Can I retire at age 30 with 2,100,000?

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 $2,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$173,416$171,871$170,364$168,893$167,457$162,553
2 years$85,850$84,251$82,701$81,199$79,741$74,840
3 years$56,665$55,059$53,513$52,025$50,591$45,846
4 years$42,075$40,474$38,944$37,481$36,082$31,530
5 years$33,323$31,732$30,222$28,789$27,429$23,083
6 years$27,491$25,912$24,424$23,023$21,704$17,567
7 years$23,327$21,761$20,296$18,928$17,651$13,723
8 years$20,205$18,653$17,213$15,878$14,643$10,923
9 years$17,778$16,241$14,825$13,525$12,332$8,814
10 years$15,837$14,315$12,925$11,659$10,507$7,188
11 years$14,251$12,744$11,379$10,146$9,037$5,910
12 years$12,930$11,438$10,099$8,900$7,831$4,891
13 years$11,813$10,337$9,023$7,857$6,829$4,069
14 years$10,856$9,396$8,107$6,975$5,986$3,399
15 years$10,028$8,583$7,319$6,220$5,271$2,849
16 years$9,304$7,875$6,636$5,570$4,658$2,395
17 years$8,666$7,253$6,039$5,004$4,130$2,018
18 years$8,099$6,702$5,512$4,510$3,672$1,704
19 years$7,592$6,211$5,046$4,075$3,273$1,441
20 years$7,137$5,772$4,631$3,691$2,924$1,220
21 years$6,726$5,376$4,260$3,350$2,616$1,035
22 years$6,352$5,018$3,926$3,045$2,345$878
23 years$6,012$4,694$3,625$2,774$2,105$746
24 years$5,700$4,398$3,353$2,530$1,892$634
25 years$5,414$4,127$3,105$2,310$1,703$539
26 years$5,150$3,879$2,880$2,112$1,534$459
27 years$4,906$3,650$2,674$1,934$1,383$390
28 years$4,680$3,440$2,486$1,772$1,248$332
29 years$4,470$3,245$2,313$1,625$1,127$283
30 years$4,275$3,064$2,155$1,491$1,018$241
31 years$4,092$2,897$2,009$1,369$920$206
32 years$3,921$2,741$1,874$1,258$833$175
33 years$3,761$2,596$1,750$1,157$753$149
34 years$3,610$2,460$1,635$1,065$682$127
35 years$3,469$2,334$1,529$980$618$109
36 years$3,335$2,215$1,430$903$560$93
37 years$3,209$2,104$1,339$832$507$79
38 years$3,090$1,999$1,254$767$460$67
39 years$2,978$1,901$1,174$707$417$57
40 years$2,871$1,809$1,101$652$378$49
41 years$2,770$1,722$1,032$602$343$42
42 years$2,674$1,640$968$555$311$36
43 years$2,582$1,562$909$512$283$30
44 years$2,495$1,489$853$473$257$26
45 years$2,412$1,420$801$437$233$22
46 years$2,333$1,355$752$404$211$19
47 years$2,258$1,293$707$373$192$16
48 years$2,185$1,234$664$345$174$14
49 years$2,116$1,179$624$318$158$12
50 years$2,050$1,126$587$294$144$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,100,000, adding $3,367 every year, while hoping to spend $47,429 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: 42/46/12 Blend
29$2,100,000$2,100,000$2,100,000$2,100,000
30$2,317,673$2,206,373$2,173,823$2,406,732
31$2,503,612$2,264,021$2,196,182$2,527,125
32$2,706,926$2,322,905$2,217,700$2,652,420
33$2,929,339$2,383,034$2,238,300$2,787,045
34$3,172,747$2,444,417$2,257,898$2,931,872
35$3,439,238$2,507,065$2,276,409$3,087,861
36$3,731,111$2,570,982$2,293,739$3,256,068
37$4,050,900$2,636,175$2,309,794$3,437,657
38$4,401,391$2,702,647$2,324,473$3,633,908
39$4,785,658$2,770,402$2,337,667$3,846,230
40$5,207,083$2,839,439$2,349,267$4,076,176
41$5,669,392$2,909,758$2,359,154$4,325,454
42$6,176,689$2,981,355$2,367,204$4,595,949
43$6,733,494$3,054,224$2,373,288$4,889,732
44$7,344,787$3,128,358$2,377,270$5,209,089
45$8,016,052$3,203,745$2,379,006$5,556,535
46$8,753,333$3,280,372$2,378,346$5,934,843
47$9,563,286$3,358,222$2,375,133$6,347,064
48$10,453,242$3,437,277$2,369,201$6,796,564
49$11,431,281$3,517,511$2,360,378$7,287,048
50$12,506,302$3,598,899$2,348,480$7,822,601
51$13,688,109$3,681,410$2,333,319$8,407,722
52$14,987,505$3,765,008$2,314,694$9,047,369
53$16,416,390$3,849,653$2,292,396$9,747,005
54$17,987,877$3,935,301$2,266,206$10,512,651
55$19,716,411$4,021,901$2,235,895$11,350,940
56$21,617,909$4,109,399$2,201,222$12,269,182
57$23,709,909$4,197,732$2,161,935$13,275,435
58$26,011,732$4,286,834$2,117,773$14,378,576
59$28,544,669$4,376,629$2,068,458$15,588,389
60$31,332,177$4,467,035$2,013,704$16,915,656
61$34,400,103$4,557,964$1,953,207$18,372,261
62$37,776,928$4,649,319$1,886,653$19,971,298
63$41,494,030$4,740,991$1,813,712$21,727,200
64$45,585,989$4,832,868$1,734,039$23,655,873
65$50,090,904$4,924,822$1,647,274$25,774,846
66$55,050,758$5,016,720$1,553,038$28,103,438
67$60,511,809$5,108,413$1,450,940$30,662,941
68$66,525,033$5,199,745$1,340,566$33,476,821
69$73,146,598$5,290,544$1,221,486$36,570,940
70$80,438,397$5,380,626$1,093,252$39,973,800
71$88,468,631$5,469,795$955,393$43,716,813
72$97,312,453$5,557,836$807,420$47,834,601
73$107,052,675$5,644,522$648,821$52,365,318
74$117,780,552$5,729,608$479,060$57,351,018
75$129,596,640$5,812,830$297,581$62,838,047
76$142,611,747$5,893,909$103,800$68,877,482
77$156,947,977$5,972,542$0$75,525,618
78$172,739,883$6,048,408$0$82,857,685
79$190,135,733$6,121,163$0$90,943,915
80$209,298,917$6,190,439$0$99,846,446
81$230,409,479$6,255,843$0$109,648,422
82$253,665,824$6,316,957$0$120,441,470
83$279,286,585$6,373,336$0$132,326,565
84$307,512,690$6,424,502$0$145,414,990
85$338,609,632$6,469,950$0$159,829,380
86$372,869,977$6,509,141$0$175,704,886
87$410,616,126$6,541,500$0$193,190,450
88$452,203,355$6,566,417$0$212,450,213
89$498,023,168$6,583,243$0$233,665,066
90$548,506,998$6,591,288$0$257,034,359
91$604,130,270$6,589,819$0$282,777,785
92$665,416,896$6,578,059$0$311,137,454
93$732,944,216$6,555,181$0$342,380,183
94$807,348,449$6,520,308$0$376,800,017
95$889,330,698$6,472,509$0$414,721,003
96$979,663,566$6,410,799$0$456,500,258
97$1,079,198,452$6,334,130$0$502,531,337
98$1,188,873,586$6,241,395$0$553,247,956
99$1,309,722,887$6,131,418$0$609,128,084
100$1,442,885,718$6,002,954$0$670,698,464