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%16.7%
1 years$173,416$171,871$170,364$168,893$167,457$162,880
2 years$85,850$84,251$82,701$81,199$79,741$75,164
3 years$56,665$55,059$53,513$52,025$50,591$46,156
4 years$42,075$40,474$38,944$37,481$36,082$31,824
5 years$33,323$31,732$30,222$28,789$27,429$23,359
6 years$27,491$25,912$24,424$23,023$21,704$17,826
7 years$23,327$21,761$20,296$18,928$17,651$13,965
8 years$20,205$18,653$17,213$15,878$14,643$11,148
9 years$17,778$16,241$14,825$13,525$12,332$9,023
10 years$15,837$14,315$12,925$11,659$10,507$7,382
11 years$14,251$12,744$11,379$10,146$9,037$6,089
12 years$12,930$11,438$10,099$8,900$7,831$5,056
13 years$11,813$10,337$9,023$7,857$6,829$4,220
14 years$10,856$9,396$8,107$6,975$5,986$3,537
15 years$10,028$8,583$7,319$6,220$5,271$2,976
16 years$9,304$7,875$6,636$5,570$4,658$2,511
17 years$8,666$7,253$6,039$5,004$4,130$2,123
18 years$8,099$6,702$5,512$4,510$3,672$1,799
19 years$7,592$6,211$5,046$4,075$3,273$1,527
20 years$7,137$5,772$4,631$3,691$2,924$1,298
21 years$6,726$5,376$4,260$3,350$2,616$1,105
22 years$6,352$5,018$3,926$3,045$2,345$941
23 years$6,012$4,694$3,625$2,774$2,105$803
24 years$5,700$4,398$3,353$2,530$1,892$685
25 years$5,414$4,127$3,105$2,310$1,703$585
26 years$5,150$3,879$2,880$2,112$1,534$500
27 years$4,906$3,650$2,674$1,934$1,383$427
28 years$4,680$3,440$2,486$1,772$1,248$365
29 years$4,470$3,245$2,313$1,625$1,127$312
30 years$4,275$3,064$2,155$1,491$1,018$267
31 years$4,092$2,897$2,009$1,369$920$229
32 years$3,921$2,741$1,874$1,258$833$196
33 years$3,761$2,596$1,750$1,157$753$167
34 years$3,610$2,460$1,635$1,065$682$143
35 years$3,469$2,334$1,529$980$618$123
36 years$3,335$2,215$1,430$903$560$105
37 years$3,209$2,104$1,339$832$507$90
38 years$3,090$1,999$1,254$767$460$77
39 years$2,978$1,901$1,174$707$417$66
40 years$2,871$1,809$1,101$652$378$57
41 years$2,770$1,722$1,032$602$343$48
42 years$2,674$1,640$968$555$311$42
43 years$2,582$1,562$909$512$283$36
44 years$2,495$1,489$853$473$257$30
45 years$2,412$1,420$801$437$233$26
46 years$2,333$1,355$752$404$211$22
47 years$2,258$1,293$707$373$192$19
48 years$2,185$1,234$664$345$174$16
49 years$2,116$1,179$624$318$158$14
50 years$2,050$1,126$587$294$144$12

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 $6,568 every year, while hoping to spend $38,043 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: 44/39/17 Blend
29$2,100,000$2,100,000$2,100,000$2,100,000
30$2,320,975$2,209,675$2,177,125$2,411,432
31$2,517,237$2,277,472$2,209,581$2,543,327
32$2,732,243$2,347,315$2,241,850$2,681,911
33$2,967,864$2,419,266$2,273,884$2,831,315
34$3,226,161$2,493,386$2,305,635$2,992,554
35$3,509,406$2,569,738$2,337,050$3,166,747
36$3,820,098$2,648,388$2,368,074$3,355,124
37$4,160,992$2,729,403$2,398,648$3,559,036
38$4,535,122$2,812,852$2,428,711$3,779,972
39$4,945,828$2,898,805$2,458,197$4,019,571
40$5,396,792$2,987,336$2,487,036$4,279,635
41$5,892,069$3,078,520$2,515,156$4,562,147
42$6,436,126$3,172,433$2,542,479$4,869,291
43$7,033,883$3,269,155$2,568,925$5,203,473
44$7,690,761$3,368,766$2,594,406$5,567,338
45$8,412,733$3,471,349$2,618,832$5,963,800
46$9,206,378$3,576,991$2,642,109$6,396,068
47$10,078,943$3,685,779$2,664,135$6,867,675
48$11,038,417$3,797,803$2,684,805$7,382,513
49$12,093,596$3,913,156$2,704,007$7,944,864
50$13,254,176$4,031,934$2,721,624$8,559,450
51$14,530,836$4,154,233$2,737,532$9,231,465
52$15,935,344$4,280,153$2,751,603$9,966,636
53$17,480,667$4,409,799$2,763,699$10,771,267
54$19,181,091$4,543,274$2,773,678$11,652,304
55$21,052,355$4,680,687$2,781,390$12,617,396
56$23,111,804$4,822,150$2,786,675$13,674,971
57$25,378,549$4,967,776$2,789,369$14,834,313
58$27,873,645$5,117,682$2,789,298$16,105,650
59$30,620,296$5,271,987$2,786,278$17,500,249
60$33,644,067$5,430,815$2,780,119$19,030,523
61$36,973,128$5,594,291$2,770,620$20,710,147
62$40,638,520$5,762,545$2,757,569$22,554,189
63$44,674,448$5,935,708$2,740,746$24,579,249
64$49,118,600$6,113,916$2,719,919$26,803,617
65$54,012,508$6,297,309$2,694,847$29,247,445
66$59,401,934$6,486,027$2,665,275$31,932,936
67$65,337,307$6,680,218$2,630,937$34,884,554
68$71,874,193$6,880,030$2,591,554$38,129,257
69$79,073,825$7,085,615$2,546,835$41,696,744
70$87,003,676$7,297,131$2,496,475$45,619,745
71$95,738,098$7,514,737$2,440,154$49,934,318
72$105,359,022$7,738,598$2,377,537$54,680,202
73$115,956,733$7,968,880$2,308,276$59,901,179
74$127,630,720$8,205,756$2,232,004$65,645,496
75$140,490,616$8,449,400$2,148,338$71,966,317
76$154,657,230$8,699,992$2,056,878$78,922,223
77$170,263,690$8,957,714$1,957,207$86,577,767
78$187,456,700$9,222,755$1,848,886$95,004,083
79$206,397,918$9,495,306$1,731,459$104,279,555
80$227,265,492$9,775,561$1,604,449$114,490,558
81$250,255,730$10,063,721$1,467,355$125,732,273
82$275,584,960$10,359,990$1,319,658$138,109,586
83$303,491,571$10,664,575$1,160,812$151,738,076
84$334,238,260$10,977,688$990,248$166,745,107
85$368,114,514$11,299,546$807,372$183,271,029
86$405,439,340$11,630,369$611,565$201,470,506
87$446,564,279$11,970,383$402,178$221,513,970
88$491,876,720$12,319,816$178,536$243,589,235
89$541,803,561$12,678,903$0$267,903,267
90$596,815,235$13,047,881$0$294,695,045
91$657,430,154$13,426,991$0$324,240,262
92$724,219,596$13,816,480$0$356,783,601
93$797,813,106$14,216,599$0$392,630,418
94$878,904,432$14,627,601$0$432,117,201
95$968,258,076$15,049,746$0$475,614,746
96$1,066,716,512$15,483,296$0$523,531,658
97$1,175,208,136$15,928,517$0$576,318,206
98$1,294,756,031$16,385,680$0$634,470,573
99$1,426,487,627$16,855,059$0$698,535,537
100$1,571,645,340$17,336,931$0$769,115,634