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

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 $2,170,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$179,197$177,600$176,043$174,523$173,039$171,161
2 years$88,711$87,059$85,458$83,905$82,399$80,508
3 years$58,553$56,894$55,297$53,759$52,278$50,432
4 years$43,477$41,823$40,242$38,730$37,285$35,499
5 years$34,434$32,790$31,229$29,749$28,343$26,623
6 years$28,407$26,775$25,238$23,790$22,427$20,774
7 years$24,104$22,486$20,973$19,559$18,239$16,654
8 years$20,878$19,275$17,787$16,408$15,131$13,614
9 years$18,370$16,782$15,320$13,976$12,743$11,293
10 years$16,365$14,793$13,356$12,047$10,857$9,474
11 years$14,726$13,169$11,758$10,485$9,338$8,020
12 years$13,361$11,820$10,435$9,196$8,092$6,838
13 years$12,207$10,682$9,323$8,119$7,056$5,865
14 years$11,218$9,709$8,377$7,207$6,185$5,055
15 years$10,362$8,870$7,563$6,428$5,446$4,374
16 years$9,614$8,138$6,857$5,755$4,813$3,799
17 years$8,954$7,494$6,240$5,171$4,268$3,308
18 years$8,369$6,925$5,696$4,660$3,795$2,888
19 years$7,846$6,418$5,215$4,211$3,382$2,527
20 years$7,375$5,964$4,786$3,814$3,021$2,216
21 years$6,950$5,555$4,402$3,461$2,704$1,945
22 years$6,564$5,186$4,057$3,147$2,423$1,710
23 years$6,212$4,850$3,746$2,866$2,175$1,506
24 years$5,890$4,544$3,464$2,614$1,955$1,327
25 years$5,595$4,265$3,209$2,387$1,759$1,170
26 years$5,322$4,008$2,976$2,183$1,585$1,033
27 years$5,070$3,772$2,763$1,998$1,429$913
28 years$4,836$3,554$2,569$1,831$1,289$807
29 years$4,619$3,353$2,391$1,679$1,164$713
30 years$4,417$3,167$2,227$1,541$1,052$631
31 years$4,228$2,994$2,076$1,415$951$559
32 years$4,052$2,832$1,937$1,300$860$495
33 years$3,886$2,682$1,808$1,196$779$438
34 years$3,731$2,542$1,690$1,100$705$388
35 years$3,584$2,411$1,580$1,013$638$344
36 years$3,446$2,289$1,478$933$578$305
37 years$3,316$2,174$1,383$859$524$271
38 years$3,193$2,066$1,295$792$475$240
39 years$3,077$1,964$1,214$730$431$213
40 years$2,967$1,869$1,138$674$391$189
41 years$2,862$1,779$1,067$622$355$168
42 years$2,763$1,694$1,001$574$322$149
43 years$2,668$1,614$939$530$292$132
44 years$2,578$1,539$881$489$265$117
45 years$2,493$1,467$827$452$241$104
46 years$2,411$1,400$777$417$219$92
47 years$2,333$1,336$730$385$198$82
48 years$2,258$1,275$686$356$180$73
49 years$2,187$1,218$645$329$164$65
50 years$2,119$1,163$606$304$149$57

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 $3,272 every year, while hoping to spend $25,836 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: 34/43/23 Blend
29$2,170,000$2,170,000$2,170,000$2,170,000
30$2,394,715$2,279,705$2,246,070$2,459,246
31$2,611,487$2,363,921$2,293,824$2,591,764
32$2,849,503$2,451,398$2,342,312$2,731,983
33$3,110,904$2,542,268$2,391,531$2,882,669
34$3,398,047$2,636,670$2,441,478$3,044,769
35$3,713,527$2,734,747$2,492,147$3,219,317
36$4,060,207$2,836,649$2,543,534$3,407,453
37$4,441,236$2,942,533$2,595,630$3,610,426
38$4,860,088$3,052,563$2,648,430$3,829,609
39$5,320,586$3,166,908$2,701,922$4,066,510
40$5,826,946$3,285,746$2,756,096$4,322,785
41$6,383,809$3,409,263$2,810,940$4,600,255
42$6,996,292$3,537,651$2,866,441$4,900,920
43$7,670,031$3,671,112$2,922,583$5,226,979
44$8,411,234$3,809,857$2,979,350$5,580,850
45$9,226,744$3,954,104$3,036,722$5,965,191
46$10,124,099$4,104,082$3,094,680$6,382,924
47$11,111,606$4,260,031$3,153,200$6,837,265
48$12,198,416$4,422,199$3,212,258$7,331,749
49$13,394,613$4,590,846$3,271,828$7,870,265
50$14,711,310$4,766,243$3,331,881$8,457,092
51$16,160,749$4,948,674$3,392,384$9,096,938
52$17,756,420$5,138,434$3,453,303$9,794,982
53$19,513,189$5,335,831$3,514,603$10,556,925
54$21,447,435$5,541,188$3,576,243$11,389,039
55$23,577,207$5,754,840$3,638,181$12,298,229
56$25,922,393$5,977,138$3,700,371$13,292,094
57$28,504,908$6,208,449$3,762,764$14,378,999
58$31,348,900$6,449,154$3,825,308$15,568,150
59$34,480,978$6,699,653$3,887,947$16,869,687
60$37,930,465$6,960,364$3,950,620$18,294,768
61$41,729,672$7,231,720$4,013,265$19,855,681
62$45,914,201$7,514,177$4,075,812$21,565,956
63$50,523,288$7,808,211$4,138,190$23,440,490
64$55,600,166$8,114,315$4,200,322$25,495,686
65$61,192,476$8,433,009$4,262,125$27,749,610
66$67,352,715$8,764,834$4,323,514$30,222,154
67$74,138,735$9,110,354$4,384,394$32,935,229
68$81,614,285$9,470,160$4,444,670$35,912,961
69$89,849,612$9,844,868$4,504,237$39,181,925
70$98,922,129$10,235,123$4,562,986$42,771,392
71$108,917,141$10,641,598$4,620,800$46,713,599
72$119,928,649$11,064,997$4,677,557$51,044,054
73$132,060,244$11,506,054$4,733,127$55,801,873
74$145,426,075$11,965,537$4,787,373$61,030,138
75$160,151,935$12,444,249$4,840,151$66,776,310
76$176,376,444$12,943,028$4,891,307$73,092,669
77$194,252,356$13,462,752$4,940,681$80,036,805
78$213,948,005$14,004,335$4,988,103$87,672,164
79$235,648,890$14,568,737$5,033,393$96,068,638
80$259,559,429$15,156,956$5,076,364$105,303,225
81$285,904,885$15,770,041$5,116,816$115,460,752
82$314,933,494$16,409,085$5,154,540$126,634,671
83$346,918,811$17,075,230$5,189,318$138,927,941
84$382,162,286$17,769,672$5,220,916$152,453,995
85$420,996,115$18,493,662$5,249,092$167,337,806
86$463,786,372$19,248,505$5,273,591$183,717,064
87$510,936,469$20,035,568$5,294,142$201,743,470
88$562,890,957$20,856,280$5,310,465$221,584,168
89$620,139,731$21,712,134$5,322,262$243,423,315
90$683,222,648$22,604,693$5,329,222$267,463,815
91$752,734,625$23,535,590$5,331,018$293,929,232
92$829,331,257$24,506,533$5,327,307$323,065,893
93$913,735,002$25,519,311$5,317,729$355,145,209
94$1,006,742,007$26,575,791$5,301,907$390,466,235
95$1,109,229,615$27,677,929$5,279,445$429,358,482
96$1,222,164,658$28,827,770$5,249,928$472,185,026
97$1,346,612,574$30,027,451$5,212,921$519,345,927
98$1,483,747,472$31,279,212$5,167,970$571,282,003
99$1,634,863,212$32,585,391$5,114,595$628,478,978
100$1,801,385,623$33,948,439$5,052,297$691,472,069