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

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 $2,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$181,674$180,056$178,477$176,936$175,431$171,749
2 years$89,938$88,263$86,639$85,065$83,539$79,846
3 years$59,363$57,681$56,061$54,502$53,000$49,413
4 years$44,078$42,401$40,798$39,266$37,800$34,345
5 years$34,910$33,243$31,661$30,160$28,735$25,423
6 years$28,800$27,146$25,587$24,119$22,737$19,571
7 years$24,437$22,797$21,263$19,830$18,491$15,471
8 years$21,167$19,541$18,033$16,635$15,340$12,466
9 years$18,624$17,014$15,531$14,169$12,919$10,188
10 years$16,592$14,997$13,541$12,214$11,007$8,418
11 years$14,930$13,351$11,921$10,630$9,467$7,015
12 years$13,546$11,983$10,580$9,324$8,204$5,886
13 years$12,375$10,829$9,452$8,231$7,154$4,966
14 years$11,373$9,843$8,493$7,307$6,271$4,208
15 years$10,505$8,992$7,668$6,516$5,521$3,580
16 years$9,747$8,250$6,952$5,835$4,880$3,055
17 years$9,078$7,598$6,326$5,243$4,327$2,614
18 years$8,485$7,021$5,775$4,725$3,847$2,241
19 years$7,954$6,507$5,287$4,269$3,429$1,925
20 years$7,477$6,047$4,852$3,866$3,063$1,657
21 years$7,046$5,632$4,463$3,509$2,741$1,427
22 years$6,655$5,257$4,113$3,191$2,457$1,231
23 years$6,298$4,917$3,798$2,906$2,205$1,063
24 years$5,972$4,607$3,512$2,650$1,982$919
25 years$5,672$4,323$3,253$2,420$1,784$794
26 years$5,396$4,063$3,017$2,213$1,607$688
27 years$5,140$3,824$2,802$2,026$1,449$595
28 years$4,903$3,603$2,604$1,856$1,307$516
29 years$4,683$3,399$2,424$1,702$1,180$447
30 years$4,478$3,210$2,258$1,562$1,066$387
31 years$4,287$3,035$2,105$1,434$964$336
32 years$4,108$2,872$1,964$1,318$872$291
33 years$3,940$2,719$1,833$1,212$789$253
34 years$3,782$2,577$1,713$1,115$715$219
35 years$3,634$2,445$1,602$1,027$647$190
36 years$3,494$2,320$1,498$946$586$165
37 years$3,362$2,204$1,402$871$532$143
38 years$3,238$2,094$1,313$803$482$124
39 years$3,120$1,992$1,230$740$437$108
40 years$3,008$1,895$1,153$683$396$94
41 years$2,902$1,804$1,081$630$360$81
42 years$2,801$1,718$1,014$582$326$71
43 years$2,705$1,637$952$537$296$61
44 years$2,614$1,560$893$496$269$53
45 years$2,527$1,488$839$458$244$46
46 years$2,444$1,419$788$423$222$40
47 years$2,365$1,354$740$391$201$35
48 years$2,289$1,293$696$361$183$30
49 years$2,217$1,235$654$334$166$26
50 years$2,148$1,179$615$308$151$23

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 $4,768 every year, while hoping to spend $20,926 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: 61/34/5 Blend
29$2,200,000$2,200,000$2,200,000$2,200,000
30$2,429,318$2,312,718$2,278,618$2,575,242
31$2,654,844$2,403,776$2,332,687$2,764,305
32$2,902,671$2,498,595$2,387,865$2,967,625
33$3,175,054$2,597,336$2,444,169$3,188,911
34$3,474,473$2,700,169$2,501,612$3,429,892
35$3,803,663$2,807,272$2,560,211$3,692,470
36$4,165,637$2,918,828$2,619,978$3,978,736
37$4,563,713$3,035,032$2,680,928$4,290,991
38$5,001,549$3,156,085$2,743,076$4,631,767
39$5,483,171$3,282,198$2,806,434$5,003,847
40$6,013,021$3,413,592$2,871,015$5,410,295
41$6,595,988$3,550,497$2,936,833$5,854,482
42$7,237,461$3,693,154$3,003,900$6,340,116
43$7,943,379$3,841,814$3,072,226$6,871,279
44$8,720,282$3,996,742$3,141,825$7,452,464
45$9,575,379$4,158,211$3,212,705$8,088,614
46$10,516,614$4,326,510$3,284,876$8,785,173
47$11,552,738$4,501,938$3,358,349$9,548,131
48$12,693,395$4,684,810$3,433,131$10,384,084
49$13,949,210$4,875,455$3,509,230$11,300,292
50$15,331,893$5,074,216$3,586,653$12,304,749
51$16,854,345$5,281,452$3,665,405$13,406,255
52$18,530,784$5,497,538$3,745,491$14,614,504
53$20,376,873$5,722,867$3,826,915$15,940,164
54$22,409,877$5,957,850$3,909,678$17,394,987
55$24,648,815$6,202,915$3,993,784$18,991,912
56$27,114,649$6,458,513$4,079,230$20,745,191
57$29,830,475$6,725,111$4,166,016$22,670,516
58$32,821,744$7,003,203$4,254,138$24,785,171
59$36,116,502$7,293,300$4,343,592$27,108,193
60$39,745,655$7,595,941$4,434,372$29,660,547
61$43,743,256$7,911,687$4,526,468$32,465,327
62$48,146,835$8,241,126$4,619,872$35,547,969
63$52,997,745$8,584,874$4,714,570$38,936,489
64$58,341,555$8,943,573$4,810,548$42,661,751
65$64,228,482$9,317,897$4,907,790$46,757,750
66$70,713,863$9,708,549$5,006,277$51,261,934
67$77,858,676$10,116,267$5,105,986$56,215,556
68$85,730,117$10,541,821$5,206,893$61,664,062
69$94,402,236$10,986,017$5,308,971$67,657,514
70$103,956,633$11,449,700$5,412,189$74,251,064
71$114,483,226$11,933,752$5,516,515$81,505,474
72$126,081,108$12,439,098$5,621,910$89,487,680
73$138,859,471$12,966,705$5,728,335$98,271,429
74$152,938,648$13,517,584$5,835,745$107,937,968
75$168,451,240$14,092,795$5,944,092$118,576,810
76$185,543,370$14,693,446$6,053,323$130,286,576
77$204,376,066$15,320,697$6,163,382$143,175,922
78$225,126,776$15,975,763$6,274,206$157,364,562
79$247,991,046$16,659,914$6,385,731$172,984,396
80$273,184,363$17,374,480$6,497,883$190,180,751
81$300,944,193$18,120,855$6,610,587$209,113,748
82$331,532,219$18,900,495$6,723,760$229,959,812
83$365,236,813$19,714,926$6,837,314$252,913,331
84$402,375,757$20,565,747$6,951,153$278,188,492
85$443,299,244$21,454,628$7,065,176$306,021,291
86$488,393,183$22,383,321$7,179,276$336,671,765
87$538,082,843$23,353,659$7,293,336$370,426,433
88$592,836,864$24,367,560$7,407,235$407,601,007
89$653,171,688$25,427,034$7,520,841$448,543,355
90$719,656,426$26,534,184$7,634,015$493,636,792
91$792,918,236$27,691,214$7,746,609$543,303,682
92$873,648,241$28,900,428$7,858,465$598,009,428
93$962,608,055$30,164,243$7,969,418$658,266,854
94$1,060,636,973$31,485,187$8,079,289$724,641,046
95$1,168,659,892$32,865,909$8,187,893$797,754,671
96$1,287,696,044$34,309,182$8,295,031$878,293,858
97$1,418,868,618$35,817,909$8,400,492$967,014,663
98$1,563,415,363$37,395,133$8,504,054$1,064,750,197
99$1,722,700,274$39,044,038$8,605,484$1,172,418,491
100$1,898,226,467$40,767,961$8,704,532$1,291,031,147