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

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 $2,180,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$180,022$178,419$176,854$175,327$173,836$168,070
2 years$89,120$87,460$85,852$84,292$82,779$77,026
3 years$58,823$57,156$55,552$54,007$52,519$46,958
4 years$43,678$42,016$40,427$38,909$37,457$32,133
5 years$34,593$32,941$31,373$29,886$28,474$23,400
6 years$28,538$26,899$25,354$23,900$22,530$17,711
7 years$24,215$22,590$21,070$19,649$18,323$13,757
8 years$20,974$19,363$17,869$16,483$15,201$10,885
9 years$18,455$16,859$15,390$14,040$12,801$8,731
10 years$16,441$14,861$13,418$12,103$10,907$7,075
11 years$14,794$13,230$11,813$10,533$9,381$5,780
12 years$13,422$11,874$10,483$9,239$8,129$4,752
13 years$12,263$10,731$9,366$8,157$7,089$3,926
14 years$11,270$9,754$8,416$7,240$6,214$3,257
15 years$10,410$8,910$7,598$6,457$5,471$2,711
16 years$9,658$8,175$6,889$5,782$4,836$2,263
17 years$8,996$7,529$6,269$5,195$4,288$1,893
18 years$8,407$6,957$5,722$4,682$3,812$1,586
19 years$7,882$6,448$5,239$4,230$3,398$1,331
20 years$7,409$5,992$4,808$3,831$3,035$1,119
21 years$6,982$5,581$4,422$3,477$2,716$941
22 years$6,594$5,210$4,076$3,162$2,435$793
23 years$6,241$4,872$3,763$2,879$2,185$668
24 years$5,918$4,565$3,480$2,626$1,964$563
25 years$5,620$4,284$3,223$2,398$1,768$475
26 years$5,347$4,026$2,990$2,193$1,592$401
27 years$5,093$3,789$2,776$2,007$1,435$339
28 years$4,859$3,571$2,581$1,839$1,295$286
29 years$4,641$3,369$2,402$1,686$1,170$242
30 years$4,438$3,181$2,237$1,548$1,057$204
31 years$4,248$3,007$2,086$1,421$955$173
32 years$4,070$2,846$1,946$1,306$864$146
33 years$3,904$2,695$1,817$1,201$782$123
34 years$3,748$2,554$1,698$1,105$708$104
35 years$3,601$2,422$1,587$1,017$641$88
36 years$3,462$2,299$1,485$937$581$75
37 years$3,332$2,184$1,390$863$527$63
38 years$3,208$2,075$1,301$796$478$53
39 years$3,091$1,973$1,219$734$433$45
40 years$2,980$1,878$1,143$677$393$38
41 years$2,875$1,787$1,072$624$356$32
42 years$2,775$1,702$1,005$576$323$27
43 years$2,681$1,622$943$532$293$23
44 years$2,590$1,546$885$491$266$20
45 years$2,504$1,474$831$454$242$17
46 years$2,422$1,406$781$419$220$14
47 years$2,344$1,342$734$387$199$12
48 years$2,269$1,281$689$358$181$10
49 years$2,197$1,223$648$331$164$8
50 years$2,128$1,169$609$306$149$7

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 $6,582 every year, while hoping to spend $57,254 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: 84/5/11 Blend
29$2,180,000$2,180,000$2,180,000$2,180,000
30$2,409,149$2,293,609$2,259,819$2,606,685
31$2,593,965$2,345,078$2,274,605$2,788,362
32$2,795,712$2,397,150$2,287,968$2,979,543
33$3,016,059$2,449,795$2,299,799$3,187,801
34$3,256,839$2,502,977$2,309,984$3,414,821
35$3,520,073$2,556,659$2,318,405$3,662,458
36$3,807,984$2,610,799$2,324,935$3,932,753
37$4,123,022$2,665,351$2,329,444$4,227,956
38$4,467,882$2,720,265$2,331,792$4,550,546
39$4,845,533$2,775,486$2,331,834$4,903,250
40$5,259,246$2,830,953$2,329,419$5,289,076
41$5,712,620$2,886,601$2,324,386$5,711,335
42$6,209,622$2,942,359$2,316,568$6,173,676
43$6,754,619$2,998,150$2,305,788$6,680,118
44$7,352,422$3,053,891$2,291,864$7,235,088
45$8,008,329$3,109,492$2,274,601$7,843,465
46$8,728,176$3,164,854$2,253,798$8,510,624
47$9,518,392$3,219,874$2,229,242$9,242,486
48$10,386,058$3,274,438$2,200,712$10,045,575
49$11,338,975$3,328,425$2,167,975$10,927,079
50$12,385,736$3,381,703$2,130,787$11,894,920
51$13,535,808$3,434,133$2,088,895$12,957,823
52$14,799,618$3,485,564$2,042,031$14,125,404
53$16,188,657$3,535,834$1,989,917$15,408,260
54$17,715,581$3,584,771$1,932,260$16,818,064
55$19,394,336$3,632,190$1,868,756$18,367,680
56$21,240,284$3,677,893$1,799,086$20,071,285
57$23,270,352$3,721,669$1,722,914$21,944,498
58$25,503,189$3,763,292$1,639,893$24,004,530
59$27,959,342$3,802,521$1,549,657$26,270,348
60$30,661,450$3,839,100$1,451,826$28,762,852
61$33,634,456$3,872,754$1,346,000$31,505,071
62$36,905,843$3,903,192$1,231,764$34,522,385
63$40,505,893$3,930,102$1,108,682$37,842,759
64$44,467,971$3,953,154$976,299$41,497,010
65$48,828,841$3,971,995$834,142$45,519,097
66$53,629,012$3,986,252$681,715$49,946,444
67$58,913,118$3,995,525$518,499$54,820,288
68$64,730,342$3,999,392$343,955$60,186,074
69$71,134,878$3,997,403$157,519$66,093,881
70$78,186,441$3,989,081$0$72,598,894
71$85,950,831$3,973,920$0$79,766,791
72$94,500,554$3,951,380$0$87,679,772
73$103,915,506$3,920,892$0$96,393,255
74$114,283,723$3,881,852$0$105,988,704
75$125,702,216$3,833,616$0$116,555,886
76$138,277,885$3,775,506$0$128,193,719
77$152,128,524$3,706,801$0$141,011,205
78$167,383,937$3,626,737$0$155,128,462
79$184,187,158$3,534,507$0$170,677,850
80$202,695,805$3,429,255$0$187,805,228
81$223,083,563$3,310,074$0$206,671,325
82$245,541,825$3,176,006$0$227,453,259
83$270,281,498$3,026,037$0$250,346,209
84$297,534,991$2,859,093$0$275,565,256
85$327,558,410$2,674,039$0$303,347,412
86$360,633,977$2,469,676$0$333,953,859
87$397,072,686$2,244,733$0$367,672,414
88$437,217,246$1,997,871$0$404,820,244
89$481,445,310$1,727,672$0$445,746,861
90$530,173,042$1,432,638$0$490,837,419
91$583,859,042$1,111,187$0$540,516,354
92$643,008,677$761,648$0$595,251,385
93$708,178,849$382,256$0$655,557,933
94$779,983,253$0$0$722,003,984
95$859,098,166$0$0$795,217,038
96$946,268,833$0$0$875,908,144
97$1,042,316,502$0$0$964,816,479
98$1,148,146,173$0$0$1,062,779,785
99$1,264,755,143$0$0$1,170,721,236
100$1,393,242,416$0$0$1,289,658,160