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%15.6%
1 years$179,197$177,600$176,043$174,523$173,039$169,062
2 years$88,711$87,059$85,458$83,905$82,399$78,415
3 years$58,553$56,894$55,297$53,759$52,278$48,409
4 years$43,477$41,823$40,242$38,730$37,285$33,563
5 years$34,434$32,790$31,229$29,749$28,343$24,778
6 years$28,407$26,775$25,238$23,790$22,427$19,023
7 years$24,104$22,486$20,973$19,559$18,239$14,996
8 years$20,878$19,275$17,787$16,408$15,131$12,048
9 years$18,370$16,782$15,320$13,976$12,743$9,817
10 years$16,365$14,793$13,356$12,047$10,857$8,086
11 years$14,726$13,169$11,758$10,485$9,338$6,717
12 years$13,361$11,820$10,435$9,196$8,092$5,617
13 years$12,207$10,682$9,323$8,119$7,056$4,724
14 years$11,218$9,709$8,377$7,207$6,185$3,990
15 years$10,362$8,870$7,563$6,428$5,446$3,382
16 years$9,614$8,138$6,857$5,755$4,813$2,876
17 years$8,954$7,494$6,240$5,171$4,268$2,452
18 years$8,369$6,925$5,696$4,660$3,795$2,095
19 years$7,846$6,418$5,215$4,211$3,382$1,793
20 years$7,375$5,964$4,786$3,814$3,021$1,537
21 years$6,950$5,555$4,402$3,461$2,704$1,319
22 years$6,564$5,186$4,057$3,147$2,423$1,133
23 years$6,212$4,850$3,746$2,866$2,175$975
24 years$5,890$4,544$3,464$2,614$1,955$839
25 years$5,595$4,265$3,209$2,387$1,759$723
26 years$5,322$4,008$2,976$2,183$1,585$623
27 years$5,070$3,772$2,763$1,998$1,429$537
28 years$4,836$3,554$2,569$1,831$1,289$463
29 years$4,619$3,353$2,391$1,679$1,164$400
30 years$4,417$3,167$2,227$1,541$1,052$345
31 years$4,228$2,994$2,076$1,415$951$298
32 years$4,052$2,832$1,937$1,300$860$257
33 years$3,886$2,682$1,808$1,196$779$222
34 years$3,731$2,542$1,690$1,100$705$192
35 years$3,584$2,411$1,580$1,013$638$166
36 years$3,446$2,289$1,478$933$578$144
37 years$3,316$2,174$1,383$859$524$124
38 years$3,193$2,066$1,295$792$475$107
39 years$3,077$1,964$1,214$730$431$93
40 years$2,967$1,869$1,138$674$391$80
41 years$2,862$1,779$1,067$622$355$69
42 years$2,763$1,694$1,001$574$322$60
43 years$2,668$1,614$939$530$292$52
44 years$2,578$1,539$881$489$265$45
45 years$2,493$1,467$827$452$241$39
46 years$2,411$1,400$777$417$219$34
47 years$2,333$1,336$730$385$198$29
48 years$2,258$1,275$686$356$180$25
49 years$2,187$1,218$645$329$164$22
50 years$2,119$1,163$606$304$149$19

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 $6,579 every year, while hoping to spend $26,501 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: 51/28/21 Blend
29$2,170,000$2,170,000$2,170,000$2,170,000
30$2,398,126$2,283,116$2,249,481$2,506,114
31$2,614,538$2,366,792$2,296,642$2,665,101
32$2,852,136$2,453,680$2,344,494$2,834,606
33$3,113,053$2,543,909$2,393,034$3,018,350
34$3,399,638$2,637,614$2,442,254$3,217,691
35$3,714,480$2,734,936$2,492,149$3,434,124
36$4,060,430$2,836,021$2,542,709$3,669,292
37$4,440,630$2,941,023$2,593,926$3,925,005
38$4,858,541$3,050,099$2,645,789$4,203,251
39$5,317,975$3,163,417$2,698,285$4,506,219
40$5,823,133$3,281,149$2,751,403$4,836,319
41$6,378,643$3,403,475$2,805,125$5,196,202
42$6,989,603$3,530,585$2,859,436$5,588,784
43$7,661,633$3,662,673$2,914,316$6,017,277
44$8,400,920$3,799,945$2,969,747$6,485,215
45$9,214,286$3,942,614$3,025,706$6,996,490
46$10,109,244$4,090,903$3,082,168$7,555,383
47$11,094,073$4,245,044$3,139,107$8,166,612
48$12,177,896$4,405,279$3,196,494$8,835,367
49$13,370,764$4,571,860$3,254,299$9,567,367
50$14,683,753$4,745,052$3,312,489$10,368,904
51$16,129,065$4,925,129$3,371,027$11,246,912
52$17,720,147$5,112,378$3,429,874$12,209,023
53$19,471,816$5,307,098$3,488,989$13,263,644
54$21,400,399$5,509,603$3,548,327$14,420,031
55$23,523,884$5,720,218$3,607,840$15,688,383
56$25,862,094$5,939,283$3,667,477$17,079,927
57$28,436,874$6,167,154$3,727,184$18,607,034
58$31,272,292$6,404,201$3,786,901$20,283,326
59$34,394,870$6,650,812$3,846,567$22,123,811
60$37,833,835$6,907,390$3,906,115$24,145,018
61$41,621,391$7,174,356$3,965,474$26,365,156
62$45,793,025$7,452,152$4,024,570$28,804,282
63$50,387,843$7,741,237$4,083,323$31,484,492
64$55,448,937$8,042,091$4,141,648$34,430,127
65$61,023,790$8,355,215$4,199,454$37,668,003
66$67,164,728$8,681,133$4,256,648$41,227,660
67$73,929,413$9,020,391$4,313,128$45,141,645
68$81,381,382$9,373,559$4,368,787$49,445,811
69$89,590,655$9,741,235$4,423,513$54,179,661
70$98,634,386$10,124,040$4,477,186$59,386,715
71$108,597,602$10,522,626$4,529,679$65,114,924
72$119,573,994$10,937,672$4,580,860$71,417,114
73$131,666,810$11,369,886$4,630,588$78,351,492
74$144,989,826$11,820,012$4,678,714$85,982,188
75$159,668,419$12,288,824$4,725,082$94,379,859
76$175,840,753$12,777,131$4,769,527$103,622,358
77$193,659,078$13,285,778$4,811,874$113,795,465
78$213,291,173$13,815,651$4,851,941$124,993,694
79$234,921,926$14,367,671$4,889,535$137,321,186
80$258,755,080$14,942,805$4,924,452$150,892,689
81$285,015,156$15,542,060$4,956,479$165,834,636
82$313,949,573$16,166,492$4,985,391$182,286,345
83$345,830,980$16,817,200$5,010,953$200,401,321
84$380,959,835$17,495,338$5,032,915$220,348,714
85$419,667,237$18,202,109$5,051,016$242,314,904
86$462,318,053$18,938,770$5,064,984$266,505,264
87$509,314,363$19,706,638$5,074,529$293,146,096
88$561,099,252$20,507,088$5,079,349$322,486,761
89$618,160,997$21,341,556$5,079,129$354,802,033
90$681,037,672$22,211,546$5,073,533$390,394,692
91$750,322,233$23,118,630$5,062,215$429,598,376
92$826,668,108$24,064,450$5,044,807$472,780,729
93$910,795,373$25,050,726$5,020,925$520,346,868
94$1,003,497,542$26,079,253$4,990,168$572,743,207
95$1,105,649,066$27,151,911$4,952,113$630,461,664
96$1,218,213,580$28,270,664$4,906,318$694,044,304
97$1,342,253,007$29,437,568$4,852,321$764,088,452
98$1,478,937,577$30,654,772$4,789,637$841,252,327
99$1,629,556,878$31,924,524$4,717,758$926,261,255
100$1,795,532,030$33,249,176$4,636,153$1,019,914,507