Can I retire at age 30 with 2,150,000?

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 $2,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$177,545$175,964$174,421$172,915$171,444$166,624
2 years$87,894$86,257$84,670$83,132$81,640$76,821
3 years$58,014$56,370$54,787$53,263$51,796$47,128
4 years$43,077$41,438$39,871$38,373$36,941$32,461
5 years$34,117$32,488$30,942$29,474$28,082$23,802
6 years$28,145$26,529$25,005$23,571$22,220$18,144
7 years$23,882$22,279$20,780$19,379$18,071$14,198
8 years$20,686$19,097$17,623$16,257$14,992$11,320
9 years$18,201$16,627$15,178$13,847$12,625$9,152
10 years$16,215$14,656$13,233$11,936$10,757$7,477
11 years$14,590$13,048$11,650$10,388$9,252$6,160
12 years$13,238$11,711$10,339$9,112$8,017$5,108
13 years$12,094$10,583$9,237$8,044$6,991$4,258
14 years$11,115$9,620$8,300$7,141$6,128$3,564
15 years$10,267$8,788$7,494$6,368$5,396$2,994
16 years$9,525$8,063$6,794$5,702$4,769$2,523
17 years$8,872$7,425$6,182$5,123$4,229$2,130
18 years$8,292$6,861$5,644$4,617$3,760$1,803
19 years$7,773$6,359$5,166$4,172$3,351$1,528
20 years$7,307$5,909$4,742$3,779$2,993$1,297
21 years$6,886$5,504$4,361$3,429$2,679$1,102
22 years$6,504$5,138$4,020$3,118$2,401$937
23 years$6,155$4,805$3,711$2,840$2,155$798
24 years$5,836$4,502$3,432$2,590$1,937$680
25 years$5,543$4,225$3,179$2,365$1,743$580
26 years$5,273$3,971$2,948$2,163$1,570$494
27 years$5,023$3,737$2,738$1,980$1,416$422
28 years$4,792$3,522$2,545$1,814$1,277$360
29 years$4,577$3,322$2,369$1,663$1,153$307
30 years$4,376$3,137$2,206$1,526$1,042$263
31 years$4,189$2,966$2,057$1,402$942$224
32 years$4,014$2,806$1,919$1,288$852$192
33 years$3,850$2,658$1,792$1,185$771$164
34 years$3,696$2,519$1,674$1,090$698$140
35 years$3,551$2,389$1,565$1,003$633$120
36 years$3,415$2,268$1,464$924$573$102
37 years$3,286$2,154$1,370$852$519$87
38 years$3,164$2,047$1,283$785$471$75
39 years$3,049$1,946$1,202$724$427$64
40 years$2,939$1,852$1,127$667$387$55
41 years$2,836$1,763$1,057$616$351$47
42 years$2,737$1,679$991$568$319$40
43 years$2,644$1,599$930$525$289$34
44 years$2,555$1,525$873$484$263$29
45 years$2,470$1,454$820$447$238$25
46 years$2,389$1,387$770$413$217$21
47 years$2,311$1,324$723$382$197$18
48 years$2,237$1,264$680$353$179$16
49 years$2,167$1,207$639$326$162$13
50 years$2,099$1,153$601$301$147$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,150,000, adding $4,131 every year, while hoping to spend $28,587 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: 47/33/20 Blend
29$2,150,000$2,150,000$2,150,000$2,150,000
30$2,373,561$2,259,611$2,226,286$2,471,443
31$2,585,248$2,339,916$2,270,450$2,620,468
32$2,817,569$2,423,197$2,315,136$2,778,930
33$3,072,598$2,509,571$2,360,330$2,950,332
34$3,352,621$2,599,158$2,406,019$3,135,895
35$3,660,155$2,692,083$2,452,187$3,336,964
36$3,997,972$2,788,477$2,498,817$3,555,017
37$4,369,128$2,888,475$2,545,890$3,791,679
38$4,776,988$2,992,219$2,593,386$4,048,738
39$5,225,259$3,099,856$2,641,283$4,328,161
40$5,718,025$3,211,539$2,689,556$4,632,111
41$6,259,788$3,327,428$2,738,180$4,962,969
42$6,855,503$3,447,689$2,787,126$5,323,354
43$7,510,634$3,572,496$2,836,365$5,716,150
44$8,231,198$3,702,027$2,885,862$6,144,529
45$9,023,826$3,836,472$2,935,584$6,611,982
46$9,895,823$3,976,026$2,985,493$7,122,355
47$10,855,238$4,120,892$3,035,548$7,679,877
48$11,910,939$4,271,283$3,085,706$8,289,207
49$13,072,699$4,427,420$3,135,921$8,955,473
50$14,351,284$4,589,533$3,186,144$9,684,321
51$15,758,557$4,757,862$3,236,322$10,481,969
52$17,307,591$4,932,658$3,286,400$11,355,262
53$19,012,788$5,114,182$3,336,317$12,311,738
54$20,890,020$5,302,704$3,386,011$13,359,698
55$22,956,774$5,498,509$3,435,415$14,508,284
56$25,232,320$5,701,891$3,484,456$15,767,565
57$27,737,892$5,913,159$3,533,061$17,148,629
58$30,496,886$6,132,632$3,581,147$18,663,689
59$33,535,084$6,360,647$3,628,631$20,326,197
60$36,880,895$6,597,551$3,675,422$22,150,969
61$40,565,623$6,843,708$3,721,426$24,154,325
62$44,623,764$7,099,497$3,766,541$26,354,242
63$49,093,329$7,365,314$3,810,662$28,770,524
64$54,016,206$7,641,571$3,853,676$31,424,985
65$59,438,550$7,928,699$3,895,465$34,341,655
66$65,411,222$8,227,145$3,935,903$37,547,008
67$71,990,270$8,537,379$3,974,859$41,070,206
68$79,237,455$8,859,888$4,012,195$44,943,381
69$87,220,834$9,195,181$4,047,762$49,201,926
70$96,015,405$9,543,790$4,081,407$53,884,839
71$105,703,810$9,906,270$4,112,968$59,035,082
72$116,377,119$10,283,198$4,142,274$64,699,989
73$128,135,689$10,675,179$4,169,144$70,931,711
74$141,090,109$11,082,842$4,193,389$77,787,705
75$155,362,243$11,506,844$4,214,811$85,331,277
76$171,086,385$11,947,873$4,233,201$93,632,176
77$188,410,521$12,406,643$4,248,338$102,767,254
78$207,497,729$12,883,904$4,259,991$112,821,187
79$228,527,716$13,380,433$4,267,920$123,887,273
80$251,698,516$13,897,047$4,271,868$136,068,310
81$277,228,358$14,434,596$4,271,569$149,477,568
82$305,357,727$14,993,968$4,266,743$164,239,853
83$336,351,632$15,576,089$4,257,095$180,492,685
84$370,502,108$16,181,928$4,242,318$198,387,592
85$408,130,976$16,812,494$4,222,088$218,091,540
86$449,592,874$17,468,845$4,196,067$239,788,508
87$495,278,611$18,152,082$4,163,899$263,681,219
88$545,618,851$18,863,357$4,125,212$289,993,054
89$601,088,184$19,603,871$4,079,616$318,970,157
90$662,209,599$20,374,881$4,026,703$350,883,756
91$729,559,427$21,177,699$3,966,047$386,032,722
92$803,772,777$22,013,694$3,897,198$424,746,387
93$885,549,535$22,884,300$3,819,689$467,387,647
94$975,660,968$23,791,012$3,733,029$514,356,391
95$1,074,957,007$24,735,392$3,636,706$566,093,266
96$1,184,374,269$25,719,072$3,530,182$623,083,839
97$1,304,944,898$26,743,761$3,412,897$685,863,173
98$1,437,806,312$27,811,239$3,284,263$755,020,879
99$1,584,211,936$28,923,370$3,143,666$831,206,675
100$1,745,543,039$30,082,101$2,990,465$915,136,517