Can I retire at age 30 with 2,090,000?

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 $2,090,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$172,590$171,053$169,553$168,089$166,660$160,938
2 years$85,441$83,849$82,307$80,812$79,362$73,656
3 years$56,395$54,797$53,258$51,777$50,350$44,839
4 years$41,874$40,281$38,758$37,302$35,910$30,636
5 years$33,165$31,581$30,078$28,652$27,298$22,275
6 years$27,360$25,788$24,308$22,913$21,600$16,832
7 years$23,215$21,657$20,200$18,838$17,567$13,052
8 years$20,108$18,564$17,131$15,803$14,573$10,309
9 years$17,693$16,163$14,755$13,461$12,273$8,253
10 years$15,762$14,247$12,864$11,603$10,457$6,676
11 years$14,183$12,683$11,325$10,098$8,993$5,443
12 years$12,868$11,384$10,051$8,857$7,794$4,466
13 years$11,757$10,288$8,980$7,820$6,796$3,682
14 years$10,804$9,351$8,068$6,942$5,957$3,049
15 years$9,980$8,543$7,284$6,191$5,245$2,532
16 years$9,259$7,838$6,604$5,543$4,636$2,109
17 years$8,624$7,218$6,010$4,980$4,111$1,760
18 years$8,060$6,670$5,486$4,488$3,655$1,472
19 years$7,556$6,182$5,022$4,056$3,258$1,233
20 years$7,103$5,744$4,609$3,673$2,910$1,033
21 years$6,694$5,351$4,240$3,334$2,604$867
22 years$6,322$4,995$3,907$3,031$2,334$729
23 years$5,983$4,671$3,608$2,760$2,095$613
24 years$5,673$4,377$3,337$2,518$1,883$515
25 years$5,388$4,107$3,090$2,299$1,695$434
26 years$5,126$3,860$2,866$2,102$1,526$365
27 years$4,883$3,633$2,662$1,924$1,376$308
28 years$4,658$3,423$2,474$1,763$1,242$259
29 years$4,449$3,229$2,302$1,617$1,121$218
30 years$4,254$3,050$2,145$1,484$1,013$184
31 years$4,072$2,883$1,999$1,363$916$155
32 years$3,902$2,728$1,865$1,252$829$131
33 years$3,743$2,584$1,742$1,152$750$110
34 years$3,593$2,449$1,627$1,060$679$93
35 years$3,452$2,322$1,522$975$615$78
36 years$3,319$2,204$1,423$898$557$66
37 years$3,194$2,094$1,332$828$505$56
38 years$3,076$1,990$1,248$763$458$47
39 years$2,964$1,892$1,169$703$415$40
40 years$2,857$1,800$1,096$649$377$34
41 years$2,757$1,714$1,027$599$342$28
42 years$2,661$1,632$964$552$310$24
43 years$2,570$1,555$904$510$281$20
44 years$2,483$1,482$849$471$255$17
45 years$2,401$1,413$797$435$232$14
46 years$2,322$1,348$749$402$210$12
47 years$2,247$1,287$703$371$191$10
48 years$2,175$1,228$661$343$174$9
49 years$2,106$1,173$621$317$158$7
50 years$2,041$1,120$584$293$143$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,090,000, adding $2,451 every year, while hoping to spend $25,595 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: 69/21/10 Blend
29$2,090,000$2,090,000$2,090,000$2,090,000
30$2,305,708$2,194,938$2,162,543$2,460,024
31$2,513,658$2,275,257$2,207,756$2,643,011
32$2,741,960$2,358,654$2,253,625$2,839,792
33$2,992,664$2,445,253$2,300,145$3,054,381
34$3,268,028$2,535,182$2,347,312$3,288,524
35$3,570,537$2,628,576$2,395,117$3,544,139
36$3,902,931$2,725,575$2,443,553$3,823,340
37$4,268,227$2,826,326$2,492,609$4,128,453
38$4,669,750$2,930,980$2,542,276$4,462,037
39$5,111,163$3,039,696$2,592,540$4,826,912
40$5,596,500$3,152,640$2,643,389$5,226,181
41$6,130,208$3,269,984$2,694,807$5,663,261
42$6,717,184$3,391,908$2,746,778$6,141,914
43$7,362,825$3,518,600$2,799,284$6,666,283
44$8,073,077$3,650,255$2,852,304$7,240,931
45$8,854,491$3,787,078$2,905,816$7,870,882
46$9,714,285$3,929,280$2,959,796$8,561,668
47$10,660,412$4,077,085$3,014,219$9,319,383
48$11,701,635$4,230,723$3,069,056$10,150,739
49$12,847,609$4,390,436$3,124,277$11,063,127
50$14,108,973$4,556,475$3,179,849$12,064,689
51$15,497,450$4,729,104$3,235,735$13,164,393
52$17,025,957$4,908,597$3,291,899$14,372,118
53$18,708,726$5,095,240$3,348,299$15,698,745
54$20,561,440$5,289,331$3,404,891$17,156,259
55$22,601,380$5,491,181$3,461,629$18,757,866
56$24,847,589$5,701,117$3,518,461$20,518,110
57$27,321,048$5,919,477$3,575,334$22,453,016
58$30,044,879$6,146,615$3,632,192$24,580,236
59$33,044,558$6,382,901$3,688,972$26,919,219
60$36,348,161$6,628,721$3,745,610$29,491,389
61$39,986,622$6,884,477$3,802,037$32,320,351
62$43,994,031$7,150,590$3,858,179$35,432,112
63$48,407,953$7,427,499$3,913,958$38,855,323
64$53,269,780$7,715,662$3,969,292$42,621,552
65$58,625,126$8,015,558$4,024,092$46,765,579
66$64,524,255$8,327,687$4,078,265$51,325,723
67$71,022,556$8,652,570$4,131,713$56,344,206
68$78,181,063$8,990,752$4,184,332$61,867,548
69$86,067,035$9,342,803$4,236,011$67,947,005
70$94,754,589$9,709,317$4,286,634$74,639,053
71$104,325,397$10,090,914$4,336,077$82,005,918
72$114,869,463$10,488,243$4,384,210$90,116,166
73$126,485,963$10,901,983$4,430,896$99,045,345
74$139,284,191$11,332,839$4,475,991$108,876,701
75$153,384,583$11,781,553$4,519,341$119,701,957
76$168,919,857$12,248,895$4,560,785$131,622,185
77$186,036,265$12,735,674$4,600,155$144,748,752
78$204,894,974$13,242,733$4,637,270$159,204,373
79$225,673,587$13,770,952$4,671,944$175,124,269
80$248,567,817$14,321,252$4,703,978$192,657,440
81$273,793,337$14,894,596$4,733,164$211,968,068
82$301,587,815$15,491,990$4,759,283$233,237,073
83$332,213,159$16,114,484$4,782,106$256,663,811
84$365,957,985$16,763,177$4,801,390$282,467,956
85$403,140,343$17,439,217$4,816,880$310,891,577
86$444,110,724$18,143,804$4,828,311$342,201,414
87$489,255,360$18,878,193$4,835,403$376,691,401
88$538,999,878$19,643,695$4,837,859$414,685,433
89$593,813,311$20,441,682$4,835,373$456,540,425
90$654,212,531$21,273,587$4,827,621$502,649,679
91$720,767,125$22,140,908$4,814,262$553,446,592
92$794,104,772$23,045,213$4,794,940$609,408,748
93$874,917,170$23,988,140$4,769,282$671,062,423
94$963,966,565$24,971,402$4,736,896$738,987,550
95$1,062,092,945$25,996,792$4,697,373$813,823,194
96$1,170,221,973$27,066,181$4,650,282$896,273,577
97$1,289,373,721$28,181,531$4,595,173$987,114,729
98$1,420,672,304$29,344,889$4,531,574$1,087,201,808
99$1,565,356,490$30,558,400$4,458,993$1,197,477,168
100$1,724,791,394$31,824,304$4,376,912$1,318,979,257