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 $5,179 every year, while hoping to spend $43,484 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: 51/24/25 Blend
29$2,000,000$2,000,000$2,000,000$2,000,000
30$2,209,342$2,103,342$2,072,342$2,306,288
31$2,388,428$2,160,139$2,095,499$2,430,944
32$2,584,324$2,218,262$2,117,974$2,561,587
33$2,798,698$2,277,730$2,139,699$2,702,762
34$3,033,387$2,338,560$2,160,601$2,855,489
35$3,290,415$2,400,772$2,180,603$3,020,890
36$3,572,010$2,464,383$2,199,626$3,200,201
37$3,880,626$2,529,408$2,217,584$3,394,782
38$4,218,965$2,595,864$2,234,389$3,606,135
39$4,590,003$2,663,766$2,249,945$3,835,912
40$4,997,021$2,733,127$2,264,155$4,085,932
41$5,443,627$2,803,961$2,276,914$4,358,202
42$5,933,799$2,876,278$2,288,114$4,654,933
43$6,471,920$2,950,088$2,297,638$4,978,558
44$7,062,814$3,025,400$2,305,367$5,331,763
45$7,711,798$3,102,222$2,311,174$5,717,503
46$8,424,728$3,180,558$2,314,926$6,139,038
47$9,208,057$3,260,412$2,316,483$6,599,958
48$10,068,892$3,341,786$2,315,698$7,104,221
49$11,015,063$3,424,677$2,312,417$7,656,187
50$12,055,196$3,509,082$2,306,480$8,260,662
51$13,198,795$3,594,997$2,297,716$8,922,943
52$14,456,332$3,682,411$2,285,950$9,648,867
53$15,839,342$3,771,314$2,270,993$10,444,865
54$17,360,536$3,861,689$2,252,652$11,318,029
55$19,033,917$3,953,518$2,230,723$12,276,170
56$20,874,915$4,046,779$2,204,990$13,327,900
57$22,900,530$4,141,446$2,175,232$14,482,709
58$25,129,495$4,237,486$2,141,212$15,751,056
59$27,582,446$4,334,866$2,102,686$17,144,469
60$30,282,125$4,433,545$2,059,395$18,675,652
61$33,253,589$4,533,476$2,011,072$20,358,606
62$36,524,447$4,634,608$1,957,435$22,208,762
63$40,125,121$4,736,884$1,898,190$24,243,130
64$44,089,132$4,840,240$1,833,027$26,480,451
65$48,453,416$4,944,604$1,761,627$28,941,385
66$53,258,674$5,049,899$1,683,650$31,648,700
67$58,549,753$5,156,038$1,598,747$34,627,488
68$64,376,071$5,262,927$1,506,548$37,905,405
69$70,792,081$5,370,462$1,406,669$41,512,929
70$77,857,789$5,478,530$1,298,708$45,483,653
71$85,639,314$5,587,009$1,182,245$49,854,598
72$94,209,516$5,695,763$1,056,841$54,666,565
73$103,648,680$5,804,650$922,039$59,964,523
74$114,045,278$5,913,510$777,360$65,798,031
75$125,496,798$6,022,173$622,303$72,221,707
76$138,110,668$6,130,457$456,348$79,295,749
77$152,005,269$6,238,162$278,948$87,086,498
78$167,311,050$6,345,076$89,536$95,667,068
79$184,171,760$6,450,967$0$105,118,038
80$202,745,803$6,555,588$0$115,558,250
81$223,207,738$6,658,675$0$127,082,980
82$245,749,919$6,759,942$0$139,776,351
83$270,584,315$6,859,083$0$153,757,418
84$297,944,507$6,955,770$0$169,157,374
85$328,087,899$7,049,655$0$186,120,795
86$361,298,137$7,140,360$0$204,807,001
87$397,887,795$7,227,487$0$225,391,561
88$438,201,323$7,310,605$0$248,067,955
89$482,618,292$7,389,260$0$273,049,392
90$531,556,986$7,462,962$0$300,570,832
91$585,478,343$7,531,191$0$330,891,199
92$644,890,309$7,593,395$0$364,295,828
93$710,352,630$7,648,981$0$401,099,156
94$782,482,139$7,697,321$0$441,647,696
95$861,958,574$7,737,746$0$486,323,304
96$949,530,998$7,769,545$0$535,546,789
97$1,046,024,868$7,791,961$0$589,781,879
98$1,152,349,826$7,804,189$0$649,539,609
99$1,269,508,288$7,805,374$0$715,383,138
100$1,398,604,905$7,794,609$0$787,933,072