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%17%
1 years$165,984$164,505$163,063$161,655$160,280$155,711
2 years$82,170$80,640$79,157$77,719$76,324$71,756
3 years$54,236$52,699$51,220$49,795$48,423$44,000
4 years$40,272$38,739$37,275$35,875$34,536$30,291
5 years$31,895$30,372$28,927$27,555$26,253$22,199
6 years$26,313$24,801$23,377$22,036$20,773$16,913
7 years$22,327$20,828$19,427$18,117$16,894$13,227
8 years$19,339$17,853$16,475$15,198$14,016$10,540
9 years$17,016$15,545$14,190$12,945$11,803$8,516
10 years$15,159$13,702$12,371$11,159$10,057$6,954
11 years$13,640$12,198$10,891$9,712$8,649$5,725
12 years$12,376$10,948$9,666$8,518$7,495$4,744
13 years$11,307$9,894$8,636$7,520$6,536$3,952
14 years$10,391$8,993$7,759$6,676$5,729$3,306
15 years$9,598$8,216$7,006$5,954$5,045$2,775
16 years$8,905$7,538$6,352$5,331$4,458$2,336
17 years$8,294$6,942$5,780$4,790$3,953$1,972
18 years$7,752$6,415$5,276$4,317$3,515$1,667
19 years$7,267$5,945$4,830$3,900$3,133$1,412
20 years$6,831$5,524$4,433$3,533$2,798$1,197
21 years$6,438$5,146$4,077$3,206$2,504$1,017
22 years$6,080$4,803$3,758$2,915$2,245$864
23 years$5,754$4,492$3,470$2,655$2,015$735
24 years$5,456$4,209$3,209$2,421$1,811$626
25 years$5,182$3,950$2,972$2,211$1,630$533
26 years$4,930$3,712$2,756$2,022$1,468$454
27 years$4,696$3,494$2,560$1,851$1,324$387
28 years$4,480$3,292$2,380$1,696$1,194$330
29 years$4,279$3,106$2,214$1,555$1,078$282
30 years$4,091$2,933$2,063$1,427$974$241
31 years$3,917$2,773$1,923$1,311$881$205
32 years$3,753$2,624$1,794$1,204$797$175
33 years$3,600$2,485$1,675$1,108$721$150
34 years$3,456$2,355$1,565$1,019$653$128
35 years$3,320$2,234$1,463$938$591$109
36 years$3,192$2,120$1,369$864$536$93
37 years$3,072$2,013$1,281$796$486$80
38 years$2,958$1,914$1,200$734$440$68
39 years$2,850$1,820$1,124$677$399$58
40 years$2,748$1,731$1,054$624$362$50
41 years$2,651$1,648$988$576$329$42
42 years$2,559$1,569$927$531$298$36
43 years$2,471$1,495$870$490$271$31
44 years$2,388$1,425$816$453$246$26
45 years$2,309$1,359$766$418$223$23
46 years$2,233$1,297$720$386$202$19
47 years$2,161$1,237$676$357$184$17
48 years$2,092$1,181$636$330$167$14
49 years$2,026$1,128$597$305$152$12
50 years$1,962$1,078$562$282$138$10

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 $5,299 every year, while hoping to spend $49,906 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: 38/43/19 Blend
29$2,010,000$2,010,000$2,010,000$2,010,000
30$2,220,486$2,113,956$2,082,801$2,292,020
31$2,393,876$2,164,440$2,099,475$2,394,552
32$2,583,279$2,215,725$2,115,035$2,500,166
33$2,790,276$2,267,798$2,129,391$2,613,270
34$3,016,607$2,320,643$2,142,449$2,734,566
35$3,264,188$2,374,242$2,154,108$2,864,831
36$3,535,128$2,428,573$2,164,264$3,004,917
37$3,831,752$2,483,614$2,172,807$3,155,765
38$4,156,616$2,539,336$2,179,622$3,318,411
39$4,512,538$2,595,711$2,184,586$3,493,999
40$4,902,621$2,652,705$2,187,574$3,683,786
41$5,330,280$2,710,280$2,188,450$3,889,162
42$5,799,281$2,768,395$2,187,075$4,111,656
43$6,313,766$2,827,005$2,183,301$4,352,954
44$6,878,303$2,886,061$2,176,973$4,614,915
45$7,497,919$2,945,507$2,167,931$4,899,590
46$8,178,153$3,005,283$2,156,004$5,209,237
47$8,925,108$3,065,326$2,141,013$5,546,348
48$9,745,505$3,125,563$2,122,773$5,913,669
49$10,646,749$3,185,918$2,101,088$6,314,227
50$11,636,997$3,246,307$2,075,754$6,751,362
51$12,725,234$3,306,640$2,046,556$7,228,753
52$13,921,362$3,366,819$2,013,269$7,750,458
53$15,236,286$3,426,738$1,975,659$8,320,951
54$16,682,024$3,486,285$1,933,480$8,945,164
55$18,271,813$3,545,336$1,886,474$9,628,536
56$20,020,240$3,603,759$1,834,373$10,377,062
57$21,943,375$3,661,413$1,776,895$11,197,354
58$24,058,923$3,718,146$1,713,744$12,096,699
59$26,386,392$3,773,795$1,644,614$13,083,132
60$28,947,278$3,828,184$1,569,182$14,165,514
61$31,765,262$3,881,127$1,487,112$15,353,610
62$34,866,439$3,932,423$1,398,051$16,658,190
63$38,279,562$3,981,858$1,301,632$18,091,124
64$42,036,311$4,029,203$1,197,470$19,665,501
65$46,171,593$4,074,213$1,085,164$21,395,749
66$50,723,874$4,116,627$964,294$23,297,777
67$55,735,534$4,156,166$834,423$25,389,121
68$61,253,275$4,192,535$695,093$27,689,114
69$67,328,556$4,225,417$545,826$30,219,068
70$74,018,081$4,254,474$386,123$33,002,480
71$81,384,330$4,279,348$215,463$36,065,250
72$89,496,154$4,299,658$33,303$39,435,931
73$98,429,418$4,314,998$0$43,146,000
74$108,267,721$4,324,936$0$47,262,811
75$119,103,185$4,329,014$0$51,801,283
76$131,037,319$4,326,744$0$56,796,945
77$144,181,981$4,317,610$0$62,296,405
78$158,660,433$4,301,063$0$68,351,030
79$174,608,501$4,276,519$0$75,017,437
80$192,175,860$4,243,361$0$82,358,023
81$211,527,445$4,200,932$0$90,441,559
82$232,845,005$4,148,539$0$99,343,841
83$256,328,822$4,085,444$0$109,148,405
84$282,199,598$4,010,866$0$119,947,319
85$310,700,537$3,923,979$0$131,842,053
86$342,099,645$3,823,907$0$144,944,442
87$376,692,252$3,709,722$0$159,377,738
88$414,803,807$3,580,443$0$175,277,782
89$456,792,941$3,435,031$0$192,794,286
90$503,054,861$3,272,387$0$212,092,248
91$554,025,071$3,091,349$0$233,353,515
92$610,183,489$2,890,686$0$256,778,502
93$672,058,974$2,669,098$0$282,588,084
94$740,234,316$2,425,210$0$311,025,690
95$815,351,740$2,157,570$0$342,359,602
96$898,118,968$1,864,641$0$376,885,491
97$989,315,896$1,544,802$0$414,929,211
98$1,089,801,957$1,196,337$0$456,849,886
99$1,200,524,236$817,436$0$503,043,298
100$1,322,526,405$406,187$0$553,945,630