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

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 $2,210,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$182,500$180,874$179,288$177,740$176,229$171,343
2 years$90,346$88,664$87,033$85,452$83,918$79,033
3 years$59,633$57,943$56,316$54,750$53,241$48,509
4 years$44,279$42,594$40,984$39,444$37,972$33,429
5 years$35,069$33,394$31,805$30,297$28,866$24,524
6 years$28,931$27,269$25,703$24,229$22,841$18,705
7 years$24,548$22,900$21,359$19,920$18,575$14,645
8 years$21,263$19,630$18,115$16,710$15,410$11,684
9 years$18,709$17,091$15,602$14,233$12,978$9,451
10 years$16,667$15,065$13,602$12,269$11,058$7,727
11 years$14,997$13,412$11,975$10,678$9,510$6,370
12 years$13,607$12,038$10,628$9,366$8,241$5,285
13 years$12,432$10,878$9,495$8,269$7,186$4,409
14 years$11,425$9,888$8,531$7,340$6,300$3,693
15 years$10,553$9,033$7,703$6,546$5,547$3,105
16 years$9,791$8,288$6,984$5,861$4,902$2,618
17 years$9,119$7,633$6,355$5,266$4,347$2,212
18 years$8,523$7,053$5,801$4,746$3,865$1,873
19 years$7,990$6,537$5,311$4,288$3,445$1,589
20 years$7,511$6,074$4,874$3,884$3,077$1,350
21 years$7,078$5,658$4,483$3,525$2,753$1,148
22 years$6,685$5,281$4,132$3,205$2,468$977
23 years$6,327$4,940$3,815$2,919$2,216$832
24 years$5,999$4,628$3,528$2,662$1,991$710
25 years$5,698$4,343$3,268$2,431$1,792$606
26 years$5,420$4,082$3,031$2,223$1,614$517
27 years$5,163$3,842$2,814$2,035$1,455$441
28 years$4,926$3,620$2,616$1,864$1,313$377
29 years$4,705$3,415$2,435$1,710$1,186$322
30 years$4,499$3,225$2,268$1,569$1,071$275
31 years$4,306$3,049$2,114$1,441$969$235
32 years$4,126$2,885$1,973$1,324$876$201
33 years$3,958$2,732$1,842$1,218$793$172
34 years$3,799$2,589$1,721$1,120$718$147
35 years$3,650$2,456$1,609$1,031$650$126
36 years$3,510$2,331$1,505$950$589$108
37 years$3,377$2,214$1,409$875$534$92
38 years$3,252$2,104$1,319$807$484$79
39 years$3,134$2,001$1,236$744$439$68
40 years$3,021$1,903$1,158$686$398$58
41 years$2,915$1,812$1,086$633$361$50
42 years$2,814$1,726$1,019$584$328$42
43 years$2,717$1,644$956$539$297$36
44 years$2,626$1,567$898$498$270$31
45 years$2,539$1,494$843$460$245$27
46 years$2,455$1,426$792$425$223$23
47 years$2,376$1,361$744$392$202$19
48 years$2,300$1,299$699$363$184$17
49 years$2,227$1,240$657$335$167$14
50 years$2,158$1,185$618$310$151$12

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 $3,763 every year, while hoping to spend $42,122 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: 34/40/26 Blend
29$2,210,000$2,210,000$2,210,000$2,210,000
30$2,439,302$2,322,172$2,287,917$2,502,882
31$2,643,293$2,391,140$2,319,744$2,619,873
32$2,866,679$2,462,077$2,351,226$2,741,885
33$3,111,395$2,535,033$2,382,307$2,872,631
34$3,379,570$2,610,063$2,412,927$3,012,915
35$3,673,549$2,687,219$2,443,023$3,163,623
36$3,995,916$2,766,557$2,472,529$3,325,727
37$4,349,516$2,848,135$2,501,375$3,500,299
38$4,737,482$2,932,009$2,529,487$3,688,517
39$5,163,267$3,018,239$2,556,786$3,891,678
40$5,630,673$3,106,885$2,583,191$4,111,211
41$6,143,888$3,198,009$2,608,614$4,348,687
42$6,707,525$3,291,673$2,632,964$4,605,836
43$7,326,668$3,387,940$2,656,143$4,884,564
44$8,006,915$3,486,876$2,678,051$5,186,968
45$8,754,435$3,588,547$2,698,580$5,515,360
46$9,576,022$3,693,021$2,717,618$5,872,282
47$10,479,163$3,800,366$2,735,045$6,260,537
48$11,472,106$3,910,652$2,750,737$6,683,212
49$12,563,937$4,023,950$2,764,563$7,143,705
50$13,764,668$4,140,332$2,776,385$7,645,760
51$15,085,328$4,259,873$2,786,058$8,193,504
52$16,538,070$4,382,646$2,793,429$8,791,479
53$18,136,285$4,508,726$2,798,341$9,444,692
54$19,894,724$4,638,192$2,800,623$10,158,657
55$21,829,643$4,771,121$2,800,101$10,939,451
56$23,958,952$4,907,591$2,796,590$11,793,767
57$26,302,385$5,047,683$2,789,896$12,728,981
58$28,881,686$5,191,477$2,779,815$13,753,220
59$31,720,814$5,339,056$2,766,135$14,875,438
60$34,846,170$5,490,502$2,748,633$16,105,502
61$38,286,841$5,645,898$2,727,074$17,454,283
62$42,074,881$5,805,329$2,701,213$18,933,759
63$46,245,608$5,968,880$2,670,794$20,557,132
64$50,837,941$6,136,637$2,635,546$22,338,946
65$55,894,764$6,308,684$2,595,190$24,295,231
66$61,463,330$6,485,110$2,549,429$26,443,648
67$67,595,710$6,666,001$2,497,954$28,803,662
68$74,349,280$6,851,443$2,440,444$31,396,719
69$81,787,268$7,041,524$2,376,560$34,246,456
70$89,979,342$7,236,332$2,305,948$37,378,919
71$99,002,276$7,435,954$2,228,238$40,822,810
72$108,940,668$7,640,475$2,143,044$44,609,759
73$119,887,741$7,849,983$2,049,961$48,774,622
74$131,946,222$8,064,564$1,948,566$53,355,813
75$145,229,311$8,284,301$1,838,417$58,395,662
76$159,861,749$8,509,280$1,719,052$63,940,819
77$175,980,996$8,739,583$1,589,988$70,042,692
78$193,738,526$8,975,292$1,450,722$76,757,934
79$213,301,259$9,216,485$1,300,725$84,148,980
80$234,853,136$9,463,241$1,139,447$92,284,633
81$258,596,851$9,715,635$966,314$101,240,717
82$284,755,769$9,973,740$780,725$111,100,791
83$313,576,031$10,237,627$582,053$121,956,941
84$345,328,878$10,507,362$369,643$133,910,648
85$380,313,210$10,783,009$142,812$147,073,747
86$418,858,408$11,064,628$0$161,569,486
87$461,327,445$11,352,273$0$177,561,221
88$508,120,305$11,645,996$0$195,215,166
89$559,677,767$11,945,841$0$214,656,830
90$616,485,560$12,251,847$0$236,068,219
91$679,078,949$12,564,049$0$259,649,900
92$748,047,787$12,882,473$0$285,622,887
93$824,042,084$13,207,137$0$314,230,733
94$907,778,142$13,538,052$0$345,741,825
95$1,000,045,316$13,875,221$0$380,451,917
96$1,101,713,468$14,218,636$0$418,686,923
97$1,213,741,172$14,568,279$0$460,805,993
98$1,337,184,769$14,924,122$0$507,204,903
99$1,473,208,336$15,286,125$0$558,319,789
100$1,623,094,674$15,654,233$0$614,631,267