Can I retire at age 30 with 2,210,000?

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 $2,210,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$182,500$180,874$179,288$177,740$176,229$174,099
2 years$90,346$88,664$87,033$85,452$83,918$81,775
3 years$59,633$57,943$56,316$54,750$53,241$51,151
4 years$44,279$42,594$40,984$39,444$37,972$35,951
5 years$35,069$33,394$31,805$30,297$28,866$26,919
6 years$28,931$27,269$25,703$24,229$22,841$20,971
7 years$24,548$22,900$21,359$19,920$18,575$16,784
8 years$21,263$19,630$18,115$16,710$15,410$13,697
9 years$18,709$17,091$15,602$14,233$12,978$11,342
10 years$16,667$15,065$13,602$12,269$11,058$9,498
11 years$14,997$13,412$11,975$10,678$9,510$8,025
12 years$13,607$12,038$10,628$9,366$8,241$6,829
13 years$12,432$10,878$9,495$8,269$7,186$5,846
14 years$11,425$9,888$8,531$7,340$6,300$5,028
15 years$10,553$9,033$7,703$6,546$5,547$4,343
16 years$9,791$8,288$6,984$5,861$4,902$3,763
17 years$9,119$7,633$6,355$5,266$4,347$3,271
18 years$8,523$7,053$5,801$4,746$3,865$2,850
19 years$7,990$6,537$5,311$4,288$3,445$2,488
20 years$7,511$6,074$4,874$3,884$3,077$2,176
21 years$7,078$5,658$4,483$3,525$2,753$1,906
22 years$6,685$5,281$4,132$3,205$2,468$1,672
23 years$6,327$4,940$3,815$2,919$2,216$1,469
24 years$5,999$4,628$3,528$2,662$1,991$1,291
25 years$5,698$4,343$3,268$2,431$1,792$1,136
26 years$5,420$4,082$3,031$2,223$1,614$1,001
27 years$5,163$3,842$2,814$2,035$1,455$882
28 years$4,926$3,620$2,616$1,864$1,313$778
29 years$4,705$3,415$2,435$1,710$1,186$686
30 years$4,499$3,225$2,268$1,569$1,071$606
31 years$4,306$3,049$2,114$1,441$969$535
32 years$4,126$2,885$1,973$1,324$876$472
33 years$3,958$2,732$1,842$1,218$793$417
34 years$3,799$2,589$1,721$1,120$718$369
35 years$3,650$2,456$1,609$1,031$650$326
36 years$3,510$2,331$1,505$950$589$288
37 years$3,377$2,214$1,409$875$534$255
38 years$3,252$2,104$1,319$807$484$226
39 years$3,134$2,001$1,236$744$439$200
40 years$3,021$1,903$1,158$686$398$177
41 years$2,915$1,812$1,086$633$361$156
42 years$2,814$1,726$1,019$584$328$138
43 years$2,717$1,644$956$539$297$122
44 years$2,626$1,567$898$498$270$108
45 years$2,539$1,494$843$460$245$96
46 years$2,455$1,426$792$425$223$85
47 years$2,376$1,361$744$392$202$75
48 years$2,300$1,299$699$363$184$67
49 years$2,227$1,240$657$335$167$59
50 years$2,158$1,185$618$310$151$52

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,210,000, adding $5,234 every year, while hoping to spend $53,391 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: 33/44/23 Blend
29$2,210,000$2,210,000$2,210,000$2,210,000
30$2,440,819$2,323,689$2,289,434$2,504,020
31$2,632,975$2,380,742$2,309,322$2,608,875
32$2,842,941$2,438,801$2,328,088$2,716,602
33$3,072,478$2,497,860$2,345,636$2,831,622
34$3,323,524$2,557,908$2,361,868$2,954,612
35$3,598,213$2,618,935$2,376,679$3,086,317
36$3,898,894$2,680,926$2,389,962$3,227,560
37$4,228,155$2,743,865$2,401,599$3,379,247
38$4,588,846$2,807,733$2,411,471$3,542,377
39$4,984,103$2,872,507$2,419,451$3,718,050
40$5,417,383$2,938,162$2,425,404$3,907,480
41$5,892,493$3,004,668$2,429,191$4,112,004
42$6,413,623$3,071,993$2,430,665$4,333,096
43$6,985,392$3,140,100$2,429,672$4,572,383
44$7,612,884$3,208,947$2,426,049$4,831,657
45$8,301,703$3,278,491$2,419,626$5,112,893
46$9,058,020$3,348,679$2,410,226$5,418,270
47$9,888,631$3,419,457$2,397,661$5,750,192
48$10,801,025$3,490,765$2,381,737$6,111,305
49$11,803,451$3,562,534$2,362,247$6,504,531
50$12,904,998$3,634,693$2,338,977$6,933,091
51$14,115,677$3,707,162$2,311,702$7,400,535
52$15,446,518$3,779,855$2,280,186$7,910,778
53$16,909,672$3,852,677$2,244,182$8,468,138
54$18,518,528$3,925,527$2,203,431$9,077,376
55$20,287,835$3,998,296$2,157,663$9,743,739
56$22,233,845$4,070,863$2,106,595$10,473,017
57$24,374,462$4,143,100$2,049,931$11,271,591
58$26,729,414$4,214,869$1,987,361$12,146,498
59$29,320,437$4,286,021$1,918,561$13,105,496
60$32,171,480$4,356,394$1,843,191$14,157,140
61$35,308,931$4,425,817$1,760,898$15,310,864
62$38,761,865$4,494,105$1,671,310$16,577,067
63$42,562,318$4,561,059$1,574,042$17,967,216
64$46,745,589$4,626,465$1,468,687$19,493,954
65$51,350,574$4,690,097$1,354,823$21,171,220
66$56,420,131$4,751,710$1,232,008$23,014,383
67$62,001,485$4,811,044$1,099,781$25,040,386
68$68,146,671$4,867,821$957,659$27,267,911
69$74,913,029$4,921,741$805,138$29,717,553
70$82,363,741$4,972,489$641,692$32,412,016
71$90,568,427$5,019,726$466,774$35,376,333
72$99,603,804$5,063,090$279,808$38,638,099
73$109,554,407$5,102,197$80,197$42,227,739
74$120,513,389$5,136,637$0$46,178,790
75$132,583,397$5,165,974$0$50,560,821
76$145,877,541$5,189,744$0$55,405,117
77$160,520,463$5,207,455$0$60,737,074
78$176,649,510$5,218,580$0$66,606,396
79$194,416,033$5,222,564$0$73,067,864
80$213,986,813$5,218,813$0$80,181,857
81$235,545,632$5,206,699$0$88,014,916
82$259,295,014$5,185,555$0$96,640,383
83$285,458,131$5,154,673$0$106,139,087
84$314,280,908$5,113,300$0$116,600,113
85$346,034,350$5,060,641$0$128,121,646
86$381,017,091$4,995,850$0$140,811,895
87$419,558,221$4,918,032$0$154,790,123
88$462,020,382$4,826,239$0$170,187,769
89$508,803,202$4,719,466$0$187,149,694
90$560,347,057$4,596,648$0$205,835,555
91$617,137,232$4,456,659$0$226,421,307
92$679,708,500$4,298,305$0$249,100,874
93$748,650,171$4,120,326$0$274,087,980
94$824,611,651$3,921,385$0$301,618,169
95$908,308,576$3,700,069$0$331,951,035
96$1,000,529,563$3,454,884$0$365,372,676
97$1,102,143,656$3,184,251$0$402,198,395
98$1,214,108,529$2,886,500$0$442,775,689
99$1,337,479,525$2,559,865$0$487,487,525
100$1,473,419,619$2,202,480$0$536,755,968