Can I retire at age 30 with 2,190,000?

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 $2,190,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$180,848$179,237$177,666$176,132$174,634$170,412
2 years$89,529$87,861$86,245$84,679$83,159$78,931
3 years$59,093$57,418$55,807$54,254$52,759$48,657
4 years$43,878$42,209$40,613$39,087$37,628$33,684
5 years$34,751$33,092$31,517$30,023$28,605$24,829
6 years$28,669$27,022$25,471$24,009$22,634$19,030
7 years$24,326$22,693$21,166$19,739$18,407$14,976
8 years$21,071$19,452$17,951$16,559$15,271$12,011
9 years$18,540$16,937$15,461$14,105$12,860$9,769
10 years$16,516$14,929$13,479$12,158$10,957$8,032
11 years$14,862$13,290$11,867$10,581$9,424$6,659
12 years$13,484$11,929$10,531$9,281$8,166$5,558
13 years$12,319$10,780$9,409$8,194$7,121$4,664
14 years$11,321$9,799$8,454$7,274$6,242$3,932
15 years$10,458$8,951$7,633$6,487$5,496$3,326
16 years$9,703$8,213$6,920$5,808$4,858$2,822
17 years$9,037$7,564$6,297$5,219$4,307$2,401
18 years$8,446$6,989$5,749$4,703$3,830$2,047
19 years$7,918$6,477$5,263$4,250$3,414$1,748
20 years$7,443$6,019$4,830$3,849$3,049$1,495
21 years$7,014$5,607$4,442$3,493$2,729$1,280
22 years$6,625$5,234$4,094$3,176$2,446$1,097
23 years$6,270$4,895$3,780$2,892$2,195$941
24 years$5,945$4,586$3,496$2,638$1,973$808
25 years$5,646$4,304$3,238$2,409$1,776$695
26 years$5,371$4,045$3,003$2,203$1,599$597
27 years$5,117$3,807$2,789$2,016$1,442$514
28 years$4,881$3,587$2,593$1,847$1,301$442
29 years$4,662$3,384$2,413$1,694$1,175$381
30 years$4,458$3,196$2,247$1,555$1,062$328
31 years$4,267$3,021$2,095$1,428$960$282
32 years$4,089$2,859$1,955$1,312$868$243
33 years$3,922$2,707$1,825$1,207$786$210
34 years$3,765$2,566$1,705$1,110$711$181
35 years$3,617$2,434$1,594$1,022$644$156
36 years$3,478$2,310$1,491$941$584$134
37 years$3,347$2,194$1,396$867$529$116
38 years$3,223$2,085$1,307$799$480$100
39 years$3,105$1,983$1,225$737$435$86
40 years$2,994$1,886$1,148$680$395$74
41 years$2,888$1,795$1,076$627$358$64
42 years$2,788$1,710$1,010$579$325$55
43 years$2,693$1,629$948$534$295$48
44 years$2,602$1,553$889$493$268$41
45 years$2,516$1,481$835$456$243$35
46 years$2,433$1,413$784$421$221$31
47 years$2,354$1,348$737$389$200$26
48 years$2,279$1,287$692$359$182$23
49 years$2,207$1,229$651$332$165$20
50 years$2,138$1,174$612$307$150$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,190,000, adding $3,925 every year, while hoping to spend $25,564 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: 46/25/29 Blend
29$2,190,000$2,190,000$2,190,000$2,190,000
30$2,417,429$2,301,359$2,267,414$2,508,273
31$2,636,806$2,386,925$2,316,172$2,658,686
32$2,877,704$2,475,828$2,365,707$2,819,022
33$3,142,289$2,568,203$2,416,018$2,992,511
34$3,432,951$2,664,193$2,467,102$3,180,400
35$3,752,319$2,763,946$2,518,958$3,384,061
36$4,103,293$2,867,617$2,571,581$3,605,003
37$4,489,066$2,975,367$2,624,966$3,844,886
38$4,913,156$3,087,365$2,679,107$4,105,535
39$5,379,439$3,203,787$2,733,998$4,388,959
40$5,892,184$3,324,815$2,789,629$4,697,369
41$6,456,096$3,450,640$2,845,991$5,033,196
42$7,076,360$3,581,463$2,903,073$5,399,117
43$7,758,685$3,717,491$2,960,863$5,798,078
44$8,509,364$3,858,941$3,019,345$6,233,321
45$9,335,330$4,006,040$3,078,504$6,708,415
46$10,244,222$4,159,024$3,138,322$7,227,291
47$11,244,456$4,318,141$3,198,779$7,794,272
48$12,345,307$4,483,646$3,259,855$8,414,121
49$13,556,994$4,655,810$3,321,525$9,092,083
50$14,890,775$4,834,912$3,383,764$9,833,930
51$16,359,057$5,021,246$3,446,543$10,646,019
52$17,975,510$5,215,117$3,509,832$11,535,353
53$19,755,199$5,416,844$3,573,598$12,509,641
54$21,714,721$5,626,761$3,637,805$13,577,373
55$23,872,365$5,845,215$3,702,415$14,747,901
56$26,248,286$6,072,570$3,767,385$16,031,523
57$28,864,690$6,309,205$3,832,672$17,439,583
58$31,746,048$6,555,516$3,898,226$18,984,577
59$34,919,326$6,811,917$3,963,997$20,680,264
60$38,414,236$7,078,840$4,029,930$22,541,806
61$42,263,520$7,356,735$4,095,965$24,585,900
62$46,503,259$7,646,075$4,162,040$26,830,942
63$51,173,211$7,947,352$4,228,087$29,297,193
64$56,317,186$8,261,080$4,294,036$32,006,977
65$61,983,463$8,587,796$4,359,809$34,984,885
66$68,225,240$8,928,062$4,425,327$38,258,007
67$75,101,141$9,282,464$4,490,502$41,856,190
68$82,675,768$9,651,615$4,555,244$45,812,314
69$91,020,307$10,036,156$4,619,456$50,162,605
70$100,213,205$10,436,754$4,683,035$54,946,973
71$110,340,907$10,854,110$4,745,871$60,209,390
72$121,498,672$11,288,954$4,807,850$65,998,302
73$133,791,473$11,742,049$4,868,850$72,367,086
74$147,334,988$12,214,194$4,928,741$79,374,552
75$162,256,690$12,706,223$4,987,387$87,085,497
76$178,697,053$13,219,007$5,044,644$95,571,315
77$196,810,872$13,753,459$5,100,360$104,910,670
78$216,768,733$14,310,531$5,154,374$115,190,235
79$238,758,615$14,891,218$5,206,517$126,505,513
80$262,987,669$15,496,562$5,256,610$138,961,732
81$289,684,169$16,127,652$5,304,465$152,674,838
82$319,099,673$16,785,626$5,349,883$167,772,589
83$351,511,392$17,471,674$5,392,656$184,395,760
84$387,224,808$18,187,039$5,432,564$202,699,467
85$426,576,559$18,933,025$5,469,375$222,854,629
86$469,937,615$19,710,990$5,502,847$245,049,584
87$517,716,781$20,522,359$5,532,722$269,491,860
88$570,364,557$21,368,618$5,558,732$296,410,133
89$628,377,387$22,251,326$5,580,595$326,056,385
90$692,302,348$23,172,108$5,598,013$358,708,279
91$762,742,316$24,132,669$5,610,674$394,671,776
92$840,361,651$25,134,789$5,618,251$434,284,026
93$925,892,477$26,180,331$5,620,399$477,916,541
94$1,020,141,585$27,271,244$5,616,759$525,978,704
95$1,123,998,058$28,409,565$5,606,951$578,921,628
96$1,238,441,654$29,597,428$5,590,578$637,242,416
97$1,364,552,065$30,837,064$5,567,224$701,488,843
98$1,503,519,102$32,130,807$5,536,453$772,264,533
99$1,656,653,934$33,481,100$5,497,807$850,234,644
100$1,825,401,458$34,890,497$5,450,807$936,132,153