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

Use the below retirement simulation to view the chances of a successful retirement.
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 $5,569 every year, while hoping to spend $21,451 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: 66/22/12 Blend
29$2,130,000$2,130,000$2,130,000$2,130,000
30$2,353,004$2,240,114$2,207,099$2,501,614
31$2,570,187$2,327,056$2,258,214$2,688,325
32$2,808,804$2,417,539$2,310,321$2,889,278
33$3,071,017$2,511,715$2,363,433$3,108,373
34$3,359,212$2,609,739$2,417,558$3,347,380
35$3,676,013$2,711,778$2,472,708$3,608,249
36$4,024,315$2,818,003$2,528,892$3,893,125
37$4,407,303$2,928,594$2,586,118$4,204,368
38$4,828,490$3,043,737$2,644,395$4,544,578
39$5,291,745$3,163,630$2,703,732$4,916,613
40$5,801,331$3,288,475$2,764,134$5,323,624
41$6,361,944$3,418,488$2,825,610$5,769,076
42$6,978,759$3,553,890$2,888,165$6,256,784
43$7,657,478$3,694,917$2,951,804$6,790,952
44$8,404,383$3,841,810$3,016,532$7,376,204
45$9,226,397$3,994,825$3,082,352$8,017,635
46$10,131,146$4,154,228$3,149,268$8,720,855
47$11,127,035$4,320,297$3,217,280$9,492,039
48$12,223,323$4,493,323$3,286,390$10,337,990
49$13,430,215$4,673,609$3,356,597$11,266,200
50$14,758,954$4,861,472$3,427,900$12,284,920
51$16,221,927$5,057,245$3,500,295$13,403,235
52$17,832,788$5,261,273$3,573,778$14,631,155
53$19,606,577$5,473,920$3,648,344$15,979,702
54$21,559,870$5,695,565$3,723,986$17,461,021
55$23,710,932$5,926,602$3,800,695$19,088,484
56$26,079,888$6,167,447$3,878,460$20,876,824
57$28,688,917$6,418,533$3,957,269$22,842,271
58$31,562,457$6,680,311$4,037,107$25,002,701
59$34,727,437$6,953,256$4,117,960$27,377,808
60$38,213,532$7,237,862$4,199,808$29,989,287
61$42,053,441$7,534,645$4,282,630$32,861,038
62$46,283,197$7,844,149$4,366,404$36,019,391
63$50,942,509$8,166,938$4,451,104$39,493,354
64$56,075,131$8,503,603$4,536,701$43,314,883
65$61,729,279$8,854,765$4,623,166$47,519,187
66$67,958,087$9,221,070$4,710,464$52,145,056
67$74,820,105$9,603,195$4,798,557$57,235,225
68$82,379,852$10,001,849$4,887,405$62,836,781
69$90,708,429$10,417,771$4,976,965$69,001,602
70$99,884,185$10,851,738$5,067,189$75,786,845
71$109,993,457$11,304,558$5,158,026$83,255,486
72$121,131,390$11,777,082$5,249,420$91,476,915
73$133,402,828$12,270,195$5,341,311$100,527,585
74$146,923,307$12,784,825$5,433,636$110,491,733
75$161,820,147$13,321,944$5,526,326$121,462,179
76$178,233,651$13,882,568$5,619,306$133,541,192
77$196,318,429$14,467,760$5,712,499$146,841,460
78$216,244,861$15,078,632$5,805,820$161,487,148
79$238,200,700$15,716,348$5,899,178$177,615,073
80$262,392,848$16,382,127$5,992,478$195,375,988
81$289,049,310$17,077,242$6,085,617$214,936,005
82$318,421,341$17,803,029$6,178,487$236,478,164
83$350,785,823$18,560,882$6,270,971$260,204,154
84$386,447,876$19,352,264$6,362,947$286,336,216
85$425,743,737$20,178,703$6,454,284$315,119,241
86$469,043,940$21,041,801$6,544,844$346,823,076
87$516,756,804$21,943,232$6,634,478$381,745,070
88$569,332,298$22,884,750$6,723,033$420,212,879
89$627,266,280$23,868,191$6,810,343$462,587,556
90$691,105,185$24,895,476$6,896,233$509,266,954
91$761,451,177$25,968,617$6,980,520$560,689,482
92$838,967,837$27,089,720$7,063,008$617,338,237
93$924,386,430$28,260,989$7,143,492$679,745,566
94$1,018,512,800$29,484,733$7,221,754$748,498,084
95$1,122,234,988$30,763,366$7,297,564$824,242,207
96$1,236,531,606$32,099,421$7,370,682$907,690,255
97$1,362,481,081$33,495,544$7,440,852$999,627,171
98$1,501,271,836$34,954,510$7,507,804$1,100,917,923
99$1,654,213,504$36,479,222$7,571,257$1,212,515,671
100$1,822,749,299$38,072,721$7,630,911$1,335,470,758