Can I retire at age 30 with 2,110,000?

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 $2,110,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$174,242$172,690$171,176$169,698$168,254$162,803
2 years$86,258$84,652$83,095$81,585$80,121$74,680
3 years$56,934$55,321$53,768$52,273$50,832$45,573
4 years$42,275$40,667$39,129$37,659$36,254$31,216
5 years$33,482$31,883$30,366$28,926$27,560$22,756
6 years$27,622$26,035$24,540$23,132$21,807$17,243
7 years$23,438$21,864$20,393$19,018$17,735$13,409
8 years$20,301$18,742$17,295$15,954$14,713$10,622
9 years$17,862$16,318$14,896$13,589$12,390$8,530
10 years$15,913$14,383$12,987$11,714$10,557$6,922
11 years$14,319$12,805$11,433$10,195$9,080$5,662
12 years$12,991$11,493$10,147$8,942$7,868$4,661
13 years$11,869$10,386$9,065$7,895$6,861$3,856
14 years$10,908$9,441$8,145$7,008$6,014$3,204
15 years$10,076$8,624$7,354$6,250$5,296$2,670
16 years$9,348$7,913$6,668$5,596$4,680$2,232
17 years$8,707$7,287$6,067$5,028$4,150$1,870
18 years$8,137$6,734$5,539$4,531$3,690$1,569
19 years$7,629$6,241$5,070$4,094$3,289$1,319
20 years$7,171$5,799$4,653$3,708$2,938$1,110
21 years$6,758$5,402$4,280$3,365$2,629$936
22 years$6,383$5,042$3,945$3,060$2,356$789
23 years$6,041$4,716$3,642$2,787$2,115$666
24 years$5,728$4,419$3,369$2,542$1,901$562
25 years$5,440$4,147$3,120$2,321$1,711$475
26 years$5,175$3,897$2,894$2,122$1,541$402
27 years$4,930$3,668$2,687$1,943$1,389$340
28 years$4,703$3,456$2,498$1,780$1,254$287
29 years$4,492$3,260$2,324$1,632$1,132$243
30 years$4,295$3,079$2,165$1,498$1,023$206
31 years$4,111$2,911$2,019$1,376$925$174
32 years$3,940$2,754$1,883$1,264$837$148
33 years$3,779$2,608$1,758$1,163$757$125
34 years$3,627$2,472$1,643$1,070$685$106
35 years$3,485$2,345$1,536$985$621$90
36 years$3,351$2,225$1,437$907$562$76
37 years$3,225$2,114$1,345$836$510$64
38 years$3,105$2,009$1,260$770$462$54
39 years$2,992$1,910$1,180$710$419$46
40 years$2,885$1,817$1,106$655$380$39
41 years$2,783$1,730$1,037$604$345$33
42 years$2,686$1,647$973$558$313$28
43 years$2,594$1,570$913$515$284$24
44 years$2,507$1,496$857$475$258$20
45 years$2,424$1,427$805$439$234$17
46 years$2,344$1,361$756$406$212$14
47 years$2,268$1,299$710$375$193$12
48 years$2,196$1,240$667$346$175$10
49 years$2,126$1,184$627$320$159$9
50 years$2,060$1,131$590$296$145$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,110,000, adding $5,329 every year, while hoping to spend $36,629 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: 66/13/21 Blend
29$2,110,000$2,110,000$2,110,000$2,110,000
30$2,330,717$2,218,887$2,186,182$2,471,801
31$2,529,477$2,288,639$2,220,446$2,636,902
32$2,747,283$2,360,582$2,254,630$2,812,645
33$2,986,039$2,434,784$2,288,693$3,003,911
34$3,247,842$2,511,315$2,322,592$3,212,225
35$3,535,001$2,590,249$2,356,278$3,439,266
36$3,850,061$2,671,661$2,389,703$3,686,884
37$4,195,823$2,755,628$2,422,814$3,957,116
38$4,575,375$2,842,231$2,455,556$4,252,207
39$4,992,115$2,931,553$2,487,869$4,574,628
40$5,449,789$3,023,678$2,519,691$4,927,100
41$5,952,524$3,118,694$2,550,957$5,312,623
42$6,504,863$3,216,691$2,581,596$5,734,499
43$7,111,814$3,317,764$2,611,534$6,196,367
44$7,778,893$3,422,008$2,640,694$6,702,235
45$8,512,176$3,529,523$2,668,994$7,256,519
46$9,318,360$3,640,411$2,696,347$7,864,084
47$10,204,819$3,754,778$2,722,661$8,530,288
48$11,179,681$3,872,732$2,747,840$9,261,038
49$12,251,898$3,994,387$2,771,783$10,062,837
50$13,431,337$4,119,856$2,794,382$10,942,855
51$14,728,865$4,249,261$2,815,526$11,908,987
52$16,156,458$4,382,724$2,835,095$12,969,936
53$17,727,311$4,520,371$2,852,965$14,135,288
54$19,455,962$4,662,335$2,869,005$15,415,608
55$21,358,430$4,808,749$2,883,076$16,822,534
56$23,452,366$4,959,754$2,895,035$18,368,892
57$25,757,218$5,115,492$2,904,729$20,068,813
58$28,294,414$5,276,112$2,911,998$21,937,871
59$31,087,569$5,441,766$2,916,674$23,993,222
60$34,162,700$5,612,611$2,918,582$26,253,774
61$37,548,476$5,788,810$2,917,535$28,740,362
62$41,276,489$5,970,530$2,913,341$31,475,942
63$45,381,548$6,157,943$2,905,795$34,485,813
64$49,902,011$6,351,227$2,894,685$37,797,850
65$54,880,145$6,550,567$2,879,786$41,442,773
66$60,362,525$6,756,150$2,860,863$45,454,431
67$66,400,473$6,968,171$2,837,672$49,870,124
68$73,050,542$7,186,832$2,809,955$54,730,958
69$80,375,050$7,412,340$2,777,442$60,082,228
70$88,442,669$7,644,908$2,739,850$65,973,847
71$97,329,070$7,884,758$2,696,884$72,460,820
72$107,117,639$8,132,115$2,648,233$79,603,758
73$117,900,264$8,387,214$2,593,575$87,469,455
74$129,778,201$8,650,297$2,532,569$96,131,517
75$142,863,028$8,921,613$2,464,861$105,671,053
76$157,277,702$9,201,417$2,390,079$116,177,449
77$173,157,717$9,489,976$2,307,836$127,749,202
78$190,652,380$9,787,560$2,217,725$140,494,858
79$209,926,225$10,094,453$2,119,321$154,534,030
80$231,160,562$10,410,944$2,012,180$169,998,534
81$254,555,191$10,737,331$1,895,839$187,033,628
82$280,330,283$11,073,923$1,769,813$205,799,384
83$308,728,464$11,421,037$1,633,594$226,472,203
84$340,017,102$11,779,002$1,486,653$249,246,476
85$374,490,828$12,148,155$1,328,437$274,336,422
86$412,474,321$12,528,843$1,158,369$301,978,109
87$454,325,371$12,921,426$975,844$332,431,683
88$500,438,257$13,326,274$780,233$365,983,825
89$551,247,466$13,743,768$570,877$402,950,455
90$607,231,796$14,174,301$347,090$443,679,719
91$668,918,876$14,618,279$108,154$488,555,271
92$736,890,145$15,076,118$0$537,999,900
93$811,786,342$15,548,251$0$592,512,418
94$894,313,554$16,035,120$0$652,601,359
95$985,249,879$16,537,183$0$718,808,452
96$1,085,452,774$17,054,912$0$791,757,407
97$1,195,867,147$17,588,793$0$872,135,538
98$1,317,534,280$18,139,328$0$960,700,257
99$1,451,601,654$18,707,032$0$1,058,286,220
100$1,599,333,784$19,292,438$0$1,165,813,206