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%17.7%
1 years$175,893$174,327$172,798$171,306$169,849$164,544
2 years$87,076$85,454$83,883$82,359$80,881$75,583
3 years$57,474$55,845$54,278$52,768$51,314$46,190
4 years$42,676$41,052$39,500$38,016$36,598$31,687
5 years$33,799$32,185$30,654$29,200$27,821$23,136
6 years$27,884$26,282$24,773$23,352$22,014$17,559
7 years$23,660$22,071$20,586$19,199$17,903$13,678
8 years$20,493$18,919$17,459$16,105$14,852$10,855
9 years$18,032$16,473$15,037$13,718$12,508$8,733
10 years$16,064$14,520$13,110$11,825$10,657$7,100
11 years$14,455$12,926$11,542$10,291$9,166$5,819
12 years$13,115$11,602$10,243$9,027$7,943$4,799
13 years$11,982$10,485$9,151$7,969$6,926$3,979
14 years$11,011$9,530$8,223$7,074$6,071$3,313
15 years$10,171$8,706$7,424$6,309$5,346$2,767
16 years$9,437$7,988$6,731$5,649$4,725$2,318
17 years$8,789$7,356$6,125$5,076$4,189$1,946
18 years$8,215$6,798$5,591$4,574$3,725$1,637
19 years$7,701$6,300$5,118$4,133$3,320$1,379
20 years$7,239$5,854$4,697$3,743$2,966$1,163
21 years$6,822$5,453$4,321$3,397$2,654$983
22 years$6,443$5,090$3,982$3,089$2,379$831
23 years$6,098$4,761$3,677$2,813$2,135$703
24 years$5,782$4,460$3,400$2,566$1,919$595
25 years$5,491$4,186$3,150$2,343$1,727$504
26 years$5,224$3,934$2,921$2,143$1,556$427
27 years$4,977$3,702$2,712$1,961$1,403$362
28 years$4,747$3,489$2,522$1,797$1,266$307
29 years$4,534$3,291$2,347$1,648$1,143$260
30 years$4,336$3,108$2,186$1,512$1,033$221
31 years$4,150$2,938$2,038$1,389$934$187
32 years$3,977$2,780$1,901$1,276$844$159
33 years$3,815$2,633$1,775$1,174$764$135
34 years$3,662$2,495$1,659$1,080$692$115
35 years$3,518$2,367$1,551$994$627$97
36 years$3,383$2,247$1,451$916$568$83
37 years$3,255$2,134$1,358$844$515$70
38 years$3,135$2,028$1,271$778$467$60
39 years$3,020$1,928$1,191$717$423$51
40 years$2,912$1,835$1,117$661$384$43
41 years$2,809$1,746$1,047$610$348$37
42 years$2,712$1,663$982$563$316$31
43 years$2,619$1,585$922$520$287$26
44 years$2,531$1,510$865$480$260$22
45 years$2,447$1,440$812$443$236$19
46 years$2,366$1,374$763$409$215$16
47 years$2,290$1,311$717$378$195$14
48 years$2,217$1,252$674$350$177$12
49 years$2,147$1,195$633$323$161$10
50 years$2,080$1,142$595$299$146$8

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 $6,459 every year, while hoping to spend $46,138 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: 40/34/26 Blend
29$2,130,000$2,130,000$2,130,000$2,130,000
30$2,353,922$2,241,032$2,208,017$2,429,771
31$2,544,932$2,301,753$2,232,896$2,545,999
32$2,753,878$2,363,902$2,257,061$2,666,864
33$2,982,542$2,427,501$2,280,440$2,796,730
34$3,232,884$2,492,571$2,302,958$2,936,449
35$3,507,064$2,559,133$2,324,533$3,086,957
36$3,807,460$2,627,206$2,345,080$3,249,287
37$4,136,690$2,696,808$2,364,509$3,424,576
38$4,497,639$2,767,958$2,382,727$3,614,078
39$4,893,484$2,840,674$2,399,634$3,819,171
40$5,327,723$2,914,970$2,415,125$4,041,376
41$5,804,210$2,990,863$2,429,091$4,282,367
42$6,327,190$3,068,366$2,441,417$4,543,991
43$6,901,339$3,147,492$2,451,980$4,828,279
44$7,531,808$3,228,251$2,460,653$5,137,472
45$8,224,270$3,310,654$2,467,303$5,474,039
46$8,984,976$3,394,706$2,471,789$5,840,700
47$9,820,812$3,480,416$2,473,962$6,240,453
48$10,739,364$3,567,784$2,473,668$6,676,600
49$11,748,987$3,656,815$2,470,745$7,152,784
50$12,858,890$3,747,505$2,465,021$7,673,015
51$14,079,216$3,839,851$2,456,318$8,241,717
52$15,421,139$3,933,847$2,444,448$8,863,762
53$16,896,973$4,029,483$2,429,214$9,544,522
54$18,520,282$4,126,746$2,410,411$10,289,916
55$20,306,013$4,225,619$2,387,822$11,106,469
56$22,270,634$4,326,081$2,361,221$12,001,372
57$24,432,288$4,428,109$2,330,372$12,982,551
58$26,810,967$4,531,672$2,295,025$14,058,741
59$29,428,699$4,636,737$2,254,922$15,239,570
60$32,309,755$4,743,266$2,209,790$16,535,651
61$35,480,877$4,851,213$2,159,345$17,958,679
62$38,971,533$4,960,529$2,103,290$19,521,545
63$42,814,192$5,071,157$2,041,312$21,238,459
64$47,044,629$5,183,034$1,973,086$23,125,081
65$51,702,269$5,296,089$1,898,272$25,198,672
66$56,830,548$5,410,246$1,816,512$27,478,257
67$62,477,334$5,525,418$1,727,435$29,984,804
68$68,695,369$5,641,510$1,630,651$32,741,425
69$75,542,772$5,758,419$1,525,753$35,773,592
70$83,083,585$5,876,032$1,412,316$39,109,381
71$91,388,377$5,994,224$1,289,895$42,779,736
72$100,534,912$6,112,862$1,158,027$46,818,761
73$110,608,878$6,231,797$1,016,226$51,264,046
74$121,704,700$6,350,872$863,986$56,157,022
75$133,926,428$6,469,913$700,778$61,543,350
76$147,388,720$6,588,735$526,050$67,473,356
77$162,217,922$6,707,135$339,226$74,002,508
78$178,553,262$6,824,897$139,702$81,191,940
79$196,548,164$6,941,787$0$89,109,027
80$216,371,694$7,057,551$0$97,848,343
81$238,210,156$7,171,921$0$107,514,096
82$262,268,851$7,284,603$0$118,157,881
83$288,774,011$7,395,287$0$129,879,309
84$317,974,941$7,503,637$0$142,788,152
85$350,146,365$7,609,294$0$157,005,379
86$385,591,019$7,711,875$0$172,664,297
87$424,642,515$7,810,969$0$189,911,815
88$467,668,482$7,906,136$0$208,909,825
89$515,074,038$7,996,909$0$229,836,734
90$567,305,618$8,082,785$0$252,889,151
91$624,855,181$8,163,231$0$278,283,738
92$688,264,857$8,237,677$0$306,259,262
93$758,132,066$8,305,517$0$337,078,846
94$835,115,152$8,366,102$0$371,032,456
95$919,939,601$8,418,745$0$408,439,639
96$1,013,404,890$8,462,713$0$449,652,540
97$1,116,392,029$8,497,226$0$495,059,229
98$1,229,871,880$8,521,455$0$545,087,364
99$1,354,914,325$8,534,518$0$600,208,231
100$1,492,698,357$8,535,481$0$660,941,195