Can I retire at age 30 with 2,130,000?

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 $2,130,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$175,893$174,327$172,798$171,306$169,849$166,352
2 years$87,076$85,454$83,883$82,359$80,881$77,373
3 years$57,474$55,845$54,278$52,768$51,314$47,905
4 years$42,676$41,052$39,500$38,016$36,598$33,315
5 years$33,799$32,185$30,654$29,200$27,821$24,673
6 years$27,884$26,282$24,773$23,352$22,014$19,004
7 years$23,660$22,071$20,586$19,199$17,903$15,032
8 years$20,493$18,919$17,459$16,105$14,852$12,119
9 years$18,032$16,473$15,037$13,718$12,508$9,910
10 years$16,064$14,520$13,110$11,825$10,657$8,193
11 years$14,455$12,926$11,542$10,291$9,166$6,832
12 years$13,115$11,602$10,243$9,027$7,943$5,736
13 years$11,982$10,485$9,151$7,969$6,926$4,843
14 years$11,011$9,530$8,223$7,074$6,071$4,107
15 years$10,171$8,706$7,424$6,309$5,346$3,496
16 years$9,437$7,988$6,731$5,649$4,725$2,986
17 years$8,789$7,356$6,125$5,076$4,189$2,556
18 years$8,215$6,798$5,591$4,574$3,725$2,194
19 years$7,701$6,300$5,118$4,133$3,320$1,886
20 years$7,239$5,854$4,697$3,743$2,966$1,624
21 years$6,822$5,453$4,321$3,397$2,654$1,400
22 years$6,443$5,090$3,982$3,089$2,379$1,209
23 years$6,098$4,761$3,677$2,813$2,135$1,044
24 years$5,782$4,460$3,400$2,566$1,919$903
25 years$5,491$4,186$3,150$2,343$1,727$782
26 years$5,224$3,934$2,921$2,143$1,556$677
27 years$4,977$3,702$2,712$1,961$1,403$587
28 years$4,747$3,489$2,522$1,797$1,266$509
29 years$4,534$3,291$2,347$1,648$1,143$441
30 years$4,336$3,108$2,186$1,512$1,033$383
31 years$4,150$2,938$2,038$1,389$934$332
32 years$3,977$2,780$1,901$1,276$844$288
33 years$3,815$2,633$1,775$1,174$764$250
34 years$3,662$2,495$1,659$1,080$692$217
35 years$3,518$2,367$1,551$994$627$189
36 years$3,383$2,247$1,451$916$568$164
37 years$3,255$2,134$1,358$844$515$142
38 years$3,135$2,028$1,271$778$467$124
39 years$3,020$1,928$1,191$717$423$108
40 years$2,912$1,835$1,117$661$384$94
41 years$2,809$1,746$1,047$610$348$81
42 years$2,712$1,663$982$563$316$71
43 years$2,619$1,585$922$520$287$61
44 years$2,531$1,510$865$480$260$53
45 years$2,447$1,440$812$443$236$46
46 years$2,366$1,374$763$409$215$40
47 years$2,290$1,311$717$378$195$35
48 years$2,217$1,252$674$350$177$30
49 years$2,147$1,195$633$323$161$27
50 years$2,080$1,142$595$299$146$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,130,000, adding $5,516 every year, while hoping to spend $39,224 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: 47/41/12 Blend
29$2,130,000$2,130,000$2,130,000$2,130,000
30$2,352,950$2,240,060$2,207,045$2,455,422
31$2,551,217$2,308,089$2,239,247$2,594,781
32$2,768,392$2,378,136$2,271,213$2,741,451
33$3,006,363$2,450,260$2,302,894$2,899,753
34$3,267,209$2,524,520$2,334,237$3,070,781
35$3,553,218$2,600,975$2,365,188$3,255,742
36$3,866,912$2,679,688$2,395,687$3,455,960
37$4,211,067$2,760,723$2,425,673$3,672,893
38$4,588,743$2,844,146$2,455,080$3,908,147
39$5,003,308$2,930,022$2,483,839$4,163,486
40$5,458,474$3,018,422$2,511,876$4,440,853
41$5,958,329$3,109,415$2,539,115$4,742,387
42$6,507,377$3,203,075$2,565,473$5,070,441
43$7,110,579$3,299,475$2,590,866$5,427,606
44$7,773,399$3,398,690$2,615,201$5,816,735
45$8,501,860$3,500,801$2,638,385$6,240,967
46$9,302,595$3,605,885$2,660,315$6,703,761
47$10,182,911$3,714,024$2,680,887$7,208,924
48$11,150,860$3,825,304$2,699,989$7,760,649
49$12,215,313$3,939,809$2,717,504$8,363,551
50$13,386,042$4,057,627$2,733,308$9,022,717
51$14,673,816$4,178,848$2,747,271$9,743,745
52$16,090,498$4,303,565$2,759,258$10,532,803
53$17,649,161$4,431,871$2,769,125$11,396,686
54$19,364,206$4,563,864$2,776,721$12,342,874
55$21,251,503$4,699,641$2,781,889$13,379,612
56$23,328,537$4,839,304$2,784,463$14,515,977
57$25,614,574$4,982,956$2,784,269$15,761,972
58$28,130,842$5,130,702$2,781,123$17,128,614
59$30,900,732$5,282,651$2,774,836$18,628,042
60$33,950,019$5,438,913$2,765,204$20,273,627
61$37,307,101$5,599,600$2,752,019$22,080,101
62$41,003,272$5,764,827$2,735,058$24,063,695
63$45,073,014$5,934,712$2,714,091$26,242,291
64$49,554,323$6,109,374$2,688,875$28,635,589
65$54,489,068$6,288,937$2,659,156$31,265,297
66$59,923,383$6,473,525$2,624,667$34,155,330
67$65,908,105$6,663,265$2,585,131$37,332,039
68$72,499,254$6,858,288$2,540,255$40,824,460
69$79,758,559$7,058,724$2,489,735$44,664,583
70$87,754,041$7,264,711$2,433,250$48,887,658
71$96,560,655$7,476,384$2,370,466$53,532,525
72$106,260,999$7,693,883$2,301,033$58,641,982
73$116,946,089$7,917,352$2,224,586$64,263,186
74$128,716,222$8,146,934$2,140,742$70,448,100
75$141,681,920$8,382,777$2,049,100$77,253,982
76$155,964,973$8,625,031$1,949,242$84,743,924
77$171,699,590$8,873,848$1,840,732$92,987,450
78$189,033,664$9,129,381$1,723,111$102,061,169
79$208,130,165$9,391,788$1,595,903$112,049,500
80$229,168,683$9,661,228$1,458,608$123,045,466
81$252,347,122$9,937,861$1,310,704$135,151,574
82$277,883,564$10,221,851$1,151,648$148,480,780
83$306,018,329$10,513,364$980,870$163,157,558
84$337,016,245$10,812,565$797,776$179,319,070
85$371,169,147$11,119,625$601,745$197,116,465
86$408,798,627$11,434,714$392,131$216,716,304
87$450,259,076$11,758,005$168,257$238,302,130
88$495,941,026$12,089,671$0$262,076,203
89$546,274,834$12,429,888$0$288,270,452
90$601,734,746$12,778,831$0$317,145,023
91$662,843,375$13,136,679$0$348,949,108
92$730,176,633$13,503,610$0$383,981,070
93$804,369,165$13,879,803$0$422,569,693
94$886,120,342$14,265,435$0$465,077,287
95$976,200,864$14,660,688$0$511,903,105
96$1,075,460,030$15,065,740$0$563,487,109
97$1,184,833,762$15,480,770$0$620,314,127
98$1,305,353,434$15,905,956$0$682,918,425
99$1,438,155,611$16,341,475$0$751,888,751
100$1,584,492,779$16,787,502$0$827,873,893