Can I retire at age 30 with 2,200,000?

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 $2,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$181,674$180,056$178,477$176,936$175,431$174,472
2 years$89,938$88,263$86,639$85,065$83,539$82,571
3 years$59,363$57,681$56,061$54,502$53,000$52,054
4 years$44,078$42,401$40,798$39,266$37,800$36,882
5 years$34,910$33,243$31,661$30,160$28,735$27,848
6 years$28,800$27,146$25,587$24,119$22,737$21,883
7 years$24,437$22,797$21,263$19,830$18,491$17,670
8 years$21,167$19,541$18,033$16,635$15,340$14,552
9 years$18,624$17,014$15,531$14,169$12,919$12,163
10 years$16,592$14,997$13,541$12,214$11,007$10,284
11 years$14,930$13,351$11,921$10,630$9,467$8,775
12 years$13,546$11,983$10,580$9,324$8,204$7,543
13 years$12,375$10,829$9,452$8,231$7,154$6,524
14 years$11,373$9,843$8,493$7,307$6,271$5,671
15 years$10,505$8,992$7,668$6,516$5,521$4,951
16 years$9,747$8,250$6,952$5,835$4,880$4,338
17 years$9,078$7,598$6,326$5,243$4,327$3,812
18 years$8,485$7,021$5,775$4,725$3,847$3,359
19 years$7,954$6,507$5,287$4,269$3,429$2,967
20 years$7,477$6,047$4,852$3,866$3,063$2,625
21 years$7,046$5,632$4,463$3,509$2,741$2,327
22 years$6,655$5,257$4,113$3,191$2,457$2,066
23 years$6,298$4,917$3,798$2,906$2,205$1,837
24 years$5,972$4,607$3,512$2,650$1,982$1,635
25 years$5,672$4,323$3,253$2,420$1,784$1,457
26 years$5,396$4,063$3,017$2,213$1,607$1,299
27 years$5,140$3,824$2,802$2,026$1,449$1,159
28 years$4,903$3,603$2,604$1,856$1,307$1,036
29 years$4,683$3,399$2,424$1,702$1,180$925
30 years$4,478$3,210$2,258$1,562$1,066$828
31 years$4,287$3,035$2,105$1,434$964$740
32 years$4,108$2,872$1,964$1,318$872$663
33 years$3,940$2,719$1,833$1,212$789$593
34 years$3,782$2,577$1,713$1,115$715$532
35 years$3,634$2,445$1,602$1,027$647$476
36 years$3,494$2,320$1,498$946$586$427
37 years$3,362$2,204$1,402$871$532$383
38 years$3,238$2,094$1,313$803$482$343
39 years$3,120$1,992$1,230$740$437$308
40 years$3,008$1,895$1,153$683$396$276
41 years$2,902$1,804$1,081$630$360$248
42 years$2,801$1,718$1,014$582$326$222
43 years$2,705$1,637$952$537$296$199
44 years$2,614$1,560$893$496$269$179
45 years$2,527$1,488$839$458$244$161
46 years$2,444$1,419$788$423$222$144
47 years$2,365$1,354$740$391$201$130
48 years$2,289$1,293$696$361$183$116
49 years$2,217$1,235$654$334$166$104
50 years$2,148$1,179$615$308$151$94

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,200,000, adding $5,201 every year, while hoping to spend $20,408 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: 41/35/24 Blend
29$2,200,000$2,200,000$2,200,000$2,200,000
30$2,429,765$2,313,165$2,279,065$2,512,035
31$2,655,887$2,404,796$2,333,700$2,663,210
32$2,904,389$2,500,233$2,389,481$2,824,409
33$3,177,534$2,599,641$2,446,425$2,998,491
34$3,477,811$2,703,192$2,504,549$3,186,647
35$3,807,966$2,811,067$2,563,869$3,390,187
36$4,171,022$2,923,453$2,624,402$3,610,553
37$4,570,311$3,040,547$2,686,165$3,849,324
38$5,009,504$3,162,555$2,749,173$4,108,239
39$5,492,645$3,289,691$2,813,441$4,389,208
40$6,024,189$3,422,181$2,878,986$4,694,330
41$6,609,047$3,560,258$2,945,823$5,025,914
42$7,252,628$3,704,169$3,013,966$5,386,498
43$7,960,891$3,854,169$3,083,429$5,778,873
44$8,740,406$4,010,526$3,154,227$6,206,107
45$9,598,407$4,173,522$3,226,374$6,671,576
46$10,542,868$4,343,448$3,299,881$7,178,995
47$11,582,575$4,520,612$3,374,762$7,732,447
48$12,727,209$4,705,333$3,451,027$8,336,428
49$13,987,436$4,897,946$3,528,689$8,995,883
50$15,375,012$5,098,803$3,607,757$9,716,254
51$16,902,887$5,308,268$3,688,241$10,503,530
52$18,585,334$5,526,725$3,770,149$11,364,301
53$20,438,078$5,754,575$3,853,489$12,305,823
54$22,478,449$5,992,236$3,938,268$13,336,080
55$24,725,542$6,240,147$4,024,491$14,463,862
56$27,200,398$6,498,765$4,112,163$15,698,846
57$29,926,205$6,768,571$4,201,287$17,051,685
58$32,928,512$7,050,065$4,291,864$18,534,107
59$36,235,474$7,343,772$4,383,895$20,159,027
60$39,878,117$7,650,241$4,477,380$21,940,663
61$43,890,627$7,970,045$4,572,315$23,894,672
62$48,310,679$8,303,786$4,668,695$26,038,295
63$53,179,788$8,652,091$4,766,516$28,390,519
64$58,543,701$9,015,617$4,865,768$30,972,253
65$64,452,829$9,395,053$4,966,442$33,806,524
66$70,962,724$9,791,118$5,068,525$36,918,692
67$78,134,604$10,204,565$5,172,003$40,336,690
68$86,035,927$10,636,181$5,276,858$44,091,282
69$94,741,030$11,086,793$5,383,071$48,216,353
70$104,331,830$11,557,261$5,490,619$52,749,226
71$114,898,600$12,048,489$5,599,478$57,731,014
72$126,540,815$12,561,423$5,709,618$63,207,001
73$139,368,096$13,097,051$5,821,009$69,227,072
74$153,501,244$13,656,409$5,933,615$75,846,178
75$169,073,378$14,240,580$6,047,397$83,124,854
76$186,231,192$14,850,697$6,162,315$91,129,786
77$205,136,341$15,487,949$6,278,320$99,934,436
78$225,966,967$16,153,578$6,395,363$109,619,737
79$248,919,378$16,848,884$6,513,388$120,274,849
80$274,209,904$17,575,229$6,632,336$131,998,000
81$302,076,938$18,334,039$6,752,143$144,897,406
82$332,783,184$19,126,805$6,872,738$159,092,295
83$366,618,141$19,955,091$6,994,047$174,714,023
84$403,900,832$20,820,531$7,115,989$191,907,311
85$444,982,819$21,724,839$7,238,476$210,831,610
86$490,251,517$22,669,807$7,361,416$231,662,597
87$540,133,857$23,657,312$7,484,708$254,593,832
88$595,100,311$24,689,321$7,608,246$279,838,580
89$655,669,337$25,767,892$7,731,916$307,631,818
90$722,412,270$26,895,179$7,855,596$338,232,448
91$795,958,719$28,073,441$7,979,156$371,925,737
92$877,002,508$29,305,039$8,102,458$409,026,002
93$966,308,228$30,592,450$8,225,355$449,879,572
94$1,064,718,453$31,938,266$8,347,690$494,868,053
95$1,173,161,694$33,345,200$8,469,296$544,411,921
96$1,292,661,167$34,816,095$8,589,998$598,974,485
97$1,424,344,452$36,353,930$8,709,609$659,066,255
98$1,569,454,135$37,961,821$8,827,929$725,249,752
99$1,729,359,542$39,643,035$8,944,750$798,144,813
100$1,905,569,664$41,400,993$9,059,848$878,434,432