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

Use the below retirement simulation to view the chances of a successful retirement.
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%14.2%
1 years$165,984$164,505$163,063$161,655$160,280$157,495
2 years$82,170$80,640$79,157$77,719$76,324$73,527
3 years$54,236$52,699$51,220$49,795$48,423$45,702
4 years$40,272$38,739$37,275$35,875$34,536$31,911
5 years$31,895$30,372$28,927$27,555$26,253$23,732
6 years$26,313$24,801$23,377$22,036$20,773$18,359
7 years$22,327$20,828$19,427$18,117$16,894$14,587
8 years$19,339$17,853$16,475$15,198$14,016$11,815
9 years$17,016$15,545$14,190$12,945$11,803$9,708
10 years$15,159$13,702$12,371$11,159$10,057$8,066
11 years$13,640$12,198$10,891$9,712$8,649$6,760
12 years$12,376$10,948$9,666$8,518$7,495$5,705
13 years$11,307$9,894$8,636$7,520$6,536$4,842
14 years$10,391$8,993$7,759$6,676$5,729$4,129
15 years$9,598$8,216$7,006$5,954$5,045$3,534
16 years$8,905$7,538$6,352$5,331$4,458$3,035
17 years$8,294$6,942$5,780$4,790$3,953$2,614
18 years$7,752$6,415$5,276$4,317$3,515$2,256
19 years$7,267$5,945$4,830$3,900$3,133$1,951
20 years$6,831$5,524$4,433$3,533$2,798$1,690
21 years$6,438$5,146$4,077$3,206$2,504$1,466
22 years$6,080$4,803$3,758$2,915$2,245$1,273
23 years$5,754$4,492$3,470$2,655$2,015$1,107
24 years$5,456$4,209$3,209$2,421$1,811$964
25 years$5,182$3,950$2,972$2,211$1,630$839
26 years$4,930$3,712$2,756$2,022$1,468$732
27 years$4,696$3,494$2,560$1,851$1,324$638
28 years$4,480$3,292$2,380$1,696$1,194$557
29 years$4,279$3,106$2,214$1,555$1,078$486
30 years$4,091$2,933$2,063$1,427$974$424
31 years$3,917$2,773$1,923$1,311$881$371
32 years$3,753$2,624$1,794$1,204$797$324
33 years$3,600$2,485$1,675$1,108$721$283
34 years$3,456$2,355$1,565$1,019$653$248
35 years$3,320$2,234$1,463$938$591$216
36 years$3,192$2,120$1,369$864$536$189
37 years$3,072$2,013$1,281$796$486$166
38 years$2,958$1,914$1,200$734$440$145
39 years$2,850$1,820$1,124$677$399$127
40 years$2,748$1,731$1,054$624$362$111
41 years$2,651$1,648$988$576$329$97
42 years$2,559$1,569$927$531$298$85
43 years$2,471$1,495$870$490$271$74
44 years$2,388$1,425$816$453$246$65
45 years$2,309$1,359$766$418$223$57
46 years$2,233$1,297$720$386$202$50
47 years$2,161$1,237$676$357$184$44
48 years$2,092$1,181$636$330$167$38
49 years$2,026$1,128$597$305$152$33
50 years$1,962$1,078$562$282$138$29

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 $2,457 every year, while hoping to spend $57,278 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: 51/26/23 Blend
29$2,010,000$2,010,000$2,010,000$2,010,000
30$2,217,554$2,111,024$2,079,869$2,316,282
31$2,382,802$2,153,521$2,088,602$2,427,421
32$2,562,984$2,196,181$2,095,707$2,542,150
33$2,759,565$2,238,950$2,101,070$2,665,716
34$2,974,155$2,281,773$2,104,570$2,798,979
35$3,208,526$2,324,587$2,106,080$2,942,889
36$3,464,630$2,367,326$2,105,468$3,098,493
37$3,744,615$2,409,917$2,102,593$3,266,946
38$4,050,845$2,452,283$2,097,310$3,449,520
39$4,385,926$2,494,340$2,089,465$3,647,621
40$4,752,725$2,535,997$2,078,896$3,862,797
41$5,154,400$2,577,157$2,065,436$4,096,756
42$5,594,428$2,617,717$2,048,907$4,351,383
43$6,076,638$2,657,564$2,029,124$4,628,756
44$6,605,248$2,696,578$2,005,893$4,931,166
45$7,184,904$2,734,630$1,979,011$5,261,141
46$7,820,721$2,771,584$1,948,264$5,621,468
47$8,518,335$2,807,292$1,913,431$6,015,221
48$9,283,952$2,841,596$1,874,278$6,445,791
49$10,124,409$2,874,329$1,830,561$6,916,916
50$11,047,238$2,905,310$1,782,024$7,432,720
51$12,060,735$2,934,349$1,728,401$7,997,750
52$13,174,040$2,961,242$1,669,411$8,617,021
53$14,397,219$2,985,770$1,604,764$9,296,061
54$15,741,364$3,007,701$1,534,153$10,040,970
55$17,218,695$3,026,790$1,457,258$10,858,472
56$18,842,672$3,042,773$1,373,747$11,755,980
57$20,628,127$3,055,371$1,283,269$12,741,672
58$22,591,398$3,064,287$1,185,461$13,824,564
59$24,750,488$3,069,204$1,079,941$15,014,595
60$27,125,230$3,069,787$966,311$16,322,728
61$29,737,476$3,065,680$844,156$17,761,048
62$32,611,305$3,056,504$713,041$19,342,881
63$35,773,243$3,041,858$572,513$21,082,918
64$39,252,519$3,021,315$422,098$22,997,359
65$43,081,340$2,994,423$261,302$25,104,063
66$47,295,190$2,960,703$89,609$27,422,721
67$51,933,168$2,919,646$0$29,975,041
68$57,038,357$2,870,715$0$32,807,931
69$62,658,228$2,813,338$0$35,949,762
70$68,845,087$2,746,911$0$39,407,753
71$75,656,570$2,670,795$0$43,214,120
72$83,156,188$2,584,311$0$47,404,370
73$91,413,920$2,486,743$0$52,017,639
74$100,506,878$2,377,332$0$57,097,056
75$110,520,034$2,255,275$0$62,690,156
76$121,547,017$2,119,723$0$68,849,328
77$133,691,001$1,969,778$0$75,632,314
78$147,065,677$1,804,491$0$83,102,748
79$161,796,322$1,622,858$0$91,330,764
80$178,020,987$1,423,818$0$100,393,658
81$195,891,793$1,206,250$0$110,376,619
82$215,576,371$968,971$0$121,373,534
83$237,259,439$710,729$0$133,487,876
84$261,144,549$430,202$0$146,833,684
85$287,456,008$125,997$0$161,536,640
86$316,440,989$0$0$177,735,256
87$348,371,868$0$0$195,640,372
88$383,548,795$0$0$215,405,733
89$422,302,523$0$0$237,181,178
90$464,997,531$0$0$261,171,546
91$512,035,465$0$0$287,602,565
92$563,858,926$0$0$316,722,981
93$620,955,649$0$0$348,806,906
94$683,863,106$0$0$384,156,403
95$753,173,578$0$0$423,104,342
96$829,539,746$0$0$466,017,536
97$913,680,850$0$0$513,300,207
98$1,006,389,481$0$0$565,397,800
99$1,108,539,057$0$0$622,801,189
100$1,221,092,073$0$0$686,051,307