Can I retire at age 30 with 2,010,000?

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 $2,010,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$165,984$164,505$163,063$161,655$160,280$154,532
2 years$82,170$80,640$79,157$77,719$76,324$70,595
3 years$54,236$52,699$51,220$49,795$48,423$42,893
4 years$40,272$38,739$37,275$35,875$34,536$29,247
5 years$31,895$30,372$28,927$27,555$26,253$21,220
6 years$26,313$24,801$23,377$22,036$20,773$15,999
7 years$22,327$20,828$19,427$18,117$16,894$12,378
8 years$19,339$17,853$16,475$15,198$14,016$9,754
9 years$17,016$15,545$14,190$12,945$11,803$7,790
10 years$15,159$13,702$12,371$11,159$10,057$6,285
11 years$13,640$12,198$10,891$9,712$8,649$5,111
12 years$12,376$10,948$9,666$8,518$7,495$4,182
13 years$11,307$9,894$8,636$7,520$6,536$3,439
14 years$10,391$8,993$7,759$6,676$5,729$2,839
15 years$9,598$8,216$7,006$5,954$5,045$2,352
16 years$8,905$7,538$6,352$5,331$4,458$1,953
17 years$8,294$6,942$5,780$4,790$3,953$1,625
18 years$7,752$6,415$5,276$4,317$3,515$1,355
19 years$7,267$5,945$4,830$3,900$3,133$1,131
20 years$6,831$5,524$4,433$3,533$2,798$946
21 years$6,438$5,146$4,077$3,206$2,504$791
22 years$6,080$4,803$3,758$2,915$2,245$663
23 years$5,754$4,492$3,470$2,655$2,015$555
24 years$5,456$4,209$3,209$2,421$1,811$466
25 years$5,182$3,950$2,972$2,211$1,630$391
26 years$4,930$3,712$2,756$2,022$1,468$328
27 years$4,696$3,494$2,560$1,851$1,324$275
28 years$4,480$3,292$2,380$1,696$1,194$231
29 years$4,279$3,106$2,214$1,555$1,078$194
30 years$4,091$2,933$2,063$1,427$974$163
31 years$3,917$2,773$1,923$1,311$881$137
32 years$3,753$2,624$1,794$1,204$797$115
33 years$3,600$2,485$1,675$1,108$721$97
34 years$3,456$2,355$1,565$1,019$653$81
35 years$3,320$2,234$1,463$938$591$68
36 years$3,192$2,120$1,369$864$536$58
37 years$3,072$2,013$1,281$796$486$48
38 years$2,958$1,914$1,200$734$440$41
39 years$2,850$1,820$1,124$677$399$34
40 years$2,748$1,731$1,054$624$362$29
41 years$2,651$1,648$988$576$329$24
42 years$2,559$1,569$927$531$298$20
43 years$2,471$1,495$870$490$271$17
44 years$2,388$1,425$816$453$246$14
45 years$2,309$1,359$766$418$223$12
46 years$2,233$1,297$720$386$202$10
47 years$2,161$1,237$676$357$184$9
48 years$2,092$1,181$636$330$167$7
49 years$2,026$1,128$597$305$152$6
50 years$1,962$1,078$562$282$138$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,010,000, adding $6,634 every year, while hoping to spend $33,225 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: 76/14/10 Blend
29$2,010,000$2,010,000$2,010,000$2,010,000
30$2,221,863$2,115,333$2,084,178$2,386,312
31$2,413,142$2,183,633$2,118,647$2,563,806
32$2,622,818$2,254,166$2,153,157$2,753,437
33$2,852,732$2,327,007$2,187,674$2,960,360
34$3,104,912$2,402,232$2,222,163$3,186,282
35$3,381,593$2,479,922$2,256,585$3,433,082
36$3,685,234$2,560,157$2,290,900$3,702,828
37$4,018,547$2,643,023$2,325,064$3,997,799
38$4,384,516$2,728,609$2,359,031$4,320,503
39$4,786,431$2,817,004$2,392,752$4,673,702
40$5,227,913$2,908,304$2,426,176$5,060,441
41$5,712,955$3,002,606$2,459,248$5,484,069
42$6,245,953$3,100,010$2,491,908$5,948,279
43$6,831,750$3,200,620$2,524,097$6,457,135
44$7,475,682$3,304,544$2,555,749$7,015,117
45$8,183,629$3,411,895$2,586,794$7,627,157
46$8,962,068$3,522,786$2,617,160$8,298,690
47$9,818,135$3,637,338$2,646,770$9,035,701
48$10,759,691$3,755,674$2,675,544$9,844,786
49$11,795,399$3,877,922$2,703,394$10,733,210
50$12,934,803$4,004,214$2,730,231$11,708,976
51$14,188,420$4,134,686$2,755,960$12,780,901
52$15,567,834$4,269,482$2,780,481$13,958,700
53$17,085,813$4,408,746$2,803,687$15,253,076
54$18,756,423$4,552,632$2,825,467$16,675,820
55$20,595,162$4,701,295$2,845,704$18,239,924
56$22,619,109$4,854,898$2,864,276$19,959,703
57$24,847,080$5,013,611$2,881,051$21,850,928
58$27,299,810$5,177,606$2,895,894$23,930,976
59$30,000,146$5,347,064$2,908,662$26,218,993
60$32,973,263$5,522,171$2,919,204$28,736,077
61$36,246,900$5,703,122$2,927,362$31,505,471
62$39,851,625$5,890,116$2,932,969$34,552,789
63$43,821,119$6,083,360$2,935,852$37,906,253
64$48,192,498$6,283,069$2,935,828$41,596,960
65$53,006,658$6,489,465$2,932,703$45,659,176
66$58,308,666$6,702,778$2,926,278$50,130,657
67$64,148,181$6,923,246$2,916,340$55,053,009
68$70,579,927$7,151,115$2,902,668$60,472,074
69$77,664,202$7,386,643$2,885,030$66,438,371
70$85,467,455$7,630,092$2,863,183$73,007,564
71$94,062,906$7,881,738$2,836,871$80,240,991
72$103,531,244$8,141,865$2,805,827$88,206,245
73$113,961,381$8,410,766$2,769,772$96,977,806
74$125,451,295$8,688,747$2,728,413$106,637,748
75$138,108,954$8,976,123$2,681,442$117,276,511
76$152,053,336$9,273,221$2,628,539$128,993,757
77$167,415,550$9,580,382$2,569,368$141,899,306
78$184,340,071$9,897,956$2,503,577$156,114,178
79$202,986,109$10,226,307$2,430,798$171,771,727
80$223,529,109$10,565,813$2,350,647$189,018,910
81$246,162,406$10,916,865$2,262,720$208,017,663
82$271,099,048$11,279,868$2,166,598$228,946,437
83$298,573,812$11,655,243$2,061,841$252,001,877
84$328,845,416$12,043,425$1,947,988$277,400,683
85$362,198,961$12,444,866$1,824,558$305,381,649
86$398,948,625$12,860,034$1,691,050$336,207,922
87$439,440,623$13,289,414$1,546,939$370,169,483
88$484,056,481$13,733,510$1,391,676$407,585,885
89$533,216,633$14,192,843$1,224,688$448,809,267
90$587,384,393$14,667,955$1,045,378$494,227,682
91$647,070,323$15,159,407$853,120$544,268,756
92$712,837,058$15,667,780$647,262$599,403,725
93$785,304,616$16,193,680$427,124$660,151,884
94$865,156,248$16,737,730$191,993$727,085,490
95$953,144,888$17,300,582$0$800,835,159
96$1,050,100,265$17,882,909$0$882,102,113
97$1,156,936,731$18,485,410$0$971,668,142
98$1,274,661,892$19,108,810$0$1,070,356,737
99$1,404,386,124$19,753,861$0$1,179,097,969
100$1,547,333,053$20,421,345$0$1,298,916,764