,005$3,213,897$2,926,460$4,597,229
36$4,773,968$3,325,193$2,978,312$4,988,338
37$5,213,273$3,440,488$3,030,446$5,417,050
38$5,695,887$3,559,931$3,082,825$5,887,133
39$6,226,179$3,683,679$3,135,411$6,402,737
40$6,808,964$3,811,895$3,188,163$6,968,435
41$7,449,546$3,944,745$3,241,034$7,589,261
42$8,153,769$4,082,407$3,293,978$8,270,765
43$8,928,070$4,225,062$3,346,943$9,019,057
44$9,779,542$4,372,899$3,399,874$9,840,868
45$10,716,000$4,526,116$3,452,715$10,743,616
46$11,746,054$4,684,917$3,505,402$11,735,470
47$12,879,189$4,849,515$3,557,871$12,825,433
48$14,125,858$5,020,133$3,610,051$14,023,420
49$15,497,576$5,197,000$3,661,868$15,340,358
50$17,007,031$5,380,356$3,713,244$16,788,284
51$18,668,206$5,570,451$3,764,095$18,380,460
52$20,496,504$5,767,544$3,814,333$20,131,498
53$22,508,899$5,971,905$3,863,864$22,057,497
54$24,724,093$6,183,814$3,912,590$24,176,197
55$27,162,694$6,403,565$3,960,406$26,507,142
56$29,847,410$6,631,461$4,007,201$29,071,866
57$32,803,262$6,867,819$4,052,858$31,894,098
58$36,057,821$7,112,968$4,097,255$34,999,982
59$39,641,466$7,367,251$4,140,260$38,418,326
60$43,587,674$7,631,025$4,181,737$42,180,874
61$47,933,333$7,904,661$4,221,542$46,322,601
62$52,719,090$8,188,547$4,259,520$50,882,047
63$57,989,736$8,483,084$4,295,513$55,901,680
64$63,794,626$8,788,693$4,329,350$61,428,294
65$70,188,149$9,105,809$4,360,854$67,513,452
66$77,230,234$9,434,888$4,389,837$74,213,973
67$84,986,924$9,776,404$4,416,102$81,592,465
68$93,530,991$10,130,848$4,439,442$89,717,919
69$102,942,627$10,498,735$4,459,639$98,666,358
70$113,310,202$10,880,600$4,476,464$108,521,552
71$124,731,094$11,277,001$4,489,677$119,375,814
72$137,312,609$11,688,518$4,499,025$131,330,864
73$151,172,996$12,115,755$4,504,243$144,498,794
74$166,442,558$12,559,344$4,505,052$159,003,124
75$183,264,889$13,019,942$4,501,160$174,979,965
76$201,798,220$13,498,232$4,492,262$192,579,307
77$222,216,922$13,994,928$4,478,036$211,966,432
78$244,713,142$14,510,773$4,458,144$233,323,475
79$269,498,624$15,046,543$4,432,234$256,851,140
80$296,806,706$15,603,045$4,399,935$282,770,598
81$326,894,517$16,181,122$4,360,860$311,325,572
82$360,045,410$16,781,650$4,314,602$342,784,636
83$396,571,636$17,405,545$4,260,735$377,443,753
84$436,817,288$18,053,761$4,198,814$415,629,065
85$481,161,549$18,727,293$4,128,372$457,699,972
86$530,022,275$19,427,178$4,048,921$504,052,526
87$583,859,935$20,154,499$3,959,948$555,123,165
88$643,181,962$20,910,383$3,860,920$611,392,839
89$708,547,538$21,696,007$3,751,277$673,391,540
90$780,572,874$22,512,598$3,630,432$741,703,316
91$859,937,030$23,361,438$3,497,773$816,971,772
92$947,388,319$24,243,861$3,352,661$899,906,156
93$1,043,751,378$25,161,261$3,194,426$991,288,043
94$1,149,934,947$26,115,091$3,022,367$1,091,978,724
95$1,266,940,449$27,106,867$2,835,754$1,202,927,326
96$1,395,871,445$28,138,174$2,633,822$1,325,179,777
97$1,537,944,048$29,210,661$2,415,771$1,459,888,677
98$1,694,498,410$30,326,051$2,180,768$1,608,324,181
99$1,867,011,364$31,486,145$1,927,940$1,771,885,983
100$2,057,110,375$32,692,817$1,656,378$1,952,116,537