Can I retire at age 30 with 2,600,000?

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 $2,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$214,706$212,793$210,927$209,106$207,328$201,661
2 years$106,290$104,310$102,392$100,532$98,727$93,060
3 years$70,156$68,168$66,254$64,412$62,637$57,146
4 years$52,093$50,111$48,216$46,405$44,673$39,401
5 years$41,257$39,287$37,418$35,643$33,960$28,921
6 years$34,036$32,081$30,239$28,504$26,871$22,070
7 years$28,880$26,942$25,129$23,435$21,853$17,290
8 years$25,015$23,094$21,311$19,659$18,130$13,802
9 years$22,011$20,107$18,355$16,745$15,268$11,172
10 years$19,608$17,724$16,003$14,434$13,009$9,139
11 years$17,644$15,778$14,088$12,562$11,188$7,539
12 years$16,008$14,162$12,503$11,019$9,695$6,259
13 years$14,625$12,798$11,171$9,728$8,455$5,225
14 years$13,441$11,633$10,037$8,635$7,411$4,380
15 years$12,415$10,627$9,062$7,701$6,525$3,684
16 years$11,519$9,750$8,216$6,896$5,767$3,108
17 years$10,729$8,980$7,476$6,196$5,114$2,629
18 years$10,027$8,298$6,825$5,584$4,547$2,228
19 years$9,400$7,690$6,248$5,045$4,053$1,891
20 years$8,837$7,146$5,734$4,569$3,620$1,608
21 years$8,327$6,656$5,274$4,147$3,239$1,368
22 years$7,865$6,213$4,861$3,771$2,904$1,166
23 years$7,443$5,811$4,488$3,434$2,606$994
24 years$7,058$5,445$4,151$3,132$2,343$848
25 years$6,703$5,110$3,845$2,860$2,108$724
26 years$6,377$4,802$3,566$2,615$1,899$619
27 years$6,075$4,519$3,311$2,394$1,712$529
28 years$5,795$4,259$3,078$2,193$1,545$452
29 years$5,535$4,018$2,864$2,011$1,395$387
30 years$5,292$3,794$2,668$1,846$1,260$331
31 years$5,066$3,587$2,487$1,695$1,140$283
32 years$4,855$3,394$2,321$1,558$1,031$242
33 years$4,656$3,214$2,167$1,433$933$207
34 years$4,470$3,046$2,025$1,318$845$178
35 years$4,295$2,889$1,893$1,213$765$152
36 years$4,129$2,742$1,771$1,118$693$130
37 years$3,974$2,604$1,657$1,030$628$111
38 years$3,826$2,475$1,552$949$570$95
39 years$3,687$2,354$1,454$875$516$82
40 years$3,555$2,239$1,363$807$468$70
41 years$3,429$2,132$1,278$745$425$60
42 years$3,310$2,030$1,199$687$386$51
43 years$3,197$1,934$1,125$634$350$44
44 years$3,089$1,844$1,056$586$318$38
45 years$2,986$1,758$991$541$288$32
46 years$2,889$1,677$931$500$262$28
47 years$2,795$1,601$875$462$238$24
48 years$2,706$1,528$822$427$216$20
49 years$2,620$1,459$773$394$196$17
50 years$2,539$1,394$726$364$178$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,600,000, adding $4,864 every year, while hoping to spend $53,484 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: 61/33/6 Blend
29$2,600,000$2,600,000$2,600,000$2,600,000
30$2,870,217$2,732,417$2,692,117$3,041,833
31$3,106,073$2,809,399$2,725,397$3,234,071
32$3,364,193$2,888,361$2,757,998$3,437,085
33$3,646,793$2,969,342$2,789,843$3,657,210
34$3,956,310$3,052,384$2,820,847$3,896,097
35$4,295,431$3,137,528$2,850,923$4,155,558
36$4,667,113$3,224,815$2,879,977$4,437,591
37$5,074,613$3,314,286$2,907,911$4,744,393
38$5,521,519$3,405,981$2,934,621$5,078,385
39$6,011,782$3,499,943$2,959,999$5,442,229
40$6,549,755$3,596,211$2,983,930$5,838,859
41$7,140,232$3,694,827$3,006,293$6,271,504
42$7,788,492$3,795,830$3,026,961$6,743,720
43$8,500,354$3,899,261$3,045,800$7,259,423
44$9,282,225$4,005,160$3,062,669$7,822,927
45$10,141,164$4,113,565$3,077,420$8,438,979
46$11,084,947$4,224,514$3,089,899$9,112,813
47$12,122,142$4,338,046$3,099,941$9,850,190
48$13,262,187$4,454,196$3,107,375$10,657,456
49$14,515,479$4,573,001$3,112,021$11,541,603
50$15,893,474$4,694,495$3,113,690$12,510,332
51$17,408,794$4,818,710$3,112,184$13,572,126
52$19,075,343$4,945,679$3,107,294$14,736,331
53$20,908,441$5,075,431$3,098,802$16,013,243
54$22,924,970$5,207,994$3,086,479$17,414,204
55$25,143,526$5,343,395$3,070,085$18,951,711
56$27,584,601$5,481,657$3,049,369$20,639,531
57$30,270,773$5,622,801$3,024,066$22,492,834
58$33,226,921$5,766,847$2,993,901$24,528,332
59$36,480,454$5,913,810$2,958,584$26,764,439
60$40,061,576$6,063,702$2,917,812$29,221,444
61$44,003,565$6,216,532$2,871,267$31,921,702
62$48,343,093$6,372,306$2,818,619$34,889,844
63$53,120,564$6,531,024$2,759,518$38,153,011
64$58,380,501$6,692,684$2,693,601$41,741,109
65$64,171,963$6,857,277$2,620,488$45,687,090
66$70,549,009$7,024,789$2,539,780$50,027,264
67$77,571,205$7,195,202$2,451,060$54,801,643
68$85,304,192$7,368,490$2,353,894$60,054,313
69$93,820,295$7,544,622$2,247,826$65,833,856
70$103,199,216$7,723,559$2,132,379$72,193,807
71$113,528,779$7,905,256$2,007,056$79,193,155
72$124,905,759$8,089,658$1,871,337$86,896,905
73$137,436,797$8,276,703$1,724,678$95,376,689
74$151,239,408$8,466,318$1,566,511$104,711,441
75$166,443,082$8,658,422$1,396,244$114,988,144
76$183,190,515$8,852,923$1,213,257$126,302,651
77$201,638,948$9,049,717$1,016,901$138,760,587
78$221,961,656$9,248,688$806,503$152,478,349
79$244,349,579$9,449,709$581,355$167,584,204
80$269,013,128$9,652,636$340,722$184,219,499
81$296,184,165$9,857,313$83,834$202,539,995
82$326,118,196$10,063,568$0$222,717,341
83$359,096,781$10,271,211$0$244,952,873
84$395,430,189$10,480,037$0$269,449,371
85$435,460,329$10,689,820$0$296,431,223
86$479,563,975$10,900,314$0$326,151,619
87$528,156,324$11,111,253$0$358,889,570
88$581,694,913$11,322,348$0$394,952,542
89$640,683,937$11,533,286$0$434,679,358
90$705,679,011$11,743,729$0$478,443,394
91$777,292,408$11,953,310$0$526,656,108
92$856,198,848$12,161,637$0$579,770,924
93$943,141,857$12,368,283$0$638,287,507
94$1,038,940,791$12,572,794$0$702,756,487
95$1,144,498,568$12,774,677$0$773,784,654
96$1,260,810,192$12,973,405$0$852,040,687
97$1,388,972,143$13,168,414$0$938,261,468
98$1,530,192,731$13,359,096$0$1,033,259,035
99$1,685,803,500$13,544,802$0$1,137,928,256
100$1,857,271,798$13,724,839$0$1,253,255,270