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%15.3%
1 years$172,590$171,053$169,553$168,089$166,660$163,028
2 years$85,441$83,849$82,307$80,812$79,362$75,721
3 years$56,395$54,797$53,258$51,777$50,350$46,815
4 years$41,874$40,281$38,758$37,302$35,910$32,507
5 years$33,165$31,581$30,078$28,652$27,298$24,036
6 years$27,360$25,788$24,308$22,913$21,600$18,483
7 years$23,215$21,657$20,200$18,838$17,567$14,595
8 years$20,108$18,564$17,131$15,803$14,573$11,747
9 years$17,693$16,163$14,755$13,461$12,273$9,589
10 years$15,762$14,247$12,864$11,603$10,457$7,913
11 years$14,183$12,683$11,325$10,098$8,993$6,585
12 years$12,868$11,384$10,051$8,857$7,794$5,518
13 years$11,757$10,288$8,980$7,820$6,796$4,649
14 years$10,804$9,351$8,068$6,942$5,957$3,935
15 years$9,980$8,543$7,284$6,191$5,245$3,343
16 years$9,259$7,838$6,604$5,543$4,636$2,849
17 years$8,624$7,218$6,010$4,980$4,111$2,434
18 years$8,060$6,670$5,486$4,488$3,655$2,084
19 years$7,556$6,182$5,022$4,056$3,258$1,788
20 years$7,103$5,744$4,609$3,673$2,910$1,536
21 years$6,694$5,351$4,240$3,334$2,604$1,321
22 years$6,322$4,995$3,907$3,031$2,334$1,138
23 years$5,983$4,671$3,608$2,760$2,095$981
24 years$5,673$4,377$3,337$2,518$1,883$846
25 years$5,388$4,107$3,090$2,299$1,695$731
26 years$5,126$3,860$2,866$2,102$1,526$631
27 years$4,883$3,633$2,662$1,924$1,376$546
28 years$4,658$3,423$2,474$1,763$1,242$472
29 years$4,449$3,229$2,302$1,617$1,121$408
30 years$4,254$3,050$2,145$1,484$1,013$353
31 years$4,072$2,883$1,999$1,363$916$306
32 years$3,902$2,728$1,865$1,252$829$265
33 years$3,743$2,584$1,742$1,152$750$229
34 years$3,593$2,449$1,627$1,060$679$199
35 years$3,452$2,322$1,522$975$615$172
36 years$3,319$2,204$1,423$898$557$149
37 years$3,194$2,094$1,332$828$505$129
38 years$3,076$1,990$1,248$763$458$112
39 years$2,964$1,892$1,169$703$415$97
40 years$2,857$1,800$1,096$649$377$84
41 years$2,757$1,714$1,027$599$342$73
42 years$2,661$1,632$964$552$310$63
43 years$2,570$1,555$904$510$281$55
44 years$2,483$1,482$849$471$255$48
45 years$2,401$1,413$797$435$232$41
46 years$2,322$1,348$749$402$210$36
47 years$2,247$1,287$703$371$191$31
48 years$2,175$1,228$661$343$174$27
49 years$2,106$1,173$621$317$158$23
50 years$2,041$1,120$584$293$143$20

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 $3,911 every year, while hoping to spend $47,950 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: 49/37/14 Blend
29$2,090,000$2,090,000$2,090,000$2,090,000
30$2,307,214$2,196,444$2,164,049$2,411,178
31$2,491,532$2,253,052$2,185,526$2,539,792
32$2,693,042$2,310,826$2,206,116$2,674,124
33$2,913,449$2,369,773$2,225,738$2,818,978
34$3,154,628$2,429,899$2,244,307$2,975,358
35$3,418,643$2,491,207$2,261,734$3,144,366
36$3,707,769$2,553,699$2,277,926$3,327,219
37$4,024,508$2,617,378$2,292,784$3,525,253
38$4,371,619$2,682,241$2,306,203$3,739,944
39$4,752,139$2,748,285$2,318,076$3,972,914
40$5,169,412$2,815,506$2,328,286$4,225,951
41$5,627,123$2,883,896$2,336,714$4,501,024
42$6,129,328$2,953,446$2,343,233$4,800,302
43$6,680,498$3,024,143$2,347,710$5,126,175
44$7,285,556$3,095,973$2,350,005$5,481,275
45$7,949,924$3,168,918$2,349,972$5,868,503
46$8,679,577$3,242,955$2,347,457$6,291,054
47$9,481,096$3,318,062$2,342,298$6,752,449
48$10,361,730$3,394,209$2,334,327$7,256,568
49$11,329,465$3,471,365$2,323,367$7,807,684
50$12,393,102$3,549,492$2,309,230$8,410,509
51$13,562,332$3,628,551$2,291,723$9,070,233
52$14,847,835$3,708,496$2,270,641$9,792,575
53$16,261,377$3,789,275$2,245,771$10,583,839
54$17,815,921$3,870,833$2,216,888$11,450,969
55$19,525,749$3,953,108$2,183,757$12,401,620
56$21,406,597$4,036,031$2,146,134$13,444,228
57$23,475,801$4,119,528$2,103,761$14,588,087
58$25,752,464$4,203,517$2,056,369$15,843,443
59$28,257,635$4,287,908$2,003,676$17,221,586
60$31,014,503$4,372,605$1,945,388$18,734,958
61$34,048,621$4,457,501$1,881,198$20,397,272
62$37,388,144$4,542,483$1,810,782$22,223,640
63$41,064,096$4,627,425$1,733,804$24,230,717
64$45,110,658$4,712,194$1,649,911$26,436,859
65$49,565,498$4,796,644$1,558,736$28,862,294
66$54,470,119$4,880,620$1,459,893$31,529,319
67$59,870,252$4,963,951$1,352,981$34,462,504
68$65,816,291$5,046,458$1,237,579$37,688,929
69$72,363,763$5,127,945$1,113,248$41,238,439
70$79,573,855$5,208,202$979,530$45,143,927
71$87,513,989$5,287,004$835,945$49,441,643
72$96,258,460$5,364,112$681,993$54,171,540
73$105,889,136$5,439,266$517,153$59,377,648
74$116,496,228$5,512,191$340,878$65,108,495
75$128,179,145$5,582,590$152,600$71,417,563
76$141,047,430$5,650,149$0$78,363,794
77$155,221,791$5,714,529$0$86,019,368
78$170,835,244$5,775,371$0$94,473,454
79$188,034,365$5,832,291$0$103,782,231
80$206,980,675$5,884,878$0$114,032,758
81$227,852,163$5,932,696$0$125,320,976
82$250,844,966$5,975,280$0$137,752,613
83$276,175,218$6,012,136$0$151,444,186
84$304,081,095$6,042,735$0$166,524,098
85$334,825,056$6,066,518$0$183,133,855
86$368,696,322$6,082,888$0$201,429,398
87$406,013,610$6,091,212$0$221,582,582
88$447,128,135$6,090,818$0$243,782,794
89$492,426,926$6,080,990$0$268,238,744
90$542,336,484$6,060,970$0$295,180,439
91$597,326,800$6,029,952$0$324,861,350
92$657,915,796$5,987,082$0$357,560,815
93$724,674,212$5,931,454$0$393,586,667
94$798,230,993$5,862,106$0$433,278,151
95$879,279,226$5,778,021$0$477,009,125
96$968,582,682$5,678,119$0$525,191,589
97$1,066,983,025$5,561,257$0$578,279,582
98$1,175,407,758$5,426,223$0$636,773,463
99$1,294,878,977$5,271,734$0$701,224,648
100$1,426,523,018$5,096,435$0$772,240,806