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%14.7%
1 years$177,545$175,964$174,421$172,915$171,444$168,120
2 years$87,894$86,257$84,670$83,132$81,640$78,305
3 years$58,014$56,370$54,787$53,263$51,796$48,553
4 years$43,077$41,438$39,871$38,373$36,941$33,816
5 years$34,117$32,488$30,942$29,474$28,082$25,083
6 years$28,145$26,529$25,005$23,571$22,220$19,351
7 years$23,882$22,279$20,780$19,379$18,071$15,333
8 years$20,686$19,097$17,623$16,257$14,992$12,383
9 years$18,201$16,627$15,178$13,847$12,625$10,145
10 years$16,215$14,656$13,233$11,936$10,757$8,402
11 years$14,590$13,048$11,650$10,388$9,252$7,020
12 years$13,238$11,711$10,339$9,112$8,017$5,905
13 years$12,094$10,583$9,237$8,044$6,991$4,995
14 years$11,115$9,620$8,300$7,141$6,128$4,245
15 years$10,267$8,788$7,494$6,368$5,396$3,621
16 years$9,525$8,063$6,794$5,702$4,769$3,099
17 years$8,872$7,425$6,182$5,123$4,229$2,659
18 years$8,292$6,861$5,644$4,617$3,760$2,287
19 years$7,773$6,359$5,166$4,172$3,351$1,970
20 years$7,307$5,909$4,742$3,779$2,993$1,700
21 years$6,886$5,504$4,361$3,429$2,679$1,470
22 years$6,504$5,138$4,020$3,118$2,401$1,272
23 years$6,155$4,805$3,711$2,840$2,155$1,101
24 years$5,836$4,502$3,432$2,590$1,937$955
25 years$5,543$4,225$3,179$2,365$1,743$828
26 years$5,273$3,971$2,948$2,163$1,570$719
27 years$5,023$3,737$2,738$1,980$1,416$625
28 years$4,792$3,522$2,545$1,814$1,277$543
29 years$4,577$3,322$2,369$1,663$1,153$472
30 years$4,376$3,137$2,206$1,526$1,042$410
31 years$4,189$2,966$2,057$1,402$942$357
32 years$4,014$2,806$1,919$1,288$852$311
33 years$3,850$2,658$1,792$1,185$771$270
34 years$3,696$2,519$1,674$1,090$698$235
35 years$3,551$2,389$1,565$1,003$633$205
36 years$3,415$2,268$1,464$924$573$179
37 years$3,286$2,154$1,370$852$519$156
38 years$3,164$2,047$1,283$785$471$135
39 years$3,049$1,946$1,202$724$427$118
40 years$2,939$1,852$1,127$667$387$103
41 years$2,836$1,763$1,057$616$351$90
42 years$2,737$1,679$991$568$319$78
43 years$2,644$1,599$930$525$289$68
44 years$2,555$1,525$873$484$263$59
45 years$2,470$1,454$820$447$238$52
46 years$2,389$1,387$770$413$217$45
47 years$2,311$1,324$723$382$197$39
48 years$2,237$1,264$680$353$179$34
49 years$2,167$1,207$639$326$162$30
50 years$2,099$1,153$601$301$147$26

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 $2,053 every year, while hoping to spend $42,895 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: 56/24/20 Blend
29$2,150,000$2,150,000$2,150,000$2,150,000
30$2,371,418$2,257,468$2,224,143$2,491,360
31$2,567,662$2,322,444$2,253,012$2,638,401
32$2,782,486$2,389,166$2,281,410$2,793,750
33$3,017,739$2,457,674$2,309,276$2,962,049
34$3,275,459$2,528,010$2,336,547$3,144,553
35$3,557,887$2,600,215$2,363,153$3,342,642
36$3,867,496$2,674,330$2,389,023$3,557,838
37$4,207,006$2,750,397$2,414,081$3,791,813
38$4,579,415$2,828,461$2,438,247$4,046,413
39$4,988,023$2,908,563$2,461,436$4,323,668
40$5,436,466$2,990,748$2,483,559$4,625,815
41$5,928,751$3,075,059$2,504,523$4,955,316
42$6,469,287$3,161,541$2,524,229$5,314,886
43$7,062,937$3,250,238$2,542,572$5,707,514
44$7,715,052$3,341,196$2,559,445$6,136,492
45$8,431,532$3,434,460$2,574,731$6,605,449
46$9,218,874$3,530,073$2,588,309$7,118,379
47$10,084,235$3,628,083$2,600,054$7,679,686
48$11,035,501$3,728,534$2,609,830$8,294,220
49$12,081,361$3,831,471$2,617,498$8,967,326
50$13,231,387$3,936,939$2,622,911$9,704,891
51$14,496,123$4,044,984$2,625,913$10,513,403
52$15,887,189$4,155,649$2,626,343$11,400,010
53$17,417,386$4,268,980$2,624,029$12,372,587
54$19,100,819$4,385,020$2,618,794$13,439,815
55$20,953,029$4,503,812$2,610,449$14,611,254
56$22,991,137$4,625,398$2,598,799$15,897,443
57$25,234,011$4,749,820$2,583,636$17,309,991
58$27,702,438$4,877,120$2,564,746$18,861,694
59$30,419,323$5,007,335$2,541,901$20,566,651
60$33,409,904$5,140,504$2,514,865$22,440,396
61$36,701,991$5,276,666$2,483,390$24,500,049
62$40,326,225$5,415,853$2,447,214$26,764,476
63$44,316,371$5,558,101$2,406,067$29,254,466
64$48,709,633$5,703,440$2,359,663$31,992,928
65$53,547,007$5,851,901$2,307,703$35,005,107
66$58,873,667$6,003,508$2,249,876$38,318,824
67$64,739,389$6,158,289$2,185,855$41,964,734
68$71,199,024$6,316,262$2,115,298$45,976,623
69$78,313,013$6,477,447$2,037,849$50,391,721
70$86,147,956$6,641,858$1,953,133$55,251,056
71$94,777,245$6,809,506$1,860,760$60,599,841
72$104,281,751$6,980,399$1,760,322$66,487,900
73$114,750,588$7,154,537$1,651,392$72,970,142
74$126,281,959$7,331,920$1,533,524$80,107,076
75$138,984,073$7,512,539$1,406,252$87,965,382
76$152,976,176$7,696,381$1,269,089$96,618,547
77$168,389,669$7,883,426$1,121,526$106,147,549
78$185,369,351$8,073,650$963,033$116,641,633
79$204,074,784$8,267,018$793,054$128,199,145
80$224,681,801$8,463,491$611,010$140,928,464
81$247,384,162$8,663,019$416,296$154,949,028
82$272,395,386$8,865,547$208,282$170,392,458
83$299,950,763$9,071,006$0$187,403,805
84$330,309,576$9,279,321$0$206,145,842
85$363,757,549$9,490,404$0$226,839,422
86$400,609,542$9,704,157$0$249,634,332
87$441,212,523$9,920,468$0$274,744,664
88$485,948,844$10,139,214$0$302,406,343
89$535,239,847$10,360,257$0$332,879,353
90$589,549,846$10,583,444$0$366,450,190
91$649,390,504$10,808,606$0$403,434,569
92$715,325,666$11,035,559$0$444,180,401
93$787,976,681$11,264,098$0$489,071,082
94$868,028,265$11,494,001$0$538,529,107
95$956,234,966$11,725,025$0$593,020,059
96$1,053,428,286$11,956,906$0$653,057,007
97$1,160,524,533$12,189,355$0$719,205,349
98$1,278,533,463$12,422,061$0$792,088,146
99$1,408,567,819$12,654,686$0$872,392,008
100$1,551,853,835$12,886,863$0$960,873,574