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%19.8%
1 years$181,674$180,056$178,477$176,936$175,431$168,537
2 years$89,938$88,263$86,639$85,065$83,539$76,678
3 years$59,363$57,681$56,061$54,502$53,000$46,388
4 years$44,078$42,401$40,798$39,266$37,800$31,487
5 years$34,910$33,243$31,661$30,160$28,735$22,737
6 years$28,800$27,146$25,587$24,119$22,737$17,058
7 years$24,437$22,797$21,263$19,830$18,491$13,130
8 years$21,167$19,541$18,033$16,635$15,340$10,291
9 years$18,624$17,014$15,531$14,169$12,919$8,173
10 years$16,592$14,997$13,541$12,214$11,007$6,557
11 years$14,930$13,351$11,921$10,630$9,467$5,301
12 years$13,546$11,983$10,580$9,324$8,204$4,312
13 years$12,375$10,829$9,452$8,231$7,154$3,524
14 years$11,373$9,843$8,493$7,307$6,271$2,891
15 years$10,505$8,992$7,668$6,516$5,521$2,379
16 years$9,747$8,250$6,952$5,835$4,880$1,963
17 years$9,078$7,598$6,326$5,243$4,327$1,623
18 years$8,485$7,021$5,775$4,725$3,847$1,344
19 years$7,954$6,507$5,287$4,269$3,429$1,114
20 years$7,477$6,047$4,852$3,866$3,063$925
21 years$7,046$5,632$4,463$3,509$2,741$769
22 years$6,655$5,257$4,113$3,191$2,457$639
23 years$6,298$4,917$3,798$2,906$2,205$532
24 years$5,972$4,607$3,512$2,650$1,982$443
25 years$5,672$4,323$3,253$2,420$1,784$369
26 years$5,396$4,063$3,017$2,213$1,607$307
27 years$5,140$3,824$2,802$2,026$1,449$256
28 years$4,903$3,603$2,604$1,856$1,307$213
29 years$4,683$3,399$2,424$1,702$1,180$178
30 years$4,478$3,210$2,258$1,562$1,066$148
31 years$4,287$3,035$2,105$1,434$964$124
32 years$4,108$2,872$1,964$1,318$872$103
33 years$3,940$2,719$1,833$1,212$789$86
34 years$3,782$2,577$1,713$1,115$715$72
35 years$3,634$2,445$1,602$1,027$647$60
36 years$3,494$2,320$1,498$946$586$50
37 years$3,362$2,204$1,402$871$532$42
38 years$3,238$2,094$1,313$803$482$35
39 years$3,120$1,992$1,230$740$437$29
40 years$3,008$1,895$1,153$683$396$24
41 years$2,902$1,804$1,081$630$360$20
42 years$2,801$1,718$1,014$582$326$17
43 years$2,705$1,637$952$537$296$14
44 years$2,614$1,560$893$496$269$12
45 years$2,527$1,488$839$458$244$10
46 years$2,444$1,419$788$423$222$8
47 years$2,365$1,354$740$391$201$7
48 years$2,289$1,293$696$361$183$6
49 years$2,217$1,235$654$334$166$5
50 years$2,148$1,179$615$308$151$4

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 $4,569 every year, while hoping to spend $32,290 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: 42/41/17 Blend
29$2,200,000$2,200,000$2,200,000$2,200,000
30$2,429,113$2,312,513$2,278,413$2,518,862
31$2,642,526$2,391,470$2,320,383$2,661,651
32$2,876,625$2,473,213$2,362,678$2,812,664
33$3,133,486$2,557,846$2,405,273$2,975,510
34$3,415,395$2,645,474$2,448,143$3,151,288
35$3,724,872$2,736,208$2,491,262$3,341,207
36$4,064,689$2,830,163$2,534,600$3,546,595
37$4,437,905$2,927,458$2,578,126$3,768,914
38$4,847,884$3,028,217$2,621,806$4,009,768
39$5,298,337$3,132,568$2,665,606$4,270,924
40$5,793,350$3,240,646$2,709,485$4,554,323
41$6,337,423$3,352,589$2,753,404$4,862,102
42$6,935,515$3,468,541$2,797,319$5,196,610
43$7,593,091$3,588,653$2,841,182$5,560,432
44$8,316,169$3,713,080$2,884,945$5,956,413
45$9,111,382$3,841,984$2,928,554$6,387,683
46$9,986,035$3,975,534$2,971,953$6,857,686
47$10,948,181$4,113,905$3,015,083$7,370,213
48$12,006,687$4,257,278$3,057,880$7,929,436
49$13,171,327$4,405,843$3,100,277$8,539,950
50$14,452,870$4,559,796$3,142,204$9,206,809
51$15,863,178$4,719,342$3,183,584$9,935,579
52$17,415,326$4,884,694$3,224,338$10,732,390
53$19,123,718$5,056,072$3,264,381$11,603,988
54$21,004,224$5,233,707$3,303,625$12,557,802
55$23,074,333$5,417,837$3,341,975$13,602,013
56$25,353,315$5,608,711$3,379,331$14,745,630
57$27,862,404$5,806,588$3,415,589$15,998,573
58$30,624,996$6,011,737$3,450,638$17,371,768
59$33,666,871$6,224,439$3,484,360$18,877,247
60$37,016,439$6,444,983$3,516,633$20,528,262
61$40,705,003$6,673,674$3,547,327$22,339,410
62$44,767,056$6,910,827$3,576,306$24,326,768
63$49,240,608$7,156,770$3,603,424$26,508,043
64$54,167,543$7,411,845$3,628,532$28,902,742
65$59,594,014$7,676,406$3,651,469$31,532,351
66$65,570,878$7,950,824$3,672,067$34,420,540
67$72,154,177$8,235,485$3,690,152$37,593,381
68$79,405,668$8,530,789$3,705,537$41,079,598
69$87,393,402$8,837,153$3,718,028$44,910,834
70$96,192,368$9,155,012$3,727,420$49,121,947
71$105,885,200$9,484,819$3,733,500$53,751,341
72$116,562,960$9,827,044$3,736,042$58,841,326
73$128,325,991$10,182,179$3,734,809$64,438,516
74$141,284,871$10,550,734$3,729,553$70,594,265
75$155,561,449$10,933,241$3,720,014$77,365,155
76$171,290,002$11,330,256$3,705,920$84,813,525
77$188,618,499$11,742,354$3,686,985$93,008,059
78$207,709,994$12,170,138$3,662,907$102,024,432
79$228,744,173$12,614,235$3,633,375$111,946,023
80$251,919,043$13,075,296$3,598,057$122,864,701
81$277,452,803$13,554,003$3,556,609$134,881,691
82$305,585,904$14,051,065$3,508,671$148,108,524
83$336,583,318$14,567,219$3,453,863$162,668,092
84$370,737,039$15,103,235$3,391,790$178,695,802
85$408,368,840$15,659,917$3,322,038$196,340,857
86$449,833,309$16,238,099$3,244,173$215,767,658
87$495,521,194$16,838,654$3,157,741$237,157,355
88$545,863,098$17,462,491$3,062,267$260,709,555
89$601,333,537$18,110,555$2,957,256$286,644,204
90$662,455,421$18,783,836$2,842,187$315,203,660
91$729,804,992$19,483,361$2,716,518$346,654,978
92$804,017,261$20,210,206$2,579,682$381,292,430
93$885,792,005$20,965,490$2,431,085$419,440,276
94$975,900,370$21,750,379$2,270,106$461,455,830
95$1,075,192,151$22,566,091$2,096,099$507,732,820
96$1,184,603,818$23,413,897$1,908,385$558,705,108
97$1,305,167,350$24,295,120$1,706,258$614,850,784
98$1,438,019,981$25,211,143$1,488,979$676,696,668
99$1,584,414,936$26,163,405$1,255,777$744,823,288
100$1,745,733,258$27,153,412$1,005,845$819,870,353