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%17.7%
1 years$172,590$171,053$169,553$168,089$166,660$161,454
2 years$85,441$83,849$82,307$80,812$79,362$74,164
3 years$56,395$54,797$53,258$51,777$50,350$45,323
4 years$41,874$40,281$38,758$37,302$35,910$31,092
5 years$33,165$31,581$30,078$28,652$27,298$22,702
6 years$27,360$25,788$24,308$22,913$21,600$17,229
7 years$23,215$21,657$20,200$18,838$17,567$13,422
8 years$20,108$18,564$17,131$15,803$14,573$10,651
9 years$17,693$16,163$14,755$13,461$12,273$8,569
10 years$15,762$14,247$12,864$11,603$10,457$6,966
11 years$14,183$12,683$11,325$10,098$8,993$5,709
12 years$12,868$11,384$10,051$8,857$7,794$4,709
13 years$11,757$10,288$8,980$7,820$6,796$3,904
14 years$10,804$9,351$8,068$6,942$5,957$3,250
15 years$9,980$8,543$7,284$6,191$5,245$2,715
16 years$9,259$7,838$6,604$5,543$4,636$2,274
17 years$8,624$7,218$6,010$4,980$4,111$1,909
18 years$8,060$6,670$5,486$4,488$3,655$1,606
19 years$7,556$6,182$5,022$4,056$3,258$1,353
20 years$7,103$5,744$4,609$3,673$2,910$1,142
21 years$6,694$5,351$4,240$3,334$2,604$964
22 years$6,322$4,995$3,907$3,031$2,334$815
23 years$5,983$4,671$3,608$2,760$2,095$689
24 years$5,673$4,377$3,337$2,518$1,883$584
25 years$5,388$4,107$3,090$2,299$1,695$494
26 years$5,126$3,860$2,866$2,102$1,526$419
27 years$4,883$3,633$2,662$1,924$1,376$355
28 years$4,658$3,423$2,474$1,763$1,242$301
29 years$4,449$3,229$2,302$1,617$1,121$255
30 years$4,254$3,050$2,145$1,484$1,013$217
31 years$4,072$2,883$1,999$1,363$916$184
32 years$3,902$2,728$1,865$1,252$829$156
33 years$3,743$2,584$1,742$1,152$750$133
34 years$3,593$2,449$1,627$1,060$679$113
35 years$3,452$2,322$1,522$975$615$96
36 years$3,319$2,204$1,423$898$557$81
37 years$3,194$2,094$1,332$828$505$69
38 years$3,076$1,990$1,248$763$458$59
39 years$2,964$1,892$1,169$703$415$50
40 years$2,857$1,800$1,096$649$377$42
41 years$2,757$1,714$1,027$599$342$36
42 years$2,661$1,632$964$552$310$30
43 years$2,570$1,555$904$510$281$26
44 years$2,483$1,482$849$471$255$22
45 years$2,401$1,413$797$435$232$19
46 years$2,322$1,348$749$402$210$16
47 years$2,247$1,287$703$371$191$13
48 years$2,175$1,228$661$343$174$11
49 years$2,106$1,173$621$317$158$10
50 years$2,041$1,120$584$293$143$8

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 $5,510 every year, while hoping to spend $26,049 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: 51/25/24 Blend
29$2,090,000$2,090,000$2,090,000$2,090,000
30$2,308,864$2,198,094$2,165,699$2,410,846
31$2,516,652$2,278,084$2,210,534$2,562,141
32$2,744,761$2,361,121$2,255,997$2,723,460
33$2,995,237$2,447,327$2,302,084$2,898,336
34$3,270,333$2,536,827$2,348,785$3,088,068
35$3,572,530$2,629,755$2,396,093$3,294,083
36$3,904,563$2,726,248$2,443,997$3,517,951
37$4,269,444$2,826,450$2,492,486$3,761,400
38$4,670,492$2,930,510$2,541,548$4,026,332
39$5,111,361$3,038,584$2,591,169$4,314,838
40$5,596,080$3,150,835$2,641,334$4,629,221
41$6,129,086$3,267,432$2,692,025$4,972,016
42$6,715,269$3,388,552$2,743,223$5,346,011
43$7,360,014$3,514,378$2,794,909$5,754,277
44$8,069,256$3,645,104$2,847,059$6,200,195
45$8,849,534$3,780,928$2,899,650$6,687,487
46$9,708,053$3,922,060$2,952,655$7,220,248
47$10,652,751$4,068,717$3,006,045$7,802,991
48$11,692,374$4,221,127$3,059,790$8,440,684
49$12,836,559$4,379,525$3,113,856$9,138,797
50$14,095,926$4,544,159$3,168,207$9,903,353
51$15,482,174$4,715,287$3,222,806$10,740,987
52$17,008,196$4,893,176$3,277,610$11,659,004
53$18,688,197$5,078,107$3,332,576$12,665,451
54$20,537,832$5,270,373$3,387,655$13,769,192
55$22,574,347$5,470,278$3,442,798$14,979,986
56$24,816,750$5,678,140$3,497,951$16,308,585
57$27,285,981$5,894,292$3,553,056$17,766,834
58$30,005,119$6,119,080$3,608,051$19,367,777
59$32,999,592$6,352,866$3,662,871$21,125,784
60$36,297,421$6,596,026$3,717,447$23,056,686
61$39,929,482$6,848,956$3,771,706$25,177,922
62$43,929,799$7,112,065$3,825,569$27,508,701
63$48,335,866$7,385,783$3,878,952$30,070,187
64$53,188,996$7,670,558$3,931,769$32,885,696
65$58,534,715$7,966,858$3,983,925$35,980,915
66$64,423,192$8,275,170$4,035,322$39,384,141
67$70,909,709$8,596,004$4,085,857$43,126,554
68$78,055,184$8,929,893$4,135,418$47,242,502
69$85,926,747$9,277,392$4,183,888$51,769,830
70$94,598,372$9,639,081$4,231,145$56,750,237
71$104,151,576$10,015,566$4,277,059$62,229,662
72$114,676,189$10,407,481$4,321,493$68,258,724
73$126,271,199$10,815,486$4,364,301$74,893,194
74$139,045,687$11,240,271$4,405,332$82,194,522
75$153,119,861$11,682,558$4,444,424$90,230,415
76$168,626,183$12,143,099$4,481,408$99,075,475
77$185,710,625$12,622,682$4,516,106$108,811,906
78$204,534,044$13,122,129$4,548,331$119,530,279
79$225,273,701$13,642,298$4,577,885$131,330,397
80$248,124,934$14,184,087$4,604,560$144,322,228
81$273,303,003$14,748,432$4,628,138$158,626,943
82$301,045,119$15,336,315$4,648,390$174,378,059
83$331,612,684$15,948,757$4,665,074$191,722,701
84$365,293,761$16,586,830$4,677,938$210,822,982
85$402,405,791$17,251,651$4,686,715$231,857,538
86$443,298,588$17,944,388$4,691,126$255,023,209
87$488,357,643$18,666,262$4,690,878$280,536,897
88$538,007,764$19,418,550$4,685,664$308,637,610
89$592,717,082$20,202,586$4,675,160$339,588,720
90$653,001,476$21,019,764$4,659,030$373,680,440
91$719,429,437$21,871,542$4,636,917$411,232,570
92$792,627,436$22,759,445$4,608,451$452,597,507
93$873,285,842$23,685,065$4,573,241$498,163,573
94$962,165,433$24,650,068$4,530,879$548,358,678
95$1,060,104,582$25,656,196$4,480,939$603,654,353
96$1,168,027,170$26,705,270$4,422,970$664,570,207
97$1,286,951,307$27,799,194$4,356,506$731,678,820
98$1,417,998,945$28,939,959$4,281,054$805,611,153
99$1,562,406,468$30,129,648$4,196,100$887,062,497
100$1,721,536,365$31,370,438$4,101,106$976,799,037