Can I retire at age 30 with 2,170,000?

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 $2,170,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$179,197$177,600$176,043$174,523$173,039$169,545
2 years$88,711$87,059$85,458$83,905$82,399$78,895
3 years$58,553$56,894$55,297$53,759$52,278$48,872
4 years$43,477$41,823$40,242$38,730$37,285$34,003
5 years$34,434$32,790$31,229$29,749$28,343$25,196
6 years$28,407$26,775$25,238$23,790$22,427$19,417
7 years$24,104$22,486$20,973$19,559$18,239$15,368
8 years$20,878$19,275$17,787$16,408$15,131$12,397
9 years$18,370$16,782$15,320$13,976$12,743$10,144
10 years$16,365$14,793$13,356$12,047$10,857$8,391
11 years$14,726$13,169$11,758$10,485$9,338$7,002
12 years$13,361$11,820$10,435$9,196$8,092$5,882
13 years$12,207$10,682$9,323$8,119$7,056$4,969
14 years$11,218$9,709$8,377$7,207$6,185$4,217
15 years$10,362$8,870$7,563$6,428$5,446$3,593
16 years$9,614$8,138$6,857$5,755$4,813$3,070
17 years$8,954$7,494$6,240$5,171$4,268$2,631
18 years$8,369$6,925$5,696$4,660$3,795$2,259
19 years$7,846$6,418$5,215$4,211$3,382$1,943
20 years$7,375$5,964$4,786$3,814$3,021$1,675
21 years$6,950$5,555$4,402$3,461$2,704$1,445
22 years$6,564$5,186$4,057$3,147$2,423$1,248
23 years$6,212$4,850$3,746$2,866$2,175$1,080
24 years$5,890$4,544$3,464$2,614$1,955$934
25 years$5,595$4,265$3,209$2,387$1,759$809
26 years$5,322$4,008$2,976$2,183$1,585$702
27 years$5,070$3,772$2,763$1,998$1,429$608
28 years$4,836$3,554$2,569$1,831$1,289$528
29 years$4,619$3,353$2,391$1,679$1,164$458
30 years$4,417$3,167$2,227$1,541$1,052$398
31 years$4,228$2,994$2,076$1,415$951$346
32 years$4,052$2,832$1,937$1,300$860$300
33 years$3,886$2,682$1,808$1,196$779$261
34 years$3,731$2,542$1,690$1,100$705$227
35 years$3,584$2,411$1,580$1,013$638$197
36 years$3,446$2,289$1,478$933$578$171
37 years$3,316$2,174$1,383$859$524$149
38 years$3,193$2,066$1,295$792$475$130
39 years$3,077$1,964$1,214$730$431$113
40 years$2,967$1,869$1,138$674$391$98
41 years$2,862$1,779$1,067$622$355$85
42 years$2,763$1,694$1,001$574$322$74
43 years$2,668$1,614$939$530$292$65
44 years$2,578$1,539$881$489$265$56
45 years$2,493$1,467$827$452$241$49
46 years$2,411$1,400$777$417$219$43
47 years$2,333$1,336$730$385$198$37
48 years$2,258$1,275$686$356$180$32
49 years$2,187$1,218$645$329$164$28
50 years$2,119$1,163$606$304$149$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,170,000, adding $6,316 every year, while hoping to spend $50,200 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: 61/29/10 Blend
29$2,170,000$2,170,000$2,170,000$2,170,000
30$2,397,855$2,282,845$2,249,210$2,538,286
31$2,589,024$2,341,292$2,271,146$2,691,622
32$2,798,009$2,400,920$2,292,135$2,852,549
33$3,026,576$2,461,735$2,312,091$3,026,898
34$3,276,666$2,523,740$2,330,925$3,215,965
35$3,550,419$2,586,936$2,348,544$3,421,180
36$3,850,190$2,651,324$2,364,848$3,644,117
37$4,178,573$2,716,902$2,379,734$3,886,507
38$4,538,424$2,783,667$2,393,092$4,150,259
39$4,932,890$2,851,613$2,404,807$4,437,474
40$5,365,434$2,920,732$2,414,759$4,750,467
41$5,839,875$2,991,014$2,422,819$5,091,786
42$6,360,414$3,062,446$2,428,855$5,464,240
43$6,931,681$3,135,011$2,432,727$5,870,921
44$7,558,776$3,208,690$2,434,287$6,315,237
45$8,247,318$3,283,462$2,433,382$6,800,942
46$9,003,493$3,359,300$2,429,849$7,332,171
47$9,834,119$3,436,176$2,423,519$7,913,480
48$10,746,705$3,514,055$2,414,213$8,549,889
49$11,749,524$3,592,899$2,401,744$9,246,928
50$12,851,691$3,672,666$2,385,918$10,010,692
51$14,063,246$3,753,309$2,366,528$10,847,894
52$15,395,251$3,834,775$2,343,361$11,765,932
53$16,859,893$3,917,006$2,316,190$12,772,958
54$18,470,600$3,999,937$2,284,781$13,877,956
55$20,242,166$4,083,498$2,248,885$15,090,822
56$22,190,889$4,167,612$2,208,245$16,422,464
57$24,334,729$4,252,195$2,162,591$17,884,900
58$26,693,473$4,337,153$2,111,639$19,491,374
59$29,288,921$4,422,388$2,055,093$21,256,482
60$32,145,096$4,507,789$1,992,643$23,196,305
61$35,288,464$4,593,240$1,923,965$25,328,567
62$38,748,190$4,678,611$1,848,721$27,672,799
63$42,556,407$4,763,765$1,766,555$30,250,523
64$46,748,524$4,848,552$1,677,097$33,085,457
65$51,363,554$4,932,812$1,579,961$36,203,740
66$56,444,488$5,016,372$1,474,741$39,634,176
67$62,038,696$5,099,044$1,361,015$43,408,508
68$68,198,374$5,180,628$1,238,340$47,561,717
69$74,981,039$5,260,909$1,106,255$52,132,354
70$82,450,068$5,339,657$964,278$57,162,903
71$90,675,298$5,416,624$811,905$62,700,184
72$99,733,685$5,491,545$648,610$68,795,792
73$109,710,027$5,564,136$473,844$75,506,588
74$120,697,765$5,634,095$287,034$82,895,235
75$132,799,869$5,701,097$87,581$91,030,790
76$146,129,802$5,764,797$0$99,989,356
77$160,812,594$5,824,825$0$109,868,169
78$176,986,025$5,880,787$0$120,757,131
79$194,801,917$5,932,263$0$132,748,820
80$214,427,575$5,978,807$0$145,955,563
81$236,047,360$6,019,940$0$160,501,147
82$259,864,430$6,055,157$0$176,521,984
83$286,102,659$6,083,917$0$194,168,402
84$315,008,747$6,105,646$0$213,606,064
85$346,854,550$6,119,733$0$235,017,530
86$381,939,645$6,125,531$0$258,603,985
87$420,594,156$6,122,349$0$284,587,134
88$463,181,872$6,109,456$0$313,211,301
89$510,103,680$6,086,076$0$344,745,734
90$561,801,345$6,051,384$0$379,487,145
91$618,761,685$6,004,505$0$417,762,517
92$681,521,164$5,944,512$0$459,932,188
93$750,670,951$5,870,422$0$506,393,256
94$826,862,507$5,781,192$0$557,583,328
95$910,813,731$5,675,718$0$613,984,653
96$1,003,315,733$5,552,830$0$676,128,677
97$1,105,240,308$5,411,289$0$744,601,059
98$1,217,548,161$5,249,783$0$820,047,205
99$1,341,297,975$5,066,924$0$903,178,361
100$1,477,656,407$4,861,242$0$994,778,328