Can I retire at age 30 with 2,180,000?

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 $2,180,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$180,022$178,419$176,854$175,327$173,836$166,939
2 years$89,120$87,460$85,852$84,292$82,779$75,916
3 years$58,823$57,156$55,552$54,007$52,519$45,905
4 years$43,678$42,016$40,427$38,909$37,457$31,144
5 years$34,593$32,941$31,373$29,886$28,474$22,477
6 years$28,538$26,899$25,354$23,900$22,530$16,854
7 years$24,215$22,590$21,070$19,649$18,323$12,965
8 years$20,974$19,363$17,869$16,483$15,201$10,155
9 years$18,455$16,859$15,390$14,040$12,801$8,061
10 years$16,441$14,861$13,418$12,103$10,907$6,463
11 years$14,794$13,230$11,813$10,533$9,381$5,222
12 years$13,422$11,874$10,483$9,239$8,129$4,244
13 years$12,263$10,731$9,366$8,157$7,089$3,466
14 years$11,270$9,754$8,416$7,240$6,214$2,842
15 years$10,410$8,910$7,598$6,457$5,471$2,337
16 years$9,658$8,175$6,889$5,782$4,836$1,927
17 years$8,996$7,529$6,269$5,195$4,288$1,592
18 years$8,407$6,957$5,722$4,682$3,812$1,317
19 years$7,882$6,448$5,239$4,230$3,398$1,091
20 years$7,409$5,992$4,808$3,831$3,035$905
21 years$6,982$5,581$4,422$3,477$2,716$751
22 years$6,594$5,210$4,076$3,162$2,435$624
23 years$6,241$4,872$3,763$2,879$2,185$519
24 years$5,918$4,565$3,480$2,626$1,964$432
25 years$5,620$4,284$3,223$2,398$1,768$359
26 years$5,347$4,026$2,990$2,193$1,592$299
27 years$5,093$3,789$2,776$2,007$1,435$249
28 years$4,859$3,571$2,581$1,839$1,295$208
29 years$4,641$3,369$2,402$1,686$1,170$173
30 years$4,438$3,181$2,237$1,548$1,057$144
31 years$4,248$3,007$2,086$1,421$955$120
32 years$4,070$2,846$1,946$1,306$864$100
33 years$3,904$2,695$1,817$1,201$782$83
34 years$3,748$2,554$1,698$1,105$708$70
35 years$3,601$2,422$1,587$1,017$641$58
36 years$3,462$2,299$1,485$937$581$48
37 years$3,332$2,184$1,390$863$527$40
38 years$3,208$2,075$1,301$796$478$34
39 years$3,091$1,973$1,219$734$433$28
40 years$2,980$1,878$1,143$677$393$23
41 years$2,875$1,787$1,072$624$356$20
42 years$2,775$1,702$1,005$576$323$16
43 years$2,681$1,622$943$532$293$14
44 years$2,590$1,546$885$491$266$11
45 years$2,504$1,474$831$454$242$9
46 years$2,422$1,406$781$419$220$8
47 years$2,344$1,342$734$387$199$7
48 years$2,269$1,281$689$358$181$5
49 years$2,197$1,223$648$331$164$5
50 years$2,128$1,169$609$306$149$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,180,000, adding $4,606 every year, while hoping to spend $44,951 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: 79/16/5 Blend
29$2,180,000$2,180,000$2,180,000$2,180,000
30$2,407,111$2,291,571$2,257,781$2,596,443
31$2,604,809$2,356,031$2,285,589$2,785,548
32$2,821,165$2,422,142$2,312,822$2,986,542
33$3,058,036$2,489,939$2,339,414$3,205,650
34$3,317,465$2,559,455$2,365,293$3,444,653
35$3,601,702$2,630,723$2,390,386$3,705,511
36$3,913,225$2,703,779$2,414,614$3,990,385
37$4,254,765$2,778,655$2,437,894$4,301,651
38$4,629,326$2,855,385$2,460,139$4,641,928
39$5,040,222$2,934,003$2,481,258$5,014,101
40$5,491,098$3,014,542$2,501,153$5,421,344
41$5,985,971$3,097,036$2,519,724$5,867,156
42$6,529,268$3,181,518$2,536,862$6,355,389
43$7,125,861$3,268,021$2,552,455$6,890,287
44$7,781,121$3,356,576$2,566,384$7,476,523
45$8,500,963$3,447,216$2,578,526$8,119,246
46$9,291,903$3,539,971$2,588,748$8,824,129
47$10,161,120$3,634,873$2,596,914$9,597,418
48$11,116,523$3,731,950$2,602,879$10,445,997
49$12,166,824$3,831,231$2,606,491$11,377,448
50$13,321,623$3,932,744$2,607,592$12,400,125
51$14,591,495$4,036,516$2,606,013$13,523,231
52$15,988,094$4,142,571$2,601,580$14,756,905
53$17,524,255$4,250,933$2,594,109$16,112,318
54$19,214,125$4,361,624$2,583,407$17,601,779
55$21,073,286$4,474,664$2,569,272$19,238,847
56$23,118,911$4,590,072$2,551,492$21,038,464
57$25,369,918$4,707,864$2,529,846$23,017,092
58$27,847,154$4,828,053$2,504,099$25,192,870
59$30,573,587$4,950,651$2,474,010$27,585,784
60$33,574,525$5,075,666$2,439,322$30,217,854
61$36,877,857$5,203,103$2,399,769$33,113,347
62$40,514,308$5,332,965$2,355,071$36,298,999
63$44,517,736$5,465,250$2,304,935$39,804,271
64$48,925,450$5,599,952$2,249,055$43,661,625
65$53,778,558$5,737,061$2,187,111$47,906,833
66$59,122,359$5,876,565$2,118,767$52,579,312
67$65,006,766$6,018,444$2,043,672$57,722,493
68$71,486,782$6,162,673$1,961,461$63,384,239
69$78,623,013$6,309,223$1,871,749$69,617,288
70$86,482,244$6,458,059$1,774,136$76,479,755
71$95,138,067$6,609,138$1,668,204$84,035,679
72$104,671,574$6,762,410$1,553,513$92,355,628
73$115,172,126$6,917,820$1,429,607$101,517,364
74$126,738,192$7,075,302$1,296,008$111,606,577
75$139,478,280$7,234,784$1,152,217$122,717,695
76$153,511,960$7,396,183$997,711$134,954,772
77$168,970,992$7,559,409$831,947$148,432,474
78$186,000,571$7,724,357$654,355$163,277,158
79$204,760,695$7,890,917$464,341$179,628,067
80$225,427,676$8,058,962$261,287$197,638,640
81$248,195,803$8,228,354$44,543$217,477,967
82$273,279,175$8,398,944$0$239,332,378
83$300,913,725$8,570,566$0$263,417,172
84$331,359,441$8,743,040$0$289,951,842
85$364,902,824$8,916,169$0$319,183,398
86$401,859,591$9,089,741$0$351,386,661
87$442,577,653$9,263,522$0$386,864,478
88$487,440,402$9,437,263$0$425,950,580
89$536,870,326$9,610,692$0$469,012,731
90$591,332,999$9,783,516$0$516,456,201
91$651,341,475$9,955,417$0$568,727,592
92$717,461,129$10,126,056$0$626,319,053
93$790,314,996$10,295,066$0$689,772,923
94$870,589,652$10,462,050$0$759,686,856
95$959,041,693$10,626,587$0$836,719,458
96$1,056,504,877$10,788,221$0$921,596,506
97$1,163,897,995$10,946,464$0$1,015,117,801
98$1,282,233,543$11,100,794$0$1,118,164,714
99$1,412,627,284$11,250,652$0$1,231,708,511
100$1,556,308,772$11,395,439$0$1,356,819,519