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

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 $2,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$165,158$163,687$162,252$160,851$159,483$156,135
2 years$81,761$80,239$78,763$77,332$75,944$72,587
3 years$53,966$52,437$50,965$49,547$48,182$44,921
4 years$40,071$38,547$37,089$35,696$34,364$31,223
5 years$31,737$30,221$28,783$27,418$26,123$23,111
6 years$26,182$24,678$23,261$21,926$20,670$17,791
7 years$22,216$20,724$19,330$18,027$16,810$14,065
8 years$19,243$17,765$16,393$15,122$13,946$11,333
9 years$16,931$15,467$14,120$12,881$11,744$9,262
10 years$15,083$13,634$12,310$11,103$10,007$7,653
11 years$13,572$12,137$10,837$9,663$8,606$6,377
12 years$12,314$10,894$9,618$8,476$7,458$5,351
13 years$11,250$9,845$8,593$7,483$6,503$4,514
14 years$10,339$8,949$7,721$6,643$5,701$3,826
15 years$9,550$8,175$6,971$5,924$5,020$3,255
16 years$8,861$7,500$6,320$5,304$4,436$2,777
17 years$8,253$6,907$5,751$4,766$3,934$2,376
18 years$7,713$6,383$5,250$4,295$3,497$2,038
19 years$7,231$5,915$4,806$3,881$3,117$1,750
20 years$6,797$5,497$4,411$3,515$2,785$1,506
21 years$6,406$5,120$4,057$3,190$2,492$1,298
22 years$6,050$4,779$3,739$2,900$2,234$1,119
23 years$5,726$4,470$3,452$2,642$2,005$966
24 years$5,429$4,188$3,193$2,409$1,802$835
25 years$5,156$3,930$2,957$2,200$1,622$722
26 years$4,905$3,694$2,743$2,012$1,461$625
27 years$4,673$3,476$2,547$1,841$1,317$541
28 years$4,458$3,276$2,368$1,687$1,188$469
29 years$4,258$3,090$2,203$1,547$1,073$406
30 years$4,071$2,919$2,052$1,420$970$352
31 years$3,897$2,759$1,913$1,304$877$305
32 years$3,734$2,611$1,785$1,198$793$265
33 years$3,582$2,472$1,667$1,102$718$230
34 years$3,438$2,343$1,557$1,014$650$199
35 years$3,304$2,222$1,456$933$588$173
36 years$3,176$2,109$1,362$860$533$150
37 years$3,057$2,003$1,275$792$483$130
38 years$2,943$1,904$1,194$730$438$113
39 years$2,836$1,811$1,119$673$397$98
40 years$2,734$1,723$1,048$621$360$85
41 years$2,638$1,640$983$573$327$74
42 years$2,546$1,562$922$529$297$64
43 years$2,459$1,488$865$488$269$56
44 years$2,376$1,418$812$451$244$49
45 years$2,297$1,352$763$416$222$42
46 years$2,222$1,290$716$384$201$37
47 years$2,150$1,231$673$355$183$32
48 years$2,081$1,175$632$328$166$28
49 years$2,016$1,122$594$303$151$24
50 years$1,953$1,072$559$280$137$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,000,000, adding $5,454 every year, while hoping to spend $46,375 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: 75/9/16 Blend
29$2,000,000$2,000,000$2,000,000$2,000,000
30$2,209,626$2,103,626$2,072,626$2,367,103
31$2,385,665$2,157,361$2,092,716$2,525,737
32$2,578,106$2,212,175$2,111,925$2,693,275
33$2,788,573$2,268,071$2,130,174$2,875,659
34$3,018,853$2,325,052$2,147,381$3,074,353
35$3,270,916$2,383,120$2,163,459$3,290,971
36$3,546,930$2,442,274$2,178,315$3,527,290
37$3,849,283$2,502,511$2,191,855$3,785,267
38$4,180,603$2,563,827$2,203,975$4,067,058
39$4,543,787$2,626,217$2,214,571$4,375,038
40$4,942,023$2,689,672$2,223,529$4,711,824
41$5,378,825$2,754,181$2,230,733$5,080,300
42$5,858,062$2,819,732$2,236,058$5,483,641
43$6,383,994$2,886,309$2,239,376$5,925,347
44$6,961,316$2,953,893$2,240,550$6,409,273
45$7,595,199$3,022,463$2,239,437$6,939,667
46$8,291,338$3,091,992$2,235,888$7,521,211
47$9,056,009$3,162,454$2,229,744$8,159,061
48$9,896,123$3,233,816$2,220,842$8,858,901
49$10,819,296$3,306,041$2,209,008$9,626,992
50$11,833,916$3,379,089$2,194,061$10,470,235
51$12,949,225$3,452,914$2,175,812$11,396,231
52$14,175,405$3,527,466$2,154,062$12,413,361
53$15,523,675$3,602,691$2,128,601$13,530,855
54$17,006,393$3,678,526$2,099,213$14,758,887
55$18,637,177$3,754,905$2,065,668$16,108,667
56$20,431,029$3,831,755$2,027,727$17,592,549
57$22,404,478$3,908,996$1,985,141$19,224,147
58$24,575,739$3,986,540$1,937,647$21,018,461
59$26,964,877$4,064,293$1,884,970$22,992,023
60$29,594,002$4,142,152$1,826,825$25,163,051
61$32,487,479$4,220,005$1,762,912$27,551,620
62$35,672,148$4,297,732$1,692,916$30,179,854
63$39,177,589$4,375,203$1,616,511$33,072,131
64$43,036,392$4,452,276$1,533,352$36,255,318
65$47,284,467$4,528,801$1,443,083$39,759,023
66$51,961,384$4,604,614$1,345,328$43,615,873
67$57,110,745$4,679,539$1,239,696$47,861,823
68$62,780,593$4,753,389$1,125,778$52,536,497
69$69,023,869$4,825,961$1,003,147$57,683,560
70$75,898,909$4,897,038$871,358$63,351,134
71$83,469,993$4,966,388$729,943$69,592,247
72$91,807,953$5,033,762$578,417$76,465,339
73$100,990,842$5,098,894$416,272$84,034,812
74$111,104,667$5,161,499$242,976$92,371,636
75$122,244,205$5,221,275$57,978$101,554,025
76$134,513,891$5,277,895$0$111,668,169
77$148,028,811$5,331,014$0$122,832,860
78$162,915,778$5,380,263$0$135,141,077
79$179,314,540$5,425,247$0$148,698,372
80$197,379,087$5,465,549$0$163,631,981
81$217,279,115$5,500,721$0$180,082,112
82$239,201,616$5,530,289$0$198,203,271
83$263,352,654$5,553,746$0$218,165,721
84$289,959,301$5,570,555$0$240,157,085
85$319,271,783$5,580,146$0$264,384,120
86$351,565,842$5,581,910$0$291,074,671
87$387,145,338$5,575,204$0$320,479,814
88$426,345,115$5,559,341$0$352,876,234
89$469,534,165$5,533,597$0$388,568,833
90$517,119,105$5,497,199$0$427,893,608
91$569,548,023$5,449,331$0$471,220,822
92$627,314,697$5,389,124$0$518,958,504
93$690,963,264$5,315,659$0$571,556,294
94$761,093,353$5,227,962$0$629,509,692
95$838,365,743$5,125,001$0$693,364,735
96$923,508,605$5,005,682$0$763,723,150
97$1,017,324,370$4,868,847$0$841,248,038
98$1,120,697,306$4,713,271$0$926,670,130
99$1,234,601,866$4,537,657$0$1,020,794,688
100$1,360,111,885$4,340,630$0$1,124,509,104