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%14.3%
1 years$181,674$180,056$178,477$176,936$175,431$172,312
2 years$89,938$88,263$86,639$85,065$83,539$80,407
3 years$59,363$57,681$56,061$54,502$53,000$49,954
4 years$44,078$42,401$40,798$39,266$37,800$34,862
5 years$34,910$33,243$31,661$30,160$28,735$25,913
6 years$28,800$27,146$25,587$24,119$22,737$20,035
7 years$24,437$22,797$21,263$19,830$18,491$15,910
8 years$21,167$19,541$18,033$16,635$15,340$12,879
9 years$18,624$17,014$15,531$14,169$12,919$10,576
10 years$16,592$14,997$13,541$12,214$11,007$8,782
11 years$14,930$13,351$11,921$10,630$9,467$7,355
12 years$13,546$11,983$10,580$9,324$8,204$6,203
13 years$12,375$10,829$9,452$8,231$7,154$5,261
14 years$11,373$9,843$8,493$7,307$6,271$4,483
15 years$10,505$8,992$7,668$6,516$5,521$3,835
16 years$9,747$8,250$6,952$5,835$4,880$3,291
17 years$9,078$7,598$6,326$5,243$4,327$2,832
18 years$8,485$7,021$5,775$4,725$3,847$2,443
19 years$7,954$6,507$5,287$4,269$3,429$2,111
20 years$7,477$6,047$4,852$3,866$3,063$1,827
21 years$7,046$5,632$4,463$3,509$2,741$1,584
22 years$6,655$5,257$4,113$3,191$2,457$1,375
23 years$6,298$4,917$3,798$2,906$2,205$1,194
24 years$5,972$4,607$3,512$2,650$1,982$1,039
25 years$5,672$4,323$3,253$2,420$1,784$904
26 years$5,396$4,063$3,017$2,213$1,607$787
27 years$5,140$3,824$2,802$2,026$1,449$686
28 years$4,903$3,603$2,604$1,856$1,307$598
29 years$4,683$3,399$2,424$1,702$1,180$522
30 years$4,478$3,210$2,258$1,562$1,066$455
31 years$4,287$3,035$2,105$1,434$964$397
32 years$4,108$2,872$1,964$1,318$872$347
33 years$3,940$2,719$1,833$1,212$789$303
34 years$3,782$2,577$1,713$1,115$715$265
35 years$3,634$2,445$1,602$1,027$647$231
36 years$3,494$2,320$1,498$946$586$202
37 years$3,362$2,204$1,402$871$532$177
38 years$3,238$2,094$1,313$803$482$154
39 years$3,120$1,992$1,230$740$437$135
40 years$3,008$1,895$1,153$683$396$118
41 years$2,902$1,804$1,081$630$360$103
42 years$2,801$1,718$1,014$582$326$90
43 years$2,705$1,637$952$537$296$79
44 years$2,614$1,560$893$496$269$69
45 years$2,527$1,488$839$458$244$60
46 years$2,444$1,419$788$423$222$53
47 years$2,365$1,354$740$391$201$46
48 years$2,289$1,293$696$361$183$40
49 years$2,217$1,235$654$334$166$35
50 years$2,148$1,179$615$308$151$31

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 $5,427 every year, while hoping to spend $36,748 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: 36/49/15 Blend
29$2,200,000$2,200,000$2,200,000$2,200,000
30$2,429,998$2,313,398$2,279,298$2,506,119
31$2,638,758$2,387,655$2,316,555$2,635,822
32$2,867,580$2,464,319$2,353,828$2,771,865
33$3,118,472$2,543,469$2,391,080$2,917,941
34$3,393,644$2,625,187$2,428,269$3,074,963
35$3,695,532$2,709,557$2,465,352$3,243,932
36$4,026,818$2,796,667$2,502,283$3,425,953
37$4,390,457$2,886,607$2,539,013$3,622,234
38$4,789,703$2,979,471$2,575,490$3,834,109
39$5,228,143$3,075,355$2,611,659$4,063,040
40$5,709,725$3,174,359$2,647,461$4,310,636
41$6,238,800$3,276,585$2,682,834$4,578,667
42$6,820,161$3,382,142$2,717,713$4,869,079
43$7,459,089$3,491,138$2,752,027$5,184,013
44$8,161,400$3,603,688$2,785,705$5,525,824
45$8,933,504$3,719,910$2,818,667$5,897,103
46$9,782,461$3,839,925$2,850,832$6,300,702
47$10,716,051$3,963,860$2,882,113$6,739,758
48$11,742,844$4,091,845$2,912,420$7,217,724
49$12,872,283$4,224,014$2,941,655$7,738,401
50$14,114,772$4,360,507$2,969,717$8,305,972
51$15,481,775$4,501,469$2,996,498$8,925,043
52$16,985,922$4,647,047$3,021,887$9,600,683
53$18,641,130$4,797,396$3,045,764$10,338,475
54$20,462,733$4,952,675$3,068,004$11,144,564
55$22,467,625$5,113,050$3,088,476$12,025,718
56$24,674,424$5,278,690$3,107,041$12,989,388
57$27,103,641$5,449,773$3,123,553$14,043,781
58$29,777,881$5,626,479$3,137,860$15,197,934
59$32,722,047$5,809,000$3,149,801$16,461,799
60$35,963,584$5,997,528$3,159,207$17,846,338
61$39,532,729$6,192,267$3,165,900$19,363,624
62$43,462,805$6,393,425$3,169,695$21,026,955
63$47,790,526$6,601,219$3,170,396$22,850,977
64$52,556,353$6,815,871$3,167,797$24,851,825
65$57,804,867$7,037,615$3,161,684$27,047,271
66$63,585,193$7,266,688$3,151,830$29,456,893
67$69,951,467$7,503,339$3,138,000$32,102,258
68$76,963,338$7,747,824$3,119,945$35,007,124
69$84,686,540$8,000,410$3,097,405$38,197,665
70$93,193,507$8,261,369$3,070,107$41,702,715
71$102,564,055$8,530,987$3,037,767$45,554,044
72$112,886,141$8,809,558$3,000,085$49,786,648
73$124,256,688$9,097,386$2,956,747$54,439,089
74$136,782,499$9,394,787$2,907,427$59,553,847
75$150,581,269$9,702,087$2,851,781$65,177,732
76$165,782,693$10,019,623$2,789,450$71,362,311
77$182,529,689$10,347,747$2,720,059$78,164,408
78$200,979,749$10,686,818$2,643,213$85,646,626
79$221,306,425$11,037,214$2,558,502$93,877,947
80$243,700,964$11,399,321$2,465,495$102,934,376
81$268,374,116$11,773,541$2,363,743$112,899,658
82$295,558,123$12,160,292$2,252,775$123,866,070
83$325,508,909$12,560,003$2,132,101$135,935,288
84$358,508,496$12,973,122$2,001,205$149,219,346
85$394,867,669$13,400,111$1,859,551$163,841,692
86$434,928,903$13,841,448$1,706,577$179,938,354
87$479,069,602$14,297,630$1,541,699$197,659,220
88$527,705,657$14,769,170$1,364,302$217,169,451
89$581,295,376$15,256,601$1,173,747$238,651,042
90$640,343,803$15,760,474$969,367$262,304,535
91$705,407,494$16,281,359$750,463$288,350,912
92$777,099,762$16,819,850$516,308$317,033,680
93$856,096,475$17,376,559$266,141$348,621,164
94$943,142,426$17,952,122$0$383,409,046
95$1,039,058,375$18,547,197$0$421,723,279
96$1,144,748,786$19,162,466$0$463,968,233
97$1,261,210,372$19,798,637$0$510,497,046
98$1,389,541,502$20,456,443$0$561,745,839
99$1,530,952,569$21,136,642$0$618,195,189
100$1,686,777,416$21,840,023$0$680,374,661