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%16.6%
1 years$174,242$172,690$171,176$169,698$168,254$163,722
2 years$86,258$84,652$83,095$81,585$80,121$75,587
3 years$56,934$55,321$53,768$52,273$50,832$46,439
4 years$42,275$40,667$39,129$37,659$36,254$32,035
5 years$33,482$31,883$30,366$28,926$27,560$23,526
6 years$27,622$26,035$24,540$23,132$21,807$17,963
7 years$23,438$21,864$20,393$19,018$17,735$14,081
8 years$20,301$18,742$17,295$15,954$14,713$11,247
9 years$17,862$16,318$14,896$13,589$12,390$9,109
10 years$15,913$14,383$12,987$11,714$10,557$7,456
11 years$14,319$12,805$11,433$10,195$9,080$6,154
12 years$12,991$11,493$10,147$8,942$7,868$5,113
13 years$11,869$10,386$9,065$7,895$6,861$4,271
14 years$10,908$9,441$8,145$7,008$6,014$3,583
15 years$10,076$8,624$7,354$6,250$5,296$3,016
16 years$9,348$7,913$6,668$5,596$4,680$2,546
17 years$8,707$7,287$6,067$5,028$4,150$2,155
18 years$8,137$6,734$5,539$4,531$3,690$1,828
19 years$7,629$6,241$5,070$4,094$3,289$1,553
20 years$7,171$5,799$4,653$3,708$2,938$1,321
21 years$6,758$5,402$4,280$3,365$2,629$1,125
22 years$6,383$5,042$3,945$3,060$2,356$959
23 years$6,041$4,716$3,642$2,787$2,115$819
24 years$5,728$4,419$3,369$2,542$1,901$699
25 years$5,440$4,147$3,120$2,321$1,711$597
26 years$5,175$3,897$2,894$2,122$1,541$511
27 years$4,930$3,668$2,687$1,943$1,389$437
28 years$4,703$3,456$2,498$1,780$1,254$374
29 years$4,492$3,260$2,324$1,632$1,132$320
30 years$4,295$3,079$2,165$1,498$1,023$274
31 years$4,111$2,911$2,019$1,376$925$235
32 years$3,940$2,754$1,883$1,264$837$201
33 years$3,779$2,608$1,758$1,163$757$172
34 years$3,627$2,472$1,643$1,070$685$148
35 years$3,485$2,345$1,536$985$621$126
36 years$3,351$2,225$1,437$907$562$108
37 years$3,225$2,114$1,345$836$510$93
38 years$3,105$2,009$1,260$770$462$80
39 years$2,992$1,910$1,180$710$419$68
40 years$2,885$1,817$1,106$655$380$59
41 years$2,783$1,730$1,037$604$345$50
42 years$2,686$1,647$973$558$313$43
43 years$2,594$1,570$913$515$284$37
44 years$2,507$1,496$857$475$258$32
45 years$2,424$1,427$805$439$234$27
46 years$2,344$1,361$756$406$212$23
47 years$2,268$1,299$710$375$193$20
48 years$2,196$1,240$667$346$175$17
49 years$2,126$1,184$627$320$159$15
50 years$2,060$1,131$590$296$145$13

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 $5,273 every year, while hoping to spend $33,987 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: 70/5/25 Blend
29$2,110,000$2,110,000$2,110,000$2,110,000
30$2,330,659$2,218,829$2,186,124$2,478,641
31$2,532,224$2,291,390$2,223,197$2,650,933
32$2,753,210$2,366,367$2,260,373$2,835,033
33$2,995,562$2,443,843$2,297,620$3,035,767
34$3,261,421$2,523,903$2,334,902$3,254,783
35$3,553,148$2,606,636$2,372,183$3,493,895
36$3,873,341$2,692,134$2,409,424$3,755,105
37$4,224,864$2,780,490$2,446,582$4,040,614
38$4,610,870$2,871,805$2,483,612$4,352,849
39$5,034,834$2,966,178$2,520,468$4,694,484
40$5,500,582$3,063,715$2,557,098$5,068,462
41$6,012,330$3,164,526$2,593,450$5,478,028
42$6,574,724$3,268,724$2,629,467$5,926,757
43$7,192,879$3,376,425$2,665,087$6,418,586
44$7,872,433$3,487,751$2,700,248$6,957,854
45$8,619,598$3,602,826$2,734,883$7,549,341
46$9,441,214$3,721,782$2,768,919$8,198,314
47$10,344,822$3,844,754$2,802,282$8,910,576
48$11,338,727$3,971,879$2,834,891$9,692,521
49$12,432,079$4,103,304$2,866,662$10,551,195
50$13,634,964$4,239,178$2,897,508$11,494,360
51$14,958,489$4,379,657$2,927,333$12,530,570
52$16,414,895$4,524,901$2,956,039$13,669,251
53$18,017,670$4,675,076$2,983,522$14,920,789
54$19,781,675$4,830,357$3,009,673$16,296,628
55$21,723,283$4,990,922$3,034,374$17,809,380
56$23,860,538$5,156,957$3,057,505$19,472,941
57$26,213,319$5,328,654$3,078,938$21,302,623
58$28,803,532$5,506,213$3,098,537$23,315,300
59$31,655,316$5,689,841$3,116,162$25,529,567
60$34,795,267$5,879,752$3,131,662$27,965,914
61$38,252,693$6,076,169$3,144,881$30,646,920
62$42,059,888$6,279,321$3,155,655$33,597,467
63$46,252,438$6,489,449$3,163,811$36,844,974
64$50,869,555$6,706,800$3,169,166$40,419,654
65$55,954,447$6,931,632$3,171,532$44,354,804
66$61,554,729$7,164,210$3,170,706$48,687,116
67$67,722,867$7,404,812$3,166,481$53,457,023
68$74,516,676$7,653,724$3,158,634$58,709,081
69$81,999,865$7,911,245$3,146,937$64,492,393
70$90,242,638$8,177,682$3,131,145$70,861,067
71$99,322,355$8,453,357$3,111,007$77,874,730
72$109,324,265$8,738,601$3,086,255$85,599,093
73$120,342,307$9,033,760$3,056,612$94,106,567
74$132,479,999$9,339,190$3,021,785$103,476,949
75$145,851,413$9,655,265$2,981,469$113,798,174
76$160,582,252$9,982,368$2,935,343$125,167,149
77$176,811,038$10,320,900$2,883,074$137,690,664
78$194,690,416$10,671,276$2,824,309$151,486,400
79$214,388,598$11,033,928$2,758,682$166,684,044
80$236,090,946$11,409,301$2,685,809$183,426,510
81$260,001,727$11,797,862$2,605,288$201,871,290
82$286,346,037$12,200,091$2,516,699$222,191,940
83$315,371,926$12,616,489$2,419,602$244,579,720
84$347,352,743$13,047,577$2,313,539$269,245,398
85$382,589,708$13,493,894$2,198,028$296,421,242
86$421,414,764$13,956,000$2,072,568$326,363,211
87$464,193,704$14,434,478$1,936,633$359,353,375
88$511,329,627$14,929,933$1,789,675$395,702,574
89$563,266,741$15,442,992$1,631,121$435,753,357
90$620,494,558$15,974,308$1,460,373$479,883,211
91$683,552,512$16,524,558$1,276,805$528,508,132
92$753,035,055$17,094,448$1,079,764$582,086,548
93$829,597,262$17,684,708$868,568$641,123,647
94$913,961,022$18,296,098$642,505$706,176,151
95$1,006,921,849$18,929,409$400,831$777,857,568
96$1,109,356,389$19,585,462$142,771$856,843,988
97$1,222,230,700$20,265,109$0$943,880,462
98$1,346,609,370$20,969,238$0$1,039,823,422
99$1,483,665,565$21,698,770$0$1,145,585,232
100$1,634,692,106$22,454,663$0$1,262,125,099