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%18.8%
1 years$177,545$175,964$174,421$172,915$171,444$165,361
2 years$87,894$86,257$84,670$83,132$81,640$75,576
3 years$58,014$56,370$54,787$53,263$51,796$45,942
4 years$43,077$41,438$39,871$38,373$36,941$31,342
5 years$34,117$32,488$30,942$29,474$28,082$22,752
6 years$28,145$26,529$25,005$23,571$22,220$17,164
7 years$23,882$22,279$20,780$19,379$18,071$13,287
8 years$20,686$19,097$17,623$16,257$14,992$10,476
9 years$18,201$16,627$15,178$13,847$12,625$8,371
10 years$16,215$14,656$13,233$11,936$10,757$6,759
11 years$14,590$13,048$11,650$10,388$9,252$5,500
12 years$13,238$11,711$10,339$9,112$8,017$4,503
13 years$12,094$10,583$9,237$8,044$6,991$3,706
14 years$11,115$9,620$8,300$7,141$6,128$3,062
15 years$10,267$8,788$7,494$6,368$5,396$2,538
16 years$9,525$8,063$6,794$5,702$4,769$2,109
17 years$8,872$7,425$6,182$5,123$4,229$1,756
18 years$8,292$6,861$5,644$4,617$3,760$1,465
19 years$7,773$6,359$5,166$4,172$3,351$1,224
20 years$7,307$5,909$4,742$3,779$2,993$1,024
21 years$6,886$5,504$4,361$3,429$2,679$858
22 years$6,504$5,138$4,020$3,118$2,401$719
23 years$6,155$4,805$3,711$2,840$2,155$603
24 years$5,836$4,502$3,432$2,590$1,937$506
25 years$5,543$4,225$3,179$2,365$1,743$425
26 years$5,273$3,971$2,948$2,163$1,570$357
27 years$5,023$3,737$2,738$1,980$1,416$300
28 years$4,792$3,522$2,545$1,814$1,277$252
29 years$4,577$3,322$2,369$1,663$1,153$212
30 years$4,376$3,137$2,206$1,526$1,042$178
31 years$4,189$2,966$2,057$1,402$942$150
32 years$4,014$2,806$1,919$1,288$852$126
33 years$3,850$2,658$1,792$1,185$771$106
34 years$3,696$2,519$1,674$1,090$698$89
35 years$3,551$2,389$1,565$1,003$633$75
36 years$3,415$2,268$1,464$924$573$63
37 years$3,286$2,154$1,370$852$519$53
38 years$3,164$2,047$1,283$785$471$45
39 years$3,049$1,946$1,202$724$427$38
40 years$2,939$1,852$1,127$667$387$32
41 years$2,836$1,763$1,057$616$351$27
42 years$2,737$1,679$991$568$319$22
43 years$2,644$1,599$930$525$289$19
44 years$2,555$1,525$873$484$263$16
45 years$2,470$1,454$820$447$238$13
46 years$2,389$1,387$770$413$217$11
47 years$2,311$1,324$723$382$197$9
48 years$2,237$1,264$680$353$179$8
49 years$2,167$1,207$639$326$162$7
50 years$2,099$1,153$601$301$147$6

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 $4,073 every year, while hoping to spend $32,024 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: 62/9/29 Blend
29$2,150,000$2,150,000$2,150,000$2,150,000
30$2,373,501$2,259,551$2,226,226$2,501,904
31$2,581,525$2,336,196$2,266,732$2,666,371
32$2,809,694$2,415,523$2,307,521$2,842,063
33$3,060,029$2,497,630$2,348,569$3,033,242
34$3,334,756$2,582,618$2,389,850$3,241,431
35$3,636,328$2,670,593$2,431,336$3,468,308
36$3,967,445$2,761,663$2,472,997$3,715,718
37$4,331,082$2,855,942$2,514,801$3,985,697
38$4,730,517$2,953,549$2,556,712$4,280,483
39$5,169,362$3,054,604$2,598,693$4,602,546
40$5,651,593$3,159,236$2,640,705$4,954,601
41$6,181,592$3,267,575$2,682,706$5,339,645
42$6,764,188$3,379,760$2,724,650$5,760,973
43$7,404,699$3,495,932$2,766,490$6,222,221
44$8,108,985$3,616,239$2,808,174$6,727,389
45$8,883,502$3,740,835$2,849,648$7,280,888
46$9,735,362$3,869,880$2,890,854$7,887,574
47$10,672,404$4,003,538$2,931,732$8,552,801
48$11,703,260$4,141,983$2,972,217$9,282,464
49$12,837,446$4,285,393$3,012,239$10,083,060
50$14,085,442$4,433,955$3,051,726$10,961,747
51$15,458,800$4,587,861$3,090,601$11,926,412
52$16,970,244$4,747,313$3,128,783$12,985,743
53$18,633,797$4,912,519$3,166,186$14,149,315
54$20,464,909$5,083,697$3,202,717$15,427,678
55$22,480,603$5,261,072$3,238,282$16,832,456
56$24,699,640$5,444,879$3,272,780$18,376,458
57$27,142,687$5,635,363$3,306,102$20,073,797
58$29,832,522$5,832,776$3,338,137$21,940,024
59$32,794,240$6,037,383$3,368,765$23,992,277
60$36,055,495$6,249,457$3,397,862$26,249,438
61$39,646,760$6,469,285$3,425,294$28,732,314
62$43,601,613$6,697,163$3,450,925$31,463,833
63$47,957,053$6,933,400$3,474,607$34,469,263
64$52,753,853$7,178,317$3,496,186$37,776,442
65$58,036,939$7,432,248$3,515,502$41,416,052
66$63,855,819$7,695,541$3,532,384$45,421,900
67$70,265,048$7,968,557$3,546,653$49,831,239
68$77,324,739$8,251,673$3,558,123$54,685,122
69$85,101,138$8,545,280$3,566,595$60,028,789
70$93,667,241$8,849,786$3,571,863$65,912,091
71$103,103,489$9,165,615$3,573,711$72,389,963
72$113,498,524$9,493,209$3,571,909$79,522,941
73$124,950,024$9,833,027$3,566,218$87,377,737
74$137,565,629$10,185,547$3,556,389$96,027,864
75$151,463,952$10,551,268$3,542,157$105,554,332
76$166,775,703$10,930,709$3,523,248$116,046,413
77$183,644,920$11,324,408$3,499,371$127,602,485
78$202,230,326$11,732,929$3,470,225$140,330,957
79$222,706,833$12,156,856$3,435,491$154,351,295
80$245,267,188$12,596,800$3,394,838$169,795,150
81$270,123,793$13,053,395$3,347,917$186,807,601
82$297,510,712$13,527,303$3,294,363$205,548,521
83$327,685,876$14,019,212$3,233,796$226,194,093
84$360,933,522$14,529,841$3,165,816$248,938,465
85$397,566,875$15,059,937$3,090,004$273,995,591
86$437,931,101$15,610,278$3,005,924$301,601,246
87$482,406,569$16,181,677$2,913,118$332,015,252
88$531,412,439$16,774,980$2,811,107$365,523,934
89$585,410,621$17,391,067$2,699,392$402,442,820
90$644,910,131$18,030,856$2,577,449$443,119,622
91$710,471,902$18,695,306$2,444,731$487,937,517
92$782,714,074$19,385,413$2,300,667$537,318,766
93$862,317,828$20,102,217$2,144,658$591,728,702
94$950,033,824$20,846,803$1,976,082$651,680,118
95$1,046,689,278$21,620,300$1,794,284$717,738,115
96$1,153,195,776$22,423,887$1,598,585$790,525,432
97$1,270,557,879$23,258,791$1,388,271$870,728,328
98$1,399,882,605$24,126,294$1,162,601$959,103,061
99$1,542,389,880$25,027,731$920,796$1,056,483,026
100$1,699,424,052$25,964,495$662,048$1,163,786,628