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

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 $2,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$177,545$175,964$174,421$172,915$171,444$167,845
2 years$87,894$86,257$84,670$83,132$81,640$78,031
3 years$58,014$56,370$54,787$53,263$51,796$48,290
4 years$43,077$41,438$39,871$38,373$36,941$33,565
5 years$34,117$32,488$30,942$29,474$28,082$24,845
6 years$28,145$26,529$25,005$23,571$22,220$19,126
7 years$23,882$22,279$20,780$19,379$18,071$15,120
8 years$20,686$19,097$17,623$16,257$14,992$12,183
9 years$18,201$16,627$15,178$13,847$12,625$9,957
10 years$16,215$14,656$13,233$11,936$10,757$8,226
11 years$14,590$13,048$11,650$10,388$9,252$6,855
12 years$13,238$11,711$10,339$9,112$8,017$5,752
13 years$12,094$10,583$9,237$8,044$6,991$4,853
14 years$11,115$9,620$8,300$7,141$6,128$4,113
15 years$10,267$8,788$7,494$6,368$5,396$3,499
16 years$9,525$8,063$6,794$5,702$4,769$2,986
17 years$8,872$7,425$6,182$5,123$4,229$2,555
18 years$8,292$6,861$5,644$4,617$3,760$2,190
19 years$7,773$6,359$5,166$4,172$3,351$1,882
20 years$7,307$5,909$4,742$3,779$2,993$1,619
21 years$6,886$5,504$4,361$3,429$2,679$1,395
22 years$6,504$5,138$4,020$3,118$2,401$1,203
23 years$6,155$4,805$3,711$2,840$2,155$1,039
24 years$5,836$4,502$3,432$2,590$1,937$898
25 years$5,543$4,225$3,179$2,365$1,743$776
26 years$5,273$3,971$2,948$2,163$1,570$672
27 years$5,023$3,737$2,738$1,980$1,416$582
28 years$4,792$3,522$2,545$1,814$1,277$504
29 years$4,577$3,322$2,369$1,663$1,153$437
30 years$4,376$3,137$2,206$1,526$1,042$378
31 years$4,189$2,966$2,057$1,402$942$328
32 years$4,014$2,806$1,919$1,288$852$285
33 years$3,850$2,658$1,792$1,185$771$247
34 years$3,696$2,519$1,674$1,090$698$214
35 years$3,551$2,389$1,565$1,003$633$186
36 years$3,415$2,268$1,464$924$573$161
37 years$3,286$2,154$1,370$852$519$140
38 years$3,164$2,047$1,283$785$471$122
39 years$3,049$1,946$1,202$724$427$106
40 years$2,939$1,852$1,127$667$387$92
41 years$2,836$1,763$1,057$616$351$80
42 years$2,737$1,679$991$568$319$69
43 years$2,644$1,599$930$525$289$60
44 years$2,555$1,525$873$484$263$52
45 years$2,470$1,454$820$447$238$45
46 years$2,389$1,387$770$413$217$39
47 years$2,311$1,324$723$382$197$34
48 years$2,237$1,264$680$353$179$30
49 years$2,167$1,207$639$326$162$26
50 years$2,099$1,153$601$301$147$22

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 $2,439 every year, while hoping to spend $57,669 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: 59/16/25 Blend
29$2,150,000$2,150,000$2,150,000$2,150,000
30$2,371,816$2,257,866$2,224,541$2,495,641
31$2,552,382$2,307,142$2,237,704$2,629,592
32$2,749,432$2,356,900$2,249,374$2,769,225
33$2,964,589$2,407,102$2,259,443$2,920,295
34$3,199,634$2,457,707$2,267,792$3,083,925
35$3,456,533$2,508,671$2,274,299$3,261,353
36$3,737,448$2,559,945$2,278,836$3,453,943
37$4,044,759$2,611,473$2,281,268$3,663,200
38$4,381,087$2,663,198$2,281,454$3,890,781
39$4,749,320$2,715,057$2,279,244$4,138,515
40$5,152,635$2,766,979$2,274,483$4,408,416
41$5,594,533$2,818,890$2,267,008$4,702,706
42$6,078,869$2,870,709$2,256,646$5,023,833
43$6,609,889$2,922,349$2,243,219$5,374,497
44$7,192,268$2,973,715$2,226,538$5,757,674
45$7,831,157$3,024,705$2,206,405$6,176,645
46$8,532,230$3,075,210$2,182,614$6,635,026
47$9,301,734$3,125,112$2,154,948$7,136,804
48$10,146,553$3,174,285$2,123,181$7,686,377
49$11,074,269$3,222,592$2,087,075$8,288,588
50$12,093,234$3,269,889$2,046,381$8,948,781
51$13,212,649$3,316,018$2,000,840$9,672,844
52$14,442,650$3,360,815$1,950,180$10,467,270
53$15,794,405$3,404,099$1,894,115$11,339,216
54$17,280,214$3,445,680$1,832,348$12,296,572
55$18,913,632$3,485,354$1,764,567$13,348,034
56$20,709,589$3,522,903$1,690,447$14,503,192
57$22,684,537$3,558,095$1,609,647$15,772,615
58$24,856,601$3,590,683$1,521,812$17,167,953
59$27,245,751$3,620,402$1,426,568$18,702,051
60$29,873,987$3,646,972$1,323,528$20,389,066
61$32,765,552$3,670,092$1,212,285$22,244,605
62$35,947,156$3,689,444$1,092,414$24,285,871
63$39,448,229$3,704,690$963,472$26,531,828
64$43,301,196$3,715,467$824,997$29,003,379
65$47,541,787$3,721,395$676,503$31,723,565
66$52,209,371$3,722,064$517,488$34,717,785
67$57,347,325$3,717,044$347,422$38,014,034
68$63,003,448$3,705,874$165,756$41,643,170
69$69,230,405$3,688,068$0$45,639,207
70$76,086,232$3,663,109$0$50,047,134
71$83,634,874$3,630,448$0$54,948,449
72$91,946,795$3,589,504$0$60,344,606
73$101,099,638$3,539,660$0$66,285,981
74$111,178,961$3,480,263$0$72,828,092
75$122,279,041$3,410,621$0$80,032,118
76$134,503,763$3,330,001$0$87,965,480
77$147,967,603$3,237,627$0$96,702,476
78$162,796,705$3,132,678$0$106,324,981
79$179,130,072$3,014,282$0$116,923,227
80$197,120,878$2,881,520$0$128,596,648
81$216,937,911$2,733,419$0$141,454,822
82$238,767,169$2,568,947$0$155,618,506
83$262,813,612$2,387,017$0$171,220,776
84$289,303,096$2,186,476$0$188,408,285
85$318,484,505$1,966,107$0$207,342,647
86$350,632,102$1,724,624$0$228,201,964
87$386,048,113$1,460,667$0$251,182,507
88$425,065,579$1,172,799$0$276,500,570
89$468,051,506$859,503$0$304,394,515
90$515,410,317$519,177$0$335,127,022
91$567,587,680$150,127$0$368,987,566
92$625,074,709$0$0$406,295,159
93$688,412,596$0$0$447,445,270
94$758,197,726$0$0$492,813,541
95$835,087,301$0$0$542,800,834
96$919,805,545$0$0$597,878,021
97$1,013,150,539$0$0$658,563,993
98$1,116,001,755$0$0$725,430,561
99$1,229,328,355$0$0$799,107,849
100$1,354,198,343$0$0$880,290,246